Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Business > NewVoiceMedia study finds UK sales reps are failing to provide the emotive experiences that boost customer acquisition and retention
    Business

    NewVoiceMedia study finds UK sales reps are failing to provide the emotive experiences that boost customer acquisition and retention

    NewVoiceMedia study finds UK sales reps are failing to provide the emotive experiences that boost customer acquisition and retention

    Published by Gbaf News

    Posted on May 18, 2018

    Featured image for article about Business

    New research¹ fromNewVoiceMedia, a leading global provider of cloud contact centre and inside sales solutions, reveals that less than half (46 percent) of UK  sales professionals made a personal or emotional connection with the majority (51 percent or more) of their prospects over the last year, despite acknowledging the impact that emotive experiences have on sales success.

    NVM found that more than three-quarters (74 percent) of sales reps believe building a personal or emotional connection with a prospect increases the likelihood of them entering the sales pipeline, yet just 4 percent felt they made emotional connections with most of the prospects they talked to (at least nine out of every 10). The biggest segment (15 percent) said they had connected personally with just three or four prospects out of every 10 they spoke to.

    With revenue potential significantly impacted by a brand or rep’s ability to develop personal connections, emotive interactions have emerged as a competitive differentiator for sales teams worldwide and an area in which most reps are underperforming.

    When asked to select the key drivers behind a prospect feeling emotionally connected to a brand, 39 percent identified being connected to a highly knowledgeable sales professional as the most important. A similar number (34%) flagged the ability to get immediate assistance from a highly qualified rep when needed (via phone, chat or email), 32 percent think that speaking to a rep who listens closely and understands their problem is a key driver for prospects, and 31 percent believe that personalising sales conversations is essential.

    The research follows NewVoiceMedia’s2015 Cost of Poor Prospecting study which revealed that sales teams are failing to use data-driven insights and personalisation to close deals. 86 percent of prospects claimed that just five minutes of preparation from a sales rep prior to a call would boost the likelihood of closing a deal, yet more than half of calls are poorly researched.

    “At NewVoiceMedia, we believe, and this study reflects, that emotive interactions are critical to winning the hearts and minds of sales prospects in today’s Age of the Customer”, said Dennis Fois, CEO of NewVoiceMedia. “But sales professionals are not doing enough to create the types of experiences that close sales. For brands to compete – and win – in CX in 2018 and beyond, inside sales reps must focus on making strong emotional connections with prospects, and they must understand and document the emotions that are likely to drive the prospect to purchase”.

    For further information, download the research whitepaper at www.newvoicemedia.com.

    New research¹ fromNewVoiceMedia, a leading global provider of cloud contact centre and inside sales solutions, reveals that less than half (46 percent) of UK  sales professionals made a personal or emotional connection with the majority (51 percent or more) of their prospects over the last year, despite acknowledging the impact that emotive experiences have on sales success.

    NVM found that more than three-quarters (74 percent) of sales reps believe building a personal or emotional connection with a prospect increases the likelihood of them entering the sales pipeline, yet just 4 percent felt they made emotional connections with most of the prospects they talked to (at least nine out of every 10). The biggest segment (15 percent) said they had connected personally with just three or four prospects out of every 10 they spoke to.

    With revenue potential significantly impacted by a brand or rep’s ability to develop personal connections, emotive interactions have emerged as a competitive differentiator for sales teams worldwide and an area in which most reps are underperforming.

    When asked to select the key drivers behind a prospect feeling emotionally connected to a brand, 39 percent identified being connected to a highly knowledgeable sales professional as the most important. A similar number (34%) flagged the ability to get immediate assistance from a highly qualified rep when needed (via phone, chat or email), 32 percent think that speaking to a rep who listens closely and understands their problem is a key driver for prospects, and 31 percent believe that personalising sales conversations is essential.

    The research follows NewVoiceMedia’s2015 Cost of Poor Prospecting study which revealed that sales teams are failing to use data-driven insights and personalisation to close deals. 86 percent of prospects claimed that just five minutes of preparation from a sales rep prior to a call would boost the likelihood of closing a deal, yet more than half of calls are poorly researched.

    “At NewVoiceMedia, we believe, and this study reflects, that emotive interactions are critical to winning the hearts and minds of sales prospects in today’s Age of the Customer”, said Dennis Fois, CEO of NewVoiceMedia. “But sales professionals are not doing enough to create the types of experiences that close sales. For brands to compete – and win – in CX in 2018 and beyond, inside sales reps must focus on making strong emotional connections with prospects, and they must understand and document the emotions that are likely to drive the prospect to purchase”.

    For further information, download the research whitepaper at www.newvoicemedia.com.

    Related Posts
    Risk Management in Accounting Outsourcing: What US Companies Should Ask Before Signing
    Risk Management in Accounting Outsourcing: What US Companies Should Ask Before Signing
    Why Email Deliverability is a Business Risk Your Company Can’t Afford to Ignore
    Why Email Deliverability is a Business Risk Your Company Can’t Afford to Ignore
    Five questions to ask before stepping into Employee Ownership
    Five questions to ask before stepping into Employee Ownership
    Cybersecurity as a Profit Engine: Turning Financial Services Security into Measurable Business Value
    Cybersecurity as a Profit Engine: Turning Financial Services Security into Measurable Business Value
    How Investability Helps Companies Navigate Transformational Times
    How Investability Helps Companies Navigate Transformational Times
    88% of UK and US organisations concerned about state-sponsored cyber attacks as national threat levels surge, IO research reveals
    88% of UK and US organisations concerned about state-sponsored cyber attacks as national threat levels surge, IO research reveals
    One in three SME leaders do not fully understand cash flow, despite 82% facing cash flow problems
    One in three SME leaders do not fully understand cash flow, despite 82% facing cash flow problems
    Inside the Company that Predicted the Remote Work Mega-Trend Before It Became Mainstream
    Inside the Company that Predicted the Remote Work Mega-Trend Before It Became Mainstream
    SEO Consultant Adrian Czarnoleski on How to Increase Business Value Before Exit
    SEO Consultant Adrian Czarnoleski on How to Increase Business Value Before Exit
    No SOC 2, No Deal: Why You’re Already Losing Clients - and What You Can Do About It
    No SOC 2, No Deal: Why You’re Already Losing Clients - and What You Can Do About It
    Jose Tolosa Guides Organizations Forward with Clarity, Purpose, and Integrity
    Jose Tolosa Guides Organizations Forward with Clarity, Purpose, and Integrity
    Reducing Freight Costs to Drive Global Trade Expansion
    Reducing Freight Costs to Drive Global Trade Expansion

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Business Post90% Uk Employees Don’t Feel Equipped To Handle Their Workload
    Next Business PostNewVoiceMedia reveals nearly half of UK consumers ditched a business last year following poor customer service

    More from Business

    Explore more articles in the Business category

    The Psychology of Music in the Modern Workplace

    The Psychology of Music in the Modern Workplace

    Revealed: Low-Cost/No-Cost Marketing Hacks For Results Oriented Businesses

    Revealed: Low-Cost/No-Cost Marketing Hacks For Results Oriented Businesses

    Finance teams still stuck in spreadsheets as manual processes stall digital transformation

    Finance teams still stuck in spreadsheets as manual processes stall digital transformation

    The Future of Remote & Hybrid Leadership: Leading With Data-Driven Foresight

    The Future of Remote & Hybrid Leadership: Leading With Data-Driven Foresight

    2025-2030: The Next Technological Innovations for Business

    2025-2030: The Next Technological Innovations for Business

    The CFO’s New Playbook: 5 Ways AI Is Redefining Finance with Insights from Rishi Oberoi

    The CFO’s New Playbook: 5 Ways AI Is Redefining Finance with Insights from Rishi Oberoi

    Revolutionizing Payments: Secure, Scalable, Sovereign

    Revolutionizing Payments: Secure, Scalable, Sovereign

    Why Trademark Abuse in Paid Search Is a Growing Risk for Financial Institutions

    Why Trademark Abuse in Paid Search Is a Growing Risk for Financial Institutions

    E-commerce Customer Service: Tips

    E-commerce Customer Service: Tips

    When to Automate Your Warehouse: The Tipping Point for Operations Growth

    When to Automate Your Warehouse: The Tipping Point for Operations Growth

    Hurt at Work? 5 Financial Facts You Need to Know

    Hurt at Work? 5 Financial Facts You Need to Know

    Against the Odds: Resilience in Consumer Subsectors Offers Prime Opportunities for Investors

    Against the Odds: Resilience in Consumer Subsectors Offers Prime Opportunities for Investors

    View All Business Posts