How the Right CRM System Can Help ISOs and Merchant Resellers Increase Sales 300%

Sales teams are constantly looking for tips and tools that can help increase their productivity. It’s no different for ISOs. You need ways to generate and follow through on sales leads, and to close out sales at an efficient rate. This is where the right customer relationship management (CRM) software can make an important difference. If you use an effective CRM, you should see your sales skyrocket. Your team can benefit at every stage of the sales process.

Generate Leads and Build Pipelines

One of the hardest functions in sales is lead generation. You can try cold-calling or collecting information on companies looking to buy, but either one requires heavy time commitments from your team. Instead of making sales calls, they spend an inordinate amount of time figuring out whom to call.

With the right CRM, though, you can generate automated leads based on information available in the market. You will collect data on potential customers and focus your team's efforts not only on making sales calls but on making them to the most likely customers.

Track Your Customers' Needs

Lead generation matters, but it is hardly the only benefit a good CRM provides. Managing your customer relationships means tracking changes in their needs, collecting and managing data on their purchasing behavior, and focusing energy on understanding what their motivations are. Beyond this, the CRM can help generate targeted sales information based on those motivations and needs. Over time, this automated functionality lays the groundwork for your sales agents to close the deal.

Close More Sales

Both of these advantages help you meet the ultimate goal of your sales team: closing more sales. Sales professionals find frustration in spending more time on administrative tasks than on the sales calls that help create their commissions. Your CRM system handles many of those background tasks and helps focus attention to the businesses and individuals most likely to become customers. The sales team leverages these tools to spend more time on closing sales, bringing greater success to those individuals and your whole organization.

Create Repeat Customers

Through all this, the CRM delivers on one more goal: creating repeat customers. If you understand how to cater to the needs of a customer, that customer will come to you again. Repeat customers become sources of revenue you can continue to count on even while your team focuses on closing with new customers.

The right CRM system gives you advantages over any non-automated process you may have. Look for a CRM that delivers on your expectations. Once you implement it, the whole ISO will prosper.

How the Right CRM System Can Help ISOs and Merchant Resellers Increase Sales 300%

About the Author

Gigi Beyene, SVP, US Partners

With Nuvei since 2007, as an expert in strategic channel development and partnership management, Gigi’s collaborative techniques and leadership have helped ISOs both launch and grow successful merchant portfolios.

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