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OfficeXpress is one of Europe's leading specialist
distributors of electronic office supplies offering a
full range of computer related consumables and
peripherals for all environments from the largest data
centre to the smallest office. Despite tough market
conditions the company has aggressive plans for growth
and has identified that improving telesales performance
is the key to achieving full potential.
The sales team at OfficeXpress face a number of
challenges including difficulties in identifying
drifting customers and add-on sales opportunities. In
order to address these problems OfficeXpress has now
invested in a company wide roll-out of VECTA Sales
Intelligence software after the first phase of the
project demonstrated an impressive return on investment
(ROI).
VECTA Sales Intelligence provides sales staff and
managers with a comprehensive view of all customer and
sales activities. The software monitors, analyses and
measures customer buying patterns and missed sales
opportunities. By highlighting such issues VECTA enables
sales professionals to better prepare for calls and turn
reactive selling into proactive calls. Ultimately
companies that deploy Sales Intelligence enjoy improved
gross margins, increased sales and higher levels of
customer retention.
"The decision to roll-out VECTA was driven by a
desire to stimulate sales growth through the
OfficeXpress direct telesales team and help the
management to direct sales strategy in line with company
profit objectives," explains OfficeXpress sales
director, Stephen O'Brien. "Our existing systems made it
difficult to spot missed sales opportunities. We started
using VECTA in one section of our telesales operation
and saw a significant improvement in the performance of
the VECTA users compared to those who were not using the
VECTA solution. We measured the increase in sales to
prove the business benefits that VECTA provided and were
delighted with the results."
Before VECTA, the members of sales force selected for
the first Phase of the VECTA roll-out had experienced a
decline in profit contribution during July-August of
9.51%. This compared to an increased profit during the
same period of 6.54% by the remainder of the sales team.
Following implementation, the situation was reversed.
"The contribution made by sales staff using VECTA
increased by 6.51%," explains O'Brien. "The non-VECTA
users' contribution declined by 7.79% over that same
period. The VECTA users clearly outperformed the
non-VECTA users, and I have no doubt that this was down
to the increase in proactive selling made possible by
VECTA."
OfficeXpress was also able to quantify the reduction
of drifting accounts. The company identified 460
customers that had reduced spending in the July-August
period when compared to the May-June period. During the
September-October period, £21,755 of additional profit
was regained from these accounts using VECTA Sales
Intelligence.
Daniel Preston was one of the OfficeXpress sales team
chosen as part of the first phase of the VECTA project.
"Daniel is considered to be one of the best VECTA users
and has achieved significant results," says O'Brien.
"Since adopting VECTA Daniel has increased his number of
monthly orders from 68 to 107 resulting in a £4,882
swing in profit performance in the September-October
period."
Preston attributes this uplift to the Sales
Intelligence gleaned from using VECTA: "VECTA shows me
exactly what I should be talking to my customers about.
This has helped me achieve additional sales into many of
my accounts."
Thanks to VECTA the management team at OfficeXpress
now has total visibility over sales performance and
opportunity. "Lost customers have been identified and
targeted and are now beginning to return," says O'Brien.
"The average monthly uplift in sales per VECTA user is
close to £1,000. This far outweighs the average monthly
cost per VECTA seat. We've seen net monthly gains of
more than £17,000."
The first phase of the project was an overwhelming
success and as a result OfficeXpress has rolled out
VECTA Sales Intelligence across the business. "VECTA has
had a very positive impact on the profit performance of
our sales team," says O'Brien. "This is largely due to
existing customers spending more as a direct result of
the more proactive and focussed sales approach that is
achieved with VECTA. The decision to deploy VECTA across
the entire sales team was an obvious one. The improved
sales performance has more than recovered the initial
investment."
"The decision to deploy VECTA across the entire sales
team was an obvious one. The improved sales performance
has more than recovered the initial investment."
Stephen O'Brien
Sales Director
OfficeXpress
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