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The Cause of Bleeding Margins

Customer Centric Selling

Sales Training Article: Why Are Your Deals Bleeding Margin? By John Kenney, Sales Benchmark Index (SBI) This blog post is for those who sometimes find their sales teams negotiating against themselves, closing dirty deals to make quota, or finding their margin-rich transactions disintegrate at the end of quarter.

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The CEO’s Hiring Guide for Sales Leaders

SBI Growth

This will dramatically affect profit margins and the lifecycle of your competitive advantage. Social Prospecting - Prospect both new and existing accounts through use of social techniques. Social Intelligence - Defined as the use of social techniques for generating revenue from new prospects. How do your customers buy?

Hiring 316
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Sales Strategy: From Vision to Execution

SBI Growth

Examples here are wide ranges in either revenue/deal or margin/deal. Benefit – Gives you the ability to prioritize your customer/prospect base. Success Metrics – higher win rates, higher average deal size/margin. Follow Sales Benchmark Index @MakingTheNumber. They lack focus on your target market. Sign-up here.

Strategy 317
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3 Steps to Avoid Death by RFP

SBI Growth

Winning more deals at higher margins requires getting in early. Demand Generation efforts are focused on the best prospects and customers. Prospect (Lead Generation). Follow Sales Benchmark Index @MakingTheNumber. Your team is responding to RFPs that they have little chance of winning. Author: Scott Gruher.

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The Pipeline ? Win The Sale Without Compromising on Price

The Pipeline

In these times of shrinking margins and diminishing returns, Mark’s insights will change the way you think about discounting, price, negotiating, and, above all, the all-important concept of value. Prospecting. 3 R’s of Prospecting Success. Sales Benchmark Index. Negotiations. Next Steps. Objection Handling.

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How 2 Brands Successfully Shook Up Their Sales Strategy

Hubspot Sales

And there's a good chance that your sales team might have to adjust the way it approaches prospects and customers. It was also estimated that Nike’s DTC business' gross margins were 62 percent in 2018, compared to 38 percent in its wholesale business that year. Nike noticed a changing tide in retail.

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The Pipeline ? Shrink Your Way To Success

The Pipeline

One approach that intrepid leaders can look to is too shrink the size of territories, based on a number of factors driven by deal size, length of cycle, nature of the offering (new or mature), is the focus margin or market share, is there opportunity for organic growth, or strictly competitive account growth, and others. Prospecting.

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