The difference between the theory of B2B sales and then the actual reality of it
can be quite different. In basic terms, a company has a product that other
companies want or need. It may have achieved this through market research
establishing what the prospects were looking for and then offering a solution.
But when it comes to reality while prospects may indeed want what they have,
they too likely have a buying process and have to evaluate and there may be
other companies offering it too. This means it becomes a more elaborate
business sales CRM concern.
There are complex issues on both
sides
Let’s
say a company wants to sell one of their products to a big customer. You will expect
there to be rounds of inquiries and delays in the process of achieving that.
The customer will want to perhaps evaluate the process of making the product,
so that might include technical experts, engineers as well as marketing staff.
These people will all have something to say about it. Then there will be
accountants and managers also having their say. The company has to take all of
those reports and opinions into consideration before expressing any interest.
On
the other hand, the company that is selling a product might not only have one
salesperson but a whole team. While the manager might try to guide the sales
CRM action, during a busy time, is not always easy. The staff on the team
will all have different levels of experience and expertise and sometimes this
means when a customer sends their query they might not get the swift and
certain answer they are looking for. Sometimes the person taking the query does
not even know about the current situation, they do not have access to the
relevant information and there is very often a delay when they are trying to
answer it. With the company feeling embarrassed by the mess up and the customer
annoyed at the lack of quick response, often it leads to the sale being lost.
Considering sales CRM software
That
is where great sales CRM software comes in to help the
managers, the sales team, the company as a whole, and their customers. It helps
consolidate all the important information you have in one place so everyone can
find the information, and have it all up to date. But not all software is the
same so it makes sense to spend some time considering what works for your
business. With it being such a critical component to B2B sales you need one
that can adapt to the kind of business you run.
Conclusion
Keeping the cycle of advertising a product, getting a response, handling queries, ordering and delivery of that product is a cycle that with the right sales CRM software can be kept flowing much better. It generates better profits for the company, happier customers who come back time and again and less stressed sales staff and managers.
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