CRM in financial services: Are companies realising the benefits of CRM in practice, and how is the strategy being implemented in organisations? — Janet Winston, Interactive Marketing, Vol. 5 No. 4
As a potentially very powerful business strategy that can deliver signficant economic benefits for organisations, the subject of CRM has attracted growing attention throughout the 1990s to date. There has, however, been increasing criticism recently of the approach, because it does not appear to be delivering the expected results in practice. The concept of relationship marketing has also been criticised for being difficult to implement in practice, with many organisations failing to implement the approach according to the advocated principles.
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