Sales negotiating is a part of everyday life, and it’s critical for more profitable sales and accelerated sales cycles. Poor negotiation techniques can cripple a company just as quickly as losing key customers. While most negotiating strategies seem like common sense, not many salespeople have a defined negotiation strategy or process. Most have never received any training in this area. These five tips will unlock your team’s ability to get the best deal possible.
A Sales Operating System (SOS) is the rhythm or cadence in which your sales team meets and communicates. Many organizations have not formalized their sales operating systems and are running their sales teams in an ad hoc manner. It is good that sales leaders are talking to their team members often, but when was the last time any of your underperformers approached you asking for help?
It’s not enough to have great talent on your sales team. Even if your salespeople have excellent selling skills, real success comes when everyone is aligned with the goals and expectations set by the sales leader while also being motivated and held accountable. So, what does it mean for a salesperson to be accountable? For this article, let’s say accountability is defined as; being held responsible for doing the things that are expected of you.
EOS includes a set of simple business tools and proven business processes that align and synchronize all the pieces of your business, to produce the results you want. Sounds great, right? Well, then how come most Sales departments struggle to adopt this method?
How would an economic recession affect your business? When production slows, demand for goods and services shrinks, credit tightens and the economy enters a downward spiral, clients and prospects become much more focused on price.
Expectations run the world, and when people don’t live up to your expectations, or you don’t live up to theirs, issues arise. Therefore, it is imperative that you are clear about your expectations of the people on your team.
The purpose of giving feedback is to improve the situation or a person’s performance. When your feedback is harsh, critical, or offensive, people have a hard time learning from it because they may become defensive or insulted. Positive feedback provides positive observations and suggestions that allows others to see what can change to improve their focus and results.
The executive team spent the last couple months of the year coming up with the growth strategy for the company....
If your typical sales cycle is longer than 2 months from initial customer contact to close, it’s time for a...