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Global Social Media Analytics Market Research Report Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast, Top Companies 2020

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With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment.

Global Social Media Analytics Market The report comprises key market statistics such as market size quantified in value terms (USD million), forecast data, detailed market segmentation on the basis of several categories and subcategories, with their market shares. In addition, the report provides detailed market analysis, qualitative insights, future market outlook, growth drivers, challenges, market and technology trends, opportunities for social media analytics providers, etc.

According to MarkNtel Advisors’ research report titled “Global Social Media Analytics Market Analysis, 2020”, the market size of the Global Social Media Analytics market is anticipated to grow at a CAGR of around 26% during 2020-25. The growth of the market is attributed to the considerable customer traffic on the major online social platforms, proliferating number of e-commerce websites, and the growing focus of the corporates toward market intelligence. As of March 2020, the social media users across the globe stood at around 2 billion, which are projected to soar to around 3 billion by 2025. This massive rise in the number of users would induce the demand for social media analytics solutions.

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The Final Report will cover the impact analysis of COVID-19 on this industry: Global Social Media Analytics Market Research Report Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast, Top Companies 2020

The Global Social Media Analytics market has been facing vital constraints due to an increasing volume of raw data along with the user traffic, which could not be managed by a single solution. Moreover, the lack of available technical workforce and supporting technologies is creating a hindrance to the social media analytics market.

Growing Penetration of Cloud-Services Augmenting the Services Segment
Based on the component segmentation, the services segment is projected to attain the highest market growth during 2020-25, as stated in MarkNtel Advisors’ research report “Global Social Media Analytics Market Analysis, 2020”. The market share of services is forecast to register an increase during 2020-25. The proliferation of cloud-based services by the operators in the analytics market is expected to drive the segment growth. The services segment has been further segmented into training and education, and consultation services. The growth in the volume of data is generating the need for advance analytical tools, that require advance knowledge and expertise for maintenance and operation handling.

According to MarkNtel Advisors, some the of key competitors operating in the Global Social Media Analytics market include Oracle, IBM, Clarabridge, Talkwalker, Adobe, SAS Institute, NetBase, and Digimind. The market for social media analytics is highly fragmented with the presence of a large number of local and international companies, and most of the players specialized in particular verticals. Several start-ups have also been sprouted during 2015-19 to cater to the growing needs of end users across various industries. Also, numerous venture capital investments are expected to pour into the Social Media Analytics market during the forecast period.

Fill This Form and get the Sample Copy of This Report: https://www.sdki.jp/sample-request-115795
The Final Report will cover the impact analysis of COVID-19 on this industry: Global Social Media Analytics Market Research Report Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast, Top Companies 2020

The competitors in the Global Social Media Analytics market are undertaking mergers and acquisitions, entering into partnerships, along with product development by the premium leading players.

TABLE OF CONTENT

1. Introduction
1.1. Research Process
1.2. Assumption
1.3. Market Segmentation
1.4. Market Definition
2. Executive Summary
3. Expert Verbatim- What our Experts Say?
4. Global Social Media Analytics Market- Start-up Ecosystem
4.1. Leading Start-ups & Unicorns By Offerings
4.2. Leading Investors & Their Portfolio
4.3. Recent Innovations & Niche Solutions

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

For more information, please contact

Shibuya Data Count
Email: sales@sdki.jp
Tel: + 81 3 45720790

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10 Inside sales skills you need to master to be a top-performing rep

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“She is a born salesperson.”

This is an expression that defines a person with desirable sales skills. Sales skills are not genetic but some people have a natural capability to fit in the sales role. 

Just like any other skills in the market, sales skills can also be learned and mastered.

Mastering the sales skills is essential to succeed in your role as an inside sales rep and will help you perform optimally. 

In this article, we have enlisted some skills required to excel in your performance in a sales role.

What is an Inside sales representative?

An Inside sales representative is a salesperson who is responsible for helping customers in finding what they are looking for. 

Inside sales representatives spend most of their time communicating with leads, prospects, and customers via phone calls or e-mails. Their duty is not only restricted to assist customers but also develop good sales strategies and close deals.

10 Inside sales skills you need to master to be a top-performing rep:

  1. Product Knowledge

Successful sales representatives should have proper knowledge about the product or service their organization stands for. An inside sales rep should know how the product works, what business value it offers, and why is it appealing to the target customers. This kind of extensive knowledge comes from hardcore studying of the product via collaterals of product marketing, training courses, and most importantly attending demos of the product.

             Extensive knowledge of the product enables inside sales representatives to develop effective sales pitches that highlight the important features of the product. This kind of knowledge and expertise distinguishes the top 1% of reps from the rest.

  1. Problem Solving

One of the most vital skills you will need to expertise in is – Problem-solving. It does not matter that how strong your other skills are, problems, challenges, and obstacles are inescapable throughout your sales journey. That’s why you need to adapt to various situations and problems as they arise and not let them degrade the quality of your work.

  1. Communication Skills

Sales is a role that involves constant communication between you and your prospects and customers. From e-mails to phone calls or video chats, communication is the most needed and in-demand skills in any department, but especially in sales.

Effective communication is a dynamic art used in sales to establish relationships with customers and communicate value. Otherwise, what is the point of being a master in a product or service if you cannot convey its value to prospects or customers?

Strategies to communicate effectively are:

  1. Keeping the customer engaged
  2. Being respectful and mindful about the customer’s time
  3. Being precise while delivering the sales pitch
  1. Time-Management

Time is the most valuable resource for all business owners, developing this sales skill of time management is not only beneficial for you but for your prospect’s as well.

A great salesperson should know how to make most of the buyer’s time and their own.

To be specific, the sales rep should have clarity of the particular steps required to close each deal and how much time each step particularly takes. And as priorities change, they should know how to stumble between their day-to-day tasks accordingly.

  1. Strategic Prospecting Skills

Sales Reps might know the product in and out but without prospects to sell to, the knowledge is of little or no use.

To be efficient, salespeople need to design a strategic approach for prospecting and work on it regularly to identify new business opportunities better.

In simpler words, having the research ability for potential buyers, conducting cold calls, and creating new opportunities.

  1. Storytelling Ability

Storytelling not only brings real-life instances that help leads or prospects join the dots to how your product or service can impact their situation.

Stories also serve to build stronger relationships that often help in sales conversion.

Why do stories prove to be an effective way of selling? Because humans remember them and connect with them.

When you tell the facts, features and data in the form of a compelling story, you are more likely to have your prospect’s attention and guide them through the sales process. That is why every salesperson should be well-versed at wrapping their pitch around a compelling story. A story works wonders and becomes the reason for the prospect to buy.

  1. Lead Qualification

One of the most under-rated sales skills which is worth more credit is being capable of quickly qualifying or disqualifying the leads. 

The ability of a salesperson to form speedy and reliable decisions about how likely a prospect will convert into a customer based on the key features about the customer’s business and insights taken from the conversations and how they fit as a decision-maker in their organization- will help you dictate your closing rate.

Qualifying leads is all about asking the right set of questions. There are four main areas you would want to focus on while asking the questions:

  1. Profile of the customer
  2. Internal needs of the customer
  3. Decision making process
  4. The competitors
  1. Master of follow-ups

The earlier you learn the art of following up, the better.

Life happens, people get busy at work or in personal life and their evaluation of your product gets on hold for a while. It is your duty to assure that evaluation is never on hold and you get a clear answer from them- Yes or no. 

If it’s a no then try to get as much as context possible around why it was a no.

Following up is an art, the more your practice, the more you master at it.

  1. Objection Handling

Objections are like facts of life for salespeople. 

An objection if handled in a right way can provide seller with an opportunity to ask more questions.

An objection handled poorly can mess up an otherwise good conversation.

The key is to ensure your sales team, at least, understand the major sales objections such as:

  1. Skepticism
  2. Indifference
  1. Closing Skills

Closing a deal- Everything in a sales process leads to this endpoint.  The moment when your customer finally makes a purchase.

Becoming an expert in closing techniques that get your customer to commit to buying is one of the most essential skills in sales. In HubSpot’s State of Inbound Report, 75% of companies said closing more deals is their top priority.

Conclusion

Sales is a rewarding career path.

While these aren’t the only sales skills you’ll need to master throughout your career, developing a command of these as quickly as possible will set you well along your way path to becoming a top-performing sales representative in your organization. We hope these sales skills will prove beneficial in helping you understand something new about being a great sales manager! And lastly, equipped with the right sales skills and using a Sales CRM like Kylas to manage and track your sales process, you can deliver the best performance possible and have a thriving sales career.

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Orthopedic Digit Implants Market Dynamics and Competitive Scenario

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The COVID-19 pandemic is expected to have a slightly negative impact on the market. As per The Commonwealth Fund, it was estimated that there was a nearly 60% initial decrease in overall outpatient visits by the month of May 2020 due to COVID-19. This was expected to have negatively affected demand for orthopedic sessions as they are usually conducted in out-patient departments. The outbreak of COVID-19 showed an impact on the market because hospital and healthcare services were significantly reduced due to social distancing measures taken by governments across the globe.

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Moreover, the COVID-19 pandemic not only affected the global economy but also showed a huge impact on the functioning of general hospital care for non-COVID-19 patients in hospitals across the globe. As many hospitals and clinics remain closed due to lockdowns, the demand for orthopedic digit implants is expected to be subdued in the short term. According to a study published in the British Journal of Surgery, in May 2020, based on a 12-week period of peak disruption to hospital services due to COVID-19, around 28.4 million elective surgeries worldwide will be canceled or postponed in 2020. More than 580,000 planned surgeries in India might be canceled or delayed as a result of the COVID-19 pandemic, according to a study conducted by an international consortium in May 2020.

With the postponement of these non emergent services the demand for the same has fallen down which includes orthopedic implants too. However, post Covid the piled-up services would be addressed, increasing the demand for these digit implants.

The increase in global geriatric population and the growing prevalence of orthopedic diseases are amongst the primary driving factors for orthopedic digit implants market. Furthermore, rising awareness about minimally invasive technologies and the advent of 3D printing technologies has changed the way orthopedic implant technologies are used. This is projected to positively impact market growth over the forecast period. According to the World Health Organization (WHO), by 2050, people suffering from osteoarthritis is projected to increase to 130 million across the globe. The growing prevalence of arthritis and the growing burden of orthopaedic conditions expected to boost market growth.

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Fungal Keratitis Treatment Market Sector Analysis Report, Regional Outlook

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The Fungal Keratitis Treatment market was valued at approximately USD 702.31 million in 2020 and is expected to witness a revenue of USD 962.94 million in 2026, with a CAGR of 5.79% over the forecast period.

The COVID-19 pandemic is anticipated to impact the growth of the Fungal Keratitis Treatment market significantly. The outbreak of pandemic has led most of the major players involved in research and development activities to halt the clinical trials related to drug development. Additionally, in March 2020, the Centers for Disease Control and Prevention and the American Academy of Ophthalmology recommended that physicians, including ophthalmologists, should limit in-person care to urgent and emergent patients while assuming the use of appropriate personal protective equipment. Also, it is estimated that there was a nearly 80% initial decrease in ophthalmology visits and that as of mid-June there was still a cumulative decrease in ophthalmology visits of 40% in the United States. This is likely to have a negative impact on the market studied.

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The growing burden of fungal keratitis and product development is expected to fuel the fungal keratitis treatment market growth. According to the article “Global Epidemiology of Fungal Keratitis and Its Outcomes” published in January 2021, researchers estimated that the annual global incidence of fungal keratitis to be approximately 1 million cases, with 8% to 11% of patients losing an eye. The risk factors associated with fungal keratitis are trauma, contact lens use, topical corticosteroid use, Diabetes mellitus, and low socioeconomic status. Incidental ocular trauma is undoubtedly the most common risk factor for fungal keratitis. Additionally, several efforts are being made to develop and find new therapeutics for fungal keratitis. For instance, in September 2018, L.V. Prasad Eye Institute, India completed the Phase 2/Phase 3 study on Combination Treatment of 5% Natamycin and 1% Voriconazole in Fungal Keratitis with the randomized double-masked clinical trial. The research institute is likely to initiate the Phase IV trials in 2021. Thus, the positive outcomes of such trials may result in a new treatment that is likely to boost the market growth in the upcoming period.

Also, as of 2021, Aravind Eye Care System, India is investigating a randomized control trial with topical anti-fungal therapy to assess the visual and clinical outcomes of collagen cross-linking in fungal keratitis. The study is aimed at finding the role of corneal cross-linking in non-resolving fungal keratitis in the prevention of perforation and enhancement of the healing process Thus, owing to the aforementioned factors, the studied market is expected to contribute to the market growth, however, loss of patents of product and side effects of the fungal keratitis treatment is likely to hinder the growth of the market over upcoming years.

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Hydroxyl Terminated Polybutadiene Market: key Vendors, Trends, Analysis

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The market for hydroxyl terminated polybutadiene is expected to grow at a CAGR of 3% globally during the forecast period. Growing demand from the construction industry along with increasing demand from the aerospace & defense industry are driving the market growth. On the flip side, higher production costs coupled with unfavorable conditions arising due to the COVID-19 outbreak are hindering the growth of the market.

– The hydroxyl terminated polybutadiene market is expected to grow during the forecast period owing to the growing demand from the construction industry.
– Asia-Pacific region to dominate the market across the globe with the largest consumption from countries such as India and China.

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Key Market Trends

Growing Demand from the Construction Industry

– Hydroxyl-terminated polybutadiene is used in the formulation of adhesives and sealants which are used in the insulated glass sealants, waterproofing, and other sealing applications. It is used in the formulation of polyurethane foam, which is used for efficient insulation by sealing gaps and air leaks, thereby maintaining the interior temperature and reducing energy consumption.
– Moreover, the construction industry in the United States continued to expand in the future, owing to a strong economy and positive market fundamentals for commercial real estate, along with an increase in federal and state funding for public works and institutional buildings.

– The growing urbanization and construction activities are expected to drive the market for hydroxyl-terminated polybutadiene during the forecast period.

Asia-Pacific Region to Dominate the Market

– Asia-Pacific region is expected to dominate the market for hydroxyl-terminated polybutadiene during the forecast period due to the increasing demand from countries like India and China.
– Hydroxyl-terminated polybutadiene is used as in the encapsulants or potting compounds in the electrical and electronics industry. Apart from electronics, hydroxyl-terminated polybutadiene, based sealants are used in the automobile industry for sealing headlamps, speakers, bumper, and damping material. With China and India being a leading manufacturer in the automotive industry with a total production of about 30.2 million vehicles for the year 2019, with a decrease of 7.5% and 12% in production, respectively. However, the growing green initiatives combined with the success of electrical and hybrid vehicles are expected to drive the market.
– Hydroxyl-terminated polybutadiene is used in the formulation of solid rocket propellants for binding fuel and oxidizing agent. The growing space explorations from countries like China and India are expected to drive the market during the forecast period.

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Sri Lanka Lubricants Market – Profiling Global Players Industry Developments, Outlook

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The market for Sri Lanka Lubricants is expected to grow at a CAGR of more than 2% during the forecast period. Increasing usage of lubricants in automobiles and other reasons are driving the market growth.
Decreasing mining and construction activities and the Impact of COVID-19 which in turn is expected to hinder the market growth.

Key Market Trends

Growing Demand for Heavy Equipment from Agriculture Segment

– Sri Lanka, though a small nation, is reasonably endowed with industrial minerals but not with metallic and energy minerals. Sri Lanka’s mining industry majorly focuses on ceramic raw materials, construction materials, fertilizer materials, graphite, and other materials.

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– Tractor, Cultivator, Plows, Harrows, Seed Drills, Transplanter, and others are the common farming equipment that are being used for agriculture purposes. These types of heavy machinery need lubricants for continuous smooth functioning and efficient farming activities.
– The Sri Lankan government introduced Three year National Food Production Programme in 2016 that mainly focuses on increased production of crops locally, minimum food imports, and others. These factors have resulted in the growth of the agriculture segment in the country.

– Overall, LKR. 1.7 billion has been allocated in 2019 for agriculture sector modernization programs that enhance technologies and agricultural infrastructure.
– According to the Department of Census & Statistics Sri Lanka, agriculture production has witnessed highs and lows in recent years. The impact of COVID-19 on this region is one the main reasons in declining the usage of farming technologies and production of various agriculture machineries in recent times.

Expansions in Lubricant Production and other Manufacturing Activities

– During the year 2018, a total of 4,442.3 Kilo Liters of Lubricants were exported to regional markets around Sri Lanka. Chevron Ceylon Limited, Indian Oil Corporation Limited, Shell Markets (Middle East) Limited, and ExxonMobil Asia Pacific Pte. Limited are the major exporters to other regions.
– Leading companies such as Chevron Ceylon Limited, IOC, and Laugfs Holdings Limited have blending plants in Sri Lanka that offer products for both the automobile, industrial sectors, with export capabilities to other regions.
– Recently, another world-leading lubricant company Hyrax Oil Sdn opened a lubricant plant in Sri Lanka in 2019 in collaboration with the Ceylon Petroleum Corp. which can increase the supply of lubricants.

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