WEBVTT 1 00:00:08.520 --> 00:00:10.000 You probably heard the quote, 2 00:00:10.000 --> 00:00:12.560 "Half the money I spend on advertising is wasted. 3 00:00:12.800 --> 00:00:17.520 The problem is I don't know which half." Well, in sales, it isn't very different. 4 00:00:17.760 --> 00:00:23.040 In fact, our experience shows that 60% of sales activities are completely wasted. 5 00:00:23.360 --> 00:00:27.160 Classic segmentation and targeting tools assume that customers are static 6 00:00:27.160 --> 00:00:30.560 throughout the year, but the reality is very, very different. 7 00:00:30.840 --> 00:00:35.600 Within a given year, 60% of customers don't even react to sales calls and visits 8 00:00:35.600 --> 00:00:40.720 at all, while the other 40% need intense care, at a certain moment of time. 9 00:00:41.120 --> 00:00:43.640 And this is where AI comes in. 10 00:00:43.640 --> 00:00:46.920 AI can help your sales organization to focus on the right accounts 11 00:00:46.920 --> 00:00:50.120 at the right time with the right offering and the right pricing. 12 00:00:50.360 --> 00:00:55.640 Sales AI, as we define it, consists of a collection of strategic and tactical 13 00:00:55.640 --> 00:00:58.400 use cases along the entire sales cycle 14 00:00:58.640 --> 00:01:00.880 from lead generation to churn management. 15 00:01:01.440 --> 00:01:05.040 Which ones are most relevant depends typically on the sales approach 16 00:01:05.040 --> 00:01:06.480 and which data are available. 17 00:01:06.480 --> 00:01:10.400 We often hear from clients: "Well, we don't have the right data. 18 00:01:10.400 --> 00:01:13.920 We need to focus on the basics first." Our experience shows 19 00:01:14.720 --> 00:01:18.520 that every organization has enough data to use AI in sales. 20 00:01:18.920 --> 00:01:21.960 For example, every organization has perfect ERP data. 21 00:01:22.280 --> 00:01:27.920 Most have pretty OK service and CRM data, and some also have good marketing data. 22 00:01:28.200 --> 00:01:33.440 And this is more than enough to leverage some powerful AI use cases for sales.