CRM Systems For Marketing in a Changing Marketplace

You may not be aware of it, but if you have a CRMexisting customers and prospect lists. What you are
module in your ERP software system, then you havehoping for in more quality in the generation of sales
a potentially robust marketing tool at your fingertips.leads. For example, with existing customers you might
And, in a soft economy, any marketing help can helpbe able to better assess what their purchase history is
get business to your shop. More than just a means ofand what has driven their purchase decisions in the
keeping contact information in an easily accessiblepast. For a list of prospects that has been input into
computer database, your CRM is also a place ofyour CRM, you can use the software to sift out
customer purchase decision and behavior wealth.unqualified prospects as bad fits before they make
Rather than a sedate depository of information, yourtheir way to your sales team and waste valuable time
CRM is a dynamic fount for your potential growth.there.
To be sure, there are many marketing automationCRM systems can also help determine where your
modules emerging into the software scene that areadvertising dollars might be better spent. Remember, in
designed to exist independent of your ERP systemaddition to simple demographic and contact information,
and to interface with traditional CRM modules. Short ofCRM data often includes detailed, qualitative data such
adding an additional hierarchy in the flow of data fromas survey results, service notes, decision-maker
CRM to the marketing module, most instances ofpreferences of media, and other notions that provide a
these set-ups are perfectly adequate to get thericher knowledge of what makes the customer tick
marketing job done.and where they can be found. This information, in turn,
However, stronger ERP systems will incorporate CRMcan inform advertising message formation and media
modules that are specifically designed to bring togetherplacement selections.
all sorts of customer information for marketingUltimately, CRM systems provide the basis for creating
purposes. In order to market your business using CRMstrong relationships with existing customers and
modules, remember that marketing per se transcendsprospective ones. More than any other factor,
advertising. Think of marketing as involving any point ofrelationships-rather than rewards-are the foundation of
contact direct or in-direct contact with customers andlong term customer loyalties. In an ever-changing
or prospects. Thus, marketing includes not onlymarketplace for manufacturers today, the stable
advertising and public relations, but service, sales,growth potential that is the result of sophisticated CRM
administration, and even research and development.use simply cannot be underestimated or ignored. For
What a CRM system can do for you is make moremanufacturers operating in an increasingly competitive
manageable the wealth of data that is available onmarketplace, CRM offers a distinct advantage.