Jul 3, 2024

AI

How to Use AI for Sales to Boost Your Bottom Line

How to Use AI for Sales to Boost Your Bottom Line

The use of AI in sales
The use of AI in sales
The use of AI in sales

In today's fast-paced digital landscape, leveraging AI for sales can significantly enhance your bottom line. As discussed in our recent article, The Future of Lead Conversion: The Power of AI-Powered Appointment Setters, AI technology is revolutionizing the way businesses manage their lead conversion processes. This article delves deeper into how AI can boost your sales efforts, introducing Unima's AI voice agent, VAiS, and its capabilities to streamline lead management and follow-up tasks.

What is AI in Sales?

AI in sales involves using advanced algorithms and analytical tools to automate and improve sales operations. By automating repetitive tasks and analyzing customer data, AI helps sales teams work more efficiently and close more deals. Machine learning tools enhance sales forecasting, conduct efficient QBRs, predict customer behavior, and uncover actionable insights.

The Need for Automation in Sales

Sales automation is essential for improving business processes and boosting the bottom line. Gartner analysts predict that by 2026, 65% of B2B sales organizations will transition from intuition-based to data-driven decision-making using technology that unites workflow, data, and analytics. Currently, sales teams spend only about 30% of their time in front of customers, with the rest spent on data entry, meetings, prospecting, and scheduling. AI-powered sales automation frees up time for more productive tasks, increasing opportunities for selling.

Benefits of AI in Sales

Enhanced CRM Adoption

AI tools like People.ai automate CRM data entry, capturing and mapping all sales activities to the right opportunities. This makes the CRM a reliable "single source of truth," encouraging higher adoption rates among sales teams.

Increased Productivity

By automating data logging, AI tools can reclaim 27% of a sales team's time, allowing them to engage more with prospects and close deals.

Data-Driven Coaching

AI facilitates sales coaching by setting goals and tracking all sales activities. Benchmarking data helps identify areas for targeted coaching, enabling each sales rep to perform at their best.

Improved Sales Forecasting

With AI, sales teams can access extensive data for real-time pipeline analysis and trend tracking. This leads to more accurate sales forecasts and insights into the factors driving deal success.

Self-Healing Contact Database

AI continuously updates CRM data, ensuring accuracy and completeness, which is crucial for effective sales strategies.

Better Buying Group Visibility

Understanding the dynamics of buying groups is essential for deal success. AI provides insights into who needs to be involved and when, helping sales teams engage with the right people at the right time.

Leveraging AI with VAiS for Lead Management

At Unima, we introduce our AI voice agent, VAiS, which revolutionizes how businesses handle leads. VAiS can:

  • Follow up with leads to ensure consistent engagement.

  • Qualify inbound leads before booking them into your calendar, saving valuable time.

  • Check in on leads who did not show up, increasing your chances of re-engaging them.

  • Confirm appointments with leads, ensuring they are ready for the scheduled calls.

  • Operate 24/7, making up to 10,000 calls per minute, providing unparalleled efficiency.

VAiS is designed to streamline your sales process, making it more efficient and effective. Learn more about how VAiS can transform your lead management by visiting our home page.

AI's Role in Sales Jobs

Contrary to popular belief, AI is not here to replace sales jobs but to enhance them. AI acts as a powerful assistant, automating tedious tasks and speeding up processes, allowing sales professionals to focus on building relationships and closing deals.

The Future of AI in Sales

The potential of AI in sales is immense. Companies can harness AI today to improve their sales team's efficiency and effectiveness. Tools like People.ai and VAiS are paving the way for a future where sales processes are more streamlined, data-driven, and productive.

Frequently Asked Questions

What are AI and machine learning in sales?

AI and machine learning in sales help manage and predict customer behavior, identify upselling opportunities, automate tasks, and improve forecasting accuracy, ultimately boosting efficiency and reducing costs.

Will AI replace sales representatives?

AI is not meant to replace sales representatives but to assist them by automating repetitive tasks and providing valuable insights, thereby improving overall sales efficiency.

What are some sales AI tools?

  • Data Platform: Translates signals from activities and engaged contacts into the pipeline.

  • Account Management Solutions: Provides a comprehensive view of each account.

  • Opportunity Management Solutions: Analyzes activities and improves pipeline health.

  • PeopleGlass: Consolidates Salesforce updates into a single spreadsheet.

How can AI support sales?

AI supports sales by eliminating manual data entry, boosting CRM adoption, automating tasks to increase productivity, enabling data-driven coaching, and improving predictive forecasting with real-time analysis.

Harness the power of AI to revolutionize your sales processes and boost your bottom line. Visit Unima to learn more about our AI solutions and how we can help you achieve your sales goals.