article thumbnail

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
article thumbnail

Two BIG Reasons Your Prospecting Isn’t Working

Sales Hacker

Even if you’ve defined your ICP and created a targeted list of prospects, you may still find that your prospecting isn’t generating impactful results. Learn how these factors impact your prospecting, and what you can do to yield better outcomes in sales. #1: To improve prospecting, relevance is key.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

The Consumer Buying Behavior in the Digital Age [Infographic]

Connext Digital

This marketing strategy dramatically influences a prospective buyer in completing a purchase, as more and more people believe online reviews as much as their peers. Learning the new trends of consumer buying behavior is critical to conquering your market. Studying the Market. However, it’s not enough to merely be online.

article thumbnail

How Do Customers Prospect?

Partners in Excellence

It’s customers prospecting–looking for solutions to their problems. “We are looking to buy electronic components to use in a new consumer product we are developing. I don’t know about you, but it’s annoying and time consuming just deleting and spamming all these requests from people who want to buy stuff.

article thumbnail

How to engage prospects who want to tune you out

Selling Essentials RapidLearning Center

When you’re prospecting, do you ever get the feeling that the buyer on the other end isn’t listening to you? If a prospect is having a bad day, or is engulfed in a whirlwind of meetings, or is preoccupied with an urgent task, getting them to listen may be just about impossible. This one you can do something about.

article thumbnail

How to Use Case Studies Effectively in Sales (And Mistakes to Avoid)

Sales Hacker

Used right, case studies can boost your deal closing ratio by 70% and your sales by 185% — making them a valuable addition to your sales enablement library. Keep reading for practical tips on how you can use your case studies to attract new prospects and convert existing prospects into paying customers. What not to do.