According to a study by InsideSales, the average salesperson spends only 35% of their time selling through activities like external customer-facing meetings, following up with clients, and prospecting. The other 65% is spent on non-revenue generating activities.
So what’s swallowing up their time? Mostly administrative and repetitive tasks like product issues, approvals, internal policies, paperwork, etc. Fortunately, there is a solution — it’s called sales force automation.
What is Sales Force Automation (Sales Force Automation)
Sales force automation (SFA) software is a program that optimizes and streamlines sales management by providing automated workflows to manage business leads, sales forecasts, and team performance. Salesforce automation tools automate high-frequency, less-complex tasks of salespeople and give them more time to work with customers and sell stuff.
How can Sales Force Automation software benefit your business?
Sales force automation software can streamline and optimize your sales operations and enable your sales agents to allocate their resources in more complex tasks by automating tasks for them – all of which enhances the end-user experience. Let’s dig deeper into the benefits sales force automation software can bring to your business.
Better Time Management
Sales leaders can all agree that time management is imperative in generating and nurturing leads to increase sales. Having said that, sales force automation tools have become popular amongst salespeople who spend the majority of their time on non-sales-related activities.
With the help of SFA tools, sales teams can now focus on growing their sales without worrying about the administrative tasks required to come along with it.
Improved Lead Generation and Lead Nurturing
Manually tracking leads with spreadsheets, calendars, or anything other than a Sales Force Automation tool may cause leads to falling through the cracks. A sales force automation tool ensures all your leads are accounted for. Here are some ways sales force automation helps with lead nurturing.
Personalized Targeting: You can target prospects effectively with the data analysis provided by sales force automation.
Automatic Segmentation: It automatically scores and divides inbound leads according to their conversion likelihood broadly into cold and hot leads.
Automated Messages
With sales force automation, you can set automatic welcome emails during sign-up and follow-up emails to your customers and leads. In the case where the lead goes cold on emails, sales force automation also automatically bursts automated text messages. Automated messages or emails can be used to send product information, their ticket or order status, etc.
Faster Response Times
Prospects want to be reached out to asap. This could be after they’ve signed up for more information on your product, booked a demo, or asked a question.
Best sales force automation tools partners with conversational AI (chatbots) to respond to a customer in no time to enhance their customer satisfaction.
Effective Sales Pipeline Management
Sales force automation integrates with CRM to effectively manage the sales pipeline in the following way:
- Appointment scheduling, alerts and reminders on follow-up communication, and re-engage stalled leads.
- Finding the most potent leads from the pool.
- Keeping track of all customer transactions from the time of their first contact till finalizing the sale.
Better Identification of Upselling and Cross-selling Opportunities
Sales force automation helps analyze past sales information, and customers’ demography, and understand order history. This can help in creating email campaigns that are customer segment specific to improve revenue by upselling and cross-selling.
Better Team Collaboration
Since sales force automation is cloud-native, you can have multiple users accessing and updating information on leads from anywhere, which is particularly useful for remote teams.
Moreover, you can automatically connect leads to available agents. Agents can pick up from where the previous agents if any, left and view all the customer history (transactions, conversations, etc., in one place).
Detailed Reports and Accurate Sales Forecasting
Smart forecasting analyzes past sales databases and current sales opportunities in the pipeline for your sales team to allocate resources smartly. In addition, sales force automation allows you to create highly-personalized campaigns by analyzing your existing customers’ past purchases and decision-making patterns.
AI-enabled Advanced Sales
Artificial intelligence captures and analyzes clean, comprehensive customer data to offer guided selling recommendations. AI-enabled sales force automation solutions can help you allocate resources on highly-converting leads by giving your sellers insights that they can use for better long-term sales performance.
Are Sales Force Automation and CRM systems the same thing?
Many people think sales force automation and CRM (Customer Relationship Management) systems are the same and use the terms interchangeably. However, these are two different software used for two different purposes.
A salesforce automation tool is a customer acquisition software that focuses on the sales process of products or services to existing clients and managing prospects, with the goal of increasing sales and optimizing conversion. In comparison, CRM focuses on managing customer relations with the goal of improving the relationship between the company and the existing customer.
Conclusion
According to the recent IDC survey, the importance of sales force automation in businesses has produced:
- 30% increase in sales closures
- 18% decrease in sales cycle timing
- 14% drop in sales administration time
Which are substantial reasons for utilizing sales force automation in your easy-to-use CRM software for your business in the modern scenario if you look forward to staying at the top of your league.