Microsoft Dynamics CRM






Archive for February, 2007



How Important Is CRM?

Posted in Microsoft CRM | February 8th, 2007 | No Comments »

Is CRM important for your business? That’s a question you iwll have to answer for yourself, but if you have customers, and you track their buying habits, the demographic, etc - and you’re doing it WITHOUT CRM, then I would say that you definitely will see a big improvement when you finally do implement CRM.

This quote from Steven R Taylor:

“CRM involves gathering a lot of data about the customer. The data is then used to facilitate customer service transactions by making the information needed to resolve the issue or concern readily available to those dealing with the customers. This results in more satisfied customers, a more profitable business and more resources available to the support staff. Furthermore, CRM Customer Relationship Management systems are a great help to the management in deciding on the future course of the company.”

There’s nothing much more to say, really… CRM IS important!

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Who Needs CRM?

Posted in Microsoft CRM | February 7th, 2007 | No Comments »

Who needs CRM software? Any business involved in sales and customer management. You might think that’s obvious, and of course it is, but sometimes we don’t stop to think exactly WHO needs CRM.

Why is CRM necessary for a small business? (we all know that the big boys already have it…) Well, according to Rama Krishna, It’s essential because it provides:

  • Secure collection and analysis of vital customer information.
  • Integration and availability of mission critical data, without the time of space constraint.
  • Sales when automated synchronizes with the changing trends, facilitates quicker time to market product-centric services.
  • Professional cost-effective marketing strategies, which in-turn will ensures quicker turn-around time to customer-centric services.
  • Fully scalable web-based feature-rich streamlined approach.
  • Innovative mission-critical data warehouse provisions at low risk

You need CRM, for without it you are going nowhere.

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CRM the Savior

Posted in Microsoft CRM | February 6th, 2007 | No Comments »

It’s a fact that many businesses in the early stages of collapse will cling to anything that seems to offer new hope. Like the drowning man, any straw is at least a hope of salvation.

CRM seems to be in the “straw” category. Companies that should be looking elsewhere for a means to prop up bad practices, often look to new technoligies such as CRM in desperation.

As Ross Bainbridge says, “It is a well known fact that software alone will not single-handedly save the fate of a business. A business needs a competent management team who make the right decisions, and having the right information is vital to the decision-making process.”

Yes, buy into CRM by all means, but be sure that you want it for the right reasons, and not that you simply want to deflect attention on what is wrong with the company. And if you are getting CRM anyway, then make the best choice you can make.

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CRM - Software or Strategy? (part 3)

Posted in Microsoft CRM | February 5th, 2007 | No Comments »

The real advantage of today’s CRM programs is not really all the bells and whistles, of which there are a bewildering array available on most commercial programs, but rather it is the ability to filter data and produce any number of meaningful reports skewed in any way that is desirable. This kind of reporting could certainly be done before, but it took a painstakingly long time, and therefore tended not to happen.

Producing all kinds of reports and analytics enables the operator to see at a glance where profitable niches lie. It can highlight areas of loss that can then be plugged too. Through careful analysis of all the available data, a company should be able to ensure that they are reaping the greatest amount of profit possible.

Each campaign and project can be tweaked in so many ways to give an astonishing amount of power. It also means that the relationship part of CRM can get the maximum attention too. This should result in a happy customer who gets out of the relationship

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CRM - Software or Strategy? (part 2)

Posted in Microsoft CRM | February 4th, 2007 | No Comments »

CRM software comes in two basic flavours: online or desktop. Both have their advantages and disadvantages. The online CRM systems require an operator to have Internet access, but with wireless connections becoming increasingly common, that poses less and less of a problem. There is also a question of security, but that is also increasingly diminishing.

Desktop CRM is a stand-alone program that is installed on any compatible computer. It offers the advantages of portability and increased security, in certain respects, and it also does not require an Internet connection in order to be accessed. It does, however, need to be online in order to exchange information with a central control point, or another field operator, but this can be done at any convenient time.

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CRM - Software or strategy?

Posted in Microsoft CRM | February 3rd, 2007 | No Comments »

CRM is really a strategy. Increasingly, we think of it as the actual engine that drives the strategy, which is the computer software. But CRM, customer relationship management, is something you do, it is not a tool you have.

CRM certainly existed before the widespread use of microcomputers. In “the old days” field operators used paper files. They made notes in notepads and typed them up on mechanical typewriters back in the office. They created Rolodex files, those circular card filing systems you sometimes see being used in old movies, and they probably kept a lot of useful information in their heads too, for that’s how people still operate.

Today we have sophisticated CRM software. The serious advent of CRM took off properly in the 1990s when the technology behind it started to overcome some of the limitations that had been holding it back. Before long the promise caught up with the reality and we entered the true world of automated CRM. It isn’t that we can now do things that couldn’t be done in “the old days.” It’s just that we can now do things so much faster and easier - light years faster and easier in fact.

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The Rise And Rise of CRM (part 3)

Posted in Microsoft CRM | February 2nd, 2007 | No Comments »

Customization has also played a vital part in the rise of CRM. Today’s CRM software programs allow a degree of customisation that was only dreamed of in the 1990s. There are many high-level players too in the CRM market, all vying with each other for a share of the profits. Some, like Microsoft, have an advantage in that people often choose a familiar brand name. Their computers probably already use a Microsoft Windows platform, so it might make sense to them to ‘keep it in the family,’ so to speak.

And what of the future of CRM? That’s anybody’s guess, but it will probably center more closely on the customer’s satisfaction. After all, a happy customer is one that is more likely to buy again. Whatever way it goes, CRM ultimately owes its existence to the rapid development of the desktop computer. Luckily, the many predictions made about computers over the years have largely been wrong. Including a remark made by Ken Olson, president, chairman and founder of DEC, who amusingly once said, “There is no reason anyone would want a computer in their home.”

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The Rise And Rise Of CRM (part 2)

Posted in Microsoft CRM | February 1st, 2007 | No Comments »

CRM is all about cultivating and managing a relationship with the customer. The CRM software can be utilized to draw out all kinds of data in different and meaningful ways. Pablo Picasso was rightly famous as an artist, but he just didn’t ‘get it’ when he once said about computers, ” But they are useless. They can only give you answers.” Ah, Picasso, but the answers are what we seek!

In the 1990s CRM brought many promises. Unfortunately, the early solutions were a disappointment in many ways. They proved to be too unwieldy and difficult to use. Tracking and updating the high volume of records became expensive and fraught with difficulty in many cases.

Into the 21st century, and things have gradually changed, and for the better too. Today’s CRM solutions have vastly improved tracking and updating features. Now the original promises that CRM heralded are becoming a reality. It has taken longer than expected, but it has certainly been well worth the wait.

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