{"id":251711,"date":"2021-03-09T00:00:00","date_gmt":"2021-03-09T05:00:00","guid":{"rendered":"https:\/\/www.servicexrg.com\/blog\/guest-post-sell-services-faster-and-more-accurately\/"},"modified":"2022-06-14T12:24:59","modified_gmt":"2022-06-14T16:24:59","slug":"guest-post-sell-services-faster-and-more-accurately","status":"publish","type":"post","link":"https:\/\/www.servicexrg.com\/blog\/guest-post-sell-services-faster-and-more-accurately\/","title":{"rendered":"Sell Services Faster and More Accurately"},"content":{"rendered":"
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Company executives understand that selling services alongside core product offerings leads to greater alignment and customer value, while subsequently decreasing the likelihood of customer churn and loss of recurring revenue.<\/p>\n

While products form the basis of a customer-vendor relationship, services are the foundation from which post-sales customer relationships are built and sustained.\u00a0 Services are a natural extension to core product features and offer access to the expertise, skills, and resources that drive customer value.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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Guest Post By Steve Schneider \u2013 Co-Founder, WorkRails<\/em><\/strong><\/p>\n

Why selling services can be difficult<\/h2>\n

Well-defined services and the means to sell them are imperative. so why is selling services so difficult?<\/p>\n

The ability of Sales to sell services is often complicated by inadequate systems and manual processes that reduce the speed and accuracy of service discovery, configuration, and quoting. Inhibitors to service sales are often systemic and arise from programs that are disproportionately focused on selling strictly new products.<\/p>\n

Services revenue is more important than ever, and companies must make concerted efforts to help their Sales teams sell services more efficiently.<\/p>\n

10 ways to help Sales teams sell services<\/h2>\n
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  1. Make Sales aware of available services.<\/strong><\/li>\n<\/ol>\n

    Sales teams may not be familiar with the extent of services available to customers or recent modifications and enhancements to the catalog of available services. Actively promote the availability and value of services to Sales.<\/p>\n

    Develop a comprehensive catalog of service programs with up-to-date program descriptions and critical details. Make the service program catalog available digitally in a single, easy-to-find location like a CRM.\u00a0 Keep Sales up-to-date about enhancements to the service catalog.<\/p>\n

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    1. Make it easy for Sales to align customer needs with available programs.<\/strong><\/li>\n<\/ol>\n

      The existence of a service catalog does not mean that Sales will know how to align customer needs to available services. Help Sales recognize service opportunities and provide the tools to match needs to available services.<\/p>\n

      Provide Sales with digital customer journeys, use case examples, and service configuration guidance (configurators). Consider creating predefined service-outcome-based journeys that package multiple service programs to deliver specific customer outcomes, but also support custom SOWs.<\/p>\n

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      1. Justify service value.<\/strong><\/li>\n<\/ol>\n

        Every service program and service bundle will have an associated price, even if it is discounted. Customers will want to understand the benefits of service offers for the price paid. Be prepared to help Sales justify service value. Establish guidance to suggest the tangible benefits customers can expect, including faster time to benefit; lower costs to implement and maintain; and the attainment of business performance objectives.<\/p>\n

        Provide Sales with cases studies and quantification tools to help justify the cost of services.<\/p>\n

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        1. Simplify service configuration.<\/strong><\/li>\n<\/ol>\n

          Some service programs will provide standard deliverables and resources, other services must be customized to meet specific customer needs. Make it possible for Sales to customize and configure services to meet the specific scale and scope of customer needs. Integrate configuration tools with the ability to create customized service quotes.<\/p>\n

          Provide Sales with access to easy-to-use sales enablement and on-line configuration tools to capture required information needed to customize service quotes.<\/p>\n

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          1. Streamline proposal creation.<\/strong><\/li>\n<\/ol>\n

            Creating a service proposal should not be complicated. To simplify service proposal creation, use configured services information to automatically build proposals with up-to-date program descriptions, terms, and conditions. Provide the means to pull information from existing systems and integrate customer-specific configuration inputs to create customized service proposals.<\/p>\n

            Provide Sales with the proposal-generating tools necessary to generate customer-ready documentation quickly and easily.<\/p>\n

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            1. Digitize pricing, discounting, and Sales policies.<\/strong><\/li>\n<\/ol>\n

              Pricing should not be a mystery and Sales should not have to hunt for quotes. Provide a digital experience for Sales and Service team members to dynamically create quotes based on customer needs. Add pricing and sales policies to your services catalog and keep all data up to date and relevant in one central repository. Assure that pricing and sales policies are clearly delineated by regions.<\/p>\n

              Provide Sales with a digital platform to generate quotes on demand based on customer requirements.<\/p>\n

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              1. Automate approval workflows.<\/strong><\/li>\n<\/ol>\n

                Take the guesswork out of pricing and discounting by establishing clear sales policies and approval guidelines. Automated, end-to-end service sales workflows and approvals assure that proposals are aligned with current sales policies.<\/p>\n

                Provide Sales with clearly defined sales policies related to pricing discount and approvals. Provide digitally enabled processes for creating and routing new proposals to the appropriate internal resources for approval\u2014deal desks or executives\u2014 with the ability to capture customer approvals digitally.<\/p>\n

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                1. Seamless system integration<\/strong><\/li>\n<\/ol>\n

                  Selling services should not require extraordinary efforts by Sales. Disparate systems that require time and effort to keep up to date can increase the time to close new service deals and lead to errors and inaccuracies.\u00a0 implify the service sales process by integrating Customer Relationship Management (CRM),\u00a0 Enterprise Resource Planning (ERP), Professional Services Automation (PSA), and other back-end systems that enable service sales actions such as configuration, pricing, quoting, booking, and scheduling new services.<\/p>\n

                  Remove the burden on Sales teams to update multiple disparate systems by providing seamless system integration across the end-to-end service sales process.<\/p>\n

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                  1. Incent action.<\/strong><\/li>\n<\/ol>\n

                    Streamlining and simplifying the end-to-end service sales process will help Sales sell services, but it may not be enough. If you want Sales to take an interest and commit time and efforts to selling services recognize and incent action. Structure compensation, goals and KPIs to properly align products and services.<\/p>\n

                    Incent Sales to sell the right services to the right customers and adhere to established service sales policies and guidelines.<\/p>\n

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                    1. Measure and improve.<\/strong><\/li>\n<\/ol>\n

                      Monitor the effectiveness of service sales actions to identify which service programs are most often purchased and w messaging and sales resources are most useful for closing service deals. Evaluate the effectiveness of selling platforms and processes to further streamline the service sales process.<\/p>\n

                      Continually monitor service sales performance and engage with Sales teams to assure that service offers are aligned with current customer needs; sales resources are effective; and that systems and processes are streamlined.<\/p>\n

                      Help your Sales team sell services.<\/p>\n

                      Services and the means to sell them are imperative. With the right resources Sales can quickly and accurately discover, understand, configure, price, and quote services. Effective service sales capabilities create opportunities for recurring revenue retention and growth. Help your Sales team sell services by providing the information, systems, and processes they need.<\/p>\n

                      Service sales can be complex and time consuming, but it doesn\u2019t have to be.<\/p>\n

                       <\/p>\n

                      About WorkRails<\/strong><\/h2>\n

                      WorkRails has reinvented how software companies sell services to their customers.\u00a0 With over $700 billion a year spent on technology services, we were shocked to see the most advanced companies relying on old documents, spreadsheets and predominantly manual processes to drive such an important part of their business.<\/p>\n

                      Through automation, WorkRails makes selling services easy, fast and more accurate for our clients, saving them time and money.\u00a0 Our SaaS solution powers an e-commerce experience for services employees, clients and partners that increases adoption and reduces errors.\u00a0 Our clients include some of the top software companies in the world.<\/p>\n

                      Learn More about\u00a0WorkRails<\/a>\u00a0at https:\/\/www.workrails.com\/<\/strong><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

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