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 Sales?

Sell 52

Sell Objectives and Key Results Technique Customer Relationship Management 52

Partners in Excellence

APRIL 28, 2021

I was involved in a fascinating Clubhouse discussion on the future of selling. As we see more organizations move to permanent work from home or other more flexible workplaces, how we want to sell/engage becomes less important than the pragmatic, how does the customer want to engage. How do we help them recognize these challenges?

Sell 107

Sell Cross-sell Up-sell Technology 107

SaaStr

DECEMBER 4, 2022

What it turns out I love about NPS: >> It keeps a SaaS start-up honest << This is my favorite NPS “feature” Different teams and different executives can have heated debates on your product quality. If your customers love you … you’re gonna sell them more. And … I love it.

Cross-sell 110

Cross-sell Engineering Sales Support Promote 110

Martech

JANUARY 10, 2024

I get some of those same feelings about being exposed, with everybody showing up at a public talk. A: Sign me up any day, I’d rather be on stage presenting! Not because I’m less comfortable on a panel [than delivering a talk], but there’s just a fear of not measuring up to the other panelists, honestly.

Electrical Engineering 108

Electrical Engineering Healthcare Electricity Technology 108

Spiro Technologies

OCTOBER 13, 2022

Follow-up . Frequent touch-points correlate with higher close rates, so it’s critical that you stay in touch with prospects you’ve pitched, lest they forget about you or decide work with someone who followed up at the right time. But sometimes, slowing down can help you speed up. Moving deals through the process.

Pipeline 98

Pipeline Drivers/motivators CRM Sales 98

Salesmate

JANUARY 19, 2021

This is how I make the best out of Enterprise sales–”. For me, sales is all about building relationships, as it should be for every sales rep out there. After all, how do you think you can sell your services to a stranger who can’t even trust you? I, for instance, sell a CRM for all sorts of businesses.

Represent 124

Represent Referrals Clients CRM 124

SaaStr

JUNE 7, 2021

If a sales rep closed a deal, A customer success manager should take it over. An open question around smaller customers is how do you staff up Customer Success for them — if at all. But what you can do is just assign a certain number SMB and smaller customers that sums up to the amount of ACV you want to cover per CSM.

Customers 129

Customers Sales Service Sales Support 129

A Sales Guy

FEBRUARY 10, 2021

If you’re not up to speed on what’s going on, see Part I of this calamity here. In spite of the terrible sales experience, we were optimistic that things were going to improve. A salesperson in a “Low Sales Support Group.” After review, we had an alternative idea that we had come up with.

Pitch 107

Pitch Up-sell Contract Promote 107

Hubspot

MARCH 8, 2023

requires an extensive understanding of finance to back it up. requires an extensive understanding of finance to back it up. Employment of securities, commodities, and financial services sales agents is projected to grow 10% from 2021 to 2031 — faster than the average for all occupations.

Pharmaceutical 71

Pharmaceutical Manufacturing Transportation Finance 71

Sales Hacker

SEPTEMBER 23, 2021

A channel partner is a company that sells products and services for a technology manufacturer or vendor. Channel partners basically onboard other people to sell your product for you. In the tech world, massive enterprise companies have entire sales channel departments who sell outside technology solutions to their clients.

Commission 101

Commission Manufacturing Negotiate Contract 101

PandaDoc

MAY 9, 2024

Pipeline velocity is a comprehensive metric that monitors four primary sales factors. Let’s look at the elements that make up the sales velocity definition. Number of opportunities Sales velocity opportunities do not equal the total number of leads. Sales velocity can also measure the performance of teams and individuals.

Pipeline 52

Pipeline Legal Objectives and Key Results Lead generation 52

Heinz Marketing

JULY 11, 2022

What can introverts offer to selling? Listen in now for this and MORE, watch the video or read the transcript below: Matt: All right, welcome everyone to another episode of Sales Pipeline Radio. The laptop was shut down three weeks ago today, and flipped it back up this past Tuesday. How to hire for resilience.

Pipeline 103

Pipeline Sales Up-sell Sell 103

Martech

JUNE 28, 2022

Marketers play a large, proactive role in the buying-selling process to generate revenue across the entire buyer lifecycle – from generating a new customer, to contract renewal, to solution expansion and cross-sell/upsell. Drive the shift from push to pull marketing. Give them control.

B2B 114

B2B GTM Cross-sell High impact 114

Partners in Excellence

OCTOBER 3, 2022

Continuing my series of posts on the things we thought we understood about selling but really don’t, I’m tackling the selling process. But hang in there, the selling process is one of the most important fundamentals to our effectiveness as sellers. Why are you calling it a “selling process?”

Process 98

Process Sell CRM Up-sell 98

The 5% Institute

JUNE 8, 2023

When clients raise concerns or express doubts, it’s crucial to address their objections effectively to move forward with the buying or selling process. Timing objections: “It’s not the right time for me to buy/sell.” Handling objections is an essential skill for any real estate professional.

Real Estate 52

Real Estate Objection handling Transportation Finance 52

The 5% Institute

JUNE 7, 2023

Sales methodologies play a crucial role in the success of any business (which you’ll learn about in this Spiced Sales Methodology guide). They provide a structured approach to selling products or services, ensuring that sales teams are equipped with the necessary skills and strategies to convert leads into customers.

Objectives and Key Results 52

Objectives and Key Results Strategic planning B2C Relationship building 52

Heinz Marketing

MARCH 28, 2022

We’re going to talk about some of the new rules of remote hybrid sales, how to manage it, how to do it. We’re up to about 312 episodes of this program. He’s the VP of global sales at LawVu. While you’re getting set up, you’re talking to your contacts. Very excited to have our guest today.

Pipeline 109

Pipeline Territory Legal Sales 109

PandaDoc

AUGUST 9, 2023

Your LinkedIn profile is where you sell yourself to other professionals and prospects. It’s another channel to sell your message to prospects. Use this space to write a summary selling your unique skills and experience to industry leaders, peers, and prospects. You can choose up to 50 skills on LinkedIn. And guess what?

Networking 83

Networking Legal Cross-sell Teamwork 83

SaaStr

JANUARY 30, 2023

Overcoming challenges by optimizing for success In the early stages of setting up your SaaS business, it’s always a good idea to invest time thinking about the direction you want to take. Deel scaled the sales team from two to 250 account executives, but issues with productivity and enablement of the account executives cropped up.

Cross-sell 91

Cross-sell Account management Clients Growth 91

Anthony Cole Training

JUNE 21, 2013

Ever since I got into the sales people development business 20 years ago, I have had "tenured" sales people defend their position of not changing or growing by telling me that they don''t need to change because "I''ve been in sales _ years!". This is a very significant story because of differences that are demonstrated.

Sell 168

Sell Sales Up-sell Sales Experience 168

Anthony Cole Training

JUNE 21, 2013

Ever since I got into the sales people development business 20 years ago, I have had "tenured" sales people defend their position of not changing or growing by telling me that they don''t need to change because "I''ve been in sales __ years!". Stay up with Best Business Practices with Abstracts.

Sell 154

Sell Sales Up-sell Sales Experience 154

Salesforce

DECEMBER 12, 2023

How to build a customer-obsessed culture in 7 steps Unleash growth now with the #1 CRM See how Sales Cloud speeds up the sales cycle with data and AI, making you more efficient at every step. From there you can automate account-based research within Sales Cloud, using built-in AI that pulls in relevant data from the web.

Teamwork 59

Teamwork Customers Cross-sell Strategic planning 59

Partners in Excellence

MARCH 30, 2023

Over the years we’ve seen selling engagement move from sales led, digitally supported, to digitally led, sales supported. We have to think, “How do we show up in ChatGPT and similar tools?” From a seller point of view, we have a new challenge.

Drivers/motivators 68

Drivers/motivators Education Sales Support Start-ups 68

Hubspot

MAY 30, 2023

Then, we’ll give you a tour of the top generative AI tools for sales teams with highlights and pricing. Table of Contents Generative AI in Sales Today A Look at the Numbers: Sales Attitudes Toward AI Will generative AI take sales jobs? Adoption is ticking up, but skepticism remains. AI is changing sales practices.

Sell 75

Sell CRM Sales Price 75

Heinz Marketing

JANUARY 7, 2022

As a growth strategy, product-led growth removes the traditional sales cycle and, instead, lets the product sell itself. So, does that mean a product-led company can nix its sales team? Again, signing up for a product and adopting it as your go-to solution isn’t necessarily the same thing.

Growth 112

Growth Product Intrinsic Referrals 112

Salesmate

JULY 9, 2020

Your sales pipeline covers every stage of the customer acquisition process from leads to after-sales support to repeat business. To be successful in sales, you need to track specific sales pipeline metrics. Insights gained from this can help you maximize your sales cycle efficiency. Sales to Support Ratio.

Pipeline 121

Pipeline Contract Sales Territory 121

Lead Fuze

JUNE 2, 2021

They’ll get back up and keep going with the intention of succeeding soon thereafter. Negative comments can drag down the success of a sale, so it’s important to eliminate them. They believe in what they sell. One way to close a sale is by using the soft close. Sign up for a free trial of LeadFuze now!

Technique 98

Technique Closing Cross-sell Sales 98

Highspot

OCTOBER 11, 2023

4 Types of Sales Management Strategies to Help Sales Reps Close More Deals Navigating the sales landscape requires a mix of sales management strategies that motivate, enable, and support sellers. Sales readiness: Ensure reps aren’t just trained but are also ready to sell.

Objectives and Key Results 59

Objectives and Key Results Quota Technique Construction 59

Sales Hacker

AUGUST 7, 2020

Should you take the risk of applying to a fast-growing startup, or slowly work your way up at a more established enterprise company? I have been an early employee at a very successful start-up (and several not-so-successful ones), and I’ve also been in Sales and Management at large, enterprise corporations.

Start-ups 77

Start-ups Non-Profits Territory Sales 77

Partners in Excellence

JANUARY 15, 2019

Right now, I’m involved in at least halve a dozen situations where very capable people are failing because they haven’t understood the importance of building and maintaining a support network. Building and maintaining support systems is critical for everyone — period. But let me focus on business and selling.

Networking 81

Networking Legal Finance Trust 81

Salesmate

MARCH 6, 2021

Integrating Live chat with CRM assures that you collect and track all your leads, sales, support or any other issues related with your customers after their chat with you. Help your team sell more by adding new sales leads via Live chat into the CRM and covert them. Scale your sale with an integrated Live Chat CRM .

CRM 116

CRM Pipeline Contact Conversion 116

Sales Hacker

NOVEMBER 26, 2019

WHAT : Five exciting days of advanced sales training and tips from some of the biggest names in Sales. Sales Hacker Success Summit: Level Up for 2020. Author of 4 Bestselling Sales Books. 2019: LinkedIn’s #1 B2B Sales Expert to Follow. The Modern Seller: Winning in the Sales New Economy.

Gaming 104

Gaming Objectives and Key Results Sales Up-sell 104

Hubspot

AUGUST 1, 2022

A sales operator works to enable your salespeople to focus on selling. Therefore, hiring the right person for the role is crucial, as such a hire will handle ‘backend’ stuff like lead management, data analysis, process optimization, and even sales strategy. Flexibility is a must-have soft skill for sales ops people.

Cross-sell 79

Cross-sell Technique Sales Drivers/motivators 79

Openview

DECEMBER 12, 2018

However, as the pace of information accessibility grew, so did the need for focused sales support. As such, we’ve seen an explosion of sales enablers, sales enablement departments , and now the considerable growth of sales associations, communities, societies and networking groups. About the authors.

Sales 100

Sales Negotiate Promote B2B 100

A Sales Guy

JULY 23, 2014

Your sales management team must understand your company’s overall goals and structure compensation to align with them. In short, sales compensation should be not just a tactical focus for your organization, but a strategic one as well. Sizing It Up. Are your sales goals orders- or bookings-based?

Commission 120

Commission Quota Cold Call Sales 120

criteria for success

DECEMBER 31, 2019

A sales process is to selling as a recipe is to a cake. Without the proper steps in a particular and strategic order, you will fail at both selling and baking a cake. This depends on the type of solution you sell and who you sell it to. The Value of a B2B Sales Process. Building a Sales Process.

Process 59

Process B2B Territory CRM 59

A Sales Guy

JULY 24, 2012

When quotas are not perceived as achievable, sales people just give up and don’t even try. Management doesn’t budge arguing the sales team is sandbagging, and the quotas are more than achievable. Middle managers then try to “sell” the sales teams on the quotas. Sales Investments.

Quota 113

Quota Commission Territory Government 113