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Stringr Appoints Drew Berkowitz as Senior Vice President of Sales

Former Storyful Executive Joins the Stringr Team with More Than 20 Years of Sales and Industry Experience

Stringr, the premier platform for on-demand, immediate access to over 75k amateur and professional videographers, announced the appointment of Drew Berkowitz to its leadership team as Senior Vice President of Sales. This newly created position signals Stringr’s growth in the media landscape and the company’s desire to address increasing demand for its product across content producers.

“Stringr has demonstrated to marquee customers, from broadcasters to publishers, that we can provide custom video quickly and efficiently, said Lindsay Stewart, CEO and Founder of Stringr. “Now, we need a heavy hitter and we have that in Drew, someone who understands the media and content landscape and who reflects the collaborative approach we bring to every customer relationship.”

Read More: SalesTech Interview With Matt Amundson, VP Of Marketing At EverString

 “I’m thrilled to be joining the Stringr team as the video industry continues to change and evolve,” said Berkowitz. “Stringr has helped revolutionize the news industry and the business of content creation, and I’m looking forward to lead sales initiatives as the platform continues to reach new industries across the country.”

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Prior to Stringr, Drew was Global Vice President of Sales at Storyful, where he worked with direct brands, agencies, content creators, and more to create custom video content.  Berkowitz’s experience also includes positions at Wochit, Vimeo, and Comedy Central, where he was responsible for overseeing nationwide and global teams, driving sales, revenue and award-winning creative partnerships.

Read More: SalesTech Star Interview With Jon Miller, CEO & Co-Founder At Engagio

New Global Data Suggests Online Fashion Shoppers Now Spend More on Mobile Than Desktop: 46% v 44%

New research suggests that online fashion shoppers globally now spend more on mobile than desktop: 46% v 44%[1]. But with each visitor spending nearly 30% less time on a site when they come via mobile than they do on desktop, retailers face the key challenge of optimizing the mobile experience so shoppers can browse their sites quickly, find exactly what they are looking for and leave having made a purchase.

These are the key findings of a new global study of ecommerce in fashion from Nosto, the eCommerce personification and retail AI platform. The research is based on an analysis of 1.2 billion visits to fashion ecommerce websites globally over the whole of 2018.

The data suggests for example that 58.1% of the traffic to fashion retailers globally is now on mobile, nearly twice as much as on desktop (31.5%). And by Q4 of 2018, mobile’s share of revenue in fashion ecommerce exceeded desktop 46% vs 44% (compared with 37% vs 50% in Q1).

On average fashion shoppers browse for 164 seconds when they visit a site on mobile – and 239 seconds on desktop. And they are less likely to make a purchase on mobile, with the conversion rate averaging 1.32% on smartphone (compared with 2.4% on desktop). The average order value (AOV) is also lower on mobile at $103 compared with $120 on desktop.

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“The fashion retailers in our study are attracting nearly twice as much traffic from mobile as they are on desktop, but this creates a major challenge,” said Jim Lofgren CEO of Nosto. “Mobile visitors continue to take less time on site, are spending less per visit and are less likely to make a purchase. How do you maximise the precious seconds mobile visitors give you?”

“Part of the solution is about ensuring a mobile optimised website with fast page speeds and easy to view images and content. But the reality is that with a small mobile screen you have less on-page real estate to work with as well as having less time to woo the customer.”

This means personalising the experience based on the shopper’s online behaviour becomes incredibly important in fashion ecommerce according to Lofgren:

“Using artificial intelligence and machine learning to drive personalisation, you can maximise the space on a mobile screen by automatically showing shoppers the most relevant selection of products and complimentary items, including their preferred brands and styles – all in real-time.

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“You can even instantly change the layout of the page and ensure shoppers are seeing the most appropriate images, offers and related content – such as blogs about fashion trends that might interest them. This will be the biggest driver for increasing both mobile sales and order values in fashion, as well as encouraging shoppers to spend longer on your site and to stop by again,” said Lofgren whose company’s fashion retail customers include Gymshark, Agent Provocateur, Aquascutum, Everlast, Helly Hansen and Volcom.

Read More: SalesTech Interview With Matt Amundson, VP Of Marketing At EverString

Webpals Mobile Survey: Growing Trust in Finance Apps – 72% of Consumers Trust Syncing their Personal Finances on their Mobile Phones

Mobile Finance Apps Continue to Grow in Strength – Over 70% of Respondents Used One in the Last Week

Webpals Mobile, the mobile division of Webpals Group, a leading performance-driven user acquisition company, revealed that over 72% of respondents trust syncing their personal finances on their mobile phones. This is according to a recent survey conducted with Google Consumer Surveys.

According to Webpals’ findings, over 60% of consumers use financial apps for everyday banking, such as viewing account balances, budgeting and tracking expenses, or paying bills and transferring money. 70% of respondents used a mobile finance app in the last week, indicating just how widespread they have become.

Read More: Ve Global Make First Major Acquisition As Company Continues To Grow

Other key findings include:

·         26% of respondents are mainly banking digitally with minimal variation by generation (Gen Z – 33.6%, Millennials – 27.7%, Gen X – 23.3%, Baby Boomers – 25.4%)

·         Almost 10% of respondents use personal finance apps to apply for loans or mortgages

·         Males were twice as likely as females to use financial apps for investing

·         Millennials (27%) are almost twice as likely as Baby Boomers to use financial apps for depositing checks (53%)

·         The generational divide over distrust of synchronization of personal finances with mobile phones is apparent: Gen Z 9.7%, Millennials 13.1%, Gen X- 14.8%, Baby Boomers 23.3%.

·         Only 10% of respondents have downloaded a finance app but never used it

·         33% of respondents reported to having no other personal finance app downloaded on their phone other than their bank’s app

56% of the survey’s respondents reported that they feel the level of customer service on apps is ‘the same’ as in person.  Gen X is most likely to feel customer service is better on a finance app than it is in person, with almost 30% of respondents agreeing apps are superior when it comes to advice and information. At a time when banking is going digital, app developers should remain cognizant of the importance of consumer trust, providing safe and efficient mobile banking services that rival, or even trump, that of traditional banks.

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 “This survey highlights just how trusting consumers have become with their mobile applications,” said Inbal Lavi, CEO of Webpals Group. “Today’s banking customers want the ease of financial apps but the same trust and respect they have been accustomed to for years with traditional banking. While potential customers are often familiar with brick and mortar branches, we can expect to see a steady increase in the rise of mobile finance consumers.”

The survey, conducted in September 2018, was carried out using Google Consumer Surveys based on a representative sample of more than 500 respondents from the United States, aged 18-65+.

Read More: SalesTech Interview With Matt Amundson, VP Of Marketing At EverString

PowerInbox Expands Email, Programmatic Teams to Support Steep Growth in Demand for its Digital Monetization Platform

Spurred by $30 Million in Revenue & 100 New Pubs Signing on Last Year, PowerInbox Hires 3 Industry Veterans to Fuel Publisher & Advertiser Growth

PowerInbox, the digital monetization partner trusted by 650+ publishers, announced it has expanded its technology and business development teams, welcoming three new email and adtech experts to support growing demand for its services.

The strategic new hires come on the heels of substantial growth as the company racked up $30 million in revenue, three fast-growth business awards and added 100 new publishers to its roster last year, including the Seattle Times, Digiday and Crain Communications. The growth comes as email, push notification and other one-to-one engagement channels prove to be a winning strategy for both publishers and advertisers looking to offset losses from declining trust in social media. Last year alone, PowerInbox delivered 10 billion pieces of live content to 150 million unique monthly users through 15 billion monthly emails.

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“We’re extremely excited about our momentum right now, and the fact that we’re consistently profitable is a testament to the success of our product and the outstanding, dedicated team we’ve worked so hard to build,” said PowerInbox CEO Jeff Kupietzky. “We are committed to investing in the talent and technology our publisher and advertiser customers need to grow their businesses.”

To that end, PowerInbox has enlisted the skills of three industry veterans:

  • Ira Silberstein has joined the team as General Manager, Email. A former Taboola executive he spent six years leading publisher sales and global expansion. Additionally, Silberstein has 10 years of experience in Internet product and business development for The New York Times website. At PowerInbox, Silberstein will lead the company’s core email business to grow new publisher relationships and provide strategic vision for product development.

 

  • Aron Schatz is the new Director of Programmatic Solutions. An Interactive Advertising Bureau (IAB) award winner, Schatz has been an Internet and digital advertising pioneer and thought leader for nearly 10 years, specializing in standards compliance and implementation, programmatic pipeline scaling, OpenRTB and API integration and more. An adtech entrepreneur, Schatz launched ASE Adnet, a CPC/CPA ad network and has spent 17 years as editor-in-chief of ASE Labs, a daily digital publication covering new tech product innovations. At PowerInbox, Schatz will lead programmatic and ad server product management to drive higher throughput and business growth.

 

  • Bill McCann has been named Director of Revenue Optimization. A seasoned software engineer, Big Data and analytics expert, McCann has co-founded two tech-based startups, including a prescription analytics firm bringing Big Data insight to the U.S. health care system. Previously, he spent eight years as a VP-level technologist and product architect at The TriZetto Group, where he led development of the company’s Medicare-focused health care optimization platform. In his new role at PowerInbox, McCann will lead development of the company’s ad recommendation engine and expand the use of artificial intelligence to increase advertising and business performance.

Read More: S4M Granted Continuation Of Its MRC Accreditation

PowerInbox’s automated platform matches advertisers with publishers to deliver real-time relevant sponsored content that’s personalized at the moment of open to visitors on email, browser push and websites. The only digital monetization platform that offers direct integration with Google Ad Manager (formerly DFP) and other mainstream online ad networks, PowerInbox lets publishers run cross-channel advertising programs that are easy to manage, all within a single dashboard while giving advertisers the ability to reach new high-value audiences through multiple opt-in channels.

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Optimizing Ad Journeys Based On Consumer Sentiment Could Save Millions Finds New Study From ViralGains, MAGNA and IPG Media Lab

Over half of all ad impressions could be wasted with traditional video retargeting; Optimizing journeys based on sentiment doubles brand trust and likelihood to take action

According to a new study, obtaining and responding to consumer sentiment is crucial to optimizing the consumer ad journey, saving otherwise wasted video ad dollars and positively impacting brand affinity metrics. The Sentiment Driven Consumer Journey, research conducted by MAGNA, IPG Media Lab and ViralGains, the industry’s only video ad journey platform, takes a deep dive on the brand impact generated by intelligent video advertising.

The study tested two video ad journeys among 6,000 consumers in the third quarter of 2018. One group of consumers received a series of video ads optimized based on sentiment – specifically each viewer’s level of interest in the first video ad – gathered via a poll served immediately after the advertisement. The second group received a series of videos that were served based on exposure only.

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Key findings from the report include:

  • On average, 59% of ad impressions were wasted with standard video retargeting
  • Consumers on a sentiment-driven journey were more likely to take action – 7x more likely to search for the brand and 2x more likely to visit the brand’s website
  • Sentiment-driven journeys:
    • Result in a better overall ad experience as 85% of consumers agreed the ads were interesting, 76% agreed the ads were relevant and 66% agreed the ads were informative
    • Improve brand perception – serving a corporate responsibility ad to viewers with low brand interest increased brand trust by 2.2x and brand favorability by 4x
  • Suppressing ads to audiences that have indicated they are not interested in your brand and reallocating impressions to those who have shown interest can deliver an average of $59k in savings for a $100k campaign

“Marketers know that a great story is a relevant story, and the best marketers understand that they must use consumer sentiment to create customized and relevant consumer journeys; otherwise they risk not improving brand or product purchase intent or worse—increasing negative sentiment about their brand,” said Tod Loofbourrow, Chairman and CEO, ViralGains. “Engage consumers in a dialogue about their preferences, and listen to the feedback that signals sentiment and purchase intent—when you optimize individual journeys at scale using first-party data and science, everyone wins.”

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“Brands that listen to the consumer and create a customized experience rather than blanket everyone with the same ad sequencing stand to benefit in almost every conceivable way,” said Kara Manatt, MAGNA. “Customizing the consumer ad journey is a key element to smart advertising, as it allows advertisers to tell a cohesive story across ad exposures, as opposed to an inefficient ‘hit and miss’ approach. It not only leads to greater impact on brand KPIs, it also makes for a more positive ad experience for consumers.”

Read More: S4M Granted Continuation Of Its MRC Accreditation

Major Push to Sales Enablement Technology as Leader Crosses 100 Million in Revenue

Growth spurred by 130 percent retention and accelerated overseas momentum

Seismic, the recognized leader in sales and marketing enablement, announced that the company exited 2018 with a run rate in excess of $100 million. Strong customer satisfaction and success with the product played a major factor in continued growth, with Seismic also reporting 130 percent customer retention to end 2018.

“Crossing $100 million in revenue is a significant moment in any software company’s history. Being the first sales enablement technology provider to do so also makes it a significant moment for the industry at large,” said Doug Winter, Seismic co-founder and CEO.  “For us at Seismic, it is a direct result of the sustained success our incredible customers have had in establishing and growing sales enablement programs at their respective companies, and our team’s ability to be a consistent and crucial partner in their efforts.”

Following December’s $100 million Series E investment which valued the company at more than $1 billion, Seismic today revealed that it plans on growing headcount by more than 300 in 2019, with the majority of new hires allocated to product, engineering and customer success teams. Overseas expansion will be a major focus for Seismic in the new year. Seismic recently opened an office in Melbourne, now its second office in Australia, which will accommodate forecasted hiring plans focused largely on customer support for both the expanding local customer base and those with international implementations.

Read More: Salestech Interview With Jessica Sibley, Chief Sales Officer At Forbes

Seismic has also seen rapid customer growth in Europe and today also announced the appointment of Kevin O’Regan as vice president of sales, EMEA. An enterprise software veteran with experience in scaling EMEA teams for Aprimo, Infor, and Sprinklr, which serves large enterprise brands such as Amazon, Cisco, and P&G, and where O’Regan grew headcount from one to more than 200 in less than four years. O’Regan will oversee Seismic’s go to market efforts across all of EMEA and will be based in the company’s London office.

“We have seen outstanding initial success in Europe through the efforts of the Seismic team in our London office, and 2019 is the year that we double down investments in EMEA,” said Winter. “Having Kevin join the team will be a boon for our goals in Europe, and we are thrilled to have him onboard.”

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Market maturity, customer recognition help maintain rapid growth

Sales enablement saw an explosion in interest across a wide array of industries in 2018. Data from LinkedIn indicates that between 2016 and 2018, there was a 235 percent increase in professionals with “sales enablement” in their job titles. Additionally, numerous major analyst reports were published touting the growth of the space and the major vendors within it.  Examples include The Aragon Research Globe™ for Sales Engagement Platforms 2019 and The Forrester Wave: Sales Enablement Automation Systems, Q3 2018. The latter found that 54 percent of companies are in the process of implementing a sales enablement automation tool and an additional 19 percent planning or considering doing so within the next 12-18 months. Both reports named Seismic a Leader in their respective evaluations, with the Wave stating that Seismic is an ideal fit for enterprises that seek a “best-in-class solution” and received the top score in both the Current Offering and Strategy categories.

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That increase in interest and awareness of sales enablement was reflected within Seismic’s customer base. Attendance at Seismic’s annual customer conference, Seismic Shift, more than doubled in 2018 to eclipse 500, and numerous Seismic customers won major industry awards for their sales enablement efforts, including:

  • Illumina–SiriusDecisions ROI Award for Best Content Strategy
  • Sullivan Bruyette Speros & Blayney—Gramercy Financial Marketing Strategy Award for Best Content Personalization Strategy
  • Dataxu–IT World Awards for Best Technology Deployment
  • Guggenheim Investments–Gramercy Financial Content Marketing Award for Best Content Marketing Strategy

“Guggenheim has a rich tradition of providing exceptional service to individual clients and institutions in the financial marketplace.” said Douglas Mangini, Head of Intermediary Distribution. “Innovative and intelligent tools like Seismic make that process exponentially more streamlined and powerful.”

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“Our customers are the ones leading the way in making sales enablement the cornerstone sales and marketing practice in the 21st century. With the team and resources we now have in place, I am more excited than ever about the opportunity ahead of us to support them in their success,” said Winter. “We have only scratched the surface when it comes to the benefits that are generated from aligning sales and marketing to drive revenue, and 2019 is the year we bring those benefits worldwide.”

Read More: SalesTech Interview With Matt Amundson, VP Of Marketing At EverString

SalesTech Interview with Brian Howe, Alliances Director at Skynamo

Tell us about your journey into Sales and Revenue Management in the SalesTech industry.

My journey into sales was a complete accident, but I stayed in sales on purpose. I was trained as an account executive in an advertising agency, but when I landed in London from South Africa back in 2000, I took a job in media sales just to pay the bills. It was a fast, progressive media group, and we were early adopters of selling online banner adverts to our clients. Media sales was always supposed to be a stopgap until I landed a ‘better’ job in an advertising agency.

However, I never got back into the advertising world because I loved the pressure and rewards of sales, and as it turns out, I am pretty good at it. From there, I helped pioneer the world of online property listings before moving on to sell IP geolocation databases. I finally found myself at Skynamo, where I now help a global team of people to sell our awesome B2B sales app to customers all over the world.

What inspired you to join Skynamo?

Skynamo offers field sales management software and a mobile sales app, which solves many problems for clients who have field sales reps. The product, and the problems it solves, resonate with me as I have spent most of my working life selling and encountering the issues and obstacles the app addresses. What really inspired me though, was our company’s amazing culture!

At Skynamo, people are encouraged to be radically self-directed, which allows every member of the team to own their roles and responsibilities. This has been one of the key values that has helped to drive our rapid growth because we can move so quickly. Nobody is too big or important for any job or task, so we all help one another out when it’s needed. This culture, a product we are proud to build and sell, and a group focus on the goal of creating transparency and trust within sales teams keeps us all motivated and moving.

Recommended: SalesTech Interview With Adam Mergist, Chief Sales Officer At Clearlink

How do you define Channel Sales from a current perspective on business intelligence and reporting?

Channel sales in our world means selling our software via channel partners whose core products are usually Enterprise Resource Planning (ERP) software. Without Business Intelligence (BI) and Reporting through integration with their ERP systems, we would really battle to help our channel partners to sell our software to their clients.

BI and reporting have become very valuable, especially since many systems are now integrated, which allows for even bigger data sets to be analyzed. Gained insights into the past, present and future, help companies to make informed business decisions and should be high on the product offering and services of any channel sales organization.

How is the European SalesTech industry different today than when you first started in the industry?

Two things have changed significantly: the technology and the competitor landscape and, as a result, how we reach customers. Twenty years ago we didn’t have mobile phones that could do more than SMS. ‘The mainframe’ was still considered the height of tech sophistication and most of us still dialed up to the internet. Smartphones, broadband and cloud-based technology, have enabled mobility in a way that I could never have predicted or even understood.

When I got into this game and spoke about sales tools, I was talking about my desk phone, paper diary, Rolodex and car. If I was working with an ‘at-the-leading-edge’ company, there would be a computer connected to a dot-matrix printer where I could input some customer information. It was a dark, dark time. The other significant change is in the competitive space. CRM was coming into its own, but the space was dominated by a few, big companies tending to cater to the enterprise market.

Now, in 2019 the market has expanded to include many smaller niche players so everyone’s needs can be met. The outcome of this is that our idea of who our customer is, where they are and how best to reach them has changed. When I first started selling in the tech industry, it was to a very localized audience, meaning sales were to a very select targeted region, basically those I could drive to. Today, I sell across the globe to a vast range of customers across industries, geographies and business size. I also sell from anywhere. Location is almost irrelevant. Back in 2000 I had to be based in an office and would make 50 sales telephone calls per day.

Today, I get a demo booked by posting some great material on LinkedIn. I used to know more about my products and industry than my prospects, and I would educate them. Today, my prospect has the internet at their fingertips, and they do their own research and decide on whether they want to talk to me! This shift in tech has shifted my job from being a person who provides product information to being a person who helps clients determine whether the product is right for them. I consult rather than speak and take an order.

Recommended: Sales Call Analytics Is The Difference Between Winning And Losing Customers

Directly or indirectly, which sales leaders and companies have made the most profound impact on the way you work with technology for sales and revenue?

I have always looked up to Jeff Bezos because he successfully turned his startup into the company that it is today. There was no “rocket science” back then — he simply took notice of some interesting reports that showed the internet was growing at over 2,000% a year and so he decided to act on those statistics by selling books online.

Amazon Web Services has also helped us, as a company, tremendously. It is critical to our success as it has helped us scale confidently. It provides us with security, redundancy and back-up services, which help us to give our customers peace of mind. This technology has a profound impact on our ability to sell our product.

How do you work with data science, process automation, enterprise planning, and advanced analytics at Skynamo?

Our app helps many companies to start or enhance their digital transformation journeys, often by removing paper and manual processes and replacing them with automated ones. By integrating with ERP and accounting systems, we ensure that the whole company is working off a single, correct, data source. This helps to reduce duplication and minimize errors in the sales process.

Skynamo’s embedded business intelligence and analytics allow us to offer this functionality and insight to our clients. We also provide standard automated reports to our clients as part of their SaaS fee. These reports can also be customized for our clients for an additional fee.

What are the major pain points for businesses in putting a 360-degree focus on Sales Tracking for better account conversions?

Any new software system or process needs change management. People are creatures of habit, and often it takes time and discipline for adoption to happen. Companies know that using a system like ours will add value to, and benefit their business but they can struggle to get buy-in from their whole team as change is often painful and uncomfortable.

If sales tracking is not monitored and senior management does not champion this process, it can fall flat, as no connection has been established between the technology and its impact on sales and no sense of it being supported by the business leaders. The system needs to be made simple, and the business needs to see the return on their investment, otherwise, this can also have an impact on its success.

Recommended: SalesTech Interview With Michael Cibelli, SVP of Sales at Zailab

How do you prepare for an AI-centric world as a SalesTech champion?

Its critical for salespeople to move from being ‘order takers’ to ‘consultants’. AI will automate more and more of the selling process, and sales tech champions need to encourage salespeople to become more relationship, insight and consultancy driven so that they can continue to add value to customers.

Which sales technologies are you currently working with – (example ABM, Technographic data, CRM etc.)?

Our primary tools at Skynamo are our own software and app, Skynamo, as well as HubSpot.

From the industry, which sales leader would you like to see featured in this interview section?

Datel sales leader.

Thank You, Brian, for answering all our questions. We hope to see you again, soon.

Skynamo.com

Skynamo (formerly Honeybee) is a cloud-based Field Sales Management platform and Mobile Sales app that improves sales revenue and cash flow by bridging the gap between field sales reps and finance.

Skynamo is used by manufacturers, wholesalers and distributors of products with reps in the field who visit, sell to and service customers on a regular basis. Key features include GPS tracking technology, data analytics, and integration with CRM, ERP and accounting packages.

Skynamo enables remote submission of orders, automation of administrative tasks, and capturing of customer interactions on mobile devices. Sales managers are also able to better manage their field sales reps through GPS tracking to view time spent on the road or on customer visits for each rep, maintain an overview of all customer visits and orders, as well as draw valuable customer and sales productivity insights through Skynamo’s management dashboards and survey features.

Brian Howe started his career in media sales and have worked in the industry of advertising sales for a period of over 8 years. He left the world of advertising and spent over 2 years selling data for a software company and then moved into running a strategic planning business where I spent over 4 years.

Brian currently work at Skynamo where I’m helping an amazing team to make a real difference in the lives of sales teams.

Reality Bytes: Second Annual Generational Study Reveals How Gen Z Behaves, Buys & Builds Online

Gen Z Prefers Internet Leaders over Politicians, Trusts Online Stores as Much as Physical Ones and Has the Highest Aspiration to Entrepreneurship of Any Generation

A groundbreaking international study conducted by The Center for Generational Kinetics and commissioned by WP Engine reveals that Generation Z, born between 1996-2010, is fueled by technology in all facets of their life, and expects the Internet to connect them, entertain them, sell to them and build their digital brand. It’s a generation whose relationship with technology can be summed up by Steve Jobs’ famous quote when launching the iPhone in 2007 – “your life in your pocket.” The survey, a follow up to one conducted in 2017, explores three key aspects of Gen Z’s relationship with digital: Being Online, Buying Online and Building Online.

“Gen Z is well on its way to becoming the largest generation of consumers by the year 2020,” said Mary Ellen Dugan, Chief Marketing Officer at WP Engine. “This will have profound implications for marketers and brands who, to effectively engage Gen Z, must embrace new technologies, experiment with new forms of communication and internalize the nuances in how Gen Z seamlessly blends the analog and digital worlds.”

Read More: Ve Global Make First Major Acquisition As Company Continues To Grow

Being Online

According to the study, Gen Z continues to be the most Internet-dependent generation – 55% of Gen Z can’t comfortably go more than four hours without the Internet, while 22% of Baby Boomers can go a week or more. Gen Z, which has never known a world without the Internet, not only expects 24/7 digital access but expects that within five years everything – clocks, refrigerators, vacuums, dishwashers and other appliances – will be connected online.

Gen Z has grown up in the hyper-personalized world of targeted advertisements and social platforms. As a result, they are willing to trade privacy for personalized experiences – 44% will provide their personal data to enable a more personalized experience over an anonymous one. Additionally, 44% of Gen Z would stop visiting a website if it didn’t anticipate what they needed, liked, or wanted.

Read More: Brad Dobbins Promoted To President Of Clickbooth

Buying Online

Given Gen Z’s dependence on the Internet, it’s fitting that merely being online is no barrier when it comes to earning their trust as consumers. When asked if an online-only company was less trustworthy than a solely brick-and-mortar business, 75% of Gen Z say no. Gen Z also prefers businesses to have an online presence and a physical storefront, a clear reflection of the “clicks-to-bricks” opportunity brands such as Warby Parker and Bonobos have identified and are capitalizing on today.

As shoppers, Gen Z demands that brands be both socially accountable and imbued with a sense of authenticity in their interactions. 69% of Gen Z are more likely to buy from a company that contributes to social causes; nearly the polar opposite of Baby Boomers, of which only 23% are more likely to buy from companies that contribute to causes with which they agree.

Another interesting digital note: despite Gen Z’s eagerness to access the web using new methods and different devices, they still show a clear preference for a company’s website over a mobile app when making purchases. This fact held true across all generations, with Baby Boomers leading the pack at 85%, followed by Gen X (82%), Millennials (68%), and Gen Z (61%).

Building Online

When it comes to building their career, Gen Z is much more entrepreneurial than their predecessors – 64% plan to start their own business. They are also the first generation to express an interest in building a tech business over retail, the first preference of all other generations. 66% of all Americans would start their business online first, proving that most new companies will be a tech company at heart.

For Gen Z, building a personal brand is also highly instinctive, but they are much more purposeful and conscientious about it than their Millennial counterparts. 72% of Gen Z worry that their online actions, including social media posts and past purchases, will affect job offers. 53% believe their online reputation will determine their dating options. Perhaps that’s why Gen Z is fiercely committed to authenticity when considering the brands they use and buy. 79% of Gen Z trust a company more if the images they use are not photoshopped and 84% trust a company more if they use actual customers in their ads.

Read More: SalesTech Interview With Matt Amundson, VP Of Marketing At EverString

The following are key findings from the study.

  • Internet vs Education: A staggering 64% of Gen Z would rather have unlimited access to the Internet and no college degree than a college degree and no access to the Internet. This was a tracking question from the 2017 survey and it jumped 23% year over year (52%).
  • In Internet We Trust: Gen Z is the first generation to view the people who manage or build the Internet as more important than political leaders around the world, with 54% of Gen Z reporting that belief. This increased 12.5% from 2017 (48%) to 2018.
  • Content Matters: 26% of Gen Z prefer to be entertained by a company’s online content, while 92% of Baby Boomers prefer to be informed. 82% of Gen Z are more likely to purchase from a company that provides consistent and relevant content (videos, blogs, social media posts, magazine).
  • News vs Entertainment: When it comes to news, 85% of all Americans prefer that it is accurate, however Gen Z (18%) and Millennials (19%) lead those who prefer it to be entertaining. Gen Z had the least amount of trust in the news, with only 21% saying they trust or highly trust it compared to 37% of Gen X and Baby Boomers.
  • Tech Forecast: Gen Z has a powerful tech-centric view of the future. When thinking about how websites will function five years from now:
    • 80% of Gen Z believe that with biometrics (fingerprint and face recognition, voice and speech recognition), Internet authentication will be done without keyboards.
    • 78% think that through augmented reality or virtual reality, the Internet will impact our view of the world constantly, wherever we are.
    • 72% believe that everyone will have their own personalized virtual digital assistant (Siri, Alexa, etc.) to help them do everything they need to do online.
    • 79% think all software and websites/digital experiences will have digital learning/AI capabilities.

“Gen Zers are empowered, connected, practical, empathetic self-starters who want to stand out and make a difference in the world,” said Jason Dorsey, President at The Center for Generational Kinetics. “They merge the human and digital experiences – it is all one combined reality for them. They are fueled by technology engagement and value uniqueness, authenticity, creativity, shareability and purpose. And they look for that from the world around them.”

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Raised on the Internet, Gen Z Lives in a Different World

From being to buying and building online, Gen Z is already changing the way we build digital experiences. While generations from Baby Boomers to Millennials continue to view the Internet as bimodal, Gen Z is the first generation to intrinsically combine the digital and the physical worlds. From now on, the digital experience will be synonymous with our human experience.

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Artesian Urges Organisations to Boost Their Investment in Technology by Implementing Effective Sales Training

Artesian Solutions, the powerful Artificial Intelligence driven service that equips sales teams with the resources they need to succeed in a modern commercial environment, urges organisations to invest in effective sales training, seeing it as vital to boosting their investment in sales technology.

According to a 2018 survey by Hubspot, 26% of sellers still rate their on-the-job sales training as in-effective. Artesian sees this as unacceptable, especially at a time when vendors can offer so much more, and wants companies to realise the extent to which effective sales training can impact performance. A survey by Salesforce in 2018 highlighted the importance of learning and development, saying that high performing sales teams that pay close attention to training see 9% faster revenue growth as a result. A similar study by Sirius Decisions found that the highest-performing sales organisations were 2x as likely to provide ongoing training compared to low performing teams.

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Whilst Artesian is helping sales teams work smarter by embracing technology to prospect intelligently, build a deeper level of understanding about audiences, engage with a greater level of credibility, uncover new opportunities, mitigate risks, and ultimately accelerate sales and improve profitability, it believes effective sales training is essential to empowering sales teams, and creating an environment of continuous and sustainable success, day after day, client after client, deal after deal.

In 2018 Artesian:

  • Trained over 3,000 Artesian users, across 350 training courses and workshops
  • Delivered 1,200 pieces of online content via the Artesian Academy.
  • Achieved a 95% excellent or very good approval rating from trainees
  • Earned a 98% recommendation rate for its Academy
  • Maintained an NPS score of +66 within customers undergoing its training courses

Speaking about the importance of effective sales training Mike Blackadder, Co-Founder and Chief Customer Officer commented: “At Artesian we realise that no matter how powerful a technology is, it’s the people and how they use the technology that really impacts change. We firmly believe that providing our users with an understanding of the latest sales techniques and methodologies, on top of granular product training, is the key to helping them achieve their business goals.”

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He continues: “Artesian deploys tailored training and support programmes, as well as a range of online academy style learning resources that have achieved measurable results for our customers. Sales teams experience higher staff churn than other departments, so companies need a way of rapidly onboarding new joiners as well as providing opportunities for continuous improvement to ensure they retain the top talent. I strongly urge anyone investing in sales technology, whether it be delivered by Artesian or not, to look closely at the wrap around support and effectiveness of sales training provided by the vendor to boost their investment.”

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Validating Mike’s view an Artesian customer at one of the UK’s leading banking institutions commented: “Artesian allows us to track usage and seller behaviours, using data to identify opportunities to improve, refresh the skill set, and enhance customer engagements even further. Artesian built a comprehensive training programme for us, and it has delivered. The combination of technology and training means our teams are using the tools we have invested in to their best advantage, even our most experienced sellers have obtained a greater level of knowledge, and we are seeing real improvements in terms of the frequency and quality of contact with customers, this in turn is driving customer advocacy and retention, which ultimately drives opportunity.”

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Qumu Named a Contender in 2019 Aragon Research Globe for Web and Video Conferencing

Leading analyst firm places Qumu in Contender section due to performance, completeness of strategy and global reach

Qumu, the leading provider of best-in-class video technology for the enterprise, has been named by Aragon Research as a Contender in the 2019 Aragon Research Globe for Web and Video Conferencing. This Aragon Research Globe covers 20 web and video conferencing vendors, and places each into one of four segments—Leader, Contender, Innovator or Specialist—based on dimensions of analysis which include performance, global reach, and strategy-related criteria. Other companies covered in this Research Globe include Cisco, Microsoft, Zoom, Google and Adobe.

Although Qumu has been named a Leader five different times in the Aragon Research Globe for Enterprise Video, 2019 marks Qumu’s first overall appearance in the Research Globe for Web and Video Conferencing. “Our company has put significant effort into extending our enterprise video platform beyond simple content management and webcasting,” said Vern Hanzlik, President and CEO of Qumu. “Our inclusion as a contender in the web and video conferencing space proves our business model, which is delivering an end-to-end enterprise video technology solution with a single intelligent platform, and also extends our total addressable market.”

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As part of the 2019 Aragon Research Globe for Web and Video Conferencing, Aragon analysts independently evaluated 20 web and video conferencing firms against a wide variety of criteria including Product Capability, Customer Experience, Global Reach, Market Awareness, Product Strategy, Management Team, Viability, Pricing, R&D Efforts and others. Customer references were also provided by each covered vendor, from every region where the vendor does business.

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“There’s been a notable convergence of markets between web conferencing and enterprise video,” noted Jim Lundy, CEO and Lead Analyst for Aragon Research. “Providers like Qumu are uniting fragmented technologies, such as webcasting and content management, under one platform. We see the demand from buyers to use less applications and instead use integrated platforms across industries.”

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