CRM, CDP, DMP ... are acronyms that we see more and more frequently in the business world. Do you know what they mean and what they entail?
Having an optimal organization of your information and knowing how to manage your clients' information well is the basis for being able to formulate successful business strategies. Due to the massification of data, various technological tools have emerged that act as allies for companies in their internal management.
Data management platforms (DMPs) , customer sms gateway taiwan management (CRM) systems , and customer data platforms (CDPs) can all play an important role in the customer lifecycle , but differentiating between them can be difficult.
check wat is customer relationship management
What is a CRM?
The goal of a CRM system is quite simple: to improve business relationships by managing interactions with existing and potential customers.
Most CRM programs are used to create a simple interface for employees to record basic customer information as well as other important details.
CRM is especially useful for marketing, sales , and service operations, as it often uses past customer data to contact new or returning customers.
CRM can serve as an analytical tool to create a sales pipeline for forecasting and improving customer satisfaction by tracking ongoing relationships. It also helps create personalized experiences based on previous interactions.
A key point when implementing a CRM solution is to be clear about the objectives that the organization wants to achieve.
Bonus: Advantages and Benefits of CRM
What is a DMP?
A DMP, or data management platform, is a software tool used primarily in advertising and marketing to build profiles of anonymous individuals, store summary data about each individual, and share their data with advertising systems.
In short, it is a platform that allows you to retrieve, centralize, manage and use customer and potential customer data.
Today's most advanced DMPs collect data from multiple touchpoints.