Customer relationship management (crm) system waterfall model

The waterfall model that you’re likely to come across today includes ,seven phases, which are listed as follows:

1. Nowadays
2. the waterfall model is one of several models that are frequently used for project management

Other models include:iterative and agile models, which are much more flexible as compared to the waterfall approach.

As with the previous example of the waterfall model, the organization designing the software program needs to perform a feasibility study to find out what kind of programs are already present in the market that can achieve similar tasks in academia.
Following this, the most important phases of the waterfall model can start functioning as follows:.

As a linear or sequential model, the waterfall model has a number of phases, each of which must be completed before moving onto the next one.
This is why the model is known as the waterfall model because its movement from one phase to another in a downward manner similar to a waterfall.

When it comes to CRM, strategically significant customers are a key focus.
By capitalizing on the most valuable customer segments, companies can improve their long-term profitability and competitiveness.
There are several different strategies or models for customer relationship management.