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Inside sales – is it a good career choice?
Overview –
So,
in this article, I will share my decade extensive experience of
working as an inside sales rep in India.
As I
have worked in the inside sales domain for quite
some time, I would like to put forward whether being
an inside sales rep is a good career choice in 2022 or even
after that.
This
overview includes how to make you suitable for an inside sales interview, what
are the industry expectation from an inside sales representative (ISR),
what are the skills that are essential to perform this job in a better
way, a few important tips, and tricks, and how to shape up
your future in inside sales or any other direction.
Here
are important topic of discussion will be as follows –
·
What are Inside sales with a brief background
·
Industry expectation from an ISR?
·
ISR job and responsibilities
·
Future of an ISR and
·
Conclusion
So, let’s begin the
discussion with the definition of Inside sales.
What are Inside Sales?
In simple words, inside sales is any sales process that involves selling products or services using a phone, internet, and a system (laptop, desktop) called inside sales. As the sales guy sells the product or services seating inside the office or inside their home it is called ‘inside’ sales. No in-person meeting happens in the inside sales role.
But,
inside sales are not limited to cold calling or sending
emails to their prospects. Nowadays we have seen the
very increased use of online meetings platforms such as
Microsoft Teams, Zoom, and WebEx. Because of the pandemic,
most of the meetings are held online and not
offline. And this increases the importance
of ISR, they are taking exceptionally
good advantage of these online meeting platforms to communicate with
their prospects in a virtual face-to-face platform. Which
results in increased sales.
Industry expectation from an ISR -
In
this paragraph, I want to discuss with you what are the industry
expectations from an inside sales rep. As the name suggests, it
involved sales, so revenue generation for the company is the
prime objective of an ISR. The advantage of being
an inside sales rep is that they can sit in one
state and sell the product in any other state. He need
not visit the client's place for the sales to
happen. Because of this key advantage, many companies are
hiring ISR’s for lead generation, prospect identification, online
product presentation, participating in the complete sales
process, and closing the deal sitting inside the office. Inside sales
work coordinated with the field sales and marketing team
to provide all sorts of support for the deal to
close.
Companies are looking for ISR who are good in communication skills, listening skills, emailing skills, social media skills, problem-solving skills, and have the will to make a respectable number of cold calls.
ISR Jobs and Responsibilities in the post-pandemic era -
An ISR
plays many important roles in its day-to-day operation. I am
sharing them in brief in a step-by-step manner.
1.
Prospect Database – A
prospect database is a list of target audiences that includes
their phone number, email id, location, and other details to understand them
better.
Many
companies buy databases from database providers such as Fundoodata
or Dataguru. Which
provides a highly accurate database with many vital
details of the customers in India.
But
sometimes ISR teams need to prepare their database using Google,
LinkedIn, or other online free tools.
2.
Calling Script preparation - calling
script is a very catchy brief about a product or solution that inside
salesperson uses to start the discussion over the phone with their
prospects. These cold calling scripts are usually short and
are prepared to create interest within the prospects.
This calling
script is prepared with the help of inside sales, field sales, marketing
teams. Sometimes top management involves themselves in the
preparation of cold calling scripts.
3.
Product Knowledge - Not
only inside sales but every person within the organization must
understand their product very well. A technical person will
understand the product technically, but a salesperson will understand
the product from a sales point of view, such as target audience,
competitor analysis, pricing, USP, use cases, and many more.
4.
Cold calling -
You know that cold calling is necessary for an inside sales rep.
The more one makes cold calls the more chances are to
connect with the prospects.
5.
Listening -
It is an important yet underrated skill. When you
start listening to your customer about their pain points, their
concerns, why they are accepting or declining your solution, you will
understand the market better.
6.
Sales funnel creation - sales
funnel refers to tracking the customer journey from the
first cold call to the closing. Many prospects drop
at various stages of this sales funnel, but an
ISR keeps track of all those activities. All
the activities are logged into the sales
funnel.
7.
Online meetings - It
is a very new role for the ISR. This pandemic teaches us the importance of
online meetings. You can meet your prospects online and present the
solution online only. Still, it looks like you
are setting in a face-to-face with your prospect. Over
zoom, Cisco, or WebEx, you can conduct an online meeting
which is amazingly effective in a sales process. Using this
online meeting you can understand the needs of the
prospects better than by telephone.
8.
Negotiation and closure - negotiation involves a discussion
between buyers and sellers about a particular product or
service. Negotiation is such a process in sales where
everyone benefits both the buyer and the seller. So
that the buyer gets the product and the seller gets
the customer.
above are
the important roles and responsibilities of inside sales personnel in
their day-to-day task. All the above skill sets
are necessary for any ISR who wants to grow as an
ISR or in any sales profile. Let me now take you to the future
of ISR in the next paragraph.
Future of Inside Sales Reps in India -
Whenever you join any company as an inside salesperson you want to know about your future. In my decade-long journey, I have seen that many ISR grows to become head of ISR, many moves to field sales job, and many into the digital marketing field. If you understand how to identify a prospect, how to reach out to them, how to convince them about your product, and how to sell your services to them and make them happy then you can surely grow in your sales career and move to any other department based on your preference. What you learn in your ISR career is especially important. The knowledge you develop while working will help you to grow in your career. The advancement of the online meeting platform helps ISR to conduct an online meeting with their prospects and this way they do not depend on the field salesperson. As the demand for ISR is increasing day by day we can say that the future of ISR is safe.
Conclusion -
If
you think you are good at selling but do
not want to be a field salesperson from the beginning of
your career, then you can go for the inside sales
profile. A sale profile will increase your confidence
while talking to anyone. This confidence in communication
will help you in professional as well as personal
communication.
Inside
sales profile helps you understand the market
needs and demand of the market. This information is vital for
all types of sales profiles. Understanding the market will even help
you to start your own business.
An inside
sales rep can move to other domains such as field sales, key
account management, partner management, marketing, email marketing, online
marketing, digital marketing, social media expert, and many
more.
Based on
all the above information, you can say that
inside sales have relevant demand in the
industry, they get a good package as they are the
backbone of any sales process
and are necessary to the sales department within any company. Thus, I can
conclude that if you are choosing to be an inside sales rep then it
will be a good career move for long-term prospects.
Thanks
for reading !!! 😊😊😊
Ask your
question in the comment section if any.
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