Value of Salesforce Software Using VRIO Model

Salesforces CRM is software that is designed to help managers organize their businesses efficiently. It is valuable because it uses the latest virtual advancements, like a cloud to connect all of its teams, leaders, and systematize customer data (Manchar & Chouhan, 2017). CRM stands for customer relationship management, and it has many variants of implementation. The most value of Salesforce is created by the function of automated reports on sales forecasting.

Salesforces is not rare, since it is a popular tool among companies. In his dissertation, Baharak (2018) noted that the majority of the enterprises he studied had access to the CRM resources. However, some manifestations of CRM, like differentiator CRM systems, were more advanced and not as frequently adopted by businesses. The reason for this disparity lies in the higher cost of such iterations of this software, which are not affordable by many companies.

Salesforces CRM is generally not difficult to imitate, however, it depends on the version of software used. In its essence, salesforce technology is a digital database that facilitates company-customer relationship (Karjaluoto et a., 2015). Imitation requires more effort when attempting to copy functions that have more advanced programming. In such cases, not only does replicating the technology become more complicated, but the use of the software itself necessitates IT training and programming knowledge.

Overall, only companies with a wide array of resources to spare and sufficiently educated personnel are organized to deliver the value of Salesforce CRM. Besides the basic version, the software is expensive to adopt. Working with CRM is possible by appropriate knowledge and skills, and not all companies are willing to include their stuff’s training in corporate expenditures. The lack of adequate IT skill sets can downplay the benefits of introducing a digital system of customer relationship management.

References

Baharak, M. T. (2018). How effective are CRM investments of Australian enterprises? An investigation of senior management perspectives [Unpublished doctoral dissertation]. Southern Cross University.

Karjaluoto, H., Ulkuniemi, P., Román, S., & Rodríguez, R. (2015). The influence of sales force technology use on outcome performance. Journal of Business & Industrial Marketing. 30(6), 771-783. Web.

Manchar, A., & Chouhan, A. (2017). Travel management app based on Salesforce platform. International Journal of Advanced Research in Education & Technology (IJARET). 7(1), 21-22.

Cite this paper

Select style

Reference

StudyCorgi. (2022, August 6). Value of Salesforce Software Using VRIO Model. https://studycorgi.com/value-of-salesforce-software-using-vrio-model/

Work Cited

"Value of Salesforce Software Using VRIO Model." StudyCorgi, 6 Aug. 2022, studycorgi.com/value-of-salesforce-software-using-vrio-model/.

* Hyperlink the URL after pasting it to your document

References

StudyCorgi. (2022) 'Value of Salesforce Software Using VRIO Model'. 6 August.

1. StudyCorgi. "Value of Salesforce Software Using VRIO Model." August 6, 2022. https://studycorgi.com/value-of-salesforce-software-using-vrio-model/.


Bibliography


StudyCorgi. "Value of Salesforce Software Using VRIO Model." August 6, 2022. https://studycorgi.com/value-of-salesforce-software-using-vrio-model/.

References

StudyCorgi. 2022. "Value of Salesforce Software Using VRIO Model." August 6, 2022. https://studycorgi.com/value-of-salesforce-software-using-vrio-model/.

This paper, “Value of Salesforce Software Using VRIO Model”, was written and voluntary submitted to our free essay database by a straight-A student. Please ensure you properly reference the paper if you're using it to write your assignment.

Before publication, the StudyCorgi editorial team proofread and checked the paper to make sure it meets the highest standards in terms of grammar, punctuation, style, fact accuracy, copyright issues, and inclusive language. Last updated: .

If you are the author of this paper and no longer wish to have it published on StudyCorgi, request the removal. Please use the “Donate your paper” form to submit an essay.