A Comprehensive Study of CRM through Data Mining Techniques

In today's competitive scenario in corporate world, "Customer Retention" strategy in Customer Relationship Management (CRM) is an increasingly pressed issue. Data mining techniques play a vital role in better CRM. This paper attempts to bring a new perspective by focusing the issue of...

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Veröffentlicht in:arXiv.org 2012-05
Hauptverfasser: Md Rashid Farooqi, Raza, Khalid
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description In today's competitive scenario in corporate world, "Customer Retention" strategy in Customer Relationship Management (CRM) is an increasingly pressed issue. Data mining techniques play a vital role in better CRM. This paper attempts to bring a new perspective by focusing the issue of data mining applications, opportunities and challenges in CRM. It covers the topic such as customer retention, customer services, risk assessment, fraud detection and some of the data mining tools which are widely used in CRM.
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subjects Business competition
Customer relationship management
Customer retention
Customer satisfaction
Customer services
Data mining
Fraud
Risk assessment
title A Comprehensive Study of CRM through Data Mining Techniques
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