Sales
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AI and Sales
AI in sales by reducing manual processes such as data entry and record keeping in customer relationship management tools. Many research articles suggest that sales representative only spend about a quarter of their time in selling the product or service. AI eases the tedious admin work of sales reps by automating communications, appointments and other core sales activities. AI tools can provide quick customer insights which can provide a better understanding of customer needs that can help build trust and loyalty.Â
What’s more, AI in sales automatically scores the highly profitable accounts giving sales rep the opportunity to prioritize leads. AI tools also help businesses crunch all the sales data about customers, location, past transactions, size and come up with a recommended price. AI helps set pricing that is personalized and time sensitive for each customer based on their profile, increasing the chances of winning the deal. AI also ensures that corporate margins are safeguarded by incorporating pre-approved discount guardrails.Â
A sales forecast is critical for business, and AI increases sales forecast accuracy by providing a real-time view into the health of every deal in the pipeline and helping sales managers know when to advance or park deals.
Regional Outlook (Revenue, USD Billion, 2021 – 2027)
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Germany
- The U.K.
- Asia Pacific
- China
- Japan
- India
- South America
- Brazil
- Middle East and Africa (MEA)
Topics this report will cover:
- Market size from 2019 to 2027
- Revenue Forecast from 2020 to 2027
- Market segmentation and active players
- Market trends and opportunities
- Competitive landscape
- Regional analysis
- Related Industries
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Report Attribute | Details |
Market size value in 2020 | XXXX Bn USD |
Revenue forecast in 2027 | XXXX Bn USD |
Growth rate | CAGR of XX% from 2022 to 2027 |
Base year for estimation | 2019 |
Historical data | 2016-2020 |
Forecast period | 2021 – 2027 |
Quantitative units | Revenue in USD million/billion and CAGR from 2020 to 2027 |
Report coverage | Revenue forecast, competitive landscape, growth drivers, industry segments, trends. |
Segments covered | Type, distribution channel, region |
Regional scope | North America; Europe; Asia Pacific; Central & South America; Middle East & Africa |
Country scope | U.S., U.K., UAE, India, China, Columbia |
Key companies profiled | Market Leaders in each region |
Customization scope | Free report customization (equivalent up to 6 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. Customization based on client specific requirements available. |
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