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The Center for Sales Strategy Blog

Fail to Plan, Plan to Fail

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As we dive into fourth quarter, life starts to pick up the pace from lazy summer days to hectic school and work days. Traffic is heavier, vacations are over and the hustle and bustle of the holidays starts to take shape. Before you realize, it’s a new year (with new budgets!). Avoid being caught come January 2nd and make a plan now to set yourself up for success in the coming year. As Benjamin Franklin so famously stated, “If You Fail to Plan, You Plan to Fail.”  There is so much truth to this statement. 

Topics: goals

The Importance of a Hot Button

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I recently had a coaching assignment with a highly ambitious salesperson. This person wasn’t prospecting for new business as often or as much as her manager would like. I’d had a few calls with her and given her a few assignments to complete between our calls in the prospecting part of the sales process. Her performance for me (and for her manager) continued to be lackluster. I've done a lot of individualized coaching over the years. Because of the talent interviews my company does, I am privy to the innate talents of everyone I coach. Often times my coaching assignments are to get people to do something they are not currently doing. Prospecting is often at the top of the list. 

Topics: sales performance Sales

How to Succeed in Sales as an Introvert + More

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We hope you've had a great week! It's Friday, and today we're sharing what we've been reading online this week! Here are our "best" from around the web.

 — Salesforce

The stereotype of a sales rep is an effervescent extrovert who charms people into buying anything at any price. But if you are an introvert, take heart. You can do it, and do it just as well as your extroverted competitors. This article, written by a successful introverted salesperson, shares a few strategies and techniques to help.

Topics: Inbound Marketing Sales Wrap-up

The High Cost of Turnover [Infographic]

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Turnover is a costly problem for sales organizations. On average, companies experience a 17.8% turnover each year, and the average cost to replace an employee is 1.5 - double the employee's annual salary. (And it's even higher for high-level employees like managers and those with specialized skills.)

Take a look at the high cost of turnover in the infographic below. What you find may surprise you!

Topics: hiring salespeople

Feedback: Your Most Powerful Sales Development Tool

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Feedback. It’s powerful, right? The people who work for us crave it. You like to get it from your boss. Studies show that employees who receive regular feedback (as opposed to intermittent or no feedback) are TEN times more engaged. Yet most managers don’t provide consistent feedback to their direct reports about their skills and achievements. In fact, in most business scenarios feedback is mostly confined to infrequent, formal reviews or budget attainment numbers generated by a computer.

Topics: sales performance Sales

Are You a Salesperson or a Business Person?

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There are so many areas in life where balance is important. I believe a political view too far to the right or too far to the left is not healthy, and a workout routine that is exclusively power lifting will not make you as healthy as a more diverse exercise routine.  

This is true in the sales profession as well. Great salespeople are generally hard workers and focused on the job at hand. But if you spend all your time focused on selling and not on understanding the greater business climate, you will not be as effective in your selling or as helpful to your clients.

Topics: successful sales meetings Sales

5 Effective Ways to Stop Interrupting + More

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We hope you've had a great week! It's Friday, and today we're sharing what we've been reading online this week! Here are our "best" from around the web.

15 Effective Ways to Stop Interrupting — HubSpot

Interrupting will hurt you no matter what you do, but it’s especially detrimental in sales. Your success depends on positive interactions with prospects. You need to earn their trust and respect, as well as elicit key information from them. Here are five tips to help you.

Topics: Inbound Marketing Sales Wrap-up

Become a Sales Scout!

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Do you love baseball? I do. As this season winds down and teams head to the playoffs, I am already thinking of next spring and the first pitch. I always wait with anticipation to see how the team will perform every year. Will we have a winning season and make the playoffs in the fall? Do we have the right players to be a winning team?

Topics: Sales

Sales Manager Gut Check

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As a student of Florida State University in the 90’s, I fell in love with the sport of football. It has been great to see my alma mater be relevant again in the world of college football, but I have always been a fan of the sport—whether it is college, professional, or even just well-done football movies. One theme that flows through all football successes is strong leadership, talented players, and a vision/philosophy that every person must believe in, to be a part of the team. 

Topics: Sales

A Few Simple Probes Can Prevent You From Missing Critical Information

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As a sales manager and a sales consultant, I have witnessed literally thousands of sales calls with competent and hard-working salespeople—professionals who have done their homework on the prospect, prepared thought-provoking questions that make it obvious they know something about the prospect’s business, and who pose questions with a genuine interest in hearing the answers. Sometimes it is magical and they help the prospect clarify a specific problem that needs to be addressed or an opportunity on which they would really like to capitalize. And, sometimes, all they do is get their questions answered and move on. Too bad. 

What makes the difference between an interactive conversation that engages the prospect and one that is rote and turns into simply an information-gathering exercise? Follow up questions. Good follow up questions are never scripted. Good follow up questions show you were listening, that you are interested, and that you really need to learn more about the headline the prospect has just shared. Some simple open probes can reveal a lot of context and detail you need to know about a problem or opportunity—information you will probably never get if you simply move on to your next beautifully-crafted question. For example:

  •  That’s interesting. Tell me why you say that.
  • What do you mean by that? 
  • Really? Tell me more about that.
Topics: successful sales meetings Sales