Table of Contents
ToggleOptimizing your sales methods and team is vital for the company to thrive. Sales management software is an efficient way to generate desired results.
Table of Contents
ToggleGenerating sales and managing sales teams are the toughest nuts to crack across industries. Yet, your sales representatives manage to convert a prospective client into a high-paying customer. This is important for any business to survive and scale.
But what is more important is how the companies optimize their sales and sales management process to grow numbers exponentially without increasing pressure on representatives.
Therefore, the company needs to invest in sales management software. It automates the workflow and lead management, ensuring the productivity of the field sales representatives. Continue reading to understand the prowess of sales management software better.
Sales depend on networking and getting the correct data at the right time. To make it possible, CRM software has dramatically contributed to it as it easily captures and streamlines any information or data in the company’s system. When put to good use, the CRM software ensures that any cold call to a potential customer is devoid of irrelevant questions.
The CRM system is valuable because it improves customer engagement, a crucial part of sales management. Some of the systems we would recommend are:
Sales management is formulating, training, organizing, monitoring, and coordinating the company’s sales force. It is the core of the business processes. The sales manager must ensure that his sales representatives’ vision aligns with the company’s vision as it directly impacts its revenue. One of the significant functions of sales managers includes managing field sales.
Field sales, also known as outside sales, is the process of selling and marketing products and services by sales representatives outside the office and team environment. A field sales representative’s job entails going from place to place, visiting prospective clients and customers, and closing deals.
Not every field sales representative is an inside sales employee, and vice versa. There exists a difference between the two jobs.
Parameters | Field Sales Reps | Inside Sales Employee |
Workspace | Field sales reps work from client sites. | Inside sales employees work from an office with a sales team and under a sales manager. |
Communication Method with Clients | Field sales reps relies on a face-to-face meeting with prospective clients. | Cold calling is the most preferred method for inside sales employees to connect with clients. |
Maintenance Cost | Due to the nature of work, they incur expenses such as fuel expenses, food, etc. | Aside from their salary inside sales reps do not incur any other expenses. |
Selling | Field sales workforce spends 38.3% selling products and services. | Inside sales reps spend approximately 35.2% of their time doing sales-related functions. |
Sales Close Rate | Field sales reps have a higher sales close rate than the inside sales employees. | Since the inside sales reps don’t spend much time on acquiring leads their close rate is relatively less than field reps. |
Churn Rate | Studies show that outside sales reps have a longer career than inside sales representatives. | Inside sales employees have a higher churn rate. |
Field sales representatives work hard to build trust with their prospects and ensure the lead brings future sales. For this, they carefully need to follow the sales strategy and the specific responsibilities assigned to them like:
While the inside sales teams may be making more pitches, the field reps are the ones closing the deals. As a result, they convert leads to customers 40% of the time in comparison to the inside sales team, who does it 18% of the time.
Several methods are employed by field sales reps, like free trials, demos, and sample testing. For example, providing your prospects and existing clients with products and services they can engage with has a higher chance of training and converting them. This proves that field reps make a better impact on their clients.
It’s the responsibility of the field sales workforce to nurture relationships with prospects and existing clients/ consumers. They spend considerable time and energy in aligning the company’s products and services with the customer’s pain point.
The field sales workforce spends the majority of their time and job meeting and spending time with the clients. Due to regular interactions, field reps have a pretty good idea about the problems customers are looking solutions for. This makes field reps one of the best sources to gather reliable customer feedback and data.
After Sales services are the services, you provide your customers after purchasing your products or services. It can be an onboarding period, extended customer support, and services that will identify and remove any roadblocks.
Businesses put a lot of emphasis on prospective customers because they need to grow their customer base. Providing lucrative after-sales service can greatly increase customer retention and customer loyalty toward your brand. Unfortunately, 96% of customers will leave if a company offers terrible after-sales services.
Happy and satisfied customers can help increase the company’s customer base by recommending your business. This will automatically translate into an increase in sales.
Word-of-mouth is powerful, trusted, and cheap. – Martin Lindstrom.
And since the company can collect a good customer database through field sales representatives, it becomes easy to provide top after-sales services.
This positively affects your brand image by generating positive reviews and enhancing engagement, which is vital for future sales.
To ensure this happens, companies need to have sales managers who are well-versed in dealing with hot leads and turning them into loyal customers with their sales strategies.
While managing field sales representatives, the sales managers themselves must be good sales representatives and leaders. Only then can you formulate effective sales strategies. Therefore, sales managers need to have a well-rounded personality with a wide range of skills.
Having the skills to plan and formulate killer sales strategies and execute them with success is a foremost demand of every sales manager’s job. This includes setting goals, strategies, and tactics to achieve desired results. The plan consists of identifying the targeted market and audience and forming plans accordingly.
Obtaining sales deals is not the company’s end goal. But instead, sales managers focus on building and maintaining customer relationships. They do so because having satisfied customers will guarantee and contribute to future sales.
Managers must form sales strategies, monitor sales and field sales reps, and maintain customer relations. What allows managers to manage all of this lucratively is time management.
And sales managers can further automate some of their time consuming tasks, like monitoring reps, by adopting sales management software and solutions. Scroll down to learn more about this miraculous software.
While viewing the sales reports and sales rep reports, they need to tap into their analytical skills. This will allow them to review data and make a rational decision. Also, it comes in handy while studying the market and the opportunities to be explored, as they understand the psychology of the consumers.
Strong communication skills are essential in both sales managers and sales reps. It comes in use when communicating with sales reps, clients, or any stake holder. As sales managers can’t talk to all in the same manner, personalizing comes into play.
Communicating your ideas and strategies with your remote sales reps is essential if you want them to deal with clients seamlessly.
Adopting a sales management system is not enough. Using and relying on it properly to automate your sales process can benefit the business and sales managers. Having CRM software is great for generating leads. But what about sustaining them by providing them with both sales and post-sales services?
Let us show you how important it is to have sales management software and the benefits a business reap from it.
Sales management software is designed to make the sales process simpler and more effective. Sales teams rely on this system to manage sales data and automate tedious and mundane tasks. Using the software, sales managers can view the sales representatives’ performance quality in real time. Sales managers, through the software, also gain an idea of the pace of sales reps’ goals.
Through the software, managers can access key metrics like average lead time, conversions, and sales targets met. This is beneficial to optimize the sales process to generate more revenue. In addition, investing in sales management software that is compatible with other software like CRM can further ease sales operations.
The system’s model is such that it elevates sales management making it more sophisticated and effective by offering a wide range of features and solutions.
Is your company on the fence about investing in sales management software? Then let these be the warning signs and reasons enough that you need to move your sales process to a sales management platform.
TrackoField has just the right solutions to help you solve your problems when it comes to managing sales and field sales reps.
Sales managers can even track the task list’s progress and each task’s status in real-time. This helps in allocating tasks further.
Similarly, field reps can even apply for leave remotely. This request is visible to the manager, who has access to an analytical dashboard. Through it, they can view the history of leaves of employees, allowing them to react remotely.
Managers can cap reimbursement amount, which is customizable according to the designation, category of expense, team, etc.
Another excellent tool that TrackoField has to offer is custom forms. The form can be customized to record customer and client feedback. This is vital to judge the success of the sales strategy.
Your field sales reps hold the prowess to convert hot leads into loyal customers when guided and provided with the right tools and software. To help your field sales reps close leads faster and more effectively, we advise you to invest in lucrative field sales management software.
We recommend – TrackoField.
TrackoField is a field sales employee monitoring software that will help you automate and optimize your sales process and the functions of the sales team.
Click here to manage your sales!
Tithi Agarwal is a content writer at TrackoBit. She enjoys writing blogs which are knowledgeable yet fun to read. And when she is not typing away to glory she has her nose buried in books.
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