Customer Relationship Management Strategies Can Be Key to Surviving Economic Slowdown
CRM systems are too new to have been thoroughly tested during an economic downturn, but there is reason to believe that they could substantially help a company during such periods. While the natural reflex may be to cut expenditures during a slowing economy, investments such as CRM software can prove crucial to surviving economic setbacks.
This white paper looks at how CRM systems can be used to implement business strategies geared to doing well in a tight economy. These strategies include addressing the bottom line from both a revenue and expense perspective, by increasing market penetration and improving return on investment.
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