Its a era of competition so many more competitor are available here so CRM can play a vital role for increase business portfolio. It's a great way to build rapport and relationship.
2. What is CRM ?
CRM is a business strategy directed to understand,
anticipate and respond to the needs of an enterprise's
current and potential customers in order to grow the
relationship value.
4. The purpose of CRM
The focus of CRM is on creating value for the
customer and the company over the longer term.
When customers value the customer service that
they receive from suppliers, they are less likely to
look to alternative suppliers for their needs.
CRM enables organizations to gain ‘competitive
advantage’ over competitors that supply similar
products or services .
5. A successful CRM implementation with :
Properly trained Front Office staff
Proper data and good use of it
Proper workflow processes
Proper integration of Front Office and Back Office
Proper software to support the strategy
Full support of top management
A Successful CRM
6. Benefits of CRM
Quality and
efficiency
Decrease in
overall
costs
Customer
Attention
Increase
profitability
Decision
support
8. • Identifies best customers
• Holds all customerinformation
• Increasessalesefficiency
• Ensurescustomersatisfaction
9. • Overload of information
• Does not arrive with information already entered
• Lack of cultural preparation
10. • Ability to please customer
• Increase sales base
• Improve relationship with customer
11. • Loss of personal interaction
• Over automation
• Poor integration with back office systems
12. 1. 1. Marketing Automation
2. 2. Sales Automation
3. 3. Service and Service fulfillment
4. 4. Customer Self-Service
5. 5. E-Commerce
Five Views of CRM
13. Customer relationship management (CRM) is a widely
implemented strategy for managing a company’s interactions
with customers, clients and sales prospects.
Conclusion
14. “The first rule of any technology used in a
business is that automation applied to an efficient
operation will magnify the efficiency. The second
is that automation applied to an inefficient
operation will magnify the inefficiency.”
-Bill Gates