Key Success Factors for Implementing CRM in Sales Departments of B2B Companies

Key Success Factors for Implementing CRM in Sales Departments of B2B Companies PDF Author: Goran Krpan
Publisher: diplom.de
ISBN: 3961162328
Category : Business & Economics
Languages : en
Pages : 100

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Book Description
Die Implementierung von CRM in einem Unternehmen ist mit vielen Herausforderungen verbunden, da eine solche Implementierung viel Zeit erfordert und hohe Kosten verursacht. Diese Kosten sind mitunter schwer zu rechtfertigen. Jedoch verspricht man sich, durch diese Technologie ein besseres Kundenverständnis zu erlangen und somit auch seine Umsätze nachhaltig steigern zu können. Leider ist es oft der Fall, dass Systeme, die das Kundenmanagement erleichtern sollen, genau das Gegenteil bewirken und somit zu Frust und Enttäuschung führen. Die vorliegende Arbeit beschäftigt sich mit den Erfolgsschlüsselfaktoren für die Implementierung von CRM in einer Vertriebsorganisation im B2B Bereich.

Key Success Factors for Implementing CRM in Sales Departments of B2B Companies

Key Success Factors for Implementing CRM in Sales Departments of B2B Companies PDF Author: Goran Krpan
Publisher: diplom.de
ISBN: 3961162328
Category : Business & Economics
Languages : en
Pages : 100

Get Book Here

Book Description
Die Implementierung von CRM in einem Unternehmen ist mit vielen Herausforderungen verbunden, da eine solche Implementierung viel Zeit erfordert und hohe Kosten verursacht. Diese Kosten sind mitunter schwer zu rechtfertigen. Jedoch verspricht man sich, durch diese Technologie ein besseres Kundenverständnis zu erlangen und somit auch seine Umsätze nachhaltig steigern zu können. Leider ist es oft der Fall, dass Systeme, die das Kundenmanagement erleichtern sollen, genau das Gegenteil bewirken und somit zu Frust und Enttäuschung führen. Die vorliegende Arbeit beschäftigt sich mit den Erfolgsschlüsselfaktoren für die Implementierung von CRM in einer Vertriebsorganisation im B2B Bereich.

Successful Implementation of CRM in Sales Departments

Successful Implementation of CRM in Sales Departments PDF Author: Goran Krpan
Publisher: Diplomica Verlag Gmbh
ISBN: 9783961466290
Category :
Languages : en
Pages : 100

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Book Description
The implementation of CRM causes high investment costs and therefore is a challenge for companies. However, the technology seeks to establish a better understanding of the customer and as a result to strongly increase the volume of sales. CRM not only is a software program but an orientation towards the customer. The present study is about the key success factors for implementing CRM in sales departments of B2B companies.

Effective CRM Implementation Through Critical Success Factors

Effective CRM Implementation Through Critical Success Factors PDF Author: Saba Shakeel
Publisher:
ISBN:
Category :
Languages : en
Pages : 43

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Book Description
Innovative organizations continuously adapt in response to environmental changes and competitiveness. Increasingly transforming communication technology allows businesses to come up with customized offerings to acquire, retain and grow customers. Customer Relationship Management (CRM) system plays the role of liaison between organization and customers and justifies customer-orientated culture. However, researchers have identified that almost about 70 percent of all CRM projects failed to achieve expected desired outcomes by the companies around the globe. Therefore, this study is undertaken to empirically test the critical success factors of CRM solutions to measure the viability of a substantial investment by entities in a technological-driven business strategy in the context of Pakistan. Primary data is collected through an internet-based survey from employees associated with Sales, Marketing and IT functions of any sort of CRM solution deploying companies operating in Pakistan. Empirical results are verified through a Consistent PLS algorithm and Bootstrapping calculation under SmartPLS 3. The results of this research suggest that top management support, information technology, skillful and trained staff, organization culture and customer information are highly significant in contributing to effective implementation of CRM solutions in Pakistan.

CRM – optimize your company: Benefits and downsides of implementing CRM systems

CRM – optimize your company: Benefits and downsides of implementing CRM systems PDF Author: Jan Heyn
Publisher: GRIN Verlag
ISBN: 3656179727
Category : Business & Economics
Languages : en
Pages : 66

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Book Description
Master's Thesis from the year 2010 in the subject Business economics - Offline Marketing and Online Marketing, grade: 1,7, University of Bedfordshire, course: Applied Management Project / Master Thesis, language: English, abstract: III Executive Summary In the past, CRM (Customer Relationship Management) was seen more clearly as a strategic tool in conjunction with technological progress. Now more and more companies use CRM to earn benefits. It helps to understand, manage and develop customer-specific analyses in order to increase customer loyalty and customer satisfaction. The fast-growing market of the different CRM systems is becoming more and more obscure but also more and more interesting for medium sized enterprises. This implementation promises to survive in the market and achieve a competitive advantage. This thesis therefore aims to create a guideline to set aside to a number of clients that helps the clients of medium sized companies to get a sufficient overview of the whole situation around the subject of CRM. Relevant information about the variety of systems, conditions and requirements of using CRM within an enterprise will be provided. In addition, the positive and negative aspects of CRM will be mentioned in this report. Based on the findings this report will clarify the question which economic strategy is correct or preferred for medium sized companies. Many providers offer companies to rent their CRM system during the first steps of implementation rather than to buy it. This offers the possibility to optimise one’s own corporate strategy with regard to the procedure which will change a corporate strategy by implementation of a CRM system. The prerequisites of successful implementation consist of many different changes within the company. These changes are the key factors to a successful and profitable decision about the failure or success of the strategy in the market. To round off the issue of the topic, customer satisfaction, customer loyalty and changes in consumer behaviour will be analysed. To benefit from a customer it is particularly important to understand this first. It is advantageous to monitor and track changes in the consumer behaviour and to be prepared at the next step or be one step ahead. Finally, the downsides, risks, benefits and opportunities of the CRM implementation will be analysed and evaluated at the end. Also, a recommendation is offered for the approach of medium sized companies within the implementation-stage.

Critical Success Factor Framework for Customer Relationship Management and Business Intelligence Implementation

Critical Success Factor Framework for Customer Relationship Management and Business Intelligence Implementation PDF Author: Reshma Sameer Naik
Publisher:
ISBN:
Category :
Languages : en
Pages : 106

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Book Description


Your Surefire Guide To CRM Success

Your Surefire Guide To CRM Success PDF Author: Matt Mountain
Publisher: Advantage Media Group
ISBN: 1599325373
Category : Business & Economics
Languages : en
Pages : 146

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Book Description
Implementing Customer Relationship Management (CRM) Software Can Be One Of The Most Important Decisions A Growing Company Can Make. In Your Surefire Guide to CRM Success, Matt Mountain and Randy Davis— Salesforce.com gurus and industry leaders—explain how your business can properly implement this software to receive a high return on your investment. In this book, Matt and Randy discuss the following: • How to define your company’s goals for proper CRM implementation • How to align employees to your vision • How to use software for not only sales but also marketing, operations, and customer service • How to use CRM to benefit your customers • How to continue maximizing and expanding your software in the future Many companies struggle in incorporating new software technology into their business model, but there is high potential for success if used correctly. If your company is considering the leap to CRM, this book is for you!

How to Win at CRM

How to Win at CRM PDF Author: Seth Kinnett
Publisher: CRC Press
ISBN: 1351646028
Category : Business & Economics
Languages : en
Pages : 273

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Book Description
This book provides clarity and guidance on effective strategy, implementation and management of CRM. It explores both the conceptual and cultural context of CRM initiatives along with the particulars of CRM system implementation and management. In order to provide this clarity, it surveyed the existing academic publications surrounding CRM, sales force automation, and related topics within information systems literature. The book supplements this research with insights from CRM experts to provide a robust picture of the CRM landscape and how to improve it no matter what role you play within your organization. This book is for everyone who wants to achieve CRM success.

Customer Relationship Management

Customer Relationship Management PDF Author: Srivastava Mallika
Publisher: Vikas Publishing House
ISBN: 9325974118
Category : Business & Economics
Languages : en
Pages : 368

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Book Description
With the aim of developing a successful CRM program this book begins with defining CRM and describing the elements of total customer experience, focusing on the front-end organizations that directly touch the customer. The book further discusses dynamics in CRM in services, business market, human resource and rural market. It also discusses the technology aspects of CRM like data mining, technological tools and most importantly social CRM. The book can serve as a guide for deploying CRM in an organization stating the critical success factors. KEY FEATURES • Basic concepts of CRM and environmental changes that lead to CRM adoption • Technological advancements that have served as catalyst for managing relationships • Customer strategy as a necessary and important element for managing every successful organization • CRM is not about developing a friendly relationship with the customers but involves developing strategies for retention, and using them for achieving very high levels of customer satisfaction • The concept of customer loyalty management as an important business strategy • The role of CRM in business market • The importance of people factor for the organization from the customer's perspective • Central role of customer related databases to successfully deliver CRM objectives • Data, people, infrastructure, and budget are the four main areas that support the desired CRM strategy

The Critical Success Factors of Customer Relationship Management (CRM) Technological Initiatives

The Critical Success Factors of Customer Relationship Management (CRM) Technological Initiatives PDF Author: Peter Li Kam Wa
Publisher:
ISBN:
Category : Customer relations
Languages : en
Pages : 0

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Book Description
Customers are any organizations' best assets. As an increasing number of organizations realize the importance of becoming more customer-centric in today's competitive economy, they are also discovering that they must deliver knowledge about their customers, products, and services internally (i.e across multiple organizational functions) and externally (i.e at all customer touch points). Therefore, enterprise executives are interested in knowing the Critical Success Factors that will drive their Customer Relationship Management (CRM) technological initiatives. CRM technological initiatives help foster a customer-centric business strategy, the diffusion of knowledge, a unified face to all customers, and a holistic view of customers. There is no empirical research, to our knowledge, that delves into an understanding of the Critical Success Factors behind CRM technological initiatives. Nor has it been demonstrated that different profiles of Critical Success Factors exist for specific CRM technological initiatives such as Customer Support and Service (CSS), Sales Force Automation (SFA), and Enterprise Marketing Automation (EMA). This thesis compiles the Critical Success Factors of CRM technological initiatives using empirical data from 101 organizations across Canada. The Partial Least Squares (PLS) Structural Equation Modeling method was used to analyze the collected data. A comparison between 57 adopters of CRM technology and 44 non-adopters of CRM technology indicates that the levels of strategic perceived benefits, top management support, and knowledge management capabilities differ between these two independent groups. The core finding of this study reveals that technological readiness, alone, does not lead to successful CRM technological initiatives. Possessing knowledge management capabilities emerges as the most significant critical success factor of CRM technological initiatives and is strongly related to technological readiness. Top management support is significant for all CRM technological initiatives with the exception of the SFA CRM Infrastructure.

Organization, Technology, Culture

Organization, Technology, Culture PDF Author: Jan Ropponen
Publisher: Createspace Independent Publishing Platform
ISBN: 9781975831776
Category :
Languages : en
Pages : 60

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Book Description
Up until now many businesses have been able to get away without fully succeeding in their CRM implementations. As we move into the age of artificial intelligence, the basics of data management and CRM use will become exponentially important. Although CRM is crucial, many still fail in their implementation efforts. For example, Merkle Group interviewed over 300 US based executives, and found that 63% of these executives considered that their CRM implementations had failed. Because of its business critical role, a failure in a CRM implementation is not a failure of adopting a sales tool any longer, but a failure in a business critical change project that could be detrimental to the business. This playbook focuses on how companies will succeed in implementing a new CRM or maximizing the value of their current CRM. Who is this book for? Whether you are planning on implementing, or have already implemented your CRM, this book is for you if you want to raise your organization's performance by using CRM properly. Recommendations "This book is brief, yet very comprehensive and straight to the point. It will guide you towards implementing your next gen marketing and sales machine. Especially a good read for busy sales managers and management!" -Sami Lampinen, Regional Sales Director, Enterprise Sales at Salesforce "This is a must read for every leader and sales management professional. Jan has managed to crystallize how you can grow your business with the help of CRM technology." -Jukka Soini, Sales management professional