QuoteQuickly Product Update: Dynamic Proposals

Do you wish you could make sure each of your sales quotes and proposals always included all relevant materials—and only those PDFs? You can make this happen with our new Dynamic Proposals capability.

Here’s how it works:

  • Upload as many PDFs as you want
  • Associate each PDF with specific quote template, product, service, or bundle
  • Automatically enrich the content of your quotes and proposals each time

Click here to learn more about the Dynamic Proposals feature on QuoteQuickly.

What’s your sales quoting solution ROI? 3 Questions to ask

For companies considering Configure / Price / Quote (CPQ) sales quoting tools, the question comes down ROI.

There’s a simple way to calculate the potential cost savings of quoting quickly.

STEP ONE—Answer these questions: Continue reading

5 ways to optimize margins + win with CPQ sales quoting tools

Though often easier said than done, optimizing your margins is at the core of how you drive your business. The challenge is doing it efficiently without wasting too much time—especially with today’s increased economic considerations, when commoditization threatens even products that we used to assume were impervious to it.

Quoting technology offers a lot of potential for margin optimization. But these Configure / Price / Quote (CPQ) tools will can only work when all the pieces are in place.

Here are 5 critical areas to nail down before you automate: Continue reading

Help your channel partners cast a wider net – selling more by quoting quickly

Are your channel sales partners selling as much as you’d like?

Companies rely on resellers and other external partners more and more in their sales process. There’s a lot of potential, but it can be hard to operate at peak productivity with so many parties involved.

At the same time, buyer-seller conversations have transformed as decision makers increasingly create their own brand preference with online research and social networking. In fact, Gartner predicts customers will transact 85% of their business without interacting with a person by 2020. Does your sales cycle accommodate these trends?

On average, online buyers require 7 online touches before purchase. (Source: StratusG Consulting)

Your best response is to empower your prospects in their research and your external sales partners to sell more. Continue reading

Why we abandoned email in 2012

We started on our new year’s resolutions a bit early here at Team Steel Brick. Two months ago, we shifted most of our day-to-day communication to Salesforce Chatter.

Email is great, but it’s more great to make more information available to more of our team more of the time.

No more mass emails. No more emails that need to be forwarded. No more checking on the status of a project. It’s all right there in Chatter. We’re big fans.

Today, sales teams succeed when their tools and strategies make collaboration easy.

Consider this industry research and news from Todd McCormick: Continue reading

Sign up exclusive: Dreamforce to you

Want the Sparknotes version of Dreamforce 2011 San Francisco? Get the highlights at Dreamforce to You – Seattle.

Who: Peter Coffee, other Seattle-based Salesforce.com customers, and you!

What: Dreamforce to You

When: January 12, 2012—9:00am – 1:00pm PST

Where: Four Seasons Hotel

Why: We’ll be there! Plus, it’s complimentary. We’ll all learn how to improve collaboration, user adoption and grow revenue.

Register now! Space is limited.

Sponsors: Steel Brick, FinancialForce.com, IBM/CastIron, and DocuSign.

Aberdeen survey: Make your partner relationships more profitable in 2012

Are your channel sales partners selling as much as you’d like?

Companies rely on resellers and other external channel sales partners more and more in their sales process. There’s a lot of potential, but it can be hard to operate at peak productivity with so many parties involved.

This week, Steel Brick partnered with The Aberdeen Group to launch a research survey designed  to help companies learn how to manage their partner relationships better in 2012. Continue reading

Shrink your sales cycle

By Caitlin Roberson, CEO of Wordisseur

Intuitively, we all know the shorter your sales cycle, the better. Sales reps need to be out pounding the pavement to win new business and expand existing accounts. But these stats really drive that intuition home:

Continue reading

3 sales quote features that will rake in incremental revenue

By Caitlin Roberson, CEO of Wordisseur

We’re all familiar with the 80-20 rule. More likely than not, 20% of your customers generate about 80% of your revenue. What are you doing to win more business with your most profitable customers?

Brent Holloway put it this way:

If 80% of your revenue last year came from existing customers, and the other 20% from new customers, then a 10% increase in sales from existing customers would have the same impact on revenue as a 40% increase in sales to new customers (8% company growth from either scenario).

Source: Sales 2.0 Blog

In a word, your current customer base houses your biggest potential payoff with the least additional effort and cost. Customer renewal, not customer acquisition, is the key to growth in today’s subscription-model marketplace.

The right tools will help your team spot and leverage these kinds of opportunities.

Make sure the sales 2.0 technology you select includes these features:

  • Automatic cross-sell + up-sell recommendations. You’ve already done the work configuring a proposal. Make sure it includes every product and feature that your customer needs. Research shows contract deals can increase up to 30% when you use tools that recommend other products to include in proposals.
  • Up-to-the-minute product information. Pricing options and product information can change frequently, especially when product bundles are in play. Your quoting solution should keep track of this information. That way, your reps will make the most profitable configurations the first time around.
  • Integrated field knowledge. Your reps’ hands-on insight into customer needs and goals is your golden ticket to profit. Make sure your tool houses comprehensive prospect and customer information in one place, and makes it available on-demand. You team should be able to access field notes and other important data any time, anywhere when they’re generating sales quotes and sales proposals. A solution that’s native to the cloud has a critical advantage here.

When customer contracts are up for renewal, your proposals need to be accurate and competitive—while making the most of your margins.

For more information, check out our buying guide here.

Posted by Lise’ McCarthy, Director of Sales Operations at Steel Brick.