BSI Group (British Standards) - Sales Consultancy

Our purpose is to inspire trust for a more resilient world. Our solutions and services improve performance and support the United Nations Sustainable Development Goals. At BSI, our mission is to share knowledge, innovation and best practice to help people and organizations make excellence a habit. This is underpinned by our role as the national standards body and through our prestigious Royal Charter.

For more than a century we have been challenging mediocrity and complacency to help embed excellence into the way people and products work. That means showing businesses how to improve performance, reduce risk and achieve sustainable growth. As a global leader in helping organizations improve, our clients range from high profile brands to small, local companies in 193 countries worldwide.

Client:

British Standards

Website:

Simply Commercial

Date:

July, 2017

Category:

Sales / Marketing

01. Сhallenge

BSI Group had a new inexperienced inside sales team selling a high level solution across all major industries with very little success. There was several factors for this. industry understanding, team coaching and poor call / data approach within the team structure.

the organization is just beginning to operate in the market, implementing some projects. Our team of global experts help you achieve sustainable, organic growth by focusing on three critical building blocks.
there are projects that require temporary expansion of the marketing department. Customer-focused businesses build a virtuous cycle we call the "customer wheel." We help you at every stage of growth, developing custom solutions and collaborating with all levels of your organization.

02. Solutions

We took a several step process firstly breaking down the systems and tool the team had access to, secondary we then review the data collected by the businesses vs that information the team had access we noticed that there was a lot of data collected that could support the sales team in having a stronger conversation with customers. We integrated the data flow from other departments and business systems directly into their CRM allowing the sales team a 360 view of the customer. The third step was to retrain the team on a consultative sales approach diving into the customers needs to better service them. Next we did industry training sessions giving the sales team a basic understanding of each major industry and its core pain points to better enable them to offer the right solution to the customer. finally we introduced new tools and data sources to unlock new untapped customers.

81

Data improvement

83

Sales Growth

80

Customer Conversion

93

Customer retention rate

03. Results

within the first 12 months we had restructured the inside sales team, restructured the approach to lead generation with several new campaigns backed with data and customer insight. within 6 months of the new sales strategy the teem went from producing an average of 14 leads per month per agent to producing over 45 leads per month per agent which is a 321% increase.

Over the next 12 months we grew the inside sales team from 3 to 5 due to the extra revenue generated by the team and expanded the Business Development team by an 2 additional sales managers. We took the overall new businesses sales team from £42M to over £57M in new sales. We delivered an average of 18% year on year increase over the next 2 years.