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Wednesday, 9 July 2014

Why campaign management is considered as the backbone of a CRM?

7/09/2014 02:50:00 pm

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The ever changing economic conditions is causing demand contractions which is forcing the organizations to focus on a key aspect ie. CRM. It also leads to the questioning of some of the essential questions with a CRM such as

- Is it possible to bring on board more clients?

- Can the client acquisition rate be lowered?

- How far is it possible to lower the client servicing rate?

- What is the happiness quotient of the existing customers?

- Can we influence our current clients to purchase more?

When a business is facing tough times, businesses are often asked to opt for a CRM tool as it has the potential to provide quick results and higher rate of returns. It has been found that the top management views it as a shot in the arm whereas it brings major changes in the way the employees of an organization carries out his/her interactions with the clients and with his/her colleagues.

In many cases, these changes will comprise teaching and also offering proper coaching the employees and the clients to focus on the e-facilities apart from using it to interact with one another. It also promotes the concept of becoming more self-reliant and also moving away from the age old paper documents.

It is believed that the above mentioned list of habit needs to be changes when a CRM is bought on board. Many at times it has been found that people do not always welcome changes. In fact, implementing a CRM tool in an owner oriented business can be a tough job due to the following reasons –

- The old clients usually do not desire to change.

- Many consultants mainly in the IT field view CRM as modules consisting of client acquisition, services and also loyalty. They also plan their implementation process module by module.

It has been often found that most of the CRM tools that we see these days prevalent in different sectors such as retail shops, big departmental chains, banking sector players and insurance firms lack on some feature or other.

How campaign management can evolve the functioning of a CRM – 
It is a common thing among the companies to drive their business via different marketing initiatives. The adoption of a simple tool which comprises of campaign management can be the key to do effective business across different domains. Usually, a campaign management tool offers solutions to

- Create client and potential customers list or pool the existing enterprise clients whenever required for a campaign.

- Selecting clients and potential customers for the planned campaigns for the sector specific campaigns.

- Facilitating the sending of campaign messages irrespective of direct mail, email, etc.

- Allowing the client service to enjoy access to the relevant details about who has been mailed. And if it is a contact to the current clients and about their present products or subscriptions they are into, etc.

- Permitting the client service to capture important details for easy fulfillment of orders and it also help serve better.

- Allowing the client service to get in touch with the clients who have recently opted for buying.

- Facilitating the client service to carry out scheduled calls to every client on routine basis.

Businesses, mainly the small enterprises, are thriving in a difficult business atmosphere. They consistently need support from system to get more clients to enhance their profit margins.

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