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Customer Relationship Management .pdf


Nom original: Customer Relationship Management.pdf
Auteur: Tipou

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Customer Relationship Management (CRM)
Customer relationship management (CRM) refers to the principles, practices
and guidelines that an organization follows when interacting with its customers. From
the organization's point of view, this entire relationship encompasses direct
interactions with customers, such as sales and service-related processes, and
forecasting and analysis of customer trends and behaviors. Ultimately, CRM serves to
enhance the customer's overall experience.
Elements of CRM range from a company's website and emails; to mass
mailings and telephone calls. Social media represents one way companies adapt to
trends that benefit their bottom line. The entire point of CRM is to build positive
experiences with customers to keep them coming back so a company creates a
growing base of returning customers. For this reason, many companies have worked
hard to increase their customer satisfaction levels. Although many people may work
behind the scenes at a company, it is primarily the personnel that interact directly with
customers that form customers' perceptions of the company as a whole
With the growth of the Internet and related technologies, customers are
concerned over the privacy and safety of their personal information. Therefore,
businesses need to ensure that the storage and analysis of their customer data has the
highest levels of protection against cyber criminals, identity theft and other breaches
of security.
Software
Special CRM software groups customer information in one place to give
businesses easy access to data, such as contact data, purchase history and any
previous contact with customer service representatives. This data helps employees
interact with clients, anticipate customer needs, recognize customer updates and track
performance goals when it comes to sales. CRM software's main purpose is to make
interactions more efficient and productive. Automated procedures within a CRM
module include sending a sales team marketing materials based on a customer's
selection of a product or service. Programs also assess a customer's needs to reduce
the time it takes to fulfill a request.


Wealthbox CRM

Wealthbox is an elegantly designed web and mobile CRM system for financial
advisors. The technology has a number of unique features like click-to-call and social
media monitoring, which sets it apart from many competing products in the market.
After a 30-day free trial, the service costs $35 per user per month with no long-term
commitment. Data is protected with high level of security to ensure that client data is
kept private and confidential.



Salesforce

Salesforce is a software-as-a-service pioneer that quickly became the world’s
largest online CRM provider. The platform offers a high level of maturity and
integrations with other marketing automation tools that advisors may employ in their
business. This CRM software also offers the use of artificial intelligence that can
analyze your data to make recommendations based on your individual business
processes.
Management
All of the computer software in the world to help with CRM means nothing
without proper management and decision-making from humans. Plus, the best
programs organize data in a way that humans can interpret readily and use to their
advantage. For successful CRM, companies must learn to discern useful information
and superfluous data, and weed out any duplicate and incomplete records that may
give employees inaccurate information about customers.
Client Relationship Manager
A client relationship manager is a key member of a sales management team.
The manager becomes a trusted client adviser, maximizing long-term revenue
opportunities for the company. A client relationship manager typically has a
bachelor’s degree in business, management or marketing. The manager also possesses
extensive experience in sales and customer service, as well as technical knowledge
relevant to the industry. A relationship manager is a professional who works to
improve a firm's relationships with both partner firms and customers


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Customer Relationship Management.pdf - page 2/2

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