Page 37 - GS190602
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Education





        cent. The study also reported remote sell-  A perfect combination of the two sales models is emerging in the MLS
        ing was on the rise, projecting it would   world as successful new tactics evolve. The ability to touch more prospects
        increase 30.2 percent in the following    while building solid relationships looks like the winning combination for
        year.                                     MLSs seeking to retain merchants while obtaining new business.

        Here is perhaps the greatest surprise in   As I get older and no longer have the energy I once had, I expect the
        the evolution of inside sales (primar-    ability to remotely sell and support a service will be a positive factor in
        ily handled remotely) and outside sales   my success as I move into my next phase of life. It's intriguing to know my
        (largely done face-to-face): Using census   time and energy can be used more effectively with inside sales tactics, and
        data, the report analyzed how the 5.7 mil-  that I won't have to sacrifice building solid relationships and retaining my
        lion, non-retail salespeople in the United   customers.
        States were spending their time. Re-
        searchers estimated salespeople focused   I believe in the value of standing in front of your prospect and being
        43.5 percent of their time inside, and 56.5   able to build a relationship, but I also see a need to balance this with the
        percent in the field.                     efficiencies gained with remote tactics. I can now attest, if both tactics are
                                                  done effectively, the outcome will far exceed what I could accomplish with
        Studies like this prove outside sales rep-  only face-to-face interaction.
        resentatives are now spending nearly half   Dee Karawadra is president and CEO of Impact PaySystem, and Emily Karawadra is the com-
        of their time selling remotely, which re-  pany's chief financial officer. Since 2001, Impact PaySystem has been a leading provider of
        flects an 89.2 percent increase since 2013.
        Additionally, respondent companies re-    payment processing technologies and services to merchants throughout the United States.
        ported the primary purpose of inside      Through alliances with payments industry leaders such as Chase Paymentech, First Data,
        sales  teams was to "create a model that   Buypass, Sage and more, Impact PaySystem offers tailored solutions to meet the unique
        more fully partners with field sales." We   needs of each merchant. Dee and Emily will welcome your questions and comments at
        see this also happening in the merchant   dee@impactpays.com and emily@impactpays.com, respectively.
        services industry, with outside sales
        teams becoming more and more able to
        sell remotely and cover additional terri-
        tory.
        From Dee

        In  a  service  industry  such  as  merchant
        services, nothing beats the personal touch
        of a face-to-face sale. We all see this in our
        attrition rates. The merchants we're able
        to make relationships with are the mer-
        chants we keep even after their contracts
        expire.

        However, inside  sales  has  evolved  from
        telemarketing to a frontline sales process
        handled remotely, which routinely in-
        volves high-touch transactions over the
        phone and email. Unlike old-fashioned
        telemarketers, today's inside salespeople
        are highly skilled and knowledgeable.

        Advances in communications technology
        enable inside sales professionals to give
        presentations,  conduct  demonstrations
        and perform most functions traditionally
        handled by representatives in the field.
        And  when  the  approach  is  right,  they
        build strong relationships remotely and
        provide the support needed to keep mer-
        chants loyal.





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