How do CRM Tools enhance Customer Retention?

A company is evaluating the effectiveness of CRM tools in managing various aspects of customer relationships.

Review the following scenarios and identify which ones are typically addressed by CRM tools:


  • Scenario I: Tracking a customer’s purchase history and previous interactions with customer service to provide personalized service.

  • Scenario II: Analyzing market trends to decide on the company’s next product launch.

  • Scenario III: Managing and scheduling follow-up emails to customers who have recently made a purchase.

  • Scenario IV: Calculating the company’s overall sales performance in the last quarter.

Select the scenarios that CRM tools are designed to effectively manage.

Choose the closest answer: