Question: Read the article below: summarize it. Not looking for a short response. Amazon's CRM strategy: the secret to success We see our customers as invited
Read the article below: summarize it. Not looking for a short response.
Amazon's CRM strategy: the secret to success
"We see our customers as invited guests to a party, and we are the hosts. It's our job every day to make every important aspect of the customer experience a little bit better."
-Jeff Bezos, founder and CEO of Amazon
A strong emphasis on the customer is the foundation of Amazon's success - and it's the company's intelligent use of CRM that has enabled this. Developed in-house, Amazon's CRM software captures customer data at the point of purchase, which it uses to instantly customise its users' online experience.
So why do customers keep coming back? Well, Amazon's interface is simple and easy to use. You can view your own order history and how much you've been spending, and returns are handled swiftly through the system. Re-ordering is a breeze, and you can track your purchase through every stage of the delivery process.
All of this is down to how Amazon has managed to overcomecommon CRM problems, as well as the ecommerce giant's intuitive use of CRM software. Let's take a look at how it works.
Top 5 ways Amazon uses CRM
1. Tailored offers and promotions
When you buy something on Amazon for the first time, Amazon asks you to set up an account. Why? Because it makes for a smoother and more personalised experience, as you'll get recommendations based on your interests.
This allows Amazon to tap back into what you like and sell to you on an ongoing basis. Amazon's CRM brings you tailored offers and promotions based on your past purchases - a popular approach to CRM that's also well-utilised by the likes ofAppleand Uber.
2. Personal data collection and storage
Amazon's CRM stores your personal and payment details when you have an account to buy something. And no, it's not for any sinister, shadowy purposes (we hope!) - it simply makes it that much easier for you to purchase again. You can order with one click - knowing that your personal data is protected byAmazon Pay'sindustry-leading fraud prevention tools - and have your item arrive the next day.
With that in mind, it's not hard to see why Amazon are crushing the competition.
3. Recommendations
Another great thing about Amazon's CRM? The recommended products feature. When you're logged in, Amazon will recommend products that might interest you based on your past purchases. You can also check out what people viewing an item also bought, and explore related products with ease. Offering these temptations without pressuring the customer is what's helping Amazon turn over billions every year.
4. Customer support
The big one. You can deal with almost every issue you might have as an Amazon customer through your account. The returns process is all dealt with online too. And if there's something that does require you to speak with a customer service assistant? CRM to the rescue again. Any Amazon staff you speak to will have your details at the ready, meaning quick and efficient resolution to all problems - and more satisfied customers.
5. Evolution of services
Amazon's use of CRM has been influential in the growth of its services. Its dedication to its customers led to the invention of the Kindle, while Amazon's online Kindle Marketplace offers a tailored experience with unique book suggestions.
Amazon Prime Video has also become one of the biggest streaming services out there. It offers hand-picked film and TV choices for each customer, which wouldn't be possible without CRM.
Want more? Discover how CRM is redefining the success ofother major brands.
What's next?
Customer Relationship Management (CRM) has been instrumental to Amazon's continued growth and success. Given this, how can youapplyCRM principlesto drive your own business?Better yet, how can you find the CRM system that fits the unique needs of your company?
Easy. Simply provide us with a few details about your requirements, such as what (if any) contact management software you're currently using, how many users will need access to your CRM system, and which features are most crucial to your business' operations. You can get started by selecting one of the options below.
It takes a minute in all, and makes comparing quotes from top CRM suppliers as quick and easy as one-click ordering. You might even get same-day delivery!
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