Sales 2.0

OCTOBER 25, 2021

If you know someone that runs a business with a sales team, or they lead the charge themselves, have them take a look at the areas below for ways they can increase their sales. Improving even one of these areas could take their sales to the next level. Sales process efficiency. Sales time sucks. Sales management.

Territories 396

Territories Compensation Scale Decision Maker 396

Sales and Marketing Management

OCTOBER 22, 2018

From sales force training and compensation to investments in sales processes and technology, organizations relentlessly seek to pull the right levers that will drive revenue growth and improve sales effectiveness. These results were due entirely to sales manager skills, independent of the skills of their salespeople.

Sales Management 218

Sales Management Hiring Compensation Scale 218

Understanding the Sales Force

OCTOBER 9, 2024

Most sales teams win fewer than half their “games,” and while defense can’t be blamed, pitching can! Unlike the Red Sox, most sales teams have too much pitching (demos and presentations)! As of this writing, they have assessed 106 sales and sales management candidates.

Hiring 358

Hiring Lead Rank Lead Scoring Compensation 358

SBI Growth

FEBRUARY 25, 2013

The loss of a talented sales manager is troubling. We’ve also written on Sales Rep Exit Interviews. So far we’ve covered: Signs your Sales Team Isn’t Happy. Why Your Best Sales Reps Leave. How HR Stops the Exit of Top Sales Talent. Manager Exit Interviews: The Wrong Way. Compensation.

Sales Management 267

Sales Management Construction Guarantee Travel 267

SBI Growth

MARCH 1, 2014

Q1 is almost over and your reps still do not have their compensation plans. As a sales manager, you face a serious challenge. Talent Management Sales Leader Sales Management Sales Manager Sales Manager Resources' Every year the same story yet it does not get any easier.

Motivation 315

Motivation Face-to-face Compensation How To 315

Sales and Marketing Management

JANUARY 27, 2019

Author: Brad Wilsted Note: This is part 3 in a 3-part series on the powerful role sales management plays in driving sustained revenue growth – and how companies can better leverage this critical position for improved top-line performance. Hire the right sales managers. This doesn’t happen by accident.

Sales Management 166

Sales Management Hiring Compensation Incentives 166

Anthony Cole Training

OCTOBER 13, 2014

I was first introduced to goal setting in sales when I was an insurance agent with National Life of Vermont. The General Agent was Dave and his manager was Bob. I never did write 100 lives but, based on the sales activity reporting I did every week, I should have. Tom introduced me to an idea of a sales cookbook.

Sales Management 203

Sales Management SME Incentives Incentive 203

SBI Growth

SEPTEMBER 23, 2013

Your Sales Strategy. It is one thing to have a sales strategy. VPs of Sales are asking the question “What have I done before?”. VPs of Sales are asking questions like: Is our Sales Process good enough? Are my Sales Managers good enough? Do This— Start with a Sales Strategy Blueprint.

Compensation 325

Compensation Social Media Incentives Incentive 325

Sales and Marketing Management

OCTOBER 29, 2018

From sales force training and compensation to investments in sales processes and technology, organizations relentlessly seek to pull the right levers that will drive revenue growth and improve sales effectiveness. Frontline sales managers coach, influence and guide sales reps on a daily basis.

Sales Management 168

Sales Management Scale Compensation Study 168

SBI Growth

DECEMBER 4, 2012

A post for Sales and HR leaders to ensure success of 2013’s Sales compensation plan. A Chief Sales Officer is meeting with Sales VPs and the VP of Sales Operations. They are trying to decide between keeping and scrapping the recently-implemented Sales Comp Plans. Sales roles that are new.

Compensation 292

Compensation Channels Fashion Construction 292

SBI Growth

SEPTEMBER 14, 2012

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. First-rate compensation. Hot product.

Sales Talent 312

Sales Talent Territories Compensation Quota 312

SBI Growth

DECEMBER 19, 2012

My VP of Sales wants me to research trends in inside sales and conduct account segmentation. The sales managers are yelling for updated dashboards and territories. HR is on my back about finalizing the updated compensation plan. Oh, and Marketing wants to discuss sales enablement improvements. I am spent!”.

Sales Operations 303

Sales Operations Compensation Territories Segment 303

SBI Growth

MARCH 18, 2013

An event occurs: the top sales rep resigned. This is a common problem in sales teams today. Too often Sales VPs don’t change anything when the top rep leaves. Don’t think the top sales rep leaves because someone offered a better opportunity. The sales culture does. Download your Sales Force Culture Assessment.

Compensation 323

Compensation Quota Commission Territories 323

SBI Growth

JANUARY 27, 2013

She is the new HR Business Partner to the Sales Organization. This advantage will give her a long tenure serving sales. HR and Sales leaders who need better collaboration must read this post. It includes a tool: a profile of the Sales leader (Hanna’s advantage!) Hanna first tried to understand what Sales thinks about HR.

Hiring 308

Hiring Compensation Commence Sales Talent 308

SBI Growth

AUGUST 7, 2013

Not all “A” Player sales reps were meant to be managers. If you’ve been in sales long enough, you’ve seen this mistake unfold. The newly promoted manager repeats behavior that made him successful as a rep. He neglects his skill development and sales initiatives. An ill-prepared sales manager damages his region.

Construction 334

Construction Ideal Customer Profile Territories Compensation 334

SBI Growth

MARCH 12, 2014

It’s every Sales Manager’s worst nightmare. The impact reverberates across the sales team. Your boss questions your ability to manage. Their Compensation – No one likes uncertainty around their comp plan. The exit of an A-player is painful. Your team questions your ability to lead.

Territories 306

Territories How To Compensation Lead Rank 306

SBI Growth

SEPTEMBER 19, 2013

Perhaps you: Rolled out a new sales process. Changed your sales compensation plan. This article will give you the best practices to implement impactful sales initiatives. To assist you further, sign-up for SBI’s Sales & Marketing Research Review here. Included in this is the Sales Gamification Overview.

Lead Rank 321

Lead Rank Lead Scoring Hiring Airlines 321

Openview

MAY 30, 2018

We’ve all heard Tom Cruise’s famous line from Jerry Maguire, but showing your sales team members the money is often a complicated equation. In this guide, you’ll find tips for designing sales compensation packages that yield results and actually scale. Salary or Bonus-Heavy Compensation: Which Model is Best?

Compensation 147

Compensation Top of Funnel Commission Lead Rank 147

SBI Growth

DECEMBER 25, 2012

This post is written for the head of sales. We will discuss 3 leading indicators to spot looming sales turnover. Your front-line Sales Managers don’t add sufficient value. They should be performed for all sales people that leave the organization. GET THE SALES EXIT INTERVIEW GUIDE HERE.

Hiring 324

Hiring Trends Compensation Lead Rank 324

Janek Performance Group

JANUARY 16, 2024

With any job, a primary consideration is compensation. One common perk of a career in sales is the ability to earn more based on your own hard work and selling success. However, the types of sales compensation plans can be more complex than for other professions. We all want to be paid fairly.

Compensation 118

Compensation Salary Commission Margin 118

SBI Growth

FEBRUARY 1, 2013

You have 15-25 years of experience starting as a sales rep. You became a Sales Manager, followed by a Sales Director. As part of the yearly planning process, your boss tells HR to research compensation in the market. HR doesn't have time to do a compensation benchmark properly. Sales Leader’s Value Levers.

Hiring 293

Hiring Compensation Promotion Territories 293

Understanding the Sales Force

APRIL 22, 2024

Over the past thirty-nine years, I have seen this at so many companies and with executives who believed they could apply DIY to any or all of the following ten functions: Evaluating their sales team – it is usually biased and limited to what they recognize as good.

Comparison 218

Comparison Construction Compensation Sales Leadership 218

Hubspot Sales

JULY 9, 2019

Specifically, the managers who lead your sales teams — they oversee the reps who communicate directly with your prospects and customers daily. Think about it this way: If you're a sales manager and you help each of your 10 reps sell 20% more, you've essentially just "created” two new salespeople. Set Goals and Quotas.

Sales Management 142

Sales Management Hiring Buyer Persona Compensation 142

SBI Growth

OCTOBER 11, 2012

Sales teams are getting their 2013 numbers. For the Sales Leaders who learned how to set quotas at the SBI Make the Number tour ( register now! ), the results will be quite different. 2013 results will uncover some long-hidden flaws in the sales force. This blog is NOT about how to correctly set your sales quotas.

Quota 257

Quota Compensation Commission Margin 257

Sales and Marketing Management

MARCH 27, 2019

Author: Mike DeLeonardis, President, North America at beqom Seventy-nine percent of companies say that increasing sales productivity is a strategy they’re using to reach growth targets in 2019, but actually meeting this goal may be a challenge as only 35 percent of average-performing sales reps’ time actually goes to selling.

Strategy 223

Strategy Compensation Commission Incentives 223

SBI Growth

JUNE 21, 2013

It’s June and you’re not sure your sales leader is going to last through the year. The secret to hiring a great sales leader is the ‘A’ Player Scorecard. The secret to hiring a great sales leader is the ‘A’ Player Scorecard. Get it free here and nail your next sales leadership hire. Management Skills. Competencies.

Hiring 320

Hiring Commission Compensation Account 320

SBI Growth

MAY 27, 2013

These companies are harvesting vast amounts of internet activity and point of sale data. Many of the B2B sales leaders simply dismiss the Big Data revolution. Within the next three years, the best B2B sales organizations will use “Big Data”. Too often we see CRM systems completely misused by Sales Organizations.

Data 323

Data Top of Funnel Hiring Harvest 323

Understanding the Sales Force

MAY 23, 2019

I loved the Leavitt/Dubner series of books on Freakonomics and thought I could share some interesting sales and sales management data that make little sense. Nearly 50% of salespeople are willing to work on straight commission but only 7% of companies offer such a compensation plan.

Commission 256

Commission Compensation Discount Data 256

SBI Growth

JANUARY 26, 2014

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.) Some challenges are eternal (sufficient quality talent, sales coaching, account segmentation.). The Wrong Way To Improve.

Hiring 292

Hiring Direct Mail Buyer Persona Salary 292

SBI Growth

NOVEMBER 14, 2012

66% of Sales Reps believe that increasing the time invested by sales managers would help to increase their sales. Now is the perfect time to approach the subject when you’re in discussions regarding quota, compensation and 2013 goals. After all, sales management is responsible for Sales Performance Management.

Ideal Customer Profile 300

Ideal Customer Profile Lead Rank Lead Scoring Analysis 300

SBI Growth

JANUARY 23, 2013

Sales VPs consistently ask me: ”How can I control my boss?” But you can manage him. 117 Chief Sales Officers gave us feedback. Download the Sales VP Relationship Assessment to get the questions created from their answers. Or download it if you want to know what to do to manage them. Building trust is key.

Forecasting 308

Forecasting Quota Coaching Objections 308

SBI Growth

JUNE 12, 2013

It was submitted by the head of sales at a client company of mine. If you have ever wondered “ why did the sales manager quit? I think the reasons this sales manager quit are typical, unfortunately. Replacing a sales manager takes lots of time and effort. The compensation plan is too complicated.

Hiring 331

Hiring Ideal Customer Profile Social Media Commission 331

SBI Growth

NOVEMBER 17, 2013

Listen up Chief Sales Officer. It’s time that Sales Operations gets your undivided attention. Download the Leaders Guide to Sales Ops Enablement by clicking here. There are multiple reasons why Sales Ops needs your attention now. Sales, marketing, IT, strategy, operations and customer service. Opportunity is ripe.

Company 296

Company Hiring Buyer Persona Maximizer 296

Salesmate

SEPTEMBER 18, 2020

It is enticing to play the role of a manager in a sales team. Along with your own quota, you even need to ensure that your sales team performs well and achieves its sales quota. The real key to building a winning sales team is effective sales management. Best sales management books you must read.

Sales Management 116

Sales Management Face-to-face Quota Coaching 116

SBI Growth

AUGUST 13, 2013

Remaining effective as a sales force means continuous improvement. This might be a new buyer-aligned sales process. Or a redesigned compensation plan. Or sales recruiting to staff a new go-to-market channel. Whatever the Sales Force Effectiveness (SFE) improvement, it will require funds to get it implemented.

Hiring 288

Hiring Incentives Incentive Benefit 288

The Spiff Blog

DECEMBER 8, 2022

The variable component of success between great historic leaders and sales managers is exactly the same, and that variable is motivation. In relation to sales, let’s quickly walk through the transformation we assume most reps will undergo as they are promoted and attempt to become successful managers. Take it slow.

Compensation 71

Compensation Motivation Sales Management Strategy 71

Steven Rosen

JANUARY 22, 2015

Slammed: For the First Time Sales Manager. For first time sales managers ” by my friend and sales management guru Ken Thoreson. This is his 4 fourth in a series of books written under the banner “Your Sales Management Guru’s Guide To:”. Sales is a corporate priority. Chapter 24.

Sales Management 120

Sales Management Scale Energy Objections 120