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Customer relationship management (CRM) can be the single strongest weapon you have as a
manager to ensure that customers become and remain loyal. That’s right! CRM is the single
strongest weapon you have, even before your people. Sound like heresy? Let us explain what
we mean.
Great employees are, and always will be, the backbone of any business. But employee
performance can be enhanced or hampered by the strategy you set and by the tools that you
give employees to get the job done. Done right, CRM is both a strategy and a tool, a weapon, if
you will. In your hands, and in the hands of your employees, CRM comes to life, keeping you
and your team on course and able to anticipate the changing landscape of the marketplace.
With CRM, loyal customers aren’t a happy accident created when an exceptional customer
service representative, salesperson, or product developer intuits and responds to a customer's
need. Instead, you have at your fingertips the ultimate advantage—customer intelligence: data
turned into information, and information turned into customer-satisfying action.
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customers. The primary goal of CRM is to enhance customer satisfaction, streamline business
processes, and ultimately drive growth and profitability.
CRM can also be defined as an alignment of strategy, processes, and technology to manage
customers and all customer-facing departments and partners. CRM in short is about effectively
and profitably managing customer relationships throughout the entire lifecycle.
At its core, CRM involves the systematic collection, organization, and utilization of customer
data to improve relationships, optimize sales and marketing efforts, and deliver personalized
experiences. CRM systems and strategies encompass a wide range of activities and concepts.
“CRM is the core business strategy that integrates internal processes and functions, and
external networks, to create and deliver value to targeted customers at a profit. It is grounded
on high-quality customer-related data and enabled by information technology.
● CRM is a ‘ core business strategy ’ that aims to ‘create and deliver value to targeted
customers at a profit’. This clearly denotes that CRM is not just about IT.
● CRM ‘integrates internal processes and functions’. That is, it allows departments within
businesses to dissolve the silo walls that separate them.
● Access to ‘customer-related data’ allows selling, marketing, and service functions to be
aware of each other’s interactions with customers.
Furthermore, back-office functions such as operations and finance can learn from and
contribute to customer-related data. Access to customer-related data allows members of a
business’s ‘ external network ’ – suppliers, partners, distributors – to align their efforts with
those of the focal company. Underpinning this core business strategy is IT: software applications
and hardware.
1. Comprehensive- First, consider the word “comprehensive.” CRM does not belong just
to sales and marketing. It is not the sole responsibility of the customer service group.
Nor is it the brainchild of the information technology team. While any one of these areas
may be the internal champion for CRM in your organization, in point of fact, CRM must
be a way of doing business that touches all areas. When CRM is delegated to one area
of an organization, such as IT, customer relationships will suffer. Likewise, when an area
is left out of CRM planning, the organization puts at risk the very customer relationships
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it seeks to maintain.
We can also consider this from a department or area level just as a larger organization
has strategies for shareholder management, marketing, etc. Each strategy must support
managing customer relationships. Thus CRM is strategic.
To realize this, one can make a list of key strategies, to brief your area of responsibility.
Then write down the organizational approach towards customers. Compare the CRM
strategies with other strategies. They should support each other. External customers
are those outside the organization who buy goods and services the organization sells.
Internal customers are a way of defining another group in some organization whose
work depends upon the work of your group. Therefore, they are your customers. It is
your responsibility to provide what they need so that they can do their job properly.
Consider the success of Amazon.com. Both of us are frequent customers and neither of
us has ever spoken to a human being during one of our service interactions. Yet, we each
have a sense of relationship with Amazon. Why? Because the CRM tools that support
Amazon’s customer relationship strategy allow Amazon to:
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● Add value to customer transactions by identifying related items with their “customers
who bought this book also bought” feature, in much the same way that a retail clerk
might suggest related items to complete a sale.
● Reinforce a sense of relationship by recognizing repeat shoppers and targeting them
with thank you’s ranging from thermal coffee cups to one-cent stamps to ease the
transition to new postal rates.
In short, customers want to do business with organizations that understand what they
want and need. Wherever you are in your organization, CRM is about managing
relationships more effectively so you can drive down costs while at the same time
increasing the viability of your product and service offerings.
● CRM is an information industry term for methodologies, software, and usually Internet
capabilities that help an enterprise manage customer relationships in an organized way.
● CRM is the process of managing all aspects of interaction a company has with its
customers, including prospecting, sales, and service. CRM applications attempt to
provide insight into and improve the company/customer relationship by combining all
these views of customer interaction into one picture.
● CRM is an integrated information system that is used to plan, schedule, and control the
pre-sales and post-sales activities in an organization. CRM embraces all aspects of
dealing with prospects and customers, including the call center, sales force, marketing,
technical support, and field service. The primary goal of CRM is to improve long-term
growth and profitability through a better understanding of customer behavior. CRM aims
to provide more effective feedback and improved integration to better gauge the return
on investment (ROI) in these areas.
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● CRM is a business strategy that maximizes profitability, revenue, and customer
satisfaction by organizing around customer segments, fostering behavior that satisfies
customers, and implementing customer-centric processes.
Components of CRM
Information technology (IT) companies have tended to use the term CRM to describe the
software applications that automate the marketing, selling, and service functions of
businesses. This equates CRM with technology.
Table 1
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Figure 1
1. Strategic CRM
In a customer-centric culture, you would expect resources to be allocated where they would
best enhance customer value, reward systems to promote employee behaviors that enhance
customer satisfaction and retention, and customer information to be collected, shared, and
applied across the business. You would also expect to find the heroes of the business to be
those who deliver outstanding value or service to customers.
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● Product Oriented-
Product-oriented businesses believe that customers choose products with the best
quality, performance, design, or features. These are often highly innovative and
entrepreneurial firms. Many new business start-ups are product-oriented. In these firms,
it is common for the customer’s voice to be missing when important marketing, selling,
or service decisions are made. Little or no customer research is conducted. Management
makes assumptions about what customers want.
The outcome is that sometimes products are overspecified or over-engineered for the
requirements of the market, and therefore too costly for many customers. However,
marketers have identified a subset of relatively price-insensitive customers whom they
dub‘ innovators ’, who are likely to respond positively to company claims about product
excellence. Unfortunately, this is a relatively small segment, no more than 2.5 percent of
the potential market.
● Production-oriented -
Production-oriented businesses believe that customers choose low price products.
Consequently, these businesses strive to keep operating costs low and develop low-cost
routes to market. This may well be appropriate in developing economies or in
subsistence segments of developed economies, but the majority of customers have
other requirements. Drivers of BMWs would not be attracted to the brand if they knew
that the company only sourced inputs such as braking systems from the lowest-cost
supplier.
● Sales Sales-oriented-
Sales-oriented businesses make the assumption that if they invest enough in advertising,
selling, public relations (PR), and sales promotion, customers will be persuaded to buy.
Very often, a sales orientation follows
a production orientation. The company produces low-cost products and then has to
promote them heavily to shift inventory.
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Many managers would argue that customer-centricity must be right for all companies. However,
at different stages of market or economic development, other orientations may have stronger
appeal.
2. Operational CRM
a. Marketing automation
Marketing automation (MA) applies technology to marketing processes.
➢ Customer targeting for campaigning purposes is, in some cases, possible at the
level of the individual customer, enabling unique communications to be
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designed.
b. Sales-force automation
Sales-force automation (SFA) was the original form of operational CRM. SFA systems are
now widely adopted in business-to-business environments and are seen as a
competitive imperative’ that offers ‘competitive parity ’.
SFA applies technology to the management of a company’s selling activities. The selling
process can be decomposed into a number of stages, such as
➔ lead generation,
➔ lead qualification,
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➔ needs identification,
➔ development of specifications,
➔ proposal generation,
➔ proposal presentation,
➔ handling objections
➔ closing the sale.
SFA software can be configured so that it is modeled on the selling process of any
industry or organization.
Automation of selling activities is often linked to efforts to improve and standardize the
selling process. This involves the implementation of a sales methodology. Sales
methodologies allow sales team members and management to adopt a standardized
view of the sales cycle and a common language for discussion of sales issues.
➢ Account management enables users to keep track of the most important accounts &
prioritize them for customized sales & marketing operations. After the accounts have
been ranked, the salesforce marketing cloud may be used to successfully target
high-ranking customers.
➢ Opportunity management lets users identify and progress opportunities to sell from
lead status through to closure and beyond, into after-sales support. Opportunity
management software usually contains-
○ lead management and
○ sales forecasting applications.
➢ Lead management applications enable users to qualify leads and assign them to the
appropriate salesperson.
➢ Contact management lets users manage their communications program with customers.
Computerized customer records contain customer contact histories. Contact
management applications often have features such as automatic customer dialing, the
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salesperson’s personal calendar, and e-mail functionality.
➢ Quotation and proposal generation allows the salesperson to automate the production
of prices and proposals for customers. The salesperson enters details such as product
codes, volumes, customer name, and delivery requirements, and the software
automatically generates a priced quotation.
c. Service Automation
Service automation allows companies to manage their service operations, whether
delivered through call centers, contact centers, the web, or face-to-face. CRM software
enables companies to handle and coordinate their service-related inbound and
outbound communications across all channels.
➔ Call routing software can be used to direct inbound calls to the most appropriate
handler. Technologies such as interactive voice response (IVR) enable customers
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to interact with company computers. Customers can input to an IVR system after
listening to menu instructions either by telephone keypad (key 1 for option A, key
2 for option B) or by voice. If first-contact problem resolution is not possible, the
service process may then involve authorizing a return of goods, and a repair cycle
involving a third-party service provider. This process is used to service mobile
phones and cameras.
➔ Service automation for large capital equipment is quite different. This normally
involves diagnostic and corrective action to be taken in the field, at the location
of the equipment. Examples of this type of service include industrial air
conditioning and refrigeration. In these cases, service automation may involve
providing the service technician with diagnostics, repair manuals, inventory
management, and job information on a laptop. This information is then
synchronized at regular intervals to update the central CRM system.
3. Analytical CRM
These internal data can be added data from external sources: geodemographic and lifestyle data
from business intelligence organizations, for example.
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With the application of data mining tools, a company can then interrogate these data.
Intelligent interrogation provides answers to questions such as:
● Who are our most valuable customers?
● Which customers have the highest propensity to switch to competitors?
● Which customers would be most likely to respond to a particular offer?
Analytical CRM has become an essential part of many CRM implementations. Operational CRM
struggles to reach full effectiveness without analytical information about customers. For
example, an understanding of customer value or propensities to buy underpins many
operational CRM decisions, such as:
● Which customers shall we target with this offer?
● What is the relative priority of customers waiting in the line, and what level of service
should be offered?
● Where should I focus my sales effort?
Analytical CRM can lead companies to decide that selling approaches should differ between
customer groups.
● Higher potential value customers may be offered face-to-face selling;
● Lower-value customers may be contacted by telesales.
Furthermore, the content and style of customer communications can be tailored, perhaps for a
particular segment, using customer analytics. This enhances the probability that a given offer
will be accepted by the customer.
From the customer’s point of view, analytical CRM can deliver timely, customized, solutions to
the customer’s problems, thereby enhancing customer satisfaction.
From the company’s point of view, analytical CRM offers the prospect of more powerful
cross-selling and up-selling programs, and more effective customer retention and customer
acquisition programs.
4. Collaborative CRM
Collaborative CRM is the term used to describe the strategic and tactical alignment of
normally separate enterprises in the supply chain for the more profitable identification,
attraction, retention, and development of customers.
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For example, manufacturers of consumer goods and retailers can align their people, processes,
and technologies to serve shoppers more efficiently and effectively. They employ practices such
as
● co-marketing,
● category management,
● collaborative forecasting,
● joint new product development, and
● joint market research.
Collaborative CRM uses CRM technologies to communicate and transact across organizational
boundaries. Although traditional technologies such as surface mail, air mail, telephone, and fax
enable this to happen, the term is usually applied to more recent technologies such as
These technologies allow data and voice communication between companies and their business
partners or customers. Collaborative CRM enables separate organizations to align their efforts
to service customers more effectively. It allows valuable information to be shared along the
supply chain.
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can deliver tailored interactions, relevant offers, and efficient support, thereby enhancing
overall customer satisfaction.
3. Improved Customer Retention and Loyalty: Through effective CRM strategies, businesses can
foster customer loyalty and retention. By understanding customer needs and delivering
value-added services, companies can reduce churn rates and encourage repeat business.
5. Streamlined Sales and Marketing Processes: CRM systems help optimize sales and marketing
efforts by automating tasks, segmenting customers, and targeting campaigns. This leads to
more efficient lead management, better conversion rates, and a higher return on marketing
investments.
6. Data-Driven Decision Making: Utilizing CRM data and analytics allows businesses to make
informed decisions. By analyzing customer trends, behaviors, and preferences, companies can
tailor their strategies and allocate resources more effectively.
8. Efficient Customer Service and Issue Resolution: With CRM systems, businesses can manage
customer inquiries and issues more efficiently. Timely and effective support leads to higher
customer satisfaction, brand loyalty, and positive word-of-mouth.
9. Optimized Marketing Campaigns: By leveraging CRM data, companies can design and
execute targeted marketing campaigns that resonate with specific customer segments. This
results in improved campaign effectiveness and a higher return on marketing investments.
10. Long-Term Business Growth: Ultimately, the goal of CRM is to contribute to long-term
business growth and success. By building strong customer relationships, increasing customer
lifetime value, and expanding market share, companies can achieve sustainable profitability and
competitiveness.
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Kristin Anderson's perspective highlights the customer-centric nature of CRM and its role in
fostering meaningful, mutually beneficial relationships between businesses and their
customers. These goals underscore the importance of understanding and meeting customer
needs to drive business success.
Scope of CRM:
The scope of Customer Relationship Management (CRM) encompasses a wide range of activities
and functions aimed at managing and optimizing interactions with customers throughout the
entire customer lifecycle. It involves both strategic and operational aspects of business and
extends across various departments within an organization. The scope of CRM includes
2. Sales Management: Managing the sales process from lead generation to closing deals.
CRM systems help track leads, opportunities, and sales activities, enabling sales teams to
effectively manage their pipelines and improve conversion rates.
4. Customer Service and Support: Providing efficient and effective customer support
through various channels such as phone, email, chat, and social media. CRM systems
enable support teams to access customer information and histories to deliver better
assistance.
5. Analytics and Reporting: Analyzing customer data to derive insights and make informed
business decisions. CRM systems generate reports and dashboards that provide visibility
into key performance metrics, sales trends, customer behaviors, and more.
6. Automation and Workflow Management: Automating routine tasks, workflows, and
processes to increase efficiency and reduce manual efforts. This includes automating
lead assignments, follow-up emails, and reminders.
7. Communication Management: Managing and tracking interactions with customers
across multiple communication channels, ensuring consistent messaging and
personalized communication.
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8. Customer Loyalty and Retention: Implementing strategies to enhance customer loyalty
and retention. CRM systems help identify high-value customers, monitor customer
satisfaction, and implement loyalty programs.
9. Integration with Other Systems: Integrating CRM with other business systems such as
ERP (Enterprise Resource Planning) and marketing automation tools for seamless data
sharing and enhanced operational efficiency.
10. Social Media Integration: Monitoring and engaging with customers on social media
platforms to address concerns, gather feedback, and enhance brand reputation.
11. Mobile CRM: Extending CRM capabilities to mobile devices, allowing sales and service
teams to access and update customer information while on the go.
12. E-commerce Integration: Integrating CRM with e-commerce platforms to track online
customer interactions, purchases, and behaviors for targeted marketing and
personalized experiences.
13. Feedback and Survey Management: Collecting customer feedback and conducting
surveys to gather insights and continuously improve products and services.
14. Training and Support: Providing training to employees on using the CRM system
effectively and offering ongoing support to address any issues or questions that arise.
15. Global CRM: Managing customer relationships on a global scale, considering cultural
differences, regional preferences, and language requirements.
In essence, the scope of CRM is vast and encompasses various strategies, technologies, and
processes aimed at optimizing customer interactions, enhancing customer satisfaction, and
ultimately driving business growth. It spans multiple departments and functions, requiring a
holistic approach to align the organization's efforts toward delivering superior customer
experiences.
Advantages of CRM:
Customer Relationship Management (CRM) offers numerous advantages for businesses looking
to improve their customer interactions, streamline processes, and enhance overall efficiency.
Here are some key advantages of implementing a CRM system:
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1. Improved Customer Relationships: CRM systems centralize customer information, allowing
businesses to better understand their customers' needs, preferences, and behaviors. This
knowledge enables personalized interactions and targeted marketing efforts, leading to
stronger relationships and increased customer loyalty.
2. Enhanced Customer Service: With access to comprehensive customer data, support teams
can provide more informed and efficient assistance. Quick access to customer history,
previous interactions, and preferences empowers support agents to resolve issues more
effectively, leading to higher customer satisfaction rates.
4. Sales Growth: By tracking leads, prospects, and sales opportunities, CRM systems help
sales teams prioritize their efforts and focus on high-potential leads. Automation features
can also streamline sales processes, reducing administrative tasks and increasing the time
available for actual selling.
5. Data Analysis and Reporting: CRM systems provide powerful analytical tools to track key
performance indicators (KPIs) and generate detailed reports. Businesses can gain insights
into sales trends, customer behaviors, and campaign effectiveness, allowing for data-driven
decision-making.
6. Personalized Marketing: With detailed customer profiles, businesses can create targeted
marketing campaigns based on customer preferences and behaviors. This personalization
increases the relevance of marketing messages, leading to higher engagement and
conversion rates.
7. Efficient Task Management: CRM systems often include task and activity tracking features
that help teams stay organized and manage their activities. This ensures that important
tasks are not overlooked and deadlines are met.
8. Automation: Many CRM systems offer automation capabilities that streamline repetitive
tasks, such as sending follow-up emails, assigning leads to sales representatives, and
updating customer records. This saves time and reduces the risk of human error.
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9. Improved Forecasting: CRM systems provide insights into sales pipelines and customer
buying patterns, which aids in more accurate sales forecasting. This information is crucial
for resource allocation and business planning.
10. Cross-Selling and Upselling: With a comprehensive view of customer history and
preferences, sales teams can identify opportunities for cross-selling and upselling. This can
increase the average transaction value and revenue per customer.
11. Centralized Data: CRM systems consolidate customer data into a single, accessible
repository. This eliminates the need for separate spreadsheets, email chains, and other
scattered sources of customer information, reducing the risk of data duplication and
inconsistencies.
12. Scalability: CRM systems are designed to accommodate growing businesses. As your
customer base expands, the CRM system can adapt to handle larger volumes of data and
interactions.
In summary, CRM systems offer businesses a range of advantages, including improved customer
relationships, enhanced customer service, increased sales efficiency, and better data-driven
decision-making. By leveraging the power of technology to manage customer interactions,
companies can foster long-term customer loyalty and drive overall growth.
Disadvantages of CRM
While Customer Relationship Management (CRM) systems offer numerous benefits to
businesses, they also come with certain disadvantages and challenges. It's important to be
aware of these potential drawbacks before implementing a CRM system. Here are some
disadvantages of CRM:
2. Cost: CRM systems can be expensive to purchase, implement, and maintain. Licensing fees,
software customization, training, and ongoing technical support can contribute to the overall
cost of ownership.
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3. User Adoption Challenges: Employees may resist using the CRM system due to a learning
curve or concerns about change. If users do not adopt the system fully, the intended benefits
may not be realized.
4. Data Quality Issues: CRM systems rely on accurate and up-to-date data. If data is entered
incorrectly or becomes outdated, it can lead to inaccurate reporting, ineffective marketing
efforts, and poor decision-making.
5. Integration Complexities: Integrating a CRM system with existing software, databases, and
processes can be challenging. Incompatible systems and data synchronization issues can hinder
the seamless flow of information.
6. Overemphasis on Technology: Relying too heavily on the CRM system and neglecting human
relationships and customer service can lead to impersonal interactions and negatively impact
customer satisfaction.
7. Privacy and Security Concerns: Handling sensitive customer data within a CRM system
requires robust security measures to prevent unauthorized access and data breaches. Failing to
address these concerns can lead to legal and reputational issues.
8. Maintenance and Upgrades: CRM systems require ongoing maintenance, updates, and
upgrades. Failure to keep the system up-to-date can result in compatibility issues and
vulnerabilities.
10. Lack of Flexibility: Some CRM systems might lack the flexibility to adapt to changing
business needs and processes, resulting in limitations when trying to implement new strategies.
11. Dependence on Vendor: Businesses become dependent on the CRM software vendor for
support, updates, and improvements. If the vendor faces financial troubles or discontinues the
product, it can disrupt business operations.
12. Training Requirements: Proper training is essential for effective CRM usage. Inadequate
training can lead to mistakes, reduced productivity, and underutilization of the system's
capabilities.
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13. Cultural Shifts: Implementing a CRM system can require a cultural shift in how employees
interact with customers and manage data. Overcoming resistance to these changes can be a
challenge.
It's important for businesses to thoroughly assess their needs, budget, and readiness before
adopting a CRM system. Addressing these potential disadvantages through proper planning,
training, and ongoing management can help mitigate their impact and ensure successful CRM
implementation.
Customer Touchpoint
Customer Touchpoints in CRM (Customer Relationship Management) refers to the various
interactions and points of contact between a business and its customers throughout the
customer journey. These interactions can occur across multiple channels and platforms, both
online and offline, and are crucial for building and maintaining strong customer relationships.
Before a purchase happens, each interaction with a brand during a customer journey is called a
touchpoint.
Customer journey map with touchpoints, including search, reading reviews, live chat, trial
subscription, email reminder, and purchase.
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Touchpoints are important to monitor because they reveal the kinds of decisions customers
are making during their customer journey to purchase your product or service. Touchpoints
occur when a customer engages with your website or mobile app. But they also include
customer interactions on all media channels before a customer discovers your website.
This reading explains how to classify touchpoints for media channels, and how to use these
touchpoints to learn more about your customers.
2. Social Media
● Social Media Posts- Engaging with customers through posts, updates, and content
sharing on platforms like Facebook, Twitter, Instagram, etc.
● Comments and Messages- Responding to customer comments, mentions, and direct
messages.
3. Email Communication
● Newsletters- Send informative and promotional emails to keep customers informed
about products, offers, and news.
● Transactional Emails- Confirmations, order updates, and receipts sent via email.
4. Phone Calls
● Customer Service Calls- Handling inquiries, complaints, and support requests over the
phone.
● Outbound Sales Calls- Initiating sales conversations and follow-ups.
5. In-Person Interactions
● Retail Store Visits- Interactions in physical stores, including browsing, assistance, and
purchasing.
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● Events and Conferences- Engaging with customers at trade shows, conferences, and
other events.
6. Mobile Apps
● App Usage- Interacting with customers through a mobile app, including making
purchases, accessing account information, and receiving notifications.
Each touchpoint provides an opportunity for businesses to gather insights, address customer
needs, and deliver a personalized experience. The effectiveness of CRM relies on efficiently
managing and leveraging these touch points to foster positive customer relationships.
While a textual representation is provided here, creating visual diagrams can be accomplished
using various diagramming tools, which can better illustrate the connections and interactions
between different touch points in a visual format.
The marketing funnel is a model that illustrates the customer journey from awareness to
conversion. It encompasses different stages, each representing a phase of the customer's
decision-making process. CRM systems help businesses understand where customers are in the
funnel and tailor their interactions accordingly.
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Use of Customer Touchpoint in Marketing Funnel:
Customer touch points and the marketing funnel are essential concepts within the framework
of Customer Relationship Management (CRM). CRM involves managing and optimizing
customer interactions to build strong relationships and enhance business performance. Let's
explore how customer touch points and the marketing funnel are connected within the context
of CRM, along with examples:
Examples of customer touch points at different stages of the marketing funnel:
● Awareness Stage: Social media posts, online ads, influencer endorsements, blog posts,
and public relations efforts.
● Interest Stage: Website visits, blog reading, video views, social media engagement, and
email subscriptions.
● Consideration Stage: Comparison charts, product demos, webinars, case studies, and
customer testimonials.
● Intent Stage: Live chat support, personalized email offers, retargeting ads, and free
trials.
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● Purchase Stage: Checkout process, order confirmation emails, and payment processing.
3. Consistent Messaging: CRM systems help ensure that messaging and branding are
consistent across all touchpoints. Consistency in communication reinforces the brand's
identity and builds trust with customers.
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6. Streamlined Customer Service: When customer service representatives have access to
data from various touchpoints, they can provide more efficient and informed support.
This leads to quicker issue resolution and higher customer satisfaction.
7. Customer Retention: Effective management of customer touchpoints can contribute to
higher customer retention rates. By providing consistent and positive experiences,
businesses can reduce churn and keep customers coming back.
9. Cost Efficiency: Understanding which touchpoints are most effective and which may
need improvement can lead to cost savings. Businesses can allocate resources more
efficiently by focusing on the most impactful touchpoints.
12. Feedback Collection: Customer touchpoints are valuable for collecting feedback.
Businesses can use feedback to make improvements, address issues, and show
customers that their opinions are valued.
In summary, effectively managing and leveraging customer touchpoints in CRM can lead to a
range of benefits, including improved customer understanding, engagement, and satisfaction,
as well as more efficient marketing and customer service efforts. It ultimately contributes to
stronger customer relationships and business growth.
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