Discover the RevOps formula and how it can utterly transform your company’s financial performance with insights from our experts.
Part 1: Skyrocket your revenue with a complete guide to RevOps Revenue Operations
Part 2: Beginner’s guide to RevOps tech stack
Part 3: 13 revops best practices companies follow this year
Part 4: Rev Ops vs Sales Ops: Know the difference
Part 5: 10 revops metrics and KPIs to track your revenue operations performance
Part 6: Unlocking success: the ultimate revenue growth framework
Tech advancements are seriously shaking things up — changing how people buy things and making businesses really reconsider how they make money. This has really put customer led growth in the spotlight. Lots of companies already have a growth marketing team working hard to smooth things out in the sales and marketing department. But not everyone’s clued up about this thing called revenue operations, or RevOps for short.
Even though rev ops and sales ops are both all about money, they’re not quite the same thing.
To get your head around what makes revenue operations vs. sales operations different, and find out where they fit in your business, let’s chat about what they actually do and see how they stack up against each other.
Unlike revenue operations, sales ops teams — the superheroes of the sales department — handle the big stuff like mapping out territories, handling tech, and creating reports. They’re the ones who come in with their capes swinging when it’s getting late in the sales cycle. They’re like your ultimate co-workers, but, hey, don’t mistake them for sales enablement teams, who are the early birds in the sales funnel conversions, always there to make sure the sales squad is supported.
The name of the game for sales ops? Amping up sales performance!
Sales Ops is focused on making their sales reps lives easier. For this, they take on the following heavy-duty tasks:
Using their secret weapon of data analysis and sales forecasting, sales ops teams sketch out the sales strategy. It’s like the chess grandmasters in the sales ops vs. revenue ops game, conjuring up moves that would make Bobby Fischer break into a cold sweat! They make sure that everyone knows their role and can play their part.
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Example of the sales operations team in action
Let’s take a look at a detailed case scenario of sales operations within a hypothetical SaaS (Software as a Service) company named “CloudDesk”:
To address a decline in close rates due to increased market competition, the sales operations team at CloudDesk devised a strategy to enhance the team’s performance and streamline the sales process.
Here’s what they implemented:
This comprehensive approach produced tangible results, including a substantial increase in the close rate, greater sales team efficiency, and a more predictable sales forecast. This case illustrates how pivotal sales operations can be in enhancing the overall sales performance of a SaaS company.
The goal for sales ops, in a nutshell, is to take the sales team to the next level, making them insurmountably effective, efficient, and customer-oriented. And they do it all with a smile (and lots of coffee)!
They’re the behind-the-scenes rockstars boosting performance in crucial ways. Let’s chat about some key benefits, backed by some snazzy stats, of course.
There you have it! In the discussions around sales ops vs. revenue ops, always remember that sales ops brings its unique set of advantages to your digital business, boosting it in ways that make a solid impact.
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When you toss “revenue ops vs sales ops” into the mix, it’s like comparing a coach to a team captain. Sales Ops is the captain of the sales team, making sure everyone in sales is doing their best. But, RevOps? Well, it’s the super-cool coach making sure the whole company — not just the sales team — is raking in the profits. Really, it’s a whole different ball game.
RevOps, short for revenue operations, is essentially the cool cousin of the company that brings all the teams together and gets rid of anything stopping the big bucks from rolling in. It’s all about fueling growth by making sure things run as smoothly as possible.
How does Revenue Operations work?
Picture this, RevOps is like the coach for your company’s teams. It’s not just about getting things done fast, but also about making sure everyone works together in a way that brings in more dough. Talking about revenue ops vs sales ops, while Sales Ops focuses on getting the sales hustle right, RevOps is playing the bigger game — pulling everyone together for that sweet sound of ringing cash registers.
Example
Imagine a team working hard on a winter sale campaign. The marketing team is creating flashy ads, the sales team is prepping for inquiries, and customer service is getting ready for post-purchase queries.
But, they’re all working in isolation. The marketing team is clueless about the sales team’s strategy, and the customer service is out of the loop about the sale timings. This leads to a disjointed process and the customer experience isn’t great.
Now, enter RevOps.
They notice these separate teams aren’t all singing the same song, so they step in. They organize a meeting between marketing, sales, and customer service. They ensure everyone knows what the others are doing and devise a strategy that fits all teams.
The result? A sale campaign that goes without a hitch. The customer receives consistent communication and overall satisfaction goes up. This leads to happy customers and better sales — that’s RevOps in action!
What does revops team do?
RevOps, also known as Revenue Operations, has aims that set it apart when you consider ‘sales operations vs revenue operations’.
Adopting Revenue Operations (RevOps) can provide a multitude of benefits to a company, a point affirmed by numerous data. Taking a look at the ‘RevOps vs Sales Ops’ comparison, we can understand the all-encompassing approach of RevOps and the significance of its effectiveness. Here are some prominent statistics that emphasize this:
These statistics may vary based on factors such as company size, industry, and others. However, they significantly emphasize that businesses implementing RevOps models generally outperform those that do not. Although correlation doesn’t equate to causation, these figures indeed suggest vital benefits of implementing RevOps models.
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This section aims to highlight these differences, providing you with a better understanding of their unique roles and contributions to an organization’s success. Let’s delve into the specifics of “RevOps vs Sales Ops” and how each one functions to boost a company’s performance.
Time to sum the things up. Here is what experts say:
Sales Ops focuses on territory planning, deal desk activities, opp reporting, commissions and comp, SDR and AE handoffs, and managing tools like Outreach and Salesforce. RevOps looks at the entire customer journey and the entire funnel from marketing (lead routing, conversion rates, etc.) all the way to customer success and support (onboarding, account health reporting, NPS and renewal processes).
RevOps can be defined differently at every company. I like to think of revops as the apex of the Ops team. This is akin to a table. Each leg has a defined area of focus to bear the load of the tabletop, or it will wobble. Revenue Ops is lifted up and made better by each of the other ops functions.
RevOps (Revenue Operations)
Sales Ops (Sales Operations)
Focus Area
RevOps has a broader focus covering marketing, sales, and customer success.
Sales Ops focuses specifically on improving and streamlining sales processes.
Main Objective
The main aim is to align all customer-facing teams to work towards unified revenue goals.
The primary objective is to increase sales efficiency and effectiveness, driving sales growth.
Responsibilities
These can include data analysis across teams, process optimization, and the implementation of technology to align teams.
Responsibilities typically include sales process design, data analysis within the sales department, sales strategy, and performance tracking.
Data Used
RevOps uses data from all departments involved in the customer journey, providing a holistic view.
Sales Ops mainly uses sales-specific data to boost the productivity and effectiveness of the sales team.
Impact
RevOps impacts the entire buyer’s journey and customer experience, aiming for a consistent experience and maximum revenue growth.
Sales Ops impacts the sales department primarily, aiming to boost sales numbers and drive revenue from sales.
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Sales Operations and Revenue Operations (RevOps) are interconnected, each contributing to an overall aim of business growth and profitability. These two operations, “sales operations” and “RevOps,” often work in synergy and their connection is pivotal in understanding the dynamics of “revenue operations vs sales operations.”
In the “revenue operations vs sales operations” comparison, Sales operations can be considered as a subset, directly feeding into RevOps. Activities and strategies in the realm of sales operations are crucial as they directly affect the efficacy of the broader RevOps machine. As a unified engine, RevOps capitalizes on the outputs of sales, marketing, and customer success operations to create cohesive, streamlined business functions that drive revenue growth.
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Choosing between Revenue Operations (RevOps) and Sales Operations (SalesOps) for your company depends on your business size, structure, and operations strategy.
If you have separate departments like marketing, sales, and customer success and struggle with silos and alignment issues, implementing a RevOps strategy can be beneficial. RevOps ensures a coordinated effort towards revenue generation.
However, if your company is smaller or has a single, focused customer-facing team, a SalesOps strategy might suffice. This will ensure your sales strategies are effective, and your sales team has all the resources they need.
Remember, SalesOps can be a part of a broader RevOps framework. As your company grows and becomes more complex, you may find operational advantages in expanding from SalesOps to a more all-encompassing RevOps approach.
Revenue Operations (RevOps) and Sales Operations (SalesOps) are intrinsically connected, both playing important roles in a company’s growth and profitability.
Sales Operations functions as a subset of RevOps, and it’s typically focused on improving the efficiency and effectiveness of the sales team. This can involve setting sales targets, managing resources and tools, overseeing the sales pipeline, and implementing sales strategies.
RevOps, on the other hand, is a more holistic approach, integrating and aligning all revenue-related functions across an organization, including sales, marketing, and customer success. The ultimate aim of RevOps is to eliminate operational silos, enhance customer experience, and increase revenue.
Therefore, the strategies and activities of SalesOps directly feed into the wider objectives of RevOps. The insights and outputs provided by SalesOps are utilized by RevOps to align strategies across departments, optimize processes, and ultimately, drive revenue growth.
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Shifting from a Sales Operations (SalesOps) to a Revenue Operations (RevOps) model can bring significant changes to a company.
It’s important to note that transitioning to a RevOps model requires careful planning and execution. It may require changes to team structures, processes, and even company culture. Thus, the transition should be approached with a clear understanding of these implications and a plan to manage potential challenges.
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Implementing either Revenue Operations (RevOps) or Sales Operations (SalesOps) can pose unique challenges:
Overcoming these challenges requires careful planning, clear communication, strong leadership, the right tools and technology, and commitment to the process from the entire organization.
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