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The Center for Sales Strategy Blog

Pay Attention to Your Best Customers

Pay Attention to Your Best Customers

Your best customers are your competitors’ best prospects. At The Center for Sales Strategy, we have long said that it’s much easier to fill the bucket if it’s not leaking from the bottom. Many companies have an incredibly large need to go out and get new business every month—mainly because they're losing 33% or more of their current business.

It's true, and while new business is certainly one of the solutions for curing the problem of not retaining existing business, it’s really only a bandage. The problem of account attrition needs to be addressed and quickly solved.

Churning through clients quickly and not getting any sort of renewal will fatigue your sales team. Over time, they will lose confidence in what they are selling. Just imagine the revenue growth you'll experience without attrition and keeping the same amount of new business coming in.

Topics: sales strategy Sales COVID19 Resources

A Quick Guide to Acquiring Top Sales Talent to Build an Effective Organization

A Quick Guide to Acquiring Top Sales Talent to Build an Effective Organization

NBA Coach Phil Jackson once said, “The strength of the team is each individual member.” His thought holds true within your sales teams.

Each person on your team needs to have the right combination of talent and fit to be successful. But in this competitive job market, how can you attract top talent to your organization?

Topics: sales talent

How to Sustain While Disrupting: Innovation and Agility in Sales

How to Sustain While Disrupting: Innovation and Agility in Sales

Today’s consumers are distracted with numerous options and bombarded with loads of information. As a result, they often struggle to find the products or services that best meet their needs.

In a rapidly changing industry, tools, and tactics that enabled sales and closed deals just a few years ago don’t stand a fighting chance today. Innovation and agility are keys to staying ahead of altering consumer demands.

Topics: consumer needs

How to Approach Setting Realistic Sales Goals in 2023

How to Approach Setting Realistic Sales Goals in 2023

Setting meaningful as well as realistic goals is a skill that all sales leaders know is crucial. When looking at sales goals, let us clarify that they need to be both meaningful, with a focus on hard, not vanity metrics. They also must be realistic to your industry, region, market, team, and organizational capacity.  

One of the best ways for sales leaders to set realistic goals is first to look back. History can offer meaningful data and will provide checks and balances when dealing with projections and not actuals. 

Topics: leading indicators

How to Help Veteran Salespeople Increase Their Digital Sales

How to Help Veteran Salespeople Increase Their Digital Sales

I will often hear sales managers confess that their most tenured, and sometimes best traditional sellers, struggle when it comes to selling more or higher value digital solutions.

As consumers spend more time with digital media and digital marketing budgets increase, it is no longer viable to have your best sellers not participating or fully participating when it comes to digital sales.

So, what is the best way to help your most talented sellers who haven’t found their digital groove?

Topics: Digital

No Tricks, JUST Treats Please!

Trick or Treat

Costumes, Ghosts and Goblins, Spooky Spiders, and Candy are fun Halloween traditions. 

Each year, children dress up and go door-to-door, exclaiming “trick or treat” in hopes of getting a handful of candy to add to the stash they’ve already collected. To a child, there is no such thing as too much candy… in fact, the one with the most candy by the end of the night wins.

What’s interesting is while children give the choice… “trick or treat,” we all know that they don’t want to be tricked. All they really want is treats!  They want to be delighted with yummy, fun-to-eat candy.

Topics: Needs Analysis

The Leadership Challenge

The Leadership Challenge

One of the main reasons leadership is challenging is because you are managing a fast-moving conveyor belt of decisions. One decision after another is rolling off the conveyor belt: 

  • Should I remove this non-performer even though I have two other open positions? 

  • Do I shift the compensation plan to get the team focused on the right behaviors, knowing it could disrupt the culture and distract top performers? 

  • I just announced our new hybrid work expectations, and now my top performer is asking for more flexibility because of a family situation—do I allow it? 

You can’t obsess over each one and slow everything down, but you don’t want to make knee-jerk decisions, either.

Topics: leadership development

Celebrating Women In Sales Month with Guests Katelin Tinely and Jaleigh Long

ISP_Ep.51__ Cover Graphic Jal and Katelin

Wrapping up our Women in Sales Month episodes are Katelin Tinley, Vice President and General Manager at Cox Media Group, New York City, and Jaleigh Long, Vice President and market manager at Cox Media Group, Atlanta and Athens.

Together, Katelin and Jaleigh share a ton of essential observations, such as the significance of having an open and transparent relationship with your team, the power of going through the customer journey and knowing potential problems before the meeting, and the importance of being seen as a resource for your team and for your clients to help guide them through disruption.

Tune in now or keep reading for a brief overview.

Topics: women in sales

5 Secrets to Selection

5 Secrets to Selection

Candidates are in and out of the job market quickly, particularly those with superstar talent. If you’ve adopted a “we’re always hiring” mentality to help you build and fill your talent bank, you’re likely conducting interviews more frequently.

According to LinkedIn, 83% of talent say a negative interview experience can change their mind about a role or company they once liked.

Selection is a two-way street. You’re interviewing the candidate, and at the same time, the candidate is interviewing your company. It’s important to maximize your opportunity to interview candidates while giving them a solid understanding of the job role and your company culture.

Topics: hiring salespeople sales talent selection

Celebrating Women In Sales Month with Guest Stacey Kauffman

ISP_Ep.50__ Stacy

October is Women in Sales Month, and to celebrate, we recognize many talented and hardworking women who work in this industry, the valuable contributions they make to it, and their expert insights on the future.

Joining this episode of Improving Sales Performance is guest Stacey Kauffman, Regional Vice President from San Francisco and Sacramento at Audacy.

Stacey has many observations, such as prioritizing your focus amidst the flurry of data that is constantly at our fingertips (Hint, hint, don't beat chain to your desk), how Account Executives can no longer wear all the hats like they used to, and why you can't build a team of unicorns.

Tune in now or keep reading for a brief overview.

Topics: women in sales