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Many sales operations are falling short - Bain & Company · 2020-01-10 · Data science and...

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Successful sales efforts hinge on state-of-the-art digital solutions. Here’s how leading organizations make the most of them. WHEN USED RIGHT, DIGITAL TOOLS CAN BOOST SALES Many sales operations are falling short Companies need to avoid a few common pitfalls around digital sales management tools. Acquiring tools without having the right infrastructure Spending too much time on admin tasks and not enough with customers Data infrastructure Avoid storing customer, sales and market data in different places. Silos impede data flow and reliability. Core commercial applications Use best-in-class platforms to free up reps’ time so they can focus on selling. Data science and analytics Leaders use big data to boost productivity in a number of aspects of sales and marketing: While having a sound strategy, strong execution and solid talent are essential, so too are digital tools. Leading companies . . . Are 2X more likely to maintain best-in-class digital infrastructure Are 2X more likely to curate best-in-class applications Deploy 25% more digital tools than low-growth companies Empowering Sales Teams with Smart Digital Tools Being too skeptical of new tools that might help Three digital capabilities are key to success Finding customers and prospects Improving sales and marketing effectiveness Driving upsells, cross-sells and retention Enriching core data sets Improving forecast accuracy Optimizing pricing and margin Read more How the Best Sales Operations Teams Navigate the Digital Cosmos www.bain.com/digital-sales
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Page 1: Many sales operations are falling short - Bain & Company · 2020-01-10 · Data science and analytics Leaders use big data to boost productivity in a number of aspects of sales and

Successful sales efforts hinge on state-of-the-art digital solutions. Here’s how leading organizations make the most of them.

WHEN USED RIGHT, DIGITAL TOOLS CAN BOOST SALES

Many sales operations are falling short Companies need to avoid a few common pitfalls

around digital sales management tools.

Acquiring tools without having

the right infrastructure

Spending too much time on

admin tasks and not enough with

customers

Data infrastructure Avoid storing customer, sales and market data in different places. Silos impede data flow and reliability.

Core commercial applicationsUse best-in-class platforms to free up reps’ time so they can focus on selling.

Data science and analyticsLeaders use big data to boost productivity in a number of aspects of sales and marketing:

While having a sound strategy, strong execution and solid talent are essential, so too are digital tools.

Leading companies . . . Are 2X more likely to maintain best-in-class digital infrastructure

Are 2X more likely to curate best-in-class

applications

Deploy 25% more digital tools than

low-growth companies

Empowering Sales Teams with Smart Digital Tools

Being too skeptical of

new tools that might help

Three digital capabilities are key to success

Findingcustomers

and prospects

Improving salesand marketingeffectiveness

Driving upsells,cross-sells and

retention

Enrichingcore

data sets

Improvingforecastaccuracy

Optimizingpricing and

margin

Read moreHow the Best Sales Operations Teams Navigate the Digital Cosmos www.bain.com/digital-sales

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