• Art & Science of Complex Sales

  • De: Membrain
  • Podcast

Art & Science of Complex Sales

De: Membrain
  • Resumen

  • Join us on the Art & Science of Complex Sales podcast by Membrain where we invite various experts from the industry to discuss about different topics in the world of complex sales
    Copyright 2022 All rights reserved.
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Episodios
  • From Quotas to Champions with Ken Lundin
    Aug 2 2024

    Unlock the secrets to fostering a high-performance sales culture and transform your sales team into quota-crushing champions! Join us for an inspiring conversation with Ken Lundin, founder and CEO of RevHeat, as he recounts his extraordinary journey from a young salesperson to a renowned thought leader.

    Challenges in Modern Sales Management (4:23)

    Paul asks Ken about the biggest issues in sales today. Ken highlights the major shift in employer-employee relationships due to remote work, which has made managing teams more challenging and decreased productivity. He mentions a significant drop in quota attainment and a lack of basic sales skills among many sellers, leading to a reassessment of effective sales team management.

    Addressing Accountability and Relationship Building in Sales (11:49)

    Ken discusses the "Twitterization" of sales, where prospects without immediate needs are often ignored, leading to a decline in long-term relationship building. He criticizes management practices that prioritize short-term gains over sustainable success, using discount-driven end-of-quarter sales pushes as an example of a flawed culture.

    Paul and Ken then delve into the concept of self-leadership and accountability, noting a cultural decline in these traits. Ken introduces the "three-foot rule," emphasizing the importance of focusing on what individuals can directly influence. He argues that lack of accountability often stems from leadership permitting excuses, highlighting the need for managers to enforce responsibility consistently to foster a culture of accountability.

    Key Strategies for Building a Scalable Sales Team (37:12)

    Ken emphasizes three key points for creating a scalable sales team:

    1. Talent Acquisition: Finding talent is increasingly difficult and must be a strategic priority across all positions, especially in sales.
    2. Individual Accountability: Sellers must be empowered to take personal responsibility for their success.
    3. Corporate Accountability: Companies need robust systems and processes to support their sales teams, debunking the myth that sales is purely an art and reinforcing the importance of structured approaches.

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    41 m
  • The 3 Ts with Paul Fuller: Talent, Transformation & Technology
    Jul 26 2024

    Join Membrain’s Chief Revenue Officer, Paul Fuller, as he kicks off the fourth season of "The Art and Science of Complex Sales Podcast - The 3 Ts." Paul dives into the essential pillars for building scalable sales teams: Talent, Transformation, and Technology. Explore the critical importance of recruiting and retaining top talent in a challenging environment defined by skills gaps and high turnover.

    The 3 Ts (0:48)

    The framework of "three T's" for scalable sales organizations—Talent, Transformation, and Technology—encompasses optimizing talent alignment, integrating comprehensive sales methodologies and continuous support for growth, and leveraging technology to foster seamless collaboration in remote work environments. These pillars collectively aim to build resilient, results-oriented sales teams capable of thriving in competitive B2B markets.

    Talent (3:56)

    The chapter highlights a critical skills gap in sales, affecting 69% of organizations, leading to challenges in hiring, onboarding, and retaining talent. With a high turnover rate of 35% among salespeople in 2023, businesses face significant costs in recruitment and lost revenue. Despite these hurdles, 81% of organizations are focused on improving sales and marketing effectiveness. Issues of leadership understanding and motivation are also prominent, with many sales professionals feeling their leaders fall short in motivating them effectively.

    Transformation (8:09)

    The chapter explores transformation in sales, highlighting challenges like declining relationship-building and decision-making skills in a digital environment. Despite these, market complexity and speed are increasing, necessitating well-defined sales methodologies and processes.

    Technology (19:09)

    Despite the rapid growth in technology over the past 25 years and the increasing adoption of sales tools by organizational leaders, overall sales productivity has decreased from 53% to 42.8% between early 2022 and late 2023. This suggests that simply relying on technology alone may not improve sales outcomes. Instead, it's crucial to use technology to empower sales teams as effective leaders who can cut through market noise and complexities. This approach focuses on strategically implementing tools like CRM systems to gain deep insights into clients and streamline sales processes, rather than chasing after the latest tech trends without a clear benefit.

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    26 m
  • Transforming Sales Teams │ JP-Urruchua
    Jul 5 2024

    What if the key to transforming your sales career lies in revisiting the entrepreneurial spirit of your youth? Meet Juan Pablo Urruchua, or JP, whose start with selling cookies and eggs to schoolmates influenced where he is now as a SalesStar Practice Partner and leader of SalesStar Mexico. With a unique perspective on sales as an exchange of value, JP shares invaluable lessons from his diverse background and how they shaped his approach to building and coaching effective sales teams.

    Choosing a Career in Sales (9:05)

    This chapter discusses the decision to pursue a career in sales. Paul uses the example of his daughter's lemonade stand to illustrate turning challenges into opportunities and questions JP on why he chose to stay in sales after leaving the corporate world. JP explains his strong finance background and the two potential career paths he considered: continuing in finance or leveraging his sales and sales management expertise. He chose sales for the opportunity to transform companies and build a legacy, particularly in helping middle-market companies in Mexico improve their sales and go-to-market strategies.

    Sales Culture Diagnosis and Improvement (11:25)

    This chapter focuses on diagnosing and improving a company's sales culture. It starts with the importance of discovery to assess if there’s a mutual fit and uncover the extent of existing chaos. The necessity of a comprehensive sales plan is explored, noting that many organizations lack a cohesive strategy. The conversation shifts to the significance of strong sales leadership and the need to equip managers with the right skills, methodologies, and competencies to effectively lead their teams, emphasizing that impactful change often starts at the managerial level.

    Navigating Leadership, Management, and Change (17:58)

    This chapter explores the significance of sales management over sales reps in achieving organizational success. The challenges in finding individuals who excel in leadership and management are discussed, emphasizing the distinction between setting and executing a vision. The conversation also touches on the mindset differences between those who defend their existing methods and those eager to learn and grow. The importance of being coachable and the need for continuous change in today's business environment are underscored, along with strategies for balancing leadership and management competencies.

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    34 m

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