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CRM Systems

Is Your CRM System Helping You Boost Sales?

Is Your CRM System Helping You Boost Sales?
August 21, 2013 1:47PM

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If you are responsible your company's sales and marketing efforts, it's important to take a long, hard look at how your team is using your CRM system. Ask, "Where is the info about our customers' goals? Is it buried or right up front?" If your CRM strategy is more focused on your own sales pipeline, rather than customer goals, it's time for a change.

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Your customer relationship management (CRM) system can be a blessing or a curse for your sales force -- it all depends on how your team uses it, and really, if they use it at all.

To put a new twist on an old cliche, you can lead a salesperson to your CRM system but you can't force him or her to use it. The first step in using a CRM system to boost sales is getting your sales team to take advantage of what the software has to offer. The second step is making sure the CRM system offers what you need to truly help build beneficial relationships with customers.

"The most cutting-edge companies are [now] focusing their sales efforts around the customer experience," explains Morgan Norman, a senior director of product marketing for Microsoft's CRM division. "With the volume and velocity of data created by social, marketing, sales, and care departments, teams need a [comprehensive] real-time view of the customer."

To help optimize sales, your CRM system should be setup to capture the information needed in a way that's easy for your sales reps to record and access. And here, we are not just talking about data to predict your sales pipeline, or whether any particular salesperson will meet the monthly quota. That information is critical, of course, but more customer-centric information is needed as well.

Avoiding Sales Mediocrity

Lisa Earl McLeod, a sales leadership consultant and author of "Selling with Noble Purpose," is convinced that most CRM systems promote sales mediocrity because they focus salespeople on information important to their own companies rather than information that is important to their customers.

"Here's the big mistake that most companies make: They tell salespeople to focus on the customer. Yet [their CRM system focuses] more on internal metrics and pipeline management. The result is mediocre sales behavior," she writes in a Forbes article entitled "Is Your Sales Force Being Sabotaged By Your CRM?"

In the article, McLeod suggests looking at your CRM system and asking, "Where is the information about customers' goals? Is it buried, or is it right up front? If the information is more company-focused than customer-focused, she says, you have a big problem.

"Capturing the right information about your customers and pulling it to the front and center of your CRM gives you a huge competitive advantage," she says. "You can be a me-too sales force that says you want to make a difference to customers, or you can be the rare company that actually does it." (continued...)

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Matt Ranger, Head of Sale:

Posted: 2013-09-13 @ 6:38am PT
I could not agree more about the need to restore customer-centricity across sales – and utilising information captured via marketing interactions can be a big help. At Maximizer Software, for example, we use HubSpot all-in-one marketing automation software, integrated with our Maximizer CRM to feed customer intelligence from marketing interactions directly into our sales pipeline within our Maximizer CRM system. Having a CRM system that can collect data in real time from throughout the organisations allows for a 360 degree view of every customer. Plus, by having all this information at hand, sales reps can engage in more meaningful conversations with customers and prospect alike, including educating individuals, not just trying to sell to them, but answering the clients’ needs. And as trust and loyal relationships are built, your sales start to rise.

Michael Topalovich:

Posted: 2013-09-09 @ 12:52pm PT
For most businesses, I don't really think it's a matter of choosing the "right" CRM strategy...just having a strategy to begin with would be a huge step in the right direction.

Yes, customer experience and shifting the focus to the customer's vision of success are important, but that doesn't diminish the importance of pipeline and retention analytics...you need to find a way to marry the two so that you can quantify the success of the strategy that you are executing and spot trends, positive and negative, as they happen.

The other trap to avoid with this shift in thinking is not collecting the vision and goals of the right people within a customer or potential customer. As we know, organizational alignment is difficult for most of us to achieve, so be sure to capture the forward-looking data from enough of a sample size within a company to validate the true needs of the organization, not just the perception of needs by the people that might be too close to a problem to be able to clearly articulate it in a manner that captures the true underlying business needs.

Michael Topalovich, CTO
Delivered Innovation
@topalovich

Brad Hodson:

Posted: 2013-08-28 @ 9:07pm PT
This is exactly right and also what's exactly wrong with much of the CRM industry. Until we can start focusing more on the benefits to the customer, we'll forever be working with numbers and neglecting the user base that matters most.

Brad Hodson
JobNimbus

Juliane Schmidt:

Posted: 2013-08-27 @ 2:10am PT
Very well written!!

Dan Kim:

Posted: 2013-08-22 @ 3:27pm PT
Thanks for the great tips and information, Jennifer! I absolutely agree that capturing the right customer data, is essential to CRM success. Therefore, it is important to create strategies for social CRM adoption, as well as internal SCRM utilization. With the availability of complete business suites like GreenRope, companies are provided affordable consolidated solutions that are flexible enough for any type of business. However, during the initial stages of SCRM adoption, there must be an emphasis on the importance of daily use. Without a top-down emphasis and strategy for SCRM adoption, it becomes difficult to target the appropriate demographics. Furthermore, if the adopted SCRM is not being used on a daily basis, sales/client services will continue to miss the opportunities to build/maintain valuable B2C relationships.

James cage:

Posted: 2013-08-22 @ 8:10am PT
Good advice. Came across another whitepaper that readers will find useful Pros and cons of migrating to Microsoft Dynamics CRM from Salesforce.com @ http://bit.ly/17UgKN7



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