Uploaded on Aug 23, 2021
The Retail CRM Software allows retailers to keep track of their customers’ purchases. By tracking customer purchases, you can easily understand the purchasing cycle of every customer. https://issuu.com/riyaa-k-shah/docs/benefits_of_choosing_crm_for_online_retail_busines
Benefits Of Choosing CRM For Online Retail Business
Benefits Of Choosing CRM For Online Retail
Business
ETP - Group
Introduction
A Retail CRM Software offers retailers an integrated CRM platform for
sales, marketing, inventory and support management requirements. It
helps retailers manage their retail and supply chain operations
effortlessly and efficiently.
Now let’s take a look at its benefits!
A Cost-Effective Business Asset
CRM solutions automate your business processes and reduce your
operational costs that increase your overall profits. With a streamlined
system in place, sales and marketing functions are seamlessly coordinated
resulting in effectively executed campaigns. With a CRM, you manage your
customers and leads meticulously and have a thriving target and
performance-oriented campaigns. This forms the backbone of all successful
retail businesses.
Offer Optimised Customer Service
Customer service is the key to successful online retail businesses in
today’s digital era. A CRM helps to establish high-quality customer
service in two ways:
1. It promptly addresses all customer complaints
2. It helps to develop positive and long-term relationships with all
customers.
Once you know your clients’ lifecycle, you can quickly turn them into “
returning customers” who recommend your retail business to their
friends and family.
Accurate Store Purchase Information
The CRM Software allows retailers to keep track of their customers’
purchases. By tracking customer purchases, you can easily understand
the purchasing cycle of every customer. Based on this information,
retailers can notify them of individual sales and even send special
offers and discounts to customers.
These intelligent strategies conveniently place your products in front
of the customers just when they need them. Such targeted campaigns
are better than a full-fledged marketing campaign for a broad
audience that receives very few responses.
Targeted Promotions
The most significant benefit of investing in a CRM for online retail
business is the concept of targeted promotions.
We all know by now that CRM software allows you to collect essential
customer information. The collected data is a powerful tool that retailers
can use to plan promotions in a focused manner systematically.
For example, When retailers know a specific customer has looked at a
particular product on their website, they can quickly send promotional
elements of the said item to only the interested customer.
The targeted promotions strategy aligns your customer’s interests in your
business alive, resulting in improved revenue and profits.
Easy Payments
Another benefit of CRM software is the multiple payment modes it offers.
With CRM, everything be it invoicing to billing and payment processes, all
are managed smoothly. Customers can use a mode of payment best suited
for them as the CRM offers multiple payment modes like cash, card, etc.
Grow Your Online Retail Business With ETP’s Omnichannel CRM software.
ETP offers a robust CRM software integrated with the ETP omnichannel
store solution that easily connects the business back end operations with the
supply and demand channels. Overall, this omnichannel retail solution
focuses on improving brand visibility, sustained customer engagement rates,
easy access to products, along with cross/up-selling promotions for
increasing revenue per customer steadily.
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