Perry Balzer’s Updates

Affordable CRM (Customer Relationship Management)

The decision to implement CRM solutions into your business is always a difficult one. There are so many different options that you can choose from that it’s easy to make the wrong decision for your small or medium sized business. Customer Relationship Management software, Creatio for example https://www.creatio.com/page/crm-products, comes in many different flavors and figuring out which one is best for your needs requires, at the very least, a good bit of research. Finding an affordable CRM solution for your business is important because it directly impacts your bottom line, and that impact reaches far beyond the acquisition and maintenance cost.

The first thing you have to keep in mind when looking for an affordable CRM package is that your purchase should be dictated by who your customers are and how much information you’re planning to process. In other words, you first have to know what information it’s important that you collect about your customers. The type of business you run will determine what information is relevant to you. A shipping company will obviously not have the same needs as an accounting services company. Knowing who your customers are and why they do business with you is the first step towards picking the right CRM solution. The better your knowledge of your client base, the better off you will be.

Unfortunately, not every business has the time or the resources to carry this out prior to purchasing a CRM package. That’s where the more advanced Customer Relationship Software solutions come into play and will greatly facilitate things for you. Some CRM software packages have the capability of collecting and analyzing customer information by analyzing their website visits and by assisting you in preparing and carrying out marketing campaigns. Others can analyze your customers’ buying habits, allowing you to get a much more refined picture of your customer base. So even if you don’t actually have the data first hand, finding an affordable CRM solution that will help you increase your profits still requires that you know in what areas you need more information about your customers’ needs and preferences.

Even if you’re focusing on an affordable CRM package, it’s nevertheless important not to throw caution to the wind and totally sacrifice quality. You need to find a software package with a good reputation when it comes to delivering exactly what is expected of it, because a substandard product will not only cost you in terms of acquisition costs, but it may also eat into your profits over time because you not only fail to identify profitable opportunities, but you also have to keep paying for it to keep running adequately. You will know you have found a high quality (yet affordable) CRM solution when the company you talk to can explain to you everything about their program, as well as point out where these features can turn into more profits for your particular business. Not generic stuff, but stuff that shows how the data that is collected and analyzed by their software will positively impact your business. If the answers to your questions are vague or sound unsure, you might want to keep looking.

Finally, another important aspect that you should definitely look for in an affordable CRM package is user-friendliness. If it’s not easy to use, your employees will dread working with it and most likely will be unable to make it work effectively and get the best of it. That means that you won’t be able to get the best return possible on your investment. If you come across an affordable CRM package but realize that employees will need a lot of training and a lot of time to familiarize themselves with it, then you might be in the unenviable position where the software is actually costing you more than it’s bringing in. Simplicity is the name of the game, both for you and for your employees.

In short, finding an affordable CRM package is not really easy, but it’s not that hard either. All you have to do is evaluate how much you know your customer base and determine how much more you want to know to increase your profits. From that point on, you’ll be well-armed to find an effective and affordable CRM solution that exactly fits your business.