Customer Relationship Management (CRM) Principles

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When it came the time to select the right Customer Relationshop Management (CRM)
for your business, it is important to understand all the benefits of an integrated CRM
system before starting the selection process.

CRM is more than just a product, CRM is a philosophy.

When your company decides to implement a CRM system, there are dramatic change related to customer commitment.

In CRM’s main philosophy, customer is the main focus. When your business is viewed from the perspective of customer transactions at every level, you do not have other choice except to deliver a better experience for customers – which in turn increase their loyalty to your company.

Customers can be anywhere: customer / client, marketers, sales person, employees, and partners.

The word "customer" used to be defined easily. Understanding of the "customer" has now expanded include internal employees, and partners.

CRM is more than just a relationship management

Many companies have successfully used some form of CRM system and those CRM
systems may initially seem not much different from one another.

However, the CRM’s ability is not just contact management. CRM
system contains more information about your customers. With CRM, marketers and sales persons have immediate access to all the information they need about the customer. Your sales persons can find more information other than contact information before they reach the customers, they can also evaluate the history of past sales, credit information and other financial data. They can even see the information about another company office and send a report to find out what you’ve orderedm the special price or previous agreements.

Overall, choose CRM if the marketers, sales person, and support department need  a complete and comprehensive picture and information of your customers to achieve success in their work. On the other hand, if your business only requires a glimpse information of its customers, and only has a low total cost of ownership, a contact management software may be a more appropriate choice.

Choice CRM solution that suit your needs

Some companies that sell CRM software might make you believe that you need to buy what they call the company’s solutions include all the functionality required by the largest global companies. But for small companies or medium, this may mean paying more than necessary. In fact, the price of these systems are often too high that could not be reached by small and medium companies.

Another benefit of CRM solutions designed for growing companies to medium-sized is that the solutions are more easily implemented and can be directly used. Larger companies may have the time and resources spent to customize the system and integrate with their company. However, medium-sized companies want a CRM solution that they can get and run with ease, speed, and low cost.

SugarCRM is the perfect solution for companies of all sizes from small companies, medium, or large. With the flexibility of SugarCRM owned, existing functionality can be customized to fit the needs of companies with a larger scale.

Reference: http://www.bagooes.com/crm/76-crmrules.html

 
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