Yet the sales team are hesitant about acquiring it.
Every sales department has a target of generating more revenues for the business. Latest technologies have the potentialities of making tasks easier for the sales team. But, again, people are scared of involving them as they fear that such technologies might bring job losses.
The reality is somewhat different. Machine learning more specifically Deep Learning, together with human interference can help the business to generate more revenues. But the unnecessary fear that cripples the mind of the team, forbids them from accepting new technologies.
But accepting such new technologies with open-mindedness and full trust on it can make you realize how deep learning can actually be a game changer. It is not a threat for the sales team rather it can work with team members to generate more revenues. Since such technology provides deep insights into the business and can identify the crucial data from millions of other data, it helps the sales personnel to take the right decision at the right time.
Companies who are incorporating deep learning to their system are generating more revenue than others. This robust technology can help the sales department in the following ways-
Identifying the potential customers- with so many customers standing in the queue sometimes the sales personnel becomes confused in identifying the real customers. Deep learning such things becomes very easy. Rather than making predictions based on certain factors, it helps in analyzing the data more efficiently and recognizes the genuine customers. The company starts generating more revenues within a very short time.
Predicting the future- since this part of AI is working actively with millions of unstructured data, it not only identifies the possible customers but also gives a detailed insight to other factors as well.
In addition, it offers various suggestions to the sales team to handle the customers more efficiently. It keeps a record of all the customers helps the team in maintaining a healthy relationship with them which not only reduces the chances of cross-sells but also brings new business to the company.
Discovering new opportunities- Since it holds a track history of all the clients, just by looking at their demand graph deep learning can suggest other things that will be preferred by the customers. Of course, not all customers behave in the same way but nearly 70 % of them purchase products that are recommended based on their early purchases.
Such kind of analysis by machine learning not only generates more revenues by selling more goods to the customers but the sales personnel doesn’t need to do much speculation.
So, what are you thinking about now? If it sounds interesting then you must influence your sales team to engage themselves more into deep learning and soon they will wonder what restricted them from using the cutting edge technology.