Outsourcing
Sales
Outsourced sales organizations, otherwise known
as Contract Sales Organizations or CSO's, have been
an attractive alternative or addition to companies
seeking a cost-effective route to launch a new product
or enhance sales of an existing product. The
decision to consider an outsourced salesforce
solution can yield many benefits including the following:
Rapid channel access –
By employing sales representatives with existing
contacts and industry-specific knowledge, outsourced
sales teams can quickly introduce or enhance a
product with the target customer.
Reduced investment of time and personnel
resources – Use of an outsourced
sales team may be a more cost-effective alternative
than a comparable in-house initiative; this also
reduces the strain on the sales support staff.
Allows the team to maintain focus on
core product line – A supplemental
sales team can focus on an underserved product
or product line, helping you to avoid dilution
of the message for your core products.
Mitigation of HR and financial risk
– Contracting with an outsourced sales organization
helps avoid long-term personnel commitments which
minimizes financial and HR risk.
Traditional sales
force companies – which are
commonly found in the pharmaceutical or life science
sectors – work primarily on a fee-for-service
model; "X" number of sales representatives
are contracted to work for "Y" number
of months for a set fee. Depending on what
is negotiated, an additional performance incentive
may be included, though this is usually a relatively
smaller portion of the total fee. At the
end of the contract, the outsourced sales team
is terminated or absorbed back into the outsourced
sales company to be reassigned to another project.
SalesForce4Hire offers a unique alternative to
these traditional outsourced sales or CSO’s.
Like a traditional contract sales organization,
we can recruit, hire and train representatives
with industry-specific knowledge and networks.
Unlike a CSO, our compensation is primarily performance-based;
the majority of our fees our based on our ability
to grow sales of the targeted product(s).
This reduces the initial investment of our customer.
This also ensures that we have an alignment of
interests. We don"t win until our customer
wins. As an additional contrast to traditional
CSO’s, at the end of the contract, usually
18-24 months, our sales teams are usually transferred
to the customer, at the discretion of the customer.
This model offers unparalleled flexibility, cost-savings
and mitigation of HR risk to the customer.
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