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Topic : Exploring CRM Strategies
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Started by : Uday Singh, Sales/BD Manager, Covansys   12 17 2008 13:53:48 +0000
Industry : IT ServicesFunctional Area : Strategy Execution(Strategy & Execution)
Activity:  45 views;  last activity : 07 06 2010 20:18:09 +0000

CMR is one of the most effective tools of increasing revenue, customer satisfaction, and customer retention by improving customer relationships. But some CRM strategies fail. Why ?

Please share if you have any idea why CRM strategy fail ? If you have seen a CRM strategy which have failed after implementation. Please share... Thank you so much...

 

 
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1 Too much Customization
2 Not enough focus on the customer
3 Time Waste

Too much Customization

idea posted by Uday Singh Sales/BD Manager, Covansys

I feel most of CRM strategies fail because of customization.(Some fail because of no customization also)

An organisation may add too much custom feature in the excitement over the potential for constructing detailed customer profiles and automating all complex process. If every process is going to be automated them implemenataion will take time and any updates later on in the system will be hard to do. So it better to customize only those feature which might be suitable after few years also.

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by Kedar Deshmukh, Sales/BD Manager, Sasken  | 12 17 2008 14:03:15 +0000

Hmmm...No customization and over customization can lead to failure of CRM strategy. Well said Mr.Uday Singh

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Not enough focus on the customer

idea posted by Sushil Darveshi Sales/BD Manager, Honeywell
When companies fails to focus on customers there is no use of implementing CRM in an organisation.Focusing on the technology and not on the customer service will cause the most advanced CRM strategy to go wrong.

What does CRM stands for ?? Its Customer Relationship Management right ? So the first preference should be given to customer always when implementing CRM.

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Companies are not able to effectively concentrate on their target customer and they spend most of their resources on customers who are not their main customers.

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Well I agree with you that if customer service is not the 1st preference of an organisation,then no use of having a CRM system.

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Time Waste

idea posted by Raju Ramalingam Business Analyst, Rhytha Web Solutions

We spend more time on updating the CRM System.

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