Wed.Mar 13, 2019

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How to Diagnose Why Your Sales Forecast is Inaccurate

InsightSquared

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One Question Provides Salespeople with Instant Feedback on How Well They Differentiated

Understanding the Sales Force

Most salespeople do not know the difference between their prospects' decision-making process compared with their decision-making criteria. What's worse is that even more salespeople don't even bother asking about it. According to data from Objective Management Group (OMG) who has evaluated/assessed 1,841,209 salespeople, only 27% of all salespeople are strong qualifiers so it's likely that the majority are not asking.

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3 Voicemails That Will Ruin Your Deals.

MJ Hoffman

The hang-up artist, the rambler, the rapid-fire caller – chances are you know a salesperson using these voicemail techniques. Maybe you are one of these salespeople. I’m here today, on behalf of prospects everywhere, to ask you to stop. Voicemail is a crucial part of moving deals forward, but there are three deadly voicemail mistakes I see reps make repeatedly.

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Follow Up Tips

Selling Energy

We sow the seeds of our own destruction by not following up with customers. My philosophy is when you send a proposal, you've got to follow up from the beginning. I also recommend a multi-modal approach. If you send a proposal by email, you should also send a text or leave a voicemail, something like “I just want to let you know I sent this proposal so you don’t miss it.

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The New GTM Playbook: 18 Ways to Future-Proof Your Sales Team

Longer sales cycles. Increasingly discerning buyers. More meetings. Intensifying competition. Economic uncertainty. Go-to-market teams of every size, in every industry, are grappling with these challenges firsthand. Thankfully, there’s an answer. We’ve developed an entirely new way for GTM leaders to identify and execute proven, data-driven strategies that drive revenue.

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The 6 Proven Tricks to Get Your Prospect’s Attention in 30 Seconds or Less

Hubspot Sales

Today's buyers are busier than ever before. So for a sales rep to connect with a prospect, they must supersede all the other tasks, priorities, emails, meetings, and notifications the prospect has on their plate at that very minute. They have to convince the buyer to put everything else down and listen to them. Sounds like a Herculean task. And it is … if you take the same approach as every other rep.

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Show Me the Money

Anthony Cole Training

Without revenue, a sale cannot be made. However, making a sale is not all about the money, and it is a salesperson's duty to overcome their prospect's money problem and be prepared for what objections are thrown their way.

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How to Be a Memorable Salesperson Part 9: Follow Through

Connect2Sell

The opposite of memorable is forgettable. Unremarkable. Average. You are none of those things. So why act like it? Why act like every other seller out there, blending in to a sea of sameness? The work of selling is a lot more fun when you do the things that make you a standout. When you take risks, encourage your buyers, collaborate to co-create something unique, and personalize your approach.

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Misconceptions About Outsourcing In Emerging Markets

Sales and Marketing Management

Author: Rilind Elezaj There are people who have made it their business to use misconceptions and unfounded myths to scare businesses from outsourcing in emerging markets. They will tell you how unhealthy and unaffordable outsourcing is, but they will never tell you how outsourcing can help you to expand your startup in China , among other emerging markets.

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Is the bandwagon effect destroying your effectiveness?

Membrain

What do fashion trends, U.S. elections, and your sales team have in common? They’re all influenced, for better and worse, by the bandwagon effect.

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Supercharge Your Sales: 5 Steps to Effortless Selling

Sales teams often lose precious time hunting for updated sales materials, while marketing struggles to keep these assets accessible and current. It's not just about managing; it's about seamlessly finding, presenting, and sharing critical sales content. All of this takes place within an intuitive, unified platform. Dive into Showell's groundbreaking content management realm.

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6 Ways to Turn a List to Leads

Alice Heiman

I can never write enough about prospecting. It is essential to staying in business! Dips in sales are tough on cash flow and moral. In order for your company to have steady growth, you need a steady flow of leads. Many businesses lack a process for lead generation , if you don’t have one, you are not alone. It doesn’t have to be complicated, but you do have to have a process.

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Struggling with Sales Enablement in Your Organization? Here’s How You Can Course-Correct Today

Miller Heiman Group

While many organizations reported increased adoption of a sales enablement function in recent years, several still struggle to use it effectively to achieve their goals. According to CSO Insights’ 4th Annual Sales Enablement Study , 61 percent of organizations have a sales enablement function. Of those, only 34.4 percent of respondents indicated they were meeting the majority of their expectations.

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How Sales Teams Influence the Data-Driven Buyer

Nimble - Sales

The Modern Workplace 365 is a five-part series designed to help small business teams understand the impacts of the data-driven buyer’s journey, the unprecedented rate of technology innovation, and multi-generational work cultures on the Modern Workplace. In this post, we discuss shifts in customer expectations, changes to the sales mindset, and toolkits that enable sales […].

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Product Centric Selling, It Really Is About Us!

Partners in Excellence

I’ve been having an email conversation with a colleague about, “Why are sales people so product focused in their sales outreach?” We all know, at least I hope we do, that focusing on the customer, their issues/opportunities, and how we help them achieve their goals, is much more effective than pitching our products. Yet, why do so many organizations fail to do this?

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3 Sizzling Ways to Warm up Cold Calls

Even in today’s data-driven sales world, cold calling remains a fact of life for many go-to-market professionals. Fortunately, today’s sales leaders have a crucial advantage over their predecessors: market intelligence and outreach platforms that can warm up virtually any introduction.

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Can Posture Reduce Rejection?

Go for No!

When it comes to ‘Go for No’ we often talk about the ‘numbers game’ aspect. That is only one small piece of what a ‘Go for No!” mindset is all about. One powerful nuance has to do with your physical posture. Think about a person who is ‘yes’ focused. They lean forward – invade space – talk fast – trying to persuade or even subtly force.

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Stop Focusing On The Top Of The Pipeline!

Partners in Excellence

Virtually every sales person and organization have pipeline/funnel problems. Almost all the time, they are anemic. Virtually every pipeline has quality and integrity issues. Likewise, there are too many velocity issues. It seems the universal, go to, solution for bad pipelines is to find more qualified opportunities. That is, we need to focus at the top.

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Personal Branding in Sales: Your Social Media Presence

Janek Performance Group

Recently, we provided an introductory guide to personal branding in sales. Today, we’re continuing our series by looking at personal branding on social media. It’s one of those things that sounds simple in theory, but in practice can be more difficult to implement successfully than most people realize.

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Are Transactional AE's an Endangered Species?

The Center for Sales Strategy

As I look into my "crystal ball," I foresee a future where the transactional salesperson is an elusive and rare creature. Have they all been completely wiped out by Artificial Intelligent (AI) computer networks where all advertising buying and selling occurs? Probably not, but I do know they will be an endangered species. In the future, AI networks and computers will be placing a larger and larger percentage of ad schedules.

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Redefining the CDP: 8 Data-Driven Designs for Successful Customer Journeys

In this guide, discover 8 use cases for how a customer data platform can tackle common challenges faced by marketing, commerce, service, and sales teams. With helpful diagrams and simple explanations in each use case, see how Salesforce’s CDP, Data Cloud for Marketing, powers personalized, real-time experiences across marketing, with capabilities that include: Optimizing ad spend Powering dynamic website content Increasing upselling and cross-selling Resolving service cases with marketing data B

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Sales Metrics Smackdown: Are These 3 Inside Sales Metrics Overrated?

InsideSales.com

Are you sure you’re tracking the right sales metrics? In this post, we’ll talk about which metrics sales leaders can use to evaluate sales reps. RELATED: A Winning Sales Culture Starts With the Right Sales Metrics In this article: Do Sales Reps Care About Sales Performance Metrics? Inside Sales Metrics Sales Reps Consider the Least Useful […].

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How Context Impacts Selling

criteria for success

This article is influenced by articles written by Michael Jensen, Professor at Harvard Business School; Werner Erhard, founder of EST; Malcolm Gladwell, author of The Tipping Point; and my own experience in working with many salespeople and business executives. How Context Impacts Selling Context dictates our thoughts and actions. You've heard it all before.

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Business Development Hiring Resources: Job Description Template & Examples

Hubspot Sales

What is business development? It refers to the activities designed to expand your company's reach in a new market. The primary focus of this business function is to identify potential good-fit customers using prospecting techniques. And the people that carry out these activities are called business development representatives (BDRs). But, what do business development representatives do?

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4 Sales Compensation Challenges and Where to Focus for Real Sales Motivation

RAIN Group

Sales compensation is typically the first topic discussed when looking for ways to boost sales motivation. Want to increase motivation? Create a compensation plan focused on driving the actions that will create results. The thought process goes like this: incentivize the right areas, see motivation increase, get the best results. Sounds simple, right?

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Outrun Your Competition: Best Practices for Accelerating Sales Processes

Longer sales cycles. Larger buying committees. Slow-moving compliance reviews. Every go-to-market team knows the frustrations that come from a drawn-out sales process. How can you speed it up? By building a modern GTM motion that uses data, automation, and proven best practices to unlock insights, engage customers, and win faster.

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Weekly Roundup – Mar 13, 2019

CloserIQ

The CloserIQ Weekly Roundup features a list of the best content we’ve been reading recently. We’ve compiled some of our favorite reads to help you advance in your sales career and build top sales teams. Featured Article. How to Write an Account Executive Job Description. Other organizations in your geographical area are competing with you for top talent.

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Lemons (Literally) Into Lemonade

Anne Miller

What do you do when you sell a superior premium priced product that looks to a buyer like every other (cheaper) item in your category? That is the challenge Shirl Tessier constantly faces as a distributor for Shaklee food supplements. We’ve all heard the saying, “ When the world gives you lemons, make lemonade.” Shirl takes this saying to a whole new level to facilitate her sales. .

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A New Dawn for Sales Coaching

Bigtincan

Sales managers aren’t born coaches! At virtually every company I’ve ever worked for, people are promoted to become sales managers on the basis of their selling track record not their ability to manage and coach a team. Knowing how to sell a company’s products and services is obviously a prerequisite to being able to guide […].

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Lemons (Literally) Into Lemonade

Anne Miller

What do you do when you sell a superior premium priced product that looks to a buyer like every other (cheaper) item in your category? That is the challenge Shirl Tessier constantly faces as a distributor for Shaklee food supplements. We’ve all heard the saying, “ When the world gives you lemons, make lemonade.” Shirl takes this saying to a whole new level to facilitate her sales. .

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Salesforce’s 8th State of Marketing Report

Discover today’s biggest marketing trends in the 8th edition of Salesforce’s “State of Marketing” report. Salesforce surveyed 6,000 marketing leaders worldwide to discover how marketers are: Embracing AI to operate more efficiently Removing silos and leveraging AI to enhance the customer experience Innovating to meet evolving customer needs Preparing for the retirement of third-party cookies By submitting this form, you agree to have your contact information, including email, passed on to the sp

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How to Pick The Perfect Partner Bracket

Allbound

While everyone loves March Madness, the last thing anyone needs is for their search for partners to be actual madness. Just like winning the $1 Billion dollars that’s up for grabs, attaining a perfect partner bracket can seem impossible. However, picking your partner bracket doesn’t have to be a challenge when you have the right strategy and a hint of luck.

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Master of Negotiations

Pipeliner

Become an Expert of Negotiations. Negotiations don’t always come naturally to everyone, and some of us absolutely despise this part of doing business. Negotiating is a learned skill that you acquire by practicing. Herb Cohen, a corporate and government negotiator, strategy consultant, and author, discusses what makes someone a great negotiator and common mistakes people make when getting into these types of conversations.

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Increase Your ROI with a Less Complex Sales Compensation Plan

Xactly

Discover how less complex sales compensation plans can increase performance and ROI.