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  • Will You Add? - Common Time Wasters of Sales Professionals

    A Guide To Contract Manufacturing
    Contract manufacturing is defined as outsourcing or contracting out the manufacturing services of a business to an external firm, business or third-party vendor. Manufacturing services include manufacturing the product to required specifications, engineering the product and designing and manufacturing the product.The classic value chain of a manufacturing business is comprised of the following activities: inbound goods, manufacturing, outbound goods and marketing. Other activities such as human resources, finance and R&D are periphe
    ed strategy, not just a self-contained action)
    Casual drop ins (unless they’re existing clients, and have been scheduled, not just to fall back on because prospecting is seen as the tougher option)
    Giving gifts/corporate souvenirs to people before they even become clients (it’s like a tacky bribe!)
    Doing deals on
    Registered Nurse Salaries
    Registered nurses offer professional and qualified nursing service for families, individuals, communities, and groups. They provide health-education programs to promote, maintain, and restore patient health. Registered nurse salaries vary according to the type of nursing, years of experience, and geographic location. It is generally dependent on the schedule, requirements, work load, experience, and training of the individual. Educational qualifications and responsibilities are other factors that affect registered nurse salaries.Ove
    So very few small businesses collect and use statistical data about the effectiveness of activities relating to the sales process, and as a result many business owners and sales managers are insisting that their staff undertake activities that are wasting time, and robbing both the company and the sales staff of income.

    Case Study – Real Estate Agency

    A well-known agency insisted that its sales staff spend an hour a day door knocking their neighbourhood, introducing themselves to home owners who might be potential sellers. At the same time it did not insist that telephone contact was undertaken, and nor was there any strategic approach to telemarketing.

    Statistical collection and analysis showed that the door knocking was not an effective use of the sales team’s time, and that more coverage, with better outcomes, could be obtained by having a strategic in-house telemarketing program that developed strong loyalty and public profile.

    Other Time Wasters

    Here is a brief list of other activities that are too inefficient for the sales person to spend time on and/or actually prevent sales staff from engaging in sales activities:

    Hanging around shopping centres handing out pamphlets
    Letterbox dropping
    Sponsorships (unless they are a well-planned strategy, not just a self-contained action)
    Casual drop ins (unless they’re existing clients, and have been scheduled, not just to fall back on because prospecting is seen as the tougher option)
    Giving gifts/corporate souvenirs to people before they even become clients (it’s like a tacky bribe!)
    Doing deals on

    War Time Hiring: 5 Steps to Attract Top Talent
    A recent report, titled "The War for Talent" stated that over the next 20 years, employee talent will be what differentiates successful companies from those going bust. The late 90’s gave us a glimpse of the talent war, but was nothing compared to what’s ahead. Here are five ways to bulletproof your company before the battle begins.Practice What You PreachRecent studies of America’s largest companies show that a strong reputation for moral and ethical conduct performed better financially in terms of their returns on investme
    b>Case Study – Real Estate Agency

    A well-known agency insisted that its sales staff spend an hour a day door knocking their neighbourhood, introducing themselves to home owners who might be potential sellers. At the same time it did not insist that telephone contact was undertaken, and nor was there any strategic approach to telemarketing.

    Statistical collection and analysis showed that the door knocking was not an effective use of the sales team’s time, and that more coverage, with better outcomes, could be obtained by having a strategic in-house telemarketing program that developed strong loyalty and public profile.

    Other Time Wasters

    Here is a brief list of other activities that are too inefficient for the sales person to spend time on and/or actually prevent sales staff from engaging in sales activities:

    Hanging around shopping centres handing out pamphlets
    Letterbox dropping
    Sponsorships (unless they are a well-planned strategy, not just a self-contained action)
    Casual drop ins (unless they’re existing clients, and have been scheduled, not just to fall back on because prospecting is seen as the tougher option)
    Giving gifts/corporate souvenirs to people before they even become clients (it’s like a tacky bribe!)
    Doing deals on

    Pros and Cons of Limited Liability Corporations
    A limited liability company or LLC is a business organization that is a hybrid between partnership or sole proprietorship and corporation. Limited liability corporations are known to allow the most flexible management agreements. They also give a lot of freedom regarding allocation of income. This means that the members are allowed to distribute the income in any way they wish, as agreed upon by all of them, without the need for additional filings.Similar to the owners of partnerships or sole proprietorships, LLC owners report busin
    roach to telemarketing.

    Statistical collection and analysis showed that the door knocking was not an effective use of the sales team’s time, and that more coverage, with better outcomes, could be obtained by having a strategic in-house telemarketing program that developed strong loyalty and public profile.

    Other Time Wasters

    Here is a brief list of other activities that are too inefficient for the sales person to spend time on and/or actually prevent sales staff from engaging in sales activities:

    Hanging around shopping centres handing out pamphlets
    Letterbox dropping
    Sponsorships (unless they are a well-planned strategy, not just a self-contained action)
    Casual drop ins (unless they’re existing clients, and have been scheduled, not just to fall back on because prospecting is seen as the tougher option)
    Giving gifts/corporate souvenirs to people before they even become clients (it’s like a tacky bribe!)
    Doing deals on

    Mobile Marketing: Why This Method Of Advertising Is Working
    In the digital age, companies that want to stay ahead need the tools to do so. Mobile marketing is one of those tools. This method of advertising allows businesses to connect to those that they need to, effectively. It allows the organization to spend messages to mobile phones to promote a product or a service. It also for them to tell their targeted audience that the store parking lot they just pulled into has something on sale. Or, it allows them to know that today is the last day for the lowest price of the seasons. Mobile marketi
    Time Wasters

    Here is a brief list of other activities that are too inefficient for the sales person to spend time on and/or actually prevent sales staff from engaging in sales activities:

    Hanging around shopping centres handing out pamphlets
    Letterbox dropping
    Sponsorships (unless they are a well-planned strategy, not just a self-contained action)
    Casual drop ins (unless they’re existing clients, and have been scheduled, not just to fall back on because prospecting is seen as the tougher option)
    Giving gifts/corporate souvenirs to people before they even become clients (it’s like a tacky bribe!)
    Doing deals on

    Payroll Software Companies
    Payroll software companies are companies that provide payroll software programs. Payroll software programs are written computer programs which are meant to handle payroll and tax filing activities of a company either small or big. Payroll software programs from these payroll software companies make your payroll reporting and tax filling much easier and reduce the time lag. Payroll software companies provide payroll software programs which can be used on weekly, biweekly or monthly manner.With company to company, the cost of payrol
    ed strategy, not just a self-contained action)
    Casual drop ins (unless they’re existing clients, and have been scheduled, not just to fall back on because prospecting is seen as the tougher option)
    Giving gifts/corporate souvenirs to people before they even become clients (it’s like a tacky bribe!)
    Doing deals on the basis of a verbal agreement – no paperwork, doh!
    Not having a proven schedule of activities, not diarising, documenting, tracking or analysing these activities
    Being unaccountable
    Allowing proven selling activities to be shoved aside (eg, not turning up to a networking event because a client called – unless that client is leaving the country, this one is plain dumb because you are killing the goose that laid the golden egg!)
    Turning office time into a social exercise

    How to Assess Activities So You Choose the Most Effective

    There’s only one way, and that’s to know your stats. Have a written plan of your sales activities, schedule them on a very strict basis, track their results, and analyse results regularly. If an activity cannot justify its existence or compete against better-performing activities, drop it like a hot cake!

    If you set this up on a well-formulated spreadsheet it will spit out the meaningful statistics automatically, on a daily basis. Very few companies do this, and that’s why so very few companies actually survive. No-one would argue against the fact that it would be stupid to try to run a company without keeping financial records – and yet the majority of SME’s run their sales team without keeping adequate activity record

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