Telemarketing is one of the most potent tools in the hands of business executives. Selecting the most effective process in taking it from planning to execution is critical to its success. Telesales works to make a brand more visible and has a very positive impact on the growth of new businesses in particular. It also leads to more sale conversions and supports market surveys that collect data to help businesses improve customers experience and relationship with them.
Businesses can take advantage of telemarketing by eliminating associated issues that take away from its effectiveness. To do that, executives should weigh the pros and cons of developing an in-house telemarketing call center versus outsourcing to an external service provider. Studies indicate that contracting out telesales is cheaper and more efficient as compared to developing expertise within the company.
Internal or third party telemarketing pros and cons
Every company that is looking to add a new capability to its business is faced with the choice of developing skills within the company or outsourcing. When it comes to telemarketing, the answer can be gleaned from this question Will it help you reach your business goals by supporting your core competencies or not? If yes, you should build an internal team. For all other reasons, outsourcing is the way to go.
Developing telemarketing skills is not a trivial undertaking. It demands time and money, employing and preparing personnel, installing equipment, and keeping current with laws and news. Instead of spending money, time and effort on areas that are not part of your core business goals you can use a ready-made solution from external telesales companies. They work as well as in-house services (or better) and promise faster returns on investment.
Telemarketing services outsourcing boosts growth
Telemarketing services can turbo charge the growth of businesses and the adoption of their goods and services by:
Cutting down the time to market: The time to market is a crucial aspect in taking advantage of up-and-coming market opportunities. Be it a new business or product, outsourced telemarketing services gets the message to the market without losing any time in recruiting and training staff. Lowering time to market leads to better sales and more clients for the business.
Scaling up or down as per demand: Many businesses see fluctuations in sales and demand. Instead of constantly having to increasing and cutting down in-house telesales employees to match requirements, you can contract out telemarketing services. As external services work for more than one client, surplus personnel are moved to other projects till required again.
Allowing organization to focus on core business goals: Product releases involve issues that need managements instant consideration. By delegating telemarketing to an external agency, management is free to troubleshoot issues without distractions.
Providing skills and hardware support: Outsourced telemarketing services are expert organizations. They hire expert staff and use latest technology and equipment to deliver results for your business. Leveraging their resources is more economical than taking on the expenses of acquiring tools and training employees on procedures and skills.
Maximizing ROI: With outsourced telemarketing services, businesses can keep a cap on fixed costs and maximize returns.
Limiting legal liability: The telemarketing industry is governed by state and federal laws that are often changed and vary across states. Service companies keep staff abreast with relevant changes in rules and regulations and protect your business from possible litigation. For an in-house service, this is an arduous job that not only wastes an employees productive time but is also unrelated to the goals of the business.
Outsourcing or in-house development is a difficult decision that confronts business executives many times for a lot of reasons cost cutting, rapid business growth, expansion, etc. In the case of telemarketing, outsourcing clearly has great benefits.?
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Comparing and contrasting an in-house and outsourced telemarketing call centre is one of the best ways to know which is better from the other one. But this time, the author has a strong conviction that outsourcing a reliable contact centre produces more beneficial results than operating on-site for Australian companies. And I could not agree more. The lists of rewards enumerated above are proof that companies can earn more by paying less.
We do not undermine doing b2b lead generation and b2b appointment setting on your own. If you have the resources and the capacity, then greenlight the project. But, reality check states that expenses are greatly reduced and volumes of profits can be harvested with outsourcing. Try one now by choosing a reputable outbound call centre.
This entry was posted on Saturday, February 18th, 2012 at 10:49 pm and is filed under Web Resources. You can follow any comments to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback. business, business executives, call, centre, Equipment, outsourced telemarketing, Staff, Telemarketing call center, telemarketing services
Source: http://www.acec2006.info/outsource-telemarketing-call-center-or-develop-competence-in-house/
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