Contents
61% of marketers rank lead generation and traffic as their number one challenge.
HubspotJust 8% of salespeople say that their marketing teams generate high-quality leads.
HubspotMore than 75% of companies are providing more than 25% of their sales reps’ leads.
Sales Insights LabThe best-performing sales reps use LinkedIn 6 hours a week for prospecting and connecting with peers.
BlenderThe average company loses 10-30% of its customers each year.
BrevetOutsourcing lead generation generates 43% better results than in-house lead generation.
Startup Bonsai80% of new leads never translate into sales.
InvespcroIn 2019, companies in the U.S. spent $2.6 billion on digital lead generation advertising spending.
StatistaCompanies that excel at lead nurturing have 9% more sales reps making quota.
HubspotBusinesses that use marketing automation to help nurture prospects see a 451% increase in qualified leads.
PropellerNurtured leads tend to result in an additional 20% more sales opportunities.
PropellerNurtured leads spend 47% more than non-nurtured leads.
PropellerLead nurturing emails have an average click-through rate (CTR) of 8% compared to general emails, which have a CTR of 3%.
Hubspot78% of decision makers report having arranged an appointment or attending an event as a result of a cold email or call.
HubspotHigh-growth organizations report an average of 16 touch points per prospect within a 2–4 week span.
The Pipeline63% of prospects who request information today will not buy for at least three months. 20% of them will take more than 12 months to buy.
Marketing DonutBuyers state that 58% of sales meetings aren’t valuable, and that there should be a greater focus on the value you can deliver them.
Rain Group69% of buyers state that providing primary research data that’s relevant to their business influences them to connect with a sales rep.
Rain Group54% of buyers want a product demo on the first call.
Hubspot58% of buyers want to discuss pricing in the first sales call, but only 23% of reps want to discuss it with them.
HubspotAccording to buyers, the three most important elements of a positive sales experience are a sales representative who 1) listens to their needs, 2) isn’t pushy, and 3) provides relevant information.
HubspotSales teams are two times as likely to prioritize leads based on data analysis of “propensity to buy” rather than on intuition.
Salesforce38% of sellers have closed $500,000 deals without ever meeting the buyer face to face.
LinkedIn70–80% of B2B buyers prefer remote meetings or digital self-service over in-person meetings.
McKinsey & CompanyHalf of buyers say that working remotely has made the purchasing process easier.
LinkedInInside sales roles increased by 7% from 2015 to 2019.
SalesforceAlmost 60% of salespeople think it’s harder to sell virtually than from an office.
Salesforce41% of sales leaders report that their customers desire more digital communication.
Zendesk38% of sales leaders say their customers want to buy through e-commerce stores.
ZendeskOutside sales calls cost $215–$400 per call on average, while the average inside sales call costs $50.
PointclearField reps spend 3% more time selling than their inside sales counterparts.
Forbes87% of salespeople say it’s still critical to connect with customers in person.
Salesforce72% of outside sales representatives are men and 29% are women.
Zippia90% of buyers say they have attended industry events and conferences to connect with salespeople and check out products.
LinkedIn40% of sales reps say that prospecting is the most challenging part of their job.
HubspotJust 13% of prospects believe a sales rep understands their needs.
BrevetWhile 50% of sales reps state they avoid being pushy when approaching buyers, 84% of buyers felt this wasn’t the case.
Hubspot9 out of 10 of companies use two or more sources of contact data to learn more about prospects.
GartnerOnly 19% of buyers want to connect with sales reps during the awareness stage of the sales cycle; 60% of them want to wait until they reach the consideration stage.
Hubspot50% of prospects aren’t a good fit for what you sell.
Sales Insights LabOnly 24% of sales emails are opened.
Gartner77% of respondents said that their company provides at least a quarter of their leads.
Sales Insights Lab3 out of 4 top sellers always conduct research before reaching out to prospects.
LinkedInIn one study, using a CTA button in place of a link increased the CTR by 28%.
Campaign MonitorThe ideal length of a sales email is between 50 and 125 words.
BoomerangIncluding questions in emails increases response rates by 50%.
Boomerang47% of emails are opened or discarded based solely on their subject line.
InvespPersonalizing subject lines can increase open rates by 50%.
Marketing DiveLess is more — one study found that click-through rates increased 42% when the number of CTAs in an email decreased from four to just one.
MarketingSherpaShorter subject lines are better — the average open rate for a subject line longer than 5 words is less than 50%.
YeswareLanguage that conveys urgency is effective for subject lines. “Meeting today” has an open rate of 71%, and “today’s call” has an open rate of 50%.
YeswareWriting your subject line entirely in upper case significantly reduces response rates by 30%.
BoomerangOffering recipients a way out doubles the chance of them saying yes.
Research GateWriting at a third-grade reading level increases response rates by 36%.
BoomerangPersonalized emails with custom snippets have a response rate of 17%, while those that don’t have a response rate of 7%.
WoodpeckerBased on various studies, the best times to send an email are between 6 and 10 a.m., at 2 p.m., or at 8 p.m.
Coschedule70% of salespeople give up if they don’t receive a reply to their first email.
YeswareEmail marketing yields an average ROI of 4,300%.
Forbes8 out of 10 prospects want to talk to sales reps via email over any other medium.
HubspotThe best day to send an email is Tuesday.
CoscheduleThe average open rate for emails across all industries is 37%.
HubspotEmail is almost 40 times more effective at acquiring new customers than Facebook and Twitter combined.
McKinsey & CompanyB2C sales emails see higher open rates than B2B sales emails. B2C open rates are between 31% and 35%, while B2B emails have an average open rate of 30%.
HubspotConsumers aged 25 to 34 spend the most time in their inboxes (6.4 hours per day).
Adobe81% of people prefer to open emails on their smartphones.
Campaign MonitorThe average email open rate across different industries is 21%.
MailchimpProspect lists with 1–200 people lead to a higher average response rate than longer lists.
WoodpeckerEmail marketing has a two times higher ROI than cold calling.
MarketingSherpa41% of marketers say that effective one-to-one outreach was the main factor behind successful qualified lead generation for their B2B business.
StatistaThe best time to call your prospects is between 4 and 5 p.m.
Call Hippo88% of sellers engage in warm calls, and 46% conduct cold calls.
LinkedIn85% of prospects are dissatisfied with their experiences of talking to sales reps on the phone.
SalesforceThe ideal length of a voicemail message is between 20 and 30 seconds.
HubspotIn one study, 41% of salespeople said that the phone is still the most effective tool in sales.
Sales Insights Lab92% of all customer interactions take place over the phone.
Brevet75% of prospects in the C-suite are happy to take sales calls (compared to 64% of directors and 59% of managers).
HubspotYou’re 46% more likely to successfully connect with a director when dialing a direct dial number…
Marketing Profs…and you’re 147% more likely to successfully connect when calling a VP’s direct line.
Funnel Clarity82% of buyers accept meetings with sellers who proactively reach out to them.
Rain Group80% of sales require five follow up calls.
InvespIn one study, 41% of salespeople said that the phone is still the most effective tool in sales.
Sales Insights LabIn successful cold calls, reps spend 55% of the time talking and owning the conversation, while in unsuccessful calls, reps spend 42% of the time talking.
Gong47% of top sales performers ask for referrals consistently, while only 26% of non-top performers ask for referrals.
Sales Insights LabReferral leads have a 30% higher conversion rate than leads from any other channel.
Invesp92% of consumers trust referrals from people they know.
NielsonPeople are 4 times more likely to buy when they are referred by a friend.
Nielson65% of companies’ new deals come from referrals.
EntrepreneurThe average lifetime value of a referred customer is 16% higher than that of a non-referred customer.
UPenn84% of B2B buyers start the purchasing process with a referral.
Harvard Business Review58% of salespeople ask for fewer than one referral per month, while 40% rarely ask.
Sales Insights Lab79% of salespeople who sell over social media outperform those who don’t use social media.
Forbes82% of buyers are more likely to consider a brand if their salesperson has a built out LinkedIn profile.
LinkedIn74% of sellers said they wanted to expand their LinkedIn network in 2021.
LinkedIn70% of sales professionals are most active on LinkedIn compared to other social media.
LinkedIn73% of sales reps that leverage social selling exceed their quota 23% more often than their counterparts.
Propeller75% of B2B buyers and 84% of C-level executives use social media to make purchasing decisions.
International Data Corporation48% of salespeople never make a follow-up attempt.
InvespA campaign with even one follow up converts 22% more prospects.
Woodpecker90% of emails that received replies were replied to within one day after they were opened.
YeswareEmail campaigns with 4–7 emails in a sequence have a response rate that’s three times higher than campaigns with 1–3 emails.
WoodpeckerFollow-up emails often get a better response rate than the initial email. One study saw a 30% response rate to the first email and 14% to the 4th. Even the 10th email in the sequence got a 7% response rate.
YeswareJason Zook, founder of the now-dissolved IWearYourShirt, generated about 75% of successful deals from follow-up emails.
Inc75% of buyers want to receive 2–4 phone calls before a company gives up. Only 12% would want a company to try as many times as it takes to get a hold of them.
Invesp57% of people say they would be encouraged to make a purchase from a salesperson who doesn’t try to apply pressure or hassle them when following up.
Invesp92% of salespeople give up after four “no’s,” but 80% of prospects say “no” four times before they say “yes.”
Marketing Donut36% of salespeople say that closing is the hardest part of their job.
HubspotBest-in-class companies close 30% of sales qualified leads while average companies only close 20%.
Point ClearBetween 30–50% of sales go to the vendor that responds first.
Inside Sales38% of salespeople say getting a response from prospects is becoming increasingly more difficult.
HubspotUsing the word “discount” decreases the odds of successfully closing a sale by 17%.
GongThe average salesperson’s close rate is less than 20%.
Hubspot35% of sales reps say the same about closing a sale.
Hubspot71% of sales professionals’ top priority is to close more deals.
Hubspot55% of sales reps say budget is the most common reason a promising deal falls through.
Sales Insight Lab70% of B2B decision makers are open to making new, self-serve or remote purchases greater than $50,000. 27% say they’d spend more than $500,000.
McKinsey & Company88% of B2B customers only buy once they see the salesperson as a trusted advisor.
LinkedInB2B customers use 10 different channels during their decision-making process.
McKinsey &CompanyIn 2021, 41% of respondents said that effective outreach was the main factor behind successful qualified lead generation for their B2B business.
Statista55% of B2B buyers search for information on social media.
Blender84% of B2B buyers start their buying search with a referral.
Influitive77% of B2B buyers say that their latest purchase was complex or difficult.
Gartner50% of B2B sellers say that ease of use is one of the most important factors when selecting online sales channels.
Statista77% of B2B decision makers prefer meeting via videoconference than over the phone.
McKinsey & CompanyB2B buyers rated competitive pricing as the top factor of importance.
Accenture53% of marketers reported that inbound marketing gave a higher ROI, while only 16% reported that outbound did.
HubspotInbound marketing provides 59% of the highest-quality sales-qualified leads.
HubspotOver half of B2B buyers rely on content to research their buying decisions.
Demand Gen Report47% of buyers view 3–5 pieces of the company’s content before talking with a sales representative.
Demand Gen Report81% of marketers who think their company’s marketing strategy is effective primarily rely on inbound marketing.
Hubspot3 in 4 B2B marketers use sales team feedback to research their target audience for content marketing.
Content Marketing Institute73% of B2B buyers viewed a case study during their research.
Demand Gen Report56% of businesses wanted to increase their spend on content creation in 2018.
Content Marketing InstituteOnly 18% of marketers say that outbound practices provide the highest quality leads for their team.
Hubspot52% of outbound marketers say their marketing efforts are ineffective.
Iron Paper83% of salespeople still think it’s critical to connect with customers over the phone.
SalesforceIt takes an average of 18 calls to connect with a buyer.
GartnerThe best-performing sales organizations are twice as likely to provide ongoing training for their sales teams compared to low-performing ones.
HighspotThe most sales training time is spent on knowledge training (39%), followed by strategy training (22%), skills (20%), and tools training (19%).
ATD40% of salespeople don’t get the training they need to successfully sell virtually.
SalesforceIn the U.S., companies spend $15 billion each year training sales employees.
LinkedInThe average company spends $10–$15K hiring a sales rep but just $2K a year training them.
The product-based sales training market share is expected to increase by $1.66 billion USD from 2020 to 2025.
TechNavioFor every dollar a company invests in training, they receive around $4.53 in return — an ROI of 353%.
HighspotIt takes at least 10 months for a new sales rep to reach their full potential.
BrevetWithout ongoing learning, employees forget 70% of training within 90 days.
Learning Solutions8 in 10 high-performing sales teams rate their sales training process as outstanding or very good.
Salesforce17% of salespeople did not attend college.
Hubspot46% of salespeople didn’t intend to go into sales.
HubspotThe top 3 metrics used to measure salesperson performance are activity quantity (37%), customer satisfaction (33%), and team quota met (32%).
LinkedInThe number of Sales Ops professionals worldwide increased by 38% between 2018 and 2020.
LinkedInCustomer success and sales enablement roles have grown more than 200% in the last two years.
LinkedInAccording to Indeed, the average base salary for sales representatives in the U.S. is $69,754.
IndeedNearly 13% of all the jobs in the U.S. (1 in 8) are full-time sales positions.
BrevetOver half (52%) of sellers say that they want to work remotely 50% of the time.
LinkedInIn one survey, 24% of salespeople reported that they majored in business in college.
HubspotThe top sales tech sellers are using customer relationship management (CRM) tools (50%), sales intelligence (45%), and sales planning (42%).
LinkedIn18% of sales reps do not know what a CRM is.
Hubspot97% of sales professionals say that their CRM system is important or very important to closing deals.
LinkedIn83% of salespeople say that an integrated CRM makes sales a more appealing career path.
Salesforce91% of sellers use sales tech once a week.
LinkedInSalespeople spend 18% of their time in CRM.
ForbesNearly half of salespeople say that incomplete data is one of their biggest challenges.
LinkedIn91% of organizations with more than 10 employees in their workforce use CRM systems.
Grand View Research26% of buyers also want pipeline and funnel monitoring from their CRM software.
Software AdviceThe global customer relationship management market is projected to grow from $64 billion in 2022 to $146 billion by 2029, at a CAGR of 13%.
Fortune Business InsightsThe top desired CRM features are contact management, tracking interactions, and scheduling.
Software AdviceLess than half of sales reps have access to data insights on customer propensity to buy but 85% of those who do say it makes their job more effective.
SalesforceSales teams only spend around 34% of their time actually selling.
Salesforce25% of data in a typical sales database is inaccurate.
Internal ResultsHigh-performing companies are twice as likely as underperforming companies to describe their sales processes as automated.
Velocity45% of sales teams state excessive administration tasks hinder their productivity.
ProcessSales teams spend 64% of their time on non-selling tasks like administration, service, travel, and training.
SalesforceInaccurate contact data wastes 27% of sales reps’ time each year.
LeadJen40% of sales reps still use tools like Outlook or Excel to store customer and lead data.
HubspotData decays at around 2% a month. This means that 20% of your data will be unusable within a year.
B2B MarketingHigh-performing sales teams are 2x more likely to embrace guided selling.
SalesforceThe average company loses 12% of its revenue as a result of inaccurate data.
Internal Results77% of sales professionals say their organization is planning to invest more in sales intelligence tools.
LinkedIn32% of sales reps spend an hour or more on data entry every day.
Hubspot63% of sales team leaders say that virtual meetings are just as or even more effective than face-to-face meetings.
Hubspot63% of sellers say that they always put the buyer first, but only 23% of buyers agree with that.
LinkedIn60% of sales professionals say that collaborative selling increases productivity by over 25%.
SalesforceOver 4 in 5 buyers would rather buy from a more diverse sales organization than a less diverse organization, even if they have equal offerings.
LinkedIn89% of salespeople say that today, sales is more about listening to the customer than talking to the customer.
SalesforceThe average company loses 10–30% of its customers each year.
Brevet61% of sales reps believe selling is harder than it was 10 years ago.
Sales Insights Lab66% of sales teams track customer satisfaction as their top KPI.
Salesforce86% of sales managers say that the ability to cope with change is more important than it was five years ago.
LinkedInAI adoption in sales teams is forecasted to grow 139% over the next three years.
Salesforce51% of sales leaders focus on increasing customer retention through deeper relationships.
SalesforceBuyers’ top 3 deal-killers from sales reps are: misleading information (48%), not understanding their company’s needs (44%), and not understanding their own product or service (43%).
LinkedIn91% of companies agree that their current sales model is as effective or more effective than it was before the pandemic.
McKinsey & CompanyHigh-performing sales teams are 1.5x more likely to base forecasts on data-driven insights.
Salesforce77% of salespeople say that collaborative selling with other departments (marketing, service teams) is important.
Salesforce67% of managers say that managing a remote sales team is more challenging than expected.
LinkedIn50% of sales teams leverage data to produce timely, accurate forecasts — only 16% rely on gut feelings.
SalesforceAlmost 90% of buyers are more likely to consider a brand if the salesperson challenges their way of thinking.
LinkedIn