Sometimes, it takes the cold, harsh truth to burst your cozy bubble.
And sometimes, it takes 39 cold, hard facts.
These sales stats reflect uncomfortable truths that sales teams deal with every single day. You or your team might be losing hours of productivity—and money—due to these mistakes.
Don’t treat these stats as the final law on selling. Instead, let them inspire you with new ways of solving problems.
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Email can be every salesperson’s best friend, but too often it’s used incorrectly. Some people don’t know how to cold email effectively. Other people don’t spend enough time on what’s possibly the most crucial element of an email—the subject line. And others need to send that unresponsive prospect a breakup email.
These stats prove that email can be much more powerful if you do it right.
1. Email is 40 times more effective at getting new customers than Facebook and Twitter combined. — McKinsey
Email is an incredible medium, but it eats up time if you don’t do it right. Make use of templates and personalized messages, which you can do right from Close.io’s interface.
2. Email marketing has 2x higher ROI than cold calling. —MarketingSherpa
You read that right. Email is twice as powerful as cold calling, so make the most out of your emails. Close.io can send emails from inside the app, so no more screen-juggling.
3. 35% of email recipients open emails based on the subject line and nothing else. — Convince and Convert
First impressions can make or break a potential sale. Tell people right away that you’ve got something worth their time by writing effective subject lines.
4. 43% of email recipients mark emails as spam based only on the email address. — Convince and Convert
Even if you’re sending a message from a legitimate email, people may still think it’s spam, so think carefully when sending a message.
5. 35% of professionals read emails on a mobile device. — Convince and Convert
Short and sweet wins when it comes to mobile. You can save short templates in Close.io and send them with a single click.
6. Subject lines with the recipient’s name are 2.6% more likely to be opened. — Retention Science
Personalized subject lines also help to create rapport.
7. Using words like “report,” “learn,” and “book” in email subject lines makes the reader less likely to open them. — Adestra, 2013
Surprisingly, not all B2B professionals want to see hard fact after hard fact. Give them something juicy and practical.
8. The best time to email prospects is between 8:00 A.M. and 3:00 P.M. — GetResponse
That’s a whopping seven-hour window. Take advantage of it. Nail that winning cold email, and set reminders for yourself to follow up.
The phone call has been the backbone of sales for decades, and it’s still a driving force. But it’s not easy. Not everyone is a cold calling pro who knows how to immediately capture a prospect’s attention on the phone.
Here are some revealing stats to help you optimize your calling processes.
9. 92% of all customer interactions happen on the phone. — Salesforce
Email is great, but sometimes, nothing beats talking one-on-one with your prospect. Become an expert at cold calling, and reap the benefits.
10. 75% of surveyed executives are willing to make an appointment or attend an event based on a cold call or email alone. — DiscoveryOrg
Make your prospect an offer they can’t refuse, and never underestimate the power of the cold call or email. If you’re not doing outbound sales, read this post to help you decide whether you should focus on inbound or outbound.
11. 85% of prospects and customers are dissatisfied with their on-the-phone experience. — Salesforce
When you’re on the line with a prospect, you can’t take any chances. Having everything that relates to the current prospect right in front of you will make the call easier and more productive. Our sales communication platform automatically displays the entire conversation history and context around this deal on the lead page when you’re speaking with them.
12. In 2012, the average voice mail response rate was 4.8%. —InsideSales
Lesson learned: Get your leads on the phone. Address their needs in real time.
13. Sales reps spend about 15% of their time leaving voicemails. —Ringlead
That’s 15% more time you could spend making sales. Close.io’s streamlined interface gives you the ability to leave pre-recorded voicemail messages with the click of a button. You can hang up the call and have Close.io dial the next number while it leaves the voicemail for you.
14. The average sales rep makes 52 calls every day. — The Bridge Group
If you’re making 52 calls every day, they better be damn efficient. Make the most out of your calls with the best sales software. Some of our customers are making 200+ calls per rep a day (read more about how they’re doing this).
15. If you call a lead in the first 5 minutes after they’ve submitted a web form, they’re 100x more likely to get on the phone. — InsideSales
Leverage this powerful fact. Track your leads’ web form activity, and you’ll be rewarded with your speed and attention.
16. 42% of sales reps feel they don’t have enough information before making a call. — Lattice Engine
We like having all of the information we need right in front of us when we make a call—which is exactly what our sales software does. Whether you are the one initiating the call with just one mouse click from within Close.io or your prospect is calling you on your dedicated Close.io number, the entire conversation history and information about the opportunity is right in front of you.
If there’s one thing that too many sales reps suck at, it’s following up. It’s the same old story—you don’t want to be annoying, so you play it safe. But you need to develop a follow-up strategy that will get you more clients and help you close more deals.
Keep these stats in mind as you’re planning your own follow up strategy.
17. 92% of salespeople give up after four “no’s”, but 80% of prospects say “no” four times before they say “yes”. — Marketing Donut
Expect, accept, and embrace the no.
18. 80 percent of sales require 5 follow-up calls. — Scripted
That’s a lot of follow-up calls and a lot of potential hassle. With Close.io, five calls equals five clicks, and you won’t even have to schedule a reminder. Our workflows and SmartViews ensure that nothing falls through the cracks.
19. On average, it takes 8 follow-up calls to reach a prospect. —Telenet and Ovation Sales Group
That’s, even more, follow-up calls! (But with Close.io, it’s only eight clicks.)
20. 44% of salespeople give up after one follow-up call. — Scripted
There’s no excuse for this. Being persistent will show your lead that you’re serious about closing a deal. Knowing how to follow up correctly will boost your chances of reaching a prospect and landing a sale.
Each year, companies kiss hours of productivity goodbye. They’re too busy entering data and logging activity. The sales team at Foursquare was experiencing this until they tried Close.io. It took them 16 clicks to log a call in Salesforce but only 2 clicks in Close.io. They’re now able to focus more on interacting with prospects and closing deals instead of wasting time with manual data entry.
And if that’s not enough to convince you to up your productivity, these stats will drive home the point.
21. Lost productivity and poorly managed leads cost companies at least $1 trillion every year. — CMO Council
We don’t think you should even lose $1 due to lost productivity. Manage your leads efficiently and stay on top of things with Close.io.
22. 71% of sales reps say they spend too much time on data entry. —Toutapp
Close.io automatically logs all your interactions with prospects and leads. Emails, phone calls are automatically tracked—so you can spend more time closing deals and less time entering data.
23. 42.5% of sales reps take 10 months or longer to become productive enough to contribute to company goals. — Accenture
We built Close.io to combat this stupid loss of productivity. Close.io is intuitive, and our customers get new reps up and running in just one week instead of taking 10 months. And using a simple onboarding hack can get new sales hires up to speed much faster.
24. 68% of companies struggle with lead generation. — SalesStaff
Most companies use cumbersome CRMs that, at best, provide clumsy organization. Close.io makes it easy to import leads and manage your sales pipeline.
25. High-performing companies are 2x as likely as underperforming companies to describe their sales processes as automated. — Velocify
A world-class CRM can make all the difference.
26. 50% of sales time is wasted on unproductive prospecting. — The B2B Lead
When you’re prospecting, you need to target a specific type of customer. Ask yourself who your ideal customer is. Then, generate leads based on that profile.
27. Only 33% of a sales rep’s time is spent actively selling. — CSO Insights
Manage your time and leads more wisely. Using a first-rate CRM (a cough, Close.io, cough) will allow you to track everything you need to, all in one place. Stay focused on interacting with your prospect instead of doing busywork.
28. Sales reps who use social selling are 50% more likely to meet or exceed their quota. — InsideSales
LinkedIn is especially powerful for B2B social selling. Just don’t do social sales the wrong way.
29. Only 60% of sales reps meet a quota. — CSO Insights
Why? Because sales reps are working with clumsy CRMs and managing their time poorly. Don’t let it happen to you.
30. 87% of workers are not actively engaged in their jobs. — Gallup
Ask yourself, honestly: Is this your company? If so, you need to make some serious productivity improvements.
31. 65% of sales reps say they can’t find content to send to prospects. — Kapost
Having a conversation history that gives you context around each lead makes it easy to identify relevant content.
We don’t leave any stone unturned. These stats cover everything from the importance of referrals to the necessity of value, and they’re as eye-opening as the past 31 have been.
32. 91% of customers say they’d give referrals, but only 11% of salespeople ask for them. — Dale Carnegie
A referral can be the gateway to the next deal. Give value to your customers, and then ask them for a referral. Why should you do this? Because …
33. 84% of B2B decision-makers start their purchase with a referral. — Edelman Trust Barometer
So get referrals.
34. Increasing client retention by as little as 5% can boost profits by as much as 95%. — Bain & Company
How do you increase client retention? By constantly proving your worth and staying in contact with your clients. Close.io makes it easy to stay up-to-date with your clients.
35. Thursday is the best day to prospect. — Hubspot
Every day is also the best day to prospect.
36. 50% of websites get only 15 seconds of attention. —MarketingProfs
Does yours stand out? Get honest feedback and use it to improve your site.
37. 44% of buyers feel that only 25% of their providers help them maximize their value. — Gartner
If you’re not maximizing value for your buyers, you could be on the way out. Constantly deliver the value that your buyers deserve.
38. 74% of buyers chose the company that was the first to add value. —Corporate Visions
At the risk of beating a dead horse—give your buyers value!
39. 82% of prospects can be reached via social media. —Sergey Gusarov
If calling and emailing hasn’t helped you reach a prospect, sending them a quick message on social media might do the trick. With our Clearbit integration, you can auto-populate social media profiles for all your leads in Close.io.
If you found yourself wincing in recognition at any of the 39 facts above, don’t continue making the same mistakes.