Large Language Models in Retail CRM Systems: A Technical Evaluation of Improving Customer Support, Engagement, and Sales Strategies

Authors

  • Priya Ranjan Parida Universal Music Group, USA Author
  • Srinivasan Ramalingam Highbrow Technology Inc, USA Author
  • Jegatheeswari Perumalsamy Athene Annuity and Life company Author

Keywords:

large language models, retail CRM systems

Abstract

LLMs changed retail CRM. This extensive technical study reveals LLMs may boost retail CRM customer service, engagement, and sales. CRM enhances retail customer data management, support, and retention. Automate and personalize encounters using LLMs and robust NLP. LLM-CRM integration is evaluated throughout model training, fine-tuning, and retail deployment. Selecting and using LLMs of various dimensions involves comparing smaller, task-specific models' accuracy and responsiveness to larger, general-purpose models' contextual information. 

Retail CRM Automation of customer service Research LLM. CRM-linked LLMs may assist retailers resolve customer complaints using chatbots. Computer context, emotion, and NLP enable real-time CRM. Multilingual LLMs globalize retail CRMs. It enables large multilingual stores give consistent service. Retail CRM LLMs help ability. LLMs customize CRM recommendations and promotions to customer behavior using sentiment analysis and personalized content. Customization boosts customer happiness and brand loyalty. 

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Published

17-12-2024

How to Cite

Large Language Models in Retail CRM Systems: A Technical Evaluation of Improving Customer Support, Engagement, and Sales Strategies. (2024). Journal of Artificial Intelligence Research and Applications, 4(2), 85-130. https://jairajournal.org/index.php/publication/article/view/9