+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

This LinkedIn survey reveals that India has the highest level of sales and marketing collaborations

Dec 2, 2016, 16:14 IST

Advertisement

How important is it to coordinate between sales and marketing? Highly important if we go by the new LinkedIn research. The study reveals 89% of employees surveyed believe that the relationship between sales and marketing is highly collaborative.


Interestingly, India has a higher level of collaboration (85%) compared to South East Asia (84%), Australia (74%), the United States (76%), and the United Kingdom (73%). The reasons for this higher collaboration level in India include encouragement by company leadership (81%) and both teams aligning on the same strategy and objectives (77%).

Here are some of the key insights from the survey:

1) Collaboration positively impacts business growth and customer experience.
Advertisement

Seventy percent (70%) recipients stated that collaboration positively impacts customer experience, 49% said it impacts financial performance and 65% believed it improves customer retention. Interestingly, 65% also believed that poor collaboration leads to missed business opportunities.


2) Smaller businesses are leading the way in promoting a culture of collaboration
In India, 77% small businesses see the collaboration of sales and marketing as a top priority, compared to 70% large businesses, the survey

ALSO READ: EXCLUSIVE:The startup investor at India Quotient reveals the most lucrative sectors for investment

3) Measuring the impact of collaboration is key to improving it
Ninety-three percent (93%) of respondents believe that businesses measuring collaboration are more likely to collaborate well. To measure the impact of collaboration between the two departments, factors like revenue growth (75%), pipeline growth (57%) and net promoter score (57%) matter.
Advertisement

The survey cites frequent meetings to share ideas (57%), coordination in planning and outreach (52%) and agreement on shared objectives and measurements (49%) as some of the ways to coordinate between sales and marketing departments.
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article