Why CRM is important for your digital marketing strategySchedule a Free Demo
Well into the internet age, digital marketing is steadily becoming the forefront of many marketing endeavors. Data analytics present previously unimagined possibilities, such as tracking lead interaction touchpoints and analyzing data of unprecedented volume. What’s more, they provide the perfect means of tailoring marketing campaigns to optimal target audiences. Thus, with the ever-fierce competition, businesses need to delve into digital marketing, diversify themselves, and build efficient lead funnels. Digital marketing strategies cannot afford to be generic and unrefined, by any means; one must identify and analyze one’s customers. It is this truth that makes customer relationship management (CRM) tools so invaluable, as they can expand your options manifold. With that said, let us explore why CRM is important to your digital marketing strategy.
A brief exploration of CRM types
At their core, all CRM types seek to cover all aspects of interactions between businesses and customers. Put simply, they can help you manage your customer data and then use it to tailor marketing campaigns. This is a vital asset since not all leads follow the same conversion process or interact with a business the same way. CRM systems compile massive volumes of data, from buyer trends to demographics, which will be invaluable to any marketing team.
However, it is vital to note that there are specialized CRM system features. While most will share core functionalities, specialized CRM can contribute to your digital marketing strategies in distinctly different ways. They largely fall into 3 categories;
Operational CRM solutions automate processes that do not require creative oversight. They will thus focus on service, sales, and marketing automation. They will streamline customer input and order confirmations, as well as lead analysis and processing. Lastly, they can automate outgoing emails to valuable leads, as well as inform promotional activities tailored to them.
Analytical CRM systems are more heavily focused on lead data analysis. They will thus offer such functions as profitability analysis and customer segmentation, based on a business’s criteria and history. Most notably, they can apply predictive modeling to accumulated data, informing marketing optimizations based on trend predictions. Lastly, they can evaluate individual lead profitability by analyzing the leads’ touchpoints and sales funnel progress.
Collaborative CRM solutions seek to bolster cooperation among teams, optimizing internal communications, and data sharing. They will thus offer customer interaction and channel management options, consolidating customer input, and optimizing responses.
5 reasons why CRM is important for your digital marketing strategy
Having overviewed the functions of CRM solutions, their marketing benefits might already be apparent. Indeed, CRM is important to your digital marketing strategy regardless of your industry. From retail to the moving industry, any customer-based business can benefit from such assets. Notably, moving businesses already reap the benefits of CRM, and have successfully done so for years. Bearing this in mind, let us highlight the said benefits.
#1: More cost-effective campaigns
The primary concern with any digital marketing campaign is the optimal return on investment (ROI). And naturally, a campaign that is tailored to your optimal audience will be far more fruitful than a generic one. Using CRM, then, you can analyze potential leads more effectively, and adjust your campaign accordingly.
A moving company CRM solution, then, analytical or otherwise, can help you consolidate data on potential leads. Since people interact with your campaign in different ways and through different channels, this is a notable asset. With this data in hand, you can more efficiently analyze the performance of your campaign, as well as how your audience reacts.
What’s more, this approach can personalize your campaign more effectively. Knowing your optimal leads’ demographic, CRM can help you target them with content that’s more effective for them. A personalized experience can kindle brand trust and increase engagement, in turn providing higher lead conversion rates.
#2: Increased engagement
On the subject of engagement, then, using CRM can be fruitful in that regard as well. A deeper understanding of your audience can help you produce tailored digital marketing campaigns, which in turn increase engagement. Audiences react far better to individualized content that is closer to their interests, which can, in turn, drive more sales.
Naturally, CRM can help increase engagement in different ways. Where analytical CRM can inform a campaign based on consumer trends, collaborative CRM can streamline customer input. Both are significant for any digital marketing campaign; you need personalized content no less than a solid feedback collection platform. CRM can provide both, increasing engagement with your brand and boosting conversion rates in the process.
#3: Increased consistency
Likewise, internal consistency is of paramount importance for any digital marketing campaign. Collaborative CRM can ensure your sales teams remain coordinated and prevent common errors that may occur through poor communication.
A customer who has already been contacted about a specific issue is best not contacted again about the same issue. Similarly, a customer who already engages with your campaign may need less intense marketing efforts. Operational CRM can use analytics to determine which automated marketing efforts should focus on which leads, while collaborative CRM can help your team remain coordinated when reaching out to customers.
#4: Higher team efficiency through automation
A core functionality of operational CRM, automation can relieve your teams of needless workload. As digital marketing campaigns require careful planning, creative input, and constant monitoring, CRM can boost your teams’ efficiency by handling some tasks without human oversight.
Similarly, operational CRM can help you avoid human errors. Where multiple input inquiries on the same subject can discourage a lead, CRM can automate outgoing emails and help you manage your messaging.
#5: Improved customer service
Lastly, digitized customer service is another reason why CRM is important for your digital marketing strategy. Efficient customer service can help you retain existing customers, and CRM can ensure swift and personalized customer service.
CRM provides a wealth of data on each inquiring customer, from purchase history and past information to general preferences. With this accessible database at the hands of your representatives, you can ensure a quicker resolution of potential issues. And, should one representative be unable to resolve an issue, collaborative CRM can more easily alert another to address it.
Start making your digital marketing efforts better
Rather than waste resources and time on finding alternatives, invest in a centralized system to create a strong foundation for improving your strategies. With a proper CRM for your moving business in place, you will be able to increase engagement, generate more quality leads, and create a long-term conversion rate that will help your business grow and expand long-term. And MoversTech is here to make lead you in the right direction. Reach out and schedule a demo today!