The Competitive Advantage
August 4, 2020
Hint: It’s almost never the sales rep’s fault.
There is an all-too-common occurrence among Market Research firms. It seems that when they finally summon the nerve (and resources) to hire a full-time, 100% business development professional (i.e. a ‘sales rep’), that sales rep fails (and is subsequently fired) almost every time. And pretty quickly, too. I can count on one hand the number of firms I know where there has been some level of success with this structure.
The question is, “WHY does it fail?” What is going on at all of these research firms that almost predisposes the sales rep to failure?Continue Reading
May 12, 2020
Imagine you have responsibility for revenue growth at your firm and you finally decide to pull the trigger and convert a couple of your senior Project Managers to the Seller-Doer role. Congrats!
Now what? Well, one of the items you’ll need to cover in their training is to help them understand your firm’s ‘sales process.’
Sales process?! It’s not a term or a concept used very often in our industry… but it’s critical to your selling success. And here’s why…Continue Reading
May 4, 2020
8 Keys for Effective Sales Management
I was chatting with an industry colleague this past week and he mentioned he had just repositioned two of his Project Managers into Business Development roles… one as an account manager and one to go after new business.
And then he said something that really surprised me and even made me smile. He said, “This process has made me realize that I’m no sales manager!”
Wow! He is literally the first person in Market Research I have met who has said that. Out loud. Don’t get me wrong… there are a ton of really bad sales managers in our industry – he’s just the first one to admit it.Continue Reading
April 21, 2020
I’ve been involved in a number of industry conversations lately around the topic of ‘selling during the pandemic.’ As the uncertainty grows, firms want/need to continue to sell, if only to maintain their business.
For many, however, the inclination is to be too proactive… that is ‘sell harder, sell faster.’ The reality is, though, that the opposite approach will have a much more positive impact.Continue Reading
February 18, 2020
True story: Over the past two weeks, four different firms reached to me to ask about our services and how we might best work together. What makes this a bit unusual is that – at some point in the past – I had a relationship with every one of these firms.Continue Reading
February 2, 2020
STORY 1: I recently reconnected with an old friend who owns a large B2B publishing company, producing very targeted industrial magazines. As part of their service to advertisers, they also produce a number of vertical trade shows (aligned with those magazines).
When I asked about his publishing business, he said that it was doing fine… but then he added, “The trade shows are growing like crazy!”Continue Reading
December 23, 2019
Early last month, I published a blog post about ‘sales hacks’ for seller-doers. The feedback was so positive that I wanted to follow that article up with another one. So, to help you achieve your sales goals in 2020, here are five more easy sales hacks for you to employ next year…Continue Reading
December 3, 2019
Let me start with a few questions. As a seller-doer…
#1. Do you live in or near a fairly large city? [Everyone in NY, Chicago, Atlanta, LA and even in places like Nashville & Baltimore are putting their hands up in the air.]
#2. Do you have clients or potential clients (i.e. sales prospects) based nearby? [Most of the hands stay up.]
Final question. Have you visited any of those clients or prospects, in-person, in the past 3 months? [That sound you hear is all of the hands dropping.]
Why is that? Why would we not visit nearby “business opportunities” in-person?Continue Reading