2. WHAT IS CRM?
Customer relationship management (CRM) is
an approach to managing a company’s
interaction with current and future customers.
It often involves using technology CRM is an
acronym for customer relationship
management also vaguely called a
customer management software or a client
management software. It is a software used to
manage a business’s interaction with its
customers CRM system handles all Customer
facing activities in a business from marketing
to sales to technical support and customer
services.
3. CRM ADVANTAGES
Keeps you organized
CRM System will keep you organized by bringing email, calendar and tasks at one place.
Centralized Database
A customer management software is a centralized database of all your leads, accounts
and contacts.
Decision Making
CRM data is very useful in making key decisions. It can track things like marketing
campaigns that are most profitable
Performance Matrix
A CRM can be used as a performance matrix for your sales agents and accounts
and help reward them as per their performance.
Universally Accessible
Unlike spreadsheets, notes and registers a good CRM system is universally accessible.
4. BENEFITS OF CRM IN A BUISNESS
Every member of your team will be able to see the exact point when your business
last communicated with a client
You will be able to see the complete history of your company’s interaction with a client.
A good CRM will also be integrated with your calendars and diaries, relating important
events or tasks with the relevant client
Perhaps this can be a guide to how to approach future customers, or give you a run
down of where things went wrong if interaction was unsuccessful.
CRMs can give you instant metrics on various aspects of your business automatically.
Some programmes can even generate reports for you. If you have a complete and
detailed CRM then you’ll be able to us this data to forecast and plan for the future.
It’s a place to store all of your clients’ information in one place, that’s easy to update
and share with the whole team. The best systems also save any updates
immediately.