According to recent statistic, CRM market has grown over 13% by providing the best systems for businesses to improve relationships with their clients and increase sales. What does CRM stand for? CRM meaning is customer relationship management. CRM provides a strategy for small and big businesses to meet the requirements of existing clients and develop long-term relationships with potential consumers. CRM teaches how to treat customers the way they want and know their demands. By delivering your customers what they want, they will always choose you.
Once you know what is CRM, you will understand its necessity for business growth. Creatio.com is an ideal platform that accelerates sales, marketing, and services. This CRM platform together with other popular platforms aims to digitize businesses and help them to automate any business ideas.
What peculiarities do CRM platforms offer IT companies? Keep reading the article and learn about 5 features that help tech companies to develop faster than their competitors and maintain long-lasting relationships with their customers.
What Features Does CRM Provide for IT Companies?
Modern CRM software have been designed specifically with the needs of developing tech companies in mind. Such platforms enable end-to-end functionality and help tech companies to deliver better services through improved communication and understanding of their customers. Below you can read in detail about 5 main peculiarities of CRM in IT companies:
Manage contacts and opportunities
It’s vital for IT companies to use CRM in order to manage contacts, opportunities, review forecast and analyze the performance of salespeople, sectors, products, vendors, and resellers. Such visibility enables to understand what a company should do to turn a lead into an opportunity.
Improve customers experience
Customer success is what every IT company desires. CRM tracks customers’ activity, spot issues that arise during customers’ use of service, and deal with them before they turn your customers off. CRM provides multi-channel support in order to improve relationships with your consumers and support them in the way they prefer. By providing exceptional customer service, your clients will feel admired and valued which is the key to be a competitive IT company.
One of the CRM features provides information on relationships with existing customers. IT companies will have access to contacts, historical data, subscription status, buying preferences. Briefly, CRM gives a 360° view on your customers. Software trigger customer reminders which lead to satisfied clients.
View on businesses operation
CRM enables businesses to gather information on their performance. When IT companies connect sales, marketing and customer service with CRM, they can clearly see how well they are doing through reports. Various software provides insights and suggests trends that will help a particular IT company to improve relationships with existing customers, ways to attract new clients and satisfy customers’ preferences.
Knowing your return on investment
CRM features measuring the gain or loss on an investment. By knowing the ROI of marketing activities, an IT company can focus budget on what works and reduce unnecessary expenses.
The main role of CRM in IT companies is using only automated processes. They help to save a lot of time and focus all efforts on achieving success. Deep integration with email, website, and advertising, access to diagrams, planning, and insights make an IT company a competitor through making customers happy and bringing more happy clients.
Once businesses define CRM, they understand its value. There are many free versions of CRM software that can be tested to learn about their benefits. All CRM platforms help to collect reports and in-depth analysis fast and effectively. Such software are irreplaceable assistants for every IT company that understands that a healthy customer-company relationship is a priority.