Sales and Marketing Management

DECEMBER 28, 2017

Author: Paul Nolan When I wrote about former New York Knicks coach Jeff Van Gundy in this space in 2014, I thought it was a one-off. Sales is competition. Bill Bartlett, author of “The Sales Coach’s Playbook: Breaking the Performance Code,” went even further, expressing his disdain for short-term incentives.

Motivation 225

Motivation Coaching Hiring Incentives 225

SBI Growth

DECEMBER 19, 2013

A few weeks ago, I was talking to an SVP of sales. He had been given an aggressive goal for 2014. I completely lost the battle on the 2014 revenue number” he said. “My The SBI Sales Initiative Assessment Tool has answers. Next, have someone in sales ops aggregate the responses. The topic was his number.

How To 303

How To Incentives Incentive Demand Generation Targets 303

SBI Growth

AUGUST 13, 2013

Remaining effective as a sales force means continuous improvement. This might be a new buyer-aligned sales process. Or sales recruiting to staff a new go-to-market channel. Whatever the Sales Force Effectiveness (SFE) improvement, it will require funds to get it implemented. If it is sales process improvement, Sales pays.

Hiring 288

Hiring Incentives Incentive Benefit 288

SBI Growth

JANUARY 5, 2014

In this post I want to recommend three ideas to raise your game in 2014. Each recommendation addresses the biggest obstacles every sales manager faces to making the number: Not enough ‘A’ players on the team. Every sales manager is time starved. Every sales manager is time starved. POST-SALES SUPPORT. Most don’t.

Sales Management 310

Sales Management Face-to-face Decision Maker Travel 310

SBI Growth

NOVEMBER 15, 2013

If you are like most CMOs, here’s the problem: You’re way ahead of Sales. The competencies required by Sales for Marketing to be successful are just not there. Does the CSO/VP of Sales even understand how Marketing works? Something needs to change for sales to benefit from your marketing programs. Sales people are simple.

Sales Qualified Lead 312

Sales Qualified Lead Ideal Customer Profile Referrals Incentives 312

SBI Growth

JULY 14, 2013

There’s no denying that in sales, talent is a key differentiator. Today’s post is about how Sales Ops can create conditions that enable success. Today’s post is about how Sales Ops can create conditions that enable success. How well have you created conditions for sales success? Huddle Around A Sales Process.

Territories 328

Territories Incentives Incentive Compensation 328

Sales and Marketing Management

SEPTEMBER 12, 2014

Issue Date: 2014-09-01. Teaser: High-tech workers love their incentive stock options, but Microsoft’s Michele Samoulides says that incentive travel programs are some of the software giant’s most effective motivators. read more'

Incentives 159

Incentives Incentive Microsoft Travel 159

Xactly

JANUARY 2, 2019

The sales planning process can become quite complex, especially when it comes to designing sales compensation plans. Ultimately, the new compensation and incentive plans must successfully motivate the right sales behaviors to achieve goals, all while driving growth. Time in sales compensation: 4 years.

Compensation 69

Compensation Incentives Incentive Commission 69

Sales and Marketing Management

SEPTEMBER 24, 2014

Issue Date: 2014-09-01. Teaser: We are excited to report on the findings of a survey of Sales & Marketing Management readers that was sponsored by this publication and the SITE Foundation, an entity focused on raising awareness of the effectiveness of incentive travel. Author: Paul Nolan. read more'

Incentives 149

Incentives Incentive Travel Survey 149

SBI Growth

OCTOBER 21, 2013

As you plan for 2014, are you investing enough in both? Sales Operations is responsible for creating that winning environment. Performance culture is studied in depth in our 2014 Research Tour. 80% of its sales team was outside sales reps. The Sales Operations team moved to reorganize the group.

Hiring 293

Hiring Ideal Customer Profile Margin Face-to-face 293

Sales and Marketing Management

SEPTEMBER 27, 2014

Issue Date: 2014-09-01. read more'

Quota 243

Quota Incentives Incentive Travel 243

Zoominfo

SEPTEMBER 22, 2023

At its core, intent data helps marketing and sales teams identify the companies and individuals most likely to make a purchase, especially in the near future. The more up-to-date information you can see on your future customers, the better equipped you’ll be throughout the entire sales process, which is why we focus on real-time intent.

Intent Data 130

Intent Data Buyer Intent Intent Data 130

Sales and Marketing Management

APRIL 30, 2014

Issue Date: 2014-05-01. Teaser: For several years running, this publication and its predecessors have published an annual cover feature extolling the benefits of non-cash incentives as performance boosters. Internally, we refer to it as our “bash cash” issue. Internally, we refer to it as our “bash cash” issue.

Incentives 136

Incentives Incentive Benefit Research 136

SBI Growth

SEPTEMBER 9, 2013

This post is for HR and Sales leaders who want more. By participating in this free event at your office you will: Learn the best practices of the brightest sales people in our research. Discover tactical solutions to get the most out your incentive comp dollars. But for sales roles, it’s not enough to know “market” conditions.

Compensation 288

Compensation Competition Salary Social Media 288

Sales and Marketing Management

NOVEMBER 14, 2014

Issue Date: 2014-11-01. Teaser: I have been writing about the power of non-cash incentives for longer than I care to admit. " I have been writing about the power of non-cash incentives for longer than I care to admit. Author: Paul Nolan. " read more'

Incentives 136

Incentives Incentive Motivation Research 136

Understanding the Sales Force

JULY 20, 2014

Understanding the Sales Force by Dave Kurlan. Do you know what percentage of sales candidates eventually get hired? Two of the results pointed to an article of mine from earlier in 2014 that answered the question, " How Many Sales Candidates are Worthy of Being Hired? Recruiting is a lot like real estate sales.

Hiring 240

Hiring Real Estate Incentives Incentive 240

Sales and Marketing Management

MAY 13, 2014

Issue Date: 2014-05-01. Teaser: "Bucket list" sporting events like the Super Bowl, Kentucky Derby and college bowl games are increasingly popular group incentive travel destinations. Author: Paul Nolan. We look at what's behind their success and how to choose the right partners to put them together. read more'

Sports 136

Sports Incentives Incentive Travel 136

Understanding the Sales Force

JULY 22, 2014

Understanding the Sales Force by Dave Kurlan The Harvard Business Review finally published a relevant article that I agreed with! With all of that information about their past, how can you possibly gauge potential when hiring for your sales force? Trainable - whether or not the candidate has the incentive to change and adapt.

Hiring 236

Hiring Decision Maker Construction Incentives 236

OpenSymmetry

JUNE 30, 2015

One Wall Street Journal article reports that in 2014, the average turnover for part-time sales associates was 66%, while full-time was less at 27%, with the availability of benefits as the contributing factor to why full-time employees tend to stay. The first transformation relates to organizational culture.

Retail 40

Retail Incentives Incentive Compensation 40

The ROI Guy

NOVEMBER 22, 2013

In your 2014 plans, you likely have some significant revenue growth targets for the New Year. The #1 reason sales reps do not achieve quota goals is not a lack of leads, products, CRM or training – but a failure to effectively communicate value to today’s more frugal / skeptical prospect. Why is this?

Hiring 67

Hiring Revenue Lead Rank Lead Scoring 67

Understanding the Sales Force

AUGUST 20, 2014

Understanding the Sales Force by Dave Kurlan One of the most frequent questions we get from clients has to do with the second most important finding on Objective Management Group''s (OMG) sales and sales management evaluations. This is one of my top salespeople - how can she possibly lack Desire for sales success?".

Hiring 249

Hiring Groups Incentives Incentive 249

SBI Growth

SEPTEMBER 30, 2013

One of the biggest purchases a Sales Department makes is the CRM system. More aligned sales reps and materials. And the sales team ultimately reverts to old habits. Get your copy by signing up for SBI’s 7th annual research tour: " How to Make Your Number in 2014: A Sales Strategy You Can Execute ". The result?

System 303

System CRM Compensation Pipeline 303

No More Cold Calling

DECEMBER 30, 2014

Goodbye, 2014. Which broken sales strategies should we leave in the past (ah-hem, cold calling )? Here’s a hint: Any sales tactics, activities, or systems that help you build relationships with clients and prospects are worth the time and effort. I never expected to have a long, successful sales career. Hello, New Year!

Referrals 260

Referrals Gatekeeper Cold Calling Networking 260

Sales and Marketing Management

AUGUST 20, 2020

In the book, they explain that two brothers from the finance world founded the International Well Building Institute and created a WELL certification process in 2014. The problem of split incentives. One challenge to increasing the focus on healthy commercial buildings is that of split incentives. Allow them some flexibility.

Real Estate 120

Real Estate Hiring Incentives Incentive 120

Hubspot Sales

JULY 22, 2020

Sales always has been, and always will be, about closing the deal. But, sales professionals cannot rely on cold calls and haphazard prospect visits if they want to meet their sales goals and make it into the top 10%. Sales Productivity Tools. HubSpot Sales Platform. Gamifier makes sales performance fun.

Tools 108

Tools Closing Territories Hubspot 108

OpenSymmetry

NOVEMBER 3, 2016

From executive compensation and incentive strategies to the legislative framework, we will dissect this case to address the fact that this is not just a problem plaguing Big Pharma, but any entity that drives people within the organization to a goal through incentive compensation. What is the correlation here?

Incentives 40

Incentives Incentive Compensation Salary 40

Steven Rosen

MAY 1, 2015

Congratulations you have been promoted and you are now the sales manager! Sales organizations tend to promote their top sales reps into sales manager jobs. We all know that this promotion leads to the sales organization losing on two counts. My Article, “ Are You Leading Your Sales Team to Defeat?

Survey 120

Survey Promotion Incentives Incentive 120

Sales Training Connection

FEBRUARY 5, 2014

Drive sales innovation. Senior managers expect salespeople to have a good handle on their needs and interests before sales calls. Time in sales calls can be spent diagnosing and integrating the problems and on generating alternative innovative solutions that will have positive impact on their business. ©2014 Sales Momentum ®.

Health Care 112

Health Care Lead Rank Infusion Decision Maker 112

Xactly

SEPTEMBER 19, 2018

Working in Sales is no easy game. For the days that are more the latter than the former, we’ve put together a list of a handful of motivational sales success stories to bring you some inspiration, along with a list of additional motivational sales articles at the end. The Incentive of Getting Fired. Broke to Billionaire.

Motivation 97

Motivation Compensation Enterprise Enterprise 97

SBI

OCTOBER 1, 2014

They’ll all be participating in this year’s Dreamforce 2014 event at the Mosconi Center in San Francisco. More than 1400 sessions, more than 350 exhibitors, 18 keynotes, 20 parties, 2 rock concerts, and 5 opportunities to help charities on site, there is perhaps no bigger event for sales and marketers. Act-On ToolSkool.

Vendor 139

Vendor Twitter InsideView InsideSales 139

Customer Centric Selling

JANUARY 13, 2014

Sales Training Article: The Sales Manager''s New Year''s Resolutions. By George De Los Reyes, Sales Benchmark Index (SBI) I am big on New Year''s resolutions. In this post I want to recommend three ideas to raise your game in 2014. Every sales manager is time starved. POST-SALES SUPPORT Stop the role corruption.

Sales Management 49

Sales Management Face-to-face Decision Maker Travel 49

Hubspot Sales

JANUARY 17, 2018

Best Sales Podcasts. Sales Gravy. Linking Into Sales Podcast. The Sales Evangelist. Bowery Capital Startup Sales Podcast. Get in the Door: Sales Prospecting Strategies & Tactics. The Sales Babble Podcast. Sales Pipeline Radio. Make It Happen Mondays -- B2B Sales with John Barrows.

Scale 145

Scale Sage Lead Rank Lead Scoring 145

Allbound

JANUARY 22, 2020

When Hubspot first launched its partner program in 2014, it generated 33% of its revenue and made up 42% of its customers, all within the first quarter. Knowledge of sales process. To adequately equip them with the skills to sell your product, you must be an expert in your sales process. Target market. Ensure client success.

Scale 74

Scale Hiring Channels Microsoft 74

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. Some pay commission based on sales, while others only pay on margin; still others blend both with incentives and special bonus plans.

Compensation 81

Compensation Margin Hiring Commission 81

Sales Training Connection

AUGUST 1, 2014

Teams now contribute in several ways – from participating in pre- and post- sales calls to being on a client site and identifying opportunities for growing existing business as well as new opportunities. Just team selling , however does not guarantee sales success. ©2014 Sales Momentum, LLC. Take a look. .

Incentives 93

Incentives Incentive Guarantee Engineering 93

Partners in Excellence

MARCH 4, 2014

Every day I speak with sales leaders and sales professionals who are struggling. CSO Insight’s 2014 Performance Optimization Survey shows continued performance declines with 58.2% of sales people making quota (down from the previous year at 63%), and 83.9% When Sales People Don’t Change?

Compensation 88

Compensation Incentives Incentive Engineering 88

Cincom Smart Selling

MARCH 11, 2016

As a channel manager, you know that your indirect sales channel can be an excellent source of revenue. The first and probably biggest challenge is visibility—just knowing what’s out there as sales-in-process. Are our sales incentives working? As a manager, it sheds light on where the business is in the sales process.

Channels 54

Channels Video Face-to-face Licensing 54