Customer acquisition costs are sky-high, and brand-switching has become the norm. It costs 6 to 7 times more to get new customers than to keep the ones you already have.
The saying “retain over gain” has never been more relevant. A loyal customer is a repeated revenue stream. They transform into brand advocates, amplifying trust and credibility in the market.
So, how can businesses make sure their customers stay loyal?
iCG Pay, formerly known as iCheckGateway.com, helps businesses by making payments easy and smooth. We offer different ways for customers to pay, like through mobile phones or with checks online. This means customers can choose how they want to pay.
On the other hand, Zoho CRM software helps businesses keep track of their customers. It helps companies understand what customers like, what they buy, and how often they shop. By using this information, businesses can give their customers what they want and keep them returning.
When iCG Pay's payment tools are combined with the customer information from Zoho CRM, businesses can understand and serve their customers well. We will show you how these two tools work together to keep customers happy and loyal.
Imagine you own a small coffee shop. There's Tom, who comes in every morning for his usual latte, and Violet, who stops by every weekend with her friends.
They choose your shop even though there's another one just down the street. This is customer loyalty.
When customers like Tom and Violet keep coming back, your business makes more money without you having to spend extra on advertising or special offers to get new people in the door. Investing in a good customer loyalty program software can further ensure such repeat visits.
Over time, this leads to bigger profits. Plus, when your regulars talk about how much they love your coffee to their friends, you might see new faces without spending a dime on marketing.
But let's face it: keeping these customers loyal isn't easy, especially today.
With the internet, people can find many options with just a few clicks.
For example, if someone searches for "best coffee near me," they might find five other coffee shops they've never tried before. And with online shopping, they don’t need to leave their home to try something new.
Besides, people today expect more. They want quick service, good quality, and a personal touch. They might easily jump to a competitor if they don't get these.
So, how do CRM solutions help?
Think of Zoho CRM as a smart notebook. Instead of just names and numbers, this notebook remembers what customers like, when they last visited, and even their favorite order.
With such information, the next time Violet comes into the coffee shop, you could surprise her by suggesting a new dessert that goes well with her usual drink. Or if Tom missed his morning coffee one day, you could send him a message with a special offer to bring him back.
In short, using a CRM tool lets you know what your customers want and make them feel special. This keeps them returning and helps the business succeed in the long run.
If you're using Zoho CRM, you're already a step ahead in understanding your customers. This tool helps you track who your customers are, what they like, and how often they buy from you.
Yet, every aspect of the customer journey must be honed to perfection for a business to truly excel, from initial interest to post-sale interactions.
iCG Pay bridges this gap. We offer specialized solutions that seamlessly integrate with Zoho CRM, enhancing customer engagement at every touchpoint.
This means the process is smooth when a customer decides to buy something, from choosing the product to making the payment.
Here are some ways iCG Pay improves things for Zoho CRM users:
With the right Zoho Integration, especially when you pair Zoho CRM with iCG Pay's payment solutions, you give your customers an easy and safe way to pay. This helps you get paid faster and makes your customers happier.
And as we know, happy customers often become loyal customers.
If you're a business owner or a decision-maker, understanding the power of strategic partnerships is crucial.
Research shows that companies with mature partnerships grow revenue nearly 2x faster.
So, let’s say you're using Zoho CRM to help you manage customer relationships more effectively. You have access to detailed profiles, communication history, and the power of Zoho Thrive to boost your marketing efforts.
Now, blend in iCG Pay, a powerhouse of payment processing.
Here's what this integration will look like:
Integrating Zoho CRM with iCG Pay isn't just about blending two tools. It's about synergizing the power of customer relationship management with versatile payment processing.
It's about making every interaction with your customer streamlined, personal, and data-driven.
How do you ensure every customer interaction is memorable enough to keep them coming back?
One is tailoring your interactions to the individual customer’s needs and preferences. Customers are more likely to remain loyal when they feel seen and understood.
This personalized approach goes beyond merely emailing them by their first name. It involves understanding their buying habits, preferences, and past interactions with your brand.
With Zoho CRM's ability to capture detailed customer profiles and iCG Pay’s payment processing insights, you can craft tailored marketing campaigns.
For instance, if a customer recently made a purchase and preferred ACH processing over credit card payments, you write them a follow-up email offering related products or services, coupled with the convenience of their preferred payment method. This acknowledges their preference and encourages further engagement.
Here are more ways to boost customer loyalty through integrating iCG Pay and Zoho CRM:
Having a unified view of the customer means your support team doesn’t have to jump between platforms to gather information.
When a customer reaches out with an issue, the team can quickly view their transaction history, previous complaints, or feedback. That results in faster problem resolution, a huge win for customers.
Imagine customers logging into your platform, and based on their purchase history and preferences (data pulled from both Zoho and iCG Pay), they get product recommendations or service upgrades tailored just for them.
Such experiences make customers feel valued and understood, reinforcing their loyalty to your brand.
Some tangible benefits businesses have reaped by integrating their CRM with payment solutions include:
As the numbers show, the magic lies in integration. Leveraging the combined power of Zoho CRM and iCG Pay simplifies business processes and directly contributes to nurturing customer relationships.
In the long run, these loyal customers become your brand's champions, driving consistent growth and ensuring sustainability.
In a CRM, every click, transaction, and interaction is recorded. Therefore, data security stands at the forefront of customer engagement activities.
Every feedback a customer provides comes with the implicit trust that their data will remain safe.
Data breaches are costly. According to IBM, as of April 2023, the average cost of a data breach in the U.S. reached $9.44 million.
Breaches risk customer trust and also lead to substantial financial and reputational losses. Data security isn't just a technical requirement. It's a pillar of customer trust and loyalty.
With such high stakes, iCG Pay's dedication to data security shines even brighter.
As a Level 1 PCI-DSS certified service provider, our dedication to safeguarding customer's data is unquestionable. We employ state-of-the-art security measures like tokenization, end-to-end encryption, and iFrame implementation.
These measures and advanced features like anti-bot measures and payment method restrictions ensure that data passing through our systems remains secure.
Beyond the technology, iCG Pay strictly adheres to global standards like GDPR and CCPA and industry benchmarks like PCI-DSS and Nacha.
When businesses choose to integrate Zoho CRM with iCG Pay, they clearly tell their customers: "Your data is invaluable, and we are committed to protecting it."
Loyal customers are the foundation of any thriving business. And the statistics support this, showing that it's easier and more cost-effective to retain an existing customer than to acquire a new one.
By combining the efficient payment processing of iCG Pay with the data-rich capabilities of Zoho CRM, you're crafting a tailored experience for every individual customer.
Imagine a scenario where, after a purchase, your system already knows to offer a special discount to a repeat customer. Or perhaps it recognizes when someone's been browsing and nudges them with just the right incentive. These possibilities are within reach.
Schedule a discovery call with us and explore how iCG Pay and Zoho CRM can be your partners in achieving that. Every step forward is a step towards a more loyal customer base.