Introduction
The method that consumers discover, investigate, locate, and purchase a product has evolved significantly during the last ten years. Today, over 90% of shoppers do their research online before making a purchase.You must comprehend the patterns in the sales data for 2022 if you want your business to remain relevant.
Making the most of your sales and marketing plan will enable you to succeed in 2022, so make sure to keep up with trends and learn the statistics.
The unsettling realities that sales teams must face on a daily basis are reflected in these sales statistics. These errors could be costing you or your company money and lost productivity hours. Don’t consider these statistics to be the last word on selling. Instead, allow them to provide you with fresh approaches to old challenges.
Most popular sales statistics:
- 20% of salespeople generate 80% of the total sales. The prospects that the losers give up on are sold to by the victors.
- After the fourth call, 92% of salespeople give up, but prospects must decline four times before they finally accept an offer.
- The typical salesman makes 209 cold calls before setting up one appointment or receiving a referral.
- What do customers expect from salespeople? “Listen to my needs,” say 69%.
- Positive sales professionals outperform negative ones by 57%. Even though pessimists are better at selling, that is still true.
- By 2021, 85% of all business interactions will be handled by customers without ever involving a human based on Gartner Customer 360
- If you contribute enough, you can receive anything you want.
Social selling statistics:
- 54% of salespeople can link their concluded transactions to their use of social media.
- Concerned social media will consume all of your free time? Less than 10% of the time is spent on social media by 50.1% of salespeople.
- Video is supreme. Engagement rates for posts with videos can reach 50% or higher.
- 96% of consumers want more interaction with top business figures. They frequently look for it on Twitter.
- Compared to non-users of social media, buyers often have budgets that are 84% large.
- In the upcoming 12 months, 74.9% of businesses that employ social selling will expand their sales teams.
- Ninety percent of top performing sellers incorporate social media into their sales plan.
Cold calling statistics:
- It takes the typical salesperson 7.5 hours of cold calling to set up one appointment or referral.
- Among calls that are actually answered, 1 in 59 results in an appointment or referral.
- The best time to make cold calls is between 10am and 2pm least powerful after 5:00pm
- The day after they are sent, 91% of cold emails are opened.
Inside sales representatives typically have 6.6 conversations every day.
- Higher quota attainment directly correlates with more chats each day.
- 90% of CEOs claim they never respond to telemarketer calls or emails.
- The typical salesman makes 209 cold calls before setting up one appointment or receiving a referral.
Sales conversion rate statistics:
- The majority of online shops see sales conversion rates of 5% or less.
- 6% conversion rate for clothing and fashion retailers
- 6.5% of visitors to catalogue websites convert
- Sales conversion rate for specialty websites: 7.3%–8.8%
- Outdoor and sporting websites: 4.8% to 5.1%
- Websites for software: 3.6%–4.2% .15% for art and collectibles
Sales closing statistics:
The close rate for electronics sales professionals is 22% on average.
- In 63% of all sales contacts, the salesperson does not request the transaction.
- Although 60% of transactions occur after the fifth try, 96% of salespeople give up after the first four.
- If you assist enough others in achieving their goals, you will be able to obtain anything you desire.
- Using the phrase “Show you how” more than four times in a single sales call reduces closing rates by 13%.
- The word “discount” reduces close rates by 17%.
- Be cautious when using your corporate name.
In a single sales call, using it more than four times will decrease close rates by 14%.
Direct sales statistics:
70% of Americans say they want to be able to physically test out things.
- In the US, there are 20 million direct sellers.
Since 2011, that amount has increased yearly by 2% to 50%.Women make up 74% of direct sales representatives 26 % are men.
- The $34.4 billion direct selling market has increased by 1% to 6% year since 2010. Direct sales professionals earn more money and have more knowledge than the ordinary American.
- This year, more than 50% of consumers plan to purchase through a direct sales representative.
- More than 5 million direct sales professionals are setting up their own independent companies.
- 4.5 million direct salespeople work part-time, and 800,000 of them work full-time.
More than 15 million sell to obtain special offers on goods or services.
Conclusion
Knowing how you stack up against the competition is beneficial.
Sales statistics such as those in this article can be useful. It’s useful to be aware of how top salespeople use their time as a sales professional. (For instance, the majority of top salespeople use social media and CRMs.
They develop relationships and are persistent.) Making a costly error can be avoided by being aware of what the underperformers do.