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OK, Salespeople Can’t Find Enough Prospects. Now What?

The economic sea change we have all been going through makes companies pay attention to their sales process.

One company president I spoke with yesterday said his revenue shrank 25% in December (compared with the same month last year). Companies affected by the financial crisis (like housing, oil, or automotive) are trying to survive. They are worried whether their customers even have enough money to pay for things any longer.

Hopefully, your business can find enough customers to stay alive. Will your marketers find them? Can your salespeople find them? Will they be found fast enough?

The Unintended Consequences of Asking Salespeople To Try Harder

When “business as usual” is threatened by low sales numbers it is normal for companies to ask their salespeople to try harder. And, generally speaking, salespeople do exactly that. They make more calls, looking for more deals to put into the sales funnel. They conduct more demonstrations. They make more proposals. If the sales process […]

Production Control for Sales and Marketing

Years ago I took a job selling manufacturing resource planning (MRP) software to small and medium sized manufacturers. Predecessors to today’s enterprise software, these systems had powerful impacts on businesses that installed them. I got my education in these matters from APICS (the American Production and Inventory Control Society), and ultimately I was even elected […]

SPIF! Benefiting Your Company and Your Customer Simultaneously

Years ago, I was a first-line sales manager at a business forms company. One January, my district manager presented the new company strategy. He excitedly explained the new slogan for the year, and described a different type of ideal prospect we should start looking for in our prospecting. There were some new product announcements. Then, he announced a sales contest with some pricey prizes if we exceeded quota, like gold watches, ski-mobiles, and expensive vacations.

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