Table of Contents
Customers are the lifeblood of any company. If you want to achieve long-term success, it is imperative to manage that relationship. But that does not imply that every CRM software is a wise investment.
What is a CRM?
Customer Relationship Management – CRM assists you manage all of your business’s interactions and relationships with current and potential clients. A CRM system, a tool that aids in contact management, sales management, productivity, and other areas, is what most people mean when they mention CRM.
With the aid of a CRM solution, you can concentrate on the relationships that your business has with specific people, such as clients, service users, employees, or suppliers, over the course of the relationship’s lifecycle. This includes attracting new clients, earning their business, and providing ongoing support and other services.
What is B2C CRM?
B2C customer relationship management software enables you to supercharge your outreach and lead conversion efforts. Automate your busywork, unify data sources and track critical marketing metrics from a single platform.
As the name implies, the primary focus of CRM is the customer, and given that B2C firms often have a significantly bigger number of clients than B2C enterprises, it becomes much more challenging to keep track of each client’s history and preferences. The same goes for creating customised, targeted messaging for each candidate, a task that is practically unachievable without computer assistance. Additionally, being able to emotionally connect with prospects through focused marketing initiatives and social media posts can significantly affect client acquisition and retention.
B2C CRM software enables companies to establish genuine ties with their prospects, which is essential for B2C success given the weight placed on each individual candidate experience.
What is B2B CRM and B2C CRM?
B2B CRM and B2C CRM software are not interchangeable and have whole different use cases to themselves.
Majority of conventional CRMs were created primarily to support B2B organisations.
B2B CRMs generally connect with marketing technologies to nurture prospects over the duration of a protracted sales funnel. They are clearly designed to assist salespeople in managing prolonged, largely predictable sales cycles.
Even so, many B2C marketers continue to push B2B CRMs to accommodate their very distinct business requirements. But it was evident that a solution designed specifically for B2B sales wasn’t working, and B2C CRMs emerged to meet the needs of businesses who sell to individual consumers rather than huge organisations.
EdTech CRM: How is B2C EdTech CRM Different from B2B CRM?
Best B2C CRM: The Defacto Choice for all – NoPaperForms’ B2C CRM
Due to the fact that it established the current benchmark for what an Enrolment CRM should be able to perform, NoPaperForms has long been acknowledged as the market leader in the Education Industry. Its reporting features make use of interactive and customised dashboards and data visualisation so that decision-makers and other users can get the broad or narrow view of the data they need.
B2C CRM is a strong, efficient tool for enhancing customer experience, maintaining relationships, tracking data, and fostering coordination among departments. Leveraging an industry specific CRM is the secret to B2C success, considering that customer satisfaction, contact management, data tracking, and coordination are undoubtedly the defining characteristics of any educational organisation.
Key Distinction Factor Between B2C CRM & B2B CRM for an EdTech Business
Topic | B2C CRM | B2B CRM |
---|---|---|
Business Objective
|
Suitable for businesses selling direct to decision maker
|
Suitable for businesses selling to organisations
|
Short and fast moving sales cycle
|
Typically involves long and complex cycle
|
|
Used by large call centre teams & on field agents
|
Mostly used by sales representatives
|
|
Customer Journey
|
Deep focus on Customer touchpoints
|
Simple journey from Lead-in to conversion
|
Complex Enrolment Journey
|
Focus on identifying more contacts within the organisation
|
|
Journey revolves around deal stages, quota, proposal
|
||
Customer Portal
|
Student Enrolment Portal to collect applications, documents, payments on one platform
|
No Provision
|
Focus is on giving experience to the students
|
Handled by adding new fields for every aspect
|
|
Payment System
|
Payment Links
|
|
Configurable Workflow Builders
|
No conditional workflows
|
|
Real Time Visibility to call centre teams
|
Broken end customer journey
|
How to Select the Best CRM for Your Business?
Every vertical needs a different type of CRM, identifying what aligns best with your business. Between the two forms of CRM, there is a distinct difference. And given that you are now aware of all the distinctions between a B2B CRM and a B2C CRM, why would you attempt to push your organisation to use a system that isn’t designed for your market? It is evident that B2B marketers have their own software, whereas B2C marketers want a CRM of their own, one that is tailored to meet their unique requirements.
While looking for a CRM, you should make sure to:
- Determine Your Goals: Recognize the problem that a CRM is meant to solve.
- Recognise how it is Implemented: Do not undervalue the impact of implementation as it may result in significant costs and time away from your teams’ present duties.
- Get ready for user Acceptance: Put your salespeople at rest by acknowledging that since they control the personal relationship with the customer, they are not in danger of losing or sharing their customers with others.
- Be aware of Product Mobility: A tool that can be accessible from a range of web-enabled devices is what you should look for.
- Organise Your Procedures: You want a CRM that can expand along with your company and change with your procedures without needing to be changed.
- Review the Software Compatibility with Current Versions: Verify that the CRM system you select can communicate with other systems you already use.
- Investigate the Product Demo: Accessing a product demonstration is critical, but using the demo is even more crucial.
- Enquire Regarding Reporting Capabilities: Your wins, losses, and possibilities for progress will be highlighted by the ability to create personalised reports based on your particular data.
Every business vertical needs a different type of CRM that aligns best with their business. For an EdTech business a B2C CRM is just the right choice that brings the desired value, at its core, to streamline your collaboration with candidates on various stages.
Make the best decision for your business right away by switching to NoPaperForms’ B2C EdTech CRM. Schedule a demo right away!
Also Read –