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Outsmart and Out Execute Your Competition with Oracle CRM On Demand Pavels Kilivniks 21/06/2011
Today’s Landscape “Stocks Rise Sharply on More Signs of Recovery” “CEOs See Economy Improving” “Has the Recession Bottomed Out?” “Are We On the Road to Recovery?” “China Manufacturing Expansion Fuels Recovery Bets” “Signs of Demand Recovery Emerge in U.S. and Japan” “The Recession? It’s Over, Says Economist” “Rising Orders Fuel Optimism for Manufacturing Recovery “Hopeful Signs for EconomyEmerge in Latest Data” “U.S. Recession Appears Near Bottom
‘Driving Growth in a Challenging Economy’ Vignette
The Challenge for Chief Sales Officers PAIN POINTS ,[object Object]
Smaller and more competitive opportunities
More demanding customers
Forced discountsDriving Growth in a Challenging Economy
Why Should CSOs Address This Challenge Now? Because They Must… Drive growth regardless of economic conditions Grow revenue rather than protect revenue Protect and grow margins versus letting margins erode
What If CSOs Had a SolutionThat Could… ,[object Object]
Improve sales execution and win rates
Create more time to drive growth and increase wallet share
Provide margin protection and support margin growth,[object Object]
How Can Oracle Help CSOs Now?
After All, Most On Demand CRM Offerings Provide… NICHE COMPETITORS ORACLE CRM ON DEMAND ,[object Object]
Ease of use
Predictable costs
Low risk
Fast deployments
Ease of use
Predictable costs
Low risk,[object Object]
Why Get Smarter? Increase our win rates? How can we… Move through the sales cycle more quickly? Get better quality leads? Best focus our resources? Target the most lucrative markets?
Get Smarter. “At a time when firms in many industries offer similar products and use comparable technologies, business processes are among the last remaining points of differentiation. And analytics competitors wring every last drop of value from those processes.” –Thomas Davenport, “Competing on Business Analytics,” Harvard Business Review
Act on Insight Immediately
Act on Insight Immediately with Real-Time and Historic Analytics ,[object Object]
Prompt informed actions with interactive dashboards
Leverage the industry’s only on demand solution with this capability,[object Object]
Mash up wide range of CRM information for optimized insight
Empower users across your organization with this capability,[object Object]
Align Everyone with Trusted Information with Reports ,[object Object]
Showcase dashboards across CRM On Demand tab homepages
Easily drilldown into report and dashboard data for key insights,[object Object]
Rapidly increase accountability for producing results
Drive team efficiency and productivity,[object Object]
Increase efficiency and speed of task completion
Rapidly increase user adoption,[object Object]
“Our internal clients can now get answers in minutes when it used to take weeks.” –Tripp Partain, CIO, Global Platforms, Equifax
Why Get More Productive? Deliver better results with fewer resources? How can we… Get new reps to quota more quickly? Streamline our sales processes? Leverage best practices across the organization? Increase channel sales?
Get More Productive. “When we measure salespeople’s “non-customer facing time,” we find that it often amounts to more than half of their total hours.” –Ledingham/Kovac/Simon, “The New Science of Sales Force Productivity,” Harvard Business Review
Uncover Hidden Demand
Uncover Hidden Demand with Sales Prospector ,[object Object]
Identify hidden opportunities in new & existing accounts
Analyze customer attributes and product purchase history,[object Object]
Rapidly respond & adjust to rapid changes in your company
Get the right information to the right team members,[object Object]
Focus On More of the Right Leads With Lead Management ,[object Object]
Easily assign leads via a built-in wizard
Ensure lead quality with embedded lead qualification call scripts,[object Object]
Drive Every Qualified Opportunity with Sales Automation ,[object Object]
Easily track deal status through the sales cycle
Scale your team’s skills & improve sales consistency with built-in coaching,[object Object]
Why Get the Best Value? Show provable ROI quickly? How can we… Get the most experienced guidance? Get the best service? Increase our margins? Reduce costs?
Get The Best Value, Period. “Investments in technology-enabled business processes can deliver up to ten times the impact of traditional IT cost reduction efforts.” –Kaplan/Sikes, “Managing IT in a Downturn,” The McKinsey Quarterly
Leverage Oracle’s Experience to Gain Immediate Advantage
Leverage Oracle’s Experience in CRM ,[object Object]

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Outsmart Your Competition With Crm On Demand

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  1. NOTES FOR REVIEW ON THIS SLIDE:Take a long term view of the sales force investment. A lot of times folks reach for the panic environment in a down environment. But the fact is that a salesforce is a LT investment you manage on 2-3 year time horizon. If you change that benchmark to quarterly, you make very diff't decisions and end up leaving money on the table. --Protect your top salespeople. In a challenging economy, the notion that 'they have nowhere to go' is not a great strategy. Your top people always have options, so you need to have them stick around, even if you have to give them incentives to do so.Convey a LT vision of the value of the sales force. Your top earners, who may not be earning as much, need to recognize this picture will change. Be candid and fact-based versus "positive." This means "the value that the sales force delivers to the company." Everybody wants to know THEY'RE delivering value. In tough environments, one's perceived value goes down, morale is compromised, etc. Re-establish that the sales rep is the link between the customer (listening to, caring, conveying value props) and the company.Assess your salesforce investment. Take stock on what that investment looks like (largely an analytical exercise). There are benchmarks available to compare to peer co's in similar industries, with similar business models.Focus sales reps on the right accounts and the right products. Those that most impact the LT sustainability of the business.
  2. What’s the bottom line for sales leaders? We know that what’s keeping you up at night is the following: How can I beat my competition? How can I maximize my team’s productivity? How can I get my team to adopt tools that are easy to use and that they’ll love? How can I ensure that I’m making the best short term decision that will provide fast ROI? And how can I make the best long-term decision as well?The answer” Only Oracle CRM On Demand enables your organization to get smarter and beat the competition. And we do it with solutions that are easy to use, provide fast ROI, and are available from a single vendor with a long-term track record and a broad software portfolio.
  3. But insight alone is not enough. Organizations need a variety of tools that not only institutionalize and automate critical sales processes, but also help focus reps on the most lucrative opportunities. To this point…
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  7. Revenue, R&D, employee/developer/support professionals numbers updated with FY09 information per the FY09 10K
  8. Our three key differentiating points for Oracle CRM On Demand are as follows:With Oracle CRM On Demand your organization gets smarter with the industry’s best insight capabilities…in CRM On Demand and a number of complementary applications.Oracle CRM On Demand gets your teams more productive. Once equipped with actionable insight, we provide the tools that help your teams maximize their efficiency and effectiveness.With Oracle, you get the best value, period. We provide the best of both worlds: a) the best solution for achieving rapid time to value with great software as well as unmatched CRM experience; b) superior economics provided by the leader in enterprise software.Here is more detail on each of these three elements.
  9. DirecTV is the leading satellite –based television service provider with more than 17.6 million customers. Selling DirecTV services through a network of dealers and retailers is a critical distribution channel for the company. Unfortunately, prior to deploying Oracle CRM On Demand, the sales and management team at DirecTV was hampered by a number of outdated and inconsistent systems for tracking customer and partner information. This hindered efficiency, effectiveness and insight. According to Eric Walters, CRM project manager in the sales operations organization at DirecTV, Oracle CRM On Demand provided significant ROI, at a level of 432 percent with payback in less than 2.5 months. And because critical information is now centrally located, easily accessible…and a wide range of analytics can be performed on it, the sales team Erik works with has reduced call preparation time by a combined 90 hours per week. And DirecTV has reduced the time required to generate reports on critical items like issue resolution and pipeline activities from seven days to less than one day.