Actual for You
#1 in Business Subscribe Email Print

You are here: Home > Business > Sales Training > Why More Sales Training Comes Before More Marketing Expenditure

Tags

  • adslets
  • without
  • current
  • sales processes
  • buyers still
  • influencing others

  • Links

  • G7 Forex System - The Most Effective Forex Trading System Tool
  • Ideas For Backyard Patio Designs
  • When The Words Won't Come
  • Actual for You - Why More Sales Training Comes Before More Marketing Expenditure

    Contracting Your Salesforce
    The Way Forward Or Just A Pipe Dream?It’s paradoxical that the IT industry, responsible for massive global change, should be so restrained and unimaginative in adopting new and creative employment patterns.Despite the ease with which the dedicated seeker can network and directly sell themselves to employers, there continues to be a proliferation of recruitment consultants. Unsurprisingly, as trends indicate that, in spite of regular and fierce culling, opportunities are increasing again. IT w
    . In less than 12 months sales have increased 10-fold.

    AAA Action Hot Water. Distributors of Solar Hot Water systems. A simple review of their sales processes resulted in a staggering 100% increase in sales in 1 month. At the same time, advertising expenditure was reduced!

    Phantom Screens Sthn Qld. Simple changes to their phone answering and sales processes and with no change in advertising content or expenditure, conversion rates increased by a staggering 250%.

    Hype or reality? You be the judge. Albert Schweitzer once said, “Example is not the main thing in influencing others, it is the only thing.”

    Does sales training come before marketing expenditure?

    Categorically yes. There is absolutely no point in increasing the number of leads you generate i

    Medical Conferences
    Medical conferences brings physicians and researchers together to present and discuss their work. These conferences provide an important channel to exchange of information between health care professionals.Professsinal medical conferences can expose those in the field to new ideas and skills. They are considered essential in the field to keep abreast with new techniques and methodologies that those in the profession need to ehance their practice or research. If your in the medical field have attendi
    In most businesses, when sales are slow or low, the first reaction is to spend more on marketing. Create better adverts, more adverts; direct sales letters is the cry. But is this always the right solution?

    Let’s take a step back and examine the issue more closely.

    The first thing is to examine the numbers to see what they reveal. The critical ratio we need to look at is the conversion rate from lead / enquiry to sale. This will show us immediately where our emphasis should be.

    Let me explain…

    The numbers tell us that you’re getting 100 enquiries per month and tracking shows 25 convert into customers. What we also see is that 75 don’t become customers. This is the group you need to focus on. Typically, some will never buy so we can eliminate another 25. That leaves 50 who are still in the market.

    What happens to them? If they didn’t buy from you, where did they buy? No doubt a competitor. Depending on the market, it may be that your advert stimulated their interest, but because you didn’t connect with them and make the sale, they spent their money elsewhere.

    In other words, your advertising generated sales for your competitor. So when he sees your next advert, he’s laughing all the way to the bank. Why should he advertise when you do it for him?

    Suppose you decide to either improve your adverts; better headlines, copy, offers etc, or simply double your advertising expenditure. Now instead of 100 leads, you get 200. Only you still convert 25%. Make 50 sales, yes, BUT you’re now leaving 150 unsatisfied customers to spend elsewhere. If 50 never buy, there are now 100 buyers still out there.

    Your competitor thinks this is hilarious. “Guys, we’re going to do well this month,” he tells his staff. “Fred is running more ads”.

    Let’s take a better view of the situation. Instead of looking to the lead generation process, you teach your staff how to increase their conversion rate. You still get 100 leads but now you convert 45%. You’re making 45 sales instead of 25; 25 still don’t buy and instead of leaving 50 unsatisfied buyers for your competitors, you’re now only leaving 30.

    Increase conversion to 50% or better and starve your competitor by reducing the number of unsatisfied buyers left in the marketplace.

    Now look to your lead generation process. Stimulate more buyers and capture the lion’s share by converting more of your own leads into customers.

    Is this hype or reality? Let me give you simple four real-life case studies so you can decide for yourself.

    Docwise Information. A software company providing records management solutions. Needed to make more sales but in fact, couldn’t convert the leads they had. Went looking to create more effective advertising but the diagnosis was that the conversion rate was too low. Within six weeks of starting a training program, their sales had increased by $32,000 without a dollar spent on marketing.

    Acorn Software. One day of training took a 10% conversion rate to 50%. Over a four-month period, sales increased by $100,000. Current conversion rate is around 50% resulting in regular $50,000 months. In less than 12 months sales have increased 10-fold.

    AAA Action Hot Water. Distributors of Solar Hot Water systems. A simple review of their sales processes resulted in a staggering 100% increase in sales in 1 month. At the same time, advertising expenditure was reduced!

    Phantom Screens Sthn Qld. Simple changes to their phone answering and sales processes and with no change in advertising content or expenditure, conversion rates increased by a staggering 250%.

    Hype or reality? You be the judge. Albert Schweitzer once said, “Example is not the main thing in influencing others, it is the only thing.”

    Does sales training come before marketing expenditure?

    Categorically yes. There is absolutely no point in increasing the number of leads you generate if

    Blackberry 8100 Pearl - The Smallest, Smartest Smartphone Yet
    The new Blackberry 8100 Pearl cell phone is one of the smallest, sleekest cell phones ever made. It is a small phone with clean, slick look and being one of the smallest smartphones every made it still has all of the features of a blackberry.Some of the features of the Blackberry 8100 Pearl are: a 1.3 mega pixel camera to capture your Kodak moments, a MP3 player that lets you listen to your favorite songs, expandable memory, etc. It of course comes with the regular features of a blackberry smartp
    at leaves 50 who are still in the market.

    What happens to them? If they didn’t buy from you, where did they buy? No doubt a competitor. Depending on the market, it may be that your advert stimulated their interest, but because you didn’t connect with them and make the sale, they spent their money elsewhere.

    In other words, your advertising generated sales for your competitor. So when he sees your next advert, he’s laughing all the way to the bank. Why should he advertise when you do it for him?

    Suppose you decide to either improve your adverts; better headlines, copy, offers etc, or simply double your advertising expenditure. Now instead of 100 leads, you get 200. Only you still convert 25%. Make 50 sales, yes, BUT you’re now leaving 150 unsatisfied customers to spend elsewhere. If 50 never buy, there are now 100 buyers still out there.

    Your competitor thinks this is hilarious. “Guys, we’re going to do well this month,” he tells his staff. “Fred is running more ads”.

    Let’s take a better view of the situation. Instead of looking to the lead generation process, you teach your staff how to increase their conversion rate. You still get 100 leads but now you convert 45%. You’re making 45 sales instead of 25; 25 still don’t buy and instead of leaving 50 unsatisfied buyers for your competitors, you’re now only leaving 30.

    Increase conversion to 50% or better and starve your competitor by reducing the number of unsatisfied buyers left in the marketplace.

    Now look to your lead generation process. Stimulate more buyers and capture the lion’s share by converting more of your own leads into customers.

    Is this hype or reality? Let me give you simple four real-life case studies so you can decide for yourself.

    Docwise Information. A software company providing records management solutions. Needed to make more sales but in fact, couldn’t convert the leads they had. Went looking to create more effective advertising but the diagnosis was that the conversion rate was too low. Within six weeks of starting a training program, their sales had increased by $32,000 without a dollar spent on marketing.

    Acorn Software. One day of training took a 10% conversion rate to 50%. Over a four-month period, sales increased by $100,000. Current conversion rate is around 50% resulting in regular $50,000 months. In less than 12 months sales have increased 10-fold.

    AAA Action Hot Water. Distributors of Solar Hot Water systems. A simple review of their sales processes resulted in a staggering 100% increase in sales in 1 month. At the same time, advertising expenditure was reduced!

    Phantom Screens Sthn Qld. Simple changes to their phone answering and sales processes and with no change in advertising content or expenditure, conversion rates increased by a staggering 250%.

    Hype or reality? You be the judge. Albert Schweitzer once said, “Example is not the main thing in influencing others, it is the only thing.”

    Does sales training come before marketing expenditure?

    Categorically yes. There is absolutely no point in increasing the number of leads you generate i

    Learn How To Buy The Best Condo In San Diego
    San Diego is a great place to buy a condo because of its perfect weather and wonderful easy lifestyle. Anything you could ever hope for is at your fingertips. People who live in San Diego are always smiling, drinking surfing and having a good time. Who would not want to own a vacation condominium in San Diego, or even just live in a condo on the beach? Sunny San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a po
    spend elsewhere. If 50 never buy, there are now 100 buyers still out there.

    Your competitor thinks this is hilarious. “Guys, we’re going to do well this month,” he tells his staff. “Fred is running more ads”.

    Let’s take a better view of the situation. Instead of looking to the lead generation process, you teach your staff how to increase their conversion rate. You still get 100 leads but now you convert 45%. You’re making 45 sales instead of 25; 25 still don’t buy and instead of leaving 50 unsatisfied buyers for your competitors, you’re now only leaving 30.

    Increase conversion to 50% or better and starve your competitor by reducing the number of unsatisfied buyers left in the marketplace.

    Now look to your lead generation process. Stimulate more buyers and capture the lion’s share by converting more of your own leads into customers.

    Is this hype or reality? Let me give you simple four real-life case studies so you can decide for yourself.

    Docwise Information. A software company providing records management solutions. Needed to make more sales but in fact, couldn’t convert the leads they had. Went looking to create more effective advertising but the diagnosis was that the conversion rate was too low. Within six weeks of starting a training program, their sales had increased by $32,000 without a dollar spent on marketing.

    Acorn Software. One day of training took a 10% conversion rate to 50%. Over a four-month period, sales increased by $100,000. Current conversion rate is around 50% resulting in regular $50,000 months. In less than 12 months sales have increased 10-fold.

    AAA Action Hot Water. Distributors of Solar Hot Water systems. A simple review of their sales processes resulted in a staggering 100% increase in sales in 1 month. At the same time, advertising expenditure was reduced!

    Phantom Screens Sthn Qld. Simple changes to their phone answering and sales processes and with no change in advertising content or expenditure, conversion rates increased by a staggering 250%.

    Hype or reality? You be the judge. Albert Schweitzer once said, “Example is not the main thing in influencing others, it is the only thing.”

    Does sales training come before marketing expenditure?

    Categorically yes. There is absolutely no point in increasing the number of leads you generate i

    How to be a Better Customer
    When you give better service, your customers will appreciate you more. But when you give lousy service, your customers can be a pain in the neck.The flip side is also true. If you are an appreciative and considerate customer, service providers will tend to serve you better. If you rant and rave and pound the table, people serve you grudgingly, if at all.Great training programs (like ‘UP Your Service College’®) can help create better customer service providers. But there’s little training on h
    apture the lion’s share by converting more of your own leads into customers.

    Is this hype or reality? Let me give you simple four real-life case studies so you can decide for yourself.

    Docwise Information. A software company providing records management solutions. Needed to make more sales but in fact, couldn’t convert the leads they had. Went looking to create more effective advertising but the diagnosis was that the conversion rate was too low. Within six weeks of starting a training program, their sales had increased by $32,000 without a dollar spent on marketing.

    Acorn Software. One day of training took a 10% conversion rate to 50%. Over a four-month period, sales increased by $100,000. Current conversion rate is around 50% resulting in regular $50,000 months. In less than 12 months sales have increased 10-fold.

    AAA Action Hot Water. Distributors of Solar Hot Water systems. A simple review of their sales processes resulted in a staggering 100% increase in sales in 1 month. At the same time, advertising expenditure was reduced!

    Phantom Screens Sthn Qld. Simple changes to their phone answering and sales processes and with no change in advertising content or expenditure, conversion rates increased by a staggering 250%.

    Hype or reality? You be the judge. Albert Schweitzer once said, “Example is not the main thing in influencing others, it is the only thing.”

    Does sales training come before marketing expenditure?

    Categorically yes. There is absolutely no point in increasing the number of leads you generate i

    Business Card Secrets That Make You Money Now
    Good morning. Have you had your cup of coffee yet, because I hope so.I'm going to lay something earth shat terning on you now, and I hope that your readyHere goes nothing:There is something out there, a disease, if you will, an infection, a curse.Some people, they are head of COKE, PEPSI, Ritz Carlton, Shape magazine, McDonald's, and MICROSOFT.These people, plus lots of other super successful companies, have gotten the disease from one time to another.LOTS of
    . In less than 12 months sales have increased 10-fold.

    AAA Action Hot Water. Distributors of Solar Hot Water systems. A simple review of their sales processes resulted in a staggering 100% increase in sales in 1 month. At the same time, advertising expenditure was reduced!

    Phantom Screens Sthn Qld. Simple changes to their phone answering and sales processes and with no change in advertising content or expenditure, conversion rates increased by a staggering 250%.

    Hype or reality? You be the judge. Albert Schweitzer once said, “Example is not the main thing in influencing others, it is the only thing.”

    Does sales training come before marketing expenditure?

    Categorically yes. There is absolutely no point in increasing the number of leads you generate if you can’t increase the conversion ratio. Learn how to do that first otherwise the sales explosion you create will be for your competitor.

    HTTP = HTML link (for blogs, profiles,phorums):
    <a href="http://www.actual4u.com/article/40201/actual4u-Why-More-Sales-Training-Comes-Before-More-Marketing-Expenditure.html">Why More Sales Training Comes Before More Marketing Expenditure</a>

    BB link (for phorums):
    [url=http://www.actual4u.com/article/40201/actual4u-Why-More-Sales-Training-Comes-Before-More-Marketing-Expenditure.html]Why More Sales Training Comes Before More Marketing Expenditure[/url]

    Related Articles:

    Advertising Strategies: Which One Is Right For Your Business?

    Branding Development Techniques: Be Unique; But Recognizable

    Media Relations: How to Get Your Letter to the Editor Published

    Bookmark it: del.icio.us digg.com reddit.com netvouz.com google.com yahoo.com technorati.com furl.net bloglines.com socialdust.com ma.gnolia.com newsvine.com slashdot.org simpy.com shadows.com blinklist.com