News & Blog

5 Notable CRM Trends in 2024

News & Blog

1. The AI Boom According to forecasts, 80% of businesses will implement AI in CRM by 2024. AI offers numerous benefits for businesses, including:

  • Automating processes: AI helps automate repetitive, manual tasks, saving time and costs for businesses. For example, AI can automatically categorize emails, schedule appointments, or generate reports.
  • Personalizing customer experience: AI analyzes customer data to offer personalized recommendations tailored to individual needs and preferences. This enhances customer satisfaction and engagement with the business.
  • Predicting customer behavior: AI can analyze past data to forecast future customer behavior, enabling businesses to devise more effective marketing strategies, attract, and retain potential customers.

2. Multichannel CRM Thrives 72% of customers use various communication channels to interact with businesses. Hence, implementing multichannel CRM is essential to deliver a seamless customer experience across all interaction platforms, from websites, emails, and social media to messages. Multichannel CRM offers businesses:

  • Increased customer reach: Companies can engage customers across multiple channels, enhancing visibility and capturing their attention.
  • Better understanding of customer needs: Multichannel data analysis helps businesses better understand customer behavior and needs, allowing for more tailored products and services.
  • Improved customer service: Multichannel CRM enables businesses to provide faster and more effective customer service, addressing issues promptly.

3. Social CRM Ascends 78% of consumers purchase from brands they interact with on social media. Social CRM helps businesses listen to and understand their customers on social platforms, interact directly, and build strong relationships. Social CRM offers businesses:

  • Enhanced marketing efficiency: Social CRM helps attract potential customers, increase engagement, and drive more shares on social platforms.
  • Improved customer service: It enables businesses to quickly and effectively resolve customer complaints, boosting satisfaction.
  • Brand building: Social CRM helps businesses build a reputable and professional brand image on social media.

4. Mobile CRM Leads 60% of businesses use mobile CRM. Mobile CRM helps companies:

  • Manage customer information and interactions anywhere, anytime.
  • Update data in real-time, supporting effective sales and customer service.
  • Enhance productivity and flexibility for employees.

5. IoT Connecting Customers 75% of businesses plan to implement IoT in CRM by 2024. IoT collects data from smart devices, helping businesses better understand customer needs and personalize their experiences. IoT offers businesses:

  • Improved customer service: IoT enables businesses to predict customer needs and offer services before they’re requested.
  • Product development: IoT helps collect data on how customers use products, driving the development of new products that meet market needs.
  • Operational efficiency: IoT helps businesses automate processes and optimize operational efficiency.

Advice:

  • Choose the right CRM solution: Businesses should choose a CRM solution suitable for their size, industry, and budget.
  • Train employees: It’s essential to train employees to use CRM effectively to maximize the benefits of the technology.
  • Consult reliable sources: Stay updated on the latest CRM trends by consulting reputable information sources.

Grasping CRM trends in 2024 can help businesses:

  • Increase operational efficiency by 20%
  • Boost competitiveness by 30%
  • Attract 40% more potential customers

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