Gartner has released its much-anticipated Hype Cycle for Revenue and Sales Technology 2024, showcasing the top technologies that will revolutionize sales over the next decade. The report highlights Emotion AI, Digital Twin of a Customer (DToC), and Machine Sellers as game-changing innovations. Let’s explore the key sales technologies trends!
Emotion AI
Emotion AI analyzes customer emotions through AI-driven software, allowing sales teams to tailor interactions based on real-time emotional data. This technology, while already prevalent in contact centers, holds immense untapped potential in sales, helping businesses deliver personalized, empathetic experiences. However, ethical concerns, such as privacy, will need to be addressed for widespread adoption. Discover more on Ethical AI best practices!
Digital Twin of a Customer (DToC)
DToC creates a dynamic virtual representation of a customer to predict their behaviors and provide a more personalized service. By simulating customer journeys and preferences, organizations can improve customer satisfaction, foster loyalty, and drive higher revenues. Gartner emphasizes the importance of building strong data science skills and machine learning capabilities to fully leverage this technology.
Machine Sellers
Machine sellers are non-human agents that can automate the entire sales process, from product offering to transaction completion. As more customers seek seamless purchasing experiences, early adopters of this technology will secure a competitive advantage, streamline operations, and lock in recurring revenue streams.
What It Means for Sales Teams
Sales leaders need to stay ahead of these sales technologies trends and carefully evaluate when these technologies will be ready for their organizations. The adoption of Emotion AI, DToC, and machine sellers will vary across industries, but those who integrate them early will enjoy a significant competitive edge.
For more insights on Gartner’s Hype Cycle 2024, check out the full report here.