Sales and Marketing Management

JANUARY 18, 2021

Author: Seamus Dunne How is your business performing regarding its current sales figures? Have you met your target margins or is there much to be desired in terms of success? Communication is the basis of any solid sales platform and a handful of VoIP strategies can help to maximize your current efforts. Click-to-Dial Options.

Webinar Metrics 199

Webinar Metrics B2B Strategy Telecommunications 199

Close.io

OCTOBER 1, 2018

So you want to become a sales manager ? First you’ll need to make sure you’ve got the right skills, experience, drive and track record at the helm in both selling and at managing others—in order to back yourself up. Want to get a ready-made set of resources to manage a sales team effectively?

Sales Management 115

Sales Management Hiring Lead Rank Forecasting 115

Partners in Excellence

DECEMBER 16, 2014

As with the prior articles, I get huge numbers of requests from sales manager to help Hack their jobs. “What are the short cuts?” ” “How do I manage my time better?” Having said that, here’s a few of my favorite hacks to sales management. That’s 100 deals.

Sales Management 95

Sales Management Hiring Top of Funnel Maximizer 95

Janek Performance Group

MARCH 1, 2023

“I just closed a deal with a 60 percent gross margin!” ” a new sales hire proudly told me early in my sales management career. What’s the net margin? The salesperson looked confused and asked, “Net margin, what’s the difference?”

Margin 62

Margin Decision Maker ROI Hiring 62

Understanding the Sales Force

OCTOBER 16, 2013

Understanding the Sales Force by Dave Kurlan It''s amazing what Harvard Business Review will print on their pages when it comes to the subject of sales. The November 2013 issue featured an article titled Dismantling the Sales Machine. So they say. Here are some of the many problems with their premise. Let me give you an example.

Sales Process 249

Sales Process Margin Survey Forecasting 249

Partners in Excellence

MAY 26, 2014

I’m not sure anyone looks forward to the Sales Management Review (sometimes these are called QBR’s, but there are other reviews). It’s unfortunate, because there’s a huge amount of value in the review process–both for sales people and managers. No value to the sales person.

Sales Management 92

Sales Management Forecasting Top of Funnel Sales Cycle 92

Cincom Smart Selling

JANUARY 23, 2017

If your sales strategy includes moving your product and services through multiple selling channels , you know very well that all channels are not created equal. Different channels imply different markets , different values and different expectations. Everything about these two markets is different. Sales volume and velocity.

Channels 48

Channels Software Software Sales Management 48

Pointclear

NOVEMBER 27, 2017

Territory turnover for this new sales manager isn’t unusual, but the solution can be evasive, expensive and humbling. Experienced sales managers, however, know how to deal with it. He had 10 sales territories in his domestic North American sales force. So, What’s a Sales Manager to Do?

Forecasting 124

Forecasting Sales Forecasts Territories Sales Qualified Lead 124

Cincom Smart Selling

FEBRUARY 9, 2016

In many ways, managing multiple sales channels is like climbing that mountain—it looks easy until you really get into the process, and then the challenges and difficulties become all too apparent. You Need Channel Management. But, managing multi-channels is a strategic process that requires a strategic-level outlook and plan.

Channels 83

Channels Sales Management Sales Qualified Lead Collateral 83

SBI Growth

JUNE 2, 2013

“Do we have a sales turnover problem that needs to be fixed now?". HR is busy filling open Sales Rep positions. This post helps HR and Sales decide if it’s time to fix the underlying cause. She is the HR business partner to sales. She does great work in recruiting and hiring of Sales Reps. This one is obvious.

Hiring 312

Hiring Ideal Customer Profile Margin Commission 312

Your Sales Management Guru

NOVEMBER 28, 2017

Align Sales Compensation with Your Goals A compensation plan that works. Note: This week’s blog is an excerpt from my new book: “Creating High Performance Sales Compensation Plans”. Each has its own business, margins and mix of products and services. Each has its own business, margins and mix of products and services.

Compensation 68

Compensation Margin Commission Salary 68

Alice Heiman

OCTOBER 11, 2022

You may have channel partners as part of your go-to-market strategy, but do you have a strategy that includes how you will support your partners’ success? . For channel sales to be successful, your team must understand how the potential partners will make money with the product or service you want them to sell.

Channels 69

Channels Strategy Margin Ideal Customer Profile 69

A Sales Guy

JULY 23, 2014

Note: This blog post is an excerpt from my new book: “Creating High Performance Sales Compensation Plans”. Each has its own business, margins and mix of products and services. Some pay commission based on sales, while others only pay on margin; still others blend both with incentives and special bonus plans.

Compensation 120

Compensation Margin Commission Salary 120

Your Sales Management Guru

OCTOBER 6, 2015

11 Actions Sales Management Must Take Now! Sound investment portfolio-management advice ranges from “hold firm with your existing stocks” to “take advantage of a great opportunity to buy at today’s basement prices”. This also is an opportunity to build a better sales team that will increase your market share as competitors lag.

Sales Management 40

Sales Management Ideal Customer Profile Hiring Lead Rank 40

Sales and Marketing Management

MARCH 27, 2019

Author: Mike DeLeonardis, President, North America at beqom Seventy-nine percent of companies say that increasing sales productivity is a strategy they’re using to reach growth targets in 2019, but actually meeting this goal may be a challenge as only 35 percent of average-performing sales reps’ time actually goes to selling.

Strategy 223

Strategy Compensation Incentives Incentive 223

Sales Hacker

MAY 6, 2021

From B2C consumer-focused tech to the next B2B enterprise cloud giants, B2B, and B2C technology companies are springing up left and right and sprinting toward multi-billion dollar valuations (whether on the private or public markets) faster than ever. What’s the difference between a VP of Sales and a Chief Revenue Officer (CRO)?

Hiring 95

Hiring Retention B2C Demand Generation 95

Close.io

JANUARY 23, 2020

For example, if a sales rep sells a product at $1,000 and the flat rate commission per sale is 5%, they get an extra $50 in their paycheck. All sales, regardless of size, are rewarded with the same commission, so it can affect volume, which in turn, may affect your bottom line. The advantage of this structure is its simplicity.

Commission 94

Commission Hiring Margin Scale 94

Partners in Excellence

NOVEMBER 5, 2021

We talk about sales people as problem solvers, working with our customers to identify and help solve their problems. We are creating massive sales assembly lines optimizing the order taking process. ” Fast forward to today, research shows customers have a preference for minimizing sales involvement in their buying journeys.

Revelation 118

Revelation Margin Discount Retention 118

Zoominfo

OCTOBER 22, 2021

You can add “business development vs. sales” to that long list. Sales is, well, sales: bringing your product to your target market. Business development can concern anything your company does to expand its market reach. The Difference Between Business Development vs. Sales, in Detail What is Business Development?

Hiring 130

Hiring Sales Qualified Lead Buyer Persona Scale 130

Janek Performance Group

OCTOBER 1, 2021

News flash—part of the responsibility of every sales manager is to teach their salespeople how to help clients make decisions. If your sales team is not consistently generating referrals from clients and instead view it as a problem, then treat it as a coaching opportunity. It’s called reciprocity and it’s rarely used in sales.

Referrals 118

Referrals Scale Influencer Lead Rank 118

Partners in Excellence

SEPTEMBER 5, 2019

Hundreds of pundits, thousands of articles, hundreds of books, hundreds/thousands of sales/marketing automation suppliers purport to have their miracle cures to fixing sales performance. I’ve become a broken record on this issue, citing the data on declining sales/management tenure.

Sales Talent 91

Sales Talent Face-to-face Margin Retention 91

The Pipeline

MARCH 6, 2012

The Pipeline Renbor Sales Solutions Inc.s Win The Sale Without Compromising on Price. Stored in Attitude , Book Notice , Price , Proactive , Sales Leadership , Sales Success , Sales Technique , execution. All sales aren’t created equal. A Random Walk Up Sales Street. EDGE Sales Process.

Pipeline 212

Pipeline Hiring Top of Funnel Cold Calling 212

SBI Growth

DECEMBER 24, 2012

Below are six of the worst decisions we’ve seen senior sales leaders make. Again and again, we encounter sales leaders who are certain they know their customers. Without researching how customers make a purchase decision, your sales force could be misaligned. Too Much Love for the Legacy Sales Organization.

Hiring 326

Hiring Lead Rank Collateral Demand Generation 326

Bernadette McClelland

JANUARY 15, 2017

Very much like the sales profession. On my return home, I was asked to prepare for an interview and one of the questions was whether I had seen any changes over the past few years in the B2B sales space and if so, what were those changes? What has changed though is what we are selling, and how we now go to market.

Telemarketing 150

Telemarketing Lead Rank Margin Retail 150

Your Sales Management Guru

OCTOBER 7, 2014

Creating a Sales Compensation Plans. Some pay commission based on sales, while others only pay on margin; still others blend both with incentives and special bonus plans. Your sales management team must understand your company’s overall goals and structure compensation to align with them. Sizing It Up.

Compensation 81

Compensation Margin Hiring Commission 81

Sales and Marketing Management

SEPTEMBER 7, 2018

Open budgets tend to lead to improved morale due to the general ability for reps to feel like they have a chance at winning and that will lead to more sales. It’s time to let go of the myth that a contest with only one big winner of a huge grand prize will get everyone in the sales force engaged. based sales forces.

Incentives 166

Incentives Incentive Sales Qualified Lead Territories 166

Zoominfo

AUGUST 26, 2021

You can add “business development vs. sales” to that long list. Sales is, well, sales: bringing your product to individuals in your predetermined target market segment. Business development can concern anything your company does to expand its market reach. They can also be invaluable in times of market uncertainty.

Hiring 130

Hiring Sales Qualified Lead Buyer Persona Scale 130

Sales Hacker

OCTOBER 7, 2020

But if you are a VP of Sales being told to reduce costs, what is the best way to approach these cuts to minimize damage to the company and your team? Sales should be one of the last places to reduce costs — after all, salespeople are the engine of the revenue machine. Margin compression is a huge obstacle to overcome in a down economy.

Hiring 105

Hiring Salary Margin Compensation 105

Salesmate

JUNE 23, 2020

SaaS businesses that have just started out in the market have to make their resources last for a longer time for maximizing the profit margin. This is a simple cycle of extending their stay in the market and compete. As a SaaS, you are ever-evolving and so is the market. Managing business-critical data.

CRM 126

CRM Hiring Software Software 126

The Spiff Blog

OCTOBER 19, 2023

Believe it or not, the new year is right around the corner– and that means it’s time to plan your sales compensation strategy for 2024. But, in this era of constantly shifting market conditions, it can be difficult to know what changes will best set your sales organization on the path towards success. in 2020 to 52.9%

Compensation 83

Compensation Incentives Incentive Commission 83

Pipeliner

DECEMBER 20, 2017

Note: This blog is an excerpt from my new book Creating High Performance Sales Compensation Plans. Each has its own business, margins and mix of products and services. Some pay commission based on sales, while others only pay on margin; still others blend both with incentives and special bonus plans. Sizing It Up.

Compensation 58

Compensation Margin Commission Salary 58

Sales and Marketing Management

JUNE 22, 2020

Sales managers are in a unique position to create a clean slate during the recovery because nearly everyone is. environment, situation) that you as the sales leader are creating for your reps. It’s easy to be stuck on the regular metrics: sales volume, gross margin or profit, number of pounds/boxes/crates of specific products.

Margin 156

Margin Incentives Incentive Trends 156

Apptivo

JULY 11, 2023

What is a sales forecast? Why are sales forecasting essential for a business? How to create a sales forecast? Benefits of having an accurate sales forecast like Apptivo 5. Sales forecasting software and tools 6. What is a sales forecast? Why are sales forecasting essential for a business?

Sales Forecasts 40

Sales Forecasts Forecasting Trends Top of Funnel 40

LeadFuze

JANUARY 1, 2022

How to Make a Go To Market Strategy With Our Proven Template. The Winning by Design Blueprint Series provides a step-by-step go to market plan for every part of the sales process, including developing a go to market strategy. First, we will define what “go to market” really means. Go To Market Strategy.

Strategy 52

Strategy Lead Rank Outsourcing Services Marketing 52

Zoominfo

DECEMBER 13, 2018

With just the click of a mouse and a quick Google search, today’s sales reps have a whole host of resources right at their fingertips—resources that help them streamline and simplify activities like prospect research, sales outreach, and professional development. Today, we do the same for sales reps. 2. Sales Hacker.

Channels 187

Channels Face-to-face Video Hubspot 187

Anthony Iannarino

FEBRUARY 14, 2020

Imagine a sales organization that has chosen a strategy of being high trust, high caring, and high value, and to deliver something far better than their competition, they charge a premium for the value they create. The misalignment here is one of changing the sales organization’s strategy. What does this look like in real life?

Margin 119

Margin Positioning Construction Sales Qualified Lead 119

Partners in Excellence

NOVEMBER 3, 2022

I seldom hear career pathing discussions from sales leadership. Perhaps things like, we move SDRs into AE roles, possibly an account manager role. For a few, possibly sales management. Managers, if they coach, coach for day to day, quarter to quarter performance. Their margins tend to be the best.

Retention 115

Retention Engineering Coaching Face-to-face 115