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Follow on Google News | Business Excellence Magazine Features Industrial CRM by CommenceBusiness Excellence Magazine Features Industrial CRM by Commence
By: Larry Caretsky Since 90 percent of revenue can be generated by only ten percent of existing customers, focusing on these customers guarantees a continued revenue stream, as well as creating advocates that will help attract a new customer base in a cost-effective manner. According to Caretsky, “Smart industrial organizations gather several key data points during customer research, which all helps to define a CRM profile. • How clearly can customers articulate your value proposition? • How well do customers know products or services? • What is the customers preferred method of purchasing products and services supplied? • Who do customers consider to be the preferred supplier products and services? • When do customers typically purchase products and services? • Why do customers typically purchase products and services? • How do customers use products and services? • Who is the decision maker? Who else influences the purchase? • How do customers evaluate suppliers? Commence offers industrial companies complete “Freedom of Choice” to select the solutions and platform that best meets the business requirements of manufacturers and distributors. The comprehensive CRM Industrial application suite is available for use on premise or on-demand as a hosted service. Industrial leaders often build departmental CRM solutions with the award winning Commence Industrial CRM Framework. These choices are why so many industrial companies choose Commence as the solution for managing customer relationships. All Commence Industrial solutions support mobile or wireless connectivity and integration to back-office accounting and ERP systems. According to manufacturing journalist, Thomas R. Cutler, author of the article titled, “In the Know,” Lean Industrial CRM is the fastest technology growth element in the manufacturing sector. Cutler asserts, “With up to ten years of continued process improvements on the plant floor, back office, and distribution operations, manufacturers have finally arrived at the front door of customer relationship management (CRM). Still engineering and operations focused, many senior manufacturing executives are strongly resistant and visibly uncomfortable in approaching lean CRM.” Commence Corporation www.commence.com Larry Caretsky Marketing@commence.com 732-380-9100 Website: www.commence.com End
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