Gartner Expects Sales Enablement Budgets to Increase by 50% by 2027
Facing Uncertainty, CSOs Will Invest in Sales Enablement to Adapt to Dynamic Buying Landscape
Sales enablement budgets will increase by 50% within the next five years as a way to address shifting buyer preferences, boost seller effectiveness and drive revenue growth, according to Gartner, Inc.
“Sales enablement is the most critical function for navigating sales teams through the constant change that surrounds them, from economic headwinds to evolving seller roles,” said Shayne Jackson, Sr Director Analyst in the Gartner for Sales Leaders Practice.
“However, budget increases will bring heightened expectations of sales enablement results. The onus is on chief sales officers (CSOs) to prioritize demonstrating its ROI, particularly when faced with ongoing macroeconomic pressures,” Jackson continued.
Read More: SalesTechStar Interview with Mikel Lindsaar, CEO & Founder of StoreConnect
Doubling down on sales enablement increases seller motivation
Sales enablement impacts seller performance, experience and ultimately, the commercial gains for an organization. Yet this becomes increasingly difficult when the seller role continues to change.
Enablement leaders can support the changing role of sellers by:
- Redesigning tools to create collaborative resources that sellers and customers can use together to improve the buying experience
- Optimizing workflow for sellers by focusing on drag reduction to improve quota attainment, engagement and retention
- Updating talent profiles to emphasize digital engagements, buying stakeholders, buying jobs, and situational awareness
- Downsizing training by implementing more effective and efficient learning methods aligned to seller learning habits like microlearning, nudges and practical learning experiences
“By investing in sales enablement as a way to maximize sellers’ engagement and productivity, enablement leaders can change the learning experience of sellers, improve retention and keep pace with the dynamic buying environment,” said Jackson.
Read More: Using Value Selling to Stay Afloat in Turbulent Economic Waters
How sales leaders can prove the ROI of sales enablement
Currently, many sales enablement functions use metrics that fail to show its true impact and are often influenced by factors beyond the function’s control, such as pipeline conversion rates.
To effectively demonstrate sales enablement ROI and, in turn, protect associated budget increases, CSOs should instead focus on:
- Drawing a stronger connection between revenue goals and enablement activities by consulting with sales leaders on the seller behaviors needed to hit their most important sales goals (e.g., better articulating competitive differentiation to win more deals).
- Building and implementing a variety of enablement activities, such as coaching, training and creating tools, to achieve the desired behaviors.
- Measuring those behaviors and gauge enablement impact by comparing changed sales behaviors and enablement activity to the baseline.
- Promoting a complete view of enablement’s impact by building a compelling narrative of the behavior change driven by enablement that ties back to the sales goals.
“Sales enablement drives change in organizations,” said Jackson. “When done well, a sales enablement function is part of the team that influences sales strategy, justifying increased investment. Enablement will evolve and expand its scope to revenue enablement, aligning deliverables to ensure consistency among all roles that interact with customers to directly impact commercial outcomes and further drive sales productivity.”
Gartner clients can read more in “The Right Way to Measure the Impact of Sales Enablement” and “Leadership Vision for 2023: Sales Enablement.” Additional information is available in the complimentary 3-Step Guide to Effectively Measure Sales Enablement.
