Glossary of Terms

 


CRM
Customer relationship management (CRM) is a term that refers to practices, strategies and technologies that companies use to manage and analyze customer interactions and data throughout the customer lifecycle, with the goal of improving business relationships with customers, assisting in customer retention and driving sales
Investment
the action or process of investing money for profit or material result. "a debate over private investment in road-building"
Sales Cycle
A sales cycle is the series of predictable phases required to sell a product or a service. Sales cycles can vary greatly among organizations, products and services, and no one sale will be exactly the same.
Supply Chain
the sequence of processes involved in the production and distribution of a commodity.

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Cool Life CRM enables a 360° marketing solution coupled with a full Relationship Life Cycle process, providing valuable insights for business leaders in real-time.

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