Explain me how relationship management does help in business growth?

Submitted by: Muhammad
Relationship management helps to find, attract, and win new clients, nurture and retain those the company already has, entice former clients back into the fold, and reduce the costs of marketing and client service. Customer relationship management describes a company-wide business strategy including customer-interface departments as well as other departments. Measuring and valuing customer relationships is critical to implementing this strategy which definitely help in business growth.”
Submitted by: Muhammad

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