Customer Relationship Management (CRM) is a tool companies
use to manage their relationships and interactions with their customers. Using
a CRM system enables businesses to collate information from their various
customer service streams. These systems allow merchants to see everything about
their customers in one place. This includes their history with the company in
question, the status of any orders, and even information drawn from their
social media accounts. It takes CRM to the next level: Social CRM (SCRM).
Traditional CRM is designed to manage the customer
relationship through conventional channels. On the other hand, SCRM gives the
consumer more control. In an IBM Institute for Business Value study by Carolyn
Heller Baird and Gautam Parasnis, titled From Social Media to Social CRM, the
authors found that: “Traditional CRM strategy focuses on management solutions
for channels such as corporate Web sites, call centers, and brick and mortar
locations. With Social CRM, these strategies now take into account the dynamics
of the community-based environment that defines social media – an environment
in which control of the relationship has shifted to the customer, who has the
power to influence others in his or her social network.”
With this in mind, companies have taken a big leap towards
tapping social media for marketing. Many of these believe social media will
transform the way their business works. Unfortunately, many companies that have
embraced the use of social media in their business are not using the platforms
to their full potential. This is partly because many businesses confuse social
media strategy with social CRM strategy. In actual fact, these two are very
different. The key difference is the integration and approach for engaging
customers.
Moxian, Inc. (OTCQB: MOXC) integrates social media,
entertainment and business intelligence. The social marketing and promotion
platform helps merchants accelerate business growth through social media.
Leveraging over 100 years of combined experience, the company has developed a
Multi-Channel Social Commerce Platform that uses a variety of its own tools to
generate data for businesses. Moxian’s proprietary Social Customer Relationship
Management platform works in a way that helps merchants and consumers interact.
The Moxian+ Business App has built-in SCRM, allowing merchants to push a
variety of promotions and marketing campaigns that, in turn, generate
personalized reports.
For more information, visit the company’s website at
www.Moxian.com
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