The following are the pros of using an Education CRM:
We have listed a few of the key Pros of an Education CRM. However, there could be more.
Sales Productivity
1. Automate repetitive tasks so that sales employees spend less time in data entry & more time on getting more admissions and enrollments.
2. How Education CRM can help you:
– 11% to 60% increase in sales productivity.
Sales Pipeline Optimization
1. How Education CRM can help you:
– 4% to 22% decreased sales cycle.
– 4% to 28% higher conversion rates.
– 3. 5% to 37% improvement in student retention.
Sales Target Management
1. Know the status of sales targets being achieved & balance by both your institute and sales people.
2. How Education CRM can help you:
– 1. 5% to 35% higher annual growth rate.
– 2. 7% to 47% revenue increase per sales person.
Lead Management
1. Effectively manage, assign & converting prospects.
2. Map the conversions and knowing your institute’s prospective revenue.
3. How Education CRM can help you:
– 15% to 39% improvement in student enrollment rates.
Follow up Automation & Sales process Streamlining
1. Never skip a student inquiry, schedule sales follow ups, consultations & set reminders for the same.
2. Save time by using one software for sales and follow up activities.
3. How Education CRM can help you:
– 4% to 55% decreased sales & marketing costs.
Data Management & Security
1. Have a data storage of all your prospects, students, courses / services and sales.
2. Have no data loss when employees leave your institute.
3. Saved time and effort in fetching prospect & student details.
Data Analysis
1. Getting precise & real time analytics about:
– Sales
– Prospects
– Courses / Services
– Students and much more.
The following are some cons of Education CRM:
You may experience these due to any flaws in the Education CRM installation, implementation and / or usage:
1. Invest time & efforts to analyze and document the following:
– Business process
– Sales cycles
– Short comings in your current process
– Technical & functional requirements in the Education CRM
2. There could be failure in adopting the Education CRM if you have not allocated a person in charge to ensure:
– The employees know how to use the Education CRM
– The Education CRM is being used in a set routine
3. The cost of an Education CRM could be a restraint.
Conclusion:
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