Page 76 - Plastics News Issue June 2025
P. 76

IN THE NEWS




          nology platform? What are the key factors to              the steps required within the sales organi-
          consider when choosing a sales technology                 zation to collect data, develop solutions and
          platform? With limited resources, what should a           create proposals that will close deals.
          manufacturer focus on first? How can this apply
          to a small team?                                      4.  Evaluate what the business is doing to or-
                                                                    ganize and manage data.

          When manufacturers assess sales technology or
          automation, it is important they ask if there is a    In summary, manufacturers that have imple-
          documented target audience, markets and per-          mented comprehensive sales technology ini-
          sonas. Also, do they have a clear understand-         tiatives put themselves in a position to let data
          ing of the buying process for customers to use        be the driver of their actions. They are able to
          when selecting a new product or service? Is the       present information in a manner that allows
          sales process clearly identified and does the         them to analyze their data, not just report on
          sales organization understand how the business        it, and translate it into actionable plans that can
          currently organizes and manages data?                 be  managed, measured and  utilized  by their
                                                                field  sales  teams.  They  can  use  historical  data

          If the answer is no to one or more of these ques-     like lead conversion success, average deal size,
          tions, manufacturers could start with four easy       profitability and product or industry alignment to
          steps.                                                highlight opportunities that fit a certain profile in
                                                                which they have the highest probability of win-
          1.  Start with the most profitable customers to       ning. This allows them to focus their sales teams
             understand why the sales organization is           on areas where there is a higher probability of
             successful.  This will  help define the  target    success and determine the balance needed to
             audience.                                          win deals while maintaining profitability. It also

          2.  Understand the buying process by learning         puts sales leaders in a position to effectively de-
             how current customers make purchasing de-          velop and coach their teams, enabling them to
             cisions.                                           be more successful.

          3.  Clearly identify the sales process to outline                                 Source – Plastics Business




























             76   PLASTICS NEWS                                                                      June 2025
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