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In the recent post, “The 3 Worst Practices For Conducting A Successful SalesMeeting,” I highlighted the three main DON’Ts for a successful salesmeeting: DON’T. While this important “DO” seems obvious and easy, it’s usually not the case in most salesmeetings. Intimidate. Illustrate.
Author: Liz Pulice In recent years, many companies have implemented remote work arrangements, driven by financial incentives, recruitment/retention initiatives and other factors. Online meetings and training – With a content distribution system in place, you can take formerly in-person functions?—?such
Let us meet the Sales Reps from Hell. In the world of modern sales processes, two tools stand out as essential: Customer Relationship Management (CRM) and Configure-Price-Quote (CPQ). CRM software is the backbone of managing customer relationships, providing a centralized hub for all customer information.
This guest post is written by Derek Singleton of Software Advice , an online resource that report on technologies, topics and trends in B2B sales and marketing. While this is a great incentive for keeping your sales team motivated to bring in revenue, that same incentive be counterproductive in the lead qualification process.
With the rapid advancement of digital tools and platforms, sales managers are tasked with integrating technology into their daily operations. This integration is not merely about adopting new software but involves rethinking traditional sales processes to enhance efficiency and effectiveness.
This encourages your sales team to find opportunities to make additional sales with current customers, such as additional software or a larger subscription plan. Additionally, your team can report these reviews at large salesmeetings and perhaps to your broader team and organization. Sales Bingo.
For many businesses, the answer lies in offering incentives like spiffs, spivs, or commission structures. What is a spiff in sales A spiff in sales means a strategy for motivating teams. Essentially, it’s a special incentive offered to salespeople, usually over and above their usual commission or bonuses. Physical gifts.
We throw bright, shiny SaaS software at them, often not integrated, creating workflow inefficiencies. We pay them well and provide incentive motivations and trips (Cancun, anyone?). Sales call planning. Salesmeeting management. We train them, often without reinforcement. Account planning. Lead management.
For example, if your organization is shifting up market and wants to dedicate more time and resources going after enterprise accounts, you may decide to increase your minimum contract size— and therefore, no longer offer incentives for smaller deals that fall outside that range. Final Thoughts. About Spiff.
An outside sales rep at an insurance agency might travel to meet clients in their homes to discuss their needs, present insurance packages, and sign deals. Field reps for a B2B software company (a CRM platform, say), might attend trade shows, conferences, and industry events to promote their products and generate new business.
We use headset splitters, call recording, and Conversation Intelligence software for continuous improvement. ? Almost everyone on my sales team has a best friend at work. ? SPIFFs are loosely defined as Short Term Performance Incentives For Fun. ? There is a buzz on my sales floor that feel like a Wall Street trading floor.
More salesmeetings, more money. Second sponsor Outreach , the number one sales engagement platform. And that’s really where RepVue was born, which is probably now the world’s largest socially sourced set of ratings about sales organizations on the planet. And is it worse in software? The result?
A CRM also simplifies your team’s sales activities. For example, you can use it to automate follow-ups, check in with prospects, and organize one-on-one salesmeetings. You should have elaborate onboarding training programs to acclimate new employees to your systems and remote sales processes.
A CRM also simplifies your team’s sales activities. For example, you can use it to automate follow-ups, check in with prospects, and organize one-on-one salesmeetings. You should have elaborate onboarding training programs to acclimate new employees to your systems and remote sales processes.
Another year is in the books—so it’s time to ready your sales game-plan for 2020. In this post, we look back at the sales posts and topics that sparked the most engagement in 2019. This year we saw even more physical and software subscription services emerge, increasing competition in already aggressive markets.
A great way to get reps’ buy-in is to have other sales team members that have seen success in using the CRM system to conduct a training during a lunch-and-learn or at the end of the salesmeeting. The fact that they will have to invest time in learning a new system can be a huge obstacle when getting sales reps to adopt CRM.
Take advantage of a number of sales competitions and incentives. However, make sure you don’t repeat the same sales contests — not only will the same people keep winning (causing everyone else to give up ultimately), but you’ll also turn the winners into natural targets. Have a common goal in mind.
At Abstrakt , we’ve scheduled more than 100,000 B2B salesmeetings in the last eight years, so we have unique insight and hundreds of thousands of hours put into mastering this skill. “I think it’s really unusual, and that’s why we’re really selling more enterprise software than Oracle or SAP.”
There are thousands of options when it comes to software for sales that promise to make your life easier as a sales professional. There are plenty of sales prospecting tools and sales management software to help automate your manual tasks while personalizing your outreach.
Do you think we should give discounts as an incentive to sign up? Q11: For business development teams that are used to boots-on-the-ground closings, what tips do you have as they migrate to video conferencing meetings and virtual handshakes? Q17: How do you make remote salesmeetings efficient?
And with the addition of our predictive dialing call automation software, you’ll drastically cut down on the amount of time spent listening to dial tones. Properly enabling your marketing team to support sales (and vice versa) requires getting both teams together and creating the space for regular involvement with each other.
It’s likely you already know some of the sales metrics that matter to your team. To fill out the rest of your list, you need to ask a few basic questions: Are there sales metrics your team regularly views during the day or during salesmeetings? What are the sales KPIs that are driving your strategy and plan?
The thing is, the most thought-through sales process will crumble if you don’t take time to prepare for your salesmeeting. Have you done your research on the company, their industry, the actual people you’re about to meet? We live in the world of sales chaos. What about their issues and needs?
Regarding our 2017 sales predictions , here’s a quick reflection: What we were RIGHT about: Powerful partnerships and mergers e.g. Salesforce & Google. Powerful buyer influence of software review sites like G2Crowd & Capterra. The evolution of Sales & Marketing into Revenue Ops & Customer Ops. .
We’ve tried to round up all the best sales motivation strategies, insights , and ideas on how to motivate your sales team. Let’s start with the realities of the current sales environment. This is why sales team motivation is important to keep at the forefront of your mind as a sales manager AT ALL TIMES!
Lastly, use a variety of sales contests and incentives. It’s easy to keep track of the larger promises she's made, such as, “I’ll take you guys to a steak dinner at Harry’s if everyone shows up to the weekly salesmeeting the entire month.”. 6) A common vision.
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