Sat.May 24, 2014 - Fri.May 30, 2014

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How to Avoid Bad Hires

SBI Growth

'Perhaps you have recently made a few hiring mistakes. You are not alone. Statistics show that 80% of employee turnover is due to bad hiring decisions. This is according to The Harvard Business Review. It is frustrating when you think about the time and dollars you invested. Productivity and morale take a hit.

Hiring 331
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53 Takeaways From The Wolf Of Wall Street’s London Seminar

MTD Sales Training

'The Wolf of Wall Street’s story; his rise, his lies, his demise and now the resurrection of Jordan Belfort’s career has fascinated me. So much so that when he came to London on 28th May at the Excel. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Sales 329
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The Secret to Sales Rep Motivation

Steven Rosen

'By Steven A. Rosen. Last week I was speaking with a VP of Sales of a well-known software company. George was not pleased with the performance of his sales team and was under intense pressure from the senior team to turn things around. Sales were off in 4 out of 5 regions and he felt that the sales team was just not motivated. I asked him what he was going to do about it.

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It’s You Job To Lead – Sales eXecution 253

The Pipeline

'By Tibor Shanto - tibor.shanto@sellbetter.ca. No, I am not speaking to sales managers, directors or VP’s, but directly and specifically to front line sales professionals. It is your job to lead the customer to the right decision for their business based on their objectives. So why are you not stepping up, why are abdicating the only thing that justifies the job, why aren’t you doing your job?

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The New GTM Playbook: 18 Ways to Future-Proof Your Sales Team

Longer sales cycles. Increasingly discerning buyers. More meetings. Intensifying competition. Economic uncertainty. Go-to-market teams of every size, in every industry, are grappling with these challenges firsthand. Thankfully, there’s an answer. We’ve developed an entirely new way for GTM leaders to identify and execute proven, data-driven strategies that drive revenue.

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Is Your Sales Process Broken?

SBI Growth

'It’s the monthly Pipeline review call. As the Sales Ops leader, you’re responsible for managing this process. Just before you take role call you’re struck with a foreboding sense of Déjà vu.

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Everybody Has Competition

The Sales Heretic

'I often hear salespeople brag, “We don’t really have any competition.” They believe their product or service is so superior to everyone else’s that they’re truly in a category of one. This is a dangerous mindset, because it’s patently false. No matter what you sell, you have competitors. And ignoring that reality will cost you [.].

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Starting On-line – Closing it Off-line (#video)

The Pipeline

'By Tibor Shanto - tibor.shanto@sellbetter.ca. On May 8, 2014, I had the opportunity to do a Google Hangout with Stewart Rogers, of Salesformics (affiliate link). We touched on a range of topics relating to sales, sales tools, automation, social selling and more. The clip below is a highlight, we talk about the upside of marketing automation for sales people, and an example of a sales that started online, in a social discussion, moved off line and into the win column.

Video 257
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I Just Joined Linked, Now What?

SBI Growth

'A client recently asked me about LinkedIn and its role in Social Selling. They’d heard of it helping others get business, but were skeptical of the claims. They figured it to be another fading fad that would eventually lose its appeal. They admitted to having a professional profile, but hadn’t done anything since. I thought about it for a second, and then asked him a question.

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Buyer 2.0 Wants It All—Right Now

No More Cold Calling

'Are you living up to your customers’ expectations? Technology might make us faster, better, and stronger. But it has also made our customers much less patient. Buyer 2.0 expects us to move quickly—to deliver solutions and results almost immediately. To some degree, technology enables us to do that. But a word of warning: Faster does not always mean better.

Buyer 277
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Supercharge Your Sales: 5 Steps to Effortless Selling

Sales teams often lose precious time hunting for updated sales materials, while marketing struggles to keep these assets accessible and current. It's not just about managing; it's about seamlessly finding, presenting, and sharing critical sales content. All of this takes place within an intuitive, unified platform. Dive into Showell's groundbreaking content management realm.

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Sell Me This Pen

Sales and Marketing Management

'Issue Date: 2014-05-26. Author: Charlie Brennan. Teaser: What's most apparent about the real world of selling that is reflected in the blockbuster movie "The Wolf of Wall Street" is that sales professionals continue to be caught off guard in selling situations they should be accustomed to. What's most apparent about the real world of selling that is reflected in the blockbuster movie "The Wolf of Wall Street" is that sales professionals continue to be caught off guar

Sales 254
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Key to Significantly Improve Sales Training Results

Understanding the Sales Force

'Understanding the Sales Force by Dave Kurlan Before we discuss how to improve sales training, a quick promo for the latest and greatest taking place over at the ever improving Top Sales World. The June issue of Top Sales Magazine has been published and you can download it here. Among all of the important articles this month is mine on The Top 5 Reasons Salespeople Fail to Meet Quota and the Common Link to All 5 Reasons.

Training 246
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Is Your Sales Leader Keeping Up with the Market?

SBI Growth

'Organizations fail when they don’t fail enough. A paradox every CEO should embrace. In other words, push the limits. Constantly test new ideas and embrace change. Your sales and marketing leaders need to be agile to keep up with the market.

Marketing 296
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11 Tips to Build an Effective Customer Relationship

The Sales Hunter

'Many times the sale is won or lost based on the ability of you, the salesperson, to develop an effective relationship. This applies whether it be B2B or B2C. Having an effective relationship with the customer can go a long ways to closing the sale and, more importantly, to closing sale after sale through an […].

Customer 255
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Redefining the CDP: 8 Data-Driven Designs for Successful Customer Journeys

In this guide, discover 8 use cases for how a customer data platform can tackle common challenges faced by marketing, commerce, service, and sales teams. With helpful diagrams and simple explanations in each use case, see how Salesforce’s CDP, Data Cloud for Marketing, powers personalized, real-time experiences across marketing, with capabilities that include: Optimizing ad spend Powering dynamic website content Increasing upselling and cross-selling Resolving service cases with marketing data B

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How to Make Sales To Prospects “Satisfied” With Their Current Source

Jeffrey Gitomer

'We''ve Moved! Update your Reader Now. This feed has moved to: [link] Update your reader now with this changed subscription address to get your latest updates from us.

Loyalty 252
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Negotiation Tactics To Look Out For: “The Nibble”

MTD Sales Training

'You’re nearly there. The sale is drawing to a close and you’ve been negotiating back and forth. You can see the light at the end of the tunnel and finally the relief comes over you as they say. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Are You Ready for the Annual Sales Planning Process?

SBI Growth

'The Annual planning process begins soon for many Sales Leaders. In preparation, it is a best practice to refine your sales strategy. Doing so enables you to build a revenue plan to acquire the necessary budget. This post will help you prepare a world class revenue plan to secure budget.

Resources 288
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Case History - Achieve Lowest Turnover in the Entire Sales Force

Understanding the Sales Force

'Understanding the Sales Force by Dave Kurlan From time to time I get pretty cool emails that make me want to write positive articles instead of negative ones. Today I got one from an OMG ( Objective Management Group ) Partner who wanted to let me know what he learned from one of his clients at a company that you all know quite well (but whose name will be withheld).

Hiring 224
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Retail Tech: Empower Associates, Optimize CX, and Boost Productivity

Speaker: Andrew Regan, Managing Partner at BlueSeed Retail Ltd.

Did you know that 70% of new retail technology fails to deliver expected benefits and can often decrease customer value, service, and experience? With that in mind, how can we empower our store associates to leverage new technology to optimize the customer experience and boost productivity? This exclusive webinar with Andrew Regan will dive into strategies to empower retail associates for success with new technology.

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Starbucks and Munich… What I Learned

The Sales Hunter

'While sitting in the Munich train station drinking my Pike Place coffee, I’m struck by not only the uniformity of how Starbucks does what it does, but also by the differences in what they do. Now, let’s look at the facts. Munich, Germany and Seattle, Washington USA (home of Starbucks) are at least 8,000 miles […].

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Content Marketing is Doomed! (Or, why Las Vegas cookery isn’t all that good anyway)

Pointclear

'Today''s guest post is by Christopher Hosford, editor-in-chief and head writer at HosfordGroup LLC, a New York City-based content marketing agency. He is former East Coast Bureau Chief of Crain''s "BtoB" magazine, and former editor-in-chief of Nielsen''s "Sales & Marketing Management" magazine. He is a regular contributor to ViewPoint and can be reached at chris@hosfordgroup.com.

Marketing 229
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Compensation Plans for Top Sales Performers

SBI Growth

'Effective incentive compensation is designed to reward desired selling behaviors. Your top sales reps have been living with the comp plan since kickoff. By now, they have figured out how to leverage this year’s plan. The top performers have calculated their income for the rest of the year. This is a crucial time for Sales leaders and their HR business partners.

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How Agile Selling Grows Business

Score More Sales

'Be agile or you will lose touch with your buyers – sales will spiral down – have they already? Agile is not just fast, it is a methodology for software development and project management where you do shorter amounts of work and assess, change, and improve. It’s seems unusual these days when a new business book talks about much in the way of new strategies or tactics.

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3 Sizzling Ways to Warm up Cold Calls

Even in today’s data-driven sales world, cold calling remains a fact of life for many go-to-market professionals. Fortunately, today’s sales leaders have a crucial advantage over their predecessors: market intelligence and outreach platforms that can warm up virtually any introduction.

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How to Start Dealing with a Low Performer

The Sales Hunter

'Recently, I wrote a post about dealing with low performers and I promised a series of follow up posts with more details. Here is the best way to start dealing with a low performer: As a sales manager, you need to first determine if the performance issues are attitude related or skill related. If it’s […].

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Is Your Pipeline Full Of Non-Closable Sales Opportunities? Rip It To Shreds!

MTD Sales Training

'My experience tells me that your pipeline is probably full of dead wood! It’s full of those who you’ve called and emailed but whom never respond to anything; it’s full of those who have said “it’s on. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Pipeline 214
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Have You Lost Confidence in Your Sales Leader?

SBI Growth

'As CEO, you must have confidence in your sales leader to make their number. So to lose that confidence can signal a disaster to your year. On the surface, there are many reasons why confidence is lost. But the root of the problem may lie in an inability to be agile. Your sales leader may be unable to keep up with a rapidly changing environment. To be agile means to constantly stretch the limits of your team.

Resources 261
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SiriusDecisions Summit 2014

Pointclear

'Last week I attended the SiriusDecisions Summit in Orlando. This was my third summit and I have enjoyed them all. Author Malcolm Gladwell opened the session with a witty and insightful presentation on the concept of transformation. His point was that before a business can transform, it needs to reframe. To illustrate his point, he used the example of the invention of intermodal shipping, which allows for the shipping of a container full of goods on multiple modes of transport (truck, ship) with

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Connect, Care, Convert: Secrets to Establishing Trust with Niche Markets and Turning Them Into Clients

Speaker: Lynnette Khalfani-Cox, The Money Coach®

Niche markets represent a huge opportunity for the financial services industry in America. From college students and women to communities of color and low-to-moderate-income households, niche populations have specialized financial needs – but they often underutilize many valuable financial products and services. How can you better connect with these consumers?

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Money Monday – Using LinkedIn is a Waste of Time

Score More Sales

'Two different sellers told me in the last week that they are not using LinkedIn as much as I had encouraged them to do because it doesn’t work for them and takes too much time. Both of these individuals have been doing the same old prospecting strategies for a number of years and both really would rather not change. Change is scary. Change involves admitting that you don’t have all the answers.

LinkedIn 209
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VIDEO SALES TIP: The Problem with MOST Prospecting Emails

The Sales Hunter

'If you send prospecting emails, there could be a big problem with them! (Especially if you write them on your computer). The problem? Those emails are more than likely going to be read on a smart phone. They need to be written with that in mind. To find out how to write a great prospecting […].

Video 204
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Can Marketing Provide Quality Leads?

SBI Growth

'Are your reps happy with the quality of leads marketing provides? Lead quality is one of the biggest complaints we hear from our clients. It’s the excuse given for lack of follow-up. How can a marketing leader fix this? The answer lies within your current customer base. This is where the best leads can come from. Last week one of our guys scheduled a meeting with the CEO at one of our clients to discuss additional projects.

Leads 257