Optimizing Sales and Customer Service Through CRM
Customer Relationship Management (CRM) is an approach that integrates strategy, technology, and processes to manage and analyze customer interactions and data throughout the customer lifecycle. The goal is to improve business relationships with customers, assist in customer retention, and drive sales growth. CRM systems help collect customer information from various channels or touchpoints between the customer and the company, such as the company website, phone, email, chat, social media, and more. Here are ways CRM is used in a sales context: 1. Prospect Research: CRM allows sellers to collect important information about potential buyers from various sources. With this data, sellers can understand potential buyers' needs, preferences, and interaction history, which helps in customizing sales approaches. 2. Interaction Tracking: With CRM, sellers can track all interactions with potential buyers, from phone calls, emails, to meeti...