ORACLE-Customer-Concepts EN 2011-02
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Issue <strong>2011</strong>.<strong>02</strong><br />
Ensuring an optimised<br />
customer experience<br />
<strong>Customer</strong> Experience<br />
Management<br />
Why and how to ensure a consistently<br />
excellent customer experience across<br />
every channel<br />
Sales Productivity<br />
The best value tools to enable your<br />
sales teams to work smarter and be<br />
more productive<br />
Master Data Management<br />
How taking control of customer data<br />
drives improved service, increased loyalty<br />
and higher sales
“A multi-channel<br />
approach to the<br />
customer experience<br />
is no longer enough<br />
to ensure success.”<br />
In This Issue<br />
THE SECRETS OF<br />
GREAT CUSTOMER<br />
EXPERI<strong>EN</strong>CE<br />
MANAGEM<strong>EN</strong>T<br />
Welcome<br />
Forget multi-channel –<br />
go cross-channel!<br />
In today’s hyper-connected world, most companies are trying to maximise revenues<br />
by selling to and interacting with customers across multiple physical and digital channels.<br />
However, this multi-channel approach to the customer experience is no longer<br />
enough to ensure success.<br />
The proliferation of Internet-based platforms for commerce, information sharing and<br />
opinion forming means that customer behaviour is now guided by a wider range<br />
of influencers than ever before – most of whom are independent. In addition, customers<br />
are accessing these platforms via an ever-expanding range of devices, from<br />
smartphones to tablet computers.<br />
Given this fragmentation of influence and access methods, the potential for the customer<br />
experience to also fragment is considerable. The result is customer frustration,<br />
lower satisfaction and lost sales. That is why it is time for a new, cross-channel approach<br />
to customer experience management (CEM).<br />
This edition of <strong>Customer</strong> <strong>Concepts</strong> focuses on:<br />
CONNECTING THE CUSTOMER EXPERI<strong>EN</strong>CE – why and how to pursue sales, marketing<br />
and service consistency across channels<br />
SALES IN MOTION – the best value approach to enabling smarter, more productive<br />
selling from anywhere<br />
A HOLISTIC CUSTOMER VIEW – empowering deeper, broader customer relationships,<br />
improving customer service, and supporting sales through data centralisation<br />
For an even more detailed analysis on how to deliver a superior cross-channel commerce<br />
experience, you can also download a special white paper that recently appeared<br />
in DestinationCRM magazine: oracle.com/goto/crosschannel_commerce<br />
I hope you find this edition of <strong>Customer</strong> <strong>Concepts</strong> valuable. As always, ideas, suggestions<br />
or requests regarding any aspect of the magazine are always welcome!<br />
Best regards,<br />
Steve Fearon<br />
Vice President, Applications Sales Development,<br />
Alliances & CRM On Demand, EMEA<br />
Oracle United Kingdom<br />
Next Issue<br />
GAIN INSIGHTS INTO<br />
SHAPING YOUR<br />
SERVICE EXCELL<strong>EN</strong>CE<br />
Contact Us<br />
FOR FURTHER<br />
INFORMATION<br />
0870 876 8301<br />
applications_gb@oracle.com<br />
<strong>Customer</strong>s commonly use multiple channels and devices<br />
within the context of a single purchase. However,<br />
the way most companies manage the customer experience<br />
has not changed. Discover new approaches to CEM<br />
and the technologies empowering them.<br />
SIX KEY CEM TR<strong>EN</strong>DS<br />
1) The move away from a siloed approach to CEM, towards<br />
an integrated approach that leverages cloud-based software<br />
tools to increase revenues and reduce costs<br />
2) A shift in thinking which acknowledges that customers<br />
use multiple channels per buying decision, and seeks to<br />
ensure a smooth experience as they switch between them<br />
3) A focus on improving sales effectiveness through the<br />
integration of mobile access to sales tools<br />
4) The increasing use of social networking tools within<br />
customer groups and sales organisations<br />
5) Efforts to create a more balanced distribution of sales<br />
opportunities across sales territories.<br />
6) The evolution of powerful but easy-to-use CEM applications<br />
based on open standards<br />
Watch the webcast:<br />
oracle.com/goto/crm_online_forum<br />
MAXIMISING SOCIAL COMMERCE<br />
Combining customer data and social media presents an<br />
enormous but largely untapped opportunity for merchants.<br />
Only few early adopters have succeeded in going beyond a<br />
passive “monitoring the conversations” exercise, or placing<br />
a storefront on Facebook by pairing customer data from social<br />
media channels with their existing CRM, Web analytics,<br />
merchandising and e-commerce systems. Nevertheless, industry<br />
observers believe this shift, often referred to as “social<br />
CRM” or “sCRM,” represents the next great wave in<br />
online commerce.<br />
Download the white paper:<br />
oracle.com/goto/maximize_social_commerce<br />
<strong>EN</strong>ABLING CUSTOMER EXPERI<strong>EN</strong>CE<br />
MANAGEM<strong>EN</strong>T<br />
Independent analyst Forrester believes we are transitioning<br />
into a new era of agile commerce in which the right<br />
<strong>Customer</strong> Experience Management<br />
Delivering a cross-channel experience<br />
2. 3.<br />
approach to CEM can increase sales, improve customer<br />
retention, lower costs and enhance differentiation. Oracle<br />
is developing the CEM solutions you need in this new business<br />
environment.<br />
Watch the webcast:<br />
oracle.com/goto/forrester_cem<br />
INTEGRATING MARKETING & LOYALTY<br />
Organisations’ CEM processes need to catch up with the<br />
way customers make purchases today. That means ensuring<br />
customer interactions are consistent and valuable, irrespective<br />
of the channel used. To achieve this, thorough customer<br />
profiling for increased marketing effectiveness, a personalised<br />
user experience, and rewarding loyalty are all essential.<br />
Watch the webcast:<br />
oracle.com/goto/crm_online_forum<br />
NEW CUSTOMER SERVICE TECHNOLOGIES<br />
Oracle is developing a range of technologies that enable a<br />
consistent cross-channel customer experience. Real-Time<br />
Decisions supports the delivery of tailored product recommendations<br />
based on individual user behaviour. Oracle Policy<br />
Automation provides a simple user interface for customers<br />
and service agents to easily execute potentially complex<br />
tasks. Oracle E-Billing gives customers much greater insight<br />
into their spending patterns and makes optimisation recommendations.<br />
Oracle Real-Time Scheduling ensures customers<br />
can perform tasks or receive purchases at their convenience.<br />
Finally, Oracle’s Live Help solution powers smart<br />
live website service interactions based on user behaviour.<br />
Watch the webcast:<br />
oracle.com/goto/crm_online_forum<br />
Getting it right<br />
Discover the seven steps to boosting sales and customer<br />
satisfaction while lowering service costs:<br />
oracle.com/goto/seven_steps
Imagine having access to comprehensive information<br />
about your pipeline, opportunities, leads, accounts and<br />
contacts, plus the ability to analyse and update it – all in<br />
real time, and all via your smartphone or other mobile<br />
device. Enterpriseclass Cloudbased CRM solutions like<br />
Oracle CRM On Demand make it possible.<br />
Picture the scene. Prior to an important sales meeting, you<br />
realise you do not know all the customer attendees. So you<br />
take out your phone, look up their public profile on a site like<br />
LinkedIn and import it into your contact management tool.<br />
Then you access a complete history of all the inter actions<br />
with this prospect, the details of the current oppor tunity,<br />
and other relevant information such as recent press releases.<br />
You are now fully informed, improving the chances of<br />
a successful meeting. Not only that, after the meeting you<br />
perform follow-up activities such as updating oppor tunity<br />
details and creating tasks as you walk to your car.<br />
<strong>ORACLE</strong> CRM ON DEMAND RELEASE 19<br />
The latest release of the complete, integrated and<br />
enterprise-class Oracle CRM On Demand solution is making<br />
this kind of mobile productivity a reality for tens of thousands<br />
of sales people globally.<br />
In addition to the mobility aspects, Release 19 features<br />
multi ple enhancements in industry-specific functionality,<br />
transaction and communication integration, collaboration<br />
and the delivery of the platform as a service.<br />
Watch a video about the new functionality:<br />
oracle.com/goto/crm_online_forum<br />
Oracle CRM On Demand Release 19 enables sales organisations<br />
of all types and sizes to:<br />
Sales Productivity Master Data Management<br />
Closing deals via the cloud Master your data, maximise customer<br />
relationships<br />
Oracle CRM On Demand in action<br />
Discover how organisations all over the world<br />
are leveraging the power of Oracle<br />
CRM On Demand:<br />
oracle.com/goto/leverage_crm_on_demand<br />
GET SMARTER<br />
Oracle CRM On Demand provides the historical ana lytics<br />
and real-time reporting to support informed decision-<br />
making. It also integrates sales and marketing information<br />
to create a unified pipeline for greater effectiveness visibility,<br />
better quality leads, higher close rates and a shorter sales<br />
cycle. In addition, it provides a 360-degree view of the customer<br />
across all channels through a hosted contact centre,<br />
integrated sales, marketing and service data, and integration<br />
with Microsoft Outlook.<br />
Watch Oracle customers talk about getting smarter:<br />
oracle.com/goto/increased_visibility<br />
GET MORE PRODUCTIVE<br />
Oracle CRM On Demand provides quick, easy access to<br />
complete customer information via mobile devices such as<br />
smartphones and the iPad. It helps you replicate success<br />
by allowing you to change workflows to close performance<br />
gaps between sales people.<br />
Watch Oracle customers talk about getting more<br />
productive: oracle.com/goto/increased_productivity<br />
GET THE BEST VALUE<br />
Oracle CRM On Demand enables tailored industry-specific<br />
processes that help you maximise the effectiveness of your<br />
sales, marketing and service activities. It also offers the security,<br />
integration, scalability, and flexibility that only come<br />
with a truly enterprise-class SaaS solution, in addition to low<br />
total cost of ownership.<br />
Watch Oracle customers talk about getting the best value:<br />
oracle.com/goto/bestcrmvalue/en<br />
Greater competition increases the importance of retaining<br />
customers. However, poor customer data quality<br />
and management stop many organisations from maximising<br />
the service, upselling and crossselling opportunities<br />
that would deepen their customer relationships<br />
and increase loyalty. We identify five key aspects of creating<br />
and extracting value from master customer data.<br />
1) CONSOLIDATION THAT <strong>EN</strong>SURES<br />
COMPLET<strong>EN</strong>ESS<br />
A comprehensive, accurate and up-to-date view of customer<br />
information is the foundation of great customer relationships.<br />
This consolidated view will enable you to extract the<br />
insight you need to improve customer service and spot new<br />
sales opportunities. Look for a tool that delivers the interfaces,<br />
services and processes necessary to consolidate customer<br />
data from multiple heterogeneous systems.<br />
2) CLEANSING THAT MINIMISES ERRORS &<br />
DUPLICATION<br />
Ensuring data accuracy requires effective tools to analyse,<br />
standardise, cleanse and de-duplicate the data to eliminate<br />
errors and redundant information. Ideally, it should also be<br />
possible to easily enrich each customer record by integrating<br />
additional, external information.<br />
3) GOVERNANCE THAT SUPPORTS COMPLIANCE<br />
FULFILM<strong>EN</strong>T<br />
Secure data handling and privacy policy compliance is essential<br />
for building and maintaining customer trust. Proper<br />
data governance provides a solid framework for determining<br />
who can access and edit specific data fields. This helps<br />
ensure full internal accountability for data management and<br />
reduces the chances of data errors or misuse.<br />
4) SHARING BETWE<strong>EN</strong> OPERATIONAL SYSTEMS<br />
To extract maximum value from centralised master customer<br />
data, you need to be able to share it across key business<br />
processes. For example, sales personnel should be able<br />
to call up information on a customer’s most recent service<br />
requests that might affect their next conversation. So, it is<br />
important that customer data is accessible to multiple applications<br />
across the organisation.<br />
5) INTEGRATION WITH EXECUTION TOOLS<br />
Once a complete, centralised set of master customer data<br />
has been established, it can be used to improve service levels<br />
and maximise possible up- or cross-selling opportunities.<br />
4. 5.<br />
This requires integration with tools that help you extract insight<br />
from customer data and use it to, for example, design<br />
loyalty campaigns based on a more thorough understanding<br />
of a customer’s buying behaviour, service experience, and<br />
likely needs.<br />
Oracle <strong>Customer</strong> Hub, Oracle’s lead <strong>Customer</strong> Data Integration<br />
solution, is a key part of Oracle’s approach to master data<br />
management.<br />
Learn more about Oracle <strong>Customer</strong> Hub:<br />
oracle.com/goto/customer_hub<br />
Integrating your customer data with a solution like Oracle’s<br />
Siebel Loyalty Management enables you to extract insight<br />
that helps you understand your customers more<br />
deeply, serve them more effectively, and maximise sales<br />
opportunities.<br />
Learn more about Oracle Siebel Loyalty Management:<br />
oracle.com/goto/Siebel_Loyalty_Management<br />
For the latest thinking from Oracle on master data management,<br />
read the Oracle Master Data Management<br />
blog: blogs.oracle.com/mdm<br />
Learn more<br />
Discover how master data management can<br />
support the success of Cloud computing initiatives:<br />
oracle.com/goto/mdm_and_cloud_computing
Success with Oracle solutions<br />
Hundreds of organisations across the globe are using<br />
Oracle solutions to help optimise the customer experience,<br />
enhance sales productivity and establish a set of<br />
master customer data. Here are just a few examples.<br />
AMBU A/S, D<strong>EN</strong>MARK<br />
Ambu A/S develops, produces, and markets diagnostic and<br />
life-supporting equipment and solutions to hospitals and<br />
rescue services. The company selected Oracle CRM On<br />
Demand to help it:<br />
• Lower its CRM development and maintenance costs while<br />
increasing scalability to meet future requirements<br />
• Standardise sales processes across its sales affiliate<br />
organisations<br />
• Increase the depth of information recorded for both converted<br />
and unconverted sales opportunities<br />
• Improve insight into customer buying behaviour to improve<br />
campaign and sales activity effectiveness<br />
Results included:<br />
• Improved customer data quality, enabling more targeted<br />
sales and marketing activities to precisely defined customer<br />
segments<br />
• Increased sales performance and pipeline visibility through<br />
mobile access to detailed account information<br />
• Enablement of real-time reporting capability<br />
• Scalable system launched in ten countries within twelve<br />
months<br />
Allan Murphy Bruun, Business Consultant, Ambu A/S, comments:<br />
“Oracle CRM On Demand is a proven CRM platform<br />
with options for strong integration with other applications.<br />
Oracle’s features, such as pipeline management, lead generation,<br />
and tracking tools, have improved our ability to apply<br />
best-practice sales processes.”<br />
Read the full story:<br />
oracle.com/goto/ambu_sales_pipeline_visibility<br />
<strong>Customer</strong> Voices<br />
G<strong>EN</strong>TOO GROUP, UK (PUBLIC SECTOR)<br />
This leading property development and management organisation<br />
needed to boost customer satisfaction, loyalty, retention<br />
and advocacy through a more personal, high-quality<br />
service, while simultaneously cutting overhead and improving<br />
staff efficiency. Implementing Oracle CRM on Demand<br />
helped the company improve customer satisfaction by 20%<br />
and cut annual IT costs by $190,000. David Dixon, Director<br />
of <strong>Customer</strong> Experience at Gentoo Group reports: “Oracle<br />
CRM On Demand has enabled us to innovate and reengineer<br />
our business around customers and communities, win<br />
the hearts and minds of our committed employees, and<br />
drive out cost as we expand our portfolio of creative, holistic<br />
housing and lifestyle solutions for a new-generation.”<br />
Read the full story:<br />
oracle.com/goto/gentoo_client_satisfaction<br />
CSA CONSULTANTS, INDIA<br />
This leading east-Indian IT services and consultancy firm<br />
wanted to consolidate its customer information and improve<br />
its lead conversion rates. CA Manoj Mani Agrawal, Managing<br />
Director, CSA Consultants Pvt. Ltd, reports: “Oracle CRM<br />
On Demand enables us to record and maintain our cus tomer<br />
and sales information in one place, which has improved our<br />
ability to cross-sell and up-sell products and ensured leads<br />
are always followed up. We are now generating 30% more<br />
leads and the number of leads that result in a sale has<br />
increased by 50%.”<br />
Read the full story:<br />
oracle.com/goto/csa_lead_generation<br />
Learn more now!<br />
Learn more about how organisations like yours are<br />
succeeding with Oracle CRM On Demand:<br />
oracle.com/en/products/applications/<br />
crmondemand<br />
<strong>Customer</strong> Voices<br />
Success with Oracle solutions<br />
MCKESSON PHARMACY, USA<br />
McKesson Pharmacy Systems and Automation (MPS&A),<br />
provides comprehensive pharmacy management system<br />
suites and business services to more than 7,000 pharmacies<br />
and handles approximately 300,000 service requests annually.<br />
The company selected Oracle Siebel CRM to help it:<br />
• Enable order tracking<br />
• Ensure a more responsive service to customers<br />
• Empower management with a unified view of customer<br />
data<br />
• Enable targeted trend analysis to enhance decision-making<br />
The implementation has enabled McKesson to transform<br />
the customer experience it delivers through:<br />
• A comprehensive view of customer data<br />
• Improved service order tracking and resolution<br />
• Process automation via integration with other business applications<br />
such as warehouse management<br />
Gary Johnson, Vice President, <strong>Customer</strong> Support, McKesson<br />
Corporation, comments: “Oracle’s Siebel CRM is helping<br />
us to take our customer service to a whole new level.<br />
We can respond faster and more thoroughly to pharmacy<br />
customers’ inquiries, expedite service and parts requests,<br />
and make more targeted operational decisions utilising the<br />
analytical tools of Oracle Business Intelligence Enterprise<br />
Edition.”<br />
Read the full story:<br />
oracle.com/goto/mckesson_improve_service<br />
6. 7.<br />
NIKO GROUP, BELGIUM<br />
Niko Group supplies Europe with innovative, stylish, and<br />
user-friendly electro-technical solutions and services. The<br />
company selected Oracle Siebel CRM to help it:<br />
• Centralise data for more than 70,000 customer and prospects<br />
spread across multiple legacy systems<br />
• Integrate customer and prospect information for faster<br />
proposal creation<br />
• Improve customer transaction transparency<br />
• Integrate an easy-to-use lead management tool<br />
• Increase cross-selling opportunities<br />
The implementation has enabled Niko Group to transform<br />
the customer experience it delivers through:<br />
• Centralisation of all customer data accessible via a standardised<br />
interface<br />
• Standardised customer management processes and increased<br />
customer information availability<br />
• Improved proposal generation and management through<br />
synchronisation of Siebel CRM with proposal application<br />
Guido Peeters, IT Project Manager, Niko Group, comments:<br />
“Oracle’s Siebel CRM enables us to both improve our quality<br />
of service towards existing customers and optimise the way<br />
we address prospects.”<br />
Read the full story:<br />
oracle.com/goto/consumer_goods_success<br />
EMAAR PROPERTIES, UAE<br />
Emaar Properties has used Oracle Master Data Management<br />
to achieve a 360˚ view of its customers and generate deeper<br />
insight into customer buying behaviour.<br />
Watch the video:<br />
oracle.com/goto/emaar_buying_behavior<br />
Learn more now!<br />
Access more information on these and a wide range<br />
of other Siebel CRM customer success stories:<br />
oracle.com/en/products/applications/siebel
Oracle Applications Strategy<br />
Update event series<br />
MASTER THE NEXT WAVE OF PRODUCTIVITY AND<br />
INNOVATION<br />
This event highlights the trends that are impacting business<br />
today and illustrates how the balance of the right strategies<br />
and actions can have a positive impact on business<br />
performance and the bottom line. Attendees will gain<br />
insight into Oracle’s product strategy, including the latest<br />
Access tools and resources that prove the value of Oracle<br />
products and solutions to your business. Click on one of<br />
the links below for access to a wide range of white papers,<br />
product documents, videos, podcasts and customer<br />
testimonials.<br />
<strong>Customer</strong> Experience<br />
Management<br />
Learn more about <strong>Customer</strong><br />
Experience Management:<br />
oracle.com/goto/<br />
customerexperience/en<br />
Oracle CRM Web Forum<br />
Check out the Oracle CRM Web Forum at<br />
oracle.com/goto/crm_online_forum to learn more<br />
about Oracle’s latest CRM strategy and solutions<br />
Sales Productivity<br />
Learn more about Sales<br />
Productivity:<br />
oracle.com/goto/<br />
salesproductivity/en<br />
8.<br />
Stay Informed!<br />
blogs.oracle.com/crm<br />
Master Data<br />
Management<br />
youtube.com/OracleCRM<br />
twitter.com/OracleCRM<br />
facebook.com/OracleCRM<br />
Learn more about Master Data<br />
Management:<br />
oracle.com/goto/<br />
datamanagement/en<br />
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