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How Oracle Thrived in the 2008 Recession, Even with Missed Revenue Opportunities

SBI Growth

The real estate market is flush. Companies are investing in themselves, growing their businesses, and increasing shareholder value. Now fast forward to 2008. The year is 2007. Stocks are booming. Getting a loan has never been easier. The real estate bubble.

Oracle 215
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Ominous Signs for Sales Teams and Baseball Can Help

Understanding the Sales Force

The stock market has lost nearly all of its gains and the only thing we haven’t yet seen is massive layoffs. Whether or not it’s an economic crisis like 2008-2009, the four things I shared tell us that selling is quickly becoming much more difficult. More importantly, it was short lived.

Hiring 182
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Grow Revenue During a Recession by Being Counter-Intuitive

Understanding the Sales Force

Stock Market down. The economic crisis of 2008-9, and the Covid lockdowns of 2020-2021 showed us that when companies focus on cost-cutting instead of growing revenue, revenue declines - sharply. Can companies add water to grow revenue when the economic conditions are evaporating? Massive layoffs. Cost-cutting.

Revenue 344
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4 Types of Sales Positions That Can Never Be Replaced by AI

Understanding the Sales Force

I began debunking sales articles when the first ones predicting the death of selling appeared circa 2008. Back then, new digital marketing companies were telling everyone that salespeople would be replaced by inbound marketing. Inbound is King," they said.

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The Coronavirus Changes Our Perspective on Sales and Marketing

Sales and Marketing Management

Until this change, there has been a healthy long-term battle between marketing and sales. Marketing has been saddled with delivering leads to sales. Sales has perennially complained that the leads were inferior, while marketing complained that the salespeople were inferior at closing leads. . Questions That Matter.

Marketing 265
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“Never Waste a Crisis” – Enter New Markets to Recession-Proof Your Business

SBI Growth

responded to the last recession of 2007-2008, a recurring theme became the quote made famous by Winston Churchill, “Never let a good crisis go to waste.” As the U.S. ” This was to describe the mindset of the top businesspersons during.

Marketing 248
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Sales Pipeline Dried Up? The #1 Way to Land Top Prospects Now

No More Cold Calling

Companies that take action, win. Ram Charan, author of more than 20 books and consultant to CEOs, said in 2008 : “It’s counterintuitive but true that when the economy slows down, the pace of decision-making has to speed up, because you can’t put off the tough choices anymore. It’s not 2002 and 2003, or 2008 and 2009.

Pipeline 414