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  • Hub You - Selling and Managing National, Global, and Major Accounts: It's Probably Easier Than You Think!

    Make Better Retail Decisions with Geodemographics
    Geo-demographic segmentation is based on the premise that people of similar backgrounds, interests and means tend to gravitate into communities. Marketers have been able to harness this sociological phenomenon by using models, which take abstract distributions of demographic characteristics, and synthesize them into a very descriptive, compact, easy-to-understand neighborhood lifestyle typology.Commercially available geo-segmentation systems are highly descriptive marketing too
    decisions with logic.

    Many people may be 'influencers' in the final buying decision.

    The decision to buy can be influenced by myriad people, at many different levels within the organization - both positively and negatively. Meet each of them individually and develop strong relationships. Gauge the probability of winning the business from every person involved. Don't waste time with low probability prospects.

    Wants are senior to needs.

    Pro

    Employee Screening - Investigative Techniques To Avoid Negligent Hiring
    Negligent hiring normally refers to a cause of action in tort law that arises from an employer's obligation not to hire an applicant that may undertake conduct against other individuals or otherwise subject employees or third parties to actions which can create legal liability Through negligent hiring lawsuits, many employers have been found liable for their failure to conduct appropriate due diligence and pre-employment background investigation. Negligent hiring lawsuits have cost ma
    Over the years, I've observed a couple of things about salespeople and managers charged with penetrating and managing Major Accounts. They experience additional pressures, reflective of the higher sales quotas and dollar volumes expected of them. They also mistakenly believe that distinct selling strategies are required to sell into key accounts. All of the principles of High Probability®Selling are completely compatible with Major Accounts Selling.

    These principles greatly improve the effectiveness of most salespeople at every level when selling to major accounts. These same principles apply to sales managers when tracking, supervising, and coaching salespeople. Here are some of the most relevant High Probability Selling principles:

    Maximize market coverage, with fewer salespeople.

    No organization is always ready to buy or change suppliers. Maintain frequent telephone contact with all who influence the buying decision. However, spend sales time and resources on them only when they are ready to specify or buy your type of products and services.

    Major Account Selling is a Team Endeavor.

    All sales team members utilize a uniform sales process. The results of every prospect/customer contact are communicated to the entire team through a standardized communications system. Everyone knows their role; everyone is committed to the team's objectives. Sales managers oversee all sales activities, eliminating duplication of efforts and maximizing closing opportunities.

    We sell to people - not to companies, corporations or organizations. Business entities are groups of people who are out to satisfy their own needs in service to a common objective. Appeal to their motivations on an emotional level while dealing with their logical reasons for buying. Almost all people buy for emotional reasons and then justify their decisions with logic.

    Many people may be 'influencers' in the final buying decision.

    The decision to buy can be influenced by myriad people, at many different levels within the organization - both positively and negatively. Meet each of them individually and develop strong relationships. Gauge the probability of winning the business from every person involved. Don't waste time with low probability prospects.

    Wants are senior to needs.

    Pro

    Malcolm Baldrige Values and Concepts Part 11 – Systems Perspective
    In this issue, I will share my experience acquired from the conglomerate and its operating companies. For the purpose of this article, I will articulate the Systems Perspective which is the last Values and Concepts in Malcolm Baldrige Criteria. As before, I will use case studies to show how some of the companies implement them.To recap, below are the Eleven Core Values and Concepts of Baldrige Criteria:Visionary Leadership | Customer-Driven Excellen
    rinciples greatly improve the effectiveness of most salespeople at every level when selling to major accounts. These same principles apply to sales managers when tracking, supervising, and coaching salespeople. Here are some of the most relevant High Probability Selling principles:

    Maximize market coverage, with fewer salespeople.

    No organization is always ready to buy or change suppliers. Maintain frequent telephone contact with all who influence the buying decision. However, spend sales time and resources on them only when they are ready to specify or buy your type of products and services.

    Major Account Selling is a Team Endeavor.

    All sales team members utilize a uniform sales process. The results of every prospect/customer contact are communicated to the entire team through a standardized communications system. Everyone knows their role; everyone is committed to the team's objectives. Sales managers oversee all sales activities, eliminating duplication of efforts and maximizing closing opportunities.

    We sell to people - not to companies, corporations or organizations. Business entities are groups of people who are out to satisfy their own needs in service to a common objective. Appeal to their motivations on an emotional level while dealing with their logical reasons for buying. Almost all people buy for emotional reasons and then justify their decisions with logic.

    Many people may be 'influencers' in the final buying decision.

    The decision to buy can be influenced by myriad people, at many different levels within the organization - both positively and negatively. Meet each of them individually and develop strong relationships. Gauge the probability of winning the business from every person involved. Don't waste time with low probability prospects.

    Wants are senior to needs.

    Pro

    From Metropolis To Main Street, Light Pole Banners Enjoy Increasing Popularity As Outdoor Promotion
    When Hershey Park, an amusement park in Hershey, Pennsylvania, planned the celebration of their 100-year anniversary, they chose light pole banners, as part of the marketing mix. The town-wide celebration will include a re-dedication of the park, 100 days of music, entertainment and fireworks and the unveiling of a new attraction, the Boardwalk at Hershey Park."Over seventy pole banners are prominently displayed in the parking lots and on the kiss-shaped light poles that li
    buying decision. However, spend sales time and resources on them only when they are ready to specify or buy your type of products and services.

    Major Account Selling is a Team Endeavor.

    All sales team members utilize a uniform sales process. The results of every prospect/customer contact are communicated to the entire team through a standardized communications system. Everyone knows their role; everyone is committed to the team's objectives. Sales managers oversee all sales activities, eliminating duplication of efforts and maximizing closing opportunities.

    We sell to people - not to companies, corporations or organizations. Business entities are groups of people who are out to satisfy their own needs in service to a common objective. Appeal to their motivations on an emotional level while dealing with their logical reasons for buying. Almost all people buy for emotional reasons and then justify their decisions with logic.

    Many people may be 'influencers' in the final buying decision.

    The decision to buy can be influenced by myriad people, at many different levels within the organization - both positively and negatively. Meet each of them individually and develop strong relationships. Gauge the probability of winning the business from every person involved. Don't waste time with low probability prospects.

    Wants are senior to needs.

    Pro

    The Enlightened Leader
    Are you a beacon of light or a blowtorch?I want you to imagine that I go to your office when you are not there. While I’m at your office, I decide to survey the team that reports to you.The subject of the survey? Well, it’s a survey about you as a leader. I want them to tell me about your leadership skills. If I ask your team to complete this sentence, “my manager is ________________________”, what would they say?Maybe they will say positive things: “ My manager is i
    nagers oversee all sales activities, eliminating duplication of efforts and maximizing closing opportunities.

    We sell to people - not to companies, corporations or organizations. Business entities are groups of people who are out to satisfy their own needs in service to a common objective. Appeal to their motivations on an emotional level while dealing with their logical reasons for buying. Almost all people buy for emotional reasons and then justify their decisions with logic.

    Many people may be 'influencers' in the final buying decision.

    The decision to buy can be influenced by myriad people, at many different levels within the organization - both positively and negatively. Meet each of them individually and develop strong relationships. Gauge the probability of winning the business from every person involved. Don't waste time with low probability prospects.

    Wants are senior to needs.

    Pro

    Don't Overlook Articles If You Are Running an Online Business
    You can't run an Internet business without articles. That's a fact. But exactly how should you approach the art of article writing?Well, for starters, you need to understand just what articles can and cannot do for you.They can't turn a bad web site into a good one. They also can't fix design issues, nor can they tap the Blue Rhapsody in top hat and cane. Other than that, they can do a heck of a lot to give your web site credibility and good content.Articles can be
    decisions with logic.

    Many people may be 'influencers' in the final buying decision.

    The decision to buy can be influenced by myriad people, at many different levels within the organization - both positively and negatively. Meet each of them individually and develop strong relationships. Gauge the probability of winning the business from every person involved. Don't waste time with low probability prospects.

    Wants are senior to needs.

    Prospects buy based upon their priorities, not yours. Make appointments only with people who want to solve problems that your products and services address - now. They must be willing to commit the time and money necessary to solve those problems - now.

    The most important buying decision factors are trust and respect. Most people want to buy from someone they trust and respect. HPS has developed a process to develop a relationship of mutual trust and respect at the first meeting with most prospects.

    Closing is a commitment - the final commitment.

    Closing sales is a process. The closing process involves making a series of mutual commitments, beginning with an agreement established during your first contact with a new prospect. Establish 20 to 40 more mutual commitments during the sales process. "The Close" is the final commitment, wherein the prospects close themselves – without pressure.

    Penetrating national, global, and major accounts is easier than you think. Remember that prospects and customers are just a group of people, who buy collectively in the same way that people buy individually.

    Establish trust with each individual. Work with your other sales team members to share information and maximize efforts. Follow the linear, systematic High Probability Selling process with each person involved in the decision-making process as it progresses to the final buying decision.

    When will you decide to learn and follow these principles? That is when major account selling will become less stressful, more enjoyable - and more profitable!

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