Friday, December 28, 2007

Sales Force Management - Disadvantages

We are talking CRM Software Functions here in this blog. We are talking Advantages of Sales Force Management system's advantages to sales people, advantages to sales manager, advantages to marketing manager, strategice advantages.

Today we are going to talk Disadvantages of Sales Force Management.

Detractors claim that sales force management systems are:

  • difficult to work with

  • require additional work inputting data

  • dehumanize a process that should be personal

  • require continuous maintenance, information updating, and system upgrading costly

  • difficult to integrate with other management information systems

ref: Insurance SFA & Insurance CRM software, wikipedia

Tuesday, December 25, 2007

CRM Software - Strategic Advantages

CRM software we are talking here. As a part of our talk we are talking on SFA. We talked advantage of SFA to Marketing Manager and Sales Manager. Today we are going to talk about Strategic Advantages of Sales Force Automation.


Strategic advantages
Sales force automation systems can also create competitive advantage. Here are some examples:

  • As mentioned above, productivity will increase. Sales staff will use their time more efficiently and more effectively. The sales manager will also become more efficient and more effective.(see above) This increased productivity can create a competitive advantage in three ways: it can reduce costs, it can increase sales revenue, and it can increase market share.
  • Field sales staff will send their information more frequently. Typically information will be sent to management after every sales call (rather than once a week). This provides management with current information, information that they will be able to use while it is still valuable. Management response time will be greatly reduced. The company will become more alert and more agile.
  • These systems could increase customer satisfaction if they are used with wisdom. If the information obtained and analyzed with the system is used to create a product that matches or exceeds customer expectations, and the sales staff use the system to service customers more expertly and diligently, then customers should be satisfied with the company. This will provide a competitive advantage because customer satisfaction leads to increased customer loyalty, reduced customer acquisition costs, reduced price elasticity of demand, and increased profit margins.

ref: Insurance SFA and Insurance CRM, wikipedia

Friday, December 21, 2007

SFA Software - Marketing Manager's Advantage

CRM Software Functions we are talking here. As a part of CRM software we are talking Sales Force Automation. In our previous post we talked sfa advantage to Sales People and sfa advantages to Sales Manager.

Today we are going to talk SFA advantage to Marketing Manager.
It is also claimed to be useful for the marketing manager. It gives the marketing manager information that is useful in :

  • Understanding the economic structure of your industry
  • Identifying segments within your market
  • Identifying your target market
  • Identifying your best customers in place
  • Doing marketing research to develop profiles (demographic, psychographic, and behavioral) of your core customers
  • Understanding your competitors and their products
    Developing new products
  • Establishing environmental scanning mechanisms to detect opportunities and threats
    Understanding your company's strengths and weaknesses
  • Auditing your customers' experience of your brand in full
    Developing marketing strategies for each of your products using the marketing mix variables of price, product, distribution, and promotion
  • Coordinating the sales function with other parts of the promotional mix (such as advertising, sales promotion, public relations, and publicity)
  • Creating a sustainable competitive advantage
  • Understanding where you want your brands to be in the future, and providing an empirical basis for writing marketing plans on a regular basis to help you get there
  • Providing input into feedback systems to help you monitor and adjust the process.

ref: sfa and crm software, wikipedia