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Why Business Needs Social CRM

<p>Customer Relationship Management &lpar;CRM&rpar; has always maintained that the &OpenCurlyQuote;customer is king’&period; However&comma; this approach has been extremely linear&comma; as it’s traditionally involved one-way communication between the company and consumer &lpar;<em>SocialMediaExaminer&period;com<&sol;em>&rpar;&period; CRM’s focus has largely been on demographics and transactions&comma; with the aim of selling a product to a passive&comma; segmented consumer&period; Social CRM &lpar;SCRM&rpar; takes it a step further&colon; the customer is still king&comma; but instead of just targeting and selling&comma; the consumer is not simply a customer but also a collaborator&period; According to <em>SocialMediaExaminer&period;com<&sol;em>&comma; Social CRM is an evolution of CRM that empowers consumers and turns them into advocates&period; This translates into strong brand loyalty and word-of-mouth within the consumer’s networks &lpar;both on and offline&rpar;&period;<br &sol;>&NewLine;Here’s what your business needs to know about SCRM&period;<br &sol;>&NewLine;<strong>SCRM isn’t only about social networks<&sol;strong><br &sol;>&NewLine;According to <em>JmorganMarketing&period;com<&sol;em>&comma; many companies are under the impression that successful SCRM means that they need to answer every single customer query on their Twitter stream&period; Although today’s digital consumers expect instant service&comma; realistically&comma; this just isn’t possible most of the time&period; <em>JmorganMarketing&period;com<&sol;em> states that consumer issues shouldn’t be about a lack of online customer support&semi; they should be about the actual product or service&period; If customers bring the same problems to your attention&comma; then something needs to be done – and fast&period;<br &sol;>&NewLine;Companies need to collaborate with consumers to find out what they want and need&comma; and how best they can improve a service&period; SCRM shouldn’t only be about trouble-shooting and crisis management&semi; it should also be about consumer engagement&period;<br &sol;>&NewLine;<strong>Consumers are savvy&colon; they’re part of wider networks<&sol;strong><br &sol;>&NewLine;Consumers no longer fall for old marketing ploys like direct mail or aggressive advertising&period; They’re able to research a product or service online&comma; without ever stepping into a shop or dealing with a pushy salesperson&period; Buying has become a very personal and multi-faceted experience&period; According to <em>SocialMediaExaminer&period;com<&sol;em>&comma; there are always three factors that help determine whether a consumer will buy a product or not&colon;<br &sol;>&NewLine;1&rpar;     Whether the brand&sol;consumer experience is personalised and focused on the individual<br &sol;>&NewLine;2&rpar;     The company’s reputation or brand identity<br &sol;>&NewLine;3&rpar;     And by word-of-mouth&period;<br &sol;>&NewLine;The last factor is possibly the most important&comma; as SCRM takes into account that consumers are now part of wider networks &lpar;both on and offline&rpar;&comma; and that the company is not the centre of these networks&comma; but merely a part of them &lpar;<em>WimRampen&period;com<&sol;em>&rpar;&period;<br &sol;>&NewLine;<strong>SCRM is about respect<&sol;strong><br &sol;>&NewLine;Traditional CRM deals with demographics and segmentation&comma; targeting the consumer based on factors such as age&comma; occupation and gender&period; SCRM has expanded this idea&comma; as the digital age has resulted in consumers being segmented according to less strictly defined targets&comma; such as shared common interests and on&sol;offline communities &lpar;<em>WimRampen&period;com<&sol;em>&rpar;&period; SCRM taps into these networks&comma; and enables a deeper understanding of the consumer&period; It takes the customer’s needs and wants into consideration&comma; not the company’s&period; Furthermore&comma; today’s social customers don’t take kindly to bad service or blatant marketing&period; Instead&comma; they want options&semi; they don’t want to feel like just another transaction&period; SCRM understands that a customer’s opinion matters&comma; and that&comma; ultimately&comma; they’re respected as individuals&period;<&sol;p>&NewLine;<h5>Attached Images&colon;<&sol;h5>&NewLine;<ul>&NewLine;<li> <span class&equals;"license">License&colon; Creative Commons<&sol;span> <span class&equals;"source">image source<&sol;span><&sol;li>&NewLine;<&sol;ul>&NewLine;<p>Written by Ang Lloyd on behalf of Dynamics Careers&comma; a niche jobs portal that advertises Microsoft Dynamics jobs&comma; including AX development&comma; for those who specialise in software development&comma; such as that which helps businesses manage their social CRM&period;<&sol;p>&NewLine;

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