Monday, November 5, 2007

New Trends in Customer Relationship Management

Customer relationship management is also known as CRM and it deals with the way companies and organizations treat their customers and their personal information. This includes how companies handle phone numbers, addresses, email addresses, as well as how they store them, and even analyze them. Few people really think about how a company handles this type of information but it really is important for companies to know who their customers are and where they come from so they know how to better target their market.

There are several different aspects of CRM. These include operational CRM, collaborative CRM, and analytical CRM. Operational CRM simply is the support or the automation of the processes that related to service reps or sales. Collaborative CRM deals with self service and direct communication. Analytical CRM is kind of the way it sounds as it deals with analyzing customer data for many different reasons. Recruiting software is frequently used to handle some of these tasks or to be used in conjunction with these tasks.

Job management is also an important part of customer relationship management because individuals working in an organization or in a company need to be properly trained in CRM so that the information may be taken and processed correctly. It takes some time to learn but when done correctly CRM works very well. In fact, many companies and organizations choose to use the same software for their CRM as their recruiting management software. It’s a wonderful way to integrate the both types of software and jobs altogether.

The technology behind CRM is very complex and difficult to understand. There are some basic tools that relate to CRM. These include databases or a data warehouse, customer agent support software, customer interaction systems, automated phone systems, statistical analysis software, and interactive chat software. These building blocks are the basics for the three different types of CRM, however this is not an all inclusive list. But, when you understand the basics of CRM then you will have a better understanding of how it all works. Of course, you can’t just understand all the details by reading this article but you can get a better understanding of all that goes into CRM and why it is so important to companies and organizations.

Caitlina Fuller is a freelance writer. Analytical CRM is kind of the way it sounds as it deals with analyzing customer data for many different reasons. Recruiting software is frequently used to handle some of these tasks or to be used in conjunction with these tasks. In fact, many companies and organizations choose to use the same software for their CRM as their recruiting management software.

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