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What Is Business Acumen in B2B Sales and Why It Is Critical

Iannarino

And third competency is business acumen, without which it is impossible to be a consultative salesperson. In The Only Sales Guide You’ll Ever Need , you will find three competencies that most salespeople are lacking. The first is leadership, which is necessary to lead your clients.

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What is a Business Acumen: Key Insights for Success

Lead Fuze

Having a sharp business acumen is critical for any advanced level professional with an IQ of 150 to succeed in today’s competitive market. As a sales rep, recruiter, startup owner, marketer or small business proprietor, understanding this concept can significantly enhance your success in today’s competitive market.

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Why Is Customer Acumen So Important?

Partners in Excellence

Sometimes, I feel like a broken record talking about Customer and Business Acumen. Speaking to sales enablement executives, fewer than 10% have any sort of business acumen programs in place. ” The usual response is, “They sell stuff… ” Sometimes they even know what the company sells.

Customers 101
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Sales Podcast – Strategic Sales Performance Management

Closing Bigger

The three sales performance management levers I’ll focus on today are: Business acumen building: What does a robust business acumen building system look like? Building acumen in our sales team can be a pivotal strategic shift in our sales performance. It’s nearly impossible.

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The Real Business Acumen of Customer Service

The Advantexe Advisor

Business Acumen comes in many shapes and sizes and depending on your function in the organization will inform you of the way you execute the strategy of your business. Customer Service is one of the most important functions within a business and is especially critical in a consumer business like hospitality.

Service 85
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The Impact of Price Discounting on Gross Margin

The Advantexe Advisor

As we teach in our simulation -centric business acumen programs, conducting an environmental analysis and forecasting is the foundation of business success. One of the “levers” that companies are pulling right now as part of their “what-if analysis” and planning for Q1 and beyond is price discounting.

Price 72
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The Business Leadership Skills that Execute Business Development

The Advantexe Advisor

Last week I shared some insights on the Business Acumen Skills that Execute Business Development. The impetus for the blog was several requests from clients to share insights on what is business development in 2024 and beyond and what the “average employee” needs to know about it to both drive it and support it.