Welcome to the world of #RevOps After Dark, where we get straight to the revenue news you (hopefully, probably) wanna know, adding in just a jingle of that Rattle-brand tingle.
๐ Quick plug: We're looking for a few more submits to our State of #RevOps 2024 survey! Do it so we can stop asking! Link here.
This week!
- Salesforce bought itself a holiday present in Spiff;
- The Vibe-cession has pivoted โ back to vibin' ๐; and
-The importance of getting your sales process right (pst: It's important).
Now, let's get to business.
Business, Tools & Software News
๐ฐ Salesforce Rolls a Spiff, Creates Career Marketplace
Yup, them Salesforce folks are at it again. This week, the "#1 AI CRM" โ as they're calling themselves now in their press release now (๐ฅด) โ gobbled up the sales commission automation tool Spiff, who lit up at the news. Of course, this isn't just a random or unexpected foray into "becoming one"; these two have been flirting on AppExchange for years โ Salesforce Ventures, even, was already batting their long (fake) eyelashes at Spiff with past hefty investments. Also, while we're here: "the #1 AI CRM" also rolled out their Trailblazer Career Marketplace this week, connecting job-seekers with big-name employers like IBM and Deloitte (which probably deserves its own story but we're not a "#1 AI CRM'-only newsletter okay).
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Other business-y news includes:
๐จ Portrait of the Artist As a Jilted Innovator: Adobe's plan to acquire Figma for $20 billion has been called off due to regulatory challenges in Europe.
๐ฆ Wake Up Babe, New Unicorn Just Dropped: Tamara, a buy now, pay later platform (gulp) in Saudi Arabia, raised $340 million, valuing the fintech at $1 billion.
๐ฉ Not Another 2020's Security Breach: This week, Telecom giant Xfinity disclosed a major security breach affecting about 36 million, urging customers to change passwords, enable multi-factor authentication, and stop using "password123" as your password for the love of all that is holy.
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๐๏ธ Economic Clouds Part, Good Vibes Shine Through
While we never really did get that big, bad recession (๐บ) that so many experts had promised (shucks), we definitely did get some "downer vibes." The good news: American consumer confidence is rising โ faster than expected, too. The consumer confidence index hit nearly 111 points in December.
While that's not exactly "It's a Christmas Miracle, Charlie Brown!"-type numbers (125 is considered "moderately optimistic"), it is a good deal higher than what analysts ย expected (~100). In a double-whammy of unexpected goodness: fears of an actual recession dropped ย to their lowest level this year. Maybe folks need to lay off the eggnog, or maybe...we're actually through the worst of it after all.
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๐ค Your Weekly "A.I. in Revenue" Breakdown
๐ฅพ Left! Left! Left! Prompt-Left! โ "A.I. Bootcamps" are quickly becoming a must-have for workers and companies alike, as both the tech and education sectors are evolving to meet those needs with stuff like "A.I. MBA"s . (Even well established, highly lauded programs like the MIT Sloan business school has updated its ย education online courses to include genAI).
๐จ Alert Your Creatives! โ Google's generative AI for video, Videopoet, does look pretty incredible.
๐โโ๏ธ GenAI's Next Top Model โ We also found this lovely (seemingly legitimately impartial) breakdown about what model suits what business purposes!
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Strategy & Tactic News
๐ The first step to greatness: Get a handle on your process!
Defining a tight sales process? Yeah... that's a foundational step for RevOps. And nobody argues why that is better than our friend (and maybe we're his friend by now too) Eddie Reynolds. According to his awesome post from a few days ago, without it, various aspects โ like deal closures, sales pipeline reliability, marketing ROI, and metrics โ will suffer significantly. And there's a perfectly great explanation why.
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๐ How about just fun to end out the year?
In a post that really should've gotten more love (thank you, LI algo), RevOps guru Natalie Furness, asked her community what y'all think the #1 RevOps Trend of 2024 will be, but to give only wrong answers. (So clearly, nobody was foolish enough to say Rattle ๐ฆ ย ๐ ). Now, we encourage you friends to jump in to the fray with your iconic dry-witty sense of humor. The comments there are already pretty hilarious, if you ask us. ๐
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A Good Read
๐ค Reddit content: At least 15% is corporate bots
File this one under S for "Seems %@#!ing low," but according to this reframed story (Medium membership required) revisiting research from years past, at least 15% of all of the content on Reddit is generated by corporate bots that are hellbent on manipulating public opinion. (As one commenter said, "And another 40% are government bots.") Given the pervasiveness of this phenomenon โ particularly in light of improving gen A.I. โ it does beg the question(s) of how long a website like Reddit can stay viable as they work to maintain consumer trust (that the people they're hearing "YTA" from are actually people).
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The Ad Hoc
๐ฆ We made up with the brontosaurus company
They may be slow. They may be lumbering. They may have terrible taste in food, possess the highest body-mass-to-brain ratio in the history of the world, and the smell? Did we even mention that? It's... ungodly.
Wait... what was I saying?
Oh yeah, we're getting along with the team at Commsor ย now. And there's even video evidence to boot.
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***
And that's it for this whole year! Wow, has it been a wild one!
We'll be back in 2024, ready and rip-rarin' to roll to relieve our RevOps human friends take over the world! ๐ฆ๐
Thanks for your support and remember you can always reach out to us at hello@gorattle.com for any questions, concerns, or cease and desist letters.