Jewellery CRM pros and cons
The following are the pros of using a Jewellery CRM:
We have listed a few of the dominant Pros of a Jewellery CRM. However, there could be more.
Sales Productivity
1. Automate recurring tasks so that sales employees spend less time in data entry & more time on actually selling jewellery.
2. How Jewellery CRM can help you:
– 11% to 60% increase in sales productivity.
Sales Pipeline Optimization
1. How Jewellery CRM can help you:
– 4% to 22% decreased sales cycle.
– 4% to 28% higher conversion rates.
– 3. 5% to 37% improvement in customer retention.
Lead Management
1. Effectively managing, assigning & converting leads.
2. Map the conversions of prospective customers and know the expected revenue.
3. How Jewellery CRM can help you:
– 15% to 39% improvement in lead conversion rates.
Sales Target Management
1. Know the status of sales targets being achieved & balance by both your Jewellery showroom and sales people.
2. How Jewellery CRM can help you:
– 1. 5% to 35% higher annual growth rate.
– 2. 7% to 47% revenue increase per sales person.
Follow up Automation & Sales process Streamlining
1. Never miss out on a prospective customer, schedule sales follow ups, showroom visits & set reminders for the same.
2. Save time by using one software for sales and follow up activities.
3. How Jewellery CRM can help you:
– 4% to 55% decreased sales & marketing costs.
Data Management & Security
1. Maintain a database of all your leads, clients, jewellery and sales in one location.
2. Have no data loss when employees leave your organization.
3. Save time and effort in accessing lead & client details.
Data Analysis
1. Getting concise & real time analytics about:
– Sales
– Leads
– Jewellery Products
– Clients and much more.
The following are some cons of Jewellery CRM:
You may experience these due to any flaws in the installation, implementation and / or usage of the Jewellery CRM:
1. Invest time & efforts to analyze and document the following:
– Business process
– Sales cycles
– Drawbacks in your existing process
– Technical & functional requirements in the Jewellery CRM
2. There could be failure in adopting the Jewellery CRM if you have not assigned an executive as charge to ensure:
– The employees know how to use the Jewellery CRM
– The Jewellery CRM is being used religiously
3. The price of the Jewellery CRM could seem like an accessory expense.
Conclusion:
Get to know all the pros & cons of a Jewellery CRM here!
For more resourceful reads,check out Jewellery CRM category.
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