Customer relationship management is no longer as simple as providing service to customers. Today, companies must dig deeper to understand customer needs and must look at everything from the customer’s point of view and gain insight into the customers perspective. It is important that businesses not only understand customers but also interact with customers. Social media is no longer a separate tool for business but a necessity needed to gain full knowledge on customer thoughts and habits. Businesses will have to break down their traditional structures in order to become more flexible and responsive to the customer. Digital tools including apps and social media websites will become a vital part in this movement making it so that social media and CRM are one in the same. These platforms such as Twitter, Facebook, Instagram, MLeads and more are already being utilized by companies today, allowing them to begin a conversation with their customers. Managing customers with CRM and social media tools is now a huge part of business. As the industry grows, these tools will only become more vital.

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