Request demo


Source more prospects,
close more deals

How to drive growth using CRM software

August 6, 2020

In recent years, companies have broken down the walls between their teams and discovered new growth with the use of CRM (Customer Relationship Management) software.

For companies with separate sales and marketing teams, the value of a CRM system is indisputable. According to a study by Nucleus Research, the average ROI on CRM software is $8.41 for every $1 spent.

Workbooks provide an industry-leading cloud-based CRM. Their combination of groundbreaking, user-friendly technology, excellent customer support and highly competitive pricing makes them a great choice for small to medium-sized businesses.

We had some questions for Workbooks CEO and serial entrepreneur, John Cheney. John has over 30 years of experience in the IT industry and can be considered the expert in CRM technology.

Scroll 👇 to see our Q&A with John!

10 CRM software questions - answered!

1 - Why should an organisation invest in CRM software?

There are several positive outcomes from investing in CRM software: revenue growth by finding new customers and selling more to existing customers, improving the customer experience and reducing operational costs – a CRM can help with all these.

A CRM system streamlines business. It leads to better insight and decision-making. Also, with better quality B2B leads, you’ll build a stronger pipeline and unlock greater overall growth.

2 - Typically, which departments benefit from using CRM software?

Sales and marketing benefit in the most obvious way, but also customer service and finance. A CRM is perfect for tracking customer inquiries, and you can also integrate customer payments and credit control. For example, Cognism's Salesforce integration has supported several departments of the company.

In short, a good CRM should have a positive impact on the whole business.

3 - Why is CRM software essential for a sales team?

First, you have to split your SaaS sales team into buckets.

There are the sales leaders – what do they want?

They want a clear view of their pipeline and to measure the progress and productivity of their SDRs. They also want to measure the effectiveness of marketing – what’s the quantity and quality of the inbound leads?

Then there are the SDRs – what do they want?

For them, it’s all about productivity and being more efficient at their job. They want to be able to manage their workload and prioritise their tasks.

A good CRM should be helping both of these sales groups at once.

4 - How can CRM software help you find and convert the right customers?

The most important thing is for the whole business to agree on what your ideal customer looks like. Then, once you have that defined, you can look at how a CRM can help you reach them.

At the top of the funnel, you want to attract those ideal buyers. CRM software can help here. For example, if your CRM can track website traffic, then you’ll know which pages are popular and what content people are engaging with. You can use these insights to improve your company’s marketing, with better targeting of leads and more relevant content.

Further down the funnel, use your CRM to track the conversion rate. Which types of leads are actually translating into business? Again, use those insights to influence which leads you’re targeting and engaging with.

5 - How does CRM software reduce the cost of sales?

One way to reduce the cost of sales is to make your marketing more efficient! It’s often overlooked by sales leaders, but it can be a very quick win.

Use your CRM to measure the success of marketing. Which area’s performing best – is it PPC, email or SEO? When something’s working well, focus resources on that area.

For the sales team itself, productivity is a big factor. The less time your SDRs spend on sales admin, the more calls they’ll make and the more deals they’ll close.

6 - How does CRM software increase sales productivity?

There are three main ways:

  1. Salespeople are able to find the information they need more quickly.
  2. By being more aligned with sales, it will be easier for marketing to provide warm leads directly through the CRM.
  3. Streamlined processes. For example, electronic signing in the CRM, automated order processing...anything that makes your sales team’s lives easier!

The main point here is that a CRM system puts everything in the right place. Any information that you want to share or see can be filed or found, exactly where you’d expect it. This makes research, planning, collaboration and sales strategy that much simpler.

This is especially important for new businesses that need to automate all customer interactions and sales processes.

7 - How does CRM software increase upsells and improve customer retention?

The fastest, easiest growth driver is selling more to your existing customers.

Study the transactional data in your CRM to see what they’ve purchased before, and determine what they’re likely to buy in future. Feed that information to your marketing team. They can create content specifically to engage that audience and prove the value of the upsell opportunity.

If you want to improve retention, then you have to look at the customer experience. Analyse the B2B data for your customers in the CRM. How many tickets have your customers raised? If it’s too many, that’s a warning sign.

At Workbooks, we use a traffic light system. If a customer raises a certain number of tickets, they go from green to amber to red. A red rating means it’s time to put in place an action plan for that customer. Use the CRM to identify ‘at-risk’ customers early and you can quickly turn things around.

Also, use regular customer surveys and log the results in your CRM. The best way to find out if your customers are happy is to ask them! After you get the results back, check your CRM data for trends.

A good CRM system will help you to spot areas for improvement before they turn into serious problems.

8 - How does CRM software help to align sales with marketing?

An integrated CRM and marketing automation platform is essential. Both teams should be using the same tech!

It’s no good having your B2B sales team using a CRM and your marketing team using a different platform – it’s best when everyone works together! Growth happens when sales and marketing are on the same page.

If your ICP (ideal customer profile) changes based on sales information from your CRM, it’s important that marketing should be able to quickly recognise this and review their content plan. This is an example of marketing and sales using the CRM to create a more efficient workflow.

Instead of talking about the sales and marketing funnel – talk about the revenue funnel! It should be all one funnel, measured by the same metrics and underpinned by the same tech.

9 - What advice would you give to someone thinking about investing in a CRM?

Ask yourself 3 questions – “why, what, how”:

  1. Why are you looking to make the investment?
  2. What kind of business outcome do you want?
  3. How are you going to achieve it?

Once you’ve got the answers, go ahead and invest! Don’t get hung up on features or functionality. Instead, find a CRM that provides the clearest route to achieving your goals.

10 - Lastly, why do your clients choose Workbooks over bigger brands like Salesforce and Microsoft Dynamics?

Our customer base is mid-market, so we’re a very price-sensitive option – 50% of the price of Salesforce!

We also have a unique onboarding process called “Shared Success” – we run workshops with our clients to uncover the “why, what and how” behind their CRM investment. If we think that Workbooks can deliver from them, we implement our tech for free!

Workbooks isn’t just a software company; we’re a fully-fledged CRM consultancy. Our goal is to build long-term relationships with our customers. I think that’s what separates us from other CRM software providers.

Learn outbound from the experts

We’d like to thank John Cheney for his contribution and insight into the world of CRM software. You’ll find more similar useful content over on the Workbooks blog.

If you’re after more outbound tips, then take a look at our Outbound Prospecting Playbook.

It’s full to the brim with tips, tricks and statistics on cold calling, outbound emailing, sales cadences, TAM calculation and more. Download a copy today and learn some new sales skills!

Cognism Outbound Prospecting Playbook