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4 Fascinating Sales Research Studies You Should Know By Heart

InsideSales.com

Keep reading to check out some of these sales research studies that will help you gain some insights into what makes a successful sales team. RELATED: Only 28% Of Business Deals Are Forecasted Accurately, Shows New Research In this article: Creating Sales Best Practices Based on Sales Data Do Bonuses Enhance Sales Productivity?

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What is Inside Sales (And Why Do You Need It?)

DialSource

At this point, there is no more discussion about inside sales vs outside sales and which is more optimal in terms of a company’s growth strategy. . Based on the 2020 pandemic and corresponding lockdown measures, overnight, everyone was transformed into an inside sales or digital selling role.

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Change Your Sales Teams Bad Habits Before 2013

SBI Growth

Complete a Time Study. Below is a sample of the actual worksheet we gave to sales reps. This is critical to the success of the study. The study told us this customer needed to reprioritize time in several different areas: Internal Email. Expense Reports, Additional Forecasting Reports). Customer Issue Resolution.

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Without Data, We’re Just Salespeople with an Opinion

Crunchbase

A good sales analyst will be able to create accurate forecasts within a 2 percent margin of error. This level of accuracy is not mere chance or luck; it’s the result of taking a data-first approach to sales. It’s even more important to track changes over time and use consistent data (which may date back to 2019) for forecasting.

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The Science of Motivation

Sales and Marketing Management

It’s difficult for us to forecast what will make us happy in the future — and yet we mistakenly believe we can identify it. Scott Jeffrey, PhD, was in graduate school at the University of Chicago when he decided to figure out how academic studies applied to real sales reps in the field. Are Sales Incentives Becoming Obsolete?”

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Four Tips to Tune Your Sales Process in 2013

Velocify

The Ultimate Contact Strategy provides a ready-to-use road map to rev up your sales process in 2013. For many, December means finalizing plans and forecasts for the New Year. And if history repeats, Sales leaders are undoubtedly spending a significant amount of time strategizing on how they’ll hit a bigger number in 2013.

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You Employees are Less Engaged – Here’s Why

LevelEleven

In fact, the same study found that organizations, where more than half of reps report feeling engaged , are nearly twice as likely to meet their quotas. Some sales leaders assign their team quotas and manage based upon spreadsheets and forecast reports. Most sales reps are money-motivated, so quota makes sense.

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