Outreach, the leading sales execution platform helping revenue organizations create and close more pipeline, today announced the Outreach Winter ’23 Sales Confidence Index. The survey of 507 B2B sales leaders in the U.S. and U.K. at the end of January 2023 revealed that respondents continue to have a positive outlook when it comes to their ability to grow their revenue in the short and long term, despite a turbulent economy.
“When you read today’s headlines, there’s a general consensus of a softening across all markets. However, the data from our survey shows that, across industries, B2B sales leaders remain bullish in their ability to drive growth,” said Manny Medina, CEO and cofounder of Outreach. “What I’m seeing is that fear and uncertainty are causing longer deal cycles, and more approvals — all the way up to the CFO — are needed to get a deal done. This environment makes it very difficult for sales leaders to accurately forecast their pipeline, but deals happen when sellers focus on solving a distinct business problem for their customers.”
Eighty two percent of sales leaders in January expect to increase revenue in the current quarter, down slightly from the 85% of respondents in October. Respondents cited the following top five reasons for their positive outlook: overall sector performance, customer buying intentions, customer budgets, introduction of new sales technologies, and a change in sales processes.
Only 3% of the January respondents expect a slight decrease in revenue in the current quarter, up slightly from 1% in October. The respondents expecting a decrease represent a variety of industries, including Business and professional services, Financial services, Technology and/or technology services, and Agriculture and food and/or beverage.
In addition, 74% of those surveyed in January are planning to increase headcount in the next six months, which is down only slightly from 77% in October. And, out of those who plan to increase, 67%…
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