But for a technology that’s been around for nearly two decades — since Siebel Sales Analytics launched in 2003 — it hasn’t changed much. Yes, Qlik, Tableau, Looker, and other BI dashboards provide great visibility into sales performance, helping sales leaders understand the performance of each member of their team. But as helpful as these offerings have been, overall sales performance in B2B companies has not tremendously improved.
According to the CRM vendor Hubspot, sales teams achieve close rates of 19%, whereas best-in-class companies can close 30% of their deals and more. Forrester analyst Seth Marrs noted that average sales quota attainment has dropped from 63% to dismal 43% by some estimates.
With all this visibility, why haven’t we managed to achieve real breakthroughs in our sales performance?