Part II The Territory & Quota Management Revolution

OpenSymmetry

The Territory & Quota Management Revolution – New Incentive Compensation Platforms Blazing the Trails to Greater Efficiencies. Gone are the simplistic days of sales reps simply “having a patch” to cover for selling their goods and services.

Hiring a Sales Manager - External or Internal?

Sales Benchmark Index

"Should we hire an external Sales Manager or promote from within?". Open Sales Management positions are bad for sales organizations. Having the wrong Sales Manager (SM) is worse. Hanna has two candidates to help Sales decide between: Iris and Eddie.

Top 10 Problems with Channel Sales - Don't be Held Hostage

Understanding the Sales Force

Understanding the Sales Force by Dave Kurlan When most sales bloggers write about selling, we almost always discuss direct B2B sales. Ignored in all of these articles are those clients and companies that sell through channels. Channel sales is quite different.

Practical Market, Territory and Account Planning

Pipeliner

Off the Cuff Instant Interview Question: “What are some tips for doing practical market, territory and account planning?”. While those of us in sales are usually viewed as not the best of planners, my experience is that we welcome practical, streamlined planning that helps win business. Market Understanding – The fundamentals are the bedrock for sound business decisions, focusing on: Accounts: Verticals, challenges, sizes, sales cycles, market attraction, etc.

Here’s What Every Business Should Know about Multi-Channel Sales Management

Cincom Smart Selling

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. I don’t know how many times I’ve heard marketing folks declare during a midyear progress meeting that the sales numbers for that year can still be made, we just need to open up an indirect channel. You Need Channel Management.

Building a Sustaining Partner Community: a Channel Strategy

Your Sales Management Guru

Channel Strategy: Building a Sustaining Partner Community. -A What I would like to do in this blog is attempt to document and tell the story of one Worldwide channel focused software organization that did it the best– at building their channel. Sales Management.

Four Reasons Sales Managers Fail

MJ Hoffman

You might be a horrible leader, but if you stay in sales long enough, you will be promoted to management. However, your chances of ascending higher — to a VP or Director of Sales position — are zero. Only successful sales managers become sales executives.

Sales Management SOP

Partners in Excellence

The other day I wrote about the “Almost Perfect Sales Management Article.” ” That post stimulated a flurry of questions about a Sales Management Standard Operating Process/System. There are a few key building blocks to the Sales Management/Leadership Process. Overall Sales Strategy. Business Management. People: This category focuses on getting and developing the right people in place to execute the sales strategies.

Leadership: High Performance Sales Management

Your Sales Management Guru

High-Performance Sales Management. Building a strategic and effective sales management system is just like building anything else: It takes time, refinement and follow-through. In the 14 years that Acumen Management Group has been consulting with partners on their sales management challenges, we’ve seen IT trends (cloud anyone?) Sales concepts get recycled, too. Market and territory analysis. Account management strategies.

Rethinking The Sales Organization

Partners in Excellence

In the “old days” the structure of the sales organization was pretty simple. Hire a bunch of people, give them territories with goals and turn them loose to sell. Customers order products from the web, not needing much sales engagement.

Seeing Through the Hype: Making Sense of Sales Enablement Technology

Smart Selling Tools

If you’re like a lot of busy Sales Executives, you’ve likely noticed there are a lot of fantastic podcasts popping up. I recently had the pleasure of being the guest on the Sales Enablement Radio podcast hosted by the Brevet Group. Announcer: Welcome everybody to Sales Enablement Radio.

Prevent ‘A’ Player Turnover

Sales Benchmark Index

Measuring sales turnover as a percentage can be misleading. Yet turnover is probably the most measured sales metric. HR, sales leaders, and Sales o ps all measure it. Many sales organizations are proud that they have a low turnover metric.

7 Creative Sales Team Names to Promote Unity in 2019

Hubspot Sales

A creative sales team name can help unite your team, foster collaboration, and help individuals learn, grow, and reach personal and team goals. For sales managers, a positive and productive team dynamic is crucial to your team's success. Creative Sales Team Names.

10 Ways To Optimize Your Sales Process Through Sales Data

Sales Hacker

You’re collecting all this sales data but are you really getting your best use out of it? Your data is the key to optimizing your revenue engine and kicking your sales process into high gear. Here are 10 ways to improve your sales process by leveraging your CRM data. Channel.

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Transforming Enterprise Sales Organizations With AI/ML

Xactly

Sales compensation is vital to sales success and company growth. For decades, companies have gathered different tools to manage compensation. It is quickly transforming due to a variety of software tools aimed at helping improve day-to-day execution of the sales process.

3 Things Sales Leaders Must do to Stay in Sync with Their Sales Team

A Sales Guy

You have a sales process in place, but the sales manager and sales people are using separate spread sheets with additional stages, because the current sales process doesn’t meet their needs. Hold yourself accountable TO the sales team: .

Top 20 Sales & Marketing Vendors to Follow on Twitter @Dreamforce ’14

Smart Selling Tools

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. Integrate your CRM, webinar management and more, most with one click. Fantasy Sales Team.

Sales Strategy Plan

The Digital Sales Institute

A sales strategy plan is your strategic approach to winning new customers plus developing and retaining existing customers. It also outlines in detail your sales goals and objectives for the period it covers including all the major marketing or sales tactics to be used.

Would You Trash A Multi Million Investment After 18-22 months.

Partners in Excellence

Imagine you are investing in a fantastic sales automation tool. But after 18-22 months, you decide to abandon it, you decide to go through the same process again, with the same levels of investment with a new sales automation tool. The sales person isn’t fully productive.

Your 2012 Sales Plan

Your Sales Management Guru

Your 2012 Sales Plan. It’s a little late to begin planning your 2012 Sales Plan, but in a conversation last week with a reader of this blog, I realized there maybe others who have not formalized their 2012 plan. Sales Goals. 3.1.7 Sales Organization. 4.1.2 Territory definition. Sales Strategy. 5.1.1 Channel strategy (link to Sales Strategy player). Sales Cost Model. 8.1.1 Sales skills.

Thru the Candidate’s Eyes - Attracting Sales Talent

Sales Benchmark Index

For HR leaders, a recent Harvard Business Review blog post provides a stark reminder of the difficult challenge of supporting Sales leaders in recruiting top talent. HR can help the Sales leader to improve recruiting results and play a vital role in making the sales number in 2013. HR and Sales leaders often fail in the execution of convincing the top talent to make the career move. Take a look at each motivator: Abundant Territory Opportunity.

PODCAST 03: Creating a Revenue Model—Why Your CFO Isn’t the DRI

Sales Hacker

On this episode of the Sales Hacker podcast, we talk with Jess Hun t , Head of Global Marketing, Sales & Strategy for Axiom about creating a revenue model. How to develop a sophisticated sales recruiting engine. Subscribe to the Sales Hacker Podcast. 3) A career in sales and marketing [3:30]. 4) The data behind a sales career [5:00]. 7) Building territory plans [12:00]. 9) Sales and marketing alignment [21:35]. Building Territory Plans.

SalesPOP! Top Contributor Spotlight: Janice Mars

Pipeliner

and sales, the importance of asking the right questions, on reaching executives early in the sales cycle, seeing through the customer’s eyes, and the most important sales challenge of 2018. Your audience is very similar to mine – sales executives, sales managers and salespeople who strive to improve their craft to be the best they can be,” she says. I’m fascinated by how much sales has changed since I started my career,” she explains.

Do Your Best Sales Detective Work On Prospects

Pipeliner

Faster than you can say Benedict Cumberbatch three times fast: In sales, you’re only as valuable as the data you’re operating upon. The true sales hunters will dive 10,000 leagues deep below the ocean and know what their prospects had for breakfast that morning. Sales Nav has some of this functionality baked right in with lead saves and relevant news updates on individuals and companies. This is where Advanced Searches on LinkedIn Sales Nav are so handy.

2018 Plans are Set–Time to Execute!

Pipeliner

At Flannery Sales Systems, we just finalized work with three of our customers on their 2018 sales plans. Companies generally spend hundreds of hours to build sales organization plans defining managerial responsibilities, territory coverage, product introductions with cross selling opportunities, compensation, and strategic and key account designations. Pipeliner CRM empowers sales teams to truly make their sales targets. Sales Management Leadership

“Fixing The Compensation Problem….”

Partners in Excellence

I always worry when a conversation with a sales executive starts with, “We need to fix our compensation problem.” ” With relatively naive managers, the response is, “Well sales people are coin operated, if we want them to change what they are doing, we just need to adjust the compensation system.” ” Both of these groups of managers are right in some sense. Where do we start if we are really going to improve sales performance?

Do You Really Understand Your Numbers?

Partners in Excellence

As sales people and managers, we are often obsessed with the “numbers.” I’m amazed by the number of sales people and managers that really don’t understand their numbers, or how various metrics interrelate.

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Sales Specialists And The Account Manager, Why Is There Conflict?

Partners in Excellence

Sales specialists or overlay reps are critical in complex B2B sales. The sales specialist is just what the name implies–a specialist in a certain area. Typically, sales specialists have very deep knowledge and experience in whatever they specialize in. Sales specialists are very important in sales organizations and critical to account and territory managers. Territorialism: Account/territory managers are, by definition, territorial.

CRM, Sales 2.0 And Compliance

Partners in Excellence

Hang around any conference about CRM or any of the Sales 2.0 Compliance is basically code for, “How do we get the sales people to use this stuff?” ” Virtually every CRM system has standard reports for managers to look at compliance. I think the issue is the value of these tools is obvious and critical to sales people. It’s a primary communication channel with customers, colleagues, and friends.

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9 Sales Dashboard Examples That'll Help You Set Up Your Own

Hubspot Sales

In fact, the 2018 Global Data Management Benchmark Report found that 52% of the organizations surveyed said data and analytics would be a key source of opportunity in the coming years. So, how can you visualize your sales data to make key decisions and analyze performance?

HR Saves Sales From the End of the World

Sales Benchmark Index

It’s especially for HR leaders to increase their Sales recruiting channels. This post will show how to use LinkedIn for some free sales recruiting sources. Since the world didn’t end, you still need to recruit Sales personnel. Sales leaders want replacement Reps FAST.

Sales Leadership: Gaining Insight & Accountability

Your Sales Management Guru

Sales Leadership: Gaining Insight and Accountability. Most sales leaders have a lot of confidence-which is good, but many have never experienced what many CEO’s have, that is an insights and help from other CEO’s. We like to recommend too many of our clients that creating a Client Advisory Board and a Sales Management Advisory Board will begin to improve the business operations and provide a source for insight and accountability. Sales Management Board of Advisors.

Smart Selling Visions: Up-Close with Top Revenue Leader Leslie Stretch of @CallidusCloud

Smart Selling Tools

Every two weeks, I interview an executive from a top sales and marketing solutions company. What problem/s are you solving for sales and/or marketing organizations? Leslie: CallidusCloud provides organizations with the leading sales and marketing effectiveness cloud software.

How to Scare Your Top Sales Reps

Sales Benchmark Index

Sales Reps hear through the grapevine about a sales or marketing improvement project. Then they ask their managers what’s going on. Strong communications are the key - e nlist the HR Business Partner early to manage the change. Our territories? It never fails.

How To 314

How to be Human in Sales. Bots haven’t taken over yet!

Igniting Sales Transformation

You say your sales manager makes you do it? Checking the box so you keep your manager happy isn’t how you own responsibility for your own career and selling success. YOU are responsible for your own sales success. SalesLoft , the leading sales engagement platform.

5 Creative Sales Motivation Tactics That Don't Cost a Dime

Hubspot Sales

Sales managers often motivate their reps with SPIFFs and sales contests that award cash prizes. This is a tried and true sales motivation strategy, and monetary rewards generally produce results. 5 Creative Sales Motivation Tactics. Sales Motivation

The Sales Stack, Another View

Partners in Excellence

My friend, Jim Keenan, wrote an interesting post on “The Sales Stack.” So let’s look at what an “OSI model of sales” might look like (at least my view). As we (our companies) develop our Go To Market Strategies and our Sales Stacks, we have to start with the customer. Too often, we don’t do a good job of this, wasting lots of time and resource by having sales people chase the wrong deals. Layer 3: First line sales management.

Elevating the customer experience

Sales and Marketing Management

A senior VP of sales and marketing at a half-billion-dollar firm told me that a great customer experience starts with reps’ proximity to clients. He required his sales reps to live or office within an hour of their customers. In cases where it’s not possible for geographic proximity, a tool like Slack ( www.slack.com ) can be set up with a unique channel for each B2B customer. Change territory assignments less often to give reps and customers time to build relationships.

What is wrong with the Hunter / Farmer Metaphor?

The Ultimate Sales Executive Resource

Putting the right person into the right sales role is one of the key responsibilities of a sales manager. If a Framer is primarily seen Harvester, then indeed it is probably not a good analogy for what an account manager does.

Sales Tips: How to Determine WHERE Your 2017 Revenue Will Come From

Customer Centric Selling

Sales Tips: How to Plan Your 2017 for Success. By Gary Walker, EVP of Channel Sales & Operations, CustomerCentric Selling® - The Sales Training Company. However, what I did have was basic management training, skills, and education.