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The State of AI in Sales Development

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Manage episode 423220160 series 3570889
Content provided by Orum. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Orum or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

This special episode of the Bold Calling podcast is an audio version of Orum's new State of AI in Sales Development report.

AI has become a table-stakes aspect of the sales process, as 95% of organizations use AI in sales in some capacity (Salesloft). Sellers agree that it can sharpen their focus as 78% of sales professionals agree that AI can help them spend more time on the most critical aspects of their jobs (Hubspot).

The rise of AI in sales directly correlates with lengthening procurement procedures, with customer acquisition costs rising in the last 12 months (Orum). AI is designed not to replace seller but to optimize how they spend their time. Currently, sellers only spend 28% of their time selling (Salesforce), often spending 25-30 hours weekly on administrative tasks.

AI’s power is dependent on sellers' data enrichment capabilities. It works best to keep humans involved in the sales process rather than eliminate them. This is especially true in more complicated sales processes, where buyers prefer to speak with a human seller when nuance is involved in purchasing.

The future of the seller is directly related to the future of AI. They are intertwined, and while AI will likely replace some sales roles, it will ultimately create a better experience for buyers and sellers alike.

Visit orum.com to see the full report

  continue reading

22 episodes

Artwork
iconShare
 
Manage episode 423220160 series 3570889
Content provided by Orum. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Orum or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

This special episode of the Bold Calling podcast is an audio version of Orum's new State of AI in Sales Development report.

AI has become a table-stakes aspect of the sales process, as 95% of organizations use AI in sales in some capacity (Salesloft). Sellers agree that it can sharpen their focus as 78% of sales professionals agree that AI can help them spend more time on the most critical aspects of their jobs (Hubspot).

The rise of AI in sales directly correlates with lengthening procurement procedures, with customer acquisition costs rising in the last 12 months (Orum). AI is designed not to replace seller but to optimize how they spend their time. Currently, sellers only spend 28% of their time selling (Salesforce), often spending 25-30 hours weekly on administrative tasks.

AI’s power is dependent on sellers' data enrichment capabilities. It works best to keep humans involved in the sales process rather than eliminate them. This is especially true in more complicated sales processes, where buyers prefer to speak with a human seller when nuance is involved in purchasing.

The future of the seller is directly related to the future of AI. They are intertwined, and while AI will likely replace some sales roles, it will ultimately create a better experience for buyers and sellers alike.

Visit orum.com to see the full report

  continue reading

22 episodes

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