Tuesday, 12 July 2016

7 Impeccable sales CRM Shortcuts to reach sales and Customer Targets - Kapture CRM

Ultimately, the means and objective of all sales teams is reaching their respective monthly sales targets.
Most sales professionals are known to ramp-up their sales, acquisition in the last week, frequently out of breath and grasping at anything. Although occasionally permissible, eleventh hour aggressiveness isn’t the most efficient way of reaching your targets. Often, this means that sales people may need to allow lenient deal closure and loosing profit margins.
In this, a sale CRM creates a practical and detailed process to acquire maximum deal closures. This requires an accurate and in-depth planning method, preventing you from spending resources on wrong prospects or open-ended leads.
With CRM-enabled sale processes, you can focus your valuable resources and time on the right prospects, avoiding bad prospects or open-ended leads. In short, a sale CRM enables you to find the right opportunities and make smart decisions.
By experience, all sales professionals know that sales activities should go through multiple speculation and negotiation. Sales CRM lets you manage all incoming and outgoing processes through a single platform, making them easy and largely error-proof.
However, realizing your sales targets cannot be solely pinned-upon implementing and utilizing the sales CRM features. For that, you need to derive an optimal way of managing your multiple sales processes and managing customer data.
Let’s discuss about different facets of your sales processes getting optimized to reach your sales targets in a fast and efficient manner.

Improve your Returning Customers Ratio
According to marketingsherpa.com, returning visitors of almost 1/3 rd of all customers can be considered a healthy classification. This is applicable for almost all businesses, including E-commerce and SaaS.
For this, you need to have a focused approach to increase the number and frequency of returning prospects to your various points of business.
By following this partition, you can ensure that you are acquiring right proportion of new prospects and returning prospects better prepared to make a purchase. This process helps you maximize your customer acquisition while maintaining long-term consistency.
For example, let’s have peek into our analytics report.
By simulating a graphic visitor overview, you could see that almost 1/3rd of total incoming visitors are recurring. This means that a significant portion of prospects are returning visitors.
By CRM implementation, you can segregate and display all incoming leads on a single dashboard. This allows you to streamline leads to a single dashboard.
By segmenting and labeling each prospect, you could initiate planned outreach programs to bring each particular prospect to one of your business platforms such as website or telephone lines…
This also increases your customer outreach to manage incoming leads and optimize customer acquisition rates.

Gain Higher Response Speed at solving customer queries
Difficulty in retrieving customer data is a frequent reason for delayed customer response. And usually delayed customer response means that you are losing your position in the particular prospects circle of attention.
By CRM, you can view, segment and filter your entire customer list on a single dashboard.
Sales CRM combines multiple points of customer contacts onto a single dashboard, making them directly and instantly accessible. This prevents traditional points of time delays such availing and confirming multiple customer contacts.
Having ability to collect and use multiple customer data also proportionally increases your chances of reaching each prospect.

Avoid Duplicate Entireties and Doubling of Resources
One of the worst case scenarios of a non-automated lead management is allocating a single prospect to two sales teams or professionals. It adds fuel to internal competition and confuses the prospect.
When you assign two competing sales persons to a single lead, it potentially adds to the overcrowding in the prospect’s mind. From the prospect’s point of view, it can also point towards the inefficient and internally miscommunication of the particular businesses.
With Sales CRM automated filters and segmentation lets you avoid allocating same leads to two individuals or departments. This also allows you to resourcefully manage your talent and improve the output.

Achieve Critical insights to be more appeasing
With self-aware customers, an easy way to attract customers is through smart procedural overhauls that reduced expenses. Mobile CRM allows current progress to be continually updated on a CRM dashboard. This allows you to follow progress at particular stages along with concerned improvements.
Sales CRM enables you to establish your sales system as a process of continuous iteration and progress. This also helps you systematically eliminate issues and challenges associated with your sales activities.

Improved Prospect Handling and Detailing
Handling a larger number of customers is an easy and obvious way to increase your customer acquisition. For increasing customer volume, you should be better sophisticated at handling your customer data.
Kapture Sales CRM combines multiple sales utility tools such as contact management, sales tracking, mobile reporting etc…This allows you to maximize your resource utilization and prospect handling utility.
It also improves your process efficiencies and prospect handovers in an efficient manner between team members.

Conclusion:-
With sales professionals struggling to differentiate their customer, having the right tools and techniques is required to gain a position in customers’ mind. Sales CRM enables you to reach and engage your prospects in a smart way.

Monday, 11 July 2016

How CRM-based Sales prospecting consistently produce high performances? - Kapture CRM


If you are a sales professional, doing well in one month doesn’t guarantee that you will be able to maintain the same level of success next month. Often, a sales peak is followed by months of ambiguous troughs in the following months.
For consistently high sales outputs, you need to have a constant inflow of high quality prospects. CRM-based sales prospecting lets you manage and handle your prospects in a productive manner, constantly improving the quality of your prospects and thereby creating better sales outcomes.

Why Most Sales Professionals fail at Consistency?
Modern day sales processes are based on smart networking and sophisticated prospect management.
But most sales executives are trying to win-over most prospects and close each deal within the first month. Afterwards, the same unfulfilled opportunities are taken-over to the next month. This continues as a cyclic process taking-up from the previous stages. All fresh leads coming through the system are also added to this process. Gradually, the sales person loses track of standings with each particular prospect. Finally, it leads to losing the much needed continuity in prospect management.
Under this process, even some of the valuable prospect with high probability of conversion may fall through the cracks in the sales process.
In order to manage your sales in a smart way, you need to dissect and segment prospects into specific sections. By establishing prospect streamlining and managing interactions, you can increase the conversion rates and line-up prospects for each month.

Creating a Bigger pool of Initial Prospects
As it takes time to close each deal, it wouldn’t be smart to shortlist a list of prospects in the beginning of each month. But it’s exactly what most sales people actually do. When you are short listing a prospect list initially, it may lead to unintended confusion and a shortage of prospects.
In short, shortlisting your prospects too early can lead to throttling of opportunities.
This also means that sales people could be potentially lending themselves to the situation of jeopardy every month, which are deals that may or may not be closed. This also leads to swaying opportunities within each team.
Automated prospect management lets you appeal to a wider circle of initial prospects and consequently attract more opportunities.

When added with easy prospect management on a CRM dashboard, you can streamline and manage prospects through a single dashboard.
This can ensure that you are handling the right number of prospects each month. It ensures that you are meeting a baseline customer acquisition each month, leading to increase in conversion.
It may also help you avoid long-term delays that affect your actual sales prospects.
By automating prospect management, you can send custom messages to each prospect. This increases your number of prospects that lets you proportionally increase the probability of success.

Creating Custom sales Toolbox
Relatively, all professions require their own special toolbox. This includes all sales people.
For conceiving a sales tool box, one first needs to understand their custom requirement. This includes smarter contact management, easier meeting management, time management and deal making utility.
By combining different features and utilities, you could finally have a smarter and easier sales prospect management.
For example, Kapture CRM ticket management system lets you respond to each prospect query within a definite time window. This allows you to manage each client queries within a specific time window. This consistently increases your quality of prospect management and boosts conversion.

Managing Personalized Prospect Communication
It’s no secret that serious professionals won’t care to have time for reminders and messages received at the wrong time. If you are contacting a prospect with no intention of purchase, it could lead to instant sales drop-off and rejections.
By creating special communication channels, you can manage and coordinate messages on each consumer channel.
This enables you to create custom communication suitable for each business. For example, a just acquired prospect could receive a mail about product introduction. Afterwards, you can try to realize up selling and cross selling opportunities.

Friday, 8 July 2016

Five ways Mobile CRM could provide technological edge for your sales team? - Kapture CRM


When wired telephone technology was invented, cold calling completely reinvented the sales process up to that point. Afterwards, the satellites and wireless mediums took-up the same mantle for the next decade. But the passage of time has turned mobile into a general business utility, taking away its status as a difference-maker.
Today, Mobile CRM has transitioned into the technology that provides technological edge for competing enterprises. It combines the multiple technologies available at this point of time, overhauling your old ways of approaching and managing prospects.
Cloud-integrated Mobile CRM app provides a comprehensive way of managing your customer responsibilities.
By streamlining your multiple daily tasks and diverse processes, you can create a more coordinated process of responsible management.

Create a more cohesive and Coordinated Sales Team
Mobile CRM ensures that your entire team remains coordinated and accessible on a common platform. It combines all sales professionals into a virtual platform. This allows easy communication and idea exchanges that can facilitate better productivity.
The concerned managers could also have respite from stringent process management, letting them focus on more productive activities like re-strategizing customer approach. This provides a systematic way of improving your sales processes, streamlining daily meetings to designated employees. It also ensures that your daily tasks don’t get delayed or could get directly handed over to next available employee.

Manage work responsibilities through Mobile app
According to a research, sales employee’s take they could be 75% more productive if they are relieved of their data entry responsibilities. Mobile CRM provides a better way of managing responsibilities and streamlining their activities.
CRM sales App let you integrate obligatory data entry into your daily activity, avoiding confusions and potential delays.
Tethered to a cloud infrastructure, it can exchange pictures, text messages, documents, voice files and even video chats. By CRM-integrated mobile GPS, you can also follow and track each employee activity to concerned destinations. By following one’s concerned routes, you can plot best routes and possible iterations in transit paths.
Learn More: Sales is about comprehensive Live Processing

Personalize Customer approach and Management
Customers today expect the brands and businesses to care for them at multiple aspects of their journey. This involves multiple ways of customer interaction involving information management, managing queries and complaints, social media conversing etc…
Mobile CRM retrieves data from cloud and streamlines them to your mobile interface. This allows each sales person to respond to each query with personalized template. It also allows you to combine various threads to reiterate previous deals and closures.
CRM mobile platform enhances customer experience to the next level and keep them happy. This process directly provides a 20% increase in higher deal closures and better customer acquisition.

Customized Interface for your Sales activities
Better sales automation platforms are capable of blending into their customers daily sales activities. Mobile CRM enables you to realize a better way of managing prospect and acquiring customers. Mobile CRM combines multiple utilities such as task-management system, query resolution and process streamlining. This avoids problems with both traditional mobile and desktop applications such as lack of mobility and lack of adequate features.
Conclusion:-
All business wants to equip their sales team to their teeth, while not dipping too deep into their sales budgets. Kapture CRM mobile app can realize the advanced utilities for the modern sales team within understandable budgets.

Thursday, 7 July 2016

Why CRM for Startups should be adapted early and promptly? - Kapture CRM


In the beginning, all startups are motivated honchos and brave experimenters.
But frequently they lack the necessary efficiency and process insights to be successful in long-term. As a result early startups suffer from a failure rate of 90%, which is overwhelmingly disastrous for the amount of work being put-in.
By adapting the right CRM software, startups can infuse inbuilt efficiency into their ongoing processes. With integrating these essential features, you can increase employee coordination and efficiency without diluting the agility of startup way of doing things. CRM-enabled system lets you achieve smooth process distribution, which are normally time consuming to be acquired normally.

Challenges of succeeding in a Start-up Environment
As mentioned earlier, all startups (especially in developing countries such as India) are vulnerable to failure and fluctuations in available opportunity.
Even as the founders or groups may possess expertise in one arena, they may be lacking the necessary skills to excel other sections. Even as a group, this could lead to the failure in leveraging surrounding circumstances. In the end, all these dilute the chances of being successful in a competitive marketplace.
According to research, the lack proficiency in these particular departments or inadequate skills is one of the frequent reasons that lead to failures in startups.
These are the five most frequently raised concerns expressed by startups.
1. Managing and Transforming Sales Responsibilities
2. Failure at right marketing Campaigns
3. Understanding Customer incentives and perspectives
4. Limitations at Supply chain management
5. Managing and leveraging Opportunities

Why Startups fail – A Graphical Oversight

A particular start-up could be suffering from only one or any combination of the five concerns. Needless to say, an enterprise suffering from a permutation of these issues is more likely to fail.

CRM Advantage acts on Start-ups
Data shows that startups and CRM isn’t a match made in heaven, but owes its origins to the sharpest business minds. Having a startup CRM can help you accelerate the skill acquisition and manage responsibilities along the different processes. This enables you to manage and fit responsibilities within a streamlined process pipeline.
By customizing CRM to a particular business, you can streamline and handover responsibilities. With this, you can start engaging and enriching every customer experience.
Each integrated CRM features help you nudge your business in the right direction, allowing you to acquire momentum in the long-term.

Maximize your Sales Competency
When you are just starting, you usually have zero penetration in your concerned market. In this situation, getting adequate traction may require you to arrange and manage a lot of meetings and managing interactions.
As you manage a string of prospects with a limited sales team, you could have frequently unattended meetings and opportunities slipped through your fingers. By managing prospects through CRM, you can attend more meetings and interact with the audience. All these, enables you to sell more and approach more customers.

Proficient Marketing for Different Teams
As a startup, you may not have a burgeoning marketing budget or scores of previous campaign data. This means that you should be able to be focusing your marketing efforts to reach the right audience. Instead of thinly spreading your campaign budget, you need to start acquiring specific audience niches.
This enables you to enjoy better marketing returns with each integrated channels. You can also correlate to the escalation of budget through utilizing right market channels.

Managing internal Prioritization and Task Streamlining
As a start-up, most organizations follow unstructured and spontaneous process management. This enjoys limited prospect of creating a workflow.
CRM-oriented process assignment creates a prioritized task management creating a balance of task distribution between team members.
CRM-based Ticket management system creates easy way of distributing tasks and decision-making across different team members.

Understanding Customer Perspectives
A common route to failure in start-up journey is having only minimal understanding of the customer perspective.CRM start-up system lets you store and recall all customer interactions. This also lets you assimilate and manage all interactions through a single dashboard.
By this process, you can accurately understand your customer interactions and position your product to meet the concerned demands.

Overcoming Supply Limitations
An ability to provide you products at the right point-of-sales could make a vast difference in the FMCG or goods industry enterprise. A CRM system can collect all your retail points and manage their requirements through a single dashboard. This enables you to minimize traditional limitations of the supply chain.

Leveraging Opportunities
CRM lets you leverage each opportunity through streamlining leads through a single dashboard. This helps you evaluate each opportunity and create accurate goals and conversion targets within the CRM system.
This lets you create an all-inclusive and optimal system for leveraging maximum number of opportunities.

Wednesday, 6 July 2016

Why B2C Businesses should buy CRM Software? - Kapture CRM


With sky-high competition, B2C Businesses are facing depreciating margins and failing purchase volume.
An overwhelming number of choices mean that customers don’t need to look beyond traditional ways of selling and buying. The situation demands more focused efforts on building a more direct and nourishing relationship with customers.

Personalized marketing rules the Roost
In an age where generic and mass advertising rules the roost, an easy and direct way to attract customer attention is through appealing personality. All successful marketing effort goes to appease a single buyer or a customer base.
Personalization of email content yields the highest average open rate for all email campaigns, with 17.6 percent of all personalized emails being opened. (MailerMailer)
By CRM customer accounts, you can collect and store information about each particular customer. This enables you to bring integrate customer contact collection into your daily processes, allowing you to develop and invigorate direct customer relationships.
You can also collect and manage customer purchase history based on a single database, including precise sources such as in-store, E-commerce or referral. By following customer preferences and purchases, you can create tailor made messages suiting your core audience.

Maximizing Direct Customer Engagement
According to studies, direct customer engagement can increase both volume of purchases and frequency. But even the brick and mortar store lacks desired levels of direct customer engagement when it fails to have any fails to have any meaningful interaction with a passing customer.
In this scenario, direct engagement is feasible only through utilizing digital and internet media such as Email and SMS messaging.
This helps you to maximize the outreach without directly increasing your levels of customer engagement. This process also enables you to build and manage a pool of business followers.

Acquiring and Nourishing Recurring purchases
In most industries, only a limited number of successful enterprises enjoy returning customers. For the majority of other business, recurring customers are managed on a hit-or-miss basis. Marketing automation processes lets you consolidate one-time customer to a unified dashboard. This helps you to attract your circle of one-time prospects with right messages and pitches.
By communicating right individualized messages and offers, you can nourish personalized relationships with your customers.

Optimize your Distribution network
Today, customers are increasingly conscious and aware about their product diversity and stock dates. And only a well-optimized distribution network can avail the latest dated products.
CRM software lets your endpoint retailers to order and acquire goods in a straight-forward manner. Similarly, a distributor or stockiest to collect and assimilate stocks to be sent to the right points. In the end, you can create a well-optimized distribution networks, sending and receiving goods with agility.

Conclusion:-
Today, every customer has to choose between multitude of E-commerce stores and proliferation of brick and mortar stores. In this situation, it’s harder than ever to be a successful player at B2C marketplace.

Monday, 4 July 2016

Achieve Success in Marketing: Campaign Tracking can bring you 5x ROI improvements - Kapture CRM


All businesses want to run razor sharp campaigns that become the envy of their competitors. By their very nature, marketing campaigns provide consistently inconsistent results. One month, you would be having a deluge of prospects. And the very next month, you could be frantically trying to figure out what went wrong.
In this scenario, Campaign integration and Tracking can incrementally improve your chances of attaining consistent success and raise your respective ROI. Rather than just being limited to the end cost per lead analysis, an integrated campaign tracking lets you analyze each aspect of your marketing. This also lets you create and iterate progressive equation that combines multiple factors to get closer to your successful campaign. This lets you reach and engage your target audience in the most efficient way.
Marketing often involves handling multiple processes, each requiring individual attention. CRM software lets you handle and track multiple campaign activities, enabling you to optimize your campaign on an all-around basis.

Combine Multiple Channels for Single Glance Overview
Today, all businesses are expected to choose between competing marketing options.
The age of options overload can make you easily go overboard, and end-up splurging on multiple platform. An exact opposite is also easily feasible, where payments are held from different marketing channels.
In-order to make the right decision, you need to have knowledge about the effect of each marketing channel. Having to accumulate this knowledge purely based on experience could take years and waste of funds.
By tracking system, you can streamline each campaign’s success through a single dashboard. This dashboard analysis ensures that your campaign contributions could be easily followed in multiple campaigns.
By analyzing these primary sources, you can evaluate the current campaign in progress. You can also predict and follow the future progress with predictability based on incoming data.

Segment E-mail Campaigns for reaching customers
The first lesson of campaign tracking is that all customers are not equal. By tracking user interests, a business could glean knowledge about different perspective, different appeals and multiple product USPs. This helps you individually determine whether a customer could be interested in a particular marketing pitch. By recognizing and iterating you can segregate different contact list, allowing you to maximize your customer open and email access rates. This also helps you build a healthy email client reception list.
Through building a healthy email list, you can further collect and organize Emailing campaigns to suit a particular audience segment.
Hence, by tracking specific audience taste, you can increase your customer response and thereby relative campaign success.

Keep track and supplement Cross-Selling options
All successful businesses usually succeed in creating and leveraging cross sell opportunities. Customers are not as eager about creating big purchases in the initial stages, one needs to focus on creating solid cross sell opportunities to realize your revenue goals.
CRM software facilitates customer data collection and streamlining. As these processes are integrated into daily workflow, it comes close to an automated process.
This allows you to follow your customer type, purchase kind and determinative model for future purchase. By combining all these data buckets, you can predict the future cross selling or up selling opportunity.
Conclusion:-
All the experienced marketers know that there isn’t a perfect campaign. Running a marketing campaign is a process of tracking and iteration based on live results. Marketing automation system lets you combine multiple facets to provide comprehensive improvements.

Friday, 1 July 2016

Five ways Marketing Automation shortens your Sales Cycle - Kapture CRM


Lead received. Prospect impressed. Sales cycle completed.
This idea of perfect lead to a sales conversion cycle is rarely realized. Usually, most businesses are dealing with undecided prospects, unclear sales pitches and limited facility for customer engagement.
Marketing automation system enables businesses to shorten its sales cycle. It begins by recognizing and nourishing leads that are likely to close deals. This allows you to qualify and convert prospects within a significantly lesser number of steps.

Why do leads get dropped or unconverted?
Businesses usually don’t complain about long sales cycles. They actually complain about leads getting dropped and customers being unresponsive most of the times.
This just means that businesses don’t have a strategy to manage prospects in the long-term.
For almost all business, a conversion ratio of 10% to 15% conversion is probably considered OK. This means that almost 90% of interested prospects regularly go away.
According to a study by marketing Sherpa, irrespective of your individual effort, leads take its own time for the lead to be turned into sales.


According to the study, customers usually decide to go with a purchase in the first two months for just 31% combined. But the third month alone has a conversion of 26%. For acquiring these late deciding prospects, you need to make sure that your conversion cycle acquires and streamlines leads across the timeline.
Probably, sales people also lose sight with prospects over an extended period of term. This can also be a direct reason for leads getting dropped. With organizing and managing customer conversations, you can engage prospects over the long-term and bring down the conversion ratios.

Setting up a conversion funnel
A sales funnel augmented by marketing automation has the direct effect of increased revenue. By managing prospects in a direct way, you can classify each part of the prospect and consequently devise strategies to efficiently reach and manage their requirements. This helps you to efficiently derive conversion and manage customer engagement. All these processes need to be managed on a day-to-day-to-day basis. Ultimately, you could create a system that understands customer requirements and streamline their needs of the concerned departments.

Automate your Follow-up Responses
Managing on-time responses is an easy and straightforward approach to managing your follow-up responses. This involves receiving each client query and setting a precise timeline for providing lead response. This increases your opportunity of conversion.
Sales CRM lets you set-up a customer profile with automated follow-up responses connected along a time line. This makes sure that each prospect has the ability to raise right on-time customer response.
By automating a customer follow-up cycle, you could be sure that all clients are accessible along a particular time line. This system allows you to respond manually as soon as a prospect responds to a response. This system increases your chances of acquiring a customer response to long-term, consequently decreasing your follow-up response time.

Create automated outbound Campaigns
Marketing automation lets you directly collect and retrieve lead contact list through multiple platforms. This data lets you run planned outreach campaigns, increasing customer knowledge and retention. This enables you to run outreach campaigns reaching multiple customer contacts.
By means of parameters and filters, you can segregate different customer sections, letting you create campaigns that appeal to specific prospect’s objectives. This process can increase your response rates and further increase conversion.

Building Customer Knowledge
Marketing automation gives you the essential tools to gain knowledge about customer interest and priorities. You can pull these tidbits to add to your marketing campaigns to increase the conversion.
But most businesses fail to put the right use of customer knowledge. Some look at customer interest as something to be negotiated and agree-upon.
By collecting user interests, you can create specifically tailored packages to reposition your business to appeal to your core customers. Marketing automation cuts back on your sales cycle duration by precisely understanding each customer requirement and enabling them to increase conversion.
This ensures that your business has the perspective and information required to pitch strategically to every customer. You can also apply the knowledge of actual customer requirement at different negotiation phases.

Get Closer to your Customers
According to studies, people are much more likely to buy from a business that they know and are aware about. By repeatedly connecting with your audience, you can increase the connection with your audience. This enables you to build engagement and reconnect with your customers.
Conclusion:-
When you are dealing with customers confused with umpteen options, just providing a better product is not good enough. You should be able to remain within consumer radar to ensure that your business gets enough attention. Marketing automation system shortens your sales cycle and acquires maximum consumer attention.