The topic of artificial intelligence (AI) is everywhere these days and it will forever change how businesses operate. This is especially true for the sales world. Selling in today’s dynamic landscape is difficult — it requires a wealth of knowledge, skills, agility, and perseverance. But by leveraging AI-guided selling, sellers can build more strategic relationships, effectively engage with buyers, and speed up the entire buying process.
In this post, we’ll share the ins and outs of AI-guided selling, how it will affect go-to-market (GTM) activities, AI statistics that show its current impact, and what it means for the future of sales and marketing.
What is AI-guided selling?
AI-guided selling combines human intelligence and machine learning to create more intelligent buyer engagements. Essentially, it combines prescriptive and predictive data to provide guidance to sellers.
Prescriptive AI for sales helps sellers determine the next best action to take during the sales cycle. Predictive AI analyzes insights to identify indicators for the next best step.
For example, every buyer engagement generates data that gives insight into sales activities. How and when was a specific content asset shared? How did buyers interact with specific content? Did a particular sales play lead to a closed-won opportunity?
When this data across multiple systems within a go-to-market (GTM) tech stack is aggregated, B2B organizations can create a comprehensive view of sales activities. When contextual data is collected at scale, it becomes more valuable than any data an individual seller can analyze. As a result, sellers can provide targeted guidance and interactions that are tailored to buyers and valued by every stakeholder.
How long has AI existed?
It’s hard to believe that artificial intelligence has been around for more than seven decades. Our modern understanding of AI was created in 1950 when Alan Turing established the “Turing Test”— an exercise to “test a machine’s ability to exhibit intelligent behavior equivalent to, or indistinguishable from, that of a human.”
Now, the recent emergence of generative AI has opened the door to a number of new uses that can further streamline and eliminate manual tasks. In fact, Forrester projects the global AI market size to grow nearly 40% every year from 2023 to 2030. Additionally, annual spend on AI tools will climb to $79 billion. As AI tools continue to evolve, AI-guided selling has the potential to transform sales and help organizations achieve greater efficiency and performance than ever before.