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Informative Articles

Astute Pricing by Sales Representatives can Expand Profit
One surefire way to grow profit is to deploy sales resources that masterfully price your company’s products and services. The right price can boost profit more than improvements in the cost-of goods sold or reductions in SG&A. For example, a 1%...

Black-Belt Sales Meeting Moves
BLACK-BELT SALES MEETING MOVES Copyright (C) 1990 John K. Mackenzie All rights reserved Dedicated to those who realize that most sales meetings are more important for those who give them, than they are for those who come to them. 1. Organize a...

How To Promote Your Home Business With Ebooks!
It's a fact! Giving away ebooks is one of the easiest ways to promote your business online. Many online entrepreneurs will agree. They've proven this time and time again with their own marketing efforts. It's surprising that many new...

Web Conferencing: A Boon to Businesss
It is Sunday evening and you are preparing again to go on a business trip. Monday morning the alarm goes off at 4:00 am, you drag your body and your briefcase to your car, drive to the airport, wait in a long line, get on a plane, get off a...

Work Priorities: Where Can You Spend Your Time Most Effectively?
Understanding where you can spend time most effectively requires concentration in three areas: Doing what you enjoy Concentrating on your strengths Understanding Job Excellence Let's start with doing what you enjoy. Your...

 
The Six Most Common Barriers To Sales Success


There are a variety of reasons and excuses behind poor sales lead management because the $10 to $2000 companies spend to generate each business to business inquiry largely go to waste. I call them Barriers To Sales success. Here are six of the most common which plague businesses today.

1.SENIOR MANAGEMENT DOES NOT CARE

Paid to lead the organization in the big picture issues of market strategy, quality and customer satisfaction, senior managers are tempted to dismiss operational fundamentals and assume all is well. They are not aware of the tactical need for complete lead follow up, rapid inquiry fulfillment, accurate qualification practices or actual measurement of communications and sales performance.

#2.SALES PEOPLE REMAIN UNINFORMED.

Unless they understand the potential value of qualified leads, salespeople (an independent minded breed) think they do not need help. Sales managers who fail to insist on follow up imply that leads are at best an option for slow days. Marketing departments that fail to qualify leads in advance will most likely contribute to the problem, giving leads a poor reputation.

3.POOR COORDINATION HOBBLES MARKETING AND SALES

Marketing and marketing communications people frequently have little idea of the quotas salespeople must meet, the timing of their sales contests, their need for seasonal boosts in lead volume, the products needing extra lead support and the geographical balance need to apportion leads sensibly among sales territories. Meanwhile ,the sales force does not understand why lead follow up reports are essential if marketing is to fine tune its advertising, mail and other promotion tools.

4.THE COMPANY MISMANAGES ITS PROSPECT LIST

Inquiries become orphans in a netherworld between marketing and sales. As a result, the company sends wrong information to inquirers, sends it late and does not tailor it to inquirers' specific interests. Marketing collects limited and uninformative data and updates them frequently. Marketing rarely compares

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separate databases - one for orders and one for inquiries, for example - and even more rarely merges them into a marketing information system.

5.MANAGEMENT DOE NOT HOLD SALESPEOPLE ACCOUNTABLE

Sales management does not insist on follow up and new prospect status reporting, even though it fusses and gripes over detailed expenses and call reporting.

6.MANAGEMENT DOES NOT HOLD MARKETING PEOPLE ACCOUNTABLE

Chief marketing officers do not hold subordinates accountable for lead handling performance.They do not insist ohm program return on investment reports, for example, evidence that inquiry generation ties in with company sales goals or analyses of inquiry source productivity.

All six barriers are the product of poor communications, inattention, lack of knowledge, human frailties and the sublime dysfunctionalities that lurk within all organizations. None is the result of weak strategies, poorly designed products, sloppy manufacturing, competitive pressures, government regulations or inadequate capital the classic management issues that pre- occupy most companies in the world today.

Steven Boaze (CEO) is The Owner of The Corporate Headquarters Boaze.com which houses and controls four companies (Web Development Technology - www.webdevelopmenttechnology.com) (Boaze Publishing - www.boazepublishing.biz) (Business Marketing Guide- www.businessmarketingguide.com) (Ezine Remedy- www.ezineremedy.com). Steven is also the author of "Hidden Secrets To Business Marketing" Ebook along with numerous articles on Marketing and Advertising published by Boaze Publishing.


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