Category: Marketing

What To Monitor In A Tweet?

One out of every three Twitter users talk about brands in their tweets and that’s a fact. This is a good way to keep an eye on your brand. A tweet may look very small and even insignificant, but actually there are so many things that you can monitor in a single tweet. There is lot of business information that can be driven from this amazing social media tool. You can know a lot about your customer and their feelings by just carefully observing the tweets they write. Check out this picture, which talks about various things you can track from a single tweet.

There are various factors that can be considered while looking into a tweet of one of your customers or prospects and this can be mapped to your CRM data, as well. While Twitter not only works as an opinion poll, it also helps people to build an instant “backchannel”. And if your prospects are online most of the time, monitoring the tweets and responding to them promptly, can immensely help with business development and augmenting customer service.

Charu Mehta

CRM Consultant, CRMIT

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Clarity In Communication

Saw a newspaper advertisement for a general insurance service, with the following text prominently displayed:

No Claim Bonus

Of course, people in the insurance industry / those who bought insurance / made claims earlier will immediately understand this as:

If you don’t make any claims in the policy period, you get a bonus

However, assuming most of the  people reading this advertisement (and are primary targets) are laymen and won’t understand this “No Claim” terminology, what will they see in this Ad?

No Bonus

You may call that silly, but when I look at the words “No” and “Bonus” near to each other, I naturally assume this company is refusing to pay me bonus (for whatever reason). There is no clarity to teach me that they are actually paying me bonus, for not making any claims.

This whole  communication gap could’ve been avoided if the company did some beta testing of its Advertisement text, they would have come up with better alternatives such as:

Bonus for No Claims

Attractive No-claim Bonus

When millions of dollars are spent on advertisement, we can never ‘assume’ things, it is better to be clear, than create a wrong impression in the target readers’ mind.

Naga Chokkanathan,

Director, Presales, CRMIT

CRMIT’s Best Selling Productivity Applications for CRM On Demand

Published In : https://blogs.oracle.com/apaccrmpartner/entry/crmit_s_best_selling_productivity

When one thinks about high-performance indicators within business verticals, two factors that always stand out are customer satisfaction and experience. Effectively answering all emails including service requests, complaints, grievances, appreciations and even requests for more business is critical to have a satisfied customer base. Likewise, promoting collaboration among CRM users and making it easy for them to work together with CRM On Demand via android phones is equally significant.

CRMIT, an Oracle ISV and one of the leading CRM On-Demand System Integrators in APAC, has
developed mCRM for Android, Social CRM++ and Email Workbench. These applications facilitate
customer relationship management and data in a well organized and process centric way.

mCRM for Android
mCRM for Android is an application offered by CRMIT that allows users to manage their Oracle CRM
On-Demand data at their fingertips. It not only provides an easy access to key customer information,
but it also allows viewing and editing the information, as per requirement.

It can be downloaded and installed from the android market and one can directly login with their
CRMOD username and password. And, if you choose to bring mCRM for Android into play, you get
real time access to customer information. Moreover, checking currently viewed data and task
appointments becomes a pushover.

Social CRM++
Social CRM++ has evolved as a back-end system for managing customer relationships and data in a
very efficient and process-centric manner. Social CRM++ for customer service has the potential to
bring new and dynamic methods for improving customer service, and in doing so, it is creating
opportunities for new and existing providers.

This cloud ready On-Demand solution connects CRM users seamlessly and improves collaboration
between them without loss of confidential information. Without logging into external systems or
signing up, one can draw on social CRM++ and can post text files and links to other CRMOD users of
the organization. It not only increases interaction between users, but is also easily available in
multiple deployment models.
Email Workbench
CRMIT’s Email Workbench solution is a Web based plug-in that solves the great puzzle of CRM –
Email Co-existence. This SaaS based component allows Service Organizations to work in a single
window and also helps to send, receive and process E-mails from customers in a centralized way. So,
with Email Workbench one is always assured of improved issue tracking and quicker response times,
irrespective of which individual is working on a particular problem.

When a customer sends an email, a service request is created and service representatives can directly
reply from CRMOD, without using an external mail client. One can reply again for creating an open
activity. With this efficient plug-in, emails are automatically converted to service requests, response
time is quick and tracking of issues becomes better.

To see CRM++ Email Workbench in action, view this YouTube Video:
http://www.youtube.com/watch?v=4jDK01_n7Gs&feature=player_embedded

Subtle Marketing

Today I was reading an eBook. It is released by a marketing company, specializing in Social Media. They have different monitoring tools to listen to what people are talking about you in various Social Channels, and act accordingly.

However, this eBook had nothing to do with Monitoring. Instead the book talks about how Pinterest, the newest ‘Social’ darling can be utilized by businesses. They were showing samples on how various companies are enjoying added traffic / eye balls because they decided to join Pinterest, or provide a way for their readers to ‘Pin’ their articles.

To prove that Pinterest is really useful, this eBook had lots and lots of screenshots. Very useful for someone new to this. I liked it.

But the best part is, all those screenshots had a text description like this : “This is a screenshot from our <<<>>>> monitoring tool”.

What a nice, simple, subtle, yet powerful way of marketing your product! The reader wants to know if Pinterest is really going to help them, the book provides proof that it is the case, at the same time also conveys an indirect message ‘If you want to confirm Pinterest is really working for you, go for our Monitoring tool. It works, here is the proof!’

Naga Chokkanathan

Director, Presales & Innovation, CRMIT

Misusing CRM : How to understand / avoid this

How many times have you seen a person trying to use a hammer while fixing a car’s engine, despite knowing the fact that he will not succeed? Or may be somebody trying to drive a nail from the rubberized side of a screwdriver, which is equally useless. We all know that every tool has a purpose, but still there are some always looking for an opportunity to use a tool for a reason other than what it is designed for. Same is the case with CRM.

Some businesses often make the mistake of taking Customer Relationship Management as software where all the data can be populated and problems will be solved magically. However, the truth is, CRM works like a discipline, where CRM software can be used to upgrade the discipline and automate its data management features. It is a tool and only using it right can facilitate you in finding success. Its applications do not create a problem, but the pesky users who work with it make it happen. Let’s have a look at common misuses of CRM.

CRM Systems & Sales Managers

With one of the toughest job profiles in an organization, sales managers are always fully loaded with the responsibility of motivating and communicating with group of people regarding byzantine information, be it lead changes, new collateral, sales contests and so on. Therefore, sales managers get an automated insight into sales pipeline through Customer Relationship Management software via how quickly sales staff enters the data into CRM. Though blunt words from managers, at times, can prove helpful for salespeople, but overdoing it may cause a drop in usage of CRM system. And due to the unpleasant behavior of the manager, sales staff will quickly catch on to the source of his anger and will gradually stop using CRM system, thinking that why load the system with data that will ultimately drive manager to turn around and use the data against them. So, if sales managers do not want to get into a situation where they will have only a partial idea of how the pipeline looks like, they should be careful while using info from CRM system.

CRM : A Silo Or Tool for Breaking Silos?

CRM is very good at collecting data, be it comprehensive reports or customer records, but these are just a way to increase the office paper costs, particularly if not put to some use. This is a common problem, because many organizations make sure that data is flowing into the system and is keeping sales organized, but actually fail to connect with the rest of the organization. The data that was equally helpful for support, marketing and R&D team may not be able to make it to other constituents, just because there is no pathway. Now, this is an organizational issue that should be tackled at the outset of CRM strategy development. So, it is always advisable to use CRM system in a way that it breaks down silos, rather of becoming a silo itself.

Charu Mehta

CRM Consultant, CRMIT

Be careful when you buy content for your website

I saw this interesting picture today in web. It shows how two insurance companies which are competitors to each other are using the same picture in their website. It is a small mistake, but looks ugly from an end user point of view and affects your online image.

(Image Courtesy: http://twitpic.com/8kzj03/full)

This is an important tip to remember, when you are choosing content for your website:

  • If you are buying photographs from a person or an agency, make sure they are not selling it to somebody else, especially your competitor
  • This may mean you are paying something extra for exclusive rights to use that picture, go ahead and pay it, this is a small price for your online image

Oracle Fusion CRM : New Features

Already being delivered as a comprehensive suite of modular applications, Oracle Fusion apps are enriched with the potential of coexisting with existing Oracle apps. This pioneered advancement not only matches the current business needs and improves efficacy of the existing system, but also ensures a new level of performance. Here are some new features of Fusion CRM that are worth sharing…

Customizable Dashboards: Are you facing problems in finding specific insight to data that you need? If yes Fusion CRM has a solution for you. It allows you to simply customize your sales dashboards with smarter reports. Know more about this feature by just following this You tube video link
http://www.youtube.com/watch?v=eCotrQ8H6gM&feature=related

Contact Data Quality: Can you keep bad data from bugging down your CRM system? With fusion CRM it is possible. From automatically validating the record to checking records for duplicate data, Fusion CRM does it all. To find how Fusion CRM built in data management dashboard helps with ongoing data cleansing and taking immediate corrective action , click here
http://www.youtube.com/watch?v=sp0NEpJZT4Y&feature=related

Native Outlook Client: Is your sales team double entering customer interactions or not entering them at all? Fusion CRM has a true outlook plug-in that avoids manually entering information from outlook to CRM. All you need to do is create your mail in outlook and share it with fusion CRM automatically. Know more about how to make better communication and coordination with the team, by just clicking here
http://www.youtube.com/watch?v=CkyN6Pcyntg&feature=related

Native Mobile App: Do you need to work with your customer data away from your laptop. Fusion CRM lets you sell smarter wherever you are. You can simply use fusion mobile to access contacts, accounts and opportunities. To know how, view this You Tube video
http://www.youtube.com/watch?v=aKy4xn62wyk&feature=related

Customizations Made Simple: Do you need IT help for customizations? With Fusion CRM you can tailor the system without waiting for IT. Follow this link and know how this new feature can assist you all the way.
http://www.youtube.com/watch?v=yE4Ys-qMJZU&feature=related

Territory Management: Assigning territory offline always creates gaps and overlaps, thus preventing you from maximizing your revenue. But with Fusion CRM you can model your territories right within the system. Know more about deploying your territories with confidence by clicking this video link
http://www.youtube.com/watch?v=yXCg21ttosw&feature=related

Sales Coach: How do you make every sales performer a top performer? Well, Fusion CRM coaches every representative with your best practices. Click here to know how reps can continue getting best practice sales that can coach all the way through to close
http://www.youtube.com/watch?v=PBdB8ME5e2E&feature=related

Opportunity Landscape: Are you spending too much on prospecting? Fusion CRM allows you to keep a check on lead quality and aging. So, to learn how this new feature facilitates with less prospecting and more selling, just follow the link here
http://www.youtube.com/watch?v=dZ4RiIEejR0&feature=related

Integrated Sales Contracts: Is completing your contract harder than selling? Fusion CRM allows your sales people to create contract faster. It makes it simple to preview contracts and generate printable version for the customers. Follow the link to know how you can also be freed from delays, thus leaving you more time to sell
http://www.youtube.com/watch?v=xwXtZHCYNtY&feature=related

Chitti babu & Charu Mehta,

CRM Consultants, CRMIT