What is CRM? A Complete Guide to Customer Relationship Management: Basics, Features, Use Cases, and Implementation Tips
In today’s business environment, putting the customer at the center is no longer just a slogan—it’s a survival strategy. Traditional business growth relied heavily on acquiring new customers, but as markets mature and competition intensifies, the cost of acquiring new customers (CAC: Customer Acquisition Cost) continues to rise. In contrast, retaining existing customers is more cost-effective and creates opportunities to increase LTV (Customer Lifetime Value) through repeat purchases and upselling.