Part of the selling process is making sales quotations in order to attract new customers, generate new sales, and also work with existing clients who are either looking to make entirely new orders or rework terms of an existing contract. For pressure switch manufacturers, sales quotations have to be accurate, cover all the necessary costs, and have terms and conditions that meet the legal requirements and standards for the part of the world they are selling in. In today’s article we are looking at the current condition of the pressure switch manufacturing industry, the challenges of creating sales quotations, and what sales quotation software can help provide a useful solution.
The pressure switch market has been seeing consistent growth in the last few years and according to Future Market Insights, has an estimated current value of $2.1 billion (USD) which is expected to increase at a CAGR of 5.1% between 2024 and 2034 to reach an expected value of $3.5 billion (USD).
Key demographics within the industry include:
The market is extremely competitive, especially as new standards and drives towards sustainability are generating an influx of clients who are looking to bring their systems up to new code.
In order to handle these opportunities, many pressure switch manufacturers are looking at streamlining and automating their sales processes. This has involved bringing in tools such as Artificial Intelligence (AI), comprehensive Business Process Automation (BPA) and making use of flexible Customer Relationship Management (CRM) software that is capable of integrating with their upgraded processes.
Making the most of every opportunity means that you know what your sales processes are, and ensuring they are working in the most efficient manner possible. From lead acquisition through to after-sales follow up, you need to have a process that works for you and your customers. With TEB Apps, you can stay on top of your lead activity and ensure that your sales quotations are not only in-line with your procedures, but also meet your legal obligations and have been checked against your stock levels to ensure you have the materials to complete manufacture and delivery.
Manufacturing businesses have to be on top of their game in order to make sales, keep customers, and ensure they are capable of competing for highly valuable contracts.
Creating sales quotes quickly and accurately, whilst still covering your data protection and legal obligations is not always easy, and can be negatively impacted by:
When you look at sales quotation solutions, you might find that a selection of different tools that work together provides you with a more complete solution that meets your needs.
When examining your software, consider at a minimum:
Sales quotation software might seem like a software that would be nice to have, but not an essential, and you might wonder if it is worth the hype – but there are clear and actionable benefits that come from using the right sales quotation solution.
These may vary depending on the size and scale of your business, but may include:
The beauty of TEB is that it does not just provide you with one element of your digital transformation, the TEB Apps platform covers your needs from CRM activities and team management, to billing and returns, as well as stock management and customer development.
Using TEB for your sales quotation software means that you benefit from a full suite of products and services as well as:
Take the pressure off your team by providing them with sales quotation software and high-quality tools that make the most of your resources and drive your sales to their peak. Book a demo today, and our experts will help you determine the best solutions to grow your business and its bottom line.
