Is it necessary for salespeople to shift their focus away from product features?

Top Performers Have 63% Less Focus on Product Features

Salespeople have long been taught to focus on the features and benefits of their product or service, but new research shows that top performers are doing something different. According to a study conducted by Sales Insights Lab, during presentations, product features come up 63% less in top performers’ conversations than in everyone else’s.

The study found that top performers are instead focusing on their prospect’s needs and pain points, and tailoring their pitch accordingly. This approach allows them to have more meaningful conversations that build trust and establish rapport with their prospects.

This is a significant departure from the traditional sales approach of listing off product features and benefits in the hopes of convincing the prospect to buy. The study shows that this approach is not as effective as tailoring the conversation to the prospect’s specific needs and concerns.

The importance of this distinction cannot be overstated. Salespeople must move away from focusing solely on their product or service’s features and benefits and instead focus on understanding their prospect’s unique situation and needs. By doing so, they can have more effective conversations that lead to higher close rates and more satisfied customers.
By focusing less on product features and more on the prospect’s pain points and needs, top performers are able to close more deals and generate more revenue. If you’re interested in learning how to improve your sales skills and become a top performer, consider booking a demo with saleslion.io today. Our sales experts can provide valuable insights and strategies to help you excel in your sales career. Don’t wait, take the first step towards sales success by booking a demo now!

More 2022 Stats

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

32% of sales reps spend an hour or more on data entry every day

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

73% of B2B executives agree that customers expect more personalization than they did a few years ago.

48% of salespeople never even make a single follow up attempt.

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

LinkedIn is the #1 social media platform for B2B leads.

55% of sales reps say budget is the most common reason a promising deal falls through

2% is the average success rate for cold calling

B2B customers use 10 different channels during their decision-making process

More Sales Strategy Stats

71 Words per Minute: The Surprising Speech Speed of Top Performers, Who Speak 6% Slower Than Their Peers

97% of sales leaders and sales operations pros say AI gives reps more time to sell

81% of people prefer to open emails on their smartphones

77% of sales professionals say their organization is planning to invest more in sales intelligence tools

69% of recipients report spam based only on the subject line

Personalizing email subject lines leads to a 22% increase in open rate

41.2% of sales reps say that their phone is the most effective tool for performing their jobs

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

The best time to make sales calls is within 1 hour of receiving their initial inquiry

32% of sales reps spend an hour or more on data entry every day

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