How sales reps are staying at the top of their game

 
 

The Opportunity for Responsible Business:

Ethics, Human Rights, and Technology in the Fourth Industrial Revolution

As technology transforms every facet of society, there is an increasing focus on societal impact. Today’s consumers shop with their values, and look for companies with ethics at their core.

 

CONSUMERS SEE HUMAN RIGHTS AS A BUSINESS IMPERATIVE

90% of consumers believe companies have a responsibility to improve the state of the world

87% of consumers believe companies have a responsibility to advocate for human rights

 

GOOD ETHICS IS GOOD BUSINESS

% of consumers who:

Are more loyal to companies that demonstrate good ethics 86%

Would consider not buying from companies that demonstrate poor ethics 75%

Spend more money with companies that demonstrate good ethics 69%

 

TECHNOLOGY CAN HELP OR HARM SOCIETY

% of consumers who are concerned about emerging technology’s potential to bring:

Misinformation 93% 
Surveillance 91%
Job losses 88%
Threats to democracy 85% 
Damage to the natural environment 83%
Increased/widened inequality 77%

67% of consumers say technology is neither good nor bad — how it’s used is what matters

81% of consumers believe emerging technology can make the world a better place

 

Base: 2,403 consumers in the United States.
Source: Business and technology ethics survey, Salesforce Research, October 2018.

Sales reps: Retooling for the new normal 

 

Adaptation is key in response to COVID

  • 79% of sales reps say they had to quickly adapt to new ways of selling and 

  • 58% of sales reps expect their role to change permanently

 

Changes hit outside reps particularly hard

71% of inside sales reps are confident in their ability to close deals in the current environment vs. 54% of outside sales reps

 

Leadership wants more alignment and visibility on sales reps’ activity

67% of salespeople say enforcement of activity logging is stricter than 2019

 

But many reps still operate with a fair bit of autonomy:

56% of organisations: flexibility and autonomy

44% of organisations: defined processes and protocols

 

Automation is helping some reps pull ahead of the pack

Companies where the following is automated:

 

Managing admin tasks:

  • High performers: 66%

  • Underperformers: 41%

 

Prioritising leads/opportunities:

  • High performers: 64%

  • Underperformers: 30%

 

Determining what actions to take next:

  • High performers: 63%

  • Underperformers: 27%

 

Insight selling is driving more sales

 

High performers are 

  • 2.4x more likely to monitor customer purchase history 

  • 2.9x more likely to monitor competitive behaviour

  • 4.5x more likely to monitor customer staff changes

than underperformers

 

To find out more, download the fourth edition of the State of Sales.