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Explain the concept of predictive analytics in CRM and its potential benefits for sales and marketing.
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- What forecasting techniques are used in the management of technology and innovation?How do predictive analytics and data mining contribute to customer relationship management and sales forecasting in CRM?Explain the concept of predictive analytics in CRM and provide examples of how it can be used to improve customer engagement.
- Discuss the concept of predictive analytics in CRM and its role in improving customer relationship management.Explain the concept of predictive analytics in CRM. How can businesses use predictive analytics to enhance customer relationships and drive sales?Provide an explanation of the operation of predictive analytics and a practical application of the method.
- How can predictive analytics enhance customer segmentation and targeting in CRM?How can businesses use predictive analytics within their CRM systems to forecast customer behavior and optimize their marketing and sales strategies? Provide a detailed explanation.Discuss how can predictive analytics be applied in marketing to forecast customer behavior?