Revenue Storm

NOVEMBER 9, 2021

We took someone’s word that they were moving ahead with us, without having much insight into the full decision-making process. Closure plans are absolutely critical for complex B2B deals where there are multiple authorizers, a formal sign off process, and then a commercial and legal process that takes place with procurement.

Procurement 78

Procurement Decision-making Advertising Meetings 78

PartnerTap

JANUARY 17, 2024

Many companies pointed to the general market conditions in 2023 or noted that buyers were taking longer to make purchasing decisions for their companies. And when possible – buyers would love to get out of going through the procurement and new vendor setup processes and get their hands on their new purchases more quickly.

Procurement 59

Procurement Suppliers Sales B2B 59

Account Manager Tips

MARCH 23, 2021

Account growth, renewals and advocacy are difficult for indirect suppliers because procurement focus on spend management. Key account management is resource-heavy and to deliver a return on investment, the focus must be on clients that meet these requirements: Growth. But (and it's a big but). The answer? Credibility and trust.

Key Account Management 246

Key Account Management Account Management Management Suppliers 246

Arpedio

DECEMBER 20, 2023

With the right sales forecasting techniques, businesses can make informed decisions to allocate resources, adjust inventories, and manage their sales teams effectively. Whether you are a small business owner or a large corporation, sales forecasting can help you make informed decisions that improve your bottom line.

Decision-making 52

Decision-making Profitability Procurement Sales 52

Nutshell

JUNE 5, 2020

When GumGum , an AI image recognition software firm, wanted to reach decision-makers at T-mobile, they knew that traveling the beaten path of sending outbound emails wouldn’t work. . And within a few days, a meeting was set and GumGum won the account. . Related: What’s the craziest thing you’re ever done to make a sale?

Procurement 96

Procurement Value Proposition B2B Decision-making 96

Brooks Group

MARCH 28, 2024

As buying processes grow more complex, it’s becoming increasingly important for sales professionals to gain access to senior executives and C-level decision makers. Today’s major purchasing decisions often involve cross-functional buying committees that include executives from the C-suite. Your prospect lacks budget authority.

Decision-making 70

Decision-making Logistics Supply Chain Suppliers 70

Hubspot Sales

APRIL 17, 2018

After all, signing new customers and upselling existing accounts is how a rep makes quota. Here are 17 of the most prevalent -- and devastating -- closing fumbles I see reps make. 17 Sales Closing Mistakes to Stop Making Right Now. But if the rep says, “ Can you meet on Monday afternoon? ” Closing only once.

Procurement 138

Procurement Decision-making Negotiation Sales 138

Hubspot Sales

NOVEMBER 5, 2019

With customers having access to more information than ever, how can you make your offering stand out? For buyers, there are many benefits of conducting a reverse auction, including: Competitive pricing — Because sellers are competing with one another to win over the buyer, pricing is a major factor in the decision-making process.

Procurement 70

Procurement Suppliers Government Manufacturing 70

Apptivo

APRIL 27, 2022

An ERP system brings together business processes of an enterprise, which makes it possible to improve performance and enhance project management abilities which, in turn, helps plan, budget, predict and report the organization’s processes and financial status. The Sourcing and procurement module. The Manufacturing module.

Supply Chain 98

Supply Chain Procurement Manufacturing Logistics 98

Mike Kunkle

FEBRUARY 5, 2023

Sellers sometimes work with professional procurement leaders and company executives who work together frequently and have processes and policies to guide their purchase pursuits. click the image to see a larger version] This makes sense, right? Some committees hum; others are more like a ragtag band of misfits.

B2B 198

B2B Sales Decision-making Negotiation 198

Openview

MAY 29, 2019

The LTV of an enterprise customer can be extraordinarily high, making the extra effort to land them well worth it. And making decisions about how far you should go to support the enterprise can be gut-wrenching. It’s hard to parse what enterprise SaaS buyers want, versus what they actually require.

Procurement 93

Procurement Decision-making Account Management Meetings 93

Red Star Kim

FEBRUARY 8, 2024

Our target markets span large and small businesses; private, public sector and not for profit sectors; centralised and decentralised buying processes; procurement and user-led purchasing behaviour. So targeting is often more important and more challenging.

Value Proposition 130

Value Proposition Key Account Management Digitalization Sales 130

Account Manager Tips

JUNE 29, 2021

Build relationships with decision-makers and expand your network. Close any gaps in your solution, meet all commitments and ensure your client is satisfied. Do you make the first move and present a compelling proposal that positions you as the partner of choice? Clients use bid decision criteria to decide who wins the contract.

Suppliers 246

Suppliers Shareholders Stakeholders Decision-making 246

Revenue Storm

APRIL 19, 2022

The Sales Leader decided this recurring challenge required some new thinking – out of the box thinking, and set up the workshop with the following structured agenda: Make the Client Promise. Invitations were presented to key decision makers across the target client and calls/visits were initiated. Sound familiar? Establish Credibility.

Procurement 78

Procurement Brainstorming Sales Training Suppliers 78

Account Manager Tips

JUNE 23, 2020

Don't ever do an important meeting alone. For example, right now a lot of procurement teams are focused on stabilising their supply chain, which means less reliance on single sourcing. Before COVID-19, single sourcing was the big thing: because one supplier for everything makes it easy. It's all your fault. If you know, talk.

Key Account Management 182

Key Account Management Account Management Management Suppliers 182

Account Management Skills

JUNE 8, 2021

One of the things that account managers who come on my Account Accelerator programme tell me is that they have a barrier to growing existing business, because they don’t feel like they’re talking to the decision maker. So don’t fall foul of that and make sure that you do that research to start with.

Procurement 40

Procurement Decision-making Account Management Investors 40

Hubspot Sales

AUGUST 19, 2018

They define their prospects’ decision criteria early on. Great closers don’t just spew information and hope the prospect will bite; instead, they work with their prospects to make sure that a sale will be mutually beneficial. Great closers don’t ever risk their time by making assumptions. They know that a close goes both ways.

Negotiation 127

Negotiation Stakeholders Procurement Decision-making 127

Hubspot Sales

APRIL 12, 2021

As your clients start to get more complex and their contracts become more valuable, you may notice your sales cycles lengthening and becoming more complicated in service of procuring larger, more valuable deals. With self-service, your potential customers go through decision-making, testing, and paying for the product at their own pace.

Marketing 95

Marketing Sales Retail Decision-making 95

Apptivo

JUNE 20, 2022

Project management is the process of planning and implementing a project to meet certain objectives, by following a pre-determined schedule and action plan. Quality management ensures that every employee produces outcomes that meet the quality standards that you agreed upon during the planning phase. What is Project Management?

Management 52

Management Procurement Stakeholders Decision-making 52

PandaDoc

NOVEMBER 25, 2022

LinkedIn advertising allows precise targeting, meaning you can contact the decision-makers directly and lower the costs of customer acquisition. Procurement departments are better at determining the company’s needs. Use a call or a meeting to discuss your offer and see whether you are a good fit for a specific company (and vice versa).

Procurement 52

Procurement e-Learning Publishing Decision-making 52

Miller Heiman Group

FEBRUARY 28, 2019

Stakeholder management is complicated—because it involves an ever-expanding number of roles who influence purchase decisions at an organization. During conversations with the main point of contact, ask questions to understand how the company will make the final buying decision. Understand the Decision Dynamic.

Stakeholders 106

Stakeholders Procurement Decision-making Organization 106

Hubspot Sales

MAY 30, 2019

Each stage should define the objective, best practice activities, tools, models, and customer actions that signal readiness to advance to the next stage (for example, the customer agrees to a meeting in stage one or provides access to the executive buyer in stage two). Make sure that's clear for your prospect.

Procurement 106

Procurement Negotiation Sales Leadership Sales 106

Miller Heiman Group

JULY 30, 2019

In the past, manufacturing sellers could succeed by working with one or two decision-makers, developing friendships with handshake deals were agreed upon at the ballgame, on the golf course or during extravagant dinners. All this has changed. Now according to CSO Insights’ 2018 Buyer Preferences Study , sellers face an average of 6.4

Manufacturing 61

Manufacturing Supply Chain Procurement Decision-making 61

Hubspot Sales

NOVEMBER 6, 2017

For example, if your champion was supposed to introduce you to someone in Procurement, but they never followed through, your follow-up question might be, “ When do you want to start implementation? For example, let’s say your goal or close involves getting the right people in your demo, including decision maker Jerry.

Procurement 130

Procurement Decision-making Meetings Sales 130

PandaDoc

APRIL 3, 2023

The sales and operations planning process should guide your inventory-related decisions, and it should help you develop better relationships with your customers, but “should” can only take you so far on its own. A quick note : Proper planning software makes this step significantly easier to complete. What is S&OP?

Supply Chain 52

Supply Chain Sales Decision-making Procurement 52

SalesGlobe

SEPTEMBER 12, 2023

But impactful account planning can make the difference between a sales team having sporadic performance and a sales team getting consistently great performance and reaching a higher level of aspiration with the business. What Are the Executives’ Decision-Making Styles? What Are Your Challenges Working with the C-Suite?

Account Planning 52

Account Planning Procurement Decision-making Manufacturing 52

Brooks Group

SEPTEMBER 8, 2022

We’re rapidly approaching the end of our third quarter, and we’ve got just a few months left in 2022 to either make or break the year. . And what we’ve seen in the past is that companies that are disciplined are rewarded, and those that do not pivot or make appropriate changes are punished in the marketplace. .

Procurement 52

Procurement Decision-making Sales Sales Training 52

Corporate Visions

APRIL 3, 2018

Sarah can’t close enough deals to meet her goals. She loves being in the clinic talking to doctors, and she dreads talking to procurement staff, or worse, hospital executives. She loves being in the clinic talking to doctors, and she dreads talking to procurement staff, or worse, hospital executives. Centralized Procurement.

Procurement 40

Procurement Healthcare Investors Insurance 40

Revenue Storm

JULY 13, 2021

When responding to a known need, maybe through an RFP/RFI process, the project and procurement team charged with selecting a supplier must be convinced. Then, by mapping our client organization, we can determine who the key decision makers would be that could say yes to our business value proposition. Next, let’s consider who wins.

Value Proposition 78

Value Proposition Procurement Suppliers Profitability 78

Planview

MAY 5, 2023

The AWS ISV Accelerate Program provides Planview with co-sell support and benefits to meet customer needs through collaboration with the AWS field sellers globally. A complete overview of ongoing projects helps leadership make data-driven decisions. Discover the five reasons why partnering Planview will make the difference.

Innovation 59

Innovation Manufacturing Procurement Healthcare 59

OnStrategyHQ

MARCH 25, 2022

Therefore, when identifying strengths and weaknesses, it is equally important to consider internal factors that assist your organization in meeting customer needs (such as customer service) as it considers current markets’ and customers’ needs within your control. We are over-processed and spend too much time in meetings.

Procurement 98

Procurement Brainstorming Organization Construction 98

DemandFarm

AUGUST 31, 2023

Data is the IQ and knowing what to do with it, or understanding the humans that make decisions based on that data is EQ. ” – ( Snippets from episode #11 of The Shift podcast ) The tools have changed, but the core remains the same. Think of data like your GPS on this journey, guiding you through the maze of decision-making.

Digitalization 52

Digitalization Retail Sales Decision-making 52

Account Manager Tips

JULY 9, 2020

A thoughtful 30 60 90 day plan will impress everyone you meet during the job interview process, and your new manager will breathe a huge sigh of relief, knowing you're prepared and ready to take responsibility for your own onboarding. You never get a second chance to make a first impression. Or will you make a clean break?

Account Management 130

Account Management Management Key Account Management Stakeholders 130

Hubspot Sales

MAY 29, 2019

Making that transition and becoming an effective coach and leader aren’t easy. One of your first acts as a sales manager should be to set up meetings with each person on your team. Below are a few questions that you can ask in your initial meetings with your team members: What does success mean to you? Potential value: $100.

Sales Management 121

Sales Management Management Sales Meetings 121

Showpad

MAY 24, 2022

You’re the one who knows the customer journey’s a bowl of spaghetti, and there’s nothing you can do but meet buyers where they’re at. A single stakeholder rarely makes B2B purchases anymore. Multiple people weigh in, from leaders to end-users to procurement and financial partners. And right now, sales needs your help.

Procurement 52

Procurement Sales Analytics e-Learning Digitalization 52

Hubspot Sales

AUGUST 7, 2018

Understanding the reasons why a prospect became a customer, opted for the competition, or made no decision at all makes your sales process all the stronger for future bids. Just make sure not to ask all of them -- in-person interviews should be no longer than 15-20 minutes.). Did you define your decision criteria?

Procurement 70

Procurement Decision-making Logistics Stakeholders 70

DemandFarm

MARCH 31, 2023

Ensuring the entire organization is part of the change, making everyone an advocate and engaging the whole team will in turn make the adoption of Digital Key Account Management easier. Make the most of advocates If you have a great advocate who’s senior, help them learn more by introducing them to other customers.

Key Account Management 52

Key Account Management Account Management Digitalization Management 52