Monday, July 2, 2012

Figure out what's wrong with your sales process -- and how to fix it

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July 2, 2012
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The Leaderboard 
 
  • 3 big reasons why leaders fail
    Good bosses are often brought down by avoidable failings, writes Timothy F. Bednarz. Among the chief offenders: self-imposed limitations such as ethical inconsistency or indecisiveness; failures of understanding, such as strategic shortsightedness; and inflexibility and an unwillingness to welcome different perspectives. "Leaders need to take preventative action to make sure they do not succumb to these shortcomings," Bednarz writes. Leaders to Leader blog (6/26) LinkedInFacebookTwitterGoogle+Email this Story
Any business expanding globally needs to be aware of the complex and oftentimes stringent privacy regulations they'll encounter as they move into new markets. In the EU, for instance, a strict regulatory framework that could spell headaches for U.S. businesses who don't have the facts. Download this FREE eBook to avoid common pitfalls and streamline EU legal compliance.
Sales Strategies 
  • How to align your sales processes with customers' buying behavior
    It is imperative for sales organizations to make sure that their sales processes are aligned with buyers' behavior, but this can be difficult if buyers use unexpected or poorly defined processes, writes John Kenney. Companies can overcome this difficulty by providing a suggested road map for making buying decisions. Even if buyers opt not to use this outline, talking about buying processes can allow salespeople and buyers to get on the same page. Sales Benchmark Index/Sales Force Effectiveness Blog (6/29) LinkedInFacebookTwitterGoogle+Email this Story
Daily Data Points 
 
  • U.S. consumer confidence and spending reach a low for 2012
    Consumer confidence and spending data suggest the U.S. economic recovery is losing momentum. The consumer confidence index for June, measured by the University of Michigan and Thomson Reuters, fell to its lowest level since December. The Commerce Department said consumer spending in May was the weakest since November. Los Angeles Times/Money & Co. blog (tiered subscription model) (6/29) LinkedInFacebookTwitterGoogle+Email this Story
  • Other News
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Strategies from Sales & Marketing Management 
  • Why contrast is key to clinching the sale
      
    The heyday of the "hard sell" is over, but there are lingering lessons that anyone in sales would be remiss not to heed, beginning with the importance of contrast. It's not so much what your product does, writes Kevin McArdle, but showing the marked difference between the "negative present" and the "positive future." Sales & Marketing Management (7/2) LinkedInFacebookTwitterGoogle+Email this Story
On the Road 
  • N. America hotel, air ticket prices climbed 6% in Q1
    A study by Egencia shows that average daily rates in North American hotels rose 6% on average during the first quarter, while air ticket prices in the same region likewise climbed an average of 6% during the same period. "We have seen clients tighten their belts this year and shift more of their negotiated hotel volume into three stars and below," said Steve Peterman, hotels director at Egencia North America. Travel Weekly (6/29) LinkedInFacebookTwitterGoogle+Email this Story
App Update 
  • How to build organizational momentum for a new approach to CRM
    Companies may resist making large-scale changes to their CRM systems for a number of reasons; for example, they may be reluctant to give up on a CRM deployment in which they have already invested a lot of time and money. But companies can overcome this inertia in several ways, such as by evaluating the problems they are dealing with and by tallying opportunity costs. DestinationCRM.com (6/29) LinkedInFacebookTwitterGoogle+Email this Story
  • Other News
Most Read 

Top five news stories selected by SmartBrief on Sales readers in the past week.

  • Results based on number of times each story was clicked by readers.
Featured Content 
 
Most Popular Headlines from Last Week
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Making Small Talk 
 
Position TitleCompany NameLocation
Independent Medical Device Sales RepresentativeCompetitive Technologies, Inc.Multiple Locations, United States
Conference Sales ManagerDestination DCWashington, DC
Senior Sales Manager, WestUniversal ElectronicsMidwest/West region , CA
Regional Sales AssociateB-Line MedicalWashington, DC
Click here to view more job listings.

SmartQuote 
Leadership is about looking below the surface, since the greatest dangers and the biggest opportunities reside there, hidden unless searched out."
--Timothy F. Bednarz, author of "Great! What Makes Leaders Great: What They Did, How They Did It and What You Can Learn From It," writing at Leaders to Leader blog
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