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How to Build Long-Lasting Customer Relationships? (A Step-by-Step Guide)

Strategy Driven

With every passing day, numerous competitors are popping up in each industry. The SuperOffice Customer Relationship Management (CRM) tool can help you organize all the data related to your customers. The way to build a successful loyalty program is to provide attractive incentives that your customers won’t be able to resist.

CRM 96
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Salespeople have questions. Jeffrey has answers.

Strategy Driven

Every salesperson who has a CRM – SalesForce.com , Microsoft Dynamics, whatever it is – is required to put stuff into their computer on an everyday basis for every sales call they make and there’s one universal truth about it: they all can’t stand it. Do I need two different approaches? Gerhard, No. Ask your vendors.

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For Sales Forces, Big Data May Be Overhyped

Harvard Business Review

The history of Customer Relationship Management (CRM) systems holds valuable lessons. The first wave of CRM systems got a boost with success stories in an HBR Article (" Automation to Boost Sales and Marketing ") in 1989 by Moriarty and Swartz. Big data has a lot of potential, much like CRM always had, but we need to do it right.

CRM 13
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Sales Data Only Matters If It Helps You Take Action

Harvard Business Review

Some will remember or hear stories of failed projects – big investments to give salespeople tablet computers, to develop data warehouses, and implement CRM systems that ended up racking up huge costs, while generating little value for customers and salespeople. While some jump in, many are reluctant to move forward.

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How More Accessible Information Is Forcing B2B Sales to Adapt

Harvard Business Review

CRM), tools (e.g., Here are examples from several industries. Too many sellers have wasted millions of dollars on sales technologies such as CRM systems and data warehouses that never lived up to their potential. Systems (e.g., data management, analytics), infrastructures (e.g., mobile, cloud), and information (e.g.,

B2B 8
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Why Sales Ops Is So Hard to Get Right

Harvard Business Review

•Administer quarterly sales incentive compensation plans and the goal setting process. •Manage sales force automation and CRM systems and processes. Operations: Tasks such as administering quarterly incentive compensation plans or managing sales force automation systems require specific technical knowledge.

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Who Owns Your Customer Relationships: Your Salespeople or Your Company?

Harvard Business Review

These salespeople earned lucrative commissions on sales to current customers and had little incentive to hunt for new customers. After several years, salespeople earned $650,000+ a year, resetting the pay scale for the entire industry. Annual first-year salesperson turnover was 60%. All are sources of customer value.

Company 14