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What is a CRM and Do I Need One?

February 26, 2021 By Guest Contributor Leave a Comment

A CRM, or customer relationship management, is software that incorporates the technology, techniques, tools, and strategies that organizations and businesses use to acquire, retain, and develop customers. This software helps to create smooth interactions with customers to help increase profits. If you are interested in a CRM, Visit Artic It, to see what they have to offer.

CRM software helps you to collect data about your customer for various communication channels. This information is stored and accessible to your employees. This information includes information about the customer, shopping history, and purchasing patterns. This is an entire system that has the intention of helping businesses market, increase sales, and manage services. A SaaS CRM product allows your business to focus on relationship building with customers, suppliers, vendors, and counterparts. You do not have to focus as much on finding new customers because you can build trust by providing effective and timely support to customers when they need it. You also know what services in which your customers are interested. You are able to listen to your customers and respond to their needs in real-time.

There are several deployment options when considering a CRM for your company. You can review the options and determine if it aligns with your objectives and mission. There are two options, including on-premise deployment or cloud deployment. When the CRM is on-premise, your company needs to purchase the correct number of licenses before you can bring the CRM into the company. You have to download the CRM on your company servers. If you have strict standards for security, you may want to consider on-premise CRM. It takes much longer for implementation, including more time and resources. It will be up to your business to ensure that you are maintaining the CRM application. Often, when it is on-premise, the vendor may not be responsible for the security and operation of the CRM. When the CRM has a cloud deployment, it is also referred to as software-as-a-service (SaaS). The software and data are stored on the servers of the vendor. The vendor is responsible for the operation of the entire system and provides all support and system upgrades and updates. As your business grows, you can scale the CRM to meet your needs. When your needs change, you can upgrade and update your system. All you need is a stable connection to the internet.

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