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Sunday, February 19, 2012

Increase your Sales--Easy ways

Hi, Readers,
    Here are some vital ways, which will enable your organisation to increase sales..
Make these easy steps to your sales process to create a huge increase in sales revenue.

Want to sell more? Here are 12 simple actions that you can take today that will increase both revenue and profit.
1. Reduce the number of opportunities you pursue. The more opportunities you've got, the more likely you are to make a sale, right? Wrong! If you can't give each prospect the attention they deserve, you'll lose sales you otherwise might make.
2. Increase the percentage of time you spend selling. Get somebody else to handle your paperwork, expense reports, or whatever busywork is involved with making a sale. Use the extra time to get in front of customers.
3. Stop buying technology because it's cool. Smartphones, tablets, and PCs can be important tools--but learning and supporting them can drain your productivity. Only purchase devices and programs that actually help you sell.
4. Think about your solution as a verb. Suppose your company makes glue. If you're selling "glue" (a noun), you'll talk about product features. If you're selling "gluing" (a verb), you'll talk what your offering does for your customer's business.
5. Treat selling as a service to the customer. Stop thinking that selling means "convincing" the customer, "overcoming" objections, and "winning" the business. Instead, view yourself as the customer's ally in solving a problem.
6. Terminate weak engagements--politely but immediately. The moment you find out that a customer really doesn't need what you're offering, point them in the right direction, then politely withdraw from the opportunity.
7. Don't confuse telling with selling. Rather than talking to the customer about what your product can do, ask intelligent questions so that the two of you can discover whether the customer really needs you to help solve a problem or achieve a goal.
8. Hone your lead generation effort. Based upon your own experience, observe who's just interested and who's actually buying. Hone your lead generation efforts to find more of the ones who are actually spending money on your offering.
9. Don't focus on the gatekeepers. Make sure that you're talking to the realdecision-makers, and not just the influencers and sideliners. When you meet a decision-maker, stay in regular communication throughout the sales cycle.
10. Stay on top of your opportunities. Don't lose track of what's changing inside the account. Build a short sales plan that documents the process and the players, so you don't spin your wheels trying to remember who needs what and when.
11. Outflank your competition. Find out who the other guys are calling on, and how they're approaching the account. Figure out who they're talking to, what they're saying, and defensively position your offering to counter their approach.
12. Increase your average Rupee value. It takes just about as much effort to cut a 1,000 deal as it does to cut a 10,000 deal. The more revenue you book on each opportunity, the more money you'll make overall.

                                                "Happy selling"

Sales Versus Marketing

Hello Readers,
                     I have come up with interesting post this time, the persons who have been into sales and marketing domains might experienced this issue, which i am going to share. Being working as a sales professional for a $6 billion group, i dare to share this after observing the things in all aspects, some part of the content taken from a business magazine. Continue Reading.

 Here are the nine most common complaints Sales has about Marketing, along with my advice to resolve the problem.
1. Marketing Acts Superior
Many marketers have business degrees, so they think they're better than sales reps who don't. However, business degrees are of limited use in sales situations–because very few business schools offer courses in sales, let alone majors or degrees.
Since what's taught in b-school is (frankly) a mix of accounting and biz-blab, the superior air of the MBA'd is neither appropriate nor helpful.
The Fix: Make certain that every marketer you hire has at least six months of experience selling something.
2. Marketing Doesn't Believe in Sales
Marketers are often taught in b-school that good marketing makes a sales force unnecessary. As Peter Drucker put it: "The aim of marketing is to make selling superfluous" and "the right motto for business management should increasingly be 'from selling to marketing.'"
However, unless a product is a plug-and-play commodity, your only differentiator is how you sell it.
The Fix: Make it clear in the charter of the marketing team that they are there to support the sales team, not to replace it.
3. Marketing Thinks Selling Is Easy
Marketers think that they can create so much demand that selling consists of taking orders. However, many "demand creation" activities don't create all that much demand–especially in B2B, where customers generally ignore ads, brochures, and such.
And, of course, anyone who's ever sold knows exactly how difficult it can be.
The Fix: Have the marketers make sales calls–or field inside sales calls–so they can see how hard it is.
4. Marketing Avoids Being Measured
Marketers generally get paid when they produce leads, brochures, white papers, and so forth–even if none of that activity results in a single sale. They successfully get themselves measured on the deliverables, rather than whether the deliverables have a measurable financial impact.
The Fix: Compensate marketers on the ability of the current sales team to generate revenue and profit from the sales leads that marketing produces.
5. Marketing Claims to be 'Driving Sales'
Ugh. I've heard this phrase dozens of time from marketers who are trying to take credit for sales, even when they had absolutely no impact on making those sales take place. It's a perfect example of the "law of inverse relevancy," which is "the more you don't plan on doing something, the more you must talk about it."
The Fix: Make Marketing subservient to Sales on the organization chart.
    6. Marketing Pretends It's Strategic
    Give me a break. Brand is a reflection of product and service. If those are good, the brand is good; if not, the brand is bad. Yeah, branding activities help–but the idea that marketers are "brand managers" who should be directing all activities throughout the company is, frankly, ridiculous.
    The Fix: Reward marketers for behavior that directly results in a measurable increase in revenue and profit.
      7. Marketing Wastes Money
      Needless to say, Sales is perfectly capable of wasting money (big time). However, there's also no question that marketers often expend cash on fancy brochures, advertisements, and trade show junkets that have little or no business value. And, let's face it, the more that's spent on marketing boondoggles, the less money there is for commissions.
      The Fix: Give the sales team veto power over all pricey marketing activities.
        8. Marketing Pretends It's Engineering
        Once again, give me a break. While marketers often attempt to set a firm's technical direction, most of the time, the marketers have never even spoken to a customer–and have no idea what's technically feasible.
        The Fix: Let your engineers do the engineering. That's what you pay them for.
          9. Marketing Argues About Lead Quality
          Marketing frequently provides Sales with lists of unqualified or underqualified leads, and then accuses Sales of being clueless because it can't close the deals.
          What the marketers fail to realize that a lead is only good if it's possible (or even easy) for the sales team to close. Otherwise, it's a waste of time.
          The Fix: Reassign (or fire) marketers who can't provide leads that the sales team can close.

               " Looking forward for successful association between Marketing & Sales teams"