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Issues and Benefit of Customer Relationship Management System

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Submitted By davidyap93
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Issues and benefit of Customer Relationship Management System

CRM deals with aspects of the work with clients, whether these involve sales procedures or service-related issues. It is the most often used to control information, marketing campaigns and market participation. The data that is collected can later on be analyzed to come up with innovative solutions to the most common customer-related problems.
The CRM allows a company to identify its target customers, to optimize sales management, streamline information exchange between different departments, improve company relationships with customers through personalization, identify customer needs and analyze distribution patterns.
Even though CRM is focused on a specific area, it comes with a few issues and benefit that can help us nor in the same time troubled us as both small and large companies. One of the benefit of CRM is that it decrease the cost of customer acquisition which the data retrieved is able to allow company focus their target audience and therefor steer their entire marketing efforts on that targeted audience. The next is that CRM is able to increase sale by locating areas of improvement so that the company is able to improve and provide a better customer service. Which will lead in a higher sales through satisfaction. CRM will also increase efficiencies which information gather can be access quickly and spontaneously. CRM is also able to provide us a better and more accurate data through analytics and reporting which will eventually lead to a better team work and induce improvement. CRM also controls the access to certain important data and features.
Though CRM do makes our lives easier and improve our work environment, there are still downside in everything which includes CRM. Since CRM is a controlled and sophisticated system, once it was used in a unmannered way, it would cause the entire

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