Abstract
This chapter provides an understanding of the concept and core activities of customer relationship management (CRM): the process of building, retaining, and expanding long-term partnerships between a company and its customers based on mutual trust. It compares and analyzes different CRM activities in the dynamic CRM framework: customer acquisition, retention, and expansion. Finally, it outlines how to formulate CRM activities for real cases, especially in the media and entertainment industry.
Original language | English |
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Title of host publication | Media and Entertainment Industry Management: How to Integrate Business and Management with Creativity and Imagination |
Place of Publication | London |
Publisher | Routledge |
Chapter | 7 |
Number of pages | 33 |
ISBN (Electronic) | 9781032221212 |
ISBN (Print) | 9781003271222, 9781032221243 |
DOIs | |
Publication status | Published - 28 Feb 2024 |