A sales proposal must have the right look and feel to impress clients and instill confidence in the organization. It should include dynamic elements like images and videos. The proposal must also include a strong call-to-action at the end to push clients to the next step. Additionally, including digital signature options and embedding a payment feature can help close deals more quickly by streamlining the signing and payment processes. Paying attention to these essential elements can help improve proposal conversion rates and better position an organization to win deals.
3. An effective sales proposal could be the difference you are looking for in closing
a deal. You might have a great product, but to ensure it sells, you need a quality
sales proposal. A product sales proposal must ensure that the product benefits
and features are conveyed properly to the client and that too engagingly and
professionally.
So, what is a sales proposal? It is a document which an individual or an
organization uses to pitch their products to the target customers or clients.
It is unfortunate that most of the sales proposals fail to ascertain the client's
needs and requirements effectively. Statistics have stated that 90% of the sales
proposals do not lead to sales. Let us rather not focus on the negatives.
It is imperative to know what are the essentials which you must have in your
sales proposal. If you know, that's great. But, if not, this document is going to
pave the way for your knowledge on the same.
5. LOOK AND FEEL
What is the look and feel of a proposal document when you see it for the first
time? Is the appearance of the document polished and on-brand for the
business? Do dynamic elements like videos, images, or custom pricing tables
make their presence felt? Or does the proposal seem kind of cheap or janky?
A great sales proposal software should make the buyer feel like a million bucks.
Customers should not feel that they are reviewing a proposal from a bargain
basement firm.
Additionally, the proposal provided to them should successfully instill the
confidence that the organization they are about to do business with is
professional, smart, and motivated to drive results for them. A cheap and
shabby-looking proposal reflects very poorly on the quality level that your
organization provides.
Ensure that you end your sales proposal with a robust call-to-action statement.
If you are making use of a sales proposal generator, then it must have a call-to-
action button that directs the client to the next stage such as payment or
contract signing. It will ensure that the clients do not get much time to retract
the buying decision they have made or pause it for days or weeks to reconsider
it. A CTA tends to leave a psychological impact on the client's mind and nudges
them to take the appropriate action promptly.
CALL-TO-ACTION
6. Oftentimes, as witnessed through various studies, proposals are unsuccessful
in conversion merely due to the need for signatures. If the proposal requires
manual printing, signing, and scanning back to you, the probability is high that
the actual conversion will take days or weeks, and meanwhile the customers
might lose interest.
Hence, it is always suggested to consolidate a digital signature technology (one
of the prominent ones being DocuSign) in your proposals. It ensures that
clients can electronically sign the document.
DIGITAL SIGNATURE CHOICES
One important reason why proposals get stuck is payment. Oftentimes,
customers need to go through another step of logging onto the payment page
and make the payment once they have approved the quote or signed the
proposals. Anything is possible the moment client lifts their eye form your
proposal. They might even postpone the payment for some reasons. Despite
being close to conversion, you still did not close the deal. Therefore, if you
embed a payment feature into your proposals, you can ensure that clients can
access the payment page directly via a link or even better enter their credit card
details on the document itself.
PAYMENT FEATURE SHOULD BE EMBEDDED
7. CONCLUSION
It is believed that the document has served the purpose of enlightening the
readers about the important must-haves in the sales proposal. All you need to do
is take action, i.e., get associated with a truly top-notch eCommerce solution that
has great sales proposal software and can help you grow your business and win
you more and more deals.