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Information
Salespeople: Are You Playing Moneyball By Measuring What Really Counts?
“Moneyball" is a book that came out recently about Billy Beane, General Manager of the Oakland A’s.It takes a close look at Beane’s successful stewardship of the team, noting that the A’s have had one of the lowest payrolls in baseball, yet they’ve racked up an astonishing number of victories, putting them in the playoffs several times.Beane and his staff are basically, numbers crunchers, quant nerds, if you will.Read more…5 Tips for Finding Your Core Competencies
1) Is it an essential component to your sales mission or just an ingredient in the recipe?List 10 actions, routines or tasks that are part of your sales day and considered essential components of your sales process.Now, ask yourself.Read more…Tracking For Profits
If you can't track it, don't do it.Every high-performance venture needs a tracking system. A tracking system with well-designed metrics lets everyone know how well they are doing relative to their commitments.Read more…Fishy Salespeople? How to Finally Stop Handing Out FREE Fish to Your Sales People
Do you remember the good ole days when sales managers used to just sit back and wait for their salespeople to come into their offices and ask for help?Maybe they needed the old veteran to come in and nail down the close. Well, we all know you just can't do that any more.Read more…What a Nice Thing to Say; How to Give Daily Feedback for Sales Performance Improvement
Remember the first time you walked into your sales office? How did it FEEL to you? Was it buzzing, energetic and upbeat?Read more…What's Your Magic Number?
The most successful businesses — and certainly, sales departments — have identified their Key Performance Indicators (KPI); individual gateways that directly effect the outcome of a particular process. Then they measure the competency ratios in line with them.Have you identified the KPIs in your sales process?Read more…Characteristics of a True Sales Leader
In the average sales organization, successful sales reps get promoted to managers. These "new" sales managers are suddenly tasked with leadership and training. In these situations, there is one common liability.Read more…Stop Pointing at Me! Which Way Do You Point Your Accountability Finger?
There are two kinds of people when it comes to accountability.•Those who point their index fingers outward •Those who point their index fingers inwardWe all know too well that most people are quick to blame others and slow to take responsibility. They make excuses or tell a long-winded story about what went wrong and why.Read more…What to Do When You Hit the Invisible Sales Revenue Ceiling
Have you ever hit a level of revenue that you just couldn't seem to break through?If you have, then you know how frustrating it can feelYou may even spike above this ceiling periodically. But, like water seeking its own level, your revenue results seek a sub-par level.Read more…Powerful Routines; Identifying Sales Scenarios and Developing Best Practices for Improvement
Your sales day, week and month are full of scenarios.Each one is unique as to how, when and why they occur. But what's not unique is how often they occur in similar situations, similar prospect titles of contact and similar companies by industry.Read more…5 Keys to Building a Dynamic Self-Management Sales System
1) Identify Your Essential Competencies and Performance MetricsIf I asked you to list all the essential competencies that YOU are in control of - the ones that are absolutely critical for you to be successful in your sales position…could you do it?For example…Essential Competency or not?" Converting conversations to appointments?Read more…The 10 Most Important "To-Do's" of Any Successful Salesperson
1) Define your Target Market3 questions that set you up for success (or failure)1) Who do I call on? 2) What do I call on? 3) Why should I call them?Read more…6 Danger Signs You May Be Headed to Micro-Management
1) Do you monitor and manage tasks or do you identify and train to essential competencies?Do you want to know the big difference between due diligence and a core competency?Here's a classic example:Collecting 50 business cards per day is an act of data procurement, while training to a 60% conversation to appointment ratio is focusing on an essential component to ensure your sales team's success.Read more…Consulting Contracts with National Service Organizations - Good Idea?
Don't do it. Why not? You'll spend a lot of money and a lot of time getting certified and learning all the latest platforms and technologies.Read more…5 Bad and Lousy Words You Should Never Say In Your Sales Letter
Do you know exactly why people don’t seem excited to buy your product? Have you ever wonder why your competitors make more sales even though they have a terrible product to offer? Even worse, why people could not even be bothered to live their email address in your opt-in form and subscribe to your free newsletter?Read more…Salespeople Enjoy the Price They Pay for Success
I received a call this week from a Texas client. In the course of our conversation, he told me that he had no choice but to terminate one of his salespeople because he was consistently failing to earn his draw.“We’ve known for a long time that we needed to terminate this man, and today we finally got up the courage to pull the trigger,” he manager told me.Read more…Additional Sales for No Extra Cost
Did you know that it costs about 5 times more to acquire a new customer than it does to sell to an existing one? Why then is customer service generally so bad?I’m constantly interacting with organisations as a customer, either shopping or in my business life where I’m left thinking “if only they’d done….Read more…Motivate Your Sales and Marketing Team using this New NLP Game
When we talk about marketing most us assume it is to sell a product or service to others in order to make a profit for ourselves. In this article we are going to look at what can profit you BEFORE you attempt at gaining the same from others.These are known as MACRO-OBSERVATIONS; they happen so fast and for the most part go unnoticed.Read more…It's the Process that Sells - Not the Salesperson
When sales people lose sales, does this mean they were lost? The words “lost” makes one think that they lost their way along a path and something happened. In reality someone else may have stolen the order from them.Read more…A Sales Process Must be Certified to be Successful
If you were required to certify your sales process to be listed as a sales manager, could you? If you are like me, you have followed or taught so called “proven” sales processes. Each of them can be proven to work or proven to fail.Read more…
Most Recent Articles in Sales Management category
- Conversion Assessment - helps companies improve conversion rates - By: Naman Jain
Every online company spends money advertising their products and services. To have better return on investment (ROI), it is essential that their conversion rates increase. Conversion assessment services providers can help them effect more sales. - Why are you choosing an Appointment Setting Telemarketing Company? - By: David Regler
Are you looking for a steady flow of appointments with prospects? For many companies, whether they telemarketing, appointment setting is the main goal. I count of the number of times I have spoken with a client and they tell me, "I just need to make before them..." - Moving Average Convergence Divergence (MACD) Momentum Indicator - By: Karen Stephens
If you're serious about developing your daytrading online career, you'll want to learn about the various tools and indicators you have available to you, such as the Moving Average Convergence Divergence (MACD). The MACD is a momentum indicator that is based on moving averages. It helps us determine potential buy and sell points in the trade. Developed by Gerald Appel in the late 1960s, this indicator is widely used as a part of many people's daytrading systems. - MORAL ARMOR'S Economic Warning for Americans - By: Dolly Kapil
MORAL ARMOR'S Economic Warning for Americans For years we've suffered under recession, prompting us to ask, When will it end? My answer is, "It's only the beginning." Historically, recessions are the result of high interest rates, pushed up as the result of loose money policies. Recovery comes when citizens begin to spend more wisely, save money and pay off their debts, but not this time - Know Your Marketing Territory - By: Janice Jenkins
defining your marketing territory or your target market will help your business develop - Shut Up and Sell! - By: Manbeer Singh
Predatory salespeople are everywhere -from the department stores to car sales. Time and time again we've seen these salespeople hunt like hounds trying to get their next sale, the next big commission. "Sell at all costs!" "Don't let them say no!" - Higher Prices Lead To Higher Profits - Part 1 - By: Geet Singh
I know at first glance this sounds obvious, but it may be worth it for you to think about your prices. At least just for a moment. - Developing a Business Plan = Developing a Successful Business. - By: Jagdeep Singh
A detailed business plan could mean your success in business. Consider this. How can you take your company in the right direction, developing the methods you need to succeed if you do not know what you are trying to accomplish? It would be like building a house with no plans and trying to put the roof on first. Yes, you may be successful in building the roof but your house will be missing some essential pieces. You may not miss these pieces at first, but down the line (especially when the winter comes) you are going to be wishing you built those walls too! - How an outsourced sales company can help your small businesses grow - By: David Regler
Hiring an outsourced sales company can be an ideal strategy for small businesses seeking to grow. Many companies today are growing as "virtual corporations", choosing to outsource many functions within their business including choosing to outsource sales. - What are the options for outsourcing your sales force? - By: David Regler
Outsourcing part of all of the sales process is nothing new. Resellers, sales agents and distributors are established methods of sales force outsourcing. However, with the rise of Business Process Outsourcing (BPO), a number of dedicated "Sales Force Outsourcing" vendors have become a strategic alternative to sales agents and indirect channels.
