Digg it UP
#1 in Business Subscribe Email Print

You are here: Home > Business > Sales > Sales Reps and Sales Managers: Endangered Species

Tags

  • goods
  • creating
  • their ranch
  • heavily involved
  • sport sponsorships

  • Links

  • To Dance with Jim His Last Dance
  • Online Trading: Should You be a Trader or Investor?
  • Forget About Expensive Spas - Get A Whirlpool Bathtub Instead
  • Digg it UP - Sales Reps and Sales Managers: Endangered Species

    An Honest Look at Your Business
    There is a difference between being comfortable and being in apathy.It is very comfortable to have a smooth running organization when you have a team that knows what to do and does it. It is comfortable to have this group take care of your company and make it expand, and all you have to do is take care of the team. It is comfortable when the staff will actually handle the discipline problems of other staff members and not give it to you to handle. It is, of course, very comfortable to have a consistent flow of new customers into your office and not have to worry about it week to week.What is apathy?Perhaps apathy is excuses — thinking that things can’t change, considering that “this is pretty good” and “I just want ev
    d similarly, in part through internet portals but far more by third party entities that leverage new technologies to view greater options, leverage savings, make cost comparisons and determine deliverable values…at no expense to buyers as these entities are contingency based. No more stampede of traditional sales representatives, product pitches, cold calls or catalogs…as smart buyers know they can not possibly discover all the product/service options available to them on their own or rely buying from past relationships that have increasingly limited value and growing costs. The vast majority of businesses are unable to afford chasing the software to analyze options and leverage their buying pow
    Public Relations Vs Honesty
    Those whose business it is to do PR have invested greatly in their craft. Those who buy PR services need them to convey to their audience what they want them to hear. The audiences who are subject to the PR strategies allow themselves to be sold or not based on the effectiveness of such campaigns.In effect PR is part of the fabric of our lives.My question is: whatever happened to simply being open and honest?Well that would put the PR people out of job. It would make the consumers of PR feel exposed and uncomfortable. It would make the audience of PR dubious about the credibility of those they are listening to.So it seems that everyone wants to live in the fantasy that PR can create rather than live in the trut
    In North America there are over 2 million sales representatives and over 337,000 sales managers (Source: US Department Labor; salaried, full time, full benefits). As the new global economy takes hold, purchasing technologies improve, and pressures to grow business and cut costs intensify… the forces quantifying sales performance are discovering that there are far more effective ways to sell products and services.

    The median annual salary w/ benefits for sales representatives is $100,000 and for sales managers is $140,000. When measured against their sales growth/profits, the costs are high. The old maxims of putting resourced sales representatives on the street will grow business are falling flat in the face of reality. Cold calling is not working and old relationships/loyalties are fading. New branding techniques, scalable technologies and the way businesses now buy, are limiting the chances for sales representatives to be successful. Sales managers are now faced with high rep turnover, training options with lackluster results, unrealistic goals and new realities that are tying their hands to impact business growth. Businesses are clearly buying through new and improved sales channels.

    Three channels are reinventing the way businesses sell/buy their goods and services: Branding, Technology and Culture.

    Branding: Just as cattlemen seared their ranch brands on their livestock, businesses today spend millions on positioning their brands to be recognized, differentiated and sizzled with their consumers. Creative logo styling, colors, music, even star power, all blend so that we know immediately with either an image or sound, what the product/service is and identify as our preferred choice. Marketers are now heavily involved in production and distribution of goods and services, monitoring the consumers experience and engineering adjustments to make each experience repeatable, creating loyal customers. Those that better position their brand in the minds of their customers are those that reap greater sales and higher margins. Outlets include television, radio, print, internet and sport sponsorships; however also effective are guerilla techniques such a word of mouth, product placements, engineered articles, testimonies and celebrity endorsements. Just think of your own favorite brands that you buy…Did a sales professional make the difference or were you already sold by the branding experience?

    Technology: Ask any manufacturer/distributor what the biggest growth channel has been in the last 10 years for business to consumer sales and hands down for each has been the internet (Sales representatives & sales managers please note: you were not needed whatsoever in this spike in business/profits). Now business to business sales are being leveraged similarly, in part through internet portals but far more by third party entities that leverage new technologies to view greater options, leverage savings, make cost comparisons and determine deliverable values…at no expense to buyers as these entities are contingency based. No more stampede of traditional sales representatives, product pitches, cold calls or catalogs…as smart buyers know they can not possibly discover all the product/service options available to them on their own or rely buying from past relationships that have increasingly limited value and growing costs. The vast majority of businesses are unable to afford chasing the software to analyze options and leverage their buying powe

    What Are Business Ethics And What Is Their Importance?
    Business ethics are a matter of much debate. Every MBA entrant is taught the meaning of them, and yet many will never follow these guidelines in their real life careers. It has become a vast and complex field, and is the subject of much research. Business ethics encompass a large and significant portion of what it takes to do business today. Under the umbrella of business ethics comes:• The social responsibility that a business is supposed to have towards the community in general, particularly the one in which it operates or has any interests. An example of this would be the Exxon Mobil oil spill. It is the responsibility of a business to protect the interests of the people, animals and environment where it uses resources. Due to
    lling flat in the face of reality. Cold calling is not working and old relationships/loyalties are fading. New branding techniques, scalable technologies and the way businesses now buy, are limiting the chances for sales representatives to be successful. Sales managers are now faced with high rep turnover, training options with lackluster results, unrealistic goals and new realities that are tying their hands to impact business growth. Businesses are clearly buying through new and improved sales channels.

    Three channels are reinventing the way businesses sell/buy their goods and services: Branding, Technology and Culture.

    Branding: Just as cattlemen seared their ranch brands on their livestock, businesses today spend millions on positioning their brands to be recognized, differentiated and sizzled with their consumers. Creative logo styling, colors, music, even star power, all blend so that we know immediately with either an image or sound, what the product/service is and identify as our preferred choice. Marketers are now heavily involved in production and distribution of goods and services, monitoring the consumers experience and engineering adjustments to make each experience repeatable, creating loyal customers. Those that better position their brand in the minds of their customers are those that reap greater sales and higher margins. Outlets include television, radio, print, internet and sport sponsorships; however also effective are guerilla techniques such a word of mouth, product placements, engineered articles, testimonies and celebrity endorsements. Just think of your own favorite brands that you buy…Did a sales professional make the difference or were you already sold by the branding experience?

    Technology: Ask any manufacturer/distributor what the biggest growth channel has been in the last 10 years for business to consumer sales and hands down for each has been the internet (Sales representatives & sales managers please note: you were not needed whatsoever in this spike in business/profits). Now business to business sales are being leveraged similarly, in part through internet portals but far more by third party entities that leverage new technologies to view greater options, leverage savings, make cost comparisons and determine deliverable values…at no expense to buyers as these entities are contingency based. No more stampede of traditional sales representatives, product pitches, cold calls or catalogs…as smart buyers know they can not possibly discover all the product/service options available to them on their own or rely buying from past relationships that have increasingly limited value and growing costs. The vast majority of businesses are unable to afford chasing the software to analyze options and leverage their buying pow

    How to Create Instant Rapport with Your Interviewer
    Getting an interview is hard enough. You’ve already spent time and effort writing your resume and distributing it. Now you’ve got to the all important interview. Only one person will get the job so you owe it to yourself to make the best possible impression. If you can make yourself instantly likeable you will have an important head start.Ever noticed how lovers in a bar will sit facing each other across a small table and adopt the same pose. Their synchronicity indicates a desire to be in tune with each other. As one changes position watch how the other will soon adopt the same new position so that their bodies remain synchronized.This behaviour is called mirroring because they place their bodies so that they are a mirror i
    eir livestock, businesses today spend millions on positioning their brands to be recognized, differentiated and sizzled with their consumers. Creative logo styling, colors, music, even star power, all blend so that we know immediately with either an image or sound, what the product/service is and identify as our preferred choice. Marketers are now heavily involved in production and distribution of goods and services, monitoring the consumers experience and engineering adjustments to make each experience repeatable, creating loyal customers. Those that better position their brand in the minds of their customers are those that reap greater sales and higher margins. Outlets include television, radio, print, internet and sport sponsorships; however also effective are guerilla techniques such a word of mouth, product placements, engineered articles, testimonies and celebrity endorsements. Just think of your own favorite brands that you buy…Did a sales professional make the difference or were you already sold by the branding experience?

    Technology: Ask any manufacturer/distributor what the biggest growth channel has been in the last 10 years for business to consumer sales and hands down for each has been the internet (Sales representatives & sales managers please note: you were not needed whatsoever in this spike in business/profits). Now business to business sales are being leveraged similarly, in part through internet portals but far more by third party entities that leverage new technologies to view greater options, leverage savings, make cost comparisons and determine deliverable values…at no expense to buyers as these entities are contingency based. No more stampede of traditional sales representatives, product pitches, cold calls or catalogs…as smart buyers know they can not possibly discover all the product/service options available to them on their own or rely buying from past relationships that have increasingly limited value and growing costs. The vast majority of businesses are unable to afford chasing the software to analyze options and leverage their buying pow

    Customer Service - Not the Guru Way, but Three Simple Steps!
    You can spend a fortune on having someone come and tell you how to deliver customer service, or you can do much more, for much, much less. There are three easy steps.It's just that having a tub-thumping guru on hand to do some extraordinary things (though mainly irrelevant - give them a dollar each and tell them the 'buck stops with you' - is an example), is more visible to stockholders, if quite pointless.So bosses seem to be doing something special, when actually what is needed is a simple approach.As Robert Tannehill, an expert on customer service training, comments on what 'gurus' do, as follows:-"These fringy things that some motivational trainers have companies spend money on makes my blood boil. I
    io, print, internet and sport sponsorships; however also effective are guerilla techniques such a word of mouth, product placements, engineered articles, testimonies and celebrity endorsements. Just think of your own favorite brands that you buy…Did a sales professional make the difference or were you already sold by the branding experience?

    Technology: Ask any manufacturer/distributor what the biggest growth channel has been in the last 10 years for business to consumer sales and hands down for each has been the internet (Sales representatives & sales managers please note: you were not needed whatsoever in this spike in business/profits). Now business to business sales are being leveraged similarly, in part through internet portals but far more by third party entities that leverage new technologies to view greater options, leverage savings, make cost comparisons and determine deliverable values…at no expense to buyers as these entities are contingency based. No more stampede of traditional sales representatives, product pitches, cold calls or catalogs…as smart buyers know they can not possibly discover all the product/service options available to them on their own or rely buying from past relationships that have increasingly limited value and growing costs. The vast majority of businesses are unable to afford chasing the software to analyze options and leverage their buying pow

    How To Remain Cool as a Breeze When Dealing With A Raging Person
    An effective scheme to keep the ole heart serene when lambasted by an angry person is to concede his right to feel the way he does, even if you diverge on points. Suavely deployed “acknowledgment strategies” allows you to maintain calm and detached without having to secure yourself.Subsequently, reflective listening skills demonstrate that you sympathize and realize your attacker’s feelings. This action easily defuses the conflict. A sympathetic response prevents you from warring with the person and allows you to zero in on the font of the conflict. Observe the following powerful statements that acknowledge another person’s feelings:“After you told me how insulting the staff was, I can see why you are feeling upset.”“
    d similarly, in part through internet portals but far more by third party entities that leverage new technologies to view greater options, leverage savings, make cost comparisons and determine deliverable values…at no expense to buyers as these entities are contingency based. No more stampede of traditional sales representatives, product pitches, cold calls or catalogs…as smart buyers know they can not possibly discover all the product/service options available to them on their own or rely buying from past relationships that have increasingly limited value and growing costs. The vast majority of businesses are unable to afford chasing the software to analyze options and leverage their buying power. Fortunately in today’s marketplace, third parties have emerged to do the complex analysis optimally on a contingency basis. These highly professional sales agencies, being paid only on results, are the growth forces in sales today.

    Culture: The old command and control, operationally driven cultures in business are giving way to true customer driven business models. Operationally driven companies often lack trust or respect with their sales personnel, creating so called accountabilities that lead to unproductive cell calls, unclear emails, unread reports, no objective meetings, knee-jerk training, weak compensation, heavy customer service responsibilities, sales quotas set by hopes rather than ability and elusive bonus programs which are at best numbing, at worst unproductive. Those companies growing their goods and services have leadership that nurture cultures where everyone is responsible for sales and recognize that selling on the street is best left to professional agencies. Agencies understand the need to contract with only those who know where and how clients buy, making real sales growth, value and savings happen.

    As businesses continue to reinvent how they buy/sell their products/services, sales professionals must reinvent what they have traditionally viewed as a career path. No longer will there be large resourced sales staffs in services or manufacturing. As traditional sales jobs decline, the results oriented professionals will be taking their skills and intelligence to fully commissioned based manufacturing representatives, supply chain management agencies and distributors that are far more effective in creating sales growth. With fewer sales jobs available, the most capable reps that excel in making real growth happen will move to being fully commissioned reps. The underperformers will fall into customer service jobs (also declining in numbers and compensation), inside sales positions (also declining in numbers and compensation) or fall into underemployed opportunities (also declining in numbers and compensation).

    The prospects for sales professionals in agency based commission sales are dramatically improving while traditional sales jobs are clearly declining in numbers and compensation. The time is now for sales representatives and sales managers to reassess their endangered careers and take control of their destiny, instead of falling prey to global market realities.

    HTTP = HTML link (for blogs, profiles,phorums):
    <a href="http://www.diggitup.net/article/36395/diggitup-Sales-Reps-and-Sales-Managers--Endangered-Species.html">Sales Reps and Sales Managers: Endangered Species</a>

    BB link (for phorums):
    [url=http://www.diggitup.net/article/36395/diggitup-Sales-Reps-and-Sales-Managers--Endangered-Species.html]Sales Reps and Sales Managers: Endangered Species[/url]

    Related Articles:

    Data Disasters....Horror Stories of Data Loss

    The Best Way to Start a Legal Work at Home Job

    Have You Selected Wrong Materials for Chemicals?

    Bookmark it: del.icio.us digg.com reddit.com netvouz.com google.com yahoo.com technorati.com furl.net bloglines.com socialdust.com ma.gnolia.com newsvine.com slashdot.org simpy.com shadows.com blinklist.com

    domki holenderskie awans.radom.pl kredyty obrotowe dla firm pożyczka na samochód small loans