Which of the following statements does not describe personalization implemented as a CRM program?

A. With the availability of customer-level data and analysis tools, retailers can now economically offer unique benefits and target messages to individual customers.
B. It overcomes a limitation of CRM strategies that treat all customers in a platinum segment as identical.
C. The Internet channel provides an opportunity for retailers to automate personalization and efficiently develop relationships similar to those that many small local retailers have with customers.
D. It helps retailers to convert their unprofitable customers in the lead segment in the customer pyramid to best customers.
E. The effective use of customer information in personalization programs creates the positive feedback cycle in the CRM process.


Answer: D

Business

You might also like to view...

How is advertising different from public relations?

What will be an ideal response?

Business

When bonds are sold between interest dates, any accrued interest is credited to

a. Interest Payable. b. Interest Revenue. c. Interest Receivable. d. Bonds Payable.

Business

Which of the following occurs when one loads jobs with more of the core characteristics that have been shown to motivate employees?

A. horizontal loading B. job enrichment C. work redesign D. feng shui

Business

A company discarded a computer system originally purchased for $18,000. The accumulated depreciation was $17,200. The company should recognize a(an):

A. $7,200 loss. B. $0 gain or loss. C. $8,000 loss. D. $800 gain. E. $800 loss.

Business