24 Mar Sales Methodology vs Sales Process in Dynamics 365
There are some important differences between the sales process and sales methodology. We examine what these differences are and how these differences effect the value sales teams can get from using Microsoft Dynamics.
Sales Process vs Sales Methodology
A sales process is a set of sales stages. Within the stages are fields that act as quality gates. Quality gates are reminders of tasks sales must complete before they move to the next stage. The stages in the standard Dynamics 365 sales process are Qualify, Develop, Propose, Close. The Steps are useful for sales leaders to assess the sales pipeline. Displaying the pipeline by stage infers the timescales and likelihood of closing. Applying a Sales processes helps to instil some best practise discipline but does little to help with more complex sales.
A sales methodology is an approach that is suited to complex sales. It provides a structured framework for sales rep and managers to review the many variables of the sales cycle. A sales methodology assumes a non – linear route to sales success. It brings clarity and order to a complex situation and is used to determine a set of clear objectives and tasks.
Sales Process within Dynamics 365
The Opportunity entity comes out of the box with Microsoft’s standard sales process bar. Through some simple customisation you can produce a sales process that can be fit for purpose for any organisation.
The standard process bar in Dynamics 365 consists of four steps:
Qualify, Develop, Propose and Close.
The red dot denotes the stage you are on when you click on the target you are presented with a set of tasks that act as quality gates.
In the Image (left) shows the Qualify tasks, the sales rep needs to fill in various qualification fields before they can move on to the next Stage.
e.g. you must provide a “purchase order number”, or “Have you attached the signed contract” etc.
Sales Methodology in Dynamics 365
Dynamics 365 has very little that helps sales reps and sales managers in terms of a sales methodology. There are fields that can be created that can be used for simple qualification, there is also stakeholder and competitor grids but these are too simple to be worth using.
CRM Dynamics Ltd has developed an add-on solution that helps organisations apply any methodology. The solution comes with its own pre-set methodology but this can be modified to suit your specific needs. The system comes with the following:
The solution is called sales coach as it provides a useful coaching tool to be used by sales and sales managers. Opportunity snap shots can be created following a joint review so that progress can be seen.
If you can apply the sales process alongside sales methodology then you have a very robust implementation of Dynamics 365.