demandDrive FAQs
You got questions? We got answers. We rounded up some of the frequently asked questions from prospects & partners below.
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A Sales Development Representative (SDR, or BDR, ADR, XDR, etc.) is a sales professional who works to generate leads and create new business opportunities for a company.
SDRs are responsible for identifying potential customers, reaching out to them, and nurturing relationships with them in order to eventually close deals.
Some specific responsibilities of an SDR may include:
Prospecting: Identifying potential customers through research and lead generation tools, such as LinkedIn or sales intelligence software.
Qualifying leads: Evaluating whether potential customers are a good fit for a company's products or services.
Initiating contact: Reaching out to potential customers via phone, email, or social media to introduce a company's products or services.
Nurturing relationships: Building a rapport with potential customers by understanding their needs, pain points, and goals.
Scheduling meetings: Setting up appointments between potential customers and account executives or sales representatives.
Reporting: Tracking and reporting on the success of outreach efforts and maintaining accurate records of customer interactions.
Ultimately, an SDR's main goal is to help the company increase revenue by finding and nurturing new business opportunities.
An outsourced SDR is a sales professional who is hired by a company to generate and qualify leads for their sales team. The outsourced SDR works remotely or as part of a third-party service provider, rather than being a direct employee of the company they are working for. A variety of SDR as a service (SDRaaS) or SDR outsourcing businesses offer these services.
Working with Outsourced SDRs can be an effective way for companies to increase their sales and expand their customer base without having to invest in a full-time sales team. By outsourcing the SDR function, companies can benefit from the expertise of sales professionals who specialize in lead generation and qualification, while also reducing their overhead costs.
Once the SDR has established contact with a potential customer, their next step is to qualify the lead using guidelines presented by their client. They then pass this information on to the company's sales team, who can follow up with the qualified leads and close the deal.
The main difference between an outsourced SDR and an in-house SDR is their employment arrangement. An in-house SDR is a full-time employee of the company they work for, while an outsourced SDR is a contractor or employee of a third-party service provider who works remotely.
Here are some other differences between an outsourced SDR and an in-house SDR:
Expertise: Outsourced SDRs typically have a high level of expertise in lead generation and qualification since they specialize in these activities for multiple clients across different industries. In-house SDRs, on the other hand, may have a more in-depth understanding of the company's products and services and its target market.
Cost: Outsourcing SDR services can be more cost-effective than hiring an in-house SDR. Companies can save on salaries, benefits, and training costs by outsourcing the SDR function to a third-party provider.
Flexibility: Outsourced SDRs can provide more flexibility since they can be hired on a short-term or project basis, depending on the company's needs. In-house SDRs, on the other hand, may require a longer-term commitment, which may not be suitable for companies with fluctuating sales volumes or seasonal business cycles.
Many outsourcing providers have established processes and methodologies for onboarding new SDRs quickly and efficiently. These include providing comprehensive training and development programs, using scalable and flexible scripts and templates, and leveraging technology such as CRM tools and analytics platforms to track performance and optimize results.
In some cases, outsourcing providers may also offer customized onboarding programs that are tailored to the specific needs and requirements of the client company. This can help to accelerate the learning curve for outsourced SDRs and ensure that they are fully aligned with the company's sales strategy and objectives.
Outsourced SDRs can bring a wealth of experience and specialized expertise in lead generation and qualification, which can lead to higher productivity and efficiency. They may also have access to a wider range of resources and tools, such as advanced data analytics platforms, automation tools, and CRM systems, which can help to streamline the sales process and improve results.
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