Can your sales team keep up with the digital selling trend?

77% of Sales Professionals Now Conducting More Video Meetings

Source
Finances Online

Topic
Sales Trends

Year
2020

In the era of the pandemic, sales professionals have been forced to embrace new ways of selling. The trend of digital selling has taken off, and now, according to recent statistics, 77% of sales professionals are conducting more video meetings than ever before. This shift towards digital selling has proven to be an effective way of reaching out to customers and prospects, as face-to-face meetings have become less frequent due to social distancing measures.

With the increase in remote work, video conferencing tools such as Zoom, Microsoft Teams, and Google Meet have become essential for sales professionals to connect with clients and prospects. Video meetings have become a preferred communication channel as they allow for a more personalized and engaging interaction, which can lead to building better relationships with clients.

The trend towards digital selling is not only beneficial for sales professionals but also for customers. Buyers can now conduct research on products and services from the comfort of their own homes, and can easily communicate with sales representatives through video meetings. This convenience has led to an increase in customer satisfaction and has resulted in better sales outcomes.

As digital selling becomes more prevalent, sales professionals must adapt and hone their virtual communication skills to keep up with the changing landscape. It’s important to take advantage of technology to create a seamless and efficient sales process. By embracing digital selling techniques such as video meetings, sales professionals can increase their productivity and effectiveness, ultimately driving more revenue for their organizations. With the right tools and strategies in place, there’s no limit to the success that can be achieved through digital selling.

More 2020 Stats

B2B Companies Achieve 63% Lower Customer Attrition and 55% Higher Share of Wallet in B2B Engagement

According to HubSpot, the length of a sales cycle decreased by an average of 15% when virtual sales tools were used.

40% of all customer interactions will be automated through AI and machine learning by 2023

76% of salespeople consider sales technology critical to closing deals

77% of B2B decision-makers prefer video meetings over phone calls with vendors

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

39% of companies don’t regularly ask customers for feedback about their interactions

77% of B2B buyers reported that their latest purchase was either “Difficult” or “Very Complex”

Omni-Channel Engagement Preferred by Almost 78% of Customers

Why 40% of Sales Professionals Didn’t Achieve Their Revenue Goals in 2020

More Sales Trends Stats

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

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

56% of sales professionals get leads from existing customer referrals.

21% Higher Job Satisfaction for Salespeople Spending More Than 4 Hours a Day on Sales Activities

61% believe that salespeople are underappreciated

Even with a return to in-person lifestyles, only 20% of B2B buyers say they hope to return to in-person sales.

According to a study by Salesforce, the average B2B deal size has grown by 20% in 2021 compared to 2020. This is likely due to companies increasing their spending as they look for more innovative solutions to solve their challenges.

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

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

Salespeople Unhappy Despite Meeting Targets

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