"*" indicates required fields
BLOG
SALES PERFORMANCE AND LEADERSHIP DEVELOPMENT INSIGHTS FROM AMY FRANKO
In Smart Business: How CEOs Can Drive Sales Performance
As CEOs look to bounce back from the upheaval of the last two years, growth is by far the greatest challenge they face. In Amy's latest article for Smart Business Magazine, she shares five things CEOs need to know to think strategically about sales. Read it here. For more sales and business development strategies, download Amy's new eBook, Social Capital: Build Stronger Relationships & Grow Your Sales.
7 Sales Coaching Best Practices for Sales Leaders
Most sales leaders invest little time in sales coaching. But coaching is what makes the best sales leaders –and the best sales teams– stand apart. Whether you're a modern seller or a sales leader, having a great coach can make all the difference. According to Aberdeen Research, companies that provide real-time, deal-specific sales coaching increased revenue by 8.4% year-over-year – a 95% improvement over companies that don’t provide that level of coaching. Everyone needs a great coach behind them. I got my start in sales as a quota carrying sales representative for IBM. Even as a sales rookie, I could see the first- and second-line sales leader roles were among the toughest in the organization, with immense responsibility and pressure. For most sales leaders, this is a shift from the individual contributor role, where you are only responsible for your own sales territory and your own quota. No matter your...
The Need for Speed: How to Build Sales Agility
Agility can make or break an organization. That has become crystal clear as we cope with continued disruption in business and in the world. But have you ever considered that agility is also an integral asset to us as sales professionals? Sales agility will help you remain optimistic and harness opportunity, even through uncertainty. It is what teams need from their leaders, and what your prospects and customers are looking for from you as a trusted, strategic advisor. You may have seen or heard me mention sales agility before. It’s one of the five capabilities I cover in my book, The Modern Seller. Agility is the ability to strategically and decisively pivot to grow sales and best serve your clients. Two decades ago, organizations sought out talent with skills like technical mastery, self-motivation, and confidence. Flash forward, and there has been a skills evolution. Today, adaptability/versatility and...
4 Signs You Need to Engage a Sales Consulting Firm
David Allen, one of the world’s most influential thinkers on personal productivity, has said, “You can do anything – but not everything.” If you’re a sales or business leader looking to solve big challenges, a sales consulting firm can help. Especially given the current workforce trends and the “Great Resignation,” consultants offer an effective solution to expanding the depth and breadth of your team. According to Oxford Economics Workforce 2020 Report: The Contingent Workforce, "83% of executives worldwide say they are increasingly using contingent, intermittent, or consultant employees." This article will explore four signs that your organization should hire a sales consulting firm. First, let’s look at the difference between sales training and sales consulting. Sales Training...
Level Up the Customer Experience to Influence Sales Growth
Recall a recent buying experience. It could be a product, or service. Something new. Or something you’ve purchased many times over. How did you make your decision? What research did you do? What was the overall customer experience like? What went well? Would you point out opportunities for improvement? Would you purchase that same product or service again? Would you potentially buy more of that same product or service, or buy different products or services from the same organization? According to Microsoft, "90% of Americans use customer service as a factor in deciding whether or not to do business with a company. (Microsoft)" We talk lot about B2C and B2B in the world of sales (via Hubspot). But in the end, we are all looking to solve specific problems and find value in the products or services we purchase. It’s likely our own prospects are undergoing a similar decision-making process that we undergo...
Growth Mindset and High-Value Sales Opportunities
How fast you bounce back from adversity depends on a growth mindset. There’s a quote I love from Sir Richard Branson, “business opportunities are like buses, there’s always another one coming.” Whenever I hear or see that quote, I think of when I lost a big sales opportunity. It was one of those opportunities where every sign was positive. One of those opportunities with great customer momentum; they loved my approach and the solution I had to offer. This was high value in terms of the type of work, the deal size, and the customer relationship – it would’ve made a big difference to my year. You know those opportunities. The scheduled follow-up call was simply a formality in moving forward. I was excited to take this call! A short seven minutes later, the call was over and I had lost to a competitor. Why did I lose? It came down to one area where they perceived the competitor to have a more compelling...
10 Sales Strategy Books Every Sales Professional Needs to Own
Statistics show that top business leaders read a book a week. They know…. you are what you read.
So, as a sales professional or sales leader, what books are on your bookshelf?
As I consider my own library, there are dozens upon dozens of titles in it you’d recognize. And some that you wouldn’t. Out of all my books, a handful jump out as having made the biggest impact on me as an entrepreneur, sales professional and sales leader.
These are the 10 books I recommend for sales professionals and sales leaders.
Why Your Energy is Important in the Sales Process
Do you bring the right energy to the sales process? This is an especially important question when so much of our business is conducted virtually now. In this episode of the Scale Your Sales podcast, Amy discusses energy with host Janice Gordon. The Scale Your Sales weekly podcast, dedicated to learning from amazing experts and influencers to help you on your sales journey to scale your sales. 00:00 Why Your Energy is Important in the Sales Process. 01:28 With the pandemic, it is necessary to adapt to virtual. 04:33 Why maintaining your positivity and energy are important in the sales process. 05:56 Amy’s book: The Modern Seller, and the entrepreneurial idea behind this book. 09:51 Why as an entrepreneur, the company's growth is based on your ability to build customer relationships. 11:44 Why there is more awareness, more action, and more pressure to get women into a Sales Career. 3:23 Why take the...
A Life You Love: The Modern Seller Podcast
Sales is the BEST JOB EVER! Thanks Jennifer Fisher, MBA for hosting me on "A Life You Love" podcast. On her show, Jennifer tackles sales questions, tips, and tricks while helping you overcome challenges to build a life you love in sales - all while having fun doing it! In this episode, I talked to Jennifer about what it means to be a Modern Seller and the critical skill sets that rise above the rest. About Amy and her journey as a sales leader (2:27) Risk taking (6:10) Writing The Modern Seller (8:57) The five dimensions of The Modern Seller (12:15) A Modern Seller is Agile (15:07) A Modern Seller is Holistic (16:32) A Modern Seller is Entrepreneurial (22:44) The challenge of continued remote work (when you're go-to moves are gone) (26:06) Some final tips (28:24) You can catch Amy on more sales podcasts here.
5 Keys for a Successful Sales Training Methodology
There are some phrases I’m hearing my clients say more often when it comes to sales success. They want to be more data driven. They want to use information and not only instinct. They want better structure. They talk often of needing stronger sales culture. The Future of Sales Needs Fresh Sales Skills A recent Harvard Business Review article, “Reengineering the Recruitment Process,” shares some eye-opening results from a recent Gartner study that should change the way organizations view their sales training strategy. It shares: “A survey of 3,500 managers found that only 29% of new hires have all of the skills required for their current roles, let alone future ones. The research finds that in key functions such as finance, IT, and sales, positions filled today will require up to 10 new skills within 18 months.” I took that to my own network with a recent LinkedIn poll. I asked their opinion on the biggest...