07.08.04

What Do CRM Users Need? Just Ask Them
CRM is all about customer communication. So it's not surprising that many CRM vendors formalize that interaction using customer advisory boards that have direct input into product development. These boards benefit the participants as well.

Rod Ely, systems development manager and systems architect for Green Mountain Coffee, who sits on PeopleSoft's Product Advisory Council, says the revelations from the meetings are pure gold. "Twice a year I get a strategic update: Here's where they are and where they're planning to go," he says. "It helps us on our strategic plan."
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SMBs Wave of the CRM Future
CRM software vendors are scrambling to get a piece of the action as SMBs increase spending, but no one has a commanding lead yet. SMBs tend to stick with the brands they know best, according to recent research by Yankee Group. But even Microsoft has only 9-12 percent of the SMB market in business software.

The small to mid-size business (SMB) market remains ripe for CRM software sales , according to data collected by AMR Research. Next year, SMBs will increase their I.T. spending by 6.6 percent, and customer-management capabilities will be at the top of those companies' wish lists.
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Microsoft's CRM foray gets mixed response
There has been a mixed response to Microsoft Corp.'s foray into the customer relationship management (CRM) market with users frustrated by a slower-than-expected development path.

Microsoft now expects to have Version 2 of its CRM software ready in mid-2005, more than two years after it released the first version in the U.S.
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CRM suppliers launch self-service analysis software
Two CRM suppliers have launched product updates to help retailers analyse customer behaviour on self-service web sites and automated call handling services.

ClickFox and E.piphany have added customer service and marketing features to their product suites to help companies mine the vast amount of customer data produced by IT systems.
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Deploying CRM Analytics Software
First developed in the early 1990s by Siebel Systems as a management tool for sales personnel, customer relationship management (CRM) technology has since morphed to include campaign-management applications, call-center software, and customer self-service programs.

Despite years of declining interest in CRM, and despite its miserable track record — just 16 percent of projects result in a positive ROI, according to Boston-based AMR Research — spending on CRM products is now on the rise. The hottest segment in the market is customer analytics — tools that dissect consumer-buying patterns, suss out preferences, and predict future behavior. AMR reckons that sales of business-intelligence/analytics products will top $9 billion this year, up from $7.7 billion in 2001.
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Sage offers CRM options
Sage is poised to launch an online customer relationship management (CRM) suite in the next few months to give firms more options for deploying its software.

However, the head of Sage's mid-market division said there was still little demand for hosted CRM software in the UK, as take-up is hampered by the unreliability and high cost of telecoms carriers.
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