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Explore how today's sellers can navigate disruptions and seize opportunities in the future marketplace. Get insights from a survey by SalesRoads & SalesIntel.
In the face of significant changes in the business landscape, understanding the dynamics of market disruptions is crucial. This whitepaper provides an in-depth analysis of how sellers can leverage these disruptions and create opportunities for growth. The analysis is based on a survey conducted by SalesRoads and SalesIntel, which explores the impact of various disruptions on the business sector, specifically focusing on the SaaS industry.
This document further outlines systemic and strategic responses that businesses can implement to navigate these challenges and seize the emerging opportunities in the post-Covid19 marketplace.
As the world grapples with the COVID-19 pandemic, a new normal has emerged, characterized by significant disruptions in various sectors. A notable secondary outcome of the pandemic has been the widespread adoption of remote work, enabled by digital-communication technologies. However, this shift has also resulted in unintended consequences such as the resurgence of homeschooling, leading to further disruptions.
The study involved a survey of 755 sales professionals working in the SaaS industry, exploring the state of their businesses amidst these disruptions. The SaaS sector, with giants such as Zoom Communications, Google, and Salesforce, has shown remarkable resilience and diversity.
The survey measured the impact of various disruptions such as budget cuts, remote work, internal layoffs, and childcare responsibilities on the ability of these professionals to sell.
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According to the survey, 56% of respondents cited budget cuts on the prospect side as the most significant disruption, followed by remote work (49.3%), internal budget cuts (43.2%), internal layoffs (29.7%), and childcare/homeschooling (16.6%).
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Despite the challenges, the study suggests that amidst the disruption lies an opportunity for sales professionals who can adapt to today’s business climate. This paper highlights the need for businesses to understand these phenomena, adapt, and strategize accordingly to navigate the disruptions and seize the emerging opportunities.
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