SBI Growth

OCTOBER 21, 2013

Your people will need new capabilities to thrive in a changing market. If they went after new business, it would surely be at lower margins. High margin deals only come after a relationship has been built. A majority of reps focused on margin, and gave up prospecting for new accounts.

Hiring 293

Hiring Ideal Customer Profile Margin Face-to-face 293

Zoominfo

OCTOBER 25, 2024

That said, ZoomInfo’s data indicates many salespeople are indeed doing everything they can to gain an advantage in a tough market, with demo completion rates of 45% observed between 6-8 p.m., ZoomInfo SVP of Sales Development Brian Vital says sellers should always ask for the soonest meeting possible while respecting the prospect’s time.

Software 130

Software Software Scale Cancellation 130

SBI Growth

NOVEMBER 12, 2013

They lack focus on your target market. Examples here are wide ranges in either revenue/deal or margin/deal. Benefit – Gives you the ability to prioritize your customer/prospect base. You can market to customers who are best suited to purchase your products. Your reps have no consistency in customer size or type.

Strategy 317

Strategy Hiring Top of Funnel Margin 317

SBI Growth

JULY 23, 2013

The top of the funnel is filling with highly qualified prospects. You can avoid commoditization and grow your margins. Marketing worries about the brand’s consistency. It is a risk mitigator, branding engine and market research mechanism. Angry customers and prospects identify themselves as in the market.

Social Selling 323

Social Selling Benefit Top of Funnel Case Study 323

SBI Growth

OCTOBER 16, 2013

Intense Competition - Increased commoditization driven by old and new rivals in the market place. This will dramatically affect profit margins and the lifecycle of your competitive advantage. In a tight market, the “war on talent” is not slowing down. You need a new type of leader to guide the way. Resources are wasted.

Hiring 316

Hiring Social Media Decision Maker Face-to-face 316

Sales and Marketing Management

MAY 31, 2018

As such, mobile marketing is not just an option anymore. Moreover, the vast majority of prospects will visit a local business after they have acquired the information they need through mobile search. Make sure that your website looks well and performs flawlessly regardless of the devices that prospects are using.

Paid Content 185

Paid Content Small Business Small Business Marketing 185

The Sales Hunter

FEBRUARY 26, 2013

And it can be the difference between selling at a low margin short-term and selling at a high-margin long-term. Are the markets you service growing and, if so, are you growing with them? Too many salespeople are what I refer to as tactical salespeople. Opportunity, however, lies in being a strategic salesperson.

Margin 249

Margin Motivation Objections Competition 249

SBI Growth

FEBRUARY 10, 2014

He even knew the probability of closing a prospect based on this criteria match. It will get you started on identifying and prioritizing your best customers and prospects. This was due to a lower sales margin and an increased cost to serve. Marketing and Sales were not even targeting this segment. Nothing changes.

Customer 308

Customer Retail Segment Exercises 308

Sales and Marketing Management

SEPTEMBER 28, 2018

It left me wondering whether that sentiment rings true now that inside and outside sales reps are spending more time connecting with prospects and customers remotely versus face-to-face. based market-sizing study done by InsideSales.com found that, of the 5.7 It’s the next best thing to being there.” Recall/retell measures.

Meeting 250

Meeting Sales Meeting Face-to-face Margin 250

No More Cold Calling

OCTOBER 6, 2016

Are your sales reps wasting time prospecting? You’re a sales leader accountable for increasing revenue, while at the same time managing your profit margins. If you’ve beaten the odds and have held your role for more than 18 months, you’ve already gotten your team lined up, your prospecting strategy in place, and your goals set.

Referrals 279

Referrals Lead Rank Sales Qualified Lead Lead Scoring 279

The Pipeline

JULY 28, 2014

This is especially fatal early in the process, when they start they prospecting, be that a call, an e-mail, or a social outlet, leading with the How, then wondering why they are not having the traction they seek. Leading with the how is good if you are approaching users or implementers, they want to know “How it works”, or “How you do that”.

Decision Maker 310

Decision Maker Objections Margin Vendor 310

Sales and Marketing Management

SEPTEMBER 28, 2020

Sales and marketing teams have been slashed, and pipelines are running dry. Many small businesses were operating with extremely low margins before the crisis began, some operating at a loss or only breaking even. The impact of these changes is highlighted in the marketing segment. in the next year.

Small Business 317

Small Business Small Business Lead Rank Sales Qualified Lead 317

SBI Growth

JUNE 2, 2013

Increase in Sales rep LinkedIn activity not related to prospects or customers. Do you see many reps ''preparing'' their profiles to be more marketable? Look for profile updates and network connections that are not customer or prospect oriented. Deal quality is acceptable (margins are good). Sales cost is not growing.

Hiring 312

Hiring Ideal Customer Profile Margin Commission 312

SBI Growth

NOVEMBER 6, 2012

Marketing leaders can finish the year strong by shifting ad dollars to LinkedIn Advertising. In my last post, I provided marketing leaders a summary of the new LinkedIn features. The purpose of this post is to educate Marketers on how to drive even more leads through LinkedIn. VP of Operations” or “HR Manager”. Job Function.

LinkedIn 296

LinkedIn Sales Qualified Lead Top of Funnel Leads 296

SBI Growth

OCTOBER 9, 2013

Winning more deals at higher margins requires getting in early. The output is a clear understanding of market potential. Demand Generation efforts are focused on the best prospects and customers. Prospect (Lead Generation). Ultimately you will lose market share because the white space continues to shrink.

Sales Qualified Lead 297

Sales Qualified Lead Demand Generation Demand Generation Targets Margin 297

SBI Growth

DECEMBER 5, 2013

Sales, Finance, Marketing and Customer Service need this alignment. Having a clear understanding of your ideal customers and prospects is essential to success. Without that, virtually all else below is drastically marginalized. Armed with BPM’s and Personas, sales and marketing become much more effective.

Top of Funnel 296

Top of Funnel Territories Scale Segment 296

The Pipeline

APRIL 27, 2017

You need to not only understand the objectives your market player may have and, should have. The reality of “satisfied” prospects, is that they are by definition inert, not looking to move. Most sellers take in the prospect’s objectives at face value, and jump to trying to influence how the prospect might achieve those objectives.

Margin 230

Margin Objections Face-to-face Influencer 230

The Pipeline

APRIL 6, 2021

Most salespeople are way over reliant on their product while prospecting or selling, continuing to lead with and hype features/benefits. But as Mike Tyson said, the best made plans are laid out by the first punch or prospect objection. Doing a much better job selling the manager on the discount than selling the value to the prospect.

SME 299

SME Lead Scoring Lead Rank Discount 299

The Pipeline

OCTOBER 9, 2017

Building a base of knowledge and understanding with a given prospect, their objectives, hurdles, etc., The rep in question was a solid B player, knows the product, market, and there were years he actually made quota. If you want to put your fingers on the scale, don’t use time, use prospecting instead.

Scale 265

Scale Quota Margin Referrals 265

Pointclear

JANUARY 4, 2018

see marketing charts analysis of HubSpot’s “2017 Demand Generation Benchmarks Report” ). This table compares the cost per lead on outbound (PointClear Prospecting/Nurturing) to several other sources of inbound leads. Marketing on the other hand stated that they had provided sales with more than 4,000 leads. per gross lead).

Cost per Lead 170

Cost per Lead Sales Qualified Lead PointClear Lead Rank 170

Bernadette McClelland

JANUARY 20, 2018

5. Know your prospects. Find the problem, discover solution, present why solution is best for prospect. If most salespeople struggle with selling value or holding margin when they are in a crucial conversation, then what value would building their ‘ problem-solving skills’ give them instead of ‘overcoming objection’ training?

Selling Skills 317

Selling Skills Negotiation Sales Leadership Margin 317

The Pipeline

SEPTEMBER 21, 2017

Now let’s apply that to a prospect, the square they are in represents their current state, and the square they end up in, represents their state, where they are, after a purchase decision. I was talking to someone selling specialized ERP, and he was saying that this is only 5% of his market at any given time, small.

SME 240

SME Objections Margin Follow-up 240

The Pipeline

AUGUST 6, 2019

Tell your reps to go out and find people with the pain our product and marketing people tell them they can cure. When the prospect tics enough of the boxes, their qualified. The current approach tends to set the bar somewhat low, taking away valuable time that can be spent with real prospects. More Priorities Than Pain.

Sales Qualified Lead 242

Sales Qualified Lead Buyer Segment Quota 242

Jeffrey Gitomer

APRIL 21, 2011

It never ceases to amaze me, that with all the options salespeople have, they choose to alienate, anger or cause doubt in the mind of the prospect by setting the wrong tone with their questions. And maybe the prospect feels that’s none of your business. Low margin. It’s a waste of the prospect’s time.

Hiring 335

Hiring Social Media Loyalty Commission 335

Pointclear

AUGUST 2, 2017

The five main factors in lead close rate are: Market definition. Market definition : We once did work for a company that had two different views of the market. Marketing focused on $10,000 deals in small-to-medium sized companies. This is why account-based marketing processes are so important. Lead definition.

Sales Qualified Lead 160

Sales Qualified Lead Lead Rank Lead Scoring Closing 160

The Pipeline

OCTOBER 22, 2012

You figure on $100,000 deal, say 8% commission, going to $95,000 will only impact you by $400, but could be the margin for your company. Remember that next time you wonder about investment in product development, marketing, resources, and all the things the $5,000 you gave away could buy. What’s in Your Pipeline? Tibor Shanto.

Discount 303

Discount Margin Commission Pipeline 303

Partners in Excellence

JANUARY 23, 2025

And that drives us to look at our prospecting and activity metrics. The marginal cost of doubling activity through AI is virtually $0. Recognizing revenue is a trailing metric, we become obsessed with things that tell us whether we will achieve those goals. We become obsessed with forecasts, pipelines, and their health.

Segment 122

Segment Maximizer Margin Up-Sell 122

Sales and Marketing Management

JUNE 22, 2020

In a blog post about pricing in the pandemic for marketing research firm Forrester SiriusDecisions, Lisa Singer says companies trying to rebound from the disruption of the COVID-19 pandemic must look for opportunities to offer low-cost or free offerings. Let them go to competitors who are willing to sacrifice margin.”. 4 smart steps.

Margin 194

Margin Discount Airlines Incentives 194

The Pipeline

NOVEMBER 13, 2014

You know I have never read an article or a post that was written by an advocate of cold calling, suggesting that social selling is bad, ridiculing people who use the practice to engage with prospects, suggest that it is inadequate, or about to die. Step back you don’t wanna get any on your shoes). . Why do Socialites? Kumbaya Time.

Cold Calling 292

Cold Calling Social Media Decision Maker Lead Rank 292

SBI

NOVEMBER 8, 2018

Customer-Specific Prices: The Silent Source of Margin Leakage. In fact, it’s not uncommon in Zilliant’s conversations with prospects and conversations, to see a high percentage of customer-specific price agreements with an end date of 2099 and a fixed unit price!

Margin 139

Margin Customer System Vendor 139

Janek Performance Group

DECEMBER 24, 2024

In addition to the career benefits for reps, such as increased knowledge and skill development, it provides numerous advantages for the organization, including greater quota attainment and higher margins. This can range from traditional selling skills, such as tips on prospecting, engagement, negotiation, etc.,

Training 118

Training Hiring How To Retention 118

Sales Hacker

FEBRUARY 8, 2021

There have probably been countless times you’ve sent out a proposal and the prospect is never to be heard from again. Why your prospect hates your proposal. But if you skip it, that may be exactly what you’re communicating to the prospect: that their business is a waste of your time. Needless to say, it’s not a good look.

Proposal 137

Proposal Prospecting Vendor Follow-up 137

DiscoverOrg Sales

MARCH 8, 2017

Email marketing providers take the quality of your contact lists seriously. Bounce Rates – ISPs require email marketing providers to enforce certain bounce rate thresholds. Soft bounces (where delivery issues are temporary) receive an extra margin for forgiveness. Want your prospecting emails to have super powers?

Campaigns 235

Campaigns Email Marketing Top of Funnel Vendor 235

Understanding the Sales Force

NOVEMBER 27, 2013

But all indications are that for most other products and services, the only thing going down is margins, so I don''t believe that this could be the cause either. My Blog has been nominated for best Sales & Marketing Blog. One of my articles has been nominated for Best Sales & Marketing Article. No interest.

Travel 251

Travel Decision Maker Insurance Insurance 251

Hubspot Sales

JUNE 6, 2022

Prospect research is a challenge that's every bit as frustrating as it is essential — so to help you out, we've put together a list of 18 of the best places to research buyers before sales conversations. If you decide to leverage LinkedIn to guide or support your prospect research efforts, there are some key steps you should follow.

Research 128

Research Prospecting Face-to-face Twitter 128

Partners in Excellence

APRIL 19, 2024

VCs are investing and have driven our market cap to hundreds of millions. I build prospecting machines, I hold my people accountable for high levels of prospecting and outreach. CEO: What were the rough gross margins? With gross margins of 75% you must have had monstrous sales/marketing expense.

Scale 139

Scale Hiring Margin Churn 139

Understanding the Sales Force

APRIL 21, 2014

OMG''s sales assessment is an executional sales assessment and scientifically shows not only if a sales candidate can sell, but whether or not they will sell and succeed - for your company, in a specific sales role, against your competition, at your price points, calling into your market, and from the challenges they''ll face.

Hiring 261

Hiring Groups Exact Face-to-face 261