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The Center for Sales Strategy Blog

The Trap in Focusing on a Slow-Selling Line

the-trap-in-focusing-on-a-slow-selling-lineEvery sales organization has a product or a service—or an entire product line or category—whose revenue they’re not quite happy with. Management then proceeds to focus on it, to direct extra effort to increasing revenue related to that relatively weak item or category. Make sure you mention those widgets to every client and prospect, they’ll advise. Be certain at least one frammus is a part of every proposal, they’ll demand. Tweet to everyone you know about our skyhook service, they’ll request. Management will, of course, start closely measuring all activity and results related to sales of this particular product, publishing and distributing those metrics widely and frequently throughout the organization.

They’ll move the needle. Revenue will tick up, but usually by less than what they hoped, less than what they projected. Reasons for the disappointment are often plenty, but one will remain undiagnosed, and thus it will be repeated again and again.

Topics: Sales

Weekly Wrap Up: What We Wrote, and What We Read: Sept 22-25

What a great week in the blog world! There are some great gems from our writers here, and wonderful news from around the web. Read on!

The Center for Sales Strategy Weekly Wrap-Up

  • Monday, Mindy Murphy asked if it was possible to have too much work intensity, and gave us reasons why she thinks it is.

Sept26

 

Topics: Digital Inbound Marketing Sales

What Do Recruitment and Selection Have to do With Shoe Shopping?

What_Do_Recruitment_and_Selection_Have_to_do_With_Shoe_ShoppingThose who know me well know I adore hunting… for shoes, that is. I absolutely love pursuing the perfect pair of shoes. But I know that finding the right shoes doesn’t “just happen.” It is the result of continuous and constant effort, of skill and dedication. I invest time shopping. I scour fashion magazines and rip out pictures of pairs I like. I look at shoes online and sometimes save them in my “basket.” I prowl and stalk the shoe departments of my favorite stores like a quiet lion might pursue its prey. I admire them from a distance, I court them, I negotiate price, I wait for special deals and eventually, when the time is just right… I go for it and make them mine.

Shoe Shopping is Like Recruitment 

I see a very big difference and a very clear division between shoe “shopping” and shoe “purchasing.” They are two very distinct activities in my mind… one is always happening the other happens occasionally. The same is true for Recruitment and Selection. Most speeches, books, and articles on this subject lump them together, as if “Recruitment-and-Selection” is a single process.  That’s a mistake. They are two very different activities.

Shoe Purchasing is Like Selection

Sales managers who are most effective also think of Recruitment and Selection as separate activities. Recruitment is something they focus on all the time (just like I am shoe-shopping all the time). Selection happens only once in a while, when the manager has a job opening. When they are thought of as one process, not two, both suffer and hiring mistakes follow.

Every Manager Should Use an Individualized Management Questionnaire

 

Why_Every_Manager_Should_Use_an_Individualized_Management_QuestionnaireA year ago, I wrote about my youngest daughter's first day at school. I felt her teacher did a remarkable thing by offering the class an opportunity to complete a series of questions allowing her to discover how her students would best learn. The teacher was able to identify potential strengths as well as potential weaknesses within each student, much like what a manager might do to discover sales talent using a sales talent screener.

The teacher did this using animal analogies and my daughter discovered she was an otter... a relentless, hard worker determined to complete tasks and projects but who may sometimes speak out of turn or be perceived as bossy by others.

This year, the same daughter is attending her first year of middle school. She came home again with a questionnaire! This time the questionnaire had three specific questions asking about what ways my daughter likes to learn, what she expects out of her class, and what she expects of her teacher.

Do You See the Awesome Outhouse? A Lesson in Perspectives

 

Do You See the Awesome Outhouse?.png

This past summer, my family was taking a drive on the Blue Ridge Parkway near Asheville, NC ,and we came upon a restroom near an area called Graveyard Fields. Perfect. A few of us needed to use the restroom. From the outside the facility looked quite impressive (considering we were out in the middle of nowhere). My wife went first. When she came out, she warned me that what was waiting inside didn’t quite match the attractive outside appearance.

I took my turn and returned to the car. When my wife asked my opinion of what I found on the inside, here’s how I responded:

“Well, that was either one of the worst public restrooms I have ever been in or one of the most attractive looking outhouses I have had the pleasure to use.”

Topics: sales performance

Is It Possible To Have Too Much Work Intensity?

Is_It_Possible_To_Have_Too_Much_Talent_IntensityDo you have salespeople on your team who are too hard working? Sounds like a great problem to have, doesn’t it? I’m sure you know someone who has boundless energy. They never slow down, they’re constantly on the go, and even though you consider yourself energetic, it’s tough to keep up with them.

Does it feel productive or does it sometimes just feel hectic?

I have a friend like that and even though she is a lot of fun, sometimes she moves too quickly for people and lets things slip through the cracks. She has a natural tendency to take on too much. Busy feels really good, but sometimes her life is more hectic than productive.

It’s great when you have energy and the ability to work at a fast pace, but it is not good if you are running full steam ahead without a plan.

So is it possible to have too much of a good thing?

Weekly Wrap Up: What We Wrote, and What We Read: Sept 15-18

What a great week for reading! From dealing with the lone wolf salesperson to landing bigger deals, we have some great reads for you this week.

The Center for Sales Strategy Weekly Wrap-Up

 sept19

 

Topics: Digital Inbound Marketing Sales

Why Prospects Aren't Calling You Back (And What You Can Do About It)

why-prospects-arent-calling-backI wonder if the following scenario sounds familiar:

You call on several hot prospects and leave voice mail after voice mail, and yet... nobody returns your call. Was it a wrong number? Is everyone really that busy that nobody can find time to call you back?

But you know the answer. They're probably not that busy (not any more than everyone is always busy all the time), they just don't want their time wasted, and something you said on your voice mail indicated that talking to you might just be a waste of their time. Don't worry -- we can help you fix that.

Topics: Sales

Fresh Off the Presses: HubSpot Reveals New Amazing Sales Tools

Here at The Center for Sales Strategy, we are always looking for smart ways to drive and improve sales performance. As you know, we are a Platinum Partner of HubSpot, the all-in-one marketing software that allows you to do everything from website creation and blogging to emailing newsletters and scheduling social media posts, has taken things a step further with the launch of their CRM!

Topics: Inbound Marketing

The Key To Selling Bigger Deals

The_Key_To_Selling_Bigger_DealsThere is a pattern I have seen repeated over the nearly 20 years I have been involved in trying to help sales organizations improve their performance. A new product or service is launched, lots of product training is created to support the launch, and sales people are given incentives to sell the new offering. In most cases, sales start to happen, but after several months, overall sales are not reaching the lofty goals that have been set. This is often where I get involved and what I typically see is that a lot of sales have been made (often as many as the organization had projected), but the average sale is much smaller than they had hoped.

At this point, I look at the proposals behind the sales that were made. In nearly 100% of these proposals, the seller has done a good job of pitching the new product or service (good enough that they made the sale). But rarely is the proposal tailored to a need. Even great needs-based sellers tend to forget about this proven approach when they’re asked to sell the hot, shiny, new product.

Topics: Sales