“The world of Business is constantly changing. To survive, you have to adapt. To thrive, you have to disrupt” - Alexander Davidoff, Marketing Expert.
This is a manual on How to Disrupt!
The Recommendations enlisted in this guide have been tested and proven by us and our clients to
Increase lead-to-sales conversions by 10% in 3 months
increase profits up to 20% in the first year alone,
increase Advertising ROI by 10%,
build cross-selling,
build long-term relationships with customers,
Properly tune sales.
How did we achieve all these?
Simple: We adapted our Sales department structure and automated our sales processes to our CRM.
Customer relationship management (CRM) is a technology for managing all your company’s relationships and interactions with customers and leads.
Why do you need 1? The goal is simple:
To Improve business relationships (stay connected to customers), streamline processes, and improve profitability.
As simple as this may seem, it is a game-changer.
Customers and staff are the life source of businesses. Take them away, and you do not have a business anymore!
With a good CRM like Bitrix24, and customized to suit your exact company's needs,
You effectively keep track of and handle every single client - no missed calls, SMS
Your staff’s workload is reduced, They’re better motivated and can collaborate effectively
You can accurately measure the productivity of every staff, to mention but a few.
With this guide, you’ll be able to make the changes necessary to improve your already existing Sales department or build one that’s equipped to deliver real value from scratch.
We’ll be taking you step by step through every stage of the process.
Let’s start with the Stages involved in organizing a sales system
Stage 1. Sales audit
Stage 2. Formation of a capable and motivated sales team
Stage 3. Organization of the sales department’s business process
Stage 4. Implementing or refining your CRM to suit your business processes.
Stage 5. Improving the performance of CRM sales personnel
Stage 6. Organization of repeat purchases (CRM marketing)
Stage 7. Monitoring and improving the sales system
2 Sales Promotion Case studies - ( a fitness club and an advertising agency)
Client Reviews: CRM-based sales systems.
Stage 1. Sales audit
You may ask: Why do I need a sales audit?
To completely get rid of a weed, you have to identify where the root is and then, pull it out from the root.
The same rule applies to solve business problems - to first, identify the origin of the problem, then eradicate it.
It isn’t always clear from the get-go where the problem is when there is a decline in sales and it’s oftentimes difficult to identify what stage of the sales pipeline the bottleneck is.
This is what a SALES AUDIT is for.
To assess the current state of your sales processes
to determine if your sales strategy is effective or not
if not, what stage of your sales pipeline is the cause?
To analyze and compare the use of resources against results
Do the resources you have invested in Sales tally with the results you have?
To find weak spots and possible areas of growth.
To give you SPECIFIC ACTION STEPS.
The good news is that after you’ve identified the problem, the solutions are not so difficult to implement.
Below, we’ve listed common causes of an underperforming sales department:
Weak lead generation: incorrectly selected targeting, positioning or advertising channels;
The lack of a CRM or a not properly organized CRM: the customer base is not structured, there is no transparent reporting;
low lead to deal conversion rate. This can be due to: lack of manuals for managers on how to deal with clients, client applications take too long to be processed, forgetful or unmotivated managers who easily give in to tricky questions.
having ONLY 1 main lead-generation channel ( A lack of alternative lead-generation channels). If something should go wrong with this channel, It can cause big problems for your business.
low average sales check; lack of cross-selling;
Lack of client development (selling additional services, asking for and implementing client feedback, maintaining relations).
Now that we’ve gone through the common causes of problems,
FIRST ACTION STEP
Identify your company’s sales goals - what do you want your sales team to achieve?
one time clients or return clients?
Do you want to establish relationships with leads(even if they do not patronize you at first) and turn them into long-term clients?
What other goals do you have for your sales department?
Next,
Are you hitting your sales target? Do you get as many enquiries/ month as you would like?
If after going through points 1 & 2 above, and you realize that
You aren’t meeting your sales goals, and
The results of your sales team are way below expectation,
YOU NEED A SALES AUDIT - This is the SECOND ACTION STEP
Start with an audit that fits the goals you listed in STEP 1.
Be careful to note what is included in the audit. You need one that examines every stage of your sales pipeline thoroughly.
When you request a Sales Audit from INTERVOX, We study WHAT, TO WHOM and HOW and you sell.
we hold several skype sessions with the management team of your company to understand how they work.
we interview your sales managers and Company Representatives,
we carry out thorough diagnostics based on our sales audit checklist,
we study your CRM, all correspondence (letters, emails, messengers), we listen to recorded and live calls,
we study and review your Commercial Proposals,
We will study current sales scripts and training materials,
measure NPS among several clients,
The Results:
We write 10-30 “to do” points (based on your company’s requirements) which, when implemented, guarantee an increase in sales,
we set priorities for your team and write down an enlarged sales development plan for 9 months in advance,
We set an appointment with you on skype to present the results. This enables you to ask questions, clarify areas that are unclear.
We check in on you AFTER one month to monitor your implementation of the to-do list