2. Accelerating Sales (And Closing More Deals)
Time is money, especially in sales. The faster your sales team can close deals, the more revenue you can generate. Sales velocityโhow quickly leads move through your sales pipelineโis a metric that many organizations are focused on improving. Traditionally, companies have tried to increase sales velocity by boosting the number of sales, increasing deal sizes, improving win rates, or shortening sales cycles.
An LMS-CRM integration can further accelerate sales and shorten the sales cycle by providing key insights that can be used to tailor outreach efforts. By leveraging learning activity as a beacon, sales teams can more effectively identify prospects who are ready to move forward in their buyerโs journey.
Imagine the following scenario:
1. A contact, letโs call him John, fills out a form on your website or attends a webinar. This information is captured in your CRM.
2. Later, John enrolls in an online course, say โFacebook Advertising 101,โ offered through your LMS. Upon completing the course, this information is automatically fed into your CRM system.
Now, your sales team can view Johnโs learning activity and use it to inform their outreach strategy. Instead of sending a generic sales email that may or may not resonate, your sales rep can send a highly personalized email that directly addresses Johnโs newfound knowledge or challenges. For example:
This level of personalization, informed by the learner’s progress, significantly increases the likelihood that John will engage with the email, respond to your team, and move further down the sales funnel. The ability to tailor outreach based on learning behavior not only speeds up the sales process but also increases the chances of conversion.
In addition, an integrated CRM-LMS system provides valuable insights that can help refine your sales strategy. By analyzing which courses prospects engage with the most, you can identify areas where customers experience pain points and proactively address them. This enables your sales team to make more data-driven decisions, resulting in higher win rates and faster deal closures.