the 7 biggest sales innovations of the last decade & what they can do for you
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Slides from a recent Focus Research webcast - http://www.focus.com/webcasts/sales/7-biggest-sales-innovations/Rewind ten years and recall that sales tools such as Sales Force Automation were just seeing the light of day. Today, there’s a plethora of new sales-oriented technologies promising to help teams sell faster, better, and smarter. But how do you know which sales innovations and best practices are the most effective and can give you the best results and how do you evaluate their potential impact on your sales cycle? Watch this FREE on-demand webinar to hear the experts present the 7 biggest sales innovations of the past decade and learn how to unlock their value for your sales team! Watch now to find out:Top 7 sales innovations from the last decade: unlock their maximum value for salesHow to use social media effectively to improve prospecting, gain insights, and close deals fasterHow to further leverage timeless sales techniques using new technologiesHow innovative technologies and solutions can help you build greater customer loyalty and serviceTRANSCRIPT
The Top 7 Sales Innovations of the Last DecadeThe Top 7 Sales Innovations of the Last DecadeChris SellandIndependent Contributing Analyst, Focus
March 25, 2010
Chris SellandIndependent Contributing Analyst, Focus
March 25, 2010
© 2009 Focus, Inc. All rights reserved.
© 2009 Focus, Inc. All rights reserved. Page 2
• Sustaining and Necessary1. Sales Force Automation (SFA)
2. Software as a Service (SaaS)
3. Analytics & Reporting
4. Mobility
5. Process Automation & Integration
• Transformational6. Enhanced Communications (IP & Web)
7. Social Networking
The Top 7 Sales Innovations of the Last Decade
© 2009 Focus, Inc. All rights reserved. Page 3
• Core application for Sales and Sales Management
• A necessity, not a differentiator
• No Longer Standalone (see #5)
#1 Sales Force Automation (SFA)
Well-implemented SFA is the key to implementing and reinforcing organizational methodologies and best practices
© 2009 Focus, Inc. All rights reserved. Page 4
Ubiquitous AccessAny browser, anywhere
Reduced Up-Front Costs
Setup, Training
Reduced Risk
Faster Time-to-Value
#2 Software as a Service (SaaS)
Analyst firm Gartner predicted that by 2011, 25 percent of new business software will be delivered by SaaS.
© 2009 Focus, Inc. All rights reserved. Page 5
• Qualify leads & understand customer behavior and motivations
• Increase the entire team’s performance
• Understand short- and long-term impacts
• g
#3 Analytics & Reporting
“Google has changed the face of how sales leads are generated”Ken B.
© 2009 Focus, Inc. All rights reserved. Page 6
• Increase Sales Productivity
• Be ‘in front’ of the customer
• Access to accounts, history, contacts, tasks, etc…
• Ubiquitous wireless & web - no more ‘sync’
#4 Mobility
© 2009 Focus, Inc. All rights reserved. Page 7
• SFA fully integrated with CRM• All customer apps
holistically integrated
• Front Office to Back Office integration• SFA/CRM to ERP
• Consistency & Delivery Drives Loyalty & Profitability
#5 Process Automation
“Sales only manages the needs analysis/solution placement end of the buyer's buying decision.”
Sharon Drew Morgen
© 2009 Focus, Inc. All rights reserved. Page 8
• Bring ‘presense’ to the customer – and the customer to you• IP Telephony• Video & Web Conferencing
• Enhance Field Productivity• Voice & Speech
Recognition
• Dramatically reduce the cost of sales
#6 Enhanced Communications
“We were losing money on every sale below $250K with a traditional sales model – I will only provision outside sales teams for deals with a value >$1M”
Well-known technology CEO
© 2009 Focus, Inc. All rights reserved. Page 9
• The best salespeople utilize Social Networks to gain insight, build and deepen relationships.• Facebook• Twitter• LinkedIn
• Next steps - integrate with SFA/CRM• Leverage personal networks
for enterprise value• Move toward ‘Social CRM’
(SCRM)
#7 Social Networking
“I am still amazed I can reach out to senior level people, reach them with or without mutual people in our network, and be able to pitch them in a new and dynamic way…At the end of the day – it’s relationships that make selling possible.”
Jeff Hulton
© 2009 Focus, Inc. All rights reserved. Page 10
• Traditional Sales Tools are as important as ever• Integrate across – and beyond - the Enterprise• Anytime, anywhere accessibility• More ‘table stakes’ than ‘competitive advantage’ these days
• Social Networks are changing the Selling game• Sales is – and always will be – about people and relationships• Build & enhance personal relationships – your best reps are• Leverage their relationships – and knowledge - for corporate benefit• Move toward SCRM
• “Sales 3.0” is the next big opportunity• Leverage technology to supplement – and selectively replace – the
traditional outside sales model• Dramatically lower the cost and increase the profitability of Sales
Key Points
Thank you!
Chris [email protected](617) 500-3465Focus: www.focus.com/profiles/chris-selland/public Blogs: sellandcapital.com, stocktwitstech.com, siliconangle.com Follow me on Twitter: @cselland