Veloxy

MARCH 23, 2023

Identify the sales cycle Understanding the sales cycle of your business is important when setting quotas. Sales cycles can vary in length and complexity depending on the product or service being sold. Let’s now review three unique types of selling quotas : activity quotas, revenue quotas, and profit quotas.

Quota 246

Quota Profit margin Non-Profits Teamwork 246

The 5% Institute

JUNE 19, 2023

In the world of business, the terms “sales” and “selling” are often used interchangeably. So what is sales vs selling? While they are closely related, understanding the difference between sales and selling can have a profound impact on the success of your business. What is Selling?

Sell 52

Sell Objectives and Key Results Technique Customer Relationship Management 52

The 5% Institute

JUNE 19, 2023

Enhanced brand reputation: When businesses prioritize customer relationships, they create positive experiences that lead to word-of-mouth referrals and a strong brand reputation in the market. By understanding their journey and offering valuable insights, businesses can convert leads into loyal customers.

Cross-sell 52

Cross-sell Technique Sales Trust 52

Veloxy

AUGUST 31, 2023

Know your product Whereas inside sales reps need to speak intelligently about their products, outside sales reps also need to know how best to use their products, their industrial applications, and in some cases the products’ intricate engineering. But more often than not, customers won’t come asking for a quote.

Outside Sales 130

Outside Sales Pipeline Inside sales Cross-sell 130

The 5% Institute

JULY 7, 2023

It’s important to clearly communicate the unique value your product or service offers to customers. By creating a concise and persuasive value proposition, you can stand out in the market and capture the attention of potential customers. Explore opportunities for joint promotions, co-marketing campaigns, or cross-selling.

Drivers/motivators 52

Drivers/motivators Referrals Objectives and Key Results Repeat business 52

The 5% Institute

JULY 4, 2023

Additionally, providing ongoing training and development opportunities helps sales professionals stay updated with industry trends and enhance their selling skills. Sales professionals should focus on understanding customer needs , building relationships, and effective communication.

Objectives and Key Results 52

Objectives and Key Results Customer Relationship Management Technique Drivers/motivators 52

Salesforce

JANUARY 25, 2024

Picture this: You see an ad online for a product you really, really want — so you take it as a sign from the universe to treat yourself. The backstory here is all about inventory management. Proper inventory management allows companies to keep track of all their products as they’re received, stocked, ordered, and shipped.

Technique 59

Technique Manufacturing Objectives and Key Results Cross-sell 59