how technology can shorten your sales cycle
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How Technology Can
SHORTEN YOUR SALES CYCLE
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The combination of customers delaying purchases
for as long as possible and more decision makers
required in the purchase process has contributed
to longer and less predictable sales cycles for many
manufacturers.
To combat this, companies are implementing web
applications, mobile apps, and other supporting
software that arm their teams and channel partners
with tools that make them more informed and
effective.
This eGuide showcases these technologies that shorten the sales cycle, from attracting, tracking, and converting leads to facilitating customer conversations and purchases.
Support your business’ distributors and salespeople with applications and systems that deliver the right information at the right time.
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Attracting Interest:
AN OPTIMIZED WEBSITE IS REQUIRED FOR VISIBILITY & ENGAGEMENT
When conducting research, customers rely on Google
search results, the business and/or suppliers’ websites,
and product reviews.
By the time B2B customers engage with sales
representatives, they are nearly 60% of the way through a purchase decision. This makes your
website extremely important in both engaging
and influencing leads.2 Shorten your sales cycle by
optimizing your business’ website to engage and
influence your customer base.
With buyers using search results to influence purchases, the following affect your website’s visibility:
• Responsiveness to support use on any device
• Search Engine Optimization (SEO)
• Relevant content
• Metadata
• Links (both external and internal)
• Blog and social media content
94%of B2B buyersresearch products and businesses online prior to purchase.1
SEARCH
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Tracking and Progressing Leads:
CRM PROVIDES GLOBAL VIEWS OF CUSTOMER INTERACTIONS
Implementing a customer relationship management (CRM) tool is
not just adopting new software—it is adopting a strategic business
methodology. With this tool, your business can:
The data from a CRM tool supports partners by
ensuring your team is aligned on where prospects
are in the sales funnel. This information makes your
salespeople more efficient and effective, significantly
shortening the sales cycle.
Sometimes an out of the box CRM isn’t enough.
If you sell through channel partners, you may
discover that you can’t control whether they
use a CRM, or how they use it. To encourage
and control CRM usage, provide your
partners with a web portal that integrates
with a CRM and other marketing systems. This
allows partners easy access to engage with
leads, and with you.
Track
Qualify leads
Organize data on existing customers
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Converting Leads:
TECHNOLOGY INCREASES VELOCITY OF SALES CYCLE
With customers controlling more of the
buying process and increasingly being
as informed as your salespeople and
partners, your ability to personalize
the buying experience for customers
is key to selling more, faster, and with
higher margins.
Although B2B sales often hinge on the human element to convert
leads into customers, the right technology can significantly
enhance the chances of success. How? Read on.
Mobile applications keep your team and partners
informed and engaged in real-time and while on the go,
increasing their efficiency and effectiveness.
Training applications motivate and inform partners and
your salespeople with the latest product updates
and customer value propositions, keeping their
sales pitch sharp.
Customizable digital presentations allow
salespeople to present personalized content
and products to customers, facilitating a faster
decision and better buying experience.
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Purchasing:
MAKING THE LAST STEP EASY AND INTUITIVE IS CRITICAL
Whether your customers purchase
through in-house sales, an online
store, or partners, a secure and
intuitive purchasing process that
gives you the visibility to each sale is
important.
The right purchasing platform can
sync with your CRM,
auto-populating
required fields for
purchases. This makes the purchasing process quicker
and more efficient for your salespeople and your
customers. Additionally, it ensures that you have
up-to-date information on all customers.
One of the consistent challenges for
companies that sell through partners
is having end customer visibility and awareness. Integrating purchasing
systems with CRM and marketing
systems gives you the ability to track
a lead all the way through to a sale.
The power of this complete customer
buying cycle is immense.
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Delivering on the Promise:
RIGHT PRODUCT, ON TIME, WITH NO SURPRISES
Deliver your product on time and
close the sales loop on a positive
note. By using software to schedule
transportation, track progress, and
provide supply chain visibility for you
and your customers, you guarantee
efficiency for both your product and
your business.
Provide your customers with complete visibility of the supply chain. When customers are able to
see where their product is at every
stage of the process, they are more
likely to become repeat customers.
Take your business’ efficiency to
the next level by integrating your
transportation management system
with your inventory management
and ERP systems. By doing so, you
automate the logistics behind ordering,
delivering, and storing all parts and
products, making your business run
more accurately and efficiently.
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Don’t just take our word for it:
“To become more concise and efficient at providing messages to the consumer, we implemented a new website and a contractor pitch book. The pitch book allows a contractor to present our products in the home, either digitally or printed. It also provides contractors with a portal to customize a presentation with the consumers and their information for a personalized presentation.”
– Matt Minerd, Director of Marketing, Simonton Windows
“The application has resources available that help people in the industry. Things like calculators to determine how much space is available in your tank or how to best mix materials. It provides access to all technical bulletins and specifications about our products. The app demonstrates our commitment to help people in the industry, not just to sell product.”
– Bill Ganger, Marketing & Business Development, Star Seal
AWH creates web, mobile, and enterprise applications that drive business. We build solutions
like you build products. It’ll cost less than you think and drive business more than you’d dream.
Contact us if you’d like us to help your business.
WWW.AWH.NET1 Acquity Group, LLC. “2014 State of B2B Procurement Study” 2014. http://www.acquitygroup.com/docs/default-source/Whitepapers/acquitygroup_2014-b2bstudy.pdf?sfvrsn=0
2 CEB Marketing Leadership Council in Partnership with Google. “The Digital Evolution in B2B Marketing” 2012. http://www.executiveboard.com/exbd-resources/content/digital-evolution/pdf/CEB-Mktg-B2B-Digital-Evolution.pdf