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. Establish a Company Way for sales management.

Sales Management 166

Sales Management Hiring Compensation Incentives 166

Sales and Marketing Management

MAY 6, 2019

Simply sending an email announcement of your next incentive to make the reps aware of the program will not maximize results. Effective incentives are more than awareness. Sales managers are wise to use incentives to improve their results. Sales managers are wise to use incentives to improve their results.

Incentives 120

Incentives Incentive Maximizer ACT 120

Hubspot Sales

JUNE 11, 2019

Nothing boosts your sales team's excitement and energy more quickly and reliably than an incentive. In my years as a sales leader, I've learned the ins and outs of effective motivation. These four strategies will increase the impact of your incentives. Of course, sales managers can't show favoritism.

Incentives 140

Incentives Incentive Motivation Referrals 140

Jeffrey Gitomer

MAY 22, 2011

Tweet Share At the corporate sales meetings where I give presentations, I am often asked to participate in giving out sales awards. There is an incentive for that person to maintain or improve his or her performance to stay at the top. Sales Management. Sales Videos. See Jeffrey Live! Hire Jeffrey.

Hiring 291

Hiring Social Media Loyalty Incentives 291

The Pipeline

AUGUST 14, 2014

Examples in sales may be lead to opportunity conversions, or proposals to close. You often hear sales managers and director speak of how they are doing against their KPI’s. I hear reps say “well I delivered against the KPI, I got eight meetings every week this quarter.” What’s in Your Pipeline? Tibor Shanto .

Workbooks 288

Workbooks Distribution Incentives Incentive 288

Pointclear

AUGUST 27, 2013

James Obermayer, Executive Director and CEO of the Sales Lead Management Association and President of Sales Leakage Consulting is a regular guest blogger with ViewPoint. During a breakfast meeting with Steve last week, he got right down to business. Man we are hurting. What am I gonna do?”

Telemarketing 184

Telemarketing Marketing Qualified Lead Leads Sales Management 184

Salesmate

JUNE 4, 2021

Similarly, many other practices in sales have changed with the changing world around. One such practice is that of providing sales incentives to the salespeople. What are sales incentives? Call it what you will, incentives are what get people to work harder.” – Nikita Khrushchev . Split incentives .

Incentives 105

Incentives Incentive Compensation Motivation 105

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

No More Cold Calling

MARCH 13, 2014

The best way to motivate your sales reps is to believe in them. Sales managers can wreck a sales career or launch it. They can motivate reps who seem hopeless or derail the efforts of rising sales stars. Rene Zamora, a sales management thought leader and this month’s guest blogger, has a unique perspective.

Small Business 240

Small Business Small Business Sales Outsourcing Face-to-face 240

Jeffrey Gitomer

MARCH 8, 2013

Instill pride for sales. Have incentives and contests to keep it competitive. Pay a larger incentive the second time. Have regular sales meetings. Have regular sales training. A weekly sales meeting should include 15 minutes of training. The bigger the prize, the bigger the effort.

Incentives 255

Incentives Incentive Compensation Referrals 255

Hubspot Sales

AUGUST 22, 2018

Sales manager job description. Sales managers are responsible for helping their reps meet individual quota, getting the team to hit quota, forecasting sales and running sales reports, providing mentorship and training, recruiting, hiring, and onboarding new salespeople, and more. Company description.

Hiring 141

Hiring Sales Management Forecasting Quota 141

SBI Growth

MAY 27, 2013

This creates a huge headache for every sales manager. One sales leader we know named Phil took a different approach. Steve instituted a change: All opportunities were entered by Sales reps, regardless of probability or deal size. He removed incentives based on win rate. Still, it’s completely subjective.

Data 323

Data Top of Funnel Hiring Harvest 323

Anthony Cole Training

JUNE 20, 2012

I was traveling south on Montgomery Road today and NOT thinking about sales, sales management or coaching sales. I believe that this also has significant implication about selling and coaching sales people. So now after about 4 minutes I am thinking about selling, sales management and coaching people.

Incentives 187

Incentives Incentive Travel Compensation 187

Hubspot Sales

MAY 29, 2019

So you’ve just been promoted to sales manager -- congratulations! In your first three months as a manager, you’ll have to learn an entirely new set of processes -- some related to sales, some not. Assess your strengths as a manager. Understand how your team wants to be managed.

Sales Management 141

Sales Management Hiring Forecasting Pipeline 141

Igniting Sales Transformation

DECEMBER 1, 2019

As sales teams mount their final push to finish 2019 strong, someone in a sales enablement, marketing or sales support role is planning what has become status quo in sales. The annual sales kick off (SKO) meeting. As the term implies, a sales kick-off meeting is meant to be a sales reset.

Meeting 130

Meeting Decision Maker Revelation ACT 130

SBI Growth

NOVEMBER 17, 2013

Enable Sales Ops to pay well for their positions. Link some incentive to making the revenue goal. Your sales ops team needs the right data. Endorsement: Sales Ops needs your direct and visible support. When your Executive Committee meets, you need one version of the truth. Marketing and sales need alignment.

Company 296

Company Hiring Buyer Persona Maximizer 296

Pointclear

SEPTEMBER 10, 2013

If this is true, and no one has refuted me yet, why isn’t marketing management (and everyone in the marketing department) compensated in some manner on revenue the same way sales people and sales management are paid? Generally, revenue for Marketing doesn’t meet those criteria. Is this good or bad?

Compensation 208

Compensation Revenue Marketing Sales Qualified Lead 208

Sales and Marketing Management

DECEMBER 26, 2018

In my work with sales executives from corporations large and small, I repeatedly see that team rewards are easily overlooked in favor of individual incentives. And while individual incentives are critical to the success of any sales organization, most companies are not fully invested in supporting the team environment.

Incentives 191

Incentives Incentive Google Account 191

Sales and Marketing Management

MAY 14, 2020

Author: Liz Pulice In recent years, many companies have implemented remote work arrangements, driven by financial incentives, recruitment/retention initiatives and other factors. These conditions can present challenges for sales organizations, where in-person meetings and events are typically part of “business as usual.”

Sales Enablement 227

Sales Enablement Scale Policies Distribution 227

Openview

SEPTEMBER 21, 2017

When that transition is from an individual contributor to manager, that adjustment can be even more jarring. We all know the typical story with sales managers – they were a top performing salesperson, had ambitions to move up in their career, and then a position opens up and they are managing a group of salespeople.

Sales Management 96

Sales Management Hiring Sales Qualified Lead Pipeline 96

Understanding the Sales Force

NOVEMBER 10, 2023

As a result, they can’t anticipate when in a sales cycle or sales process they will be impacted, and don’t have the awareness to take steps to work around it and improve. When this lack of awareness is prevalent at the top of a sales organization, it is challenging to grow it or scale it.

Company 227

Company Hiring Scale Forecasting 227

Zoominfo

MAY 17, 2021

Smart, strategic incentives that reward employees for achieving their goals is a great way to keep employees engaged, motivated, and willing to rally behind each other to succeed. This kind of incentive motivated individual reps to outperform their colleagues to get a grand prize that was well worth the effort they put in.

Incentives 147

Incentives Incentive Call-back Energy 147

Sales Hacker

SEPTEMBER 9, 2020

If you’re looking to get a little extra from your revenue team, examining your sales incentives program is a great place to start. . An effective sales incentive program is not just the fuel to drive your revenue team. Why It Matters to Invest in Sales Incentives R ight N ow.

Incentives 84

Incentives Incentive Revenue Webinar Metrics 84

Anthony Cole Training

FEBRUARY 10, 2015

Time and again, I see organizations put together evaluation programs to determine the following: an employee''s progress towards objectives, increases in compensation, allocation of bonuses or earned incentive compensation. If it can get measured, then performance can be evaluated against an accepted standard.

Sales Management 120

Sales Management Compensation Sales Qualified Lead Incentives 120

Close.io

OCTOBER 1, 2018

So you want to become a sales manager ? First you’ll need to make sure you’ve got the right skills, experience, drive and track record at the helm in both selling and at managing others—in order to back yourself up. Want to get a ready-made set of resources to manage a sales team effectively?

Sales Management 115

Sales Management Hiring Lead Rank Forecasting 115

Nutshell

DECEMBER 4, 2018

Most people find meetings to be a painful experience—and not without reason. Meetings often lack an agenda, purpose, or direction, and on top of that, they’re usually inconveniently scheduled and easily get off track. Make the Meeting Convenient. Instead, schedule your weekly meetings for Tuesday or Wednesday afternoons.

Meeting 97

Meeting Maximizer Decision Maker Commission 97

No More Cold Calling

SEPTEMBER 21, 2017

I’ve summarized interviews with three successful women in tech sales, and share why and how they outsell their peers. The first is Sue, a successful field sales manager in a tech company. But she brought a unique capability to technology sales: domain expertise as an end user. The Not-So Technical Sue.

Cold Calling 266

Cold Calling Loyalty Account Intent 266

LeadFuze

MAY 17, 2021

What is a Sales Manager. A sales manager is a person that’s responsible for building, leading, and managing a sales team within an organization. . A sales manager will work closely with managers of other departments, as well as communicate with prospects and customers on a regular or semi-regular basis.

Paid Content 98

Paid Content Sales Management Hiring Lead Rank 98

Understanding the Sales Force

JULY 9, 2024

Average Sale $40,000 $44,000 Sold $1 million $1.331 million Increase 33% So if practicing could make every salesperson just 10% better, would result in a 33% increase in sales, a 33% or more (with kickers) increase in commissions, and required only 20-30 minutes per day, why don’t more salespeople practice? Do the math!

Commission 194

Commission Hotels Sales Qualified Lead Lead Rank 194

Zoominfo

MAY 17, 2021

Smart, strategic incentives that reward employees for achieving their goals is a great way to keep employees engaged and willing to rally behind each other to succeed. This kind of incentive motivated individual reps to outperform their colleagues to get a grand prize that was well worth the effort they put in. Enter the sales spiff.

Incentives 130

Incentives Incentive Call-back Energy 130

Anthony Cole Training

FEBRUARY 7, 2013

Activites like: Calls, contacts, appointments, opportunities, presentations, introductions asked for, networking events attended, advocacy meetings. These are all activities that sales people perform or should be performing. So, give them the guidance they need to meet that expectation.

Hiring 176

Hiring Lead Rank Lead Scoring Incentives 176

Hubspot Sales

JUNE 16, 2022

The role of a sales team is to sell. The sales manager is responsible for creating, advancing, and managing the people, processes, and systems for their team to be successful. While this job routinely requires setting goals for the team, sales managers must set goals for themselves as well.

Sales Goal 98

Sales Goal Examples Sales Management Hiring 98

Hubspot Sales

OCTOBER 4, 2017

The jump from salesperson to sales manager is extremely challenging. A manager has an entirely different job: Leading, inspiring, coaching, and training a team. Some are prescriptive about every aspect of the sales process, from prospecting methods and soundbites to objection-handling techniques.

Sales Management 111

Sales Management Hiring ACT Quota 111

Zoominfo

MAY 13, 2018

What we’re about to say is going to contradict every point we’ve made thus far—but hear us out: Stress can be beneficial for sales people. There’s no way around it, stress drives activity and sales managers know this. Start small, and expand your incentive program as you learn and grow. So how do you do this correctly?

Hiring 258

Hiring Sales Qualified Lead Lead Rank Lead Scoring 258

Zoominfo

OCTOBER 6, 2020

Picture this: You’re a sales leader, currently responsible for a team of nearly 10+ sales development reps. You have a strong solution to go along with a solid stream of both inbound and outbound activity, which prompted you to split the team by each channel to maximize meeting creation (and hopefully pipeline!).

Lead Scoring 169

Lead Scoring Lead Rank Leads Marketing Qualified Lead 169

No More Cold Calling

FEBRUARY 29, 2016

That’s why the salesmen and saleswomen who cultivate relationships and leverage them for introductions to prime prospects get meetings faster, fill their pipelines with hot sales leads, and convert prospects into clients more than 50 percent of the time. Our topic: “How to get the one-call referral meeting.” You can listen here.

Referrals 120

Referrals Incentives Incentive Cold Calling 120

Xactly

JANUARY 7, 2019

The start of a new year comes with a new sales plan—and that means you must reassess your sales capacity needs , align and balance sales territories , and create a sales incentive plan that drives sales performance. Enter sales compensation planning. The Importance of Sales Compensation Planning.

Compensation 90

Compensation Incentive Incentives Commission 90