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Monday, 28 July 2014

What can your CRM do for you?

7/28/2014 03:26:00 pm

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Although, it can be part of your training, but have you ever questioned why you need to think before you use that excel database to keep track of the regular activities? CRM is often found to be matter of dismay when it comes to sales and marketing staff. All those professionals who think that the CRM is a complete waste of time and energy, then you must know why it is the other way round for companies. 

We will discuss some of the most essential pointers to understand it’s functioning in a better way – 

- Keeping track of the relations with the clients 

A Merkle Group Inc study claimed that more than 60% of the CRM projects are not able to fully realize its potential due to numerous reasons such as absence of buy-in at all the different levels into the importance of client insight. Many marketers opt for this investment without understanding how it will help beneficial for connecting with the clients. 

In 2013, Accenture stated that about 62% of the surveyed clients change their service clients moved to different service providers due to weak client service. 

So, realignment of the thinking is a good idea. 

- Creating a unified contextual client experience 

A Forrester research claims that 56% of the clients last year have researched products on a mobile device from their home, 36% did in store. It is a common phenomenon that the prospective customers are engaged or using more devices. More clients are coming in contact with a company’s brand in a different ways online such as social media platforms, email addresses, ads and in number of offline ways such as trade shows, event activations. 

An efficient CRM should be able to understand the clients’ digital body language. 

- Opting for quicker interactions with the clients 

The consistent growth of the social displays what people want in regard to the responsiveness in communication. Clients do not like to wait for service and the sales people do not like to wait for the lead volume. Automated segmentation in regard to the browse or buying behavior, demographic details, helps for better communication. 

A mobile CRM helps the sales rep on field to quickly access the client information, previous conversations, follow ups, etc. 

Always such as CRM should be selected that is able to address the requirements of the clients in an efficient manner. 

- Realizing the significance clients’ purchasing cycle 

The present age of the connected client has successfully made the buying journey little less standardized. Not all the time, a client follows the same buying trends and patterns. Personalizing the interactions with the clients helps in strengthening the responsiveness of the websites. 

Developing the engagement via understanding the requirements of the clients is an essential matter. 

- Offering data discipline framework within a firm 

A data discipline is able to bring clarity into the organization on how work should happen. Also, the competency levels get impacted by the discipline framework as good data is considered as the keystone for a company. 

It is a known fact that a properly implemented CRM tool will prove helpful for every company in every possible aspect. 

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