Is it important to research prospects before selling to them?

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

Source
The State of Sales

Year
2022

Researching prospects is very important, especially when it comes to sales. By doing research, you can learn more about the needs of your prospect and how they like to be contacted. Knowing what their business needs and wants can help you identify how to craft a customized proposal tailored to them, increasing your chances of winning the sale. Additionally, research helps you and your team keep on top of competitive trends so that you can adjust your strategy and stay ahead of the competition. Research also gives you access to up-to-date contact information so that you avoid wasting time and energy trying to reach out to someone who no longer works at the company.

All of these factors can help increase remote sales statistics and create a more successful sales process.

Technology has become an essential tool in the process of prospect research. With technology tools, it is easier to find information on potential customers and partners. For example, using search engines you can research a company or person, their background and what type of relationships they have. You can also use social media platforms such as LinkedIn to learn about people and companies. Technology is constantly evolving which helps with prospect research by making the process faster and more efficient.

More 2022 Stats

Top Performers Make 54% More Conversation Switches on Calls and 78% More in Presentations

Top Performers’ Discovery Calls 76% Longer and Presentation Meetings 55% Longer than Average Performers

44% of salespeople give up after one follow-up call.

55% of B2B buyers search for information on social media.

A study by Skaled revealed that sales reps using virtual presentation tools increased their close rates by 28%

B2B buyers are 57%-70% through buying research before contacting sales.

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%.

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

21% of sales professionals who sell remotely say emails are the most effective channel for remote selling

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

More Stats

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