Archive for the ‘CRM’ Category

Marketing Sherpa: Never Send Unqualified Leads into your CRM

Monday, July 14th, 2008

 

In Marketing Sherpa’s recap of their B2B Lead Generation Summit, they designate one point as the summit’s key takeaway. The “most scribbled-down-tip” was when Jackie Kiley of Sybase explained the importance of passing only qualified leads into your company’s CRM. Marketing Sherpa’s article highlights this point reinforcing that your firm should “*never* put suspects, inquiries, or unqualified leads into [your CRM]”.

By not filtering your leads, you send the good and the bad onto your sales team, and create an immense amount of “noise” which the sales people must sort through to be successful. Rejection and lost time results in a less-than-motivated sales team, that will begin to distrust leads sent to them from the marketing department.

A lead qualifying tool can improve the relationship between your sales and marketing departments by allowing for a more seamless interaction between the two. Marketing automation software allows only qualified leads to make it to the sales pipeline, allowing both departments to more effectively accomplish their goals.

Also key in aligning sales and marketing is providing scheduled feedback on leads by having sales report on the status of leads (good, bad, accepted, rejected, etc.) Doing so is the final step in closing the loop between the two functions by further refining the filter for the next sales cycle.

Not to be Outdone…

Thursday, April 24th, 2008

Less than a week after Salesforce.com announced it’s partnership with GoogleApps, increasing the offerings of it’s on-demand CRM suite, Microsoft announced Dynamics CRM Online, a full marketing, sales and service suite on an Internet-based model.

“At Microsoft, we’re revolutionizing how companies deploy marketing, sales and service solutions to users within their organization,” said Brad Wilson, general manager of Microsoft Dynamics CRM at Microsoft. “Microsoft Dynamics CRM delivers the power of choice to customers, with a familiar and productive user experience and a multitenant platform that enables fast on-premise implementations or ‘instant-on’ deployments over the Internet.”

Targeted toward small-to-mid-sized businesses, Dynamic CRM Online integrates with Microsoft Office and boasts a $59 per user per month price point, slightly lower than Salesforce.com. Focused on creating a flexible and affordable tool, Dynamics CRM has performed well with 500 participants in the Microsoft Early Access Program, offering more storage capacity and configurable entities than Salesforce.com, as well as incorporating workflows.

Learn more about Dynamics CRM Online here.

Salesforce.com Partners with Google Apps

Thursday, April 17th, 2008

This week, CRM giant Salesforce.com announced a partnership with Google Apps.

The convenient new platform allows communication through popular Google tools Gmail and Google Talk. Sales teams will also have access to applications such as Google Docs and shared calendars. The partnership aims to create an efficient way to manage schedules and maintain up-to-date versions of documents and sales tools.

This partnership embodies the trend of technology moving away from installation-based softwares, as two of the largest advocates of Software-as-a-Service (SaaS) and Platform-as-a-Service (PaaS) join forces.

“Salesforce.com is thrilled to be offering Google Apps integrated with our Salesforce applications and Force.com Platform-as-a-Service to the millions of businesses looking to manage their entire office in the cloud,” said Marc Benioff, chairman and CEO of salesforce.com. “The combination of our leading CRM applications and Google’s business productivity applications pushes forward the transformation of the industry to cloud computing. The end of software is here.”

The end of installations?

Thursday, October 4th, 2007

Seth Godin predicts the end of installed software in a recent post and really hits the nail on the head.

Salesforce.com popularized this craze in the CRM world and rivals soon emerged (see Netsuite’s impending IPO). You know they are on to something when Microsoft, king of the installed software world, enters the space. Microsoft has announced an on-demand version of it’s CRM offering, Dynamics. Not only will it have functionality mirroring salesforce’s, but they will price it at roughly 40% less in a bid to capture market share.

The success of these solutions is no surprise. There are many compelling reasons for B2B marketers to turn to hosted solutions, and indeed most email, analytics, and ad serving solutions are on-demand. Obvious benefits include:

  • no (or lower) capital outlay
  • less (or no) IT involvement needed
  • more likely to work out of the box
  • seamless upgrade process as everything is done on the provider’s end

A common theme to the above mentioned benefits is that the marketer is put in control of the marketing software. This is a simple idea, but it is not always the case with heavier, server installed applications where budget and IT approval often kill any hope of integration. By lessening IT involvement, and splitting payments into monthly fees, a marketer is much more likely to be able to implement a new solution without jumping through hoops for approval.

If only I could find an on-demand operating system before Vista crashes my computer again. Service Pack 2… where are you?