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We’re excited to share the findings of our latest research, which was just published in Harvard Business Review: The Hidden Costs of CRO Turnover. I n the article, co-authored with my colleagues Bryan Kurey and Dave Lingebach, we examine the high costs of Chief Revenue Officer (CRO) turnover and its significant impact on company performance.
Photo by Geralt via Pixabay Attract the Right Job or Clientele: When Adversity Hits, Do Your Research for Business Growth Commentary often gets us into in-depth conversations, particularly when we dont agree. Upon researching the previous predictions, they were accurate! However, the approach to attaining it may change entirely.
Despite its importance, salespeople dont spend a lot of time doing prospect research. Why do prospect research? Doing prospect research can also save you time. He shares insights from other sales professionals, highlighting their best research practices. They will see that youve taken the time to learn about them.
What research did you do to explore your options, and where did you go to find the advice to make a decision among the choices you had? If you cannot pin that down, it is critical that you focus and develop your personal brand. Think about a significant purchase you made recently and the process you went through as a buyer.
Leveraging research and commentary from industry analysts, this eBook explores how your sales team can get back valuable time by overcoming some pain points with your CRM, such as low adoption rates, integrations, and data quality.
In fact, just 18 percent of salespeople are classified by buyers as trusted advisors whom they respect, according to research by Steve W. As the Harvard Business Review puts it, Research suggests that inbound strategies can attract interest, but referral selling closes deals. At least, thats what many prospects have come to believe.
An effective sales pitch should begin with identifying areas of connection, often achieved by doing research on the industry and client prior to the meeting. Finding commonality and relating to a prospect is an important first step. Dont confuse this with being liked.
67% of SaaS companies ignore value-based pricing , according to our latest 2024 State of SaaS report and research. They invest heavily in competitor-led or cost-plus pricing - and miss out on revenue opportunities as a result. To pull it, you need to build an effective pricing strategy that aligns your company and business goals.
In the latest episode of the Sales Readiness Podcast, our host Ray Makela sat down with Dave Lingebach, Senior Research Manager at SBI, to dive into the implications of providing dedicated frontline sales manager training. In this discussion, the two will unpack SBIs latest research, Closing the Training Gap for Frontline Sales Managers.
In our 24-criterion evaluation of B2B marketing data providers, we identified the 11 most significant vendors — Data Axle, Dun & Bradstreet, Enlyft, Global Database, InsideView, Leadspace, Oracle, SMARTe, Spiceworks Ziff Davis, TechTarget, and ZoomInfo Technologies — and researched, analyzed, and scored them.
Once considered a catch-all team performing various misfit duties for sales, our research uncovered that modern enablement has grown to support essential functions across the commercial organization. The mandate for enablement teams has evolved dramatically.
And in the age of AI-assisted sales, what was once a long process of research, targeting, and crafting outreach has now become remarkably fast. Copilot’s Account AI simplifies and supercharges account research by summarizing the most critical information on any account.
These days, it’s pretty much table stakes to do some digital research on your prospect to see if you share any common interests that may help you get that critical first (online) meeting. Do your online research to find out what is changing in your prospect’s environment. Prospecting.
Product Launches Nowoslawski and his team typically use product launch signals as a starting point for further research — especially opportunities to preemptively solve problems common when bringing new products to market. Slocum recommends leaning into competitor research when leveraging pain points. It’s about the cost of inaction.”
With more access to user reviews, analyst opinion, and industry research, decision-makers are more informed than ever while navigating what is now known as the “buyer’s journey.”. Recent digital transformation has shifted the B2B landscape by ushering in the era of buyer empowerment.
To help our customers maximize the impact that ZoomInfo Copilot can have on their business, we’ve researched these ready-made prompts for Copilot Chat, designed to surface the most relevant insights and recommendations for busy frontline go-to-market professionals at every stage of the account journey.
In our Sales Management Research Report , we found that sales managers at high-impact organizations (sales organizations where over 75% of sales reps achieve quota) spend significantly more time coaching than sales managers at average (25% - 75% achieve quota) and low (less than 25% achieve quota) performing organizations.
According to ATD Research, sales organizations invested an average of $2,326 per salesperson annually on sales training. Sales organizations continue to invest in customized sales training but are often challenged when it comes to demonstrating that the training had a lasting impact on how their sales team sells.
Once we realize that all sizable deals have multiple people involved in the buying process ( research from companies like Gartner put the average number of people in a complex purchase at 6.8), we can change our sales approach to one that maximizes our chances of winning. It does not have to be this way.
Dig into this eBook to find out how to make cold calling a thing of the past with: Powerful sales engagement and automation Insights, signals, and deep prospect research Alternative touchpoints that keep the conversation alive
Like most modern buyers, I had already done a wealth of research leading up to my decision, and nothing the salesperson said was going to make me walk away with anything other than the brand and model I showed up to buy. Also, they overwhelmingly prefer to do independent research. That process has changed dramatically. My suggestion?
In their recent webinar , Nick Toman, Chief Strategy and Product Officer, and Bryan Kurey, Head of Research, revealed insights from their latest study on commercial efficiency. The culprit lies within the buyer’s experience.
Some, like scheduling follow-up emails or creating a repeatable framework for researching prospects, streamline your day without harming the quality of your work. Researching Your Prospect During the Call Researching your prospects while youre on the phone with them is better than not researching them at all but barely.
Highlights from research that analyzed 100 skills and behaviors across 13 different categories to find the attributes shared by top sales performers. The post 5 Capabilities Sellers Must Have to Be Top Performers appeared first on Sales & Marketing Management.
In other words, the research that takes reps hours, AI can do in seconds. Over the last two years, there’s been a 76 percent increase in AI adoption across sales organizations. The reason for its rise? AI increases teams’ productivity by predicting and automating actions that require manual effort.
Research shows it’s not the subject line we read first in an email, it’s the name of who the email is from.) What should you do then if you want to sell your stuff in the age of AI? My answer is become more human. Work on building actual human relationships. People still read emails and messages from people they know. Who are your 250?
In fact, research from Salesforce indicates that a staggering 90% of CRM data is incomplete. Real-Time Intent Signals : Identify decision-makers actively researching competitors or planning purchases, enabling timely and precise outreach. Because their strategies are built on a flawed foundation: bad data.
Customer-Driven Buying Process: Buyers today conduct independent research, with 68% of B2B buyers preferring self-research before engaging with sales reps, making the process buyer-centric. As buyers increasingly turn to online research and self-guided journeys, traditional sales approaches are shifting.
This feature leverages our GTM AI and first-party CRM data to uncover the trending topics researched by accounts that have converted in the past. AI-Generated Talking Points Preparing for a sales call will always be necessary, but removing manual research from the workload can save sellers valuable time. Guided Intent solves for that.
Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations. This frees up valuable time for sellers to focus more on building relationships and closing deals.
The classic sales maxim, "People buy from people they like," is supported by extensive behavioral science research. Dr. Robert Cialdini , a renowned psychologist, emphasizes the principle of liking in his influential book, " Influence: The Psychology of Persuasion. "
In a research collaboration between SBI Growth and The Revenue Enablement Society, it was revealed that enablement functions are essential for organizations aiming to optimize their sales and revenue operations. As businesses prepare for the challenges and opportunities of 2025, the role of enablement teams is coming under increased scrutiny.
I learned this the hard way: early in my sales career, on my first day with the title salesperson, in fact, I carefully researched each prospect, crafted thoughtful pitches, and made ten calls. Yes, research matters. Taking the time to research and personalize your outreach can increase your chances of getting a response.
Research for Pep Talk Enhancement Our mindset is everything regarding advancing careers or growing a business. For a better outcome, it is wise to review all notes concerning the person and the company and research the internet for new insights to fuel the conversation in your favor further. Never underestimate your novel ideas.
Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks.
After researching with a few of my buddies, ChatGPT, Claude, Perplexity, Co-Pilot, there are no organizations that operate without or without serving people. The most interesting conversations/reading I have about AI are with some of the real leaders in AI research is about human beings.
ZoomInfo Copilot , the companys AI-fueled GTM intelligence solution, extends and amplifies the power of the platform by surfacing actionable insights and rich research on top prospects and contacts, and creating messaging that aligns with an accounts top priorities and most pressing needs.
Smart Tools Arent Just for Big Companies Years ago, only large companies could afford the kind of research and support needed to stay ahead. Smaller businesses can tap into helpful data and research without spending a fortune. This kind of research used to take weeks and cost thousands. Today, things have changed.
Begin by conducting thorough research into the prospect's industry, market position, and recent news or developments. This could involve staying up-to-date on industry news, attending relevant conferences, or even conducting your own research. “By Research, and share case studies.
But what research has discovered is that many of today’s B2B buyers are NOT empowered and, what’s more, they have little interest in being so. Many B2B businesses have come to believe that there is an asymmetric relationship between the company and its buyers.
Note: Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner, Inc. Magic Quadrant for Account-Based Marketing Platforms. Jenifer Silverstein, Ray Pun, et al. 11 November 2024.
Confidence is vital to leadership, but truly effective leaders also put the work in behind the scenes, preparing and researching to make sure the decisions they make are based on a sound understanding of their businesses and the markets in which they are operating.
With that said, our research indicates that “passion” generally isn‘t entrepreneurship’s main selling point for business owners. According to our research: 45% of entrepreneurs started their business because they wanted to be their own boss or escape 9-5s. Anyway, give me money.” 16% wanted more income. 12% use recruiting agencies.
ZoomInfo consolidates data from a wide range of sources, including third-party providers, advanced technologies, and human researchers. Leveraging machine learning and a global network of human researchers, LeadGenius helps sales and marketing teams scale their outbound processes effectively.
While B2B research suggests organizations are thriving through successful ABM programs, getting just one campaign off the ground is more difficult than it seems. The benefits of Account-Based Marketing are clear, so what’s holding B2B professionals back?
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