Sales intelligence is the combination of not only business data, but social context, how you’re connected to a lead or prospect, valuable news insight, and real-time triggers that inform you when to take action. In fact, we’re delivering 35 million unique news trigger events to our users a year to help them sell better and generate more revenue.” -Umberto Miletti, CEO of InsideView

1. You are buying lists for your sales team

Last year I was interviewing for a sales position and was analyzed by how well I could cold call a list of 100 low-priority prospects. This would have been fine and dandy if the list wasn’t a year old and 20 of the 100 people had the wrong name or outdated phone number. Think about it…after one year, 1/5 of the list was deemed almost completely useless.

Organizations are changing the way they collect information and contact prospects and customers – 98 percent say they waste their budget each year on inaccurate contact data. (DataMyth.com) With data being poured into in the Internet everyday, there is no way lists of contact information should be cutting it anymore for sales professionals.

The age of lists and phonebooks are over for sales teams. The tools you need are out there on the Internet and sales intelligence can bring it to you all in one package. 

2. Social Selling is not a part of your sales cycle

Marketing should not be the only department interacting through social media – sales teams across the board need to immerse themselves in the social world as well. Buyers are turning to social media for feedback and answers to business challenges. Don’t wait for your phone to ring, generate opportunities by reaching out and answering questions or at least let them know you’re listening.

One of InsideView’s sales representatives sent this tweet the other day:

I know many people are thinking, “So what? It’s just a tweet. And great, they responded.” However, Megan is now on Xata Nation’s radar – they know she is out there listening to their success.

As Koka Sexton likes to say during a lot of his speaking engagements: Be different, Be better.

Potential prospects are on social media asking questions and seeking answers. You need to be out there answering these questions or showing your prospects that you are listening – otherwise your competitors will. Sales intelligence packages social media with contact information so that you are able to sell to the person rather than the business card.

3. You are spending half of your day researching prospects – “I can use search engines to do my research.” 

As a salesperson, you should never be pushing the clock researching prospects or not devoting your fullest efforts to effectively finding the right people prospects. Time is precious in the world of sales but you should never feel overwhelmed by it.

Do you really want to search for a company and get this kind of result?

751,000 is a little dramatic but I think you get the picture. Search engines are great for research but they eat up a lot of time. More than 50% of the average sales professional spends 1/4 of their day researching potential prospects. (Aberdeen)

Consider leveraging technology and sales intelligence so you can cut that amount of time in half and free up some of that precious time to be talking to prospects and customers. If InsideView were to create a contact page for Darth Vader, this is what it would look like. Imagine the sales force you would have selling to a guy like Anakin Skywalker…

4. You are shooting from the hip and not using trigger events

Identifying key triggers or reasons to get in touch with prospects at just the right time is extremely valuable. Barbara Giamanco, EVP Sales and Social Media at Social Centered Selling, wisely pointed out in a recent webinar of ours that timing is everything in sales.

Look at it this way…Give somebody a tissue in the street randomly and they’ll think you might have lost your mind. Give them a tissue after they sneeze and they’ll probably be more inclined to thank you and strike up a conversation.

Sales Intelligence brings you Watchlists that alert your sales representatives of trigger events (leadership changes, mergers, executives in the news, etc.). Imagine the effectiveness of your sales team with trigger events being delivered to each representative on a daily basis.

5. You are not hitting your sales marks

Sales intelligence is heading in the direction of changing the sales cycle forever. Remember how sales was done only a decade ago? Lists of phone numbers, cold calling, mail marketing, dialing for dollars. With today’s social revolution, you now have more weapons at your disposal as a sales professional than ever before. Sales intelligence brings you contact information as well as connections, sales alerts, social platforms and a lot more. Empower yourself with this tool and don’t be left behind.

Check out this graph below. The Best-in-Class companies utilize sales intelligence and see numbers like 28.4% average year-over-year increase in total company revenue.

To see the rest of the incredible results the Aberdeen Group found about sales intelligence, download our whitepaper: Chance Favors the Prepared Mind: Understanding the Science of Sales Intelligence

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