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I read the majority of the reports, studies, white papers, and books related to sales development because others in the field might stumble onto a trend, an insight or a statistic of which I was not aware. The report says, “87% reported that their sales teams were having difficulty meeting or exceeding quota.”
Market Segmentation analysis and reports are a foundational component of strategic analysis, planning and decision-making for any CEO. Understanding market opportunity and market dynamics is critical. It informs how to make investments in people, time and money. Geographic growth opportunity Industry/Vertical market.
A recent study by the Relational Capital Group revealed that 89% of senior leaders believe that relationships are the most important factor in their success year over year. However, the study also revealed that only 24% of these leaders actually do anything intentionally to promote building those relationships.
A survey from Health IT Outcomes reported that 90 percent of employees surveyed said they wanted their company to provide a wearable device for tracking as an incentive. The Humana/EIU study also confirmed that stress remains a severe health problem in the workplace. Keys to increasing participation.
In this webinar, Skilljar CEO Sandi Lin shared learnings from Skilljar's recent study and her insights on the state of Customer Education. Sandi and Linda dug into key findings so you can benchmark against industry trends and understand how your strategy and metrics compare.
In fact, according to the CSO Insights 2016 Sales Enablement Optimization Study , the number of businesses with a dedicated enablement function has increased from 19% to 33% since 2013. Yet, the same study also found that just 26% of enablement initiatives met or exceeded most expectations – and only 5% met all expectations. .
A recent study conducted by KPMG found that over 90% of companies. At this point in 2020, all your competitors have undergone some variation of a “digital transformation” to supplement an end-to-end data-driven, Customer Experience (CX) focused digital sales strategy.
In the first quarter of last year, SBI published a research report that discussed how gaps in execution often threaten a CEO’s strategic plan. The data collected underscored the point; various studies indicated that somewhere between 63% – 74% of.
Duhigg cites a study from the 1970s by James Averill, a University of Massachusetts psychology professor, in which Averill surveyed the residents of Greenfield, Mass., More than two-thirds of those on the receiving end of Averill’s anger study said they came to realize their own faults. Can anger motivate?
Salesforce users were surveyed about the forces shaping today's workplace. Discover the results and why investments in digital transformation and automation are pushing sales teams ahead.
It’s always interesting to see how companies are adapting to the wildly-changing world of business, and it’s studies like these that help us as sales managers and sales directors to understand how we need to shape up for future business opportunities. Most top 20 companies in the study put their values first, middle and last.
According to a study by McKinsey, businesses that use AI to streamline sales processes report a 40% increase in productivity. A Salesforce report found that 79% of customers are more likely to engage with brands that offer personalised experiences. This is where the Filipino workforce excels.
According to a 2015 RAND report, 69% of employers with 50 or more employees offer a wellness program. Numerous studiesreport the return on investment for employers is significant and clear. Ultimately, 111 workers met the criteria to be included in the study. The motivation is not purely altruistic.
They recognize that customer experience is key, but they’re burdened down with reports, cold leads, and spending time with clients who are losers, which makes it hard to nurture their best clients. For more on the study, check out Zaledonis’s post. They tell me they’re overwhelmed. That’s the good news.
Study after study has shown that sales manager coaching has a significant impact on performance. CSO 2015 Sales Management Optimization Study: Formal coaching process: 17% improvement in sales win rate. As a result, very few companies realize the gains promised by these studies. Field Coaching Report.
This past year, organizations utilizing AI tools for sales report an uptick in business leads and appointments by around 50%. According to a study by Nucleus Research, CRM integrations can lead to a productivity increase by more than 15%, minimizing data entry time and maximizing data accessibility across platforms.
Barely a week passes without another study raising concerns about our compulsive use of smartphones and social media. The Pew Research Center, a US think-tank, reported that a quarter of American adults were “almost constantly” online. Companies need to acknowledge the dangers to their workforce and take action. By Daren Dodd.
Study after study has shown that sales manager coaching has a significant impact on performance. CSO 2015 Sales Management Optimization Study: Formal coaching process: 17% improvement in sales win rate. As a result, very few companies realize the gains promised by these studies. Field Coaching Report.
Sales managers who are nervous about their team working outside of the office can take heart in a recent study that ranks sales representative as the No. In fact, the study from MagnifyMoney shows that 13% of sales representatives already worked from a home office prior to the COVID-19 outbreak. 63 spot for that metric.
Case Study: Thermo Fisher Scientific Biotechnology firm Thermo Fisher approached ZoomInfo after their sales leaders suspected there were greater opportunities in their SMB market than they were currently calculating. The data universe foundation of ZoomInfos GTM Intelligence platform makes this possible.
13% increase in productivity among the call center employees who were allowed to work from home ( Stanford University ) 100% more time was spent discussing non-work related topics by in-office employees ( Airtasker ) 91% of employees reported that they feel they’re more productive when working from home ( TinyPulse ).
Demand Gen Report, 2016). This includes: Downloads of whitepapers, case studies, tech publications. According to TOPO ’s 2018 Account-Based Technology Report, Intent Data is the fastest growing solution in the Sales Tech stack. Get the study: What Data Points Lead to Higher Conversion Rates and More Sales? Website visits.
To study this, we surveyed 755 B2B SaaS professionals who are part of the sales process at their companies in late May and early June 2020. The rest reported improvement. You can access the entire Selling SaaS in the COVID Economy report over on SalesRoads’ website. Interested in learning more?
In fact, best-in-class software companies report a 60% conversion rate following a free trial ( source ). Leverage customer testimonials or case studies. Did you know most B2B marketers consider customer testimonials and case studies to be the most effective content marketing tactic ( source )?
Dedicated CRMs Drive Higher Productivity Gains A CRM lets you automate repetitive day-to-day tasks, such as lead assignment, task reminders, data enrichment, and reporting. Automatically generate reports based on various metrics and KPIs. Lead assignment. Automatically assign leads based on predefined criteria to sales representatives.
For instance, reports reveal that up to 90 percent of direct mails get opened, while emails average 25 percent at best. According to the study, almost 40 percent of customers try a business for the first time because of direct mail advertising. Let’s take a look! The Art of Creating a Quality Sales Letter. Direct Mail Is Not Dead.
Make sure to get a copy your FREE copy of the report. I have repeatedly been asked to provide sales managers with case studies on how to coach difficult sales reps. In this webinar, there are 5 case studies of difficult sales people. In 2016 only 1/3 of sales managers received any training on hiring vs 49% in 2015.
A study by Xactly showed that the most diverse companies are 35% more likely to outperform their competition. In a 2019 Benchmark Study , respondents concluded that customers increasingly consider diversity when making buying decisions. mouth, and reputation are still highly valued.
For example, a recent LinkedIn/Forrester study found that, when compared to their peers, sales organizations with leading diversity and inclusion practices have: 3% higher sales forecasts. That’s just one of many studies that have been conducted in recent years, clearly illustrating the benefits of diversity in the workplace.
How many books, studies, manuals and reports have you received that sat and collected dust, reside on your hard drive or in the cloud and remain unopened to this day? In my office, I have 6 shelves full of books that I never read and probably won't read half of the books on my Kindle either!
The latest 2025 State of Sales Enablement Report reveals the top sales enablement trends for 2025and the stakes couldnt be higher. State of Sales Enablement Report 2025 According to the 2025 State of Sales Enablement Report , most companies expect AI to impact at least 25% of sales roles within two years.
On the global front (in terms of costs and local regulations), a report published in the middle of the year by consulting firm Globalization Partners and CFO Research found that most businesses are undeterred by COVID-19 and are pushing forward with new or expanded international operations.
According to HubSpot’s 2024 State of Sales Report , 23% of sales pros find cold emailing the best way to reach prospects. Blog posts from third parties, industry-specific data, case studies, and customer stories also have the biggest influence on B2B buyer decision-making. Showcase success studies from our previous, related clients.
According to a the Forrester Consulting Q3 2019 Global Content Preferences study, 87% of technology buyers said that they want vendors to understand their business, industry or market conditions, and 83% want vendors to understand what’s most important to their job. The health of companies’ data will become imperative.
Small Business Administration reports that poorly managed inventory is a leading cause of small business failure. A recent study shows that 66% of consumers will leave an e-commerce site or store and turn to another retailer if the item they want is out of stock. The same is true as far as inventory tracking goes. In fact, the U.S.
With this learning technique, sales reps can fast-track their growth by studying high achievers in actionwhether its how they handle objections, build rapport, or close deals. Our latest research report reveals key insights on how top organizations leverage ongoing training to drive revenue growth.
A Forrester Consulting study commissioned by Mediafly reports that the B2B companies surveyed work with an average of 176 partner companies. times more effective at achieving their sales goals and report 1.4 times more likely to report an increase in customer lifetime value and 1.4 times lower rates than direct sellers.
Sure, we reviewed sales reports, and we knew our quotas and our clients, but that was it. The way we learned about our prospects was to call the corporate communications department and request an annual report. You know intuitively whether to adopt a solution or strategy, even if the analysis reports differently. They mailed it.)
47% of companies report little to no qualified applicants for the positions they are trying to fill ( source ). Algorithms can predict the success of hires better than the discretion of hiring managers, according to a recent study of more than 250,000 hires ( source ). Research shows, candidate sourcing is the way to go.
All the studies out there in terms of the impact of coaching show a very positive impact if your sales managers do a very effective job coaching. From the front-line sales managers, of course, they have the biggest impact as many of them have ten or more reps or eight to ten reps reporting to them so their role in.
Here are some of the most important tasks: Onboarding sales teams Ongoing learning initiatives for sales Developing assets to reference and use (case studies, email templates, etc.) Knowledge sharing program: Sales assets, such as case studies, scripts, and sales playbooks are invaluable to sales efficiency and success.
In the same study, 71.4 According to Hubspot’s 2021 Sales Enablement Report , more than 40 percent of salespeople say prospecting is the most challenging part of the sales process, despite the fact that 77.3 percent of salespeople said that 50 percent or fewer of their initial prospects were a good fit. Now it’s really falling short.
The RAIN Group Center for Sales Research studied 488 B2B buyers who represented $4.2 The research goes on to report that buyers want to talk to sellers when they are: Future-seeking— looking for possibilities to drive stronger results. In other words, they don’t just want to hear from sellers at the end of the buying process.
These average-performing reps spend nearly five weeks a year, or 10 percent of their time, checking their commission reports, trying to understand them. In fact, according to a recent study by Aberdeen, companies that used SPM technology improved their profit margins at an 88 percent greater rate year-over-year.
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