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Friday, 7 November 2014

Application of Web Data Mining in CRM

The process of improvising the customer relations and interactions and making them more amicable may be termed as Customer relationship management (CRM). Since web data mining is used in the utilization of the various modeling and data analysis methods in detecting given patterns and relationships in the data, it can be used as an effective tool in CRM. By the effectively using web data mining you are able to understand what your customers what.

It is important to note that web data mining can be used effectively in searching for the right and potential customers to be offered the right products at the right time. The result of this in any business is the increase in the revenue generated. This is made possible as you are able to respond to each customer in an effective and efficient way. The method further utilizes very few resources and can be therefore termed as an economical method.

In the next paragraphs we discuss the basic process of customer relationship management and its integration with web data mining service. The following are the basic process that should be used in understanding what your customers need, sending them the right offers and products, and reducing the resources used in managing your customers.

Defining the business objective. Web data mining can be used to define and inform your customers your business objective. By doing research you can be able to determine whether your business objective is communicated well to your customers and clients. Does your business objective take interest in the customers? Your business goal must be clearly outlined in your business CRM. By having a more precise and defined goal is the possible way of ensuring success in the customer relationship management.

Source:http://www.loginworks.com/blogs/web-scraping-blogs/application-web-data-mining-crm/

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