A Beginner's Guide to Running a Comparative Market Analysis

Hubspot Sales

A home’s current worth can be difficult to pinpoint, and the best and most common way to find out how much a home is actually worth is by running a comparative market analysis. A Comparative Market Analysis (CMA) is an in-depth report on a home’s current value.

The Six Skills of Great Sales VPs

Sales Benchmark Index

Not all “A” Player sales reps were meant to be managers. If you’ve been in sales long enough, you’ve seen this mistake unfold. He neglects his skill development and sales initiatives. Frequently, the top manager gets the nod for the VP of Sales.

5 Steps to an Effective Sales Strategy

Sales Benchmark Index

The board is not happy with the results of your last strategic sales initiatives. Cost of sales is rising and no revenue lifts to show. In addition, you made sure you built the proper consensus between sales and marketing. Common Signs of Poor Sales Strategy.

Sales Tips: WHY Good Sales Teams Lose

Customer Centric Selling

Sales Tips: Understanding Why Good Sales Teams Lose in Competitive B2B Opportunities. Sales losses are hard. Sales teams often feel as though they’ve given their best proposal, their best price, their best value proposition. How quickly did sales get back to the buyer?Was

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Sales Role Agility

Partners in Excellence

It enables us to build models and constructs. We characterize and categorize sales people–putting the different types into boxes–hunters/farmers, lone wolves, consultative, connectors, challengers, relationship builders, conductors, builders, transactors, and so forth.

10 Sales Proposal Templates to Automate the Closing Process

Hubspot Sales

Sales teams at HubSpot and our customers have used templates from PandaDoc to create proposals, accelerating the way they transact and close deals. Sales Proposal Templates. Sales Proposal Template. Construction Proposal Template. Sales Closing

Increase Sales Forecast Accuracy and Speed Up Your Pipeline

Zoominfo

Are your sales forecasts tied to reality? Is sales forecast accuracy more of a pipedream within your sales organization? Does the speed of your sales pipeline resemble molasses? In fact, less than half of all forecasted sales opportunities actually result in a sales win.

My Favorite Sales Books

Partners in Excellence

Particularly to a group of outstanding people, many of whom are friends–authors of sales books. At this moment, I’m writing “blurbs” for several soon to be published books, by friends, on selling and sales management. Learning Professional Sales Sales Training

Can Your Marketing Team Increase Sales Productivity?

Zoominfo

It’s no secret, sales and marketing teams don’t always work well together. In fact, research shows that 53% of sales professionals are unhappy with the support they get from marketing ( source ). Aligning sales and marketing leads to 38% higher sales win rates.

7 Things to Look for When Hiring Sales Reps with No Experience

CloserIQ

Hiring candidates for entry-level sales positions can feel like a perilous endeavor. Most candidates lack sales experience, and that tends to make hiring managers nervous. A lack of sales experience doesn’t necessarily mean that the candidate doesn’t have relevant work experience.

Creating the Right Agenda for Data-Backed Quarterly Business Reviews

Openview

Many organizations have adopted the practice of hosting Quarterly Business Reviews (QBRs) with each of their sales professionals to review what happened the previous quarter and to, perhaps more importantly, look ahead to future quarters. Introduction and Pipeline Review (Sales Leader).

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New hire sales training – an investment worth making

Sales Training Connection

New hire sales training. A short quiz for sales leaders – How much has the buying process changed in your market in the last five years? Question two – Have you taken a serious look at updating your new hire sales training to keep up with the changes? Scenario Analysis.

How Sales Can Turn The Tables On The Competition

Pipeliner

Construct their strategic game plan and the priorities that you see them pursuing. What sales tactics do they use? Look for comments on sales. Does it expose sales weaknesses, pricing problems or product reliability issues? Put together a small team of sales and marketing people to act like your competitor — include service people on the team as well. The post How Sales Can Turn The Tables On The Competition appeared first on SalesPOP!

Sales Manager Clean Slate Checklist for the New Year

Braveheart Sales

One filled with hope and promise – a clean slate – and, yes, new sales goals. Here is a quick checklist for sales managers to make sure you have everyone focused correctly. Each individual salesperson must know what’s expected of them regarding sales. It’s a new year!

7 skills you’ll need to become a sales manager

Close.io

So you want to become a sales manager ? Making the leap from sales practitioner to sales manager doesn’t have as much to do with being a rockstar that boasts the highest close rate on your team—as it’s concerned with your ability to motivate, lead and elevate others to achieve more.

Analysing the impact of the ‘Amazon Effect’ on B2B Sales

Artesian Solutions

The Consumerisation of B2B: Analysing the impact of the ‘Amazon Effect’ on B2B Sales. Whilst in days gone by the B2B purchasing process was limited to in-person sales interactions, today more and more business buyers are growing to expect consumer-like experiences. Perfecting Post Sale.

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14 Sales Presentation Techniques That Will Help You Close More Deals Today

Hubspot Sales

What makes a good sales presentation? Hate the thought of doing sales presentations ? But the best reps have sales presentations down pat, even if it’s not their favorite activity. The best sales reps know that when done right , sales presentations are a high-earning skill.

New hire sales training: it’s important, it’s underemphasized, and it’s different – A STC Classic

Sales Training Connection

A short quiz for sales leaders – How much has the buying process changed in your market in the last five years? Question two – Have you taken a serious look at updating your new hire sales training to keep up with the changes? Scenario Analysis. Use of Sales Simulations.

How to Setup a Commission Plan in Six Steps

Xactly

Motivating your sales reps is one of the key factors of sales success. In most sales organizations, the sales commission plan is the best way to do this. Your sales commission plan is a portion of your sales compensation plan. Optimize Your Sales Plan.

Can Your Team Become Challenger Types?

Braveheart Sales

Ever since CEB (now Gartner) published The Challenger Sale in 2011, the book has attracted much publicity. Constructing Tension. The disconnect is that the Challenger sale is not a process at all. Through the help of OMG’s research and analysis on over 1.6

8 Great Sales Enablement Systems

Pipeliner

Having the right people at the helm and in every support position on your sales team leads to great wins. In addition to basic HR items, members of the sales team need to be trained on company products and services, sales processes, as well as marketing and sales tools to name a few. In addition to initial training, ongoing weekly coaching and mentoring is critical to ensuring long-term sales success. System Three: Sales/Buying Process.

New Managers: Here's How to Build a Sales Process For Your Team

Hubspot Sales

How to Build a Sales Process for a New Team. At the heart of every high-growth predictable revenue machine is a strong sales process. It enables accurate forecasting and lets sales and marketing work together constructively. In each case, sales process is a focal point.

Sales Automation: Friend or Foe?

DialSource

It’s no secret that sales automation can increase productivity, cutting 8-12% of production costs and increasing sales by 10-30%. It’s simply not possible to automate every aspect of sales, but that doesn’t mean you shouldn’t automate anything at all.

Marketing Goal Worksheet Works with Your Marketing Action Plans Part 2

Increase Sales

Of course before you have constructed these action plans you have invested the time to do your marketing research along with a competitive analysis of your business, haven’t you? Now that you understand what a marketing goal worksheet looks like and how it works.

Ultimate guide to sales emails: How to write sales emails that convert (templates, examples and case studies)

Close.io

B2B buyers receive hundreds of sales emails each and every day. They open only a small percentage of these sales emails, read even fewer, and it’s only a very small amount that they actually act on—whether by writing a reply or clicking on a link. Ah, the sales email subject line.

Gartner Sales & Marketing Conference Recap

LeveragePoint

Last week I attended Gartner’s Sales & Marketing Conference where I joined leaders in sales, marketing, and sales enablement to discuss latest trends, Gartner research, and the future of these functions. If they don’t work, bring in the sales engineers!

Maybe It Is Time to Face the Truth?

Increase Sales

This past week a potential client did not have any resistance to my small business sales coaching fee, but was somewhat fearful of my approach that being one of internalization. This theory is essentially a cost benefit analysis specific to human behavior.

Hiring Best Practice: Test Before You Offer

Sales Benchmark Index

Some sales candidates look great during the hiring process. HR has worked hard to find capable talent, and Sales has committed time and money to ramp the new hire. If you’re a Sales or HR leader, this may be happening all too often. Sales can learn a lesson here.

Why Successful Marketing is Equal Parts Art and Science

Zoominfo

Where marketers once relied on instinct, they now rely on insights gleaned from careful data analysis. Data analysis will reveal useful insights into your audience’s activity, preferences and habits. The science of marketing is an endless process of analysis and adaptation.

Warning: Your Lack of Data Insight is Killing Your Career

Sales Benchmark Index

Your credibility, value and career in Sales Ops hinges on your use of data. Below, I offer the Sales Ops Analytics Guide to help. Let’s take a hypothetic scenario involving two Sales Operations analysts. Big Brain Bill supports eastern US sales.

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Why Business Acumen is Key to Sales Success (And How to Get It)

Hubspot Sales

What sets sales leaders apart from everyday reps? In today’s hyper-connected world, the “lone-gunslinger” model of sales is no longer effective. Share this analysis with your sales manager and impress them with your proactive approach. Network Beyond the Sales Department.

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The Why, What & How of a Lead-to-Revenue Assessment, Part 2 - The How

Pointclear

I challenged marketing and sales leadership involved in 2016 planning to pause and consider conducting the assessment before making any decisions for next year. Step 3 – Data Analysis. Marketing & Sales Alignment

The Best Way to Sell Is With a Story

Sales and Marketing Management

Storytelling is vital at every point in the sales cycle. Nearmap, the company I work for, captures, manages and delivers high-resolution aerial imagery to engineering and construction firms, governments, property and real estate companies, solar installers, telecoms, and others. In the early and mid-stage of the sales cycle we focus on building relationships by sharing relevant, targeted content all of which tells a story.

Can Your Team Become Challenger Types?

Women Sales Pros

Ever since CEB/Gartner published The Challenger Sale in 2011, the book has attracted much publicity. The book also presents the concept of Challengers building “constructive tension” using three elements: Teach – Offers unique perspective and maintains two-way communication.

What’s The ROI Of Stupidity?

Partners in Excellence

” I think it’s an awesome question, I think unconsciously, that may be in the minds of many business and sales leaders as they look for solutions to help improve the performance of sales people. In fact we see billions of dollars a year done though ecommerce, shopping cart sales, electronic trading networks. In recent years, we’ve seen many thoughtful studies about the profession of sales and what separates top performers from others.

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When Will We Stop Thinking Our Customers Are Stupid?

Partners in Excellence

I’m beginning to think far too many sales and marketing people think customers are stupid. Then, somehow the revenue resulting from a large percentage of their deals was attributable to the use of LinkedIn Sales Navigator.

If Hunter-Farmer Fails: What Next?

Sales Benchmark Index

Turnover is a fierce headwind for leaders of Sales and HR. As the strategic HR partner to multiple sales leaders, Steve is responsible for recruiting and retaining top talent. Two years ago Cincom faced a serious talent issue: they could not find and keep the professionals they needed to manage their complex sales cycles. Together, they assessed Cincom’s people to identify traits of successful sales reps. Too often sales leaders want to hire “somebody like me.”

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Why Your Focus on Quota is Killing Revenue Growth

Smart Selling Tools

We rely on quotas as a method for measuring sales rep performance. The more elaborate “magical” tricks make use of smoke and mirrors not unlike how some people construct forecasts. There’s no way to calculate that answer based on quota attainment analysis.

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Stage to Stage Conversion Rate Visualization: Introducing Conversions by Costello

Costello

When I was the COO at Signpost, we had a very data-driven approach to running sales. As a SaaS business, if we didn’t aggressively manage sales productivity, our cost of customer acquisition (CAC) would spike and our unit economics would quickly get out of whack.

PODCAST 24: Building a Tier 1 SAAS Company From The Investor Perspective

Sales Hacker

Tomasz made a name for himself through deep data-driven analysis of the best SaaS businesses and helping the SaaS community unpack the key drivers of growth across different operational frameworks. The impact of sales and marketing on B2B execution.