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How to Start A Business Plan
A business plan precisely defines your business, identifies your goals, and serves as your firm's resume. The basic components include a current and pro forma balance sheet, an income statement, and a cash flow analysis. It helps you allocate...
Increase Sales in Your Home Business With These 10 Simple Ideas
Every home business has the same problem of how to increase sales without a hugely expensive marketing campaign. By utilising the following simple ideas you will be able to do just that. 1) Use your invoices as an advertising tool. Whether you...
Industry Pro Interview: Expanding Your Market Reach For More Sales
© Karon Thackston 2002 http://www.ktamarketing.com Have you ever wondered how to get out of a “sales slump”? I think all of us have! One of the most common things we, as small business owners, allow ourselves to suffer through is “narrow...
Is It Time To Hit The Reset Button On Your Sales Department?
If you're like most CEOs in business today, you will probably be faced with this decision at some point in the life of your organization. That time might even be now.
Perhaps your sales team consistently misses quota or your market share is in...
Only the Weak Ones Quit!
Only the weak ones quit. Is that true? There is a story of a CEO of a multi-national company who decided to withdraw a product from the market when it had consistently failed for nine months and eaten up millions of pounds in advertising,...
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The Traits Of Great Sales Leaders
The key to sales performance is the quality of an organization’s salespeople. That includes, and starts with, having a great sales leader. But, what makes a great sales leader? There isn’t a single extraordinary defining characteristic. But, there are common traits and practices.
A profitable growth focus is the foundation of the great sales leader’s operating approach. Sales strategies are built around acquiring and retaining business. The strategies are particularly defined, disciplined and resolute. Losing revenue (and therefore growth) that was hard fought for is unacceptable.
An ability to energize and inspire sales resources to achieve high performance standards distinguishes the great sales leaders from the ordinary. They use every opportunity to unify subordinate managers and energize sales resources – creating a singularity of belief, purpose and esprit de corps.
Great sales leaders regularly communicate their high performance standards, encouraging and pushing to make profitable growth happen. There is little tolerance for the uncommitted. Low performers are swiftly removed. No one who works for a great leader has to wonder what the leader expects or wait for an annual review to find out whether his or her performance is satisfactory.
Disciplined sales processes guide the action plan for field sales resources. Tools facilitate customer management and tally the conversion of leads to
customers. The sales pipeline and customer management system reveal what’s working well, what’s not, when and why. In combination, the processes and tools drive continuous refinement of the customer acquisition approach to ensure accomplishments match expectations.
While they spend considerable amount of time in the field and are involved in the sales effort, great leaders achieve results through the delegated responsibilities and accountabilities of their people. They resist the urge to jump in and save or close the sale, recognizing that sales people will neither rise to higher levels of competence nor assume accountability for results without having had the experience of handling difficult situations themselves.
About the Author: John F. Tallitsch is the founder of TopMark, a consulting boutique specializing in sales effectiveness and sales compensation. TopMark helps companies create finely-tuned, results-oriented sales capabilities through solutions encompassing: customer segmentation and targeting; sales strategies; sales force and territory design; performance-driven sales incentives; and talent strategies. You can contact John at 440-963-1240 or visit http://www.top-mark.com for more information.
Source: www.isnare.com
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