This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
CPQ Tools: The Smart Alternative to Traditional Quoting If traditional quoting methods are a roadblock, Configure, Price, Quote (CPQ) software is the fast lane. Its designed to eliminate manual processes, ensuring salesteams generate accurate quotes in secondsnot hours or days. Speed: How Quickly Can You Deliver a Quote?
Hiring a directsalesteam is expensive. A indirect selling model has plenty of benefits. Startup companies generally leverage channel partners to get instant scale without inheriting fixed cost. A fledgling company looking for additional capital to bring on headcount.
Directsalesteam and channel partner communications and training complete. Website, social, digital media, postings to sales and channel portals. Support tools and customer service capabilities verified. Inventory and supply chain readiness confirmed to fulfill anticipated demand.
Between prospecting, sales calls, data entry, quote preparation, and follow-ups, it’s very easy for teams to mismanage data and trip over themselves on the way to the finish line. That’s why sales collaboration tools are an essential part of the modern sales lifecycle. Let’s jump right in! 5 Capterra Rating: 4.4/5
Great Sales Messaging Isn't Rocket Science On this episode of the Sales Gravy Podcast, Jim Karrh, Ph.D. You’ll learn how to translate marketing messages into effective sales conversations, whether in person, virtually, or over the phone. Then, simplify messaging to get customers to say yes and move forward.
Businesses must strike a delicate balanceoffering competitive pricing without eroding margins, ensuring consistency across directsales, e-commerce, and partner networks, and adapting to fluctuating costs and customer demands. Yes, CPQ software provides analytics and reporting tools to track pricing performance.
Shea believes that “companies that invest in and successfully operationalize three foundational tools–sales engagement (SE), sales enablement automation (SEA) and sales readiness (SR)–will see dramatic results, including increases in revenue.”. Eliminate Silos Between Indirect And DirectSalesTeams.
Automate contract generation by integrating CPQ with Contract Lifecycle Management (CLM) tools to reduce manual errors and ensure compliance. Customize Workflows to Support Complex Sales Scenarios Configure CPQ to support territory-based pricing, ensuring reps see the correct pricing and discounts for their region.
Therefore, having a CRM database that allows sales leads to flip flop between the directsalesteam and the inside salesteam provides the ideal follow-up using the warm-up artist and the big closers at just the right time!
It’s also important to use your pipeline management system effectively and appropriately, and ensure that each team member is active in using it. Jason Jordan, Judy Frank, and Bruce Wedderburn are interviewed by John Golden to Do’s and Don’ts of Pipeline Management and help you get the most out of this vital tool.
In fact, the #1 question I’ve received in the last few months from founders and heads of sales is how to build out or update a comp plan for their directsalesteam. Writing an effective Sales Incentive Plan (SIP) has become overly complicated and there are just too many options.
Therefore, having a CRM database that allows sales leads to flip flop between the directsalesteam and the inside salesteam provides the ideal follow-up using the warm-up artist and the big closers at just the right time!
Ironically, while many organizations invest a lot in developing channel relationships–too often, the attitudes within the sales organization are, “They are the enemy.” We invest in tools, process, methods, programs for our own people. As a result, open or covert hostility begins.
Conflict can occur for various reasons such as pricing, poor communication, or even deals poached by the directsalesteam. To increase channel sales, it’s vital to keep your product top of mind with your partners. By training and equipping them with the proper tools, you increase their confidence.
A product configurator is a software tool that enables users to customize a product by selecting various attributes such as size, color, material, features, or components. By automating critical tasks, these tools reduce manual effort and ensure higher accuracy. What Is a Product Configurator?
Onboarding New Partners It is essential to implement a well-structured induction process for new channel sales partners to ensure they are equipped and in sync with the company’s objectives. Adopting these methods is instrumental for bolstering support for your associates, which can result in improved outcomes from sales activities.
Seeking to elevate your leadership capabilities and propel your salesteam toward outstanding achievements? Sales management courses are equipped with the necessary strategies and tools for this purpose. Also, FlyMSG Sales Pro offers tailored training for both individual sales leaders and salesteams.
If a rep gets a positive response, the lead is officially “qualified” and should be passed over to the directsalesteam for follow-up. If you have a large pool of leads, this can be time-consuming, but there are AI and workflow automation tools to help. Do you currently use a particular tool to solve this challenge?
Those are all things that channel partners, with their established customer relationships, can provide more effectively than directsalesteams alone. Faster Sales Cycles: Partners act as trusted advisors to their customers, making it easier to influence purchasing decisions.
Ensuring they have the same basic understanding of key differentiators, pricing, company offers, different sales techniques, and GTM strategies enables them to drive sales just as well as your directsalesteam. Use Interactive Training Tools Engagement skyrockets when learning feels more like playing than work.
We organize all of the trending information in your field so you don't have to. Join 283,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content