Coronavirus is keeping tech sales people from closing deals - Business Insider

Investors and pundits are looking at the impact of the coronavirus and predicting some dire economic times ahead.

Franklin was shocked, he told Business Insider, because the coronavirus hadn't yet seriously hampered sales. He was still on track to close deals and felt he had a reasonably full pipeline to pursue in the next quarter or whenever the world recovered from the pandemic, he said. In fact, a poll of 140 "top 5%" sellers in the tech industry conducted last week by Bravado, a social network for salespeople with 60,000 members, found that for most salespeople new business has slowed to a trickle.

And even those that don't get fired may wind up in arrears of their company "draws" or the ability to borrow money against their future commissions, Mansuri fears.Sales consultant Belal Batrawy, who's had a long career in enterprise tech sales and now consults for a handful of startups, also fears that salespeople are going to be hurt.

"Sales are often scapegoats for a poorly run organization," said one laid-off tech salesperson at a less-than 50 person startup. "We were already in sort of a fatal pinch, a startup that was running out of runway [i.e. cash]. This accelerated it even more. Today I got an email saying payroll will not be paid out on the day its supposed to."There are some startups that could prosper because of the pandemic, or in spite of it.

Panic and fear will do more damage than the virus !!! Even if 3% of all the people of the world would die (which is NOT the case as not all will be infected), it means that 97% of all people and 99% of the ones below 75 will survive. How is that for a FULL VASE ? We must go on !

that statistic of preventing 200 deaths presumes they wont get infected later or via some other method. Misleading at best

The truth is there’s never a perfect time to do these things, well always have other things going on. The long we wait it’s going to get even more out of budget

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Tech executives and VCs commit to helping stop coronavirus outbreak - Business Insider'CEOs today have enormous influence in creating social influence in a positive way,' Guild Education CEO and letter co-author Rachel Carlson said.
แหล่ง: BusinessInsider - 🏆 729. / 51 อ่านเพิ่มเติม »

Nike to close stores due to coronavirus through March 27 - Business InsiderSores will also close in Canada, Western Europe, Australia, and New Zealand to limit the spread of the coronavirus. tjmaxx Why don't you do the same? bestbuy NationalEmergency Only US stores.... Just
แหล่ง: BusinessInsider - 🏆 729. / 51 อ่านเพิ่มเติม »

Bars and restaurants closing due to coronavirus, St. Patrick's Day - Business InsiderUS politicians in major cities are calling for bars and restaurants to close ahead of St. Patrick's holiday as partygoers ignore social distancing despite coronavirus spread
แหล่ง: BusinessInsider - 🏆 729. / 51 อ่านเพิ่มเติม »