Welcome!

Agile Computing Authors: Scott Allen, Elizabeth White, Pat Romanski, Karyn Jeffery, Nate Vickery

Related Topics: Microservices Expo, Microsoft Cloud, Open Source Cloud, Agile Computing

Microservices Expo: Article

Can Sales Analytics Improve Your Bottom Line?

New technology gives sales teams the data they need to close the deal

It has never been more important or difficult than it is today for sales people to make sure their messages are reaching their target audience. This is because potential customers are bombarded with a deluge of information everyday. They filter a growing amount of phone calls, scan endless amounts of email, and are often drowned in the constant tide of social media updates, text messages, alerts and reminders. For most salespeople, the once simple task of making sure their message is reaching the right people is now a daunting, seemingly impossible endeavor. Even with the ever-expanding options of communication and analytical tools available to sales professionals, the most well-connected sales teams have difficulty understanding what is working to engage customers and what isn't.

The underlying issue is that it's impossible to know what resonates with customers when they don't provide feedback. And that's exactly the problem sales professionals are up against today. A new generation of sales analytics tools provide a solution because they are designed to give feedback to sales professionals by illustrating what shared information is actually being consumed, by who, from where and when. In short, sales analytics help figure out what works and what doesn't when it comes to engaging with potential customers.

Useful sales analytics are garnered from algorithms that track access to sales materials, interactions with those materials and even re-sharing of materials. This new technology shines a light on an otherwise blind part of the sales process. When sales professionals can access this type of information, it gives them the feedback they long for and the answers to their biggest questions:

  • What information is being looked at?
  • Who is looking at the information?
  • Where are prospects looking at information?
  • When are prospects viewing information?

Answers to the above questions help sales professionals gain invaluable insight as to which sales materials are most helpful at each phase of the sales cycle. With today's sales analytics technology, it's possible to know when a prospect viewed information, what they viewed and if they shared it with anyone else. This equips sales professionals with the data they need to pursue stage appropriate follow-up with prospects immediately after they view sales materials.

Sales analytics also help sales leaders understand how their sales teams are engaging prospects and customers throughout the sales process. According to a recent survey conducted by Forrester Research, sales leaders have poor visibility into where and how their reps and partners sell, with only six percent reporting they were very confident they had accurate visibility into their team's sales process. Over half of sales leaders surveyed reported that they were either "somewhat" or "very" unconfident in the visibility of their sales team's activity. Sales analytics make it possible to stay in the loop on sales team activity from lead follow-up all the way through to close. It's a win-win situation for all sales team members.

Sales analytics are created by a new generation of sales engagement platforms. A sales engagement platform is a selling tool for direct and channels sales professionals that focuses on creating, measuring and analyzing online engagement between sales professionals and customers or prospects. Incorporating a sales engagement solution is the first step towards a more highly integrated sales division that can eventually lead to predictive sales forecasts and insightful employee training.

In today's sales ecosystem, barriers or "silos" form within organizational departments, most typically between the marketing and sales teams. These silos prevent effective communication between the departments causing inefficiency and departmental isolation within companies. Sales engagement solutions contribute to interdepartmental collaboration through the use of communication tools, workspaces, shared materials and shared data. If the marketing team has found success through one tactic, that helpful information is shared directly to the sales team through the engagement platform. In this way, company-wide analytics show what's really working to engage customers and prospects, taking the unnecessary guesswork out of the equation and leading to a more efficient sales process.

Some useful sales engagement platforms are:

When using sales engagement analytics, teams have the ability to see which people and materials are getting the best results with prospects. With this information, organizations can analyze buyer behavior and optimize their sales processes. Sales analytics eliminate the blind spots between sales leads and the close of a sale enabling sales teams to take the feedback they've received from the engagement analytics and adjust their tactics accordingly. This process of tweaking the sales process based on feedback from analytics leads to a more efficient sales cycle and increases the bottom line.

More Stories By Laura Lilyquist

Laura Lilyquist is a leading technology and marketing expert with a passion for innovation. She is currently Vice President of Marketing at LiveHive, where she is responsible for global marketing strategy, communications, and business planning.

For the past 20 years, Laura has successfully launched and marketed a myriad of first generation technologies across the globe, beginning with Sun Microsystem’s earliest networking products. She played a key role in the revolution of digital video, from marketing early desktop video to deploying a new generation of digital TV. Laura also drove some of the earliest mobile apps as a corporate investor and business developer.

Despite her strong left-brain focus, Ms. Lilyquist keeps her right-brain sharp with her love of design. Whether in fashion, interiors or gardens, she always has a design project underway, mirroring her eye for best form in marketing. She received her B.A. in Applied Mathematics from the University of Wisconsin.

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.


@ThingsExpo Stories
SYS-CON Events announced today that Tintri Inc., a leading producer of VM-aware storage (VAS) for virtualization and cloud environments, will exhibit at the 18th International CloudExpo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that BMC Software has been named "Siver Sponsor" of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. BMC is a global leader in innovative software solutions that help businesses transform into digital enterprises for the ultimate competitive advantage. BMC Digital Enterprise Management is a set of innovative IT solutions designed to make digital business fast, seamless, and optimized from mainframe to mo...
SYS-CON Events announced today that EastBanc Technologies will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. EastBanc Technologies has been working at the frontier of technology since 1999. Today, the firm provides full-lifecycle software development delivering flexible technology solutions that seamlessly integrate with existing systems – whether on premise or cloud. EastBanc Technologies partners with p...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
Companies can harness IoT and predictive analytics to sustain business continuity; predict and manage site performance during emergencies; minimize expensive reactive maintenance; and forecast equipment and maintenance budgets and expenditures. Providing cost-effective, uninterrupted service is challenging, particularly for organizations with geographically dispersed operations.
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discuss how businesses can gain an edge over competitors by empowering consumers to take control through IoT. We'll cite examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He'll also highlight how IoT can revitalize and restore outdated business models, making them profitable...
The essence of data analysis involves setting up data pipelines that consist of several operations that are chained together – starting from data collection, data quality checks, data integration, data analysis and data visualization (including the setting up of interaction paths in that visualization). In our opinion, the challenges stem from the technology diversity at each stage of the data pipeline as well as the lack of process around the analysis.
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management...
Designing IoT applications is complex, but deploying them in a scalable fashion is even more complex. A scalable, API first IaaS cloud is a good start, but in order to understand the various components specific to deploying IoT applications, one needs to understand the architecture of these applications and figure out how to scale these components independently. In his session at @ThingsExpo, Nara Rajagopalan is CEO of Accelerite, will discuss the fundamental architecture of IoT applications, ...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York and Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty ...
As cloud and storage projections continue to rise, the number of organizations moving to the cloud is escalating and it is clear cloud storage is here to stay. However, is it secure? Data is the lifeblood for government entities, countries, cloud service providers and enterprises alike and losing or exposing that data can have disastrous results. There are new concepts for data storage on the horizon that will deliver secure solutions for storing and moving sensitive data around the world. ...
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device. For more information, please visit https://www.mangoapps.com/.
18th Cloud Expo, taking place June 7-9, 2016, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterprises are using some...
SoftLayer operates a global cloud infrastructure platform built for Internet scale. With a global footprint of data centers and network points of presence, SoftLayer provides infrastructure as a service to leading-edge customers ranging from Web startups to global enterprises. SoftLayer's modular architecture, full-featured API, and sophisticated automation provide unparalleled performance and control. Its flexible unified platform seamlessly spans physical and virtual devices linked via a world...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, will provide an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life ...
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects). Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
Join us at Cloud Expo | @ThingsExpo 2016 – June 7-9 at the Javits Center in New York City and November 1-3 at the Santa Clara Convention Center in Santa Clara, CA – and deliver your unique message in a way that is striking and unforgettable by taking advantage of SYS-CON's unmatched high-impact, result-driven event / media packages.
SYS-CON Events announced today that ContentMX, the marketing technology and services company with a singular mission to increase engagement and drive more conversations for enterprise, channel and SMB technology marketers, has been named “Sponsor & Exhibitor Lounge Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York. “CloudExpo is a great opportunity to start a conversation with new prospects, but what happens after the...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit y...