Detailed Information on CRM
What is CRM?
What does the term CRM really mean? You must have heard the term "CRM" and may know what it means but may not know how exactly it can help you manage and grow your business?
CRM stands for Customer Relationship Management. When people talk about CRM, they are usually referring to a CRM Software, its tool that is used for the complete process of a business i.e. marketing, sales, lead management, business contact management, pipeline / prospect management, quotation management, client management, invoicing , task management and more. The goal of a CRM software is to improve every aspect of business.
CRM is a software solution that brings a ton of capabilities in a single software. You can store all your enquiries, quotations, customers, invoices, business contacts, make calls, send emails, view reports, schedule appointments, get alerts for calls, meetings, followups and on any specific actions, add tasks, add notes, manage your leads, and find out if your email was opened and much more all within the CRM software
The better a business can manage the relationships it has with its potential customers, existing customers, employees, vendors , business associates the more successful it will become.
A CRM gives you the most useful insights to manage and grow your business. A CRM helps in making business decisions. A CRM provides in-depth reports and provides a multi-angle perspective of the business. CRM generates sales forecasts on the basis of existing sales patterns.
CRM systems are designed to increase productivity and solve many business problems. With one central place to organize all the details of your leads, customers, vendors, employees associates etc it’s easy for everyone on your team to gain insights and take action.
To conclude CRM Software gives the management a birds eye view of everything happening in business and it's the best and most powerful way to manage & grow your business.
To view more detailed information on CRM visit Wikipedia CRM page click here
What is the CRM Scenario in India?
Several businesses in countries like the U.S.A, U.K, Australia, etc. have actively been using CRM. In the recent years, there is an increasing number of businesses in India that have started the adoption of CRM.
The three prime reasons for using a CRM is the want for a solution to a few current business problems, smooth expansion and business growth. There are several businesses from a wide range of industries in India and across the globe which resort to using CRM for better productivity. A CRM evidently helps improve sales overall from the follow-up phase to converting phase, it also gives business owners a stronger decision making power.
We have introduced a CRM software reselling partner program under which you get 17 white labeled CRM softwares to resell.
Key reasons why CRM Software (i.e. Customer Relationship Management Software is used).
1. One gets a consolidated data of customers & leads. You can have complete customer and lead data from their designation, contact details, organization details on your finger tips while using a CRM. This helps you make quick and informed decisions about your business. Giving you the advantage of taking calculated steps for best outcomes.
2. Complete life-cycle of customers & leads along with communication. You get a comprehensive view of the clients life-cycle with lead stages and status. CRM gives access to all the previous interactions with leads and customers and also helps keep a track of all the interaction history that is involved in any sales process. This feature of a CRM helps monitor, track and improve relations and communication with clients and prospects.
3. To have an eagle eye view of business and take informed decisions. A CRM gives in-depth reports on leads, clients and sales both revenue-wise as well as sales person-wise. It benefits you with the advantage of planning viable strategies and making quick and informed business decisions.
4. To track and manage marketing, sales, sales teams, sales targets, sales follow ups, sales quotations, sales forecast, communication and more. Using a CRM makes sales follow-ups more effective, sales people more productive and sales targets better achievable.
5. Making information available to respective people for collaboration, managing and growing business faster. A CRM lets you share access to important data about sales, clients, quotations and much more available to sales team members and employees. Clarity in all the sales actions and transparency are two added pluses that a CRM provides to businesses.
6. Digitalising information and automating processes to reduce errors and increase efficiency. CRM reduces human dependability and increases the level of accuracy in data and functioning. It also ensures strong back-up, robust storage of all the sales data and ensures optimum use of resources for increased productivity of sales teams.
7. Smarter ways of business with higher awareness about won and lost business: A CRM with its highly intuitive reports, helps you identify the reasons for business, winning as well as losing deals. Plus, CRM reports give you high intelligence data across multiple horizons of your business, sales, employees and clients. Always have an open window into sales and know your organization's growth trend.
8. Send payment reminders to clients: A CRM lets you set reminders. You can actively set reminders and shoot mails for payment reminders. This way the crm lets you ensure that clients are paying off.
9. Hassle-free implementation of CRM.
10. Integrates with many types of ERPs and accounting softwares. The effective integration of the CRM with your existing softwares helps ensure that you experience complete functionality.
Key functions of a CRM Software (i.e. Customer Relationship Management Software).
1. Comprehensive view of the client life-cycle.
2. Comprehensive view of sales. Know everything happening in your sales and sales targets.
3. Single point storage and access of client, sales and business data.
4. Single point for communicating internally, to clients, to leads, to vendors etc via email, sms, chat, phone.
5. Access detailed reports to analyze and keep a tab on sales performance of your organization and sales people.
6. Be accessible on multiple devices i.e. computers, laptops, tabs and smart phones.
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Is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. It is sometimes referred to as "on-demand" software. Customer relationship management (CRM) continues to be the largest market for SaaS. We provide CRM Software as software as a service (SaaS CRM).
Is a software licensing and delivery model in which software is licensed on a subscription basis and is hosted on client's online servers. We provide CRM Software hosted on your online servers. Get in touch with our team for details.
Different types of Buyers we cater to.
Enterprise buyers. We specialise in catering to large organizations that are typically looking for a CRM Software with deep functionality that can help them track, analyse, manage and grow sales and clients. We have both options for CRM Software i.e. on client servers or as SAAS.
Medium business buyers. We cater to Medium business who are looking for a premium quality and cost effective CRM Software. Our CRM software helps medium businesses effectively track and manage marketing, sales, sales teams, sales targets, sales follow ups, sales quotations, sales forecast, communication and more .Our CRM software caters to the needs of medium business as we have both options i.e. SAAS and On Client Server option of deployment. Know which type of CRM hosting would be the best for your business, i.e. Cloud CRM or Hosted CRM? Get in touch with us.
Small business buyers. Many small businesses are looking to increase the efficiency and make every day sales operations easier. They want to grow, and therefore require more sophisticated functions. Being able to engage the customer and escalate them through to the next phases of the sales cycle remains a major concern for these businesses. A CRM software gives businesses a strong systematic solution that helps encompass the lead's initial actions to deal completion. It serves as a package solution to envelope the activities involved in sealing business deals. In an attempt to achieve the desired outcomes businesses from various industries have shifted their focus on (Customer relationship Management) CRM softwares.
Many small businesses opt for Web-based CRM systems because of the low upfront cost and ease of deployment. Our CRM software caters to the needs of small business.
Customer relation management software has now become one of the most critical components for a successful business setup. CRM is a must for all i.e. large, medium and small businesses.
The moral of the story here is this: If you're running a business or working for a business and intend to effectively run and keep growing, you should use a CRM. Your and your company's success depends on being able to delight your customers. Customer relationship management software or CRM has now become one of the most critical components for a business in today's day and age where everyone is going digital. CRM is a must for all types of businesses irrespective of their size i.e. enterprise / large, medium and small businesses.
Using a CRM can have multiple benefits for your business in totality. Going into the knitty-gritties a crm will manifest positives across various verticals in your organization from managing leads, following-up, sending quotations and knowing the overall performance. From your sales team closing more prospective deals to knowing how you can achieve sales targets in the days, months and year to come. A crm will completely make you aware about all your business advances.
A crm can further help you identify the performance of your sales team members in real time.
How CRM is applicable for different industries:
CRM helps automotive businesses in various aspects like sales target management, tracking showroom visits, following up & converting leads. It also provides a powerful set of features for better sales functioning & intelligent reports to help business owners make strategic decisions.
CRM helps banks of various kinds in managing leads and performing integral sales activities like follow-ups, prioritizing leads and knowing important statistics required to make wise business decisions.
CRM helps BPOs and it's employees to optimize their sales processes. A BPO CRM provides a secure data console to store & access data of products, leads & clients; it also serves as a common platform to follow-up via calls, emails, sms, etc.
CRM has a set of tools & functionality required by educational institutes to expand their business & increase the efficiency of their sales process. An Education CRM helps handle sales, manage student & prospect data, regulate follow-ups and gives insightful statistics to derive business strategies.
A CRM helps businesses of the financial services segment improve the overall manner in which their sales function. It not only provides means for effective lead management but also dispenses all the required graphical information for stronger business awareness.
Healthcare CRM serves as a complete toolkit to execute, analyze and improve all the critical aspects of their organization. It helps enterprises from various verticals of the healthcare industry to manage their client / patient data, leads, consultations, sales targets and much more.
Hotel CRM delivers a solution for refining sales activities like lead management, follow-ups and also has features needed to convert & scale a Hotel business. It helps gain penetrating insights to make informed business decisions.
CRM provides Import Export businesses with a complete package for effectively managing sales & data for making crucial business decisions. It helps aspects like sales target management, complete lead nurturing, quotation management and analyzing sales.
An Insurance CRM is an arsenal of functionalities that help amplify the efficiency & revenue generation. It handles all the aspects like secure data storage of leads, clients & insurance products / services; follow-up automation, sales management, real time reports and much more.
CRM provides tangible benefits in both, sales team functioning in terms of manpower as well as intellectual aspects like informed decision making. As a premium toolkit, a CRM provides means for following up & converting leads, data security, access control, management of sales targets & quotations, etc.
Logistics CRM plays an instrumental role in terms of transforming the sales efficiency of Logistics enterprises for higher revenue generation. It helps tackle various sections of the Logistics business cycle like sales targets, lead capturing to conversion, pitching with quotations, managing client & other critical business data.
CRM for Manufacturing businesses helps optimize the entire sales pipeline from setting sales targets to following, sending quotations & converting leads. It also provides all the data & reports needed for building strategic business plans.
CRM serves as a single point for various actions needed to generate sales & craft wise business plans. It helps improve the efficiency from setting & assigning sales targets to converting leads.
Real Estate CRM gives all the needed solutions to handle enquiries, site visits, bookings & escalate deals to closure; store and access data of various sites, property, leads, follow ups, etc. It also gives intelligent reports needed for a 360 degree business view to make successful strategies.
Travel CRM has our 4 possible interpretations that serve different types of travel businesses. It provides tools, data access and reports that can cater to the needs of businesses involved in MICE (Meetings Incentives Conferences Exhibitions), Travel itinerary companies, tours & travels enterprises, Hotel booking businesses, etc.
Related Content From Our Blog:
Manage sales teams effectively for your Business with CRM | Managing business contacts with CRM | Retaining Clients in your business with CRM | Convert more Leads with CRM for your business | General CRM Featurelist | All you need to know about CRM - Part 2 | All you need to know about CRM - Part 1 | CRM features and its flow in business | How CRM can increase profits & productivity | A 360 Degree Evaluation On The Benefits Of CRM | 11 Ways CRM Can Boost Your Sales | 4 Big Ways CRM Helps Scale Your Business | CRM for Lead management in your business | Top 5 CRM Reports For Business | Manage Sales Targets For Your Business | Infographic on CRM Key Features | Features & Functionalities Of A CRM | 7 Things To Do Before You Buy A CRM | When Should You Buy A CRM Software? | 5 Key Reasons Why Buy A CRM? | Buying CRM Software? | How to choose the right CRM Software for your Business? | 6 Important CRM software features | Dquip's Blog Launch!
What We Offer
We at Dquip, strive to provide honest services & earn the trust of our clients. We provide CRM services with no hidden costs. Our transparent service policy encourages clients to entrust us with the responsibility of improving the way their business functions.
We have 200+ clients spread across India, Australia, U.S.A, U.K, Africa, Hong Kong and Singapore. In India, we have clients in almost all states.
We have sales people as well as industry-wise crm pages for the following states and cities in India
Maharashtra- Mumbai, Thane, Navi Mumbai, Pune, Nashik, Kolhapur, Nagpur | Gujarat - Ahmedabad, Surat | Punjab - Chandigarh, Amritsar, Ludhiana, Mohali, Patiala, Jalandhar & Bathinda | TamilNadu - Chennai, Coimbatore | Karnataka - Bangalore | WestBengal - Kolkata | Delhi, Delhi NCR, Gurgaon, Noida | Uttar Pradesh - Lucknow | Telangana - Hyderabad | Bihar - Patna | Rajasthan - Jaipur, Udaipur | Madhya Pradesh - Bhopal
Get in touch with our CRM solution specialist to know more on how our CRM can help your business.
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