학술논문

Customer Relationship Management (CRM) Automation Using Machine Learning Algorithm
Document Type
Conference
Source
2023 2nd International Conference on Futuristic Technologies (INCOFT) Futuristic Technologies (INCOFT), 2023 2nd International Conference on. :1-6 Nov, 2023
Subject
Aerospace
Bioengineering
Communication, Networking and Broadcast Technologies
Components, Circuits, Devices and Systems
Computing and Processing
Engineered Materials, Dielectrics and Plasmas
Engineering Profession
Fields, Waves and Electromagnetics
General Topics for Engineers
Nuclear Engineering
Photonics and Electrooptics
Power, Energy and Industry Applications
Robotics and Control Systems
Signal Processing and Analysis
Surveys
Machine learning algorithms
Automation
Customer relationship management
Support vector machine classification
Organizations
Springs
Classification
Support Vector Machines (SVM)
Naïve Bayes (NB)
Logistic Regression (LR)
Decision Tree(DT)
Language
Abstract
CRM automation, is analytic as well as very important aspect of modern businesses, Effectual CRM can help organizations improve customer satisfaction, retention, and sales. However, managing customer relationships manually can be time-consuming and vulnerable. This has led to the development of CRM automation tools that can rationalize and optimize CRM processes. Machine learning algorithms have emerged as spring up tools for automating CRM processes. Machine learning algorithms have the tendency to survey large datasets of customer information and learn from patterns to make predictions which can also lead to developing alterations for the problem that gets highlighted with the help of these machine learning algorithms. This research paper provides an overview of the use of machine learning algorithms in CRM automation. The paper encompasses and discusses various types of variations in CRM automation, including customer attributes, purchase history, and social media activity. Machine learning algorithms can examine these data sources to predict customer behaviour, identify upselling and cross-selling opportunities, and improve customer segmentation. One of the key advantages of using machine learning algorithms in CRM automation is their ability to capability to improve over time. Machine learning algorithms can learn from customer interactions and feedback to improve their accuracy and effectiveness. One of the major challenges is the quality and availability of data. Inconsistent data quality, missing data, and biased data can significantly impact the accuracy of machine learning models. Machine Learning algorithms used in CRM automation Regression algorithms, classification, K – means clustering, Support Vector Machines (SVM). In conclusion, this research paper highlights the potential of machine learning algorithms for automating CRM processes. The use of machine learning algorithms can help organizations enhance their CRM efforts, improving customer relationship.