The Ultimate Guide to Sales Management

Hubspot Sales

Specifically, the managers who lead your sales teams — they oversee the reps who communicate directly with your prospects and customers daily. Although factors like your product line, buyer personas, and brand awareness are important, sales managers are also critical to the success of any business as they have the potential to unlock huge returns that impact the business's bottom line. Onboarding and training new hires is another sales management responsibilities.

How to become a sales manager: Making the jump from seller to leader

Nutshell

Do you dream of leaving your sales associate desk behind and stepping up to a sales management position? The arrangements may vary from company to company, but in general, most sales professionals would jump at the chance to assume a leadership role. In this article, we’ll explore the differences between sales associate and management positions, and what it takes to transition from one to the other. Are you Sure You Want to Become a Sales Manager?

15 Job Interview Questions to Ask a Sales Manager Candidate in 2018

Hubspot Sales

Questions for Interviewing a Sales Manager. Why do you want to be a sales manager? Pretend I'm a sales rep who has missed quota three months in a row. What made you successful as a sales rep? How will your processes inform how you manage your team?

Will Your Sales Team Embrace Change or Fight It Every Step of the Way?

SalesLatitude

If you are in sales management, sales enablement, sales consulting or sales training, you’ve likely asked your sales people to embrace change driven by new tools, processes and procedures. Sometimes, sales people gain the biggest benefit.

7 ways to create a successful sales team

Nutshell

As a sales manager , you’re ultimately responsible for hitting your company’s monthly or quarterly sales goals, but you can’t do it yourself. Before you can truly understand what kind of hire you need, you will need to take a look at your current sales environment.

How to Motivate your Reps (Tips from the State of Sales Performance Survey)

Sales Hacker

How do you ensure you’re maximizing your sales team’s potential? According to the first-ever State of Sales Performance Survey , in partnership with Sales Hacker, Ambition, Gong, AA-ISP, Vidyard, and Factor 8, the key is modern sales performance management.

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Message to Management: Are You Losing Your Top Talent?

No More Cold Calling

If your sales reps are overwhelmed, they might decide the job’s not worth the stress. The job of sales reps is to sell—to maintain strong sales pipelines and spend their time talking to clients. Sales leaders who fail to address this issue run the risk of losing top performers.

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The Scientific Approach To Setting Sales Goals For Your Sales Development Team

Sales Hacker

As a VP of Sales, you’re probably not too familiar with SaaS metrics or costs — that’s the CFO’s job, right? Well today, we’ll breakdown how to understand SaaS costs basics, and then explain how to accurately set sales goals and metrics that drive success.

Simply Speaking Bad Hires Cost Small Business Sales – Part 1

Increase Sales

Small business sales are continually pummeled because of bad hires. The small business owners or those in sales management more often than not do not have a formal hiring process. Replacement of an employee can range from two to seven times his or her salary.

Should I hire a virtual sales team?

Base CRM

A virtual sales team and an in-house sales team are both designed to manage your company’s sales operations. Virtual sales team: Works for an agency or works independently. Paid to run your sales department. In-house sales team: Built internally through a company hiring process. Paid a salary and typically a commission. Works only for your company to manage sales operations. This can help scale sales. The answer?

How to Set Sales Pay Levels in 5 Easy Steps

Xactly

This is a legitimate question for almost every company because everyone is seeking to recruit the best sales people as well as retain and engage the current sales force. It is also an important question because one of the highest costs a company incurs is its sales compensation expense.

Everything You Need to Know About Sales Commission in 2019 (For Reps & Leaders)

Hubspot Sales

Did you know 43% of workers would be willing to leave their companies for a 10% salary increase ? Compensation is an important factor in attracting and retaining employees, especially in sales. Sales Commission Structure. What is the base salary? Don't cap salaries.

The “Real Cost” Of A Salesperson

Partners in Excellence

What would you think of a front line manufacturing manager failing to address problems that consistently cost millions of dollars in scrap and rework (not to mention customer sat problems because of missed deliveries)? Or an engineering manager that missed product launches that caused millions in lost revenue? Most people would say these are real problems and if they happened repeatedly, these managers would be fired! In sales, the raw ingredients are people.

The Ins & Outs of Variable Pay Compensation Structure for Sales Teams

Sales Hacker

On top of that, why are sales people some of the few employees subject to variable compensation structures? Do other roles have employees that are all equally internally motivated while sales just attracts the classic “slimy” stereotype that everyone loves to hate?

Millennials in Sales

Pipeliner

How to Hire Thriving Millennials in Sales. As millennials enter the job force, many of them are going into sales. There are new schooling opportunities, like the DuPaul University Center for Sales Leadership, that make a sales career even more viable for this generation of individuals.

Commissions Drive Bad Sales Behaviors And Screw The Customer!!

Partners in Excellence

I’ve been at the periphery of a number of discussions about commissions and sales. Likewise there are those that say, you can’t drive sales results without commission. As a sales executive, I wanted to innovate and drive a new commission plan.

In-House vs. Outsourced Sales: A Case for NOT Hiring SDRs

Sales Hacker

My cost-conscious lens (plus our proven outbound sales program) has served my company, Leadium, well. I am passionate about helping small to medium-sized businesses (SMBs) accelerate their growth with outbound sales. The SMB Decision: In-House vs. Outsourced Sales Development.

What is Pay Mix in Sales Compensation?

Xactly

Pay mix is the ratio of base salary to target incentives that make up On-Target Earnings (OTE). For example, a 60/40 pay mix means that 60% of OTE is fixed base salary, and 40% of OTE is Target Incentive (TI), or variable pay. What Determines Sales Pay Mix? Sales Development Rep.

Transparency in Your Sales Process

Pipeliner

In the past, the sales process was covered by a thick veil of secrecy. This means transparency in your sales process. For example, Buffer has proven their commitment to boosting transparency by sharing a publicly available spreadsheet , showing salaries of every employee by name. Here is how to make your sales process more transparent to both your clients and your team. Implementing transparency into your business’ sales process is crucial.

Five Ways to Increase Sales During the Second Half of the Year

Xactly

For many companies, the halfway point of the sales year is an important time. Regardless of when the midpoint of your fiscal year falls, a mid-year review is an important annual milestone that sales organizations can’t afford to miss. Build up Your Sales Pipeline.

What is Inside Sales? The Definition of Modern-Day Selling

OutboundView

Sales organizations today are commonly organized in two groups, outside sales and inside sales. Inside salespeople reach out to possible prospects and find new sales opportunities. But what is inside sales, really? Let’s delve into the inside sales definition.

Pay For Performance

Partners in Excellence

As is usual this time of year, I’ve been involved in lots of discussions of incentive and commission plans–both last quarter as people plan for the new year, and now as these plans are being introduced at Sales Kick Off Meetings.

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.

3 Mistakes in Sales Improvement

Sales Benchmark Index

Sales or marketing challenges exist in every organization. Sales performance may be suffering. The acute issues of 5-10 years back (sales process, CRMs, dialing or direct mail leads, etc.) HR, Sale and Marketing leaders alike will want to read this.

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Will These 6 Tests Save 2013’s Sales Compensation Plan?

Sales Benchmark Index

This post will help you test a redesigned sales compensation plan to ensure cultural fit. Plus, you’ll find advice on compatibility with other sales effectiveness drivers. Let’s suppose HR is fully engaged for redesign of a 2013 Sales Compensation plan.

No Free Lunch, Investing In Sales And Marketing

Partners in Excellence

My friend, Anthony Iannarino wrote an interesting post, A Cheap Sales Force Is An Expensive Problem. Too many entrepreneurs and small business owners don’t have an appreciation for the value of sales and marketing, probably because they don’t understand the functions.

10 Conversations to Retain Millennial Sales Talent

Sales Benchmark Index

Entering 2014, Sales and HR leaders face new trends causing turnover with top talent. This post offers solutions to Sales and HR leaders who ask this question: “How do we respond to demographic trends and retain top sales talent?” The challenge for sales is unique.

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.

The Agile Marketing Leader’s Short-cut to Team Transformation

Sales Benchmark Index

CMO’s can borrow brilliance from top sales best practices. The crown jewel of sales excellence is the Field Ride-along. World Class sales organizations emphasize manager & rep ride-alongs. Top sales leaders hold their managers accountable to performing field rides.

Which Type of Sales Job Is Right for You?

Hubspot Sales

Just like Girl Scout cookies come in many different flavors, sales jobs are incredibly varied. Rather than learning from direct experience which type of sales job you love -- and which ones you’re ill-suited for -- use this comprehensive guide. What to Look for in a Sales Job.

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When the Training Wheels Come Off

Sales Benchmark Index

I was lucky enough to be introduced to a sales team’s top performer for 2013. Julie’s Sales Operations leader thought I could learn a lot from her. The Dasboard will allow you to: Improve your sales team''s talent level. Your CRM supports the sales process.

10 sales productivity tactics to close more deals

Close.io

Sales productivity can be a pretty nebulous term. It’s an expression that’s taken on various different roles, definitions and interpretations over the years as new tools, methodologies, and techniques come to redefine modern selling with increasing regularity. Enter: Sales mentorship.

5 Myths About Working with Millennials in Sales (Debunked!)

Sales Hacker

The sales world is no different, but many of those stereotypes miss what makes Millennials shine when it comes to forging connections and closing deals. For years, the sales world has heard endless stories about Millennials and what makes them tick. appeared first on Sales Hacker.

The only kick-ass guide to sales operations you'll ever need

Close.io

Your sales team isn't meeting its potential. A sales operations team can change that. If you want to make sure your sales team is firing on all cylinders and making as much money for your company as possible, you need sales ops. 7 KPIs & metrics to track for sales ops.

3 Mistakes in Sales Improvement

Sales Benchmark Index

Sales or marketing challenges exist in every organization. Sales performance may be suffering. The acute issues of 5-10 years back (sales process, CRMs, dialing or direct mail leads, etc.) HR, Sale and Marketing leaders alike will want to read this.

Salary 156

Before Sales Outsourcing, Stop and Think About These 4 Things

LeadFuze

What exactly is sales outsourcing? Sales outsourcing is when you purchase sales functions (lead generation, cold calling , etc.) outside of your own in-house sales department to help promote your company’s products or services. Sales outsourcing has been at the center of sales management debates for over a decade now. Sales outsourcing may or may not be a good thing for small businesses. Use those tools to automate your outreach!

18 essential sales KPIs: What to measure and how to track everything

Close.io

If you want to scale your sales team, grow your revenue, and beat out the competition, there’s no question you need to understand data. All the best sales teams in the world run on data. Unlike revenue, more isn’t always better when it comes to sales data. Monthly sales growth.

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How to Create a Sales Plan: The Ultimate Guide

Hubspot Sales

What’s a sales plan? A sales plan lays out your objectives, high-level tactics, target audience, and potential obstacles. It’s like a traditional business plan but focuses specifically on your sales strategy. Who writes sales plans? What is a sales plan template?

Could AI and Automation lead to a 4 day working week?

Artesian Solutions

Sellers may or may not get the dream of a four day working week within the next century, but AI can certainly help make their life easier today: 5 reasons why sellers must embrace advances in sales technology. 80% of results typically come from 20% of the people within of any sales team.

Should Your SDR Team Be Outsourced?

Sales Hacker

As leads pour in, it becomes challenging for your current sales reps to manage their book of business and properly prospect. As a sales manager, you have to ask yourself “Do I simply hire more salespeople, or is it time to implement an SDR program?”. Growth is good.