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How Consumer Spending Trends Impact Your Recession Sales Strategy [Data + Insights]

Hubspot Sales

Here, we cover the top consumer spending trends in 2023, along with five key strategies for selling during an economic downturn. Table of Contents Top Consumer Spending Trends in 2023 Strategies for Selling in a Recession Top Consumer Spending Trends in 2023 1. US consumers are spending more conscientiously right now.

Consumer 100
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How Does Social Media Impact Consumer Buying Behavior?

Connext Digital

Social media has become an indispensable tool for consumers online in this day and age. The figures don’t lie either: consumers are 71% more likely to make a purchase based on social media referrals. . The Consumer Buying Behavior . Three factors can influence consumer buying behavior: personal, psychological, and social.

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Execute Your Sales Strategy By Pinpointing Growth Opportunities

SBI Growth

Are your sales resources properly aligned with growth opportunity ? Have you conducted growth opportunity analyses in your market? Find out if your sales resources are aligned with growth opportunity by using the Sales Growth Pin Pointer. The objective for each was to identify growth opportunity and align resources accordingly.

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TV Broadcast Advertising Drives 60% of Viewers to Research Online

SalesFuel

TV Broadcast Advertising Drives 60% of Viewers to Research Online TV has the Furthest Reach According to a study by TVB , TV broadcast advertising has the highest reach of all ad types. That gives consumers way more opportunities to interact with TV broadcast advertising than any other ad type out there.

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How AI Can Accelerate Sales and Bridge the Marketing Gap

Sales and Marketing Management

A recent study reveals that the continuous input of data into spreadsheets in a CRM system makes up nearly 10% of a sales personnel’s time, which accounts for over half the total time spent in CRM-related tasks. Traditionally, sales professionals have only looked at CRM data to identify opportunities and risks.

Marketing 274
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IBM Study Cites 4 Key Traits of the New Midmarket Sales Professional

Score More Sales

Employees, including sales professionals and sales leaders in midmarket companies will need to have four main traits to be competitive in the workforce according to the 2012 IBM Global CEO Study. The study was published today with 226 midmarket companies participating – we are just focusing on the midmarket CEOs for this post.

Study 198
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Sales Reps Are Ideally Suited to Work From Home

Sales and Marketing Management

Sales managers who are nervous about their team working outside of the office can take heart in a recent study that ranks sales representative as the No. In fact, the study from MagnifyMoney shows that 13% of sales representatives already worked from a home office prior to the COVID-19 outbreak. 63 spot for that metric.

Salary 207