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In today's blog post, we discuss the technique of going for the "No" early in the salesprocess. It may seem counterintuitive, but countless studies have shown that humans desire what they can't have.
A crappy salesprocess is the culprit of more stuck deals, or lost deals than many of us want to admit. A crappy salesprocess consists of bad or misaligned sales stages. When sales stages have little correlation with how your customer buys or with how your product is sold, you have bad sales stages.
The most successful salespeople are always challenging and adapting their personal salesprocess to be more effective and increase sales. However, they don’t challenge the notion of the importance of making prospecting their "A" priority every week.
The conference is sponsored by Objective Management Group , a company that produces the #1 Sales Assessment tool IN THE WORLD. I am proud to say that, as part of our overall approach to providing critical sales and salesmanagement solutions, we have represented this resource for 18 of the 20 years that we have been in business.
More often than not, sales leaders strive to accelerate their deal cycle, but it’s critical to also consider the opportunity cost. The bottom line is that, in B2B sales, speed is useless without control.
The conference is sponsored by Objective Management Group, a company that produces the #1 Sales Assessment tool IN THE WORLD. I am proud to say that, as part of our overall approach to providing critical sales and salesmanagement solutions, we have represented this resource for 18 of the 20 years that we have been in business.
As salesmanager, business line leader, or CEO, is your team finding, qualifying and closing as much business as you think they should? Most say "No" when we ask that question, which means that something in your client outreach and salesprocess has to change. And that change, we believe, starts at the very beginning.
So what metrics do you use to measure you success as a salesmanager? The average production of each quintile of your sales team increases. Critical conversion ratios improve in the steps of yours salesprocess. As you see, accountability and performance management isn't just for sales.
I’ve been trying to find a way to tie cooking to salesmanagement. I love to cook (and eat) and I love selling and coaching salesmanagement. Thus my attempt to find another way to explain concepts of salesmanagement: COOKING! I think so… and I think the entire process requires a “recipe” for success.
Maximize the Initial Sales Call: The 3 rules. 5 Sales Lessons for Sales Reps I Learned While on Vacation. Sales and a Fish Story. Dont miss "5 Ways That Managers Can Impact Sales This Year in the May-June 2010 SalesforceXP magazine! managingsales (4). managingsales teams (18).
Maximize the Initial Sales Call: The 3 rules. 5 Sales Lessons for Sales Reps I Learned While on Vacation. Sales and a Fish Story. Dont miss "5 Ways That Managers Can Impact Sales This Year in the May-June 2010 SalesforceXP magazine! managingsales (4). managingsales teams (18).
Maximize the Initial Sales Call: The 3 rules. 5 Sales Lessons for Sales Reps I Learned While on Vacation. Sales and a Fish Story. Dont miss "5 Ways That Managers Can Impact Sales This Year in the May-June 2010 SalesforceXP magazine! managingsales (4). managingsales teams (18).
As I continue to think about habits of sales people and the role of the salesmanager in identifying, assessing and “correcting” habits, I keep looking for additional information that might be additive to this string of articles. Ike sent me a link to a survey that was done regarding the hunt for salesmanagers/directors.
Maximize the Initial Sales Call: The 3 rules. 5 Sales Lessons for Sales Reps I Learned While on Vacation. Sales and a Fish Story. Dont miss "5 Ways That Managers Can Impact Sales This Year in the May-June 2010 SalesforceXP magazine! managingsales (4). managingsales teams (18).
The sales pipeline is the most important salesmanagement tool there is. The sales pipeline is like the hard drive of a computer. Like your hard drive, if the pipeline gets messed up or filled with crap, everything slows down and in the case of sales that means revenue. Bad sales stages or poor salesprocess.
I just finished reading a chapter from the book – Harvard Business Review on Strategic SalesManagement. The chapter is “Understanding What Your SalesManager Is Up Against” by Barry Trailer and Jim Dickie. This article was no exception, especially when they were writing about the salesprocess.
Maximize the Initial Sales Call: The 3 rules. 5 Sales Lessons for Sales Reps I Learned While on Vacation. Sales and a Fish Story. Dont miss "5 Ways That Managers Can Impact Sales This Year in the May-June 2010 SalesforceXP magazine! managingsales (4). managingsales teams (18).
CRM, as a sales enablement tool IS NOT SO important to sales success even though it does contribute, aid, help and enable sales people to manage prospects and accounts. We have a sales activities tracking tool called Success Tracker, and internally, we use BASE to manage our pipeline.
Sales people must be able to do this. However, the key to using the "marketing material" is timing in the salesprocess. Notice anything similar in each of the first 5 steps in the salesprocess? Unfortunately, most of the time and effort spent training sales people is spent on "us" rather than "they".
Maximize the Initial Sales Call: The 3 rules. 5 Sales Lessons for Sales Reps I Learned While on Vacation. Sales and a Fish Story. Dont miss "5 Ways That Managers Can Impact Sales This Year in the May-June 2010 SalesforceXP magazine! managingsales (4). managingsales teams (18).
How many times have you heard this: “Just because he or she is your best sales person doesn’t mean they should be promoted to salesmanagement.” A sales person is killing it. They are the top performer for years and when a salesmanagement position opens up, BOOM! they get the job.
Many hotel and venue managers we speak to are frustrated. They keep experiencing low sales conversions and missed opportunities, and they are tearing their hair out wondering why their sales person or team is not performing. So do your salesprocesses support your sales team in each of these steps?
Shitty salesmanagement can kill pipeline movement. As sales leaders, we spend so much of our time evaluating our teams and the individuals on them, we often forget that our s**t can stink too. This is especially true with first line managers. I like how the book (The Challenger Sale) does this.
They manage to the quotas. They sit next to, talk with and are closer to the sales people than any other person (role) in the company. Salesmanagers are the lynchpins to success in sales organizations. Salesmanagers are the key to a humming sales organization. They distribute the quotas.
In this article, we offer solutions for your CRM system and provide 5 concrete steps in helping your salespeople improve their numbers and ratios so that a salesmanager can more accurately identify choke points in the salesprocess.
Based in the companys New York City office, she will play a key role in the investment salesprocess with responsibilities spanning underwriting, client relations and transaction execution. Her career began with JLLs Hotels & Hospitality Group where she was part of the full-service investment sales team in New York.
Maximize the Initial Sales Call: The 3 rules. 5 Sales Lessons for Sales Reps I Learned While on Vacation. Sales and a Fish Story. Dont miss "5 Ways That Managers Can Impact Sales This Year in the May-June 2010 SalesforceXP magazine! managingsales (4). managingsales teams (18).
I read the white paper, and it clearly identified common problems with CRM tools such as SalesForce.com, ACT and other pipeline management tools. And, because of these problems, there are challenges in the predictability of future sales. Sales people are more passionate about success when it has something to do with them.
The single most important element of account management and one of the most critical sales skills is proactivity. Yet, unfortunately, far too many farmers or account managers leave too much to reaction or reactivity. The great advantage to account management is your access to data. Manage them proactively.
In the world of sales, there are two distinct roles that professionals often find themselves in: the salesmanager and the trusted advisor. Cory Falter recently invited hotel sales consultant Kristi White on the InnSync Show for a discussion on the differences between the roles of a salesmanager and a trusted advisor.
The companies who have had the most success with our programming have followed the process: Test, Train and Track. They have also adopted the SalesManaged Environment® and Effective Sales System as their own. Can we close more sales? Do our systems and processes support a high performance sales organization?
Maximize the Initial Sales Call: The 3 rules. 5 Sales Lessons for Sales Reps I Learned While on Vacation. Sales and a Fish Story. Dont miss "5 Ways That Managers Can Impact Sales This Year in the May-June 2010 SalesforceXP magazine! managingsales (4). managingsales teams (18).
I don’t give a rats ass about a sales opportunities status and as a salesmanager you shouldn’t either. ” Status is the lame update sales people share during the weekly pipeline meeting. SalesManager – “Hey Bob, what’s the status on the Techform opportunity?
Maximize the Initial Sales Call: The 3 rules. 5 Sales Lessons for Sales Reps I Learned While on Vacation. Sales and a Fish Story. Dont miss "5 Ways That Managers Can Impact Sales This Year in the May-June 2010 SalesforceXP magazine! managingsales (4). managingsales teams (18).
I have spent much time studying time management, or something I often refer to as Me Management since you can’t control time, but you can control what you do between the ticks of the clock. Calibrate Your Priorities : There is nothing more critical to effective time management than determining your priorities.
The technology enables hotels to streamline processes, shorten sales cycles, and significantly increase revenue from meetings and groups. Yet, the salesprocess remains largely manual and resource-intensive, with hotels sending proposals often only after 48 to 96 hours. The terms of the transaction remain undisclosed.
I’m a big fan of training, it’s true that most sales people wing it; they need structure and discipline in how to go about organizing their work. If management can’t be bothered to get their act together, can we really fault sales people/team? Sales structure, systems and discipline can help.
Maximize the Initial Sales Call: The 3 rules. 5 Sales Lessons for Sales Reps I Learned While on Vacation. Sales and a Fish Story. Dont miss "5 Ways That Managers Can Impact Sales This Year in the May-June 2010 SalesforceXP magazine! managingsales (4). managingsales teams (18).
As part of my visit I spent some time with Mark Trinkle, one of our sales development experts, during one of his sales training sessions for new hires. Our client has an 'immersion program' designed to help new hires get up to speed quickly in execution of their salesprocess and salesmanaged envirionment.
Unfortunately, despite everyones best intentions, unless you are at the very end of the sales cycle and everything has been completed, this is a fruitless questions, with a very low probability of being answered correctly. Yeses are the activities, deliverables, agreement or commitments your prospect makes during the salesprocess.
Maximize the Initial Sales Call: The 3 rules. 5 Sales Lessons for Sales Reps I Learned While on Vacation. Sales and a Fish Story. Dont miss "5 Ways That Managers Can Impact Sales This Year in the May-June 2010 SalesforceXP magazine! managingsales (4). managingsales teams (18).
I’ve been in the sales and salesmanagement consulting business for 21 years. Prior to that, I was an insurance wholesaler, an insurance agent, a Nautilus Regional SalesManager, a Nautilus Regional Sales Rep and collegiate athletic coach. Guaranteed! Did you like today’s post?
Maximize the Initial Sales Call: The 3 rules. 5 Sales Lessons for Sales Reps I Learned While on Vacation. Sales and a Fish Story. Dont miss "5 Ways That Managers Can Impact Sales This Year in the May-June 2010 SalesforceXP magazine! managingsales (4). managingsales teams (18).
I’ve been in the sales and salesmanagement consulting business for 21 years. Prior to that, I was an insurance wholesaler, an insurance agent, a Nautilus Regional SalesManager, a Nautilus Regional Sales Rep and collegiate athletic coach. Guaranteed! More Resources: Why is Qualifying Prospect So Hard eBook.
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