EMAIL SUBSCRIBERS
32,000
COUNTRIES READ IN
90+
HOURS RESEARCHED
13+
Verified
VERIFIED BY EXPERTS
All About CRM
|
20 min read

What Is CRM And How Does It Benefit Your Business?

Post by
Yash Shah

You might have often come across the term Customer Relationship Management, but are you familiar with what it actually means and how can you adapt it for your business?
Do you wonder why businesses choose CRM systems?
Are you looking for ways to implement CRM systems for your agency?

If you are stuck in a dilemma, let us dissect the nitty-gritty of CRM and make it easier for your agency to adopt it.

What does CRM mean?

crm meaning

CRM in simple terms is maintaining meaningful information about your past, current and prospective customers. It includes information like their contact details, names, your past conversations with them, etc.

It is a system that brings together your sales, marketing and customer service processes together enabling you to streamline them and stay on top of things.

Why Do You Need CRM?

benefits of crm

Have you often been stuck in a clutter while trying to access customer information and interaction data?

  • Are you worried if all the leads from your sales pipeline are being followed up?
  • Do you have an easily accessible way to track and view all sales activities?
  • Do you have a track of lost leads?

If you have encountered any/all of these problems, you now know that customer relationships has always been a crucial aspect for businesses.

CRM is probably the best way to manage and maintain customer relationships. CRM lets you have a structured system for all of your dealings with your customers. Using CRM software takes away the clutter of tedious tasks and enables you to manage your sales activities more effectively and efficiently.

How Does CRM Benefit Your Business?

how does crm benefit your business

Customer Relationship Management is crucial because:

  • Maintaining a good bond with your customers will lead to customer retention and will save you the effort of getting them on board again.
  • A good customer relationship will ensure customer satisfaction and hence, it will also result in brand loyalty.
  • Your brand will take up a space in the ‘top of the mind’ list of your consumers.

With a prolonged good relationship with your customers, they eventually become advocate of your brands. This practice results in your customers becoming marketers for your brands by word of mouth publicity.

CRM practices also lead to better efficiency for multiple teams. With a properly implemented CRM strategy, you wouldn’t have to rely on traditional forms of record maintenance and communication. It gets easier for teams to collaborate through automatically stored communication and stay on the same page.

Improved analytical data and reporting. Your systems should not be a reason for your inability to succeed. CRM lets you streamline your data and easy integration with tools and plugins, let you ditch the hassle and manage the data in a more efficient manner.

Implementing A CRM:

implementing a crm

If you want to make processes effective and generate better results, you should implement a CRM for your business by following the below mentioned process:

  • Create a CRM implementation team.
  • Work on a change management plan.
  • Forecast a CRM implementation budget.
  • Roll out your CRM with data migration, user training and testing.
  • Plan and initiate to launch your CRM live.

A successfully implemented CRM will surely pay off in the long run. You can try using the Customer Relationship Management softwares available out there for a long lasting relationship with your customers.

Book a Free Demo
One CRM to replace them all
Get Clientjoy Free Forever
The Agency Advocate
Listen to The Agency Show

Through the Agency Show, we at Clientjoy aim o bring Agency Experts doing 7+ Figures to a common platfrom.

Learn MoreLearn More

About Author

Yash Shah
Co-founder & Chief Executive
Facebook

Yash did Mechanical Engineering and worked as an Investment Banker before founding a Tech Agency that grew to 55 people team offering SaaS, FinTech and E-Commerce Web & Mobile app Development. He currently serves as Chief Executive at Clientjoy - a platform that helps 13K+ Agencies & Freelancers in 90+ Countries acquire and retain happier clients.

About the Editor & Reviewer

Editor
Reviewer
One CRM to replace them all
Get Clientjoy Free Forever
Our Blog R&D Process

1: Current Trends Analysis
2: Problem Identification in Trends
3: Curation of available solutions
4: Tried Freeware & Paid Versions of the shortlisted solutions
5: Copy Editing Level 1 - Fact Check
6: Copy Editing Level 2 - Context Check
7: Copy Editing Level 3 - Content Quality Check
8: Publish
9: Collect Feedback & Improvise

Check the Team Behind it

Want to improve our R&D process, send us a note on teamgrowth@clientjoy.io

Subscribe to Grow your Agency
Over 32,000 Agency Owners and Freelancers from 90+ Countries have subscribed to this blog to learn how they can Run and Grow their Independent Business. You should too.