Why Do So Many Companies Use Salesforce? Explaining the ROI of CRM | Salesforce Explained

Salesforce

Salesforce

8 min, 50 sec

Brian Tong introduces the benefits of using Salesforce for maximizing ROI and improving business processes across different departments.

Summary

  • Brian Tong discusses how Salesforce can positively impact a company's bottom line by maximizing ROI and time to value.
  • He explains the pitfalls of using disconnected systems and the benefits of an integrated CRM like Salesforce Customer 360.
  • The episode covers how Customer 360 can enhance marketing, sales, customer service, and IT efficiency.
  • Brian emphasizes the importance of real-time data, automation, intelligence, and a unified customer view to drive business success.
  • He also provides resources for getting started with Salesforce and encourages viewers to subscribe for future episodes.

Chapter 1

Introduction to the Series

0:00 - 14 sec

Brian Tong introduces the Salesforce Explained series, focusing on simplifying Salesforce and technology concepts.

Brian Tong introduces the Salesforce Explained series, focusing on simplifying Salesforce and technology concepts.

  • Brian Tong is a guide to all things Salesforce, aiming to explain concepts without jargon or buzzwords.
  • He invites viewers to subscribe to the Salesforce Channel and turn on notifications to stay updated.

Chapter 2

The Importance of the Bottom Line

0:14 - 26 sec

Brian discusses the importance of the bottom line and how Salesforce can be valuable for businesses.

Brian discusses the importance of the bottom line and how Salesforce can be valuable for businesses.

  • He addresses the concern for the bottom line as seen in recent headlines.
  • Brian poses questions about measuring and maximizing ROI with Salesforce.

Chapter 3

Understanding CRM Before ROI

0:40 - 19 sec

Brian advises viewers to understand CRM by recommending his previous episode on 'What is Salesforce' before diving into ROI.

Brian advises viewers to understand CRM by recommending his previous episode on 'What is Salesforce' before diving into ROI.

  • If viewers are unfamiliar with CRM, Brian directs them to watch the first episode of the series.
  • He hints at the quality of the series by mentioning the host's ability to explain concepts clearly.

Chapter 4

Identifying Business Inefficiencies

0:59 - 53 sec

Brian identifies common inefficiencies in businesses that do not use integrated CRM systems.

Brian identifies common inefficiencies in businesses that do not use integrated CRM systems.

  • He discusses how reliance on inboxes and spreadsheets can lead to missed opportunities and siloed information.
  • Brian points out that disconnected tools for marketing, sales, and service teams can cause inefficiencies and stalled growth.

Chapter 5

The Impact of Fragmented Systems

1:52 - 25 sec

Brian explains the negative impact of using fragmented systems and the benefits of a unified approach.

Brian explains the negative impact of using fragmented systems and the benefits of a unified approach.

  • Fragmented systems can lead to high costs, team silos, and stalled growth.
  • Brian discusses how connected systems can reduce complexity and costs, highlighting a potential 20% reduction in annual spend.

Chapter 6

Investing in Technology for Growth

2:17 - 1 min, 21 sec

Brian discusses the importance of investing in technology to achieve growth, even during economic downturns.

Brian discusses the importance of investing in technology to achieve growth, even during economic downturns.

  • He talks about how companies that invested in technology during the pandemic grew five times faster than those who didn't.
  • Brian emphasizes the need for smart investments in tools with high ROI and quick time to value.

Chapter 7

Calculating ROI

3:37 - 19 sec

Brian provides a simple formula for calculating ROI and stresses the importance of measuring the ROI of a CRM investment.

Brian provides a simple formula for calculating ROI and stresses the importance of measuring the ROI of a CRM investment.

  • Brian shares a basic ROI formula involving net income and the initial cost of investment.
  • He reiterates that increasing net income can also improve ROI, not just reducing costs.

Chapter 8

Salesforce Customer 360's Value Proposition

3:57 - 47 sec

Brian dives into the value Salesforce Customer 360 provides by breaking down silos and connecting data on one platform.

Brian dives into the value Salesforce Customer 360 provides by breaking down silos and connecting data on one platform.

  • Customer 360 allows sharing of customer data within a unified view, boosting productivity and collaboration.
  • Brian highlights the features of automation, intelligence, and real-time data as key benefits of Customer 360.

Chapter 9

Improving Business Processes with Salesforce

4:44 - 55 sec

Brian explains how Salesforce enhances different business functions, leading to increased productivity and sales.

Brian explains how Salesforce enhances different business functions, leading to increased productivity and sales.

  • Salesforce automation improves marketing campaigns and sales processes, resulting in higher conversion rates and renewals.
  • Brian describes how Salesforce contributes to a 27% faster automation of business processes and a 29% increase in sales productivity.

Chapter 10

Enhancing Customer Experience

5:39 - 1 min, 1 sec

Brian discusses how Salesforce Customer 360 enhances the customer experience across all touchpoints.

Brian discusses how Salesforce Customer 360 enhances the customer experience across all touchpoints.

  • He talks about the single customer view for support teams and the efficiency of omnichannel service requests.
  • Brian mentions the measurable impacts of Salesforce on customer satisfaction and retention.

Chapter 11

Reducing Costs and Complexity

6:39 - 41 sec

Brian outlines how Salesforce Customer 360 helps reduce costs and complexity by unifying applications on one platform.

Brian outlines how Salesforce Customer 360 helps reduce costs and complexity by unifying applications on one platform.

  • He explains that Salesforce apps increase productivity and generate more revenue, which are crucial for ROI.
  • Brian provides statistics that show a significant increase in customer satisfaction and retention due to Salesforce 360.

Chapter 12

Getting Started with Salesforce

7:21 - 1 min, 27 sec

Brian guides viewers on how to start with Salesforce and provides resources for hands-on learning.

Brian guides viewers on how to start with Salesforce and provides resources for hands-on learning.

  • He encourages viewers to try a free trial of Salesforce to experience the suite for sales, service, and marketing.
  • Brian directs viewers to Trailhead for hands-on learning and reminds them to subscribe for future Salesforce Explained episodes.

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