What Is a CRM?

Definition

A CRM (customer relationship management) system is the central database where a business stores and manages its interactions with prospects and customers — contacts, companies, deals and activities. It gives Sales, Marketing and Service one shared, up-to-date view of every relationship.

Key takeaways

  • A CRM centralizes all customer data and interactions in one system of record.
  • It connects Marketing, Sales and Service around a single view of each relationship.
  • Modern CRMs like HubSpot add automation, reporting and AI on top of the database.

What a CRM stores

  • Contacts and companies — the people and organizations you deal with
  • Deals — open and closed revenue opportunities
  • Tickets — support and service interactions
  • Activities — emails, calls, meetings and notes

Why it matters

Without a CRM, customer knowledge lives in inboxes, spreadsheets and people's heads. A CRM makes it shared and durable, so a handoff, a forecast or a renewal doesn't depend on one person remembering the details.

Frequently asked questions

What does CRM stand for?

Customer relationship management — both the practice of managing customer relationships and the software used to do it.

What is a CRM used for?

Storing customer data, tracking deals and activities, automating follow-up, and reporting on the funnel — giving every customer-facing team one shared view.

Is HubSpot a CRM?

Yes. HubSpot is a CRM platform with Marketing, Sales, Service, Content and Operations hubs built on one shared Smart CRM data layer.

Related service: Implement HubSpot CRM with Superwork

Related terms