Friday, Dec 3, 2021

What is an Ecommerce CRM? 6 Reasons to Use It

Table of ContentsWhat’s An Ecommerce CRMWhy do you need a specialized Ecommerce CRM softwareThe Benefits of Ecommerce CRM SoftwareGet more visitors..

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Table of Contents What’s An Ecommerce CRM Why do you need a specialized Ecommerce CRM software The Benefits of Ecommerce CRM Software Get more visitors to your store Convert leads to customers better Respond to customer queries faster Get feedback from customers Build loyalty, improve retention, and drive referrals Analyze data and improve your product portfolio Every ecommerce firm desires happy customers. You will be operating in a competitive market if you are not selling anything out-of-the-box. As a result, businesses devote a significant amount of time and money to acquire new clients and retain existing ones. They put efforts to engage directly with customers, provide unique solutions, and fulfill requests to the highest standard.

This is precisely what a customer relationship management system (CRM) offers. This software can assist you in maintaining current customers, converting casual customers into loyal customers who will purchase your items, and increase revenue.

What’s an Ecommerce CRM?

E-commerce CRM (short for “e-commerce customer relationship management”) is a powerful tool developed to assist eCommerce enterprises in managing client contact information, purchase habits, and other analytics data. 

Ecommerce CRM software includes features found in standard CRM software and in addition it involves the functionality specific to the digital sales landscape, such as preserving customer history, tracking shipping preferences, and proposing related purchases.

It gets integrated seamlessly with your ecommerce store(s) to help you get new leads, improve your lead conversion, improve customer engagement and retention, resolve customer queries, get feedback to improve your products, and product portfolio.

    Why do you need a special CRM for your Ecommerce Business?

    Many people believe that a regular CRM software will be enough for their Ecommerce firm. 

    And why not? The market’s major companies, such as Salesforce, HubSpot, and others, offer extensive CRM capabilities for all types of enterprises, including online stores.

    But, is it a good choice for your Ecommerce business.?

    NO! They’re extremely complicated, costly, have enterprise-level features, and don’t meet all of your requirements.

    Opt for a solution that was developed with Ecommerce in mind. Ecommerce CRMs are specifically designed to satisfy the needs of online retailers.

    A specialised Ecommerce CRM platform will help you collect customer data by integrating with your existing systems such as your Ecommerce website, track your customers’ journey through your digital store, and provide you with a clear map of what marketing strategy to apply to keep them loyal to your brand.


    AuroCRM

    Fully customizable Ecommerce CRM software

    Comes with prebuilt out-of-the-box integrations with Shopify, Magento, and Woocommerce stores

    GET A FREE TRIAL

    The Benefits of Ecommerce CRM Software

    1. Get more visitors to your store

    Ecommerce CRM enables you to create a more targeted and cost-effective marketing program, especially for email marketing campaigns. You’ll be able to determine the best moment to market your product once you understand your customers’ requirements and behaviors.

    You may segment your clients and have clear visibility into which customer groups are more profitable with marketing automation provided by a CRM system. You can use this data to create relevant promos for your groups and run them at the appropriate moment. You give customers the best possible chance to visit your online business and sell better by utilizing your marketing efforts in this way.

    2. Convert Leads to Customers better

    A CRM system can help you identify potential leads easily and quickly, and categorize them accurately. By focusing on the right leads, sales can prioritize the opportunities that will close deals, and marketing can identify leads that need more nurturing and probe them to become quality leads.

    Sales and marketing can focus their attention and efforts on the correct clients when they have thorough, accurate, and centrally stored information about them.

    3. Respond to customer queries faster

    Customers today want fast and 24/7 support. The customer Support feature of an Ecommerce CRM assists you in responding to the most often requested queries providing the high-quality service that your consumers expect. Your agents can see and respond to a customer’s query instantly, using ready-made email templates in CRM software and keep a track of every engagement so they can provide clients with the answers they need.

    A customer relationship management system (CRM) can help you improve customer service, marketing, and other aspects of your business.

    4. Get feedback from customers

    Collecting consumer feedback is critical to your business’s success. Know how satisfied your clients are with your brand and stay updated with what’s hot and what’s not.

    One approach to do this is to engage in social listening and solicit feedback from your customers. From NPS surveys to tracking brand mentions and consumer behavior analytics, gather input from your customers.

    CRM platform has built-in survey tools to boost consumer feedback and develop deeper relationships. Your CRM system’s automation features will help you organize client data and keep it in one place.

    5. Build loyalty, improve retention, and drive referrals

    The more you know about your customers, the more you can strive to accommodate their needs. Ecommerce CRM offers engagement and information-gathering tools to help you learn more about your customers. This will make cross-selling and upselling opportunities clear and give you the chance to retain existing customers, get new business from them, and build loyalty.

    6. Analyze and build a better portfolio of product offerings

    An EcommerceCRM system will collect data from a wide range of sources and provides unique insights, making it much easier to evaluate your overall performance. 

    It enables you to construct reports by highlighting essential information like revenue made, leads, and the success of your marketing initiatives. With this analysis make better business decisions, improve your product portfolio, and keep your consumers satisfied with better reporting data.

    The Bottomline 

    An Ecommerce CRM platform works seamlessly with your Ecommerce store workflows and can help you move the meter on all your key ecommerce business metrics: 

    • Reduce CAC (Customer Acquisition Cost)
    • Improve ARPU (Average revenue per user)
    • Increase LTV (Lifetime Value )
    • Enhance MRR (Monthly Recurring Revenue)

    AuroCRM

    Fully customizable Ecommerce CRM software

    Comes with prebuilt out-of-the-box integrations with Shopify, Magento, and Woocommerce stores

    GET A FREE TRIAL

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    By: Karthik Iyer
    Title: What’s an Ecommerce CRM and 6 Important Reasons To Use One
    Sourced From: www.aurocrm.com/whats-an-ecommerce-crm-compelling-reasons-to-use/
    Published Date: Thu, 14 Oct 2021 17:54:16 +0000

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    Did you miss our previous article...
    https://customerrelationshipmanagement.blog/csm-tools/are-you-willing-to-invest-in-marketing