January 25 2019
WAV Group recently fielded its WAV Group 2019 CRM Effectiveness Study. The study distributed to 71,581 brokers across the country, clearly demonstrated that Client Relationship Management (CRM) solutions are becoming mainstream.
CRMs are becoming mainstream
More than two-thirds of respondents now offer one or more CRM solutions.
CRMs generate business
Sixty percent of broker respondents believe that CRM software helps increase their revenues.
CRMs help recruit and retain agents
Forty percent of broker respondents believe CRMs help their recruiting and retention efforts.
Standalone solutions work best
Satisfaction with standalone solutions is highest because agent adoption, satisfaction and productivity is higher than those that only use light CRM solutions included within other broker tools.
The study showed that brokers now believe CRM software is one of the three most powerful marketing tools available today because of its ability to encourage consistent sales activity at all stages of the sales process.
CRM has become the foundation of broker solutions
Nearly 33 percent of broker respondents say that CRM is their top training priority. Here are some of the reasons why brokers place so much importance on CRM training:
"Our CRM is at the center of our entire system. It's the heart of the system around which everything else orbits."
"We have a strong lead gen platform and agents have a very solid flow of leads into the platform. If they work the system which we have set up, they will close transactions."
CRMs deliver a series of benefits
You can review results from the study here.
To view the original article, visit the WAV Group blog.