Meaning of the word "customer relationship" in English

What does "customer relationship" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

customer relationship

US /ˈkʌstəmər rɪˈleɪʃənˌʃɪp/
UK /ˈkʌstəmər rɪˈleɪʃənˌʃɪp/
"customer relationship" picture

Noun

1.

the way in which a business interacts with its customers to improve the customer experience and build loyalty

Example:
Good customer relationship management is crucial for business success.
The company invests heavily in building strong customer relationships.
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