July, 2024

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Sales Lessons We Can Learn from the 2024 Olympics

No More Cold Calling

Rusty sales skills won’t win the gold. Gold medals aren’t just handed to Olympic athletes. Commitment to a daily routine and practice separates them from every other athlete out there. It’s the same for your sales team. If you want this to be a game-changing year, it’s up to the CRO to make skills-building and practice a requirement, an integral part of your culture, and a major component of your sales strategy.

Referrals 334
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Multimedia prospecting

Sales 2.0

As we’ve introduced more ways to communicate, we (and more importantly our customers) have spread our communication over many channels, leaving less concentration on any one channel. When we only had a desk telephone, you could reach more people on it, as that was the primary channel for communication. Your prospects picked up the phone when it rang, as it might be their customer or family on the other end.

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How Good is Your Team at Prospecting for New Leads?

Anthony Cole Training

As sales manager, business line leader, or CEO, is your team finding, qualifying and closing as much business as you think they should? Most say "No" when we ask that question, which means that something in your client outreach and sales process has to change. And that change, we believe, starts at the very beginning. The call or outreach to set up an appointment is key.

Harvest 279
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Help Your Team with Cross-Selling & Up-Selling Strategies

Anthony Cole Training

The concept of cross-selling tends to evoke skepticism and wariness. Over time, this skepticism has arisen due to some individuals with good intentions although accompanied by undesirable practices. Pushing product is often another term used for cross-selling & up-selling strategies. Let’s explore why this skepticism about cross-selling exists.

Up-Sell 278
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The Intersection of AI and Sales: Personalization Without Compromise

Speaker: Jesse Hunter and Brynn Chadwick

Today’s buyers expect more than generic outreach–they want relevant, personalized interactions that address their specific needs. For sales teams managing hundreds or thousands of prospects, however, delivering this level of personalization without automation is nearly impossible. The key is integrating AI in a way that enhances customer engagement rather than making it feel robotic.

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How To Size The Sales Force To Maximize Revenue

SBI Growth

Is your sales organization appropriately staffed, or are there gaps in your headcount? Many CFOs base their sales team size on faulty assumptions or a narrow view. Underestimating leads to missed opportunities, while overestimating can erode profits — both costly errors when your sales revenue targets are at stake. Today, we'll explain how to calculate sales force size correctly, starting with recognizing and avoiding common pitfalls.

Revenue 177

More Trending

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Habits of Top Sales Hunters

The Center for Sales Strategy

Habits are routine behaviors that are repeated enough to become automatic. Habits help enhance productivity, build relationships, and increase overall performance. Many AEs need to add new habits to their priorities. Adding some or all of the below will help improve your chances of closing deals and achieving your sales goals. Take a look!

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6 Keys to Effective Pipeline Management for B2B Sellers

Sales and Marketing Management

Sales pipeline maintenance takes effort and discipline, but the payoff in terms of increased efficiency, accuracy and revenue makes it well worth the investment. The post 6 Keys to Effective Pipeline Management for B2B Sellers appeared first on Sales & Marketing Management.

Pipeline 296
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Why Today’s Top Sellers are Poised to Become Great Sales Coaches

SBI Growth

For years, there has been skepticism about whether top sellers can become great coaches. While promoting top sellers into frontline management positions has historically carried some risk, today’s top sellers are far better prepared to become great coaches.

Coaching 156
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Three Skills Your Sales Team Needs to Sell an AI Solution

Force Management

Artificial Intelligence (AI) is a fast-growing new market sector. Recent estimates show more than 75,000 AI companies exist, with more than $107B invested in these types of companies over the last two years.

Company 107
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Streamlining Complex Sales Processes: The Ultimate Guide for Industrial Companies

Are you struggling with slow quoting cycles, complex product configurations, and disconnected data in your manufacturing/distribution business? This article will help. Learn how industrial companies are revolutionizing sales processes with an integrated platform that includes quoting, inventory, and service, providing real-time data and offline access for field teams.

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OOO Reply Rates: The Best & Worst Times of Year for Email Outreach

Zoominfo

Is that prospect ghosting you, or are they just on vacation? It’s a maddening feeling that every sales professional has to deal with a few times each year. According to our new analysis of millions of emails, it’s not just in your head. We analyzed out-of-office (OOO) reply rates to outbound sales emails and explored seasonal trends — with some predictable spikes and a few surprises.

Analysis 130
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Finding the Best AI Presentation Maker, Here's What I Tested.

Hubspot Sales

You know what would have been great to have access to during my days as a teacher? An AI presentation maker. Whether you’re a teacher or a business professional, eye-catching presentations are a great way to spread (and digest!) information quickly. Thankfully, AI presentation makers are becoming popular design tools. And one of the biggest perks of AI for presentations is that it can save you valuable time.

Google 110
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Can Referrals Really Scale?

No More Cold Calling

They’d better. Otherwise, it’s a waste of your time and money. Sales leaders complain that reps don’t get enough qualified leads, their pipelines are fluff, and it takes them way too long to reach their prospects. Leadership can’t count on accurate forecasts when pipelines are unqualified. Big problem! A disciplined referral system can help your company scale by increasing deal size, converting prospects to clients, and penetrating prime accounts.

Scale 317
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Overcoming Your Sales Team’s Resistance to CRM

Sales and Marketing Management

Is your sales team not making full use of its CRM system? A new approach to training can foster empowerment and adoption, boosting performance and your ROI. The post Overcoming Your Sales Team’s Resistance to CRM appeared first on Sales & Marketing Management.

CRM 296
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How to Create Sales Email Sequences That Convert

Modern go-to-market teams know it takes more than one email to break through the noise. Multiple touchpoints means more ways to get your pitch right — and, potentially, more ways to be wrong. The good news? Once you know how to write compelling, one-off emails to entice prospective customers, you can easily do the same across a short sequence of emails.

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How Declining Commercial Efficiency is Holding Back Profitable Growth

SBI Growth

Facing headwinds from inflation, rising wages, and decades-high interest rates, it has been a challenge for commercial leaders to realize their growth ambitions. The way forward doesn’t seem to be any easier: CEOs and CFOs must continue to tighten spending while still allowing for necessary growth investment, requiring full attention from growth leaders to make the right decisions now for growth in 2024 and beyond.

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Effective Sales Meeting Strategies

Anthony Cole Training

Every salesperson has attended sales meetings and left thinking “Why do I have to go to these meetings? They are a waste of time and not helping me get better at selling.” Sales leaders and managers must own and address this problem.

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Mastering RevOps: Key Steps to Reduce Tech Bloat & Accelerate Growth

Zoominfo

Revenue operations (RevOps) professionals are an increasingly important voice on go-to-market teams, with analysts predicting 75% of the highest-growth companies will soon employ a RevOps strategy. The reasons are clear: RevOps pros are the experts in streamlined processes and consistent, sustainable growth. And one of the clearest ways to deliver that value is through evaluation of a company’s go-to-market technology stack.

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How to End a Sales Email: Closing Statements & Tips From a Quota-Carrying Salesperson

Hubspot Sales

As a B2B salesperson for companies like IBM and Open Text, scheduling in-person meetings or phone calls was often challenging, regardless of my prospect or client’s industry or business size. Then, the game changed when I leveled up my sales email writing game with curiosity-provoking subject lines, strong body text, and compelling closing statements.

Closing 122
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The Trends You Need to Succeed This Holiday Season

October Prime Day is usually an early sign of how consumer spending trends ahead of the holidays. This one was no exception. Our October Prime Day Report breaks down what’s working: the products flying off the shelves, the categories winning big, big brands, and the search terms defining demand. All brought to you via Similarweb’s Shopper Intelligence platform.

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The Seller Trust Fall

Mereo

The lie starts as a way to avoid causing disappointment, not as an act of malice. “Why did you not attend school today?” the Blue Fairy asks a small wooden boy. He makes up a silly story — harmless but clearly false. Then in a blur, the boy jerks his head backwards as his nose extends like a dowel, his eyes crossing in shock. “A lie keeps growing and growing until it’s as plain as the nose on your face,” the Blue Fairy warns.

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How to Create Attention-Grabbing B2B Content

Sales and Marketing Management

Useful tips that are sure to assist you in creating engaging content for your B2B audience. The post How to Create Attention-Grabbing B2B Content appeared first on Sales & Marketing Management.

B2B 296
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The Ultimate Guide to Rapport Building With Buyers

SBI Growth

The classic sales maxim, "People buy from people they like," is supported by extensive behavioral science research. Dr. Robert Cialdini , a renowned psychologist, emphasizes the principle of liking in his influential book, " Influence: The Psychology of Persuasion.

Buyer 296
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Don’t Leave Home Without It: Pre-Call Planning

Anthony Cole Training

Remember the tagline and series of commercials by American Express, “Don't leave home without it?” In this case, we don't want salespeople to leave the office without pre-call planning and pre-call preparation. This is a specific discipline, a hallmark and habit of all great salespeople.

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AI Strategies for Sales Managers: How to Cut Down on Tedious Admin Work

What if you could help your sellers stop wasting 72% of their day on non-selling activities and focus on bringing in revenue? Incorporating AI in your enablement workflows can help you cut down on busy work, get projects done faster, and let your team (and you!) focus on making a bigger impact. We put together this guide to show you how to use AI to cut time and costs for projects, including collateral creation, development of training videos, and automating tedious processes.

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How Practice Can Increase Sales and Commissions by 33%

Understanding the Sales Force

A friend just texted me from his Las Vegas hotel room and sent along a video of him and his son playing catch with their gloves and a baseball in their hotel room. I told him to be careful because breakage is expensive in Las Vegas and he said that’s why they do it – to be precise. His son is a friend of my son’s, was on the same baseball showcase team in high school, and they have played on the same summer collegiate league team the past two summers.

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4 Major B2B Checkout Challenges to Fix in 2024

Hubspot Sales

When you think about online checkout experiences, odds are retail comes to mind. But over the past several years, digital checkout for B2B has seen an explosion in growth. In late 2021, a Gartner study revealed that 83% of B2B buyers prefer placing orders or paying for goods through digital channels. B2B consumers want the same seamless, product-led experiences they’ve grown to love with their favorite B2C brands.

B2B 119
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How To Improve Your Business’s SEO Strategy For Growth

Smooth Sale

Photo by Geralt via Pixabay Attract the Right Job Or Clientele: How To Improve Your Business’s SEO Strategy For Growth Many businesses (regardless of age) have often dealt with the following scenario: You’ve poured hours into crafting the perfect website for your business. You’ve hired the best web designers, ensured every page is aesthetically pleasing, and filled it with content you believe will attract potential customers.

Lead Rank 167
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5 Ways to Reach Your Target Audience and Grow Your Business for Free

Sales and Marketing Management

Learn the five best ways to reach your target audience for free. Connect with ideal customers, boost brand visibility and enjoy sales growth. The post 5 Ways to Reach Your Target Audience and Grow Your Business for Free appeared first on Sales & Marketing Management.

Marketing 296
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Buyer’s Guide: 5 Tough Questions To Ask a Salesforce Managed Services Provider

This guide is for leaders who recognize the importance of Salesforce but would rather trust a team of external experts to do the heavy lifting. Choosing the right managed services provider is a significant decision that impacts your business's efficiency and success. In this 10-minute read, you'll find 5 essential questions to ask any potential provider.

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The 5 Elements of an Effective Annual Planning Fact Base

SBI Growth

Effective annual planning often makes the difference between achieving your growth goals and falling behind the competition. However, for CEOs and growth leaders to make the right decisions today that may affect results in 2024 and beyond, they need to first establish a fact base to help them identify the key growth levers that are vital to their success.

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Emotional Intelligence Skills of Effective Leaders

Steven Rosen

Emotional intelligence (EI) has emerged as a critical skill set for effective sales leadership. The ability to understand and manage one’s own emotions and those of others can significantly impact a leader’s effectiveness, team performance, and overall sales success. Here, we explore the top five emotional intelligence skills that highly effective sales leaders possess and how these skills can transform their leadership approach. 1- Emotional Regulation Emotional regulation refers to

Journal 156
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The Biggest Mistake That Salespeople Make When Closing

Understanding the Sales Force

Our family of three walked into a store where we were invited to recline in an amazing smart chair. It had every bell and whistle you could imagine in a $10,000 massaging recliner. Aggressive salespeople are no more effective than passive salespeople but if I had to choose one over the other I would take my chances with the aggressive salesperson and attempt to get them to tone it down.

Closing 173