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HatchWorks Appoints Shawn DeVries as New Vice President of Sales

Industry Veteran to Drive Revenue Growth and Enhance Client Relationships at Leading Custom Software Solutions Provider.

HatchWorks, a leading provider of custom software solutions, is thrilled to welcome Shawn DeVries as its new Vice President of Sales. With over 25 years of experience, Shawn brings a wealth of knowledge and expertise to the HatchWorks leadership team, empowering the company to focus on providing new and innovative solutions to its clients.

In his new role, Shawn will be responsible for leading and scaling HatchWorks’ sales organization, developing and executing sales strategies, and driving revenue growth across all service lines. Prior to joining HatchWorks, Shawn served as Managing Director at Kin + Carta, where he played a critical role in driving revenue growth and building strategic client relationships.

Read More: SalesTechStar Interview with Alexandre de Vigan, CEO, Nfinite

“HatchWorks is excited to have Shawn join our team,” said Brandon Powell, Founder and CEO of HatchWorks. “His deep experience in the fast-moving digital transformation space will enable our clients to harness the power of digital solutions fully, and his proven track record of success in sales operations and building client relationships will help us achieve our growth goals.”

“I strongly believe that the future of digital consultancy is rooted in transparency, shared ownership of business outcomes, and trusted long-term collaboration,” says Shawn DeVries. “I’m thrilled to join HatchWorks and eager to enhance our client connections, expand services into new markets, and amplify the partnership channel.”

By partnering with Global 1000 clients, Shawn brings a wealth of knowledge on leveraging digital innovation for positive change in business and the world around us. He is a strong mentor, experienced coach, and supportive guide to fellow growth professionals.

Read More: 4 Strategies to Increase Video Messaging During the Sales Process

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Cresta Named Winner in 2023 Artificial Intelligence Excellence Awards

Platform Named Winner in Knowledge Management Category

Cresta, a leading provider of generative AI for the contact center, announced that Business Intelligence Group has named the company a winner in its Artificial Intelligence Excellence Awards program.

By using Generative AI, Cresta’s Real-Time Intelligence Platform empowers agents, managers, and leaders to work together in order to maximize revenue, increase agent efficiency, and most importantly – create exceptional customer experiences. Cresta analyzes complex statements, emotions, sentiments, and behaviors to gain a deeper understanding of customer conversations when compared to traditional tools used by contact centers.

Read More: SalesTech Interview with Irina Soriano, VP of Enablement at Seismic

“Cresta is thrilled to be recognized by Business Intelligence Group in its Artificial Intelligence Excellence Awards Program,” said Scott Kolman, CMO of Cresta. “Cresta continues to build solutions that improve both the customer and employee experience. By ensuring agents have the right information when they need it, Cresta helps deliver highly personalized experiences across every customer interaction and create positive business outcomes. The entire Cresta team is honored that Business Intelligence Group recognizes our hard work.”

“We are so proud to name Cresta as a winner in our inaugural Artificial Intelligence Excellence Awards program,” said Maria Jimenez, chief nominations officer for Business Intelligence Group. “It was clear to our judges that Cresta was using AI to improve the lives of their customers and employees. Congratulations to the entire team!”

Cresta incorporates generative AI into all the company’s products to make every customer interaction excellent. Cresta turns real-time intelligence into real-time action to make the contact center smarter – and every agent and manager more productive. Powering customer experiences for companies like CarMax, Blue Nile, Earthlink, Intuit, and Porsche, Cresta is real-time AI for the real world.

Read More: 4 Strategies to Increase Video Messaging During the Sales Process

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Appriss Retail Appoints Michael Osborne as Chief Executive Officer

Osborne brings a data and analytics-driven approach to drive continued growth worldwide

Appriss Retail, a leading provider of data and analytics solutions designed to reduce retail losses, decrease returns, and provide a more seamless consumer experience, announced the appointment of Michael Osborne as Chief Executive Officer (CEO). Interim CEO and Board Member Krish Sastry will continue to serve on the Board of Directors and support Osborne in shaping the strategic direction and future of the business. Appriss Retail is a portfolio company of Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and Insight Partners.

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“I am thrilled to lead the amazing team that has delivered high-ROI solutions for nearly 20 years. I look forward to partnering with our customers to find new ways to help them understand their consumers better and sustain profitable ways of doing business.”

Today, omnichannel retailers are grappling with the unique and significant challenges of understanding consumer behavior across channels and finding ways to effectively engage their shoppers. At the same time, the cost and complexity of identifying and mitigating nearly $100 billion in losses from shrinkage, including return fraud, is top-of-mind for senior retail executives. Osborne is uniquely prepared to help omnichannel retailers around the world combat this issue.

“We are excited to partner with Michael and continue to support the talented Appriss Retail team,” said James Pade, Partner and Managing Director at Clearlake. “Michael is a proven leader, and the combination of his experience shaping cross-channel consumer experiences for major retailers and his passion for leveraging analytics will empower Appriss Retail to further help omnichannel retailers create seamless online and offline experiences for their shoppers.”

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“Omnichannel retailers are tasked with striking a constant balance between attracting and retaining profitable customers, while using data and analytics to identify and reduce fraud and abuse,” said Krish Sastry, Managing Director at Insight Partners. “Michael’s track record of applying sophisticated analytics to shape consumer experiences for omnichannel retailers of all sizes will be invaluable as Appriss Retail strengthens its commitment to loss prevention, while finding innovative ways to maximize profit for customers.”

Osborne has spent over two decades in the technology, data, and analytics industries, with proven success in developing and executing high-impact growth strategies. Most recently, Osborne served as President of Wunderkind, a leading performance marketing technology company. He joined Wunderkind after its acquisition of SmarterHQ, an analytics company that creates powerful cross-channel consumer experiences, where he served as CEO. Prior to leading SmarterHQ, Osborne served as Chief Revenue Officer at Bazaarvoice, where he played an integral role in the company’s rapid growth to a $150+ million recurring revenue business at IPO.

“Appriss Retail’s success to date has been outstanding,” said Osborne. “I am thrilled to lead the amazing team that has delivered high-ROI solutions for nearly 20 years. I look forward to partnering with our customers to find new ways to help them understand their consumers better and sustain profitable ways of doing business.”

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Splitit’s Checkout Plugin Now Available on SAP Store

By integrating with SAP Commerce Cloud, Splitit’s White-label Checkout Plugin brings one-click installments to merchants while reducing integration investment costs

Splitit announced that its Splitit Checkout Plugin is now available on SAP® Store, the online marketplace for SAP and partner offerings. Splitit’s new SAP Commerce Cloud integration makes it faster and easier for large enterprises with advanced B2B, B2C and B2B2C use cases to add Splitit’s Installments-as-a-Service to their ecommerce site. The Checkout Plugin simplifies the integration of Splitit for merchants while reducing integration investment costs.

“Our first white-label plug-in for SAP Commerce Cloud merchants provides a faster path to bringing our industry leading Installments-as-a-Service to their customers,” notes Splitit’s Chief Technology Officer Ran Landau. “This is critical for enterprise merchants, especially those with complex workflows which need a simplified solution with minimal technical lift.”

Read More: DataCore Wins Silver Stevie Award For Outstanding Sales And Customer Service

Splitit’s Installments-as-a-Service is embedded in the merchants current checkout flow and is completely customizable. Merchants can choose from a range of installment options and easily add upstream messaging to their site, all in their own brand look and feel. The merchant branded experience reduces the clutter and confusion of multiple payment logos throughout the customer journey.

SAP Store, found at store.sap.com, delivers a simplified and connected digital customer experience for finding, trying, buying and renewing more than 2,300 solutions from SAP and its partners. There, customers can find the SAP solutions and SAP-validated solutions they need to grow their business. And for each purchase made through SAP Store, SAP will plant a tree.

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Splitit is a partner in the SAP PartnerEdge® program. The SAP PartnerEdge program provides the enablement tools, benefits and support to facilitate building high-quality, disruptive applications focused on specific business needs – quickly and cost-effectively.

With the addition of SAP Commerce Cloud, Splitit has native integrations with seven of the largest global ecommerce platforms, including Shopify, Magento, Salesforce Commerce Cloud, Wix, WooCommerce and BigCommerce.

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New Shopify and Google Cloud AI Integration Brings Advanced Ecommerce Capabilities to Retailers and Merchants Worldwide

  • Shopify merchants can now deploy advanced search and browse experiences using Google Cloud’s Discovery AI solution; Rainbow Shops the first to see success

  • New research finds that search abandonment—when a shopper searches for a product on a retailer’s website or mobile app, but doesn’t find what they are looking for—costs the retail industry more than $2 trillion annually globally

  • Google Cloud integration with Shopify puts the power of AI directly into the hands of enterprise merchants and brands to solve the pervasive problem of search abandonment

  • Rainbow Shops has leveraged Google Cloud’s AI technology to increase search volume by 48% and slash bounce rate on visits three-fold on its ecommerce properties

Ahead of Shoptalk 2023, one of the retail industry’s most important events, Shopify Inc. and Google Cloud announced a new integration that enables retailers using Commerce Components—Shopify’s enterprise retail solution—to leverage Google-quality search capabilities and AI innovations.

Enterprise brands on Shopify can today access Google Cloud’s Discovery Al solutions directly through Commerce Components, Shopify’s modern, composable stack for enterprise retail. This integration, which can now be used by Shopify merchants globally and is available in most languages, increases access to Google’s advanced search and browsing technologies so that retailers can create more fluid and fruitful shopping experiences for their customers.

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Shopify and Google Cloud’s new integration equips enterprise brands with artificial intelligence (AI)-driven product discovery capabilities that address real-world business challenges, including:

  • Google Cloud Retail Search, which provides advanced query understanding that can produce better results from even broad queries, including non-product and semantic searches, to effectively match product attributes with website content for fast, relevant product discovery.
  • An AI-powered browse feature that uses machine learning to select the optimal ordering of products on a retailer’s ecommerce site once shoppers choose a category, like “women’s jackets” or “kitchenware.” Over time, the AI learns the preferred product ordering for each page on an ecommerce site using historical data, optimizing how and what products are shown for accuracy, relevance, and likelihood of making a sale.
  • An AI-driven personalization capability that customizes the results customers get when they search and browse retailers’ websites. The AI underpinning the personalization capability uses a customer’s behavior on an ecommerce site, such as their clicks, cart, purchases, and other information, to determine shopper taste and preferences.
  • A Google Cloud Recommendations AI solution that helps retailers deliver personalized recommendations at scale. Recent upgrades to Recommendations AI can make a retailer’s ecommerce properties even more personalized, dynamic and helpful for individual customers.
  • Advanced security and privacy practices that help ensure retailer data is isolated with strong access controls and is only used to deliver relevant search results on their own properties.

“We’re thrilled to continue our long-standing partnership with Google Cloud,” said Harley Finkelstein, President of Shopify. “We’re bringing together the best in commerce with the best in search to solve a complex and costly problem for enterprise retailers—world-class search and discovery for the online store.”

“Shopify integrating Google Cloud’s Discovery AI technology into its enterprise retail solution puts the power of AI directly into the hands of merchants and brands to solve everyday problems,” said Thomas Kurian, CEO of Google Cloud. “Now, retailers will be able to enhance their digital properties with better product discovery experiences, creating more fulfilling shopping experiences for their customers.”

Read More: SalesTechStar Interview with David von Rothenburg, VP Sales and Alliances at Pitcher

Rainbow Shops builds a better customer experience with Google Cloud search technology

Rainbow Shops, a Shopify merchant and popular retail apparel chain with more than 1,000 stores, recently integrated Google Cloud’s Discovery AI for Retail technology directly into its own digital domains. After experiencing limitations with other search and product discovery solutions, Rainbow Shops approached Shopify about the possibility of using Google Cloud’s search and browse capabilities.

When compared to other specialty search services, Rainbow Shops’ internal testing found that Google Cloud’s solution could deliver helpful results to an assortment of test queries 100% of the time. In addition to accuracy, Rainbow Shops saw an immediate reduction in the amount of time and effort its teams previously spent on manually refining search results, creating redirects, and pulling up to 50 other levers to get useful results.

Rainbow Shops is now using Google Cloud’s Retail Search technology, and importantly, it took less than a week for Google Cloud’s AI tools to be successfully integrated into Rainbow Shops’ online store and mobile app—all right before last year’s peak shopping moment for the retailer, Cyber Week.

“Now our search bar can handle almost anything our shoppers throw at it, surfacing helpful product results for nuanced queries like ‘lbd’ (little black dress) and extremely general searches like ‘Mardi Gras.’ We’ve also significantly advanced our ability to produce relevant results when a shopper has a typo in their query, which is commonly seen among our many customers now shopping on mobile devices,” said David Cost, vice president of Ecommerce and Marketing, Rainbow Shops. “Rainbow Shops is using Google Cloud’s AI tools to create an undeniably better shopping experience for our customers. In just three months we’ve already seen search volume increase 48% and our bounce rate on visits has decreased three-fold.”

Consistency lacking in retailer search experiences, resulting in search abandonment

Despite the continued rise in online shopping, many shoppers report hurdles in the product discovery experience on retailers’ ecommerce properties. New research from a Google Cloud-commissioned Harris Poll survey found that search abandonment—when a shopper searches for a product on a retailer’s website or mobile app, but doesn’t find what they are looking for—costs retailers more than $2 trillion annually globally1, and more than $234 billion in the U.S. alone.

Shoppers themselves say they depend on the search function or search box when shopping; it’s the most common way U.S. consumers search for products on retail websites (69%), followed closely by general website browsing (63%). The problem is that retailers’ search experiences lack consistency, as only one in 10 U.S. shoppers say they get exact results for their queries (12%) or good alternatives (11%) every time they use the search function on a retailer’s site. In fact, more than three in four U.S. consumers (76%) say that in the past month they have used the search function or search box on a retail website and it did not provide the item they were looking for.

Write in to psen@itechseries.com to learn more about our exclusive editorial packages and programs.

Nfinite Named to the 2023 CB Insights’ Retail Tech 100 List

Nfinite’s E-Merchandising Platform is Recognized for Enabling Top Retailers to Create Unlimited High-Quality Product Visuals

Nfinite, the leader in next-generation visualization and e-commerce merchandising, has been named in CB Insights’ third-annual Retail Tech 100. CB Insights’ annual list recognizes the 100 most promising private retail tech companies in the world that are using technology to create more connected and personalized experiences and drive efficiency and profitability for retailers.

“We are honored to be recognized by CB Insights for our innovation and impact in retail tech,” said Nfinite founder and CEO Alexandre de Vigan. “At Nfinite, we are passionate about enabling retailers to create digital imagery through 3D and CGI technology that engages customers and helps retailers enhance their bottom line. Being named in the Retail Tech 100 is a testament to our team’s hard work and dedication.”

Nfinite is an end-to-end e-merchandising platform that enables retailers to create, display, and manage unlimited high-quality product visuals in real-time without photography. It offers next-generation photorealistic CGI product imagery, including interactive and lifestyle images, to create immersive shopping experiences for customers. Using Nfinite’s technology, retailers can improve their customer experience, increase customer loyalty, and drive sales.

Read More: Gong Recognizes Ten Companies Driving Efficient Growth With Revenue Intelligence

Utilizing the CB Insights platform, the research team selected these 100 winners from a pool of over 7,000 private companies, including applicants and nominees. They were chosen based on factors including R&D activity, proprietary Mosaic scores, market potential, business relationships, investor profile, news sentiment analysis, competitive landscape, team strength, and tech novelty. The research team also reviewed hundreds of Analyst Briefings submitted by applicants.

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“This year’s Retail Tech 100 was more competitive than ever. Winners include early and mid-stage companies who are modernizing across areas such as store tech, e-commerce, loyalty & rewards, supply chain & logistics, and digital engagement,” said Brian Lee, SVP of CB Insights’ Intelligence Unit. “Through their efforts, this innovative cohort is empowering retailers with the technology to create more connected and personalized experiences, drive efficiencies, and improve profitability.”

Write in to psen@itechseries.com to learn more about our exclusive editorial packages and programs.

8×8 Named Computing’s DevOps Excellence Awards 2023 Winner for Best Automation Project

8×8, Inc, a leading integrated cloud communications platform provider, has been named Computing’s DevOps Excellence Awards 2023 winner for Best Automation Project. The award recognises 8×8’s DevOps team for the innovative application of MicroFrontEnds (MFE) Registry techniques that demonstrated the best overall impact on business and performance.

“We recognise that things can and will go wrong. By extending innovative automation techniques to modernise our solutions, we are proactively putting safeguards in place to minimize disruption and ensure business continuity,” said Steve O’Hara, Vice President of Engineering at 8×8 Inc. “By breaking everything down into smaller, more manageable microservices, we can better innovate across all of our applications. We are proud of our ability to move quickly to improve applications for our customers on a daily basis, and are honored to have been recognized by Computing’s DevOps Excellence Awards for these efforts.”

One of the UK’s leading awards in its field, Computing’s DevOps Excellence Awards showcases outstanding achievements from organisations, personalities, and solutions that have successfully applied DevOps methodologies.

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The award recognises that the MFE Registry strategy can be applied to breathe new life and innovation into traditional workflows that were previously impervious to rapid deployment. The technique allows for central management and targeting of versions of static apps to regions, customers, and users without the overhead of distributing it to more than 200 discrete servers.

Recently, 8×8 was also recognised as a 2022 CRN Tech Innovator Award winner for 8×8 Conversation IQ and as a Strong Performer in the Gartner Peer Insights “Voice of the Customer for Contact Center as a Service” report.

Read More: SalesTechStar Interview with David von Rothenburg, VP Sales and Alliances at Pitcher

8×8 XCaaS™ (eXperience Communications as a Service™) includes integrated cloud contact center, business phone, video meetings, team chat, and SMS in a single-vendor solution. 8×8 XCaaS is built on the resilient, secure, and compliant 8×8 eXperience Communications Platform™, which offers the highest levels of reliability with a financially backed, platform-wide 99.999 percent uptime SLA across an integrated cloud UCaaS and CCaaS solution.

Write in to psen@itechseries.com to learn more about our exclusive editorial packages and programs.

NTT DATA Business Solutions Receives SAP S/4HANA Cloud Partner of the Year Award For 2023 Diamond Initiative For SAP Partners

  • In the Diamond Initiative, NTT DATA Business Solutions AG has received an award for “SAP S/4HANA Cloud Partner of the Year 2023” from SAP Germany

  • NTT DATA Business Solutions has been named a Focus Partner for the sales areas of Process & Life Sciences Industries, Discrete Manufacturing & Automotive, Digital Supply Chain, and Intelligent Spend & Business Network in Germany.

In this year’s Diamond Initiative for SAP Partners, NTT DATA Business Solutions AG received an award for “SAP S/4HANA® Cloud Partner of the Year 2023” from SAP Germany. As part of the Diamond Initiative, SAP Germany honors strong partners that impress with outstanding performance in specific categories. In addition to the award, NTT DATA Business Solutions was also named a Focus Partner in four relevant sales areas in Germany: Process & Life Sciences Industries, Discrete Manufacturing & Automotive, Digital Supply Chain, and Intelligent Spend & Business Network.

Norbert Rotter, CEO of NTT DATA Business Solutions, commented: “We are delighted to have received this award from SAP Germany. It confirms our strong position in the cloud business in the country. I am proud that our German business unit was able to impress SAP not only with strong sales figures but also with expertise and innovative strength. We will continue to invest in this seminal area to help our customers realize a successful transformation, transitioning into the cloud.”

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Andreas Pauls, Executive Vice President and Regional Head DACH of NTT DATA Business Solutions, added: “To us, receiving this award is an achievement clearly based on team effort. Every day, our colleagues devise, market, and implement value adding SAP solutions for our customers, which come predominantly from the SME sector. We are thus continuously expanding our role as an SAP partner.”

The award underlines the importance of NTT DATA Business Solutions’ partnership with SAP, which goes back decades. In the course of the Diamond Initiative, awards are given to partners that have been particularly effective in developing and expanding their collaboration with SAP Germany and that have advanced the digital transformation of customers with a view to the future. The initiative, which SAP Germany started in 2019, is based on an assessment model developed by SAP under the name “Diamond Model”, where five performance dimensions are considered: innovation, expertise, solutions, demand generation, and joint partner revenue in industry-specific projects.

Read More: 4 Strategies to Increase Video Messaging During the Sales Process

Write in to psen@itechseries.com to learn more about our exclusive editorial packages and programs.

10 B2B Sales and Marketing Misconceptions

As the pandemic set in, B2B marketers and sales teams relaunched themselves to make changes in their processes and strategies. The B2B landscape has transformed a lot and 7 in 10 salespeople report that they are now handling most of their lead cycles virtually. The rapid changes and evolutions have also paved the way for many misconceptions that need to be busted to address the problems that arise. Dig in!

10 Common B2B Myths Explained and Exposed

There’s a big misconception throughout the marketing and sales community that the ROI of social media s difficult to measure. However, the reality is that it no longer is. If follows and likes can’t lead to any conversions, then they are meaningless. This was just one of the many misconceptions that hover around the B2B sector. Let’s walk you through many others and unmask the truth behind them.

1. Creativity has no use in B2B Marketing and sales

B2B marketing and B2B sales involves encountering customers in a work environment, thus, they feel that content must be crafted in a boring and formal manner. While providing valuable details about your product, you can incorporate some fun and creativity and evoke more favourable responses from the customers.

2. The B2B market is solely about reaching businesses

B2B, this term directly makes a reference to a scenario where businesses sell to businesses. Nonetheless, marketers and sales teams must keep in mind that within every business, it is people that seek business and make decisions to shop from you. While trying to reach the business employees, it is also crucial to reach their potential customers. That’s because some firms will be compelled to deploy your product or service only for the reason that their customers are demanding or requesting it.

 3. B2B marketing/sales and B2C marketing/sales are poles apart

The truth is that both B2B marketing and B2C marketing and sales have similar objectives and target people, thus, many times similar tactics go well together. The tactics like evoking an emotional response in a customer and gaining their attention are crucial for B2C as well as B2B marketing equally. The primary goal of marketing in any business is to build loyalty, improve sales, and create awareness.

4. Old B2B marketing and sales tactics are useless now

Outmoded B2B tactics when used in tandem with new-school marketing and sales strategies help a business stand out from its competition. With the prevalence of mobile and social media developments and digital marketing, many individuals have started to neglect the tried-and-tested approaches. The best practice is to deploy pre-existing marketing regimes, update them according to the need of the times, and render them useful to the target audience.

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5. B2B businesses don’t require an active social media presence

If you are still ignoring social media to grow your business, then, you are missing out on a lot. Social media is a great lever that can help companies gain compelling insights for business and build reliable relationships. B2B marketers must keep in mind that social media isn’t just about Twitter and Facebook. Businesses can rely on LinkedIn and Google’s G+ Network to connect with other businesses in the industry.

6. B2B marketing is done as soon as the sale is made

Creating loyal customers who promote and advocate the brand is the ultimate goal of marketing while making a sale is only a piece of a puzzle. And that’s what you fail to do when acting fast after the sale has been made and confirmed and moving to the next client. Even after closing the initial deal and bagging a client for sales in the future, it is crucial and recommended to continue offering great customer service and valuable content.

7. Fans on social media are qualified leads

Instead of considering social media fans and following to measure the conversions, one must rely on loyalty metrics and monitor conversions to gain a better insight into your business’s performance. A new fan or follower never means that they have purchased your product or have the intention to do so in the near future. More credible metrics are loyalty and conversions which can be effectively tracked with proper tools.

8. Most B2B firms prefer one-on-one interactions

This is not the case. About two-thirds of corporate clients reach for remote in-person or digital engagement when provided a choice. In addition to this, they prefer the same at every phase of the shopping journey. e-Commerce has effectively surpassed face-to-face interactions as the most effectual mode.

9. B2B buyers do buy into emotion

Modern B2B customers expect sellers to offer quality educational information online before they proceed to sign the order contract. A piece of poor information can sour a relationship between you and your customer. Remember, B2B businesses sell to people, thus, the emotional component of the interaction is highly crucial.

10. A robust brand overcomes an ineffective sales process

A strong B2B brand is of high importance as it can easily help you get on the shortlist. However, not reacting to new sales opportunities fast can even depress the response your familiar logo triggers. Many B2B companies like Paychex and LinkedIn have proved that B2B firms can pop out of the blue and gain the lion’s share of the market with little advertising.

Countless B2B sales continue to take the above-mentioned myths as ultimate truths and thus, make strategies accordingly. Here, one must know that businesses that have recognized the hollowness of these falsehoods are gaining share and making customer-centric sales. They have better clues about what their customer expect and need and they can respond to them in a faster and more efficient way.

Read More: How Price Optimization Can Simplify the Complex in Enterprise Sales

SalesTechStar Interview with Scott Little, Chief Revenue Officer at WalkMe

Scott Little, Chief Revenue Officer at WalkMe discusses more on how B2B sales teams can maximize efficiencies across their selling cycles:

__________

Welcome to this SalesTechStar chat Scott, tell us about yourself and your role at WalkMe…

I’m a member of the executive leadership team here at WalkMe where I run sales in the go-to-market organization. I’m an engineer by training but have spent my entire 30 year career in sales. I spent my formative years at IBM and Oracle, and most recently I’ve been leading sales at smaller enterprise technology companies.

What do you feel about the state of the typical modern day B2B CRO? How are you seeing the role evolve in B2B?

The global economy has shifted dramatically in the last 6 months and so has the mandate of B2B CROs. When I joined WalkMe 7 months ago, the conversation with the board was all about how fast we can grow and what investments we need to make to ensure fast growth.

Now, that conversation is all about maximizing efficiency, even if that comes with slower growth. My fellow CROs at other organizations have shared that they are experiencing a similar shift in priorities and mission.

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Take us through some of your proven practices and revtech/salestech you have relied on over the years to drive growth goals?

I’ll speak to what I have the most experience with, which is in the enterprise software space and share my North Star best practice. You want to pick one of the many proven sales methodologies such as Sandler, value selling, MEDDIC, MEDDPIC, and so on. It doesn’t really matter which one you choose since the main difference is typically nomenclature. Pick one.

Then make sure that everyone in the company, not just people in the sales organization, understands the terminology  and process. The most important part is that you choose a solid sales methodology that you believe your company can consume. Make sure everyone from sales, marketing, professional services, customer success, engineering and beyond are speaking the same language and are wired to support that methodological approach.

With all the salestech choices available today, it is important for sellers to keep certain things in mind to keep building successful selling cycles. Take us through a few ways you drive this closer to home at WalkMe?

It’s critically important to understand that all the sales tech available in and of itself can overwhelm a seller and a sales organization. If you’re not careful, the volume of sales tech deployed can really distract the seller with context switching between point solutions in the sales process, from actually delivering the opportunity to the business.

I recommend limiting the number of times a seller needs to context switch and then augment the seller’s experience with solid people-based automation technologies. Both of these together can give sellers an experience using enterprise sales tools that is more akin to the experience of using consumer-facing apps like Netflix and Uber.

After all, sales tech was designed to help sales professionals do their jobs better, faster, and with more ease, so using these tools should not take them away from actually selling and reaching their goals. Regardless of how sophisticated and complex the technology is, the user experience really needs to be easy and straightforward.

Read More: How Price Optimization Can Simplify the Complex in Enterprise Sales

How can sales teams today build more data driven processes at scale without compromising on value or customer need? 

The key is to utilize the right technologies fully. As mentioned, there is so much sales tech out there, but if these technologies aren’t implemented and adopted correctly, navigating these technologies can dominate a seller’s day to day.

Instead of an increase in productivity, the reality is too often digital friction – an abundance of complex digital workflows and administrative tasks that ultimately weighs down on both the seller’s experience and value for the customer.

When digital friction hits a boiling point, software paralysis takes hold. Oftentimes, sellers revert to using minimal app features, delay tasks, or avoid them altogether. The consequence is wasted time, lost opportunities, protracted sales cycles, frustrated sellers, and failure to realize ROI on software investments.

The right digital adoption platform (DAP) can provide sellers with custom guidance and automation and actually pinpoint and resolve these digital friction points across a tech stack. The result is a better user experience for the seller along with increased productivity, better forecasting accuracy, and margins.

In order to build more data-driven processes at scale, sales leaders first need to understand how work gets done by discovering how sellers use the software available to them and where they struggle. Only then can they use data insights to improve the process.

Can you highlight more about the future of B2B sales and salestech and how you feel this market will shape up?

It is no surprise that we have witnessed dramatic changes to B2B sales in the past few years. The shift to virtual selling brought on by the pandemic has made the selling process more challenging. We are now seeing more of the traditional in-person relationship building aspects of selling coming back, but there is no denying that the process has changed and is largely virtual with many organizations only interacting with sales executives virtually. Another interesting change is that there tends to be more stakeholders involved in the virtual selling process, which also makes selling harder since you have to sell to more people.

These changes have also highlighted the importance of using the digital tools at your disposal in the most frictionless way. In the face of the additional challenges of virtual B2B selling, the future is first and foremost about making sure you are really efficient and successful in a primarily virtual selling process. And to do that, you certainly want to be using all of the tools at your disposal.

Moreover, I believe that the build up of sales technologies at large organizations has reached a tipping point in which we will see sales organizations becoming more rep-centric in their approach and focusing on optimizing what they already have rather than buying new sales tech. The crippling effects of digital friction run rampant throughout many sale cycles along with the increased pressure on businesses to cut back on budget are fueling this trend. Despite the volatility in many industries, investing in the seller experience is always a good investment, one that will pay dividends across the business.

We’ve already seen tremendous innovation in sales, harnessing actionable data, automation, and AI, now we’re going to see a focus on the user experience of the seller as they navigate the digital sales jungle.

WalkMe Announces WalkMe Embedded for Revenue Teams on Salesforce AppExchange, the World's Leading Enterprise Cloud Marketplace

WalkMe pioneered the Digital Adoption Platform (DAP) to simplify user experiences by combining insights, engagement, guidance and automation capabilities. Founded in 2011, WalkMe’s mission is to make digital adoption for employees and customers simple, while increasing enterprise productivity.

Scott Little is the Chief Revenue Officer (CRO) at WalkMe, where he is responsible for scaling WalkMe’s enterprise sales efforts, including international expansion and national, state, and local government initiatives. Scott joined WalkMe from Software AG, where he served as Senior Vice President of the Americas before assuming the role of CRO. As CRO, he led global sales, sales operations, alliances and channels, driving revenue growth around the company’s digital business and shift to SaaS. Prior to Software AG, he served in senior sales roles with Sigga Workforce Technologies, AVEVA, Commvault, and Oracle, where he spent nearly two decades. Scott holds a Bachelor of Science degree in Electrical Engineering from Texas A&M University.

Missed The Latest Episode of The SalesStar Podcast? Have a quick listen here!

Episode 157: Inventory Optimization and Its Impact on Supply Chains with Richard Lebovitz, President and CEO, LeanDNA

 

Episode 156: Purpose-led Advertising Fundamentals with Julia Hitchman, Chief Commercial Officer at Good-Loop

 Episode 155: How Employee Recognition Programs Can Keep Salespeople on Their Toes: with Kevin Yip, Co-founder and President of Blueboard