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It’s not very often when an article gets me so agitated that I feel that I have to respond but, this one did … No Commissions, No Quota: the Future Model for Sales? My impression is that he has chosen to paint all commissioned reps with a broad, not so complimentary, brush. I based my entire selling career on these two sectors.
Social selling leverages social tools, tactics, and strategies to complement, not replace , traditional selling methodologies. First let’s talk about where social selling excels …. It is your inbound selling tool and qualified buyers will come to you. If you are a commissioned salesperson, you’ve got to love that!
Commission based, vs. salaried, reps. This is pretty easy to understand if your perception is that CRM will, at best, inhibit your selling. An Implementation Workshop addressing the following should be performed to define how Nimble will be set up and configured for your business. Sell the benefits.
I still remember when I was a struggling sales trainee who was about to graduate to a full straight-commissioned rep. Late that Friday, my sales manager called me and told me that one of the businesses, Golden West Billiards (this was 1977!) , had called and wanted to meet with me on an accounting system on Monday. . Never give up.
Agents who are actively selling multi-million dollar properties certainly know a few things that the rest of us don’t. You spend hours and hours each week pitching, emailing and following up. With the slogan, “Don’t sell without intel!”, Lesson #1 – Be the smartest in your marke t.
In 2006 I decided to leave management and go back into selling. As a commission-only independent contractor, I was starting from scratch (no accounts or even leads), I needed to formulate a plan. My solution was to tear up the entire list (not joking) and pursue a completely different prospecting strategy.
I took about 6 months off to plan my next moves and came to the decision that I wanted to go back to selling only which was something that I had not done in a great deal of time. Additionally, I wanted to work on a commission only program. Neither aspect was appealing, So, I did the only logical thing, I tore the list up.
A prospective client had a 3×5 card, generally with their business card stapled to it, and this was used to keep track of activities. It was also used to ensure that follow-up tasks were completed when due. Revenues are the lifeblood of your business. Nothing happens until somebody sells something. Organization.
There are literally tons of sources for new business opportunities. Understand the new rules – Is selling harder today than it used to be? Set aside time each day to prospect – Not doing so is the most common reason behind the commission roller coaster. We will discuss these in future articles, but first ….
This meant that, while I would be associated with only one firm, I was going to work on a straight commission basis. I told the company president that the deal would be … “Pay me if I sell something. This meant that I would need to offer a suite of services in addition to a good lunch. No benefits. Leave me alone if I don’t”.
I’m one of those people who are keenly aware that there is selling time , when you see customers and prospects, and non-selling time , before and after work when you can do paperwork. The nice part about social networking is that much of it can be done during non-selling hours. Let me be very clear about one thing. Stay tuned!
Later, as my business began to morph, that site was repurposed to supporting our leads group and my writing focus was redirected to this site. Well, I’m mixing it up again! We might actually end up with 10 steps or maybe even 20. Would you rather make cold calls or follow-up on a referral? Since NetWorks!
I started B2B selling in 1977. Looking back, about the only selling skill that I really excelled at was product knowledge and I could give one hell of a good demo. If you have monkeys of your own … don’t give up. I decided that I just wanted to sell but, could I sell? My selling style changes. I was a wreck.
It may even warm up a chilly conversation or email. 4 Set up a time for your prospecting campaigns. The fact that you’ve scheduled prospecting as an ongoing appointment on your calendar will help to guarantee that it doesn’t go overlooked in your busy schedule. A little bit of research may go a long way.
I began my B2B selling career back in 1977 when I went to work for a national company and I was assigned a geographic territory in Los Angeles where I was expected to make 30 in-person cold-calls each day. and I could make up to $145.80 My comp program was straight commission. Read on at Maximize Social Business ….
One of the first what How to Hire a Great VP of Sales at the New York Enterprise Tech Meet-Up (thank you to John Lehr and Work-Bench for setting this up). The video version is below, and we cleaned up and updated the transcript below. I did sell EchoSign to Adobe. up that is sub one million in recurring revenue?
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