Over the last one decade, social media has changed the
definition of traditional CRM. Before, it was just a one way communication process.
But emergence of social media and its maximum utility for CRM had made it a
two-way communication channel. This evolved the concept of sCRM or Social CRM.
As per Paul Greenberg, “Social
CRM is a philosophy and a business strategy, supported by a technology
platform, business rules, workflow, processes and social characteristics,
designed to engage the customer in a collaborative conversation in order to
provide mutually beneficial value in a trusted and transparent business
environment. It’s the company’s response to the customer’s ownership of the
conversation.”
Why sCRM is crucial in terms of your brand perception? Because
it is spontaneous…………….. If you do not engage a monitoring system or do not
keep a close eye on the developments, you might loose your brand loyalty. At
the same time, if you keep your customers engaged with your product/brand and you have a real-time tracking system of your brand’s performance, sCRM
can create a win-win situation for you as well your customers.
sCRM is more than just engaging your customers or prospects
to your product’s/brand’s microsites or Twitter/Facebook pages or building communities
or blog pages. It is not only about social listening or creating a media buzz
through your PR agencies. sCRM is a mix of all.
Say, you have engaged your customers through these channels.
Now, the challenge is how do you monitor the activities. Is it through some
enterprise listening software? Or, some third party service providers? Or self?
Well, it is again a mix of all.
Now, the next challenge you might face is your customer’s
identity in social media portals. Most often you face the issue of multiple
identities of your customers. So, you should have a technology or a practice to
integrate multiple identities (Identity Management).
sCRM is all about creating a collaborative environment, both
internally and externally. The key to sCRM success is to understand the issues/challenges
pertaining to your product or brand and solving them with customer engagement
and interaction in a process-driven way.