Article

Businesses Need Greater Clarity Of Purpose And Value With Cloud And CRM Tools

The three ways of understanding the potential of digital business today through CRM tools.

The three ways of understanding the potential of digital business today through CRM tools.



1. The Nature Of Business Is Changing
Since employees are now working anywhere, anytime, transactions are more frequent, but shorter, on mobile devices. Therefore, CRM apps need to be simple and intuitive to allow rapid access and update of client data and activities.

Businesses need to start simple with CRM and bring things “back to basics”, since many organisations are currently over-burdening sales staff with additional requests for information that isn’t easily retrievable. At the moment processes are too complicated, there are too many forms for sales and marketing teams to process and, as a result, information isn’t being used effectively.

There is higher demand for faster and palpably effective return on time and money spent. As a result, businesses are becoming a lot more focussed on measurement. There is an element of maturity now as businesses and consumers are more discerning than ever before and less seduced by brand image. What’s wanted now is actual proof points – results of why the chosen route was the best one and how it connects to business growth.

IT departments and the C-Suite want to know what the value is for using cloud-based tools. In an economy emerging from a recession, gone are the days where businesses will invest blindly. What we’re seeing now, is IT investments becoming more robust in terms of proving results. Real-time analytics are therefore crucial in helping businesses decide where to invest money, as they need to see what they’ll be getting back.

2. Clarifying CRM Benefits; Analytics And Tools
This expectation precipitates why analytics are so important: linking front end CRM to back end systems to prove whether the promised CRM pipeline revenue is actually being delivered. This enables teams to understand the work they’re asking people to do, and why they’re doing it. It’s all about connecting the dots and making sure everyone is clear on the ‘why’. For instance, CRM provides client-specific results so that organisations can connect the investment to the subsequent return, so it’s important for businesses to be using this in the best way.

CRM has always been problematic in enterprise; sales pipelines are frequently over-exaggerated and it’s not easy to pin-point actual figures and results. Only when CRM is connected with the backend infrastructure is it possible to fully understand status and context. But few organisations have fully leveraged CRM and the wealth of enterprise data. Reports from fragmented systems reside off-line and are often incomplete or out-of-date by the time they’ve been constructed. Management in particular have a ready-made excuse not to use CRM as the data they need to run their territories is not totally contained in the tool.

3. Talent Enablement: Crowdsourcing
Companies previously found it difficult to react to CRM insights. They may have a rich history of client transactions, but the ability to change the way they go to market is harder since the client journey became more digital. Recent research by the Corporate Executive Board highlights that almost 60 per cent of client journeys are now done online before the first sales interaction. Teams can be slow to respond to that for a number of reasons, perhaps there is a lack of IT budget or recent cut backs, or resources have to be outsourced.

The benefit of using crowdsourcing in these instances is organisations avoid the costly and time-consuming task of recruiting and the subsequent on-boarding processes for specialist digital experience roles. Turning the challenge to the wider community can be beneficial for a number of reasons. We have the world’s largest crowd organisation – The Appirio Crowdsourcing Community – which connects a pool of over 700,000 developers, designers, and data scientists together to work on interesting and challenging problems for skills practice, plus reputational and financial reward.

Whilst sceptics might not agree with crowdsourcing, it can offer a chance to build confidence and realise abilities of your in-house teams, as they see how crowdsourcing can support getting projects up and running quickly and effectively for the desired results. It can be revelatory in seeing what does and doesn’t work on a testing base approach. Using a crowdsourcing community means organisations needn’t be constrained by cost issues and manpower; the community offers a low-cost model bringing in multiple designers. This will become increasingly crucial in years to come given the shorter and shorter timelines set by customers in a competitive market.

Ultimately, organisations need to adapt and utilise tools that will enable the best use of information and talent – bringing in external experts to build a powerful campaign that might be more successful than using traditional models. If results and methods cannot be quantifiably reported back to customers, this will need to be addressed if companies are to remain competitive. Businesses think and act like consumers, with higher digital expectations that are being applied to CRM databases and an expectation that if they’re using cloud, it has to be for the right, and results driven, reasons.

Read More on Digital Doughnut

Please login or register to add a comment.

Contribute Now!

Loving our articles? Do you have an insightful post that you want to shout about? Well, you've come to the right place! We are always looking for fresh Doughnuts to be a part of our community.

Popular Articles

See all
7 Reasons Why Social Media Marketing is Important For Your Business

7 Reasons Why Social Media Marketing is Important For Your Business

In the past two decades social media has become a crucial tool for marketers, enabling businesses to connect with potential customers. If your business has yet to embrace social media and you want to know why it is...

Sharron Nelson
Sharron Nelson 29 February 2024
Read more
B2B Marketers Need a New Approach to Lead Gen to Meet the Growing Quality Challenge

B2B Marketers Need a New Approach to Lead Gen to Meet the Growing Quality Challenge

The biggest challenge facing B2B marketers in 2024 is generating high quality leads. And the problem is getting worse.

Michael Nutley
Michael Nutley 18 March 2024
Read more
How to Create a Landing Page: The Ultimate Guide

How to Create a Landing Page: The Ultimate Guide

Learn how to make an effective landing page with our latest article. Perfect for beginners and pros alike, this article gives you practical tips to create a landing page that works for you. From picking the right...

Ravi Shukla
Ravi Shukla 19 February 2024
Read more
How to Review a Website — A Guide for Beginners

How to Review a Website — A Guide for Beginners

A company website is crucial for any business's digital marketing strategy. To keep up with the changing trends and customer buying behaviors, it's important to review and make necessary changes regularly...

Digital Doughnut Contributor
Digital Doughnut Contributor 25 March 2024
Read more
4 Tips for Building Effective Direct Response Marketing Campaigns

4 Tips for Building Effective Direct Response Marketing Campaigns

Craft irresistible offers and elevate your marketing strategy with direct response marketing campaigns.

Iulia P
Iulia P 22 March 2024
Read more