Ogre businesses score at the higher end of the CRM maturity model.
A typical company in this category has undertaken a cultural shift to advance from a product-centric to a customer-centric company. It requires a change in customer strategy, and most notably a change in perspective. Instead of defining successful customer relationships strictly from an inside-out company perspective, it’s now apparent that to grow mutually rewarding customer relationships, you’re going to need to include some outside-in perspectives and understand how your customers define successful relationships.
Ogre’s CRM technology continues to morph with other business applications so that customer-facing staff, line managers and knowledge workers all have access to real-time and on-demand customer information, as well as reports and business intelligence regardless of where the data resides. Messaging to customers has evolved from a monologue into a dialogue whereby the conversation flows in both directions. In this phase, smart CRM programs will be supplemented with Customer Experience (CX) strategies.
To get to this phase, Ogres will have undertaken analysis to understand what customers really want from their supplier relationships. Customer strategy will include what’s most important to customers, KPIs will be inextricably linked to the company’s most important customer and revenue objectives, and customer segments will be defined by behavioural personas. The customer view will have advanced from a departmental to an enterprise-wide view, and information analysis will evolve to include flexible analytics.
Ogre businesses want to refine their processes and move towards more predictive modelling so they’ll be able to understand how any initiative implemented will impact future revenues.
Advice to improve your CRM maturity
Well done, you’re already making good use of your CRM system, but through additional refinement you can push on to the final level.
In order to increase the productivity of your CRM system, Ogres typically need to focus on:
Evolving from a mix of effective departmental programs to a central enterprise-wide strategy
Linking CRM strategy to revenue performance realisation. For example, automating up-sell, cross-sell and Next Best Offer (NBO) techniques using database profiling for product combinations and recommendations
Using predictive analytics with data interrogation, what-if analysis, and sophisticated modelling to not just forecast what’s ahead, but understand how any initiative implemented now will impact future revenues
Introducing secure access for customers and partners to enable them to self-serve and to start providing them with value-add information to aid them in their own decision making
Making KPIs more revenue-focused and forward-looking rather than using metrics that are historically focussed; incorporating performance measures such as Customer Lifetime Value (CLV)
How Arrk can help you realise the potential of your CRM
Companies in the Ogre category have benefited from this range of Arrk services:
Our trademarked CRM health check provides you with:
5 point dashboard
Reduce the cost and implementation time by 20%:
Rapid successful delivery
Cost efficient teams
A configurable support package, flexible to meet your needs:
Service and admin requests
Heath check assessments
CRM User Training
Increase the adoption of productivity of your employees:
For more information on how Arrk can help your organisation, contact our team today.