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  2. Customer relationship management - Wikipedia

    en.wikipedia.org/wiki/Customer_relationship...

    v. t. e. Customer relationship management ( CRM) is a process in which a business or other organization administers its interactions with customers, typically using data analysis to study large amounts of information. [1] CRM systems compile data from a range of different communication channels, including a company's website, telephone (which ...

  3. Retail loss prevention - Wikipedia

    en.wikipedia.org/wiki/Retail_loss_prevention

    Retail loss prevention (also known as retail asset protection) is a set of practices employed by retail companies to preserve profit. Loss prevention is mainly found within the retail sector but also can be found within other business environments. Retail loss prevention is geared towards the elimination of preventable loss.

  4. Consumer protection - Wikipedia

    en.wikipedia.org/wiki/Consumer_protection

    Consumer protection is the practice of safeguarding buyers of goods and services, and the public, against unfair practices in the marketplace. Consumer protection measures are often established by law. Such laws are intended to prevent businesses from engaging in fraud or specified unfair practices to gain an advantage over competitors or to ...

  5. Retail Workers Share 8 Characteristics of an Ideal Customer - AOL

    www.aol.com/finance/retail-workers-share-8...

    Don’t Shop at Closing Time. Anyone who’s ever worked a day in their life knows that the last hour of the day is the toughest. It’s especially hard in retail, where a flood of entitled ...

  6. OpenAI’s ChatGPT Heads to Retail Customer Service via Linc

    www.aol.com/lifestyle/openai-chatgpt-heads...

    The Las Vegas conference was the natural pick for Linc, whose automated customer experience platform launched a new integration with the much-hyped artificial intelligence -powered ChatGPT on ...

  7. Customer service - Wikipedia

    en.wikipedia.org/wiki/Customer_service

    Customer service is the assistance and advice provided by a company through phone, online chat, and e-mail to those who buy or use its products or services. Each industry requires different levels of customer service, [1] but towards the end, the idea of a well-performed service is that of increasing revenues.

  8. Safeway removes self-checkout kiosks from some Bay Area stores

    www.aol.com/news/safeway-removes-self-checkout...

    "Lone workers have become easy targets of theft and violence and they're too often forced to stock merchandise, operate checkout, cater to customers, all while trying to monitor their stores for ...

  9. Payment for order flow - Wikipedia

    en.wikipedia.org/wiki/Payment_for_order_flow

    Payment for order flow (PFOF) is the compensation that a stockbroker receives from a market maker in exchange for the broker routing its clients' trades to that market maker. [1] It is a controversial practice that has been called a "kickback" by its critics. [2] Policymakers supportive of PFOF and several people in finance who have a favorable ...

  10. Know your customer - Wikipedia

    en.wikipedia.org/wiki/Know_your_customer

    In the United States, Know Your Customer ( KYC) guidelines and regulations in financial services require professionals to verify the identity, suitability, and risks involved with maintaining a business relationship with a customer. The procedures fit within the broader scope of anti-money laundering (AML) and counter terrorism financing (CTF ...

  11. Customer retention - Wikipedia

    en.wikipedia.org/wiki/Customer_retention

    Customer retention refers to the ability of a company or product to retain its customers over some specified period. High customer retention means customers of the product or business tend to return to, continue to buy or in some other way not defect to another product or business, or to non-use entirely.