Business Daily Media

Men's Weekly

.

Qwilr data shows that professional services and IT and software sectors are best for new business opportunities

  • Written by Staff Writer

Mark Tanner, co-founder and COO

New data released today from sales automation tool Qwilr shows that new business levels have remained surprisingly resilient in certain sectors during the pandemic. New business proposal volumes and engagement rates have remained high, especially within the professional services and IT and software sectors, suggesting that these firms have shown the greatest ability to pivot to remote sales strategies to stabilise new business growth.

Qwilr’s analytics track document engagement levels to show sales teams how their proposals have been interacted with by prospects. The data shows that:

*    Professional service firms saw strong demand for their offerings, with an 8 percent increase in proposal engagement in July. The sector also recorded month-on-month increases of 14 and 11 percent respectively in June and May.

*    Engagement rates in the IT and software industry have remained relatively stable, with small drops of less than a percent in June and July.

*    Media companies were the hardest hit. Following significant month-on-month increases in sales activity of 55 percent in April and 23 percent in May, the sector suffered a 220 percent drop in engagement rates in June -  the largest decline of any sector in Qwilr’s history. However, the sector rebounded slightly with a six percent increase in July, demonstrating that the sector is levelling out and could show signs of growth.

Mark Tanner, co-founder and COO, Qwilr told Business Daily Media: “Since the global economy has headed sharply towards recession due to Coronavirus, we would expect to see engagement levels decline but in fact there are a number of positive signs. It’s clear that there remains significant opportunities for sales teams out there, particularly within the professional services and IT and software sectors - these companies have products and services that are always going to be in demand. However, they also tend to have sales teams used to operating remotely, using technology to stay in touch, and have therefore been able to keep outbound sales up.” said

Qwilr also conducted a survey of its customers, finding that 70 percent feel optimistic about sales opportunities in the next 12 months, despite current uncertainties.

Brisbane’s brightest recognised: Daniel Mikus and James Rolph win Specialist Services Award at the 2025 Brisbane Young Entrepreneur Awards - again

Young Brisbane entrepreneurs Daniel Mikus and James Rolph, cofounders of MR Group, have been officially crowned winners of the Specialist Services...

Members greenlight merger of Regional Australia Bank and Summerland Bank

Regional Australia Bank and Summerland Bank will proceed with a merger after members approved the move at their Annual General Meetings this week...

DesignStreet marks 27 years with a bold rebrand

In a fast-moving industry defined by continuous disruption, one independent creative agency is proving that longevity and innovation can go hand i...

Deputy partners with SuperAPI to streamline employee onboarding and help get shift-based industries ready for PayDay Super

Deputy, the global people platform for shift-based work, has announced a new partnership with SuperAPI, marking a major enhancement to its HR pro...

KuCoin invests in Australian sponsorships of the ACC, plus a major campaign with golf icon Adam Scott

KuCoin, a leading global crypto platform built on trust, announced the appointment of James Pinch as the Australian Managing Director, the establish...

Australian companies pitching to the world’s wealthiest investors

#CapTech 2025 to bring world investors to Australia’s doorstep  One of Australia’s leading business and capital events is bringing together inves...