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Nowadays, new technologies enable a highly detailed understanding of the way customers buy, fancily known as “digital customer journey”. They also allow a cost-effective application of predictive analytics in Business-to-Business (B2B) sales. In this new B2B world, sales data is gold.
Will sales jobs still exist in fifty years from now? Will robots take over all sales jobs? How will artificial intelligence redefine sales management? What long-term influence does digitisation have on B2Bsales? Sales today – Digitalization drives sales forward – faster. Click To Tweet.
AI-based pricing with Predictive SalesAnalytics should not be underestimated in B2B wholesale. Predictive analytics is not just a trend, but a crucial tool in the B2B wholesale industry, helping businesses navigate the complexities of market demands. I WANT PREDICTIVE ANALYTICS FOR B2BSALES.
AI in Wholesales and Industrial Distribution: The Winds of Change in B2BSales. In the world of B2Bsales, where specialist wholesalers in Germany cater to 5,000 to 10,000 customers and juggle an inventory of 20,000 to 100,000 items , the winds of change are blowing more robustly than ever. Let's get started!
Will sales jobs still exist in fifty years from now? Will robots take over all sales jobs? How will artificial intelligence redefine sales management? What long-term influence does digitisation have on B2Bsales? Sales today – Digitalization drives sales forward – faster.
Facts and trends about the B2Bdigital transformation. If you are leading a Business-to-Business manufacturer or distributor, you know it already: sales is currently experiencing a massive transformation across the globe. Predictive analytics is becoming increasingly popular in B2Bsales.
The rise of e-commerce has put much pressure on B2B wholesalers in Germany to optimize their sales strategies. KG have created a research consortium together with the Chair of Industrial Sales and Service Engineering (ISSE) and the Sales Management Department (SMD) at RUB. Who are the Top 3 players in Germany?
What role does predictive salesanalytics play in driving revenue for B2B wholesale distributors? In today’s digital age, access to data has become one of a company’s most valuable assets. Especially in B2B wholesale, data-driven predictions can have a significant impact on increasing sales.
AI Workflows in B2BSales: Boost Efficiency, Pricing, and Customer Satisfaction with Predictive SalesAnalytics. Under pressure from e-commerce and the demands of the modern digital consumer, wholesalers must move from traditional sales methods to more advanced, data-driven approaches. Certainly not.
B2BSales is changing because buyers are changing – mainly in the way they buy. Companies in B2B distribution are particularly affected by the changes in customer behaviour and their competitive environment. The shift in customer behaviour is the primary driven-factor behind the digitalisation of sales. trillion yuan.
B2BSales is changing because buyers are changing – mainly in the way they buy. Companies in B2B distribution are particularly affected by the changes in customer behaviour and their competitive environment. The shift in customer behaviour is the primary driven-factor behind the digitalisation of sales. trillion yuan.
AI in Wholesales and Industrial Distribution: The Winds of Change in B2BSales. In the world of B2Bsales, where specialist wholesalers in Germany cater to 5,000 to 10,000 customers and juggle an inventory of 20,000 to 100,000 items , the winds of change are blowing more robustly than ever. Let's get started!
B2BSales is changing because buyers are changing – mainly in the way they buy. Companies in B2B distribution are particularly affected by the changes in customer behaviour and their competitive environment. The shift in customer behaviour is the primary driven-factor behind the digitalisation of sales. trillion yuan.
Another important aspect is the digital transformation. The integration of e-commerce platforms and digitalsales channels is no longer just an option for wholesalers, but a necessity. Let’s take a closer look at these aspects: Processes, tools and data in modern B2B specialised wholesale. Get in touch with us.
In particular, the companies surveyed see themselves threatened by digital platforms when it comes to pricing (62%). Manufacturers are increasingly recognising and embracing the appeal of digital channels to end customers. . Manufacturers are increasingly recognising and embracing the appeal of digital channels to end customers.
B2B wholesalers in many sectors, such as electrical wholesalers, industrial supplies and component retailers, now benefit from modern predictive sales software. The B2B wholesale market is a fast-moving market characterised by intense competition and constant change. Which sales employee, however experienced, can calculate that?
Despite everything, your company’s goal for the coming year is probably the same as always: to grow and increase sales revenue. To do that, you’ll need to be more informed than ever about buyer behavior, recent trends in selling (including B2Bsales), and trends in sales management. Embrace technology and digitalsales.
High-quality technology and predictive sales software are the future of B2Bsales. In the next five years, more and more companies will change the way they work through digitalisation and the use of new salesanalytics software. – Managing directors or managers of medium-sized B2B companies. .
Predictive analytics technologies are becoming increasingly popular and are already being used today, especially by wholesalers and manufacturers in business-to-business (B2B) sales. Perhaps you have already made some elaborate attempts to implement predictive salesanalytics with Excel or other spreadsheet programmes.
What is B2Bsales, and what strategies can you use to maximize your success? Whether you’re a B2B-native startup or an established direct-to-consumer company pivoting to B2Bsales, this guide will walk you through everything you need to know about B2B. What is B2Bsales?
As sales becomes increasingly digital, the question arises: What tasks can sales managers focus on in the future thanks to modern data analysis software? The modern “currency” in companies is also changing the tasks in sales. Sales managers can therefore concentrate on the following five tasks in the future.
Customer churn in B2B refers to a portion of subscribers or contract customers who change suppliers during a certain period of time. In B2B practice, some churn goes unnoticed for a long time or is only detected when it is already too late. – Managing directors or managers of medium-sized B2B companies.
The Qymatix online course on “Implementing AI-based assistants in sales” provides you with a comprehensive insight into the working world of predictive analytics in B2Bsales and which steps are necessary for a successful use of AI in sales. Qymatix Solutions GmbH is a pioneer in its field.
The Initial Situation: Why Is AI in Sales Relevant Right Now? “We are currently seeing that AI start-ups are increasingly interested in the wholesale sector,” says Jan Peter Coblenz, Chairman of the Digitalization Working Group and Managing Director of Brangs+Heinrich GmbH. I WANT PREDICTIVE ANALYTICS FOR B2BSALES.
Measure what your sales team is doing to be successful. Why are sales KPIs so important in B2B? Sales leaders can hardly change the way their customers buy, but they can certainly influence the way their team works. Controlling and motivating a B2Bsales team with the most fitting sales KPI is critical to its success.
This course is particularly suitable for – B2Bsales specialists: strategic and operational sales managers, field and office sales representatives, key account managers and sales managers. – Managing directors or managers of medium-sized B2B companies.
Lucas Pedretti is looking forward to supporting the VTH and its members with concrete application examples in the field of artificial intelligence and predictive salesanalytics. This means a total of around 400 sales outlets throughout Germany, Austria, Switzerland and neighbouring countries and a total turnover of over 4.5
In this article, we look at the current usage of AI in German B2B companies, with a particular focus on B2B wholesale. Finally, we look at surveys that explore the assessment of the future importance of AI for B2B companies. Use of AI in German B2B companies A business survey by the Ifo Institute found that 13.3%
relevant for B2Bsales). they’re still a qualified lead—for the next sales cycle. Put these leads aside and return them to the sales team when the time is right. Most of the time, but especially in B2Bsales, it takes more than one conversation to convert a new lead. Can this lead afford the product?
As part of our 2024 State of Sales Series , our Sr. Trends Researcher, Max Iskiev anonymously surveyed 1,477 global sales professionals across B2B and B2C industries to unearth the sales trends, opportunities, strategies, and pain points that could impact businesses in the coming year. Where did we get this stat?
Sales need your help coming to terms with a big truth: The analog days are over. It’s time to embrace digital, data-driven selling. Sales are far behind marketing in the digital and data race. And right now, sales needs your help. B2B buyers aren’t going to tolerate old-school selling. Digital-first.
I, too, got my information for this post from articles with names like “The Turbo Transformation” or “The Next Level: B2BSales 4.0” In the following chapters, we will look at which sales areas are undergoing radical change and what these enduring ropes of sales will be.
IHK Digital Congress 2023 The IHK Karlsruhe organized the Digital Congress on 31.10.2023. This congress focused on hot topics related to digitalization. – Andreas Steinle from Zukunftsinstitut GmbH is constantly researching (digital) future trends and his presentation gave an exciting insight and encouraged innovation.
Learn three ways to increase customer loyalty with algorithms in B2B wholesale. However, 1 in 5 wholesale companies also believed that their efforts in the area of digitalization were not yet sufficient to survive the digital competition. I WANT PREDICTIVE ANALYTICS FOR B2BSALES. German language).
B2B pricing strategies are experiencing a radical transformation in manufacturing and wholesales. A pricing analytics software supports B2Bsales teams by providing accurate pricing prediction. There are at least three ways in which the pandemic has changed B2B pricing strategies: 1.
Learn online everything about AI in sales and the successful use of predictive salesanalytics at the Qymatix Academy. basics of artificial intelligence & machine learning in B2Bsales. predictive analytics: what it is and how to get started. B2BSales of the Future – Digitalisation in Sales.
Qymatix Solutions GmbH has been helping manufacturers and wholesalers to increase customer lifetime value using artificial intelligence and predictive salesanalytics since 2013. Qymatix Solutions GmbH is launching a new version of its Predictive Sales Software (Software-as-a-Service). I WANT PREDICTIVE ANALYTICS FOR B2BSALES.
ORBIS supports medium-sized companies as well as international corporations in the digitalization of their business processes. The goal of the partnership is to accelerate the adoption of new AI technologies with the Qymatix Predictive Sales Software. I WANT PREDICTIVE ANALYTICS FOR B2BSALES.
All you need to know about artificial intelligence in B2Bsales. As a provider of AI-based predictive sales software , our experts deal with the collaboration of artificial intelligence (AI) and B2Bsales on a daily basis. I WANT TO KNOW MORE ABOUT THE PREDICTIVE SALES SOFTWARE. Karlsruhe, 11.03.2021.
They want to remain competitive in a market that is increasingly dominated by manufacturers’ direct sales and digital platforms. The solution could lie in intelligently adapting pricing based on customer behaviour and historical ERP sales data. We look forward to breaking new ground in sales together with you.
Qymatix is an AI startup helping B2B companies transform sales data into insights that support profitable growth. The artificial intelligence-based Qymatix Predictive Sales Software provides analytics for cross-selling, churn risk and pricing in traditional and digital channels. About Qymatix Solutions GmbH.
Most companies in the B2B sector have so far adjusted their prices based on factors such as production costs, competitive prices and supply and demand. – Managing directors or managers of medium-sized B2B companies. About Qymatix Solutions GmbH Qymatix is your autopilot for B2Bsales.
Our vision is to help B2B companies use their sales data efficiently and make B2Bsales more efficient through data-based recommendations for action. Qymatix is an AI startup helping B2B companies transform sales data into insights that support profitable growth. I WANT PREDICTIVE ANALYTICS FOR B2BSALES.
B2B E-commerce in Germany keeps growing – good or bad news? Complex multichannel sales, e-commerce platforms, the dangerous advent of Amazon business, and savvy customers deciding based on price only, are making a digital transformation imperative for German B2B distributors. It is under a growing threat, nevertheless.
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