Archive for Sales Management

How to Get Problem Sales Back on Track

A key thought to remember when you are in sales negotiations is the phrase: No mutual mystification.

Mutual mystification in the sales process is a real deal killer. It happens when either a buyer or seller has different expectations for an outcome of a meeting. Or it can happen when one party does something bewildering that is not clarified-leading to the “two ships passing in the night” syndrome.

The seller must provide leadership throughout the deal flow and must not allow mutual mystification to occur. To ensure that there is no mutual mystification in your deal making, discuss before each meeting: Read more

How to Motivate Yourself to Make More Sales

Have you ever wondered, “Why are some people successful in sales careers, while other fail?” Does that mean that successful salespeople are more gifted or talented? Maybe to some degree, but even if you are extremely talented but lazy it won’t get you anywhere.

The reality is that the most successful people, not only in sales, but generally in life are working very hard to achieve their goals. They have a strong discipline and work on their goals no matter what.

Imagine a pyramid with the bottom representing a cold calls or other form of first contact with the prospect and the top being the actual sales made. The more room you have at the bottom, the more you can build on top of it.

Of course, your end goal is to get customers, but that is not what you should focus on – you should focus on hours, calls, demonstrations (if you want an A in an exam, you don’t sit home and think about getting an A, you spend time studying – actual work). The low of average will do the rest of the work here. Read more

Sales Process Management – The Key to Unlocking the Potential of Your Sales Force

According to legendary quality expert W. Edwards Deming, there is one critical, but often overlooked, factor upon which success in almost any business endeavor depends. The ability of your sales team to meet and exceed your revenue targets will be determined largely by your awareness, or lack of awareness, of this one thing. It amazes me how many companies neglect it entirely, focusing instead on individuals and performance issues while the real problem goes unnoticed and unaddressed. Obviously it is vital for you to understand this important component and learn how to manage it properly so that you can unlock the full potential of your sales organization. Read more