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Dave Elkington - CEO & Founder of http://www.insidesales.com Linkedin Profile: http://www.linkedin.com/in/davidelkington Twitter: https://twitter.com/DaveElkington InsideSales.com is a cloud-based sales automation, lead management, and predictive analytics software for inside sales professionals. Try InsideSales.com free for 10 days: PowerDialer™ — #1 Power Dialer Software for B2B Sales - http://www.insidesales.com/outbound_power_dialer.php
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Dave ElkingtonCEO / Founder
High Velocity Road Tour 2013
About us
• History Founded in 2004 $40m+ in venture investment 250+ employees 100%+ annual revenue growth
• Industry Leadership SaaS provider of the year Top 100 private companies Leading research published in HBR Key patents in web communications &
analytics
customer success
Research
Click-to-Call™
PowerDialer™
PowerText™
PowerStandings™
Neuralytics™
Products
Inside Sales
Revolution
“We’ve got to think differently”
“Your goal isn’t to buy players, our goal should be
to buy wins”
“System has worked for years”
“Winning = getting runs”
Thinking-by-numbers is the new smart
Summer 2011
Inside Sales Market
Inside Sales Industry Growth 2013
2011 2012 2013 202002468
101214
Outside Sales Inside Sales
Mill
ions
3x Growth
1.3%
3.9%
BLS.gov & 2013 Market Size Study
2008 2009 2010 2011 20122.002.252.502.753.003.253.503.75
Outside Sales Inside Sales
Mill
ions
Original 2009 Market Size Study
15x Growth
Inside Sales Industry Growth 2009
0.5%
7.5%
Retail vs. Non-Retail Sales
2011 2012 2013 20140%
10%
20%
30%
40%
50%
60%
70%
19.8% 19.1% 18.8% 18.9%20.4% 20.5% 21.0% 21.1%
59.8% 60.4% 60.2% 60.0%
Outside Inside Retail
Reps by Selected Industry
Man
ufac
turin
g
Trans
porta
tion
Softw
are
Teleco
mm
unica
tions
Financ
e
Techn
ical S
ervic
es
Man
agem
ent C
onsu
lting
Adver
tising
/ PR
Educa
tion
Health
care
0
100,000
200,000
300,000
400,000
Inside Sales Employees Outside Sales Employees
Inside Sales same as Outside Sales
Inside Sales larger than Outside Sales
Sales Department Comparison
2011 2012 201345%
47%
49%
51%
53%
55%
49.3%48.2%
47.3%
50.7%51.8%
52.7%
Outside Sales Reps Inside Sales Reps
US Total Growth of Inside Sales
2011 2012 2013 2014 2015 2016 2017 2018 2019 20200.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
Non
-Ret
ail I
nsid
e Sa
les
Reps
(Mill
ions
)
42,400 New Inside Sales Reps Per Year
Sales Revolution
Inside Sales
“We … proved that [inside sales] could win a high close rate at one-third the cost and in one-third the amount of time as the traditional
selling model.”Mark Benioff
Sales Automatio
n 2.0
Sales Revolution
– Why?
• 1/3-1/2 Cost & Time• Customer Empowerment• Employee Preference
Run a salesteam by the numbers –Not Intuition
Original Lead
Response Managemen
t Study
200,000+
Lead Profiling• Age: 33• Gender: Male• Ethnicity: Caucasian• Interests: Design, art• Personality: Expressive• Family: One child• Height: 5’ 8”• Weight: 155 lbs
Contacting a Lead
• Who?• What?• When?• Where?• Why?• How?
Optimal Amount of Contacts• 8 Dials• 6 Web visits• 3 Voicemails• 3 Emails• 3 Social Media• 1 Text or Fax• 24 Total
Results Measureme
nt
Join The Wave
Image: 7.5” x 8.6 @ 96dpi
Questions?