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Tag Archives: sales 2.0

CRM trends to watch in 2011

Web 2.0 Acceleration: If it wasn’t clear before, we now absolutely live in an instantaneous and interconnected world that our CRM processes must reflect. Growth of open CRM systems, particularly “as a service” platforms will accelerate to leverage social, mobile and global dimensions of essentially the same issue of managing and facilitating customer relationships. Self-serve will gain more prominence as technology makes it easier to facilitate cross-communication among customers. Integration of Data: Salesforce.com’s launch of database.com will trigger a new trend towards taking the PAIN out of everything data-related: creating, consolidating, cleansing, appending and extracting intelligence. The idea is bring all these functions into one place, including applying domain expertise. You could argue that benefits might be limited to a particular platform, but this phenomenon will gain momentum as more CRM systems “open-up” as well. Embedded BI/predictive actions: Insights are good, but actions are better because ultimately they drive revenue, save costs or increase margins. Companies already invested in CRM will seek to get more out of it by increasing high value analytic content and driving consistent actions across and within all channels. With analytic integration further facilitated by tools such as predictive modeling markup language (PMML), the latency from …Read More

How inside sales can engage Customer 2.0, the social customer

Web 2.0  –  Sales 2.0  -  Customer 2.0 How will these change inside sales? As the Harvard Business Review notes in The Moment Social Media Became Big Business, the balance of power is shifting. Senior business leader adoption of social media has been “hesitant,” but your prospects and customers are using it. They are Customer 2.0. To learn more, today I attended the Customer 2.0 Roadshow at the wonderful Hotel Sax in Chicago. This event was hosted by Inside View and Marketo, with foreword by FOCUS and panel discussion moderated by the American Association of Inside Sales Professionals. An afternoon well spent, many thanks to the sponsors and coordinators. So who exactly is Customer 2.0? In Customer 1.0, communication was outbound, one-way, towards the customer. Think mass media, TV, door-to-door salesmen and Sears 500 page catalogs. In Customer 2.0, buyers source their own information – anywhere, anytime, anyplace. Those sources are company websites, Wikipedia, marketplaces, blogs, friends and colleagues (Facebook, Twitter), profiles (LinkedIn), YouTube and Google. I now clearly got an answer to who is Customer 2.0. Along with that I realized five fundamental paradigms have shifted: Customer 1.0 was: Customer 2.0 is now: Selling Cycle Buying Cycle Closing Helping Branding Content Active Behavior Latent Behavior …Read More