What is your favorite CRM (Customer Relationship Management) solution and why?

Customer relationship management examples

Do you need a central list of all your customers at a single place? Do you have customers contacting you from different channels making it difficult to keep a check on the conversations? Is your Sales and Marketing teamu2019s productivity suffering because of sifting through excel sheets to find a customer? Want to make it easy to track all conversations with your customers?This is the precise point where the relevance of Customer Relationship Management comes to the fore.

For those of you who arenu2019t all that familiar with the concept of CRM, we got you!,CRM is a tool that helps businesses keep track of the interactions it has with its customers.

It is primarily used by the sales and marketing teams to streamline its activities effectively with potential and existing customers.

If youu2019re wondering what type of companies use CRM, we have answer for that as well.

To put it plainly, any business that wants to create a relationship with its customers can be benefited by CRM.

Now, to answer your question, there are more than a hundred CRM apps out there, claiming to be the best.

They are in every form and style, can be free or expensive, and can even track your clients or your deals with them or even the conversations.

,To better assist you in choosing the right CRM solution, we have prepared a detailed blogpost on it.

From the lot, you can easily decide which one is better for your requirements.

Just so you know, it is not wise to force a square peg in a round hole, just because itu2019s free or looks pretty.

Check out the blog by clicking the link below.

20+ Best CRM Software of 2021; Everything You Need To KnowWe hope this helps you in choosing whatu2019s best for your business.

CRM system meaning

CRM stands for Customer Relation Management.

Itu2019s a strategy for managing all your companys relationships and interactions with your customers.

It helps you improve your profitability.

,If your business is going to last, you know that you need a strategy for the future.

Youu2019ll already have targets relating to sales, business objectives and profitability.

But getting up-to-date, reliable information on your progress towards your goals can be tricky.

How do you translate the many streams of data coming in from sales teams, customer service staff, marketers and social media monitoring into useful business information?,Using a CRM system can give you a clear overview of your customers.

You can see everything in one place u2014 a simple, customizable dashboard that can tell you a customers previous history with you, the status of their orders, any outstanding customer service issues, and more.

CRM meaning marketing

CRM means Customer relationship management.

CRM is a tool which is used for managing customer relation with company.

It also helps in managing day to day business process of organizations.

CRM consists of many features and modules which are very useful and important for the seamless process of any organizations.

Some of the features are:,Contact Management,Lead Management,Workflow Automation,Personalized email templates,Automated Follow-ups and reminders

Customer relationship management definition by authors

Every business needs a robust CRM strategy and sales automation, no matter how big or small it is, and no matter what industry it operates in.

However, if thereu2019s an industry that can benefit from customer relationship management and sales automation even more than everyone else, itu2019s definitely SaaS businesses.

Thatu2019s why they need to take in all the information they can and make sure theyu2019re familiar with the concept.

,Without a doubt, thereu2019s plenty of information available out there on the internet.

For instance, you can easily gauge a lot of stuff from online blogs, websites and YouTube videos.

However, all that is only good when you already have the fundamental knowledge.

Blog posts and articles - are a great addition to your knowledge collection and they expand your range well.

However, itu2019s textbooks and manuals that provide you with the foundation for that expansion.

,Here are some of the best books on CRM and sales automation for SaaS businesses that Iu2019ve found to be helpful:,CRM at the Speed of Light, Fourth Edition: Social CRM 2.

0 Strategies, Tools, and Techniques for Engaging Your Customers by Paul Greenberg(Source: Amazon),Even though this book was released over a decade ago now, itu2019s still a good read for everyone interested in what CRM is and how it works.

Itu2019s essentially a textbook-style piece of writing that can educate you on the matter of customer relationship management and provide you with different tried and tested strategies, tools and techniques for engaging customers.

,Another thing that makes this book a particularly great fit for SaaS businesses is that it touches on the subject of social CRM - something so dear to all businesses in this sector.

,Cracking the Sales Management Code: The Secrets to Measuring and Managing Sales Performance by Jason Jordan(Source: Amazon),This book by Jason Jordan is exactly what you need if youu2019re interested in combining CRM with sales automation.

In the text, the author identifies five fundamental sales processes, and provides examples of actual tools and frameworks for sales managers to use.

,All of the information presented in this book is based on the extensive research of world-leading companies, and the authoru2019s personal experience and expertise in the world of sales.

,Do You CRM Me?: An Analytical Guide to Customer Relationship Management by Omer Lizotte(Source: Amazon),You know how to implement CRM, you know which software to use, you might even know where to look for tips and tricks to generate even more sales.

However, do you know how to analyse the reports your CRM returns?,Analysis of your CRM data is an integral part of your business success, thatu2019s why itu2019s not to be taken lightly.

In the book, Lizotte includes chapters on,setting up a data mart;,using ten key performance metrics to track your businessu2019s retention rate, customer lifetime value, customer satisfaction, and other important elements;,understanding predictive modeling and different types of analysis; and,translating your analysis into strategy.

,I hope you found your next read here.

If you want more information on CRM and sales automation, feel free to give me a follow.

Customer relationship Management PDF

Two ways-,1- Ask your Insurance Advisor to send pdf receipt or screenshot of premium received from his Customer Relationship Manager to your email id.

,2- Register yourself at LIC India website, pay/view/download premium and generate receipts or old payments.

,Thanks !