How machine tools manufacturers can boost their sales

Machine tool manufacturers are currently driving sales, revenue and growth with automation technology. With the need to manage multiple leads for different products like Hone’s, Broaching machines and more, CRM software with advanced automation and data management features has now become a must for machine tool manufacturers.

How is the machine tool market growing?

The machine tool market is estimated to be valued at $130.29 billion by the year 2029, growing at a CAGR rate of 5.40% between 2022 – 2029, shared by Dixit. This growth suggests the demand for machine tools will also grow, bringing in an influx of demand for businesses to handle. 

The challenges of handling excessive demand

Machine tool manufacturers are currently finding it challenging to handle high demand due to the large quantities of leads that must be handled, followed up with and nurtured. Manual lead management can result in:

• Missed follow-ups
• Inaccurate lead tracking
• Difficulties prioritising high-value leads
• Unaligned sales team
• Slow lead response times

These challenges can all be solved by adopting a CRM with advanced automation features like TEB Apps.

How TEB Apps automation streamlines lead management

Currently, there are manufacturing businesses all around the world using TEB Apps lead management features to maximise their lead conversions and generate more revenue. With TEB Apps you will:

1. Automate lead follow-up reminders – Avoid the chance of missing a lead with automated lead follow-up reminders.
2. Centralise lead data – Centralise all your lead data to easily track lead progression, pinpoint your most valuable lead sources and view how many leads are for each machine tool item.
3. Prioritise high-value leads – With customisable workflows and lead scoring you can track what leads are currently progressing well through your sales pipeline to prioritise winning deals.
4. Align your sales team – Fully align your sales team with action assigning, near real-time team tracking and the ability to pin notes and documents to lead profiles to share information.
5. Drive your lead response time – With automatic lead assigning through AI to ensure the lead gets to the right person, you will be able to drive your lead response time to boost conversions.

Make quote creation for machine tools easy

Quote creation is a crucial part of the sales process, and if human error occurs here it can be costly. Osmoscloud shares that it is reported to take up to 40 minutes to create a quote manually, but this can be done in seconds with TEB Apps.

Make your quote creation easy with TEB Apps:

1. Automatic quote creation – Create a quote automatically with custom quote templates
2. Make pricing easy – With specification, volumetric and bundle pricing options, you can make pricing quick and easy
3. Centralise your quote data – View all of your quotes in a centralised funnel view to easily track how different quotes are progressing.
4. Customise your quote workflow – Customise your quote workflow to match your creation and management sign-off process.
5. Create multiple terms and conditions – Create multiple terms and conditions for different items and customers.
6. Track your stock – When creating quotes and completing orders, track your stock in real-time to stay on top of transactions.

Step into the future with TEB Apps

Step into the future and drive your business growth with TEB Apps. Book a demo at a time that suits you and get a full breakdown of how TEB Apps will help you maximise lead conversions, boost revenue and accelerate growth with advanced, powerful automation.