CRM commonly called as
customer Relationship management is a tool of tracking customer relations,
sales, marketing and the services that are provided for the customer to
generate their activities. This is an era of
market survey and there is a great hassle to enter the market as well as
the entry barriers are too low. There are happy customers who to well they do
sustain and there are unhappy to. The CRM is a technology that is also a work
flow process and helps to organize and
interpret data for supporting a company
in engagement of its customers more effectively. Both structured and
unstructured it supports the business activities of the customer and also
engages in data interpretation of the customer and management of the business proposals of the customers. There are different reasons for using CRM as
follows:-
·
CRM for sales and
marketing.
·
CRM for Business
Intelligence.
·
CRM for customer
Service Team.
·
CRM for Managing
contacts and Processes.
CRM FOR SALES AND MARKETING: Sales
administration is taking too much process. There is low prospect of managing
the compilation of data and low winded
quoting processes. There is also a problem of marketing strategies of
seeing the targeted mails and these emails getting converted to leads and these
leads in turn converting into sales. There is
no one to nurture the values of the targeted customers and their leads
to view how much is converted to sales as there is a barrier of follow ups for
the same.
CRM FOR BUSINESS INTELLIGENCE: Many
of the works are constantly been judged by guess work and gut feeling. There
is a problem in decision making of the
cash flow, product delivery and process requirements. Key performance
indicators are not measured properly and thus high achievers are always
remaining behind the zone.
CRM FOR CUSTOMER SERVICE TEAM:- Customer
rush is too high. These can easily miss out the important customer relationship
details following which follow ups and customer engagement is missed out. There
is a poor communication between the customer and the staff as a result when
important customers are called the key requirements of the customer
identification is missed out. Data are stored in different locations and these
scattered data cannot be possible to imply a full clear picture.
CRM FOR MANAGING CONTACTS AND PROCESSES:- The client data is not secure. Anyone can copy it
and paste it in spreadsheet. Team members are a mix and it becomes tough to
contact the right person at right time. Many processes are dependent on manual
intervention and so there is a knack of dependence for a small group of people
or an individual and the system fails on them being absent. When the
information are not remotely accessible then there is a problem to keep a track
on customer emergencies.