10 Sales Tactics for Software Companies in 2024

1 year ago 4 minute read
Sales Tactics for Software Companies

If you want to enhance your sales tactics this year, you’re in the right place. In today’s competitive market, selling software effectively is essential for business growth and success. Whether you’re a seasoned sales professional or an aspiring entrepreneur, this blog post is the ticket to achieving software sales success. Keep reading to learn more about our top 10 sales tactics for software companies this year and beyond.

1. Build a Strong Online Presence

In today’s digital world, having a strong online presence is essential for software companies. As a salesperson, you can take advantage of what social media can do. Without a doubt, LinkedIn is the best channel to do this. Since you can showcase your expertise, engage with prospects, and establish credibility in the industry. You can engage with your followers through discussions, commenting on their posts, commenting on your business page, and more. This will help to get your name out there and in front of a larger audience.

2. Nurture Relationships with Current Customers

One of the best ways to generate more leads is to nurture relationships with your current customers. This may surprise you, but it can help extend your customer’s lifetime value. Plus, they may be able to send more leads your way. Follow up with your current customers every so often and connect with them on LinkedIn to stay in touch. Here at Visitor Queue, we offer our current clients a referral program. Here, our clients can refer others to earn recurring revenue. It’s a win-win for both parties and get high-quality leads.

3. Identify Your Website Visitors

While salespeople are not always involved in website lead generation, or other marketing-qualified leads, it might be time to get involved! By identifying your website visitors, you can see who is interested in what you have to offer. Then, reach out to them to try to convert them into paying customers. And, with the help of Visitor Queue, identifying your website visitors just got a whole lot easier. With the help of a unique form of IP address reversal, you can identify the companies that visit your website. Along with how they got to your website, the pages they visit, and how long they spend on each page. When a new company visits your website, you can get automatic emails or Slack messages with their contact information to help you reach out to them. Try Visitor Queue today for free and start generating 20% more revenue!

Visitor Queue Dashboard

4. Collaborate with Marketing for Sales Enablement

There is a common challenge that we see among sales and marketing teams. It’s that they don’t work together to achieve the same goals. While both teams are trying to generate revenue, they may not be sending the same message to prospects. It can be helpful for sales and marketing teams to have a monthly meeting. This will help to ensure you are on the same page. If you find that your marketing and sales teams have tension between them, take a look at our article 8 Ways to Resolve Conflict Between Your Sales and Marketing Teams. In addition, sales enablement tools like CRMs can help equip your sales team with the best resources to engage with your sales prospects and close more deals. 

5. Check Out Your Competitors

To excel in software sales, it’s essential to have a thorough understanding of the other tools and resources on the market. Regularly check on your competitors to identify your strengths and differentiators. Then, you can highlight unique features and benefits that your own software offers, that set you apart from the competition. You can leverage this information when pitching your software to potential clients. Additionally, keep a close eye on market trends, emerging technologies, and industry news. This can help enable you to position your software effectively, anticipate customer needs, and adapt your sales approach accordingly.

We enable B2B companies to identify the anonymous businesses that visit their website and personalize their experience. Your sales team can now follow up with the visitors that don’t convert, while marketing can personalize your website based on firmographic information to drive up conversion rate. Start your 14-day free trial today!

6. Leverage New Technologies

The software industry is constantly evolving. As a result, one of the top sales tactics for software companies is to leverage technology and stay on top of trends. Find out what software your competitors use, and what complimentary software use, and see how you can improve. As an example, we have seen a boom in companies leveraging AI in the last few years. We have seen companies use AI to improve business processes and release AI features of their own software so they can show their clients how they are staying ahead of the curve.

AI-Generated Content

7. Address Objections Effectively

Objections are an inevitable part of the sales process, whether you are in software sales or not. Instead of viewing objections as roadblocks, you should try to see them as an opportunity to address concerns and build trust. You can anticipate common objections and develop persuasive responses that overcome these hurdles. For example, if a prospect raises a concern about data security when they are considering your software, share case studies or testimonials that demonstrate your commitment to security measures. By addressing their concerns and providing evidence to support your claims, you instill confidence.

8. Take Advantage Of Case Studies

I touched on using case studies and testimonials earlier, and how beneficial they are if your clients have any concerns about using your software. There’s one thing about you telling your prospect not to worry about something, and another thing about having one of your clients say they are content. This kind of social proof can help you prove your points, and show that your prospect will be happy using your software. If you are looking to create more customer case studies, check out otrillo. otrillo can help you create case studies, both video and written, in minutes. 

What does otrillo do?

9. Develop Industry-Specific Solutions

Tailoring your software solutions to address the specific needs and challenges of different industries can help you convert leads into sales faster. It can be helpful to partner with industry experts to understand common pain points and requirements of certain sectors. By positioning your software as an industry-specific solution can enhance its appeal and marketability. Plus, if your software becomes well-known in certain industries, other companies will begin to seek you out. 

10. Attend Trade Shows

Trade shows are a unique way to connect with prospects and showcase your software solutions. It can provide a platform to demonstrate the features and benefits of your software in person, answer questions, and address objections directly. Additionally, trade shows offer networking opportunities, which can enable you to connect with industry professionals, partners, and potential collaborators. By maximizing your presence at trade shows through captivating booth designs, engaging presentations, and well-trained sales teams, you can generate an impressive number of leads. If you want to learn more about trade show marketing take a look at Trade Show Marketing: A Complete How-To Guide.

Best Marketing Trade Shows You Need to Attend

Where Do I Start?

Unfortunately, there is no one size fits all sales tactic for software companies. Every software company will have different goals, skill levels, target clients, and other considerations. If you’re not sure how or where to get started, sit down with your marketing team to find out what they are doing to generate leads, and learn how your sales team can complement their efforts. You might find out that they are using a CRM, lead generation software, or other tools that your sales team can take advantage of. Once your marketing and sales teams are on the same page, you can go from there to decide what steps to take.

Closing Statements

We all know that coming up with sales tactics for software companies is not easy. Hopefully, you were able to find a sales tactic or two in this article that you can see yourself adding to your sales arsenal. While it is difficult, try to stay on top of trends and find out what your prospects are looking to get out of your software. As always, if you have any questions about using Visitor Queue to generate leads, do not hesitate to contact us.

While you're here!

98% of your website visitors leave without converting. Visitor Queue allows you to identify who they were, and personalize their website experience based on their needs. Your sales team can now connect with them to close the deal, while marketing can provide a personalized version of your website based on visitor firmographics to increase conversion rate. All of this starting at $39 USD per month. Start your 14-day free trial now!

Written by

Taylor Hamilton

I am the Marketing Coordinator at Visitor Queue, overseeing the implementation of both traditional and digital marketing efforts. I love spending my spare time outside with my dog Peach! I am a firm believer that there are no secrets to success, only preparation, hard work, and learning from failure.