Learning from Past Recessions – Smart Companies Continue Growth Path

Lead411

It is no surprise that sales and marketing departments are seeing more and more budgetary restraints from companies this year. Too many unknowns in the business world cause companies to pull back, run lean and ride out the storm.

Interviewing Techniques and Trends for 2020

The Center for Sales Strategy

In part, because smart companies are examining their talent and prioritizing their top performers. And beyond that, how can you change your traditional interviewing process to show top talent you have an adaptable, strong company culture? company culture recruitment sales talen

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Having Too Many Choices Can Cost You Plenty

Engage Selling

Smart companies today measure their lead acquisition cost, their marketing costs and their sales cost. But what about the overall cost to serve your customer? That often gets overlooked.

The Hidden Talent in Your Ranks

Sales and Marketing Management

As such, many companies today are beginning to look with renewed interest at their most readily accessible talent pool when filling open roles: their own employees. Rather than battling for new hires in an uber-competitive job market, smart companies are moving to train and promote from within. Tight Times Yield Smart Strategies. It’s time for companies to get serious about their internal development and upskilling programs.

Inside Sales Growing by Leaps and Bounds

Score More Sales

Smart companies in nearly every industry are building out strong inside sales teams now. Sean is Chief Revenue Officer at KiteDesk – the company that just recently commissioned their Top 100 Social Selling Influencers research. I’m hoping Sean will do a webinar with me to discuss more about this, as well as the top things that companies should be thinking about to become more social. [if

From the Switchboard to Social Media: A Brief History of Customer Service

Sales and Marketing Management

Sometime in the 1960s, large companies realized that they needed a dedicated department to handle customers’ orders, concerns, queries — and complaints. Getting in touch with a company became even easier toward the end of the decade, when toll-free, 1-800 numbers were invented in 1967. Call centers and their use of IVR continued to expand, but despite technological advancements, many companies found these departments expensive to build, staff, and run.

RIP: Sales Training

Sales Benchmark Index

Smart companies use delivery tools like: Pod casts. Modify it for your training content, company and sales force. You just hung up from your weekly forecast call. Numbers don’t look good. Your team is going to be short again this quarter. You call a sales manager strategy meeting. “We We need to figure out what we can do now to make the number.” Pipeline reviews, strategy sessions, forecasting analysis and sales training are all mentioned. Some of these work.

Beyond the Curve: 5 Ways to Reorient Your Sales Team During COVID-19

Pipeliner

Giving them something positive that they can say about your company, offers a tremendous opportunity to ‘tout your horn’ as well as it serves to get the conversation back on a positive note. By telling your team they can share that your company has done something to be proud of, you can spread a positive image and that also offers the easiest segue into other things about your company, like how they can solve a current need.

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Get It Together! Marketing and Sales Collaboration That WORKS

The Pipeline

All this bickering is stealing from your company’s bottom line. Instead of finding a positive solution to honor the common goal of growing the company, the two teams debate who is right. Smart companies today realize the problems of communication breakdown between sales and marketing teams. If your company is tired of hearing the two teams whine about the other’s performance, it’s time to bring these groups together. The Pipeline Guest Post – Megan Totka.

Fixing What People Buy because Clients are not Sold What They Need?

One Millimeter Mindset

What happens when your company deconstructs what separates people functionally? Alternatively, what happens when your company reconstructs people integrally and cross-functionally? Not necessarily because of your company’s lack of integrity or acumen. Smart companies like yours focus on getting it right, the first time. Today, let’s ideate together. Take a deep breath. Relax. Let’s innovate.

Top 5 Hiring Trends for 2020!

Pipeliner

From new employee management strategies to cutting-edge innovations in marketing, the year ahead is headed towards booming success for companies that align their strategies accordingly. In the past 20 years, 60% of successful companies have reported consistently utilizing executive recruiters to identify top talent for their critical hiring needs. Recent studies show a whopping 84% of companies that have current hiring needs anticipate using executive recruiters to fill those roles.

Drowning In Information, But Where’s The Knowledge Or Insight

Partners in Excellence

Daily, I get feeds from all sorts of services, several provide me information and news on people and companies I’m following. This morning, it was helpful as I spoke to a client/friend, I knew his company had just closed on an acquisition–something he’d been deeply involved in. I just got my first “SMART Company Brief” from DecisionLink. Those of you who know or follow me know I’m an information junkie.

You Are the Ultimate in Added Value

Women Sales Pros

How can you (not your company, not your product, but YOU) add value to your customers? Knowing that you are there and able to troubleshoot and follow through on the order gives your customer peace of mind Sellers and their companies don’t always take these steps, mainly because they feel that this is an inefficient way of doing business. For companies with sellers who add value, there is strong competitive differentiation and marked customer loyalty.

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5 BIG Risks when Pitching a Low-Ball Offer

Pipeliner

The notion that you’re saving thousands of dollars by having low-ball offers accepted ignores a number of factors that prove disastrous for a company in the long run. There has never been a less forgiving time to have a company have a policy of trying to get a bargain in terms of employee compensation. This inability to be competitive in hiring talent and maintaining headcount puts companies at a distinct disadvantage. . Poor Company Culture.

Forget B2B vs. B2C – Long Live B2P Sales & Marketing

Zoominfo

These classifications provide the building blocks at a company’s inception, as they broadly define a brand’s audience and target market. Why should B2B companies embrace a B2P approach? B2B companies tend to embrace a style of communication that is more risk-averse. In recent years, we’ve seen B2C companies embrace more grassroots-style branding through personalized messaging that zeroes in on the qualities of individual consumers.

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3 Facts About B2B Buyer Experience You’re Probably Ignoring

Sales Hacker

For this specific survey we spoke to more than 300 B2B buyers, representing a cross-section of goods and services, company sizes and vertical markets. B2B buyers reported a significant need for improved engagement with seller companies. How much are companies leaving on the table when these pre-sale questions go unanswered? Clearly, companies should work to close this costly gap with professional buyers.

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The Perils of Piecemeal

Cincom Smart Selling

Smart companies don’t have software initiatives; they have business initiatives that drive software purchases. Customers today are looking for large companies to deliver solutions instead of products. For example, I know a manufacturing company where one of its divisions sold products that overlapped with those of another division. Make sure that all of your company’s products integrate. Smart companies consider their front-office processes strategically.

4 Trends Shaping B2B Marketing in 2011

Pointclear

A mere 12% of business executives say their companies are using social media effectively, according to a recent study by Harvard Business Review Analytic Services. B2B companies have to produce the right kind of content: Web content should be honestly empathetic and seeded with utility for your customers; it should be inspired by your unique perspective and reflect your business's core values and authentic “voice.”

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Smart Selling Visions: Up-Close with Top Revenue Leader Brian Leach, CEO of @unboxedtech

Smart Selling Tools

This post is part of a series of Executive Interviews of top sales and marketing solutions company executives. First, companies spend millions of dollars mobilizing sales teams and equipping them with some kind of tool or app to sell their products, but they don’t always invest enough in their sales process and customer engagement. Brian: Smart companies invest a lot of money in their CRM systems, which are great for storing data.

Selling value – an innovative framing

Sales Training Connection

Schrage was exploring how smart companies increasingly recognize that their own futures depend on how ingeniously they invest in the future capabilities of their customers. Selling value. Every once and while, we stumble across someone who takes a fresh look at something and adds a particularly interesting twist. We found one around selling value.

Sales is Storytelling. Marketing is Storytelling. Business is Storytelling.

Sales and Marketing Management

Richards was inspired by Pixar’s teaming with online education provider Khan Academy to offer “Pixar In a Box,” a free series (now with three complete seasons) that provides a behind-the-scenes look at the animation company’s secrets of great storytelling. As Richards explains, if a company grants you attention, either through a meeting, a read email or a viewed video message, you owe it to that prospect to make it worth their time.

21 Salespeople Reveal the Worst Sales Advice They Ever Got

Hubspot Sales

Not only did this hurt my credibility as a salesperson and my company's credibility as a business, but it ingrained prospecting habits that are ultimately unsuccessful in the long term as buyers get smarter about what solutions exist. If you're in a company where they won't promote you, it is probably because of you -- you are not doing something required of you that will result in a promotion. Smart companies always want to keep good people.

How Google, Zoom, and Quarantinis Prove the Value of Online Training Software for Frontline Teams

Lessonly

To do so, companies are looking into online training platforms and other forms of interactive training software , which leads to an important question: Is online training effective? How’s everyone’s 2020 going? Been a bit of a wild one, hasn’t it? .

The Different Inside Sales Roles Explained

Factor 8

But asking a company to clarify the difference between BDR, SDR or any other of the titles is never a stupid question. You may see them termed as “Renewal Reps” but with the sky-rocket maturation of the SaaS industry, smart companies have their eye on more than just renewals. Account Managers are a smart role if you have a complex product offering, a deep customer base, or large complex clients. Fifteen years ago we had two kinds of reps: inside and outside.

The Future of AI for Sales (And How to Prepare for It)

Sales Hacker

Companies that prepare for and embrace the changes AI brings will thrive. Salespeople, especially on the enterprise level, need to understand their company, their product, their market, and their buyer exceptionally well. Plenty of smart salespeople (and managers) operate under the belief that they should keep repeating their most successful sales efforts — with the same types of customers — until they no longer get hits. Smart companies will start embracing AI today.

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Closing the Knowing-Doing Gap to Become a Better Leader

The Brooks Group

Jeffrey Pfeffer and Robert Sutton, professors of organizational behavior at Stanford, explore this performance paradox in The Knowing-Doing Gap: How Smart Companies Turn Knowledge into Action. An average strategy well executed will always outperform a superior business strategy which is poorly executed. . As sales leaders, we are inspired by leadership books, seminars, and articles, but when it comes to translating that inspiration into new behaviors, we often hit a roadblock. .

Build Predictable Revenue

Your Sales Management Guru

Smart companies are scrutinizing their strategic sales management plans, taking a closer look at everything from their pipelines to their forecasts. We believe most organizations can improve their profitability by increasing the Discipline, Accountability and Control within their companies. Many times we hear that “our company is too small to do these management systems that you show us, Ken”. Build Predictable Revenue In Your Organization.

PODCAST 114: Human Cognitive Bias and Why You Can’t Trust Your Impulses with Dr. Gleb Tsipursky

Sales Hacker

His cutting edge thought leadership has been featured in over 550 articles and 450 interviews in the likes of Fast Company, CBS News, and Time. His cutting-edge thought leadership has been featured in over 550 articles, and 450 interviews in the likes of Fast Company, CBS News, Time and many others. Sam Jacobs : Give us a little bit of context, tell us the company or the practice that you’re working on right now, and then of course we want to hear about the book.

B2B is Dead – Long Live B2P

DiscoverOrg Sales

Each acronym provides the building block at a company’s inception to describe their mission statement, target market, and product. Sales and marketing departments live and die by their ability to grasp these concepts, and a company’s success hinges an identifying the target market within each audience. B2B companies with brands that are perceived as strong generate a higher EBIT margin than others. Muting a unique company voice. B2B vs B2C vs B2P.

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How to Handle RFPs and RFIs

The Brooks Group

Q: While your process [for submitting proposals] makes sense in theory many RFP's state you can't speak to anyone at the company that sends the RFP [because] they won't allow that to give an unfair advantage to any potential supplier? Q: Also, how do you ensure a RFP isnt just a RFI in disguise and that the company doesn't steal your ideas and simply develop it themselves? Yesterday, we conducted a webinar about best practices for submitting B2B Proposals.

Customers From Hell – Top 4 Tips for Handling

Klozers

The recent increase in the number of Online Reputation Management companies validates this, however smart companies have learned some simple strategies and techniques on how to deal with the Customers From Hell, and try to catch them before the problem escalates, let alone they post anything negative online. Customers From Hell can cost your business dearly if they choose to use the internet and Social Media to promote their stories of discontent.

The 8 Components Of A Best-In-Class Sales Management Process

The Brooks Group

Smart companies are looking for great salespeople even when they feel they don’t need more salespeople. New salespeople need to understand the culture as it is defined by the norms, values and expectations of your company. To build a great sales team, a meaningful and consistent sales management process must be in place organization wide. It must be systematic and be implemented by systematic people. The process needs to be ongoing and able to be monitored for effectiveness.

Four Manufacturing Trends Driving Sales

SugarCRM

Companies where there’s an established culture of innovation or newcomers with a more modern mindset are going to find it easier to adopt new ways of working than established businesses with a longstanding legacy to navigate. When most people think of the Internet of Things, it’s typically consumer goods and devices like smart fridges and smartphones that spring to mind. The global manufacturing industry is changing rapidly.

To Build a Sales Culture

The Brooks Group

Smart companies know that salespeople offer a valuable voice to questions like how to improve tactical marketing, ways to enhance customer service, and even what new products to develop. Everyone in the sales department must be committed to working hard and smart. Part of our mission statement at The Brooks Group is to help our clients build Sales Cultures. And, often, when we’re sharing that goal, we get asked….” What’s a sales culture.” Here’s my take.

PODCAST 115: Improving Customer Experience: Your Magic Key to Success with Leah Chaney

Sales Hacker

So, it’s a really important conversation, particularly now, as so many companies are focused on how to keep your customers, how do you engage your customers in the right way. Your title is Chief Experience Officer; the company is called BetterGrowth. Leah Chaney: Yeah, so, to start with that, BetterGrowth is my company, so I got to give myself that title, which was a pretty cool thing. What if I just helped companies start, fix, or grow customer success teams?”

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Overloaded And Overwhelmed

Partners in Excellence

In some cases, smart companies re-engineered a lot of what they did, slimming things down and doing what they could to eliminate unnecessary workloads. The rate of change, the rate of new information associated with that change, the complexity of the issues we, our customers, our companies, have to deal with is skyrocketing. Reference “Overloaded Circuits, Why Smart People Underperform,” HBR, January 2005.

Need to Fill Your Pipeline? It’s Time to Reconsider Your Partner Ecosystem

Sales Hacker

Smart companies, and sales professionals, are leveraging their integration ecosystems to create more sales deals and attract higher valuations. By understanding this macro trend you can set yourself, and your company, up for amazing long-term outcomes. Notice this part of the Axios article: “The two companies first began talking prior to the pandemic, although that was more about a partnership than an acquisition.”.