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July 20, 2023
7 Minutes
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‘Sales’ is a well-known term for everyone. It is the fundamental concept of any business. Sales is the means of developing and scaling a business. It makes the company profitable. But what is sales in BPO? and What do we mean by B2B sales? To better understand BPO sales, let us start with the basics.
When we exchange a commodity or provide a service for a sum of money, the process is known as Sales. However, the sales in BPO are slightly different from the common B2C (Business to Customer) ones.
Ever wondered how businesses operate while focusing on their core strengths seamlessly? That's where BPO sales come into play!
But what is sales in BPO? Well, it is all about providing businesses with the support they need to streamline their operations. It is when a company carries out activities for another business and charges them a set amount.
For example, a BPO company provides customer support services to its client (another business). Now, a team of Customer Service Executives from the BPO vendor will handle their customers, resolve their issues and maintain a positive relationship with them on the client's behalf.
BPO sales aid the outsourcing partner in marketing its services to businesses that require them. The BPO sales process is what drives revenue for the company. It must be both systematic and efficient. Let us go through the 7 steps in the sales process in BPO.
Step 1: The first step is to recognize the prospects and collect relevant data. The sales team invests time and effort in conducting in-depth research of the market, the competitors, clients and their needs. They gain a comprehensive understanding of the industrial landscape by networking, surveying, participating in business events, etc..
Step 2: Once the data is gathered, it's time to narrow down the search results. The team analyzes the collected data and determines which leads align with the services offered by the BPO firm. This shortlisting process is carried out considering factors like business requirements, resources available, budget, etc.
Step 3: The success of any sales process depends upon the relationship between the two businesses. A good BPO sales team understands its importance and aims to foster and maintain a positive customer relationship. This includes asking the right questions and trying to understand what they need. Active listening and understanding on the team’s part help the BPO gain valuable insights into their goals, requirements and challenges.
Step 4: Now that the BPO sales team has a solid grasp of the client’s need, it offers them personalized outsourcing solutions, demonstrating the firm's expertise, capabilities, and track record. The team highlights the numerous benefits of outsourcing by showcasing how their services align with the client's goals. Focus is placed on creating a solution tailored to the client's needs.
Step 5: The potential client may have questions or concerns during the BPO sales process. The sales team responds to these questions and clarifies them. Throughout, communication is open and transparent. They gain the trust of their clients by sharing real-life success stories and examples.
Step 6: The negotiation begins when the client is convinced and shows interest in doing business with the BPO company. The sales representatives work closely with the client to finalize the agreement with mutual consent. Clear communication about the pricing, service-level agreements (SLAs), contract duration, data privacy, etc., is essential.
Step 7: The BPO sales process doesn’t end with signing the contract. The final step is to maintain communication and resolve any concerns with the client. After-sales support and collaboration ensure a long-term relationship with them. Additionally, it lays the foundation for a successful business as it would build a good reputation of the BPO company.
BPOs follow these 7 steps in the sales process in BPO to deliver the best outsourcing solutions to their clients. It helps them build a relationship based on trust and reliability. Moreover, it ensures the growth and success of their business in the long term. Now that you know what sales and its process are in BPO, you can leverage outsourcing and boost your revenue.
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A fully managed sales team can assist businesses in converting drop-off leads, facilitating customer account opening, increasing activation, and managing reactivation & renewals.
SquadStack specializes in converting drop-offs by implementing an approach of lead follow-ups. With systematic and regular follow-up strategies, we ensure that no lead slips through the cracks.
Customer account opening and activation are pivotal stages in the customer journey, representing the initial interaction and transition into active engagement. By using advanced technologies like Artificial Intelligence and efficient workflows, we prioritize simplicity and efficiency in account opening and activation procedures.
Our dedicated team of more than ten thousand telecalling agents is committed to maximizing your conversion rates by engaging with leads at crucial touchpoints, nurturing them through the sales funnel, and ultimately driving them toward conversion. By effectively implementing cross-selling and upselling strategies, businesses can increase their average order value, foster customer loyalty, and ultimately drive overall profitability.
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Squadstack can help you offload time-consuming activities so that you can focus on growing your business! We go the extra mile to understand your specific goals and objectives, help you with pre-sales, Sales & Renewals Calls
Book a demo with SquadStack Now !
The sales process in BPO (Business Process Outsourcing) refers to providing services like customer support, marketing, finance, technical support etc., to other businesses. It includes prospecting leads, communicating with them and offering appropriate solutions, negotiating the terms of the agreement, and finalizing the contract.
In a call center, sales refers to reaching out to potential customers via phone calls and offering them a product or service. Strong communication and marketing skills are crucial to make a sales call successful.
BPO (Business Process Outsourcing) is the process of hiring another company to perform secondary or non-core business activities so that it can focus on its core business. These activities include finance, marketing, IT services, customer services, data entry, HR services, content management, etc.
Some examples of the types of sales are E-commerce sales, B2B (Business to Business) sales, B2C (Business to Customer) sales, Channel sales, Inside sales, Retail sales, and Direct sales.
Business to Business (B2B) sales involve exchanging products or services between businesses. They may include commodities purchased wholesale, services like IT, marketing, customer services, or SaaS (Software-as-a-Service) based solutions.
