Welding & Gases Today | Q1 2023

Page 104

SALES & MARKETING

The Guide to Success for the New Digital Sales Team BY ART WASKEY

I Art Waskey has over 50 years’ experience in the welding and gas industry. He travels across the country consulting and giving seminars on business skills and has published 3 books on sales skills stories. He holds a BS in Mechanical Engineering, and a Master of Ministry in Leadership Development. You can subscribe to Art’s weekly sales/leadership tips and monthly articles on his website. Also, check out his Posts on LinkedIn. For services, contact Art at 720341-9405, artwaskey@ ispeakd.com, www. impactspeakingdynamics. com.

102 • First Quarter 2023

n his book Thriving on Chaos, Tom Peters states, “If you’re not confused, you’re not paying attention.”The rate of change in the sales world has been accelerated by digitalization and I have noted that this has caused a lot of confusion. To put the chaos in order, I find that taking the time to plan a solution to the problem is the best approach. As Collin Powell said, “There is no secret to success. It is the result of preparation, hard work, and learning from failure.” Let’s look at how to build a successful sales team for the digital age.

CHANGING SALES DYNAMICS Prior to the pandemic, the distributor sales strategy was based on the complementary pairing of outside sales persons with inside customer service teams. Each group had contrasting skill sets. The outside team was the face of the company that brought in the customers, while the inside group took care of the details. They worked together to satisfy customer needs. With the introduction of digital capabilities like ERPs, CRMs, ecommerce, AI-driven customer analytics, the dynamics of selling has been radically altered. The digitizing of customer data has enabled businesses to become increasingly effective in identifying and meeting customer demand. Today’s inside sales team has new resources that enable it to take on more complex roles. With customer analytics and AI-generated insights on

their desktops, they can be more proactive and less reactive. As B2B buyer preferences shift toward digital communications and ecommerce, distributors have the opportunity to utilize inside sales reps to interact with customers at a lower cost than by using the outside sales team. According to research from Distribution Strategy Group, (“The Inside Sales Playbook for Distributors”), the cost of sales for a proactive inside sales rep is 30-50% lower than for a field sales rep. In addition, the average inside salesperson can interact with up to 25 contacts per day, while their outside peers can only meet with three or four.

EXPANDING YOUR INSIDE SALES TEAM A report from the National Association of Wholesale Distributors (NAW), “Why Heads of Sales Should Expand Their Inside Sales Functions,” provides a good check list for the steps you should take to build your inside sales team in the digital era: • Understand customer behavior and interests • Make relevant upsell and cross-sell recommendations • Know when accounts are at risk of churning • Make more connections with small- and medium-sized accounts • Reach sales quotas quickly and efficiently • Coordinate with other teams and departments for a better customer experience


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NEW OFFERINGS

5min
pages 124-126

MERGERS, PARTNERSHIPS & ACQUISITIONS A M

5min
pages 122-123

In Memoriam

6min
pages 119-121

INDUSTRY NEWS

8min
pages 116-119

Mindsets for Managing a Slowdown

3min
pages 114-115

MOQs (Minimum Order Quantities) Are a Game-Changer

6min
pages 111-113

5 Ways Distributors Can Use Customer Data

8min
pages 108-110

Make 2023 the Year of Fearless

4min
pages 106-107

The Guide to Success for the New Digital Sales Team

5min
pages 104-105

Pre-Gaming a Sales Call

4min
pages 102-103

THE GAWDA INDUSTRY ANALYSIS REPORT

1min
pages 100-101

THE GAWDA INDUSTRY ANALYSIS REPORT Provided

5min
pages 94-100

ANALYSIS REPORT

2min
pages 92-94

U.S. Total Industrial Production Forecast Revision

2min
pages 90-91

Looking Ahead to a Slowdown in 2023

8min
pages 87-90

Consider the Disruptors When Forecasting

5min
pages 85-87

CGA’s Strategy for Success 110 Years in the Making

4min
pages 83-84

2023 BUSINESS FORECAST

2min
page 82

Welding Industry Outlook

3min
pages 80-81

2023 BUSINESS FORECAST SUPPLIER MEMBERS

4min
pages 78-79

2023 Supplier Forecast

16min
pages 71-77

CENTRAL

10min
pages 64-69

EAST

3min
pages 62-63

Distributor Forecast Growth Ahead in 2023 But Uncertainty Abounds

1min
page 61

Building Bridges for Future Leaders in Distribution

5min
pages 56-58

CONVENTION CONCLUDES WITH INCREDIBLE FAREWELL GALA

1min
pages 54-55

CONVENTION WRAPS UP WITH TWO INSIGHTFUL PRESENTATIONS AND THE CHANGING OF THE GUARD

3min
pages 51-53

CONVENTION COMMENCES WITH NEWCOMERS RECEPTION AND PRESIDENT’S WELCOME RECEPTION

3min
pages 47-50

GAWDA’S BOARD, COMMITTEES, AND REGIONAL CHAIRS KICK OFF CONVENTION

0
page 47

Anthony Welded Products

3min
pages 44-46

New Family, Same Family Values

5min
pages 40-42

COMMITTEE CORNER

2min
pages 38-39

Committee Corner

6min
pages 34-37

Meet

12min
pages 28-32

High Heating Costs and Doors Open for Ventilation?

3min
pages 26-27

Qualifying a New Driver

3min
pages 22-23

EPA SARA Tier II

2min
pages 20-21

Recapping 2022 and Looking Ahead to 2023

10min
pages 14-20

Crossing the Bridge

2min
pages 12-14

Programming That Continues to Resonate with Members and Keep Employees Engaged

2min
page 10

Control Your Own Destiny in 2023

2min
page 8
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