In this webinar, our experts showcase a variety of demo use cases of how different components of the...
In an earlier post, we defined relationship-based marketing and why it's an important strategy for modern marketing. Let's assume you buy into this concept, and now you want to know what this looks like in practice. How exactly do you execute successful relationship-based marketing to build trust with your customers?
A few years ago, an infographic went viral that rated various facial hair styles on a scale of trustworthiness, where full beards were ranked as very trustworthy (i.e., Santa Claus) and thick, square mustaches were ranked as very untrustworthy (i.e., Hitler).
Where does clean-shaven Joe CRM fall on the scale?
When you are attempting to establish trust, you want to be Santa Claus-level trustworthy. You want a thick, full beard that makes your customers feel you are a reliable, upstanding company that provides a fair value for their investment.
We've got some great examples of how to implement relationship-based marketing. Without further ado, here are some general strategies and some specific actions you can take to grow a lustrous beard.
Be proactive and responsive to customer questions and concerns.
Let customers know their input is valuable.
Help your customers get the most out of your products and services.
Foster mutually beneficial relationships.
Reward loyalty.
Tailor your messaging to the individual.
So…where does CRM fit in?
Relationship marketing is infinitely easier with customer relationship management software (CRM). CRM is smart and versatile enough to automate many of the processes that are describe above. That's why CRM is becoming such an integral part for not only sales, but marketing and customer service as well. It allows organizations to get a 360-degree view of the customer so that all interactions can be tailored to their unique wants and needs.
PowerObjects has several case studies that showcase specifically how Microsoft Dynamics CRM can be used for relationship-based marketing. Check them out to see how each of these companies uses Microsoft Dynamics CRM to execute relationship-based marketing strategies:
Feel free to chime in—what are some great examples of relationship-based marketing that you've experienced or implemented in your own business?
Happy CRM'ing!