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Appendix 1: Common CRM functionalities for SMEs (Source: Jay Curry 2002, HOW
TO SELECT A CRM SOLUTION FOR A SMALL TO MEDIUM-SIZE ENTERPRISE)
Sales Functions
Marketing Functions
Customer Life time value Analysis Calculates the current and expected profit
contribution of a customer during his
lifetime.
Appendix 2: The scorecard to evaluate CRM functionality (Adapted from CRM
software evaluator by The Customer Marketing Institute 2001)
Sales Functions
Calendar/Scheduling
Contact Management
Lead Management
Pipeline Management
Quotation Management
Territory Management
Campaign Management
Direct Mail Management
Email Management
Show/Seminar Management
Documentation/Collateral Mgt.
Banner Ad Management
Customer Segmentation
Customer Profiling
Customer Potential
Customer Share
Customer Profitability
Customer Satisfaction
Appendix-I
Greetings
I am very pleased that you are vigorously participating in our research study of
Customer Retention through Customer Relationship Management in the Service
Sector particularly Small and Medium Enterprises. I would be pleased about your
taking a few minutes of your time to answer the questions. The main objective of this
research is to comprehend and further review your perception and feedback of using
Customer Relationship management in the company and its benefits and loophole if any
face by you.
The estimation and proposition offered by you shall be kept stringently confidential and
the data shall be exclusively used for academic purpose. Your participation is
completely voluntary and anonymous. You may exit this survey anytime you want. I
take the pleasure to solicit your kind suggestion and shall be obliged, if you kindly
consent to answer few of the questions.
Thanking you for your kind participation.
Mr.Manoj Aiyer
Ph.D. Scholar, KIIT School of Management, KIIT University, Bhubaneswar
E.mail: aiyer.manoj @gmail.com; Mobile: 91- 8879808787
Questionnaire
Name: ________________________________
Sector: _________________________________
Designation: _____________________________
Age: ____________________________________
Gender: _________________________________
Location: ________________________________
1. What is CRM?
_______________________________________
_________________________________________
____________________________________________
____________________________________________
____________________________________________
_____________________________________________
_____________________________________________
_____________________________________________
____________________________________________
Outcome of the above survey:
Total no. of company covered in the survey was 10
During Graphical representation I have considered feedback of any 5 company.
Interpretation:
As we can see in the above graph maximum company suggests building their own
customized software for their Small and Medium Enterprise for better usability and good
out-put.
Buying a ready to use software is not recommended as you fail to get precise features
what you need for your company. Many a time you end up buying CRM software which
has many such feature which are of no use.
Hence building a customized CRM software will always be beneficial as you can add
your own required features which gives you a desired outcome for your company.
What technologies should be used to develop CRM?
Interpretation:
By observing the above graph we can easily make out that Social Networking technology
is in high demand when it comes to building once own customize CRM Software
How long does it take to implement CRM solution?
Interpretation:
In the above pie diagram, we can easily make out that the time taken to implement CRM
software should not be more than 25 days.
In case of few companies this timeline may excide up to 45 days if the CRM
implementation is way customized than the regular software used by other companies.
It sometime becomes very difficult for the company to easily implement the software
because of the minute and precise customization involved.
When it comes to connecting with the lost customers, CRM plays a significant role for
some companies wear as for some companies it fails to connect with their old customers.
While developing the software one has to keep in mind the minute details you want to
implement in your software.
By reading the above graph and pie-chart and their relative interpretation one can easily
make out that implementing a well developed and customized Customer relationship
Management software helps them to build a good relation with their customer and
increase a revenue over the time.