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CRM
for
SemiconductorsFive
Ways
to
Drive
More
Revenuefrom
Your
Salesforce
PlatformCRM
Solutions
EmpowerYour
BusinessCRM
solutions
empower
your
business
with
indispensable
tools
forconsolidating
customer
data,
managing
opportunity
funnels,
providingmobile
access
to
sales
data,
and
connecting
to
marketing
automation
andother
sales
resources.So
why
would
more
than
70%
of
semiconductor
companies
be
unhappywith
their
CRM
tools?
Or
worse,
what
would
make
50%
of
them
report
adecline
in
sales
effectiveness
after
their
CRM
implementations?*You
might
say
it’s
the
difference
between
a
light
socket
and
an
IC
socket.A
horizontal
CRM
solution
simply
cannot
address
all
of
the
unique
needsof
every
industry.
From
nomenclature
to
workflows,
best
practices,
datamodels,
and
channel
relationships,
your
CRM
solution
should
speak
yourbusiness
language
and
processes.
If
it
doesn’t,
you
could
beweakeningyour
sales
team,
overspending
on
customization,
and
missing
opportunitiesfor
revenue
growth.The
Model
N
Sales
Conductor
solution
leverages
all
of
the
functionality
ofthe
Salesforce
Sales
Cloud
CRM
platform,
while
providing
much-needed,purpose-built
capabilities
for
semiconductor
and
electronic
componentsmanufacturers—so
you
can
take
full
advantage
of
your
CRM
to
managemore,
sell
more,
and
add
more
top-line
revenue.2THIS
EBOOK
WILLCOVER:Five
of
the
ways
Model
N
Sales
Conductor,
a
solution
built
on
the
Salesforce
Platform,
can
help
you
extend
the
value
of
your
Sales
Cloud
CRM.*Source:Absolute
Data
Semiconductor
CRMStudyNUMBER
1Use
solution
selling
to
win
more
designs.Large
product
portfolios
can
present
a
wealth
of
opportunities
for
salesreps
in
semiconductor
and
electronic
components
businesses.
But
arobust
product
catalog—particularly
one
that
results
from
mergers
andacquisitions—can
also
be
complex,
confusing,
and
constantly
changing,making
itnearly
impossible
for
sales
staff
to
stay
current
or
to
representyour
complete
portfolio
to
prospects.
And
of
course,
every
missed
salesopportunity
is
a
missed
opportunity
for
revenue.The
Model
N
Sales
Conductor
solution
equips
sales
staff
to
representlarge
product
catalogs
and
stay
current
with
expanding
portfolios.
Guidedcross-
and
up-selling
can
help
your
team
capitalize
on
more
opportunities,capture
more
sockets,
and
drive
more
revenue.
With
immediate
access
torecommended
designs,
they’ll
be
able
to
work
directly
and
in
real
time
withtheir
customers
to
design
relevant,
high-value
solutions.Using
Sales
Conductor,
your
business
will
also
be
able
to
more
quicklyonboard
new
reps
and
integrate
teams
after
a
merger
or
acquisition.
You’llbe
empowering
the
entire
sales
force
to
win
more
designs
and
ultimatelyboost
top-line
revenue
through
solution
selling.3Centralized
client
informationTask
automationEasy
customizationReal-time
visibilityThe
Salesforce
Sales
Cloud
empowers
salespeople
to
sell
faster,smarter,
and
the
way
they
want.
For
eleven
consecutive
years,Salesforce
has
been
positioned
by
Gartner,
Inc.
as
a
leader
in
itsMagic
Quadrant
for
Sales
Force
Automation.The
Sales
Cloud
application
centralizes
customer
information,
logsclient
interactions,
and
automates
common
sales
tasks
to
giveaccount
teams
more
time
to
develop
and
close
deals.
Sales
Cloudis
easy
to
use
and
customizable
to
your
sales
reps’
work
methods.Real-time
visibility
into
sales
team
activity
also
helps
managersforecast
sales
with
confidence.TheSalesforceSales
Cloud
CRM
Platform4Declining
prices
in
the
semiconductor
and
electronic
components
business
keepthe
competitive
environment
fierce.
Unless
your
sales
reps
can
quickly
and
clearlyarticulate
the
value
add
of
your
designs,
they
could
be
at
serious
disadvantage
inhighly
competitive
sales
situations.
The
time
they
spend
tracking
down
neededinformation
is
time
not
spent
selling
and
can
ultimately
mean
losing
a
deal
to
amore
nimble
competitor.Using
Model
N
Sales
Conductor,
you
can
provide
immediate,
consolidated
accessto
product-differentiation
content
to
make
sure
your
reps
always
have
the
salesadvantage.
With
vital
worldwide
pricing
and
product
data
accessible
at
the
time
ofsale
from
their
mobile
devices,
your
teams
can
be
more
responsive,
well-informedto
mitigate
pricing
challenges,
and
better
positioned
to
win
high-value
deals.NUMBER
2Mitigatepricing
challenges
through
differentiation.5It’s
astory
ofhow
twogroups—one
focused
on
pricing,
oneon
sales
opportunities—came
together
for
business
success.
Bothteams
utilized
established,
mature
processes
and
systems.
But
theywere
disconnected,
lacking
visibility
across
systems
and
unable,for
example,
to
easily
prioritize
opportunities
for
maximum
revenuepotential
or
validate
pricing
strategies
by
tracking
opportunities
fromprice
quote
to
revenue
conversion.One
option
was
to
develop
a
custom
connector
to
integrate
existing
pricing
and
sales
tools.
But
even
with
the
company’s
strong
IT
team,
a
likely
protracted
development
cycle
combined
with
prohibitivedevelopment,
support,
and
maintenance
costs
dissuaded
businessmanagers
and
analysts
from
pursuing
in-house
customization.Exercising
due
diligence,
the
company
evaluated
alternativeoff-the-shelf
solutions,
ultimately
selecting
a
Model
N
solutionwith
the
Sales
Conductor
built
on
the
Salesforce
Platform.The
closed-loop
system
connects
opportunity
and
registrationinformation
to
pricing
rules,
margin
agreements,
quotes,
andcontracts,
debits,
and
POS
records.Solution
benefits
include
greater
revenue
accuracy
and
visibilityacross
mixed-product
solution
sales.
Sales
Conductor
on
theSalesforce
Platform
provides
ready
access
to
a
wealth
of
qualitativeand
quantitative
data
that
can
be
used
in
evaluating
new
revenuemodels,
assessing
success
in
particular
markets
or
regions,
anddeveloping
opportunity
intelligence
that
helps
sales
teams
anticipateand
better
satisfy
customer
needs.The
company’s
project
team
initially
estimated
a
six-monthimplementation
process.
“By
focusing
on
standardized
processes,we
were
able
to
actually
complete
the
implementation
in
justthree
months,”
notes
a
Senior
Corporate
Manager.
“Based
on
ourexperience
with
the
Sales
Conductor
application,
a
six-month
rolloutwould
not
be
an
unreasonable
expectation
for
other
billion-dollarsemiconductor
businesses
like
ours.”Pricing
and
Opportunity:
Together
in
Less
Than
6
MonthsMultibillion-dollar,
US-based
semiconductor
design
and
manufacturing
company6“The
goal
of
connecting
pricing
and
opportunity
data
was
toimprove
conversion
rate
by
20%.
We
also
wanted
to
improvecollaboration
between
sales
and
marketing.
Although
teamworkis
not
a
readily
quantifiable
KPI,
we
observed
a
marked
transitionfrom
passive
to
active
involvement
of
our
marketing
team.
Withdramatically
improved
visibility
into
opportunities,
productmanagers
and
other
key
staff
can
more
readily
provide
theresources
and
support
that
sales
teams
need
to
compete
for
andwin
high-value
deals.
Both
marketing
and
sales
staff
appreciatethe
productivity
improvements
and
success
that
comes
fromcollaborating
as
one
team.”Pricing
and
Opportunity:
Together
in
Less
Than
6
Months7Sales
reps
rightly
balk
at
the
heavy
data-entry
burden
they
associate
withCRM
systems.
Studies
indeed
suggest
they
can
spend
as
much
as
onethird
of
their
time
administering
opportunities.
That
time
drain
impactsproductivity,
prolongs
the
sales
cycle,
and
can
ultimately
cost
revenue.Sales
Conductor
shifts
the
paradigm
from
‘put
data
in’
to
‘getinformation
out.’
The
application
helps
minimize
data
entry
while
givingsalespeople
more
information
faster.
Your
reps
will
be
able
to
work
moreindependently
and
propose
and
win
more
designs
in
less
time.MODEL
N
MEANS...More
revenueFaster
revenueMore
revenue
visibility
for
better
business
planningNUMBER
3Accelerate
the
sales
cycle.8Generic
CRM
is
not
designed
to
support
a
multi-tiered
channel
partner
andfulfillment
chain
that
routinely
includes
ODMs,
EMS
providers,
CMs,
anddistributors.
As
a
result,
your
sales
and
marketing
teams
likely
have
no
singleview
of
the
funnel
and
derive
littlevalue
from
standard
reports.Model
N
Sales
Conductor
offers
semiconductor
and
electronic
componentmanufacturers
an
industry-specific
CRM
enhancement
for
the
SalesforceSales
Cloud
to
enable
management
of
the
opportunity
pipeline
across
theextended
organization,
including
the
full
channel
partner
ecosystem.
Yourteams
will
gain
a
single
view
of
the
entire
direct
and
indirect
channel
funnelwith
the
ability
to
transfer
business
and
reference
designs.
They’ll
be
able
togenerate
more
accurate,
timely,
and
reliable
funnel
reports
with
an
improvedvisibility
that
lets
them
focus
on
key
design
opportunities.EMSPRVDCMODMDSTNUMBER
4Model
your
entire
customervalue
chain.9“Using
the
power
of
Sales
Conductorhelps
the
company
convert
moreopportunities
to
business.”
–
Director
of
Sales
Operations
and
PricingOne
large
microcontroller
manufacturer
implemented
a
ModelN
Sales
Conductor
solution
to
improve
opportunity-conversionrates
and
pipeline
visibility.
Among
the
tangible
benefitsrealized
were
a:5%
increase
in
visibility
into
opportunities15%
increase
in
contracts
documented
in
CRM20%
increase
in
accounts
documented
in
CRM15%
increase
in
opportunities
documented
in
CRM300%
increase
in
activities
documented
in
CRMThe
sales
operations
project
team
also
emphasizes
the
rapidand
enthusiastic
adoption
of
the
program.
Based
on
the
familiarSalesforce
Platform,
the
application
allowed
reps
to
almostimmediately
take
advantage
of
enhanced
functionality,
includingreal-time
quoting
and
approvals.
Sales
reps
did
not
have
to
learn
anew
system
and
are
now
empowered
to
enter
data
from
around
theworld
in
real
time
via
their
mobile
devices.10If
your
funnel
data
for
direct
and
distribution
channels
resides
in
differentsystems,
you’re
likely
spending
an
inordinate
amount
of
time
looking
forinformation
and
yet
still
missing
opportunities.
Model
N
Sales
Conductor
letsyou
model
both
the
direct
and
distribution
channels
in
a
single
system.
A
partnerportal
even
allows
distributors
to
directly
create
design
registrations
in
thesystem.
With
consolidated
funnel
data,
you’ll
be
able
to
more
quickly
identify
and
discover
new
prospects,
accelerate
the
review
and
approval
of
registrations,eliminate
overlapping
sales
efforts,
and
reduce
opportunity
duplication.NUMBER
5Gain
visibilityacrossthe
entire
sales
process.11Just
think
of
all
the
things
you
could
do
withModel
N
Sales
Conductor.
You
could...Manage
all
different
kinds
of
designs,
includingnew,
existing,
and
reference
designs.
Justimagine
how
much
easier
it
would
be
to
measurethe
effectiveness
of
design
activities,includingevaluating
revenue
for
reference
designs.Include
multiple
items
in
a
single
opportunity,while
still
managing
the
status
of
individualitems.
Think
about
how
much
more
efficientlyyou
could
manage
opportunities
and
registration.Link
to
customers’
projects
and
assemblies.
You’dbe
able
to
improve
opportunity
productivity
andregistration
effectiveness.Manage
transfers
across
the
value
chain.Imagine
the
many
ways
that
better
collaborationwould
help
your
team
improve
efficiency
andincrease
revenue.Administer
sample
requests,
including
the
linkageto
fulfillment.
Finally,
you’d
be
able
to
measurethe
effectiveness
of
sample
activities.12Model
N
Sales
Conductor:The
PowerfulEnhancement
forYour
Sales
Cloud
PlatformDeveloped
specifically
for
the
semiconductor
and
electronic
componentsin
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