CRM

Search for glossary terms (regular expression allowed)

Glossaries

TermDefinition
CRM

CRM stands for Customer Relationship Management. It is not merely a piece of software, but a complete business strategy that places the customer at the centre of every company process. The CRM approach uses technology and data analysis to manage all interactions a company has with its customers, both current and potential. The goal is to understand and anticipate their needs, improving the relationship and optimising every interaction.

What it's for / why it's important

CRM is used to build and maintain solid, lasting relationships with clientele. Its strategic importance lies in shifting from "mass" marketing to personalised marketing: by collecting and centralising data (purchases, telephone calls, emails, website visits), the company can understand the behaviours and preferences of every single contact. This makes it possible to increase satisfaction, improve loyalty and, consequently, boost sales through a more targeted and relevant service.

 

When it's used / in what context

CRM is fundamental in all departments that have direct or indirect contact with the customer, primarily Sales, Marketing and Customer Support. In marketing, it is used for advanced segmentation, creating personalised campaigns or sending automated communications (e.g. emails) based on user behaviour. In sales, it helps track negotiations, manage contacts (leads and prospects) and identify the best opportunities via lead scoring. In support, it provides a complete customer history, allowing for quick and effective assistance.

Practical example

A user visits an e-commerce site, adds a pair of shoes to the basket but does not complete the purchase. The CRM software records this action. A few hours later, the system automatically sends a personalised email to the user ("Hey, you forgot something in your basket!"). Simultaneously, the CRM updates that customer's profile, "tagging" them as interested in the "shoes" category, so that future newsletters will include promotions on similar products.

Extra insight

Many people confuse CRM with the software that manages it. This is a common mistake. The software (like Salesforce, HubSpot or Zoho) is just the tool. The real CRM is the company philosophy that decides to put the customer at the centre. Without a relationship marketing strategy, a CRM software package becomes just a very expensive contact archive. Strategic CRM is often divided into three areas: Operational (managing processes), Analytical (analysing data to predict behaviours) and Collaborative (sharing information between different company departments).

Synonyms: Client Relationship Management, Customer Portfolio Management

Your weekly dose of Insight!

All our latest work. Every Monday in your inbox.

From Creative Writing to Photography, taking in Marketing and Design along the way. Every day we're busy prepping exclusive content to give you some fresh inspiration. Sign up so you don't miss a thing: every Monday at 09.30am you'll get the full weekly round-up. No spam. Just proper quality content, and you can unsubscribe whenever you like.

 

Satisfied customers

What they say about us

I had the pleasure of collaborating with Umberto, an exquisite person, always available, competent and quick to find solutions to problems, whether large or small; maximum satisfaction!
2013-10-02
Stefano Beltrame
Staff / Nebula Sigarette Digitali
I had the opportunity to get to know Insight Agency when he started working with one of our clients, so I was able to appreciate not only their professional and creative approach, but above all the...
2013-09-16
Read more
Mario Gentile
CEO & Founder / Punto Ike
I met Insight Agency way back in 2006 and since then we have come a long way thanks to their professionalism, creativity, ingenuity and above all availability. The thing that most impressed me abo...
2013-09-16
Read more
Tommaso Marrone
CEO / CSF Centro Servizi e Formazione srl

About

Insight Adv Ltd is a full-service advertising agency. We offer our customers Graphic and Web Design, Marketing and Strategic Communication services.

We create websites, e-commerce and fad platforms, commercials and promotional videos and applications for smartphones and tablets. We also offer digital & direct marketing, social media and content management services. 

Pills...

" It no longer makes sense to send a generic advertising message to the masses in the hope of persuading a few. "
M. Lawrence Light

Follow us on