Infographic produced in collaboration with SellingPower.com illuminating seven common obstacles in the way of sales productivity, and solutions you can implement to overcome them.
2. 1. SALESPEOPLE SPEND TOO MUCH TIME
ON NON-SELLING ACTIVITIES
CHALLENGE: 65% of salespeople’s time is
spent on non-selling activities
RESEARCH: Sirius Decisions
SOLUTION: Minimize the
time sales professionals
spend doing research and
chasing data – provide
them with more and better
information about their
customer relationships.
65%
A Infographic sponsored by Pramata®
3. 2. SELLERS ARE POORLY PREPARED FOR
CUSTOMER CONVERSATIONS
CHALLENGE: 58% of buyers say that
salespeople can’t answer their questions
effectively.
RESEARCH: Cahner’s Research
SOLUTION: Ensure salespeople
have complete, accurate and up-to-
date information to prepare for and
engage in meaningful conversations.
Timing is key: salespeople need the
right information at the right moment
and the right stage of the customer
conversation.
58%
A Infographic sponsored by Pramata®
4. 3. SALES REPS’ FORECASTS ARE
CHRONICALLY OVERSTATED
CHALLENGE: Only 45.7% of forecasted
deals close
RESEARCH: CSO Insights
SOLUTION: Arm your sales
team with accurate and up-to-
date information about what the
customer has purchased and paid
for, renewal dates, T’s & C’s to
improve forecast reliability.
45.7%
A Infographic sponsored by Pramata®
5. 4. MORE BUYERS SELF-EDUCATE
CHALLENGE: By 2020 just 15% of the
interactions between businesses will
involve humans
RESEARCH: Gartner Group
SOLUTION: Create a two-part
strategy: One, invest in technologies
that help buyers get the information
they need to make informed
decisions. Two, invest in solutions that
ensure your sales team has complete,
accurate and up-to-date information
about every dimension and facet of
the customer relationship.
15%
A Infographic sponsored by Pramata®
6. 5. LOW RETENTION LOWERS PRODUCTIVITY
CHALLENGE: A five percent increase
in customer churn can impact your
profitability as much as 75 %
RESEARCH: Bain & Company
SOLUTION: Identify,
monitor and manage
the metrics that drive
customer satisfaction and
retention. Rethink how
you engage current
customers and improve
user adoption.
75%
A Infographic sponsored by Pramata®
7. 6. SALES GROWTH DEPENDS ON
DEVELOPING THE SWEET SPOT WITHIN
YOUR CUSTOMER BASE
CHALLENGE: 80% of your company’s
future revenue will come from 20% of
your existing customers.
RESEARCH: Gartner Group
SOLUTION: Track the top 20%
of your customer base and
build programs to deepen your
connections and expand your
relationships within these high
revenue generating accounts.
80%
A Infographic sponsored by Pramata®
8. 7. FOCUSING ON NEW CUSTOMERS AT THE
EXPENSE OF CURRENT CUSTOMERS CAN
LOWER PRODUCTIVITY
CHALLENGE: It requires more sales
resources and costs 5x to acquire a
new customer than to keep a current
customer.
RESEARCH: Lee Resource Inc.
SOLUTION: Help your sales team
be more productive and retain
more customers by providing
them with a 360-degree view of
the customer and the tools to
engage her.
5x
A Infographic sponsored by Pramata®