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CRM - Customer Relationship Management

CRM - Customer Relationship Management

Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback.

A customer support is a range of customer services to assist customers in making cost effective and correct use of a product. It includes assistance in planning, installation, training, trouble shooting, maintenance, upgrading, and disposal of a product. These services even may be done at customer's side where he/she uses the product or service. In this case it is called "at home customer services" or "at home customer support."

Regarding technology, products such as mobile phones, televisions, computers, software products or other electronic or mechanical goods, it is termed technical support.

Customer service may be provided by a person (e.g., sales and service representative), or by automated means, such as kiosks, Internet sites, and apps.

CRM (Customer Relationship Management) is an approach to manage a company's interaction with current and potential customers. It uses data analysis about customers' history with a company to improve business relationships with customers, specifically focusing on customer retention and ultimately driving sales growth.

One important aspect of the CRM approach is the systems of CRM that compile data from a range of different communication channels, including a company's website, telephone, email, live chat, marketing materials and more recently, social media. Through the CRM approach and the systems used to facilitate it, businesses learn more about their target audiences and how to best cater to their needs.

CRM helps users focus on their organization’s relationships with individual people including customers, service users, colleagues, or suppliers.

When people talk about customer relationship management system, they might mean any of three things:

  • CRM as Technology: This is a technology product, often in the cloud, that teams use to record, report and analyse interactions between the company and users. This is also called a CRM system or solution.
  • CRM as a Strategy: This is a business’ philosophy about how relationships with customers and potential customers should be managed. 
  • CRM as a Process: Think of this as a system a business adopts to nurture and manage those relationships.




The most popular products in category CRM - Customer Relationship Management All category products

Microsoft DYNAMICS CRM
14
7
SAP CRM
SAP
19
13
Avaya Aura® Call Center Elite
20
8
Oracle Siebel CRM
18
3
amoCRM
16
8
Salesforce Sales Cloud
11
9
Salesforce Service Cloud
17
7
Salesforce Marketing Cloud
17
18
Salesforce Platform
12
9
Salesforce Commerce Cloud
11
8
Microsoft Dynamics 365
19
0
NetSuite
13
2

Compare of products in the category CRM - Customer Relationship Management

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Compare: CRM

Characteristics

Collaborative CRM

Website Integration

Cloud-based

Mobile Version

Customer Service

Contact Center

Sales Management

Email Marketing

Contact Management

Lead Segmentation and Automated Nurture

Campaign Tracking

Task Management

Task Prioritization

Workflow Automation

Role Permission

Web Activity Tracking

Sales Forecasting

Sales Pipeline

Sales Metrics

Customers Document Flow

VoIP

Social Media Integration

SMS Marketing

Invoices

Quotes Creating

Marketing Calendar

Image Library

Chat

Polls

Scheduled Emailing

Email Templates

Email Newsletters

Microsoft Office 365 Integration

Google Ads Integration

GMail Integration

Oracle Integration

SAP Integration

A/B Testing

Reports

Real-time Sales Alerts

User Forums

Two-factor Authentication

Single Sign-On Support

Auto Spam Checking

IoT Connection

Sales Gamification

Trial (days)

  • API
  • API
  • Web forms
  • API
  • Landing
  • API
  • Web forms
  • Web forms
  • Landing
  • API
  • Web forms
  • Landing
  • API
  • API
  • Web forms
  • Landing
  • Web forms
  • Landing
  • API
  • Web forms
  • Landing
  • API
  • API
  • API
  • Web forms
  • API
  • API
  • Web forms
  • Landing
  • API
  • API
  • Web forms
  • Landing
  • API
  • Web forms
  • Landing
  • API
  • Web forms
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  • Outlook
  • Outlook
  • Excel
  • Outlook
  • Excel
  • Outlook
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  • Outlook
  • Excel
  • Outlook
  • Outlook
  • Outlook
  • Outlook
  • Excel
  • Outlook
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  • Outlook
  • Word
  • N/A
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  • Outlook
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30
60
30
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Suppliers CRM - Customer Relationship Management

Softprom (supplier)
ARM...
  • ARM
  • AUT
  • GEO
  • KAZ
  • MDA
  • UKR
IBA Group
ARE...
  • ARE
  • BGR
  • CZE
  • DEU
  • GEO
  • HRV
  • KAZ
  • LTU
  • POL
  • SVK
  • UKR
  • USA
  • ZAF
  • SRB
RBC Group
AZE...
  • AZE
  • GBR
  • GEO
  • KAZ
  • MDA
  • TJK
  • UKR
Avaya
ARG...
  • ARG
  • GBR
  • SAU
  • SGP
  • USA
AgiliWay
POL...
  • POL
  • UKR
  • USA
Digia
DEU...
  • DEU
  • FIN
  • NOR
  • SWE
  • USA
Oro
DEU...
  • DEU
  • FRA
  • UKR
  • USA
LineUp
ARE...
  • ARE
  • BEL
  • DEU
  • EST
  • FRA
  • POL
  • UKR
  • USA
GNS
GBR...
  • GBR
  • NOR
  • POL
  • UKR

Vendors CRM - Customer Relationship Management

IBA Group
ARE...
  • ARE
  • BGR
  • CZE
  • DEU
  • GEO
  • HRV
  • KAZ
  • LTU
  • POL
  • SVK
  • UKR
  • USA
  • ZAF
  • SRB
RBC Group
AZE...
  • AZE
  • GBR
  • GEO
  • KAZ
  • MDA
  • TJK
  • UKR
Avaya
ARG...
  • ARG
  • GBR
  • SAU
  • SGP
  • USA
Gincore
KAZ...
  • KAZ
  • UKR
  • USA
Digia
DEU...
  • DEU
  • FIN
  • NOR
  • SWE
  • USA
Oro
DEU...
  • DEU
  • FRA
  • UKR
  • USA
LineUp
ARE...
  • ARE
  • BEL
  • DEU
  • EST
  • FRA
  • POL
  • UKR
  • USA
GNS
GBR...
  • GBR
  • NOR
  • POL
  • UKR
noCRM.io
ARG...
  • ARG
  • DEU
  • FRA
  • ITA
  • PRT
  • USA

F.A.Q. about CRM - Customer Relationship Management

Why is CRM important?

CRM management system enables a business to deepen its relationships with customers, service users, colleagues, partners and suppliers.

Forging good relationships and keeping track of prospects and customers is crucial for customer acquisition and retention, which is at the heart of a CRM’s function. You can see everything in one place — a simple, customizable dashboard that can tell you a customer’s previous history with you, the status of their orders, any outstanding customer service issues, and more.

Gartner predicts that by 2021, CRM technology will be the single largest revenue area of spending in enterprise software. If your business is going to last, you know that you need a strategy for the future. For forward-thinking businesses, CRM is the framework for that strategy.

What are the benefits of CRM?

By collecting and organising data about customer interactions, making it accessible and actionable for all, and facilitating analysis of that data, CRM offers many benefits and advantages.
The benefits and advantages of CRM include:

  • Enhanced contact management
  • Cross-team collaboration
  • Heightened productivity
  • Empowered sales management
  • Accurate sales forecasting
  • Reliable reporting
  • Improved sales metrics
  • Increased customer satisfaction and retention
  • Boosted marketing ROI
  • Enriched products and services

What are the key features of most popular CRM software programs?

While many CRM solutions differ in their specific value propositions — depending on your business size, priority function, or industry type — they usually share some core features. These, in fact, are the foundation of any top CRM software, without which you might end up using an inferior app or an over-rated address book. So, let’s discuss the key features you need to look for when figuring out the best CRM software for your business.

 

  • Contact management. The best CRM solutions aren’t just an address book that only organizes contact details. It manages customer data in a centralized place and gives you a 360-degree view of your customers. You should be able to organize customers’ personal information, demographics, interactions, and transactions in ways that are meaningful to your goals or processes. Moreover, a good contact management feature lets you personalize your outreach campaign. By collecting personal, social, and purchase data, it will help you to segment target audience groups in different ways.
  • Reporting and dashboards. These features of customer relationship management allow you to use analytics to interpret customer data. Reporting is very useful if you want to consolidate disparate data and churn out insights in different visualizations. This lets you make better decisions or proactively deal with market trends and customer behavioral patterns. The more visual widgets a CRM software has, the better you can present reports. Furthermore, a best customer relationship management software will generate real-time data, making reporting more accurate and timely. Reporting also keeps you tab on sales opportunities like upsell, resell, and cross-sell, especially when integrated with e-commerce platforms.
  • Lead management. These features let you manage leads all the way to win-loss stage. They pave a clear path to conversion, so you can quickly assess how the business is performing. One of the main three legs that comprises the best client relationship management software (the other two being contact management and reporting), lead management unburdens the sales team from follow-ups, tracking, and repetitive tasks.
  • Deals and tasks. Deals and tasks are closely associated with leads. Deals are leads at the negotiation stage, so it’s critical to keep a close eye on their associated tasks for a higher chance of conversion.
    CRM software tools should also let you track both deals and tasks in their respective windows or across the sales stages. Whether you’re viewing a contact or analyzing the sales pipeline, you should be able to immediately check the deal’s tasks and details. Deals and tasks should also have user permissions to protect leaks of sensitive data. Similarly, alerts are critical to tasks so deadlines are met. Notifications are usually sent via email or prominently displayed on the user’s dashboard.
  • Campaign management. Solid CRM software will integrate this feature to enable marketing processes from outreach concept to A/B testing to deployment and to post analysis. This will allow you to sort campaigns to target segments in your contacts and define deployment strategies. You will also be able to define metrics for various channels, then plow back the insights generated by post-campaign analytics into planning more campaigns.
    Recurring outreach efforts can also be automated. For instance, you can set to instantly appropriate content to contacts based on their interest or send tiered autoresponders based on campaign feedback.
  • Email management. By integrating with popular email clients like Gmail and Outlook, CRM solutions can capture email messages and sort important details that can be saved in contacts or synced with leads. They can also track activities like opened emails, forwarded emails, clicked links, and downloaded files. Emails can also be qualified for prospecting.
  • Social media management. Popular CRM systems feature an integrated social media management where you can view different social media pages from the CRM’s interface. This is a convenient way to post, reply on, and manage all your pages. Likewise, this feature gives you a better perspective on how customers are interacting with your brand. A glean of their likes and dislikes, interests, shares, and public conversations helps you to assess customer biases and preferences. Customers are also increasingly using social media to contact companies; hence, a good CRM should alert you for brand mentions.
  • Mobile access. With more users accessing apps via mobile devices, many vendors have been prioritizing mobile-first platforms. Emergence Capital Partners study found over 300 mobile-first apps so far and CRM is definitely one their targets. Many CRM solutions have both Android and iOS apps. Mobile access works in two ways to be highly appreciated: accessing data and inputting data while on location. Field sales with the latest sales information on hand may be able to interest prospects better. Conversely, sales reps can quickly update deals across the pipeline even as they come off a client meeting.