The future of AI sales tech

The future of AI sales tech

Author:

FINNY Team

Jul 31, 2024

Why Vertical-specific Solutions Matter

The recent article "Death of a Salesforce" by Andreessen Horowitz paints an exciting picture of how AI will transform sales technology. At FINNY AI, we're thrilled to see our vision aligning with many of the key predictions made in this piece. However, we believe there's a crucial aspect that deserves more attention: the need for vertical-specific AI solutions in highly regulated industries.

Shared Visions
The article highlights several trends that resonate strongly with FINNY's approach:

a. Outcome-based pricing: Moving away from per-seat models to pricing based on actual value delivered.
b. Merging of customer success, marketing, and sales: AI-driven insights will blur the lines between these traditionally siloed departments.
c. AI tools that charge for closed deals: A shift towards software that directly contributes to revenue generation. These align perfectly with our mission to empower financial advisors to grow their books of business organically.

The Vertical Difference

While we agree with the overall direction, our experience at FINNY has revealed a significant caveat: there's a general distrust of horizontal, one-size-fits-all AI sales tools in markets with hyper-specific or highly regulated sales processes. This is particularly true in financial services.

Financial advisors operate in a complex regulatory environment, with strict rules governing client interactions, data handling, and investment recommendations. A generic AI sales tool simply cannot navigate these nuances effectively or safely.

This is where FINNY's vertical-specific approach shines. By focusing exclusively on the needs of financial advisors, we can:

1. Ensure compliance: Our AI is trained on industry-specific regulations and best practices.
2. Speak the language: Financial services have their own jargon and client communication norms.
3. Understand unique workflows: From prospecting high-net-worth individuals to tracking money in motion events that act as catalysts, we cater to the specific needs of advisors.
4. Provide relevant insights: By training models on patterns of conversions specific to advisors and prospects, we can predict and score leads with high degrees of accuracy

The Power of Specialization

While horizontal AI tools will undoubtedly revolutionize many aspects of sales, we believe that vertical-specific solutions like FINNY will be essential in industries where generic approaches fall short. By deeply understanding the unique challenges and opportunities in financial services, we can deliver an AI-powered growth engine that advisors can trust and rely on.As the sales tech landscape evolves, it's crucial to recognize that one size doesn't fit all. At FINNY, we're committed to harnessing the power of AI to drive organic growth for financial advisors, with a laser focus on their specific needs and regulatory environment.The future of AI in sales is bright, but in some industries, it will be the specialized tools that truly shine.

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