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All Blog Posts from Sales Machine

Generate leads like a management guru

Peter F. Drucker is seen in this recent but undated photo made available by Claremont Graduate University, Friday, Nov. 11, 2005.

(Credit: CBS)
One of the authors who is always on my Kindle is the late management guru, Peter Drucker, who I think is a role model for lead generation.

Drucker once said, "There is only one valid definition of business purpose: to create a customer." To do this, a sales person must answer three classic questions Drucker posed in his 1954 book, "The Practice of Management": What is our business? Who is our customer? What does our customer consider valuable?

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Branding with a better website

What is your website saying about your brand? I've looked at more than 750 business websites for clients and their competitors in their industries in the last two years. The majority are blah and do not build the brand.

All of this is happening at the exact moment that these companies are saying that they want to stand out from the market clutter. If you want to take your brand to the next level, try these website tips:

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Smarter ways to hunt for new business

(Credit: image courtesy of flickr user www.huntfishguide.com cc)
Who doesn't want to land new business that will take their company to the next level? The desire to find new business is often on a basic emotional level ("me want more revenue"). The more emotion is connected to the hunt, the more logic leaves the discussion of what you should pitch.

When hunting for new business, sometimes sales people can pull the tiniest scrap of data about a prospect and make an enormous projection about what the prospect will or will not want. This can lead to some very dangerous conclusions. Here are five logical ways to hunt for new business:

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How to sell more using one magic word

(Credit: Patrick Lin)
This is the year for all sales people to learn a new language to increase their sales. No, not Chinese, Spanish or Korean (although those are all good ideas, too). Learn how to sell more with the tongue that contains the sweetest words of all to a prospect: the language of increase. Here are four ways to attract more revenue with these magic words:Continue »

Where are the sales jobs?

(Credit: Image courtesy of Flickr user 401k)
There are more than 45 million people in the U.S. who have jobs in sales. These include not only sales professionals, but business owners, entrepreneurs and those in related occupations whose businesses live and die by getting money to flow toward the opportunities they represent. Continue »

The silent killer: Your In box

(Credit: image courtesy of flickr user Rich_Lem cc)
Chinese New Year tells us this is the year of the dragon. In their book Slay the E-Mail Monster, authors Mike Valentine and Lynn Coffman chose an Asian dragon to adorn the cover as a symbol of the monster problem all office workers and managers must face.

Their advice: Kill the e-mail dragon before it kills you. In sales, there's no time to waste being unproductive. You can't land deals when you're constantly landing in a black hole of emails.

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4 ways to overcome price resistance on sales

(Credit: Photo by Sean Gallup/Getty Images)
Attention, Shoppers: J.C. Penney (JCP) is making headlines because they are not having a sale. There is a lesson to be learned here on price resistance for sales people.

Remember the days when retailers like Sears (SHLD) and J.C. Penney were always offering a great deal? A sale was once a big event, but then it was overused and became an everyday occurrence.

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Super Bowl ads: Best, worst, and weirdest

(Credit: iStockphoto)
The annual competition between the titans of Super Bowl advertising is over. Now it's time to evaluate the game and call out winners and losers.

I rank these ads differently than others. I'm not thinking about how creative, memorable or brand iconic the ads were. My world is sales -- and selling is about behavior. So I looked for the ads that created the greatest potential for creating action. Here's my breakdown:

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Win big deals without being lucky

(Credit: iStockphoto)
"Leave nothing to chance." That's the advertising line for Dustin Hoffman's new HBO dramatic series "Luck" that made its debut this week.

"Luck," unlike recent racetrack movies like "Seabiscuit" and "Secretariat," is not about the glamorous world of horse racing. Rather, this is the not-so-pretty reality of racing. Series creator David Milch ("Deadwood") takes a dark look at the gritty underbelly of the sport.

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How the Super Bowl and landing big deals differ

(Credit: Andy Lyons/Getty Images)
Sports-addict sales people, take heed. Contrary to the popular expression, in the world of sports, winning isn't everything. It turns out coming in second isn't bad either. When you come in second in a close game, you still walk away with a decent check in your pocket. When you're used to operating in the world of sales, this lesson can be a dangerous cross over. There are a number of ways in which big deals translates to sports. Winning big deals is not one of them. In sales, there's no prize for coming in second.
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