Building a business around SugarCRM

17
Building business success around SugarCRM What worked, and what didn’t Tuesday, October 2, 2012

description

Presentation by REDK from Spain on SugarCRM Partner Summit 2012

Transcript of Building a business around SugarCRM

Page 1: Building a business around SugarCRM

Building business success around SugarCRM

What worked, and what didn’t

Tuesday, October 2, 2012

Page 2: Building a business around SugarCRM

- Founded in 2006- Software engineering services- Started with SugarCRM v2.5- Strong knowledge in software development- Strong emphasis in marketing and business

...a bit about us

Tuesday, October 2, 2012

Page 3: Building a business around SugarCRM

by our own definition we are:

the technology guys who know about business

“business enablers”

Tuesday, October 2, 2012

Page 4: Building a business around SugarCRM

what worked in marketing

a structured multi-cross-channel marketing strategy

...with key metrics in place

Tuesday, October 2, 2012

Page 5: Building a business around SugarCRM

SEM

SEOBought Earned

OwnREDK.net

Multi/Cross Channel Strategy

Newsletter Website CollateralsEvents

Social Channel Broadcasting

Target Market Interaction

Reputation

Visibility

Customer Referral ProgramIndustry Events &

Tradeshows

in marketingwhat worked

Tuesday, October 2, 2012

Page 6: Building a business around SugarCRM

useful metrics

in marketingwhat worked

Cost per lead

Cost per quality lead

Cost per open sale

Cost per won sale

% marketing quoficient

simple

Actual lead source efficiency

Tuesday, October 2, 2012

Page 7: Building a business around SugarCRM

Category Type Subtype SugarCRMSugarCRMSugarCRMSugarCRM

Own

Bought

Online cpl cpql cps %

Own

Bought Offline

Own

Bought

Organic

Own Owned

Online

Own Owned OfflineOwn Owned

Organic

Own

Earned

Online

Own

Earned Offline

Own

Earned

Organic

External

Bought

Online

External

Bought Offline

External

Bought

OrganicExternal

Earned

OnlineExternal

Earned Offline

External

Earned

Organic

Openbravo Pentaho BI Custom

..measure, measure , measure what worked

Tuesday, October 2, 2012

Page 8: Building a business around SugarCRM

nearly 60% of sales comes from up-selling or cross selling to existing clients

...the findings what worked

new sales require hard effort & heavy investment, focus marketing initiatives in quality lead generation

80% of income comes from 30% of the accounts

new sales come, or are closed, through referrals and positive cross-referencing

Tuesday, October 2, 2012

Page 9: Building a business around SugarCRM

to sell CRM we have to practice CRM

...the focus what worked

referrals

Customer Segmentation

Customer life-cycle

Retention vs churn+ +

Tuesday, October 2, 2012

Page 10: Building a business around SugarCRM

...our missionwhat worked

make working with REDK asuccessful experienceexperience

Tuesday, October 2, 2012

Page 11: Building a business around SugarCRM

people who

are willing to damage my

image

lived a negative experience that created

peoplewilling

to listen

interested, attentive, because hope I can provide a solution

...my favorite type of clientswhat worked

Customers willing to

recommendme

trust, value, and care about what I’ve done for his business

Customers willing to support my business &

help me

happy, satisfied and identify

with the brand

Tuesday, October 2, 2012

Page 12: Building a business around SugarCRM

...creating customer centricitywhat worked

methodologiesphilosophy &

culture

- ALM

- BANT - AIDAS

OBJECTIVEEMOTIONAL

learning

collaborative

structured & organized

progressive

- Marketing Metrics & Analytics

- ISO 9001 & ISO 27001

- Sales Metrics & Analytics

meritocracy

customerexperience - SLA Support

- SLA On-demand

- CRM system- ERP system- BI system

courtesy, respect, empathy, excitement

- Implementation Methodology

Tuesday, October 2, 2012

Page 13: Building a business around SugarCRM

...how do business think? what worked

I can only sell a project if the implemented solution will/can:

1. save money2. make more money

1. save money2. make more money

Tuesday, October 2, 2012

Page 14: Building a business around SugarCRM

1. set up the necessary systems to be able measure

3. focus on quality

... our conclussionswhat worked

2. practice CRM: customer centricity

Tuesday, October 2, 2012

Page 15: Building a business around SugarCRM

understand CRM strategy beyond the technology

... our conclussionswhat worked

Tuesday, October 2, 2012

Page 16: Building a business around SugarCRM

Align your business objectives and strategies with your Key Partners

... one final thoughtwhat worked

Tuesday, October 2, 2012

Page 17: Building a business around SugarCRM

Thank you!Danke!

Gracias!Merci!

Tuesday, October 2, 2012