Category: CRM

 
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Don’t forget the importance of customer feedback

When it comes to running a successful business, you need to ensure that you are delivering a high quality product and service and that your customers are happy. Happy customers will return to you for business and will also recommend you to others, increasing your sales.
It is very easy to get carried away with different forms of marketing and forget to listen to what your customers are saying. You need to establish what it is they want from you and track your performance rates.
One way to do this is to send out questionnaires but these often get little response with people feeling they do not have the time to fill them in. giving them plenty of ways to leave reviews can help and social media has made this even more easy to do so. Always keep track of the feedback you receive as not all of it will be good, but that’s ok as you can use this to help improve the service you offer. If you have a disgruntled customer, be sure to thoroughly investigate what the issues are and whether you need to make any changes to avoid it happening again.

How can a CRM system help with marketing?

CRM stands for Customer Relationship Management and is essentially a system that businesses use to store information about previous, current and potential customers. A good CRM system is vital to the marketing of any business and the more you put into it the more you get out of it. There are varying degrees of CRM systems, from the ones that you just enter name, addresses and email/phone numbers to create a record to others that store information relating to previous purchases, can tell you balances on their account, even down to their interests and hobbies. A very small percentage of companies actually use their CRM systems to their full potential and this could be costing them in sales.

With a good CRM system and quality data, you can extract lists of specific groups of people to target. For example, if you own a car garage, you could extract data to show the people who bought a new car three years ago and contact them to ask them if they would like to change their vehicle now it is getting to the stage where it will be out of warranty.

CRM systems can allow highly targeted emails, telesales and mail outs which usually have a higher conversion rate.

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What is the use of a CRM system?

A CRM system is a customer relationship management system that allows businesses to manage and analyse customer interactions and data throughout the customer lifecycle. The idea of this is to help them improve business relationships with customers, assisting in customer retention and driving more sales and enquiries to the business.

There are a number of different CRM systems on the market and some businesses use their own methods rather than an off the shelf marketing systems. Also some businesses chose to have a bespoke system created to allow them to add in all the elements they want to. Some CRM systems are used only for marketing and keeps a record of each customer. Within this record there is usually contact details such as addresses, phone numbers and email addresses as well as previous sales and marketing preferences. Other CRMS systems are set to do a lot more, they can be integrated in to an invoking system to allow all invoices to be created and sent from the system. It is possible to include account details and even a payment gateway system.

Some systems are bought outright and others can be leased on a monthly basis, often charged per user.

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The cost of CRM systems

CRM systems vary a lot in costs mostly depending on what you want the system to be able to do. Some CRM systems are used just to store information about customers such as name, address, phone numbers but others also record previous products or services the customer has bought, interests and birthdays etc. Many CRM systems can also be linked in to an invoicing system or have an invoicing system built in to allow this al be linked to a single customer record. This means when you look up a customer you can see all their contact details, copies of invoices and balances outstanding etc. This can make it much easier to manage an account and offer your customer the most up to date in formation quickly.

Often systems are charged at an upfront cost and then additional amounts per month dependant on how many users you want and the functionality you want within the CRM system.

 

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What is a CRM system and how can it benefit your business?

A CRM system is a Customer Relationship Management System that often stores information about your current, previous and potential clients. This can be vital to not only the day to day running of your business but for future growth and analysis.

There are a wealth of CRM systems on the market, some of which can handle almost all of your customer interaction. Most systems will allow you to create a record for an individual or company and keep information such as contact details, previous purchases, areas of interest and copies of invoices etc. You can often chose a system that will give you analysis data based on the information you have entered, this can be a great marketing tool and allow you to see at a glance the strengths of certain products or trends within selected geographical locations.

If you have a company that may need to provide technical support, this can often be built in to a CRM system allowing customers to raise a support ticket. These tickets can then be responded to though the system and mos importantly be tracked should you need to refer back to an issue.

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Finding the Appropriate CRM System

CRM, or customer relationship management software, is one of the big benefits that the internet provides businesses. CRM is always intricately linked with a website, and it can help your business in a number of areas. Firstly, it helps you to manage your customers and future customers more efficiently, which can save you time and money; enough to eventually offset the costs of creating the system. Secondly, it can help with a website marketing strategy, which is necessary for every website to be successful on the internet; which is a highly competitive environment. What a good CRM system can do is combine all the areas of your customer management, from sales, to marketing, to technical support, and make everything work in a far more efficient manner. CRM isn’t appropriate for every e-commerce website; it’s all a matter of scale. For the massive websites on the internet, using a CRM system is an unavoidable expenditure, and can in the long run pay for itself. For smaller websites, this isn’t the case, and just managing the different parts through some variant of an administration system is probably the most suitable choice available.