What are the potential drawbacks of using outdated tools like Outlook or Excel to store customer and lead data for sales reps?

40% of sales reps still use tools like Outlook or Excel to store customer and lead data

Source
Hubspot

Topic
Sales Trends

Year
2022

Sales representatives need to manage their customer and lead data effectively to close deals and drive revenue. However, despite the rise of advanced customer relationship management (CRM) software, many sales reps still rely on outdated tools like Excel or Outlook to store and manage their data.

According to the 2021 State of Marketing report by HubSpot, 40% of sales reps still use these traditional tools to store customer and lead data. This suggests that many sales reps may not be taking full advantage of the features and benefits offered by modern CRM software.

CRM software can help sales reps to better manage and organize their customer data, track customer interactions and activities, and automate certain tasks to save time and increase efficiency. It can also provide valuable insights and analytics that can help sales reps to identify trends and opportunities, and make data-driven decisions.

While some sales reps may be hesitant to adopt new technology, it’s important to recognize the benefits that modern CRM software can offer. By streamlining data management and providing valuable insights, CRM software can help sales reps to close more deals and drive revenue.

Sales reps and organizations that are still relying on outdated tools like Excel or Outlook may want to consider upgrading to a modern CRM solution. With so many options available on the market, it’s important to evaluate your specific needs and choose a solution that meets your requirements and budget.

To sum things up, while traditional tools like Excel and Outlook may have worked in the past, sales reps who want to stay competitive and drive revenue should consider adopting modern CRM software to manage their customer and lead data effectively.

More 2022 Stats

57% of C-level buyers prefer to be contacted via phone.

Top Performers Have 63% Less Focus on Product Features

43% of sales professionals say email is the most effective channel for selling.

67% of customers prefer self-service over speaking to a company representative

72 percent of business leaders said that sales tool integrations are essential to retaining business and beating the competition.

82% of top performers say they “always” perform research before reaching out to prospects, and report higher usage of sales technology across the board.

80% of new leads never translate into sales

2% is the average success rate for cold calling

Sales enablement initiatives increased sales for 76% of companies by 6%-20%

60% of customers say no four times before saying yes.

More Sales Trends Stats

57% of C-level buyers prefer to be contacted via phone.

71% of salespeople said they were conducting more than half their sales virtually.

40% say getting response from prospects harder now than 3 years ago.

24% of salespeople reported that they majored in business in college

38% of sales leaders say their customers want to buy through e-commerce stores

In a recent McKinsey study, 61% of survey respondents said that, before the pandemic, they primarily sold their business’ products through traditional in-person sales — that number has since fallen to 29%.

Nearly 13% of all the jobs in the U.S. are full time sales positions

60% of customers say no four times before saying yes.

In fact, 77% of sales leaders say their company’s digital transformation has accelerated since 2019.

Salespeople’s Optimism for Economic Recovery from COVID-19

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