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quota Tagged Articles
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100 Ways to Succeed #92
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| Got Your Dreamer Quota Aboard? |
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COACHING FEEDBACK FOR MANAGERS
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| Feedback is often regarded as the most difficult part of a manager’s job. However, in a coaching culture, negative feedback is experienced in a positive way, as an opportunity for making new discoveries rather than blame. In this article we will look at four areas of feedback: Positive feedback, Negative feedback, Receiving feedback, Coaching feedback. |
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1st of the 10 Kurlan Sales Competencies that are Key to Building a Sales Culture
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| #1 - IT'S NOT ABOUT YOU!
Believe it or not, there are a lot of people in sales who mistakenly believe that the world revolves around them. If my previous sentence said "show business" instead of "sales" it would make sense but this isn't show business. |
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How to have successful Home based Business?
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| Starting a home based business is not a joke. It takes real hard work and the right mental attitude. Sometimes, even these are not sufficient to manage risks. Above all, you must have the legitimate home based business. |
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"Closing the Sale"
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| "The great ones in selling, today, are more concerned about you, the buyer, then they are in themselves and "making the sale". |
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Working At Home Gives The Freedom To Wreck Your Business
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| Veteran work at home professionals have a lot of valuable experience to impart on making working from home an effective and productive way to earn a living. There are lots of benefits - being able to work in your bathrobe, and deciding on taking a nap in the middle of the afternoon are just two of them, and they aren't even covering the benefits on your taxes. |
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Why a Top Sales Manager Must Always "Tune Into the Right Frequency"
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| It's definitely clichéd, but I think this is one of the most critical elements to successful sales management and that is to make sure you are tuned into the right radio frequency with your salespeople.
There's only one radio station that your sales executives like to listen to and that radio station is: WIFM. (You might say WIIFM, but let's not get too technical here...).
This is the "What's-In-It-For-Me" radio frequency. This is the only station they pay any attention to and if you're not broadcasting on it all the time, 24-7, then your sales reps are gonna switch you over to some other station on XM or Sirius radio...or worse yet, turn off the radio completely!
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What we Think About Sales Motivation is All Wrong
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| The bottom line - for your salespeople - is that everyone is different; everyone is motivated by different things and for those who are clearly motivated by money, and where you have a clear goal and focus for them, their compensation should and must be commission based. When you have people who are motivated more by recognition, awards, competition, time-off, public service, or philanthropy, your compensation program should be flexible enough to compensate them in an appropriate manner too. |
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Why A Top Sales Manager Needs To Be On All His Reps’ “Pre-sets”
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| You have to be more popular than Howard Stern.
You also have to be cooler than Opie and Anthony too.
Why? Because one of the most critical elements to successful sales management is to always make sure you are tuned into the radio frequency of your salespeople.
Here's why. There's only one radio station that your sales executives like to listen to and that radio station is: WIFM. (You might say WIIFM, but let's not get too technical here...).
This is the "What's-In-It-For-Me" radio frequency. This is the only station they pay any attention to and if you're not broadcasting on it all the time, 24-7, then your sales reps are gonna switch you over to some other station on XM or Sirius radio...or worse yet, turn off the radio completely!
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Sales Management Training Tips: Coaching the Talented-Slacker
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| Meet Jane.
Jane is an experienced and successful district sales manager who could work in any industry and for any company. In fact, there are many Jane’s in all companies. Jane is performance driven, a very good coach and a people person. Each month Jane is put to the test with different sales reps she must coach to success.
IBZ is a mid sized technology company. The company has had some tough years but has turned the corner. It pays it’s reps a combination of salary and bonus for achievement of targets. This year the bonus plans has a super bonus portion which accelerates when a rep is 5% over quota.
Jane wants to get 2009 off to a great start. In one of our monthly coaching sessions Jane, was expressing her frustrations with one of her most tenured sales reps.
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Sales Simplified -"When it Comes to Objections..."
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| Most of the time an objection is nothing more than an opportunity to discover more specifics about what the customer does want; a chance to learn what we may have missed in our discovery in order to present a solution or offer to them. |
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How to Beat a Sales Slump
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| Have you ever experienced the dreaded downward curve or slump in your sales? Most of us certainly have. If you’ve been through it, you probably have a clear recollection of that lump in your throat, adrenaline-pumping moment when you realize that you need to scramble if you’re going to make your sales goal or quota. The feeling can be overwhelming and can set even the most seasoned salesperson into panic mode. |
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Think and Prepare for the Future with Strategic Planning
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| Great leaders understand that the thought and planning process is critical to long term sustainability, future business growth and achievement of goals. In the big picture, this is more important than day to day operations and activities read on to learn more... |
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Leading a healthy sales career
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| It is well documented that being healthy (physically, emotionally, and mentally) is vital to leading an effective and productive life.
In sales, your health is a critical factor to your success. Many highly successful sales people I meet are self disciplined in all aspects of their life ensuring they are fit, healthy and well trained in their profession.
Having a healthy sales career is underpinned by the individuals healthy life style, and a well managed business which includes good sales support, clear goals and leadership. |
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What Are Your Real Sales Goals for 2011?
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| What do your sales goals for the coming year look like? The most successful sellers usually have two numbers in mind: their quota, which is their piece of the company’s yearly revenue target, and then another higher number that represents what they need to sell to achieve their own personal goals. |
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Sales Assessment Says He's Weak but He Made President's Club
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| Yesterday a well meaning Sales Manager, in defense of his salesperson, asked me how a salesperson who made "Club" could possibly assess so poorly. It's a great question with a dozen or more possible explanations. Here are some: |
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How Many Salespeople Made Quota in 2010?
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| According to CSO Insights, an all time high percentage of salespeople hit their quota in 2010. What does this mean? |
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8 Steps to Reach Your Sales Goals
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| The end of one year and beginning of a new one is a great opportunity to examine your successes from the previous year, determine what you want to replicate, what you want to change and then set some goals for the new one.
Because setting attainable sales goals can be a lot trickier, and more stressful, then people tend to think, I'd like to offer a step-by-step guide to help you set and reach your yearly target.
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Taking Your Career to the Next Level
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| The voice on the other end of the phone echoed with anxious desperation familiar to any sales pro struggling to make quota.
" I´ve just got to get my career to the next level," she sighed.
"What level do you want to reach?" I asked. "Do you know the level you´re stuck at now?"
"I could tell you how my manager describes my current production level," she answered, "but it wouldn´t be very lady-like."
For this sales pro, like many others, getting to the next level is merely a figure of speech. It´s slang for improving sales figures, breaking through one´s current production plateau. She probably won´t attain next level until and unless she knows what the levels of selling are and the impact they have on personal sales productivity |
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Getting Deals Closed - End of Quarter Sales Gone Mad
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| Do you experience, "it"? The rush, the craziness, the madness that weeks 11-13 at the end of a quarter bring to a sales force? There's a way to stop it. |
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Mars and Venus – Part V. Buyers and Sellers Want to Close the Sale for Different Reasons.
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| Do you remember that last significant sale you made? Do you remember the buzz you felt from the exhilaration of closing? So what did your buyer feel at that stage? Do you know precisely why they felt the way they did? If you can not tell me for certainty, the real reason they finally made the decision to purchase, then maybe this article could help you close significantly more sales. |
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Mars and Venus Part I. Sales people are from Mars, Buyers are from Venus - Introduction
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| Many of you are probably familiar with John Gray's famous relationship book, "Men are from Mars, Women are from Venus". In his book, he talks about how to overcome the different way men and women think and indeed often act. Buyers and sellers also have different viewpoints, and not knowing how your audience makes decisions can be disastrous.
This series of articles, will take you inside the mind of buyers, to help you fulfil their needs, to create successful commercial relationships. Buyers, like sales people, are also focused on WIIFM, What's in it for me. |
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Do You Have the Right Stuff to Partner with Microsoft HP or IBM
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| Partnering with technology leaders like Microsoft, HP or IBM takes a huge commitment and a lot of effort to get off the ground. Before you start to engage, you need undertsand what these companies reqiure from all their partners. It will save you time and allow you to make the most of your partnership investment. |
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Using the Right SMB Sales Approach
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| The sales approach to employ in the SMB accounts depends upon a number of factors, such as the culture of your organization, the offerings you sell, and what the customer needs from you in the sales process. Knowing when to use a solution sales approach versus a consultative sales approach is a dilemma that confronts many sellers and directly impacts your odds of success.
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Closing - No Tricks Required
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| So you are hoping for a magic trick to closing? Wouldn't it be so much easier if we could just utter a special phrase that would make our prospects suddenly forget the competition, forget the hard-to-calculate return on investment requirements, and magically say "yes, let's do it"?
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Manage Your Salespeople by Working Smart, Negotiate Quotas
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| How do you get your salespeople to "buy-in" to keeping good records of what they do every day? Sit down one-on-one, and negotiate their annual quotas with them. Help them translate their annual quota into their individual daily behavior. For example, a $5 million annual quota might equal three New Dials, one New Appointment, two Futures, one Referral Received and two Customer Visits every day. Don't forget to have them either write in or phone in their daily behavior numbers to post on the community "behavior board" for all to see. Look for more unconventional management tips in a future Today's Sales Meeting Minute.
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Six Keys to Success's Door
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| That's a pretty accurate description of how most sales reps enter the marketplace. They understand their title and their assignment, but nobody ever tells them how to fulfill their responsibilities. What is needed are tangible sales tips and techniques that can help them unlock the door to success.
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IF IT WERE EASY, EVERYONE WOULD BE PROSPEROUS...
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| DON’T FORGET THE BASIC RULES. |
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Sales Productivity is All About Outcomes (so why focus on inputs?)
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| Selling business-to-business is all about outcomes (sell enough, and your commission will increase). Yet many companies looking to improve their results focus, today, on improving their inputs. B2B sales productivity requires a focus from beginning to end on outcomes. Sales efforts aren't productive if they don't yield sales and get prospects to progress towards sales. Proof of sales is dead easy. Proof of the latter is much harder. It's commonly based on what Rep have done and their impressions of their prospects' interests. Give Reps better, more precise, data on their prospects' interests, and help Reps (using this data) invest their efforts wisely, and their productivity will improve. Sales cycles will shrink. We've proven it. |
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Questions Every CEO Should Be Asking His Sales Managers
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| High impact sales questions for CEOs |
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Salespeople Aren't Made of Glass
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| This article shows what you'll see inside your salespeople if you could see their DNA. |
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The Role Of The Sales Manager
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| The Sales Manager's role is to develop a highly skilled and productive sales force.
In the end, nothing else will matter.
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Five Myths that Slow Down Sales and How to Avoid Them
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| Time is money, yeah, yeah, we’ve heard that before. But if time really is money, why do so many professionals squander it chasing anyone with a pulse, including their most horrible prospects? Because they still embrace one of the Five Myths of selling, common mistakes that drain profit and energy from a sales organization. Read on…
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How to find your next customer
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| Every sales person, no matter how successful, has this basic problem of whom to sell to each month. Anyone whoever worked in sales knows how one month you can be the best sales person in the company and then the calendar turns to a new month and you are starting from zero again. |
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Coach, Don't Tell
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| The best managers are the ones who help others discover the lessons for themselves. The "lousy" ones not only tell, but they yell. . . |
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IS IT MARKETING OR IS IT SELLING
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| When you’re working from home, running your own small business, it is vital to understand the difference between marketing and selling. I found this out when I hired a woman to help me make sales in my workshop business. She was bright, fun, and energetic and I was very optimistic about her being able to enroll additional people for my Financial Stress Reduction Workshops.. |
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14 Characteristics of Top-Flight Salespeople
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| The Difference between The Best And The Also-Rans…
As a consultant and trainer in sales and the sales process, I’m often asked the question, “What makes a top-performing salesperson?”
As with most things in life, the answer can be summarised in just two words, Attitude and Activity.
Attitude determines the difference between the best and the rest. The best don’t necessarily know more, they just do more and do it better and more frequently.
Activity is the manifestation of their desire to succeed.
Combined, they become Actitude - activity conducted with a positive attitude.
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A Radical New Approach for Setting Sales Goals and Achieving Outrageous Results!
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| This article will challenge you to look at your goals in an entirely new way. Beware, reading this could turn your world upside down and could take you to an entire new level of results if you let it... |
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Little Gold Book of YES Attitude by Jeffrey Gitomer
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| Jeffrey Gitomer’s self-help book delivers motivational strategies for entrepreneurs and business professionals. Rating: 4/5 |
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The Latest Astonishing Findings About Sales Managers
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| 83% of all first year sales managers don't make their numbers. How can we explain something like that? |
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Leaders are Always on Stage
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| As a leader you must never forget that you are the boss. You have power, and your decisions impact the lives and careers of the people on your team. Because you are the boss your people watch and analyze your every move-looking for meaning and clues to what you are thinking. What is most important to understand is that your people place meaning on your behaviors based on their own unique perspective. |
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The Changing Face of Sales
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| Over the past few years the sales environment has changed in a number of ways. The reasons are vast but typically relate to the changes in our society, economy, business models, technology and more. When it comes right down to the actual selling environment, there are a few distinct attributes that stand out today that didn’t seem to be as noticeable, or even a factor, just five or six years ago. The key for all sales organizations and individual sales professionals alike is to understand and adapt to these changes. Few organizations today still live through the experience of the ‘90s where prospects would actually call them and buy something without having to work hard at finding and acquiring these leads. Back then, even poor sales performance was rewarded with revenue and quota achievement, in spite of a lack of skills and hard work. |
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Three big challenges every executive struggles with to meet targets and how you can solve them
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| As a VP of sales, you’re constantly on the lookout for that winning edge to help you and your organization consistently achieve and even surpass your revenue targets.
Success in sales is everything. Among executives, it is the most important thing that we are all measured on.
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Other quota Related Articles
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Team Selling - There’s no “I” in Team, but there’s a “ME” in there!
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| When you sell, remember that you probably have a team behind you helping to support your efforts. Even though they may get paid the same salary every week even if you lose a sale and don't make your quota, you need your team to succeed. Don't forget, you also make the big bucks when you exceed your quota, and they don't. So you need your team, win or lose. |
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100 Ways to Succeed #92
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| Got Your Dreamer Quota Aboard? |
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Are You Dressing for Success or a Slave to Fashion?
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| Ten questions to help you evaluate your visual success quota. |
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Attack Yourself
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| You just closed the biggest deal of your career, you blew away your quota, you made the president’s club, you were named sales rep of the year. You just crossed the finish line first . You raised your hands, pumped your fists, and celebrated. You are a winner! |
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Manage Your Salespeople by Working Smart, Negotiate Quotas
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| How do you get your salespeople to "buy-in" to keeping good records of what they do every day? Sit down one-on-one, and negotiate their annual quotas with them. Help them translate their annual quota into their individual daily behavior. For example, a $5 million annual quota might equal three New Dials, one New Appointment, two Futures, one Referral Received and two Customer Visits every day. Don't forget to have them either write in or phone in their daily behavior numbers to post on the community "behavior board" for all to see. Look for more unconventional management tips in a future Today's Sales Meeting Minute.
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How Many Salespeople Made Quota in 2010?
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| According to CSO Insights, an all time high percentage of salespeople hit their quota in 2010. What does this mean? |
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Conclusions from the study: Sales Speaks - Perceptions and Ponderings on Marketing Leads
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| Over the last four years, sales quotas increased 33%, while quota achievement dropped by 25%. Only 50% of salesreps made quota in 2010 and in 42% of companies, fewer than 1/2 made quota. This is why the role of demand generation is growing by leaps and bounds. |
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Performance Planning 2.0: 4 Steps to Turn Around Under-Performers
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| According to CSO Insights data, fewer reps are achieving quota (2010: just 6 out of 10 made quota), yet quotas, on average, are going up (95% of companies plan to raise quotas in 2011!). Can you really grow sales by fiat? |
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What is a Seller\'s Priority?
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| As a seller, what's your job? Are you working to close a sale? Feed your family? Continue living in the style you're accustomed to? Be the best? Make a name for yourself? Keep your job? Meet your quota? Your ego? |
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Is Your Sales Team Growing or Just Comfortable?
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| How often have you heard a salesperson rationalize his or her shortcomings by externalizing the source of the problem?
"I can't meet quota because our prices are too high," or "there is so much competition," or "we need more advertising," or "I don't have enough time."
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