6 Advantages to Group Recruitment For Your Business
Low cost recruitment is now available thanks to a growing breed of recruiting services who charge a flat fee instead of linking the fee charged to the pay rate of the individual hired. Think about this for a minute. The person you are paying to help you find the best employee may only be interested in finding the highest paid person for the job. Who is a recruiter more likely to send to a company, the guy who is making £50,000 a year, or the guy making £80,000 a year? So even though the lower paid employee may be best suited for the position the recruiter has a strong incentive to push the highest paid candidates to interview with the company. At a flat fee recruitment agency they have no extra...
Job Adverts - Attracting Job Seekers
When it comes to a recruitment drive, you need focus on writing appealing job adverts that reach out to those you need to apply in the best way possible, and avoiding poorly written adverts that might see you being inundated with completely unsuitable applicants. Using specific techniques in writing job adverts, along with being able to incorporate key pointers about the job within a small space, is key to writing the best job ads. This is especially true when faced with the little space in which you have to fill! Research Before you Write Carry out a bit of research before you embark on your write up; take a look at how other adverts are being written, how they are spaced out, and what key...
Find The Perfect Job Online
If you have a desire to work in a particular field it may not be as difficult as you first believed. Searching on the Internet will enable you to study the requirements that are necessary to work in the field of your choice. From there you can assess whether you have the skills and qualifications required. If you do, you can find vacancies of the kind you are seeking and usually make online applications. This enables you to work on your CV and covering letter in your own time so that it will not affect your current job, if applicable. Alternatively, if you do not have the necessary qualifications, you can use the Internet to discover how to go about achieving them, and, in many cases, find online or...
8 Things Not to Do For a Job Interview
In today's tremendous, competitive job environment; what you must not do is nearly as important as what you must do right. With hundreds of qualified applicants for every good job; a recruiter or human resources professional spends as much time shifting through and disqualifying people as they do looking for people to hire. The following 8 tips are geared to keep you off the disqualified list. 1. Not Dressing in a conservative business suit - The only appropriate dress is a conservative, 2-piece suit for a man or pantsuit for a woman. For men, you should wear a simple, white shirt with a basic, solid color tie. This is not the time to be creative, flashy, or to make a fashion statement. 2. Not...
Job Adverts - How to Write Attractive Ones
When you embark on a recruitment drive, even when you're looking to fill just one job role, it can be rather difficult to know what to include and what the best layout is. We have written our 'How to' to help you write attractive job adverts that will not only attract applicants, but will help you to avoid receiving hundreds of applications from people that are unsuitable for the job. Below we have split the main part of a job ad into four parts - title, description & benefits, company background and applying: Job Title - Make the title clear, accurate and use words that potential candidates will search for, especially when using on line ads - Think about what people may search for - sales...
Create a 'No Excuses' Sales Environment
What is your company's sales culture or environment? Can that question be answered quickly and articulated consistently across your organization? The foundation for creating a clearly defined sales environment begins with the leadership - how they set sales standards and then demonstrate, communicate and inspect accountability to those standards. What sales standards do you set and communicate? Are they extraordinary? If we followed you around for 30 days, what would we observe about your actions and interactions with your team? What would we discover about the personal accountability of each individual in your organization and about their standards as a sales team? Do your salespeople make excuses...
The "You Can Motivate Your Sales Staff" Myth
In my first management course at the City College of New York over 30 years ago, I learned an important truth--you can't motivate anyone except yourself. As a manager, all you can do is "create a climate" in which your sales team members motivate themselves. It's true that you can motivate your staff with fear--the fear of management's anger, the fear of looking foolish or even the fear of losing their job. Fear motivates human beings for short periods, but eventually this tactic fails, because most people will only accept this type of negative incentive for a short time and then they quit. Setting a climate for self-motivation by staff members is a full-time job for successful sales managers. As...
Simplicity is necessary in the business world. Of course simple does not mean easy, but rather is a way of boiling everything down to their basic key elements. A post on leadership by Peter Winick entitled "Do you have the right strategy and the right people?" caught my eye because of the use of the ever popular quadrant. What would happen if your sales management team created a quadrant and in the upper right hand corner labeled it Best Salespersons? These are the individuals who exceed their quotas year after year, after incredible customer loyalty and probably represent the 20% of your sales force who deliver 80% of your revenue. In the 3 remaining quadrants going from left, down and to the right...
Sales Potential - Using KPI's to Measure Sales Performance
Key Performance Indicators (KPI's) are performance metrics that management use to help make effective decisions to guide a business and enhance performance. Common sales performance metrics include total sales revenues, number of sales, average order value, repeat sales, sales for year-to-date, and so on. These metrics on their own only provide part of the story however, and as a sales or business manager you need to be able to understand what the metrics actually represent and how they are affecting your overall business performance. Looking at KPI's in isolation is not of such great help, but when you are able to look at trends and the relationships between metrics and how these integrate to...
How to Motivate Sales People Without Money?
It is common knowledge that many sales people can calculate how much commission they have earned faster and more accurate than any super computer. Indeed, money is a key driving force that motivates most, and certainly for the more successful ones. However, is money then the ONLY motivator, or are there anything else? If you were to ask anyone why they want to be one, there will usually be 3 answers: 1. For the money (of course); 2. Being able to directly link their efforts to tangible results; and 3. Having the (relative) independence and flexibility in their jobs As such, while money may be the key driver for most, it certainly is not the only one. They are also motivated by a sense of achievement...
Top 10 Attributes of Successful Sales Managers
The Five Cs of Trust Character Competence Confidence Credibility Congruence The Five Points of Presence Charisma Enthusiasm Optimism Empathy Vision Why do you suppose that the first major category deals with trust? The ability to gain and keep trust is a vital factor in being able to influence your team. Research has shown, time and time again, that trust is always a contributing factor in the ability to influence others. When a person trusts you, that trust alone can cause them to accept you. On the flip side, if your team doesn't trust you, all the evidence, reasoning, facts or figures in the world won't get them to budge. Character is the foundation of trust. I also believe that the teaching of...
Need a Job - Improve Your Chances
With a little work you can improve your chances of getting a job. Finding a way to make you stand out from the pack is the key. This requires some out of the box thinking and strategies. Be unconventional in your approach to getting a job. Back in the seventies Bill Gates and Stephen Jobs shook up the corporate world with their radical management strategies at MicroSoft. You know the rest of the story. This is just an example and you probably don't have to go as far as those guys did. But it shows the sky is the limit if you're willing to leave the herd mentality behind to improve your chances of getting a job. Have the Right Attitude Read the book "How to win Friends and influence People" by Dale...
So You Want to Sell Insurance?
An outline of the essential skills used by top sales producers which you will learn in this article. The first requirement in the pursuit of a happy and successful career in selling is your own belief in the value of the product or service that you are selling. This is an ethics issue. If you are not totally convinced that what you are offering represents good value then the chances are you will not sell it successfully, or if you do then your own self-esteem will suffer - not a price worth paying, especially when there are so many valuable products and services waiting for you to exploit. The raw materials you need for Selling. 1) Social Skills. Learn the importance of your appearance and other...
Search Latest Jobs in Chennai
Previously people from Northern India did not wish to go to southern India due to unfamiliarity with language, people, food, living habits and many other factors. But latest jobs have compelled to go and stay in Chennai for their better future. Now days, people want to go to Chennai due to favorable work environment and suitable living environment. One can find jobs in India like marketing jobs, finance jobs, sales jobs, php jobs or jobs in any IT sector and almost all types of jobs to make the people work in their respective field. Jobs in Chennai are available in almost every field. There are many big companies located in Chennai and all of them need a proper staff for the efficient working of the...
Dealing With Bullies As Customers, Bosses and Vendors
We all knew them when we were growing up. It seems every school or every community had at least one bully. The problem is that most of us still have to deal with them at work or as our customers, our bosses or our vendors. Somewhere You've Had to Deal with a Bully If you've any length of work experience, you've had at least one boss who was a bully. If you are in sales, you've encountered them as customers. If you're a small business owner, you may have felt the abusive actions of a vendor. Sometimes they are normally nice people who are so frustrated with your company's policies they lash out. But others bully people as a normal course of dealing with others because they enjoy the power game. I...
Why you should stop trying to delight your customers
Delighting customers does not build loyalty. Reducing customers' effort does. These were the findings from a large customer service survey conducted by the Customer Contact Council (CCC), and featured in the July edition of the Harvard Business Review. The survey's aim was to get answers to three questions: 1. How important is customer service to loyalty? 2. Which customer service activities increase loyalty, and which don't? 3. Can companies increase loyalty without raising their customer service operating costs? After conducting structured interviews with customer service leaders and a study of more than 75,000 customers, the CCC uncovered three findings: 1. Exceeding expectations during...
Pharmaceutical Sales Representative Jobs
Looking for pharmaceutical sales representative jobs will have the best luck when searching in a variety of places for employment. The more expansive you are in your search, the more jobs you are likely to find. As a pharma sales representative, you will be working for a drug company and frequently communicating with various medical facilities, doctors, and other health professionals about the types of prescription medications you have to offer. A pharmaceutical sales rep typically attends a two-year college, and most are preferred to possess a bachelor's degree in science, which requires an additional two to four years in college. Pharmaceutical sales rep jobs salaries range from $60,000 to $80,000...
Medical Sales Positions In Pediatrics - OTC Representative Positions
f the more interesting specialties in medical sales is pediatrics involving doctors who treat children. The pediatrics medical specialty involves a fair number of over the counter (OTC) non-prescription products in addition to the usual prescription drugs. Some pharmaceutical firms deal only with OTC products in this specialty including those with baby formulas. This may be a feasible entry route for newcomers to medical sales since the pediatrics field is so OTC intensive. The OTC business is generally very sample intensive so medical sales representatives working in this particular area will be expected to deal with huge supplies of free samples for the medical clinics on a daily basis. One thing...
What Is It Like to Be a Pharmaceutical Rep?
Not less than 6 years ago, if you asked what it is like to be a pharmaceutical rep, the answers will be filled with positive words like more freedom, more money and bright future career. But right now, even those reps working with giant Pharmaceutical Companies are unsure of what lies ahead. The news for this industry is filled with words like layoff, merger and acquisition and restructuring. That is definitely creates a different type of stories compared to previously. But I know people like to hear the earlier version. So here it goes: A pharmaceutical rep has a job that many people envy, especially, due to its time flexibility. But little that they know it is only true for those who are based...
Essential Qualities to Help You Become a Successful Sales Woman
To realize the essential qualities of a successful sales woman it is important to put yourself in the shoes of the buyer. This gives you an instant edge on those salespeople who focus more on themselves rather than the people who keep them in a job. So close your eyes and think of a time when you dealt with a sales person, bought something and walked away feeling excited at your new purchase, thinking wow that was great and what a superb person to do business with. What was it you appreciated as a buyer? Perhaps the salesperson made you feel special, understood your problem or needs. Maybe he/she really knew the product and could explain clearly how it worked or what it could do for you. Did he...
Being the Best As a Med Sales Representative
Being the best medical sales representative requires several skills that ensure easy working. Most employers in this field look for people who have a basic knowledge about diseases and pharmacology. Therefore, having studied pharmacology, clinician or a Bachelors degree in science major, give you a greater advantage as the best candidate for this job. However, after one is hired for this job, training is always offered to equip one with the skills required. Some of the key skills required include the ability to present detailed information in a clear and systematic manner. This applies especially incases where presentation is required. One must also be a good team player. Candidates ought to...
A Challenge for Sales Personnel Managing Paperwork Piles
Being in sales lets you experience extremes in emotion; one day you're licking fresh wounds from the open battlefield (it is a battlefield since you either make a killing or you're dead meat), the next day you're in the office dragging your way in a bore-to-death schlep between piles of paperwork, which tempts you with the idea of going back out on the field for another round of beating. Whether its paperwork which occupies your desk, or online mail which practically spams out your inbox, it is something which will eventually need your attention. And it is better to deal with them now than later, since it is no small wonder how paperwork can pile up quickly when ignored; in this sense it is a...
#1 Way To Get Into Medical Sales
I wanted to write a short post about what I believe is the #1 way to get into the industry. You need to find a friend. It is a fact that someone who is referred by a friend within an organization is more likely to get hired. This eliminates a majority of the risk on the employers part. When a good employee refers you their reputation is on the line so you must be good. Right? So here is your challenge, make a friend with someone in the industry. If you already know someone take them to lunch and tell them your intent to get into the industry. I have had multiple people offer to take me to lunch and pick my brain. Guess what, many of them are know medical sales reps. I had one of my younger sisters...
Pharmaceutical Equipment Sales Jobs
A pharmacist's job is not as easy as people might think. Sales is also a very tough job that has made its way in today's day and age, and combined, the profile might look dull, but is actually very interesting. Many people love to go in for pharmaceuticals as a career after they finish studying. Knowing business and marketing is closely connected to the job and so it always helps if one has prior knowledge of the same. Being a pharmacist is not that easy and one has to put in the required time and effort in order to establish themselves in the field as well. There are plenty of pharmaceutical equipment sales job opportunities these days because there are more and more people who are going in for...
Sales Motivation In The 2009 Economy
Sales motivation in today's economy is more important than ever before. As the economy slows down, so do sales. Unfortunately, most sales people slow down too. Sales people, like the masses, become a product of the environment. Nonetheless, what do most organizations do when the economy heads south? They cut costs, typically in the wrong areas such as training, sales conferences, coaching and sale personnel. Sales motivation does not exist. They create an environment of uncertainty as well as contributing to and supporting the downfall of the economy. Somewhere along the way the corporate world must understand that the economic world revolves around sales. There won't be any transactions without...
The Impact of the "Credit Crunch" on Legal Recruitment
"The Lawyer" today reported that the credit crunch does not seem to have had an effect on law firm's trainee retention rates. In fact, the retention rates are reported to have had a 7% increase, with more than three-quarters of law firms keeping on more trainee solicitors than last year. At first glance these figures may seem like a surprise, but could this actually be a strategic move by law firms to safeguard their future, and what implications does this present for legal recruitment? With many trainee Solicitors due to qualify this September, this announcement is sure to be welcomed with open arms, but perhaps not to legal recruitment agencies that thrive on a good staff turnover within law firms...
Advantages of Working For a Temp Agency
Job hunting is hard work, so anything that makes it just a little easier is a very good thing. Temp agencies can be the ideal way to make everything easier as you set about looking for more work. The advantages are numerous, but too many people avoid temp agencies because they aren't really sure of how to use them or they think they don't need help looking for work. So, why would you join a temp agency if you can seek out jobs on your own? Let's take a look at the many advantages of working for one of these agencies. Wider audience. While you can certainly find your own job opportunities on job boards like Monster, or in the local papers, the number of potential positions you can try for is limited...
What To Remember When Dealing With Recruitment Agencies
I recently received an email from an IT contractor friend of mine, Alex, asking for advice on the tricks of the trade when dealing with recruitment agencies. Alex told me he finds it annoying that he never gets answer regarding whether he has been successful on jobs consultants put him forward to, and why they are always his best friend when they call him, but he gets a completely opposite approach when he calls them. He wanted to know the best way to get agencies to regularly update him and call him. This was my reply... Dear Alex, Thanks for the email. There is no sure way of dealing with a particular agency as there are varying levels of service in every type of industry, good and bad. Maybe you...
Telemarketing and Telesales: The Secret Weapon
Many companies laugh off the idea of using inside sales or telemarketing professionals in order to generate leads or close business over the phone. Yet the biggest companies and the best in class firms across just about every industry are using that as part of their arsenal in order to accelerate their sales and drive their growth. It's a lot more efficient to deploy inside sales people and telemarketing professionals than it is to use outside field sales professionals for the same function. Often, there's a big gap between marketing and lead generation programs and field sales people that can only be filled by inside sales or telemarketing professionals. Companies use telesales &...
Best Practices of Job Offer Negotiation
The overall goal is obvious in a job search, get an offer you want. Some are looking for just that, a offer. Others are committed to finding the job they want; the job that is best for their career. Either way it takes the right process in order to achieve the objective. Today's hiring environment seems to most to be one that makes it more challenging than ever. We have discussed some of the specific conditions that have created that environment. Completing the process of a successful job search is how to gain the offer for the desired opportunity. Knowing what to do once an offer is accepted and starting the new position with the new employer is of equal importance. The key points are...
Volunteer management is about making a wonderful first impression on your new volunteers as an integral part of your volunteer recruitment plan. The First Four Minutes In those vital first four minutes of meeting someone we actually gain a first impression that can last for a lifetime. So when a person has decided to join up, what are their first impressions of you and your organization? You only have one chance to make a great impression. So here is 10 quick tips on the power of a great first impression for new volunteers. 1. The Importance Of First Impressions First impressions can make or break the volunteering experience. Make no mistake - the first few contact days are crucial for a new...
How to Discuss a Past Downsizing During an Interview
The key to successful interviewing is being prepared. Certain questions are considered "standard", yet few people think about their responses ahead of time. When candidates are unprepared, their answers may showcase emotions that are valid, but could be damaging to reveal during an interview. One of the most common interview questions is "Why are you currently in a job search?" When you have been downsized and you need to communicate your situation to a hiring manager, your response should combine a positive reflection regarding your previous employer with a brief discussion of the business reasons why you are no longer employed by them. Below are five strategies for crafting an effective statement...
Gulf Coast Western Fraud
div align="center"> Gulf Coast Western Complaints, Fraud and Scams related to goods manufacturing states around the globe are decreasing as shown by recent studies. Especially Western Gulf States which account for approximately 40% of the worldwide production have improved their processesthat have led to a massive drop in complaints for most Gulf Coast Western states. However, it is yet to be ascertained how the governments will respond to these alleged complaints. A large number of the Gulf Coast States are now considering implementing further steps to curb/curtail any future issues that might arise/come up and result in complaints or scams. Commodity production as an industry is plagued by...
Thank you letters are an excellent self-marketing tool and a critical component of your job search strategy. The time spent crafting a targeted thank you letter after an interview will be well spent and can contribute to a more credible and efficient search. Below are five reasons to incorporate thank you letters into your search strategy. A thank you letter creates an opportunity to reconnect with employers. Chances are you are one of many candidates being interviewed for an open position. Writing a follow up letter allows you to build a relationship with the interviewer and develop rapport. By expressing your gratitude for the interview and recapping the highlights of the meeting, you revisit the...
Benefits of a Contact Management System
The Popularity of Contact Management In today’s business environment, contact management programs, techniques, and software are all the rage. This is due to the fact that the popularity and success of contact management has become more and more apparent throughout the past twenty years. As business professionals turn increasingly savvier, contact management will no doubt become a necessity to get ahead in the global marketplace. Why Contact Management Isn’t Practiced by All Firms However, many executives and their staffs still eschew the concept of contact management; perhaps they had a bad experience with contact management in the past, or maybe they simply don’t understand what contact...
Sales Incentive Compensation
Many companies struggle to put together incentive programs that truly focus their sales team on producing superior results without getting them into financial difficulties. Sales commission programs, bonuses and other recognition programs are a very difficult topic because oftentimes, the conditions under which incentives were originally set change over time. It's very important that if you're going to develop an incentive program for your sales people that you make it subject to change on a regular basis. Why? Because your business conditions change and the parameters around which you want to incentivize your people will change as a result. Sales commissions, bonuses and other forms of...
Telemarketing Vendors Can't Compete With Internal Operations
Lots of companies look to outsource their lead generation to telemarketing vendors that provide turnkey services for calling into prospect accounts and qualifying leads. In fact, our own company has experience providing these services to clients. I'm here to tell you today that this process of outsourcing your telemarketing to a tele-services firm probably is not a very efficient or cost effective way to do business in today's day and age. Why? Well, it's been proven that telesales and telemarketing is a strategic part of most companies' competitive arsenal today. Companies that outsource telemarketing or telesales typically pay a much higher price per lead and gain a lot lower lead intake, than...
Outsourcing Sales & Marketing: When Does It Work?
The Age of Outsourcing and Sales and Marketing. Today, now more than ever, companies need to go outside to find partners, consultants, inter-management solutions, and service providers who can help them to cover the range of their needs of sales and marketing. As new rules have been invented regarding lead generation, the internet, and more complexity has come into the sales and business development and marketing model of most companies, it's very difficult for you to keep up with all of the skill sets that are required in order to be on the top of your company's game and maintain best practices across all of those functional areas. So, companies are looking increasingly to bring in outsourced...
How To Optimize Sales Channel Selection
So many companies sign up third party resellers and distributors and system integrators and OEMs without giving proper rigorous attention to the process that's required in order to define the selection criteria, find adequate channel partners, and actually go through a process of due diligence in order to screen them, select them, and bring them onboard. A well developed channel selection process, a reseller selection process, looks a lot like a very rigorous process for hiring and acquiring members of your senior management team or your key employees in sales and marketing. It starts by defining very clearly which markets you're after, which segments you want to reach, what types of customers you...
Linking Performance to Company Values
Intel corporate values include risk taking, discipline, and results orientation. These are exactly the values one would expect of a company whose primary strategy is one of product leadership. Without these specific company values the product leadership strategy would surely fail. In firms where the values and the strategy are tested daily it requires management oversight to ensure that they remain aligned. Company values, published or not, exist and are used everyday by employees in making decisions on behalf of the company. Well chosen values suggest priorities that guide employees through right versus wrong choices. Simple values that retain a position in top of mind during a hectic day are best...
Essential To Convert Leads Into Sales
Convert Leads Into Sales. Why is it that so many sales people fail to follow up on sales leads that are handed off to them by the marketing department? It never ceases to amaze me how often I hear the same complaint from sales managers and from marketing managers who are working hard to drive new opportunities in the door. Part of the issue with sales people and their lack of willingness to follow up on sales leads is many sales people have large egos and believe that anything that has been brought to them by others is probably not very good. They have this, "I'm the king of my territory" mindset, which translates into them thinking that if they haven't created an opportunity for the company, it...
The Importance of Corporate Strategy
Let's talk about strategy. A lot of companies that we work with spend too much time focusing on tactics and execution and not enough time really determining what their overall strategy is as a business and the impact on spending enough time at the strategic level can really have an stunting impact on a company's overall ability to accelerate its sales, gain market leadership, and really power up its revenue growth. A lot of CEO's get bored when it comes to spending time on strategy and they view strategic work as being theoretical or hypothetical exercise that doesn't add a lot of value to a company. But when you look a little bit more deeply, companies that execute really well usually start by...
Telesales Success: Begin with the End in Mind
You may remember the following excerpt from Steven Covey's book 7 Habits of Highly Effective People: "Clients often ask me, 'how can we get our inside sales team to talk to more prospects?' Sure...threats, begging, yelling, low level torture, coercion, and brut force entice reps to make more calls as long as the manager is there with his whip, but productivity plunges when the manager isn't around. I believe the motivation to expose yourself to rejection multiple times per day has to come from within." For salespeople with the potential to be motivated "from within", I have used the following exercise that beings with these two questions: What do you want to earn in the next year? How much do you...
Managing Your Career in a Difficult Economy
The sobering developments at Lehman Brothers, Merrill Lynch, Washington Mutual, Wachovia, AIG, and UBS have served as a catalyst for many to examine their current work situations and future career management strategies. Here's some food for thought as we navigate through these difficult times. 1. Make sure you have electronic copies of your previous performance reviews, letters of recommendation, and non-proprietary samples of your work. These documents will prove invaluable when you update your resume and other personal marketing collateral. The input from your supervisors and clients can help you build an accomplishment-focused resume with a clear value proposition. 2. Audit your online identity...
Sales Cycle Reduction Equals Sales Acceleration
Sales Cycle Reduction Equals Sales Acceleration. What would it be like if you could reduce the time it takes you to close orders from new customers by 10, 20, or 30%? Think about how a reduction in your sales cycle could lead to rapid improvement of your sales results and your revenue generation. Many companies neglect to take time to analyze their sales cycle and look at ways to reduce it...which can be done by more clearly defining their sales process and looking for areas to eliminate lengthy steps or delays. Best in class companies are constantly analyzing their sales cycle and their sales process to look for areas of duplication of effort, missing links in the hand off between marketing...
Navigating Your Performance Review With LMS Training
Annual performance review time is often an unpleasant and dreaded date on the calendar. Why is this the case? Oftentimes, it has to do with training. If you know your annual performance review is approaching, it might be a good time to review your LMS training experience with your employer, point out any extra courses you've taken to enhance your professional skills, or discuss plans to enroll in outside training courses. After all, a performance review is meant to provide a space not only for your manager to give you feedback on your performance, but for you to reflect on the year of work and get to the root of the reasons you might not be working to the best of your ability. Your manager will...
Don't Outsource Inside Sales
Insource it! There are lots of companies out there offering outsourced telesales and lead generation on a pay per lead basis. Indeed, our own experience in the past in having performed those sorts of services for clients shows that there's a large demand for that service. A better way is to bring that function inside your company where you can more tightly manage and control it. Why is this? Inside sales and lead generation are a strategic part of any successful company's sales and marketing arsenal and cannot be efficiently and cost effectively outsourced in today's environment. The nuances of your customers' changing needs, your value proposition, the features and benefits of your products...
How To Stop Sales Lead Leakage
Most companies have the classic problem of spending money on the marketing side of the fence in order to generate leads only to see that those leads are not followed up effectively by the sales team. This classic leakage of leads to unnecessary expense and definitely inhibits a company's ability to accelerate its sales. If your company is experiencing this problem there is a solution, it's quite easy for you to reengineer your marketing and sales process and connect the dots so that you don't have any discontinuity between the functions that are generating leads and those who are supposed to follow up on them. Here are a couple of quick ideas on how you can stop the leakage of sales leads in your...
The Dark Side of Management: People are Selfish and Greedy
Remember why you came to work today? Was it because you wanted to get started on making your company the best and most highly respected in the nation or the world? Probably not. You came to work today in order to make money to pay the bills and hope that there is a little left over to spend on yourself. You don't really care if the company makes a profit, you really only care if YOU make a profit. Will I have more income than expenses this week? Will I be able to take a vacation? Can I afford to go out to diner tonight rather than having to eat at home in front of the television? Don't be ashamed. Selfishness and greed are two very powerful emotions that if harnessed properly can be both self...
Elements Of A Successful Sales Performance Management System
The components of a successful sales performance management system include first of all having well defined revenue plans and revenue and margin objectives. Often times, this includes having bookings objectives for your individual sales people. Having well defined sales territories relating to those targets. And of course, having a strong, well documented plan, in terms of who your target markets and customers are within your territories. In addition to having a revenue plan, other components of the sales performance management system include a job description that is expectation based where the outcomes are clearly defined are very important in terms of overall requirements for success in the job...
Sales Opportunity Management: The Key To A Sales Turnaround
Does your company need a sales turnaround? As we enter the new year, it's a great time for us to take a fresh look at our sales performance in our companies and take action to turn around those aspects that we're not satisfied with or which are lagging behind our expectations. Putting together a sales turnaround plan for your company can be done fairly quickly and fairly easily. The first thing is to pull together key opinion leaders in the company, not just from sales and marketing, but are from outside and other departments, such as finance, operations, product development, etc. and to ask yourself, "What is it that we can do to improve our sales? How can we rally the whole company around...