Managing the sales team through CRM systems

Published on October 31, 2024   7 min
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0:00
Hello. My name is Kenneth Le Meunier-FitzHugh. In this session, I'm going to look at the management of the sales team through CRM systems.
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We'll consider the management through automated assistance and in virtual environments, customer relationship management, commonly known as CRM, digital skill training, and conclusions.
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To manage the customer journey and the sales environment, organisations have invested in customer relationship management, commonly known as CRM systems, that are designed to help establish, build customer/client relationships by integrating customer data digitally. CRM has been defined as "The building of customer-oriented culture by which a strategy is created for acquiring, enhancing, the profitability of, and retaining customers, that is enabled by an IT application for achieving mutual benefits for both the organisation and the customers." In essence, the CRM software consolidates data collected on the customer activities from all forms of communication, face to face and digitally, into one digital place so it can be analysed and cross-referenced. Therefore, CRM is a strategic software that allows the organisations to leverage customer data to increase the sales opportunities and to enhance customer satisfaction.
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CRM systems help sales staff to record basic information about customers, names of contacts, and their potential purchasing activities. In B2B businesses, due to the large number of people involved, sales staff can use the CRM system to record conversations with different people and identify the decision-makers. The system records data from all sources such as calls, emails, social media activities and online inquiries, and draws in and stores data on preferences from the client's communication, distinguishing customer values, and prioritises customers to enhance customer retention and profits. The information provided by this technology enables salespeople and sales managers to meet their customers' expectation with a unity of direction, and better time management and efficiency.

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