Awesome 6 C's Of CRM Marketing Strategies

Published: 20th January 2011
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Customers are the life source of every business. It is therefore important to focus all efforts and address customer acquisition and retention as the top critical driver for a successful business. Mobilizing an effective CRM marketing strategy could no doubt maximize leads and turn them into customers. Find out how these sneaky marketing tactics help you turn those leads into an actual paying customer.

1. Courting Leads
The moment that you have marked your lead, courting ensues. Advertise your product or service through both conventional and unorthodox methods. Even the best product calls for a little enticement.

> Referral process
Do you have a database of all your existing and past clients? Employing a CRM tool will ease the task for you. Sending newsletters, promo updates, product updates is a good start. Proactively ask clients for referral. Even "word of mouth" does the trick. If you do, you'll be surprised how easily you can turn this marketing strategy into success.

> Marketing add-ons

a. Offer memberships and rewards - show them your gratitude for being your customer
b. Upgrade services - taking care of your customer's little needs make them feel secure in your care
c. Special offers and discounts - customers feel a sense of being 'privileged"

> Create strategic partnerships
Strategic partners are businesses that deal with your target client.They are able to market for you for their clients and some of their clients will also become your client. Affiliate marketing is one way of forming strategic partnerships. It's letting other people do the marketing for you and vice-versa.

2.Converting Leads
"Conversion" is the act of turning a qualified lead into a paying customer. People inquiring about your products are ideal targets for conversion. People asking about prices is perceived as a "buying cue". Don't start right away with your sales pitch. Giving them sufficient information regarding your product or service enables them to see your strengths, elicits their cooperation while making them feel important and trusting. Carefully evaluate which product would best fit with your customer. Arm yourself with pertinent information, readily available in your CRM system will no doubt turn that lead into a conversion in no time.


3. Customer Value
Customer value is ten times a lead. It means that it costs roughly ten times to get more new clients as compared to managing them. One way to increase revenue therefore is getting your existing customers to spend more money with you. Tracking customer's past purchases through your CRM tool allows you up-sell customers of new products needed for their growing business while making them aware of all other options.

4. Client Retention
Most often, the reason why customers go to the competitor is their notion that you or your staff are "uninterested" in them. They feel that after the sale, you don't care about them anymore. Never forget that every business depends on a single foundation: retaining customers day after day and year after year. Having a CRM system will help you track clients accurately - allowing you to foster communication through emails and newsletters, making them feel that they are important to you and are never forgotten.

5. Client Reactivation
Most companies forget about their clients who have gone inactive or has gone to the competitor. Making personal phone calls, letters and emails can get inactive clients to return. Keeping track of all your contacts is made easier by a Customer Relations Management tool - past, existing and prospects.

6. Cost-Cutting
Monitoring sales, profit and losses with your CRM marketing system will help you determine whether you are incurring expenses more than you are earning. Invest only if it is something that would strengthen your business and if the returns make sense.

Whether it is more profitable to increase conversion of existing leads than generating them, clearly, maximizing leads is a step forward to improved marketing.


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Convert your leads into customers now! Apply those sneaky CRM Software Marketing Tactics. Go to http://www.picrmsoftware.com.au/

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