The retail industry is an essential part of the world economy. “It can be categorized by different levels of service, and generally fall into one of the following sections. Discount department shops, wholesale organizations, supercenters, hyper marts, and so-called category
Retail industries deal with both products and services. However, while products are consumed, services are experienced. This is the simple but important thing to understand for their customers to be a successful part of today’s retail world because the customer
What is the objective of Predicting Customer Behavior? Predicting customer behaviors’ main objective is to know user intentionality towards a particular product or service or category, based on interactions or transactions within a website. But to keep tracking the customers’
What is the objective of Customer Retention? The client maintenance definition in marketing is the way toward connecting with existing clients to keep purchasing items or products or services from organizations. Customer retention is the collection of activities a business
Customer Relationship Management (CRM) is the approach that helps organizations/businesses to improve relationships with existing customers and also helps to acquire new customers fastly. Above is the basic definition of CRM. Let’s discuss this a little bit more. In a