11 December 2013

Explaining about CRM , Modules and Benefits?

Customer Relationship Management (CRM) :

  • The approach of identifying,establishing,maintaining and enhancing lasting relationships with customers i.e called " CRM ".
  • CRM helps on " ENterprise Manage CR " in an Organized way.
  • CRM is software,system and technology.
  • CRM is Data storage and Analysis.
  • CRM changed corporate culture from Transaction focus to a customer centric one.
  • CRM is " Managing Demand ".
  • CRM is a strategy cycle focusing on Customers.
In any CRM,consists of mainly 3 modules.
  1. Marketing
  2. Sales
  3. Services
 1.Marketing :
           - Provide awareness to customers with the help of different compaigns like Social networking,Hording,T.V,Print,Mobile and Internet etc.
           - End of the marketing process,Leads will get generated.
" Leads is nothing but interested person and an organization/company. "

2.Sales :
         - Sales people will receive a leads and contact to identify there interested in business.
Note : End of Sales process,all leads will be converted into opportunity,contact and account.

3.Services :
        - It will receive all customers Information and gather needs Queries/Issues/Problems.
        - Main objective of " Service Module " is to maintain good relationships with Customer to generate more business to same customer and attract more customers.

Benefits of CRM :
  • Growth in number of customers.
  • Maximization of opportunities.
  • Long-term profitability & sustainability.
  • Helps sales staff close deals faster.
  • Reduce Cost.
  • Increase customer satisfaction(Be'z they get exactly what they want).
  • Ensuring Customer focus.

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