May 12th, 2022

The Benefits of Doing Data-Driven Telemarketing

The use of data has transformed telemarketing businesses. Not only big streamlined call centers base their decisions on data nowadays.
CSO @Adversus

Small contact centers are increasingly opening their eyes to the many advantages of processing, analyzing and utilizing data. Learn more about how to activate data.

When we mention data in a call center, it encompasses everything from basic statistics on the number of calls received during a workday to even details like the shoe size of potential customers.

Managing data in a call center is a crucial aspect of operations. Practically, data can encompass a wide range of information, from call volume metrics for specific time periods to more intricate details about customer behavior. Without a proper structure and strategy, this data overload can become overwhelming.

To address this challenge, software solutions play a pivotal role in helping call centers segment and organize data effectively. In this article, we'll take a step back and discuss the significance of data in general. We'll explore the various types of data that can be valuable in a call center setting and how to utilize it efficiently.

Moreover, the article will shed light on the advantages of employing call center software to maintain well-structured data and automate the activation process. Leveraging technology to manage data ensures that call centers can operate smoothly, make data-driven decisions, and ultimately enhance overall efficiency and customer service.

 


How can I get call center data?

The primary data collection method is usually through the software solution used to call leads. However, manual data collection is also possible, where information is manually gathered and organized in a spreadsheet. Nevertheless, manual data collection is time-consuming and prone to errors. On the other hand, automatically gathered data is more convenient to process and filter, making it a preferable option.

Quantitative vs. qualitative data in call centers

Quantitative data is the most straightforward to handle, but to harness its potential in telemarketing, you need a substantial amount. Otherwise, you may end up making decisions based on assumptions.

The beauty of quantitative data lies in its versatility. Once you identify the most suitable structure for your business, you can automate certain tasks and work more efficiently.

On the other hand, qualitative data can be trickier as it often relates to specific situations, customers, or agents. However, with the right tools, you can still glean valuable insights from qualitative data. We'll delve into that further.

In essence, data tracking offers a unique opportunity to delve into your performance, making it easier to optimize outreach strategies and ensure compliance, ultimately enhancing your overall efficiency and effectiveness in telemarketing.

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Activate Your Data

Indeed, data-driven decision-making has become a prevalent approach for most companies. However, being data-driven goes beyond just collecting data; it requires effectively activating that data. The smoother the activation process, the more efficiently a company can leverage its full potential.

This is where call center software proves valuable. With such software, you can easily filter and segment various data types. Some solutions even offer trigger-based activation, enabling actions like automatically adding leads to specific campaigns based on the outcome of a phone call.

By leveraging call center software to activate and utilize data effectively, companies can make more informed decisions, enhance operations, and achieve better outcomes in their endeavors.

Keep it all together

Both your sales and marketing teams can reap significant benefits by understanding which campaigns are performing the best. And the simplest and most effective way to achieve this is through data tracking. Keeping all activities in one system streamlines the process and provides a comprehensive view of performance.

Your call center software solution serves as more than just a repository for lead information. It's a powerful tool for enriching lead data and monitoring all interactions with each prospect. This means you can make informed decisions based on detailed data, leading to smarter business strategies and optimizing your time and resources.

Which kind of data can be helpful for you in a call center?

I will briefly brush up on how a typical software setup can help you at the end of this article. But to begin with, let's go through different kinds of data relevant to focus on.

#1 Use data on the existing customers 

Leveraging data from existing customers can be a game-changer in predicting prospects' reactions to your products and identifying those most likely to make a purchase. By crafting your sales strategy around this valuable data, you can pinpoint which customer profiles should take precedence.

The key lies in creating well-defined customer profiles based on your findings and then segmenting your leads into tailored campaigns. Once your campaigns are set, your agents can focus on reaching out to prospects that closely match your primary customer profiles.

By using this data-driven approach, you'll streamline your sales efforts, optimize your resources, and increase the likelihood of connecting with prospects who are most likely to convert. It's all about making informed decisions to drive success in your sales endeavors.

#2 Register all data on calls made through the dialer

The data gathered from calls made through your dialer is a goldmine, providing crucial insights on timing and where to focus your sales efforts. Every call made through the dialer is registered, capturing valuable information such as call hang-ups, reaching answering machines, prospects showing interest but not yet ready to buy, successful sales, and more.

This data is highly valuable in guiding your ongoing sales process. It offers insights on how to proceed strategically.

For instance, if multiple attempts to reach a prospect result in no response, focusing efforts elsewhere might be more productive. Alternatively, the data may reveal that calling at specific times of the day, week, or month yields higher success rates.

Moreover, this data plays a significant role in defining your Key Performance Indicators (KPIs). With well-established KPIs, you'll know when to adjust and refine your sales strategy. The data from your dialer holds the key to optimizing your sales approach and achieving greater sales outcomes.

#3 Get to know your weaknesses during conversations

In many call centers, it's common practice to record conversations for educational purposes to improve sales techniques. Analyzing these call recordings can offer valuable insights by identifying both strengths and weaknesses in your sales approach.

This data normally falls into the category of qualitative data, allowing you to delve into the details and fine-tune aspects like call center scripts.

When dealing with a substantial volume of call recordings, using speech recognition technology can take your analysis to the next level. By leveraging AI, you can quantify your data, and thereby more efficiently pinpoint the most critical parts of conversations, help identify effective phrases and the right tone of voice to use, enhancing communication with customers. 

Moreover, speech recognition can automate your quality assurance process, swiftly detecting any compliance issues. 

#4 Collect data on your agents' performance

Monitoring your agents' performance is essential for your business.

It allows you to understand the reasons behind excellent or lacking performance. Without measurement, you'll remain unaware and miss out on opportunities to refine your sales strategy or provide additional training to improve your agents' sales skills.

By implementing a measurement system, you gain a clearer understanding of the factors contributing to successful deal closures and how to optimize each agent's performance for better results.

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#5 Dig into sales statistics and get an overview of your earnings

Indeed, by assessing the effort invested in selling relative to the resulting profits, you establish a solid foundation for predicting your revenue. This analysis provides valuable insights into your business's financial outlook, allowing you to understand how much potential revenue can be generated by scaling up your operations.

By evaluating the relationship between effort and profits, you gain a clearer picture of the growth opportunities available and can make informed decisions to maximize your earnings.

#6 Make follow-ups and reuse leads based on logged data

Maintaining a record of each lead's history brings several advantages. It facilitates seamless follow-ups, enables additional sales opportunities, and allows you to recycle leads when fresh ones are scarce. Implementing automation rules streamlines this process, triggering notifications based on historical data whenever it's time to reconnect with leads or present special offers.

Furthermore, creating a customer journey in your system ensures leads are automatically included in new campaigns or contacted through SMS or email. This automated approach optimizes lead management, maximizes engagement, and enhances the overall efficiency of your sales and marketing efforts.

#7 Enrich your leads

Gaining information about your leads simplifies the process of segmentation and enhances your sales potential. Having valuable prospect data at your disposal empowers you during the sales process, as you can leverage that information to make more targeted and effective pitches.

In the realm of B2B sales, integrating data from external sources into your CRM can be advantageous. Monitoring external events that may present sales opportunities can prove valuable in staying proactive and seizing favorable moments to engage potential clients. By staying informed about industry happenings, you can strategically position your sales efforts and increase your chances of success.

Some of the benefits of having call center software to manage and activate data

  • Having all information gathered in one system makes it easier to segment, organize and erase your leads.
  • Logging all activities in the same system makes it easier to do follow-ups. Also, you can avoid taking notes manually (time of contact, the conversation's outcome, etc.) because the system will log all data automatically.
  • It is easier to know where and when to strengthen your effort, and you can react instantly if something is off track.
  • It enriches existing data and heighten the chances of turning a lead into a customer.
  • You can track all agents' activities and see their performance, making it easier to evaluate, educate, and adjust.
  • It makes it possible to automate parts of your sales process.
 

Do you want to read more?

I have spoken about data in a recent blog post where I summed up some of the pitfalls when structuring your lead flow based on data. The idea is to get the most out of your lead pool by finding the sales potential in the leads you usually would put in the dumpster. If you need a few tips on optimizing your lead flow, I suggest you dig into this blog post as well.

 

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