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June 15th, 2021 by admin
![]() Introduction Before we get down to the topics detailed above, any organization looking for software to support infrastructure should know software solutions are considered intangible fixed assets. Whenever the owning entity controls those assets through custody or legal rights (i.e. patent, copyright, licensing) – and because they normally provide benefits to the end user for longer than one year, they are also considered to be capital assets. Thus, expenditures on software/development resulting in the creation of a capital asset, are capital expenditures. This is a great way to justify costs and understand the true value of a CRM. Many Owners or C-Level decision makers overlook this detail when realizing the depth of a software solution. Takeaway: CRM is a capital asset in execution and expense!
This fundamental discovery process is based on understanding our potential client’s (Prospects) knowledge base and the depth of the software. Most of the time CRM searches start out very narrow, typically rooted in a few superficial features and function interests (Mobile and Simple to use). Because companies don’t know what they don’t know, I comprehensively drive toward a focus on Revenue creation strategy. Ultimately the standard of a successful investment is the return it brings. Takeaway: Know where you’re going! Overall development services and training are based on predicted hours. Our project team and training staff give estimates based on scope of defined work. We outline project plans to quantify task hours, then summarize the total hours to offer blocks of time at discounted rates. Validating and navigating the purchase phase is a combination of understanding software capability, company awareness and the organization of an internal project team. We certainly can determine some type of price early in the purchase cycle but because of the nature of CRM deployments, understanding what we charge for gives a global understanding of the total project impact. Takeaway: Know what and why you’re buying! Closing Finally, the cost of a CRM purchase has an unknown value associated with it. To minimize cost, consider people and business processes to define a solid go forward strategy. Once these 3 internal tenants are determined, search for a right fit solution. The price of the product and implementation is a fraction of the cost a company can incur due to a haphazard deployment. Defining system activities measured against progress goals influences buy in. A scaling operation has exponential Return On Investment, so define how CRM equates to Revenue on the P&L Statement. Takeaway: If activity drives progress then CRM scales Revenue! Want to get to know more about Infor CRM? Learn Here Or reach out to us at support@simplesoft.net
Simplesoft Solutions, Inc. is a customer relationship management (CRM) business consulting and software development firm in Cincinnati/Dayton OH surrounding areas. We provide implementation, integration, development and training for Infor CloudSuite CRM (formerly Saleslogix). We have built our business on an ability to creatively adapt CRM to meet the varying needs of our customers’ businesses. We have been helping our customers develop stronger relationships with their customers through improved sales, marketing, customer service, and support processes since 1994.
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June 30th, 2020 by Jessica Wert
![]() Don’t let your data go down a black hole. Keeping data clean and useful in CRM’s is usually a tough task for companies. You have multiple departments and users accessing and using the data. Simplesoft Solutions assigning someone at your company to be a Data Steward. Who are data stewards? Why do you need data stewards? What qualities should a data steward have? Related Blog Posts: Keeping Data Clean – Bulk Updates Follow the Keeping Data Clean series, subscribe to our blog
Simplesoft Solutions, Inc. is a customer relationship management (CRM) business consulting and software development firm in Cincinnati/Dayton OH surrounding areas. We provide implementation, integration, development and training for Infor CRM (formerly Saleslogix). We have built our business on an ability to creatively adapt CRM to meet the varying needs of our customers’ businesses. We have been helping our customers develop stronger relationships with their customers through improved sales, marketing, customer service, and support processes since 1994. Comments Off on Keeping Data Clean – Infor CRM Data Steward
August 29th, 2019 by admin
![]() As time has progressed, I feel like people understand less and less the differences between Marketing and Sales. For some reason companies twist the two together thinking they’re optimizing the organizations ability to create sales. With snazzy phrases like “Synergistic Approach” and “LEAN Management Structure”, the current trend is do more with less, to keep costs low. The reality is NOT concentrated effort, these cost saving measures are actually diluting and fragmenting a customers ability to Know, Like and Trust. Let’s look at the difference between Marketing and Sales. *Terms to Know
An organizations ability to convey a value proposition to potential customers, drawing them in, is created ahead of any sales process. Marketing should be focused on generating interest with engaging, creative campaigns, projecting information to targeted audiences. Broadcasting the various products and services an organization offers, Marketing creates a stir catching the potential customers eye. By informing audiences of a businesses offering, Marketing should have a distinct goal of landing a prospect in front of Sales people at a particular Stage and Task in the sales process. Many people describe this as a “Warm” Lead. This preliminary introduction is designed to help “Suspects” get to know an organization. Building rapport and ushering potential customers into a certain level of curiosity, Marketing supports purposeful advertising campaigns. Depending on the communication channel (Email, Facebook, LinkedIn, YouTube, Radio, TV, Smoke Signals, Sky Writing), audiences typically are not going to purchase in this phase. As the psychology goes, a certain level of awareness is necessary before a “Suspect” to “Prospect” transition can be made. By honing buying motives, Marketing prepares potential customers for product offering and the upcoming sales process. A few times a week somebody approaches me as an expert in sales, telling me their tactics are the driving force behind winning customers. This could be true, however if the “Suspect” in transition is properly vetted then polished Salespeople should be carrying the customer journey momentum forward. Sure, tactics are important, moreover the value proposition presented to the “Prospect” should seed the idea of purchase. As Sales collaborates with Marketing to target audience or the “Perfect Customer”, a complimentary sales process to the value proposition, should be in line with the steps a customer needs to make a purchase. Zooming out to take the long view, we notice sales process spends the shortest amount of time in the customer journey. If designed correctly, Marketing and Customer Service tend to be the longer cycle times of all the area’s in the journey. The product/service definition and delivery tend to dominate the time companies interact with customers. Sales should be tactically superior by design, so Marketing can depend on execution and downline production delivers on Sales promises. Understanding Marketing and Sales have distinctly different characteristics is really important as organizations evolve. “Tried and true” tactics certainly draw customers in but clearly defining workflow creates space for better targeting, supported customer journey and down stream product/service support. Looking at Marketing as priming for Sales ignition draws an illustration for the mechanics of making business engines run. Developing a Known, Liked and Trusted model reflects how customer journey drives clients buy-in as trusted advisers in a companies subject matter expertise.
Simplesoft Solutions, Inc. is a customer relationship management (CRM) business consulting and software development firm in Cincinnati/Dayton OH surrounding areas. We provide implementation, integration, development and training for Infor CRM (formerly Saleslogix). We have built our business on an ability to creatively adapt CRM to meet the varying needs of our customers’ businesses. We have been helping our customers develop stronger relationships with their customers through improved sales, marketing, customer service, and support processes since 1994.
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