Terms

Virtual Selling

What is Virtual Selling?

Virtual selling is the collection of processes and technologies that enable salespeople to engage with customers remotely, utilizing both synchronous (real-time) and asynchronous (delayed) communications. It encompasses a range of tools and platforms that facilitate real-time and delayed interactions, reflecting an adaptation to changing market conditions and customer preferences.

Advantages of Virtual Selling

Virtual selling techniques can be broken down into several key aspects, such as pre-call planning, prospecting, sales meetings, meeting follow-ups, introductions and handoffs, and proposal follow-ups. These techniques often involve the use of personalized videos, video conferencing, and video recaps to enhance communication and build stronger connections with clients.

Key Strategies for Successful Virtual Selling

  • Utilize technology effectively by leveraging video sales tools like Vidyard, Loom, or Wistia for prospecting, conducting sales meetings via video conferencing tools like Zoom, and including video in meeting follow-ups and proposal follow-ups to enhance engagement and clarity.
  • Personalize the sales approach by creating personalized videos for prospecting, allowing sales professionals to connect with prospects on a more personal level and make emails stand out with a more interactive element.
  • Practice active listening during virtual sales calls, paying attention to the buyer's words, tone, and conversation flow to better understand their needs and feelings, which is crucial when physical cues are absent.
  • Adapt the sales approach to meet the changed expectations of customers in a virtual setting, understanding their business, values, pain points, and respecting their time and potential burnout from virtual interactions.
  • Collaborate with team members by aligning the sales team with other departments, such as marketing, to ensure a unified approach to virtual selling, and using collaboration tools to maintain effective communication and coordination among remote sales teams.
  • Manage time efficiently in virtual selling by saving time on travel, allowing sales professionals to have more sales conversations, and using video for meeting follow-ups and proposal follow-ups to convey messages more effectively and ensure they reach decision-makers.

Virtual Selling vs. Traditional Selling

Virtual selling and traditional selling differ in their approach to customer engagement. Virtual selling leverages digital channels, such as video calls and emails, to interact with customers remotely, offering flexibility, convenience, and efficiency. Traditional selling, on the other hand, relies on in-person interactions and meetings, providing a more personal touch and the ability to read body language effectively.

Essential Tools for Virtual Selling

When selecting essential tools for virtual selling, it's important to choose those that fit the specific needs of your sales process and support engaging video communication. Some popular tools include Vidyard, Loom, and Wistia, which offer features such as easy sharing, integration with other sales tools, and tracking capabilities to monitor engagement. Additionally, consider AI-powered prospecting tools and digital sales rooms to further enhance your virtual selling efforts.

Other terms

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Fault Tolerance

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Performance Plan

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Microservices

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Incident Response

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API

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Revenue Operations (RevOps)

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Event Tracking

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Scalability

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Demand Capture

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Early Adopter

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MEDDICC

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Inbound Sales

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Sales Operations Analytics

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Consideration Buying Stage

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Stakeholder

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Content Rights Management

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Lead Management

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SDK

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Customer Retention Cost

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HTTP Requests

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Lead Scoring Models

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Net New Business

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Business Process Management

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Customer Data Analysis

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Platform as a Service

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Lead Routing

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Application Programming Interface Security

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Agile Methodology

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Segmentation Analysis

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Workflow Automation

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Precision Targeting

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Precision Targeting

Social Selling

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Marketo

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Email Verification

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Serviceable Available Market

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Multi-Channel Marketing

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GDPR Compliance

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Sales Metrics

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Git

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PPC

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Artificial Intelligence in Sales

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Break-Even

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Demand

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Sales Pipeline Reporting

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B2B Marketing Analytics

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Sales Velocity

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Mobile Optimization

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Sales Presentation

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Target Account List

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Video Email

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Spiff

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Demographic Segmentation in Marketing

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Target Account Selling

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Sales Pitch

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Kanban

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Conversational Intelligence?

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Key Accounts

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Database Management

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CI/CD

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Smile and Dial

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Elevator Pitch

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Elevator Pitch

Digital Analytics

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Target Buying Stage

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Target Buying Stage

XML

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Remote Sales

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Sales Methodology

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Closed Won

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Below the Line

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Cold Call

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Statement of Work

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Customer Retention

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Objection Handling

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CSS

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Market Intelligence

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Sales Training

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Private Labeling

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Cybersecurity

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Business-to-Business (B2B)

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BAB Formula

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Buyer’s Remorse

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