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I read the majority of the reports, studies, whitepapers, and books related to sales development because others in the field might stumble onto a trend, an insight or a statistic of which I was not aware. That’s why I downloaded Xactly’s 2025 Sales Compensation Survey.
In Ken Krogue’s full day session on Business Development – inside sales tips, strategies, tools, and methodology, this acronym was one of the highlights of his session because it brings everything you need in sales together. Ken has identified over 27 types of inside sales campaigns. Ready for it?
Yes, the title, "Improve Sales Forecasting to Improve Sales Performance?" It remains a question despite the millions of dollars spent on CRM, sales force automation, training and hype. I read the whitepaper, and it clearly identified common problems with CRM tools such as SalesForce.com, ACT and other pipeline management tools.
The Pipeline Renbor Sales Solutions Inc.s The REAL Problem with Sales Training. Stored in Guest Post , Productivity , Sales Leadership , Sales Success , Sales Training , e-book , execution. But I have some of them, and I invite you to download the FREE whitepaper – registration is not required.
We call it Sales Tech Simplified. It is the primary objective for CEO’s and for Sales and Marketing executives. For Sales teams, Model N solutions streamline the Quote to Cash process with smart selling solutions like CPQ and Contract Lifecycle Management, designed to shorten sales cycles and maximize deal value.
As a sales leadership team, there are plenty of questions we ask ourselves to improve sales performance analysis and management, including: Are we setting up our teams for success? Despite the fact that we live and breathe incentive comp, we are not immune to the factors that affect every sales organization.
Captures rich customer intelligence for superior lead nurturing and accelerated sales cycles Alinean introduced Interactive Content Connectors at the Eloqua Experience event, helping integrate Alinean-value sales / marketing tools with CRM / Marketing Automation solutions, including salesforce.com, Eloqua and more.
I n 2011 you worked hard to produce new value-focused tools, empowering your sales team to meet the growing challenges of today’s more empowered, skeptical and frugal buyer. And you are not alone, as SiriusDecisions reports that the average company now spends a whopping $43K on marketing content and sales tools per salesperson per year.
My friend, Jim Keenan, wrote an interesting post on “The Sales Stack.” So let’s look at what an “OSI model of sales” might look like (at least my view). As we (our companies) develop our Go To Market Strategies and our Sales Stacks, we have to start with the customer. Why Do They Buy?
Inside sales reps who engage prospects with a personalized pitch see better open rates, have longer conversations, and book more meetings. But migrating from a traditional cold calling model to one that requires a high-level of customization can be challenging, even for the most sophisticated inside sales environments.
To hit these targets you will have to do more, with most organizations investing in three key areas to try and drive results: More Sales Reps More Training More Traditional Content But is “more” really more, or will “more “result in the same, or worse, less? However, more sales reps do not mean more revenue. Why is this?
Building a sales funnel that aligns with your business goals is essential. I’m the head of Product at Datanyze, specializing in sourcing up-to-date prospect contact info to keep your pipeline flowing and sales funnel fresh. What is a sales funnel? And then there’s the sales funnel. The 4 stages of a sales funnel.
Consultative selling is a sales approach that shifts the emphasis from pushing products to being a trusted partner. For example: 50% of sales reps think they avoid being pushy, yet 84% of buyers disagree. For example: 50% of sales reps think they avoid being pushy, yet 84% of buyers disagree. How can they improve their position?
In all honestly, managing sales reps can be a challenge. Sales reps may share one common goal—closing deals—but managers need to understand different personalities, adapt to unique learning styles, and provide the tools each rep needs to hit (and ideally, exceed) their quotas. The best sales teams are led by the best sales managers.
There are hundreds of different sales tactics that you can use to find prospects, qualify leads, and make a sale. To point you in the right direction, we’ve compiled a list of some of the best and most popular B2B sales tactics from general practices to specific sales techniques you can use to close more of your deals.
Sales data. When handled well, data can help ensure sales forecasting accuracy , but when handled exceptionally, data can drive alignment with sales and finance teams and even optimize your overall sales plan. So what can companies do to ensure data and sales forecasting accuracy? Can your data really do that?
Marketing spends a lot of time and effort crafting direct-selling product collateral, web pages, campaign support materials, whitepapers and blog posts. Is the new price stimulating new sales, or are you just making less per sale? How many sales were made at a discount? How many of each? Who’s buying them?
In many ways, managing multiple sales channels is like climbing that mountain—it looks easy until you really get into the process, and then the challenges and difficulties become all too apparent. New product rollouts and availability should be preceded by training, collateral distribution and sales support materials.
First off, let’s make one thing very clear: sales enablement isn’t just another fun trend that’s here today and gone tomorrow. Just five years ago, CSO Insights ran a study about sales enablement and only 25% of the companies they surveyed had developed sales enablement for their teams. 9 sales enablement best practices.
This underscores the influence of sales collateral, ranging from traditional brochures to dynamic digital content like blogs and videos, in steering potential customers through their buying journey. This guide shares the importance of sales collateral, who is responsible, and how to use it to seal the deal. What Is a Sales Collateral?
In the not-so-distant past, a significant portion of a typical business-to-business (B2B) sales professional’s life revolved around in-person meetings with key prospects and high-value clients. Today, as much as 80% of B2B decision-makers prefer remote or even fully self-serve sales interactions. Why Invest in B2B Lead Generation?
For sales organizations, these numbers are expressed in raw data we call leading and lagging indicators. Our whitepaper, The Ultimate Guide to Developing a High-Performance Sales Organization , examines six pillars of successful organizations. But they cannot be changed, at least not in your present sales cycle.
Done correctly, cross-promotion can dramatically increase your sales and lift your bottom line in your value chain. In an affiliate program, you offer a commission in exchange for a sale. Here, ebooks and in-depth whitepapers can offer greater value than top-level blog posts. Only, it’s anything but.
Aligning sales and marketing teams is a struggle for many companies. The sales department grows frustrated because they don’t have the necessary material (i.e., blog posts, whitepapers, eBooks) to make a sale. Therefore, marketing may become annoyed when sales doesn’t even use what they produce.
Motivating a company sales team is an inherently difficult task. You can’t depend on what motivated you as a sales rep to also motivate your team. Start by being genuinely positive and authentic on the sales floor. What made them want to work in sales in the first place? What are you saying to yourself in your head?
Crafting e-books, whitepapers, social media posts, etc. One school of thought believes that you would not be able to generate a lot of referrals without an incentive. You cannot generate sales if you have not put in the effort to make your product or service stand out from the rest of your competitors.
No one wants to miss a deal, and, in sales, time counts. For every stalled sale, there are a multitude of excuses. For example, show the immediate effect of a Midwest supply chain issue on sales quota. For example, show the immediate effect of a Midwest supply chain issue on sales quota. It’s the economy.
No matter the department, every single person in your company should understand sales because, at the end of the day, it’s everyone’s job to sell the brand. Marketing and customer support are specific departments that benefit the most from understanding the sales process. Call it “ sales rep for a day.”.
As sales pros, you might not steamroll, bully, or otherwise menace clients. Here are several tips to develop a winning sales strategy: Define Goals. Of course, all sales organizations want to sell more. Get creative with loyalty incentives. It can also be boosted with regular sales coaching and training.
In our recent whitepaper The Ultimate Guide to Sales Negotiations , we discuss how negotiations improve with consultative selling. By stressing long-term relationships over short-term sales, sellers should form partnerships and work with buyers to achieve the best outcomes. After all, it’s a negotiation, not a fire sale.
Why are Sales Compensation Plans Important. A company is nothing if it doesn’t have sales. There are plenty of ways to automate and utilize inbound methods, but having salespeople who take control of the deal and close new sales was the next level. Building sales compensation plans for them can be a difficult task.
In fact, according to a Marketing Innovators whitepaper , companies that foster high morale among their employees outperform competitors by around 20 percent. The reality is that any effort to boost sales team morale at this point is going to be short-term. Of course, being part of sales teams means doing more than just sell.
Write a whitepaper. Researching a whitepaper on best practices in your field will give you an excuse to seek out prospects, interview them, and ask them to refer you to others. Include in your signature or bio a mention of your newsletter, survey, whitepaper, etc. Launch a survey. Write for periodicals.
They would also rely on third parties who offered contact lists for sale, but the quality of these lists was questionable. The successful track record of these tools should provide strong incentives for marketing groups to proceed with automation projects and equally strong justifications to seek funding for those projects.
Offer incentives for joining your list. That’s why you need to offer an incentive, AKA a lead magnet. Using discounts to drive email signups isn’t as common in the B2B world, but they can still be effective for B2B products with a short sales cycle. There are plenty of ways to do this.
In B2B sales, negotiations are a crucial component of the sales process. As personal connections are the key to sales, they are also central to negotiations. Yet, according to negotiation specialists Scotwork, most sales negotiators are woefully unprepared. Critical to all sales negotiations is your BATNA.
Yesterday I voiced my concerns about the poor quality – in general – of sales management today. What any individual sales leader actively does is conditioned by the size of their company, the products it sells and the way they are sold, the organization of functions within it, and perhaps their own special ability. Organizing.
In fact, with a PRM, businesses have seen a 48-percent increase in revenue and the sales cycle 5.5 times shorter, according to a 2017 Aberdeen Group Research Study on channel partner marketing and sales. Coach partners on specific pieces of content to use at key points in the marketing funnel and sales cycle.
The separation between sales and marketing is always a hot topic of discussion. There is also a big debate as to whom the inside sales teams should report to. There is also a big debate as to whom the inside sales teams should report to. This is why marketing needs dedicated inside sales reps for event promotion!
At Abstrakt , we’ve scheduled more than 100,000 B2B sales meetings in the last eight years, so we have unique insight and hundreds of thousands of hours put into mastering this skill. ” According to Anthony Parinello in the book Selling to Vito , targeting the CEO/President/Owner will result in: A shorter sales cycle.
Successful Sales is a combination of art and science. Modern analytics platforms provide data at a breakneck pace that can galvanize the Sales process. But Sales is still about the perfection of communication, at its essence. That’s why Sales coaching is so important. . What’s the key to effective Sales coaching?
Seismic , the market leader for sales enablement platforms, today announced the acquisition of Percolate, a leading marketing campaign orchestration and content management platform. Seismic Acquires Percolate to Create Exceptional Content Experiences at Every Point in the Customer Journey. Doug Winter, Seismic co-founder and CEO.
The separation between sales and marketing is always a hot topic of discussion. There is also a big debate as to whom the inside sales teams should report to. There is also a big debate as to whom the inside sales teams should report to. This is why marketing needs dedicated inside sales reps for event promotion!
Let’s say you’re the head of sales in a small company that recently launched a product. Your task as a sales manager is to market it. But appealing to large audiences doesn’t help your business to reach sales goals, or generate and convert enough leads. Your product is of service to the widest range of potential customers.
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