Strategic Account Management Association

OCTOBER 26, 2021

In our organization’s work, we see much confusion and lack of clarity on executive sponsorship, even when it is in place. The SAM should be able to count on the help of the executive sponsor in amplifying the voice of the customer throughout the organization, particularly at the executive level.

Account Management 520

Account Management Co-Creation Leadership Procurement 520

Hubspot Sales

SEPTEMBER 14, 2023

In the past, sales managers often saw sales coaching as a means of correcting negative behaviors by providing real-time performance feedback. Unfortunately, this feedback often doesn't result in significant behavior change from the sales representative. Sales Feedback Benefits 1. Sales Coaching Benefits 1.

Procurement 107

Procurement Sales Construction Negotiation 107

Revenue Storm

MARCH 14, 2023

In a complex B2B sales cycle, there is rarely one decision maker. 3: “The decision is going to be made on price.” – Unless you are in a totally transactional sale, this is rarely ever true. In a B2B sales environment, there are always multiple influences that will come into play from people who are not interested in price.

Procurement 78

Procurement Value Proposition Decision-making B2B 78

Sales Outcomes

MARCH 18, 2024

In outsourcing businesses beyond IT (logistics & transportation, facility management, customer service, and back-office functions, to name a few), “my mess for less” procurement-led thinking drives much of the RFP (request for proposal) activity that sales teams respond to.

Transportation 52

Transportation Procurement Logistics Organization 52

Arpedio

DECEMBER 20, 2023

Sales forecasting is a critical process that enables businesses to project future sales activity and streamline their business strategy for better results and profitability. 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

Hubspot Sales

JUNE 18, 2018

In many cases, the discovery call -- the first call after connecting with a prospect -- is actually the most important in the sales process. It sets the tone for the entire relationship, both pre- and post-sale. Discovery calls are crucial for sales professionals to understand the details of a prospect’s situation.

Procurement 145

Procurement Sales Decision-making Prioritization 145

Mike Kunkle

FEBRUARY 5, 2023

“As in other studies we’ve done, this year’s enablement study found that sales process and sales methodology adoption rates above 75% resulted in above-average gains for revenue plan attainment, quota attainment, and win rates, with a big boost at adoption rates greater than 90%.” increase in revenue plan attainment 17.1%

B2B 198

B2B Sales Decision-making Negotiation 198

Hubspot Sales

NOVEMBER 5, 2019

If you’re in the business of selling to other businesses, the competition to land the sale can be fierce. With 58% of B2B buyers doing their own research before engaging with sales reps , many buyers are over halfway through the sales process before even speaking with a rep. Procurement auction. B2B Reverse Auction.

Procurement 74

Procurement Suppliers Government Manufacturing 74

Apptivo

APRIL 27, 2022

ERP, or Enterprise Resource Planning , is a type of system or software used by organizations to manage processes and automate activities such as accounting, project management, risk management, compliance. When most of the organization’s data resides in the ERP system, it provides an accurate report across businesses of the organization.

Supply Chain 98

Supply Chain Procurement Manufacturing Logistics 98

Arpedio

JANUARY 3, 2024

Key Takeaways The value chain and supply chain are two interconnected business concepts that contribute to an organization’s efficiency and effectiveness. Primary Activities The primary activities in a value chain are the core processes involved in the creation, sale and delivery of the products or services.

Supply Chain 52

Supply Chain Logistics Procurement Suppliers 52

Flevy

MARCH 8, 2022

Most organizations struggle to find a true strategic fit between their Corporate Strategies and their Supply Chain Strategies. For most organizations, they operate within a highly complex and globally interconnected Supply Chain. Aligning Supply Chain solutions to support the organization’s strategies has become increasingly difficult.

Supply Chain 111

Supply Chain Value Proposition Procurement Manufacturing 111

Revenue Storm

NOVEMBER 9, 2021

You are faced with the embarrassing and unenviable task of delivering bad news to your sales leader –the important deal you committed to in your sales forecast to close this quarter won’t in fact close this quarter after all. Then of course, you will have the joys of legal and procurement. Procurement approval: November 15.

Procurement 78

Procurement Decision-making Advertising Meetings 78

PartnerTap

JUNE 23, 2021

Whether your company has acquired three companies, or 300 companies, you know how hard it is to get sales teams working and selling together. Many acquisitions fail to generate the expected revenue growth because they can’t operationalize a joint sales motion. Here’s what Sales Reps need to Drive more Revenue post M&A.

Procurement 85

Procurement Acquisition Sales CRM 85

Hubspot Sales

MAY 30, 2019

We know that best-in-class sales organizations use a consultative sales process. A sales process is consultative when the stages and actions align with the customer’s buying experience and are defined in terms of the customer relationship. Consultative Sales Process. But what does that really look like?

Procurement 107

Procurement Negotiation Sales Leadership Sales 107

Zendesk

FEBRUARY 24, 2022

If you’re reading this, you probably have a solid idea of what’s required for a strong sales team: Lead generation. Consistent sales messaging. Personalized sales styles. Intelligently utilized sales software. The secret to a successful modern sales team isn’t the closers—it’s the people behind the scenes.

Sales 98

Sales Sales Analytics Procurement Software 98

QYMATIX

JULY 10, 2023

They also allow a cost-effective application of predictive analytics in Business-to-Business (B2B) sales. As customers increasingly move their buying operations to digital channels, including social media, internet and e-procurement, it is becoming harder to understand how buyers are indeed buying.

Sales Analytics 75

Sales Analytics Internet B2B Digitalization 75

Hubspot Sales

APRIL 17, 2018

Ask any sales rep what the hardest part of their job is, and I’ll bet they’ll say “closing.” 17 Sales Closing Mistakes to Stop Making Right Now. At the end of the third meeting, you could ask them to connect you with procurement so you can start learning about their purchasing requirements. Closing only once.

Procurement 141

Procurement Decision-making Negotiation Sales 141

Hubspot Sales

AUGUST 5, 2019

Delivering value, making the ROI case, retaining customers, growing accounts, recruiting top talent, forecasting, implementing a sales process, using sales technologies, winning against the competition, developing sales managers, coaching sales teams, generating leads, onboarding, productivity, compensation.

Procurement 91

Procurement Sales Sales Management Negotiation 91

Showpad

NOVEMBER 11, 2020

Sales enablement is a framework specific to each company — one size does not fit all. . If your organization is aiming to improve sales effectiveness, leverage marketing collateral and win deals faster than ever before, a sales enablement program is a productive place to start. What is sales enablement?

Sales 72

Sales Procurement Innovation Sales Management 72

Brooks Group

SEPTEMBER 8, 2022

I continue to read in surveys from The Wall Street Journal and other places, that companies are still struggling with sales. One is that sales teams need to be agile – not fragile. It’s not just one person inside of an organization that are making the buying decisions. Marketing and sales need to be aligned.

Procurement 52

Procurement Decision-making Sales Sales Training 52

Revegy

JANUARY 18, 2021

In a webinar with Nancy Nardin of Smart Selling Tools, and Mark Kopcha, CEO of Revegy, discussed the importance of relationship intelligence and the relationship map drive sales success. In particular, relationship intelligence is missing from sales force automation. How Does CRM Tackle the Relationship and What’s Missing?

CRM 119

CRM Procurement Stakeholders Facilitation 119

Flevy

JUNE 22, 2022

With ubiquitous Disruption threatening the technology infrastructure and Operating Models of organizations on a consistent basis, it’s an unrelenting challenge for senior leadership to create an enterprise proficient in introducing offerings in line with customers’ requirements and of desirable utility. Capabilities. Competitive Advantage.

Procurement 110

Procurement Leadership Banking Manufacturing 110

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. Senior leaders control budgets, set strategy, and have the authority to champion major initiatives across the organization. Why is selling to the C-suite so critical?

Decision-making 71

Decision-making Logistics Supply Chain Suppliers 71

PandaDoc

APRIL 19, 2023

Purchase order requisitions are often required in large businesses with formal procurement processes. Some organizations dictate that a requisition is required when a purchase exceeds a certain threshold. As such, a requisition provides authorization, together with an accurate record of external purchases.

Procurement 52

Procurement Suppliers Banking Digitalization 52

Sales Outcomes

MAY 3, 2021

In outsourcing businesses beyond IT (logistics & transportation, facility management, customer service, and back-office functions, to name a few), “ my mess for less” procurement-led thinking drives much of the RFP (request for proposal) activity that sales teams respond to. . Print-For-Less. Print-Less. Printer-Less.

Transportation 52

Transportation Procurement Logistics Organization 52

Strategic Communications

NOVEMBER 11, 2021

There is often tension between marketing and sales in many organizations. Shouldn’t these two functions be closely aligned to most effectively achieve the revenue and ROI goals of the organization? In a 2013 Harvard Business Review article , “Why Sales and Marketing Don’t Get Along,” authors Andris A. Zoltners, P.K.

Marketing 52

Marketing Co-Creation e-Learning Sales 52

Revenue Storm

SEPTEMBER 14, 2021

Too often, we are consumed by the constant flood of email responses, sales meetings, action items, chats, and texts. The initial negotiations were happening with procurement when we first became involved in the deal. This was good for the sales team and a better deal for the customer!

Procurement 78

Procurement Negotiation Stakeholders Meetings 78

Miller Heiman Group

JULY 30, 2019

To succeed in modern manufacturing sales, sellers must identify each of these buying influences and tailor their messaging to address their specific needs and wants. This statistic is reflected in sellers’ performance, as the World-Class Sales Practices Report revealed only 56.9% Four Key Buying Influences in Manufacturing Sales.

Manufacturing 61

Manufacturing Supply Chain Procurement Decision-making 61

SBI

JULY 15, 2021

Sales Execution 101: Creating Account Visibility. The most critical factor in successful sales execution is having the right foundation. First and foremost, having visibility into account plans will enable your sales team to stay flexible and agile. Download The Ultimate Guide to Sales Execution. Linkedin.

Procurement 57

Procurement Account Planning Sales Stakeholders 57

Luminas Strategy

NOVEMBER 1, 2022

Sales visits, trade shows, and demonstrations present opportunities to engage with customers and highlight your knowledge, experience, and the ability to solve problems at scale are key differentiating factors that can make or break your growth curve. Link marketing and sales to the supply chain.

Supply Chain 52

Supply Chain B2B Marketing Digitalization 52

Insightly

NOVEMBER 17, 2022

10 CRM Best Practices to Maximize Sales and Customer Service Performance. Customer relationship management (CRM) systems are powerful tools for integrating sales and marketing activities and driving customer relationships. Consider factors such as CRM selection, customization, buy-in from the organization, training and rollout.

CRM 52

CRM Decision-making Onboarding Procurement 52

PandaDoc

NOVEMBER 2, 2023

Much like a chameleon changes colors to blend in diverse terrains, sales order automation (SOA) solutions fit different platforms, equipping businesses with more customer-centered services. Employees appreciate sales order automation for the extra time it frees up, and they feel a stronger sense of loyalty to companies that implement SOA.

B2C 52

B2C Supply Chain CRM e-Learning 52

PandaDoc

NOVEMBER 25, 2022

Probably the most popular approach to complex B2B sales, solution selling has been around for decades. It is still being taught to many sales reps around the world, and there are compelling reasons to do so. Nurture a contact within the customer’s organization. Personalization has a strong effect on sales effectiveness.

Procurement 52

Procurement e-Learning Publishing Decision-making 52

SBI Growth

JULY 5, 2013

The VP of Sales realizes this but won’t act. 15 minutes of each reps’ time will give your organization: A much larger network of prospects and influencers. If your organization has done buyer persona work, bucketing by persona is effective. 3 years ago he ran into Melissa who was a Procurement Assistant.

Procurement 123

Procurement Sales Software Software 123

DemandFarm

AUGUST 31, 2023

Yes, sales, as we knew it, is history! Welcome to the digital age of sales! Because diving head-first into the digital sales ocean isn’t just about chasing the latest technology; it’s about genuinely understanding your customer. As Julie Lentz, Head of Industry Retail Sales, Google puts it: “ Selling is a science, and an art.

Digitalization 52

Digitalization Retail Sales Decision-making 52

Mercuri International

MARCH 8, 2022

Value-creation focused selling is essential for sales and marketing organizations. In order to become customer-value oriented and value-creating in your sales you need to understand what customer value is and how to create it. Can your sales help your customer win more customers? Productivity. Risk-reducing values.

Sales 52

Sales Suppliers Artificial Intelligence Customer Value 52

PandaDoc

APRIL 11, 2023

How highly would you rate the importance of follow-up in sales? For many organizations, it’s a crucial part of their strategy. What is a sales follow-up and why is it important? You can divide your sales follow-up targets into three broad categories. Anyone who’s made a purchase from you before is worth a sales follow-up.

Sales 52

Sales e-Learning Small Business Procurement 52