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Home » Sales Management » Inside Sales Is the New Technique for Improving Lead Conversion Rate

Inside Sales Is the New Technique for Improving Lead Conversion Rate

November 8, 2021
in Sales Management

Inside Sales Is the New Technique for Improving Lead Conversion Rate

The majority of companies are choosing inside sales over outbound sales because it increases conversion rates. Companies are discovering Inside Sales to be a highly effective method. To make the most of this sales method, there are some best practices we will discuss below.
Best practices in sales

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Database updated

A current and accurate database is essential for inside sales programs to succeed. It is unfair to expect your sales team will perform and reach sales targets if the database isn’t up-to-date. The quality and size of the sales rep’s database should be the yardstick that measures their performance. It is not recommended to judge the performance of sales teams solely on their sales results. Managers should verify that the sales team is putting in enough effort. Find out how many RPC (right-part contact) contacts your sales team was able to make. You can set a goal and track the sales rep’s performance based on how many RPC connections they have made.

The number of meetings generated

Managers don’t take into account the number of sales meetings a rep has generated when evaluating inside sales effectiveness. Sales reps are usually expected to deliver or complete as many meetings as possible. The sessions are developed to reflect the actual sales pipeline. It also forecasts how many panels will finally be provided by the deadline. Managers should meet at regular intervals for formal discussions about the progress of individual assignments and to determine the direction of the efforts.

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Training

It is the responsibility of the company to train the sales and marketing teams on current technologies and market conditions. They should also provide training on how to improve their domain knowledge. Managers should ensure that information sharing sessions between the teams and within the company are held regularly to keep all reps informed about what’s happening in their target markets.

Social media – How to leverage it

If you are looking to connect, engage, nurture, and nurture prospects and potential opportunities, social media is a great tool. Inside sales reps must be able to use social media to increase their knowledge and decrease the time it takes to generate leads. Sales reps should create reports that can be reviewed and reaffirmed to the entire team. Everyone will know where they stand with regard to achieving their targets.

Conclusion

Inbound sales can be highly effective in both low and high-touch sales models. It is increasingly used to target B2B or high-end B2C transactions. To increase inside sales effectiveness, you must strategize and use a process for evaluating your prospects.

 

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