What Is Inside Sales? - YouTube

Channel: Patrick Dang

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- Inside sales has become more and more popular,
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especially with everything going on in the world now.
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People are finally discovering that actually,
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you don't have to meet someone in person.
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You can actually do everything online, remotely,
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and even from the comfort of your own home,
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as long as you got a computer and a phone.
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So in this video,
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I'm gonna show you exactly what inside sales is,
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how it works, the different mechanics of it,
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and what the difference is
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between working inside sales and going to an office
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versus inside sales, working from home.
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(soft music)
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What's going on everybody it's Patrick Dang here,
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before we go ahead and get started
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make sure to give this video a like,
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subscribe and turn on notifications
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if you wanna see more sales videos like this.
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Now, the first thing we gotta do
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is we wanna first define what inside sales is.
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So, the definition we are gonna use
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is inside sales is the B2B sales role
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where a person is selling a product or service
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remotely through the phone, email,
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and other online channels.
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Pretty much anything using the internet.
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Now, when I first started my career at Oracle,
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technically I started out as an inside sales rep.
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Now, important distinction to understand
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is that you can be an inside sales rep working at a company,
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going into the office every day,
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and that would be considered inside sales.
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And the reason is because you are actually selling
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mostly remotely, but you are required to go to an office.
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So, most of the time when I was at Oracle,
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I would be on my computer in the office every single day,
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on the phone or writing emails
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and trying to sell my products and services.
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And if it was an important client
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where we really wanted to meet them in person,
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occasionally we would fly out to the company
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we wanna work at and maybe pitch our product and service
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in a formal demo and presentation,
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but for the most part,
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most of the selling happened remotely.
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Now, the other end of the spectrum,
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where instead of going to the office every day
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and selling remotely,
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some companies may allow you to sell
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from the comfort of your own home.
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If they feel that you don't need the in-person training
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with everybody in the office.
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And that culture that comes with that,
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if you know what you're doing
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and you wanna work from home,
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there are also roles where you're an inside sales person,
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but you take all your calls and do all your meetings
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from anywhere you want, as long as you have internet.
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So, now that we understand exactly what inside sales is,
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in the two different ways it can work,
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then let's go ahead and put that side by side
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with outside sales, or also known as field sales.
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So, for an outside sales job,
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that's primarily a sales job
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where you're constantly on the road,
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or you're constantly outside,
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prospecting, looking for customers and closing deals.
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So, an example would be, let's say,
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if you are a real estate agent
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and how you get your customers is you go door to door,
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knocking on everyone's door,
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asking if they want to sell their home,
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or if they want to buy a home.
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And you knock on a hundred doors,
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maybe one person says they actually are looking
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to sell their home,
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Then there you got a prospect right there.
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So, in that situation, a lot of it is outside.
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You're literally outside of an office
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going to your customer and meeting face to face.
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This could be true for any type
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of where you're going door to door,
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selling, let's say a vacuum or car detailing,
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or pretty much anything that you can sell door to door,
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that would be outside sales or going company to company,
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and maybe you're bringing along product samples
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and things like that.
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And you're showing the person exactly what you got,
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and you wanna see whether or not they wanna buy.
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That would also be field sales as well.
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Now, when it comes to payment,
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both outside sales and inside sales can pay well,
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if you do well in either job, that's right,
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because for sales, the more you sell,
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the more money that you actually make.
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But obviously when it comes to which one's easier,
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in terms of physical endurance,
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obviously inside sales is a lot easier
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because you're inside an air conditioned room
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for the most part,
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and you're sending emails and you're on the phone
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and you don't have to physically do labor.
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It's more about how mentally strong you are
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and how good if you are at selling.
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But for outside sales,
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you have to be very good at selling obviously,
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and you have to have the physical endurance
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to go door to door, company to company,
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and actually try to pitch your product or service.
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So, which ones should you actually do?
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Really just depends on which one is more of your style,
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and which one you wanna do.
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Do you wanna be out in the field,
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talking to customers in person and going door to door,
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or do you wanna be inside sending cold emails
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and taking meetings over the phone?
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Now next, when it comes to inside sales,
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we're gonna be talking about that different type
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of sales roles within inside sales.
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So, sales is constantly evolving,
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and there are different roles popping up
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and it's becoming more and more specialized, right?
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So, the main ones that you have to know
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is basically sales development reps,
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also known as business development reps,
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and account executives and account managers.
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These are gonna be the three
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that typically you're gonna get the most exposure to
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as a beginner salesperson.
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Now, for a sales development rep
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and business development rep,
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you are inside,
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let's say inside a office or you're working from home,
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and all your job is,
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is to find people that your company may wanna work with,
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and you do outbound prospecting,
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meaning you send these people cold email,
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LinkedIn message, or you are cold calling, right?
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And so that's gonna be the sales development side,
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where you're just generating meetings.
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Once you generate the meetings,
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account executives are the people
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that actually get on the meeting and close the deal.
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So, these two specialized sales role
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are very different, right?
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One is more research based and just kinda,
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you actually don't even have to be on the phone.
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If you're not cold call,
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you're just sending messages
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to get someone to agree to a meeting,
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an account executive is a whole different skillset
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where you're on the phone,
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you're listening the person's problem,
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and you are selling and pitching your product or service.
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An account manager, just to give you a quick summary,
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is a person who handles the customer
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after the deal is closed.
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They renew the customer
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and get that customer to spend more money.
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All of these roles incredibly important for sure.
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But you know, the main thing I wanted to let you guys know
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is that all of these roles can also be done inside.
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And a lot of companies, like let's say Oracle,
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which I used to work at, or startups, Microsoft Salesforce,
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they all have inside sales teams
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and specialized roles for each of these categories.
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And one of the big benefits
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to actually learning these sales roles
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or getting experience in them,
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is that because once you get the hang of things
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and you know how to deal with customers
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and pretty much everything is already done remotely anyways,
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it's just that you're going into the office every day.
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With what's going on,
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a lot of sales teams are actually moving remote,
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where people are doing the exact same job
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they were doing in the office,
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except now they're doing it from home
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because they realized that if you already know these skills
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and it's more of a routine that you consistently improve,
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you don't need to technically go into the office.
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And that's kinda where the future is that,
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once you learn the skills
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and you understand the company culture,
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you don't need to go to the office
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as long as you're doing a good job.
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So, my prediction moving forward in the future,
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let's say like 2025 or 2030.
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I personally think that a lot of sales jobs
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that are traditionally inside sales,
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where you go into the office every day,
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it's gonna change,
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and it's gonna be like,
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there are certain people that go into the office every day
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and that's gonna be that,
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but there are gonna be a lot more people
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who learn from the office, get the culture,
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and then they're just gonna work from home.
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And as long as they're happy,
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they're doing good work
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and they're doing just as good work
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or if not better than they would if they went to the office,
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there's really no need for an office,
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and that actually helps a company a lot more
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because it lowers their overhead.
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They don't have to rent such a big office space
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if they know that people are willing to work
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from the comfort of their own homes.
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And obviously for you, if you are a salesperson,
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you're probably thinking like, yeah,
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that actually would be nice if you can just work from home
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because you can just be comfortable
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and work on your own time,
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and as long as you get the work done,
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it doesn't actually matter.
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So, that is everything we have to cover
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when it comes to inside sales.
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Lemme know in the comments
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if you also feel like in the future,
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a lot of these jobs
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where you have to traditionally go into the office
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are just gonna be completely remote,
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and everyone's gonna work from home.
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Lemme know if you have that prediction as well.
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And if you enjoyed this video,
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make sure to give it a Like, Subscribe
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and turn on notifications,
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because I'm gonna be dropping new videos
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every single week.
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And if you wanna learn more about sales
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and high ticket closing, or even remote sales,
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make sure you check out my other videos.
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So that said, my name is Patrick Dang.
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Hope you guys crush it in your sales career.
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And I'm gonna see you guys in the next one.