Debunking an old sales myth can help bring good ideas to life.
Tag Archive for sales
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10 Ways to Maximize Your Sales Team's Performance
by Saurabh Kumar • • 0 Comments
Focus on profitability by performing at a high level, maintaining low costs and generating consistent revenue.
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Sales commission structure for UK small business
by Timothy Adler • • 0 Comments
By Timothy Adler on Small Business – Advice and Ideas for UK Small Businesses and SMEs
You’re a small firm that has a proven B2B product to sell and the direct website sales to prove it. You’ve even had investment from investors excited about your revenue growth projections. But how can you take your small business up to the next level, finding those buyers without having to rely on word of mouth?
The obvious answer is to take on a salesperson.
But how do you know what to pay them? Obviously, salespeople work on commission – the more they sell, the more money they make – but won’t they need a basic salary to tide them over? And what should that split be?
This is when you need to decide on a sales commission structure for your small business.
First, you need to ask yourself some questions.
What is the hunter vs farmer concept?
A simple distinction between types of salespeople is the hunter vs farmer concept. The kind of salesperson you may need depends on the type of business you are in.
Martin Knowles, co-founder of sales coaching firm Sales Untangled, co-author of the Amazon bestseller of the same name, defines hunters versus farmers as follows:
Hunters are
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5 Reasons You Need to Adopt a Circular Economy Business Model
by Zaheer Dodhia • • 0 Comments
For entrepreneurs interested in sustainability, adopting the circular economy business model is one way to go about it.
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I've Conducted More Than 500 Sales Calls Over the Past Few Years. Here Are 5 Tips for Having Better Sales Conversations.
by Neil Gordon • • 0 Comments
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3 Steps to Set Up Sales KPIs That Actually Work
by Faiza Hughell • • 0 Comments
The right key performance indicators (KPIs) can have a powerful impact on a sales team’s success and lead to more resilient customer-engagement strategies, especially for small businesses.
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The Simple Sales Secret That Took Ralph Lauren From Zero to $6 Billion in Annual Revenue
by Nick Wolny • • 0 Comments
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If You're Not Looking at These 3 Things, You're Not Optimizing Sales
by Mark Thacker • • 0 Comments
Although sales has traditionally been a face-to-face exchange, technology and data allow sales teams to make better decisions in a post-pandemic reality.
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How to Influence in Sales
by Mike Schultz • • 0 Comments
A seller’s job is to drive change. Learn how to influence both buyer thinking and action.
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6 Tips for Converting Leads Into Clients
by Perry Marshall • • 0 Comments
These easy-to-follow strategies will help you turn those eager prospects into happy customers.