CRM & Customer Care Savings

Module Description of Business Issues Startup Corporate Enterprise
LS loss due to Ineffective Customer Leads
% loss for time wasted in non-revenue producing leads
$ 30,000 $ 120,000 $ 400,000
AM % loss due to ineffective marketing $ 25,000 $ 50,000 $ 100,000
AM Insufficient service after sales
% loss of customers due to not meeting customer’s needs timely
$ 25,000 $ 50,000 $ 100,000
AM delays in filling customers’ orders
% loss for dissatisfied customer’s order Cancellation
$ 10,500 $ 21,000 $ 42,000
LS % loss of time and shipping charges due to wrong items sent
% Clerical errors in invoicing
$ 30,000 $ 60,000 $ 50,000
AM % loss of interest in delayed billing the customers $ 5,000 $ 10,000 $ 20,000
AM Inefficient reports of customers’ receivable
% loss of interest in delayed receivable
% loss due to bad debts
$ 40,000 $ 80,000 $ 160,000
AM Customer Relationship with staff
% loss of customers due to ineffective customer relation
$ 20,000 $ 40,000 $ 80,000
AM Inaccurate Commission plan for sales reps.
% loss of revenue due to Reps. Giving more discounts to customers
$ 15,000 $ 30,000 $ 60,000
AM Commissions to Sales Reps.
% loss due to too much commission given
% loss due to ineffective sales reps
$ 52,500 $ 105,000 $ 150,000
AM Incomplete CRM data of Customers and important Staff members
% loss due to not knowing proper person to contact for sales
$ 37,500 $ 50,000 $ 100,000
AM Incomplete historical data of customers’ purchases and needs
% loss due to not knowing correct time for repeat orders and service
$ 37,500 $ 45,000 $ 60,000
LS Not using Microsoft Outlook for customer email, tasks, contacts etc.
% loss of time used to manually and separately doing things
$ 37,500 $ 150,000 $ 150,000
AM Managing sales challenges without CRM strategies
% loss due to non collaboration of employees internally & externally
% loss due to employee’s inability to analyze customer information
% loss due not to forecast sales, business performance, trends etc.
$ 35,000 $ 70,000 $ 100,000
LS/AM Separate accounting, sales, marketing, and customer
support databases
% loss due to time spent in connecting databases
% loss of business for inability of team members to know sales & quota
$ 42,500 $ 160,000 $ 260,000
AM % loss for high percentage of Sales and general administrative expense $ 37,500 $ 75,000 $ 150,000
AM Remote sales people have their own databases which manager
cannot see
% loss when sales people are terminated, they take all data with them
$ 35,000 $ 35,000 $ 70,000
AM No way of enforcing a sales process for sales team
% loss for sales people not following the sales process
% loss for sales brought in late in the quarter at a significant discount
% loss for management fighting Fires instead of mentoring and training
$ 22,500 $ 45,000 $ 50,000
AM Purchase Manager’s in ability to correctly forecast purchase requirements
% loss due to under purchase
% loss of bank interest due to over purchase
$ 30,000 $ 60,000 $ 60,000
AM Production Manager’s inability to predict time of completion of product
% loss of orders due to products not ready in time
% loss due to insufficient materials in stock
$ 10,000 $ 20,000 $ 40,000
AM Lack information about updated credit history of customers
% loss due to bad debts
$ 10,000 $ 20,000 $ 40,000