10 Causes of High Sales Rep Turnover – Which One Is Yours?


By now you know some of the sales people that won’t be with you next year. Article Sales Strategy Talent Strategy mishire New Rep Turnover sales rep turnover turnoverBut, which of your A-Players are planning to leave after they get their bonus? This post gives you some factors that may predict the.

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Helping Startups Understand Salespeople & the Sales Culture

Both Sides of the Table

Specifically what is often not in the DNA of founders are sales skills. The result is a lack of knowledge of the process and of sales people themselves. I had never had any sales training so everything we did for the first couple of years was instinctual. Sales

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Why Your Startup Needs a Sales Methodology

Both Sides of the Table

Like most startup entrepreneurs, when I began my first company in 1999 I had no formal sales experience. But before you achieve product / market fit you’re often in “consultative sales” mode where your objective is to tease out customer needs. question in sales.

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How to Shorten Your Sales Cycle and Avoid Wasting Time

Both Sides of the Table

One of the questions I’m most often asked by CEOs is how to hire sales people. I’ve also written extensively on sales and on which sales execs to hire and how to think about the different kinds of sales leaders. Sales & Marketing Advice Startup Advice

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Online Entrepreneurs: Get Sales Tax Compliant For 2016


One of the reasons I know way more about online sales taxes than I ever thought I would is due to Rincon Venture Partners’ investment in TaxJar , one of the leaders in this emerging space. Hopefully you’ll get plenty of rest during the Holidays because soon after the New Year starts, online retailers must begin contemplating sales tax deadlines. Almost every online seller will have a sales tax deadline this upcoming January. Your Sales Tax Compliance Checkup.

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The Danger of Crocodile Sales

Both Sides of the Table

I’d like to talk about Crocodile Salesmen in 3 scenarios: 1) when YOU are selling (or someone on your team), 2) when you are trying to recruit a sales person. But how to apply “listening&# in a sales meeting? Beware of Crocodile Sales.

Improving Sales: The Excuse Departement is Closed

Both Sides of the Table

Specifically what is often not in the DNA of founders are sales skills. The result is a lack of knowledge of the process and of sales people themselves. I had never had any sales training so everything we did for the first couple of years was instinctual.

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LendingPoint Adds Point-of-Sale Financing with LoanHero Buyout


LendingPoint , an online provider of direct loans to consumers, has acquired LoanHero , the San Diego fintech with technology that enables merchants to extend instant financing to consumers at the point of sale. The acquisition enables LendingPoint, which focuses on near-prime consumers (with FICO credit scores from 580 to 700), to extend its financial software and services to consumers making a major purchase, whether it’s online or a face-to-face sale.

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How Event Farm Is Making Events A Part Of Your Sales Funnel

SoCal Tech Calendar

The most obvious, is to drive sales. Before we came to market, there had not been the focus on having the right people at marketing events, that tracking people matters, and including those events as part of the sales funnel. entrepreneur interview growth sales costello ryan farm event eventfarmIn the corporate world, events are more than just an event�they are opportunity to connect with your customers and turn potential customers into buyers.

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Semtech Sale Of IP To Rambus Completes


Camarillo-based Semtech has completed a deal to sell of a bundle of IP assets to Rambus , in a sale that was worth $32M, Rambus said Monday afternoon. The deal, announced in June, included's Semtech's Snowbush IP business, which primarily included SerDes (serial/deserialization) cores used in ASICs, Systems-on-a-chip (SoC), and other platforms. Rambus said that the assets become part of its Memory and Interfaces Division. READ MORE>>.

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GraphEffect Ramps Sales, Marketing


Santa Monica-based GraphEffect , the venture-backed developer of social marketing software, said today that it has hired both a Sales and Marketing VP. The firm said it has appointed David Pollet as Vice President of Sales, and named Jennifer Cooley as Vice President of Marketing and Business Development. grapheffect executive facebook social networking advertising marketing sales

Identifying Pain in the First Step in a Sales Process – Here’s How

Both Sides of the Table

In my first enterprise software company we developed a methodology for sales that we called PUCCKA. Having a methodology instead of just going on random sales visits helped force a bit of rigor and honesty amongst team members about how well or not we thought we were doing.

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What Do You Need to Do to Improve Sales? Here’s a Start …

Both Sides of the Table

I write about sales often both because it’s the lifeblood of any organization and because in my experience it is the area in which more startups are least experienced or inclined. I also write and talk about it frequently because raising capital is a part of sales and this is important for entrepreneurs to understand. To make it simple and easy to remember – there are three basic rules of sales: 1. And it’s the start of any great sales process.

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Why Taking Some Risks in the Sales Process Can Improve Results

Both Sides of the Table

Many people are too cautious in sales processes and as a result when they present their solutions they end up sounding milquetoast and undifferentiated from anybody else in the market. I recently wrote about the three rules of sales. That’s why anybody with real sales experience will tell you the three cardinal rules of sales, “qualify, qualify and qualify” your leads.

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Ecommerce Sales In Q4 Breaks Records


The firm, which measures retail e-commerce sales, said the sales were up 11 percent versus a year ago. The continued growth is a welcome change from the last two years, when e-commerce sales actually dipped into the negative numbers for several quarters, after consistent, double digit sales gains every quarter. The sales numbers are the fifth consequtive quarter of year-over-year growth, and the second quarter of double-digit growth in the past year.

The Biggest Reason Most Sales Campaigns Don’t Close

Both Sides of the Table

Every sales organization with more than a handful of reps or that is across multiple offices or time zones would benefit from having a sales methodology. A friend of mine who was a former sales manager used to call this, “Identify the need then get the need agreed.”

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The One Key Person That Will Help You Improve Sales

Both Sides of the Table

This is part of a series that describes a sales methodology for technology companies or frankly many other types of companies, too. In order for somebody with IA to be your champion he has to be actively helping you through the sales process.

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Silicon Beach Report Sept. 6: Otoy Plans to Raise $134 Million via Digital Token Sale

L.A. Business Journal

Otoy plans to raise $134 million via digital token sale, Hyperloop Transportation Technologies signs memorandum for system in India and SpaceX poised to launch Air Force X-37B before hurricane hits

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Startup Sales – Why Hiring Seasoned Reps May Not Work

Both Sides of the Table

A while back I wrote a bunch of posts on Sales & Marketing and have been meaning to get back to that theme for a while. Evangelical sales – Understanding startup sales people and process. This only works if you’re not a crocodile sales person.

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Girls Scouts Go High Tech with iPhone Cookie Sale App


The group said that the free app allows users to find their way to the nearest cookie sale nearby, with dates of the start and end of local cookie sales, and ability to post those sales to Facebook and Twitter.

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TrueCar Sells 1 Million Cars, Hits $31 Billion In Total Sales


Santa Monica-based TrueCar , the auto pricing and sales company headed by Scott Painter, said late yesterday that it has sold its one millionth vehicle through its service, and that $31 billion in sales have gone through its network to date. monthly retail vehicle sales. TrueCar said that it saw around 400,000 sales alone in 2013. truecar automobile pricing leads sales vehicle usaa

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Telcentris Boosts Sales Team


San Diego-based Telcentris , the operator of the VoxOx and VoxOx in Business voice-over-IP services, said last week that it has bolstered its sales team, hiring a new VP of Wholesale Sales. Peterson reports to Tad Nikolich, VP of Business Sales for Telcentris. The firm said it has hired Mark Peterson to the new position, to drive its wholesale growth strategy.

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Verengo Solar Sells Assets In Bankruptcy Sale


Financial details of the sale were not announced. As part of the deal, Verengo said that Crius will provide "debtor-in-possessoin" financing which will enable to the company to continue operating during the sale process. Torrance-based residential solar installer Verengo Solar announced late Friday that it has sold substantially all of its assets to Crius Solar Fulfillment LLC , which is a subsidiary of Crius Energy Corporation.

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Myricom Names New Sales VP


Arcadia-based Myricom , the developer of low latency, 10 Gigabit Ethernet clustering products for the high performance computing (HPC) market, said Monday that it has named Mike McPherson as the firm's new Vice President, Worldwide Sales. McPherson has previously served at such firms as Alteon WebSystems, Nortel Networks, Neterion, PathScale, SilverStorm, and others, serving in a number of VP of Sales and related roles.

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Gumgum Names Sales VP


Santa Monica-based Gumgum , the celebrity image licensing and advertising startup headed by Ophir Tanz, has appointed a new VP of Sales, the firm told socalTECH today. The company said it has appointed Brennan Beyer as its new Vice President of Sales. Beyer joins the company from SocialVibe, where he also served as VP of Sales. gumgum sales executive advertising

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Tips to Help you Think About Sales at Your Startup

Both Sides of the Table

Sales. It’s the lifeblood of any organization and yet most startups don’t have any sales DNA on their teams. It’s important enough that I dedicate a tab on my blog to startup sales & marketing. when is the right time to hire your first sales employee?

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THQ Releases Homefront Sales Figures


THQ's sales of the new title are being watched carefully by industry analysts, who so far have given the title mediocre reviews. THQ described the first day sales as "robust" saying that it was delighted with the sales figures. sales action game video content videogame homefron

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Mogreet Opens Midwest Sales Office


Los Angeles-based Mogreet , coming off a new round of venture funding, is in expansion mode, saying that it has opened up a new Midwest sales office for the company. sales executive midwest marketing mogreetMogreet said it has opened up a new office headed by Joshua Pyne, who the firm snagged from ChaCha, the mobile questions and answers service. Mogreet recently raised $4.1M

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Amazon Ramps Sales Tax Fight


In a move which might affect California's renewed efforts to tax sales on Amazon.com and other similar e-commerce sites, the e-commerce giant is preparing to shut down a distribution center in runs in Dallas, Texas, over a $269M tax bill presented to the firm by the State of Texas. amazon sales texas california state bill

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Increase Your Sales Velocity By Saying No To Pilots


Indecisive prospects diffuse a startup''s focus and slow down its sales velocity. The first step to increasing your company''s sales velocity is to eliminate the word “Pilot” from your salespeople''s lexicon. A version of this article previously appeared on Forbes.

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Hacker Attacks Spur Fear, Sales

L.A. Business Journal

Spike in ransomware attacks has orders clicking at cyberdefense providers

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Scaling Sales: Arming & Aiming – Objection Handling

Both Sides of the Table

This is part of a series on sales & marketing. I previously covered how early phase sales teams should be “evangelical&# and consultative in nature. Prices are too high – Inexperienced sales reps will try to convince you they need to lower price to win deals.

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Online Retailers Start Up Black Friday Sales, Early


retailers retailer sales holiday thanksgiving shopping ecommerce deals november friday blackShoppers looking for those traditional, after-Thanksgiving deals from retailers can start early, as online retailers decided to kick off their Black Friday promotions Tuesday.

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