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4 Reasons Why CFOs
Receive Pushback From Their Purchasing Departments When Their
Indirect Costs Are Out of Control
by Paul DiModica
Managing corporate expenses is a strategic and tactical action
that must be monitored on a daily basis. Managing indirect expenses
is a sub-segment of corporate accounting and purchasing departments
which often go unnoticed or unmanaged because of the lack of time,
the lack of sufficient competitive pricing data to benchmark against,
and the perception that these areas cannot be reduced. Full article...
Do You Have an Integrated Revenue
Capture Business Model or Are Just You Just Scaring Prospects Away?
by Paul DiModica
- Are your sales costs increasing per sale?
- Does your marketing scare prospects away?
- Do you have products or services that no one is buying?
If so, then you may have a decentralized revenue capture approach
where your strategy, marketing and sales process are not aligned
as an integrated revenue capture program. Full article...
Sales Process Questions For VPs
of Sales
And Their Account Managers
by Paul DiModica
In consulting with clients, daily I hear the following
questions being asked by both sales management and account managers.
When comparing the needs and business department requirements of
sales and sales management for success in the coming year, there
appears to be a common thread of expectation for both. Both seek
more support, teamwork and increased revenue. Both expect each
other to be more responsive. Hopefully, through more direct and
deliberate dialogue, each group can achieve greater success by
working closer together. Full article...
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The
7 Stages of Prospect Commitment You Need To Manage!
by Paul DiModica
Are you managed by your prospects?
Are you projecting your needs onto prospects
-- hoping they will buy?
Are you held hostage to the small size of
your sales pipeline?
To sell more products and services, it is important
to manage prospects -- not have them manage you. Selling is a profession
where you must subliminally drive the prospect to appreciate the
time limitations you have in selling and getting them to take actions
steps to buy. Full article... * * * * *
Do You
Suffer From Circadian Sales Rhythms?
by Paul DiModica
Selling is an emotional, psychological thinking sport
that requires salespeople to balance their sales goals, their professional
motivation and their ability to work within a time management model
as a coordinated equilibrium.
Circadian is Latin derived word meaning "around
a day" and Circadian Rhythms are
adjustments and changes in your physical and mental characteristics
that happen to you through-out the day. Sometimes called your "Body
Clock," circadian rhythms can be different for everyone based
on their genetics, diet and life habits. Full article...
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Is Your Sales Process Working
or Is Your Sales Team Chasing Prospect Rainbows?
by Paul DiModica
At DigitalHatch, we have identified over 45 key sales
process metrics that management teams should use to increase company
revenue and build a scalable, replicable sales process for their
salespeople.
Selling products and services is a premeditated sport. It
is a thinking, calculating, strategizing business process where
success is based on planning. Full article...
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15
Best Excuses for Not Hitting Your Sales Quota
by Paul DiModica
Sales quotas and targets are business tools most
salespeople are measured by. Professional sales is a difficult,
complex employment position that most people do not understand
and many underestimate the complexities of the job in order to
perform well at it. Full article...
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10
Ways to Know If Your Firm Is PullingTheir Value Behind
Them
by Paul DiModica
As management prospects hear this corporate rhetoric day after
day, they just stop believing the pitches sales and marketing people
tell them and instead look for solid validation.
More often than not, most sales teams "pull" their sales value
behind them during the sales cycle by presenting these descriptions as
facts which are not up for validation. Full article... * * * * *
Recommended
Reading for Sales and Sales Management
by Paul DiModica, Editor, BDM News
Here is a great list of interesting, provocative and motivational
business books you should read this summer to help you market better,
sell more and increase your personal sales income or company revenue.
Full article...
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Marketing With E-mail? Watch Out
For Spam Filters!
by Ivan Levison
A
friend of mine was fed up with all the spam he was getting. So he
decided to do something about it.
He activated the junk e-mail filter (default setting) on Outlook
and set up a folder to which all the spam would automatically be
sent. Two weeks later he checked out the messages that had accumulated.
Sure enough, there was all the usual garbage... money-making plots
from Nigerians, news about valuable prizes waiting to be claimed,
etc. Full article...
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CIO Magazine Reviews DigitalHatch's
IT Sales Techniques!
by Paul DiModica, Editor BDM News
Recently, I sat down with Jerry Gregoire, a CIO Magazine
editor and the former CIO of Dell Computer and Pepsi-Cola to discuss
DigitalHatch's book How To Sell Technology and our
IT selling methods. Full article...
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Dynamic Strategic Planning
and the Value of Strategic versus Opportunistic Thinking
by Rob Berg, COO, SmartReply,
Inc.
The latest management literature and recent spectacular rise and
disastrous fall of hundreds of companies in the dot com world have
highlighted an important if not thoroughly disconcerting trend:
The overwhelming preponderance of would-be entrepreneurs and their
egregious taste for money without first developing substance. Full
article...
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Contracts, Proposals and Getting Paid
by Thomas Granger
It is the best of times and the worst of times. Life as a web or
graphic arts freelancer can be both rewarding and tough. On one
hand is the indescribable pleasure of be able to charge what your
worth; on the other is the often frustrating task of getting paid
what you're owed. Full article...
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