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The Modern Selling Podcast (Mario Martinez Jr)

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Pub. DateTitleDuration
04 Jun 2024Streamlining RFPs: AI Tools to Automate Responses00:55:54
 

Do you want to streamline your RFP response process and win more contracts? Imagine a more efficient and effective way to handle RFPs, ensuring your responses stand out. We'll be sharing a solution to help you achieve that result.

Uncover the unexpected way AI can help you win more RFPs with a powerful tool. It's not just about streamlining responses; it's about gaining a competitive edge and uncovering hidden insights. Find out the surprising truth that's transforming the RFP game and putting you ahead of the pack. Ready to discover the game-changing tool that's making waves in the industry? Stay tuned for this groundbreaking reveal.

This is Mark Shriner's story:

Mark Shriner, a seasoned business development and growth specialist, shares his journey from an adventurous trip to Asia with only $117 in his pocket to leading a consulting company in Japan. Through a chance encounter, he found himself in the sales track after securing a job with a Taiwanese computer magazine publisher, which fueled his career in sales. Mark's experience in business expansion and his tenure with Memoq, a software provider, led him to co-found Memoq RFP, a company focused on streamlining RFP responses for small and medium-sized businesses. His story of resilience and adaptability serves as an inspiration, demonstrating the unexpected paths that can lead to success. Mark's unique journey showcases the unpredictable nature of life and how seizing opportunities, even with limited resources, can lead to remarkable achievements.

In this episode of The Modern Selling Podcast, Mario Martinez Jr. interviews Mark Shriner, the CEO and co-founder of Memoq RFP, diving into the challenges of responding to RFPs, RFIs, and RFQs. Mark shares his personal journey, including an adventurous stint in Asia with minimal funds, which eventually led him to a career in sales.

The episode sheds light on the complexities of document requests in the sales process, emphasizing the significance of strategic decision-making, collaboration with subject matter experts, and the impact of AI tools in streamlining the response process. Mark's insights into the frustrations faced by subject matter experts and the potential for AI tools to alleviate these challenges offer practical takeaways for sales professionals. His emphasis on the importance of relationship-building and the value of informed competitive positioning in responding to RFPs and RFQs make this episode a must-listen for those seeking to enhance their approach to document requests. Mark's personal anecdotes and experiences add depth to the conversation, making it relatable and insightful for sales professionals navigating the complexities of RFPs and RFQs.

You found a problem and then figured out a solution, and people buy that. You go in and help them fix something that's broken. - Mark Shriner

My special guest is Mark Shriner

Mark Shriner, hailing from Seattle, is the CEO and co-founder of Memoq RfP. With a career spanning over 20 years in leadership positions, including country manager, regional sales manager, and CEO in Asia Pacific, Mark has garnered extensive expertise in business development and growth. His involvement in assisting companies with market expansion led to his foray into RFP technology, driven by the need for enhanced response processes for small and medium-sized businesses. Mark's profound industry experience equips him to provide valuable insights into the integration of AI to streamline RFP responses, making him a knowledgeable and credible guest for the audience to glean insights from.

In this episode, you will be able to:

  • Mastering Winning Strategies: Learn how to craft winning strategies for RFPs and RFQs to stand out from the competition and win more business.

  • Boosting Sales Efficiency: Discover how to streamline and improve sales with optimized RFP response processes for greater success and faster turnaround times.

  • Harnessing AI for Optimization: Explore the power of leveraging AI in RFP response optimization to enhance efficiency and accuracy in the sales process.

  • Nurturing Effective Relationships: Unlock the secrets to building effective sales relationships pre-RFP to foster trust and increase win rates.

  • Small Business RFP Success: Uncover essential tips tailored for small businesses to achieve RFP success and compete effectively in the marketplace.

 

The key moments in this episode are:
00:00:08 - Introducing FlyMSG

00:01:11 - Mark Shriner's Background

00:04:38 - RFP Challenges for Small and Medium-Sized Businesses

00:06:28 - Mario's Experience with RFPs

00:11:37 - Mark's Journey to Asia

00:12:55 - Understanding RFPs and Document Requests

00:15:31 - Challenges in Responding to Document Requests

00:18:11 - Communicating During RFPs

00:19:42 - Helping Create RFPs

00:24:39 - Process Tweaks for RFP Response

00:25:48 - Go/No-Go Decision-making Process

00:26:44 - Subject Matter Expert Collaboration

00:29:24 - AI Tools for Efficiency

00:36:28 - Relationship-building in RFPs

00:39:01 - Strategic Pricing in RFPs

00:39:18 - Understanding Key Requirements in RFPs

00:41:50 - Asking Critical Questions

00:44:06 - Reconsideration and Reevaluation

00:47:23 - Finding Solutions to Problems

00:49:45 - Competitive Intelligence in RFPs

00:51:53 - Connecting with Mark Shriner

00:52:28 - Grow Fast Podcast

00:52:44 - Favorite Movies

00:54:28 - Wrapping Up

Timestamped summary of this episode:
00:00:08 - Introducing FlyMSG
Mario Martinez Jr. introduces FlyMSG.IO, a free personal writing assistant and text expander application, and sets the stage for the podcast's focus on sales growth techniques.

00:01:11 - Mark Shriner's Background
Mark Shriner shares his background and experience in business development and growth, including his time living and working in Asia, which ultimately led him to start his career in sales.

00:04:38 - RFP Challenges for Small and Medium-Sized Businesses
Mark discusses the challenges small and medium-sized businesses face in responding to RFPs, highlighting the resource limitations and opportunity costs involved in the decision-making process.

00:06:28 - Mario's Experience with RFPs
Mario Martinez Jr. shares his past experience with RFPs and the challenges he faced, emphasizing the importance of relationship building in winning RFPs and RFQs, despite his dislike for the process.

00:11:37 - Mark's Journey to Asia
Mark Shriner shares a personal story of his spontaneous trip to Asia with minimal resources, leading to a four-year adventure that ultimately shaped his career in business and sales.

00:12:55 - Understanding RFPs and Document Requests
Mark explains the differences between RFI, RFQ, and RFP and the challenges organizations face when responding to these document requests. He highlights the time-consuming nature of the process and the need for involvement from various subject matter experts.

00:15:31 - Challenges in Responding to Document Requests
Mark discusses the challenges organizations face in deciding whether to respond to an RFP, including understanding and meeting the requirements, as well as the repetitive nature of the work. He emphasizes the importance of developing a relationship with the customer during the process.

00:18:11 - Communicating During RFPs
Mark and Mario explore the issue of communication during RFPs, particularly when organizations are instructed not to communicate with anyone other than procurement. They share insights on how sales organizations can navigate this challenge and potentially leverage existing relationships.

00:19:42 - Helping Create RFPs
Mark highlights the strategic advantage of helping organizations create their RFPs, as it allows vendors to influence the content and requirements in their favor. He also discusses the importance of understanding the customer's real intentions behind issuing an RFP.

00:24:39 - Process Tweaks for RFP Response
Mark emphasizes the need for small and medium-sized businesses to establish a clear process for making go/no-go decisions when responding to RFPs. He underscores the importance of setting criteria and following a structured approach to managing the RFP response process.

00:25:48 - Go/No-Go Decision-making Process
Mark discusses the importance of making a go/no-go decision based on key factors and requirements, potential workarounds, and customer acceptance of workarounds.

00:26:44 - Subject Matter Expert Collaboration
Mark emphasizes the need for a pool of subject matter experts and a collaborative platform for efficient RFP response. He highlights the frustration of repeating tasks and the importance of setting clear expectations to gain SME support.

00:29:24 - AI Tools for Efficiency
Mark discusses the use of AI tools like Breeze for storing and accessing previously used responses, searching through reference documents, and even drafting responses. He emphasizes the efficiency and effectiveness of these tools in RFP response.

00:36:28 - Relationship-building in RFPs
Mario shares his experience with maintaining relationships and winning RFPs. He mentions the significance of building relationships early and leveraging past collaborations to secure contracts, even after losing an initial RFP.

00:39:01 - Strategic Pricing in RFPs
Mario describes a strategic approach to pricing in RFPs, highlighting the importance of understanding the true cost and value of services instead of solely meeting price reduction demands. He shares a successful example of re-evaluating pricing to secure a lucrative contract.

00:39:18 - Understanding Key Requirements in RFPs
Mark discusses the importance of understanding key requirements in RFPs and how failure to meet those requirements can result in losing the deal.

00:41:50 - Asking Critical Questions
Mark shares how he asked critical questions to the CIO, leading to a realization that the competition had not considered key integration and cost factors.

00:44:06 - Reconsideration and Reevaluation
The CPO admits they did not consider the integration factor, leading to a reevaluation of the RFP and potential reconsideration of the decision.

00:47:23 - Finding Solutions to Problems
Mark discusses identifying a problem with manual wireless orders and finding a solution through an integration with Ariba, resulting in a significant contract and business growth.

00:49:45 - Competitive Intelligence in RFPs
Lisa Reheark's advice on understanding competition's pricing and obtaining competitive intelligence through FOIA requests, highlighting the importance of understanding competition in RFP responses.

00:51:53 - Connecting with Mark Shriner
Mario asks Mark how to get in touch with him to discuss Breeze's technology and Mark suggests reaching out to him on LinkedIn or Twitter to schedule a demo or meeting.

00:52:28 - Grow Fast Podcast
Mark recommends listening to the Grow Fast Podcast to hear from industry experts like Mario and gain valuable knowledge and wisdom.

00:52:44 - Favorite Movies
Mark shares that his favorite movies are the Godfather I and II, and Lord of the Rings trilogy, while Mario reveals that his favorite movie is The Goonies due to its themes of aspiration and problem-solving.

00:54:28 - Wrapping Up
Mario and Mark continue to discuss their favorite movies and wrap up the conversation by encouraging listeners to rate and review the Modern Selling Podcast and to download FlyMSG for increased productivity.

Mastering Winning Strategies
Mark Shriner shares valuable insights on mastering winning strategies when responding to RFPs, RFIs, and RFQs, emphasizing the importance of understanding competition pricing and tailoring responses effectively. His personal anecdotes highlight the significance of problem-solving approaches and aligning offerings to meet clients' specific needs, contributing to successful responses.

Boosting Sales Efficiency
Shriner discusses how embracing AI technology, like Breeze, can boost sales efficiency by streamlining the RFP response process. By harnessing AI tools for knowledge retrieval, response drafting, and collaboration, sales professionals can optimize their responses to document requests and enhance their chances of success in competitive bidding scenarios.

Harnessing AI for Optimization
The conversation between Mario and Shriner reveals the transformative power of harnessing AI for optimization in the sales process. By leveraging AI tools like Breeze to simplify RFP responses, sales professionals can enhance their efficiency, decision-making, and competitiveness in the market. This strategic approach enables businesses to stay ahead of the curve and drive success in their sales endeavors.

The resources mentioned in this episode are:

  • Connect with Mark Shriner on LinkedIn to learn more about Breeze Docs AI and how it can help streamline the RFP process.

  • Check out the Grow Fast Podcast to gain insights from sales and marketing experts, including tips on winning more RFPs.

  • Download FlyMSG for free to save 20 hours or more in a month and increase your productivity with a text expander and personal writing assistant.

  • Consider reaching out to Lisa Rehark at RFP Success Company for expert guidance on winning more RFPs and RFQs.

  • Watch The Godfather and The Godfather Part II for a classic movie experience, or indulge in the Lord of the Rings trilogy for an epic adventure.

08 Feb 2022The Art of Persuasive Selling with Jeremy Miner, #19900:52:54

In today’s overly saturated B2B sales market, standing out from the crowd and getting a “yes” from your prospect is not achieved by using traditional selling techniques. Because when modern B2B sellers understand how to leverage the intersection between human behavior and psychology, then they can evoke the emotion necessary to drive the sale.

That topic – how to get prospects to lean all the way in, without selling – is exactly the focal point of this episode of the Modern Selling Podcast as I dive deep into neuro-emotional persuasion with one of the world’s leading sales trainers.

Jeremy Miner is the Founder of 7th Level Communications and is an internationally recognized sales guru who has taught thousands of people how to go from just getting average results in selling to becoming a high 6-figure and even 7-figure sales earner and be viewed as the “Trusted Authority” in their market.

Over the years, Jeremy has been asked by thousands of salespeople to train them on how to eliminate rejection, how to connect with their prospects, how to cold call, how to overcome their prospects objections/concerns, and finally how to close more sales without being a pushy, sleazy, disrespected salesperson. 

His company, 7th Level Communications was created to take any salesperson, no matter their experience, from wherever they’re at in selling to getting them to a high 6-figure and 7-figure annual income in sales.

Be sure to download my full conversation with Jeremy to get an equivalent to an MBA in sales that will undoubtedly help you book more meetings and close more sales.

What is the biggest mistake salespeople make?

Jeremy has worked with thousands of sales teams and organizations, so I was curious to know from his perspective where he thinks the industry is falling short.

His response was spot on with what I tell my sales teams, here at Vengreso, “A lot of entrepreneurs and salespeople are so excited about what they do and truly believe that their offering is the latest and greatest. And, somehow, they believe that this excitement alone will persuade prospects to want to buy what they’re selling. But, the reality is, many times without even realizing it, we’re giving off subconscious nonverbal and verbal cues that are creating more sales resistance in the conversation – not less.”

That’s why it’s so important, as sales professionals, to come across in our sales conversations with prospects as being neutral. Of course, we want to make the sale. But, I always say that in order to sell, you must be interested – not interesting. 

So sales reps must seek to first understand the prospect’s problem in a way that’s not interrogative and triggers a fight or flight response. 

For example, Jeremy recommends not going into the sales call assuming that your B2B offering is what the prospect needs. Rather, be open and honest with the prospect upfront as a way to disarm their initial sales resistance, so you can gather the information you need.

Here’s a script Jeremy uses:

“I’m not sure if we are the right fit yet for you. In order to determine that, I need to understand a little bit more about…”

In this way, Jeremy is not looking to close the sale immediately by claiming to have the right product for his prospect. Instead, he’s finding a way to probe for more information without setting off red flags.

Jeremy and I do an entire sales conversation role play that can help your sales team nail their sales conversations. Using just one technique Jeremy explains in the first 15 minutes of this episode is worth trying on your next sales call.

Tune into the full conversation to get all of the proven sales strategies Jeremy uses to help even the most inexperienced sales teams crush their quotas.

The NEPQ Sales Methodology 

When it comes to mastering the art of selling, I’m always interested in learning new methodologies and frameworks.

Here, at Vengreso, we teach the PVC Sales Methodology for prospecting which is rooted in personalizing every sales interaction and leading with value in every prospect touchpoint.

Jeremy uses a slightly different approach that has been widely successful for the sales teams that he works with.

It’s called NEPQ which stands for Neuro-Emotional Persuasion Questioning. This unique method moves the sales rep from the boiler room type selling approach (think Wolf of Wall Street) where urgency is forced into the prospect’s face to an approach that focuses more on building dialogue.

In this way, prospects won’t feel like they’re being sold to and will have less sales resistance. This in turn enables sales reps to build immediate rapport and trust.

Jeremy explains, “What many sales reps don’t realize is, we're the most persuasive when we allow others to persuade themselves through dialogue. The key here is we have to think about what questions we need to ask, when we ask them, how we ask them, with what tone will we ask them, and with what pauses will we include to make the conversation feel natural? If you can nail this, then you will pull the prospect in, rather than push them away.”

Listen to the full conversation, particularly at the 28-minute mark to see exactly how Jeremy puts his NEPQ sales methodology into action.

Why do buying decisions stall?

I’ve been in sales for over 20+ years, but even I have had some large sales opportunities stall unexpectedly. I wanted to pick Jeremy’s brain to see what he thought is driving this trend, especially within digital sales.

I found his response to be quite interesting, “Buying decisions only stall because sales teams are using sales techniques that work against human behavior and trigger sales resistance. I’m a big proponent that sales is about change. It’s about how good you are at helping your prospect view in their own mind – not by telling them – but by the questions you ask that they’re ready to change their situation.”

I always say that selling is the art of helping. If we’re not helping our prospects solve a problem or achieve a desired outcome, then getting to a sale will be impossible. 

Jeremy shared what he calls “consequence questions” which are a powerful framing tool that he teaches sales teams to help prospects get to that critical point in the conversation where they’re ready to say “yes” to change and to buying from you.

Download the episode to hear how these incredibly simple questions work to help sales teams book more meetings and close more sales.

This episode of the Modern Selling Podcast is brought to you by Leadfeeder. Imagine if you could identify companies and decision makers that are already engaging with your website and send them to your CRM for your sales team to follow up with? That's exactly what Leadfeeder does to help you capture high intent prospects that are already browsing your website right now. Visit www.leadfeeder.com to claim your 14-day free trial of Leadfeeder today and see what prospects are visiting your website, how they found you, and what they're interested in.

05 Mar 2024Getting the Last Laugh: Using Comedy Skills to Kill it in Sales00:47:07
 

If you're feeling frustrated and stuck in a cycle of repetitive sales approaches that just aren't getting results, then you are not alone! Are you tired of feeling like your sales efforts are falling flat, and you're not making the impact you know you're capable of? It's time to break free from the ineffective methods and unleash your true sales potential!

In this episode of The Modern Selling Podcast, Mario Martinez Jr. interviews Jason Hartz, author of The Hartz Method: A Sales Performance Playbook and Director of Demand Services Development Programs at Oracle.

Jason's unique background, transitioning from stand-up comedy to sales enablement, offers a fresh perspective on sales methodologies. He draws parallels between sales and performance, emphasizing the importance of preparation, rehearsal, and creating engaging experiences for prospects. The conversation explores the intersection between confidence, experience, and performance-based selling, highlighting the need for sellers to exude confidence and continuously evolve their sales approaches. Jason's insights on leveraging technology, understanding audience cues, and embracing innovative solutions provide actionable strategies for enhancing sales productivity and efficiency.

If you're a sales professional looking to elevate your performance and drive meaningful conversations with clients, this episode offers valuable tips and perspectives to help you navigate the evolving sales landscape.,

If you start to treat each and every interaction with a customer as if you're standing on stage and performing, your ratio to hits to wins is going to increase. - Jason Hartz

This week's special guest is Jason Hartz:

Jason Hartz is an accomplished sales professional and the author of "The Hart's Method: A Sales Performance Playbook." With a rich career history encompassing stand-up comedy, fitness franchising, and sales training, Jason has garnered a wealth of diverse experiences. His notable roles at Oracle and within the fintech sector have contributed to his deep understanding of demand services and sales methodologies. Jason's book showcases his expertise in sales performance, offering a comprehensive guide to enhancing productivity and efficiency. Through his practical insights and strategic approach, Jason has established himself as a respected figure in the sales domain, providing valuable perspectives for sales professionals aiming to elevate their performance.

In this episode, you will find:

  • Mastering the Sales Performance Playbook and Methodology can revolutionize your approach to selling, leading to increased success and growth.

  • Balancing Confidence vs Experience in Sales can uncover powerful insights that transform your selling style and boost results.

  • Implementing Performance-Based Selling Strategies can supercharge your sales effectiveness and drive higher revenue.

  • Leveraging Technology for Sales Efficiency allows you to streamline your processes and maximize your sales potential.

  • Discover how Enhancing Sales Skills with Innovative Tools can give you a competitive edge and elevate your performance in the market.

 

The key moments in this episode are:
00:00:08 - Introducing FlyMSG.io

00:01:16 - Jason Hartz’s Background

00:09:40 - Defining Performance-Based Selling

00:13:03 - Enhancing Customer Engagement

00:15:40 - Boosting Self-Confidence and Sales Acumen

00:15:48 - The Importance of Confidence and Experience in Sales Success

00:18:20 - Three Major Performance-Based Steps for Sales Preparation

00:22:28 - Setting the Table for Successful Sales Calls

00:25:04 - The Pitfalls of Inadequate Preparation

00:28:48 - Transitioning from Job to Profession in Sales

00:30:44 - Missed Action Item on AI Comparison

00:33:32 - Importance of Understanding the Audience

00:34:18 - Recording Sales Calls

00:41:24 - Leaving Lasting Impressions on Prospects

00:45:07 - Favorite Movie and Personal Connection

00:45:37 - Welcoming Jason Hartz to the Show

00:45:47 - Call to Action for Audience

00:46:19 - Conclusion and Closing Remarks

00:00:00 - Introduction

00:00:00 - Sales Productivity

Timestamped summary of this episode:
00:00:08 - Introducing FlyMSG.io
Mario Martinez Jr. introduces FlyMSG, a free personal writing assistant and text expander application.

00:01:16 - Jason Hartz’s Background
Jason Hartz shares his background in stand-up comedy, sales training, and working on movies, including "A League of Their Own".

00:09:40 - Defining Performance-Based Selling
Jason Hartz defines performance-based selling as treating customer interactions like stage performances, including preparation, rehearsal, and creating home court advantage.

00:13:03 - Enhancing Customer Engagement
Jason and Mario discuss using virtual backgrounds to create a personalized and engaging experience for customers, improving engagement and conversation starters.

00:15:40 - Boosting Self-Confidence and Sales Acumen
The conversation explores how performance-based selling can boost self-confidence and sales acumen by creating comfort and unity, leading to better customer interactions and outcomes.

00:15:48 - The Importance of Confidence and Experience in Sales Success
Jason discusses the debate of whether confidence or experience is more crucial for success in sales. He emphasizes the need for both confidence and experience, and the importance of boosting confidence through cold calls and discovery calls.

00:18:20 - Three Major Performance-Based Steps for Sales Preparation
Mario asks Jason for advice on performance-based steps for sellers to prepare for sales calls. Jason highlights the significance of outdressing the room, using scripted questioning strategies, and conducting thorough pre-work prior to customer-facing calls.

00:22:28 - Setting the Table for Successful Sales Calls
Jason elaborates on the concept of setting the table for successful sales calls by outdressing the room, using scripted questioning strategies, and conducting thorough pre-work. He emphasizes the need to approach every interaction with thorough preparation and professionalism.

00:25:04 - The Pitfalls of Inadequate Preparation
Mario shares a personal experience of a sales call where the seller lacked preparation and failed to understand the prospect's business needs. Jason emphasizes the importance of thorough research and preparation to avoid missed opportunities in sales interactions.

00:28:48 - Transitioning from Job to Profession in Sales
Jason discusses the distinction between holding a job and having a profession in sales. He emphasizes the importance of treating sales as a profession with a focus on continuous improvement, craftsmanship, and diligent preparation for every interaction.

00:30:44 - Missed Action Item on AI Comparison
Jason shares a story about a salesperson who missed the key action item in a follow-up conversation, focusing on AI comparison instead of addressing the prospect's main concern about startup credits.

00:33:32 - Importance of Understanding the Audience
Understanding the audience's needs and priorities is crucial in sales. Jason compares it to a comedian reading the audience's reaction to a joke, emphasizing the importance of reading the prospect's cues.

00:34:18 - Recording Sales Calls
Jason discusses the benefits of recording sales calls, highlighting the importance of capturing important details and action items during conversations and using technology to improve follow-up and performance.

00:41:24 - Leaving Lasting Impressions on Prospects
Jason emphasizes the importance of leaving a positive impression on prospects by demonstrating organization, process-based approach, and genuine interest in the prospect's success. He also discusses the impact of credibility in sales interactions.

00:45:07 - Favorite Movie and Personal Connection
Jason shares his all-time favorite movie, "The Inlaws," and connects it to a personal experience working with the director. This highlights the importance of personal connections and shared interests in building relationships.

00:45:37 - Welcoming Jason Hartz to the Show
Mario introduces Jason Hartz as the first-time guest on the modern selling podcast and expresses gratitude for joining the show.

00:45:47 - Call to Action for Audience
Mario urges the listeners to give the podcast a five-star rating and review on iTunes. He also promotes the text expander and personal writing assistant, Fly Message, to save time and increase productivity.

00:46:19 - Conclusion and Closing Remarks
Mario thanks the audience for listening and encourages them to keep selling. He signs off by expressing appreciation for the support and hints at the next episode.

00:00:00 - Introduction
Mario Martinez Jr. and Jason Hartz engage in a conversation about modern selling, discussing strategies, tools, and techniques to enhance sales performance.

00:00:00 - Sales Productivity
Mario and Jason delve into the importance of sales productivity and share insights on leveraging tools like FlySG for time-saving and increased efficiency in sales activities.

Sales Performance Playbook and Methodology
To increase sales productivity, sales professionals are advised to adopt performance-based sales strategies inspired by stage performances. These strategies, as outlined by Jason Hartz, require careful preparation, interaction rehearsal, and development of a pleasing and engaging experience for clients. The takeaway is that sales isn’t merely a transaction, but a performance that requires constant practice, feedback, and adjustment to deliver a stunning outcome.

Confidence vs Experience in Sales
The debate of confidence versus experience in sales success indicates that the two elements are not mutually exclusive. Confidence, which can be innate or nurtured, is crucial in creating an initial impression and fostering trust with customers. Experience, on the other hand, is vital in sales performance as it allows sellers to adapt their approach effectively, recounting real-world examples, and responding to various challenging situations.

Performance-Based Selling Strategies
Embracing performance-based selling strategies necessitates an understanding of the audience's preferences, swift action on action items, and utilization of technology for efficiency. The ability to read an audience, act on valuable cues, and adapt to different situations are essential to resonating with your customers. Moreover, regular coaching, timely reviews, and feedback can help sales professionals improve their performance, and create meaningful and lasting relationships with their clients.

The resources mentioned in this episode are:

  • Connect with Jason Hartz on LinkedIn by sending a personalized connection request and mentioning that you heard him on the modern selling podcast.

  • Visit the website http://www.thehartzmethod.com/ to learn more about Jason Hartz and his sales performance playbook.

  • Follow Jason Hartz on Instagram at the handle @thehartzmethod for more insights and updates.

  • Download FlyMSG for free to save 20 hours or more in a month and increase your productivity with a text expander and personal writing assistant.

  • Give the Modern Selling Podcast a five-star rating and review on iTunes to show your support and help others discover the podcast.

25 Feb 20223 Unique Social Selling Strategies with Mario Martinez Jr., #20100:26:11

There’s no wonder that prospecting is still considered the most time-consuming part of the sales cycle by nearly 70% of sellers. From trying to find ideal prospects, to engaging with them through sales messages or social media, to following up to get a booked call – prospecting has become a science. And, those modern B2B sales professionals that know the right prospecting formula and have created a unique set of prospecting strategies are in a prime position to ultimately win the sales game.

How to prospect in today’s post-pandemic business environment is the topic of today’s episode of the Modern Selling Podcast. I share a recent in-depth conversation I had with Jose {last name}, host of the {name} podcast where I detail some rarely used prospecting strategies that work for us to get more “hellos” and close more deals.

Whether you’re an up and coming sales rep, a seasoned sales leader, or leading your organization’s sales enablement team – this episode is jam-packed with new things for you to implement to get in front of your target buyer more often.

Download the full conversation to hear the ins and outs of how and why these prospecting strategies work.

A New Approach to Prospecting in 2022

The world has changed drastically over the past two years. The sudden shift to online has not only given buyers more access to information, but it has actually given the modern seller more opportunities to reach their target audiences.

Fifteen years ago the number of people on social media was a mere fraction of what it is today. Even video platforms like YouTube were still in their infancy. Today, whether it’s LinkedIn, email, paid ads, SMS messages – there are many more ways that the modern seller can engage with buyers.

But, this also introduces the challenge of how to do it the right way. With more channels to find buyers, the amount of what I call “digital pollution” has also exponentially increased. Buyers are more skeptical and are willing to do their due diligence before ever reaching out to a sales rep.

Sales teams are no longer the “gatekeeper of information”. Buyers generally know what 3-5 companies they want to buy from by the time they reach out to book a sales call.

That’s why what’s really working in this post-pandemic environment is to prospect through thought leadership.

Consider your buyer persona – what problem are they trying to solve? How do you solve this problem? What articles, posts, or videos can you share online that showcase how you solve this problem?

The goal with 21st century prospecting is to be at the beginning of the buyer’s information journey so that they come to you for recommendations on what best next step to take (ideally it’s buying your product/service!)

Listen to this episode to hear how I suggest every sales organization leverage LinkedIn to rapidly increase their sales pipeline with customers who are ready to buy.

The Importance of Mastering the Art of Video Selling

Here at Vengreso, we work with small business owners, entrepreneurs, individual sellers, all the way up to large Fortune 100 sales organizations – with one goal: to help sales leaders create more sales conversations and grow their sales pipeline by teaching them how to prospect better and sell more.

Although there are lots of sales channels to choose from, our channels of choice are: LinkedIn and video. Our digital training teaches sales leaders and individuals how to create engagement with prospects at every stage of the sales cycle.

That way, when your buyer is looking for a solution, you stay top of mind (and top of timeline) and are their first destination.

Over the past 6 years of Vengreso, we have amassed a significant amount of thought leadership, whether it be blogs, podcasts, free video courses, etc. So when someone is searching for sales training online, we have a pretty good chance to be ranked very high on Google. 

(In fact, our Prospecting Guide is currently ranked #3 in search).

Of course, this strategy took time, but I highly recommend that all sales organizations invest in creating video content. Post it on YouTube, on your website, use it in sales email nurtures, and share it on LinkedIn.

Video is one of THE top five global marketing tactics being used to capture people’s attention and lure them in for a sale, especially in this digital sales space. Most other forms of outreach – whether it’s email, text message, direct message, or phone call only engage one of the senses.

Video messages are multi-sensory experiences for your prospect to hear, see, and experience your personality, your sincerity and start to build immediate rapport and trust with you. 

If you’re not maximizing your use of video in your prospecting process, then download this episode to get some actionable ideas to follow. 

How to Prospect on LinkedIn

With the average buyer being bombarded with over 5,000 marketing and sales messages every day – it makes it even harder for yours to stand out from the crowd. That’s why I always say that in order to be interesting you must be interested. In other words, prospects are not usually going to instantly want to book a sales meeting with you just because you reach out to them.

They need to know that there is something in it for them to even give a sales rep the time of day. So, whether you’re leading with value by sending them a free resource, sharing something that could help them solve a problem, or even crafting a personalized sales message – you have to make it more about your prospect and less about you.

At Vengreso, we teach the PVC Sales Methodology for prospecting and it is how we have been able to become the largest digital sales training company in the world. Everything we do is personalized to our prospect, from how we research leads using LinkedIn Sales Navigator, to how we write the initial sales messages we send, to the sequence of our email campaigns that nurture our pipeline. 

We also use a “3 by 3” approach, whereby each sales rep spends 3 minutes on a prospect’s LinkedIn profile to find 3 unique or interesting things to bring up in conversation to get them to lean in (and at least respond to our initial message).

If used right, LinkedIn can easily become your digital rolodex and your way to attract, engage, and sell to millions of modern buyers. The challenge, however, is how to maximize your prospecting efforts using LinkedIn, without coming across as selling.

Join the conversation I have with Jose and you’ll learn how you can tap into the networking (and sales power) of LinkedIn to streamline your prospecting and get more booked calls.

09 May 2023Pitching To Investors: Strategies for Success and Growth with Angela Lee, #23600:46:44

The Modern Selling Podcast Episode #236:

Pitching To Investors: Strategies for Success and Growth with Angela Lee

Our guest speaker for today is the amazing Angela Lee, who shares her valuable experience on what investors look for in startups. 
Hosted by the dynamic Mario Martinez Jr., this episode is packed with useful tips and tricks to ace your investor pitch. 

Some key takeaways include the 4 P's of pitching - People, Problem, Progress, and Price - and how to get a meeting with investors through Angel lists, warm vs. cold intros, and more. Angela also sheds light on the common mistakes founders make when pitching, including the importance of clarity, understanding your customers, and avoiding over-smartness. 
Learn how to improve your pitch delivery through verbal, vocal, and visual cues and get an inside scoop on starting your journey as an angel investor.

Don't miss out on this exciting episode and subscribe to The Modern Selling Podcast now! 

13 Oct 2022Miller Heiman Sales Methodology, Where Did it Go? Introducing Korn Ferry Sell with Christoffer Ellehuus, #21700:49:43

In a B2B sales environment that is oversaturated with sales tools and technology, how sales organizations create and leverage an integrated sales approach is key.

What worked pre-pandemic to attract the modern buyer isn’t always working now to turn prospects into buyers. Add to that how sales professionals are trained, there’s no wonder that many B2B and B2C sales organizations are struggling to meet their monthly and quarterly sales goals.

That’s why the question that must be answered is: What’s the best approach to not only get sales reps the resources they need to know how to sell, but how can organizations achieve an integrated solution that also provides important sales data?

This is the topic up for discussion in this eye-opening episode of the Modern Selling Podcast. Our guest leads one of the most iconic sales training organizations in the world, so you know his insights will be both actionable and proven.

Christoffer Ellehuus is the President of Korn Ferry Digital. He has a proven track record as a CEO/business leader of tech-enabled service and subscription-based businesses. He has extensive experience leading large established businesses, scaling new business launches, and turnaround situations. With a core speciality in packaging and scaling tech-enabled service and IP businesses into fast-growing subscription platforms – Christoffer is known for turning a multi-year double digit revenue decline into impressive, growing revenues in key markets within 24 months. 

As part of Korn Ferry Digital, he is leading a digital transformation of the traditional advisory business into a more packaged and technology-enabled global service business. 

Download the full episode to learn what new sales data is saying is the best way to book more sales calls and increase win rates.

What’s the biggest challenge with sales training?

If you’ve been listening to the Modern Selling Podcast for awhile, then you know that Vengreso had an amazing partnership for years with the Miller Heiman group (who was acquired by Korn Ferry). In fact, Vengreso was the first outside sales training company in its 40 year history that Miller Heiman ever hired.

But, with the pandemic and a rapid shift to online sales, how sales professionals are trained has had to evolve with the times.

So, I was curious to her Christoffer’s take on how sales training is changing and what he sees is the greatest obstacle sales leaders are facing.

His insights were very insightful, “The biggest challenge in sales across all industries is that training isn’t being done in a way that will get measurable results. Often sales reps are put in a room and given a bunch of strategies and methodologies to use. But the truth is, we know that 87% of people will forget what they were taught, in that type of one-off format.”

That’s why integrated technology like Korn Ferry Sell is so important. Now, sales leaders and teams don’t have to manually track sales touch points – across multiple sales technologies. Instead, the data is tracked, in one place, enabling sales professionals to take a more tactical and strategic approach to sales that will result in higher win rates and an overall more efficient sales process.

Listen in to the full conversation to hear what Christoffer believes is another key sales obstacle that B2B companies must overcome to truly increase their sales conversions.

Why has sales engagement become less effective today?

The sales data doesn’t lie! And, at Korn Ferry, Christoffer has millions of sales data points he can use to draw some powerful sales conclusions from.

I wanted to pick his brain and understand, from the data, what could be the reason that sales conversations aren’t as effective as they once were in moving a buyer to a sale.

What he shares truly puts a new perspective on how sales conversations should be structured.

He identifies three core reasons why buyers aren’t buying.

  1. Sellers don’t understand the buyer’s objective. Getting clear on the buyer’s pain point or goals and why they should act now are critical elements that sales professionals are missing.
  2. Sellers struggle to manage stakeholders. In the past, about six buyer profiles would influence the sale. Now, that number is up to 10. Sales professionals have to become masters at studying a prospect’s buying process and knowing who to speak to and when to drive the sale forward.
  3. Sellers don’t communicate value. The sales conversation has to be tailored to the buyer and speak to them. But, when sellers aren’t clear on what a buyer does or how their business works, showcasing your product’s immediate value or creating a sense of urgency to buy that moves the prospect becomes almost impossible.

Download the full episode to hear what specific strategies Christoffer recommends that sales reps take to meet their buyers where they are and speak the right language to lead to a sale.

How can sales organizations increase win rates?

Korn Ferry has such a unique methodology that addresses this very question that I had to make sure it was discussed in this episode.

Christoffer breaks down the two most important components all sales organizations should be implementing to powerfully move the sales needle to get immediate and lasting results.

The two parts are:

Alignment – this is centered around who is on your sales teams. From the skills, personalities, and team dynamics – all of these pieces have to be carefully considered to ensure that who you hire is in alignment with your organizational culture and goals. 

Execution – implementing sales playbooks, strategies, and methodologies all comes down to execution. Are processes being followed? Is sales technology being leveraged the right way? Are the right questions being asked during sales conversations? These are all important things to consider to make sure sales teams are going through the most proven motions that will lead to consistent sales.

Download the episode and listen in to hear how Christoffer suggests sales teams can revamp their approach to win customers faster – with less effort.

This episode of the Modern Selling Podcast is brought to you by Korn Ferry. Korn Ferry transforms sales teams using their world-class Miller Heiman, methodology, employee assessments, benchmarking and talent advisor capabilities to increase win rates and quota attainment. Korn Ferry offers Korn Ferry Sell, a sales effectiveness app available in App Exchange and app source that helps your sales team develop and replicate powerful sales strategies that help sellers win more deals and crush their quotas. Learn more at kornferry.com/saleseffectiveness

25 Apr 2023Sales Leadership: Inspiring Teams and Driving Results with Mike Cabot, #23500:46:43

The Modern Selling Podcast Episode #234 featuring Mike Cabot, CRO at Moogsoft.

Sales Leadership: Inspiring Teams and Driving Results.

Critical leadership success expectations and sales culture best practices for sales or revenue enablement organizations

21 Sep 2022Top Strategies for Product Led Growth with Jennifer Smith, #21500:54:37

How do you 10x your company’s growth in under a year? That’s a hot topic for debate, especially among software and technology companies. But, you won’t have to look far to find the answer.

Because whether you explore the business model of leading productivity tool companies such as Slack, Grammarly, Loom, or Calendly – one thing becomes abundantly clear.

Product Led Growth is THE way to rapidly scale your company to not only attract users by the hundred thousands but to position your business to secure funding and next-level sales.

But, the larger question becomes, what’s the best strategy to implement a product lead growth strategy that truly enables a company to scale and enhances the user experience to create consistent sales.

That’s the focus of this episode of the Modern Selling Podcast, with a CEO guest who is one of the leading experts in the industry.

Jennifer Smith is the cofounder and CEO of Scribe, a modern software solution that helps to capture, document, and streamline processes in minutes. With a background in sales and marketing, having worked with McKinsey, she has helped the largest companies redefine information sharing. With a passion and gift for efficiency and productivity, Jennifer searched for a solution that would make it easier for people to share multi-step processes within teams and organizations.

How do you define product led growth?

Even though product led growth has been a buzzphrase for over a decade, how it often is defined may change depending on who you ask. I was curious to hear Jennifer’s take on what product lead growth is and why it’s such a powerful strategy to scale.

She shares, “With product led growth, you're focused on the end user, which is oftentimes not the buyer. It's not the person who holds the budget, instead it’s the person using the product on a continuous basis who can share it with others which helps to spread the individual user base even faster.”

This is such an important distinction that has even powered the rapid growth of our productivity tool, FlyMSG.io. We’ve gone from a few beta users to over 5,000 active users in a little over a year with no marketing. That’s the power that a compelling product can have in driving adoption and quickly positioning a tool as a must-use across a host of different industries.

If you have a product and you’re not at least tripling the size of your user base every three to six months, then you’ll want to download this episode and listen carefully to the growth strategies Jennifer outlines.

How does product led growth really drive sales?

It’s clear that product led growth does just that… leverage your product to grow your user base. However, unless a monetization strategy is used, having a large user base won’t translate into overall sales growth for the organization.

With FlyMSG.io, our text expander and personal writing assistant, we’ve been able to offer upgrades for paid users as well as enterprise contracts to generate consistent (and sizable) revenue from those who use our tool. But, I wanted to hear the strategies that Jennifer uses to convert Scribe users into long-term and loyal customers.

She shares, “It’s one thing to see your user base grow exponentially, but then the challenge is, you have to shift your focus from user growth to sales growth. In other words, how do you turn an individual user into a bigger contract or get free users to want to swipe their credit card. For us, we looked at our user data. What companies were users coming from? Where were our Scribes being shared? How could we find large groups of individual users that made it worth us reaching out to their companies to pitch an enterprise solution?”

This is a brilliant strategy and one we’ve used at Vengreso with great success as well. In fact, in one day alone we saw over 20 free users from a single online pharmacy sign up for FlyMSG.io. That told us immediately that there was a potential sales opportunity there to create a corporate account.

Listen into the conversation to see what other “signs” you should be looking out for when trying to monetize a product led growth strategy.

What specific strategies turn users into buyers?

It’s one thing to build a product, but it’s another to create a product that users want to use and will pay for. Jennifer is the expert in this field and was clear on how she was able to position Scribe to quickly scale users and sales.

She outlines three specific strategies:

  1. Build a magical product – your product should be magnetic and have instant value to your users. The faster you can get them using your product, the easier it will be to convert them into a paying customer.
  2. Create viral sharing loops – the key in product lead growth is to generate immediate sharing of the tool. For Scribe, a user creates a Scribe that is then easily shared with others via a link or through integration. The more sharing that takes place, the more eyes are placed on the tool and its usefulness – compounding the user growth over time.
  3. Give value away as often as possible – a product led growth strategy only works if people see value in what you’re offering and want to use it. The best way to do that is to get people into the tool as quickly as possible, with a low barrier to entry, and no user friction.

Want more product led growth strategies and how you can use them to drive sales? Tune into the full conversation with Jennifer and get ready to take notes!

And, if you want to try Scribe out for free, head over to: https://scribehow.com/home and use promo code: ModernSelling to experience this robust tool. And, while you’re at it, make sure to download FlyMSG.io so you can type less and do more!

This episode of the Modern Selling Podcast is brought to you by Korn Ferry. Korn Ferry transforms sales teams using their world-class Miller Heiman, methodology, employee assessments, benchmarking and talent advisor capabilities to increase win rates and quota attainment. Korn Ferry offers Korn Ferry Sell, a sales effectiveness app available in App Exchange and app source that helps your sales team develop and replicate powerful sales strategies that help sellers win more deals and crush their quotas. Learn more at kornferry.com/saleseffectiveness.

21 May 2024Growth-Stage Venture Capital Strategies | Matt Melymuka #26900:50:29
 

Want to make better investment decisions and strategic growth plans? I've got the solution for you to achieve that. Get ready to improve your venture capital investment strategies and take your business to the next level. Let's dive in and uncover the key to successful growth-stage investment strategies.

Does this sound familiar? You've been bombarded with templatized outreach from investors who don't seem to know anything about your business? You're left feeling frustrated and disrespected, wondering if anyone took the time to understand your unique needs. It's time to change the game and experience a more strategic and tailored approach. Say goodbye to generic pitches and hello to a personalized, value-driven connection. It's time to engage with investors who truly understand your vision and goals.

Discover the unexpected sales technology revolution that's reshaping the industry. Unveil the inside secrets of how a venture capitalist is transforming growth-stage investment strategies. Learn how AI and automation are augmenting the human touch in sales. Find out the surprising movie choice of a Boston native turned New York investor. Stay tuned for the jaw-dropping insights that will change the way you approach sales tech forever.

This is Matt Melymuka's story:

Matt Melymuka, co-founder and managing partner at Peakspan Capital, offers a unique perspective on venture capital investment strategies. His journey into the world of growth-stage investment began over 15 years ago, focusing on B2B software. His passion for this niche led him to establish Peakspan Capital, a firm dedicated solely to B2B software. Matt's approach emphasizes specialization and strategic partnerships, aiming for a collaborative, domain-specific engagement with companies. His commitment to a focused, growth-driven investment strategy has not only shaped his professional journey but also reflects his dedication to creating impactful, sustainable partnerships. This journey showcases Matt's unwavering dedication to the B2B software industry and his passion for strategic, growth-focused investment strategies.

AI should not be thought of as replacing the seller or replacing a selling function or replacing even the seller's brain. AI is all about augmenting the seller. - Mario Martinez Jr.

This week's special guest is Matt Melymuka, the co-founder and managing partner of Peakspan Capital. He brings over a decade of expertise in growth-stage investment strategies. With a focus on late-stage growth companies, Matt's leadership at Peakspan has resulted in managing $2 billion across three funds and a $600 million active investment vehicle. His specialized approach centers on B2B software, encompassing sales, marketing, and hospitality technology. Matt's philosophy of maintaining alignment with ambitious yet pragmatic objectives has led to a remarkably low capital loss ratio of 1.4%, demonstrating his commitment to collaborative and sustainable growth for entrepreneurs. As a guest on the Modern Selling Podcast, Matt promises an insightful conversation on venture capital investment strategies that will undoubtedly enlighten and inspire entrepreneurs, business leaders, and investors.

In this episode, you will be able to:

  • Mastering Venture Capital Investment Strategies: Uncover the secrets to successful growth-stage investments and maximize your returns.

  • Navigating Sales Technology Trends 2023: Stay ahead of the curve with the latest advancements in sales tech, giving your business a competitive edge.

  • Implementing B2B SaaS Marketing Best Practices: Learn how to effectively market your B2B SaaS product and boost your customer acquisition.

  • Embracing AI and Automation in Sales: Streamline your sales processes and enhance productivity by harnessing the power of AI and automation.

  • Excelling in Effective Fundraising for Startups: Discover the key tactics for successful fundraising, propelling your startup to new heights.

The key moments in this episode are:
00:00:08 - Introduction to Vengreso and FlyMSG

00:01:21 - Focus and Specialization at Peakspan Capital

00:07:23 - Contrarian Approach to Venture Capital

00:10:03 - Fundraising Challenges and Personal Revelation

00:13:14 - Traveling with Kids and Parenting

00:13:44 - Parenting and Family Dynamics

00:15:09 - Market Trends in 2023

00:17:16 - Sales Organization Investment

00:19:41 - Strategic Approach to Sales Investment

00:24:24 - Buyer-Centric Sales Tech Trends

00:28:23 - The Importance of Writing Skills in Sales

00:29:07 - Personalization in Sales Outreach

00:30:50 - Technology's Impact on Sales Training

00:33:56 - The Role of Technology in Sales and Marketing

00:39:27 - Strategic Relationship Building in Sales

00:42:02 - The Role of AI in Sales Development

00:43:26 - Technology as an Enabler

00:44:06 - Augmenting the Seller with AI

00:46:29 - Focus on Augmentation, not Replacement

00:47:18 - Contact Information

Timestamped summary of this episode:
00:00:08 - Introduction to Vengreso and FlyMSG
Mario Martinez Jr. introduces himself as the CEO and founder of Vengreso, the creators of FlyMSG, a personal writing assistant and text expander application.

00:01:21 - Focus and Specialization at Peakspan Capital
Matt Malamuka explains Peakspan Capital's focus on B2B software, with a specialized approach to investing in growth stage companies with real products, customers, and revenue. They aim to partner with capital-efficient companies and maintain optionality for the entrepreneur.

00:07:23 - Contrarian Approach to Venture Capital
Matt discusses Peakspan's philosophy of being "decidedly contra Silicon Valley," aiming to avoid the pitfalls of excessive funding and rapid growth at the expense of operational risk. They focus on aligned and pragmatic growth strategies with like-minded entrepreneurs.

00:10:03 - Fundraising Challenges and Personal Revelation
Mario Martinez shares his experience with fundraising for his second business and acknowledges the challenges and uncertainties of the process. Matt also reveals his personal passion for travel and his family's commitment to no screen time for their three-year-old daughter.

00:13:14 - Traveling with Kids and Parenting
Matt discusses the challenges of traveling with young children and their decision to avoid screen time for their daughter. He shares the creative ways they entertain her on long flights, emphasizing the importance of storytelling and interactive activities.

00:13:44 - Parenting and Family Dynamics
Matt discusses the challenges of balancing family life and parenting, particularly around mealtime and screen time for children. He emphasizes the importance of eating dinner together as a family without distractions.

00:15:09 - Market Trends in 2023
Matt shares insights into the challenging software market trends in 2023, highlighting a decline in growth rates and the impact on sales tech companies. He discusses the need for companies to navigate the tough market conditions and make strategic adjustments.

00:17:16 - Sales Organization Investment
Matt and the host discuss the importance of reinvesting in the sales organization during tough market conditions. They emphasize the value of retaining and investing in the right sales talent while focusing on customer base expansion and upselling.

00:19:41 - Strategic Approach to Sales Investment
The conversation delves into the strategic approach to sales investment during challenging times, emphasizing the need to cut non-performing personnel while re-investing in tools, technologies, and training for the sales team.

00:24:24 - Buyer-Centric Sales Tech Trends
Matt discusses the shift from sales-centric to buyer-centric trends in sales tech, emphasizing the importance of catering to buyer needs and providing relevant information in a non-intrusive way to drive informed decision-making.

00:28:23 - The Importance of Writing Skills in Sales
The conversation starts with a focus on increasing productivity by making sellers smarter. The inability to write well is identified as the biggest time suck for sellers, leading to the templatization of content.

00:29:07 - Personalization in Sales Outreach
The guest shares a personal experience of receiving a connection request and highlights the importance of personalization in sales outreach. Strategies to make outreach more personalized, such as adding a period after the first name, are discussed.

00:30:50 - Technology's Impact on Sales Training
The conversation delves into the challenges of adding technology without making sellers smarter or addressing their biggest problems, such as writing skills. The lack of training on the entire sales process and utilization of technology is identified as a common issue.

00:33:56 - The Role of Technology in Sales and Marketing
The impact of technology on sales and marketing stacks is discussed, emphasizing the need for a mindset shift towards technology as an enabler of sales rather than an obstacle. The importance of seamlessly integrating technology into the existing workflow of reps is highlighted.

00:39:27 - Strategic Relationship Building in Sales
The guest emphasizes the significance of leading with valuable content in sales outreach to build strategic relationships with entrepreneurs. The approach of personalizing emails and showing a strategic level of rapport is discussed as a respectful and effective strategy in investor conversations.

00:42:02 - The Role of AI in Sales Development
Matt discusses how AI augments the role of the SDR and enables full lifecycle sellers by automating tasks like creating collateral and content for prospects.

00:43:26 - Technology as an Enabler
Matt emphasizes that technology should enhance the seller's ability to have personalized and engaging conversations, ultimately driving better outcomes and more time for human interaction.

00:44:06 - Augmenting the Seller with AI
Matt gives an example of how AI can augment sellers by creating a product that helps them write social media posts quickly, saving time and increasing engagement speed.

00:46:29 - Focus on Augmentation, not Replacement
Matt stresses the importance of viewing AI as a tool that supplements and enhances existing workflows, making sellers better, faster, and more data-informed in their decision-making.

00:47:18 - Contact Information
Matt provides his email and LinkedIn profile for anyone interested in reaching out to him for further discussion or collaboration.

Mastering Venture Capital Investment
Venture capital investment requires specialization and domain expertise, as emphasized by Matt Melymuka in the episode. PeakSpan Capital's focus on B2B software and sustainable growth highlights the importance of targeted investment strategies. By targeting companies in the emerging growth phase, investors can align with pragmatic objectives for long-term success.

Navigating Sales Technology Trends
Matt Melymuka and Mario Martinez Jr. delve into the challenges and trends in sales technology, particularly in relation to AI and automation. The conversation emphasizes the need for technology to seamlessly integrate into sales workflows, enabling sales professionals to make data-informed decisions. Understanding the impact of technology on sales processes is crucial for businesses navigating the evolving landscape of sales tech.

Elevating B2B SaaS Marketing
B2B SaaS marketing strategies can benefit from a personalized and genuine approach, as discussed by the guests in the episode. Matt Melymuka highlights the value of thematic alignment and specialization in sales tech investments to drive success in B2B SaaS marketing. Investing in AI-enabled platforms can enhance sales processes, augmenting the role of sales professionals and improving engagement with prospects.

The resources mentioned in this episode are:

  • To save 20 hours or more in a month and increase your productivity, download FlyMSG for free, on Chrome and Edge. It's your free text expander and personal writing assistant.

  • Connect with Matt Melymuka on LinkedIn and mention that you heard him on the Modern Selling Podcast.

  • Email Matt Melymuka at matt@peakspancapital.com to get in touch with him directly.

  • Give the Modern Selling Podcast a five-star rating and review on iTunes to show your support.

  • Watch The Shawshank Redemption, Matt Melymuka's all-time favorite movie, for a captivating cinematic experience.

25 Jun 2024Listen to Sell: Active Listening Skills to Build Trust and Close More Deals00:49:19
 

Do you want to know the secret to building genuine connections with your customers and improving your sales numbers at scale? We're about to share the solution with you so that you can achieve that result.

We are sure you've been told to focus on product information, tricks of selling, and not your mindset or motivation. But deep down, you know this approach isn't getting you the results you want. You're feeling stuck, frustrated, and struggling to hit your sales targets. Isn't it time to find a better way to unlock your true potential and achieve the success you deserve?

Discover how active listening and a shift in mindset can revolutionize your sales performance. Get ready to be inspired and take your sales to new heights. Keep listening for the full story.

Did you know that a former school teacher turned salesperson tripled his sales in just 30 to 60 days simply by shifting his mindset? And what if I told you that the key to his success wasn't just about learning new skills, but about understanding his purpose and values? This unexpected transformation is just one of the powerful stories shared in the book "Listen to Sell" by Mike Esterday, CEO of Integrity Solutions.

This is Mike Esterday's story:

The spark that ignited Mike Esterday's journey into the realm of active listening and sales was kindled by a personal experience that underscored the profound value of genuine connection. As he trod the intricate pathways of sales, he encountered instances where empathetic understanding was pivotal. This epiphany kindled a fervent passion within him to unravel the intricacies of active listening, propelling him to explore its profound impact on fostering authentic client relationships. The pivotal moment that propelled him on this odyssey resonates with a universal quest for forging meaningful connections in the sales sphere. Mike's narrative stands as a testament to the transformative influence of active listening, demonstrating how a singular realization can revolutionize an individual's approach to sales and relationship cultivation.

In this episode of The Modern Selling Podcast, Mario Martinez Jr. engages in a thought-provoking conversation with Mike Esterday, the CEO of Integrity Solutions and co-author of the book "Listen to Sell". Esterday shares valuable insights into the importance of active listening in sales, emphasizing the need for elevated skills in today's marketplace.

He also highlights the negative stereotype attached to sales and stresses the significance of redefining selling as identifying needs, filling needs, and creating value for people. The conversation delves into the concept of three key conversations every salesperson needs to have, focusing on the impact of internal dialogue, coaching, and mentorship.

Esterday's emphasis on mindset, achievement drive, and the human touch in sales offers practical and actionable insights for sales professionals aiming to enhance their approach and drive better outcomes. The episode provides a holistic understanding of what it takes to succeed in sales, encompassing not only product knowledge and skills but also the deeper components of mindset, motivation, and belief in one's abilities.

Most people want to be part of a journey, want to be part of a story. They're actually drawn to people who are transparent, tell the truth. They're open with that. - Mike Esterday

Mike Esterday, the CEO of Integrity Solutions, is the guest for this episode of The Modern Selling Podcast. He brings over three decades of experience in sales and sales coaching to the table. Growing up on a farm in Illinois and starting his sales career selling books door to door on straight commission, Mike's journey in sales began early. With a passion for helping companies globally improve their sales and sales coaching skills, he co-authored the book "Listen to Sell," drawing from his extensive knowledge and expertise. His unique background and practical insights make him an invaluable resource for understanding the importance of active listening in sales and building genuine relationships with customers.

In this episode, you will learn how:

  • Mastering active listening will transform your sales conversations and build genuine connections with customers.

  • To discover the key to overcoming self-limiting beliefs in sales and unlocking your full potential.

  • To elevate your sales coaching skills to lead and motivate your team to achieve global success.

  • To uncover effective strategies for leading your sales team to new heights and achieving remarkable results.

  • To create value through customer-focused selling and become a trusted advisor to your clients.

The key moments in this episode are:
00:00:08 - Introduction to Vengreso and FlyMSG.io

00:01:24 - Introduction to Integrity Solutions

00:04:33 - Personal Anecdote

00:05:43 - The Role of Salespeople

00:11:15 - The Three Conversations

00:14:55 - Setting Expectations for Achievement Drive

00:16:16 - Achieving Stretch Goals

00:19:11 - Overcoming Negative Self-Talk

00:21:26 - Importance of Active Listening

00:25:11 - Mindset and Sales Training

00:29:33 - Overcoming Negative Self-Talk in Sales

00:30:48 - The Role of the Salesperson in the Age of Technology

00:31:40 - Strategies to Overcome Self-Limiting Beliefs

00:36:19 - The Importance of Selling with Stories

00:38:26 - The Role of a Sales Leader

00:43:59 - The Power of Transparency and Storytelling in Sales

00:44:51 - Customer Engagement and Motivation

00:45:38 - Identifying Customer Needs and Solving Problems

00:46:00 - Where to Find the Book "Listen to Sell"

00:46:47 - Connecting with Mike

Timestamped summary of this episode:
00:00:08 - Introduction to Vengreso and FlyMSG
Mario Martinez Jr. introduces himself and his company Vengreso, the creator of FlyMSG. He shares that the podcast will feature sales leaders, practitioners, and influencers to help listeners grow their sales numbers at scale.

00:01:24 - Introduction to Integrity Solutions
Mike Esterday introduces himself as the CEO of Integrity Solutions, a company that focuses on improving sales and sales coaching skills. He shares that they work with companies globally and have been in the industry for over 35 years.

00:04:33 - Personal Anecdote
Mike Esterday shares a personal anecdote about getting arrested for selling books door to door when he was 18. He emphasizes the importance of shifting the mindset about what professional selling truly entails.

00:05:43 - The Role of Salespeople
Mike Esterday discusses the importance of salespeople in today's market, emphasizing the need for elevated skills to interact with customers who have access to extensive information. He believes that salespeople are critical and not fading in relevance.

00:11:15 - The Three Conversations
Mike Esterday introduces the concept of the three conversations every salesperson needs to have: the conversation with the customer, the conversation with oneself, and the conversation with a manager, coach, or mentor. He highlights the impact of mindset and coaching on sales success.

00:14:55 - Setting Expectations for Achievement Drive
Mike talks about setting clear expectations for his son's academic performance and the importance of effort and accountability.

00:16:16 - Achieving Stretch Goals
Mike shares the lessons he hopes his son learned, including the importance of pushing hard, visualizing goals, and having an accountability partner.

00:19:11 - Overcoming Negative Self-Talk
Mike emphasizes the impact of negative self-talk and the importance of surrounding oneself with positive influences to achieve more.

00:21:26 - Importance of Active Listening
Mike discusses the significance of active listening in sales and how it can help build rapport and trust with customers.

00:25:11 - Mindset and Sales Training
Mike addresses the gap in sales training, emphasizing the importance of mindset, motivation, and confidence over just product knowledge and selling skills.

00:29:33 - Overcoming Negative Self-Talk in Sales
The conversation addresses the importance of overcoming negative self-talk in sales and how individuals deserve, can achieve, and are able to attain success. It emphasizes the need to break down barriers and have the right mindset, motivation, and confidence.

00:30:48 - The Role of the Salesperson in the Age of Technology
Despite advancements in technology, the salesperson remains the most important factor in sales. The conversation highlights the importance of the salesperson's mindset, commitment, and continuous improvement in facing challenges and achieving success.

00:31:40 - Strategies to Overcome Self-Limiting Beliefs
The discussion focuses on strategies for overcoming self-limiting beliefs that hinder sales performance. It emphasizes the importance of building confidence through small successes and understanding the impact on customers, even if it's not their own story.

00:36:19 - The Importance of Selling with Stories
The conversation emphasizes the need for internal sales training programs that focus on selling with stories. It underscores the value of articulating the business problem that the salesperson solves and understanding the buyer's love language.

00:38:26 - The Role of a Sales Leader
The conversation highlights the role of sales leaders in diagnosing and addressing skill and will issues in their team. It emphasizes the importance of asking questions, listening, understanding motivation, and aligning with the purpose of the salesperson.

00:43:59 - The Power of Transparency and Storytelling in Sales
Mike emphasizes the importance of transparency and storytelling in sales. He shares how sharing the journey with customers and being transparent about challenges can help build a strong connection and trust.

00:44:51 - Customer Engagement and Motivation
Mike discusses how customers are drawn to transparency, truth, and being part of a journey. He highlights the importance of customer engagement and motivation in sales.

00:45:38 - Identifying Customer Needs and Solving Problems
Mike and the host discuss the importance of identifying customer needs and solving problems. They emphasize the value of understanding customer needs and being able to tell success stories to the next group of customers.

00:46:00 - Where to Find the Book "Listen to Sell"
Mike shares where listeners can find his book "Listen to Sell," including options like Amazon, Barnes and Noble, and his website. He also mentions the availability of free preview pages and additional content on his website.

00:46:47 - Connecting with Mike
Mike shares that LinkedIn is the best way to connect with him and encourages listeners to reach out with any questions. The host advises listeners to send a personalized connection request on LinkedIn to ensure Mike knows where they heard about him.

Mastering Active Listening
Effective sales professionals understand the importance of active listening, as it enables them to truly understand their customers' needs and concerns. By actively listening, salespeople can build rapport, establish trust, and tailor their solutions to meet the specific requirements of each customer. Mastering active listening not only enhances communication but also leads to more successful sales interactions.

Overcoming Self-Limiting Beliefs
Sales success is often hindered by self-limiting beliefs that prevent individuals from achieving their full potential. Overcoming these mental barriers is crucial for sales professionals to unlock their capabilities, boost confidence, and drive performance. By challenging and replacing negative thoughts with empowering beliefs, individuals can push past limitations and achieve greater success in their sales endeavors.

Elevating Sales Leadership
Strong sales leadership plays a pivotal role in fostering a culture of excellence and driving team performance. Effective sales leaders prioritize coaching, mentorship, and development to enhance the skills and motivation of their team members. Elevating sales leadership involves creating a supportive environment that encourages growth, collaboration, and continuous improvement to achieve sustainable sales success.

The resources mentioned in this episode are:

  • Get the book Listen to Sell by Mike Esterday on Amazon, Barnes & Noble, or at listentosellbook.com for a preview and purchase.

  • Access free sales training and coaching resources at integritysolutions.com, including blogs, videos, and other content.

  • Connect with Mike Esterday on LinkedIn by sending a personalized connection request mentioning the Modern Selling Podcast.

  • Download FlyMSG for free to save 20 hours or more in a month and increase productivity with a text expander and personal writing assistant.

  • Give the Modern Selling Podcast a five-star rating and review on iTunes to show your support and help others discover the podcast.

30 Nov 2021Getting Unreceptive Prospects to Say Yes with Tom Stanfill, #19300:50:09

Prospecting has become one of the most difficult steps in the sales cycle. But, what can modern sellers do to turn the tide and get disinterested prospects to lean in and want to explore new solutions to their problems?

That’s the question we set out to answer in this episode of the Modern Selling Podcast with my special guest and prospecting guru, Tom Stanfill, as we explore the invaluable sales strategies he outlines in his new book, unReceptive: A Better Way to Sell, Lead, and Influence.

Tom Stanfill is the CEO and Co-Founder of ASLAN Training, a global sales enablement company that provides sales training to a wide range of Fortune 500 clients including household names such as HP, Aflac, Johnson & Johnson, Merck, and FedEx. ASLAN has served more than 100,000 sales professionals in over 35 countries. 

For eight years in a row, Selling Power magazine, the premier industry publication for sales professionals, has named ASLAN as one of the nation’s top sales training companies. Mastering the art of sales conversations in an age when prospects are constantly experiencing information overload is why many tout Tom’s book, unReceptive: A Better Way to Sell, Lead, and Influence, as being the must-read in this post-pandemic marketplace.

Be sure to listen in to the full conversation as we dive deeper into Tom’s sales methodologies that work to help modern sellers book more sales meetings, close more deals, and better engage modern buyers.

Whether you’re a sales leader, a sales enablement manager, or an individual seller, there are lots of sales gems in this episode. Download it now to start listening.

Why Is Traditional Selling Not Working?

How we sell to modern buyers has drastically changed over the past two years. From in-person meetings having to quickly pivot to online Zoom calls, getting your prospect to open your sales emails or respond to your cold outreach attempts has become even more difficult.

That’s why nearly 70% of sales reps acknowledge that prospecting is the most time-consuming part of the sales cycle. With buyers having so many options to choose from and the growing presence of what I call, digital pollution, bombarding B2B prospects with an endless drip of sales messages simply won’t work to more book sales meetings.

So, to get to the heart of why traditional sales techniques are obsolete, I asked Tom to share some of his insights on the topic.

“The research is really eye-opening because a customer’s willingness to work with a seller to evaluate their solution has declined 120% in the last three years. When a customer is emotionally closed, the traditional approach to selling and influencing doesn't work – it actually backfires. Because of the explosion of information, people are more isolated and they’re less receptive to any type of sales message,” Tom explains.

Also, according to Tom, just 8% of sales reps have consistently met their quota over the last 24 months. So, the question then becomes: what should modern sellers be doing to move the sales needle to get the attention of the unreceptive prospect?

His detailed answer is quite telling, so be sure to tune for the full conversation to hear his response and the strategy he says works to 2x the number of booked sales meetings.

How Do You Win Over Unreceptive Prospects?

I wanted to get to the heart of what’s working to get the disengaged prospect to at least be open to an initial conversation.

At Vengreso, with our Modern Sales Mastery program, we teach sales leaders and reps to lead with personalization and value – not hardcore selling, if they want to authentically engage and build relationships with their prospects and customers.

However, what’s equally important is to leverage the art of social selling to reach prospects where they are with messages that speak to what they are trying to achieve or what problem they are looking to solve.

Tom adds to this methodology, with an insightful piece of sales advice, “There’s a natural amount of tension in a sales conversation, just by the nature that you are trying to sell them something. But, when you ‘drop the rope’ as I call it and acknowledge that maybe your solution isn’t the best fit for them, now you’ll start to see them open up because they don’t feel like you’re selling them anymore.”

We take a similar approach in our PVC sales methodology, where we teach sellers that the goal isn’t to pitch your product and to convince the prospect to buy. Rather, the real goal of a sales conversation is to listen, gather information about their pain points, and equip the prospect with the key information they need to see that your offering can address their needs.

Download and listen to the entire episode to hear how Tom applies his ‘drop the rope’ method to a real-world selling scenario. Even this part of the conversation alone can help sales teams get better results.

How Should Modern Sellers Approach the Sales Conversation?

I wanted to get Tom’s point of view on what sales reps really should be saying and doing to book more sales meetings, if prospects are more unreceptive now than ever before.

“Here's a simple thing that makes it super easy to get a meeting. If you want to get a meeting, you get somebody's attention, you lead with what's on their whiteboard... It’s either something they want or a problem they have in getting what they want that will always get their attention. But here's the hard part, you may not know what's on their whiteboard. So, that’s where the real work starts.”

Tom’s insights were music to my sales ears!

With our digital sales methodology, we teach that effective prospecting is all about doing good research. Modern sellers must know what keeps their prospects up at night and what pressing problems are they looking to solve right now. The more tuned in you are to your prospect’s needs, the more equipped you’ll be to craft sales messages that get replies and have sales conversations that turn into closed deals.

Tom also shares his unique “Because You” strategy that works to reposition the sales conversation away from selling and more toward solution providing. According to Tom, implementing this one technique has resulted in sales reps doubling their number of closed deals.

Want to get in on the sales action? Be sure to pay close attention around the 35-minute mark to hear how Tom’s “Because You” sales strategy works. Click here to download the full episode and join the conversation now.

This episode of The Modern Selling Podcast was brought to you by OrgChartHub. The B2B purchasing process can be quite complex. OrgChartHub seamlessly integrates into your existing HubSpot account, giving your sales team the ability to immediately map out the key decision makers, so you can get to a “Yes!” – even faster. It takes just two clicks to get set up – try out OrgChartHub today!

09 Jul 2024The CEO's Playbook for Enterprise Selling Success00:52:29
 

Have you ever wondered about the myths surrounding AI-driven sales engagement strategies? Let's talk about three common myths and uncover the truth behind them. But before we dive in, let's explore the real strategies that are revolutionizing sales engagement using AI. Stay tuned for the secrets!

If you're feeling overwhelmed by the time it takes to gather and analyze data for your sales strategies, then you are not alone! Are you tired of juggling multiple tools and platforms to make informed decisions?

It's time to streamline your sales process with AI-driven insights. Let's revolutionize the way you engage with potential customers and boost your sales efficiency!

Henry Schuck, the founder and CEO of Zoom Info, shared his remarkable journey with Mario in this Modern Selling Podcast Episode. Starting the business from his law school dorm with a bold move of putting $25,000 on his credit card, Henry's vision was clear - to build a data asset and a platform to deliver high-quality data to sales and marketing professionals.

I'm no longer then just thinking of Zoom info as the platform that's going to give me names, contact information, titles, data enrichment. I am now thinking of it as a tool that's helping with account research, account insights and, or buying and signals or prioritization. - Henry Schuck

My special guest is Henry Schuck

Henry Schuck is the visionary CEO and founder of Zoom Info, a prominent figure in the sales and marketing industry for over 17 years. With a strong foundation in building a data asset and platform, Henry has successfully provided high-quality data on companies and business professionals to over 35,000 customers. His strategic focus on leveraging AI-driven strategies for efficient sales engagement has been instrumental in driving the company's success. Henry's expertise and achievements position him as an authoritative voice in the realm of sales efficiency and scalable growth, making his insights invaluable for sales teams looking to optimize their strategies.

Henry's commitment to leveraging AI-driven strategies for sales engagement has not only transformed Zoom Info but has set a benchmark for the sales industry as a whole. His wealth of experience and innovative approach make him a compelling source of insights for sales professionals seeking to enhance their sales plan's efficiency and growth at scale.

In this episode, you will be able to:

  • Harness the power of AI-driven sales engagement strategies to supercharge your sales process.

  • Unlock the potential of personalization in C-suite sales tactics to build stronger, more profitable relationships.

  • Discover the game-changing impact of multi-threading in sales processes and how it can revolutionize your approach.

  • Navigate the transition from a service to a SaaS business model with expert insights and key strategies for success.

  • Gain valuable insights into evaluating sales tool effectiveness in driving revenue and optimizing your sales tech stack.

 

The key moments in this episode are:
00:00:08 - Introduction to Vengreso and FlyMSG

00:01:17 - Special Guest: Henry Schuck

00:02:18 - Establishment of Zoom Info

00:05:29 - Discoverorg-Zoom Info Connection

00:09:47 - Henry's Legal Background and Risk Management

00:14:56 - Personalized Messaging in Sales

00:17:53 - Targeting Different Organization Sizes

00:21:08 - Targeting High-Level Executives

00:24:25 - Getting C-Suite Involvement

00:27:50 - Navigating Trust and Involving C-Suite

00:28:26 - Leveraging Champions for Meetings

00:29:18 - Connecting at Different Levels

00:30:40 - Building Strong Relationships

00:32:34 - Fostering Partnership with Clients

00:33:45 - Contrasting Sales Tactics for Different Segments

00:41:55 - Importance of Multi-Threading in Sales and Marketing

00:43:24 - Utilizing AI for Efficient Sales

00:45:05 - AI-Driven Account Briefs

00:48:07 - Revolutionizing Go-to-Market Strategy

Timestamped summary of this episode:
00:00:08 - Introduction to Vengreso and FlyMSG
Mario Martinez introduces himself as the CEO and founder of Vengreso, creators of FlyMSG, a free personal writing assistant and text expander application. He sets the stage for the podcast's focus on helping sales leaders grow their sales numbers at scale.

00:01:17 - Special Guest: Henry Schuck
Mario introduces Henry Schuck, CEO and founder of Zoom Info, as a special guest. He expresses excitement about having Henry on the show and highlights their shared interest in the evolution of service companies into SaaS companies.

00:02:18 - Establishment of Zoom Info
Henry provides a background on Zoom Info, detailing its founding in 2007 and the company's focus on building a data asset to deliver high-quality data to sales and marketing professionals. He emphasizes the importance of identifying companies in the market for products and services.

00:05:29 - Discoverorg-Zoom Info Connection
Henry discusses the acquisition of Zoom Info and the subsequent name change from Discoverorg to Zoom Info. Mario shares a story about using Discoverorg's data to demonstrate the ROI and effectiveness of sales tools, ultimately leading to the decision to discontinue data.com.

00:09:47 - Henry's Legal Background and Risk Management
Henry reveals his legal background as a licensed attorney in two states, highlighting the credibility it brought to his role as CEO and the value of understanding and managing business risks.

00:14:56 - Personalized Messaging in Sales
Henry emphasizes the importance of personalized messaging in sales. Generic messages are ineffective, and it's crucial to tailor the pitch to address specific problems a company is trying to solve.

00:17:53 - Targeting Different Organization Sizes
Henry discusses the differences in engagement when dealing with smaller versus larger organizations. As a company grows, decision-making is delegated, and it's essential to adjust the messaging and approach accordingly.

00:21:08 - Targeting High-Level Executives
Henry shares his perspective on engaging high-level executives in the sales process. He emphasizes the importance of building trust and partnership with the company's champion first before involving C-suite executives.

00:24:25 - Getting C-Suite Involvement
The challenge of involving C-suite executives in the sales process is addressed. Henry advises leveraging the champion in the business to facilitate C-suite involvement and transition from a seller-buyer dynamic to a unified team dynamic.

00:27:50 - Navigating Trust and Involving C-Suite
Henry provides insights on navigating trust when involving C-suite executives in the sales process. He highlights the importance of maintaining trust with the champion and offers strategic ways to involve executives without undermining the existing relationship.

00:28:26 - Leveraging Champions for Meetings
Henry advises pressing your champion to secure a meeting instead of assuming they will seal the deal. He suggests asking the champion to arrange a meeting with decision-makers and leveraging executives to assist in the process.

00:29:18 - Connecting at Different Levels
Henry highlights the importance of connecting with individuals at different levels within the company. He suggests using platforms like LinkedIn to establish connections with managers and managers' managers, showing familiarity with the company's operations and competitors.

00:30:40 - Building Strong Relationships
Mario shares an anecdote about building a strong relationship with a CIO at a global pharmaceutical distribution company. The CIO valued vendors who could help improve the business and stand out from competitors. This emphasizes the importance of understanding the client's business and offering solutions.

00:32:34 - Fostering Partnership with Clients
The discussion emphasizes the concept of partnership with clients. Henry emphasizes the goal of being a strategic advisor to clients, where they feel comfortable reaching out for assistance with go-to-market problems. Building such relationships leads to continuous growth with clients.

00:33:45 - Contrasting Sales Tactics for Different Segments
Henry discusses the differences in sales tactics for small and medium-sized businesses versus enterprise sales. He emphasizes that enterprise sales require relationship-building and understanding the decision-making process, while mid-market sales are more velocity-driven. Sales leaders need to manage metrics differently for each segment.

00:41:55 - Importance of Multi-Threading in Sales and Marketing
Henry discusses the importance of multi-threading in sales and marketing at ZoomInfo, emphasizing the need to involve both sales and marketing decision-makers for a more effective approach towards target accounts.

00:43:24 - Utilizing AI for Efficient Sales
Henry explains how ZoomInfo uses AI to prioritize target accounts based on collected signals, making the sales process faster and more efficient. He also discusses the use of AI to gather account insights and research, saving time for sales reps.

00:45:05 - AI-Driven Account Briefs
Henry elaborates on how ZoomInfo's AI function brings together various data sources, including third-party data, to provide comprehensive account briefs, enabling sales reps to access valuable insights without spending hours on manual research.

00:48:07 - Revolutionizing Go-to-Market Strategy
Henry and Mario discuss how ZoomInfo's journey of acquisitions has led to the development of a total solution for the marketplace, impacting their go-to-market strategy. Henry shares how the company's vision has evolved and expanded to deliver a comprehensive offering to customers.

Henry Schuck's realization that most companies lack comprehensive data on existing and potential customers led to the evolution of Zoom Info's data asset, now comprising 100 million companies and 300 million business professionals. Henry's passion for leveraging data to identify companies in the market for specific products and services is truly inspiring. He emphasized the importance of personalization in sales engagement, drawing from his own experience and the pivotal role of legal education in understanding risk and business decision-making. This journey not only highlights Henry's entrepreneurial spirit but also offers valuable insights into leveraging data and personalization in the sales process.

Henry Schuck, has been at the forefront of revolutionizing sales and marketing strategies for over 17 years. His relentless pursuit of high-quality data solutions has empowered over 35,000 customers to engage with their next best customers, identify key decision-makers, and understand market segments.

The resources mentioned in this episode are:

  • Connect with Henry Schuck on LinkedIn or Twitter to engage in further conversation about sales strategies and AI implementation.

  • Download the FlyMSG extension for free to save 20 hours or more in a month and increase productivity with a free text expander and personal writing assistant.

  • Reach out to Henry Schuck via email at shuck@zoominfo.com to connect directly and discuss sales strategies, AI implementation, or any other related topics.

  • Give the Modern Selling Podcast a five-star rating and review on iTunes to show support and help the podcast reach a wider audience.

  • Watch Shawshank Redemption, Henry Schuck's all-time favorite movie, for an engaging and thought-provoking cinematic experience.

28 Sep 2022Driving Sales with Product Led Growth with Kate Ahlering, #21600:49:05

From Loom, to Dropbox, to Grammarly, and even Calendly – there are hundreds, if not thousands, of productivity management software tools on the market to choose from. Although these tools often draw millions of free users every year – the question often becomes how do product led growth companies truly scale and become profitable sales engines?

That’s the topic of discussion in this episode of the Modern Selling Podcast.

With our expert guest, we dive deep into the sales side of product led growth, what it means, what metrics sales leaders should be tracking, and the proven strategies to use to not just scale – but to grow efficiently and profitably as an organization.

In this episode we welcome Kate Ahlering, the Chief Revenue Officer at Calendly – the modern scheduling platform for high-performing teams and individuals. Kate currently leads sales, partnerships, and revenue operations for one of the fastest growing product led growth companies in the world.

Prior to joining Calendly, Kate was the Chief Sales Officer for Glassdoor, one of the world's largest jobs and recruiting sites. She led a team of 600+ globally across new business acquisition, account management, customer success & support, channel sales, and revenue operations. Reporting directly to the CEO, she was responsible for Glassdoor’s go-to-market vision, strategy, and execution.

Download the episode to hear the proven sales strategies Calendly and other large product led growth companies are using to drive sales.

What are the challenges that sales teams are facing?

With such a digital world, sales teams have had to transition rapidly to meet the modern buyer on a host of online platforms. I wanted to get Kate’s perspective on what sales teams are facing right now in the post-pandemic space.

Kate shares, “Now, more than 80% of transactions of the B2B buying process have some sort of digital component or online touchpoint. This has made the sales experience and expectations far more complex. I think the challenges that a lot of sales teams face are around how to interact with prospects and customers. How do you engage with your audience and bring value to them as often as you can? That’s a constant question sales teams are trying to answer every day.”

I’ve seen this too, with Vengreso, over the past two years. Instead of relying on face to face communication, our sales teams now have to figure out what is the best route to reach out to and engage with prospects. Is it by phone? Video chat? Email? Text message? Social media? These are all avenues now that we have to explore when we reach out to modern buyers.

Join in the conversation with Kate to hear what other challenges she sees sales teams facing and how she recommends sales leaders help them move beyond the obstacles.

How does Product Led Growth differ from Sales Led Growth?

We often throw out these “buzzwords” without truly defining them. So, I wanted to spend time with Kate getting clear on the difference between product led growth (PLG) and sales led growth (SLG). 

Product led growth is all about getting more users into your product to rapidly grow your user base. The focus here is on building value to get people into your product.

Whereas sales led growth is just that – focused on monetizing your products or services to grow revenue. Once you’ve grown your product to a critical mass of users, now the conversation has to shift to getting these users to pay.

At Vengreso, we experienced this transition ourselves when we made the major decision to move away from being a video sales training company to becoming a SaaS company, with the rollout of FlyMSG.io – our innovative, text expander tool for knowledge workers.

It’s in this transitional period that we had to focus on how to bring value to our FlyMSG users to both grow our audience base AND to convince them to upgrade to a paid subscription, to ultimately drive sales.

I know Kate has had a similar experience with Calendly, so we spent some time diving into the details of how to make this transition from PLG to SLG and what that means exactly.

Her insights are spot on, “With PLG, the salesperson’s job has to evolve from solely focusing on outbound, prospecting strategies to instead focusing on looking at the user data for actionable trends. For example, if we see that an organization has 100 free users, then it’s the salesperson’s responsibility to find the key decision maker at that organization, reach out to them, and clearly convey the value in an Enterprise account.”

Listen into the full conversation to hear what specific user data points Kate highly recommends that every salesperson tracks to know when and how to drive sales.

What are the steps to transition from PLG to SLG?

This transition often takes time and a strategic approach. For example, even though Calendly has been around for a decade, their monetization model is still in its infancy. In fact, when Kate joined Calendly, they had not yet monetized their product. 

I was curious to know what steps she took to help Calendly make the transition to sales led growth to get a large portion of their free users to upgrade. 

According to Kate, there are three key steps to take:

  1. Optimize inbound leads. With a robust user base, the key is to enhance their experience. Getting free users to absolutely love your product and see the immediate value in it makes it a lot easier to pitch paid upgrades.
  2. Drive value for large target accounts. To accelerate growth, it’s critical to look at the data for user trends and identify those large target accounts that could convert to Enterprise sales. However, to do this well, you have to get clear on the value your product brings to not just the individual users, but to the organization as a whole.
  3. Establish a sales structure. When you focus on product growth, other key sales systems may not be in place. That’s why it’s important to get sales methodologies and playbooks established so you can standardize the sales process to easily track sales and success.

Want to know more about making this transition? Tune into this episode to get the sales gems that Kate shares related to how she’s scaling sales within Calendly.

This episode of the Modern Selling Podcast is brought to you by Korn Ferry. Korn Ferry transforms sales teams using their world-class Miller Heiman, methodology, employee assessments, benchmarking and talent advisor capabilities to increase win rates and quota attainment. Korn Ferry offers Korn Ferry Sell, a sales effectiveness app available in App Exchange and app source that helps your sales team develop and replicate powerful sales strategies that help sellers win more deals and crush their quotas. Learn more at kornferry.com/saleseffectiveness.  

22 Apr 2022How to Use Sales Automation to Prospect Better with Rashmi Viswanath & Mario Martinez Jr., #20700:41:01

When it comes to making prospecting easier, the temptation can be to turn to sales automation to reach more prospects. But, modern sellers beware – sales automation has to be implemented the right way to increase the effectiveness of prospecting.

From the sales automation best practices to automation tools to use, to the mistakes to avoid – we cover them all in this episode of the Modern Selling Podcast. 

And, our expert guest, knows firsthand what goes into making sales automation work to expand sales pipelines and lead to more booked meetings.

Rashmi Viswanath, is the Director of Growth and Sales at Apollo.io where she is responsible for expanding the reach of the 150-person company. Rashmi has 10+ years of extensive sales and growth experience, generating rapid and consistent pipeline growth within mid-market and enterprise target areas. She has quickly risen through the ranks in various roles in sales automation and development, strategic sales, retention and SDR management.

Download the full conversation to hear what sales leaders need to do today to implement the most proven sales automation tools and strategies to help their sales teams hit quota – every month!

What Are Sales Automation Best Practices? 

With so many sales enablement tools flooding the market every week – it can be challenging to know what to use and what really moves the needle to find and engage with higher quality leads.

I wanted to hear Rashmi’s thoughts on what she saw as the best practices B2B sellers should be following to maximize the success of any sales automation tool or strategy they deploy.

She shares, “The goal with any sales automation tool you use is to take what you’re already doing that’s working and scale it faster and more efficiently. The problem usually is that sales leaders don’t know what’s working and they inadvertently scale a broken prospecting system.”

The key to sales automation is not to make the sales rep obsolete. Instead, sales automation is designed to simply make sellers more productive at doing the same work. If there are repetitive steps that are done, then this is where sales automation can shine. But, the important thing to consider is that you must first understand your prospecting process and then look for ways to get more done, faster

That’s where tools like FlyMSG can be really useful in scaling how you communicate with prospects to book more meetings, with less time and energy spent.

Listen into the conversation and hear how exactly sales leaders should use sales automation to enhance their outreach cadences.

What Are the Drawbacks of Sales Automation?

As I always say, “a fool with a tool, is still a fool.” And, the same thing rings true for sales automation. 

Sales reps must be well trained in prospecting and then add in sales automation as a way to empower them to do their work more efficiently.

But, all too often, sales enablement leaders looking to implement sales automation in an effort to compensate for lackluster sales results. That’s why at Vengreso we follow the PVC methodology and use sales automation strategically to not cut steps out, but to make the steps flow faster.

I wanted to get Rashmi’s take on the good, the bad, and the ugly of sales automation.

Her insights are quite telling, “Automation shouldn’t replace using what we know works to get prospects to respond. When we pull in data from automation software, it’s so important to vet it before you use that data in sales outreach. Missing and misspelled names are always a dead giveaway that sales teams haven’t reviewed the data beforehand.”

Jump into this episode and listen carefully about 8 minutes in to hear the “must-avoid” mistakes of sales automation that could derail your prospecting efforts.

What Role Does Personalization Play with Sales Automation?

The short answer is: EVERYTHING!

Sales automation is a tool to help you be more efficient, but it should never replace using your brain. At Vengreso, we leverage sales automation to help us find prospects, but our sales teams still do their due diligence and find ways to personalize every interaction we make with potential customers.

Rashmi shares her view on this, “At Apollo.io we do a host of hyper-personalization techniques that help to boost our prospecting success. It comes down to knowing your buyer persona and honing in on specific things that make them unique that you can mention in your initial outreach messages.” 

And, with personalization – the proof is in the data! Over the past two years of our prospecting research, we’ve found that:

  • 1-2 word subject lines including your prospect’s name perform best
  • Incorporating a specific personal event or interest in the copy of your sales messages improves response rates by 61%
  • Using an omnichannel approach to prospecting gets better results than sticking to only one prospecting method
  • Inserting a short, 30-45 second welcome video in your first sales outreach message can dramatically increase responses

The power of personalization is that you can never do ‘too much’ of it. 

If your sales teams are not already investing time in looking on LinkedIn at prospect and buyer profiles before reaching out, then you could be sabotaging your results.

At Vengreso, we follow a “3x3” rule of prospecting. Our SDRs spend three minutes online, looking for three specific things unique about the prospect. 

Then those items are woven into the sales message that is super personalized and speaks directly to the prospect.

We go much deeper into this and how to use sales automation and personalization to prospect and sell more! Download the episode now and listen until the end to hear exactly what’s working to move the sales needle.

16 Nov 2021The Art and Science of Selling to Business Consumers with Mario Martinez Jr., #19200:52:31

I’m doing things a little differently with this episode of The Modern Selling Podcast. Because instead of me interviewing a guest, I want to share an interview I did with Ethan Beute and Steven Pacinelli of BombBomb as part of their The Customer Experience Podcast.

We had a great in-depth discussion on customer success, prospecting, and how to master the art (and science) of modern sales. Plus, I shared more insights from the book I co-authored with this dynamic duo called Human-Centered Communication: A Business Case Against Digital Pollution.

Be sure to listen in to the full conversation to hear some actionable strategies that work to elevate your customer experience and even some tips on how to find results-driven salespeople. 

Why is the customer experience so important?

Here at Vengreso, we go above and beyond to make sure our customers are taken care of. For one simple reason: sales isn’t just about closing a deal. The art of modern selling is about understanding the feelings, the experiences, and the perceptions that your customers have about your brand.

And, customer experience doesn’t start when they reach out to ask a question. Every touchpoint you have with your customer and every opportunity you have to engage with them is a chance to build a relationship.

I always say that customer experience is the sum of all interactions that a customer has, with an organization and its people over the life of that relationship – starting from the first time they visit your website, all the way through to becoming an actual customer. 

But, it gets even deeper than that. 

In this episode, I explain one commonly overlooked component of the customer experience and why it’s so critical not to ignore it, if you want to have customers come back again and again.

Download this episode and listen until the end so you don’t miss a single important insight.

Where is customer experience headed in the future?

Ethan and Steven asked me to share my thoughts on the future of customer service, what it is now, and what it will likely evolve into over the next decade.

Here at Vengreso we recently hired a new Chief Customer Officer who oversees the entire customer journey and looks for ways to enhance every single touchpoint we have with our customers.

When I break down the structure of most sales organizations, the sales teams focus on finding prospects, while the customer service teams often are tasked to oversee all of the post-sales activities and onboarding. In most structures, the customer service department is not required to sell but rather just nurture and maintain the customer relationship.

I see this changing where the Chief Customer Officer will be involved in account management and to be successful they’ll need to know how to sell to either get customers to renew or upgrade.

Check out the conversation, particularly around 21:30 to hear a rather unique perspective I share on the difference between the art and the science of selling. Plus, I walk through an example to illustrate why customer service will need to become a hybrid support and selling position.

What is a prosumer?

If you haven’t heard this term before, then welcome to the new age of the prosumer. A prosumer is a professional consumer. 

That means they will do their due diligence, read reviews, ask for personal recommendations, scour through your website – all before they ever reach out for a sales call. In essence, the prosumer has already carefully vetted and narrowed down their options, so they know who can help them and exactly what they’re looking for.

The prosumer has quickly become the new norm. Information sharing and fact-checking is how people shop now and it won’t change anytime in the near future. But, it’s also how sales teams and sales organizations will need to adapt. We’re living in a world that’s heavily driven by data, so we know when people click, where they click – now we just need to perfect our understanding of how to pitch them based on what they may already know about us.

The key here will always be in bringing value to the sales conversation, especially with prosumers. If they’ve reached out then you’ve likely made their shortlist. Now, it’s the salesperson’s chance to wow them with personalization and follow up.

About halfway through this episode, I share a key strategy I have my sales reps do right before they get on a call to talk with an inbound lead that makes sure they position the conversation to close the deal.

How do you identify good sales reps in the hiring process? What should sales managers be looking for?

These are probably THE most important questions a sales leader can ask, especially now as you consider expanding your sales teams.

When we hire a new salesperson, we take them through a detailed group panel style interview that I like to refer to as “reverse selling”. This is a critical part of our recruiting process that allows us to determine if, in fact, the sales candidate has the sales skills, the acumen, and the proactive attitude we need on our team.

Here’s how it works…

Before the group interview, we send the candidate a detailed 4-5 paragraph write up of what to expect and what they will be required to do. Essentially, we aren’t asking them questions, they have to present themselves to us answering the single most important question: “Why should we hire you?”

We often pull between 10-20 people from our companies, across all departments, to have them sit in and rate the candidate because they have a vested interest in who we hire as well.

It’s always fascinating to me how poorly people perform in this step of the interviewing process. Especially because there’s a clear way to ‘hack’ our panel interview and know exactly what criteria or parts of their presentation to hit to do well. 

I won’t share the details here, but you can find how a candidate could (and should) follow the digital bread crumbs we put out to beat us at our own reverse selling game. You can find that cool tip right around the 27-minute mark. 

But, don’t skip any of the conversation because Ethan, Steven, and I go deep into this much-needed discussion so you can have what you need to enhance your customers’ experience.

12 Dec 2023AI Secrets for Elevating Sales and Customer Service Productivity00:40:34
 

Do you desire to enhance your business's efficiency and effectiveness? Discover how to achieve increased focus and productivity in your business operations as I share the solution with you. Learn how to attain heightened performance and output in your entrepreneurial pursuits. Join me to unlock the key to maximizing productivity in your business endeavors.

Driven entrepreneur Sebastian Schieke defies distractions to achieve laser-focused productivity, despite the ever-changing business landscape and financial constraints.

Does it sound familiar to struggle with maximizing sales and providing exceptional customer service? You may have been told to simply increase your sales team or customer service staff without considering the underlying issues. This can result in a lack of efficiency, wasted resources, and ultimately, a disappointing impact on your business performance.

 

Stick to two or three things at most and remain laser focused on the mission at hand. - Mario Martinez

For this episode, Mario Martinez Jr. was interviewed by Sebastian Schieke

Sebastian Schieke is the CEO and founder of a notable company focused on productivity software. With a specialization in AI and its applications in business operations, Sebastian brings a wealth of expertise to the table. His insights into leveraging AI for enhanced workflow processes and increased productivity have made a significant impact in the realm of sales and customer service. Sebastian's role in implementing AI technologies has been instrumental in reshaping the landscape of business operations, providing valuable solutions for entrepreneurs and business owners seeking to streamline their processes.

In this episode, you will be able to:

  • Discover how AI revolutionizes sales and customer service for enhanced business performance.

  • Explore the pivotal role of human involvement in AI-driven conversations and its impact on customer experience.

  • Uncover the importance of responsible usage of AI technology in driving ethical and sustainable business practices.

  • Learn effective strategies for integrating AI into your workflows to streamline operations and boost productivity.

  • Navigate through the challenges faced by entrepreneurs in leveraging AI to stay ahead in the competitive market landscape.

The key moments in this episode are:
00:00:08 - Introducing FlyMSG.io

00:01:31 - Evolution of AI in the Workplace

00:03:47 - Human Assisted AI and Super Productivity Tools

00:08:21 - The Power of Integrated AI

00:09:32 - The Role of FlyMSG in Sales and Engagement

00:16:07 - The Power of Contextual Relevance and Hyper Personalization in Messaging

00:16:31 - The Pitfalls of AI to AI Communication

00:17:29 - The Importance of Respectful and Human-Centric Communication

00:21:48 - The Impact of AI on Enterprise Communication

00:29:29 - Ubiquitous AI Communication and Workflow Integration

00:32:13 - Personalized AI Writing Assistant

00:33:28 - Current Business Environment

00:34:29 - Struggles in Business

00:35:41 - Focus and Productivity

00:37:31 - Special Offer for Listeners

Timestamped summary of this episode:
00:00:08 - Introducing FlyMSG.io
Mario Martinez Jr. introduces FlyMSG, a free personal writing assistant and text expander application designed to help sales leaders and practitioners grow their sales numbers at scale.

00:01:31 - Evolution of AI in the Workplace
Sebastian Chic and Mario Martinez Jr. discuss the rapid development of AI and its integration into workflow processes. They emphasize the importance of AI bringing value and enhancing the user's workflow.

00:03:47 - Human Assisted AI and Super Productivity Tools
Mario Martinez Jr. explains the concept of human assisted AI and the need for tools that consolidate applications to enhance productivity. He highlights the value of AI in the user's daily workflow.

00:08:21 - The Power of Integrated AI
Sebastian Schieke and Mario Martinez Jr. delve into the benefits and business cases of integrated AI, emphasizing its impact on daily communication and workflows. They discuss how AI is no longer limited to simple tasks but has become fully integrated into various work processes.

00:09:32 - The Role of FlyMSG in Sales and Engagement
Mario Martinez Jr. explains the functionalities of FlyMSG, including its role in sales prospecting training, deploying messaging, and engaging with buyers. He also discusses the human-assisted AI approach in the development of FlyMSG's AI tools.

00:16:07 - The Power of Contextual Relevance and Hyper Personalization in Messaging
The conversation starts with Sebastian Schieke emphasizing the importance of contextual relevance and hyper personalization in messaging for sales, customer service, and business owners. He highlights the value of using the human mind rather than AI for this purpose.

00:16:31 - The Pitfalls of AI to AI Communication
Sebastian and Mario discuss the absurdity of AI to AI communication and the potential problems it can create. Sebastian shares an anecdote about a customer's frustration with a bot and emphasizes the need for tools to assist, not replace, human intelligence.

00:17:29 - The Importance of Respectful and Human-Centric Communication
The conversation delves into the potential dangers of AI generating communication and the importance of respectful and human-centered interaction on social media. Sebastian underscores the need for developers to prioritize creating AI tools that enhance communication without contributing to disrespectful or hateful content.

00:21:48 - The Impact of AI on Enterprise Communication
Sebastian discusses the potential dangers and biases created by AI platforms that use data to train their models. He highlights the importance of implementing enterprise-grade AI to protect sensitive data and maintain a high level of customization in communication across different platforms.

00:29:29 - Ubiquitous AI Communication and Workflow Integration
The conversation explores the unique value of platforms like FlyMSG in providing a ubiquitous experience across various SaaS applications. Sebastian emphasizes the need for AI tools to integrate seamlessly into users' daily workflows and

00:32:13 - Personalized AI Writing Assistant
Mario discusses the potential for a personalized FlyEngage tool that learns from the user's voice to generate messages. The complexity of adapting to individual voices and corporate needs is highlighted.

00:33:28 - Current Business Environment
Mario reflects on the rapid speed of change and uncertainty in the current business landscape, emphasizing the challenges faced by business owners and the need for global solutions to accelerate growth.

00:34:29 - Struggles in Business
Mario shares his perspective on the difficulties faced by entrepreneurs and business owners in finding product market fit and accessing funding, emphasizing the need for focus and resilience in the face of challenges.

00:35:41 - Focus and Productivity
The importance of staying focused on what has worked in the past, avoiding distractions, and optimizing productivity is emphasized by Mario, highlighting the need for a laser-focused approach in business.

00:37:31 - Special Offer for Listeners
Mario offers a special discount code for listeners interested in trying FlyMSG, encouraging them to leverage the productivity tools to save time and increase efficiency in their daily tasks.

Human Involvement in AI Conversations
While AI technology offers undeniable advantages in business and sales, the essentialness of human involvement in AI-driven conversations cannot be underestimated. By ensuring contextual appropriateness, particularly in calls to action and hyper-personalized messages, businesses can leverage technology to enhance human interaction rather than replace it. This balance of AI automation and human touch fosters a more appealing and engaging customer experience.

AI Integration for Sales
The incorporation of Artificial Intelligence in sales has drastically changed the landscape, offering new levels of efficiency and personalization. Tools like Vengreso's FlyMSG streamline the creation and sending of messages, which not only saves time but also enhances overall productivity. Embracing this technology combines human creativity and intelligence with AI capabilities, providing a promising path to higher sales and customer satisfaction.

Responsible Usage of AI
As AI technologies push new boundaries, there is a parallel need for responsible usage to navigate potential risks. Implementing enterprise-grade AI that ensures user data privacy and minimizes bias is paramount, just like FlyMSG's usage of private Language Model Models (LLMs). This mindset for responsible AI application helps enable the beneficial exploration of AI's potential, while safeguarding user trust and data integrity.

The resources mentioned in this episode are:

  • Visit Flymsg.io to set up your individual account and leverage FlyMSG for free to expand text and engage with your target buyer on LinkedIn using AI tools.

  • Use the secret code PrimeDay2023 (capital P, capital D, 2023) to get 15% off the 27, 66, and $132 yearly plans for FlyMSG. This will help you increase your productivity and save about an hour per day.

  • Give the Modern Selling Podcast a five-star rating and review on iTunes. Your feedback is greatly appreciated.

  • Download FlyMSG for free right now to increase your productivity and save time. It's your free text expander and personal writing assistant.

  • If you want to stay 20 hours or more in a month and increase your productivity, go right now and download FlyMSG. That's FlyMSG.io for free.

17 Sep 2024Leveraging AI to Understand Buyers on a Deeper Level00:51:36

Do you want to engage your buyers with tailored communication strategies that enhance your sales success? We'll be sharing the solution so that you can achieve that result.

Discover the unexpected connection between AI insights and the movie "Man of Honor". How does this true story inspire a new approach to sales success? Dive into this intriguing journey with Amarpreet Kalkat on the Modern Selling Podcast. What's the surprising link? Find out now.

Be honest, are you tired of sending out countless generic messages and emails, only to be met with disappointing results? You're not alone. You've probably been told to cast a wide net and hope for the best, but let's face it, that approach is leaving you feeling frustrated and unproductive. If you're tired of the same old ineffective strategies and the pain of not getting the results you want, it's time to try a new approach.

Uncover the Power of AI for Sales Success
AI in sales is a significant step change, providing valuable insights beyond data. Utilize AI wisely to gain a deeper understanding of buyer psychology and engagement. The potential of AI lies in providing insights and enhancing sales strategies thoughtfully.

Amarpreet Kalkat's journey into the realm of AI and sales is a fascinating blend of professional expertise and personal transformation. With over a decade of active involvement in AI, he defies the notion of it being a new endeavor. As a two-time AI entrepreneur, his commitment to excellence led to global recognition, with Forrester acknowledging his consumer intelligence AI as a top contender.

Beyond the professional sphere, Amarpreet's evolution from fearing dogs to becoming a devoted owner of a majestic German shepherd adds a relatable and endearing layer to his story. His insights on leveraging AI for sales success are rooted in a unique blend of personal growth and professional accomplishments, offering a refreshing perspective for sales professionals aiming to enhance their strategies. Amarpreet's narrative is a compelling fusion of determination, resilience, and unexpected charm, leaving a lasting impact on anyone seeking to navigate the modern sales landscape with sophistication and innovation.

Buyer intelligence is nothing but a way of building that buyer first approach. Because when you walk into a meeting, you spend 30 seconds looking at someone's profile and say, okay, this is what matters to this person. This is what doesn't matter. Hence I should say this, not say that, right? Simple things. It's not about you. Your process, your qualification methodology, your medics, your med pics. No buyer doesn't care. - Amarpreet Kalkat

 

My special guest is Amarpreet Kalkat

Amarpreet Kalkat is the CEO and founder of Humantic AI, with a solid decade of experience in the field of AI. His previous AI startup was recognized by Forrester as one of the top five consumer intelligence AIs, and The Wall Street Journal labeled it as a technology that could reshape the world. With a strong emphasis on behavior and personality prediction engines, Amarpreet is dedicated to providing sellers with invaluable insights to adopt a "buyer first" approach. His expertise in leveraging AI for sales success offers a wealth of knowledge that promises to enhance engagement and tailored communication strategies for sales professionals seeking to refine their approach.

In this episode, you will be able to:

  • Maximize sales potential with AI-driven strategies.

  • Tailor your sales approach to prioritize the buyer's needs.

  • Gain valuable insights on leveraging human touch in AI-powered sales.

  • Craft personalized messages to resonate with your prospects.

  • Uncover the impact of personality insights on driving sales success.

 

The key moments in this episode are:
00:00:09 - Introduction to AI in Sales

00:03:29 - Buyer First Approach

00:07:34 - Nuanced Approach to AI in Sales

00:10:10 - Leveraging AI for Thoughtful Engagement

00:13:45 - The Challenge of AI SDRs

00:14:49 - The State of AI in Sales

00:16:10 - The Future of AI in Sales

00:17:28 - The Role of AI in Message Preparation

00:19:13 - Risks of AI in Sales

00:27:34 - Importance of Buyer Intelligence

00:29:36 - Importance of Putting Buyers First

00:31:01 - Applying Buyer-First Approach

00:34:55 - Challenges and Solutions in Buyer Insight

00:36:21 - Understanding Buyer's Personality

00:39:38 - Personalized Engagement with Buyers

00:42:36 - Importance of Buyer Intelligence

00:43:07 - Subject Line Performance

00:45:01 - Tactics vs. Concepts

00:46:33 - Generalization in Advice

00:48:35 - All-Time Favorite Movie

Timestamped summary of this episode:
00:00:09 - Introduction to AI in Sales
Mario Martinez introduces Amaprit Kalkat, CEO and founder of Humantic AI, to discuss AI and sales personality insights for better buyer engagement.

00:03:29 - Buyer First Approach
Amaprit emphasizes the importance of a "buyer first" approach in sales, focusing on understanding buyers at a deeper level and shifting the sales conversation to be more about the buyer.

00:07:34 - Nuanced Approach to AI in Sales
Amaprit highlights the need for a nuanced approach to leveraging AI in sales, emphasizing the importance of thoughtful and intelligent automation over "spray and pray" tactics.

00:10:10 - Leveraging AI for Thoughtful Engagement
Amaprit discusses the potential of combining multiple signals and insights to personalize sales engagement, moving beyond traditional ICP targeting and focusing on understanding user psychology and psychometrics.

00:13:45 - The Challenge of AI SDRs
Mario Martinez and Amaprit discuss the challenges and implications of AI-driven SDRs in sales, addressing the issues of spammy and unthoughtful messaging, and the need for more thoughtful engagement strategies.

00:14:49 - The State of AI in Sales
Amarpreet discusses the current state of AI in sales, mentioning that AI SDR is not fully ready but is better than most bad SDRs.

00:16:10 - The Future of AI in Sales
The discussion shifts to the future of AI in sales, with Amarpreet emphasizing the importance of human-assisted AI and the potential for AI to coexist with human sales representatives.

00:17:28 - The Role of AI in Message Preparation
Amarpreet explores the idea of AI preparing messages for sales outreach, suggesting the possibility of human validation based on personality insights before sending out automated messages.

00:19:13 - Risks of AI in Sales
The conversation delves into the risks of AI in sales, including the potential for leaders to replace people with AI without fully understanding its impact on the sales process and the disillusionment surrounding AI's predicted economic impact.

00:27:34 - Importance of Buyer Intelligence
Amarpreet introduces the concept of buyer intelligence, emphasizing the significance of understanding buyers at a deeper level and the potential for salespeople to drive revenue by helping buyers buy more effectively.

00:29:36 - Importance of Putting Buyers First
Amarpreet emphasizes the significance of prioritizing the buyer's needs and interests in sales. He highlights the effectiveness of a buyer-first approach and shares insights on understanding what matters to each individual buyer.

00:31:01 - Applying Buyer-First Approach
Amarpreet illustrates how a seller can apply the buyer-first approach using Humantic's insights. He shares a real-life example of tailoring his communication to align with the specific needs and preferences of a potential customer.

00:34:55 - Challenges and Solutions in Buyer Insight
Mario discusses the challenges faced when there are no buyer insights available. Amarpreet acknowledges the limitations and shares how Humantic is working on expanding its data catchment area to capture dynamic buyer intelligence.

00:36:21 - Understanding Buyer's Personality
Amarpreet explains the importance of understanding a buyer's personality and how it influences decision-making. He emphasizes the value of dynamic buyer intelligence in capturing real-time insights into a buyer's mood and behavior.

00:39:38 - Personalized Engagement with Buyers
Mario and Amarpreet discuss the power of personalized engagement based on a buyer's personality. They highlight the need to tailor communication and interactions to suit individual buyer preferences for effective sales engagement.

00:42:36 - Importance of Buyer Intelligence
Amarpreet discusses the necessity of buyer intelligence and optimizing messages before sending them out. The focus is on word count and subject line construction for better engagement.

00:43:07 - Subject Line Performance
Amarpreet shares insights into subject line performance, highlighting the impact of longer subject lines on engagement and click rates, contrary to the popular belief of shorter subject lines being more effective.

00:45:01 - Tactics vs. Concepts
The conversation shifts to the distinction between tactics and concepts, emphasizing the importance of fundamental concepts over temporary tactics for long-term success in sales engagement.

00:46:33 - Generalization in Advice
The discussion delves into the issue of generalized advice and statistics, emphasizing the value of specific and contrary approaches for real success in sales engagement.

00:48:35 - All-Time Favorite Movie
Amarpreet shares his all-time favorite movie, "Man of Honor," and reflects on the impact of the movie's true story and its memorable scenes.

Embrace Buyer-First Selling Strategy
Prioritizing the buyer's needs and interests is crucial in sales success. Tailoring sales approaches to align with buyer preferences leads to higher engagement. Top sellers excel at putting buyers first, achieving higher win rates and success.

Gain Humantic AI Sales Insights
Amarpreet shares insights on human-assisted AI, emphasizing assistive AI over the replacement. Buyer intelligence tools enhance understanding buyers' characteristics for personalized engagement. The episode highlights the role of technology in supporting a buyer-first approach in sales.

The resources mentioned in this episode are:

  • Connect with Amarpreet Kalkat on LinkedIn and send a personalized connection request mentioning the Modern Selling Podcast.

  • Follow Amarpreet Kalkat on Twitter for more insights and updates.

  • Download FlyMSG for free to save 20 hours or more in a month and increase your productivity.

  • Give the Modern Selling Podcast a five-star rating and review on iTunes to show your support.

23 Apr 2024Reprogramming Your Subconscious for Quantum Sales Growth00:47:37
 

If you're feeling stuck in a cycle of underwhelming sales results, working harder but not seeing the growth you desire, then you are not alone! Despite putting in the effort, the results just don't seem to match the vision you have for success. It's frustrating and demotivating, right?

In this episode of The Modern Selling Podcast, we are joined by Elyse Archer, the founder of the Superhuman Selling and She Sells movements. She shares her journey of transforming her sales career by reprogramming her subconscious mind for success. Having struggled internally despite external success, she discovered the impact of aligning self-identity with sales goals.

This is Elyse Archer's story:

Elyse Archer's introduction to the power of reprogramming the subconscious mind for sales success stemmed from a pivotal moment in her own professional journey. Despite her unyielding efforts and dedication, she found herself consistently hitting a ceiling in her earnings, always reaching the same financial plateau. This realization ignited a deep curiosity within her, propelling her into an immersive exploration of neuroscience and subconscious beliefs. Her quest for transformation was not merely about acquiring new strategies, but about fundamentally shifting her internal narrative and self-perception. Elyse's story embodies the universal human yearning to transcend self-imposed limitations and embrace a life aligned with one's true essence. It's a narrative of resilience, self-discovery, and the relentless pursuit of a reality that resonates with one's authentic self. Through her experiences and revelations, Elyse becomes a guiding force, illuminating the path for individuals seeking to rewrite their own stories and unleash their fullest potential in the realm of sales and beyond.

Elyse's insights on the power of subconscious beliefs, her personal transformation after investing in coaching, and the practical exercise of the Y board highlight the role of identity in achieving sales success. Her emphasis on reprogramming the subconscious mind and embodying the identity of a successful individual offers a unique perspective for sales professionals and entrepreneurs seeking to elevate their sales performance. Elyse's experience and expertise make this episode a must-listen for those looking to understand the profound impact of mindset and belief systems on sales and business success, and seeking actionable strategies to reprogram their subconscious for quantum leaps in sales growth.

Be the person you want to be... Start being that person you want to be now. - Elyse Archer

Elyse Archer, the CEO and founder of She Sells, brings more than two decades of sales experience to the forefront. Her journey from corporate sales to entrepreneurship is marked by a commitment to redefining the sales process. By aligning sales strategies with individual energy cycles and embracing a more empathetic approach, Elyse has facilitated significant quantum leaps in sales growth for her clients. While her work primarily supports women in achieving their sales and business goals authentically, the principles she advocates are universally applicable. Elyse's mission is to help clients unlock their full potential in both sales and life, making a lasting impact on their professional and personal growth.

In this episode, you will be able to:

  • Unlock the secrets to quantum sales growth strategies and propel your sales to new heights.

  • Discover how to reprogram your subconscious for sales success and unleash your full sales potential.

  • Explore the power of integrating masculine and feminine energies in sales for a more holistic and effective approach.

  • Learn the art of creating identity in sales to elevate your performance and stand out in the competitive sales landscape.

  • Master superhuman selling techniques designed for entrepreneurs to revolutionize your sales game and achieve unparalleled success.

The key moments in this episode are:
00:00:08 - Introduction to the Podcast

00:01:05 - Personal Background and Mission

00:02:30 - Personal Anecdote and Insights

00:05:54 - Quantum Sales Growth Methodology

00:09:31 - Personal Anecdote: Dog Rescue Work

00:13:40 - The Power of Subconscious Mind

00:17:07 - Overcoming Financial Fear

00:21:22 - Subconscious Programming and Belief Systems

00:23:51 - Shifting Identity for Sales Success

00:27:26 - Overcoming Limiting Beliefs

00:31:43 - Creating a New Personal Reality

00:36:50 - The Process of Change

00:38:09 - Becoming the Person of Success

00:39:40 - Nudging towards action

00:41:19 - The Four Quadrants of Quantum Sales Growth

00:43:31 - Superhuman Selling

00:44:08 - Connecting with Elyse

Timestamped summary of this episode:
00:00:08 - Introduction to the Podcast
Mario Martinez introduces the podcast and the guest, Elise Archer, as CEO and founder of She Sells. The podcast aims to help sales leaders and practitioners grow their sales numbers at scale.

00:01:05 - Personal Background and Mission
Elise Archer shares her background as a sales professional and her mission to help women achieve their sales and business goals in a different way. She emphasizes the importance of aligning sales processes with energy cycles and adopting a relational, empathetic approach to selling.

00:02:30 - Personal Anecdote and Insights
Elise discusses her personal struggles with anxiety and aligning her identity with her success in sales. She highlights the need for a different approach to sales that feels authentic and aligned with individual values, particularly for women.

00:05:54 - Quantum Sales Growth Methodology
Elise introduces the "four quadrants of quantum sales growth" methodology and shares success stories of women achieving significant sales growth and income doubling within a short period. She emphasizes the impact of aligning sales processes with energy cycles and adopting a more authentic and relational approach to sales.

00:09:31 - Personal Anecdote: Dog Rescue Work
Elise reveals her passion for dog rescue work and her involvement in transporting pit bulls from high-kill shelters to new homes across state lines. This personal anecdote sheds light on her compassionate and altruistic nature beyond her professional endeavors.

00:13:40 - The Power of Subconscious Mind
Elyse shares her personal experience with limited earnings despite hard work. She delves into the power of the subconscious mind and neuroscience, emphasizing the impact of beliefs and identity on results.

00:17:07 - Overcoming Financial Fear
Elyse discusses her pivotal decision to invest in coaching despite financial concerns. She highlights the importance of taking bold actions and facing fears to break through limitations and create new opportunities.

00:21:22 - Subconscious Programming and Belief Systems
Elyse explains how subconscious programming shapes beliefs and behaviors, emphasizing the impact of early childhood experiences. She emphasizes the potential for change and the role of the subconscious in manifesting new realities.

00:23:51 - Shifting Identity for Sales Success
Elyse emphasizes the need for a continuous vision and growth in sales. She discusses the importance of evolving one's identity and belief systems to overcome limitations and achieve higher levels of success.

00:27:26 - Overcoming Limiting Beliefs
Elyse discusses how limiting beliefs can hinder sales and business growth. She emphasizes the importance of identifying and addressing these beliefs to achieve success and shift mindset.

00:31:43 - Creating a New Personal Reality
Elyse delves deeper into the concept of shifting one's personality to align with their goals. She discusses the importance of thinking, feeling, and acting like the person who has already achieved their desired results.

00:36:50 - The Process of Change
Elyse explains the process of changing one's thoughts, emotions, and actions to align with their goals. She emphasizes the need for self-awareness and consistent effort in practicing new behaviors and mindsets.

00:38:09 - Becoming the Person of Success
Elyse emphasizes the importance of embodying the person who has achieved the desired sales numbers. She highlights the need to take different actions and adopt a new mindset to achieve significant growth in sales.

00:39:40 - Nudging towards action
Elyse discusses the importance of following the nudges and reaching out to new prospects, even if it feels uncomfortable. Reprogramming the subconscious mind is key to overcoming limiting beliefs and conditioning the mind to new beliefs.

00:41:19 - The Four Quadrants of Quantum Sales Growth
Elyse explains the four quadrants of quantum sales growth, which include reprogramming the mind, raising financial set points, integrating masculine and feminine energies, and implementing strategic tactics on a solid foundation.

00:43:31 - Superhuman Selling
Elyse delves into the concept of superhuman selling, which involves being successful, worthy, and unstoppable. She highlights the importance of layering an incredible message on top of a foundation of personal empowerment.

00:44:08 - Connecting with Elyse
Elyse shares that connecting with her can be done through her website, social media, or email. She welcomes inquiries about the topics discussed in the podcast and provides her contact details for further engagement.

Quantum Sales Growth Strategies
Implementing quantum sales growth strategies involves reprogramming the subconscious mind to align with sales goals. This process focuses on shifting beliefs and behaviors to achieve significant sales growth. By following a comprehensive framework like the four quadrants of quantum sales growth, sales professionals can experience remarkable improvements in their sales results.

Integrating Masculine and Feminine Energies in Sales
Integrating masculine and feminine energies in sales strategies can lead to a more balanced and effective approach. By leveraging both energies, sales professionals can enhance their communication, empathy, and relationship-building skills. This integration creates a harmonious sales process that resonates with clients and drives successful outcomes.

Reprogramming Subconscious for Sales Success
Reprogramming the subconscious mind is crucial for achieving sales success and overcoming limiting beliefs. By identifying and addressing these subconscious barriers, individuals can adopt new belief systems that align with their sales goals. This practice involves changing thoughts, feelings, and actions to embody the identity of a successful salesperson and drive significant growth.

The resources mentioned in this episode are:

  • Visit http://www.ElyseArcher.com to connect with Elyse Archer and learn more about her work and services.

  • Download FlyMSG for a 14-day free sales pro trial to save 25 hours a month in productivity and improve prospecting and engagement.

  • Connect with Elyse Archer on all social media platforms by searching for @ElyseArcher.

  • Check out the forthcoming movie Encanto on Disney, a great family movie with valuable life lessons.

  • Go to flymsg.io to download FlyMSG, a free text expander and personal writing assistant to increase productivity.

24 Oct 2023Drive Better Results through Personalization in Sales with Jeffrey Gitomer, #25100:49:56

Drive Better Results through Personalization in Sales

Jeffrey Gitomer, the charismatic King of Sales, challenges the notion that sales professionals should solely focus on selling by delving into the world of Taylor Swift's extraordinary success, igniting a lively football rivalry with the host, and introducing an AI tool, all while exploring the importance of personalization and emotional connection in driving sales.

Jeffrey, a renowned sales expert and best selling author, believes that the key to success in modern selling lies in understanding the past and building genuine relationships. In a conversation with Vengreso's CEO Mario Martinez Jr. on The Modern Selling Podcast, Gitomer emphasizes the importance of personalization in sales and the value of turning relationships into friendships.

He shares how he has made more sales after midnight than anyone else by focusing on being a value provider, not just a product pitcher. Gitomer challenges young salespeople to embrace the depth of personalization and move away from relying on shortcuts like AI. He encourages them to go back to their roots, tap into their family and business values, and invest time in truly understanding their customers' needs and desires. According to Gitomer, sales are made by engaging customers emotionally and proving their credibility socially. By customizing and personalizing their approach, salespeople can build trust and win more deals.

The past will predict the future every single time. Study what happened, and it'll tell you what's going to happen. - Jeffrey Gitomer

Jeffrey Gitomer is not your typical sales expert. With a charismatic personality and a no-nonsense approach, he has earned the title of the "King of Sales." As an international sales trainer, President of Buy Gitomer, keynote speaker, and bestselling author, Jeffrey has revolutionized the way sales professionals approach their craft. His most recent book, "Get Sh*t Done," is a testament to his belief in the power of productivity.

Jeffrey understands that success in sales is not just about closing deals, but about building genuine connections and providing value to customers. With a deep understanding of the history of sales and the importance of personalization, Jeffrey challenges salespeople to go beyond the convenience of technology and truly connect with their customers. His insights and strategies have proven to be game-changers for countless sales professionals, making him one of the most sought-after voices in the industry.

In this episode, you will be able to:

  • Unlock the secrets to Taylor Swift's music and business success.

  • Discover the power of personalization in sales and skyrocket your results.

  • Master the art of building relationships and trust in the sales process.

  • Understand cultural preferences to create winning sales strategies.

  • Harness the potential of AI technology for revolutionary sales prospecting.

The key moments in this episode are:
00:00:08 - Introduction

00:01:35 - The Importance of Understanding Sales History

00:03:58 - Jeffrey Gitomer's Background and Recent Book

00:08:41 - The Use of AI in Sales

00:10:51 - Embracing AI and the Future of Sales

00:16:30 - The Importance of Customization

00:19:05 - The Role of Emotional Engagement in Sales

00:20:12 - Adding Personal Voice to AI Responses

00:22:26 - Leaving an Emotional Impact

00:24:26 - Challenging the Sales Process

00:32:09 - How to Help Customers

00:34:45 - Understanding Why People Buy

00:36:05 - Jeffrey's Dream Jobs

00:37:24 - Upselling and Emotional Connection

00:39:03 - Quality Forever and Customer Loyalty

00:46:47 - Taylor Swift's Influence in Music and Business

00:47:30 - Eagles Games and Football Rivalry

00:48:18 - Friendly Hamburger Bet

00:48:29 - Call to Action

00:49:30 - Conclusion and Product Promotion

Timestamped summary of this episode:
00:00:08 - Introduction
Mario Martinez Jr. introduces the podcast and the guest, Jeffrey Gitomer, known as the King of Sales.

00:01:35 - The Importance of Understanding Sales History
Gitomer emphasizes the importance of understanding the history of sales and how it influences modern selling. He highlights the value of building relationships and emphasizes the need for salespeople to connect with customers on a personal level.

00:03:58 - Jeffrey Gitomer's Background and Recent Book
Gitomer talks about his most recent book, "Get Shit Done," which focuses on productivity. He mentions how he drew inspiration from a 100-year-old writer named Orison Sweat Martin. Gitomer also shares anecdotes from his early writing career and the impact his columns had on readers.

00:08:41 - The Use of AI in Sales
The conversation shifts to the use of AI in sales. Gitomer criticizes a company's policy that banned the use of AI in sales communication. He believes that AI can be a valuable tool for salespeople, as long as it is used effectively and personalized for each customer.

00:10:51 - Embracing AI and the Future of Sales
Gitomer expresses his openness to embracing AI in his own work and future endeavors. He believes that protecting proprietary information is becoming increasingly difficult in the digital age. Gitomer also emphasizes the value of building personal connections in sales, rather than relying solely on technology.

00:16:30 - The Importance of Customization
The guest emphasizes the need to customize AI responses and not rely solely on generic messaging. He suggests that personalized responses based on the recipient's background and needs can lead to better engagement and sales success.

00:19:05 - The Role of Emotional Engagement in Sales
The guest highlights the importance of emotional engagement in sales. He emphasizes the need to invest time in understanding the customer's needs, desires, and circumstances, and to respond with positive emotions to create meaningful relationships and trust.

00:20:12 - Adding Personal Voice to AI Responses
The guest discusses the importance of adding personal voice to AI-generated responses. He gives an example of how he would modify a generic response to make it more personalized and engaging for the recipient, based on their background and achievements.

00:22:26 - Leaving an Emotional Impact
The guest explains that at the end of a call or meeting, people will remember one of five things about you: something great, something good, nothing at all, something bad, or something really bad. He emphasizes the importance of leaving an emotional impact, even if it's a negative one, rather than being forgotten.

00:24:26 - Challenging the Sales Process
The guest shares his frustration with the traditional sales process, particularly the need to go through a qualification call with an SDR before having an intelligent conversation with a salesperson. He believes in providing upfront pricing or directly booking a meeting with an account executive for a more

00:32:09 - How to Help Customers
Jeffrey emphasizes the importance of understanding how to help customers and shares his approach of asking, "How can I help you the most?" He shares a recent conversation with a customer from India and how he provided valuable insights and recommendations, even though his own company couldn't fulfill their needs.

00:34:45 - Understanding Why People Buy
Jeffrey believes that understanding why people buy is more crucial than teaching sales techniques. He emphasizes the importance of uncovering the customer's motives and needs before presenting any sales materials. By focusing on the customer's personal goals and challenges, salespeople can build a stronger emotional connection and increase their chances of making a sale.

00:36:05 - Jeffrey's Dream Jobs
Jeffrey shares his dream jobs, which include being a Starbucks barista, a Walmart greeter, and a waiter at a high-end restaurant. He believes that these roles provide opportunities to connect with people on a personal level, upsell products, and make a positive impact on customers' experiences.

00:37:24 - Upselling and Emotional Connection
Jeffrey discusses the power of upselling through emotional connection. He shares a personal experience at a restaurant where the waiter's detailed descriptions of desserts made him salivate and increased his willingness to spend more. By understanding customer preferences and using persuasive techniques, salespeople can upsell effectively and enhance customer satisfaction.

00:39:03 - Quality Forever and Customer Loyalty
Jeffrey praises The Apple Pan, a restaurant with a motto of

00:46:47 - Taylor Swift's Influence in Music and Business
The guest highlights Taylor Swift's success in both music and business, emphasizing that she has created her own country and economy. He mentions her high ticket sales, with the lowest price being $1,000, and praises her ability to generate billions of dollars.

00:47:30 - Eagles Games and Football Rivalry
The conversation shifts to discussing their shared love for the Eagles football team. They talk about the excitement of watching games together and the upcoming Eagles-49ers game. They exchange playful banter and express confidence in their respective teams.

00:48:18 - Friendly Hamburger Bet
The guest challenges the host to a bet on the outcome of the Eagles-49ers game, suggesting a private hamburger meeting if he loses. They jokingly negotiate the terms of the bet and plan to have their teams face off in a friendly competition.

00:48:29 - Call to Action
The host encourages listeners to reach out to the guest and mention the podcast. He also promotes an AI technology called Flymsg.IO that can help with prospecting and engaging with target buyers. The episode ends with a request for a rating and review on iTunes.

00:49:30 - Conclusion and Product Promotion
The host wraps up the episode, thanking listeners and reminding them to download Flymsg.IO for increased productivity. He signs off with a closing statement and encourages good selling.

Tap into Cultural Preferences
Being sensitive to cultural differences can also significantly enhance the efficacy of the sales process. As Jeffrey points out, cultural nuances can shape the business engagement and preferences of a potential customer. By showing respect and understanding toward these differences, sales professionals can foster positive business relationships and open avenues for prospective sales within different markets.

Boost Sales with Personalization
Sales professionals can see a remarkable difference in their results with the strategic use of personalization. Tailoring the approach to each prospect's specific needs and circumstances forms genuine connections and stands out in a sea of generic pitches. Jeffrey Gitomer's insights on avoiding generic AI responses emphasizes the need for this tailored interaction, forming a central part of the modern selling process.

Build Strong Relationships and Trust
Establishing and nurturing trust with prospects plays a pivotal role in sustainable sales success, as emphasized by Jeffrey. Not only does this foster long-lasting business relationships, but it also facilitates in-depth understanding of customer needs and motives for buying. The interaction that follows, therefore, becomes less of a sales pitch and more of a consultation - a collaborative process aimed at effectively addressing the customer's needs.

The resources mentioned in this episode are:

  • Visit the website of Vengreso to learn more about their free personal writing assistant and auto text expander application, FlyMSG.

  • Subscribe to the Modern Selling podcast to hear from sales leaders, practitioners, and influencers who can help you grow your sales numbers at scale.

  • Check out Jeffrey Gitomer's books, including his most recent publication Get Sh*t Done, which focuses on productivity. You can find it on popular online bookstores.

  • Consider studying the history of sales, like Samuel Smiles' book Self Help and Character, to gain a deeper understanding of modern selling techniques and buyer expectations.

  • Reflect on the value of turning relationships into friendships in sales. Remember that personal connections can lead to more sales opportunities, even outside of traditional business hours.

  • Embrace the use of AI in your sales communication and processes. Explore AI tools and technologies that can enhance your productivity and effectiveness as a salesperson.

  • Don't be afraid to share valuable content and knowledge with your customers. Utilize social media platforms like LinkedIn and Twitter to provide helpful insights and ideas that can resonate with your audience.

  • Recognize that protecting proprietary information in today's digital age is challenging. Focus on building strong customer

11 Jan 2022Value-Based Selling 101 with Sumit Mahajan, #19600:54:07

With the pace of how we sell rapidly changing, the modern seller must perfect a host of strategies to meet the modern buyer on the platforms they frequent, with the right messages.

Using unique sales strategies like value-based selling is quickly becoming a hot topic among the top sales leaders.

The art of value-based B2B selling revolves around getting your prospect to understand the value of what you’re offering – which takes a very different approach than traditional selling.

But, how should sales teams navigate the world of value-based selling when there are multiple personas? That is the topic of discussion in this episode of the Modern Selling Podcast.

My special guest for this episode is one of the world’s leading sales practitioners who has spent decades studying what works to attract, nurture, and close global deals – even in the most complex selling environments.

That’s why this episode is a must-listen for all sales leaders looking for a competitive edge in selling in 2022.

Sumit Mahajan, Chief Sales Officer of Datamatics, brings more than 25 years of industry experience in successfully leading global sales organizations to rapid levels of growth. His eclectic background, starting his career as an engineer, gives him a unique view of sales that has enabled him to lead Datamatics Business Solutions to continue to expand and deepen their industry offerings. Sumit’s passion for client success, together with his pragmatic and strategic perspective, has driven his global sales teams to focus on how to personalize their sales techniques to master the art of value-based selling.

Join in the full hour-long conversation to get what could be equivalent to an accelerated MBA in sales by one of the most brilliant minds in the sales industry.

What are the Steps of Value-based Selling?

To set the context for our discussion, I wanted to hear from Sumit how he defines value-based selling and what keys to success he teaches his sales teams to attract and engage with today’s modern buyers.

His insights are spot on when he says, “On the services side, especially, when you’re not selling a tangible thing, value-based pricing and selling is all about making sure that you’re able to get the client to understand the value of your offering. To do this requires sellers to take a very different approach. You must change the way you pitch and the way you land sales.”

With our PVC Sales Methodology for prospecting, at Vengreso, we teach the importance of personalizing your sales outreach for every buyer interaction. This is critical if you have very different buyer personas that you engage with and at different times in the sales cycle. 

Sumit agrees and with his work at Datamatics, they often have to navigate up to four different buyer personas with different buying needs, ranging from the lead generation side, to interfacing with accounting executives, all the way up to the Chief Operating Officer.

To navigate this process, by driving value for each persona, Sumit recommends using a three-step approach that involves:

  • Generating product and brand awareness through email marketing 
  • Leveraging thought leadership or gated content to nurture leads
  • Using proven sales and relationship building strategies to book the sales call

Jump in the conversation to hear exactly how Sumit teaches his sales teams to implement these strategies to attract all of their modern B2B buyer personas.

How do you Train Sellers to Succeed With Value-based Selling?

In my 25+ years in sales, I’ve had my fair share of deals that fell through because the prospect couldn’t see the value in what we were offering. 

That’s where doing your research before reaching out to a prospect is so important. The more you know about their specific pain points or business goals, the better positioned you will be to craft sales outreach messages that speak their language. You can read some of our best tips for cold emails

I wanted to get Sumit’s unique perspective to see how he trains his sales teams to convey value in their sales conversations.

He shares, “If you’re selling a service, then the buyer has to have a very high level of trust in the seller to feel comfortable taking that risk. They’re not buying something they can easily compare to a competitor. So, they have to believe that the seller can deliver on their promise. This is where storytelling can be so important. If you can tell a compelling story that is tailored to your buyer persona, to show them how you can change their world, then that gives you the upper hand.”

Download the full discussion to hear what other specific strategies and resources Sumit shares that are a must for sales leaders in 2022.

How Should Your Sales Team be Organized for Value-based Selling?

At Vengreso, we invest heavily in the development and training of our sales team. And, we study the structure of our department to ensure that we have the right incentives in place to drive performance.

As we enter into Q1 of 2022, I was curious to know what Sumit’s top value-based selling principles were for the year.

From his perspective, he sees four key things being critical to enhancing how sales organizations master value-based selling:

  • Define the value chain clearly so there is a single point of contact for each vertical
  • Account managers should always think strategically and remain agile 
  • All sales leaders and sales enablement staff must stay on the cutting edge of technology
  • Sales teams need to remain focused on their objectives and analyze their results

Listen to the full episode to hear the stealth value-based selling strategy I used to land a $50M deal with one of the largest oil and gas companies in the world! It’s a story you don’t want to miss. 

Plus, Sumit shares more key insights regarding what sales metrics you need to track to see if you’re really using value-based selling the right way.

This episode of the Modern Selling Podcast is brought to you by Leadfeeder, the leader in website visitor identification. Leadfeeder helps grow your sales pipeline by identifying and qualifying anonymous prospects visiting your website so you can spend less time prospecting and more time selling. 

23 Mar 2022Sales Recruiting & Training Best Practices with Priya Sachdev, #20300:57:17

As we have embarked on the Great Resignation with droves of people leaving or switching jobs and careers, how to find qualified salespeople and getting them to stay has become a hot topic.

Since it can take upwards of a year for a new sales rep to truly be competent enough to close deals on their own, the time, energy, and money invested in training is not something most sales organizations take lightly.

But, the question becomes: What are the best sales recruitment and training practices that top sales organizations are using to retain their top talent? That’s the question we answer in this episode of the Modern Selling Podcast, with my guest, Priya Sachdev. 

Priya Sachdev is the Chief Customer Officer, here at Vengreso. She is responsible for Vengreso’s Customer Success and Support team as well as all implementation, training, coaching, and delivery of the entire LaaS (Learning as a Service) and SaaS technology suite to the 1,100+ companies that Vengreso has served.

Priya has been in the sales training industry for over 20 years and has overseen sales enablement for a leading global provider of digital transformation services as well as serving for 13 years at Miller Heiman Group, where she was the Enterprise Sales Transformation Leader, responsible for consulting with clients globally in sales transformation. 

In addition, she served as the Vice President of APAC where she was instrumental in overseeing, accelerating, and delivering sales training, methodology, and consulting to the APAC region.

If that wasn’t enough, Priya has been named as one of the top 25 Most Influential Women in India by CEO Magazine and recognized as one of the 10 Successful Women to Watch by Insights Success.

Be sure to download my full conversation with Priya to learn what sales leaders can do to attract the right talent and get them to stay.

What are the major challenges with hiring sales staff?

I think most sales leaders of sales organizations would agree – it has become increasingly difficult to find sales reps that will stand the test of time. As the CEO of Vengreso, I’ve experienced the high churn rate among new sales reps – with some of our new BDRs staying for under 9 months, before being recruited by larger sales organizations.

To properly train a BDR requires a minimum of six months for them to be at a place where they can start to independently prospect in a way that actually benefits the company. And, the same is true for an SDR. That’s why, we easily pour over $50,000 in sales training and coaching in each of our sales reps within their first year. And, we do this because we believe in them having the right tools, the right systems, and the right strategies to perform – and to perform well.

However, you can imagine the toll this takes, when that talent you trained leaves your organization shortly after that year of training.

I wanted to get Priya’s insight on the topic and see what she thought could be done to help slow (or ideally stop) the sales ‘brain drain’ that’s happening.

She shares, “The challenge is there are more people looking to hire salespeople, than there are people looking for sales jobs. So, many sales organizations are being forced into a place where they will hire whoever they can find with the hopes that they will train them to be an ‘okay’ salesperson. The problem with this is that you have people in high-paying roles that were never groomed (or qualified) to be there. And, in some cases, companies aren’t figuring this out until months have passed and thousands in training have been invested.”

If you’re finding it difficult to find qualified salespeople, make sure to listen to our conversation and hear what Priya shares should be done to better vet applicants.

How does the sales hiring process need to change?

I’ve been in sales for 25+ years and I’ve had my fair share of star employees leave, even after I invested in their professional development. This isn’t to say you aren’t ‘allowed’ to transition to other companies or new roles. But, the struggle for sales leaders today is in how to properly assess if an applicant is a right fit for your open sales position(s).

At Vengreso, we have a very extensive and thorough hiring process. We take all new applicants, regardless of their previous sales experience and require them to go through our multi-step hiring protocol. Not only does this weed out those who are not fully committed, but it helps us to also see how well they can learn and implement parts of our prospecting model.

Since Priya has seen firsthand what goes into grooming an excellent SDR, during her time as a sales enablement leader for one of the largest sales organizations in the world, and now with Vengreso – I wanted to hear her thoughts on what the sales hiring process should include.

Priya’s insights were spot on, “We have a very different generation of workers. Many times people come into a role with an exit strategy already in mind, if things don’t work out. We really need to be hiring for people that are willing to invest as much time and effort in developing their career as we are in training them to be successful.”

Tune into this episode of the Modern Selling Podcast to learn what red flags you should be looking out for, before you hire your next BDR or SDR.

What are the characteristics of a great sales rep?

I always champion the saying that “selling is the art of helping”. If we’re not helping our customers solve a problem, then they’re not going to buy. We train our sales reps to get to know their prospect as much as they can before they even attempt a single sales message.

Whether that’s looking at their LinkedIn profile, reading their posts, researching their company or their specific role within the organization – we train them to find a human touchpoint to use. That way when they do reach out, they can do so with a highly personalized message.

And, as we know, personalized messaging in prospecting is a must. We teach this in our proven PVC methodology.

I ask Priya what her take was on what makes an exceptional sales rep.

She shares, “We’ve become so immersed in sales technologies and automation to make the sales reps job easier. But, these tools are only effective when sales reps know how to use them to improve their prospecting. It’s not enough to send an automated message. We need personalization, we need sales reps that know how to engage with a prospect. And, we need sales reps that will do the work to make each outreach successful.”

Be sure to download this episode to hear the major shift that Priya believes must happen if sales organizations are going to find and train top talent to stay.

18 Jan 2022LinkedIn Prospecting Strategies and Trends with Alyssa Merwin, #19700:44:21

If the past 18 months have taught us anything, it’s that virtual selling is here to stay. And, in order to master the new art of modern selling, sales leaders must tap into the prospecting power of the social selling tools at their disposal. 

Because those sales reps that know how to personalize their outreach, engage prospects in meaningful conversations, and quickly identify the most pressing pain points, will have an unfair advantage well into the future.

No one knows how to leverage social media to close deals better than my guest on this episode of the Modern Selling Podcast. 

Alyssa Merwin is the global Vice President of LinkedIn Sales Solutions, one of the company’s fastest-growing lines of business. In her role, Alyssa leads the global sales organization to help companies around the world engage with LinkedIn’s community of nearly 800 million members, connecting buyers and sellers to support organizations’ business objectives. 

 With more than 20 years of experience in the sales industry, Alyssa has a proven track record of achieving strong business results and managing high-performing teams. Since joining LinkedIn in 2011, she has held numerous leadership positions, and most recently served as Vice President of Sales Solutions for North America, during which time the business experienced tremendous growth. 

 Outside of LinkedIn, Alyssa is a member of the Sales Impact Academy's Advisory Board, an investor and advisor to Black Star Fund, and an investor in Stage 2 Capital. Prior to joining LinkedIn, Alyssa spent nine years at CEB, now Gartner, and held various sales positions during her tenure. When it comes to keeping the pulse on sales – what works and what trends to look out for – Alyssa’s genius is truly unmatched.

If you’ve been looking for proven strategies to get more “hellos” and make your prospecting more efficient and effective, then tune into this strategy-rich conversation with Alyssa.

You’ll walk away with at least 5 actionable LinkedIn prospecting strategies to use by the end of this episode – guaranteed!

How has prospecting changed in a post-COVID world?

Since early 2020, I’ve personally witnessed radical shifts in how sales organizations are both reaching out to their prospects AND how they’re training their sales teams. 

When you study the effectiveness of strategies like cold email outreach, it starts to paint a very different sales picture that all sales leaders must be aware of. In my research, I’ve found that the number of sales emails sent has increased by 60% since 2020, however, the response rates have plummeted over 30%.

So, it’s not just about having more touchpoints with your prospects. Selling in this new virtual environment is all about having the right touchpoints, that convey the right value and that address the right pain points.

I asked Alyssa to share what she’s seen as the sales leader of LinkedIn in terms of how the pandemic has reshaped the sales industry:

Virtual selling will be core to how we all go to market from here on out. We’ve found that 70% of people go through the entire sales process without ever talking to a salesperson. They’re able to find the information they need, make the decisions that work best for them, and feel more productive as a result – all in this virtual space. Like many organizations have, we will continue to need to adapt and evolve in this particular environment. At best we are looking at a hybrid approach, but we have to recognize and accept the importance of virtual selling.”

I couldn’t agree more with Alyssa!

As the world’s largest digital sales training company, we're constantly reading the market to see how we can better position our courses, find new topics to offer, and ways to better engage our prospects and customers.

Many sales organizations have tried to shift to this virtual selling space by sending more emails or making more cold calls.

As Alyssa suggests in our conversation, the shift that’s needed has to go well beyond just doing more of the same tactical sales strategies and really get at the heart of buyer intent.

Join the full conversation to hear specifically what unique prospecting strategy Alyssa recommends using to get a response back on the first outreach.

How can sales organizations take a buyer first approach?

Today’s modern buyer is well informed. They’re well researched and they know what options are available to them even before they ever get on a sales call.

That’s why tailoring your sales process to your prospect is so important. From how you write your outreach messages, to identifying their pain points, to the way you speak about your offering – everything has to feel personalized.

I was curious to get Alyssa’s take on this “buyer first” approach and how she would recommend a sales organization go about implementing this model.

Her insights are spot on, “We know that our buyers are getting further through the sales decision or the buying decision before we even walk in the door. There's just so much more information available – we can easily hop onto a website, we can look at a demo, we can reach out on LinkedIn. As sales leaders, we have to recognize this new playing field and truly get clear on how we have to show up differently. Part of that is getting smart about the industry, the company, the individual you're meeting with and do it in a very detailed way that puts them at the center of the conversation.”

Taking this time to do the research is such a critical step that so many sales reps overlook. 

That’s why at Vengreso our sales team follows the “Three by Three” method before we ever reach out to a prospect. Want to hear what it is and how we use it to 10x our response rates? 

Download the episode and pay particular attention around the 20-minute mark.

What are the most important sales trends to watch?

We have to move away from the “smile and dial” prospecting strategies of the past and start to build a new level of buyer engagement.

I wanted to get Alyssa’s expert opinion on the state of the sales industry and where she saw the focus shifting in 2022.

The way she sees it, there are three emerging trends that sales leaders need to keep a pulse on:

  1. Data privacy and compliance. The level of sophistication of online sales tools is rapidly increasing, but so too is the need to protect consumer data and private information. Alyssa strongly recommends taking inventory of the sales enablement tools you’re using now and making sure they’re compliant with GDPR and other data privacy standards. 
  2. Buyer intent data. We have to move beyond just focusing on who to contact and how to contact them and fully understand the science of buyer intent. Knowing when and how best to engage your prospect, what buyer signals to look for, and where your buyer is in the process will make sellers much more effective going forward. 
  3. Digital referrals. With platforms like LinkedIn that give you incredible visibility into the connections in your network – mastering how to ask for a digital referral will continue to be an important skill to develop. It’s by breaking through the sales noise with a personal touchpoint that will separate average sales reps from those who consistently exceed quota without having to send hundreds of cold emails to do it.

This is just the tip of the sales iceberg that Alyssa shares in this episode. 

Make sure you listen all the way until the end to hear the best digital referral process to follow. [Hint: We use it and it works wonders!]

08 Aug 2023Decoding the Power of Intent Data in B2B Sales Strategies with David Fortino, #24300:43:21

Get ready to unlock a treasure trove of B2B sales insights with the Modern Selling Podcast!

Join Mario Martinez Jr. and David Fortino as they dive deep into the world of Intent Data and its game-changing impact on B2B Sales strategies!


Ready to supercharge your B2B sales game? Brace yourself for an enlightening episode where we unravel the mysteries of }IntentData! Discover how decoding intent can take your sales strategies to stratospheric heights! 


Ignite your B2B sales with the power of Intent Data! Join Mario Martinez Jr. and David Fortino as they guide you through the intricacies of decoding intent for unparalleled sales success! 


🔥💼 In this transformative episode, we break down the immense potential of Intent Data and its revolutionary role in B2B sales strategies. Say goodbye to guesswork and hello to laser-focused targeting that fuels conversions! 🔥🎯💰
🔦💡 Join Mario Martinez Jr. and the insightful David Fortino as they shed light on the uncharted territories of Intent Data. Get ready to harness the potential of decoding intent and catapult your sales game into overdrive! 💪🚀📊
🔥 Don't miss this golden opportunity to master the power of Intent Data and elevate your B2B sales like never before! Remember to like 👍, subscribe 📺, and hit the notification bell 🔔 to stay up-to-date on cutting-edge sales strategies. Join the conversation using #ModernSelling #IntentData #B2BSales 🗣️💼🎯
🔗 Dive deeper into the discussion by checking out the full blog post for additional insights and resources: [Insert Blog Post Link]
🎧 Tune in to your favorite podcast platform or catch the video here: [Insert YouTube Video Link]
🌟 Decode intent, revolutionize your B2B sales approach, and embrace the future of sales strategies! Get ready to soar to new heights in your sales journey

20 Feb 2024From No to Go: Turning VC Rejections into Rocket Fuel for Your Startup00:55:57
 

Getting to Yes: A VC Reveals His Step-by-Step Framework for Assessing and Investing in Startups. If you're feeling frustrated and overwhelmed by the endless cycle of VC rejections, and finding it hard to break through the fundraising barriers, then you are not alone!

Navigating Startup Fundraising Stages
The journey of raising funds for startups is a structured process with distinct stages, each with its unique requirements and expectations. Understanding these stages, from friends and family rounds to seed rounds, can greatly enhance the startup’s chances of successful fundraising. Each stage requires a firm grasp of factors such as revenue requirements, investor expectations, and market positioning.

This is Brian Bell's story:

Brian Bell's journey into venture capital fundraising is a fascinating tale of a lifelong sales career that seamlessly transitioned into the world of startups and investments. From humble beginnings selling door-to-door as a sixth-grader to delving into commercial real estate and leading the AI category for AWS, Brian's diverse background laid the foundation for his venture into the world of venture capital. His candid revelation about navigating a quarter-life crisis due to working full-time in college, showcases the grit and determination that ultimately led him to where he is today. Brian's story is a testament to the fact that the path to success is often filled with unexpected twists and turns, and it's this authenticity and relatability that makes his insights into venture capital fundraising challenges so compelling.

Every idea will probably eventually be done in some way, shape, or form. - Brian Bell

this week's special guest is Brian Bell

Brian Bell serves as the Managing Partner and Founder of Team Ignite Ventures. With a background rooted in sales, AI, and venture capital, his professional journey reflects a diverse range of experiences, from selling electronics at Sears to leading the AI category for AWS. Under his leadership, Team Ignite has expanded to include over 2000 members, partners, and mentors, aligning with the vision to ignite startups as a team. Leveraging his extensive expertise, Brian offers invaluable insights into venture capital fundraising challenges and early-stage investments, providing a pragmatic and informed perspective for entrepreneurs navigating the intricacies of fundraising.

Key elements you will learn in this episode:

  • Mastering Venture Capital Fundraising Insights: Unlock the secrets to overcoming challenges and securing vital funding for your startup.

  • Navigating Startup Fundraising Stages: Discover the revenue thresholds that can propel your venture to the next level of investment and growth.

  • Evaluating Founders for Investment: Gain insights into the key factors that investors consider when assessing the potential of startup founders.

  • Unleashing Customer Acquisition Strategies for SaaS Startups: Learn innovative approaches to attract and retain customers, driving the success of your SaaS business.

  • Harnessing the Power of Personalized Communication: Understand the crucial role of personalized communication in gathering valuable feedback for your podcast and fostering a loyal listener community.

The key moments in this episode are:
00:00:08 - Introduction to FlyMSG

00:01:18 - Background of Brian Bell and Team Ignite Ventures

00:05:10 - Early Stage Funding Rounds

00:09:24 - Challenges of Venture Capital Fundraising

00:13:22 - Mario's Fundraising Journey

00:14:14 - The Challenges of Venture Capital Fundraising

00:17:36 - Balancing Technical Innovation and Market Needs

00:21:23 - Evaluating Founders for Investment

00:22:46 - Importance of Product and Design in Startups

00:24:32 - Role of Team Dynamics in Investment Decisions

00:27:55 - Importance of Sales and Marketing in Startups

00:29:12 - Validating Total Addressable Market (TAM) and Problem Size Claims

00:31:43 - Founder Market Fit

00:36:49 - Building End-to-End Solutions for Customer Problems

00:40:39 - Evaluating Customer Acquisition Strategies

00:41:02 - Acquiring Customers and Unique Advantage

00:42:20 - Marketing and Business Model

00:43:37 - Profitability and Due Diligence

00:47:51 - Persistence and Resilience

00:49:02 - Learning from Rejections

00:53:52 - Personalized Connection Requests

00:54:11 - Favorite Movie

00:54:23 - Impact of Shawshank Redemption

00:54:36 - Podcast Closing Message

Timestamped summary of this episode:
00:00:08 - Introduction to FlyMSG.io
Mario Martinez introduces himself as the CEO and founder of Vengreso, creator of FlyMSG, a personal writing assistant and text expander application. He also sets the stage for the podcast, focusing on sales growth.

00:01:18 - Background of Brian Bell and Team Ignite Ventures
Brian Bell shares his extensive background in sales and venture capital, highlighting his experience at Amazon and Microsoft. He also explains the vision behind Team Ignite Ventures, their focus on early-stage startups, and their network of partners and mentors.

00:05:10 - Early Stage Funding Rounds
Brian breaks down the different early-stage funding rounds, from friends and family to seed extensions, and explains the typical investment amounts and revenue thresholds associated with each round. He emphasizes the evolving nature of seed rounds in the current startup landscape.

00:09:24 - Challenges of Venture Capital Fundraising
Mario shares his personal experience with venture capital fundraising, highlighting the difficulty of raising investments in the current market. He mentions the decrease in investment and the challenges faced by startups in securing funding.

00:13:22 - Mario's Fundraising Journey
Mario shares insights into his own fundraising journey, disclosing the amounts raised in friends and family and precede rounds, as well as the valuation cap. He also outlines the goals for the seed round and the milestones they are aiming to achieve.

00:14:14 - The Challenges of Venture Capital Fundraising
Brian and Mario discuss the difficulties of venture capital fundraising, with Brian sharing insights from his experience and the advice he received from successful founders.

00:17:36 - Balancing Technical Innovation and Market Needs
Brian explains the importance of balancing technical innovation with market needs in early-stage startups, emphasizing the significance of building a user-friendly product and the execution capabilities of the founding team.

00:21:23 - Evaluating Founders for Investment
Brian outlines the key attributes he looks for in founding teams, including commitment, vision, and trustworthiness, highlighting the challenges of assessing these qualities in a short timeframe.

00:22:46 - Importance of Product and Design in Startups
Brian discusses the significance of product and design in early-stage startups, emphasizing the need to build a great product to differentiate from competitors and attract investment.

00:24:32 - Role of Team Dynamics in Investment Decisions
Brian shares the preference for startups with multiple co-founders, citing the correlation between solo founders and startup shutdowns, and the challenges of solo founders in building and scaling an organization.

00:27:55 - Importance of Sales and Marketing in Startups
The conversation starts with the significance of having a technical co-founder and the role of sales and marketing in startups. Brian Bell emphasizes the importance of being able to sell and market, even without a technical co-founder.

00:29:12 - Validating Total Addressable Market (TAM) and Problem Size Claims
Brian discusses the importance of understanding the market and how to validate TAM and problem size claims made by startups. He emphasizes the need for knowledge of the market and how the TAM can shift over time as problems are solved.

00:31:43 - Founder Market Fit
The concept of founder market fit is introduced, highlighting the importance of aligning the founder's background and expertise with the market they are targeting. Brian mentions that founder market fit can have a significant impact on the success of a startup.

00:36:49 - Building End-to-End Solutions for Customer Problems
The conversation delves into the importance of building end-to-end solutions around customer problems. Brian shares how their product, Fly Engage, was developed to address the scalability issues faced by sellers, ultimately leading to increased productivity.

00:40:39 - Evaluating Customer Acquisition Strategies
The focus shifts to customer acquisition strategies, with Brian showcasing his pipeline deals and discussing the concept of distribution advantage. The importance of having an unfair advantage in acquiring customers is emphasized.

00:41:02 - Acquiring Customers and Unique Advantage
Brian discusses the importance of finding a unique advantage in acquiring customers, such as being a sales expert or having a distribution advantage. He emphasizes the significance of customer acquisition cost (CAC) and customer lifetime value (LTV) in the process.

00:42:20 - Marketing and Business Model
Mario and Brian delve into the significance of marketing and the business model in scaling a startup. They emphasize the profitability and scalability of the business model, especially in the B2B SaaS industry, and highlight the importance of strong margins for scalability.

00:43:37 - Profitability and Due Diligence
Brian explains the focus on strong margins in evaluating a startup's profitability and touches on the due diligence process. He emphasizes the importance of thorough due diligence to ensure sound financial decisions and mentions specific aspects such as cap table, shareholder loans, and incorporation docs.

00:47:51 - Persistence and Resilience
Mario shares a personal anecdote about receiving initial rejection from Brian and using it as fuel to persist and eventually build a relationship. Both speakers emphasize the importance of not taking no for an answer and learning from rejections to fuel growth and development as a founder.

00:49:02 - Learning from Rejections
Mario and Brian discuss the impact of receiving rejection and how it can drive founders to prove naysayers wrong. They highlight the importance of resilience and the potential for a "no" to turn into a "yes" with persistence and

00:53:52 - Personalized Connection Requests
Brian advises sending personalized connection request messages when reaching out, referencing the Modern Selling podcast to establish a connection.

00:54:11 - Favorite Movie
Brian reveals his all-time favorite movie, "Shawshank Redemption," highlighting its impact and memorability.

00:54:23 - Impact of Shawshank Redemption
The discussion emphasizes the unforgettable and impactful nature of "Shawshank Redemption" as a movie.

00:54:36 - Podcast Closing Message
Mario encourages listeners to rate and review the Modern Selling podcast on iTunes, and promotes the use of Fly Message for productivity improvement.

Mastering Venture Capital Fundraising Challenges
Successful venture capital fundraising requires meticulous preparation, in-depth knowledge, and a resilient mindset. Understanding the fundraising process, expectations of potential investors and market trends are crucial in mastering these challenges. By navigating through these complexities, entrepreneurs can optimally position their startups and achieve successful fundraising outcomes.

Evaluating Founders - Key Factors
The evaluation of founders is an integral part of venture capital investments. Potential investors consider factors such as the founder’s commitment, vision, success history, and trustworthiness. Simultaneously, the founder's ability to think long-term, maintain customer focus, and adapt to changing circumstances greatly influences investor decisions.

The resources mentioned in this episode:

  • Give the Modern Selling Podcast a five-star rating and review on iTunes.

  • Download FlyMessage IO for free to save 20 hours or more in a month and increase your productivity. Visit flymsg.io to get your free text expander and personal writing assistant.

  • Reach out to Brian Bell on LinkedIn or via email at brian@teamigniteventures.com to pitch your startup or connect with him.

  • Check out the Pitch Team Ignite VC form to submit your pitch directly to Brian's inbox.

  • Watch the movie Shawshank Redemption for an impactful and memorable experience.

05 Oct 2021How to Leverage Tech Powered Sales with Justin Michael, #18600:39:26

Automation is the path of the future, especially for sales companies. But, knowing how to automate sales outreach the right way is where so many companies are falling short.

My guest on this episode of The Modern Selling Podcast is an avid technologist and sales futurist who has mastered the science of fully automating fast-growing sales.

Make sure to listen to the entire conversation with Justin ‘TQ’ Michael as he walks us through the most proven automation strategies that no one else in the industry is talking about (or even using).

Justin Michael, Co-founder of HYPCCCYCL & Salesborgs, is the automation consultant companies call for highly-targeted RevOps and GTM strategies that work. Having coined the term ‘Technology Quotient’, his ingenious approaches have helped Fortune 100 companies like Salesforce and LinkedIn crack the top funnel with tech stack optimization. His 20+ years of experience revolutionizing sales development itself, has exploded the growth of hundreds of cutting-edge technology startups. 

That’s why I’m so excited to bring his Technology Quotient brilliance to The Modern Selling Podcast and have him share the incredible insights from his new book, Tech Powered Sales.

Listen to this episode to get an inside scoop into what’s really working in automation and what key principles you should be applying right now to put your sales results on autopilot.

Where’s the Gap in Sales Automation Right Now?

What I love about Justin is that he’s a practitioner, not just a theorist. So, the automation strategies he shared in this episode come backed with vetted research and real B2B market testing.

That’s important because one of the biggest challenges that sales organizations are having today is that they buy technology, but they struggle in leveraging and implementing it. 

Or, they blindly rely on tools like LinkedIn Sales Navigator to make superficial connections that don’t lead to sales meetings or better prospect engagement.

That’s why I always say, “a fool with a tool is still a fool.” Because it’s not always about what high tech system you have for automation, if you’re not maximizing how you use it.

So, I asked Justin what trend he sees emerging in the market and why Tech Powered Sales is such a timely read for sales companies looking to win the automation game. 

“Automation is getting very elaborate. I do a lot of hyper-customizing, but I realized that there weren’t many resources out there available to companies that provided real examples of sequences and cadences that worked. Tech Powered Sales has everything you need to know what to do and how.”

Listen to the full conversation to hear where Justin recommends getting free tech stack resources and what sales companies should be putting in automation sequences to get better results.

How Do You Nail a Cold Outreach Email?

At Vengreso, we have an innovative omnichannel strategy, we call it the PVC Sales Methodology, to how we approach cold outreach and prospecting.

I was curious to hear Justin’s thoughts on our process and what he found that works to drive higher sales engagement.

Justin says, “The problem with automation is that you're telling your prospect that they’re getting a sequence from a machine, when all you need to do is hyper-personalize… then people will believe that you're a human and be more willing to take the meeting.”

I think that’s such an important point! Today’s modern buyer expects to receive computer generated responses and emails. So, when we can break through the ‘robotic white noise’ with a message that feels “human”, the results can be incredible.

But, what really surprised me was Justin’s recommendation on the length of a cold email. 

In our sales training and virtual sales programs, we teach students that 111 words or less, for an email, is the optimal length to shoot for. That’s because it takes 40 seconds to read, which is the average time span spent on a digital task. However, Justin found that the sweet spot for his automation systems is under 100 words and no more than three sentences! Now that’s hard. 

Join in the eye-opening conversation to see what other key insights Justin shares that will help sales teams land more meetings even with the coldest audiences. 

How Do You Nail the Right Email Sequence?

Getting through SPAM filters and into your prospects inbox is just one small part of the sales outreach battle. Because driving clicks and booking meetings is a much harder science to master.

Justin shares, “The human brain, the neuroscience, the persuasion, the social proof, the relationship building, and the personalization elements haven’t changed. You need to understand these components to know what to put into automations.”

That’s why we teach sales psychology specifically in our LinkedIn training programs because sales teams need to know and appreciate the science behind why certain tactics work.

I wanted to dive deeper into Justin’s approach to see what sales-generating gems he uses to transform sales emails into powerful sales tools for his clients. 

He’s studied a lot of different sequence and cadence techniques over the years that he has this down to a science.

For cold outreach sequences, Justin uses a highly-targeted email sequence structure that involves five key principles:

  1. Hyper-personalize every touchpoint to build real and authentic human relationships.
  2. Every communication must be relevant, specific, and relatable to the prospect.
  3. Emotional triggers have to be craftily and carefully woven in to spur action.
  4. Short, concise text-based messages should be sent in the first few emails. 
  5. Compelling visuals must be compressed to under 100 kilobytes and used later in the sequence.

His insights around the use of Venn Diagrams is particularly interesting as well (he gets into the details of what he calls, ‘Venn Selling” about halfway in the episode).

Be sure to listen to the entire conversation to learn how sales teams should be using email templates or LinkedIn message templates and what Justin suggests is the best way to quickly automate sequences.

Plus, if you’re ever looking to connect with Justin on anything AI or sales automation related, then be sure to check out his Salesborgs platform. He shares a host of free tips and strategies there that are designed to trigger hypergrowth.

08 Dec 2022How to Motivate Your Sales Team & Improve Your Customer Service Experience with Dionne Mejer, #22400:43:41

There’s a seismic, yet quiet, shift that’s taking place within the sales industry. Not only are modern buyers becoming more sophisticated and harder to sell to, but the modern seller is also evolving.

The demographics of who is entering the sales industry is quickly changing, which is making it clear that a one-size-fits all approach to sales training won’t work.

That’s why those B2B organizations that have been able to enhance how their sales leaders show up in the workplace and how they keep their sales teams continually motivated are silently carving out an impressive competitive advantage.

Because when you have a highly motivated (and effective) sales team, then the customer experience is often better streamlined and supportive – helping to turn first-time customers into lifetime customers.

And, what sales leaders must do to keep their sales teams motivated and improve their customer service experience are exactly what we dive into in this episode of The Modern Selling Podcast.

Our guest is not only an expert in this field, but her insightful new book is poised to give sales leaders a much-needed new perspective and tangible strategies to use to elevate how they lead and inspire their teams.

Dionne Mejer is the Founder & CEO of Inside Sales by Design and author of the highly anticipated book, The Stepped Approach: Onboard Better, Systemize Smarter, and Bring Out the Best in Your Sales Team. Her innovative inside sales training tactics and proven approach gets her clients results every time. As a 20+-year Inside Sales veteran and executive, Dionne specializes in establishing and growing inside sales teams at mid-sized companies. Her intimate work with sales teams of all sizes and experience levels allows each of her clients to thrive as they discover their own voice in leading their Inside Sales team or rep in shepherding clients to a positive outcome.

Her global client Rolodex is equally long as it is impressive, with her clients consistently enjoying a 25% uptick in their funnel activities and a 30% increase in deal closings, as a result of working with her.

Listen to the full conversation to hear what Dionne recommends sales leaders do today to revamp how they’re onboarding, training and motivating their staff.

What should sales leaders be doing today?

The pandemic has, in many ways, fundamentally shifted how modern buyers buy. The modern buyer is more informed, harder to reach, and is not easily sold on just features alone. All of these buying complexities make the job of a salesperson even harder.

I wanted to hear Dionne’s perspective on what sales leaders can and should be doing right now to combat the high sales rep attrition that’s taking place.

She shares, “The challenge is that we have multiple generations of sales people within our organizations. So, the question must become: How do we take this diverse group of folks with different experiences, different perspectives, different mindsets, and different experience levels, and bring everybody together to have a really, really good customer experience?”

But, the key here is that to have a great customer experience, requires that every customer touchpoint (even with sales) is strategic, aligned, and productive.

I’ve had my fair share of “sales fumbles”, where as a potential customer, my needs were never asked or even remotely acknowledged. So, in many ways, if B2B organizations aren’t careful how their prospecting and sales processes are set up, they could easily (and accidentally) be working against both their sellers and their potential buyers.

I asked Dionne to dive deeper into what challenges she’s seeing right now in this space.

Her insights were so good, “A lot of what needs to happen now is around how do we, as sales leaders, manage in a remote environment? How do we have a good customer experience? How do we have conversations? How do we set the stage and have expectations for our teams in this new world order, where we have four generations in the workplace and everyone may be working remotely?”

Tune into this episode to hear what Dionne says sales leaders can do to answer all of those questions and craft a seamless sales training experience that empowers sales teams to improve how they handle prospects and customers.

How should sales leaders train to improve the customer experience?

This is a hot topic in many of the sales leadership circles that I’m in, which is why I had to ask Dionne her perspective.

In many cases, B2B organizations are leaning in on following sales processes and protocols which often leaves little to no room for actual, valuable conversations that nurture the prospect. Instead, the focus is solely formulaic and too rigidly linear that it leaves many buyers turned off from the sale, with even the first email outreach.

I know this space is Dionne’s zone of genius, so I ask her to share what she’s seeing right now:

“In order to give a good customer experience, you have to review and often change your internal processes and/or your external ones. Too often sales teams are told to follow a specific sales cadence – without fail. The problem with that is if you start to systematize too much, then you make it harder for your sales teams to have the value-driven conversations they need to provide an exceptional customer experience.”

Download this episode and listen in for the powerful example of what not to do during a demo call and why how you handle a sales rep switch is so important for building trust.

What can companies do to create a motivating sales environment that benefits customers?

It’s one thing to “talk” about what a good customer experience is, but it’s an entirely different story to define what that looks like for your sales leaders and reps.

Here at Vengreso, our employees are spread out across the globe, so keeping those authentic touchpoints can be hard.

We’re very initial with building a rock solid team atmosphere – even virtually – where everyone feels supported and personally developed toward their individual career goals.

But, I know this is not the case with many other B2B and B2C companies. I ask Dionne to walk us through what companies can do to build truly engaging, inspiring, and motivating environments so that their sales teams want to sell and enhance the customer experience.

She explains, “This doesn’t have to be complex. Building the right environment to promote positive customer experiences, starts with being clear with expectations. Sales leaders need to have that conversation with their team: What does a good customer experience look like and how do we consistently achieve it?”

Dionne teaches sales organizations and leaders to take these three steps:

  1. Create a purpose statement – this is your guiding North so that everyone understands why you do what you do and what you are trying to collectively achieve.

  2. Put the right tools and systems into place – by having systems, you can automate steps that would free up your sales team’s time to focus on building relationships with your customers. 
  3. Give your team responsibility in the process – when you disconnect the team from having a say in the purpose of the team or action, then you open up the opportunity for them to disengage from their work.

Listen into the full conversation to hear what other key steps and actions sales leaders need to take to uplevel their team interactions to skyrocket their customer service experience.

This episode of the Modern Selling Podcast is brought to you by Korn Ferry. Korn Ferry transforms sales teams using their world-class Miller Heiman, methodology, employee assessments, benchmarking and talent advisor capabilities to increase win rates and quota attainment. Korn Ferry offers Korn Ferry Sell, a sales effectiveness app available in App Exchange and app source that helps your sales team develop and replicate powerful sales strategies that help sellers win more deals and crush their quotas. Learn more at kornferry.com/saleseffectiveness.

10 Oct 2023Boost Your Sales with ROI and Payback: Ian Campbell's Expert Advice00:44:11

Boost Your Sales with ROI and Payback: Ian Campbell's Expert Advice

Does this sound familiar? You've been told to bombard your customers with a laundry list of product features and hope that it somehow convinces them to buy. But all you're left with is a frustrated audience and lackluster sales results. The pain of spending valuable time and effort crafting complex messages that fail to resonate is all too real. Isn't it time you learned a more effective approach to drive sales success?

Our guest for this episode:

Ian Campbell, the guest for this week's The Modern Selling Podcast, is the CEO of Nucleus Research, a leading research firm focused on helping organizations understand and articulate the value and return on investment (ROI) of technology. With over 20 years of experience in the tech industry, Ian brings a wealth of knowledge and expertise to the table. He is also the author of the book "The Value Sale," which provides sales professionals with a simple and effective process for building a business case and delivering a value message that resonates with buyers. Ian's insights and practical strategies make him a valuable resource for sales professionals looking to drive sales success through effective communication of value and ROI.

He has a rich background in the tech industry. Starting as a software programmer, he later transitioned into research, where he found his passion for understanding the ROI from technology. As the founder and CEO of Nucleus Research, Ian and his team focus on helping vendors and end users articulate the value of technology through ROI studies. With a wealth of experience in teaching value and ROI at the college level, Ian recognized the need to simplify the process of building a business case for salespeople. His goal in writing a book was to provide sales professionals with a clear and straightforward approach to showcasing value and ROI to their customers. By breaking down the concept into easily understandable terms, Ian believes that salespeople can confidently communicate the benefits of their products, ultimately leading to increased sales success.

The easier it is to build a business case, build an ROI case, the easier it's going to be for you to sell. - Ian Campbell

Mastering Communication for Sales Success
Understanding the art and science of communication is crucial for sales success. Strong communication skills allow sales professionals to articulate their value proposition clearly and persuasively, which is critical in convincing potential customers of the benefits of a product or service. Skilled communicators can effectively convey complex information, maintaining the interest of their audience, and promoting engaging and productive conversations that drive sales.

Simplifying and Communicating Value Proposition
A crucial skill for any sales professional is to effectively simplify and communicate the value proposition of their product or service. This involves distilling complex features and benefits into understandable and impactful messages. By focusing on the key benefits that resonate most with the customer, salespeople can create a compelling narrative that underscores the value of their offering and encourages the customer to make a purchase.

In this episode, you will be able to:

  • Master the art of communicating value and drive your sales success.

  • Learn how to simplify your value proposition and effectively communicate the benefits to your customers.

  • Discover the role of ROI and payback in sales and decision-making, and how to leverage it to close deals.

  • Quantify the value you provide to your customers and demonstrate the impact of your product or service.

  • Understand the importance of identifying your customer's needs and focusing on key benefits to drive sales success.

The key moments in this episode are:
00:00:08 - Introduction.

00:01:36 - About Ian Campbell and Nucleus Research.

00:05:33 - The Value Sale Book.

00:06:51 - Easy Way to Determine Positive ROI.

00:09:56 - Leading with ROI.

00:13:51 - The Importance of ROI in Sales.

00:15:08 - Categorizing Benefits and ROI.

00:16:20 - The Value of Hours Saved.

00:17:43 - Simplifying ROI for Marketing Sequences.

00:19:07 - Challenges of ROI in Larger Opportunities.

00:26:11 - The Importance of Payback Period.

00:27:28 - Mitigating Risk with Payback Period.

00:28:00 - Leveraging Payback Period in Marketing.

00:29:38 - Using Payback Period to Improve Sales Messaging.

00:30:01 - Avoiding Common Mistakes in Building a Business Case.

00:39:02 - The Power of Simplifying Product Benefits.

00:39:38 - Connecting with Ian Campbell.

00:40:43 - Quota Performance and Sales Challenges.

00:42:29 - Research Collaboration Opportunity.

00:42:39 - Ian Campbell's Favorite Movie.

Timestamped summary of this episode:
00:00:08 - Introduction,
Mario Martinez Jr. introduces himself as the CEO and founder of Vengreso and the host of the Modern Selling podcast. He welcomes the audience and mentions that they will be discussing the value sale ROI in this episode.

00:01:36 - About Ian Campbell and Nucleus Research,
Mario introduces Ian Campbell, the CEO of Nucleus Research and author of the book "The Value Sale." Ian shares his background in technology and explains that Nucleus Research focuses on helping vendors and end users understand the return on investment from technology.

00:05:33 - The Value Sale Book,
Ian discusses his book "The Value Sale" and its purpose of providing salespeople with a process to build a business case and demonstrate value to customers. He emphasizes the importance of ROI in helping customers understand the potential return they will get from a product.

00:06:51 - Easy Way to Determine Positive ROI,
Ian introduces the concept of breadth and repeatability as indicators of positive ROI. The more people use a product and the more often they use it, the greater the potential ROI. He advises salespeople to consider these factors when evaluating the potential value for a customer.

00:09:56 - Leading with ROI,
Ian suggests that while ROI is an important metric, payback period is even more impactful. Salespeople should focus on how quickly a customer will cover their costs and the return they will receive over time. Payback period can be a more compelling metric when discussing financial

00:13:51 - The Importance of ROI in Sales,
The conversation begins by discussing the significance of showcasing ROI to end users. The guest emphasizes the need to focus on increasing productivity and saving tangible resources, such as time. The value proposition should highlight the number of hours saved and the cost justification.

00:15:08 - Categorizing Benefits and ROI,
The guest introduces the concept of categorizing benefits into direct, intended, productivity gain, and distant categories. While direct and intended categories are easy to calculate, distant benefits, like happier employees, have a lower impact on ROI. The key is to focus on the two big benefits that drive the deal.

00:16:20 - The Value of Hours Saved,
The guest emphasizes the importance of focusing on the number of hours saved and how it justifies the cost. Even a few hours saved can make a significant impact. By calculating the worst-case scenario, it becomes evident that the value proposition for sales should revolve around the hours saved.

00:17:43 - Simplifying ROI for Marketing Sequences,
The guest suggests a brilliant question to ask in marketing sequences: "How many hours do I really need to save you to justify the cost?" This simplifies the ROI discussion and helps in converting more people. He advises focusing on the two big benefits that drive the deal and not getting caught up in other smaller benefits.

00:19:07 - Challenges of ROI in Larger Opportunities,
The guest acknowledges the difficulty of unpacking ROI in larger opportunities and more.

00:26:11 - The Importance of Payback Period,
Understanding the payback period is crucial in making informed decisions about signing a contract. It helps determine if a project will cover its costs within a reasonable timeframe and if the return on investment is favorable. Shorter payback periods increase the likelihood of moving forward with a project.

00:27:28 - Mitigating Risk with Payback Period,
A shorter payback period reduces the risk associated with a project. If the costs can be covered within a few months, even if the decision turns out to be a bad one, the project will have already generated positive value. Emphasizing a quick payback period can accelerate decision-making.

00:28:00 - Leveraging Payback Period in Marketing,
Highlighting a quick payback period in marketing can be more impactful than focusing on a small daily cost. Demonstrating how quickly customers can cover their costs and start generating positive value is a stronger selling point. Real-life examples and customer testimonials can reinforce these claims.

00:29:38 - Using Payback Period to Improve Sales Messaging.
Incorporating the idea of payback period into sales messaging can significantly enhance the effectiveness of the message. By framing benefits as numbers that contribute to covering costs and generating positive value, sales reps can appeal to prospects' desire for tangible returns.

00:30:01 - Avoiding Common Mistakes in Building a Business Case
Sales reps often make the mistake of including too many benefits in their business case, diluting the impact of their message.

00:39:02 - The Power of Simplifying Product Benefits,
Ian Campbell emphasizes the importance of focusing on the three key ways a product impacts customers, making it easier to articulate their value. He encourages salespeople to drop the mic and make sure the benefits drive to those big numbers.

00:39:38 - Connecting with Ian Campbell,
Mario asks how listeners can connect with Ian Campbell, suggesting Twitter and LinkedIn. Ian recommends finding him on LinkedIn and reaching out to Nucleus Research for valuable resources and articles on topics like IRR. Personalized connection requests are encouraged.

00:40:43 - Quota Performance and Sales Challenges.
Mario asks about the latest research on the percentage of sellers making quota. Ian shares that they are about to launch a survey to gather this data. He mentions that while revenues may be down, competition is up, and deals are extending rather than falling off.

00:42:29 - Research Collaboration Opportunity,
Mario offers to connect Ian with their database of 100,000 sellers, business owners, and sales leaders if they need to poll for research. Ian expresses his appreciation and interest in collaborating for future research.

00:42:39 - Ian Campbell's Favorite Movie.
Mario asks Ian about his all-time favorite movie. Ian chooses "Castle Black" as a classic old film with a cheesy charm and memorable one-liners. He considers it a movie that never gets tiresome and stands out among the rest.

Leveraging ROI and Payback to Close Deals
A key aspect of successful sales is the ability to convincingly demonstrate the Return on Investment (ROI) and payback period to potential customers. Showcasing the tangible benefits, savings, and productivity gains that will be achieved through the purchase in a simple and believable manner can expedite the decision-making process. By leading with a short payback period, sales professionals can alleviate risk concerns, making it easier for decision-makers to approve the purchase.

The resources mentioned in this episode are:

  • Visit the FlyMSG.io to download the free personal writing assistant and text expander application.

  • Check out the Nucleus Research website to learn more about their services and how they can help you understand the ROI of technology.

  • Purchase a copy of Ian Campbell's book, The Value Sale, to learn how to build a business case and deliver a message that will help close deals.

  • Consider leading with the concept of payback rather than just ROI in your sales process to help customers understand how quickly they can cover their costs.

  • Explore the various metrics and value propositions that can be used to start conversations with potential buyers.

  • Connect with Mario Martinez Jr. on LinkedIn to stay updated on future episodes of the Modern Selling podcast.

09 Jan 2024The 5 Pillars of Mental Toughness That Make Top Salespeople Unstoppable00:50:36
 

Get ready to uncover the secrets of mental toughness in sales with expert Matt Phillips. Discover the key to overcoming challenges, achieving success, and reaching your full potential. But what happens when the pressure is on, and the quotas must be met? Stay tuned to find out.

This is Matt Phillips's story:

Matt Phillips' journey is a testament to the transformative power of embracing discomfort and seizing unexpected opportunities. His encounter with Ruben Gonzalez, a four-time Olympian, sparked a life-altering proposition - co-writing a book. Although initially hesitant, Matt's decision to step out of his comfort zone and accept the challenge led to personal and professional growth. This experience not only tested his confidence but also provided a platform to share valuable insights. It's a story of resilience, courage, and the profound impact of venturing into uncharted territory. Matt's narrative serves as a poignant reminder that growth often blossoms from embracing discomfort and seeking new challenges. His journey embodies the essence of mental toughness and the unwavering spirit required to navigate uncertainties.

The quality of leader you become is based on the quality of questions you ask. - Matt Phillips

Matt Phillips is the CEO of Matt Phillips Leadership Coaching, specializing in elevating sales professionals and teams to achieve peak performance. With over eleven years of experience, Matt's expertise lies in nurturing mental toughness and resilience, crucial for success in the competitive sales environment. His approach combines coaching, workshops, and online programs to instill the necessary skills for achieving sales goals. Beyond his professional pursuits, Matt's passion for gravel bike riding reflects his commitment to personal growth and embracing new challenges. His unique blend of leadership coaching and personal experience brings a fresh perspective to the crucial topic of mental toughness in sales.

In this episode, you will be able to:

  • Master mental toughness to excel in sales.

  • Boost confidence and shatter limiting beliefs for sales success.

  • Uncover the pivotal role of leadership in driving sales performance.

  • Empower your sales team with effective enablement strategies.

  • Harness the power of mindset for unparalleled success in sales.

The key moments in this episode are:
00:00:08 - Introducing the Podcast

00:01:23 - Overcoming Mental Toughness

00:08:56 - Matt's Leadership Coaching

00:10:22 - Matt's Gravel Bike Ride

00:12:40 - Embracing New Challenges

00:12:56 - Understanding Mental Toughness

00:15:12 - The Five Elements of Mental Toughness

00:18:08 - Building Confidence

00:21:32 - Nature vs. Nurture

00:26:41 - Understanding Beliefs and Overcoming Challenges

00:27:15 - The Role of Beliefs in Sales and Leadership

00:28:49 - Shifting Beliefs for Sales Success

00:29:53 - Individual Responsibility and Leadership Development

00:36:53 - Overcoming Distractions and Effective Coaching

00:40:06 - Importance of Training and Enablement Plan

00:41:22 - Building a Leadership Philosophy

00:43:47 - Resources for Mental Toughness

00:46:06 - Quality of Leadership

00:47:53 - All-Time Favorite Movie

Timestamped summary of this episode:
00:00:08 - Introducing the Podcast
Mario Martinez Jr. introduces the "Modern Selling Podcast" and the guest, Matt Phillips, CEO of Matt Phillips Leadership Coaching, discussing mental toughness.

00:01:23 - Overcoming Mental Toughness
Matt shares a personal story about writing a book with a four-time Olympian, emphasizing the importance of stepping out of one's comfort zone and the impact of challenges on personal and professional growth.

00:08:56 - Matt's Leadership Coaching
Matt explains that his coaching primarily focuses on salespeople and cross-functional teams, emphasizing mental toughness, consistency, and separating oneself from others as key components of achieving sales goals.

00:10:22 - Matt's Gravel Bike Ride
Matt shares a personal detail about his new hobby, gravel bike riding, connecting it to the memory of his late father and emphasizing the unexpected nature of his interest in biking despite his physical appearance.

00:12:40 - Embracing New Challenges
Mario and Matt discuss their shared interest in biking and how they have both embraced new challenges, such as mountain biking, demonstrating the importance of stepping out of one's comfort zone and trying new experiences for personal growth.

00:12:56 - Understanding Mental Toughness
Matt and Mario discuss the importance of defining mental toughness and its key elements like confidence, focus, control, energy, and intentional action.

00:15:12 - The Five Elements of Mental Toughness
Matt breaks down the five elements of mental toughness - confidence, focus, control, energy, and intentional action - and how they contribute to building a strong mindset.

00:18:08 - Building Confidence
Matt emphasizes the importance of leveraging past successes to build confidence and propel future actions, regardless of challenges faced in sales or leadership roles.

00:21:32 - Nature vs. Nurture
Matt and Mario delve into the discussion of whether mental toughness is something innate or can be developed through training and practice, highlighting the importance of nurturing key behaviors like confidence and control.

00:26:41 - Understanding Beliefs and Overcoming Challenges
Matt shares his personal experience of understanding beliefs and how it freed him up. He emphasizes the importance of identifying and challenging limiting beliefs to achieve success in sales and leadership.

00:27:15 - The Role of Beliefs in Sales and Leadership
Matt discusses the impact of beliefs in sales, highlighting the importance of confidence and understanding the origins of beliefs. He emphasizes the need to rewire the brain to overcome limiting beliefs and achieve success.

00:28:49 - Shifting Beliefs for Sales Success
Matt explains the significance of shifting beliefs in sales, focusing on the role of confidence and challenging limiting beliefs. He emphasizes the need for sales leaders to coach their teams through shifting beliefs to overcome challenges and achieve success.

00:29:53 - Individual Responsibility and Leadership Development
Matt addresses the individual responsibility in sales, emphasizing the importance of setting goals and reflecting on what motivates individuals. He also discusses the role of sales leaders as coaches in developing their teams and optimizing performance.

00:36:53 - Overcoming Distractions and Effective Coaching
Matt shares insights on overcoming distractions and maintaining focus in sales. He also highlights the importance of effective coaching, emphasizing the need for leaders to actively listen to their team members and provide hands-on support to drive performance.

00:40:06 - Importance of Training and Enablement Plan
Matt emphasizes the importance of leaders helping employees who are new to a task by providing a starting point, vision, and practical examples. He also highlights the need for leaders to invest time in coaching and mentoring employees.

00:41:22 - Building a Leadership Philosophy
Matt discusses the significance of developing a clear leadership philosophy and the need for leaders to communicate their expectations and actions to their team members. He stresses the importance of investing time in training and coaching the team for optimal performance.

00:43:47 - Resources for Mental Toughness
Matt shares about a free master class training for sales leaders and the importance of knowing your numbers through a metrics cheat sheet. He encourages individuals to take advantage of these resources to improve mental toughness and achieve sales goals.

00:46:06 - Quality of Leadership
Matt emphasizes the importance of asking the right questions and reflecting on personal beliefs to become a better leader. He encourages individuals to challenge obstacles and rewire their thinking to unlock new possibilities and achieve desired results.

00:47:53 - All-Time Favorite Movie
Matt shares his all-time favorite movie, "Field of Dreams," and relates it to his personal connection with the sentimental story behind it, emphasizing the importance of cherished memories and sentimental moments.

Learn Leadership's Impact on Sales
Leadership, according to Matt Phillips, extends beyond just holding team members accountable. It involves training, coaching, and equipping team members with the necessary tools to meet their sales objectives efficiently. By understanding leadership's impact on sales, professionals can better align their efforts with their overall goals, thus optimizing team performance and driving success.

Strengthen Mental Toughness for Sales
Matt Phillips underscores the immense role mental toughness plays in the highly competitive sales industry. In a world where sales teams and individuals are constantly jostling for the same opportunities, mental zing stands out as a reliable key to success. Through this episode, Matt seeks to equip sales professionals with the necessary tools to cultivate mental toughness, thus improving their resilience and ultimately their sales performance.

Boost Confidence and Break Through
Constantly revisiting past victories constitutes an essential part of fostering self-belief, according to Matt Phillips. He encourages sales professionals to leverage their past successes as a springboard to future victories. This episode inspires sales professionals to develop an unwavering confidence in their abilities, enabling them to break through challenges and meet their sales targets head-on.

The resources mentioned in this episode are:

  • Sign up for the free master class training on How to Become an Elite Sales Leader and Triple Revenue Growth to learn about mindset shifts and tactical strategies for sales leadership.

  • Visit Mattphillipscoaching.com to access a metrics cheat sheet that can help you focus on the right metrics to optimize your performance as a sales leader or individual contributor.

  • Download FlyMSG, a free text expander and personal writing assistant, to save 20 hours or more in a month and increase your productivity.

23 May 20237 Effective Selling Techniques for Sales Success with David Kurkjian, #23700:46:01

Salespeople and business owners aiming to expand their profits and businesses need powerful selling tactics. In this blog post, we will explore various strategies that can help you improve your sales process, engage prospective clients, and ultimately close more deals.

We'll start by discussing the importance of unique value propositions in differentiating your product or service from competitors. Next, we'll delve into leveraging behavioral psychology to better understand how emotions influence purchasing decisions and create contrast through effective communication.

Furthermore, we will cover building high-value discovery calls using open-ended questions and communicating challenges effectively. We will also discuss mastering early-stage selling conversations by building rapport with prospects while showcasing your product's unique value.

Lastly, we'll provide tips on encouraging prospects to connect beyond the initial sales call through social media platforms like LinkedIn and Twitter as well as sharing valuable resources to keep them engaged throughout the sales cycle. By implementing these effective selling techniques in your approach, you're sure to see improvements in both client relationships and overall success rates.

Understanding the Importance of Unique Value Propositions

Sales professionals often struggle with effectively communicating their product or service's unique value propositions during early-stage selling conversations. In a commoditized market, it is crucial to identify and emphasize these distinctive aspects that set your offering apart from competitors. This section will discuss the importance of uniqueness in sales messaging and how to discover those key differentiators.

Identifying Unique Features in Your Product or Service

To stand out among countless similar products, you need to pinpoint what makes yours truly special. Start by conducting a SWOT analysis (Strengths, Weaknesses, Opportunities, Threats) on your offerings compared to others in the market. By doing so, you'll uncover elements that differentiate your product from competitors - whether it be an innovative feature or exceptional customer support.

  • Innovative features: Highlight any cutting-edge technology or design elements exclusive to your product.
  • Exceptional customer support: Emphasize how dedicated and responsive your team is when addressing client concerns.

The Role of Product Development in Understanding Uniqueness

Your product development team plays a significant role in shaping its unique characteristics; after all, they're responsible for bringing ideas into reality. Collaborate closely with them throughout each stage of development - this way, you can ensure everyone understands what sets the final output apart from other options available within today's competitive landscape (research shows this greatly improves overall success rates).

Above all, remember that effective selling techniques involve more than just listing features; they require a deep understanding of how those aspects genuinely benefit prospective clients. By mastering the art of conveying your product or service's unique value propositions, you'll be well on your way to transforming sales pitches into powerful purchasing decisions.

Understanding the importance of unique value propositions is essential for successful selling; by leveraging behavioral psychology, sales professionals can maximize their success. Next, we will explore how to use psychological principles in order to effectively communicate and create contrast with buyers.

Leveraging Behavioral Psychology for Effective Selling

Research has shown that individuals make decisions based on emotion and justify them with logic and reason. By incorporating principles from behavioral psychology into your sales approach, you can create a contrasting world view for prospects, making it easier for them to perceive the value of your offering. This section will explore techniques derived from studies like Antonio Damasio's work on decision-making processes.

How Emotions Influence Buying Decisions

Emotions play a significant role in our purchasing decisions. In fact, research shows that people rely more on their feelings than rational thought when making choices about products or services. Understanding this emotional component is crucial for developing effective selling techniques.

  • Fear: Highlighting potential risks or problems associated with not using your product can tap into buyers' fear of missing out (FOMO) or experiencing negative consequences.
  • Happiness: Demonstrating how your solution contributes to increased satisfaction or joy can create positive associations between your brand and the buyer's desired outcome.
  • Pride: Emphasizing achievements unlocked by using your product may appeal to customers who seek recognition and validation through their purchases.

Creating Contrast Through Effective Communication

To leverage these emotional drivers effectively, it's essential to communicate clear contrasts between life without your product/service versus life with it. Paint vivid pictures illustrating both scenarios so prospective clients understand what they stand to gain - or lose - by choosing one option over another.

  1. Showcase Benefits Instead of Features: Focus on the positive outcomes your product or service delivers, rather than simply listing its features. For example, instead of saying "our software has a built-in CRM," explain how this feature helps users save time and improve customer relationships.
  2. Use Storytelling: Telling stories that resonate with your target audience can evoke emotions more effectively than presenting facts alone. Share real-life examples of customers who have benefited from using your solution to create an emotional connection with prospects.
  3. Acknowledge Objections: Addressing potential concerns head-on demonstrates empathy and understanding while providing opportunities for you to counter these objections with compelling reasons why they should still choose your offering.

Incorporating behavioral psychology principles into your sales techniques allows you to tap into powerful emotional drivers that influence purchase decisions. By doing so, you're better equipped to persuade prospective clients and close deals more effectively.

By leveraging the power of behavioral psychology, knowledge workers can create more effective selling strategies and increase their chances for success. Building high value discovery calls is an important step in this process; it requires careful communication techniques to ensure that challenges are accurately conveyed and understood.

 
Key Takeaway: 

To be an effective salesperson, it is important to understand that emotions play a significant role in purchasing decisions. By leveraging principles from behavioral psychology such as fear of missing out (FOMO), happiness, and pride, along with effective communication techniques like showcasing benefits instead of features and using storytelling, you can create clear contrasts between life without your product/service versus life with it to persuade prospective clients and close deals more effectively.

Building High Value Discovery Calls

A successful discovery call requires more than just knowing what questions to ask; it involves painting a picture of a better world with your product or service at its core. To achieve this, focus on identifying elements within your offering that are truly unique and relevant to potential customers' challenges. In this section, we'll provide insights into structuring high-value discovery calls by emphasizing solutions over features.

Techniques for Asking Open-Ended Questions

The key to unlocking the full potential of any conversation lies in asking open-ended questions that encourage prospects to share their thoughts and feelings freely. Try posing queries such as, "What difficulties are you experiencing at present?" or "How do you see our solution aiding in the accomplishment of your objectives?". These types of queries allow prospective clients to dive deeper into their pain points while giving you valuable insight into how best to tailor your pitch accordingly.

Communicating Challenges Effectively

To ensure that prospects fully understand the value proposition behind what you're selling, it's crucial not only to present them with facts but also to paint an emotional picture they can easily relate to. One effective technique is utilizing storytelling as a means for illustrating real-life scenarios where others have faced similar issues and found success through using products/services such as yours - ultimately driving home the point about why choosing your company will make all the difference when it comes to overcoming obstacles standing in the way of achieving desired outcomes.

In addition, research shows that people tend to retain information much better when presented visually rather than textually alone - so don't be afraid to incorporate visual aids (e.g., slides) during sales presentations in order to reinforce key points being made throughout the discussion.

Lastly, always remember to stay focused on addressing the prospect's specific needs rather than simply rattling off a list of features included within your offering - this way, you'll be able to demonstrate genuine understanding of their situation and build the trust necessary to move forward in the sales cycle successfully.

Maintaining Momentum Beyond the Call

A high-value discovery call is just the beginning of your relationship with a prospective client. To keep that momentum going and increase the likelihood of closing deals, it's essential to follow up promptly after each interaction by sending personalized messages summarizing the main takeaways from the conversation along with any additional resources that might be helpful in making a purchasing decision (e.g., case studies).

Moreover, don't forget to leverage the power of social media platforms like LinkedIn or Twitter in order to stay connected with prospects even when not actively engaged in the selling process - doing so will enable you to continue nurturing leads until they're ready to make a purchase decision and ultimately grow your sales pipeline over time.

By asking open-ended questions and effectively communicating challenges, you can build high value discovery calls. Moving on to the next step in effective selling techniques, mastering early stage conversations is key for building rapport and trust with prospects while showcasing your product or service's unique value.

 
Key Takeaway: 

To have a successful discovery call, focus on identifying unique elements of your offering that are relevant to potential customers' challenges. Use open-ended questions to encourage prospects to share their thoughts and feelings freely, communicate challenges effectively by utilizing storytelling and visual aids, and maintain momentum beyond the call by promptly following up with personalized messages summarizing key takeaways from the conversation.

Mastering Early Stage Selling Conversations

Engaging prospects early in the sales process is critical when converting leads into customers. By using strategic questioning techniques combined with an understanding of emotional drivers behind purchasing decisions, you can establish trust while showcasing how your solution addresses their needs directly - ultimately leading towards higher conversion rates overall. Let's delve deeper into mastering these vital initial discussions between sellers and buyers alike.

Building rapport and trust with prospects

The foundation of any successful sales relationship lies in building rapport and trust with prospective clients. Start by doing your homework - research shows that salespeople who are well-prepared for meetings have a significantly higher success rate. Make sure to understand the prospect's industry, company, role, challenges they face, and recent news or developments related to their business.

In addition to being knowledgeable about the prospect's world, focus on active listening during conversations. This means asking open-ended questions that encourage them to share more information about themselves and their needs. Be genuinely interested in what they have to say - this will help build credibility as someone who truly cares about finding solutions for them.

Showcasing your product or service's unique value

  • Tailor your pitch: Customize your sales pitch based on the insights gathered from discovery calls and research conducted beforehand. Highlight specific features or benefits that address the pain points shared by the buyer.
  • Create contrast: Emphasize what sets you apart from competitors by demonstrating how your offering provides a unique solution not found elsewhere in the market. Use examples or case studies if possible to illustrate real-world results achieved through utilizing your product or service.
  • Address objections: Anticipate potential concerns and be prepared to address them head-on. By proactively addressing these issues, you can alleviate any doubts the prospect may have about your offering's effectiveness in solving their problems.

To truly master early-stage selling conversations, it is essential to combine a genuine interest in helping prospects with a deep understanding of your unique value proposition. This approach will not only help you build trust but also showcase how your solution directly addresses their needs - ultimately increasing conversion rates.

Having a solid foundation of early stage selling conversations will set you up for success and help build trust with prospects. With this in mind, it's important to continue the conversation by utilizing social media platforms like LinkedIn and Twitter to encourage further connection beyond the sales call.

 
Key Takeaway: 

To effectively sell your product or service, it's important to engage prospects early on by building rapport and trust through active listening and tailored pitches. By showcasing the unique value of your offering while addressing potential objections, you can establish credibility as someone who cares about finding solutions for their needs - ultimately leading towards higher conversion rates overall.

Encouraging Prospects to Connect Beyond the Sales Call

Strengthening relationships with potential customers goes beyond a single discovery call. By providing opportunities for further engagement, such as connecting on social media platforms or sharing relevant content, you can continue nurturing leads until they are ready to make a purchase decision. This section will discuss strategies for maintaining connections after initial sales conversations.

Utilizing LinkedIn and Twitter for Follow-up Communication

Using LinkedIn and Twitter, salespeople can foster lasting relationships with potential customers by providing updates on their company, industry news, and thought leadership pieces that demonstrate expertise. These platforms allow you to stay connected by sharing updates about your company, industry news, and thought leadership pieces that demonstrate your expertise in the field.

  • Create personalized connection requests on LinkedIn that reference specific points from your conversation during the sales call.
  • Add value by commenting on prospects' posts or engaging them in discussions related to their industry challenges.
  • Tweet insightful articles or share valuable resources that address pain points discussed during the sales meeting - don't forget to tag your prospect.

Sharing Valuable Resources to Keep Prospects Engaged

Beyond social media interactions, another effective selling technique is offering helpful content tailored specifically towards addressing buyer's attention areas identified throughout the course of earlier conversations. This not only demonstrates genuine interest but also showcases how well-equipped your selling solutions are at tackling those very issues head-on. Here are some ideas:

  1. Email newsletters: Send regular updates featuring case studies, whitepapers, blog posts, or other educational materials related directly back towards topics touched upon within previous sales presentations.
  2. Webinars: Invite prospects to attend webinars where they can learn more about your product or service, as well as industry trends and best practices. Invite prospects to engage further and ask questions by attending a webinar discussing your product/service, along with industry trends and practices.
  3. Personalized content: Create tailored resources that specifically address the challenges faced by each prospect in their unique purchasing decision process - this could be anything from a customized video demonstration of how your solution works, to an infographic highlighting key data points relevant to their situation.

Incorporating these effective selling techniques into your sales cycle will not only help you maintain connections with prospective clients but also position you as a trusted resource who understands their needs and is dedicated towards helping them make informed purchase decisions. Research shows that these techniques can help you close more deals and improve your sales pipeline. So go ahead, start selling like never before.

 
Key Takeaway: 

To maintain connections with potential customers, salespeople should utilize social media platforms like LinkedIn and Twitter to share updates and engage in discussions. Additionally, offering personalized resources such as email newsletters or webinars can showcase the effectiveness of selling solutions while demonstrating genuine interest in addressing buyer's pain points. These techniques can improve a salesperson's pipeline and help close more deals.

FAQs in Relation to Effective Selling Techniques

What are Effective Selling Techniques?

Effective selling techniques include understanding your unique value proposition, leveraging behavioral psychology, building high-value discovery calls, mastering early-stage conversations, and encouraging prospects to connect beyond the sales call. These methods help build rapport with clients and showcase your product or service's distinctive features.

What are the 5 Selling Techniques?

The five key selling techniques are:

  1. Building rapport with prospects through active listening and empathy;
  2. Asking open-ended questions to uncover needs;
  3. Presenting tailored solutions that address client challenges;
  4. Handling objections confidently by addressing concerns; and
  5. Closing deals effectively by summarizing benefits and creating a sense of urgency.

What are the 4 Basic Selling Techniques?

The four basic selling techniques involve:

  1. Establishing trust through credibility-building activities like sharing expertise or testimonials;
  2. Identifying customer pain points using probing questions;
  3. Demonstrating how your solution solves their problems in a compelling manner; and
  4. Closing deals effectively by summarizing benefits and creating a sense of urgency.

What are the 3 Basic Selling Techniques?

Three fundamental selling strategies consist of:

  1. Focusing on relationship-building to create long-term connections;
  2. Differentiating yourself from competitors by highlighting unique product or service features; and
  3. Persuasively presenting solutions that align with prospect's goals or pain points.

These approaches ensure a customer-centric sales process that fosters trust and drives results.

Conclusion

In conclusion, effective selling techniques involve identifying unique value propositions, leveraging behavioral psychology to influence buying decisions, building high-value discovery calls, and mastering early-stage selling conversations. It also includes encouraging prospects to connect beyond the sales call by utilizing social media platforms like LinkedIn and Twitter.

By utilizing these approaches in your sales procedure, you can increase the likelihood of catching a purchaser's consideration and at last shutting more arrangements. To learn more about how Vengreso can help you master effective selling techniques for your business or organization, visit our website.

28 Sep 2021Sales Management That Works with Frank Cespedes, #18500:51:13

As the world enters into a new and ever-evolving post-pandemic landscape, sales leaders are hyper-focused now more than ever on mastering the art of selling.

My guest in this episode of The Modern Selling Podcast is a Harvard Business School professor, market researcher, and best-selling author who has spent decades studying the data behind what really drives sales.

Don’t miss this eye-opening conversation with Frank Cespedes, as he dispels the biggest sales myths and explains the must-use strategies to consistently get sales results.

Frank Cespedes is one of Harvard Business School’s best-kept secrets. He spent 12 years as a Managing Partner of a professional services firm, where he helped countless companies navigate go-to-market and strategy issues. He has written for numerous publications, and is the author of six books, including, Aligning Strategy and Sales, which was cited as “The Best Sales Book of the Year” by Strategy & Business, “A Must Read” by Gartner, and “Perhaps the Best Sales Book Ever” by Forbes.

Listen to this episode to hear the most important sales lessons from Frank’s newest book, Sales Management That Works: How to Sell in a World That Never Stops Changing. 

Grab your copy here on Amazon.

Did the Pandemic Change How We Sell?

The short and very surprising answer is: NO.

With so many B2B and B2C companies shifting to expand their digital offerings (Vengreso included!), most sales leaders rushed to invest in growing their online infrastructure – making the role of the traditional salesperson obsolete.

Well, so we thought.

However, when you examine the data as closely as Frank has, it reveals that many sales leaders are misallocating sales resources based on unsubstantiated assumptions.

So, I asked Frank to share some of his findings. “The percentage of total retail sales that were done via e-commerce at the beginning of 2020, when the pandemic hit, was 11.4%. But, when I ask executives, I typically get estimates from 30% to 60%. In other words, people are not just a little bit off, they’re orders of magnitude off!”

What’s even more startling is the small impact on online retail sales that the pandemic restrictions actually had.

Frank says, “During those maximum lockdown conditions, e-commerce as a percentage of total retail sales only went up to 15.1% – and it’s been trending down since then.”

Listen to the episode to hear his unique B2B insights and the major ‘allocation’ mistake Frank found that’s sinking B2B sales.

What is Affecting Sales Right Now?

The buying journey is much more complex, as customers can navigate seamlessly between offline and online channels to buy a single product. 

And, these buying behaviors must inform and influence the tasks of the sales team. But, are companies really adapting to this shift

Frank doesn’t think so. “The most important thing about selling is the buyer who buys – why they buy, and how they buy. This is where technology online has had its biggest impact.”

In his new book, Sales Management That Works, he outlines the three most important questions that sales teams need to be asking right now to position themselves for growth:

 

  1. When is the right time and the wrong time to interact with buyers?
  2. What is the best channel approach to sales – offline or online?
  3. How do we shift from an ‘individual contributor’ model to an ecosystem of sales managers?

Join in to hear what Frank believes are the right answers to these pressing sales questions.

How to Hire The Right Sales Staff in Today’s Market

Sales hiring comes with a host of inherent challenges that aren’t present in other industries.

Unlike other positions, Frank found that less than 300 out of the 5,000 colleges and universities in the country even offer a sales course.

“This is an occupation, where the vast majority of people start out knowing very, very little about what they're going to get paid for.” 

Frank shares an interesting perspective of how the hiring process should be approached. I was happy to hear that Vengreso’s ‘hiring template’ is checking all of his boxes.

According to his research, sales hiring must include:

  1. Multiple interviews that allow candidates to be screened by both sales leaders and their sales peers.
  2. Skills and behavioral testing via real world selling scenarios.
  3. Mandatory probationary periods even after hiring to assess the candidate’s fit.

This can seem like a lot of time invested to hire one sales rep, however, as Frank points out, “If you add up the amount of money that is spent on hiring and the opportunity costs inherent to training, that number annually, is bigger than the biggest CapEx decisions.”

So, with this amount of money at stake, nailing the sales hiring process is key to every company's success.

Be sure to listen to the entire episode to hear the ‘bizarre’ sales hiring story I share that illustrates the power of having the right hiring process in place.

How Sales Leaders Can Improve Sales Training

I wasn’t surprised when Frank shared that, “most sales reps forget about 80% of what they learn in sales training seminars within 60 to 70 days.” In fact, this is what we have been preaching for the last 3.5 years even before the pandemic and what became the cornerstone of our evangelizing a virtual sales program

This is why highly-targeted sales training that is designed for adult learners and that will continually reinforce the right selling behaviors is so important.

We predicted this at Vengreso, in 2018, when we began to move our sales training from in-person to online.

We figured out early on that online sales training would only be effective if it was focused on how to change our client’s sales team’s behavior(s), so they could become better modern sellers.

But, is sales training the only way to improve your sales team’s performance? That’s a question I asked Frank and his answer wasn’t what I expected.

Join the conversation to hear what Frank’s data suggests is the most powerful tool to explode your sales team's potential.

13 Aug 2024The Seed & Soil Method: A New Approach to Sales Optimization00:44:43
 

What do fig trees and industrial glue have to do with sales success? Learn the unexpected agricultural analogy that could transform your sales strategy! This insight-packed conversation between two sales leaders will change the way you think about nurturing your team and your business.

Get ready to dig deep and unearth the secrets of seed and soil in sales. Dive into the unexpected with Stephen Oommen and Mario Martinez Jr. on the Modern Selling Podcast. Stay tuned for a game-changing revelation that will recalibrate your sales mindset.

If you're feeling frustrated with the lack of progress in your sales team, trying to figure out whether the problem lies with your people or your processes, then you are not alone!

The struggle to identify the root cause of underperformance can be overwhelming, leaving you unsure of where to focus your efforts. It's time to untangle the web and uncover the real issues holding your sales team back. Let's dive into the importance of people, process, and tools in optimizing sales performance and achieving the outcomes you desire.

Mastering Strategies for Growing Sales Numbers
In this episode, Mario and Stephen discuss the importance of seed and soil in sales leadership, emphasizing the need for sales leaders to assess and address talent and environmental factors within their organizations to drive growth. By understanding the metaphor of seed representing talent and soil symbolizing the environment, sales leaders can strategically nurture their team members to optimize performance and achieve higher sales numbers. The key takeaway is that by focusing on both the individual talent (seed) and the organizational environment (soil), sales leaders can identify opportunities for improvement and implement strategies to drive sales growth effectively.

This is Stephen Oommen's story:

In Stephen Oommen's career, the significance of people, process, and tools in sales became apparent when he faced the challenge of revitalizing an underperforming organization. Through this experience, he uncovered the critical role of mindset and attitude within the sales team, igniting a transformation in his approach. Stephen's journey exemplifies the profound impact of human connections and individual perspectives on sales success. His ability to empathize and comprehend the human element within sales dynamics has not only reshaped his strategies but also inspired others to recognize the intrinsic link between people, process, and tools in driving sales performance.

I usually would rather start with the soil, believe it or not. I would think through, if I were to build a finance plan, if I were to build anything, I would go through all of these metrics, see where our core skills were or wins, where do we have a toehold, a foothold and just market dominance. - Stephen Oommen

My special guest is Stephen Oommen

Stephen Oommen, formerly the vice president of enterprise sales at Outreach, boasts a robust 25-year tenure in sales, having navigated diverse industries, including substantial roles at Microsoft and ADP. His extensive experience encompasses selling an array of products, from cell phones to enterprise software. With a keen focus on driving sales performance and refining go-to-market strategies, Stephen's expertise in the critical elements of people, process, and tools in sales renders him an authoritative figure in optimizing team performance and achieving superior sales outcomes.

In this episode, you will get the skills to:

  • Mastering Strategies for Growing Sales Numbers at Scale: Learn how to exponentially increase your sales performance and drive revenue growth across your entire team.

  • Embracing the Importance of People, Process, and Tools in Sales: Discover the vital role that people, processes, and tools play in optimizing sales outcomes and transforming your team's performance.

  • Transitioning from Enterprise Sales to Strategic Advising: Uncover the key insights and strategies for successfully transitioning from traditional enterprise sales to a more strategic advisory role, unlocking new opportunities and revenue streams.

  • Overcoming Challenges and Rebuilding in Sales Careers: Explore effective methods for overcoming challenges and rebuilding your sales career, empowering you to bounce back stronger and more resilient than ever.

  • Cultivating Effective Leadership in Sales Organizations: Uncover the essential principles and practices for cultivating effective leadership within sales organizations, driving team motivation, and achieving outstanding results.

 

The key moments in this episode are:
00:00:09 - Introduction to FlyMSG and Modern Selling Podcast

00:01:01 - Introduction to Stephen Oommen

00:04:16 - Personal Revelation of Stephen Oommen

00:07:55 - Seed and Soil Analogy

00:11:23 - Addressing Attitude and Mindset Issues

00:12:58 - Setting Expectations for In-Office Attendance

00:15:16 - Contract Review and Decision Making

00:17:01 - Talent Management and Organizational Culture

00:20:58 - Assessing the Impact of Office Attendance

00:24:21 - Identifying Seed vs. Soil Problems

00:25:47 - Talent Misalignment Issue

00:26:50 - Skills and Sales Cycles

00:29:32 - Leadership Philosophy

00:31:10 - Soil Dynamics

00:33:44 - Fixing Challenges

00:40:56 - Importance of Tilling the Soil

00:41:23 - Connecting with Stephen

00:42:13 - All-Time Favorite Movie

00:42:46 - Request for Ratings and Review

Timestamped summary of this episode:
00:00:09 - Introduction to FlyMSG and Modern Selling Podcast
Mario Martinez Jr. introduces FlyMSG and the Modern Selling Podcast, highlighting the focus on helping sales leaders and practitioners grow their sales numbers at scale.

00:01:01 - Introduction to Stephen Oommen
Mario Martinez Jr. welcomes Stephen Oommen, former VP of Enterprise Sales at Outreach, and discusses the importance of people, processes, systems, and tools in sales and marketing.

00:04:16 - Personal Revelation of Stephen Oommen
Stephen Oommen shares a personal story of overcoming a challenging time during the recession, highlighting resilience and determination in the face of adversity.

00:07:55 - Seed and Soil Analogy
Stephen Oommen discusses the concept of "seed" as the people or talent in an organization, and "soil" as the environment or infrastructure where people are placed. Emphasizes the importance of evaluating both aspects when addressing organizational growth and performance.

00:11:23 - Addressing Attitude and Mindset Issues
Mario Martinez Jr. shares a personal experience of addressing attitude and mindset issues within a sales team, highlighting the significance of cultural alignment and team dynamics in achieving sales goals.

00:12:58 - Setting Expectations for In-Office Attendance
Mario discusses the importance of getting to know his team and sets the expectation for in-office attendance. He confronts an employee who refuses to come into the office and questions the director about the employee's contract.

00:15:16 - Contract Review and Decision Making
Mario contacts HR to review the employee's contract and discovers that there is no requirement for remote work. His boss advises him to fire the employee, but Mario decides to coach him first.

00:17:01 - Talent Management and Organizational Culture
Stephen shares his belief in the importance of talent and the impact of an individual's circumstances on their performance. He emphasizes the need for creating an environment that attracts top talent and aligning skills with the company's needs.

00:20:58 - Assessing the Impact of Office Attendance
Mario explains that the office attendance requirement was not solely about work but also about building rapport and getting to know the team. He emphasizes the impact of an individual's attitude on the entire team and the importance of reasonableness in expectations.

00:24:21 - Identifying Seed vs. Soil Problems
Stephen discusses the complexity of identifying whether a problem lies with the individual (seed) or the organization (soil). He highlights the need to align an individual's skills with the company's processes and emphasizes the role of the leader in optimizing the environment for the team's success.

00:25:47 - Talent Misalignment Issue
Stephen discusses the trend of misalignment in the marketplace, highlighting the importance of full cycle AE's and the skills required for enterprise sales.

00:26:50 - Skills and Sales Cycles
Stephen explains the challenges in enterprise sales, emphasizing the need for specialized skills in creating pipeline due to longer sales cycles.

00:29:32 - Leadership Philosophy
Stephen shares his management philosophy, focusing on potential, capability, and effort, while also discussing the nurture potential of skills.

00:31:10 - Soil Dynamics
Stephen delves into the various components of the soil in sales, including historical evidence, marketing, leads, and investment in training and career growth.

00:33:44 - Fixing Challenges
Stephen emphasizes the importance of starting with the soil to fix challenges, focusing on product-market fit, awareness, and driving demand in today's economy. He uses the analogy of nurturing a fig tree to illustrate the need for time and investment in the seed.

00:40:56 - Importance of Tilling the Soil
Stephen and Mario discuss the analogy of changing out the seed versus tilling the soil in a sales context. They emphasize the impact of putting in the work to till the soil and fertilize it for more effective results.

00:41:23 - Connecting with Stephen
Mario asks Stephen how listeners can connect with him. Stephen suggests reaching out to him on LinkedIn with a specific message, as he gets a lot of requests. He also provides his name spelling for reference.

00:42:13 - All-Time Favorite Movie
Mario asks Stephen about his all-time favorite movie, and Stephen reveals it to be "Love and Basketball," a sports-related film. Mario expresses interest in the movie and plans to look it up.

00:42:46 - Request for Ratings and Review
Mario asks listeners to give the podcast a five-star rating and review on iTunes. He also promotes the FlyMSG app for productivity. He concludes by thanking the audience for listening.

Transitioning from Enterprise Sales to Strategic Advising
Stephen shares his insights on transitioning from a role in enterprise sales to strategic advising, emphasizing the importance of understanding the holistic approach to sales leadership. The conversation delves into the significance of evolving from a focus on sales numbers to strategic advising, where sales leaders must balance people,

Leveraging the Importance of People, Process, and Tools
Stephen emphasizes the importance of aligning talent with the right processes and tools within the sales organization to optimize performance and drive better results. The discussion highlights the need for sales leaders to evaluate the alignment between individual salespeople, organizational processes, and tools to ensure synergy and effectiveness in achieving sales objectives. By leveraging the alignment of people, process, and tools, sales leaders can create a harmonious and efficient sales environment that maximizes the potential of their team and drives success in sales initiatives.

The resources mentioned in this episode are:

  • Connect with Stephen Oommen on LinkedIn and mention that you heard him on The Modern Selling Podcast to establish a specific connection.

  • Download FlyMSG for free to save 20 hours or more in a month and increase your productivity. This is a free text expander and personal writing assistant.

  • Give The Modern Selling Podcast a five-star rating and review on iTunes to show your support and help the podcast reach a wider audience.

16 Jun 2022Email Marketing Strategies & Best Practices with William Ballance, #20900:43:38

The B2B sales landscape has shifted from the phone to the email inbox. With the average consumer being bombarded with over 5,000 sales and marketing messages every day – knowing how to stand out in the inbox is what most sellers are struggling with.

But, the key to getting your cold outreach messages read and responded to comes down to nailing a few important email strategies.

And, those specific (and winning) email marketing strategies are exactly the topic of discussion in this episode of the Modern Selling Podcast.

My guest, William Ballance is not just the expert in everything email marketing, but his company is leading the way in how B2B sellers are crafting sales messages and engaging with prospects in new and innovative ways.

William Ballance is the CEO of Lavender.ai, a psychology-driven tool designed to help sellers write better emails faster by leveraging cutting-edge AI insights on individuals’ personalities. So, if you’ve ever wondered how to get in the inbox and stay there – this is the episode to download and listen to all the way to the end!

In our in-depth discussion we dive deep into what’s working now to draw in the distracted, post-pandemic buyer, what sales teams should be saying in their email outreach, and the “sales formula” to get a response – every time!

Be sure you download this episode and pay particular attention to what William says is really driving response rates!

How has email marketing changed since the pandemic?

The B2B selling environment today is very different than it was three years ago. I wanted to pick William’s brain and get a better understanding of what he’s seeing in the market and why it’s becoming harder to get sales meetings via email.

What he shares gave me a whole new perspective on the topic, “Many sales teams did a lot of selling by phone. But with COVID and the world immediately going online or working remotely, office numbers suddenly didn’t work. So, if you didn’t have mobile numbers, you had no choice but to shift to email. Data shows that there has been a 16% immediate increase in outbound sales emails and an 8% decline in response rates. Why? Because overnight there was immediately more noise.”

This is spot-on as researchers have found that the number of emails being sent is at an all-time high. Microsoft found that between 2021 and 2022, some 40 billion more emails have been sent. 

With this astronomical increase in what I call “digital pollution” there’s no wonder that so many sales outreach messages go unread.

Listen to the full conversation to hear what William suggests sales teams do to break through the email noise and land in front of prospects at the right time with the right messages.

Should B2B sellers send more emails to get more responses?

This is a common question we hear a lot in B2B sales circles. Does sending more email outreach messages actually equate to better response rates?

I wanted to see what William’s data shows, “Even though we're using email more, it's not necessarily increasing our results. Where it normally took 8 to 12 touches to get a response. It's now taking anywhere between 12 to 16 touches to get a response by a buyer. So, we are sending more emails but with fewer results. Why not shift how we do things and send the right messages that get immediate responses?”

This sales mindset shift is exactly what we teach at Vengreso in our PVC Methodology. The goal is not to arbitrarily send emails to eventually get a response, but, instead to send messages that are hyper-personalized and designed to pull prospects in – even with the first outreach.

When B2B buyers get hundreds, if not thousands of sales messages every week, it’s easy to get lost in the flood of emails in their inbox. What modern sellers do well is they know how to draw prospects in with their subject lines, what to say in the email opener, and how to make their messages so succinct and compelling that prospects want to read them and take action.

I ask William to explain the process he teaches sales teams to take to craft winning and (highly readable) emails.

His approach involves what he calls a “one scroll” method. That is you want to include your entire outreach message in no more than one scroll so that prospects get the information they need without having to read for more than 15 seconds.

To hear other must-dos when it comes to your email marketing, listen to the entire episode and pay close attention to the “new” word count William suggests you hit with every email.

What are B2B sales emails best practices?

Depending on who you ask, this could be a loaded question. The important thing to note when crafting a sales email is to think first about who you’re sending it to.

I find that so often sales professionals send generic, copy-and-paste sales emails that lack personality or any form of personalization. This makes it easy for them to go unread because they’re like the hundreds of other emails vying for attention in your buyers’ inbox.

I wanted to see what unique strategies or best practices William uses and sees that work thanks to his innovative email AI technology.

He highly recommends that B2B sellers do the following:

  1. Go with short emails. And when William says short, he means no more than 50-75 words short. In his research, he’s found that the average reading attention span is now 15-30 seconds max.
  2. Don’t overcomplicate your email. Many times sellers include everything under the sun in their emails. Williams suggests making your email short and easy enough to read that a fifth grader would understand it.
  3. Make your email highly relevant. Personalization is important, but make sure how you personalize your email is relevant to the reader. Mentioning that you share an alma mater or have a similar interest can miss the mark if it has nothing to do with why you are reaching out.

William shares even more tips and tricks that are moving the sales email needle in the episode. Download the full conversation to get all of his psychology-based principles and proven email strategies.

Should you include your Calendly link in your sales emails? Listen in to find out what it could really be doing to your response rate!

01 Aug 2023Revolutionizing SaaS Sales Training: A Success Journey #24200:51:04

Embarking on the journey of SaaS Sales Training can feel like navigating a labyrinth.

You know it's crucial for your business growth, but where do you even start?

The truth is, without proper SaaS sales training, scaling your software company becomes an uphill battle. It's what sets apart those SaaS businesses that succeed from those having difficulty making it.

Finding the right strategies and implementing them effectively... well, it’s no walk in the park.

Consider this: You've just onboarded a new sales rep who promises to skyrocket your revenues. But within weeks they're struggling with product demos and failing to close deals.

This leaves you frustrated and questioning whether investing in hiring was worth it at all. Sounds familiar?

But here’s some real talk...

Evolution from Sales Training to SaaS Company

In the dynamic world of business, transformation is often key to survival and growth. One such compelling story of metamorphosis comes from Vengreso, which has impressively transitioned from a sales training firm into an influential Software as a Service (SaaS) technology enterprise.

The role of FlyMSG in the transition

A pivotal player in this journey was our innovative product - FlyMSG. This tool served not just as a game-changer but also provided momentum for change within Vengreso's operational model.

FlyMSG revolutionized communication processes by enabling users to manage messages across various online platforms efficiently. It played an instrumental part in enhancing productivity levels and overall efficiency within organizations that adopted it.

Charging strategies for growth plan

Beyond products, pricing strategy can be equally transformative, especially when transitioning towards becoming a SaaS company like Vengreso. A well-structured charging system impacts revenue generation positively while ensuring customer retention rates remain high over time.

In response to these dynamics, we at Vengreso implemented strategic pricing tiers based on usage patterns, providing customers with flexible options suitable for different budget ranges. From small-scale enterprises seeking cost-effective solutions to larger corporations requiring comprehensive features - all were catered to effectively under this new structure leading toward sustained growth.

[bctt tweet="Vengreso's transformation from sales training firm to influential SaaS enterprise is a testament to business evolution. Their tool, FlyMSG revolutionized communication and their strategic pricing ensured growth. #SaaSSuccessStory" username="GoVengreso"]

Features of FlyMSG

In the ever-evolving world of SaaS sales, tools like FlyMSG are making a significant impact. This unique text expander and writing assistant goes beyond just storing and organizing messages into various categories or subfolders. It's all about deploying these saved messages anywhere online with ease.

How does it work?

FlyMSG operates on a principle that can be summed up in one word: simplicity. Users create custom shortcuts for their frequently used texts and phrases - everything from simple greetings to complex customer service responses.

The software offers an intuitive interface where users can sort stored messages into different categories based on personal preference or business needs. The result? Quick access when you need it most.

To deploy these stored messages across multiple platforms online, simply type the designated shortcut key combination assigned during setup phase . Instantly , full message replaces this shortcut saving precious time & reducing chances errors significantly - perfect way to boost SaaS sales results .

Deploying Messages with Ease

An integral feature of FlyMSG lies within its deployment capabilities . Having pre-written content ready for instant usage irrespective platform being operated upon greatly enhances efficiency & speed - two critical factors determining success outcome especially while dealing shorter SAAS sales cycle situations.

This seamless integration ensures consistency brand messaging as same set responses/communication pieces utilized throughout diverse platforms eliminating risk associated ad-hoc replies which may confuse customers dilute overall brand image.

Beyond merely serving handy productivity tool though embracing technology solutions like FlyMSG indicates forward-thinking approach towards modern workplace demands something resonates well among progressive businesses seeking competitive edge through smarter workflows.

Key Takeaway: With FlyMSG, you're not just storing and categorizing messages but deploying them with ease across platforms. It's a game-changer in SaaS sales training, offering custom shortcuts for frequently used texts, seamless integration across digital channels, and consistent brand messaging. Embrace this forward-thinking tool to boost your business efficiency.

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Customer Education Process in SaaS Businesses

In the competitive world of SaaS, customer education is a must for success; it helps customers make the most out of your product or service and ultimately leads to higher satisfaction and retention rates. It's not enough to simply provide excellent software solutions, businesses must ensure their customers can effectively use these services.

This necessitates teaching users how to take advantage of the full capability of your product or service, which in turn leads to enhanced user contentment and loyalty. It can be argued that this educational aspect is one of the most essential factors in promoting growth within SaaS businesses.

Importance of Customer Education Process

The digital age has brought with it countless innovative products and platforms - each vying for consumer attention. Amidst all this noise, standing out requires something special: delivering value beyond what's expected.

A well-executed customer education program does exactly that by empowering clients with knowledge about your product/service while reducing support costs associated with common user errors. The end result? Loyal customers who contribute significantly towards lifetime value, thereby propelling business success forward.

Case Study - Vengreso

Vengreso serves as an ideal example when discussing effective customer education strategies leading to substantial increases in adoption rates over short periods. We implemented self-paced onboarding processes allowing new users to learn at their own pace without feeling overwhelmed - resulting in a significant surge within a mere 30 days post-implementation.

  • Rapid User Acquisition Through Self-Paced Learning:

Note: While the above-mentioned practices have proven successful in many instances, they should serve merely as guidelines rather than absolute rules set in stone; every organization has unique needs depending upon factors like audience demographics/product complexity, etc. Always strive to create customized strategies best suited under specific circumstances you're dealing with.

Key Takeaway: Customer education isn't just a nice-to-have in the SaaS world, it's a must. Teaching users to maximize your product not only boosts satisfaction and retention but drives business growth. Just look at Vengreso; their self-paced onboarding skyrocketed adoption rates within 30 days. Remember though, there's no one-size-fits-all strategy -

LinkedIn Sales Navigator Success Story

The journey of our partnership with LinkedIn Sales Navigator is an exciting tale. Our collaboration with LinkedIn Sales Navigator, a testament to innovation and partnership, has yielded amazing results.

Collaboration details with LinkedIn Sales Navigator

Vengreso's alliance with one of the industry's most popular sales tools was born out of shared goals - streamlining sales processes and boosting productivity through cutting-edge technology. Our text expander tool, FlyMSG, became an integral part of their platform by providing users access to its unique features directly within their workflow.

This integration led to significant time savings as it allowed for swift storage, categorization, and deployment of messages across various online platforms. This not only reduced repetitive tasks but also improved overall communication efficiency - a win-win situation for all involved parties.

Rapid success factors

A combination of strategic planning coupled with effective execution played pivotal roles in achieving rapid success post-integration. We delved deep into understanding the user base before integrating FlyMSG into their system, which ensured tailored solutions meeting specific needs leading towards high adoption rates among end-users.

Beyond technological compatibility, another key factor contributing significantly towards this rapid growth phase was continuous customer support during implementation stages. By addressing queries or issues promptly, we were able to ensure smooth transitions while simultaneously building strong relationships based on trust and reliability.

Pondering upon these past events makes us realize that commitment towards innovation when combined with effective problem-solving strategies can indeed lead down the path of accelerated transformational growth.

[bctt tweet="Discover the power of collaboration. Vengreso's partnership with #LinkedIn Sales Navigator has revolutionized #sales processes and boosted #productivity. #Innovation #SalesTech" username="GoVengreso"]

Inside Our Learning Library - Comprehensive Prospecting Training Content

We've put together a rich trove of sales prospecting training content in our learning library. This resource is meticulously designed to cater to the needs of modern selling, offering more than 16 hours' worth of material.

Components Covered Under the Training Program

The curriculum spans an array of topics vital for successful sales prospecting. These include understanding and leveraging social triggers, mastering negotiation techniques, and honing effective communication strategies.

Besides these core areas, we also delve into advanced concepts such as building relationships in today's digital age and utilizing data analytics for strategic decision making. All this information is presented through interactive modules that promote active learning. Explore our course offerings here.

Benefits Gained from Comprehensive Course

This extensive training program offers numerous benefits to participants. First off, it arms them with practical skills necessary for efficient prospecting, which can lead to increased conversion rates.

In addition to skill development, learners gain access to an invaluable network of like-minded professionals who share their experiences and insights - a networking opportunity often leading beyond classroom interactions towards fruitful collaborations.

Last but not least, investing time in professional development through our courses demonstrates your commitment towards career growth - something highly beneficial during performance evaluations or job interviews. So why wait? Dive right into our programs now: FlyMSG Sales Pro for Teams.

[bctt tweet="Dive into our comprehensive #SalesProspecting training program. Master negotiation techniques, leverage social triggers, and build digital relationships. Boost your conversion rates and network with like-minded professionals. Invest in your career growth today. #SaaSSalesTraining" username="GoVengreso"]

Pre-seed Funding Round Insights

The pre-seed funding round is a pivotal phase in the life cycle of any startup. For Vengreso, it was an opportunity to secure initial capital that would drive innovation and growth.

Details regarding pre-seed fund campaign

Vengreso's goal for its pre-seed funding round was to raise $650k. This ambitious target wasn't just about securing funds; it served as inspiration for other small businesses, showing how even modest investments can spark significant changes.

Apart from fueling internal development, these funds were allocated towards marketing efforts designed to increase visibility within the SaaS industry. The strategy involved targeted campaigns on various platforms where potential investors could learn more about what makes Vengreso stand out in the crowded field of SaaS companies.

Future prospects post successful fund-raising

Hitting our fundraising goal opened up new possibilities for us here at Vengreso. With sufficient resources now at hand, plans were set into motion geared towards revenue generation and sustained growth - critical components when you rethink SAAS sales training strategies.

An essential part of this plan revolved around leveraging our proprietary product - FlyMSG - as a primary source of income through effective sales training programs offered by our learning library. They anticipated increased adoption rates which would translate into steady revenue streams over time, thereby boosting SAAS sales results significantly.

Beyond immediate financial gains, successful fundraising had another crucial implication - It validated Vengreso's business model before external stakeholders, thereby increasing investor confidence and setting the stage perfectly well for future rounds too. A noteworthy example being collaboration with LinkedIn Sales Navigator, which proved instrumental in accelerating company-wide success and evolution towards becoming a full-fledged SaaS enterprise.

Launch of Training Academy for Aspiring Entrepreneurs

We're delighted to introduce our unique training academy, a revolutionary opportunity for those wishing to start their own SaaS business. This initiative is perfectly aligned with our vision and mission, focusing on empowering aspiring entrepreneurs.

What's Offered Under Academy Curriculum?

The heart of this endeavor lies in its comprehensive curriculum. Crafted by industry veterans, it covers all aspects crucial for starting and successfully running a SaaS business. From market research techniques that help identify potential opportunities to financial management strategies essential for sustainable growth - we've got you covered.

Apart from theoretical knowledge transfer sessions, hands-on learning experiences are also incorporated through case studies based on real-world scenarios faced by startups in the tech industry. These practical insights provide an invaluable understanding of how to navigate common challenges encountered during early stages.

Potential Benefits Aspirants Can Look Forward To

Beyond acquiring extensive product knowledge about managing a successful SaaS enterprise, participants will find ample networking opportunities within their reach at our training academy. Engaging with like-minded individuals and experienced professionals opens doors towards collaborations that could potentially fuel future success stories.

Mentorship forms another key component here as well. Our seasoned experts provide ongoing guidance, ensuring students not only learn but effectively apply what they've learned when they venture out independently after completing SaaS sales training program. Continuous support goes hand-in-hand with continuous learning - something we strongly believe in fostering amongst budding entrepreneurs who may face unexpected hurdles along their journey.

This new venture aligns seamlessly with Vengreso's overall vision and mission: nurturing innovation among small businesses like ours. By equipping tomorrow's leaders today, we aim not just at individual triumphs but envision creating an ecosystem where every entrepreneur thrives, leading them towards boosting SaaS sales results significantly over time.

FAQs in Relation to SaaS Sales Training

What is the importance of SaaS training?

SaaS training equips sales reps with the necessary skills to sell subscription-based software products effectively, understand customer needs, and manage long-term client relationships.

What are the key SaaS sales skills?

Critical SaaS sales skills include understanding complex technical concepts, effective communication, relationship building, problem-solving abilities, and a consultative selling approach.

How can I improve my SaaS sales?

To boost your SaaS sales: enhance product knowledge, build strong customer relationships, leverage data analytics for decision-making, offer personalized solutions, and invest in continuous team training.

How much do SaaS sales reps make?

The average salary of a SaaS Sales Representative ranges from $50k to $150k annually depending on experience level and location. This doesn't include potential commissions or bonuses.

Conclusion

Embarking on the journey from a sales training firm to a SaaS company is no small feat. It requires strategic planning, innovative products like FlyMSG, and an unwavering commitment to growth.

SaaS Sales Training plays a pivotal role in this transformation process. With it comes unique features that revolutionize communication and productivity among teams.

Customer education becomes more than just an add-on; it's integral for business success. Case studies such as ours, here at Vengreso, underline its importance.

A collaboration with giants like LinkedIn Sales Navigator can fuel rapid growth and further solidify your position in the market.

The comprehensive prospecting training content offered by us covers everything from social triggers to negotiation techniques - all designed keeping modern selling needs in mind.

Raising funds successfully not only validates your vision but also opens up avenues for future innovation and sustained growth. The launch of our academy dedicated exclusively towards teaching aspiring entrepreneurs ways to start & run successful SAAS companies aligns perfectly well with our overall mission.

Our SaaS Sales Training, offers you an opportunity not just to learn about SaaS Sales Training but actually implement it effectively into your businesses saving valuable time thereby increasing productivity manifold.

06 Jun 2023Top Sales Strategies for Becoming a 1% Earner with Doug C. Brown, #23800:58:27

Top earners in sales use certain approaches to attain their success, and this Modern Selling Podcast episode will examine the top sales strategies needed to become a 1% earner. By adopting these proven techniques, you can elevate your own skills and propel your team to new heights.

We will explore various aspects such as developing a winning mindset, consistently prospecting for new opportunities, and engaging in meaningful conversations with potential clients. Additionally, we will discuss how leveraging referrals can lead to higher-value deals and greater customer satisfaction.

Furthermore, understanding the traits that set top-performing salespeople apart from their peers is crucial when hiring or nurturing talent within your organization. Lastly, we'll examine lessons gleaned from record-breaking achievements in sales to provide valuable insights on persistence and collaboration.

By incorporating these top sales strategies into your playbook, you're setting yourself up for success as you work towards exceeding your company's sales goals.

Becoming a Top 1% Earner in Sales

Want to join the elite club of top 1% earners in sales? Here's how:

Adopt a Winning Mindset As a Sales Strategy

Believe in yourself, set ambitious goals, and keep learning through sales coaching and training best practices, for a better sales mindset.

Consistently Prospect for New Opportunities

  • Use social media, industry events, email campaigns, cold calling, and referrals to find new prospects.
  • Track interactions with leads and schedule regular follow-ups.
  • Read our Definitive Prospecting Guide for sales management to grow pipeline.

Engage in Meaningful Conversations As a Sales Strategy

  1. Build trust by being genuine and empathetic.
  2. Practice active listening techniques.
  3. Avoid using confusing industry jargon.

By adhering to these tactics, you can maximize your potential for achieving maximum success in sales conversations. Remember, persistence and dedication are key.

[bctt tweet="Unlock your potential as a top earner in #sales with these winning #strategies. Adopt the right mindset, #prospect consistently, and engage meaningfully. #salesstrategies #productivitytips @M_3Jr" username="GoVengreso"]

The Power of Referrals For Top Sales Strategies

Want to close more deals? Focus on sales referrals from satisfied customers - they have higher close rates because they come from trusted sources who already see value in your product or service.

Dedicate Time to Engage with Existing Customers

Allocate time to nurture relationships with current clients through regular check-ins, providing valuable insights and resources, or simply showing appreciation for their business.

Ask for Warm Introductions As a Sales Strategy

Take the initiative and ask happy clients if they know anyone who might benefit from your products or services. Approach this conversation tactfully and emphasize that you're looking out for their contacts' best interests.

Pricing Referred Leads Higher

  • Better Qualification: Referred prospects often come pre-qualified since the person referring them has already identified a need within their network.
  • Faster Decision-Making Process: Since these prospects trust the person who referred them, they're more likely to make a decision quickly.
  • Higher Close Rates: Referrals have higher close rates due to the trust factor involved in the process.

Consider pricing your offerings slightly higher for referred leads to reflect their increased value and incentivize existing clients to provide even more high-quality referrals in the future.

[bctt tweet="Boost your #sales with these top strategies: prioritize #Salesreferrals, engage with existing #customers, and ask for warm introductions. #salesstrategy #productivitytips" username="GoVengreso"]

Traits of Top 1%-ers in Sales

Here are the traits you need: resilience, innovation, consistency, and adaptability.

Resilience: Bounce back from setbacks

Top salespeople don't let rejection get them down; they learn from it and use it as fuel for future success.

Innovation: Think outside the box

The top salespeople are constantly searching for novel solutions to challenges and striving to stay one step ahead of their rivals.

Check out this article on sales innovation techniques you can implement today.

Consistency: Stick to daily routines, prioritize, and keep learning

  • Daily routines: Establishing habits helps maintain focus on key tasks that drive results.
  • Prioritization: Knowing which activities will yield the highest return allows top-performers to allocate their time and energy more effectively.
  • Continuous learning: The best salespeople are always looking for ways to improve.

Adaptability: Embrace change

Top sales professionals understand that staying stagnant can lead to missed opportunities and decreased performance.

Learn more about adapting to change in sales.

Emulate the success of top 1%-ers in sales by incorporating these traits into your approach.

Hiring Top Performers As a Top Sales Strategy

As a sales leader looking to recruit top-tier talent, how can you best identify potential candidates? Listen to the episode to get the best sales hiring tips.

Identifying Potential Candidates through Networking Events & Industry Connections

Expand your search beyond traditional job boards and recruitment agencies by attending industry conferences, networking events, and engaging with professional communities on LinkedIn.

Creating Room within Organizational Structures for Mavericks' Personal Growth & Performance

  • Career development: Offer clear paths for growth based on achievements.
  • Mentorship programs: Encourage knowledge sharing and build strong relationships among team members.
  • Incentives: Design plans that reward exceptional performance.

Encouraging Innovation and Adaptability within the Sales Team

Provide ongoing training resources and create a sales culture that values innovation by encouraging team members to share new ideas, experiment with different effective selling techniques, and learn from both successes and failures.

Incorporate hiring strategies to draw in the best-of-the-best and ensure their commitment, leading to an elite sales team that can reach the peak of success.

[bctt tweet="Increase your #sales team's #productivity with these top strategies for #hiring and retaining high-performing sales #talent. #salesstrategies #modernselling" username="GoVengreso"]

Lessons from Record-Breaking Sales Achievements

Learn from those who have already achieved this level of success, like the salesperson who closed a $2.1 million software deal.

Persistence Pays Off for Top Sales Strategies

Don't give up when faced with challenges or setbacks - push forward until you reach your goal. Salesforce shares tips on developing persistence skills.

Collaboration is Key

Work closely with experienced mentors and colleagues to draw upon their collective knowledge and expertise. Inc Magazine suggests ways to build strong professional networks for meaningful collaborations.

Leverage Existing Connections

  • Create value: Offer valuable insights or resources to your connections before asking for referrals or introductions.
  • Maintain regular contact: Stay in touch with your network to build trust and stay top of mind.
  • Show appreciation: Always thank those who help you or provide referrals.

Nurture your connections and provide value to others in your network to uncover new opportunities. Forbes Coaches Council offers additional tips on leveraging your network for business growth.

By incorporating these lessons into your sales methodology, you can join the elite 1% earners club in no time.

[bctt tweet="Learn from top #sales achievers and incorporate persistence, collaboration, and leveraging connections into your #strategy to join the 1% earners club. #salesstrategies @M_3Jr" username="GoVengreso"]
 

FAQs in Relation to Top Sales Strategies

What are the 4 most common sales strategies?

The four most common sales strategies are: (1) Solution selling, which addresses a customer's specific needs and pain points; (2) Consultative selling, where the salesperson acts as an expert advisor to help customers make informed decisions; (3) Relationship selling, which prioritizes building long-term connections with clients for repeat business; and (4) Inbound selling, leveraging content marketing and SEO to attract potential buyers.

What is the most effective sales strategy?

The most effective sales strategy varies depending on industry, target audience, and product or service offering, but a consultative approach that combines solution-based and relationship-focused tactics often leads to higher conversion rates and increased customer satisfaction.

What are the 5 selling strategies?

The five key selling strategies are: (1) Solution Selling - focusing on solving customer problems; (2) Consultative Selling - acting as an expert advisor for clients; (3) Relationship Selling - nurturing long-term connections with customers; (4) Inbound Selling - attracting prospects through valuable content marketing efforts; and (5) Cold Calling - proactively reaching out to potential clients via phone or email.

What are the three most commonly used sales strategies?

The three most commonly used sales strategies are: Solution Selling - addressing client-specific needs; Consultative Selling - providing expertise in guiding customer decisions; and Relationship Selling - fostering long-term connections for repeat business.

Conclusion

Want to become a top earner in sales? Adopt a winning mindset, consistently prospect for new opportunities, and engage in meaningful conversations.

Don't underestimate the power of referrals - allocate time to engage with existing customers, ask satisfied clients for warm introductions, and price referred leads higher based on their perceived value.

Top performers are resilient under pressure, innovative when faced with obstacles, and consistent in their performance despite external factors.

Hiring top performers requires identifying potential candidates through networking events and industry connections, creating room for personal growth and performance, and encouraging innovation and adaptability within the sales team.

Learn from record-breaking sales achievements by persistently pursuing high-value deals and collaborating with experienced mentors or colleagues to leverage existing connections for new opportunities.

07 Nov 2023Cracking the Code to Business Growth: Embracing Community and Connection w/ Lloyed Lobo, #25200:45:36

Have you ever heard these common myths about building connections and creating a sense of purpose in sales? 

Myth #1: Networking is just about exchanging business cards. Myth #2: Purpose is a fluffy concept that doesn't impact bottom-line results. Myth #3: Building strong connections is only for extroverts. In this episode, our guest Lloyed Lobo will debunk these myths and share the truth about how these strategies can accelerate sales success.

Lloyed Lobo, the accidental entrepreneur turned Wall Street Journal bestselling author, has a unique journey that has always revolved around the power of community. Growing up in Kuwait to Indian parents who faced educational barriers, Lloyed experienced the importance of connection and unity firsthand. Spending summers in the slums of Mumbai, he witnessed how communal activities like pumping water and sharing meals brought people together. Later, during the Gulf War, Lloyed saw how a shared purpose could unite even in the face of adversity. These experiences shaped his belief that great leaders should cascade purpose, not just goals, and that when people are united by a common purpose, they can move mountains. Lloyed's entrepreneurial spirit was ignited by these experiences, as he learned that entrepreneurship is not just about making money, but about taking an idea and executing it with extreme risk and uncertainty. Building communities became Lloyed's DNA, and it played a vital role in the success of his company, where he realized the true power of connection and the impact it has on mental well-being. His journey is a testament to the transformative power of building connections and creating a sense of purpose.

When people are united by a common purpose, they can move mountains. - Lloyed Lobo

My special guest is Lloyed Lobo

Lloyed Lobo is a renowned author, known for his Wall Street Journal bestseller, "From Grassroots to Greatness." Alongside his writing achievements, Lloyed is also the co-founder of Boast.AI and Traction, showcasing his entrepreneurial expertise. With a unique background that includes being a refugee of the Gulf War, Lloyed brings a fresh perspective to the table. Growing up in a community-driven environment, he witnessed firsthand the power of unity and purpose in overcoming challenges. This experience has shaped his belief in the importance of cascading purpose as a leader and the ability of a strong community to achieve exceptional results. Lloyed's extensive knowledge in community-led growth makes him a sought-after guest for discussions on building connections and driving sales success. Prepare to gain valuable insights from his wealth of experience and expertise in this episode of The Modern Selling Podcast.

In this episode, you will be able to:

  • Accelerate sales growth by harnessing the power of community.

  • Empower sales leaders to effectively cascade purpose and drive sales success.

  • Create strong connections and a sense of purpose within your sales team for increased motivation and collaboration.

  • Tap into community-driven approaches to fuel business growth and sales results.

  • Discover the key to understanding and targeting your ideal customer profile (ICP) for sales success.

The key moments in this episode are:
00:00:08 - Introduction
00:02:26 - Background and Formative Experiences
00:06:48 - Entrepreneurship and Risk
00:08:36 - From Grassroots to Greatness
00:09:49 - The Power of Community
00:13:17 - The Four Stages of Idea Growth: Audience, Community, Movement, Religion
00:15:22 - The Importance of Human-to-Human Connection
00:16:50 - The Power of Community in Marketing
00:18:30 - Examples of Successful Community Building
00:20:08 - The Journey into Community Building
00:27:21 - Finding the Right Audience
00:28:14 - Understanding the Ideal Customer Profile (ICP)
00:29:30 - Platforms and Communities
00:30:55 - The Power of In-Person Connections
00:33:38 - Community Building Advice
00:40:46 - The Power of Positive Companionship
00:41:08 - The Influence of Founders
00:41:30 - The Importance of Communication
00:42:12 - The Fourth C: Consistency
00:43:54 - Underdog Stories and Entrepreneurship

Timestamped summary of this episode:


00:00:08 - Introduction
Mario Martinez Jr. introduces the podcast and the guest, Lloyd Lobo. They discuss the importance of energy and connection in building a community.
00:02:26 - Background and Formative Experiences
Lloyd Lobo shares his background, growing up in the slums of Mumbai and experiencing the Gulf War as a refugee. He discusses how these experiences taught him the power of community and purpose.
00:06:48 - Entrepreneurship and Risk
Lloyd Lobo explains how his experiences as a refugee during the Gulf War shaped his entrepreneurial spirit. He believes that entrepreneurship is about taking an idea to execution and impact while dealing with extreme risk and uncertainty.
00:08:36 - From Grassroots to Greatness
Lloyd Lobo discusses his book, "From Grassroots to Greatness: 13 Rules to Build Iconic Brands with Community-Led Growth." He explains how building a community can drive growth and shares his experience with leveraging community to grow his own company, Boast.AI.
00:09:49 - The Power of Community
Lloyd Lobo shares how building a community of entrepreneurs helped his company, Boast.AI, acquire customers and grow. He emphasizes the importance of community in understanding customer pain points and building relationships.
00:13:17 - The Four Stages of Idea Growth: Audience, Community, Movement, Religion
Lloyed Lobo explains that every enduring global phenomenon follows the same four stages: audience, community, movement, and religion. Building a community is essential to avoid becoming a commodity and instead become a cult-like brand or religion.
00:15:22 - The Importance of Human-to-Human Connection
Lloyed emphasizes that technology may evolve, but human-to-human connection remains consistent. The most iconic brands and businesses are built on these connections. He shares that he wrote a book on this topic, highlighting its significance.
00:16:50 - The Power of Community in Marketing
Lloyed discusses how marketing has changed, with consumers becoming fed up with spam and clickbait. Building a community is crucial for businesses to own their relationships with consumers and avoid relying solely on algorithms and platforms.
00:18:30 - Examples of Successful Community Building
Lloyed provides examples of companies like Atlassian and Harley-Davidson that have successfully built communities. These communities have not only saved struggling brands but have also become iconic and influential in their respective industries.
00:20:08 - The Journey into Community Building
Lloyed shares his personal journey into community building, starting with cold calling and sales. He realized the importance of communication and connecting with like-minded individuals at entrepreneurial events, which led to the formation of his own community.
00:27:21 - Finding the Right Audience
Lloyed emphasizes the importance of loving and understanding your target audience. He shares his experience of building a startup audience and highlights the criteria to consider, such as sustainability, niche size, propensity to pay, and ease of access.
00:28:14 - Understanding the Ideal Customer Profile (ICP)
Lloyed explains the process of understanding the ICP by immersing oneself in their world. By identifying their pains, goals, aspirations, and obstacles, entrepreneurs can develop products that address their needs. He also emphasizes the importance of knowing the ICP's circle of influence.
00:29:30 - Platforms and Communities
Lloyed emphasizes the significance of knowing where your target audience frequents, whether it's LinkedIn, blogs, or magazines. He suggests creating an online audience through consistent content creation and bringing them together through offline meetups or online community channels.
00:30:55 - The Power of In-Person Connections
Lloyed highlights the power of building connections through in-person interactions. He explains that combining multiple senses strengthens relationships and trust. While online communities are valuable, meeting in person can foster deeper connections.
00:33:38 - Community Building Advice
Lloyed advises individuals to consider their DNA of giving before building a community. He emphasizes that community building is a marathon and requires time, consistency, and a genuine desire to help others. He also suggests being deliberate about the type of community to build.
00:40:46 - The Power of Positive Companionship
Surrounding yourself with positive and uplifting people during difficult times can make those times feel less challenging. Companionship plays a crucial role in shaping our experiences, and having great companions can make any journey, even a difficult one, memorable.
00:41:08 - The Influence of Founders
Working closely with founders has given Lloyd the courage to start his own startup. The people we surround ourselves with have a significant impact on our mindset and aspirations. Your community is your currency.
00:41:30 - The Importance of Communication
Communication is key to aligning people and building an audience. Without effective communication, you have an empty room. Mario is praised for his high energy communication skills.
00:42:12 - The Fourth C: Consistency
Consistency is crucial for success. Whether it's in community building, creation, or communication, consistent actions lead to significant outcomes over time. Overnight success is the result of compound interest on consistency.
00:43:54 - Underdog Stories and Entrepreneurship
Lloyd enjoys underdog story movies because they teach valuable lessons about entrepreneurship. It's not about how hard you hit, but how hard you keep pushing forward. From grassroots to greatness, the journey of an underdog is inspiring.

Accelerate sales growth

Accelerating sales growth relies heavily on building a strong community around your business. Lloyed Lobo emphasizes that this community-building prevents a business from becoming just another commodity. When achieved effectively, it results in creating a solid foundation that helps to accelerate sales growth and drives the success of a business.

Empower sales leaders

Lloyed’s story inspires and empowers sales leaders to focus on creating a sense of purpose and genuine engagement with their audience. He goes on to highlight the importance of consistency and communication in attaining this purpose. Empowered sales leaders equipped with these insights have the potential to transform their business performance and achieve higher levels of success.

Create strong connections

Creating strong human-to-human connections and fostering a robust community is at the heart of Lloyed’s message in this episode. He emphasizes that businesses need to own relationships beyond algorithms and platforms, enforcing the importance of a two-way interaction. By doing so, businesses can build stronger, long-lasting connections which eventually lead to sustainable growth and success.

The resources mentioned in this episode are:

  • Check out FlyMSG.io, the free personal writing assistant and text expander application created by Vengreso, the company founded by Mario Martinez Jr.

  • Tune in to the Modern Selling podcast hosted by Mario Martinez Jr. to hear from sales leaders, practitioners, and influencers and learn how to grow your sales numbers at scale.

  • Get a copy of From Grassroots to Greatness, the Wall Street Journal bestseller written by Lloyed Lobo, co-founder of Boast.AI and Traction, to learn 13 rules for building iconic brands with community-led growth.

  • Explore Boast.AI, the company co-founded by Lloyed Lobo, which offers solutions for automating R&D tax claims and innovation funding.

  • Connect with Lloyed Lobo on social media to stay updated on his insights and experiences as an entrepreneur and community builder.

  • Join the Traction community, created by Boast.AI, to connect with other entrepreneurs and access resources and support for building and growing your business.

  • Reflect on the power of community and the impact it can have on your personal and professional life, as shared by Lloyed Lobo in the podcast episode.

 

08 Jun 2022Sell Without Selling Out with Andy Paul, #20800:40:06

Selling, especially in this post-pandemic space is just as much of a science as it is an art. There’s no surprise that some sellers rise to the top, while others find it increasingly difficult to prospect.

With so many sales tools, prospecting methodologies, and B2B sales strategies to navigate, knowing just what you should be doing to generate higher quality leads that convert to sales can be complicated.

But, mastering how to sell without being pushy or aggressive is exactly the area of expertise that my guest on this episode of the Modern Selling Podcast is known for.

Andy Paul is one of the Top 50 Global Sales Experts and award-winning author of Zero-Time Selling, Amp Up Your Sales, and his recent bestseller, Sell Without Selling Out. His popular and long-running sales podcast, Sales Enablement with Andy Paul, was acquired by Revenue.io in 2020 and continues to inspire thousands of sales professionals every week.

His client list is as long as it is impressive and includes some of the biggest businesses in the world including Square, Philips, and Grubhub – making Andy one of the leading voices in the sales industry today.

Download this entire conversation to get the inside scoop on what sales strategies are really working to get prospects to lean in with interest and actually stay engaged through the entire buying process.

What Are Most B2B Sellers Getting Wrong?

We jumped right into the conversation to identify where and how Andy believes sellers are missing the mark.

His insights were spot on with my own observations.

Andy explains, “The biggest thing that is flawed with so many sales professionals is their mindset. It’s this idea that their job is to persuade somebody to buy their product. When this becomes the sole focus, then we lose the human element of truly understanding the needs, wants, and desires of the prospect.”

That’s why I always say, “Sales is the art of helping.” 

It’s our goal as sales professionals to first seek to understand our prospects, so we can determine the right solution for their needs. Otherwise, as Andy asserts, we’re more focused on closing the deal rather than truly helping the customer.

It’s that subtle shift in a seller’s mindset that can make the world of a difference. That means sellers can go from blindly selling, to getting prospects to lean in and want to know more about the solution they have to offer.

If you’ve been struggling on how to make this transition – from selling to helping – listen to this episode and be sure to pay particular attention to the strategies Andy recommends using to make this mindset shift.

In B2B Sales, What Does It Mean to Sell Out?

 

In Andy’s book, he introduces this idea of “selling out” in sales. I was curious to know what he meant by that and, more importantly, how modern sellers can identify if they’re selling out in the prospecting process.

He provides some invaluable advice, “Selling out starts when you put your interest (as the seller) ahead of the buyer. We often call this ‘commission breath’ because it becomes very clear to the buyer that you’re only there to sell them your product. In this space, their needs become secondary. So many sellers automatically jump straight to their pitch, rather than asking questions to understand what the buyer really needs.”

In my 20+ years of experience in sales, I find that this ‘commission breath’ Andy talks about often comes from how sales professionals are trained.

Here at Vengreso, we follow the PVC Methodology for prospecting and as part of this multi-step process, we teach our sales reps to always lead with thought-provoking questions to get the prospect talking about their needs and goals.

With this structure, our sales reps can quickly identify if and specifically how they can bring value to the prospect. Then the entire sales conversation is shaped around helping them achieve their goals, not just pitching our product.

Join the conversation and hear other ways that Andy differentiates “selling out” from “selling in” and what sales leaders should be doing today to train their teams to build curiosity from the first outreach message.

What’s The Right Way to Engage a Prospect During a Sales Call?

 

When it comes to the ‘how’ of sales calls, there seem to be dozens of methods out there.

Based on Andy’s extensive research, I wanted to know what he finds works to draw the B2B buyer into the conversation. His answer was something I hadn’t heard of before.

Andy explains that there are four human attributes that we all evolutionarily seek. They are:

  • Connection – feeling bonded to someone based on similar interests or desires.
  • Curiosity – seeking something that piques our interest or helps to solve a problem.
  • Understanding – knowing that our needs and wants are being listened to.
  • Generosity – being aware that someone is willing to help us get to the desired outcome.

The goal, according to Andy, is to align these human attributes with how we approach and conduct the sales call. If done right, this will help to build positive sales experiences that make B2B buyers want to buy.

These four attributes were spot on with the types of prospecting questions we teach sales reps to ask in our PVC methodology. In our discussion, Andy outlines six types of questions B2B sellers must ask now if they want to truly engage their buyers and get prospects to lower their guard and lean into the sales conversation.

Make sure to download the full episode and get a pen and paper ready because the sales gems that Andy drops are worth writing down (and implementing) immediately!

28 Jun 2022The Real Role of a CRO in B2B Sales with Ed Porter, #21000:49:53

The emerging role of the Chief Revenue Officer (CRO) has become one of the most talked-about topics in B2B sales this year. But, when it comes to truly knowing how to position and leverage a CRO to help a sales organization scale, this is where many modern sales companies are struggling.

The key to the success of a CRO comes from not just the path they took in their career but from their ability to align teams across all departments and tap into technology to enable progress and productivity at all levels.

What CROs should be doing and how companies can strategically use this role to scale is the topic of discussion in this episode of the Modern Selling Podcast. My guest, arguably one of the best CRO experts and consultants in the industry, shares his incredible insights to prove that when done ‘right’ a CRO can be the winning advantage to take your sales organization to the next level.

Ed Porter is the Chief Revenue Officer of Blue Chip CRO. His stellar 20+ year career has led him to manage teams of varying sizes from 5 to 1,000+ people with responsibilities for sales, customer experience, revenue operations, and marketing functions. Ed has worked for service, software, and distribution companies learning the foundations of delivering a powerful customer experience while driving value and effectiveness in the sales and development channels. He has participated in, facilitated, and chaired several executive groups centered on sales management, contact center management, and technology innovation. As a keynote speaker and guest speaker focused on several key sales strategies and customer management programs, Ed has been recognized as a two-time Top 25 Most Influential Sales Leader, Executive of the Year, Excellence in Execution, Top 100 Sales Coaches to Watch, and a two-time Chapter of the Year award winner for AA-ISP.

Currently, Ed is a fractional chief revenue officer providing coaching and strategic planning services for executives and startups, helping them rethink and refocus revenue strategies to accelerate growth. He helps clients align their revenue teams — marketing, sales, enablement, and customer success — to build accountability at every step of their organization, leading to accelerated and sustainable growth.

Download the full conversation to get clear on what and how a CRO should be contributing to the growth of your sales organization.

What is the Real Role of a Chief Revenue Officer?

We often hear CRO thrown around, but few have truly defined what the role is and, more importantly, what they should be responsible for.

I wanted to get Ed’s perspective on what he believes makes a CRO role work and if every B2B sales company needs one, in order to thrive in this post-pandemic environment.

His insights are spot on, “The CRO must own everything revenue. Not just one part, but all parts. Because in order to really be the one that owns all parts of revenue, you need to own the full buyer lifecycle. Which means owning marketing, owning sales, and owning everything post-sales too like customer success.”

There has always been a growing divide (I’ve seen) between sales, marketing, and customer success. So, it was interesting to hear that Ed believes they must all live under the same C-Suite role in order to drive the customer forward.

In my 20+ year career in B2B and B2C sales, I’ve found that even for CROs that may not have robust marketing or sales or customer success background, they’re still able to build amazing synergy within their organizations as long as they know how to leverage the right training, technology, and systems to bring their teams together.

And, technology and training are a large part of what Ed shares in the first half of our conversation.

Listen in to hear what he suggests every CRO do to ensure that their teams are successful.

How Do You Actually Align Sales, Marketing, and Customer Success Teams Together?

At Vengreso, we intentionally build in alignment between the teams. We have regular huddles and syncs for the departments to share what’s working respectively, so we can establish a cohesive collaborative approach.

Based on Ed’s experience working as a fractional CRO, I wanted to hear his insights on what works to align teams for a CRO to be successful and what skills he believes a CRO must have that they can’t necessarily be taught.

Ed explains, “Traditionally, CROs have sales experience and come from that world. But, that often means they’re light on understanding marketing and customer success. And, that’s ok. I would argue that the path someone takes to become a CRO is irrelevant. It has less to do with their area(s) of expertise and everything to do with the person. You don't have to have run sales, marketing, or customer success departments to be a highly effective CRO. But, you DO have to be a great leader.”

I found this point to be quite interesting. Here at Vengreso, we often cross-train our sales teams to be involved in not just one department, but in several. We’ve found that this enables our sales reps to approach the sales process very differently. They’re able to think about the impact that marketing has on sales, or that sales have on customer success.

This is such a powerful alignment (when done right), that would enable any sales organization to work as a seamless machine, rather than a bunch of separated silos.

Join the conversation and get even more insight on how Ed recommends sales, marketing, and customer success teams work together.

How Does Technology Empower the CRO? 

This is always an area of interest, especially for sales leaders. As I always say, “a fool with a tool, is still a fool.”

I’ve found that all too often, B2B sales organizations implement a host of different pieces of technology across each functional area. So, what the sales and marketing teams may be using may not be integrated. And, the customer success teams could be using something entirely different.

It’s this disconnect between teams (further exacerbated by the technology stack they’re using), which makes it hard for anyone to truly talk to one another and gain key insights.

That’s why with our FlyMSG text expander plugin, we’ve seen users achieve tremendous growth and synergy. Now, they’re able to have a way to send consistent messaging across departments and be in better alignment to attract prospects and convert them into customers.

FlyMSG is just one tool Ed and I discuss in this conversation that can catapult sales teams to a new level. Listen in to the entire episode to see what other technology and tools we see working to bring teams together.

14 Mar 2023Unleashing the Power of AI for Sales with Oleg Bilozor #23100:43:22
10 Jan 2023Be In the Know: Investing in Vengreso’s FlyMSG with Mario Martinez Jr., #22500:43:12

Efficiency and productivity have become major buzzwords in the business world. From sales teams who are looking to increase the number of outreach messages they can send, to customer service departments seeking to streamline communications, to online pharmacies wanting to quickly address customer FAQs – every industry needs tools to be more productive.

Coupled with over 52% of the standard workweek being spent doing repetitive tasks, that distract knowledge workers from strategic work – over $16 billion in productivity is lost every week.

That’s why our FlyMSG text expander is on pace to completely revolutionize how teams communicate, how customers are engaged, and how productivity is finally achieved in B2C and B2B businesses.

In this episode of the Modern Selling Podcast, we dive into the problem that FlyMSG solves, what the market potential looks like, and how eager investors can get access to an incredible investment opportunity.

Download the entire episode to hear the ins and outs of how FlyMSG works and what industries are already lining up to use this productivity tool to save time.

What is FlyMSG?

FlyMSG is a personal writing assistant and text expander platform that helps today's modern knowledge worker replace the copy and paste. 

When we started on this journey over two years ago, we had no idea that FlyMSG would evolve into the powerhouse tool that it is today. As you may know, Vengreso, was started as an online sales company, pro

But, after working with thousands of sellers, we found that many sellers had sets of scripts that were stored all over the place. Some scripts might be in a Google document, others might be in Notepad, and others might even be stored in a draft email. With all of these different scripts in different places, we saw sellers sinking tons of time just trying to track things down.

So we launched FlyMSG to take all those prospecting messages, customer engagement messages, LinkedIn messages – you name it and put them in one cloud-based solution that they could tap into in seconds.

Fast forward to today, FlyMSG is far more than a sales productivity tool. It has evolved into a business productivity tool – across nearly every industry!

Our now 2,000+ users span sales, customer service, marketing, human resources, education, pharmaceutical, real estate, and even the tech industry!

We have Google developers who leverage FlyMSG to call up repetitive code, online customer service teams that use FlyMSG to quickly respond to customer questions, HR Managers who incorporate FlyMSG to send out onboarding emails to new staff members. The number of use cases for FlyMSG has expanded exponentially – and is showing no signs of slowing down.

Tune into the full episode to hear why FlyMSG is positioned to take a large share of this $42 billion productivity management software market and how you can be a part of this exciting new venture.

What is the growth trajectory of FlyMSG?

FlyMSG is positioned to penetrate the Productivity Management Software market, which to date stands at $42 billion but is estimated to balloon to $122 billion in the next six years, at an impressive 14.5% compounded annual growth rate.

Since the pandemic, the demand on productivity tools has exploded and has become a growing need for every knowledge worker on the planet.

According to our research, the average knowledge worker is spending at least 25 hours a week doing manual repetitive tasks between email and data entry. This topic of how to increase productivity has become a hot topic across all business verticals and industries. Which is why FlyMSG has the potential to attract millions of users, very quickly.

Plus, unlike other productivity tools, FlyMSG has 200+ built-in templates that users can immediately use when they download the plugin. From 60 different HR scripts to 40 different sales scripts – you name it, we’re building it out in FlyMSG to make the need for copy and paste to become nonexistent.

Join the conversation and hear the exciting stats of the industry and FlyMSG’s growth plan for early stage investors.

What is FlyMSG’s competitive advantage?

We’ve studied what our initial FlyMSG users are looking for and how they’re using it to build in a host of unique features including the ability to:

  • Categorize content – you can seamlessly sort, label, and categorize your stored FlyMSG Fly Plates, making it easier for you to recall and share key messages and information.

  • Use FlyMSG everywhere online – FlyMSG is not limited to one platform or one website. Instead, you can use FlyMSG – no matter what online platform you use and can easily pull in messages in email, social media, websites, etc.

  • Educational support – unlike other tools, FlyMSG also comes with a robust library of sales and prospecting training that teaches users how to make their messages more effective for their various audiences.

Plus, from the investor’s perspective, FlyMSG is the only productivity tool that offers $10+ monthly plans, which puts our Average Revenue Per Unit (ARPU) 3-5x higher than our competitors.

By leveraging Vengreso’s previous success as a Sales Training company, we have a solid marketing and influencer foundation to get traction quickly and to tap into a prospective customer audience of more than 5,000,000 that we already have access to. Because of our existing thought leadership position in the market, we can get more traffic to our website just through social posts than other businesses can using Pay Per Click ads.

Listen in to the full episode to hear the impressive bios of our leadership team and get an inside scoop into who is on our Board of Advisors.

What’s the investment opportunity with FlyMSG?

We forecast FlyMSG will have 2 million active users in the next five years and will be valued at $65 million.

We’re confident we can hit these user numbers because we have a global team of developers who are actively working to scale FlyMSG and bring in highly unique integrations with AI copywriting, Behavior Analysis, CRM integrations, and much more!

For this round, early stage investors can get in with an investment as low as $100. However, if you invest $5,000 or more you’ll receive lifetime access to FlyMSG as well as a host of other benefits.

This is an amazing opportunity – and I don't just say this as the Co-Founder. We have been contacted by several large tech giants who are closely watching the growth of FlyMSG and would be interested in an acquisition in the near future.

And, for all angel investors – regardless of the investment, we’re offering a 20% discount on all future rounds and a $7 million cap – whichever is greater.

If you’re an interested investor, you can learn more about this FlyMSG investment round on our WeFunder page or feel free to email me directly at mario@vengreso.com!

03 Oct 2023Unleashing the Power of the Omnichannel Prospecting Strategy00:51:10

Does this sound familiar? You've been told to send countless generic emails, hoping that one will catch the attention of your prospects. But instead, you're left feeling frustrated and defeated as your inbox remains empty and your sales winrates plummet. It's time to break free from ineffective actions and address the pain of wasted time and missed opportunities. Discover the power of an omnichannel approach tailored to individual prospect preferences and unlock the key to enhanced prospecting and increased sales deals.

You Will Learn in this Episode:

  • Build lasting relationships and close more sales by learning the importance of human connection in sales.
  • Maximize your prospecting efforts and reach your target audience effectively with an omnichannel approach tailored to individual preferences.
  • Discover the power of phone calls in prospecting and unlock a less cluttered channel for reaching and engaging potential customers.
  • Increase your sales by understanding the unique pain points and challenges of different buyer personas within an organization and tailoring your value propositions accordingly.
  • Save time and motivate your sales teams with good data by investing in high-quality prospecting data and using it effectively in your outbound efforts.

About our guest:

David Kreiger, founder of SalesRoads, has been in the sales game for nearly 17 years. He started his company with a vision to create a distributed workforce and build a remote inside sales team. With a belief that the core of selling lies in connecting with people, David aimed to recruit the best salespeople regardless of where they lived. Over the years, SalesRoads has worked with a wide range of companies, from seed stage startups to established organizations, helping them accelerate their sales and generate more top-of-the-funnel appointments. David's experience has taught him that while an omnichannel approach to prospecting is important, the phone remains the most powerful tool for connecting with prospects on a human level and truly understanding their pain points.

In a cluttered digital landscape, the personal touch of a phone call can break through the noise and lead to meaningful conversations. By developing a solid strategy, understanding buyer personas, and crafting tailored messaging, sales professionals can enhance their prospecting efforts and drive more sales. So, if you're looking to improve your prospecting game, take a page from David's book and start dialing.

Being able to connect one on one with individuals, understand their pain, and engage in a dialogue with them is essential for successful sales. There is no replacement for the phone or a meeting to truly understand what a prospect needs. - David Kreiger

The key moments in this episode are:

00:00:08 - Introduction,

00:01:33 - About SalesRoads

00:04:23 - Impressive Case Studies

00:05:46 - Fun Fact

00:06:27 - The Power of Phone Calls

00:15:23 - Understanding Persona-Based Messaging

00:16:41 - The Importance of Preparation and Practice

00:18:36 - The Role of Data in Sales Prospecting

00:21:44 - Creative Lead Generation Strategies

00:23:16 - Prospecting for Small Businesses

00:30:57 - The Importance of Personalization in Sales Outreach

00:32:24 - Customization vs Personalization Based on Team Size

00:34:10 - The PVC Sales Methodology

00:37:13 - The Importance of Patience in Sales Outreach

00:44:12 - The Power of Building Relationships

00:45:52 - The Challenges of Virtual Communication

00:46:21 - The Hardest Job in Sales

00:46:55 - Emerging Trends in Sales Development

00:49:26 - Best Way to Connect with the Guest

Timestamped summary of this episode:

00:00:08 - Introduction,
Mario Martinez Jr. introduces himself and the podcast, highlighting that each episode focuses on helping sales professionals grow their sales numbers. He introduces his guest, David Kreiger, and mentions that they will be discussing appointment setting strategies using phone calls over email.

00:01:33 - About SalesRoads,
David Kreiger shares that he is the president of SalesRoads, a company that specializes in SDR outsourcing and appointment setting. He explains that SalesRoads was founded with the goal of creating a distributed inside sales team that can recruit the best salespeople regardless of location.

00:04:23 - Impressive Case Studies,
David highlights some of the impressive case studies of companies SalesRoads has worked with, ranging from seed stage startups to established companies like Paylocity and Samsung. He emphasizes their focus on generating top-of-the-funnel appointments to drive sales.

00:05:46 - Fun Fact,
David shares a fun fact about himself, revealing that he was almost killed by a yo-yo when he was younger. He explains that he was into yo-yoing and accidentally hit a glass lamp, narrowly avoiding injury.

00:06:27 - The Power of Phone Calls,
Mario and David discuss the challenges of sales prospecting and the importance of booking the first meeting. David explains why he believes phone calls remain a powerful tool in today's digital age, emphasizing the human connection and the ability to understand prospects' pain points. He also mentions that phone calls can be less cluttered

00:15:23 - Understanding Persona-Based Messaging,
Developing a value proposition based on the unique challenges and pains of each persona is essential for effective sales. Tailoring your messaging to address the specific needs of each individual will lead to better engagement and success in selling.

00:16:41 - The Importance of Preparation and Practice,
While you don't want to sound scripted, being prepared and knowing what you want to say is crucial. Practice and develop your messaging to ensure you can articulate it effectively to different personas.

00:18:36 - The Role of Data in Sales Prospecting,
Good data hygiene is vital for successful sales prospecting. Utilizing tools like Apollo, Lucia, Seamless, and ZoomInfo can provide data, but it's important to verify its accuracy and engage in manual data mining to ensure the information is up to date.

00:21:44 - Creative Lead Generation Strategies,
Sometimes existing lists don't meet your specific criteria. In these cases, creative strategies like web scraping can be employed to find the right leads. Additionally, combining multiple data providers and waterfalling leads can help improve accuracy and increase the chances of success.

00:23:16 - Prospecting for Small Businesses,
Outbound prospecting can be done by small businesses, but it requires a strategic approach and investment in good data, a sales acceleration platform, and the necessary time and resources. Doing it right is more important than rushing into it and wasting time and money.

00:30:57 - The Importance of Personalization in Sales Outreach,
David Kreiger highlights the importance of personalization in sales outreach. He advises that while it may be more effective to send personalized messages to a smaller number of high-value prospects, for larger teams targeting a larger number of leads, it is more efficient to personalize the approach rather than customizing every single message. He emphasizes the need for brief and focused messaging that addresses the specific challenges and interests of the prospect.

00:32:24 - Customization vs Personalization Based on Team Size,
David explains that the approach to customization and personalization should depend on the size of the team and the number of leads they are targeting. For smaller teams and high-value accounts, customization and deep research are recommended. However, for SDRs with a larger set of leads, being personal and personalized without customizing every message is more effective. The focus should be on asking relevant questions and providing value in a concise manner.

00:34:10 - The PVC Sales Methodology,
Mario Martinez Jr. introduces the PVC sales methodology, which stands for personalization, value, and a call to action. He provides examples of how personalization can be done on an individual level, such as referencing a prospect's shared interest in a message. He also suggests a persona-based approach for sales automation, where a concise message addresses the common challenges faced by the target audience and offers value-added content.

00:37:13 - The Importance of Patience in Sales Outreach,
Both David and Mario emphasize the need for patience in

00:44:12 - The Power of Building Relationships,
The guest shares a story about how building a strong relationship with an executive assistant helped him gain access to the CIO's office. He emphasizes the importance of finding and connecting with key gatekeepers to increase sales opportunities.

00:45:52 - The Challenges of Virtual Communication,
The guest discusses the challenges of virtual communication and the lack of personal interaction in today's business environment. He acknowledges the difficulty of reaching decision-makers without the assistance of receptionists and highlights the role of platforms like LinkedIn in connecting with prospects.

00:46:21 - The Hardest Job in Sales,
The guest believes that the hardest job in sales is prospecting. He emphasizes the importance of understanding the CXO's perspective and the roles of various stakeholders. He suggests that prospecting will become easier as the sales environment evolves.

00:46:55 - Emerging Trends in Sales Development,
The guest mentions two emerging trends in sales development: the experimentation with full cycle Account Executive Sales (AES) and the integration of AI in sales processes. He advises caution in relying solely on AI and encourages leveraging it while curating and refining its use.

00:49:26 - Best Way to Connect with the Guest,
The guest shares that the best way to connect with him is through LinkedIn, where he is very active and responsive. He also mentions his company's website as another means of reaching out.

Build Lasting Relationships and Close More Sales

The podcast episode highlights the importance of forging strong relationships to achieve sales success. David Kreiger shares his experiences of gaining access to decision-makers by developing good rapport with key individuals such as executive assistants and receptionists. This rapport builds trust and paves the way for a deeper connection with potential clients, reducing the sales cycle time and increasing conversion rates.

Maximize Prospecting Efforts with an Omnichannel Approach

An omnichannel approach to prospecting is discussed throughout this podcast, emphasizing the need to tailor communication channels to each prospect's preferences for optimal results. The shift towards virtual phone systems and digital communication platforms like LinkedIn has created new opportunities for initial contact. Balancing these tools with traditional phone calls, according to David and Mario, can significantly maximize outreach and engagement efforts.

The resources mentioned in this episode are:

  • Visit Vengreso.com to learn more about their personal writing assistant and text expander application, FlyMSG.io
  • Take notes during the podcast episode to gather valuable insights and strategies for growing your sales numbers at scale.
  • Check out SalesRoads, the company founded by David Kreiger, to explore their expertise in appointment setting and sales prospecting.
  • Read the case studies on SalesRoads' website to see impressive results in terms of booking more meetings and growing the sales pipeline for various companies.
  • Consider incorporating phone calls as a powerful tool for cold prospecting, as suggested by David Kreiger. Recognize the importance of human connection and understanding prospects' pain points through engaging conversations.
  • Embrace an omnichannel approach to prospecting, combining phone calls, emails, LinkedIn messages, and other channels to reach prospects in the most effective way for them.
  • Implement effective phone call strategies, such as using scripts, practicing active listening, and adapting to each prospect's communication style.
  • Utilize sales automation tools like SalesLoft and Outreach to enhance your prospecting efforts, but avoid relying solely on automated emails and LinkedIn messages. Remember the value of personal connection through phone calls.
30 Jan 2024Lessons on Building a Strong Team Culture00:51:25
 

Does it sound familiar to struggle with building a strong team culture within your sales team? You may have been told to simply focus on individual sales performance without considering the impact of team dynamics. This approach often leads to a lack of collaboration, communication breakdowns, and a decrease in overall sales success, leaving you feeling frustrated and unable to achieve your desired results.

Do you want to create a team environment where collaboration and productivity thrive? Manoj Ramnani will reveal the key to establishing a cohesive and high-performing team culture. Discover the solution to fostering an atmosphere of unity and success within your sales team. Unlock the secret to cultivating a strong and effective team culture.

Our gues today is Manoj Ramnani. His journey to building a successful company without taking any VC money is a testament to his resilience and determination. From the early stages of his career, Manoj recognized the value of fostering a strong team culture. It was during his first foray into entrepreneurship that he truly grasped the impact of a positive and driven team environment. Through the ups and downs of founding multiple companies, Manoj honed his ability to bring people together, instilling a sense of ownership and accountability within his teams. His approach to team culture goes beyond the conventional, as he seeks individuals who not only understand their failures but also learn and grow from them. Manoj's story is one of unwavering commitment to building a company where every team member is invested in the collective success, and his insights are invaluable for sales leaders navigating the complexities of team dynamics and culture.

Building business is a team sport. If I was a pianist, I'd do it all by myself, much less coordination. It's just me, right? If I had to put 15 hours to play piano and be perfect at it, probably would be easier. But when you have to have a bunch of folks coming together, and you need A players that are independent thinkers, that take ownership, they have their own thoughts and opinions to get them all coming together, that's the hardest part of building any business. - Manjoj Ramnani

Manjoj Ramnani, the CEO and founder of Sales Intel, has a proven track record of successfully establishing and growing businesses, with Sales Intel marking his fourth venture. Headquartered in the Washington, DC metro area, Sales Intel has achieved notable success without relying on venture capital funding. Specializing in providing data and intelligence solutions for go-to-market teams, Manjoj is committed to enabling businesses to build strong pipelines, increase win rates, and expand their account sizes. With a team of around 150 professionals, he is known for fostering a collaborative and innovative team culture. Beyond his professional pursuits, Manjoj's passion for flying and being a recreational pilot adds a unique dimension to his persona, reflecting his multifaceted expertise and interests.

In this episode, you will be able to:

  • Build a strong team culture to foster collaboration and success within your sales team.

  • Understand the importance of product market fit to drive your sales strategy and maximize customer satisfaction.

  • Overcome the challenges of selling a product in its early stages to establish a foothold in the market.

  • Manage customer expectations for product development to ensure a positive and trusting relationship.

  • Implement effective sales strategies and communication techniques to enhance your sales performance and customer engagement.

The key moments in this episode are:
00:00:08 - Introduction to Flymessage IO and Sales Intel

00:01:30 - An Insight into Manoj Ramnani

00:05:40 - Discovering Manoj's Hidden Passion

00:09:32 - The Importance of Team Culture and Building Sales Intel

00:13:20 - Setting Cultural Values and Pillars

00:15:06 - Progress and Market Learning

00:16:13 - Cultural Pillars and Accountability

00:18:00 - Hiring Executive Leaders

00:22:05 - Long-Term View and Employee Retention

00:27:55 - Learning from Failure

00:30:06 - Key Factors for Sales in Services vs. Product Companies

00:31:29 - Impacting Product as a Sales Leader

00:32:36 - Challenges of Selling an Unproven Product

00:36:14 - Progress Over Perfection in Product Development

00:42:48 - Building Trust Through Transparent Sales

00:45:17 - The Importance of Not Selling Futures

00:46:02 - Managing Expectations on Product Development

00:47:34 - Negotiating Future Product Development

00:48:59 - Connecting with Manoj Ramnani

00:49:41 - Manoj's Favorite Movie

Timestamped summary of this episode:
00:00:08 - Introduction to FlyMSG.io and SalesIntel
Mario Martinez Jr. introduces the podcast and guest Manoj Ramnani, CEO and founder of Sales Intel. They discuss the creation of FlyMSG and the role of Sales Intel in providing data and intelligence for go-to-market teams.

00:01:30 - An Insight into Manoj Ramnani
Manoj Ramnani shares his background as a fourth-time founder and CEO of Sales Intel. He also reveals a little-known fact about being a recreational pilot, showing a different side to his professional life.

00:05:40 - Discovering Manoj's Hidden Passion
Manoj Ramnani unveils his passion for flying and owning his own plane, expressing his plans to fly across the country to meet customers and partners. This personal insight adds depth to his professional persona.

00:09:32 - The Importance of Team Culture and Building Sales Intel
Mario and Manoj delve into the challenges and successes of building Sales Intel without venture capital funding. They highlight the significance of team culture, emphasizing the need for the right people with the right attitude, focus, and drive.

00:13:20 - Setting Cultural Values and Pillars
Manoj discusses the cultural pillars of Sales Intel, emphasizing the importance of customer-centricity and progress over perfection. He shares insights from his previous experiences and the evolution of cultural values within the company.

00:15:06 - Progress and Market Learning
Manoj emphasizes the importance of making progress, getting the product to market, learning from the market, and iterating to keep making progress.

00:16:13 - Cultural Pillars and Accountability
Manoj discusses the importance of cultural values, accountability, and the idea of being in it together as a team.

00:18:00 - Hiring Executive Leaders
Mario raises the challenge of hiring executive leaders who may not have the same ownership mindset as a founder. Manoj highlights the importance of looking for capability, cultural fit, stability, and long-term thinking in potential executive hires.

00:22:05 - Long-Term View and Employee Retention
Manoj shares the concept of longer-term thinking and how it applies to employee retention and success within the company. He emphasizes the importance of giving employees enough time to see things through and the benefits of long-term commitment.

00:27:55 - Learning from Failure
Manoj candidly discusses his own experience with failure and the importance of taking ownership of mistakes. He emphasizes the value of learning from failure and the impact it can have on personal and professional growth.

00:30:06 - Key Factors for Sales in Services vs. Product Companies
Manjoj discusses the key differences in sales strategies for services and product companies, emphasizing the importance of product market fit, pipeline generation, and company culture.

00:31:29 - Impacting Product as a Sales Leader
Manjoj explains the role of sales leaders in partnering with product and technology leaders to ensure successful product execution, especially in early-stage companies with unproven products.

00:32:36 - Challenges of Selling an Unproven Product
Mario shares the challenges faced by sales reps selling an unproven product, emphasizing the importance of managing customer expectations, downplaying product issues, and maintaining resilience in the face of challenges.

00:36:14 - Progress Over Perfection in Product Development
Manjoj highlights the value of prioritizing progress over perfection in product development, sharing his experience with setting realistic expectations and focusing on strengths to achieve traction in a competitive market.

00:42:48 - Building Trust Through Transparent Sales
Mario discusses the importance of transparency in sales, advising sales leaders to disclose potential product issues to build trust with buyers and manage customer expectations effectively.

00:45:17 - The Importance of Not Selling Futures
Mike Reevy's leadership style is highlighted, emphasizing the importance of not selling future products or features. This approach makes life easier for the organization and conditions sellers to refrain from promising future deliverables.

00:46:02 - Managing Expectations on Product Development
Manoj explains the importance of managing expectations when it comes to product development timelines. He stresses the need to communicate awareness of requested features, but not promise specific delivery timelines.

00:47:34 - Negotiating Future Product Development
The conversation touches on negotiating future product development with clients. Manoj shares an example of how they negotiated a quarter million dollar payment for a specific request, highlighting the complexities of product development in a mature organization.

00:48:59 - Connecting with Manoj Ramnani
Listeners are encouraged to connect with Manoj on LinkedIn and are reminded to send a personalized connection request mentioning the podcast. Manoj's LinkedIn profile and last name spelling are provided for reference.

00:49:41 - Manoj's Favorite Movie
Manoj shares that "The Godfather" is his all-time favorite movie, providing a personal touch to the conversation. This light-hearted moment adds a personal touch to the end of the episode.

Cultivating a strong team culture
Manoj highlights the importance of creating a robust team culture in driving the success of an organization. This involves fostering an environment of transparency and open communication. Having the right people with suitable attitudes and focus, and investing in their growth, is key to achieving this.

Understanding product market fit
Product market fit is critical in determining the growth trajectory of a business, as emphasized by Manoj. A well-differentiated product that meets the needs of its target market is crucial for long-term success. Furthermore, it is vital to continuously evaluate and innovate your product to stay ahead in the competitive business environment.

Overcoming early-stage challenges
Overcoming early-stage challenges is part and parcel of any startup journey, something Manoj explains vividly. Learning from mistakes and setbacks and adopting a long-term view can significantly help in getting past these hurdles. Setting realistic expectations, focusing on progress over perfection and patience is key to navigating these initial roadblocks.

The resources mentioned in this episode are:

  • Connect with Manjoj Ramnani, CEO of Salesintel, on LinkedIn by sending a personalized connection request mentioning that you heard him on the modern selling podcast.

  • Download FlyMSG.io for free to save 20 hours or more in a month and increase your productivity. FlyMSG is a free personal writing assistant and text expander application.

  • Give the modern selling podcast a five-star rating and review on iTunes to show your support.

  • If you're looking for a sales intelligence solution, consider connecting with Salesintel to explore their data and intelligence SaaS solution for go-to-market teams.

  • Watch Manjoj Ramnani's video on YouTube titled Success is Not a Straight Line to gain insights into the lessons he learned from his previous company's failure and success.

06 Feb 2024From Lead to Loyalist: Effective Sales Email Communication, with Jason Kramer #25900:57:45
 

Attention Sales Professionals: Want to skyrocket your email response rates and engagement with prospects? Get ready for a game-changing solution that will revolutionize your sales email communication and drive incredible results. Stay tuned to discover how you can achieve this and transform your sales game.

Uncover the shocking truth about the common mistakes in email communication that could be costing you valuable leads. Learn how to transform your approach and skyrocket your response rates. Stay tuned to uncover the unexpected secrets that will revolutionize your sales game.

This is Jason Kramer's story:

Jason Kramer's journey into mastering effective sales email communication stems from his early passion for communication, which he elevated to graphic design and verbal communication. With a robust background in marketing, communication, and advertising, he ventured into the realm of web development and marketing, where he gained invaluable experience in handling leads and managing the sales process.

Jason's unique approach involves layering communication and advertising on top of data, particularly CRM, to drive enhanced results for companies. His focus on helping companies navigate the challenges of lead management and data segmentation has led to remarkable improvements in response rates and prospect engagement. Emphasizing the importance of a defined process and the right tools to manage it effectively, Jason's insights resonate with sales professionals seeking to elevate their email communication skills.

Through personalized and customized strategies, Jason has effectively adapted to the evolving dynamics of sales communication, making him a trusted advisor for sales professionals looking to optimize their email outreach and engagement.

It's all about the impression of the brand and the way that the brand exists in the marketplace. - Jason Kramer

This week's special podcast guest is Jason Kramer

Jason Kramer, the founder of Cultivize, brings a wealth of experience in marketing, communication, and advertising to the table. His expertise lies in leveraging data within CRM to help businesses effectively manage their lead nurturing process. With a focus on establishing meaningful connections with prospects, Jason's insights are invaluable for sales professionals looking to build stronger relationships with buyers. Through his practical approach and emphasis on defined processes, Jason provides actionable strategies that resonate with sales leaders and professionals.

In this episode, you will be able to:

  • Master the art of lead nurturing and relationship building to supercharge your sales success.

  • Unlock the secrets of optimizing sales engagement and outreach for unparalleled results.

  • Learn the keys to effective sales email communication to skyrocket your response rates.

  • Refine your sales process to achieve greater efficiency and effectiveness.

  • Uncover powerful lead generation strategies to fuel your sales pipeline.

 

The key moments in this episode are:
00:00:08 - Introduction to FlyMSG.io

00:01:10 - Building Stronger Relationships with Buyers

00:03:22 - Unique Insight into Jason Kramer

00:05:21 - Lead Nurturing Process

00:09:08 - Establishing Meaningful Connections

00:13:42 - Automation and Engagement Strategies

00:14:52 - Approaches for Sales Qualified Leads

00:16:27 - Cold Outreach Strategy

00:18:38 - Extended Sales Engagement Campaign

00:26:45 - Personal Rapport and Quality Over Quantity

00:27:45 - Protecting the Integrity of Salespeople

00:28:34 - Analyzing the Initial Email

00:34:30 - Ineffective Follow-Up

00:36:45 - Inappropriate Humor in Email

00:40:29 - Lack of Value in Subsequent Emails

00:41:08 - The Pitfalls of Email Outreach and Sales Sequences

00:42:39 - Uncovering Sales Intelligence Tools and Email Scraping

00:46:19 - The Need for Process and Oversight in Sales Outreach

00:48:41 - Accountability and Process in Sales Management

00:53:42 - Key Steps for Improving Sales Outreach

00:55:14 - About afterthelead.com

00:55:37 - All-time favorite movie

00:56:10 - The timeless appeal of "The Big Lebowski"

00:56:22 - Gratitude and podcast wrap-up

Timestamped summary of this episode:
00:00:08 - Introduction to FlyMSG
Mario Martinez, Jr introduces the podcast and the guest, Jason Kramer, the founder of Cultivize. They discuss lead nurturing and the importance of managing leads that come into the sales pipeline.

00:01:10 - Building Stronger Relationships with Buyers
Jason Kramer shares his background in marketing and advertising and emphasizes the need for a defined process when handling inbound leads. He highlights the importance of nurturing and educating leads to make informed decisions.

00:03:22 - Unique Insight into Jason Kramer
Jason Kramer reveals a surprising fact about himself and his wife - matching skull candy tattoos of Mickey and Minnie Mouse. Mario Martinez Jr. reacts with surprise, creating a lighthearted moment in the conversation.

00:05:21 - Lead Nurturing Process
Jason explains the importance of having a CRM and using it effectively in the lead nurturing process. He emphasizes the need for a well-maintained database and establishing a cadence for touching base with prospects during the sales process.

00:09:08 - Establishing Meaningful Connections
Jason outlines strategies for establishing connections with prospects, including personalized emails, LinkedIn engagement, and occasional text messaging. He highlights the importance of tailoring communication to fit the prospect's pain points and preferences.

00:13:42 - Automation and Engagement Strategies
Jason discusses the common "spray and pray" approach to engagement and the use of plain text messages. He emphasizes the importance of leveraging data to nurture leads and tailoring the approach based on the prospect's engagement level.

00:14:52 - Approaches for Sales Qualified Leads
The conversation explores the distinction between handraisers and sales qualified leads, with Jason highlighting the need for different approaches. He emphasizes the importance of providing value and authenticity in the initial outreach, tailored to the prospect's specific pain points.

00:16:27 - Cold Outreach Strategy
Jason delves into the intricacies of cold outreach, stressing the importance of targeting the right audience and titles within organizations. He discusses the effectiveness of short, personalized emails with minimal links, coupled with tracking and monitoring engagement signals.

00:18:38 - Extended Sales Engagement Campaign
The conversation shifts to the concept of elongating the sales engagement campaign over four months, challenging the traditional 30-day outreach model. Jason shares insights on continuous tweaking and monitoring, with a focus on high-quality leads and personalized rapport-building.

00:26:45 - Personal Rapport and Quality Over Quantity
Jason explains the personalized approach to building rapport through multiple touchpoints, including LinkedIn, text messages, and phone calls. He emphasizes the importance of weeding out unqualified prospects and prioritizing quality over quantity in the engagement process.

00:27:45 - Protecting the Integrity of Salespeople
Mario and Jason discuss the importance of protecting the integrity of salespeople by blurring out company names and individual names in email examples. They also discuss the potential impact on sellers' reputation.

00:28:34 - Analyzing the Initial Email
Mario and Jason review an initial email from "Bob" and critique its use of jargon, lack of clarity on results, and the sender's identity. They emphasize the need for personalized and value-driven communication.

00:34:30 - Ineffective Follow-Up
The conversation shifts to "Bob's" follow-up emails, highlighting their lack of value and the use of generic phrases. Mario and Jason discuss the negative impact of overly frequent and unhelpful follow-ups on the recipient.

00:36:45 - Inappropriate Humor in Email
Mario and Jason critique "Bob's" attempt at humor in an email, deeming it inappropriate and off-putting. They emphasize the importance of maintaining professionalism and relevance in communication with potential clients.

00:40:29 - Lack of Value in Subsequent Emails
Mario and Jason analyze "Bob's" repeated attempts to confirm email receipt without providing value or addressing the recipient's needs. They stress the importance of delivering meaningful content and value in every communication.

00:41:08 - The Pitfalls of Email Outreach and Sales Sequences
Mario and Jason discuss the challenges of poorly crafted email outreach and sales sequences. They highlight the importance of understanding buyer behavior and the negative impact of spammy and ineffective messaging.

00:42:39 - Uncovering Sales Intelligence Tools and Email Scraping
Mario reveals how he sets up an alias email to identify when sales intelligence tools scrape his information. Jason emphasizes the importance of understanding the technology being used and the implications of email scraping for sales outreach.

00:46:19 - The Need for Process and Oversight in Sales Outreach
Jason underscores the lack of oversight in sales outreach and the need for a refined process. They discuss the importance of aligning sales and marketing efforts to ensure qualified leads and a consistent brand presence in the market.

00:48:41 - Accountability and Process in Sales Management
Jason emphasizes the need for accountability in managing sales teams and the importance of refining processes for effective outreach. They highlight the significance of communication between sales and marketing teams to drive qualified leads.

00:53:42 - Key Steps for Improving Sales Outreach
Jason outlines three key steps for improving sales outreach, including evaluating technology usage, centralizing data, and establishing a collaborative agreement. They stress the importance of working together to achieve business growth and informed decision-making.

00:55:14 - About afterthelead.com
Jason mentions afterthelead.com as a resource for great information, contact details, and giveaways. He also shares the correct spelling of his name for those looking for more information.

00:55:37 - All-time favorite movie
Jason shares his all-time favorite movie, "The Big Lebowski," highlighting its well-written and entertaining factors. He even recently enjoyed watching it with his 14-year-old son.

00:56:10 - The timeless appeal of "The Big Lebowski"
Jason emphasizes the enduring value and entertainment of "The Big Lebowski," mentioning that he found it just as good watching it for the 30th time as he did the first time.

00:56:22 - Gratitude and podcast wrap-up
Mario expresses gratitude to Jason for being on the show. He also urges listeners to leave a five-star rating and review for the podcast on iTunes and promotes the download of fly message for increased productivity.

Mastering Email Communication
Highly effective email communication isn't simply about crafting an email and hitting send. It requires understanding the recipient’s pain points, being concise and clear with the message, and personalizing content to capture the recipient's attention. With an average email receiving only about 15–20 seconds of a reader's attention, keeping your message short and to the point, along with the strategic inclusion of case studies or examples, ensures your email gets the attention it deserves.

Optimizing Sales Outreach
Effective sales outreach starts with an in-depth understanding of the target audience and tailoring the messaging accordingly. This requires sales professionals to steer clear of generic mass emails and focus more on personalized, value-driven communication. Utilizing the correct tools, deploying the right strategies, and regular monitoring of engagement can significantly optimize outreach efforts, helping sales teams connect more meaningfully with prospects and increase the likelihood of closing deals.

Establishing Meaningful Connections
Developing strong relationships is a crucial aspect of a successful sales strategy. By understanding the length of the sales cycle, identifying a suitable touchpoint cadence, and using effective communication tools, businesses can build substantial connections with prospective clients. An appropriately planned and well-implemented strategy can lead to more engagement, improved trust, and ultimately a higher conversion rate.

The resources mentioned in this episode are:

  • Connect with Jason Kramer on LinkedIn and send him a personalized message to start a conversation.

  • Visit afterthelead.com to access valuable information, contact details, and free giveaways and playbooks related to lead nurturing and sales enablement.

  • Download FlyMSG and sign up for free to save 20 hours or more in a month and increase your productivity. FlyMSG is a free text expander and personal writing assistant that can help you streamline your writing and communication tasks.

05 Jul 2023Maximizing Success with Digital Sales Referrals: A Guide with Mario M. Martinez Jr., #24000:25:15

Maximizing Success with Digital Sales Referrals: A Guide with Mario M. Martinez Jr., #240

As the world of sales continues to evolve, Digital Sales Referrals have emerged as a powerful tool for driving business growth. This shift from traditional methods towards more modern approaches has revolutionized how we engage with potential customers and generate leads.

In this comprehensive guide, you will gain insights into the transition from traditional to modern selling techniques and understand the impact COVID-19 has had on sales strategies. We delve into the concept of digital referrals, emphasizing their importance in making warm introductions.

We'll also explore how platforms like LinkedIn can be used effectively for networking and expanding your reach through personal connections. You’ll learn about securing successful digital referrals by establishing rapport before asking favors and tactfully expressing intent during communication exchanges.

Finally, we'll provide tips on leveraging shared connections using LinkedIn's Sales Navigator tool and crafting strategic follow-up messages that resonate with your target audience. With these insights at hand, you're well-equipped to maximize the benefits of Digital Sales Referrals in your business strategy.

The Evolution of Sales Techniques

Sales techniques have come a long way in the digital age. Traditional methods are out, and modern strategies are in. It's a whole new ballgame.

Transition from Traditional to Modern Selling Methods

Gone are the days of face-to-face sales and cold calling. Gone are the days of face-to-face sales and cold calling, now replaced by a digital world where technology is king - from social media networking to email marketing, content creation, and SEO; connecting with customers online has become paramount. Say hello to social media networking, email marketing, content creation, and SEO. It's all about connecting with customers online.

Impact of COVID on Sales Strategies

COVID-19 turned the sales world upside down. With physical meetings and travel on hold, businesses had to adapt fast. Video calls and emails became the new norm. It's a virtual sales revolution.

Research shows that video conferencing skyrocketed during lockdowns. We had to find new ways to connect. Sales pros had to level up their digital game to keep up with the times.

Harnessing the Power of Digital Referrals

In the digital era, sales techniques have had to adapt. Enter digital referrals. These online recommendations can help you secure new clients and expand your business network.

Understanding Digital Referrals

Digital referrals are word-of-mouth recommendations made online. They come from satisfied customers, professional contacts, or even friends who believe in your product or service enough to recommend it to others. These endorsements carry weight because they're based on personal experiences and relationships.

The process usually involves an existing customer sending a referral link or code to someone else. This person then uses the link when making a purchase or signing up, linking the referral back to its source.

Importance of Warm Introductions

A warm introduction is more effective than cold outreach methods like unsolicited emails or calls. A recommendation from someone trusted by both parties helps build immediate credibility. Salesforce suggests warm introductions can increase success rates by 80%.

In today's interconnected world, leveraging our existing connections for growth opportunities has never been easier, thanks to social media platforms like LinkedIn.

Tips For an Effective Digital Referral Strategy:

  • Create Value: Your products/services should provide value so people feel confident recommending them.
  • Nurture Relationships: Maintain good relationships with customers/clients; they're more likely to refer if they've had positive experiences.
  • Simplify Process: Make it easy for people to share about you via links/codes.
  • Reward System: An incentive system encourages more people to participate in referring others to your offerings.

These strategies, combined with diligent follow-up actions, can greatly enhance the effectiveness of any digital referral program, leading to increased conversions and overall growth for businesses.

Building Personal Connections Online

In today's digital age, building personal connections online is as important as in-person networking. The internet has revolutionized the way we communicate and interact with others, providing us with unprecedented access to potential clients or partners worldwide.

Using LinkedIn as Your Digital Rolodex

LinkedIn, a professional networking platform, serves as an excellent tool for maintaining your business contacts - essentially serving as your digital Rolodex. With over 700 million users globally, LinkedIn is a great way to make contacts in multiple industries and locations.

To make meaningful connections on LinkedIn:

  • Create a killer profile that shows off your skills and expertise.
  • Engage regularly by sharing awesome content and joining discussions in industry groups.
  • Send personalized connection requests explaining why you want to connect.

Expanding Network Reach through Personal Connections

Beyond just adding people on LinkedIn, it's crucial to nurture these relationships. Engage with their posts or reach out directly via messages or emails. You never know when one of these connections might lead to a valuable referral.

A study by LinkedIn Sales Solutions revealed that salespeople who excel at social selling are creating more opportunities - they're 51% more likely to hit quota than those who lag behind. This shows how powerful personal connections can be when used in sales strategies.

Tips for expanding network reach:

  1. Nurture existing relationships: Engage with your current network; comment on their updates or share useful resources related to their field of work.
  2. Leverage mutual connections: If you want to connect with someone specific but don't have any direct contact, see if there are any common acquaintances who could introduce you.

The key here is authenticity. Genuine interactions will build trust and increase chances of receiving referrals because people prefer doing business with individuals they know and trust.
Remember, successful online networking isn't about collecting contacts - it's about planting relations.

Key Takeaway: Building personal connections online is essential in today's digital age, and LinkedIn serves as a valuable tool for maintaining business contacts. By creating a killer profile, engaging regularly, and nurturing relationships with existing connections, professionals can expand their network reach and increase the likelihood of receiving valuable referrals.

Steps Towards Securing A Successful Digital Referral

In this digital age, achieving a referral necessitates more than simply requesting one. You gotta build trust, establish rapport, and express your intent tactfully. Here's how:

Establishing Rapport Before Asking For Favors

First, butter 'em up. Construct a rapport predicated on reciprocal esteem and comprehension. Engage with their content, join discussions, or slide into their DMs on LinkedIn. People help those they like, so make 'em like you.

Expressing Intent Tactfully In Communication Exchanges

Now, time to ask for that referral. Be polite, not pushy. Show appreciation, be clear about what you want, and offer something in return. It's all about respect and making your request crystal clear.

  • Show appreciation: Thank them and acknowledge their previous help.
  • Craft your request carefully: Be specific but not complicated.
  • Foster reciprocity: Give back or provide useful info in return.

This approach shows respect and makes it clear what you're asking for. Win-win.

Tips For Effective Communication On LinkedIn

LinkedIn is the place to be for professionals worldwide. To maximize the effectiveness of your LinkedIn presence, craft personalized connection requests. Here are some tips:

  1. Personalize connection requests: Don't be generic, make it personal.
  2. Engage meaningfully: Comment and message with purpose.
  3. Keep it professional yet friendly: Be cool, but not too cool.

Check out this article titled "5 Templates That'll Make Writing the Perfect LinkedIn Message Easier" for more help.

Remember, it's not just about one referral. It's about nurturing relationships for the long term. Keep 'em beneficial for both parties.

Utilizing LinkedIn Sales Navigator For Effective Networking

The digital age has transformed the way we do business, and LinkedIn Sales Navigator is at the forefront of this revolution. This powerful tool allows you to tap into your existing network, expand your reach, and secure more referrals than ever before.

Leveraging Shared Connections On LinkedIn Sales Navigator

Referral programs are essential in today's competitive landscape. With LinkedIn Sales Navigator, you can identify mutual contacts between yourself and potential customers. This feature provides a unique opportunity for warm introductions that make referral marketing programs essential.

A referred customer often comes with an inherent level of trust, shortening sales cycles. By leveraging shared connections, you're not only reaching out to new prospects but also strengthening relationships with your existing customers who are making those introductions.

Crafting Strategic Follow-Up Messages

In addition to identifying shared connections, it’s crucial to craft strategic follow-up messages as part of your referral process. Personalize your messages based on what you know about each prospect from their profile or any prior interactions.

  • Email Marketing Campaigns: Consider integrating email marketing campaigns into your strategy. Provide personalized recommendations tailored specifically for each customer. Remember: people spontaneously sharing information about products they love is one thing; being prompted by well-crafted emails encourages customers even further.
  • Social Media: Don't underestimate the power of social media. Encourage loyal customers to share their positive experiences with your product/service on review sites like Yelp or Google Reviews. Remember, consumers trust online reviews.
  • Customer Service: Ensure that every interaction potential clients have with your company leaves a positive impression. This includes having a well-trained customer service team providing excellent customer service.

To maximize success using LinkedIn Sales Navigator (or any other networking platform), always offer incentives when asking for referrals from existing contacts. Motivate them towards action with discounts on future purchases or exclusive access to new products/services. And don’t forget, provide exceptional customer service throughout every stage of engagement to foster long-term loyalty among both current and prospective clientele alike.

Key Takeaway: LinkedIn Sales Navigator is a valuable tool for networking and securing referrals in the digital age. By leveraging shared connections, crafting strategic follow-up messages, and offering incentives to existing contacts, knowledge workers can maximize their success in generating sales leads.

FAQs in Relation to Digital Sales Referrals

Why use referrals in digital marketing?

Referrals are a powerful tool in digital marketing because they leverage the trust and credibility established between individuals, leading to higher conversion rates. Learn more about the power of referral marketing.

What are the statistics about referrals in sales?

Sales statistics show that referred customers have a 16% higher lifetime value and are four times more likely to refer others. Check out these referral marketing statistics.

What is a digital referral?

A digital referral is an online recommendation from one person to another, often facilitated through social media platforms or email. Learn more about Digital Referrals.

What is the referral rate for digital marketing?

The average referral rate for businesses using online programs ranges from 2% - 5%. Read this article on Digital Marketing Referral Rates.

Conclusion

Understanding the evolution of sales techniques and harnessing the power of digital referrals are essential for success in today's business landscape.

Build personal connections online through platforms like LinkedIn and secure successful digital referrals to tap into a vast network of potential clients and partners.

Utilize tools such as LinkedIn Sales Navigator to enhance networking efforts by leveraging shared connections and crafting effective follow-up messages.

Embrace digital sales referrals to expand your reach and generate more opportunities in the modern marketplace.

28 Dec 2021Modern Selling Tips for 2022 with Dan Tyre, #19500:43:19

The global pandemic that has stretched into its third year has seen not just a boom in digital sales but has ushered with it a change in how modern sellers can attract and engage with modern buyers.

Traditional “spray and pray” methods that once worked, no longer have the same success rate, which has forced sales leaders to employ a new set of selling techniques.

What exactly will work in 2022 for prospecting and building sales pipeline is the main topic of discussion I had with sales genius, Dan Tyre, in this episode of the Modern Selling Podcast.

Dan Tyre, Director at HubSpot is one of the leading inbound marketing and sales experts on the planet. As a member of the original team in May of 2007, Dan has led the recruiting, training, and growth of HubSpot's sales team with vigor. Before HubSpot, Dan worked at four other startups of note: Businessland, as Area Director; ALI Technologies, as Founder & CEO; CelebraTech, as Co-Founder and VP of Sales; and Groove Networks, as Regional Manager.

At HubSpot, Dan has pioneered the concept of alignment between sales and marketing known as "Smarketing," a core tenet of inbound marketing now followed by thousands of companies around the world. He's been instrumental in the creation and growth of several sales teams that are now thriving hives of activity at HubSpot. Dan continues to inspire and teach HubSpotters as a sales trainer, as a creator of the HubSpot Leadership program, as a blogger on the HubSpot blog.

Dan’s infectious high energy, especially when he talks about ‘marketing’ is why I am so excited to welcome him as a guest on the Modern Selling Podcast.

Download the full episode and get a taste of Dan’s genius as he discusses the top sales strategies to use in 2022 to crush prospecting and better convert leads into loyal customers.

How has Sales changed since 2020?

I’ve seen a rapid evolution, here at Vengreso, with more and more companies seeking out our digital sales training courses such as Modern Sales Mastery for Teams. However, I wanted to hear Dan’s insights and better understand the shifts he’s seen happening and what he anticipates to come next in the world of sales.

Dan shares, “I’ve read that over 1M sales jobs will disappear in the next 18 months. With the Great Resignation, the way that companies do business will have to change. Sales are no exception to this either. So, it’s a must now than ever before to know how to be a better salesperson in 2022.”

With my own sales teams, I’ve placed a heavy emphasis on making our sales calls, even if they are through Zoom, as interactive and engaging as possible. Modern buyers are much more sophisticated and skeptical than before, so finding ways to connect digitally with leads is critical to the success of the modern seller.

Dan agrees, “Today we have to contend with the empowered buyer. This is someone who has done their research before they ever talk to a salesperson. They're going to know more about the basics of what they're looking to buy than they've ever had before and salespeople have to be ready to field in-depth questions.”

Listen in to the conversation to hear what free sales resources Dan suggests that sales leaders have their teams complete to be successful in 2022.

How to Win with Inbound Sales

When it comes to finding data-driven ways to improve the sales process, Dan is the leading expert on what works and what will work well into the future.

So, I asked him to share his expertise and insights on how sales teams can master the inbound sales process.

Dan’s unique six characteristics of a winning sales process is something we all should study and look to implement as soon as possible:

  1. Treat people like human beings. According to Dan, the emphasis has to be on connecting with your prospect, instead of looking to pitch them to buy. Build rapport, to establish trust first and foremost.
  2. Look to help, not sell. As I always say, selling is the art of helping – and Dan agrees. As sales professionals, we have to look to provide a solution as opposed to selling a product or service.
  3. Focus beats bandwidth. Traditionally, sales teams would take a ‘spray and pray’ approach – going after volume in leads, instead of the quality of leads. Dan suggests honing in on one particular buyer persona and mastering selling to them first.
  4. Solve a problem. As with #2, when sales teams can offer solutions to their customers’ problems, then they’ll get much farther in their sales outreach attempts.
  5. Customer experience is the only sustainable advantage. Dan explains that the average company has 47 competitors in the marketplace. So chances are very good that someone offers the exact same service or product that you do. The difference for leads often comes down to the customer experience. 
  6. Manage sales data. This is where the role of Revenue Operations is so important. To learn more about this and AI-driven sales enablement, check out my podcast with Howard Brown.

Dan provides a host of other tips and strategies you won’t want to miss. Tune into the full episode to hear his sales advice and what you should be doing now to stand out in your sales conversations.

Strategies for Prospecting in 2022

While we were on the discussion of what’s likely to work in the future, I wanted Dan to share his perspective on prospecting.

I know at Vengreso, over the past four years when we surveyed sales professionals, prospecting has continually been ranked as the hardest part of the sales cycle. In fact, out of 1,295 sales reps polled in November 2021, 69% of them said that prospecting was the most time-consuming step.

So, I was curious to hear Dan’s advice based on his 40+ years of sales experience. The guidance he shared is very similar to what I teach our new sales reps in their onboarding training.

Dan suggests that when prospecting, especially during cold calling to:

  1. Always stand up and smile – this helps you bring high energy and engagement to the call.
  2. Thank the prospect for answering the phone – how often are we thanked for picking up the phone? Dan says that this alone is a game-changer for sales reps.
  3. Introduce yourself and pause to hear their response – prospecting is your first chance to have a conversation with the hopes of building a relationship with your lead. There’s no better way to do this than to give your prospect plenty of opportunities to speak (without you launching into a full-blown sales pitch).

Be sure to download this episode of the Modern Selling Podcast to learn more about the Sales Flywheel and why it can be a key differentiator for your sales teams in 2022.

31 Jan 2023Hyper Growth Enablement with Jerry Brooner, #22800:45:25

What’s the formula for building a hyper growth organization? This has been a hot topic for debate in many business circles. Because the key to tapping into accelerated growth often starts with understanding your audience, your market, and where you can enable your teams to exploit competitive advantages.

All of this is easier said than done, but when done right, building in the key pieces you need to unlock hypergrowth can empower your sales teams to close more deals and transform passive buyers into lifelong superfans.

In this episode of The Modern Selling Podcast we explore the concept of hypergrowth enablement, what it is, how leaders can effectively spark it within their organizations, and what specific strategies are needed to build a hypergrowth focused company.

Our guest for this episode, Jerry Brooner, is the leading thought leader in this space and has worked with top technology companies to help them tap into incredible, exponential growth – while also serving their customers well.

Jerry Brooner is the President of Global Field Operations at Enable, a collaborative rebate management platform that helps manufacturers, distributors, and retailers take control of their rebate programs and turn them into an engine for growth. He has over two decades of experience as a high-growth global enterprise SaaS technology executive. Previously, he was the former Chief Revenue Officer at Scout RFP, and has built high growth teams at Dropbox, SAP, Callidus, and Siebel Systems.

Download the full episode to hear firsthand what Jerry believes is the winning formula to spur hypergrowth for any organization.

Why is hyper growth enablement important?

Enablement is a word that is often thrown around, especially in sales circles. I wanted to hear Jerry’s take on what the real power in enablement is and why he sees it as the core of being able to create hyper growth.

His insights are eye-opening, “ I think enablement is very underutilized and often overlooked, especially at startups. Companies are spending tens of millions of dollars to recruit top talent, but once they’re hired they get very little support to be successful. This model is flawed. Enablement is about getting your people excited about their work and equipped with the right tools, resources, and support to be successful on day one – if not before.”

And, it’s this concept of what you do before a new hire starts that sheds new light on the onboarding process for me.

Jerry follows a simple, yet highly effective onboarding process that goes as follows:

  • Education – he provides his new hires with key information about the company, the industry, competitors – any and everything they may need to get up to speed on who they’re working for and what they’ll be doing.

  • Expectations – even before someone starts, Jerry shares their 30 day calendar with them that outlines all trainings, meetings, and requirements. This is a great tool because it helps new hires coming in the door understand the expectations they will need to meet and enables them to align their personal life to meet their business goals as well.

  • Empowerment – Every new hire has a “shadowing” plan that shows them upfront where and when their hands-on learning opportunities will be. This positions people from the beginning to get excited about learning and aware of where they can go for more support – without trying to figure it all out on their own.

This is such an effective strategy – Education, Expectations, and Empowerment – because here at Vengreso we employ a similar model and find that it accelerates onboarding and our reps and SDRs that do this are much more successful – faster.

How does diverse hiring drive enablement?

We hear it all the time – increase diversity in hiring to produce a more innovative organization. I was curious to get Jerry’s perspective on the role that diverse hiring has for enablement and establishing a hyper growth company.

He shares, “Diversity in hiring is super important. But, the key is not just racial, ethnic, or gender diversity. You want to also have diversity in where and what industries you hire from. We recruit people from a much wider industry background than most companies do – by design. For example, if we know we’re going after a lot of manufacturing customers, we’ll go out and hire people who have worked in manufacturing because they understand the industry.”

This is such a novel approach to diverse hiring. Jerry makes a powerful point! If you want to better serve or prospect a particular customer or industry, it would make total sense to recruit sales people who may have worked in those industries because they will know that industry, inside and out.

Listen into the full conversation to hear what other unique ways Jerry recommends hiring so that your team will be primed for hyper growth.

What key metrics and KPIs should you track for hyper growth?

In sales, metrics are everything. My motto is: If you’re not tracking it, then you can’t improve it. Jerry agrees and outlines some key metrics he monitors within his organization to ensure that they’re exponentially growing.

“The most important part about metrics is that they need to apply to everyone in the organization. Your KPIs need to also make sense for each position or role within your company – all the way up to the VP level as well. Because the power of metrics is it helps you to keep the pulse on what’s working, what’s not and where exactly you need to focus your attention to see improvements.”

One thing that Jerry highlighted that I found to be profound was the lack of VP or Director level interactions with customers. He finds (and my experience also validates this) that when more levels of your sales team get involved with a prospect, you’re more likely to close the deal.

I mean imagine what it would mean to a prospect to have the company CEO personally reach out to answer their questions. It seems like a simple task – but so many companies don’t do it.

In our conversation, Jerry also goes through the six high value activities he focuses on to spark rapid growth.

Be sure to listen to the full episode to hear these gems and hear why Jerry says it takes 98 of these high value activities to close a single deal.

This episode of the Modern Selling Podcast is brought to you by Korn Ferry. Korn Ferry transforms sales teams using their world-class Miller Heiman, methodology, employee assessments, benchmarking and talent advisor capabilities to increase win rates and quota attainment. Korn Ferry offers Korn Ferry Sell, a sales effectiveness app available in App Exchange and app source that helps your sales team develop and replicate powerful sales strategies that help sellers win more deals and crush their quotas.  Learn more at kornferry.com/saleseffectiveness.

23 Jul 2024How to Craft Memorable and Effective Slide Decks00:52:12

If you're feeling overwhelmed by the endless variations of sales presentations and struggling to create impactful, memorable content for your pitches, then you are not alone!

Imagine discovering the unexpected secret behind creating impactful sales presentations. It's not just about the content, but the science of how our brains process, retain, and act on that information. But that's not all. There's a powerful link between sales and marketing that can revolutionize your approach. If you want to uncover this game-changing insight, then keep your eyes peeled because the secret to unlocking more sales success is about to be revealed. Stay tuned for the surprising revelation that will transform your sales game forever.

Have you heard the myths about sales presentation design? Let's debunk three of them. But hold on, I won't reveal the strategy just yet. Stay tuned for the truth.

This is Tom Martin's story, our special guest for this week:

Tom Martin's journey into sales presentation design was born out of adversity. The aftermath of Hurricane Katrina resulted in the loss of his agency's clients and his business, propelling him into a quest to comprehend why people forget 90% of a presentation within two days. This eye-opening realization became the catalyst for Tom's deep dive into the science of how the human brain processes and retains information. His passion for understanding the intricacies of impactful communication was ignited by the need to empower himself and his clients in pitching scenarios. Tom's narrative-style story draws the reader in, painting a vivid picture of his determination to unravel the secrets of crafting truly unforgettable presentations.

In this episode of The Modern Selling Podcast, Tom Martin, the founder of Converse Digital, provides valuable insights on sales presentation design and delivery. He shares how his background in the agency business led him to understand the importance of creating digitally centric business development programs. The conversation dives into the challenges of traditional slide deck presentations, emphasizing the need for a shift towards more interactive and engaging approaches.

The best slide deck should be invisible. I shouldn't remember your slide deck. I should remember you and what you said. - Tom Martin

With years of experience in the agency business, Tom's expertise extends to business development and prospecting. He's the author of "The Invisible Sale" and has a passion for teaching individuals and organizations how to create digitally centric business development programs. Tom's background and achievements make him a valuable source of insights on sales presentation design and delivery, offering a unique perspective on how to turn conversations into customers.

Tom's expertise shines through as he discusses the cognitive limitations of the human brain and the significance of concise messaging in sales presentations. With an eye-opening stat revealing that audiences forget 90% of presented information within two days, regardless of presentation length, Tom delves into the science behind memory retention.

His practical tips and strategies for creating impactful and memorable sales pitches make this episode a must-listen for sales professionals seeking to enhance their presentation skills and deliver more effective pitches. With Tom's expertise and actionable insights, this episode offers a compelling exploration of challenges and opportunities in sales presentation design and delivery, providing valuable guidance for creating more engaging and impactful sales presentations.

In this episode, you will be able to:

  • Craft compelling sales presentations that captivate your audience and drive results.

  • Elevate your sales pitch decks with effective strategies to leave a lasting impression.

  • Enhance memory retention in your presentations to ensure your message sticks with your prospects.

  • Integrate sales and marketing seamlessly to create powerful, cohesive presentations.

  • Master techniques for delivering sales pitches with confidence and poise.

 

The key moments in this episode are:
00:00:09 - Introduction to Vengreso and FlyMSG

00:00:48 - Sales Presentation Design

00:01:17 - Tom Martin's Background and Converse Digital

00:05:13 - Revealing a Juicy Secret

00:09:56 - The Challenge of Slide Deck Presentations

00:12:36 - The Science of Presentation

00:14:22 - Biological Limitations

00:17:36 - The Three T's

00:19:31 - Show Up and Throw Up Syndrome

00:23:09 - The 10% Slide

00:25:21 - Improving Slide Decks

00:26:14 - Persuasive Presentations

00:28:15 - Uncomfortable Sales Engineer

00:31:24 - Training for Presentation Skills

00:37:00 - Standardizing Sales Decks

00:39:37 - Understanding Salespeople's Needs

00:40:15 - Embracing Salespeople's Preferences

00:43:56 - Leveraging Website and Follow-up

00:47:39 - Aligning Sales and Marketing

00:49:31 - Favorite Movie and Personal Insight

Timestamped summary of this episode:
00:00:09 - Introduction to Vengreso and FlyMSG
Mario Martinez Jr. introduces himself as the CEO and founder of Vengreso and creator of FlyMSG.io. The podcast aims to help sales professionals grow their sales numbers at scale.

00:00:48 - Sales Presentation Design
Mario introduces Tom Martin as the founder of Converse Digital and discusses the topic of sales presentation design. They emphasize the importance of effective sales presentations for driving business growth.

00:01:17 - Tom Martin's Background and Converse Digital
Tom shares his background in the agency business and the founding of Converse Digital. He discusses the evolution of the agency's focus on social selling and digitally centric business development programs.

00:05:13 - Revealing a Juicy Secret
Tom shares a fun fact about appearing on the Food Network's "Food 911" show hosted by Tyler Florence, where he made up a dish to be featured on the show. This showcases his creativity and storytelling skills.

00:09:56 - The Challenge of Slide Deck Presentations
Tom discusses the challenge of slide deck presentations and how research shows that audiences forget 90% of the content within two days. This insight prompts his exploration of the science behind effective presentation strategies.

00:12:36 - The Science of Presentation
Tom Martin discusses the lack of training in writing effective PowerPoint presentations. He emphasizes the importance of understanding how the brain processes and retains information in verbal presentations.

00:14:22 - Biological Limitations
Tom explains the biological limitations of memory retention and the impact of presentation design on information processing. He highlights the significance of building presentations scientifically to improve information retention.

00:17:36 - The Three T's
Tom identifies time, talent, and training as the reasons for poor sales presentations. He emphasizes the need for concise messaging and separating signal from noise in presentations.

00:19:31 - Show Up and Throw Up Syndrome
Tom discusses the challenges of fast-paced environments and the lack of concise messaging in sales presentations. He emphasizes the importance of training and investing in workshops to improve presentation quality.

00:23:09 - The 10% Slide
Tom highlights the importance of being able to present the main idea of a presentation in one slide. He also discusses the role of time in determining the number of slides in a presentation and the importance of building the slide deck with the main message in mind.

00:25:21 - Improving Slide Decks
Tom discusses how they improved a 35-slide deck to 18 more impactful slides, resulting in a tighter elevator speech and clearer client benefits.

00:26:14 - Persuasive Presentations
Tom explains the science behind persuasive presentations, including how hesitation words can impact credibility and how tense affects persuasiveness.

00:28:15 - Uncomfortable Sales Engineer
Mario shares a story of an uncomfortable sales engineer resorting to vaping during a challenging sales discussion, illustrating the impact of confidence on sales presentations.

00:31:24 - Training for Presentation Skills
Tom emphasizes the importance of training in handling challenging questions, buying time, and using content to build credibility and trust in sales presentations.

00:37:00 - Standardizing Sales Decks
Mario and Tom discuss the challenges of customizing sales decks for each customer and the need for standardization to avoid multiple versions and ensure consistency in messaging.

00:39:37 - Understanding Salespeople's Needs
Tom emphasizes the importance of providing salespeople with the slides they need. He discusses the value of listening to salespeople and creating custom slides to meet their needs, rather than forcing them to use generic slides.

00:40:15 - Embracing Salespeople's Preferences
Tom discusses how salespeople prefer to have ready-made slides that they can easily use, rather than creating slide decks themselves. He shares a success story of a biotech client who saw fantastic results by providing their salespeople with the slides they needed.

00:43:56 - Leveraging Website and Follow-up
The conversation shifts to the importance of salespeople knowing how to use the website to direct prospects and using follow-up messages effectively. Tom highlights the value of behavioral emails and using content to drive prospecting and sales.

00:47:39 - Aligning Sales and Marketing
Tom emphasizes the need for alignment between sales and marketing, with a focus on creating deep, valuable content for salespeople to use. He shares a success story of using content to effectively prospect and close sales, emphasizing the power of combining sales and marketing efforts.

00:49:31 - Favorite Movie and Personal Insight
The conversation ends with a lighthearted discussion about Tom's favorite movie, "Dead Poets Society," and a humorous anecdote about salsa dancing.

Sales Presentation Design and Delivery

In this episode of The Modern Selling Podcast, Tom Martin, the founder of Converse Digital, shares his expertise on sales presentation design and delivery. Drawing from his background in the agency business, Tom emphasizes the need for a shift towards more interactive and engaging approaches in sales presentations. He discusses the cognitive limitations of the human brain, highlighting the importance of concise messaging and the science behind memory retention. With practical tips and strategies, Tom offers valuable insights for sales professionals looking to enhance their presentation skills and deliver more effective pitches.

Enhance Your Professional Presentations

The episode provides a compelling exploration of challenges and opportunities in sales presentation design and delivery, making it essential listening for those seeking to create impactful and memorable sales pitches. Tom's expertise and actionable insights offer valuable guidance for improving engagement and memory retention in the sales process, making this episode a must-listen for sales professionals and organizations looking to enhance their presentation skills.

The resources mentioned in this episode are:

  • Connect with Tom Martin on LinkedIn by searching for Tom Martin at Converse Digital and send a message mentioning that you heard him on the modern selling podcast.

  • Visit the Converse Digital website and fill out the contact form to get in touch with Tom Martin and his team for sales presentation and content marketing expertise.

  • Download Flymessage IO for free to save 20 hours or more in a month and increase your productivity with a text expander and personal writing assistant.

  • Leave a 5-star rating and review for the modern selling podcast on iTunes to show your support and help others discover the valuable content.

  • Watch Dead Poets Society, Tom Martin's all-time favorite movie, for a memorable and inspiring experience.

01 Oct 2024Email Expert tells you what you're doing WRONG with your Email Strategy00:53:50

Discover the unexpected family connection behind the email marketing expertise. Dive into Sujan Patel's journey to success and how he and his cousin are taking the entrepreneurial world by storm. Don't miss this surprising revelation!

Want to enhance your cold email strategies and increase engagement? I've got the solution to help you achieve just that. Let's dive deep into optimizing your email game for maximum impact. Get ready to level up your email engagement like never before!

Outbound Prospecting Best Practices
Outbound prospecting requires adaptability and creativity to navigate changing email deliverability landscapes. Sales reps should focus on reply rates and personalization to increase engagement with prospects. Employing omni-channel strategies and continuous testing and iteration are crucial for successful outbound prospecting efforts in today's fast-paced sales environment.

This is Sujan Patel's story:

Sujan Patel's journey into the world of modern cold email strategies is a testament to his fearless approach to life. From breaking bones in high school to skydiving and even jumping out of a crashing plane, Sujan embodies the spirit of perseverance and fearlessness. His introduction to the power of effective cold email strategies came through his extensive experience as an entrepreneur and his role at Mailshake. With over 20 years of experience in marketing, working with numerous SaaS, e-commerce, and tech companies, Sujan recognized the need for a different approach to reaching potential clients. This realization led him to delve into the world of cold email strategies, leveraging his expertise to navigate the evolving landscape of email engagement. Sujan's unique journey not only showcases his adventurous spirit but also serves as an inspiring backdrop to his mastery of modern email engagement techniques.

I think I would urge people to just start A/B testing more of their subject lines. And one, at the very least, what it does is it gives you more unique emails, again, counts for less. It's more personalization, effectively. - Sujan Patel

My special guest is Sujan Patel

Sujan Patel, the co-founder of Mailshake, joins me in this episode. With over nine years of experience, Mailshake has engaged with 60,000+ users and sent hundreds of millions of emails. Sujan's expertise in sales, productivity, and sales messaging makes him a domain thought leader. Apart from being an entrepreneur for the last 20 years, he has worked with various SaaS, e-commerce, and tech companies. Sujan's insights and data-driven strategies promise to enhance your cold email game. So, get ready to dive into optimizing your cold email strategies with us.

In this episode, you will be able to:

  • Mastering Cold Email Strategies: Unlock the secrets to captivating cold email content and skyrocket your response rates.

  • Harnessing AI for Personalized Email: Discover how AI is revolutionizing email personalization and boosting engagement with your prospects.

  • Outbound Prospecting Best Practices: Learn the top tactics for finding and connecting with high-quality leads to supercharge your sales pipeline.

  • Elevating Email Deliverability: Uncover the key strategies to ensure your emails reach the right inbox and avoid the dreaded spam folder.

  • Embracing Omnichannel Sales: Explore the power of omnichannel approaches to connect with prospects across multiple touchpoints and drive conversions.

 

The key moments in this episode are:
00:00:00 - The Impact of Email Providers on Outbound Prospecting

00:00:47 - Introduction to Mailshake and Sujan Patel's Background

00:03:32 - Thrill-Seeking Side of Sujan Patel

00:09:48 - Challenges in Outbound Prospecting

00:13:16 - Important Strategies for Email Engagement

00:14:10 - Importance of Email Deliverability

00:17:42 - Maximizing Email Volume

00:20:37 - Ideal Email Length

00:25:01 - Personalization Strategies

00:28:27 - Best Time to Schedule Calls

00:28:43 - The Importance of Personalization in Email Outreach

00:30:05 - Subject Line Length and Performance

00:34:08 - Tracking and Permission-based Emails

00:38:58 - Continuous Optimization and Testing

00:41:37 - Outbound Cadence and Touch Points

00:43:13 - Multi-channel Omni Channel Touch Points

00:44:07 - LinkedIn Engagement Strategy

00:45:37 - Power of LinkedIn Follow Button

00:49:59 - Flypos AI and FlyEngage AI

Timestamped summary of this episode:
00:00:00 - The Impact of Email Providers on Outbound Prospecting
Sujan Patel discusses how major email providers have cracked down on spam, leading to email throttling and the need for lower volume per email address. He emphasizes the importance of unique copy and the necessity of personalization in emails to increase deliverability.

00:00:47 - Introduction to Mailshake and Sujan Patel's Background
Mario Martinez Jr. introduces Sujan Patel as the co-founder of Mailshake and a domain thought leader in sales and productivity. Sujan shares his entrepreneurial journey and experience in sales and B2B go-to-market strategies.

00:03:32 - Thrill-Seeking Side of Sujan Patel
Sujan Patel reveals his passion for thrill-seeking activities and shares a harrowing experience of jumping out of a crashing plane during a skydiving trip. His fearlessness and resilience tie into his entrepreneurial mindset.

00:09:48 - Challenges in Outbound Prospecting
Sujan Patel addresses the current challenges in outbound prospecting, highlighting the low response rates for emails and the difficulty in reaching buyers, especially with the majority working from home. He emphasizes the need for adjusting email strategies to adapt to these changes.

00:13:16 - Important Strategies for Email Engagement
Sujan Patel provides key strategies for improving email engagement, including the importance of personalization, unique copy, and minimizing links and tracking in emails. He emphasizes the need for emails to be tailored to

00:14:10 - Importance of Email Deliverability
Sujan emphasizes the significance of the percentage open rate and optimizing against replies rather than clicks. He also mentions the importance of omnichannel outreach for sales effectiveness.

00:17:42 - Maximizing Email Volume
Sujan discusses the optimal number of emails to send per day and the use of multiple email addresses and domain names to increase email volume while maintaining deliverability.

00:20:37 - Ideal Email Length
Sujan recommends keeping outbound campaign emails between 50 to 75 words for optimal performance. He underscores the importance of brevity for higher engagement and shares his approach to using AI to streamline email content.

00:25:01 - Personalization Strategies
Sujan delves into the significance of personalization beyond just using the recipient's name, highlighting the inclusion of job titles and industry-specific pain points. He also emphasizes the need for clear call-to-action and direct communication.

00:28:27 - Best Time to Schedule Calls
Sujan shares his insight on the best time to schedule calls and the impact of the day of the week on email response rates. He provides practical tips for effective scheduling to maximize response rates.

00:28:43 - The Importance of Personalization in Email Outreach
Sujan emphasizes the need for personalization in email outreach, urging the customization of emails for different segments of people. He stresses the importance of identifying pain points and addressing them in the emails to resonate with the recipients.

00:30:05 - Subject Line Length and Performance
Sujan discusses the performance of subject lines, highlighting the shift from one to three word subject lines to longer ones in email marketing. He advises testing different subject line lengths and formats to find what resonates best with the audience.

00:34:08 - Tracking and Permission-based Emails
The conversation delves into the issue of tracking and permission-based emails. Sujan expresses his frustration with the overuse of permission-based emails and emphasizes the importance of providing value to recipients. He suggests avoiding links in the first email and only introducing them in subsequent follow-ups after establishing initial engagement.

00:38:58 - Continuous Optimization and Testing
Sujan advocates for continuous optimization and A/B testing from the start of an email campaign. He stresses the need for rapid testing and tweaking, making small iterations based on the performance of each batch of emails. Additionally, he discusses the impact of leveraging omni-channel approaches to increase engagement.

00:41:37 - Outbound Cadence and Touch Points
The conversation explores the optimal length of an outbound cadence, with Sujan recommending a 45 to 60 day range. He emphasizes the

00:43:13 - Multi-channel Omni Channel Touch Points
Sujan and Mario discuss the use of at least four different mediums to achieve successful sequences or cadences, with more than ten touch points being effective.

00:44:07 - LinkedIn Engagement Strategy
Sujan shares his strategy for engaging with prospects on LinkedIn, emphasizing the importance of being a thought leader and utilizing multiple touch points before sending a connection request.

00:45:37 - Power of LinkedIn Follow Button
Mario highlights the power of the follow button on LinkedIn and the importance of warming up prospects before sending a connection request, as well as the use of AI for social media posts.

00:49:59 - Flyposts AI and FlyEngage AI
Sujan and Mario discuss the benefits of using AI tools like Flyposts AI for creating native content and FlyEngage AI for writing comments on LinkedIn, emphasizing the need for contextual relevance in social selling.

Mastering Cold Email Strategies
Effective cold email strategies are crucial for engaging with prospects in today's competitive sales landscape. Personalization, brevity, and value-driven content are key elements in crafting successful cold emails. Testing and iterating on different elements such as subject lines, email length, and call-to-action are essential for optimizing email engagement.

Harnessing AI for Personalized Email
Utilizing AI technology can enhance the personalization and effectiveness of cold emails. AI tools can analyze data to personalize emails based on recipient preferences and behavior. Automated AI responses can help sales professionals save time and improve engagement with prospects by providing relevant and timely information.

The resources mentioned in this episode are:

  • Connect with Sujan Patel on LinkedIn to learn more about his expertise in outbound sales and email deliverability.

  • Download Mailshake to optimize your outbound sales cadences and improve your email deliverability.

  • Explore Flypost AI to create native content for LinkedIn and engage with your audience effectively.

  • Check out FlyMSG to save time and increase productivity with a free text expander and personal writing assistant.

  • Watch The Dark Knight, Sujan Patel's all-time favorite movie, for some action-packed entertainment.

01 Apr 2022Catch The Big Fish with the Right Sales Cadence with Priya Sachdev, #20400:52:50

It’s no secret that the B2B sales game has become harder and harder. With more informed buyers, the same old sales techniques aren’t working at the same success rate to convert prospects to customers.

But, what should sales reps and leaders do to really move the sales needle? The answer is simple: better prospecting! Yet, the key to doing this successfully often comes down to your sales cadence and the specific actions you’re taking and when.

This is the topic we cover in a special episode of the Modern Selling Podcast with one of the greatest minds in sales.

Priya Sachdev is the Chief Customer Officer, here at Vengreso. She is responsible for Vengreso’s Customer Success and Support team as well as all implementation, training, coaching, and delivery of the entire LaaS (Learning as a Service) and SaaS technology suite to the 1,100+ companies that Vengreso has served.

Priya has been in the sales training industry for over 20 years and has overseen sales enablement for a leading global provider of digital transformation services as well as serving for 13 years at Miller Heiman Group, where she was the Enterprise Sales Transformation Leader, responsible for consulting with clients globally in sales transformation.

In addition, she served as the Vice President of APAC where she was instrumental in overseeing, accelerating, and delivering sales training, methodology, and consulting to the APAC region.

If that wasn’t enough, Priya has been named as one of the top 25 Most Influential Women in India by CEO Magazine and recognized as one of the 10 Successful Women to Watch by Insights Success.

Make sure to tune in to the full conversation to see the specific sales cadence and prospecting strategies are working now to book more meetings, fill pipelines, and get to a sale even faster!

How Do You Get to the First Sales Conversation?

Going from a cold outreach message to a sales call is often the hardest part of the entire sales cycle. That’s why when we polled almost 1,300 sales professionals, 69% of them acknowledged that the most challenging part of their work was getting the first conversation.

At Vengreso, we created a full prospecting guide with our unique PVC methodology that walks through the secret formula we’ve found that works to engage prospects with EVERY message.

So, I was curious to hear Priya’s perspective on what sales reps can do to lower the barrier to entry and get to a sales call faster.

She shares, “we’re in a sales pandemic and the biggest problem with prospecting is that sales reps are not following through. The sales cadence and the sales channels used are not right for the target audience.”

I’ve seen in my 20+ years of sales that follow-through is everything if you want to close big deals. But, all too often, sales leaders overemphasize quantity over quality, which leaves lots of money left on the table.

Join the conversation and download this episode to learn more about what’s working to get prospects to lean in with the first message.

What Are the Best Channels for Prospecting?

In today’s hyperconnected world, there are so many ways that we can reach and engage with prospects. From social media to email, to SMS, to phone calls – we’re not short on channels to choose from.

However, so many sales reps focus on one channel and never diversify their approach. Studies have found that when you use one channel you can expect about 10% engagement. If you add a second, third, or fourth channel to reach prospects, then you can increase your engagement by 400%!

That’s why at Vengreso, we take a multi-channel strategy that includes four key parts of our sales cadence:

  1. Connecting on LinkedIn
  2. Sending a personalized text message
  3. Following up with email
  4. Using video to engage

In my conversation with Priya, we dive deeper into how to implement each of these channel strategies to increase prospecting success. This part of the conversation alone can be game-changing if you’ve been struggling to get higher prospect engagement with your current sales cadence.

Get a pen and paper ready and listen to the episode now. Pay particular attention to the first 15 minutes for actionable insights that you can apply today to your sales cadence to produce better results – without adding extra work.

How Should You Use Sales Automation Tools?

This can be a tricky question to answer. Because although automation can help to streamline processes and increase your sales productivity, it can also be the reason sales reps aren’t closing deals.

Modern B2B buyers are savvy enough to know a personalized message from an automated response. Personalized messages get responses back. Automated, generic messages do not. It’s really that simple.

But, automation does still have its place in the sales process. Using powerful tools like FlyMSG can be great to make it easier for you to quickly personalize your sales messages. In addition, leveraging LinkedIn’s Sales Navigator can give your sales teams incredible insights into which connections to make, who to engage to get to a sales call, and what personalized bits of information you can insert into your messages.

Modern seller beware! Sales tools are only effective when you know how to use them properly. As I always say, “a fool with a tool, is still a fool.”

This is why having the right sales training and using sales tools in the right parts of your sales cycle are so critical.

Make sure to listen to this episode to hear what unique strategies we’re using at Vengreso to land bigger deals, increase our prospecting success, and make the B2B selling process seamless! 

11 Jun 2024How the Best SDR Programs Develop Top Talent00:58:02
 

If you're feeling frustrated with your SDR BDR team's results and struggling to increase pipeline creation, then you are not alone!

Have you heard the myths about building successful SDR BDR teams?

Myth 1: SDR BDR teams can only focus on outbound or inbound, not both. Myth 2: Texting prospects is not effective for SDR BDR outreach. Myth 3: SDR BDR roles are just a stepping stone and don't require long-term commitment. Want to know the truth? Stay tuned for the secrets to building a high-performing SDR BDR team.

In this episode of The Modern Selling Podcast, Joey Vendel, the AVP of Sales Development at Seismic, joins host Mario Martinez Jr. to share his insights on building successful SDR/BDR teams. With over seven years of experience in sales development, Joey brings a wealth of knowledge and practical strategies to the table. The conversation delves into the pillars of a successful sales development team, including the architecture, activity optimization, omnichannel presence, and coaching. Joey's emphasis on nurturing SDRs for career growth and his innovative approach to pipeline development at Seismic offers valuable takeaways for sales development leaders and professionals.

From discussing the challenges of engaging multiple buying groups to insights about the velocity program and the importance of personalized outreach, this episode provides actionable strategies to enhance pipeline creation and drive career development for SDRs. If you're looking to boost your team's performance and navigate the evolving landscape of sales development, this episode is a must-listen for practical guidance and inspiration.

I think the key, Mario, is bringing value, right? That every touch point needs some form of value. And I think that's why we've seen the rise of how many touch points it takes to get ahold of a prospect is because more and more of it has become this, this, more mass message versus a personalized, relevant message for that specific person. - Joey Vendel

Joey Vendel, the AVP of Sales Development at Seismic, brings over seven years of SDR experience, from honing his skills as an individual contributor to managing a team of successful SDRs. He has a knack for generating high-quality pipelines and has helped numerous SDRs advance into roles as account executives, sales engineers, and beyond. His passion for sports not only fuels his free time but also provides valuable parallels and practices that he seamlessly translates to the sales field. With a deep understanding of building scalable SDR teams and a commitment to coaching, Joey's insights promise an engaging and insightful conversation on the strategies and pillars essential for successful sales development teams.

Skills you will learn in this Episode:

  • Mastering the art of building high-performing SDR BDR teams.

  • Accelerating your career through strategic sales development role progression.

  • Crafting sales email frameworks that captivate and convert.

  • Embracing the power of an omnichannel sales approach for amplified results.

  • Elevating sales outreach with the impact of personalized strategies.

 

The key moments in this episode are:
00:00:08 - Introduction to Vengreso and FlyMSG

00:01:14 - Importance of Sales Development

00:06:55 - Personalization in Sales Outreach

00:11:33 - The Role of Coaching in Sales Development

00:14:41 - Creating Quality Pipeline

00:16:00 - Multi-Threaded Selling

00:17:33 - Career Development Path

00:20:39 - Bridging the Skills Gap

00:23:09 - SDR Role Duration

00:29:41 - SDRs' Daily Activities and Time Management

00:31:41 - Leveraging LinkedIn Engagement

00:34:15 - Challenges and Solutions in Sales Development

00:36:09 - Leveraging Text Messaging in Sales Outreach

00:41:57 - Adding Value in Sales Touchpoints

00:43:17 - Leveraging LinkedIn for Prospecting

00:46:15 - Successful Reps' Cadence vs. Bottom Performing Reps' Cadence

00:51:47 - Consolidating Inbound and Outbound Sales

00:55:35 - Joey's Favorite Movie

00:57:13 - Conclusion and Farewell

00:00:00 - Introducing Joey Vendel

00:15:45 - Importance of Personalized Selling

00:30:22 - Leveraging Technology in Sales

00:45:18 - Adapting to Changing Sales Landscape

Timestamped summary of this episode:
00:00:08 - Introduction to Vengreso and FlyMSG
Mario Martinez Jr. introduces Vengreso and FlyMSG, an application to help sales leaders grow their sales numbers at scale.

00:01:14 - Importance of Sales Development
Mario Martinez Jr. and Joey Vendel discuss the challenges and importance of sales development, focusing on outbound and inbound strategies in the current sales landscape.

00:06:55 - Personalization in Sales Outreach
Joey Vendel emphasizes the importance of personalized outreach in sales, sharing his passion for Minnesota sports as a way to build rapport and connect with prospects.

00:11:33 - The Role of Coaching in Sales Development
Joey Vendel explains the key elements of effective coaching for SDRs, including reviewing sales activity, account strategy, pipeline development, and career aspirations to drive success in the role and beyond.

00:14:41 - Creating Quality Pipeline
Joey discusses the importance of creating a quality pipeline for outside sales to close deals effectively, especially when targeting enterprise customers with multiple stakeholders and buying groups.

00:16:00 - Multi-Threaded Selling
Mario and Joey delve into the concept of multi-threaded selling, which involves bringing in different personas and stakeholders to build a business case for account executives when selling to large organizations.

00:17:33 - Career Development Path
The conversation shifts to the career development path for BDRs and SDRs, highlighting the challenges of transitioning to management or AE roles. Joey shares how their velocity program helps SDRs develop closing skills and progress towards AE roles.

00:20:39 - Bridging the Skills Gap
Mario and Joey discuss the importance of bridging the skills gap between SDR and AE roles, emphasizing the need for coaching and development to prepare SDRs for handling deals and conversations effectively.

00:23:09 - SDR Role Duration
Joey provides insights into the average duration of SDR roles at Seismic, emphasizing the importance of learning and progression within the role before aspiring to transition into AE roles.

00:29:41 - SDRs' Daily Activities and Time Management
Joey discusses the average daily activities of their SDRs, including emails, dials, and LinkedIn steps. He emphasizes the importance of time management and framing these activities as "effort metrics" within their control.

00:31:41 - Leveraging LinkedIn Engagement
Mario and Joey discuss the importance of engaging on LinkedIn posts to stand out. They emphasize the need for personalized and thoughtful comments to make an impact, leading to a potential product enhancement idea for Joey's company.

00:34:15 - Challenges and Solutions in Sales Development
Joey highlights the challenge of tracking engagement on LinkedIn and mentions a tool called Surfy for synchronizing LinkedIn messages. They discuss the importance of an omni-channel approach in reaching prospects.

00:36:09 - Leveraging Text Messaging in Sales Outreach
Joey and Mario discuss the use of text messaging in sales outreach, emphasizing the need for an established relationship before using text as a channel. They also touch on the strategy of connecting all three channels - phone, text, and LinkedIn.

00:41:57 - Adding Value in Sales Touchpoints
The importance of bringing value in every touchpoint is highlighted. Joey emphasizes the need for personalized, relevant messages for specific prospects, and Mario shares insights on the PVC sales methodology - personalization, bringing value, and a call to action.

00:43:17 - Leveraging LinkedIn for Prospecting
Joey explains the importance of using the follow button on LinkedIn as part of the outbound cadence. He emphasizes the value of the follow button in engaging passive buyers and triggering a response from them.

00:46:15 - Successful Reps' Cadence vs. Bottom Performing Reps' Cadence
Joey discusses the key elements of a successful sales cadence, including personalization, problem statement, value proposition, and interest-based call to action. He highlights the importance of concise and value-driven messaging in both emails and cold calls.

00:51:47 - Consolidating Inbound and Outbound Sales
Joey talks about the decision to consolidate inbound and outbound sales under the same team at Seismic. He explains how this hybrid model has improved MQL to demo conversion rates and strengthened the partnership between the sales and marketing teams.

00:55:35 - Joey's Favorite Movie
Joey shares his all-time favorite movie, "Crazy, Stupid, Love," and mentions his tradition of asking SDRs about their favorite movie when they start at Seismic. He invites listeners to use the movie title in their subject line when reaching out to him.

00:57:13 - Conclusion and Farewell
Mario Martinez Jr. concludes the episode by thanking the listeners and encourages them to keep selling effectively until the next episode.

00:00:00 - Introducing Joey Vendel
Mario Martinez Jr. introduces the guest, Joey Vendel, and sets the stage for the upcoming discussion on sales strategies.

00:15:45 - Importance of Personalized Selling
Joey Vendel emphasizes the significance of personalized selling and the impact it has on building strong customer relationships and driving sales success.

00:30:22 - Leveraging Technology in Sales
The conversation shifts to the role of technology in sales, with Joey Vendel sharing insights on how to effectively leverage technology to streamline sales processes and improve efficiency.

00:45:18 - Adapting to Changing Sales Landscape
Mario Martinez Jr. and Joey Vendel discuss the need for sales professionals to adapt to the evolving sales landscape and embrace new strategies and tools to stay competitive in the market.

Crafting Irresistible Sales Email Frameworks for Maximum Impact
Crafting sales email frameworks that are personalized, concise, and value-driven is key to maximizing impact in prospecting activities. Leveraging technology and the latest sales tools to enhance the effectiveness of sales cadences and outreach strategies is vital in the modern sales landscape. Storytelling can be a powerful tool in sales, allowing sales professionals to create compelling narratives that resonate with prospects and drive engagement.

Mastering the Art of Building High-Performing SDR BDR Teams
Crafting a successful sales development team involves understanding the key pillars of team architecture, activity optimization, omnichannel presence, and coaching to drive success. Aligning different roles within the team with the organization's sales process and customer base is essential for building a scalable and efficient team. Balancing volume and personalization in sales outreach is crucial for engaging prospects effectively.

Accelerating Your Sales Development Career Progression
SDRs can accelerate their career progression by gaining exposure to running inbound deals in addition to outbound responsibilities. Programs like Seismic's velocity program allow top-performing SDRs to showcase their skills in closing deals and prepare for advancement to AE roles. It's crucial to focus on skill development, refinement of discovery and demonstration skills, and preparing SDRs for future career growth opportunities within the organization.

The resources mentioned in this episode are:

  • Download FlyMSG for free to save 20 hours or more in a month and increase your productivity.

  • Connect with Joey Vendel on LinkedIn and mention that you heard him on the modern selling podcast.

  • Personalize your outreach to Joey Vendel to get a response, showing that you did research about him and his role.

  • Use the subject line Crazy Stupid Love when reaching out to Joey Vendel to get his attention.

  • Give the modern selling podcast a five-star rating and review on iTunes.

16 Jan 2024Sales Compensation That Drives Results: Elements of Winning Plans00:51:53
 

If you're feeling frustrated because your current hiring process is only bringing in mediocre sales talent, then you are not alone! You may already be spending countless hours sifting through resumes and conducting interviews, only to end up with sales professionals who lack the drive and results you need. Instead of seeing a boost in sales team performance, you're stuck dealing with underperformers who are holding your team back. It's time to make a change and attract the A-level sales talent your team needs to succeed.

In this episode of The Modern Selling Podcast, Doug Dvorak, Motivational Sales Speaker, Trainer & Sales Performance Coach, shares his insights on attracting A-level sales talent. Doug is one of the most well-traveled keynote motivational speakers available today. Doug has earned his spot in the motivational speaking hall of fame. He has also been inducted into the International Who’s Who of Professional Speaking.

Doug Dvorak's journey from being a seasoned sales representative to a leader in sales talent acquisition is a compelling narrative of resilience and vision. His career spans the burgeoning era of the Internet, selling data communication products, to leading global sales teams in the realm of manufacturing enterprise software. Doug's story is a testament to the fact that attracting A-level sales talent is not just about skill; it's about creating an environment that resonates with top performers. His journey encapsulates the essence of perseverance and a relentless pursuit of excellence in sales talent acquisition.

We can't sell as Fred Flintstone anymore. We're George Jetson. And AI is in support to allow us to get more FaceTime, email time, phone time, zoom times. That's the only time we make money. - Doug Dvorak

This week's special guest is Doug Dvorak, the founder and managing principal of the Sales Coaching Institute, bringing with him a wealth of experience as a professional sales representative and keynote speaker. Having spearheaded sales of data communication products, web browser technology, and enterprise software to global giants such as IBM and John Deere, Doug's expertise in attracting and retaining A-level sales talent is unparalleled.

In this episode you will learn to:

  • Master the art of hiring and retaining sales talent can transform your sales team's performance.

  • Discover the secrets to attracting A-level sales talent and elevating your team's success.

  • Uncover the power of using sales assessments for hiring top-performing sales professionals.

  • Learn sales compensation plan best practices to motivate and reward your sales team effectively.

  • Explore the impact of AI on sales leadership and how it can revolutionize your sales strategies.

The key moments in this episode are:
00:00:08 - Introduction to the podcast

00:01:25 - Doug's Background and Experience

00:09:02 - Hiring A-Level Talent

00:13:51 - Strategies for Hiring Senior Talent

00:16:03 - Attracting and Retaining A-Players

00:17:49 - Attracting and Retaining Great Sales Talent

00:18:50 - Hiring Process and Assessments

00:20:32 - Vetting Candidates and Cultural Fit

00:26:17 - Elements of a Successful Sales Compensation Plan

00:31:42 - Avoiding Complex Compensation Plans

00:35:01 - Importance of Compensation in Sales Leadership

00:36:39 - Impact of Technology on Sales Leadership

00:43:24 - Embracing AI in Sales

00:46:03 - Leveraging Technology in Sales

00:49:41 - Connecting with Doug Dvorak

Timestamped summary of this episode:
00:00:08 - Introduction to the podcast
Mario Martinez Jr. introduces the podcast and the guest, Doug Dvorak, founder of the Sales Coaching Institute.

00:01:25 - Doug's Background and Experience
Doug Dvorak shares his background as a former sales representative and leader, and his transition to founding the Sales Coaching Institute in 2005.

00:09:02 - Hiring A-Level Talent
Doug discusses the importance of having a well-constructed hiring process and building a farm system to identify and groom A-level sales talent, including partnerships with colleges and universities.

00:13:51 - Strategies for Hiring Senior Talent
Doug suggests establishing strong relationships with search professionals who have expertise in the industry to help in the search for senior talent, as well as leveraging referrals from current senior reps.

00:16:03 - Attracting and Retaining A-Players
Mario emphasizes the importance of leaders being interviewed by potential hires, and discusses the significance of personal brand and culture in attracting and retaining top talent.

00:17:49 - Attracting and Retaining Great Sales Talent
Doug discusses the importance of branding to attract top sales talent and shares insights on the hiring process using the top grading system.

00:18:50 - Hiring Process and Assessments
Doug elaborates on the top grading system and the use of sales assessment tools like Gallup's challenger or disk, as well as the importance of conducting thorough reference checks.

00:20:32 - Vetting Candidates and Cultural Fit
Doug emphasizes the significance of vetting candidates through online assessments, interviews, and reference checks to ensure cultural fit and mutual value for both the employer and the candidate.

00:26:17 - Elements of a Successful Sales Compensation Plan
Doug highlights the key elements of a successful sales compensation plan, including a reasonable base, non-recoverable draw, clear KPIs, and accelerators to motivate and attract top sales talent.

00:31:42 - Avoiding Complex Compensation Plans
Doug discusses the negative impact of complex and changeable compensation plans, emphasizing the importance of simplicity, transparency, and fair compensation to retain and motivate A players in the sales team.

00:35:01 - Importance of Compensation in Sales Leadership
Doug emphasizes that the compensation of sales leaders should be less than top performers. He discusses the impact of compensation on behavior and the mistake of promoting the best rep to a leadership role.

00:36:39 - Impact of Technology on Sales Leadership
Doug delves into the effects of technology, specifically AI, on sales leadership. He highlights the game-changing nature of AI in automating manual tasks and freeing up time for sales leaders and reps.

00:43:24 - Embracing AI in Sales
Doug stresses the importance of AI augmenting sales reps and leaders rather than replacing them. He discusses the productivity savings and the need for data-driven decision making in sales.

00:46:03 - Leveraging Technology in Sales
Doug emphasizes the role of AI in supporting sales reps to get more FaceTime, email time, phone time, and zoom time to drive meaningful conversations. He underscores the importance of humanization and contextual relevance in engagement.

00:49:41 - Connecting with Doug Dvorak
Doug shares his contact information for connecting with him directly and mentions his website and phone number for further engagement.

Hire and Retain Top Sales Talent
Finding and keeping high-level sales professionals can be a game-changing strategy for organizations looking to expand their business. A thorough hiring process can include elements such as a detailed sales assessment, a well-structured interview, and even asking candidates to submit videos to demonstrate their skills and motivation. In addition, a comprehensive onboarding process and a transparent, easy-to-understand compensation plan can promote staff retention and encourage top performers to stay with the company.

Attract A-Level Sales Professionals
Attracting top-notch sales talent requires a strategic approach that goes beyond just offering a decent salary. Companies need to work on their branding, create a dynamic sales culture, and establish processes that can identify and attract A-level talent continuously. Forming partnerships with universities to offer internships can also provide a much-needed funnel to attract and assess potential candidates that can later become full-time hires.

Power of Sales Assessments
Sales assessments have evolved to become an essential tool in the hiring process, providing deep insights into a candidate's sales aptitude, personality, leadership skills, and more. Tools like Gallup's challenger or DISC can help verify if a candidate's skill set matches the job requirements and how comfortably they can fit in with the company's culture. They serve as an effective complement to reference checks and interviews, helping to ensure that hires are not only capable but also motivated and a good cultural fit.

  • Connect with Doug Dvorak directly via https://dougdvorak.com/

  • Download FlyMSG.io for free to save 20 hours or more in a month and increase productivity. FlyMSG is a free text expander and personal writing assistant.

  • Check out the 100 best chat GBT prompts and the best LinkedIn Chat GPT prompts available on Vengreso's website for AI-powered engagement.

  • Give the Modern Selling Podcast a five-star rating and review on iTunes to show support and help the podcast reach more listeners.

  • https://www.facebook.com/GoVengreso

  • https://www.twitter.com/twitter.com/govengreso

  • https://www.linkedin.com/company/vengreso

  • https://www.youtube.com/channel/UCtx5qy9xPdmQ4cL0aX50rTA?sub_confirmation=1

  • https://www.youtube.com/channel/UCtx5qy9xPdmQ4cL0aX50rTA?sub_confirmation=1

16 Apr 2024Integrating AI to Automate Tedious Tasks00:53:08
 

Are you ready for this? You won't believe what our CEO and founder revealed about the unexpected secrets behind successful sales processes. Find out how integrating AI has transformed the way sales professionals engage with customers and boosted their efficiency.

But that's not all—there's a game-changing tool that's revolutionizing sales prospecting. Want to know what it is? Keep listening to unlock the full scoop on this modern selling podcast.

AI Integration for Sales Efficiency
Integrating AI-powered platforms into sales processes can significantly enhance efficiency and personalization. These tools can streamline outreach efforts, automate tasks, and provide valuable insights for personalized responses. Sales professionals can leverage AI integration to create more targeted and engaging interactions with potential buyers, ultimately improving sales outcomes.

In this episode of The Modern Selling Podcast, Mario Martinez Jr. shares his journey from a Ritz camera center to becoming a leading sales professional. Through his personal experiences, Mario emphasizes the importance of customer-centric sales and the evolving landscape of sales tools, particularly the integration of AI.

He delves into the significance of using AI-assisted tools for personalized and efficient sales engagement, shedding light on the value of human-assisted AI in sales interactions. Mario's insights and practical examples offer valuable lessons for sales professionals seeking to enhance their processes and drive improved efficiency. His genuine enthusiasm for the field of sales and dedication to embracing new challenges serve as an inspiration and testament to the potential for growth and success in the dynamic world of sales.

If you're looking to integrate AI into your sales processes for improved efficiency and personalized customer engagement, this episode provides valuable insights and practical strategies to help you navigate the evolving sales landscape and enhance your sales efforts.

Sales is the art of helping. Sales is the art of helping, that's really what it is. And so I'm always looking for the problem. I want to understand the pain. I want to understand the issue so that I can help apply a solution. - Mario Martinez Jr.

In this episode, you will be able to:

  • Master Effective Sales Prospecting Techniques: Unlock the secrets to finding and engaging high-potential leads.

  • Integrate AI into Sales Processes for Efficiency: Learn how AI can revolutionize your sales approach and drive better results.

  • Boost Productivity with Text Expander Tools: Discover time-saving techniques to streamline your sales communication.

  • Engage Buyers on LinkedIn with Proven Strategies: Elevate your social selling game and connect with prospects effectively.

  • Maximize Sales Enablement Platforms for Growth: Uncover the benefits of using sales enablement tools to empower your sales team.

The key moments in this episode are:
00:00:08 - Introduction to Vengreso and FlyMSG.io

00:00:48 - Guest feature on the Grow Fast podcast hosted by Mark Shriner

00:01:29 - Location and casual discussion

00:02:47 - Personal sales journey

00:04:55 - Passion for selling

00:12:47 - Evolution of Sales Tools

00:13:46 - Vengreso and TextExpander

00:14:49 - FlyMSG Use Cases

00:21:12 - FlyLearning and AI Integration

00:26:39 - Importance of Welcoming Connections

00:28:23 - Engaging with Valuable Content

00:29:31 - AI Social Post Generator

00:33:21 - Human Assisted AI

00:37:11 - Creating Engagement on LinkedIn

00:39:58 - Importance of Providing Value in Sales

00:41:12 - Upcoming Sales Enablement Platforms

00:44:39 - Marketing vs. Sales Activities

00:47:54 - Must-Have Sales Tools

00:50:21 - Staying Informed in Sales

Timestamped summary of this episode:
00:00:08 - Introduction to Vengreso and FlyMSG.io
Mario Martinez introduces himself as the CEO and founder of Vengreso, the creator of FlyMSG, a personal writing assistant and text expander tool. The podcast aims to provide sales leaders, practitioners, and influencers with insights to grow sales at scale.

00:00:48 - Guest feature on the Grow Fast podcast
Mario Martinez mentions being featured on the Grow Fast podcast with Mark Shriner. The conversation covers topics such as sales enablement platforms, prospecting tools, AI, FlyMSG, text expansion, and LinkedIn commenting, with a focus on integrating these tools for connecting with potential buyers.

00:01:29 - Location and casual discussion
Mario Martinez and Mark Shriner have a casual discussion about their locations and the arrival of spring. They share personal experiences, creating a relaxed atmosphere before delving into the main topics of the conversation.

00:02:47 - Personal sales journey
Mario Martinez reflects on his early sales experience at Ritz Camera Centers, where his passion for sales was ignited. He shares a pivotal moment when he transitioned from a part-time photo finisher to a sales associate, driven by his innate ability to help customers and solve their problems.

00:04:55 - Passion for selling
Mario Martinez delves into the essence of selling as the art of helping and problem-solving. He attributes his passion for sales to the opportunity to understand customer pain points and offer solutions, emphasizing the role of customer satisfaction.

00:12:47 - Evolution of Sales Tools
The conversation starts with a discussion of the evolution of sales tools, from basic phone and fax machines to the necessity of modern sales enablement platforms for outbound sales.

00:13:46 - Vengreso and TextExpander
The discussion shifts to Vengreso and TextExpander, highlighting their use as workflow tools for individual sellers and the development of a tool called FlyMSG. The tool's ability to save time and automate repetitive tasks is emphasized.

00:14:49 - FlyMSG Use Cases
FlyMSG is discussed as a platform for storing and quickly deploying message templates across various platforms. The focus is on its utility for sales prospecting training and its ability to save time and standardize messaging.

00:21:12 - FlyLearning and AI Integration
The conversation delves into the integration of FlyLearning and AI into the platform, emphasizing its impact on saving sellers time by automating the process of engaging with target buyers on LinkedIn through insightful comments.

00:26:39 - Importance of Welcoming Connections
Mario emphasizes the importance of welcoming new connections with a personalized message instead of immediately pitching. He discusses the value of using the FlyMSG text expansion tool to send a personalized thank you message with valuable content.

00:28:23 - Engaging with Valuable Content
Mario discusses the strategy of sending valuable content to new connections to solicit engagement. He explains the importance of providing content that addresses the prospect's specific challenges and encourages them to respond.

00:29:31 - AI Social Post Generator
Mario introduces FlyPosts AI, an AI social post generator that helps salespeople create thought leadership content quickly. He discusses how the tool reduces the time it takes to write a post from 32 minutes to less than 9 minutes, enabling salespeople to stay active on social media.

00:33:21 - Human Assisted AI
Mario emphasizes the role of human-assisted AI in sales engagement. He explains that the tool is designed to augment the seller's efforts rather than replace them, allowing salespeople to edit and personalize AI-generated content.

00:37:11 - Creating Engagement on LinkedIn
Mario discusses the key ingredients for effective LinkedIn comments, emphasizing the importance of adding value to the conversation and soliciting engagement. He explains the strategy of using insights and questions to drive responses and build relationships on the platform.

00:39:58 - Importance of Providing Value in Sales
Mario emphasizes the importance of providing value in sales conversations, rather than overwhelming prospects with product information. He advises against starting with client testimonials or product pages, and instead focuses on bringing value to the buyer.

00:41:12 - Upcoming Sales Enablement Platforms
Mario discusses the proliferation of sales enablement platforms, highlighting the micro-niche focus and the variety of tools available for different stages of the sales process. He mentions prospecting, engagement, automation, gift marketing, social selling, productivity, and sales intelligence tools as examples.

00:44:39 - Marketing vs. Sales Activities
Mario shares his belief that sales teams should focus on their own lead generation, as marketing often only contributes a small percentage of appointments. He recommends allocating budget towards sales prospecting tools and training, as getting the first meeting is the hardest part of the sales cycle.

00:47:54 - Must-Have Sales Tools
Mario stresses the importance of sales prospecting tools and mentions the necessity of an engagement tool like a sales cadence tool, as well as incorporating phone and email channels. He also discusses the effectiveness of gift marketing in booking appointments, despite its cost.

00:50:21 - Staying Informed in Sales
Mario shares his approach to staying informed in sales, which involves reading blogs from sales influencers with varying perspectives, watching short videos, and reading content from top sales engagement tools. He emphasizes the importance of learning from sales professionals with practical experience.

Effective Sales Prospecting Techniques
In the evolving sales landscape, mastering effective sales prospecting techniques is crucial. Sales professionals must focus on providing value to potential buyers and personalizing their outreach efforts. By understanding the buyer's needs and preferences, sales teams can nurture more meaningful relationships and drive better results.

Productivity with Text Expander
Using productivity tools like text expanders can boost efficiency in sales activities. Text expanders allow sales professionals to store and access messaging templates quickly, saving time and effort in outbound sales. By leveraging text expanders, sales teams can focus on creating personalized and value-driven content while streamlining their communication processes.

The resources mentioned in this episode are:

  • Visit pvcsalesmethod.com to learn about the PVC method for crafting personalized and engaging sales emails with a strong call to action.

  • Check out Sendoso or Postal IO for gift Marketing tools to create memorable experiences for your prospects and book more appointments.

  • Download FlyMSG for free to save 20 hours or more in a month and increase your productivity with a free text expander and personal writing assistant.

  • Give the Modern Selling Podcast a five-star rating and review on iTunes to support the show and help it reach more listeners.

15 Dec 2021AI-Powered Sales Enablement with Howard Brown, #19400:55:16

The rise of sales enablement technology is fundamentally reshaping what sales leaders thought was possible. From providing real-time sales coaching insights to help reps improve their sales skills on the spot, to empowering sales organizations to use large volumes of data to elevate their sales processes – the sales game is changing!

And, with the emergence of proven AI-powered sales tools like Revenue.io that make mastering the art of selling even easier, today’s modern seller is being equipped with more customized sales solutions than ever before.

Exactly how innovative sales enablement technology can be leveraged to shift the capabilities of sales teams is the topic of discussion in this episode of the Modern Selling Podcast.

My guest, Howard Brown isn’t just a sales visionary, but his company is truly redefining how we collect, process, and analyze sales data to generate higher customer engagement and ultimately sales revenue.

If you’re a sales enablement leader who is looking for ‘that’ next level tool or strategy to accelerate the development of your sales team, then this is not an episode to miss!

Howard Brown is the founder and CEO of Revenue.io, a technology solution that powers sales, customer success and marketing teams, to deliver better performance with real time guidance and intelligence. As a three-time entrepreneur and former clinical psychologist, Howard's thought leadership on sales, entrepreneurship and artificial intelligence has been featured on Bloomberg TV, FOX Business, Forbes, Cheddar and elsewhere. Howard is also a faculty member of the Revenue Enablement Institute and was named one of the 100 Most Intriguing Entrepreneurs by Goldman Sachs.

That’s why I couldn’t be more excited to bring his incredible sales genius to the Modern Selling Podcast.

Listen in to the full conversation to see how AI-powered tools like Revenue.io are giving sales teams an unshakable advantage to not just sell better, but to also be more effective with their sales training.

How to Create The Exceptional Customer Experience

In previous episodes of the Modern Selling Podcast, we covered the importance of creating an exceptional customer experience. But, I was curious to hear Howard’s perspective as it relates to the data that his company sees everyday.

Howard explains, “I think that companies have lost focus on putting the buyer at the center of the sales conversation. After all, they have unlimited choices, so everything usually comes down to an exceptional customer experience. But, the challenge becomes how do you provide your sellers, your support team, your marketing team, and your employees with the tools and insights they need to make an exceptional customer experience possible – every time?”

That’s the precise question that at Vengreso we strive to answer with our Modern Sales Mastery Course for Teams. It’s our view that by honing in on your customer personas that you can craft highly personalized customer interactions that not just convert prospects into customers, but that also nurtures and builds amazing customer relationships.

The key, like Howard alludes to, is in building a robust and shared sales enablement strategy to coordinate all the pieces of data, insights, tools, and resources across all of your customer-facing departments.

Jump into the episode and pay close attention to the 13-minute mark in the conversation to hear how Revenue.io meets the unique new challenges facing today’s modern seller.

The Emerging Role of Revenue Operations 

As the selling landscape has changed over the past 18 months during the pandemic, it has been interesting to see how sales organizations have tried to adapt.

Here at Vengreso, as a digital sales training company, we were able to easily expand our video trainings, like our Video Sales Mastery, to help companies make the pivot from in-person to virtual sales training.

However, there is still a growing challenge for so many organizations related to translating new training into new selling behaviors that move the needle and get results. This is no different as we go up the sales hierarchy to the C-level teams.

So, I wanted to get Howard’s perspective on the growing importance of the Chief Revenue Officer and where he sees this role going in the near future. 

“To be successful, a Chief Revenue Officer (CRO) must have a strong grasp of sales, marketing, operations, and customer success and how they all work together,” Howard shares.

“Too often, companies promote someone to CRO without ever considering if they fully understand all of the components that drive and can influence revenue.”

That’s why in my perspective, the best CROs are those that have been VPs of sales and have an intimate understanding of the customer, the sales and marketing process, and how precisely to enhance everyone in the process to perform.

Download and listen to the full episode to hear the three things Howard says every CRO must do to remove siloed reporting and analytics to scale their sales growth. 

The Biggest Sales Enablement Challenge & How to Solve It

It’s always difficult to find qualified sales professionals that have the skills they need coming in the door to dominate in a virtual selling environment. Add to that the extensive onboarding and training process that goes into getting a new sales rep ready to sell – there’s never enough time for sales coaching.

I’ve seen here, at Vengreso, even with the extensive amount of coaching and on-the-job training we provide with our Modern Sales Mastery program, it still takes us 4-6 months to get a sales rep ready to handle the entire sales cycle from prospecting to deal close, on their own. 

But, with new AI-powered technology like Revenue.io, I wanted to hear Howard’s insights into what sales enablement leaders and sales managers can do to lower the sales learning curve.

Howard shares, “In order to do this ‘right’, you can’t just have anyone coach your sales reps. You want to look at ALL of the engagement data, the supervisory data, the coaching data, and take the outcome data to truly optimize and figure out what’s working and what’s not working. With Revenue.io, we get so granular with our data that we can tell you which coaches or sales managers are actually making their sales reps better and which ones are doing more harm.”

This is such an incredible level of visibility that hasn’t been available before! And, by tracking coaching effectiveness across your organization, this becomes a much-needed resource that sales enablement leaders can use to maximize their team’s success.

Join the full conversation and hear the unique coaching strategy we use at Vengreso to get our sales reps onboarded faster and ready to book more meetings and close more deals.

24 Jan 2023Building Resilient Leaders & Performance Teams with Sebastian Schieke, #22700:49:21

What do you do when faced with change? How do you handle conflict? What ways do you nurture the different personalities on your team? All of these are questions that sales leaders must navigate on their journey to inspire and motivate their teams.

But, all too often, the focus for sales is on meeting quotas or constantly outperforming the competition, that the “softer” skills of leadership get left by the wayside.

And, with trends like Quiet Quitting becoming the norm, how sales leaders manage and lead are quickly becoming a hot topic of conversation to curb employee turnover.

In this episode of the Modern Selling Podcast we dive into the importance that sales leadership plays and what sales leaders should be doing to build up their teams for success.

Our guest, Sebastian Schieke, is one of the leading experts in understanding the new era of leadership and the best way to engage, motivate, and train teams to not just hit quotas but to excel as sales professionals.

Sebastian Schieke is a leadership mentor, entrepreneur, speaker, author, and angel investor. As a digital enthusiast, he has witnessed disruption in businesses in the past twenty-five years, and seen the need for more great leaders in the ever-changing world. Sebastian is dedicated to making a positive impact by empowering motivated individuals and organizations to become exceptional entrepreneurs.

Tune into this episode to hear firsthand what Sebastian recommends leaders do today to step up to the new leadership challenge and position their sales teams to thrive. 

What Is Resilient Leadership?

Sebastian is most known for the concept of “Resilient Leadership”. So, I wanted to better understand what it is and how it can be applied to B2B and B2C organizations.

According to Sebastian, resilient leadership involves responding to what he refers to as VUCA:

Volatility – we live in a world of constant changes that require us to adapt in new ways.

Uncertainty – we have to learn how to expect and accept uncertainty as a permanent way of life.

Complexity – we operate in environments that are integrated, interconnected, and highly complex networks of connections and relationships.

Ambiguity – we must learn how to get things done when we don’t always have the best data, the right answers, or the needed resources.

Bottom line…

As leaders, it is our responsibility to remain agile and flexible to adapt to what changes come our way, not only in the world, but also within our businesses and teams.

And, it is within this space of needing to accept and be comfortable with change that leaders must develop a strong sense of resilience, so they can adapt while also reaching their goals.

Download the full episode to hear how you can elevate your leadership style to be more resilient and aligned to excel even in the face of change.

Why Is Resilient Leadership Needed?

A recent McKinsey survey found that 86% of employees turn to their leaders more than public officials for guidance on how to navigate times of uncertainty.

That means that as a leader, you truly do set the tone for the type of culture you have within your team and larger organization. And, since your teams are looking to you for continual guidance, support, and direction, how you respond is super critical.

Sebastian shares his thoughts, “A resilient leader shows that even despite uncertainty, they always know how to find a way to get access to the resources they need. When you set this as the standard or example, it trickles down throughout all the levels within your company – from your executive teams, to your team leads, down to your individual employees.”

Another way of looking at this is that resilient leaders are not afraid of change because they recognize that it is change that creates productivity, growth, and innovation.

And, it is through this understanding of knowing why uncertainty and change is such a blessing that sets resilient leaders apart.

As Sebastian adds, “It's so important to make sure to do things wrong because only through failure can we learn and can we build our muscle of resilience and persistence. Knowing the power of failure and giving your teams the space to make mistakes is how you build high-performing teams.”

Listen into the full episode to dive deeper into the key benefits that resilient leaders bring to their teams and the role all of this plays in enhancing your team’s performance.

How do you build high performance teams?

In my 20+ years as a sales leader, knowing how to lead teams effectively has been one of my strongest assets and skill sets. Sebastian has a unique perspective on high performance teams and what it takes in this resilient leadership model to build teams that are positioned for success. 

He shares his insight, “As a resilient leader who wants to create high performance as a standard, you must be a great communicator so you can generate buy-in. Buy-in is critical to all you do as a leader.”

In addition, Sebastian outlines three (3) key components to nurture, as a leader, in order to create high performing teams. 

They are:

Behaviors – Identifying the behaviors and personalities in your team makes it easier for you to know how to navigate team dynamics to meet each person where they are. This is essential so that as the leader, you’re able to bring people together in a synergistic way to reach your goals.

Motivators – Understanding what motivates the people within your team is how and why high performing teams are so successful. Motivators can be money, prestige, recognition, community service, etc. The important thing is to get clear on what motivates people within your team to take action and build this into your overall team structure.

Critical Thinking – Giving your team members (individually and collectively) the ability to make mistakes and reason through decisions is such a much-needed skill that so many leaders don’t allow their teams to acquire. It is through this that you’re able to build a sense of independence so that your team won’t only be high performing, but also self-governing.

Download the full conversation to learn more about resilient leadership and hear the 3-step system Sebastian recommends using to increase your team’s performance.

11 Apr 2023The Evolution of Selling: Buying, AI and the Impact of Enablement on Sales with Ketan Karkhanis, #23400:46:41

The Modern Selling Podcast Episode #234: The Evolution of Selling: Buying, AI and the Impact Enablement on Sales with Ketan Karkhanis.

In recent years, the world has witnessed a tremendous shift towards an all-digital way of doing things, especially after the Pandemic. From remote work to virtual meetings, the digital age has changed the way we do business. In this new era, web pages have become the main selling point for any company. With the rise of Artificial Intelligence (AI), web pages can now be personalized to cater to the specific needs of individual buyers. This personalized approach to selling has proven to be highly effective, and it is revolutionizing the way companies approach sales.

13 Feb 2024The Art of "And": Using Language to Build Agreement in Sales00:53:21
 

Attention all sales professionals! Do you want increased success in sales conversations and negotiations? we'll be sharing the solution so that you can achieve that result. Get ready to level up your sales game!

Get ready for a jaw-dropping insight into negotiation tactics and buyer psychology. Uncover the shocking truth behind procurement strategies and the real power dynamics at play. You won't believe what really goes on behind the scenes. Buckle up for an eye-opening conversation with Richard Harris, where the hidden secrets of sales success are revealed. Are you prepared to challenge everything you thought you knew about sales? Get ready to be blown away.

Meet our guest:

This week's Modern Selling Podcast guest is Richard Harris, a veteran in the world of sales and CEO & founder of The Harris Consulting Group. Listen as he unfolds his journey of embracing the impactful use of "and" in sales conversations. With a childhood rooted in a family immersed in the sales domain, Richard's early exposure to business and ownership in Texaco stock at a tender age laid the groundwork for his eventual foray into the sales arena. His diverse experiences, from working at the Gap to venturing into sales training and go-to-market strategies, provided a rich tapestry of knowledge that shaped his understanding of negotiation and collaboration in sales.

Richard's unique perspective on the human element of the sales process and the significance of earning the right to ask questions showcases his deep insight into the art of sales conversations. His engaging storytelling skillfully captures the essence of his journey, resonating with the audience and illuminating the transformative moments that led him to recognize the power of "and" in sales conversations.

I do not believe there's anything called a buyer's journey. I think it's a lie and a myth. The only thing the buyer has is an experience. - Richard Harris

Richard Harris, brings a wealth of sales expertise with a touch of humor and relatability. With a lifelong passion for sales, Richard's journey from working at the Gap in high school to owning stock in Texaco at the age of six, has shaped his deep understanding of the human side of the sales process. Through his company, he specializes in sales training and go-to-market strategies, emphasizing the importance of earning the right to ask questions and the humanity behind each sales interaction. Richard's approachable and engaging style makes him a trusted advisor for those looking to enhance their negotiation and collaboration skills in the sales landscape.

Enhance sales conversations
Mario and Richard delve into a fascinating discourse on the strategic use of the words "and" and "but" in sales conversations. Sales conversations often require a delicate approach, utilizing the correct words that can maintain a positive, collaborative tone and foster more intensive customer engagement. By tweaking these small but significant aspects of your conversation techniques, you'll be able to reduce potential friction and bolster the effectiveness and conviviality of your sales dialogues.

In this episode, you will be able to:

  • Master the Neat Selling method and close more deals.

  • Enhance your sales conversations with strategic use of "and".

  • Successfully negotiate with procurement teams and win big contracts.

  • Skillfully handle pricing discussions to maximize sales opportunities.

  • Navigate contract negotiations with procurement for mutually beneficial outcomes.

The key moments in this episode are:
00:00:08 - Introduction to the Podcast

00:01:24 - Welcome Richard Harris

00:04:12 - Richard Harris's Background

00:08:31 - Writing "The Seller's Journey"

00:12:22 - Navigating Procurement

00:13:45 - The Power of "And" vs "But"

00:17:55 - The Importance of Agreement in Sales Conversations

00:21:05 - Slowing Down for Strategic Thinking

00:23:43 - The Role of Procurement in Negotiations

00:27:19 - Navigating Negotiations with Procurement

00:28:45 - Overcoming Adversarial Negotiations

00:29:43 - Handling Discount Requests

00:32:53 - Importance of Economic Impact

00:34:35 - Leveraging Pricing in Negotiations

00:40:36 - Unbundling Contract and Pricing

00:42:46 - Procurement's Unusual Contract Clause

00:46:17 - Negotiating with Procurement and Legal

00:49:41 - Procurement Tactics and Training

00:51:18 - Personalized Connection Requests and Judging

00:51:57 - Favorite Movie and Final Thoughts

Timestamped summary of this episode:
00:00:08 - Introduction to the Podcast
Mario Martinez Jr. introduces the podcast and explains that it features sales leaders, practitioners, and influencers to help listeners grow their sales numbers at scale.

00:01:24 - Welcome Richard Harris
Mario Martinez Jr. welcomes Richard Harris to the show, discussing that they are in the 7th season with over 250 episodes. They talk about Richard's new book, "The Seller's Journey."

00:04:12 - Richard Harris's Background
Richard Harris shares his background, growing up in sales and his work with the Harris Consulting Group. He talks about his approach to sales training, focusing on the humanity of the sales process.

00:08:31 - Writing "The Seller's Journey"
Richard Harris discusses the inspiration behind writing "The Seller's Journey," explaining his belief that there's no such thing as a buyer's journey. He emphasizes the importance of the seller's journey and the tactics shared in the book.

00:12:22 - Navigating Procurement
Richard Harris delves into the topic of negotiating with procurement, highlighting that procurement is not the enemy and discussing the importance of engaging with them early in the sales cycle to understand their needs and challenges.

00:13:45 - The Power of "And" vs "But"
Richard Harris discusses the significance of using "and" instead of "but" in sales conversations. He explains that "and" signifies agreement, while "but" can be perceived as disagreement, turning people off.

00:17:55 - The Importance of Agreement in Sales Conversations
Richard emphasizes the importance of showing agreement when speaking with buyers, influencers, and coaches. He explains that using "and" can help reduce confrontation and friction in uncomfortable conversations, ultimately improving the buyer's experience.

00:21:05 - Slowing Down for Strategic Thinking
Mario and Richard discuss the impact of intentional changes in thinking processes, such as using "and" instead of "but," to slow down and strategically approach sales conversations. Richard shares how this tactic can help salespeople better connect with buyers and improve their overall experience.

00:23:43 - The Role of Procurement in Negotiations
Richard shares his experience negotiating with procurement and provides insights into the role of procurement in sales. He highlights that procurement is not always the enemy and discusses the dynamics of negotiation in larger contracts involving procurement teams.

00:27:19 - Navigating Negotiations with Procurement
Richard offers strategies for navigating negotiations with procurement, emphasizing the importance of early engagement and seeking permission from champions to involve procurement sooner. He also addresses the power dynamics and decision-making authority within procurement processes.

00:28:45 - Overcoming Adversarial Negotiations
Richard Harris discusses the challenge of negotiations feeling adversarial and shares strategies to shift the conversation to commercial terms, emphasizing the value exchange.

00:29:43 - Handling Discount Requests
Richard explains the importance of using the term "commercial terms" and shares a role play scenario to demonstrate handling discount requests effectively by focusing on economic impact.

00:32:53 - Importance of Economic Impact
Richard emphasizes the significance of understanding economic impact in negotiations and differentiates it from ROI. He highlights the importance of discovery skills in uncovering economic impact.

00:34:35 - Leveraging Pricing in Negotiations
Richard provides insights on leveraging pricing in negotiations by offering additional benefits in exchange for discounts, such as marketing support, case studies, and prepayment of contracts.

00:40:36 - Unbundling Contract and Pricing
Richard cautions against the unbundling of contract and pricing in negotiations, emphasizing the importance of including elements such as customer references and logos in contracts to avoid internal conflicts.

00:42:46 - Procurement's Unusual Contract Clause
Procurement redlined the contract to include a clause allowing termination for convenience, with a strange twist of prepaying and getting a refund for unused services.

00:46:17 - Negotiating with Procurement and Legal
A two-hour negotiation session with procurement and legal resulted in an agreement on a termination for convenience clause. However, they later denied agreeing to it, but a recorded snippet proved otherwise.

00:49:41 - Procurement Tactics and Training
Procurement tactics include intentional delays and denial of agreed terms. These tactics are frustrating but can be navigated with evidence and strong negotiation skills.

00:51:18 - Personalized Connection Requests and Judging
Richard judge's LinkedIn connection requests and uses them for sales training. Personalizing connection requests is crucial to make a good impression.

00:51:57 - Favorite Movie and Final Thoughts
Richard's favorite movie is Shawshank Redemption. The episode concludes with a call to action to rate and review the podcast.

Master Neat Selling technique
Hone your sales skills with the Neat Selling technique. This method urges sales professionals to delve into the buyer's need, economic impact, their access to authority, and timeline. Elevating your expertise on this technique can propel your sales success by facilitating a deeper understanding of buyer's needs and economic considerations, thereby aligning your product or service to provide maximum value.

Ace negotiations with procurement
For sales professionals, negotiations with procurement teams can be challenging. In this episode, Mario and Richard share insightful strategies, tactics, and experiences to help you navigate these discussions more confidently and effectively. From framing the conversation to anticipate individual needs, understanding your customer's perspective, and being well-prepared with quick information, these valuable strategies can position you for more successful negotiations with procurement teams.

The resources mentioned in this episode are:

  • The book The Seller's Journey by Richard Harris is available on Amazon and other online platforms. It covers tactics for closing deals and is a valuable resource for sales professionals.

  • Connect with Richard Harris on LinkedIn and send a personalized connection request mentioning that you heard him on the modern selling podcast.

  • Download FlyMSG for free to save 20 hours or more in a month and increase productivity. It's a text expander and personal writing assistant.

  • Give the Modern Selling Podcast a five-star rating and review on iTunes to show support and help the podcast reach a wider audience.

     

29 Aug 2023Mastering Leadership in a Changing Business Landscape with Brad Eisenthuth, #24400:51:37
 

In a world where career paths are often linear and predictable, one man's journey took an unexpected twist. From the rough and tumble world of rugby league to the intricate world of business operations, Brad Eisenthuth's path was anything but conventional. But it was this winding road that led him to discover his true passion: leadership and culture. Now, he uses his unique experiences and broad knowledge to help organizations navigate the complexities of leadership in a rapidly changing business environment. Curious to know how this unexpected twist shaped his perspective and ultimately led him to where he is today? Stay tuned for the surprising revelations ahead.

If you're feeling frustrated and overwhelmed by the constant changes in the business landscape, and finding it difficult to navigate the complexities of leading in such a rapidly changing environment, then you are not alone! Many business leaders like yourself are struggling to achieve the desired results despite their best efforts. They may be relying on outdated strategies and approaches that no longer work, and as a result, they are unable to effectively lead their teams and drive organizational success in this new era.

My special guest is Brad Eisenthuth.

Welcoming the dynamic Brad Eisenthuth, a business leader with a rich and varied professional repertoire. Tracing his journey from a professional rugby player to the realm of executive search and now, entrepreneurship, Brad brings a wealth of knowledge to the table. As the Founder and CEO of The Outperformer, he develops and deploys strategies for global organizations and SMEs, optimizing corporate culture and operational effectiveness. Brad’s approach to leadership is distinguished by his focus on maintaining resourceful thinking amid constant change – a testament to his ability to navigate and lead in an ever-evolving business environment.

Deliberate progress requires creating an environment that fosters engagement, where individuals are motivated to lean into the big questions that drive us forward into the unknown. - Brad Eisenthuth

In this episode, you will be able to:

  • Explore leadership dynamics in a constantly evolving business landscape.

  • Identify the signs of leadership challenges that hinder the achievement of efficient progress.

  • Grasp the impacts of unaddressed biases in leadership roles.

  • Discover how to shape a culture centered on innovation and analytical thinking.

  • Gain insight into motivating initiative and problem-solving among team members.

Explore Leadership Dynamics
Understanding the dynamics of effective leadership is crucial in a rapidly evolving business environment. Leaders have the responsibility to inspire and motivate their teams towards a shared vision. They need to recognize their strengths, biases, and cultural backgrounds to effectively guide their teams, all while adapting their style to match the organization's goals and culture.

Discern Leadership Difficulties
Navigating the complexities of leadership presents various challenges, regardless of the size of the organization. Leaders consistently face the task of making judgments and decisions, emphasizing the need for constant reflection and adaptability. The successful execution of leadership principles differs based on the size of the team, necessitating unique engagement and communication tactics.

Grasp Impacts of Unaddressed Biases
Recognizing and addressing personal biases is paramount for effective leadership. Biases, left unexamined, can hinder growth and negatively impact both the leader and their team’s performance. Committing to self-awareness, embracing curiosity to overcome blind spots, and fostering open communication can effectively mitigate these biases, leading to improved decision-making and ultimately driving the organization's success.

The resources mentioned in this episode are:

  • Visit the website of Vengreso.com to learn more about FlyMSG.io, the free personal writing assistant and text expander application.

  • Check out The Outperformer's website to explore their management consulting services, including corporate culture and business advisory practices.

  • Connect with Brad Eisenthuth on LinkedIn to stay updated on his insights and leadership expertise.

  • Consider reading Brad's book on the development of the CFO to gain insights into the finance function in organizations.

  • Follow The Outperformer on social media platforms like Twitter, Facebook, and Instagram for valuable leadership and strategy content.

  • Sign up for The Outperformer's newsletter to receive regular updates and resources on leadership, strategy, and culture.

  • Explore the resources section on The Outperformer's website to access valuable tools and templates for effective leadership and management.

  • Schedule a consultation with The Outperformer to discuss how they can support your organization in achieving its goals and improving performance.

  • Subscribe to the Modern Selling Podcast to listen to more episodes featuring sales leaders, practitioners, and influencers sharing insights on growing sales numbers at scale.

Timestamped summary of this episode:
00:00:08 - Introduction
Mario Martinez Jr. introduces the podcast and the guest, Brad Eisenthuth, founder and CEO of The Outperformer. They discuss leadership, culture, and strategy.

00:01:38 - About The Outperformer
Brad explains that The Outperformer is a management consulting business with two arms: one focused on corporate culture and the other on business advisory. They work with organizations to improve performance, strategy, and culture.

00:02:50 - Brad's Background
Brad shares his background, including his experience playing rugby league and his transition into executive search and consulting. He emphasizes his passion for helping people and businesses excel.

00:05:45 - Juicy Fact
Mario asks Brad to share something juicy that people may not know about him. Brad reveals that he does not post pictures of his food on social media, despite the trend of food posts.

00:08:06 - Effective Leadership in a Changing Environment
Brad discusses the challenges of effective leadership in a rapidly changing business environment. He emphasizes the importance of motivation, inspiration, and execution in leading teams through change.

00:12:07 - Symptoms of Struggling Leadership
Brad identifies two key symptoms of struggling leadership: lack of results and siloed behavior within departments. He highlights the importance of addressing these issues to promote productivity and collaboration.

00:15:18 - The Importance of Engagement and Environment
The discussion focuses on the significance of engagement and creating a positive work environment. Recognizing signs of defeat and dissatisfaction in employees is essential to assess if they are in the right environment or if changes need to be made to support their engagement.

00:17:49 - Understanding Leadership Culture
The conversation delves into the understanding of leadership culture and how it is defined within different businesses. Business managers and leaders need to have a clear understanding of their leadership style and its impact on their team. The importance of effective communication and creating a supportive environment is emphasized.

00:18:19 - Creating Your Own Leadership Mantra
The discussion explores the possibility of creating a personal leadership mantra within the framework of a defined leadership culture. Each leader's unique background and strengths contribute to their leadership style, and they must use this authenticity to motivate and inspire their team.

00:22:09 - Leadership in Small and Large Organizations
The conversation addresses the differences in leadership between small organizations and large organizations. While the principles of leadership remain the same, the practical implementation and methods may differ. Scaling leadership in larger organizations requires different mechanisms to ensure effective communication and alignment.

00:24:33 - Making Effective Judgments as a Leader,
The importance of making effective judgments as a leader is discussed. Leaders need to reflect on their decision-making processes and assess if their judgments are deliberate and move the team forward. Constant self-reflection and improvement are key to effective leadership.

00:31:08 - Strengths and Weaknesses
It's important to acknowledge our strengths and weaknesses as human beings, and sometimes our strengths can also be weaknesses. We all have biases that shape the way we function, and it's crucial to recognize them in order to be effective leaders and create successful businesses.

00:32:24 - The Effectiveness of Bias
Our bias not only affects our personal lives but also impacts the effectiveness of our businesses. As leaders, we need to understand that our biases and decisions shape our organizations, and it's important to assess whether our biases are still effective or if they need to be addressed.

00:34:41 - Embracing Blind Spots
The blind spots that hold us back are the ones we need to focus on the most. By being curious about our biases and blind spots, we can learn and grow as individuals, which ultimately leads to growth in our teams and businesses. Having a playbook and seeking third-party perspectives can help challenge our blind spots.

00:38:11 - Attracting Different Types of People
As a leader, it's important to attract and empower people who have different styles and perspectives. Some may be more docile and action-oriented, while others may push back and provide valuable feedback. Encouraging open communication and ensuring that team members feel heard and have a voice is essential for success.

00:41:30 - Leadership Style and Ownership,
A good leader knows when to swoop in and swoop out, providing guidance to their team.

00:45:19 - The Importance of Encouraging Great Ideas
Brad discusses the importance of leaders creating an environment where others feel comfortable sharing their ideas and thinking for themselves. He acknowledges that early in his career, he wanted to be the smartest person in the room, but realized that this stifled others' ability to think independently.

00:46:53 - Identifying the Problem
Brad explains that if leaders find themselves as the only ones thinking through processes and considering different possibilities, it could be due to hiring the wrong people, having a personality that stifles growth, or other factors. He emphasizes the need to identify and address the underlying issue.

00:47:51 - Facilitating Ownership and Alignment
Brad discusses the importance of creating a sense of ownership and alignment within teams. He encourages leaders to facilitate open discussions where people can pressure test ideas and offer their thoughts on the process. This fosters intrinsic ownership and leads to more engaged and motivated employees.

00:48:44 - Moving from Blame to Responsibility
Brad highlights the importance of shifting from a blame mindset to one of responsibility and accountability. He emphasizes the need for individuals to take ownership of their work and actively contribute to problem-solving. This mindset, combined with a supportive and empowering leadership style, creates a motivated and inspired team.

00:49:20 - Connecting with Brad
Brad shares that the best way to connect with him is through LinkedIn. He encourages listeners to reach out and connect with him if they have any further questions.

28 Feb 2023Navigating B2B Sales in Uncertain Times with Kate Kesby #23000:46:19
16 Jul 2024From Photo Finisher to Sales Star: Mario Martinez's Journey to Sales Leadership00:35:50
 

Does this sound familiar? Have you been told to spend hours crafting engaging messages and comments on LinkedIn, only to feel like you're not getting the results you want? The struggle to stand out and engage meaningfully can be frustrating and time-consuming. If you've been there, you know the pain of putting in effort and not seeing the impact you hoped for.

Discover the surprising origin story behind Mario Martinez's journey to becoming a sales expert. From an accidental start in a photo finishing job to revolutionizing sales with AI, his story will leave you inspired and wanting more. But what's the untold secret behind his productivity? Find out more in the full podcast episode.

On The Modern Selling Podcast, host Mario Martinez Jr. shares his journey into sales, highlighting his early success and the challenges he faced. He discusses the evolution of FlyMSG from his previous company, Vengreso, and the inspiration behind its creation. Mario emphasizes the value of personalized engagement on LinkedIn and the power of AI in streamlining sales tasks.

His conversation with Joshua Lorimer delves into the significance of utilizing notifications effectively on LinkedIn and the future aspirations for FlyMSG AI and Vengreso. Mario's insights underscore the intersection of sales expertise, technology, and leadership in driving the vision for FlyMSG making this episode a must-listen for sales professionals and leaders who want to boost productivity.

You'll gain valuable insights into leveraging notifications on LinkedIn, the affordability and potential of AI-driven messaging, and the importance of fostering an inclusive culture within organizations. So, grab your headphones and tune in to gain practical wisdom from Mario's journey and the innovative solutions he's developed to revolutionize sales and social media engagement.

If you're a seller, Prospect better and Sell more now with FlyMSG If you're a non-seller, Type less. Do more with FlyMSG. - Mario Martinez Jr.

Mario Martinez Jr., CEO and founder of Vengreso, recounted his unexpected journey into sales during this engaging podcast episode. Reflecting on his early days as a photo finisher at Ritz Camera Centers, Mario shared a pivotal conversation with his regional manager, Hunter Anderson, who astutely recognized his natural talent for sales. This epiphany occurred when Hunter delved into Mario's exceptional sales numbers, revealing his innate ability to connect with customers and solve their problems.

In this episode, you will be able to:

  • Boost Your Sales Productivity with FlyMSG - Learn how to streamline your sales tasks and maximize efficiency with this productivity assistant.

  • Mastering LinkedIn Engagement for Sales Success - Discover the secrets to boosting your sales engagement on the world's largest professional network.

  • Elevate Your Sales Skills with Entrepreneurial Training Techniques - Uncover innovative sales training methods tailored for entrepreneurs to take your business to the next level.

  • Unleashing AI for Sales and Marketing Success - Explore the power of artificial intelligence in revolutionizing your sales and marketing strategies.

  • Mastering LinkedIn Connection Strategies for Sales Professionals - Uncover effective techniques for crafting meaningful LinkedIn connections that drive sales success.

From the humble beginnings of assisting customers with their photo orders, Mario's sales prowess shone through, leading to his transition to a sales associate role. This unexpected turn of events marked the genesis of Mario's illustrious 27-year career in sales, emphasizing the profound impact of recognizing and nurturing innate abilities. Mario's story resonates with the revelation that sometimes, our true calling emerges from unexpected encounters, unveiling hidden talents that shape our future paths.

The key moments in this episode are:
00:00:09 - Introduction to Vengreso and FlyMSG

00:01:45 - Mario's Journey into Sales

00:08:31 - Sales as the Art of Helping

00:11:08 - Unexpected Career Path

00:13:21 - Perseverance and Recognition

00:13:41 - Early Career Challenges and Successes

00:15:20 - Evolution of Vengreso and FlyMSG.io

00:17:32 - From Service-Based to Software-Based Company

00:19:27 - Horizontal Use of FlyMSG

00:25:55 - Streamlining Engagement on LinkedIn

00:28:46 - The Power of Notifications for Prospecting

00:29:35 - The Vision for FlyMSG AI

00:30:51 - Leadership Style and Culture at Vengreso

00:32:55 - Where to Find FlyMSG

00:34:23 - Final Thoughts and Call to Action

Timestamped summary of this episode:
00:00:09 - Introduction to Vengreso and FlyMSG
Mario Martinez introduces Vengreso and FlyMSG, a free personal writing assistant and text expander application. He highlights the purpose of the podcast to help sales professionals grow their sales numbers at scale.

00:01:45 - Mario's Journey into Sales
Mario shares his accidental entry into sales while working as a photo finisher at Ritz Camera Centers. He describes how his sales skills were recognized and how he transitioned from a part-time photo finisher to a top-performing sales associate.

00:08:31 - Sales as the Art of Helping
Mario discusses the pivotal moment when he realized that sales is all about helping customers solve their problems. He emphasizes the importance of genuinely assisting customers and how it has shaped his sales approach throughout his career.

00:11:08 - Unexpected Career Path
Mario reflects on his initial plan to pursue pre-law in college and how he encountered challenges with statistics. He shares a personal anecdote about failing a statistics class and the impact it had on his academic journey.

00:13:21 - Perseverance and Recognition
Mario talks about his perseverance in seeking help with statistics and the surprising recognition he received from his GSI instructor. He shares the unexpected turn of events and the valuable lesson he learned from the experience.

00:13:41 - Early Career Challenges and Successes
Mario shares his experience of struggling with stats in college but excelling in sales, leading to early career success and a six-figure income at a young age.

00:15:20 - Evolution of Vengreso and FlyMSG.io
Mario discusses the founding of Vengreso and the inspiration behind FlyMSG, highlighting the success of their digital sales training program and the development of AI-powered tools to streamline sales processes.

00:17:32 - From Service-Based to Software-Based Company
Mario explains the transition from a service-based company to a software-based company, emphasizing the need for efficiency and time-saving tools in sales processes, leading to the development of FlyMSG, FlyEngage AI, and Flyposts AI.

00:19:27 - Horizontal Use of FlyMSG
Mario discusses the diverse adoption of FlyMSG beyond sales, including its usage by professionals in various industries, showcasing its versatility and impact on productivity.

00:25:55 - Streamlining Engagement on LinkedIn
Mario delves into the importance of engaging with prospects on LinkedIn, the role of commenting in increasing visibility, and the introduction of Flyposts AI to simplify the creation of thought leadership content for LinkedIn.

00:28:46 - The Power of Notifications for Prospecting
Mario discusses the power of notifications in getting in front of prospects on LinkedIn. Trigger events, such as profile views, give permission to continue reaching out.

00:29:35 - The Vision for FlyMSG AI
Mario shares the vision for FlyMSG AI as a super productivity app for creating engagement with target audiences. The tool is affordable for individuals and offers various features for enterprise organizations.

00:30:51 - Leadership Style and Culture at Vengreso
Mario talks about fostering an inclusive culture and encouraging excellence at Vengreso. The future aspirations involve making an impact with the vision of FlyMSG and its various capabilities.

00:32:55 - Where to Find FlyMSG
Mario directs listeners to FlyMSG.io to learn about FlyMSG and Vengreso. He also invites personalized connection requests on LinkedIn and shares additional resources for sales teams and individuals.

00:34:23 - Final Thoughts and Call to Action
Mario encourages sellers and non-sellers to use FlyMSG to sell more and do more with less typing. He wraps up by thanking the audience for the listen.

Want to increase your productivity by saving 20 hours a month and boost your sales engagement? We've got the solution to help you achieve just that. Let's dive into the game-changing productivity tool that's revolutionizing the way sales professionals work.
FlyMSG, the productivity assistant that is the ultimate game-changer for boosting efficiency and meaningful engagement in sales tasks. It's time to take your productivity to the next level.

Mario Martinez Jr., the visionary behind Vengreso and FlyMSG.io, shared an intriguing anecdote about his unconventional entry into the world of sales during this recent podcast episode. Recalling his days at Ritz Camera Centers, Mario vividly recounted a pivotal conversation with his regional manager, Hunter Anderson. This insightful exchange unveiled Mario's natural flair for sales, as Hunter scrutinized his remarkable sales figures and recognized his innate ability to empathize with customers and provide effective solutions.

Mario's journey, from a part-time photo finisher to a sales associate, highlights the profound impact of recognizing and nurturing innate talents. This captivating narrative delves into the idea that sometimes, our true calling unfolds unexpectedly, revealing latent abilities that shape our professional trajectories. Mario's story serves as a testament to the transformative power of recognizing and leveraging inherent skills, leading to an inspiring career journey that resonates with aspiring sales professionals.

The resources mentioned in this episode are:

  • Connect with me on LinkedIn and send a personalized connection request mentioning this podcast episode.

  • Visit FlyMSG.io to learn more about FlyMSG AI and its features for sales teams and individuals.

  • Check out Pvcsalesmethod.com for more sales resources and insights.

  • Explore MoreSalesCalls.com for additional sales tools and strategies.

  • Download FlyMSG for free at FlyMSG.io to save 20 hours or more in a month and increase your productivity.

18 Jun 2024Supercharge Your Sales Cadence with AI-Assisted Prospecting00:57:22
 

Struggling to book more sales meetings and increase productivity? Tired of ineffective prospecting methods that don't yield results, leaving you feeling frustrated and overwhelmed? If you're ready to boost your productivity and engagement, it's time to discover the game-changing AI tool that's transforming sales workflows. Join us as we uncover the secrets to streamlining your sales process and boosting your results.

Want to know how to supercharge your sales productivity and engagement? We've got the solution for you to achieve just that. Let's dive into the game-changing AI tools that will skyrocket your sales success. Sound good?

In this episode of The Modern Selling Podcast, Mario Martinez Jr. dives into the benefits of using AI to enhance sales productivity. Mario draws from his extensive 27 years of experience in B2B sales to shed light on the challenges faced by sales teams and the potential of AI in addressing these obstacles. He emphasizes the importance of personalization and value-driven engagements in the prospecting process, urging sales professionals to prioritize referrals and relationship-building. Mario also delves into the role of AI in streamlining workflows, highlighting the need for a balanced approach that leverages technology while maintaining human-to-human interaction. Throughout the episode, Mario shares practical insights and actionable strategies, making it a valuable resource for sales professionals looking to boost their productivity with AI. Whether you're seeking to refine your prospecting efforts, optimize sales engagement, or explore the possibilities of AI in sales, this episode offers a fresh perspective and practical advice to help you elevate your sales game.

Was it 50% closer than where you were at? If so, keep on doing it. Save on productivity. Worth it. - Mario Martinez Jr.

In this episode, you will be able to:

  • Master Effective B2B sales prospecting strategies to land more high-quality leads.

  • Enhance Sales productivity using AI for increased engagement and streamlined workflows.

  • Build a successful digital sales playbook for staying ahead in a technology-driven market.

  • Personalize sales outreach to foster stronger connections and drive better results.

  • Leverage LinkedIn for sales prospecting to tap into a goldmine of potential leads.

 

The key moments in this episode are:
00:00:08 - Introduction to FlyMSG and the Modern Selling Podcast

00:02:51 - Mario's Background and Vengreso's Success with FlyMSG

00:08:27 - The Number One Challenge in B2B Sales Prospecting

00:10:59 - The Impact of Scaling and Personalization on Prospecting

00:14:07 - The Perfect Playbook for Prospecting

00:15:30 - The Role of LinkedIn in Modern Networking

00:17:25 - The Omnichannel Approach to Communication

00:19:38 - The Importance of Personalization

00:22:59 - The Pitfalls of Generic Email Templates

00:27:55 - Enhancing Productivity in Sales Communication

00:29:41 - The Role of AI in Sales Tools

00:31:09 - Human-Assisted AI

00:33:24 - The Importance of Value in Messaging

00:35:40 - Omnichannel Prospecting and LinkedIn Engagement

00:43:47 - The Role of Content in Prospecting

00:44:07 - Social Media Engagement and Algorithm

00:45:08 - Leveraging LinkedIn for Connection

00:46:36 - Engaging with Reps

00:48:36 - Thought Leadership and AI

00:54:27 - Connecting with Mario

Timestamped summary of this episode:
00:00:08 - Introduction to FlyMSG and the Modern Selling Podcast
Mario Martinez Jr. introduces FlyMSG.IO, a personal writing assistant and text expander application. He also previews the conversation with Daniel Bonds on the modern selling podcast.

00:02:51 - Mario's Background and Vengreso's Success with FlyMSG
Mario shares his extensive background in B2B sales and the success of Vengreso's FlyMSG software, including recent funding. He also discusses the growing popularity of FlyMSG in Brazil.

00:08:27 - The Number One Challenge in B2B Sales Prospecting
Mario highlights the biggest challenge in B2B sales prospecting, which is getting the first appointment. He discusses the difficulties in scaling, personalization, and productivity in prospecting efforts.

00:10:59 - The Impact of Scaling and Personalization on Prospecting
Mario explains how scaling and personalization play a crucial role in effective prospecting. He emphasizes the need for personalized, referral-based outreach to cut through the noise and engage potential buyers effectively.

00:14:07 - The Perfect Playbook for Prospecting
Mario outlines the perfect playbook for prospecting, emphasizing the importance of starting with a referral instead of traditional email, phone call, or LinkedIn connection requests. He provides insights into the key steps for effective prospecting.

00:15:30 - The Role of LinkedIn in Modern Networking
Mario discusses the importance of utilizing LinkedIn as a modern Rolodex for networking and making digital referrals. He emphasizes the need to leverage mutual connections and outlines a process for initiating a digital referral.

00:17:25 - The Omnichannel Approach to Communication
Mario explains the significance of an omnichannel approach in communication, including email, phone, LinkedIn, and text messaging when appropriate. He emphasizes the importance of personalization in communication and the need to tailor messages to the individual or buyer persona.

00:19:38 - The Importance of Personalization
Mario delves into the critical role of personalization in sales communication and highlights the need for hyper-personalization in the initial message. He stresses the importance of personalizing to the individual to demonstrate understanding and knowledge of the recipient.

00:22:59 - The Pitfalls of Generic Email Templates
Mario discusses the pitfalls of generic email templates and the need for personalization in sales communication. He emphasizes the impact of personalized messages and the significance of addressing the specific business problems of the recipient.

00:27:55 - Enhancing Productivity in Sales Communication
Mario addresses the productivity challenges in sales communication and the inefficiencies caused by disparate messaging sources. He emphasizes the need for a streamlined approach to messaging and the role of technology in enhancing productivity in sales communication.

00:29:41 - The Role of AI in Sales Tools
Mario discusses the abundance of AI sales tools available, emphasizing the importance of using AI to augment rather than replace human effort in sales.

00:31:09 - Human-Assisted AI
Mario introduces the concept of human-assisted AI, emphasizing the need for AI to assist and augment sales reps rather than replace them entirely.

00:33:24 - The Importance of Value in Messaging
Mario highlights the importance of bringing value to sales conversations and emphasizes the need to lead to the solution, not lead with the solution.

00:35:40 - Omnichannel Prospecting and LinkedIn Engagement
Mario discusses the power of omnichannel prospecting and shares insights on how LinkedIn engagement can drive content visibility in newsfeeds.

00:43:47 - The Role of Content in Prospecting
Mario emphasizes the need for sales reps to publish content and introduces Flypost AI as a tool to streamline content creation for sales prospecting.

00:44:07 - Social Media Engagement and Algorithm
Mario emphasizes the importance of using social media effectively, especially on LinkedIn. He highlights the need to understand the algorithm, engage with connections, and leverage AI to streamline the process.

00:45:08 - Leveraging LinkedIn for Connection
Mario discusses the strategic use of the follow button on LinkedIn, emphasizing the potential impact of notifications and emails generated through this action. He highlights the value of triggering events and using LinkedIn to create curiosity.

00:46:36 - Engaging with Reps
Mario addresses the common issue of reps not engaging effectively. He advocates for more meaningful interactions beyond simply liking posts and introduces the concept of using AI to craft thoughtful and personalized replies.

00:48:36 - Thought Leadership and AI
Mario demonstrates the use of AI to create thought leadership content. He emphasizes the role of AI as an augmentation tool, noting the need for human intervention to ensure contextual relevance and alignment with the seller's tone of voice.

00:54:27 - Connecting with Mario
Mario shares where to connect with him, highlighting the importance of personalized connection requests on LinkedIn. He also points to resources for further learning and engagement with the fly message platform.

Master Effective B2B Sales Prospecting
Effective B2B sales prospecting is crucial for sales success, with the first meeting being the most challenging part of the process. Sales professionals face difficulties related to scaling, personalization, and productivity in prospecting efforts. Shifting towards a referral-based prospecting approach can significantly improve success rates in booking meetings and driving sales growth.

Uncover the Power of AI
AI tools offer immense potential for augmenting sales productivity and efficiency. Leveraging AI to streamline workflows and enhance engagement can save time and assist sales reps in reaching their goals. Finding the balance between technology and human interaction is key to effectively utilizing AI in sales prospecting.

Unlock the Secrets to Building Connections
Building meaningful connections with potential clients is essential in modern selling. Personalized and value-driven engagements should be prioritized to establish relationships and drive sales growth. Utilizing AI tools like 'Fly Message' can assist in generating engaging content and accelerating productivity in building connections on social media platforms.

The resources mentioned in this episode are:

  • Connect with Mario Martinez Jr. on LinkedIn and send a personalized connection request mentioning the Playbooks 2024 conference in Brazil.

  • Visit flymsg.io to explore and download FlyMSG, a free text expander and personal writing assistant to save 20 hours or more in a month and increase productivity.

  • Check out the Modern Selling Podcast hosted by Mario Martinez Jr. for valuable insights and strategies on modern selling.

  • Go to vengreso.com to access the FlyMSGSales Pro Plan for individuals and explore enterprise team support, layered training programs, and on-demand learning for prospecting.

12 Oct 2021The New Wave of Modern Sales Engagement with Michael Labate, #18700:49:43

Sinking time and money into outdated sales techniques is why so many organizations are struggling to increase their results. 

That’s why the question should shift to focus on how to implement the most cutting-edge sales tools to identify prospects faster and nurture deeper relationships.

My guest in this episode of The Modern Selling Podcast is a tech-savvy sales leader who has his finger on the pulse of modern sales in the digital age.

Make sure to tune into my in-depth conversation with the one and only Michael Labate to get a digital front row seat to the incredible social selling tools, strategies, and insights he’s using to 3x the sales conversations of his team.

Michael Labate, North American President of Intellias has a remarkable career spanning over two decades in various industries including Technology, Banking, and Sales & Marketing, serving midsize and large enterprise clients. 

Combining his extensive business background with his Executive MBA from Northwestern University’s Kellogg School of Management, Michael was instrumental at SAP, and, now Intellias, in establishing profitable revenue-enabling and revenue-generating business activities across regions with a focus on digital sales strategy, innovation, go-to-market, and operational excellence.

The incredible insights Michael shares in this episode are exactly what sales leaders need to quickly gain an insider's advantage to master the art of social selling.

Download this episode so you can hear how mastering social selling can land sales teams 100% better leads for 50% of the cost.

How to adapt to remote selling the right way.

The pandemic has changed how sales leaders are approaching customer touchpoints, for the first time in some organizations. 

So, I was curious to know what Michael has seen emerging in this space and what Intellias, a global enterprise, has done to adapt to remote selling.

Michael shares, “If the pandemic did anything, it accelerated what I call social selling – it's broader than just social – it also includes the social tools and technologies behind doing this… For Intellias, it was a major adaptation we had to make. There was some of this in place, but never implemented in the North American market.”

Even for sales teams with large technology budgets, it can be challenging to make that shift to more social-driven outreach in the current virtual selling world.

Plus, without the right digital transformation training, many sales leaders have a host of remote sales tools and strategies but lack the clear vision to know how to execute.

Michael encountered a similar challenge with moving Intellias into leveraging social selling. He solved that with mandatory sales leadership training, like the courses we offer here at Vengreso, for example, our Modern Sales Mastery program.

“We had to establish baselines to see how well we were actually doing. We noticed very quickly, with doing online engagement, that being proactive and moving the conversation from email or phone call to social platforms that we started seeing a significant uplift in our results. But, we had to invest in training first.”

Tune into the full episode to hear what Michael recommends that sales leaders and executives do before making the remote selling leap.

Does remote selling work for every customer segment?

At Vengreso, we always promote hyper-personalization in sales – no matter the client, like we do following our PVC sales methodology. And, I was curious to hear Michael’s approach and if he saw Intellias moving back toward using more traditional sales methods, at some point in the future.

His answer is exactly why selecting the right sales strategy for your customer segments is so important.

“We have both SMB and enterprise clients. On the SMB side, social selling drives these important interactions, especially since we are doing a lot of cross-border outreach. But, on the enterprise side, the initial outreach is not happening on LinkedIn, it's happening very differently…”

Listen to the episode (particularly around the 15-minute mark) to hear Michael’s actionable advice on how to approach enterprise prospects in the digital age to consistently nail sales meetings.

What are sales leaders really missing?

Sales data proves that the fastest way to get into someone’s office is not through a cold call or a cold email, but rather through a referral.

Yet, despite 60% of referrals resulting in a sales conversation, it always amazes me how many sales leaders don't start an outbound cadence with the referral.

This is such an important sales tool that so many teams aren’t using that could powerfully move the needle on their company’s growth.

At Vengreso, our longest article is about prospecting and it outlines why the first step of any outbound cadence must be securing a digital referral. 

After all, why go after new business with cold outreach, when you can easily tap into the network you have at your fingertips?

I wanted to pick Michael’s brain and see what he believed was holding sales leaders back from using the power of referral.

His insight was very telling, “When I ask sales leaders this same question, I often hear that it takes time to try to find that referral… sales executives are up against quota, so they’d rather ‘spray and pray’ because they think it’s easier or faster.”

That’s why Michael highly recommends that sales leaders take a very unique approach to get better sales referrals

Check out the episode to hear the strategy Michael uses to get more quality referrals – in less time.

How do you win the cold outreach game?

I knew if anyone could answer this question, it would be Michael. In our conversation, I asked him to share some of the data he’s collected within a global sales engine that points to what’s really working in cold outreach.

Because I’m always surprised when I speak to experienced sales leadershow much emphasis they place on the number of dials they can make in a day. That’s not what we consider modern selling at Vengreso. 

Instead, we focus on targeting specific accounts, with varied buyer personas and using that to make hyper-personalized outreach to a highly selective group.

The data Michael shares validates that point too, “We tracked the likelihood that an outreach method would produce a strong lead over an entire year. The data says it all. Our cold calls had a 0.15% success rate, generic automated emails bumped up to 0.3%, highly personalized emails jumped up to 1% success rate, but LinkedIn was closer to 2.5-3%!”

This new discussion around social selling is so powerful and immediately relevant for ALL sales leaders.

We dive deeper into conquering cold outreach on LinkedIn throughout this entire episode. So, make sure to tune in to hear Michael’s approach to social selling and how you can use it to consistently book more sales meetings.

What’s the modern selling wave of the future?

Almost by accident, Michael shared this powerful statistic, “This method was 50% cheaper but it  produced 100% more inbound responses.”

So, naturally, I had to know what he was referencing.

Michael calls it intent- or signal-based outreach and according to his results, it is THE best way to win the remote selling game.

His approach to intent-based outreach follows five key steps:

  1. Identify a source to provide intent-based data.
  2. Look for trends in who is searching on key parameters.
  3. Based on the data, put these contacts into an immediate outreach sequence.
  4. Leverage integration tools to target these audiences with specific sales messaging.
  5. Follow-up with personalized messages that speak to the pain points (that you know they have).

In today’s technology-driven world, it seems like a straightforward framework to follow, especially when you deploy tools like Bombora and Zoominfo.

When you look closely at the sales data – intent-based outreach becomes even more of a no-brainer approach to at least try. 

According to Michael, “When you use this targeted approach and reach out with messages that are hyper-personalized to people that you know have a problem that you can solve, then I’ve seen response rates shoot up another 1-2%.” 

But, this is just the tip of the social selling iceberg.

Listen to the entire episode to hear Michael’s top 10 must-have sales tools that he’s used to quickly expand Intelllias into North America and beyond – using powerful social selling. 

If you get anything out of this episode, the 10 minutes on this topic alone is well worth the listen!

25 Jan 2022Three Methods for Better Prospecting with Mario Martinez Jr., #19800:31:34

The science of getting to the first “hello” has become a must-know skill for today’s modern seller. With so many marketing and sales distractions, coupled with the plethora of options the modern buyer has at their fingertips – the “spray and pray” method of prospecting is quickly becoming obsolete.

In this episode of the Modern Selling Podcast, we switch things up and share a recent conversation I had with Greg Reffner in his podcast, The Abstrakt Podcast. We dive deep into the state of prospecting to explore what’s working, what’s not, and how modern sellers can leverage innovative new techniques to reach more prospects on the platforms they use.

Make sure to download and listen to the full episode to get a front row seat to the winning prospecting strategies we use, here at Vegrenso, to get more hellos.

What’s the current state of prospecting?

In this new digital world, selling has become harder than ever before. To better understand the current challenges facing today’s sales leaders, we asked 1,295 sales professionals a simple, yet powerful question:

What is the hardest part of the sales cycle? 

Over the past 2 years that we have asked this question, the hardest part of the sales cycle has consistently been: prospecting. In fact, according to our October 2021 survey, 69% of sellers say that getting the first sales conversation is the most time-consuming part of the entire sales cycle.

This reveals that we have a major problem when it comes to sellers being able to earn the right to even get a response back from a prospect.

Join the conversation to hear what new sales enablement tools that I recommend sales leaders use to improve the prospecting of their sales teams.

Why is prospecting so hard?

With prospecting being the most challenging part of the sales cycle, the question then becomes: why is this the case?

In my 25 years in B2B sales, I’ve found that there are a few reasons why prospecting is so challenging for today’s modern seller:

  1. More tech does not mean more success. Sales enablement leaders are very quick to invest in more sales tools to help increase prospecting success. However, without the right sales training and support, sales teams will still struggle to make quota. The key isn’t in getting the latest sales tool, it is in how sales leaders and sales reps are trained to use that tool effectively.
  2. Prospects are increasingly more distracted. With the average person receiving 5,000 marketing messages a day, our prospects have become numb to what I refer to as “digital pollution”. From the many emails, text messages, social media DMs, and phone calls, it’s hard to stand out from the growing sales crowd that is vying for your prospect’s attention.
  3. Lack of personalization. With information coming at our prospect from all directions, they’re able to spot a sales pitch a mile away. That’s why personalization has become so important to break through the white noise in their inbox. The days of using generic, impersonal cold outreach messages are gone, and sales leaders must train their teams to know exactly how to craft personalized messages to get people to want to open and read them.

Listen in to the conversation to hear the specific personalization strategy I share that could be an absolute game-changer for your sales team.

How to Master the Art of Prospecting

Even just two years ago, how we prospected was almost completely different. The COVID-19 pandemic has ushered in a whole new virtual selling environment that so many companies have been slow to adapt to.

Many people are working remotely, so getting someone on the phone has become even more challenging.

Even the level of technology your prospect has access to, to prevent calls and sales emails, has exploded. People can re-route unknown phone numbers to voicemail or block them altogether and SPAM filters have become sophisticated enough to prevent your outreach messages from reaching your prospect’s inbox.

That’s why to sell to today’s modern buyer, you need to master a very different approach. Sales reps have to be willing to meet their B2B buyers where they are, on the platforms they choose to interact on. For example, some buyers may be more responsive via email, others may prefer to communicate through LinkedIn messenger (or even leaving LinkedIn voice messages), and others may be easier to reach by phone. The point is that sales organizations have to understand this new cluttered sales space we’re in and be flexible to accommodate the modern buyer’s communication preferences.

Tune into the full discussion and listen for the eight different connection points sales teams need to be focusing on to reach prospects.

The Three Steps of Effective Prospecting

To reach and engage with the modern B2B buyer, sales teams must follow a proven prospecting formula. It’s not about sending out more emails or more messages because what really moves the needle is to send the right messages, written in the right way, that will speak to your prospect’s pain points in a new way.

At Vengreso, we teach the PVC Sales Methodology for Prospecting that shows sales teams how to master the art of cold outreach. We emphasize the importance of quality over quantity, so that sales organizations can get the most out of their prospecting efforts. The strategy of sending out hundreds of generic messages or making hundreds of cold calls won’t help you get traction with today’s modern buyer.

Instead, to attract and engage with B2B buyers effectively, I strongly advocate using the PVC Method of: personalization, value, and call-to-action in every sales message that is sent to all of your prospects. 

When your sales team knows how to personalize messages and include value-driven content in not just what they send to prospects, but also in what they post on social media, then you will be able to attract prospects that want and need what you have to offer.

So, no matter if you focus on sales calls, emails, or social selling – using the PVC approach will help to increase the level of engagement and responses from your prospects. 

Listen to the conversation and hear the highly tailored prospecting methods Vengreso’s sales team uses to increase our sales pipeline and prospect better (and faster)!

03 Nov 2022Sales Innovation Paradox with Dr. Howard Dover, #22000:52:16

With the sales enablement industry exploding, why is it that B2B and B2C companies still struggle to hit quota?

The answer isn’t at all what we would expect. Because despite all of the sales technologies, improved sales methodologies, advanced sales training – there still seems to be a disconnect between how modern sellers sell and how modern buyers buy.

But, how do sales leaders effectively close this gap is quickly becoming a hot button topic in the sales community. And, addressing what this all means, why there is a widening gap, and how to efficiently turn the sales tide are exactly the areas of expertise of this episode’s guest, Dr. Howard Dover.

Dr. Howard Dover is the Founder and Director of the Center for Professional Sales at the University of Texas at Dallas, renowned speaker, and the Amazon best-selling author of The Sales Innovation Paradox: Harnessing Modern Methods for Optimal Sales Performance.

Over the past decade, he has trained some of the top entry-level sales producers and regularly shares his findings and modern methods via various conferences and publications.

Before working in academia, Dr. Dover founded several companies, including a sales contracting company that he operated for a decade. During his start-up years and government work, he developed the ability to harness technology to increase both the efficiency of business processes and the effectiveness of sales efforts.

Download this episode of the Modern Selling Podcast to hear Dr. Dover’s impactful insights and recommendations to sales leaders to close the gap.

What is the sales innovation paradox?

I wanted to kick off our discussion with a term that many aren’t familiar with. Over the past three years, no one will argue that we have seen a radical shift in how selling is done.

With the pandemic, pushing modern sellers to embrace more virtual selling options, the number of tools at sales professional’s disposal has dramatically increased. Yet, sales haven’t followed the same trend. Which is why I always say, “a fool with a tool is still a fool.”

I wanted to get Dr. Dover’s take and better understand what this sales paradox is, how it started, and the implications it could have on the buying/selling process.

His unique perspective is quite telling, “How is it possible that we live in a day where we have technology that was designed to make us better at sales, and yet somehow we find ourselves in a place where we are decidedly worse at selling. That is the Sales Paradox. When we look at the research, buyers overwhelmingly are saying they want a sales rep free experience. But, we keep pushing for more and more sales reps to sell.”

I’ve seen the same trend in the industry over the past few years. Like The Sales Paradox asserts, the number of SDRs has increased by 1,300%, but their productivity and success rates are dismal at best.

In other words, customers have gotten smarter about buying faster than sellers have gotten smarter at selling. And, this isn’t unique for a particular industry. This is a growing trend that is on pace to continue to worsen, if left unaddressed.

Listen to the full conversation to hear what sales leaders could be doing to make matters worse and what they should be doing instead to drive more sales conversations.

How can sales reps book more sales calls?

If there is a sales paradox at play that isn’t leading to more sales, then how can sales reps truly book more calls with prospects?

Here at Vengreso, we have a very specific method that we follow to personalize all of our outreach messages to increase the chances of building an authentic relationship with potential customers.

Many sales reps take the ‘spray and pray’ approach and bombard prospects with lots of generic messages that don’t speak to their direct pain points or needs.

I wanted to hear Dr. Dover’s insights as they relate to what he believes is the “secret sauce” to move the sales needle.

What he shares was very interesting, “We're giving the customer a phenomenal opportunity to go find defensive mechanisms to run and hide because the sales messaging they’re receiving is extremely irrelevant to what they need. What sales reps need to be doing is building relevance into their messages. That’s why doing your research before you reach out is so key. Then you’ll know more about your prospect and can add that into your outreach to increase your chances to get a response back.”

Relevance, like Dr. Dover mentions, is a key part that seems to be missing from the sales motion. With prospects receiving thousands of sales and marketing messages, mastering how to stand out is science. And, building in relevance and personalization is critical to landing a sales meeting.

What is a sales disrupter?

When it comes to excelling in sales, it often takes unconventional ways. Dr. Dover coined the term “sales disrupter” and I was curious to know what traits embody that title.

“A sales disrupter is somebody that doesn't follow the classic Sales Machine. They’re willing to break the mold and try new things to personalize and customize the sales experience for potential customers.”

This innovative thinking is so important, especially in today’s day and age when prospects are leery of getting put into a sales funnel and being aggressively sold to.

Dr. Dover finds that sales disrupters do two things extremely well:

  • They look for new ways to authentically connect with and engage prospects and customers to build lasting relationships.
  • They leverage sales technology to enhance their relationships, after they’ve personally nurtured it.

Be sure to download and listen to the full conversation to learn how you can cultivate sales disrupters in your organization to improve sales.

This episode of the Modern Selling Podcast is brought to you by Korn Ferry. Korn Ferry

transforms sales teams using their world-class Miller Heiman, methodology, employee

assessments, benchmarking and talent advisor capabilities to increase win rates and quota attainment. Korn Ferry offers Korn Ferry Sell, a sales effectiveness app available in App Exchange and app source that helps your sales team develop and replicate powerful sales strategies that help sellers win more deals and crush their quotas. Learn more at kornferry.com/saleseffectiveness

26 Sep 2023Boost Your Sales Performance: Strategies to Overcome Stalled Deals with Ryan Maggio, #24700:47:55
 

If you're feeling frustrated and defeated because your attempts to close deals are constantly getting stalled, then you are not alone! It can be disheartening when you put in all the effort but still face resistance from prospects who are not moving forward. Despite your best efforts to engage and persuade, you might be experiencing a lack of commitment or a fear of making decisions from your potential clients.

This is Ryan Maggio's story:

Ryan Maggio's journey is a tale of resilience and growth. A Silicon Valley native, he had a unique start in the corporate world. As a young man, he cleverly navigated a loophole in his college's reimbursement program, managing to save and invest in experiences that would shape his future. This early display of entrepreneurial spirit was a sign of his grit, a quality that would serve him well in his future role in Xactly, a leading software company. Here, he weathered the company's evolution, from its initial VC funding stages to its private equity ownership. The fluidity of the company, coupled with his own dynamism, allowed him to thrive in an ever-changing ecosystem. Ryan's understanding of stalled deals and the challenges faced by sales professionals was born not just from his experiences but also from his passion for understanding the intricacies of the field.

You have to retrain the mind of how do I go sell right now? How do I go in and drive value, get that person to open up? What is your fear? Because if you tell me what you're apprehensive about, it can be a little bit different of an experience. - Ryan Maggio

My special guest is Ryan Maggio

Introducing Ryan Maggio, a stalwart in intelligent revenue sales with a notable career spanning nearly 15 years at Xactly Corporation. Rising from an individual contributor to his current position as Vice President of North American Sales, Ryan's career trajectory is commendable. He has been a pivotal force during the venture-capitalist backed early days, the IPO phase and the current private equity-owned era of the company. His acumen in driving value sales and deep-rooted understanding of dealing with common sales hurdles such as stalled deals sets him apart. Ryan’s insights on navigating turbulent selling environments and thoughtful engagement strategies are truly enriching.

In this episode, you will be able to:

  • Discover effective tactics to troubleshoot stale deals and navigate through the intricate labyrinth of sales obstacles.

  • Uncover unique methods to mitigate buyer apprehensions and successfully interact with the decision-making hierarchy.

  • Learn how to deploy a powerful multi-faceted approach and showcase rapid value realization to win prospects.

  • Realize the critical role of team synergy and how tools like Fly Engage can be a game-changer in your sales journey.

  • Gain insights into proactive measures to prevent deal stagnancy and guarantees customer delight. List 2:

 

The key moments in this episode are:
00:00:08 - Introduction,

00:01:14 - Get to Know Ryan Maggio,

00:04:24 - Juicy Fact About Ryan,

00:06:45 - Causes of Stall Deals,

00:10:21 - Selling to the Right Level,

00:15:42 - Getting Ahead of Churn,

00:16:19 - Addressing Stalled Deals,

00:19:40 - Identifying and Preventing Stalled Deals,

00:22:17 - Transparent Communication and Mutual Action Plans,

00:25:59 - Driving Accountability and Next Steps,

00:29:59 - Leveraging LinkedIn Connections,

00:31:21 - Understanding the Buying Committee,

00:33:01 - Utilizing LinkedIn Company Page Followers,

00:36:58 - Leveraging AI and ML for Sales Coaching,

00:39:18 - Tying Commissions to Discounts,

00:44:12 - Connecting with Ryan Maggio,

00:45:07 - Connecting with Ryan Maggio on LinkedIn,

00:45:39 - Ryan's All-Time Favorite Movie,

00:46:08 - Finding Common Ground with Kids,

00:47:14 - Closing Remarks,

Timestamped summary of this episode:
00:00:08 - Introduction,
Mario Martinez Jr. introduces himself as the CEO and founder of Vengreso and the host of The Modern Selling Podcast. He introduces his guest, Ryan Maggio, the VP of North American Sales at Xactly Corporation, and mentions that they will be discussing stalled deals.

00:01:14 - Get to Know Ryan Maggio,
Ryan Maggio shares his background and experience at Xactly Corporation, where he has been for almost 15 years. He talks about the company's evolution from a commissions vendor to an intelligent revenue platform.

00:04:24 - Juicy Fact About Ryan,
Ryan Maggio reveals that he essentially got paid to go to college through a reimbursement program at the Apple retail store he worked at. His parents didn't know that he was getting reimbursed for his college tuition fees while living at home.

00:06:45 - Causes of Stall Deals,
According to Ryan Maggio, the majority of stalled deals are caused by the lack of engagement and failure to sell value. In a good time selling motion, sellers focused on value, but now buyers have a fear of messing up and require more engagement and understanding of their apprehensions.

00:10:21 - Selling to the Right Level,
Ryan Maggio emphasizes the importance of selling value to the right level in the organization. Getting buy-in from the CFO or engaging with the office of the CFO is crucial for deal approval. It's necessary to build relationships and understand the power dynamics within the organization.

00:15:42 - Getting Ahead of Churn,
The guest discusses the importance of customer satisfaction and renewal even before a deal is signed, emphasizing the need to engage the right team to give customers confidence.

00:16:19 - Addressing Stalled Deals,
The guest suggests engaging prospects with relevant information such as recent earnings releases or LinkedIn activity. They also emphasize the importance of understanding the customer's objectives and initiatives to craft personalized messaging and reengage stalled deals.

00:19:40 - Identifying and Preventing Stalled Deals,
The guest mentions the use of technology to monitor prospect engagement and search activities. They also highlight the importance of ongoing communication, qualifying the prospect's commitment, and using mutual action plans to prevent stalled deals.

00:22:17 - Transparent Communication and Mutual Action Plans,
The guest emphasizes the need for transparent communication, setting clear expectations, and establishing mutual action plans with prospects. They stress the importance of accountability and ongoing qualification to prevent deals from stalling.

00:25:59 - Driving Accountability and Next Steps,
The guest discusses the importance of driving accountability by setting up clear next steps and follow-up meetings during sales interactions. They highlight the need for both reps and customers to take action and fulfill their commitments to keep deals progressing.

00:29:59 - Leveraging LinkedIn Connections,
Ryan discusses the importance of leveraging LinkedIn connections to gain valuable introductions and insights. He highlights the need to go beyond the main point of contact and reach out to other individuals in the organization to gather information and determine if the deal is worth pursuing.

00:31:21 - Understanding the Buying Committee,
Ryan emphasizes the importance of understanding the entire buying committee associated with an opportunity. He shares the advice he received from his mentor to go two levels up, two levels down, and one to the side to identify key individuals who may have influence in the decision-making process.

00:33:01 - Utilizing LinkedIn Company Page Followers,
Ryan reveals a valuable technique of utilizing the followers of a company's LinkedIn company page. By sorting and searching followers, sales professionals can identify potential members of the buying committee and engage with them to strengthen their network and gather insights.

00:36:58 - Leveraging AI and ML for Sales Coaching,
Ryan discusses how his company's solution, Xactly, utilizes AI and ML technology to provide valuable insights and coaching for sales professionals. The solution analyzes various data points, such as email and conversation language, to identify areas for improvement and drive momentum in deals.

00:39:18 - Tying Commissions to Discounts,
Ryan highlights the importance of tying commissions to discounts offered during the sales process. By showing sales professionals the financial impact of their discount decisions, they can make more informed choices and prioritize value-driven negotiations.

00:44:12 - Connecting with Ryan Maggio,
Mario asks Ryan the best way to connect with him, and Ryan suggests using LinkedIn or email. He is open to discussing various topics such as stalling deals, forecasting, and commissions. Mario also comments on the confusing branding of different social media platforms.

00:45:07 - Connecting with Ryan Maggio on LinkedIn,
Mario provides Ryan's LinkedIn profile information and advises listeners to send a personalized connection request message. He encourages listeners to mention that they heard Ryan on the Modern Selling podcast to establish a connection.

00:45:39 - Ryan's All-Time Favorite Movie,
Mario asks Ryan about his all-time favorite movie. Ryan mentions that his favorite movie changes over time but currently he enjoys watching "Rookie of the Year" with his son, who loves baseball.

00:46:08 - Finding Common Ground with Kids,
Mario and Ryan discuss the movies they watch with their children. They both enjoy watching movies that resonate with their kids, particularly sports movies. Mario shares his recent experience of watching "Big" with his children.

00:47:14 - Closing Remarks,
Mario thanks the listeners for tuning in and encourages them to leave a five-star rating and review for the Modern Selling podcast on iTunes. He also promotes FlyMSG, a text expander and personal writing assistant tool, and signs off with a message of good selling.

Mitigate Buyer Apprehensions
Mitigating buyer apprehensions, as Ryan puts forward, necessitates an anticipatory approach towards understanding potential risks and problems from the client's perspective. By engaging in absolute honesty and direct queries about what could deter them from closing the deal, sales professionals can proactively prevent obstacles. This fosters a sense of reliability, reaffirming customer trust and validating the salesperson's commitment to making the deal successful.

The resources mentioned in this episode are:

  • Check out FlyMSG.IO, the free personal writing assistant and text expander application created by Vengreso.

  • Listen to The Modern Selling Podcast hosted by Mario M. Martinez Jr., featuring sales leaders, practitioners, and influencers sharing insights on growing sales numbers at scale.

  • Learn more about Xactly Corporation, a leading provider of intelligent revenue platforms for sales forecasting, sales planning, and commission execution.

  • Explore the revenue enablement solutions offered by Xactly Corporation to drive value and solve business problems for your organization.

  • Access the report conducted by LinkedIn on the causes of stall deals and the challenges faced by sellers in today's market.

  • Find out how to overcome the fear of messing up and engage with buyers at the right level to ensure decision-making and deal progression.

  • Develop a multi-channel approach to engaging with the CFO and other key decision-makers in the buying committee to prove value and ROI.

  • Leverage Turbo teams, a cross-functional approach involving sales, product, innovation, sales enablement, finance, and customer success teams, to strategically attack

17 Jan 2023The Art of Creating Superfans with Brittany Hodak, #22600:46:00

With research showing that it can cost 5x more to acquire a new customer than to retain an existing one, learning the art of customer retention should be the top priority of every business.

Add that to the statistic that even a 5% increase in customer retention can yield a 75% increase in profitability – there’s no wonder the power that creating superfans can have on B2B and B2C companies.

But, the key is to understand how exactly to transform a hesitant prospect, into a confident buyer, and ultimately into a lifelong customer. No one understands this process better than our guest, Brittan Hodak – the mastermind behind the best-selling book, Creating Superfans: How to Turn Your Customers into Lifelong Advocates.

If you’ve been struggling with keeping your customers engaged, perfecting your referral strategy, or increasing your customer lifetime value, then this is the episode of the Modern Selling Podcast to download!

Brittany Hodak is an award-winning entrepreneur, author, and customer experience speaker who has delivered keynotes across the globe to organizations including American Express and the United Nations. She has worked with some of the world’s biggest brands and entertainers, including Walmart, Disney, Katy Perry, and Dolly Parton. She founded and scaled an entertainment startup to eight figures before exiting and is the former Chief Experience Officer of Experience.com.

In this episode, we dive into all things customer engagement and retention to give you a true competitive advantage on how to give your customers such an incredible experience that they become superfans – for life!

How should B2B and B2C companies engage with their customers?

I wanted to jump right into the meat of Brittany’s book and understand, from her perspective, what she believes is the “secret sauce” to creating superfans.

She shares, “I think one of the biggest mistakes companies are making right now is that everyone is siloed. In other words, we have ‘over-compartmentalized’ employees away from customers. So much so that many times employees are losing track of how their work affects customer retention. I say that it does not matter what department you're in – everybody is in the customer experience department.”

Brittany also outlines a powerful “Supermodel Framework” that companies should be following to ensure that their customer experience is building superfans. The framework breaks down as follows:

S – Story – It’s important to make it clear to even prospects what your true superpower is and why they should be interested.

U – Understand – Sales teams must fully understand their customers’ stories and find that intersectionality between what their customers are looking for and what they can provide.

P – Personalization – Prospects and customers alike now expect that all communications and interactions are personalized to their preferences and needs.

E – Exceed Expectations – In a world where your customers could easily go to a competitor, you have to be in the business of meeting and exceeding their expectations every time.

R – Repeat – Creating Superfans requires consistency in your customer experience. What leads them to stay is the experience and reputation you build.

Listen into the full conversation to hear what Brittany says is the best way to nail the SUPER Framework and why she believes it will revolutionize how we approach our customers.

How do you understand what your customers need?

I was curious to know what Brittany recommends sales teams do to truly connect with prospects and customers in new ways by leveraging “stories.”

She walks through a powerful framework – in her famous acronym style – that sheds a lot of light on the right way to engage and resonate with your ideal audience(s) in new ways.

S – Struggles – Know what pain points your potential customers have and how you can speak to them in your outreach.

T – Transformation – Getting clear on the transformation that your product/service can provide makes it easier for the prospect to envision working with you.

O – Options – Understanding that every prospect and customer has multiple options is key so that you can always lead with value and become a trusted source of information for them.

R – Reservations – Customers (even when they buy from you) may have reservations about making a repeat purchase. Be sure to make every touch point memorable and address any objections or concerns they have upfront.

Y – YOU – Think about if what you offer is the best solution for your customer. All too often salespeople focus on the sale with no regard to if their solution can actually solve their customer’s problem. If you’re not best suited to help your customer achieve the transformation they’re seeking – then be okay with communicating that!

Join the full conversation to hear Brittany’s story gems and how sales leaders should be training their teams to tell the right stories at the right times to convert prospects into repeat customers.

What’s the best way to ask for referrals?

Part of Brittany’s book, Creating Superfans, dives deeply into referrals – when to ask, how to ask, and also how to reward your customers for sharing your business with their network.

What she explains was spot on and similar to what we do, here at Vengreso, “People ask me all the time ‘how can I get more referrals?’ And, something that I've found to be true over the years is, if somebody has never worked in sales, referring business to you is not top of mind. So, many times, unless you ask, you won’t get the referral.”

This can seem very simple to just ask for the referral, however, I’ve seen it throughout my sales career – so many companies never actually ask their customers for referrals.

Brittany details a practical system to follow to not only get referrals but to acknowledge and thank your superfans for giving them. I find her work absolutely fascinating and her quick tips to thank customers is why the people she works with get such incredible results!

Jump into this episode and pay particular attention at the 37-minute mark to get her gems on referrals.

This episode of the Modern Selling Podcast is brought to you by Korn Ferry. Korn Ferry transforms sales teams using their world-class Miller Heiman, methodology, employee assessments, benchmarking and talent advisor capabilities to increase win rates and quota attainment. Korn Ferry offers Korn Ferry Sell, a sales effectiveness app available in App Exchange and app source that helps your sales team develop and replicate powerful sales strategies that help sellers win more deals and crush their quotas. Learn more at kornferry.com/saleseffectiveness.

28 May 2024Sales led growth strategies for SaaS00:54:19
 

Have you heard these myths about SaaS sales led growth strategies? Myth 1: Product led growth is the only way to scale. Myth 2: Cold emails are ineffective for SaaS sales. Myth 3: Scaling a SaaS business requires massive funding. I'll reveal the truth about these myths, but brace yourself for some eye-opening strategies.

Hey there! In this podcast episode, Mario Martinez Jr. was interviewed by Joana Inch for the SaaS stories podcast, and he shares his journey from a service-based company to a SaaS organization, shedding light on the challenges and dynamics of the SaaS industry. He delves into the transition of FlyMSG from product led growth to sales led growth, offering valuable insights into the pivotal moments and strategic considerations that shaped our approach. Mario emphasizes the significance of adaptability and the willingness to pivot in response to market dynamics and customer behavior. By discussing the challenges of engaging with enterprise clients and the importance of personalization in sales and marketing efforts, he offers actionable insights for SaaS founders and sales leaders. If you're keen on enhancing sales and marketing alignment and implementing growth strategies, this episode provides a wealth of knowledge and practical advice to navigate the ever-evolving landscape of SaaS. So, grab your headphones and tune in to gain valuable insights for driving growth in the SaaS industry!

It's better to have 50% of something than 100% of nothing. - Mario Martinez Jr.

In this episode, you will be able to:

  • Master Sales Led Growth Strategies: Uncover the secrets to accelerating your SaaS business through effective sales tactics and strategic growth planning.

  • Unravel the Power of Sales Led Growth: Discover the distinct advantages of sales led growth over product led growth and how it can drive your SaaS business to new heights.

  • Harness the Potential of LinkedIn for Sales Success: Unlock the potential of LinkedIn as a powerful tool for enhancing your sales efforts and expanding your SaaS business reach.

  • Navigate the Art of Scaling SaaS Startups: Learn the art of effectively scaling your SaaS startup, ensuring sustainable growth and long-term success in a competitive market.

  • Embrace Personalization in Cold Outreach: Explore the impact of personalized cold outreach methods and how it can revolutionize your sales approach, leading to increased conversions and meaningful connections.

The key moments in this episode are:
00:00:08 - Introducing Vengreso and FlyMSG

00:02:31 - Vengreso's Pivot to FlyMSG

00:06:29 - Challenges in Marketing and Sales

00:11:44 - Product Led Growth vs. Sales Led Growth

00:14:47 - The Struggle with PLG and Success with SLG

00:15:41 - Understanding the Differences Between Group Licensing and Individual Sales

00:16:27 - Overcoming Marketing and Technological Debt

00:18:16 - Balancing Sales Led Growth and Product Led Growth

00:19:39 - Identifying the Pivot Point

00:27:39 - Securing Enterprise Clients and Funding

00:29:32 - Landing Enterprise Clients

00:30:14 - Engaging Enterprise Clients

00:35:06 - Providing Value

00:41:23 - Cold Email Approach

00:43:37 - The Power of Marketing and Sales Email Differentiation

00:45:23 - The Effectiveness of Omni-Channel Marketing

00:46:25 - The Challenge of Scaling People in SaaS

00:48:22 - Profitable Scaling in the VC Market

00:52:57 - Finding Purpose and Mission in Business

Timestamped summary of this episode:
00:00:08 - Introducing Vengreso and FlyMSG
Mario Martinez Jr. introduces Vengreso, the creators of FlyMSG, a free personal writing assistant and text expander extension. The podcast will feature insights from sales leaders and influencers to help grow sales numbers at scale.

00:02:31 - Vengreso's Pivot to FlyMSG
Mario Martinez Jr. shares the story of Vengreso's pivot to FlyMSG. The company transitioned from a service-based model to a SaaS company, launching FlyMSG as a productivity tool that gained traction beyond the sales industry.

00:06:29 - Challenges in Marketing and Sales
Mario Martinez Jr. discusses the challenges in marketing and sales, particularly post-Covid. He emphasizes the mismatch between the way buyers shop and the way salespeople sell, leading to the need for innovative solutions like FlyMSG.

00:11:44 - Product Led Growth vs. Sales Led Growth
Mario Martinez Jr. explains the difference between product led growth (PLG) and sales led growth (SLG). He describes PLG as individual-driven decision-making with virality, while SLG is driven by corporate need and problem-solving.

00:14:47 - The Struggle with PLG and Success with SLG
Mario Martinez Jr. delves into the challenges with PLG and the success with SLG. He highlights the importance of understanding the dynamics of each approach and how Vengreso navigated the shift from SLG to PLG.

00:15:41 - Understanding the Differences Between Group Licensing and Individual Sales
The conversation delves into the nuances of selling group licenses and the challenges faced in convincing buying committees to invest in the technology.

00:16:27 - Overcoming Marketing and Technological Debt
The challenges of marketing debt, technological debt, and the need to master various marketing channels are discussed, highlighting the Herculean effort required to address these issues.

00:18:16 - Balancing Sales Led Growth and Product Led Growth
The conversation explores the challenge of balancing sales led growth and product led growth, and how shifting focus impacted the overall strategy and success of the business.

00:19:39 - Identifying the Pivot Point
The pivotal moment in the company's journey is revealed, where the decision to pivot towards sales led growth was made, leveraging the company's strong brand presence in the sales training space.

00:27:39 - Securing Enterprise Clients and Funding
The discussion highlights the success in securing enterprise clients and closing deals, leading to promising developments in securing funding for the company's growth.

00:29:32 - Landing Enterprise Clients
Mario discusses the challenge of landing enterprise clients and the importance of engaging with multiple decision makers. He emphasizes the need for pointed messaging and shares the PBC sales methodology for effective cold sales emails.

00:30:14 - Engaging Enterprise Clients
Mario explains that engaging with enterprise clients can take days to months, depending on the product and target buyer. He highlights the importance of personalization and value in outreach messages, as well as the use of multiple channels for increased buyer engagement.

00:35:06 - Providing Value
Mario delves into the importance of providing value to sales leaders through personalized content. He emphasizes the use of valuable resources such as articles and training videos to address specific challenges, ultimately leading to increased buyer engagement.

00:41:23 - Cold Email Approach
Mario discusses the difference between salesperson and marketer emails, emphasizing that sales emails for cold outreach should be plain text with minimal formatting. He highlights the need for experimentation and the use of pointed messages with one link in marketing emails.

00:43:37 - The Power of Marketing and Sales Email Differentiation
Mario emphasizes the importance of distinguishing between marketing and sales emails, highlighting the need for nurturing and engaging leads at different stages of the customer journey.

00:45:23 - The Effectiveness of Omni-Channel Marketing
Mario and the host discuss the effectiveness of omni-channel marketing, particularly the impact of email, LinkedIn, and SMS on engaging and reaching prospects in a cluttered digital space.

00:46:25 - The Challenge of Scaling People in SaaS
Mario shares insights on the challenges of scaling personnel in a SaaS organization, highlighting the need to match the number of employees with client servicing needs and the importance of focusing on sales to drive growth.

00:48:22 - Profitable Scaling in the VC Market
Mario provides valuable tips on profitable scaling in the current VC market, emphasizing the significance of achieving profitable growth and ensuring financial sustainability in the long term.

00:52:57 - Finding Purpose and Mission in Business
Mario discusses the importance of having a clear exit plan, finding purpose, and staying inspired in the entrepreneurial journey, highlighting the significance of having a vision for the future.

Unraveling the Power of Sales Led Growth
Unraveling the power of sales led growth involves retooling and training team members to fulfill multiple roles within the organization. Providing stock options to early employees incentivizes their commitment and investment in the company's success. Maintaining a clear vision and motivation as a leader is essential for navigating the challenges of scaling a SaaS organization.

Mastering Sales Led Growth Strategies
Implementing sales led growth strategies is crucial for SaaS founders and sales leaders to drive sustainable business growth. Understanding the distinction between marketing and sales emails is key to crafting effective outreach campaigns and nurturing leads. Focusing on profitable scaling rather than growth at all costs ensures long-term success in the competitive SaaS market.

Harnessing the Potential of LinkedIn
Harnessing the potential of LinkedIn is crucial for engaging with enterprise clients and reaching key decision-makers within organizations. Personalization and tailoring messages to individual personas and needs are paramount for successful cold outreach on the platform. Employing an omnichannel approach, including phone, email, LinkedIn, and video, enhances the effectiveness of engaging with potential clients on LinkedIn.

The resources mentioned in this episode are:

  • Visit FlyMSG.io to download FlyMSG, the free personal writing assistant and text expander application mentioned in the podcast.

  • Go to pvcsalesmethod.com to access the PVC Sales Methodology for creating effective sales cold outreach emails.

  • Check out the article on sales referral at Vengreso for valuable insights on leveraging mutual connections for sales outreach.

  • Consider using an omnichannel approach for engaging with prospects, including LinkedIn, email, phone, and other channels.

  • Consider giving stock options to early team members to incentivize and retain talent, fostering a sense of ownership and commitment.

10 Nov 2022Mastering the Art of Agile Selling with Stephen Messer, #22100:46:48

When prospects stop responding, what do sales reps do? Send even more sales messages. It’s this ‘spray and pray’ approach that is sabotaging the sales success across almost every industry. 

But, how can you effectively reach your potential customers in a way that’s scalable without becoming part of the growing “sales noise”?

That’s the question that agile selling tackles and the hot topic of this episode of the Modern Selling Podcast. We welcome one of the biggest champions of agile selling to learn from him what it is, how it works, and why it is the future of how modern sellers should be selling.

Stephen Messer is a serial entrepreneur, inventor, investor, and the co-founder of Collective[i]. Prior to Collective[i], he served as LinkShare's CEO and chairman of the board, helping to create the sector of online marketing commonly referred to as affiliate marketing. Under his leadership, LinkShare expanded its network of websites to become one of the largest of its kind with its global reach extending from the United States to Japan, Canada and Europe. Now, with Collective[i], Stephen has helped to create one of the world’s largest networks capturing data around B2B sales activities. Using artificial intelligence and predictive analytics, Collective[i] merges client CRM and other relevant sources of data into our network to generate intelligence used by the world’s leading sales organization to generate revenue, streamline/automate non-revenue producing activities, and enable enterprises to be customer centric and data driven. Their patent-pending technology and applications designed for sales managers, operators and professionals are essential to the modern sales force. 

That’s why this is one episode of the Modern Selling Podcast you do not want to miss.

Download the full conversation and hear firsthand how agile selling can transform your sales process and win rates.

How has the modern buyer changed?

Before we jump into our discussion of agile selling and the power behind this method, I wanted to get clear from Stephen on how he’s seen buyer behavior change through the years. 

From his perspective, there are three core shifts that have taken place:

  1. More buyers are involved now in the process. With so many companies shifting to a virtual, work from home model – this inevitably introduced more stakeholders into the buying decision. It’s not as easy to get up and walk to your supervisor's office to get approval. Now, emails, Zoom meetings, and a litany of other communication channels have to be involved in a remote environment before a decision is made.

  2. Buyers are doing more research. Before buyers would reach out to sellers to gain more information. Now, buyers are doing their own research and being more and more selective with who they reach out to.

  3. Buyers are skeptical of working with sellers. How buyers engage with sellers has dramatically changed. Fewer and fewer buyers are giving their real information, for fear of being spammed with endless sales messages. This makes it even harder for sales reps to reach buyers.

As so many sales leaders have seen, our modern buyers are going into “hiding” so to speak to get away from the somewhat intrusive sales cadences.

But, if sales cadences are largely being ignored and buyers are going underground – what can sales reps do to truly get buyers to be open for a sales call? That’s the very question that agile selling is able to answer.

Listen to the full conversation to get access to these sales gems from, Stephen Messer, one of the top data-driven sales gurus in the world.

What’s the importance of personalization?

Personalization in modern selling is everything!

I have a folder in my email that I titled, “Emails that suck” and I can’t tell you how many I get on a daily basis. And, they all have one glaring thing in common – they’re never personalized. In essence, I and so many other prospects have just become a “Dear First Name”. These emails aren’t written to speak to my exact pain points, they’re not conveying value that’s relevant to me, and they’re clearly written in a way that makes me feel just like any other buyer

I was curious to hear Stephen’s take on personalization and its impact on engagement rates based on the sales data he sees everyday.

Stephen shares, “The question with personalization really is: can we improve productivity in how we reach buyers while at the same time giving them higher value interactions? This is where analyzing the data is so important. Personalization doesn’t have to just be in the messaging. It can be in knowing the best time to send the email, or the right platform to reach out to, or knowing who to send the email to in the organization. Personalization comes back to one thing: research. We have to take the time to research who we’re trying to sell to, if we’re ever going to be effective.”

Jump into this episode, and listen to the end, to hear what Stephen says is the best way to personalize your sales messages to stand out.

What is agile sales?

Agile sales is being offered as an alternative to the traditional approach of people, process, and technology. 

According to Stephen, agile sales is all about moving away from making sales decisions based on opinions and “intuition” and, instead, using data to drive substantive changes to the sales process. It’s through agile selling that the modern seller will be better positioned to know how, what, and when to reach out to modern buyers and actually get a response.

Stephen shares a powerful point in this episode that reminds us all that we can’t look at our prospects in a vacuum. We must consider the entire landscape of the world around them to understand their buying behavior and it is agile selling that makes this possible.

If you’ve been looking for a new approach to sales to help increase your win rates and better engage with your prospects, then this is THE episode to listen to.

This episode of the Modern Selling Podcast is brought to you by Korn Ferry. Korn Ferry

transforms sales teams using their world-class Miller Heiman, methodology, employee

assessments, benchmarking and talent advisor capabilities to increase win rates and quota attainment. Korn Ferry offers Korn Ferry Sell, a sales effectiveness app available in App Exchange and app source that helps your sales team develop and replicate powerful sales strategies that help sellers win more deals and crush their quotas. Learn more at kornferry.com.

16 Feb 2022Building a Remote Sales Organization with Mario Martinez Jr., #20000:39:54

In this episode of the Modern Selling Podcast, I share an insightful conversation with business powerhouse and my dear friend, Alice Heiman, the host of Sales Talk for CEOs. We go deep into the ins and outs of how I built Vengreso to become the largest digital sales training company in the world and the unique remote selling strategies I’ve used to leverage top talent from around the globe.

If you’re a sales leader looking for creative ways to grow your sales team, to expand your digital sales reach, or to empower your sales reps with new strategies to book more meetings – then this episode is for you.

Download the full conversation to learn how I recruit, onboard, and train the best sales professionals for a fraction of the cost.

Laying the Foundation for Remote Selling

I’ve been in sales for over 20+ years now and when people ask how I got into sales, they’re usually amused by the story.

But, the same key principle I learned as a college student new to sales is the same key principle I instill in my sales team, now at Vengreso.

My sales career started accidentally, when I was working as a photo finisher for Ritz Camera Center. Paying my way through college, I asked my Regional Manager at the time for a transfer to a store closer to campus. Although he did transfer me, he didn’t grant my transfer as a photo finisher – he transferred me as a salesperson. 

For the two years I worked as a photo finisher, I consistently placed in the top 3 for sales for my entire region. It was because early on I realized that sales was the art of helping. As I helped my customers get the best quality photos, I was able to upsell them to services that were not just meeting their needs, but were solving their problems.

That is why, some 20+ years later, I teach all of my remote sellers that to master sales you need to focus on helping (not selling).

When everyone in your organization understands this point then it makes it easier to get your whole company involved in sales and engaged with the customer. And, when sales leaders have the understanding and the vision that sales is helping and that is how sales organizations can rapidly grow by helping their customers grow.

It’s important to ask questions like: What's the business problem that we're solving? How are we helping our customers? How are we going to prove that we're helping them? 

If you can focus everything around these core questions, then you’ll position your sales organization for success.

Tune into the full conversation with Alice to hear the full story of how Vengreso was started and what three questions catapulted my career as a sales entrepreneur.

The 3 Keys to Remote Selling

In today’s virtual selling era, most sales organizations have pivoted to offer some form of digital or remote selling. However, what separates those organizations who do it “okay” from those who do it well comes down to three key components.

I share with Alice my take on what you really need to win the digital sales game, in this new post-pandemic environment.

  1. Selling is not just for the sales team. As the CEO of Vengreso, I still have a huge role in sales. Whether I am training new sales reps, coming up with the sales strategy for the quarter, or facilitating client calls – I am immersed in the sales process of my organization. As I mentioned, sales is the art of helping – so why would I not help out as often as I can? When senior leaders can embrace this perspective, then sales teams won’t feel siloed and, instead, can feel supported in their efforts.
  2. Invest in training at every level. We have an extensive 6-month onboarding process for our sales reps that ensures they are ready to handle any type of sales conversation or sales objection that comes their way. Our Modern Sales Mastery training program is also designed to equip our sales reps with both the sales tools, the sales skills, and the coaching they need to perform a hybrid SDR/AE role.
  3. Find the right tools to generate sales. I always say, “a fool with a tool, is still a fool.” At Vengreso, we are creating a host of sales enablement tools such as our text expander plugin, FlyMSG. For any remote selling organization, you want to capitalize on building efficiency and increasing your sales team’s productivity. After all, you’re not in a physical office and you need your sales reps to be able to maximize the use of their time to get in front of more prospects, to book more sales meetings.

Listen to the entire conversation I had with Alice because I dropped some ‘interesting’ sales gems that could help your sales team increase their conversions.

How to Hire Remote Sellers

Finding qualified salespeople, in general, can be challenging. But, once you add the complexity of needing that sales rep to work (and sell) remotely – this can introduce a new layer of challenges.

That’s why when I started Vengreso, I knew I needed a unique model to help me both attract and retain top talent as a fast-growing startup. Being able to afford the salary of US-based sales reps would put a strain on the company’s finances, but I needed a pool of talent that I could pull from that could master the remote selling process we teach.

So, I looked overseas to find highly qualified sales professionals who could learn the sales skills, the strategies, and the sales methodology needed to not just excel as a SDR, but to even advance to become AEs.

That’s how Vengreso’s remote selling culture was born. For nearly a decade, we have leveraged the outsourced market to get top-performing sales reps from South America, Europe, and Asia.

Hiring remotely is different and requires a different recruiting and vetting approach. We’ve created an entire remote selling playbook for sales leaders to follow to replicate our model with great success.

Make sure to download the full episode to hear how we source our sales reps and the exact process we follow before bringing on a new remote sales rep.

16 Mar 2022Strikingly Different Selling Strategies with Jennifer Colosimo, #20200:43:27

As modern sellers have adapted to this new virtual selling environment, getting in front of and staying in front of buyers has become harder to do. From email sequences to LinkedIn messages, to video sales techniques – there’s no shortage of ways to reach the modern buyer. However, the traditional ‘spray and pray’ sales methods of the past have to be rapidly replaced with more strategic, more personalized, and more unique ways to break through the crowded B2B sales space.

And, exactly how sales organizations and sales teams can truly differentiate themselves to get a “hello” and to close a sale is what my guest, Jennifer Colosimo, knows inside and out.

Jennifer Colosimo is the President of FranklinCovey’s enterprise division, where she is accountable for generating profitable growth globally by building leaders, teams, and cultures that get results in 160+ countries.

With a storied sales career, Jennifer served previously as FranklinCovey’s Senior Vice President of Sales & Operations in the United States, Canada, and Australia. She has also led IT, learning and development, and corporate social responsibility teams while working for Accenture, DaVita, and several private equity-backed organizations. Her sales training and innovative strategies have been featured on a number of stages worldwide and reached over 50,000 people across 45 states and 12 countries. It is her recent book, Strikingly Different Selling, that she co-authored that is set to change the way we look at and approach modern selling. This book, through six years of focused research involving more than 2,800 sales professionals from 135 countries reveals the 6 vital skills that separate top sales performers from the herd. 

Download our full conversation to get a front-row seat to Jennifer’s insights to learn what skills and techniques are really moving the sales needle.

What are sales reps missing during prospecting?

Having been in sales now for over 20+ years, I know firsthand that prospecting is often the most time-consuming and challenging part of the B2B sales cycle. I was curious to get Jennifer’s take on what she believes is missing and why prospecting seems to be yielding such low results.

Here’s Jennifer’s take, “I’ve done a lot of research around what’s really working with sales. What I’ve found so often is that there is a major disconnect. The salesperson generally leaves the conversation believing that things went well. However, on the other hand, the buyer feels that they didn’t get what they needed or wanted out of the conversation. Buyers want to buy based on differentiation.”

This is exactly what we teach, here at Vengreso. Selling is the art of helping. And, if your sales teams are not clearly communicating what problems they solve for prospects, then they could be leaving lots of lost deals on the table.

 

Listen in to the 10-minute mark to hear the ‘interesting’ research Jennifer uncovered that points to some specific strategies sales teams should be using to differentiate their services with the very first outreach message.

How can sales reps win in an online selling environment?

In early 2020, we saw a radical shift in not just sales, but in how we all did business. As the world’s largest digital sales training company, we were able to quickly pivot our processes to favor the new virtual environment. But, for many sales organizations that relied heavily on building in-person relationships with their B2B buyers, this seemingly dramatic shift has left many sales teams reeling.

Strikingly Different Selling details six vital skills that today’s seller must master, so I wanted to get Jennifer’s ideas around how sales teams can better connect with prospects across a digital screen.

She shares, “A lot of the same rules of selling still apply, in this new virtual space. You still need to connect with people, but rather than getting a business card at a tradeshow, you need to pay attention to your social media profiles. Sellers must consider how and where they show up online and what prospects will see when they research them and their companies. In the same way you want to catch someone’s attention in person, sellers have to think about how to do this online.”

Listen into the conversation to hear what strategies Jennifer sees are working right now to build relationships with B2B prospects. 

What are must-dos during a sales call? 

We teach the PVC methodology for prospecting that leads with the importance to personalize every touchpoint you have with a prospect. From the initial outreach conversation to the sales call and any subsequent follow-ups, you want to show your prospect that you understand what they need and want. 

I know Jennifer has done extensive research in this space and she teaches her teams and clients the most successful strategies that work to get buyers to lean in.

The three-part sales call framework she shares is quite simple – yet very profound.

She calls it the “Why-What-Why” approach. And, when done right this approach not only helps to shape the conversation around the prospect, (making the discussion highly relevant to them), but it also enables you – as the sales rep – to convey your genuine interest in helping your prospect solve their problem.

Here’s how it works:

According to Jennifer, sales call should be entirely focused on answering these three questions for the prospect:

  1. Why are we different? Or, why do we have a differentiator? 
  2. What are we going to do to solve your problem? 
  3. Why does this matter to you? 

This is just the tip of the sales iceberg, be sure to download and listen to our entire conversation to learn more about the six vital skills every salesperson must master to win the new digital selling game.

18 Aug 2022The Top Sales Training Best Practices with Tim Strickland, #21400:49:53

Navigating churn has become the topic of discussion for many B2B sales organizations. So, what is a sales leader to do when new sales reps are coming and going faster than ever before? 

Knowing the best practices to attract top talent, to train them to be successful and to advance within your organization, and to engage them to continually improve are all discussed in this episode of the Modern Selling Podcast.

Our guest, Tim Strickland, brings with him a wealth of knowledge and strategies that will help all sales leaders – from the CRO to the sales enablement manager – more effectively motivate, communicate, and train their sales teams.

Tim Strickland is the Chief Revenue Officer for ZoomInfo – a suite of modern go-to-market software, data, and market intelligence used by thousands of sales and marketing teams worldwide to uncover new opportunities and accomplish their goals by leveraging prospect and customer engagement insights and drivers. 

In his role at ZoomInfo, Tim leads their new business sales, new customer sales, emerging product sales, sales development, partnerships and alliances, and sales enablement. Through his stellar 15+ year career, Tim has perfected the formula to help sales reps and sales teams alike to skyrocket their productivity, success, and careers to the next level.

Download the full episode to hear the most proven strategies that are working right now to help sales reps – of all experience levels – increase their effectiveness and close more deals.

How Can B2B Sales Organizations Motivate the Modern Seller?

In today’s post-pandemic business landscape, it’s not uncommon for sales reps to “career hop” from organization to organization within a few months. Whether it is chasing a larger base salary or commission, it’s become harder for sales leaders to keep their sales teams staffed.

I wanted to see Tim’s take on this and what he believes sales organizations should be doing to help mitigate this mass exodus that’s happening within the sales industry.

He proposes four key elements that every sales organization should have in order to attract and retain top talent from the sales rep level all the way to the CRO.

  1. Room for Growth. This isn’t unique to just the sales industry, but most employees want to work within environments that offer professional development, training, and learning opportunities for them to advance their skills and knowledge sets.
  2. Opportunities to be Challenged. It is through embracing and overcoming challenges that sales teams can truly grow and evolve to improve their processes and effectiveness over time. Without these built-in opportunities to try new things and find new ways of solving problems, many sales organizations remain stagnant.  
  3. Cross-Functional Support. To have a truly effective sales department requires a collaborative approach with and across many departments, including customer service, operations, and marketing. The more cross-functional support sales reps can receive, the higher the likelihood they will feel encouraged to not stay. 
  4. Career Growth Trajectory. Are there chances for promotion, advancement, or prominent recognition? If there are limited opportunities to advance beyond their current role, then this can be a red flag for many sales professionals and signal that this may be time to “jump ship”.

Listen into the full conversation to hear what other key elements Tim recommends sales organizations build into their culture to keep sales reps and sales leaders well-positioned to thrive (and stay)!

How Do B2B Sales Organizations Create a “Modern Sales Playbook”?

Having been in sales for over 20+ years, I understand the power of having a sales plan or strategy for your sales teams to follow.

I was curious to get Tim’s perspective on what makes a ‘good’ sales playbook, how sales leaders should be using it, and what other considerations are at play to advance the effectiveness of sales teams.

His insights are quite interesting, “I look at a sales playbook as a constantly moving target. It’s not something you make and forget. It has to be continuously evolved, added to, refined, etc. What’s important is to create a solid sales foundation that is at the core of your strategy and then from there you might emerge hundreds, if not thousands of sales plays.”

Here at Vengreso, we are always looking for ways to improve our prospecting and sales win rates. And, the best way to do this is through the use of metrics.

How many prospects make it to a call? How many prospects are we closing? How long is the sales cycle? How has our win rate changed over the last 90 days?

All of these data points help us to hone in on what part of our prospecting and sales process has to be refined so that we’re executing the right plays, for the right buyer personas, at the right times.

If improving how your sales teams are winning deals is a top priority, then make sure to download this episode to get an inside scoop into what sales plays and strategies you should be running.

What Specific Training Strategies Are Working to Increase Sales Productivity?

One key thing I’ve found that separates average sales organizations from those that can consistently outpace their competition is… training!

Those sales leaders that focus on training their sales reps and build in continual training opportunities are not only able to improve sales success, but they’re also able to retain top talent.

Yet, despite this, some 75% sales leaders acknowledge that they’re not spending enough time each week providing coaching and training to their sales teams.

Here, at Vengreso we use an “OGC” model that revolves around providing on-demand coaching, group feedback, and sales leader coaching.

In this way, every sales rep receives advice, ideas, suggestions, and feedback from both their sales leader and their peers.

Tim shares a unique framework that he uses at ZoomInfo to keep the feedback loop open with his sales teams to help them increase MQLs, win rates, and land more key decision makers on sales calls.

Join the conversation and listen in to hear what’s working right now to help sales leaders close the coaching gap and significantly boost their sales team’s effectiveness and productivity.

05 Sep 2023Revolutionizing Sales Training: Breaking the Cycle of Forgetting00:42:25
 

Does this sound familiar? You invest time and resources into sales training programs, only to see little improvement in your team's performance. You've been told that simply providing more information and content will lead to better results. But the pain you're feeling is the frustration of seeing your team struggle to apply what they've learned, resulting in missed sales opportunities and stagnant growth. It's time to break free from ineffective methods and discover the key to truly impactful sales training.

Subscribe to Modern Selling on the app of your choice!

In this episode, Mario Martinez Jr. invites sales leader and consultant Chet Lovegren to discuss the challenges of traditional sales training. Lovegren emphasizes the need for a different approach to onboarding and training that focuses on making information stick and turning it into a habit. He suggests structuring onboarding programs in a week-by-week format, focusing on singular topics each week. Lovegren also highlights the importance of covering essential topics such as company culture, mission, and values during onboarding to help reps build trust and connect with customers. He further recommends understanding target audiences and using problem-centric language to engage with potential customers at the right time. Lovegren stresses the need for collaboration between sales enablement and sales teams to create effective onboarding programs, as well as the importance of one-on-one conversations to reinforce training content. Mario Martinez Jr. adds insights on spacing and chunking techniques in training, advocating for breaking down topics into smaller sections spread over a period of 60 to 90 days. Listen to this episode to gain valuable insights on how to improve your sales onboarding and training programs, Discover the key insights and strategies for transforming your sales onboarding and training programs with sales leader and consultant, Chet Lovegren, on this episode of The Modern Selling Podcast. Lovegren highlights the alarming statistics that reveal how easily sales reps forget the information they learn during traditional training sessions. He suggests a new approach that focuses on making information stick and turning it into a habit. Lovegren recommends structuring onboarding programs with a week-by-week approach, covering singular topics each week. He emphasizes the importance of including essential topics like company culture and values during onboarding to help reps connect with customers and build trust. Lovegren also emphasizes understanding the target audience and using problem-centric language to engage with potential customers at the right time. Mario Martinez Jr. adds his insights on spacing and chunking techniques in training, advocating for breaking down topics into smaller chunks and spacing them over a 60-to

There's an archaic way we do sales enablement and coaching... I wanted to solve for that with the Sales Doctor. - Chet Lovegren

Introducing Chet Lovegren, a seasoned sales maven who has spent more than a decade mastering the art of sales and sales leadership. Known as the Sales Doctor, he has built an impressive reputation through his strategic counsel to various startup ventures. Besides being a pivotal driving force behind Pavilion’s top-notch sales course content, Chet founded Sales Doctor. His strong viewpoints on traditional sales training sparked revolutionary changes in the field. Chet's relatability and expertise make him a go-to resource for organizations seeking to overhaul their sales strategies.

  • Confront the barriers inherent in traditional sales training often overlooked in the industry.
  • Grasp the formidable impact of consistent and succinct sales training on team performance and overall business health.
  • Uncover the vital force of intentionality for ensuring effective sales training that yields tangible results.
  • Understand why robust onboarding programs are a non-negotiable in B2B sales for long-term success.
  • Dive into the trenches of assessing new hire performance and fostering a culture of accountability that keeps everyone aligned with company goals.

Timestamped summary of this episode:
00:00:08 - Introduction,
Mario Martinez Jr. introduces the podcast and Chet Lovegren, the Sales Doctor, as his guest.

00:04:11 - Fun Fact about Chet,
Chet Lovegren shares that he has broken his nose twice and that 80% of his nose is fake.

00:06:20 - Why Traditional Sales Training Doesn't Work,
Chet explains why traditional sales training and enablement programs fail due to lack of engagement, retention, and relevance.

00:09:23 - Emulating Onboarding for Effective Training,
Chet suggests a more effective approach to sales training by emulating the onboarding process, with concise, compact, and recurring training sessions for specific topics.

00:12:04 - Importance of Intentional Training,
Chet emphasizes the importance of intentional training with clear goals and structured daily sessions to ensure retention, practice, and application of new skills.

00:13:07 - The Problem with Onboarding Programs,
Many B2B sales reps forget the information they learn within a week or a month of training. Traditional onboarding programs often involve overwhelming reps with content in a short period of time. This approach does not lead to long-term retention or habit formation.

00:13:54 - Improving Onboarding Programs,
Companies can improve their onboarding programs by adopting a focused and structured approach. Instead of overwhelming reps with information, they should dedicate each week to a specific topic, such as people, problems, process, and practices. This allows for better retention and application of knowledge.

00:16:35 - Building the Right Onboarding Program,
To build an effective onboarding program, companies need to focus on specific areas of the business and create a narrative that leads to hands-off training. It's important to cover topics like company mission, vision, values, and history. Onboarding programs should be developed in collaboration with sales leaders and enablement professionals with recent sales experience.

00:18:49 - The Flaws of Traditional Sales Training,
Traditional sales training programs that cram a large amount of content into a few days are ineffective. The spacing effect, which involves spreading out training over time, is a more successful approach. Using the chunking technique, sales training should be broken down into smaller topics that can be addressed over a period of 60-90 days.

00:21:26 - Importance of Ongoing Coaching,
Ongoing coaching and reinforcement are crucial

00:25:24 - Effective Measurement of New Hires,
The discussion focuses on how companies can effectively measure the performance of new hires early on to determine if they are the right fit. The guest suggests using software tools like Yardstick to collaborate with sales leaders, HR, and team members. By integrating colleague interviews and surveying feedback, companies can identify if a new hire is not meeting expectations and make decisions sooner rather than later.

00:29:36 - Challenges in Building a Culture of Accountability,
Sales leaders often struggle to build a culture of accountability and performance. The guest believes this is because there are numerous ways to measure performance but limited ways to measure engagement. He suggests creating a culture of participation and integration, where everyone is involved in meetings and performance reviews. By highlighting performance and comparing results, accountability can be increased and underperforming individuals can be identified and addressed more effectively.

00:30:57 - Importance of Engaging Sales Teams,
The guest emphasizes the importance of engaging sales teams and setting expectations for their participation. By involving them in meetings, presentations, and performance reviews, accountability can be increased. He argues that being politically correct and avoiding highlighting underperforming individuals can hinder performance and motivation. Sales is a performance-based job, and individuals need to be able to handle the pressure and scrutiny that comes with it.

00:34:31 - The Role of Stack Ranking and Accountability,
The guest discusses the role of stack ranking in highlighting underperforming individuals. He believes that avoiding stack ranking due to concerns about hurting individuals' feelings can be counterproductive

00:37:53 - The Importance of Leadership in Sales,
Chet discusses the impact of leadership in sales and how great leaders focus on accountability, coaching, and motivation. He believes that leaders should lead by example and inspire their team to rise to their level.

00:38:26 - Promoting Salespeople with Leadership Skills,
Chet shares his perspective on promoting salespeople to leadership positions. He values individuals who have leadership qualities, even if they are not top performers. He mentions that high-performing lone wolves can create toxic work environments, and success may be the result of unethical practices.

00:39:13 - Beware of Wildly Successful Salespeople,
Chet warns against blindly promoting wildly successful salespeople. He highlights the importance of looking beyond quota attainment and evaluating how individuals contribute to the overall team and company culture. He shares an example of a sales rep who achieved exceptional results due to a rigged system.

00:40:05 - Connecting with Chet Lovegren,
Chet provides various ways to connect with him, including his website, LinkedIn, and TikTok. He offers resources, podcasts, and educational content on sales.

00:41:00 - Chet's All-Time Favorite Movie,
Chet reveals that his all-time favorite movie is "Rain Man." He describes it as a perfect story about male relationships, brotherhood, and friendship, with a pure and lovely portrayal of the bonds people can create.

Confronting Barriers in Sales Training
Chet Lovegren highlights the significant challenge B2B sales reps face when digesting traditional training methods: forgetting nearly all the new information within a month. This issue stems from an outdated approach of condensing too much data into a brief training period, which proves ineffective for long-term retention. Adopting new strategies, such as week-by-week topic-specific training, can make these programs more impactful by integrating the information slowly and thoroughly.

  • Visit the Vengreso.com website to learn more about FlyMSG.IO, the free personal writing assistant and text expander application created by Mario Martinez Jr.'s company, Vengreso.
  • Subscribe to the Modern Selling Podcast to hear from sales leaders, practitioners, and influencers who can help you grow your sales numbers at scale.
  • Check out Chet Lovegren, also known as the Sales Doctor, and learn more about his role as a strategic advisor to portfolio companies and startups.
  • Explore the Sales Doctor's short-term and long-term engagements, which offer solutions for teams that need help with execution or companies looking to build or rebuild their sales motion.
  • Consider the Sales Doctor's approach to sales training and coaching, which focuses on more concise, compact, and recurring training sessions that emulate the engagement and retention of onboarding.
  • Learn about the forgetting curve phenomenon and why traditional sales training and enablement programs often fail to engage and retain information.
  • Discover alternative methods, such as virtual instructor-led training, that prioritize engagement and retention by providing more relevant and condensed training sessions.
  • Understand the importance of intentional and structured training sessions that cover specific topics and include exercises and practice to ensure information is retained and enacted
09 Apr 2024Lessons on Becoming an Elite Performer in Sales00:53:21

If you're feeling frustrated and overwhelmed by ineffective sales strategies that aren't getting you the results you want, then you are not alone! Trying to juggle multiple tasks and approaches without seeing the sales success you deserve can be disheartening.

It's time to break free from the cycle of frustration and find a more effective path to achieving your sales goals. Let's explore new strategies together to elevate your sales game and achieve the success you've been striving for.

Master Sales Career Development Strategies

In this episode of The Modern Selling Podcast, Tony Morando provides valuable insights on mastering sales career development strategies. He emphasizes the importance of continuous learning, refining sales skills, and staying updated with industry trends. Morando's career journey serves as a testament to the dedication and perseverance required to excel in the sales industry.

Throughout the episode, Tony's emphasis on perseverance, consistency, and the drive to become elite in sales emerges as a central focus, providing practical guidance for sales professionals navigating the modern selling landscape. His valuable insights on career development, effective sales techniques, and the importance of personalized communication make this episode a must-listen for sales professionals aiming to enhance their skills and achieve improved sales success.

This Week's Special Guest:

For this week's episode, Tony Morando, Chief Sales Officer of World Emblem, shares his 18-year sales career journey, offering valuable insights into sales leadership and career development strategies. He emphasizes the significance of being coachable, setting measurable goals, and the impact of industry expertise in pursuing leadership roles.

Tony's experience of six promotions in 18 years highlights the importance of deliberate learning and expertise in career advancement. The conversation also delves into the evolving dynamics of the competitive marketplace, emphasizing the need for adaptability and agility in meeting customer demands.

Just because you get a no today doesn't mean you're gonna have a no tomorrow. You have to stay on it. You have to be consistent, and you can't lose that communication. - Tony Morando

In This Episode, You Will Hear All About:

  • Mastering Sales Career Development Strategies: Unlock the key to accelerating your sales career with expert strategies for professional growth and success.
  • Embracing Effective Sales Objection Handling Techniques: Discover the art of overcoming objections and turning them into opportunities for closing deals.
  • Building Strong Client Relationships in Sales: Learn the secrets to fostering lasting and profitable relationships with your clients, leading to increased loyalty and sales.
  • Crafting Impactful Sales Voicemails: Uncover the tips and tricks for leaving voicemails that grab attention, spark interest, and drive action from your prospects.
  • Becoming an Elite Sales Professional: Elevate your sales game by mastering the essential skills and mindset needed to stand out and thrive in the competitive sales landscape.

The Key Moments in this Episode are:

00:00:08 - Introduction to the Podcast

00:01:24 - Welcoming Tony Morando

00:04:46 - Overcoming Fear

00:07:09 - Career Progression and Patience

00:13:21 - Navigating Increased Competition

00:14:14 - Building a Unique Value Proposition

00:15:14 - Becoming Elite

00:16:29 - Personal Experience in Sales

00:22:30 - Overcoming Objections

00:25:19 - Consistency and Persistence

00:27:26 - Effective CRM Usage and Time Management

00:33:57 - Inbox Management and Time Management

00:35:58 - Effective Sales Techniques

00:37:42 - Bringing Value to Calls

00:39:25 - Voicemail Strategy

00:40:19 - Importance of First 15-20 Seconds in a Voicemail

00:41:27 - Analyzing a Sales Voicemail

00:46:31 - Short and Sweet Voicemail Strategy

00:49:06 - Leveraging Social Selling Triggers

00:51:48 - Tony's Favorite Movie

Timestamped Summary of this Episode:

00:00:08 - Introduction to the Podcast
Mario Martinez Jr. introduces the podcast and its focus on helping sales leaders and practitioners grow their sales numbers at scale.

00:01:24 - Welcoming Tony Morando
Mario Martinez Jr. introduces Tony Morando as the Chief Sales Officer of World Emblem, highlighting the topics they will cover, including pathways to management and leadership.

00:04:46 - Overcoming Fear
Tony Morando shares a personal revelation about being petrified of flying and how he overcame it by jumping out of a plane for his first flight, leading to his current comfort with flying.

00:07:09 - Career Progression and Patience
Tony Morando discusses the importance of being patient in career progression, emphasizing the value of learning from mistakes and the need to earn promotions through expertise and deliberate progress.

00:13:21 - Navigating Increased Competition
Tony Morando addresses the impact of increased competition in today's market, citing the Amazon model's influence and its implications for meeting customer expectations in a timely manner.

00:14:14 - Building a Unique Value Proposition
Tony discusses the need for sellers to create a unique value proposition to win customers in a competitive marketplace. He emphasizes the importance of standing out and providing exceptional value.

00:15:14 - Becoming Elite
Tony emphasizes the need to go above and beyond to be elite, highlighting the importance of putting in extra effort, making sacrifices, and constantly learning and improving in order to separate from the competition.

00:16:29 - Personal Experience in Sales
Tony shares his personal experience in software sales, emphasizing the importance of putting in the hours, becoming an expert in the industry, and sharing best practices with peers to succeed in sales.

00:22:30 - Overcoming Objections
Tony discusses the significance of discussing and learning from common objections in sales to overcome them effectively. He highlights the value of daily huddles for sharing and learning from past objections and challenges.

00:25:19 - Consistency and Persistence
Tony shares a memorable sales success story about his persistence in following up with a client over a ten-year period, ultimately leading to a significant contract. He emphasizes the importance of consistency, never giving up, and bringing value to every interaction.

00:27:26 - Effective CRM Usage and Time Management
Tony discusses the importance of using CRM effectively and scheduling future activities to stay on track. He also emphasizes the significance of time management and organization in sales.

00:33:57 - Inbox Management and Time Management
Tony shares his struggle with managing his inbox and the challenge of maintaining a zero inbox policy. He highlights the importance of time management and the impact of being organized on personal and professional success.

00:35:58 - Effective Sales Techniques
Tony emphasizes the importance of active listening, consistent communication, providing value, and exceeding expectations in building and maintaining strong client relationships. He also discusses the significance of asking questions and listening without interrupting the prospect.

00:37:42 - Bringing Value to Calls
Tony delves into the importance of bringing value to live conversations and narrowing in on topics that matter to the prospect. He also shares his approach to leaving voicemails, keeping them short and avoiding selling through voicemails.

00:39:25 - Voicemail Strategy
Tony discusses his approach to voicemails, preferring to keep them short and sweet without selling through them. He also emphasizes the importance of capturing and keeping someone's attention within seconds.

00:40:19 - Importance of First 15-20 Seconds in a Voicemail
Tony and Mario discuss the critical role of the first few sentences in a voicemail to engage the listener. They emphasize the need for brevity and value in the initial message to capture the recipient's attention.

00:41:27 - Analyzing a Sales Voicemail
Mario plays a sales voicemail and invites Tony to critique it. They discuss the importance of identifying the correct industry and the need for thorough research before reaching out to potential buyers. They also highlight the significance of clear and genuine communication.

00:46:31 - Short and Sweet Voicemail Strategy
The hosts review another voicemail and share differing perspectives on its effectiveness. Tony highlights the intrigue and curiosity it creates, while Mario emphasizes the importance of providing more information and context to prompt a response. They also touch on the significance of personalizing outreach.

00:49:06 - Leveraging Social Selling Triggers
Mario explains his approach to leveraging social selling triggers, such as profile views, to initiate meaningful connections with potential buyers. He emphasizes the importance of guiding recipients to relevant content and tracking their engagement for informed follow-ups.

00:51:48 - Tony's Favorite Movie
Mario wraps up the episode by asking Tony about his all-time favorite movie, which Tony reveals to be "Fight Club." This lighthearted segment adds a personal touch to the conversation, providing a glimpse into Tony's interests outside of sales.

Hone Effective Sales Objection Handling Techniques

Morando discusses the importance of honing effective sales objection handling techniques in the competitive sales landscape. He highlights the significance of addressing objections and consistently training to overcome them. By mastering objection handling, sales professionals can enhance their ability to navigate challenges and close deals successfully.

Cultivate Strong Client Relationships in Sales

Building strong client relationships is crucial in sales success, as highlighted by Morando in the podcast. He emphasizes the need for genuine and authentic communication to engage prospects and build lasting connections. Cultivating strong client relationships not only fosters trust but also paves the way for continued sales success and business growth.

The resources mentioned in this episode are:

  • Connect with Tony Morando on LinkedIn by sending a personalized connection request mentioning the modern selling podcast.
  • Visit worldemblem.com to reach out to Tony Morando through the contact form on the corporate website.
  • Sign up for FlyMSG for free to save 20 hours or more in a month and increase productivity. This is a free text expander and personal writing assistant.
  • Watch the movie Fight Club for a classic and timeless favorite.
  • Give the Modern Selling Podcast a five-star rating and review on iTunes to show support and help the podcast reach more listeners.

29 Nov 2022Winning Content Based Marketing Strategies with Logan Lyles, #22300:28:26

With the oversaturation of cold calling, messaging, sales emails – the modern buyer is savvy to all the ways that sellers reach out. That’s why, according to our poll of sales professionals, prospecting is THE most time consuming step of the sales cycle.

But, there’s a loophole that sales leaders and their teams can use to not only find the ideal prospect, but to make it even easier to engage them in conversations that actually build relationships and lead to sales.

It’s Content Based Marketing and when done right it can turn online content into a consistent pipeline of prospects.

In this episode of the Modern Selling Podcast, we dive into the ins and outs of how this stealth prospecting strategy works, how to get started, and the best way to position your online content to sell.

Our guest, Logan Lyles is a pioneer in this field and comes with a wealth of knowledge to share to help sales teams, sales leaders, and sales organizations scale their visibility through Content Based Marketing.

Logan Lyles is the Head of Partnerships at Teamwork, a project management platform built for scaling client work. Logan previously served in several leadership roles at Sweet Fish, a B2B podcast agency serving mid-market SaaS companies. Taking over sales from the agency founder in 2018, Logan helped triple the business in his first 6 months.  He also played a key role in landing the agency on the Inc 5,000 List (twice), while helping the company  both 10x headcount & increase ARR by 1,283%.  Logan works from his home office (that’s slowly becoming a mini video studio) alongside his labradoodle, Mack, in Castle Rock, CO.

If you’ve been looking for a way to enhance your prospecting effectiveness, this episode is the one to listen to.

Download the full conversation now and see how easily you can start posting online to attract your ideal prospects.

Does Content Based Marketing Work?

The short answer is: absolutely!

This podcast is a prime example of that. When you reach out to a cold buyer and ask for a sales meeting, you’re often met with objections – that’s if you can even get through to them. However, if you take a Content Based Marketing approach, you can showcase your expertise through posts, establish yourself as a thought leader in the industry, and have prospects come to you to learn more.

I’ve used this strategy for almost seven years now to land some of our biggest accounts, here at Vengreso. I’m going into the fifth season of the Modern Selling Podcast and this strategy has enabled me to connect with hundreds of CEOs and key decision makers from startups through Fortune 500 companies.

And, in my case, you could start your Content Based Marketing strategy with podcasting.

Logan agrees, “Content Based Marketing or Networking is like a Trojan Horse. If you take the podcast route, it is actually a gift if you do the work to promote the person you’ve interviewed to create the content. Then if they share it on their social media platforms, it helps you, as the interviewer, get more visibility.”

Join the conversation now and hear why Content Based Marketing is so effective in lowering the objection barrier and helping you establish key relationships with stakeholders.

How do you start with content based marketing?

The beauty of Content Based Marketing is, you don’t need expensive equipment or a marketing team to get started. Whether it’s short social media posts, blogs, or videos – the lift and the skills needed to create content is minimal.

I was curious to hear Logan’s take on the best way to get started and what he shares is spot on, “After every sales call, there is at least one content creation opportunity. Write down the questions you answered and after the call take a few minutes to either write your response or hit record and make a quick video answering the question.

The way I see it, every sales call should create at least three pieces of content, a written post, a short video, and a possible blog article.

Whether you're in sales or partnerships, or running a business, there is a strategy that can be leveraged in Content Based Networking or Account Based Podcasting by creating content with the people you want to know. 

You get to highlight their work and they get the recognition – and either way, you’re creating a relationship that could lead to a sale.

To make it even easier to capture this content, Logan suggests recording your sales call, getting it transcribed and using the transcription to create the content so you don’t have to spend much time producing content.

What equipment should I use for Content Based Marketing?

Getting started with Content Based Marketing doesn’t require a lot. The goal is to produce content that your prospect wants to read. Whether it’s common questions, addressing problems, sharing new perspectives, or even highlighting new solutions – you get to decide the type and frequency of content you post.

If it’s video content, we walk through the best pieces of equipment to start with like:

Logitech C 920 – this inexpensive HD webcam can record high quality content without much editing needed.

Ring Light – make sure you have stellar lighting and this setup will help you create content in minutes.

Audio Technica 2100 – get crystal clear audio with this affordable mic and have instant radio booth quality.

Listen to the conversation and get the inside scoop of the must-have equipment to get to start producing content that will get your prospects to lean in.

This episode of the Modern Selling Podcast is brought to you by Korn Ferry. Korn Ferry

transforms sales teams using their world-class Miller Heiman, methodology, employee

assessments, benchmarking and talent advisor capabilities to increase win rates and quota attainment. Korn Ferry offers Korn Ferry Sell, a sales effectiveness app available in App Exchange and app source that helps your sales team develop and replicate powerful sales strategies that help sellers win more deals and crush their quotas. Learn more at kornferry.com/saleseffectiveness.

04 Apr 2023Startup Culture: the Pursuit of Sales Success with David Weiss, MSP #23300:43:55

🎙️ Get ready for an EPIC episode of the Modern Selling Podcast!

Host Mario Martinez Jr. sat down with sales expert David Weiss to discuss how early-stage companies can crush it in today's market 🔥.

🏆 With 20 years of experience in the technology and professional services industry, Weiss knows what it takes to build a successful sales team. As the CRO of The Sales Collective and founder of DealDoc, he shared his top tips on hiring your first salesperson and VP of sales, achieving product-market fit, and transitioning from founder-led growth to sales-led growth. 💡

This episode is a MUST-LISTEN for any startup or entrepreneur looking to scale their business and achieve sales success.

Tune in to the Modern Selling Podcast now!

20 Oct 2022Selling through tough times with Paul Reilly, #21800:45:28

Sales organizations don’t operate in an economic vacuum. Between political uprisings, economic changes, inflation concerns – there are a number of external factors that can influence the buying environment for so many industries.

But, how you approach and redefine your selling process when times aren’t ideal is what often separates the companies that survive from those who routinely thrive – no matter the market conditions.

With a potential recession on the horizon going into 2023 and beyond, mastering the art of selling in a down market will be a clear strategic advantage.

In this episode of the Modern Selling Podcast, we dive into the new and very insightful book, Selling Through Tough Times: Grow Your Profits and Mental Resilience Through Any Downturn by Paul Reilly.

Paul Reilly is a speaker, sales trainer, co-author of the sales book, Value-Added Selling, and the host of The Q and A Sales Podcast, where he answers the most pressing questions facing sales professionals. Paul works closely with world-class sales organizations to help them compete more profitably, despite the market conditions. Paul is a regular expert contributor and writer for several business publications. Prior to starting his own company, Tom Reilly Training, Paul spent over ten years in professional sales. 

Join the conversation to hear what sales strategies are truly helping companies weather the storm and still hit quota even in tough economic times.

Why are Tough Times Important in Sales?

This may seem counterintuitive, but tough times make for better sellers. Not only does the competition dramatically increase during times of “sales famine”, but with fewer sales to go after, this forces sales teams to get more creative and personalized in their approach.

I wanted to hear Paul’s take on this question since this is the core focus of his new book.

“One of the things about tough times is that they’re always happening. Whether it’s the pandemic or inflation or a recession – you can’t escape having to sell through these times. Tough times reveal our weak points or those parts of our sales process that need to be improved or changed altogether. And, we create more authentic conversations and relationships with our customers when it becomes critical that we don’t lose them because we don’t know when our next sale may come.”

I’ve seen in my own experience, here at Vengreso, the level of innovation that can be created when you have to operate in a space of scarcity. If there are fewer sales to go after, then you have to get really crafty in your sales process, in your marketing messaging, and even in how you position the value you offer.

Listen into the full episode to hear exactly why and how the best sales companies in history often emerged out of the hardest economic times.

How does the sales conversation need to shift?

There are some timeless sales strategies and approaches that are always important to implement in your sales process. However, when times are good, we often start to cut corners and get disconnected from the real mission of selling: to help our customers.

In tough economic conditions, sales teams must take the time necessary to build authentic and meaningful conversations with prospects.

I was curious to hear Paul’s perspective on what key shifts sales teams have to make to close more sales during hard times.

What he shares is spot on, “During tough times, we have to remember that customers are the ones who define the value for what we’re selling. And it’s their definition of value that truly matters. We have to be better at conveying what problem(s) we solve and how we can help customers reach their goals.”

Many times in financial straits, companies’ goals shift and as a result the sales conversation has to match. For example, if our target audience is looking to cut costs, then it is our job, as sales professionals, to show them how our product can help them reach that end goal.

What I’ve found is that many sales companies never refine their messaging to meet the new goals of their potential customers and as a result their sales conversations feel “tone deaf” in the midst of what’s going on in the market.

What sales habits are important to have during tough times?

If you’ve been in sales for as long as I have then you know that selling is a largely mental process.

You can follow the sales playbooks or methodologies to a “t”, but you have to build a strong sense of mental resilience to be able to do this line of work and show up powerfully (and positively) every day.

Paul knows this all too well and dedicated several chapters in his book on how to create the mental resilience or toughness you need to be a highly successful seller even during tough times.

In his framework, there are what he calls, “Daily Mental Flexs”, which are a collection of six exercises that are key to add into your everyday life to build mental resilience.

Three of the six are:

  • Gratitude – this is such an important component in sales because we often fixate on what’s going wrong, as opposed to taking time to practice gratitude and acknowledge the things we are appreciative of.

    Pro Tip: Studies have shown that when you thank donors for donating, they tend to donate more the next time. Applying this same logic to sales means that sales leaders could leverage a simple “thank you” to their reps to get them motivated to do more.

  • Self Discipline – we all have what Paul refers to as “Not To Do” lists of things that we tend to avoid because we don’t want to do them. Getting in a habit of doing them anyway is a critical part of building self discipline which will help you thrive in tough times.

  • Positive Reframing – is the glass half empty or half full? With positive reframing, it’s all about retraining your brain to find the positive outcomes from a negative situation.

Download and listen to the full episode to get the other three Daily Mental Flex activities and hear the seven characteristics sales leaders need to cultivate to thrive in rough economic environments.





02 Nov 2021How to Get Customers to Come Back Again and Again with Shep Hyken, #19000:51:02

What separates a good customer experience from a great one that instantly attracts repeat business? That’s the question we’re diving into in this episode of The Modern Selling Podcast.

My guest, Shep Hyken, is nothing short of the Godfather of Customer Experience – having authored eight books on the subject and working with hundreds of thousands of clients to elevate their service to turn repeat customers into lifelong brand fans.

Listen in to the in-depth conversation, to hear the actionable advice and strategies Shep shares that can keep your customers wanting to come back for more.

Shep Hyken, is a Hall of Fame speaker, New York Times and Wall Street Journal best-selling author, and the CAO (Chief Amazement Officer) of Shepard Presentations. As a customer service and experience expert and keynote speaker, Shep works with companies that want to build loyal relationships with their customers and employees. His focus is on delivering amazing customer service, customer engagement, managing the customer experience and creating customer loyalty. In his newest book, I’ll Be Back: How to Get Customers to Come Back Again and Again Shep outlines the must-have tools, tactics, and strategies companies need to recession-proof their business by providing unmatched customer experiences.

Make sure to download this episode to get the inside scoop on what you should be doing to build a raving tribe of extremely loyal customers.

The New Era of Customer Service

In sales we’ve experienced a shift in how we reach and engage with prospects in this new modern buyer’s market.

But, I wanted to get clear on what Shep saw as the transition that’s happening (or needs to happen) in order to nurture customers along their buying journey.

He shares, “Things haven't changed the customers that we service, they still want to be taken care of. And, when they're finished with whatever the interaction is, they want to be happy.”

At Vengreso, we teach the art of modern selling and how these sales principles can cut across all departments within your organization. Because when you are “selling with service” many of the ideas and techniques that work in prospecting and sales can (and should) be translated to the customer service teams.

For example, if your prospects have a stellar experience with the sales team and then commit to buy from you. But, then experience lackluster customer service and decide to never buy from you again, then your teams are in essence working against each other.

That’s why Shep says, “Sales leaders need to recognize that no matter what business they’re in, customers are always benchmarking their experiences based on the best service or experience they've had from other businesses in the marketplace.”

So, if they’re accustomed to fast, overnight delivery (thanks to Amazon) or superior flight experiences (à la Southwest), then these become the new standards by which your business is judged on in terms of customer service.

Tune into the entire conversation to hear what Shep says differentiates a mediocre customer experience from one that will instantly turn customers into brand champions. And, why videos are a great strategy to connect with your customers on an intimate level.

What’s the Most Important Customer Service Metric?

For sales leaders, key metrics and data reign supreme! Which is why, here at Vengreso, our prospecting process is rooted in knowing our sales numbers and looking at what is really driving more booked calls and more sales conversions.

But, I wanted to get Shep’s take on what data is the most important for customer service to track and analyze. His answer wasn’t what most people think, “So many customer service people focus on Net Promoter Scores by asking the question: On a scale from 1 to 10, are you likely to recommend us? However, the key metric to track is rather customer behavior – did they actually recommend you?”

Studying customer behavior is such a critical component, not just for customer service but also for sales. I always champion that it’s important to know who your best customers are, what they are buying from you, and why they choose you over your competitors. That way you can infuse those key differentiators into your prospecting scripts on the front end and on the back end, when they’re customers, you can keep giving them more of what they love about you.

Shep agrees,“When you look at it, typically 80% of business comes from 20% of your customers. So, study their behavior and get clear on what you need to do to move as many customers into that top 20% because that's where you’ll get repeat customers that become loyal customers.”

Make sure to listen in to the full conversation – especially around the 17 minute mark – to hear the perfect way to handle a customer complaint.

What Really Shapes The Customer Service Experience?

How you treat your customers is often what can propel a company to become an industry leader. However, so many organizations fail to do what it takes to deliver an exceptional customer experience. I wanted to see what Shep thought separates those who struggle to keep customers from those who can instantly attract them and keep them coming back for more.

“Amazement in terms of customer experience is within reach for every company – big and small. It’s not about being over the top, it's about providing consistent and predictable experiences that customers can depend on.”

It’s what Shep calls knowing how to master the “moments of magic” that wins customers over again and again. But, how you handle the “moments of misery” will also define your ability to retain those top 20% of customers.

Tackling those “moments of misery” is what Shep has studied for years and why he recommends using this easy 5-step approach:

  1. Apologize – saying “I’m sorry” goes a long way in the customer’s mind.
  2. Acknowledge – recognize that an error or miscommunication has occurred.
  3. Fix it – work to find a resolution for the customer and keep them informed.
  4. Own it – take ownership of what has happened and seek to fix – not to blame.
  5. Act with urgency – customers want swift action, so give it to them every time. 

This is such a great example of a framework that may require actions from various departments. Which is why I say the customer journey must be owned by not just sales, or the customer service team – but by all levels of the organization.

Download the episode to hear the “train wreck” customer service story I share and what Shep recommends should have been done.

This episode of The Modern Selling Podcast was brought to you by OrgChartHub, a sales tool that integrates into HubSpot, giving your sales team the ability to be more strategic, map out buyers, reporting structures, and identify the role of each buying influencer within an account.

07 Feb 2023Maximizing Your Success Rate: The Art of Selling to Sellers with Tom Rowe #22900:53:35

Maximizing Your Success Rate: The Art of Selling to Sellers with Tom Rowe #229

 

26 Oct 2021Human-Centered Communication with Ethan Beute & Steven Pacinelli, #18900:54:03

In the very one-dimensional sales world that many sales teams currently operate in, it’s becoming harder to increase the number of high-quality leads, book more sales calls, and boost conversion rates.

That’s why the sales conversation must shift from “spray and pray” methods to sales strategies that leverage the art of human-centered communication.

In this episode of The Modern Selling Podcast, I tackle this interesting topic of how to humanize the sales journey with two of the leading experts in the field, Ethan Beute and Steven Pacinelli.

Listen in to the full conversation, so you don’t miss a single sales insight from this powerhouse duo’s new book, Human-Centered Communication: A Business Case Against Digital Pollution. I recently had the privilege to be included in their book and contribute my unique perspectives on the topic of video sales strategies (see page 133!).

Here’s a little more about this episode’s expert guests:

Ethan Beute is the Chief Evangelist at the video messaging company, BombBomb, host of The Customer Experience Podcast, and co-author of the books, Rehumanize Your Business and Human-Centered Communication. For the past decade, Ethan has helped business professionals cultivate “video relationships” with their prospects to rapidly grow sales and build loyal customer followings. If Ethan’s insights weren’t already more than enough, he was joined by Steven Pacinelli, BombBomb’s Chief Marketing Officer.

Steven Pacinelli has a very diverse background where he’s served as a Sales Manager, a Vice President of Events, and the National Speaker for Realtor.com, delivering presentations to more than 1,000 audiences. Known for his innovative sales and marketing strategies, Steven has consistently been named a Top 20 Social Influencer, according to the Swanpoel Report.

Make sure to download this episode to catch the innovative personalization and human-centered strategies that Ethan and Steven recommend to move the sales needle.

What Are Sales Teams Getting Wrong?

Video messaging platforms, like BombBomb, are on the forefront of revolutionizing how sales teams accelerate prospecting and get more ‘hellos’. In fact, a Vengreso survey found that 69% of sellers reported that prospecting was the hardest part of sales. But, it doesn’t have to be that way.

I asked Ethan and Steven, “what’s the biggest issue with prospecting that you see?”

Their answer was exactly what I detailed in my chapter of Human-Centered Communication.

Ethan believes that, “Most prospects don’t know who you are or if they can trust you. Salespeople are asking them to book an appointment, but there’s instant resistance because they don’t know anything about you, your product, or your service. So, it really becomes, how do you break through this increasingly noisy and polluted digital environment?”

This is why part of our Vengreso prospecting method is to intentionally build trust first to foster engagement before shifting to focus on building the relationship and then generating revenue.

The only challenge I’ve found is that many sales teams are not intentional or conscious about what they're doing and as a result they inevitably frustrate, confuse, or annoy their prospects. 

Instead, we teach our sales leaders to start with empathy and consider what the prospect’s major pain points are, so they can deploy a host of personalization strategies to better engage and drive more value-driven sales conversations.

Steven has a lot to share on this topic of prospecting, “The goal in sales should be to answer the question: How can we approach our work in such a way that we put our prospects’ wants and needs on a level playing field as our desires, as the sellers?”

To hear Steven’s detailed answer, join the conversation to hear what he says are THE best tactical, mindset, and sales strategies to produce better outcomes, forge stronger relationships, and produce more sales revenue.

What Is Digital Pollution?

This is a unique concept introduced in the first chapter of Human-Centered Communication. So, I had to ask Ethan and Steven to clarify what is and how sales teams can avoid polluting their prospect pools.

According to Ethan, “digital pollution” is something we all have experienced, as consumers. Digital pollution is the onslaught of irrelevant, unsolicited, and impersonal sales messages from a company you likely have never heard from, trying to convince you to buy a ‘thing’ you’re not even sure you have a need for.

I asked Ethan to explain more about the impact that digital pollution is having on buyer behavior. 

He shares, “All of this digital pollution leaves consumers in a place of constant distrust. Can they really click on the link in the email without their data being compromised? So, they live with their guards up all the time. As sales professionals, we don’t want to intentionally pollute this digital sales space. Instead, we want to drive value during every sales touchpoint.”

This points back to the importance of knowing how to personalize your sales communications. We go deep into the topic of hyper-personalization in my interview with Michael Labate.

 To tune into this episode with Ethan and Steven to hear firsthand what they recommend sales professionals do to not be digital polluters.

Is Video Communication Critical in Sales & Marketing? 

I’m a big proponent of sales enablement technology, especially tools like our auto text expander FlyMSG. However, unless proper sales training is conducted, many sales teams lack the understanding to effectively use the tools and technology at their fingertips.

And, one of those sales strategies that is being severely underutilized is video. This is why we created an entire suite of training to help sales teams build Video Sales Mastery that drives more sales conversations.

Because according to Cisco, 80% of the world’s web traffic is driven by video consumption. However, although marketers identify video-based messaging as being a top marketing initiative, sales leaders aren’t dedicating time or resources to using this medium.

I was curious to get the duo’s perspective on what may be causing the marketing and sales disconnect and why video was such an important part of prospecting that every modern seller could use.

Steven explains, “Video puts a face in front of your prospects, which gives your message a more human feel. And, if you have a solid message, that's welcomed by the recipient, that's valuable to them, and you do it through video with passion and conviction – then video can easily move the sales conversation forward.”

Make sure to listen to the full episode to hear Steven’s unique example of how sales teams can use personalized videos to get prospects to lean in and ready to book a sales call.

03 Sep 2024Merging Tech Companies: 4 Strategies for Sales Success | Casey George | MSP #28100:52:15

Want to learn the solution for smoothly integrating two companies into one, and achieve a seamless transition for sales teams? We're sharing the key to achieving that result. Let's dive into the solution together!

Have you been told to follow a certain strategy to merge companies, but it's not producing the results you need?

The pain of facing uncertainty and disruption during company mergers is all too real. If you've been feeling this frustration, it's time to learn a new approach that empowers you to navigate company integrations smoothly.

Elevating Sales Leadership
The episode highlights the importance of strong sales leadership in navigating company mergers. Leaders like Casey George emphasize the need for aligning financial metrics with sales objectives. Hiring the right people, empowering them, and fostering a culture of transparency and open communication are key aspects of effective sales leadership.

This is Casey George's story:

Casey George's journey into the industry is a testament to the power of experience and resilience. With a career spanning 20+ years, including leadership roles at IBM and a stint at Talend, now the EVP of Global Sales at Qlick, Casey's insight into the world of sales is unmatched. As he shares his experiences and strategies for integrating merging companies, his passion for music and love for the '80s shine through, adding a personal touch to his professional wisdom. Casey's approach of moving fast and embracing imperfection resonates with the challenges of merging companies, capturing the essence of adapting and learning in the face of change. His four pillars of financial, people and culture, enablement, and systems provide a roadmap for companies navigating integration, offering a blend of practical advice and personal anecdotes. Casey's narrative style creates a relatable and engaging journey, making his insights not just informative, but also inspiring.

The more mature reps know that the money will follow if they're successful, and successful to them is hitting that target. Driving value for their clients on a consistent basis, and therefore hitting their targets. And then the money follows. - Casey George

In this episode of The Modern Selling Podcast, Casey George, the Executive Vice President, Global Sales at Qlik, shares his extensive 20+ year career experience, including leading sales teams through company mergers. With a focus on integration strategies and the challenges of merging companies together, Casey's insights offer practical advice for sales leaders navigating similar situations. He emphasizes the need to anticipate challenges, prioritize the sales team in the integration process, and the importance of an adaptive approach. Casey's personal anecdotes and practical takeaways provide valuable insights for professionals in the tech and sales industries, making this episode a must-listen for sales leaders looking to drive smoother company integrations. Don't miss out on learning from Casey's experience and gaining actionable strategies for successful company mergers!

In this episode, you will be able to:

  • Master Integration Strategies for Merging Companies: Learn the secrets to successful company mergers and how to navigate the complexities with finesse.

  • Elevate Sales Leadership During Company Transitions: Discover how to lead your sales team through company mergers with confidence and effectiveness.

  • Maximize Sales Team Performance: Uncover the strategies to boost your sales team's productivity and success during a company integration.

  • Learn the Importance of Sales Enablement in Mergers: Explore the critical role of sales enablement in ensuring a smooth transition and sustained sales growth post-merger.

  • Navigate Corporate Cultures Post-Merger: Gain insights into effectively managing the merging of corporate cultures to foster a harmonious and productive environment.

 

Key Moments:
00:00:00 - Intro 🎬
00:01:19 - Getting to Know Casey George 👥
00:08:13 - Merging Qlik and Talend 🤝
00:12:06 - Integration Strategy for Sales Leaders 🧠
00:14:25 - Key Sales Integration Pillars 📊
00:19:55 - Tackling Challenges with the CFO 💼
00:22:40 - Impact of Financial Metrics in Sales 💰
00:25:10 - Communicating Financial Goals 📈
00:27:22 - Empowering the Right People 🌟
00:29:40 - Building a Successful Culture 🏆
00:30:48 - HR’s Role in Transformation 🔄
00:31:07 - Sales Enablement and Cross-Selling 🔗
00:35:00 - Essential Leadership Qualities 🧩
00:42:06 - Importance of Communication in Sales 🗣️
00:43:23 - Managing Financial Goals and Expectations 📊
00:44:51 - Effective Communication and Succession Planning 📅
00:47:04 - Seeking Feedback and Expertise 🛠️
00:49:44 - Outro 👋

Timestamped summary of this episode:
00:00:09 - Introduction to FlyMSG and the Modern Selling Podcast
Mario Martinez introduces Vengreso and FlyMSG, the free personal writing assistant, and sets the stage for the episode of the modern selling podcast featuring Casey George, EVP of Global Sales at Qlick.

00:01:19 - Getting to Know Casey George
Mario and Casey discuss Casey's background in sales and his 27-year career in the industry, sharing personal anecdotes and insights into their experiences.

00:08:13 - Merging Qlik and Talend
Casey describes the merger of Qlik and Talend, highlighting the strategic decision to integrate the two companies to create an end-to-end data journey for customers, touching on the challenges and opportunities of the integration.

00:12:06 - Integration Strategy for Sales Leaders
Casey shares the approach to integration, emphasizing the need to move fast, anticipate challenges, and prioritize financial, cultural, operational, and technological aspects of the integration process, providing insights into the decision-making and execution.

00:14:25 - Key Sales Integration Pillars
Casey discusses the four key pillars of sales integration strategy: financial, people and culture, enablement, and systems.

00:19:55 - Tackling Challenges with the CFO
Casey explains the importance of partnership between sales and finance, and the need for transparent communication and flexibility to align on growth objectives.

00:22:40 - Impact of Financial Metrics in Sales
Mario shares a personal story about the challenges of aligning financial metrics from the field level to high-level financial objectives, emphasizing the need for transparency and understanding down the sales hierarchy.

00:25:10 - Communicating Financial Goals
Casey stresses the importance of personalized communication to help individuals understand how their success contributes to the company's financial goals, while also highlighting the need for open dialogue and transparency.

00:27:22 - Empowerment
Casey discusses the importance of hiring the right leadership and empowering them to implement the right culture and personalities within the organization, ultimately leading to successful sales integration.

00:28:21 - Empowering the Right People
Casey emphasizes the need for finding the right people and empowering them to make decisions for their business. He highlights the need for autonomy and accountability in leadership.

00:29:40 - Building a Successful Culture
Casey discusses the importance of creating a successful culture within the organization. He emphasizes the need to merge the strengths of different companies and discard any challenges, with a focus on making every employee successful.

00:30:48 - HR's Role in Transformation
Casey highlights the critical role of HR in managing the people aspect of the transformation process. He emphasizes the need for the right compensation plans, incentives, and leadership training to ensure a smooth transition.

00:31:07 - Sales Enablement and Cross-Selling
Casey talks about the challenges of merging two companies with different product offerings. He emphasizes the importance of enabling the sales team to effectively sell the full portfolio and shares a successful incentive strategy to drive enablement.

00:35:00 - Essential Leadership Qualities
Casey discusses the key qualities senior leaders should display during times of transition. He emphasizes the importance of transparency, authenticity, and passion in leadership, highlighting their impact on motivating and engaging the team.

00:42:06 - Importance of Communication in Sales
Casey emphasizes the importance of reps communicating their motivations to their management. Articulate communication helps managers create success plans for their reps.

00:43:23 - Managing Financial Goals and Expectations
Casey stresses the significance of communication in managing financial goals and keeping the CEO and board happy. Transparent and frequent communication, setting right expectations, and managing up are essential.

00:44:51 - Effective Communication and Succession Planning
Mario shares a story of effective communication and succession planning within his organization. He highlights the importance of understanding and predicting what is important to the person above you.

00:47:04 - Seeking Feedback and Expertise
Casey underscores the importance of seeking feedback and expertise from the board and CEO. He emphasizes the need for smart communication to tap into the knowledge and experience of higher-ups.

00:49:44 - Favorite Movie and Relating to Sales
Casey shares his favorite movie, "Hoosiers," and relates it to his experience in sales, emphasizing the themes of underdog victories and winning, which he can relate to in the sales industry.

Mastering Integration Strategies
Effective integration strategies are crucial for successfully merging companies, as seen in the episode with Qlik and Talend. The focus on financial, customer, employee, and operational considerations ensures a seamless transition. Anticipating challenges and taking a proactive approach to address issues leads to a smoother integration process.

Maximizing Sales Team Performance
Sales team performance is maximized through effective communication, motivation, and alignment with financial goals. Providing the right tools, training, and incentives enables sales teams to navigate the uncertainties of company mergers successfully. Transparency, over-communication, and collaboration with higher-ups drive sales team performance and contribute to overall business success.

The resources mentioned in this episode are:

  • Connect with Casey George on LinkedIn to learn more about sales leadership and best practices in the industry.

  • Download FlyMSG for free to save 20 hours or more in a month and increase your productivity with a free text expander and personal writing assistant.

  • Give the Modern Selling Podcast a five-star rating and review on iTunes to show your support and help others discover valuable sales insights.

  • Watch the movie "Hoosiers" for a feel-good underdog story and a great message about winning.

  • Check out the movie "Glory Road" for an inspiring true story about the first NCAA basketball team with an all-black lineup playing in the championship round.

17 Oct 2023Boost Your Sales with Personalized Communication Strategies - David Graswick00:47:50

Boost Your Sales with Personalized Communication Strategies - David Graswick

In a world where sales influencers typically write books to establish their expertise, Mario Martinez Jr. took a different path. Instead, he embarked on a journey that led to the creation of The Modern Selling Podcast, ultimately making him a sales influencer without ever writing a book. But what Mario didn't expect was the incredible impact he would have, with nearly seven years and 250 episodes of wisdom shared. And now, as he welcomes David Graswick, Vice President of Global Sales at DataBook, they uncover the unexpected key to sales success in the digital landscape. Brace yourself for a twist that will revolutionize the way you approach personalized communication, leaving you hungry for more.

Today's special guest is David Graswick, Vice President of Global Sales at DataBook. He joins host Mario Martinez Jr. on the 250th episode of The Modern Selling Podcast. Reflecting on his journey, Mario shares that he started the podcast to become a sales influencer without writing a book, a task he wasn't particularly fond of. Instead, he opted for the medium of podcasts and short videos. With almost seven years and 250 episodes under his belt, Mario is thrilled to have David as a special guest. David, who has been with Data Book for three years, is praised for his impressive three-year tenure as a VP of Sales, which is quite rare in the industry. Mario and David delve into the importance of securing C-suite meetings and the value they bring. They emphasize the need for sellers to understand the business problems they solve, as well as the different buyer personas within an organization. Articulating these solutions effectively is crucial to capturing the attention of executives. They also discuss the significance of personalized messaging, keeping it concise and attention-grabbing. With their combined expertise, Mario and David provide valuable insights for sales professionals in the digital landscape, aiming to improve sales outcomes through personalized communication.

Executives aren't moved by product features and content. Salespeople need to bring narratives and messaging that can be consumed in 30 seconds or less. - David Graswick

Meet David Graswick, the Vice President of Global Sales at DataBook. With over 21 years of experience in software sales, David is a seasoned professional who understands the value of personalized communication in the sales process. He believes that connecting with C-level executives is worth the extra effort, as it opens the door to uncovering additional budget and unlocking new opportunities.

David's strategic approach involves tailoring sales campaigns to address the unique needs and pain points of different buying personas, from top-level decision-makers to the doers in the middle and the end-users. His wealth of knowledge and expertise has helped countless sales professionals achieve success by focusing on personalized engagement and building meaningful relationships with key stakeholders.

We are thrilled to have David join us on the podcast to share his insights and strategies for leveraging personalization in sales. Get ready to gain valuable tips and techniques that will elevate your sales game to new heights.

In this episode, you will be able to:

  • Master the art of selling to the C-suite and unlock new opportunities for business growth.

  • Harness the power of personalization to supercharge your sales efforts and win over even the toughest prospects.

  • Unlock the potential of AI-powered writing assistance to effortlessly craft compelling messages that resonate with your audience.

  • Streamline your sales processes with technology and turbocharge your productivity, allowing you to focus on what truly matters – closing deals.

  • Elevate your writing proficiency to foster stronger connections with your prospects, leaving a lasting impression that sets you apart from the competition.

The key moments in this episode are:
00:00:08 - Introduction

00:01:08 - Celebrating 250 Episodes

00:03:39 - Introduction of David Graswick

00:06:33 - Fun Fact about David

00:08:38 - The Value of C-Level Meetings

00:16:36 - Articulating the Business Problem

00:18:04 - The Need for Strategic Selling

00:19:55 - Creating a Tight Narrative

00:21:18 - The Power of Brevity

00:25:34 - Effective QBRs

00:27:38 - Elevating Business Acumen

00:32:26 - Identifying and Solving a Problem

00:33:55 - Presenting to C-Level Suite

00:36:32 - Building Relationships with Executives

00:36:57 - Finding Champions

00:40:49 - Using an Omnichannel Approach

00:47:20 - Introduction to Flymsg.IO

00:47:33 - Conclusion

Timestamped summary of this episode:
00:00:08 - Introduction
Mario Martinez Jr. introduces the podcast and its purpose, which is to provide insights and tips to help sales professionals improve their sales numbers at scale.

00:01:08 - Celebrating 250 Episodes
Mario expresses his gratitude to the listeners for making the podcast successful and announces that this is the 250th episode.

00:03:39 - Introduction of David Graswick
Mario welcomes David Graswick, Vice President of Global Sales at Data Book, as the special guest for the 250th episode. David shares his background in sales and his role at Data Book.

00:06:33 - Fun Fact about David
David reveals that he was a two-time horseshoe champion in Pittsburgh during his younger days, showcasing his talent in an unexpected sport.

00:08:38 - The Value of C-Level Meetings
Mario asks David about the importance of getting C-level meetings. David highlights the benefits of engaging with C-level executives early in the sales process, as it can unlock additional budget and lead to more strategic conversations.

00:16:36 - Articulating the Business Problem
Many sellers struggle to articulate the business problem their product or service solves, which hinders their ability to impress executives. Focusing on product features instead of business problems is a common challenge among sales professionals.

00:18:04 - The Need for Strategic Selling
Economic conditions have forced organizations to realize that sales teams need to be more strategic. The product feature-focused approach that worked in the past is no longer effective. Salespeople must attach themselves to high-impact problems to capture executive interest.

00:19:55 - Creating a Tight Narrative
To get the attention of executives, salespeople need to align their messaging with what the executives care about. This means understanding their personal and business goals and linking them to the solutions they provide. Concise messaging is crucial.

00:21:18 - The Power of Brevity
Salespeople should assume that their messages will be read on smartphones. Keeping messages short and to the point is essential. The first two sentences of a message can determine whether an executive continues reading or moves on.

00:25:34 - Effective QBRs
QBRs should be concise and focused on what executives care about. A successful QBR should include an executive summary that ties financial metrics, operational metrics, strategic priorities, and the value story together. This approach maximizes the chances of getting executive attendance.

00:27:38 - Elevating Business Acumen
Sellers need

00:32:26 - Identifying and Solving a Problem
The conversation starts with a discussion about identifying a problem and finding a solution. The speaker talks about how they were able to save over $100,000 a month by solving a coverage issue at their office using wireless repeaters and building a core infrastructure.

00:33:55 - Presenting to C-Level Suite
The speaker discusses the importance of understanding what C-level executives care about and framing the conversation around those concerns. They share an example of how they saved $1.2 million for a company by not reducing their costs, but by reducing another provider's cost.

00:36:32 - Building Relationships with Executives
The speaker shares a strategy they used to build relationships with C-level executives. They started with 15-minute coffee meetings and gradually developed strong relationships that led to attending important meetings and events together.

00:36:57 - Finding Champions
The importance of finding champions in an organization is discussed. The speaker differentiates between a coach and a champion, emphasizing that a champion has access to power and is willing to help you reach the C-suite. If you don't have a champion, find someone else who is willing to break through roadblocks.

00:40:49 - Using an Omnichannel Approach
The speaker emphasizes the importance of using an omnichannel approach to engage with executives. They mention that cold outreach is often necessary, but it should be combined with other channels such as personalized emails and video messages to increase

00:47:20 - Introduction to FlyMSG.io
FlyMSG is a free text expander and personal writing assistant. The host expresses gratitude to the listeners and hints at the next episode.

00:47:33 - Conclusion
The episode ends with the host bidding farewell with the phrase "Lam." No specific information or key takeaways are mentioned in this part.

AI-powered Writing Assistant
An AI-powered writing assistant, like flymsg IO, can significantly streamline and improve sales communications, addressing the ever-increasing need for efficiency and effectiveness in the highly competitive digital landscape. These tools utilize natural language processing to provide real-time, personalized writing assistance, enabling sales professionals to craft clear, concise, and impactful messages. Not only does this help to engage and capture the attention of potential customers, but it also allows sales teams to focus more on building relationships and closing deals.

Master Selling to the C-suite
Engaging the C-suite is a key aspect of successful sales operations. When selling to executives, it's vital to focus on the business problems that your product or service can solve, not the product features. By understanding what financial metrics and goals the executives prioritize, salespeople can tailor their messaging to align to these areas, enhancing the chance of securing a successful meeting and concluding the sale.

Personalization
Personalization in sales is not just a matter of courtesy; it’s also a proven strategy for achieving better results. A personalized approach to sales allows salespeople to develop strong relationships with their prospects by directly addressing their needs, challenges, and objectives. By crafting personalized messages that engage and resonate with the prospects, sales professionals are more likely to drive conversions and foster long-term relationships.

The resources mentioned in this episode are:

  • Visit the FlyMSG.IO website to download the free personal writing assistant and text expander application.

  • Subscribe to the Modern Selling Podcast on your preferred podcast platform to stay up-to-date with the latest episodes.

  • Connect with Mario Martinez Jr. on social media to engage with his content and stay informed about sales strategies.

  • Learn more about Data Book, the company where David Graswick is the Vice President of Global Sales, by visiting their website.

  • Consider the benefits of targeting C-level executives and the potential for unlocking additional budgets by engaging with them in a strategic manner.

  • Research financial metrics that are important to C-level executives and use this information to have more meaningful conversations with them.

  • Remember that there are multiple buying influencers within an organization, so develop a sales campaign that addresses the needs and pain points of each persona.

  • Recognize the importance of engaging with middle-level employees who are responsible for implementing solutions and may serve as champions for your product or service.

  • Don't overlook the users and lower-level employees who will be directly using your product or service on a regular basis.

  • Prioritize personalization and tailor your pitch to the specific needs and challenges of each executive you are pitching to.

14 May 2024From Introvert to Sales Leader00:49:06

From Introvert to Sales Leader

Hey, sales pros! Tired of feeling like you're just not cut out for sales because you're an introvert? Have you been told to just "fake it till you make it" and it's only left you feeling drained and ineffective? If you're ready to tap into your natural strengths and see real results, it's time to leverage your introverted superpowers in sales. Get ready to unlock your full potential and transform your approach to sales effectiveness.

Discover the surprising link between effective networking, introverted personalities, and increased sales performance. Uncover the unexpected movie that inspires a sales expert, and how it can revolutionize your approach to prospecting and selling. Stay tuned to find out how to leverage this unique insight for your own sales success.

Unleash the Power of Introverts
Introverts bring unique strengths to sales teams, challenging traditional stereotypes. With the right system in place, introverts can excel in sales by leveraging their structured approach and deep knowledge. Embracing introverted traits can lead to long-term success in sales, creating a more diverse and effective team dynamic.

This is Matthew Pollard's story:

Matthew Pollard's sales journey began unexpectedly after losing his job right before Christmas, thrusting him into the world of sales as an introverted individual. Despite initially feeling overwhelmed by the thought of sales, he persevered, teaching himself through online resources and quickly rising to become the top salesperson in his company. As he continued to excel and take on leadership roles, his focus shifted towards empowering introverted sales professionals, challenging the belief that introverts are at a disadvantage in sales. His introduction to Mario Martinez Jr.'s brand occurred at the AI SP leadership summit, sparking thought-provoking conversations about introversion, extroversion, and the unique strengths introverts bring to the sales arena. This encounter laid the groundwork for a deeper exploration of sales and leadership, leading to the creation of Matthew's book, "The Introvert's Edge to Selling," and his unwavering commitment to reshaping the narrative around introverted success in sales.

Networking is not about you. The number one rule in sales is not about you. The number one rule of being on a podcast or speaking from stage, it's not about you. So why does everyone make it about themselves? - Matthew Pollard

My special guest is Matthew Pollard

Matthew Pollard, also known as the Rapid Growth Guy, is an award-winning and best-selling author of The Introvert's Edge series. As an introverted individual who discovered his sales prowess through self-teaching, he's driven to revolutionize the way introverts are perceived in sales. With over a decade of experience and a track record of fostering five multimillion-dollar success stories, Matthew is passionate about empowering introverted sales professionals to leverage their strengths and achieve unparalleled success. His refreshing approach to sales leadership and his belief in the power of personalized storytelling has made him a sought-after influencer in the sales community.

In this episode, you will be able to:

  • Maximize sales team performance by leveraging the strengths of introverts.

  • Elevate your sales game with the powerful impact of storytelling.

  • Unlock effective networking strategies tailored for introverted sales professionals.

  • Lead a diverse sales team to success by understanding and embracing different personalities.

  • Master the art of implementing sales methodologies for maximum effectiveness.

 

The key moments in this episode are:
00:00:08 - Introducing Vengreso and FlyMSG

00:01:13 - Overcoming Introverted Sales Challenges

00:04:43 - Revealing a Personal Secret

00:10:06 - The Misconception of Introversion

00:11:23 - Redefining Introversion

00:11:48 - Understanding Introversion and Extroversion

00:13:12 - Overcoming Introverted Challenges

00:14:08 - Leveraging Personal Strengths

00:16:01 - Managing Introverted Talent

00:17:24 - Fostering Belief and Adaptation

00:23:22 - Leveraging Introverted and Extroverted Sales Strengths

00:24:59 - Overcoming Beliefs About Introverted Salespeople

00:26:18 - Finding Success through Sales Methodology

00:28:08 - Empowering Sales Teams through Mindset Transformation

00:32:01 - The Journey to Sales Success

00:35:26 - Improving Sales Call Openings

00:37:13 - The Power of Storytelling in Sales

00:39:38 - The Science Behind Storytelling

00:41:40 - Networking for Introverts

00:45:48 - Connecting with Matthew Pollard

00:46:46 - The Warrior - A Hidden Gem

00:47:01 - The Power of Unrecognized Movies

00:47:33 - Productivity and Sales Technology

00:48:14 - The Modern Selling Podcast Wrap-Up

Timestamped summary of this episode:
00:00:08 - Introducing Vengreso and FlyMSG
Mario introduces Vengreso and FlyMSG.IO, an application to help sales professionals grow their numbers at scale.

00:01:13 - Overcoming Introverted Sales Challenges
Matthew discusses his journey from introverted salesperson to successful CEO, highlighting how introverts can excel in sales with the right strategies.

00:04:43 - Revealing a Personal Secret
Matthew shares his love for rap jumping, a unique activity that contrasts with his conservative public image, highlighting the importance of pursuing hobbies and experiences outside of work.

00:10:06 - The Misconception of Introversion
Matthew challenges the misconception of introverts as shy and reclusive, highlighting successful introverted individuals in sales and leadership, breaking stereotypes and empowering introverted individuals.

00:11:23 - Redefining Introversion
Matthew defines introversion as a misunderstood personality trait, emphasizing the shift in perception and acceptance of introverted individuals in various industries, including sales and entrepreneurship.

00:11:48 - Understanding Introversion and Extroversion
Matthew Pollard explains the difference between introverts and extroverts, and how people often misjudge others based on their own perceptions.

00:13:12 - Overcoming Introverted Challenges
Pollard discusses the misconceptions about introverts and highlights successful introverted individuals in various fields, challenging the stereotype of introverts being unable to excel in certain areas.

00:14:08 - Leveraging Personal Strengths
Pollard shares how he has harnessed his introverted nature to become a successful speaker and salesperson through careful planning, preparation, and practice.

00:16:01 - Managing Introverted Talent
Pollard emphasizes the importance of understanding and leveraging introverted talent in sales leadership, highlighting the need for different management styles for introverts and extroverts.

00:17:24 - Fostering Belief and Adaptation
Pollard advises on how to help introverts gain belief in the sales process and leverage their strengths, while also encouraging extroverts to embrace learning and adherence to sales systems.

00:23:22 - Leveraging Introverted and Extroverted Sales Strengths
Matthew discusses the need to provide different frameworks for introverts and extroverts to reach the same goal. He emphasizes the importance of working together and leveraging each other's strengths in sales.

00:24:59 - Overcoming Beliefs About Introverted Salespeople
Matthew challenges the belief that introverts don't make great salespeople. He highlights the importance of helping introverts believe in themselves and their abilities, rather than succumbing to self-fulfilling prophecies.

00:26:18 - Finding Success through Sales Methodology
Matthew shares his belief that introverts can excel in sales once they find a sales methodology that works for them. He also discusses the need for extroverts to follow a system to achieve exceptional sales success.

00:28:08 - Empowering Sales Teams through Mindset Transformation
Matthew emphasizes the responsibility of sales managers to inspire and empower their teams to believe in their capabilities. He highlights the importance of transforming mindset to drive sales outcomes.

00:32:01 - The Journey to Sales Success
Matthew shares his personal journey of learning sales through dedication and practice. He underscores the value of learning a sales process and the impact it can have on individual sales success.

00:35:26 - Improving Sales Call Openings
Matthew Pollard discusses the common mistake of starting sales calls with small talk and advises introverts to lead with a researched introduction to engage the customer and avoid losing the deal in the first five minutes.

00:37:13 - The Power of Storytelling in Sales
Pollard emphasizes the importance of storytelling in sales, highlighting the need for a compelling and detailed narrative that engages the customer, creates rapport, and enables better retention of information.

00:39:38 - The Science Behind Storytelling
Pollard delves into the science behind storytelling, explaining how it activates the listener's brain, creates rapport, and increases information retention, benefiting both introverted and extroverted sales professionals.

00:41:40 - Networking for Introverts
Pollard shares insights on effective networking for introverts, emphasizing the need to shift the focus from self-promotion to serving others and connecting with individuals based on shared values and mission-driven objectives.

00:45:48 - Connecting with Matthew Pollard
Pollard invites listeners to connect with him on LinkedIn, where they can follow him for valuable insights and reach out with burning questions using the voice memo feature for personalized responses.

00:46:46 - The Warrior - A Hidden Gem
Matthew Pollard shares his all-time favorite movie, "The Warrior," a lesser-known film that he believes didn't get enough credit. The movie revolves around two brothers finding each other at an MMA fight, dealing with their family's divorce and an alcoholic father.

00:47:01 - The Power of Unrecognized Movies
Matthew Pollard expresses his love for the movie "The Warrior," highlighting its emotional depth and powerful storytelling. Despite its lack of popularity, he encourages listeners to watch and appreciate it for its greatness.

00:47:33 - Productivity and Sales Technology
Mario Martinez Jr. promotes Flymsg IO as a tool to save 25 hours a month in productivity, improve prospecting, and enhance buyer engagement. He encourages listeners to take advantage of the technology to scale their sales efforts.

00:48:14 - The Modern Selling Podcast Wrap-Up
Mario Martinez Jr. reminds listeners to leave a 5-star rating and review for the Modern Selling Podcast on iTunes. He also encourages them to download FlyMSG for free to save time and increase productivity in their sales endeavors.

Mastering the Art of Networking
Networking strategies for introverts focus on authenticity and serving clients' needs rather than transactional approaches. By embracing a mission-driven framework and leveraging their strengths, introverts can excel in networking. Thorough research, personalized engagement, and a focus on client needs are essential for building rapport and driving successful outcomes in networking efforts.

The Art of Persuasion
Storytelling plays a vital role in sales, allowing sales professionals to engage clients on a deeper level. By incorporating personalized and emotionally compelling stories, sales professionals can effectively capture buyer's interest and make a memorable impact. Mastery of storytelling techniques can enhance sales effectiveness and create meaningful connections with clients.

The resources mentioned in this episode are:

  • Connect with Matthew Pollard on LinkedIn to follow his updates and insights on sales and networking.

  • Download FlyMSG for free to save 20+ hours a month in productivity and learn how to prospect better and sell more with technology.

  • Watch the movie Warrior to experience the story of two brothers finding each other at an MMA fight, a tale of family, struggle, and triumph.

  • Give the Modern Selling Podcast a five-star rating and review on iTunes to support the show and help others discover valuable sales insights.

20 Jun 2023AI in Business Growth: Leveraging Strategies and Tools, with Ryan Staley #23900:56:08

AI in Business Growth: Leveraging Strategies and Tools, with Ryan Staley #239

Artificial Intelligence (AI) has become a game-changer in driving business growth. AI is transforming the way businesses run, giving them access to solutions and systems that can greatly enhance their performance and effectiveness.

In this blog post, we delve into how AI enhances SaaS sales and the role of text expanders in business communication. We also discuss the phases of implementing an AI tool, from understanding the four-phase approach to preparing your organization for AI integration.

We explore how SEO combined with AI aids in content creation at scale and ways to overcome challenges associated with large-scale content production. Furthermore, we shed light on common mistakes made by SAS CEOs during customer base expansion and provide effective strategies for growth.

The final part of our discussion focuses on the pivotal role B2B sales and marketing executive leadership plays in company growth. Stay tuned as we unravel how experience impacts executive leadership roles and ways to leverage product-led strategies along with outbound events for company expansion.

Join us as we navigate through these critical aspects of leveraging AI for business growth - a journey towards increased automation, better decision-making process, enhanced customer experience while gaining a competitive edge in today's dynamic business world.

Leveraging AI for Business Growth

It's revolutionizing various sectors, including sales and marketing, by automating tasks and providing valuable insights into customer behavior. One area where AI has made significant strides is in enhancing SaaS sales.

How AI Improves SaaS Sales

In the realm of SaaS sales, most leaders struggle with efficiency and productivity. That's where tools like Fly Message, an innovative text expander powered by artificial intelligence, come into play. By deconstructing complex processes such as email communication or LinkedIn messaging, Fly Message enables swift responses, thereby improving productivity.

  • Email Efficiency: With Fly Message's intelligent algorithms that predict your response based on past interactions, you can reply to emails faster than ever before.
  • Social Media Engagement: The tool also aids in quickly responding to LinkedIn messages, which enhances social media engagement - a critical aspect of modern-day business communication.

The Role of Text Expanders in Business Communication

Apart from boosting efficiency and speed in replying to emails or messages on platforms like LinkedIn, text expanders also improve accuracy and consistency across all communication channels within an organization. They allow users to create shortcuts for frequently used phrases or sentences, thus saving time spent typing repetitive content while ensuring uniformity across all company correspondence.
By leveraging these capabilities offered by AI-powered tools like Fly Message, businesses can streamline their operations, leading to improved overall performance.

AI is the future of business growth, and companies that embrace it will have a competitive edge. If you wish to stay on the cutting edge, start taking advantage of AI now.

Phases of Implementing an AI Tool

Introducing an AI tool to your business operations is not a one-step process. It involves several phases that require careful planning, development, integration, and evaluation.

Understanding the Four-phase Approach

The four-phase approach for implementing an AI tool typically includes planning, development, integration, and evaluation stages. For instance, Fly Message, a text expander that aids in replying to emails and LinkedIn messages swiftly, is currently in its first phase out of these four planned stages.

  • Planning: Identify what you want the AI tool to achieve within your business operations and how it will fit into existing processes.
  • Development: Work with developers or vendors to create or customize the tool according to your specific needs.
  • Integration: Integrate the new technology into current systems and train staff on how best to use it effectively.
  • Evaluation: Measure performance against set objectives regularly after launch and make necessary adjustments based on feedback from users as well as data analysis results.

Preparing Your Business for an AI Tool Integration

To ensure seamless integration of an AI solution into your company's workflow without disrupting productivity requires careful preparation. Everyone involved should understand why this new technology is being introduced, whether it's about increasing efficiency or improving customer service, so they can fully support its implementation.

Additionally, consider conducting training sessions for employees who will be using the software daily so they can get familiar with its functionalities before going live. Remember that just because something works during testing doesn't mean there won't be hiccups when rolled out at scale; hence continuous monitoring post-implementation is crucial too.

Content Creation at Scale with SEO and AI

The rise of technology has revolutionized various industries, and content creation is no exception. AI and SEO make it possible for companies to produce a large amount of excellent content quickly.

Advantages of Using SEO and AI Tools for Content Creation

By utilizing SEO tools, businesses can create content tailored to their target audience's search habits, thus increasing website visibility and traffic. Meanwhile, AI tools, such as natural language generation software, automate the content creation process, producing unique and engaging content at scale.

Overcoming Challenges in Large-Scale Content Production

Producing quality content consistently can be a difficult task, especially when there are time constraints or limited personnel. However, AI-powered writing assistants can help overcome these hurdles by speeding up the writing process without compromising quality.

  • Faster production: AI tools enable rapid creation of multiple pieces simultaneously while maintaining consistency across all outputs.
  • Better optimization: Incorporating SEO strategies ensures your articles rank higher on search engine results pages (SERPs), attracting more visitors to your site.
  • Ease-of-use: Most AI platforms have user-friendly interfaces, making them easy to navigate even for non-tech savvy individuals.

By leveraging the power of SEO and AI, businesses can create high-quality content at scale, driving traffic to their websites and boosting their online presence.

Common Mistakes Made by SaaS CEOs During Customer Base Expansion

Many SaaS CEOs make critical mistakes that hinder growth while expanding their customer base. One of these is focusing all resources on acquisition channels responsible for only 20% growth within their client profile.

Pitfalls to Avoid During Customer Base Expansion

  • Over-reliance on a single channel: It's easy to fall into the trap of over-investing in one marketing or sales channel, especially if it has shown some success. However, this approach can lead to diminishing returns and may leave your business vulnerable if that channel becomes less effective.
  • Neglecting existing customers: While acquiring new customers is important, retaining existing ones should not be overlooked. Existing customers are more likely to purchase again and can become advocates for your brand.
  • Lack of diversification: Relying too heavily on a few big clients can also be risky. If you lose one major account, it could have a significant impact on your revenue stream.

Effective Strategies for Growing a Customer Base

  • Diversify Your Marketing Channels: A multi-channel strategy will allow you to reach different segments of your target market and reduce reliance on any single source. Forbes
  • Foster Relationships with Current Customers: Create loyalty programs or offer exclusive deals to encourage repeat purchases from current clients. Happy customers are also more likely to refer others. Entrepreneur
  • Risk Mitigation Strategy: Analyze potential risks associated with each client or sector you serve so as not to put all your eggs in one basket. This might involve spreading risk across multiple sectors or geographies. CIO

The key takeaway here is balance - while pursuing new leads is crucial for expansion, nurturing relationships with current clientele forms an equally essential part of a sustainable growth strategy.

 
Key Takeaway: 

SaaS CEOs often make mistakes when expanding their customer base, such as over-relying on a single channel or neglecting existing customers. To effectively grow a customer base, businesses should diversify marketing channels, foster relationships with current customers through loyalty programs and exclusive deals, and mitigate risk by analyzing potential risks associated with each client or sector served. The key takeaway is to balance pursuing new leads while nurturing relationships with current clientele for sustainable growth.

Role of B2B Sales and Marketing Executive Leadership in Company Growth

The success of a company, especially in the SaaS industry, heavily relies on its leadership. B2B sales and marketing executive leaders play a critical role in driving growth and expansion. These individuals bring years of experience, extensive knowledge, unique perspectives, and tested strategies that can propel a business forward.

The Importance of Experience in Executive Leadership Roles

Experience plays an indispensable role in leading a business towards growth. A seasoned leader like Martinez Jr., with over 25 years as a B2B sales marketing executive leader, exemplifies this perfectly. His vast experience has equipped him with invaluable insights into market trends, customer behavior patterns, and effective strategies for sustainable growth.

Martinez's tenure saw significant strides made by companies such as Fathom video - achievements attributed largely to his expertise and innovative approach. This clearly illustrates how experienced leadership can steer an organization towards achieving their goals effectively.

Leveraging Product-Led Strategies and Outbound Events for Company Growth

Successful leaders understand the importance of leveraging various tactics for maximum impact on business performance. Martinez Jr., for instance, used product-led strategies alongside outbound events led growth tactics while growing Fathom video.

  • Product-led strategies: These involve using your product as the main vehicle for acquiring new customers or retaining existing ones - essentially making your product sell itself through exceptional user experiences or unique features that meet specific customer needs.
  • Outbound events: These are proactive initiatives where you reach out directly to potential clients or partners - think trade shows or webinars - which provide opportunities not only for direct selling but also networking and brand exposure.

Savvy use of these approaches helps create robust pipelines capable of delivering consistent results over time, ensuring sustained company growth.

 
Key Takeaway: 

Experienced B2B sales and marketing executive leaders like Martinez Jr. play a crucial role in driving company growth by leveraging their extensive knowledge, unique perspectives, and tested strategies. Their use of product-led strategies and outbound events can create robust pipelines for consistent results over time, ensuring sustained business expansion.

FAQs in Relation to Ai in Business Growth

How AI Boosts Business Growth

AI streamlines tasks, provides data-driven insights, and personalizes customer experiences, driving business growth.

The Impact of AI on Businesses

AI revolutionizes businesses by improving decision-making, operational efficiencies, and enabling predictive analytics. Built In has a comprehensive guide on this.

How AI Will Shape the Future of Business

AI's advanced automation and data analysis capabilities will redefine the future of businesses. Learn more from this article by Wharton Knowledge.

The Dark Side of AI

AI's negative impact on jobs is a growing concern. Learn more about the ethical concerns related to AI in business from this article by Forbes Tech Council.

How AI Algorithms Work

Curious about how AI algorithms work? This article by Investopedia explains the specifics.

Conclusion

Implementing AI tools can greatly benefit businesses looking to grow, improving SaaS sales and content creation at scale.

However, it's important to approach implementation strategically and avoid common mistakes made by SAS CEOs during customer base expansion.

Effective leadership from B2B sales and marketing executives is crucial for company growth through product-led strategies and outbound events.

By properly integrating AI into your business strategy, you can take advantage of significant growth opportunities.

Utilizing the advantages of SEO and text expanders while avoiding common pitfalls can help businesses succeed in AI for business growth.

For more information on the benefits of AI in business growth, check out these credible sources:

14 Nov 2023Negotiation Ninja Secrets: Leveraging Procurement for Sales Success - Mark Raffan, #25300:53:06

Does this sound familiar? You've been told that in order to achieve better negotiation outcomes, all you need to do is focus on your sales pitch and product features. But let's be honest, how many times have you felt the pain of losing a deal even after delivering a flawless presentation?

It's time to break free from that ineffective action and understand the procurement process. By gaining a deep understanding of how your buyers make purchasing decisions, you'll finally be able to unlock the secrets to winning and achieving the results you desire.

Mark Raffan, founder of Negotiations Ninja, brings a unique perspective to the world of negotiations. With a background in procurement, he has seen firsthand the inner workings of the "devil's lair" and understands the challenges salespeople face when dealing with procurement teams. Mark's mission is to transform unsuccessful negotiators into successful ones by providing training and coaching. He believes that the key to negotiation success lies in thorough preparation. Unlike the flashy portrayals we often see in movies, Mark emphasizes that most negotiations are strategic and require a well-thought-out plan. The biggest mistake people make is going into negotiations without a clear objective or strategy. Mark teaches salespeople how to define their goals and break them down into concrete, achievable outcomes. By understanding both their own needs and the broader objectives of their business, salespeople can negotiate effectively and drive value throughout the negotiation process. Mark's approach challenges the traditional view of negotiations and empowers sales professionals to take control and achieve better outcomes.

Don't sacrifice your own needs in favor of the customer. Be selfish and think about what you want to achieve in the negotiation, while still delivering value to the customer. - Mark Raffan

My special guest is Mark Raffan

Mark Raffan is the head of training at Negotiations Ninja, a prominent negotiation training and coaching business. With a background in procurement spanning over 15 years, Mark brings a wealth of experience and expertise to the table. Over the course of his career, he has helped numerous salespeople and procurement professionals improve their negotiation skills and achieve successful outcomes. With six years of running Negotiations Ninja, Mark has established the company as one of the leading negotiation training providers globally. Through their training programs, they have delivered valuable insights and strategies to companies across different continents. Mark's approach emphasizes strategic planning and value creation throughout the negotiation process. His extensive knowledge and practical guidance make him a trusted resource for individuals and businesses looking to enhance their negotiation capabilities.

In this episode, you will be able to:

  • Master negotiation strategies to achieve success in any business deal.

  • Achieve a balance between your personal and business needs during negotiations for optimal results.

  • Understand the procurement process to gain a competitive edge and improve your negotiation outcomes.

  • Unlock the power of goal-based negotiation to create maximum value for both parties involved.

  • Hone your negotiation skills through practice and become a more effective sales professional.

The key moments in this episode are:


00:00:08 - Introduction
00:01:48 - Background and Inspiration
00:05:24 - Juicy Fact
00:07:26 - Biggest Mistakes in Negotiations
00:10:36 - The First Step in Preparation
00:15:12 - Prioritizing Your Needs
00:17:07 - Aligning Sales and Business Objectives
00:18:51 - Lack of Clear Direction in Sales Leadership
00:22:38 - Importance of Financial Metrics in Sales
00:25:51 - Equipping Sales Teams for Success
00:29:11 - Selling with Belief in Value
00:30:48 - Dealing with Challenges and Fluctuations
00:32:05 - Negotiation as a Practice
00:34:16 - Continuous Learning in Negotiation
00:35:15 - Accessing Information about the Counterparty
00:42:43 - Understanding the Hot Buttons in Negotiation
00:43:48 - Born Negotiators vs Skill Development
00:46:15 - Individual Negotiation Training
00:47:48 - The Myth of Win-Win
00:51:35 - Favorite Movie and Closing

Timestamped summary of this episode: 


00:00:08 - Introduction
Mario Martinez Jr. introduces the podcast and the topic of negotiations. He welcomes Mark Raffin, the head of training at Negotiations Ninja, and mentions Mark's bestselling book, Nine Secrets to Win Deals and Influence Stakeholders.
00:01:48 - Background and Inspiration
Mark Raffin shares his background in procurement and how he transitioned to training salespeople in negotiations. He discusses his motivation for starting Negotiations Ninja, which was to create more engaging and effective corporate training.
00:05:24 - Juicy Fact
Mark reveals that he has made several salespeople cry during negotiations, which he considers both shameful and a badge of honor. He assures listeners that it's okay to feel frustrated or emotional during negotiations.
00:07:26 - Biggest Mistakes in Negotiations
The biggest mistake in negotiations is lack of preparation. Mark emphasizes the importance of strategic planning and having a clear goal in mind. He highlights the need to understand the buyer's perspective and hot buttons.
00:10:36 - The First Step in Preparation
The first step in preparation is clearly defining what you want to achieve from the negotiation. Mark points out that simply wanting a good deal isn't specific enough and encourages sellers to think about their desired outcomes in terms of value and profitability.
00:15:12 - Prioritizing Your Needs
The importance of considering your own needs before the customer's needs is highlighted. While the customer's needs are important, sacrificing your own needs can be detrimental. It is essential to identify and fulfill the needs of the business while also considering personal objectives.
00:17:07 - Aligning Sales and Business Objectives
The importance of aligning individual goals with the needs of the business is emphasized. By negotiating contracts that benefit both parties and contribute to the company's growth, salespeople can play a significant role in achieving corporate objectives.
00:18:51 - Lack of Clear Direction in Sales Leadership
The lack of clear communication and direction from sales leadership is discussed. Many salespeople are unaware of the specific goals and objectives of the business, resulting in missed opportunities. Sales leaders should provide their teams with clear objectives to guide their negotiations and decision-making.
00:22:38 - Importance of Financial Metrics in Sales
The separation between the sales team and the finance team is highlighted as a challenge. Salespeople often lack knowledge about the financial metrics and targets necessary to make informed decisions during negotiations. Sales leaders should demand transparency and provide their teams with the necessary financial information to negotiate effectively.
00:25:51 - Equipping Sales Teams for Success
The importance of arming sales teams with the necessary information and tools to negotiate effectively is emphasized. Providing a range of acceptable outcomes for various success drivers, such as price, IP risk, and brand risk, enables salespeople
00:29:11 - Selling with Belief in Value
It is crucial for salespeople to believe in the value their product or service brings to the organization and the client. If they don't believe in it, they should find something else to do. Belief in the mission, values, organization, and products is essential for success.
00:30:48 - Dealing with Challenges and Fluctuations
Sales professionals often face challenges and fluctuations in their products or organizations. It can be disheartening when things don't go smoothly, but maintaining belief in the mission and staying consistent in their efforts are key to success.
00:32:05 - Negotiation as a Practice
Negotiation should be viewed as a practice, similar to religious experiences or mindfulness practices. There is no end state of perfection, but by consistently applying negotiation techniques and continually improving, salespeople can achieve success.
00:34:16 - Continuous Learning in Negotiation
Negotiation is not a one-time skill, but a practice that should be continually developed. The more salespeople read and learn about negotiation, the more they realize there is always more to know. Consistently improving and being disciplined are key to success.
00:35:15 - Accessing Information about the Counterparty
To access information about the counterparty, salespeople should focus on four question sets: asking about success drivers, finding out what the counterparty wants, anticipating the questions the counterparty will ask, and reflecting on the perceptions of both parties in
00:42:43 - Understanding the Hot Buttons in Negotiation
Salespeople often miss understanding the hot buttons for individuals in the negotiation process. It is important to understand the structure and priorities of the procurement team and ask discovery questions to involve them earlier in the conversation.
00:43:48 - Born Negotiators vs Skill Development
There is no such thing as a born negotiator. While some people may have natural communication skills, negotiation is a skill that needs to be practiced and developed. Dedication, focus, and practice are key to becoming a successful negotiator.
00:46:15 - Individual Negotiation Training
Negotiation Ninja offers live training courses for individuals. While they don't offer on-demand training, the courses provide opportunities for practice and learning from procurement professionals and other salespeople.
00:47:48 - The Myth of Win-Win
The concept of win-win in negotiation is misleading. It assumes that both parties can truly win and agree on what is fair. Instead, focus on goal-based negotiation, setting aspirational goals and working towards achieving them to drive value for both parties.
00:51:35 - Favorite Movie and Closing
Mark's favorite movie is Casablanca. To connect with Mark, reach out to him on LinkedIn and check out his book "Nine Secrets to Win Deals and Influence Stakeholders." The episode closes with a reminder to download Flymessage IO for increased productivity.

Understand the Procurement Process

Raffan underlines that understanding the procurement process is an essential factor in negotiation outcomes. This understanding equips sales professionals with insights into the buyers' hot button issues and allows them to anticipate possible challenges. By involving the procurement team early in the conversations, salespeople can facilitate a more streamlined negotiation process, ultimately accelerating their organization's growth.

Master Negotiation Strategies

Mark Raffan highlights the importance of mastering negotiation strategies for sales professionals. He equates negotiation to a constantly evolving practice, not a one-time event, thus, emphasizing the need for ongoing learning and refinement. Developing and honing these negotiation skills can greatly improve a sales professional's ability to secure favorable deals and drive value for their organization.

Achieve Balance in Negotiations

Achieving a balance between personal objectives and the overall needs of the business is fundamental in negotiations, according to both Raffan and Mario. This requires maintaining open communication lines with various teams, comprehending the organization's holistic needs and objectives, and effectively translating corporate strategies to the sales team. It's about finding the sweet spot where personal and business needs align, leading to efficient and successful negotiations.

The resources mentioned in this episode are:

  • Check out FlyMSG:  the free personal writing assistant and text expander application created by Vengreso. Use this tool to improve your writing and productivity.

  • Get the book Nine Secrets to Win Deals and Influence Stakeholders: Purchase Mark Raffan's bestselling book, Nine Secrets to Win Deals and Influence Stakeholders. This book provides valuable insights and strategies for successful negotiations.

  • Listen to the Modern Selling podcast: Tune in to the Modern Selling podcast hosted by Mario Martinez Jr. In this episode, Mario and Mark discuss negotiations and provide valuable tips for winning over buyers. Take notes and apply these strategies to your own sales efforts.

  • Explore Negotiations Ninja training and coaching: Visit the Negotiations Ninja website to learn more about their negotiation training and coaching services. Whether you're a salesperson or a procurement professional, their programs can help you become more successful in negotiations.

  • Follow Mark Raffan on social media: Connect with Mark Raffan on social media platforms such as LinkedIn and Twitter. Stay updated on his insights and expertise in negotiations.

  • Sign up for Negotiations Ninja newsletter: Subscribe to the Negotiations Ninja newsletter to receive regular updates, tips

 

12 Jul 2022The Great Customer Resignation & How to Reduce Customer Churn with Craig Charlton, #21100:48:09

The past three years have seen radical shifts in the B2B sales landscape. From sales organizations having to go from in-person selling to virtual selling, to shifting how prospecting is done by leveraging online tools – there has been a lot to navigate. As sales leaders and sales teams have been focused on prospecting faster and more efficiently, there has been a quiet epidemic happening in the background.

Getting prospective customers into the sales funnel is part of the battle, but converting them and keeping them as customers is a whole other challenge. With so many options on the market and an oversaturation of generic sales and marketing messages, the retention strategies and personalization techniques used to retain customers must also evolve.

But, exactly how to prevent what one sales expert calls the “Great Customer Resignation” is the topic of this episode of the Modern Selling Podcast.

I’m excited to welcome a phenomenal guest who spends quite a bit of time researching the ins and outs of customer satisfaction and retention.

Craig Charlton, CEO of SugarCRM has spent over 25 years building and running high-growth businesses. Prior to joining SugarCRM in 2019, he was CEO of Oildex, a provider of financial automation software and services for the oil and gas industry, where he helped the company achieve 150% bookings growth, leading to the company’s acquisition by Drillinginfo. Before joining Oildex, Craig was CEO of Abila, a provider of financial and CRM software and services to associations, nonprofit organizations, and governmental entities. Abila, which was acquired by Community Brands, grew its revenues threefold and transformed its revenue base to a subscription-based (SaaS) model over a three-year period.

Prior to that, Charlton was senior vice president and general manager of Asia Pacific at Epicor Software Corporation, an industry-leading ERP solution provider, where he developed and executed the company’s regional strategy, achieving consistent revenue and profit growth.

Craig’s insights into what B2B sales organizations should be doing to boost customer retention is why this is a must-listen-to episode!

We’ll dive into the recent stats from SugarCRM’s Impact Report and decipher what the data tell us about what customers are looking for and how sales teams should be positioning their prospecting efforts.

Download the full episode now and listen until the end to get every customer retention nugget!

How Has Customer Churn Changed Since The Pandemic?

As most sales leaders have seen, there have been noticeable shifts in how we are approaching and interacting with both prospects and customers.

Here at Vengreso, our specialty is in helping B2B sales leaders and teams prospect better. Over the past 18 months, through our own research, we’ve found that 69% of sales professionals agree that prospecting is the hardest and most time-consuming part of their role.

I wanted to know what Craig is seeing on the other side, once a prospect becomes a customer, and what’s the current trend with customer churn.

The data he shares is truly eye-opening, “Last year, the Global Research survey revealed that customer churn was costing midmarket companies $5.5 million a year. Our research, this year, shows that 58% of sales and marketing leaders say that churn has gotten worse over the last 12 months. This is now likely costing companies even more than $5.5 million a year! For every two customers coming in the door, one of them is leaving.”

This is a remarkable number – $5.5 million in lost revenue!

Join the conversation to hear what Craig says is really causing churn rates to explode and what sales leaders must do now to stop the bleeding.

What Role Can CRMs Play in Reducing Customer Churn?

As a sales evangelist by trade, I’m always curious to know what technology can do to help right the tide and get sales teams back on track.

At Vengreso, we use a host of automation tools and systems to help us not only streamline how we prospect, but also to leverage key data that tells us how we can personalize each customer touchpoint.

I wanted to hear Craig’s perspective on what CRMs can do to mitigate this growing customer churn rate, especially since his company’s findings suggest that 56% of sales organizations don’t have the customer data they need to be effective.

He shares three key insights:

  • Increased visibility. CRMs can help sales leaders have a better view of what customers are likely to churn so they can proactively reach out to nurture that relationship.
  • Improved personalization. When sales reps know what a customer needs and can tailor any communication to what’s relevant to that customer – it’s a win-win. A good CRM can be critical in creating highly personalized nurture, onboarding, and engagement campaigns.
  • Better sales tracking. Without a robust CRM, it’s hard to ever truly quantify how effective prospecting and marketing efforts are. According to SugarCRM’s current research, some 54% of all leads are either poorly or underqualified. Having a proven CRM solution can easily identify the gaps in prospecting and sales to help reps and sales leaders figure out a better path forward.

What’s Holding Sales Teams Back From Keeping Customers?

 

This is a rather loaded question, but Craig and I dive deep into what the real solution may be.

In my view, there are a host of factors at play. However, I’m a big proponent of the importance of providing world-class training to all sales reps that focuses on how to prospect with intention, personalization, and communicating value in mind.

Our PVC Methodology for Prospecting outlines each one of these critical steps to engage with prospects in a way that makes them want to become customers.

I have Criag walk through his ideas on the topic, “The biggest drawback to reducing customer churn is CRM adoption. Many sales teams have a CRM of some sort, but they’re usually not properly trained on how to use its automation and are often unaware of the full features their CRM may offer. Sales teams should be leveraging AI as much as possible to know exactly which customers are at risk of leaving and how to best engage with them. Sadly, so many B2B sales teams aren’t doing this.”

Automation is a BIG productivity driver for us at Vengreso. This is why we’ve created THE best business productivity tool on the planet – FlyMSG. With it, sales teams (and other teams too) can reduce the time waste copying and pasting messages to customers and free up their time to focus on other strategic tasks.

But, FlyMSG is just one tool we talk about. Towards the end of our conversation, Craig shares a host of actionable tools and steps sales leaders can take right now to get the most out of the CRM to instantly boost customer retention.

Download the full episode to get in on this valuable insight.

Want access to the full 2022 CRM Impact Report: The Great Customer Resignation and the Path Forward?

Click here to download your complimentary copy.

18 Jul 2023A Guide to Enhancing Generative AI for Sales Prospecting with Jason Tan, #24100:50:54

Generative AI for Sales Prospecting is an uncharted territory for many.

Sure, it sounds like a tech buzzword that's been thrown around lately...

But when it comes to implementing Generative AI in your sales strategy... Most are at a loss when it comes to incorporating Generative AI into their sales tactics.

Utilizing Generative AI in your sales strategy could be the key to unlocking success. But if you don't understand how to harness its power effectively, you might as well be throwing darts blindfolded.

The Role of Engage AI in Enhancing LinkedIn Engagement

Let's dive into the world of artificial intelligence, where Jason Tan's company, Engage AI, is making waves.

This innovative tool addresses a common challenge - maintaining regular interaction with prospects and clients on LinkedIn.

Overcoming Writer's Block with Engage AI

We've all been there; staring at an empty screen, struggling to craft compelling prospect outreach messages.

No more.

With its embedded generative AI technology designed for sales professionals like you, writer's block becomes a thing of the past when writing sales content or repurposing existing ones.

A Comprehensive Outreach Strategy Facilitated by Engage AI

  • Calls? Check. Emails? Absolutely.
  • Videos Messages? You betcha. Texts too?

Yes indeed.

This comprehensive approach makes it easier than ever before to engage your audience through multiple channels.

And guess what?

You don't have to be a seasoned Sales Operations Manager or tech guru.

No matter if you're just beginning your AI journey, Engaging AI has the resources to get you started.

Now that we've explored how this powerful tool can change sales as Prabhakant Sinha envisioned, let us delve deeper into understanding Generative Artificial Intelligence (AI) in our next section.

Stay tuned.

Understanding Generative Artificial Intelligence (AI)

Exploring the distinction between generative AI and other types of AI, let's delve into the details.

Generative AI, like DeepAI explains, is a branch of artificial intelligence that uses statistical models to generate new data similar to the input it receives. It's not your everyday chat GPT or Google Bard.

Difference Between Generative AI & Other Forms

The key differentiator? Its ability to create.

This embedded generative ai technology designed for creativity can do more than just respond; it generates entirely new content based on patterns learned from existing information. Think writing sales content with an artistic twist.

A Recent AI Survey - A Quick Look

indicates how businesses are increasingly leveraging this tech innovation.

Moving Beyond The Basics With Machine Learning

While machine learning provides algorithms that learn from data inputs, generative ai tools run deeper by generating recommendations akin to human-like brainstorming.

The Role Of Human Intelligence In Using These Technologies

Let me be clear: these technologies aren't replacing us anytime soon. Instead, they're here as our digital assistants.

The real magic happens when we combine them with human ingenuity - creating powerful synergies for problem-solving and idea generation.

For instance, imagine launching Viva Sales a tool incorporating this cutting-edge techa into your business operations.

As a sales operations manager or even someone who teaches sales executives regularly you could use such advanced tools effectively.

From repurposing existing sales content into engaging prospect outreach messages without breaking a sweat to customizing scoring criteria using HubSpot's predictive lead scoring software the possibilities seem endless.

Remember though an artificial intelligence learning path requires patience and persistence.

So keep exploring because change is inevitable in fact it might even change 'sales' prabhakant sinha style someday.

Now isn't that something worth looking forward too?

 
Key Takeaway: 

Generative AI, unlike everyday chatbots, uses statistical models to generate new data based on existing information. Businesses are increasingly leveraging this technology for creativity and problem-solving. While these tools can generate recommendations, they are meant to assist humans rather than replace them. Combining generative AI with human ingenuity creates powerful synergies for sales prospecting and idea generation. So keep exploring because change is inevitable - it might even revolutionize the way we do sales someday.

With the help of generative artificial intelligence tools like Lavender, sales teams can now streamline their prospecting efforts and increase their chances of success.

Strategies For Effective Digital Sales Prospecting

Leveraging generative artificial intelligence for prospecting is a game-changer in the sales world.

Generative AI tools run, analyzing and repurposing existing sales content to create personalized outreach messages that resonate with your target audience.

Leveraging Generative Artificial Intelligence For Prospecting

The modern HubSpot's predictive lead scoring software, an embedded generative AI technology designed specifically for this purpose, can change sales prospects' engagement dramatically.

This tool uses machine learning algorithms and custom scoring criteria to rank leads based on their likelihood of becoming customers.

  • Sales operations managers find it easier than ever before to access key sales data thanks to these advancements in technology.
  • A recent AI survey showed businesses using such systems experienced significant improvements in efficiency and conversion rates.
  • Besides improving productivity, they also help teach new skills by offering an artificial intelligence learning path tailored towards each individual's needs.

Balancing Automation And Personalization On Platforms Like Linkedin

To truly harness the power of platforms like LinkedIn, we must strike a balance between automation and personalization when commenting or engaging with posts. This is where writing prospect outreach content becomes crucially important. Using pre-written templates or automated responses might seem efficient but often lacks genuine human touch needed for building relationships.

Change Sales Prabhakant Sinha, one of the pioneers who teaches sales executives how leveraging tech can enhance results emphasizes this point strongly.

While having unique selling points (USPs) are essential; knowing how you're different from competitors isn't enough anymore - being able to communicate those differences effectively through well-crafted prospect outreach messages sets successful brands apart from others.

So next time you write a message remember: Be real. Show empathy. Make connections.

Exploring Fly Message As A Text Expander And Engagement Insight Tool

In the world of sales, every second counts.

Fly Message is a game-changer in this arena, serving as an effective text expander and engagement insight tool.

Achieving Better Results With Fly Message

The primary goal for any sales team is to drive revenue growth.

To achieve this, they need access to key sales data and tools that can streamline their processes.

This is where artificial intelligence can help to produce results.

FAQs in Relation to Generative Ai for Sales Prospecting

What is generative AI in sales forecasting?

Generative AI in sales forecasting leverages machine learning to generate predictive models, providing insights into future customer behavior and market trends, thus enhancing strategic decision-making.

How does generative AI affect sales?

Generative AI impacts sales by automating prospecting tasks, personalizing outreach strategies, improving writing efficiency and offering predictive analytics. This leads to increased engagement rates and revenue growth.

How can generative AI help in marketing?

Generative AI aids marketing efforts by creating personalized content for target audiences, predicting consumer behaviors based on past data patterns and optimizing ad campaigns through real-time adjustments.

How will generative AI change retail?

Generative AI will revolutionize retail by offering personalized shopping experiences, optimizing inventory management through demand forecasting, and enhancing customer service with automated responses.

Conclusion

It's the future of sales.

It breaks down barriers, enhancing LinkedIn engagement and transforming how we connect with prospects.

This technology doesn't replace human intelligence but complements it, creating a powerful synergy that drives success in the digital world.

Tools like Grammarly and Lavender aren't just about correcting grammar; they're about improving understanding within teams to attract enterprise deals.

The right strategies can balance automation with personalization, making your outreach on platforms like LinkedIn more effective than ever before.

Fly Message isn't merely an engagement insight tool; it's a revenue growth engine powered by generative AI.

If you're ready to take your sales prospecting game to new heights, consider exploring Vengreso.com. We are dedicated to helping knowledge workers save on productivity through innovative solutions such as Generative AI. Start harnessing this cutting-edge technology today for transformative results tomorrow!

27 Oct 2022Creating a Winning Sales Playbook with Shruti Kapoor, #21900:47:31

The number of buying options for the average consumer has exponentially grown over the past decade. Many of the winning sales “formulas” that worked before the pandemic have now had to evolve to better reach and speak to the savvy modern buyer.

But, when there are so many options in the market to choose from – especially in the technology space – how you attract, retain, and expand your customer base has become the topic of much debate within the largest sales training circles.

And, that is the exact topic we dive into in this episode of the Modern Selling Podcast. We welcome a leading expert in customer acquisition for technology startups to learn firsthand what works, what doesn’t, and the right way to leverage sales data to build a rockstar sales playbook.

Shruti Kapoor is the former CEO and Co-Founder at Wingman (now Wingman by Clari) which is an actionable conversation intelligence platform that unlocks insights from every sales interaction. She loves IronMan, and wants every sales team to have their own Jarvis! As the founder of Wingman, Shruti, as Wingman’s official first salesperson, single-handedly sold their first million dollars in revenue. With an eclectic background with expertise in a wide range of industries, including life sciences research, investment banking, technology investing, commercialization, product development, fin-tech, and sales – Shruti brings a breadth of knowledge and unique perspectives to how she approaches startup scaling. 

Download the full episode to her the top sales best practices that Shruti has used to transform a technology startup from just an idea into a reputable and highly profitable enterprise.

Top Customer Acquisition Best Practices for B2B Startups

Acquiring your first 100 customers is not for the faint of heart. Because once you’ve already tapped into your immediate network to leverage those friends and/or family that may support you, then your attention has to shift to more sustainable and scalable customer acquisition strategies.

No one knows how to do this better than Shruti, so I picked her brain to hear what approach she took to grow her technology startup in the early stages.

Shruti shares, “With a startup, the biggest lesson that we learned was that the first thing we had to do was to gain people’s trust. And, as your business grows and you hit different stages in your company's lifecycle, you have different levers for building trust. When you’re starting out, you may not have testimonials or reviews to lean on, but that’s where you start small and build up over time.”

We did this exact thing in our early days with Vengreso. Even though Vengreso was born from the merger of seven companies, we didn’t have any Vengreso-specific customers.

But, once we had a few customers, we leveraged their experiences with the company and recorded testimonials that we could use in our sales and marketing efforts to build trust with potential new customers.

Listen to the full conversation to hear how Shruti suggests you ask for customer referrals and get an inside scoop into what you can do to quickly acquire new customers with minimal lift.

Proven Sales Coaching Best Practices

Having a steady stream of prospects is only part of the sales battle. The other component is having a solid sales team that is properly trained.

In my 20+ years in sales, I’ve seen it all when it comes to the do’s and don'ts of sales training. And, like I always say, “buyers have gotten smarter at buying faster than reps are at selling.” So, without a proven and consistent way to train sales reps, many companies, especially technology startups could be leaving lots of money on the table.

I ask Shruti what her view is on sales coaching – how to do it the right way and what to look out for. Her insights are spot on and shed a valuable lesson for B2B and B2C companies to learn from.

She explains, “Sales training often doesn’t happen because of impatience. Sales managers may train their reps once and never revisit upleveling their skills. Or, they’ll try to fit in a large amount of training in a short period of time which doesn’t truly get results. The key is to be consistent with your training and to leverage technology when you can to build in the discipline and repetition it requires to truly teach sales reps.”

I couldn’t agree more, which is why, here at Vengreso we follow the OGC approach – on-demand and group coaching. In this model, every sales rep listens to several sales calls each week and provides feedback to one another. In this way, it takes the burden off of the sales manager to be the only one providing coaching or support.

Download this episode to learn more about the best way to structure sales training to help boost conversions to hit quota every time.

Strategies to Increase Sales Call Conversions

With the pandemic and the shift to virtual selling, closing sales has become much more of an art.

Finding ways to connect with someone on the other side of a digital screen and move them to buy takes a certain level of skill and craft that many sales professionals have not perfected.

Shruti has a wealth of knowledge (and the sales data to back it up) in regards to what truly works to move the sale on an initial sales call. I ask her to share her insights and give us several actionable strategies that we can use to instantly boost sales conversions.

She explains, “The most interesting thing the data shows us is that when people set an agenda at the start of the call, the win rate doubles. Yet, despite the data, only 10% of sales reps do this. Setting an agenda gives both parties the opportunity to make sure what they want to be covered is actually discussed.”

At Vengreso, our sales reps’ meeting invites always include three key components that we refer to as PAL – purpose, agenda, and length. In this way, all attendees know upfront the expectations and structure of the meeting.

Download the conversation to hear a host of other sales call gems that can improve win rates and streamline the entire sales process.

This episode of the Modern Selling Podcast is brought to you by Korn Ferry. Korn Ferry transforms sales teams using their world-class Miller Heiman, methodology, employee assessments, benchmarking and talent advisor capabilities to increase win rates and quota attainment. Korn Ferry offers Korn Ferry Sell, a sales effectiveness app available in App Exchange and app source that helps your sales team develop and replicate powerful sales strategies that help sellers win more deals and crush their quotas. Learn more at kornferry.com/saleseffectiveness.  

26 Mar 2024Keys to Creating Impactful Buyer Personas00:42:20
 

If you're feeling frustrated because your sales strategies are falling flat and you're not seeing the results you want, then you are not alone! Are you tired of putting in effort without reaping the rewards? Let's change that together.

In this episode of The Modern Selling Podcast, Jim Kraus, President of the Buyer Persona Institute, brings a wealth of knowledge on buyer personas and their impact on sales and marketing strategies. His expertise stems from conducting in-depth interviews with recent buyers, enabling him to uncover specific buying insights that influence purchasing decisions. By emphasizing the importance of aligning marketing and sales efforts with buyer personas and addressing potential buyer concerns, Kraus provides valuable insights for sales and marketing professionals. His practical guidance on tailoring sales strategies and messaging to meet the needs of different buyer segments underscores the significance of understanding buyer personas.

Through a casual and engaging conversation with host Mario Martinez Jr., Jim's personal touch and relatable experiences, such as his love for favorite movies, Bull Durham and The Shawshank Redemption, create a light-hearted and authentic atmosphere, making this episode a must-listen for sales and marketing professionals seeking to enhance their understanding of buyer personas and improve their sales and marketing strategies.

"The key thing is, though, when you're talking about marketing and sales, at the end of the day, what you're really trying to do is influence a particular buying decision. That's what you're trying to do, right? You're trying to get somebody or an organization to consider you." - Jim Kraus

Discover impactful buyer personas
In creating impactful buyer personas for sales, understanding the specific buying insights that influence purchasing decisions is crucial. By conducting in-depth interviews with recent buyers, sales and marketing professionals can uncover valuable information about buyer behavior. These insights help in defining the key components of a buyer persona and tailoring sales and marketing strategies to meet specific buyer needs.

Jim Kraus has over 15 years of experience in developing impactful buyer personas to optimize marketing and sales strategies. With a specific focus on influencing buying decisions, Jim is a recognized authority in understanding buyer insights to streamline sales processes. As the author of the upcoming second edition of the Buyer Personas book, Jim's expertise lies in transforming individual profiles to resonate with target buyer personas, making him an invaluable resource for empowering sales professionals. Jim's dedication to online personal training adds a unique perspective to his extensive expertise, offering a fresh and dynamic approach to leveraging buyer personas for effective marketing and sales.

In this episode, you will be able to:

  • Understand your customers deeply with impactful buyer personas to boost sales.

  • Gain the edge in influencing buying decisions with valuable buyer insights.

  • Elevate your sales game by integrating buyer personas into your strategies.

  • Master the art of overcoming perceived barriers in B2B sales for success.

  • Harness the power of buyer personas for supercharged marketing impact.

 

The key moments in this episode are:
00:00:08 - Introduction to Buyer Personas

00:01:03 - Introducing Jim Kraus

00:03:17 - Getting to Know Jim Kraus

00:05:03 - The Number One Misconception About Buyer Personas

00:07:27 - Understanding Buyer Persona Components

00:13:38 - Understanding the Buyer's Journey

00:16:40 - Impact on Marketing and Sales

00:19:49 - Key Components of the Buyer Persona

00:22:16 - Practical Impact on Sales Enablement

00:25:36 - Application to LinkedIn Profiles

00:26:16 - Understanding the Product Led Growth Side

00:27:09 - Solutions for Sales Led Growth

00:29:24 - Website Focus and Buyer Persona Prioritization

00:31:16 - Taking Action After Developing Buyer Personas

00:34:31 - Impact on Individual Sales Leaders

00:40:11 - Personalized Connection Requests

00:40:28 - Favorite Movies

00:40:53 - Shawshank Redemption

00:41:05 - Podcast Wrap-Up

00:41:37 - Podcast Sign-Off

Timestamped summary of this episode:
00:00:08 - Introduction to Buyer Personas
Mario Martinez introduces the Modern selling podcast and the topic of buyer personas, highlighting the importance of understanding buyer personas in sales and marketing.

00:01:03 - Introducing Jim Kraus
Mario introduces Jim Kraus, the president of the Buyer Persona Institute, and teases an upcoming special question for Jim.

00:03:17 - Getting to Know Jim Kraus
Jim shares a surprising fact about himself, revealing that he works as a personal trainer on the side, offering online training programs to help busy professionals stay fit.

00:05:03 - The Number One Misconception About Buyer Personas
Jim explains the biggest misconception about buyer personas, emphasizing that they are not simply profiles of individuals, but rather specific buying insights that influence purchasing decisions.

00:07:27 - Understanding Buyer Persona Components
Jim breaks down the five key components of buyer personas: priority initiatives, success factors, perceived barriers, decision criteria, and the buyer's journey, providing a detailed explanation of each.

00:13:38 - Understanding the Buyer's Journey
Jim Kraus explains the importance of conducting in-depth interviews to understand the buyer's full story and their complete buyer's journey when making high consideration buying decisions.

00:16:40 - Impact on Marketing and Sales
Mario Martinez Jr. and Jim discuss the impact of understanding the buyer persona on marketing and sales. They emphasize the importance of aligning with buyers and providing them with the information they need at every step of their journey.

00:19:49 - Key Components of the Buyer Persona
Jim breaks down the five key elements of the buyer persona and explains their relevance in marketing and selling strategies. He highlights the importance of understanding what is important to buyers and eliminating guesswork in marketing and sales.

00:22:16 - Practical Impact on Sales Enablement
Mario and Jim delve into the practical and tactical impact of the buyer persona on sales enablement. They discuss how sales professionals can use buyer insights to develop sales talking points and confidently engage with prospects.

00:25:36 - Application to LinkedIn Profiles
The conversation shifts to applying buyer persona insights to LinkedIn profiles. Jim and Mario emphasize the importance of articulating who the seller helps, how they help, and what business problems they solve on their profiles to align with the buyer persona.

00:26:16 - Understanding the Product Led Growth Side
Jim discusses how their product led growth side caters to individual knowledge workers, offering tools to write faster and eliminate mundane tasks.

00:27:09 - Solutions for Sales Led Growth
Jim explains how individual sales reps using repeatable messages can lead to enterprise opportunities, and how their education sales prospecting training program called fly learning fits into the equation.

00:29:24 - Website Focus and Buyer Persona Prioritization
The discussion revolves around prioritizing buyer personas based on revenue sources and areas where companies lack knowledge about their buyers, and how this impacts website focus and design.

00:31:16 - Taking Action After Developing Buyer Personas
Jim suggests making adjustments to marketing and sales assets, updating messaging, and focusing on case studies and references based on the insights gained from buyer personas to improve marketing and sales performance.

00:34:31 - Impact on Individual Sales Leaders
The conversation highlights the importance of updating sales playbooks, addressing perceived barriers, and incorporating buyer persona insights into sales pitches to make a significant impact at the individual sales leader level.

00:40:11 - Personalized Connection Requests
Mario emphasizes the importance of personalized connection requests on LinkedIn.

00:40:28 - Favorite Movies
Jim shares his all-time favorite movies, Bull Durham and Shawshank Redemption.

00:40:53 - Shawshank Redemption
Mario mentions that Shawshank Redemption is a common favorite among guests on the show.

00:41:05 - Podcast Wrap-Up
Mario thanks Jim for being on the show and encourages listeners to leave a rating and review on iTunes.

00:41:37 - Podcast Sign-Off
Mario thanks listeners for tuning in and promotes the use of FlyMSG for increased productivity.

 

Influence with deep buyer insights
To influence buying decisions effectively, integrating deep buyer insights into sales strategies is essential. By aligning messaging and sales efforts with the priorities and needs of buyers, sales professionals can build trust and credibility. Developing precise and value-focused sales messaging based on buyer personas helps in addressing buyer concerns and objections, thus improving conversion rates.

Seamlessly integrate buyer personas
Integrating buyer personas into sales strategies seamlessly involves aligning marketing and sales efforts based on these personas. Updating sales playbooks, messaging, and sales pitches to address specific buyer needs and challenges ensures relevance and impact in sales interactions. By understanding the buyer's journey, sales professionals can tailor their approach to meet the unique needs of different buyer segments effectively.

The resources mentioned in this episode are:

  • Visit buyerpersonas.com for free templates, examples, and a master class on creating buyer personas. The website also offers thought leadership content on buyer personas and buying insights.

  • Connect with Jim Kraus on LinkedIn to access his thought leadership content and to engage in discussions about buyer personas and buying insights. When sending a connection request, be sure to include a personalized message mentioning that you heard him on the modern selling podcast.

  • Download FlyMSG.io for free to save 20 hours or more in a month and increase productivity. FlyMSG is a text expander and personal writing assistant that helps with repetitive tasks and writing efficiency.

  • Give the Modern Selling Podcast a five-star rating and review on iTunes to show support and help the podcast reach a wider audience.

  • Watch Bull Durham and Shawshank Redemption, Jim Kraus' favorite movies, to enjoy these classic films.

12 Sep 2023Building a Personal Brand in Sales: Lessons from Alison Mullins00:39:52
 

In a world of sales and personal branding, one woman's journey took an unexpected turn. From the tranquil landscapes of southwest Virginia to the bustling markets of Italy and Brazil, Alison Mullins was on a path of growth and expertise. But it was a fateful encounter with Hurricane Wilma in Cancun, Mexico, that would change everything. Surviving the storm became more than just a test of strength for Alison - it ignited a fire within her, a passion that transformed her approach to sales. But what happened next? How did she turn adversity into triumph? Stay tuned to uncover the remarkable twist in Alison's story.

This is Alison Mullins's story:

Alison Mullins' journey towards becoming an expert in sales and personal branding can be traced back to her roots in southwest Virginia and her experiences in some of the most competitive markets around the world. As a small-town girl, she began her career in the construction industry specializing in natural stone surfaces. With time, Alison ventured into sales and marketing, exploring architectural, interior design, and luxury residential sectors. From working in Italy to quarries in Brazil, her experiences have shaped her unique expertise. However, the most pivotal of her experiences was surviving Hurricane Wilma in Cancun, Mexico. This event pushed her to a road of self-discovery, where she transformed her hardship into a resilient spirit, becoming a survivor with an undying passion for her work.

To truly be an expert in your field, you have to be willing to talk to others, learn from others, and give to others. You've got to be a connector. - Alison Mullins

My special guest is Alison Mullins.

With a rich background in sales and marketing, Alison Mullins has spent two vibrant decades leaving imprints in various sectors, including construction and natural stone surfaces. Her passion and dedication are reflected in her global work travel, from the United States and Canada to Italy and Brazil. Now as the founder of Rep Methods, her deep-rooted sales wisdom continues to bloom, helping countless professionals transform their sales strategies. Alison's approachable personality also adds a warm touch to her expertise, making her insights more relatable yet powerful.

In this episode, you will be able to:

  • Uncover the secret to upscaling your business through sales proficiency and a resonant personal brand.

  • Traverse the journey of book writing, encapsulating its challenges and rewarding experiences.

  • Comprehend the need for humility and ongoing education for longevity in the sales field.

  • Apprehend the increasing influence of video content in consumer engagement.

  • Decode the method to foster leadership skills within your sales force.

The key moments in this episode are:
00:00:08 - Introduction and Background

00:01:42 - Expertise and Becoming an Expert

00:08:07 - Writing a Book as a Platform

00:10:38 - Developing Expertise and Claiming Expert Status

00:14:21 - Rewards of Putting Yourself Out There

00:15:50 - Using Video to Engage with Buyers,

00:16:43 - The Power of Video in Sales,

00:19:19 - Key Elements of Successful Sales Leadership,

00:23:30 - Building Leadership in Sales,

00:28:01 - Sales Leadership Skills,

00:32:35 - Being a Disruptor,

00:33:31 - Disrupting in a Male-Dominated Industry,

00:35:05 - Quiet Disruption,

00:36:33 - Disrupting the Conversation,

00:38:15 - Connecting with Alison,

Timestamped summary of this episode:
00:00:08 - Introduction and Background
Mario Martinez introduces the podcast and welcomes Alison Mullins as his guest. They briefly discuss Alison's new book, "The Art of Selling," and her background in sales and marketing. Alison shares her experience in the construction industry and her passion for natural stone surfaces.

00:01:42 - Expertise and Becoming an Expert
Alison emphasizes that expertise is self-declared and requires passion, knowledge, and humility. She believes that being willing to learn from others, connect with people, and contribute to the community are essential for becoming an expert. Validation from others can also help establish expertise.

00:08:07 - Writing a Book as a Platform
Alison shares her motivation for writing the book, which was to establish herself as an expert and share her knowledge and experiences. She sees writing a book as a way to gain credibility and prove a point. It was also a therapeutic process for her.

00:10:38 - Developing Expertise and Claiming Expert Status
Alison discusses the boldness required to claim expertise but also emphasizes the importance of allowing others to recognize your expertise. Putting yourself out there, being prepared for backlash, and receiving validation from others can help establish expert status.

00:14:21 - Rewards of Putting Yourself Out There
Alison encourages individuals to put themselves out there and take credit for their expertise. While there may be fear and uncertainty, the rewards can be significant. The validation and positive feedback received can enhance credibility and establish expertise in the field

00:15:50 - Using Video to Engage with Buyers,
The importance of using video content to engage with buyers is discussed. Video allows for face-to-face interaction and the use of multiple senses, making it a more effective tool for building expertise and connecting with an audience.

00:16:43 - The Power of Video in Sales,
Video is highlighted as a valuable tool for salespeople to engage with customers. Platforms like Loom, OneMob, and Hippo Video are mentioned as options for sending video messages and maintaining customer connections.

00:19:19 - Key Elements of Successful Sales Leadership,
The importance of mental health balance is emphasized as a key aspect of sales leadership. Other essential elements include organization, passion, and understanding one's strengths and weaknesses.

00:23:30 - Building Leadership in Sales,
Empathy is identified as a crucial skill for salespeople to develop leadership in their craft. The concept of limbic resonance and the ability to intuitively understand and connect with others is discussed as an art form in sales.

00:28:01 - Sales Leadership Skills,
The importance of empathy, intuition, and chameleoning (the ability to adapt and fit into different situations) in sales leadership is highlighted. These skills take time to develop and contribute to effective sales leadership and customer relationships.

00:32:35 - Being a Disruptor,
Alison discusses the benefits and challenges of being a disruptor in the industry. She emphasizes the importance of speaking one's mind and standing up for what one believes in. She also shares her experience as a woman in a male-dominated industry and how it has shaped her as a disruptor.

00:33:31 - Disrupting in a Male-Dominated Industry,
Alison highlights the unique challenges she faces as a woman in the construction industry. She shares the importance of having confidence and resilience as a disruptor. Being noticed and heard is key to making an impact in a male-dominated field.

00:35:05 - Quiet Disruption,
Alison shares a story about an interaction with someone in the tech industry who initially praised her book but later expressed hesitation in sharing it with his audience. Instead of reacting negatively, Alison responded humbly and asked for his support, demonstrating a quiet form of disruption.

00:36:33 - Disrupting the Conversation,
Alison discusses her response to the tech industry professional's feedback. She explains how she disrupted the conversation by assuming he either intended to insult her or didn't realize the impact of his words. Alison humbled herself by asking for support while still pursuing her goals.

00:38:15 - Connecting with Alison,
Alison shares how listeners can connect with her through her website, where they can schedule a quick conversation with her. She prefers phone calls as a way to connect in the 21st century.

Sales expertise and personal branding: Wielding a profound experience in sales, Alison paints a clear picture of the importance of personal branding as a lever to establishing oneself as an expert in an industry. Her belief is that passion, continuous learning, and humility should drive this endeavor. By taking a bold stance to showcase their skills, individuals can gain recognition and influence, which can boost their professional journey and build credibility.

The resources mentioned in this episode are:

  • Get your pen and paper or iPad and keyboard ready to take notes as you listen to the Modern Selling podcast.

  • Check out FlyMSG.io, the free personal writing assistant, and text expander application created by Vengreso, the company founded by Mario Martinez Jr.

  • Learn more about Alison Mullins and her new book, The Art of Selling: We Make Order Makers, Not Order Takers.

  • Visit the Rep Methods website to explore Alison's brand and the services she offers for business development and sales.

  • Consider writing your own book to establish yourself as an expert in your field and gain credibility.

  • Reflect on the importance of humility and continuous learning in developing and maintaining expertise.

  • Take Mario's advice and create a YouTube channel or video series to share your expertise and answer burning questions related to your industry.

  • Check out Modern Selling on YouTube to watch the video version of this podcast episode.

  • Visit the podcast's website to access additional resources and episodes to help you grow your sales numbers at scale.

  • Follow Mario Martinez Jr. and Alison Mullins on social media to stay updated on their latest insights and content.

18 Nov 2022Expand the Circle — Leadership Best Practices with Matt Poepsel, #22200:48:36

When it comes to hitting sales quotas, scaling companies, and retaining top sales talent – all of these areas often fall back on one thing: leadership.

Without effective leadership, companies don’t grow. But the question often becomes, what makes an ‘good’ leader?

In the midst of the Great Resignation and, more recently, the Quiet Quitting trend, the role of leadership cannot be ignored. 

In this episode of the Modern Selling Podcast we explore the ins and outs of post-pandemic leadership, what it means for sales organizations, and what strategies leaders should be using to expand their circle.

This episode’s guest, Matt Poepsel is one of the leading experts in the field and brings a highly unique perspective that makes this one of my absolute favorite episodes.

Matt Poepsel, PhD is a tireless champion of human potential. A shameless self-improvement fanatic, he enjoys sharing his observations, advice, and humor through his writing and workshops. His professional life has been shaped by his business, military, and academic experiences.

Dr. Poepsel currently serves as the Vice President of Professional Serves for The Predictive Index where he serves 1,000+ Talent Optimization Consultants around the world, develops highly scalable programs and tools that produce business results, and designs strategic talent optimization solutions for clients.

Prior to The Predictive Index, Matt founded Covocative – a next-generation sales development platform and served as the Vice President of Professional Services at Gomez, Inc. – a Boston-based software startup that was later acquired by Compuware Corporation. 

If you’re a sales leader or leader of any kind, this is the episode to listen to so you can walk away with the right strategies that work now to inspire, ignite, and explode your team’s performance.

What role does leadership play in sales?

With any organization, the leader is at the helm of how things operate and the leader is responsible for setting the tone of the workplace culture. I wanted to get Matt’s perspective on what he sees is the role that leaders play in business.

Matt shares, “Leaders have the opportunity and I would say a responsibility to make sure that the individuals on their team can see themselves in the company's mission. It’s up to the leader to connect the dots for them and to create alignment between the needles they're moving so that as a sales person they know what their contributions mean to the team and the overall mission.”

But, what are the things that leaders “should” be doing to help not just retain their top talent, but to keep everyone inspired and motivated to take action. Matt outlines three key things sales leaders can focus on:

Being – sales reps want to feel that they’re treated like a human being. That’s why leaders taking time out to connect with their individual sales people is so important. Because if you don’t know about their life and interests outside of work, it will be easy for them to feel disconnected from the team and just like “another worker”.

 

Belonging – If the Great Resignation taught us one thing, it’s that people no longer want to just be a number. They want to feel like they belong and their work matters to their leaders, to their team, and to the larger organization. As a leader, you can sow into this sense of belonging by recognizing your sales people, working with them to outline their goals, and by acknowledging their efforts when they go above and beyond.

Bigger – Even in sales, understanding the “mission” is an important part of helping people connect to their work. What is it that your company represents? What are the problems your company is helping other businesses or people solve? According to Matt, if you’re not showing your teams how they’re contributing to a larger mission (than just hitting quota), you could be missing out on an opportunity to inspire your teams to reach higher levels of performance.

Download the full episode to learn what sales leaders can do to start infusing the 3 “B’s” of leadership into how they lead their teams.

What leadership traits are missing in the workplace?

We often hear about trends like “Quiet Quitting” and other things that are redefining how people are showing up in their roles. I was curious to hear what Matt’s view of this was and what fundamental leadership traits we need to close the growing gap.

Matt explains, “The biggest missing pieces are trust and psychological safety. These things are not just nice to have, they’re a requirement to build work environments where people want to perform at their best. The reality is trust and psychological safety are what drive real business results. When these are present we see higher levels of innovation, higher levels of profitability, higher levels of creativity, and problem solving.”

I think this points to a large and very important point – when we build environments on trust and psychological safety, we, as leaders, give our teams the permission to take risks, make mistakes, and try new things.

Listen into the full conversation to hear what Matt believes sales leaders should be doing to consistently create highly innovative sales environments.

What is Enlightened Leadership?

There are dozens of different leadership styles and doctrines – all with their own unique perspective of what they believe makes a “good leader”.

This leadership space is Matt’s area of expertise, so I wanted to hear how he differentiates the various leadership styles.

Matt outlines, “We've seen leadership in different theories progress over time, which is great. We’ve gone from the authoritarian type, with the ‘do what I say’ style to now what I call the ‘enlightened leader’ who is able to uniquely meet the needs of today's modern worker. Enlightened leaders take a human centric and more business performance approach to leadership. ”

According to Matt, an Enlightened Leader knows and communicates their vision and is not only open to giving feedback but requires it for their own leadership development.

If you’ve been challenged with keeping your team motivated, then be sure to listen to this episode to hear the exact steps Matt says to become an Enlightened Leader.

This episode of the Modern Selling Podcast is brought to you by Korn Ferry. Korn Ferry

transforms sales teams using their world-class Miller Heiman, methodology, employee

assessments, benchmarking and talent advisor capabilities to increase win rates and quota attainment. Korn Ferry offers Korn Ferry Sell, a sales effectiveness app available in App Exchange and app source that helps your sales team develop and replicate powerful sales strategies that help sellers win more deals and crush their quotas. Learn more at kornferry.com/saleseffectiveness.

21 Mar 2023Innovative Tactics for Effective B2B Marketing and Sales with Camela Thompson, #23200:39:23

Vengreso's Modern Selling Podcast Episode:

Innovative Tactics for Effective B2B Marketing and Sales

with Camela Thompson, #232

06 Aug 2024Implementing Effective Sales Enablement: Key Strategies from a Top Leader00:48:52
 

Hey there, tired of feeling like you're constantly juggling between customer success and finding new sales opportunities? You've probably been told to just push harder and do it all, leaving you exhausted and stretched thin. The struggle to balance it all can be overwhelming, leaving you feeling drained and unproductive. But what if there's a better way to achieve both success and productivity without burning yourself out? Keep reading.

Want to revolutionize your sales team's approach and achieve exceptional customer engagement? I've got the solution to help you achieve that. Let's dive in and uncover the secrets to transforming your sales productivity and customer-centric strategies. Are you ready to level up your game? Let's make it happen!

This is Teri Long's story:

Teri Long, the Vice President of Global Revenue Enablement at MindTickle, has had an incredible journey that led her to her current role. With more than 20 years of experience as an enablement leader, she initially spent a decade as a quota-carrying sales rep, which shaped her unique perspective on the challenges and needs of sales professionals. Teri's unwavering passion for enabling sellers and driving customer success is evident in her varied experience, spanning startups, enterprise organizations, and fractional work within business development and operations. Her remarkable resilience and determination are showcased by a surprising and inspiring personal story – overcoming a snowmobiling accident that resulted in a six-inch titanium plate and six screws in her collarbone, followed by a swift return to snowmobiling just two months after surgery. Teri's journey, both personally and professionally, reflects her tenacity and drive, making her insights on implementing effective sales enablement programs all the more impactful and compelling.

Humans are complex and humans aren't linear. We need to figure out how to teach sellers and customer success that in this new world, you get a box this big, and somehow you need to translate verbal and nonverbal body language. - Teri Long

Teri Long, serving as the Vice President of Global Revenue Enablement at Mind Tickle, boasts 20+ years of extensive experience in enablement leadership, coupled with a decade-long tenure as a quota-carrying representative across startups and enterprise organizations. As a pivotal founding member of the Revenue Enablement Society, her influence has been instrumental in shaping global enablement strategies. Teri's expertise lies in implementing effective sales enablement programs, making her a sought-after authority for sales enablement leaders and professionals aiming to optimize sales productivity and foster a customer-centric approach.

In this episode, you will be able to:

  • Mastering effective sales enablement programs for exponential growth.

  • Unleashing the power of a digital presence to supercharge sales success.

  • Aligning customer success and sales strategies for unstoppable growth.

  • Boosting sales productivity through cutting-edge technology solutions.

  • Harnessing personal brand prowess to skyrocket sales performance.

 

The key moments in this episode are:
00:00:09 - Introduction to Vengreso and FlyMSG

00:01:18 - Welcoming Teri Long

00:08:09 - Implementing Sales Enablement Programs

00:12:36 - Identifying the Biggest Problems

00:14:02 - Effective Enablement Leadership

00:14:58 - Challenging Assumptions in Sales Training

00:18:30 - Impact of Operationalizing Processes

00:20:44 - Fundamental Challenges in Sales

00:24:34 - Sales as the Art of Helping

00:28:55 - Balancing Customer Experience and Sales

00:29:35 - Restructuring Customer Success Compensation Model

00:30:39 - Misalignment Between Sales and CS

00:34:28 - Bridging the Gap Between Sales and CS

00:39:48 - Digital Presence and Relationship Building

00:43:55 - Blog Content and Social Media

00:44:35 - Connecting with Teri

00:45:16 - Personalized Connection Requests

00:45:48 - Favorite Movies

00:47:22 - Closing Remarks

Timestamped summary of this episode:
00:00:09 - Introduction to Vengreso and FlyMSG
Mario Martinez Jr. introduces Vengreso and FlyMSG, a free personal writing assistant and text expander application. The podcast aims to help sales leaders and practitioners grow their sales numbers at scale.

00:01:18 - Welcoming Teri Long
Mario welcomes Teri Long, Vice President of Global Revenue Enablement at Mind Tickle, and shares their history of collaboration in shaping revenue enablement sales strategies.

00:08:09 - Implementing Sales Enablement Programs
Teri emphasizes the importance of initiating enablement strategy with a charter and a listening tour to identify urgent, short-term, and long-term priorities, as well as success metrics tied to organizational business metrics.

00:12:36 - Identifying the Biggest Problems
Teri advises enablement leaders to investigate root causes by delving into data and being hyper-curious. She highlights the importance of testing hypotheses to pinpoint the reasons behind sales performance issues.

00:14:02 - Effective Enablement Leadership
Teri underscores the role of enablement leaders as investigators who test and validate hypotheses to identify the root causes of sales performance issues, emphasizing the need for a test and validate approach to problem-solving.

00:14:58 - Challenging Assumptions in Sales Training
Teri Long discusses the common assumption that sales teams need more training when they're not selling. She challenges this by delving into the reasons behind the lack of sales and emphasizes the importance of digging through processes before jumping to training as a solution.

00:18:30 - Impact of Operationalizing Processes
Teri shares a real-life example of how operationalizing the sales process and creating a playbook led to significant impact for a BDR team. By removing roadblocks, setting clear expectations, and creating repeatable enablement programs, they saw an improvement in sales productivity and performance.

00:20:44 - Fundamental Challenges in Sales
The conversation shifts to fundamental challenges in sales organizations, focusing on individual and team productivity. Teri references the State of Sales Productivity report and highlights the importance of genuinely helping buyers during the buying process.

00:24:34 - Sales as the Art of Helping
Teri shares a personal story of how she unintentionally became a top salesperson by simply helping customers. She emphasizes the importance of authentically wanting to elevate customers and provide value, echoing the findings of the productivity report.

00:28:55 - Balancing Customer Experience and Sales
The discussion centers on the challenge of balancing customer experience and finding new opportunities. Teri highlights the disconnect between customer success and sales incentives, emphasizing the need for sales leaders to align incentives to drive adoption and renewal.

00:29:35 - Restructuring Customer Success Compensation Model
Teri suggests tying 30-35% of CS compensation to renewal to align incentives with sales. This could lead to hiring more experienced salespeople and reevaluating the CSM organization.

00:30:39 - Misalignment Between Sales and CS
Teri highlights the misalignment in compensation and expectations between sales and CS. Lack of communication between AEs and CS reps leads to confusion and potential customer dissatisfaction.

00:34:28 - Bridging the Gap Between Sales and CS
Teri emphasizes the need for CS reps with sales backgrounds and the importance of value selling in the CS role. She suggests evaluating competencies and hiring the right people to drive success.

00:39:48 - Digital Presence and Relationship Building
Teri discusses the importance of digital presence for both sales and CS teams, emphasizing the need for personalized engagement and building rapport with buyers. She also highlights the shift towards understanding digital body language and leveraging technology for customer interactions.

00:43:55 - Blog Content and Social Media
Teri discusses a new feature that allows users to generate social media posts from blog articles. The goal is to streamline the content creation process and empower sellers to be more productive.

00:44:35 - Connecting with Teri
Teri invites listeners to reach out to her through LinkedIn, phone, or email. She emphasizes her commitment to being responsive and helpful in networking.

00:45:16 - Personalized Connection Requests
Mario advises listeners to send personalized connection requests to Teri on LinkedIn. He encourages them to mention the podcast and Teri's insights in their invitation.

00:45:48 - Favorite Movies
Teri shares her two all-time favorite movies: "Breakfast at Tiffany's" and "The Heat." She expresses her love for Audrey Hepburn and Melissa McCarthy, showcasing a unique dichotomy in her movie preferences.

00:47:22 - Closing Remarks
Mario thanks the audience for listening and encourages them to leave a 5-star rating and review for the podcast on iTunes. He also promotes the use of FlyMSG to increase productivity.

Mastering effective sales enablement
Effective sales enablement is crucial for organizations to align their sales teams with the overall business goals and priorities. By mastering sales enablement, businesses can enhance their sales productivity, drive better customer relationships, and ultimately boost revenue. Implementing successful sales enablement programs involves creating a clear charter, prioritizing challenges, and aligning efforts with organizational metrics.

Unleashing the power of digital presence
Having a strong digital presence is essential for sales professionals to connect with customers and prospects in a virtual environment. Utilizing digital tools and platforms can help sales teams personalize interactions, understand buyer behavior, and improve customer engagement. Embracing technology and leveraging digital resources can streamline sales processes and enable sales professionals to scale their efforts efficiently.

Aligning customer success and sales
Aligning customer success with sales goals is crucial for organizations to drive long-term customer satisfaction and retention. By incentivizing customer success managers based on renewals and engagement, businesses can ensure a seamless transition from sales to post-sale activities. Developing a clear handoff process between sales and customer success helps set expectations and ensures successful customer onboarding and retention strategies.

The resources mentioned in this episode are:

  • Connect with Teri Long on LinkedIn and send a personalized connection request mentioning the Modern Selling Podcast with Mario Martinez Jr.

  • Watch the movie The Heat starring Sandra Bullock and Melissa McCarthy for a good laugh and a memorable bar scene.

  • Download FlyMSG for free to save 20 hours or more in a month and increase productivity with a text expander and personal writing assistant.

09 Nov 2021The Emotional Dynamics of Selling with Dan Hill, #19100:55:27

When it comes to selling to the modern buyer, there are so many new and intricate complexities to navigate. From how to leverage social selling techniques, to how to craft an email that gets you a booked sales call, to the best way to handle a sales conversation without selling – modern sellers have their work cut out for them.

But, in this episode of the Modern Selling Podcast, we’re throwing in emotional dynamics into the mix and exploring how sales leaders must use emotional intelligence (EQ) to better engage buyers.

This conversation will go deeper than just reading body language. Because my expert guest, Dan Hill, will review all of the incredible distinctions you need to know to not miss a single emotional cue in your next sales conversation.

Dan Hill, is the Founder of Sensory Logic, market researcher, podcast host of the New Books Network (NBN), and the world’s leading emotional dynamics expert. Dan pioneered the use of facial coding in business which has become a game-changer for sales organizations worldwide. For the past 20+ years, Sensory Logic has used facial coding to capture and quantify emotional responses in conducting market research for the world’s largest B2C companies.

Dan’s industry-changing insights have been routinely featured in annual conferences, spanning now 25 different countries, where he has provided expert guidance to everyone from leading politicians, athletes, and cultural figures, to analyzing England's royal family. So, when it comes to knowing the emotional language of selling – Dan’s genius is truly unmatched!


Download the full episode and tune in because the strategies Dan shares in the first 15 minutes alone will change how you approach your next sales call.

How Does Emotional Intelligence (EQ) Apply to Sales? 

 

With so much to cover this episode, I jumped right in to get Dan’s thoughts on emotional intelligence and if it really played an important role in how we sell to the modern buyer.

Dan breaks down emotional intelligence – or aptly termed ‘EQ’ – into three crucial questions:

  1. Are you able to perceive emotions around you? (Yes, even in a Zoom call!)
  2. What is the significance of the emotions you perceive?
  3. How can you manage your own emotions and adapt them accordingly? 

The key is to master #3 so you can carve out an unshakable advantage over your competition. Because when the emotions around you are intense (i.e. an angry customer), you’re able to read the room, know what the emotions mean, and respond in a way that de-escalates the situation to achieve a faster resolution.

The important thing to note here is that EQ is equally important even in completely digital environments where you may be meeting someone for the first time across a computer screen.

To illustrate how enhancing your EQ skills can help you navigate a tense customer situation, listen in around the 10-minute mark for a story I share about a recent (and unexpected) customer interaction and how I used EQ principle #3 to keep my cool.

How Does the EQ Approach Apply to Interacting with Customers?

 I wanted to get clearer on how Emotional Intelligence can (and should) shape how we interact with customers, especially in a digital environment. At Vengreso, we often teach a lot about setting the right tone early on in a sales conversation and giving prospects numerous touchpoints to get to know who we are. That’s why leveraging videos in your sales emails can be such an effective sales tool. Videos enable the buyer to see who you are and to create an instant connection with you.

But, what Dan shared in regards to EQ and its role in the sales call was so important, “People have observable patterns that we can look out for. If I’m a salesperson on a call, I’m immediately looking for any patterns that tell me who I might be dealing with. I might pick up on cues that tell me about who they are or I could be picking up on cues that tell me how they’re feeling at that moment. That way I can narrow down my emotional playbook to know how to respond and to adjust my emotional cues in the conversation.”

As a sales leader, it’s so critical to be able to take that emotional temperature really quickly and pivot however you need to, to meet your prospect where they are. 

Make sure to tune into the full conversation to hear the specific visual cues to look out for that could quickly indicate that your prospect is uncertain or questioning moving forward.

Plus, at 23:50, I share an easy way to instantly build trust in a Zoom conversation. It literally takes just 3 seconds to do, but many sales professionals aren’t doing it – and missing out on converting skeptical prospects into trusted customers.

Does EQ Change How We Write Sales Emails?

At Vengreso, we’re advocates of short emails that drive value for the prospect. In fact, our research has found that subject lines with fewer than six words and emails no longer than 111 words perform consistently better than longer sales emails. 

 

In our prospecting article, we dive into a host of other important nuisances to consider when writing sales emails to engage prospects to set up an initial sales call. 

 

It was refreshing to hear Dan’s guidance from an emotional dynamics perspective, “I’m always surprised at how many people misread emails. They’re likely in a hurry or don’t read the entire email, which can be very problematic because there are no other emotional cues for them to pick up on in an email. The average person looks at a printed ad for 1.7 seconds, which is why I always tell my clients don't assume that people read past the first 4 words of an email.”

 

That’s why we’re big champions of personalization at every communication touchpoint. Even adding the prospect’s name to the subject line of an email is a highly effective way to grab their attention and get them to open and read what you’ve sent. To learn more personalization tips and strategies, be sure to check out our The PVC Sales Methodology.

 

And, don’t miss out on the full discussion with Dan Hill as we dive even deeper into what sales organizations can do to incorporate more emotional intelligence into the sales prospecting process to book more calls and to close more deals.

 

This episode of The Modern Selling Podcast was brought to you by OrgChartHub. The B2B purchasing process can be quite complex. OrgChartHub seamlessly integrates into your existing HubSpot account, giving your sales team the ability to immediately map out the key decision makers, so you can get to a “Yes!” – even faster. It takes just two clicks to get set up – try out OrgChartHub today!

05 Dec 2023Boost Sales Productivity with AI-Powered FlyMSG.io | Mario M. Martinez Jr.00:33:45

If you're feeling frustrated by the lack of response to your personalized sales messages, where your efforts to connect with prospects seem to fall flat, then you are not alone! Despite your attempts to craft tailored messages and engage with potential clients, you may find that your outreach process is inefficient and unproductive. Instead of seeing increased engagement and con, you may be experiencing a cycle of wasted time and missed opportunities.

In this episode of The Modern Selling Podcast, Mario Martinez Jr., the CEO and founder of Vengreso, delves into the challenges faced by sales professionals in creating personalized engagement with buyers. He introduces FlyMSG.io, an innovative tool developed by his company, designed to streamline the process of crafting customized messages. Mario's expertise in digital sales prospecting and his company's focus on enhancing sales messaging for prospecting make him a credible source on this topic.

The episode covers the inefficiencies of traditional outreach methods, the importance of personalization, and the introduction of AI-powered tools like FlyEngage AI and FlyPost AI to scale engagement efforts. The conversation emphasizes the significance of contextual relevance, personalization, and maintaining visibility across various touchpoints to improve buyer engagement. Sales professionals struggling with personalized messaging and seeking to enhance their outreach process should tune in to gain insights on leveraging AI tools like FlyMSG.io to save time and increase productivity while maintaining a personal touch in their buyer interactions.

The name of the game is not Spray and Pray. The key to success is personalization and contextually relevant messaging. - Mario Martinez Jr.

In this episode, you will be able to:

  • Engage buyers with AI to boost sales efficiency.

  • Streamline personalized messaging with FlyMSG.io

  • Overcome challenges of email marketing with personalization.

  • Increase buyer engagement through strategic social channel use.

  • Scale prospecting efforts while maintaining a personal touch.

The key moments in this episode are:
00:00:08 - Introduction

00:01:41 - Using AI for Buyer Engagement

00:03:17 - The Problem with Sales Messaging

00:07:54 - Templates and AI

00:11:29 - The Future of Personalization

00:14:59 - The Challenge of Engaging with B2B Buyers on Social Media

00:18:42 - Introducing Fly Engage AI and Fly Post AI

00:20:16 - Leveraging Connections and Building Engagement

00:21:39 - Maximizing the Benefits of LinkedIn Engagement

00:28:40 - Using AI to Improve Productivity

00:29:47 - Engaging with Connections on LinkedIn Sales Navigator

00:30:18 - Text Expander for Template-Based Messaging

00:31:06 - Importance of Consistency and Quality

00:31:38 - Getting Started with Fly Message

Timestamped summary of this episode:
00:00:08 - Introduction
Mario Martinez Jr. introduces himself as the CEO and founder of Vengreso, the creator of FlyMSG.io He explains that the podcast aims to help sales professionals grow their sales numbers at scale.

00:01:41 - Using AI for Buyer Engagement
Mario discusses how FlyMSG, a free personal writing assistant and text expander application, can help sales professionals increase their prospecting engagement by up to 40%. He emphasizes that FlyMSG.io is not a bot and encourages listeners to try it.

00:03:17 - The Problem with Sales Messaging
Mario explains that many sales professionals struggle with writing effective sales emails and messages. He discusses the importance of using templates to save time and ensure consistency in messaging. He introduces FlyMSG as a solution to this problem.

00:07:54 - Templates and AI
Mario discusses how FlyMSG combines templates and AI to help sales professionals engage with their target audience. He explains that the platform allows users to quickly deploy pre-written messages with just a few keystrokes. He emphasizes the importance of personalization in sales messaging.

00:11:29 - The Future of Personalization
Mario highlights the impact of personalization in sales messaging, especially with Google's new policies on spam. He emphasizes the need for individualized and relevant messaging to improve response rates and avoid being marked as spam.

00:14:59 - The Challenge of Engaging with B2B Buyers on Social Media
Sellers face the challenge of engaging with B2B buyers on social media platforms like LinkedIn. Email and phone have low effectiveness, but using additional channels like text, LinkedIn, or video can increase engagement by up to 40%. However, the time-consuming process of finding relevant posts and crafting authentic responses hinders scalability and efficiency.

00:18:42 - Introducing Fly Engage AI and Fly Post AI
Fly Engage AI and Fly Post AI are tools designed to address the challenges of engaging with buyers on LinkedIn. Fly Engage AI analyzes an individual's posts and helps sellers write relevant responses, saving time and increasing scalability. Fly Post AI allows users to generate thought leadership posts on any topic, with AI-generated content that can be personalized for maximum impact.

00:20:16 - Leveraging Connections and Building Engagement
Sellers can leverage connections on LinkedIn to build engagement and maintain visibility. By sending personalized connection requests and following up with valuable content, sellers can stay on the radar of their target buyers. Building a multi-channel approach that includes messaging, commenting, and posting content helps establish a strong presence and increase the chances of success.

00:21:39 - Maximizing the Benefits of LinkedIn Engagement
Engaging with buyers on LinkedIn offers several benefits, including increased visibility and extended exposure through newsfeeds. Sellers can maximize these benefits by implementing a connection request strategy, sending personalized messages, and consistently posting valuable content. By utilizing human-assisted AI and maintaining a genuine,

00:28:40 - Using AI to Improve Productivity
Mario discusses the benefits of using human-assisted AI to remove emotion and focus on tasks. He demonstrates how to use AI to edit and tag posts, as well as engage with connections on LinkedIn Sales Navigator.

00:29:47 - Engaging with Connections on LinkedIn Sales Navigator
Mario explains how AI can be used on LinkedIn Sales Navigator to engage with connections. He shows how to view posts and leave comments directly within the platform, making prospecting more efficient.

00:30:18 - Text Expander for Template-Based Messaging
Mario introduces the text expander feature, which works on various online platforms. He demonstrates how to search for and insert pre-defined message templates, saving time and ensuring consistency in communication.

00:31:06 - Importance of Consistency and Quality
Mario emphasizes the importance of consistency in messaging, from using hashtags to maintaining a cultural component within a team. He highlights the role of Fly Message in improving time, quality, and scalability in sales.

00:31:38 - Getting Started with Fly Message
Mario directs listeners to visit flymsg.io to set up an account and access a 14-day trial. He mentions the Sales professional plan, which includes unlimited access to Fly Message tools and 14 hours of sales prospecting training.

Streamline Personalized Messaging
Personalized messaging is a cornerstone of effective sales strategy. Yet, it often becomes tedious and time-consuming, making it challenging to scale. Tools like FlyMSG.io help in personalizing messages at scale, thereby significantly reducing time and effort, enhancing productivity, and leveraging the personal touch to drive impactful conversations with potential buyers.

Engage Buyers with AI
Artificial Intelligence (AI) has revolutionized many aspects, and the sales industry is no exception. AI empowers sales professionals to engage more effectively and efficiently with their potential buyers. Tools like FlyEngage AI and FlyPost, from the FlyMSG family, harness the power of AI, not only offering excellent time-saving solutions but also providing valuable insights into buyer habits, significantly enhancing engagement strategies.

Overcome Email Marketing Challenges
Email marketing is often fraught with challenges such as low response rates and high spam complaints. But, by incorporating AI-powered tools like FlyMSG.io and adhering to effective strategies, sales professionals can navigate these hurdles. Not only does this enhance email deliverability, but significantly improves engagement rates, driving a higher return on investment and paving the path for successful buyer engagement.

The resources mentioned in this episode are:

  • Download FlyMSG.io: Go to the Chrome store or website and download FlyMSG, the free personal writing assistant and text expander application.

  • Try it out: Once you have downloaded FlyMSG, give it a try and see how it can help increase your prospecting engagement with LinkedIn by up to 40%.

  • Increase your sales numbers: Utilize FlyMSG to improve your sales numbers at scale. Use the app to create personalized and engaging messages to your target audience.

  • Create buyer engagement: Use FlyMSG to create buyer engagement by crafting effective and attention-grabbing emails. The app provides templates and suggestions for subject lines, message content, and more.

  • Save time: With FlyMSG, you can save time by using pre-built templates for common sales scenarios. Simply type a few keystrokes and the entire message will be generated for you.

  • Enhance prospecting: FlyMSG.io can help you enhance your prospecting efforts by providing AI-powered suggestions and recommendations. This can help you tailor your messages to specific buyers and increase your chances of getting a response.

  • Drive inbound leads: By utilizing the features of FlyMSG, you can drive inbound leads by creating personalized

19 Jul 2022How Sales Leaders Can Increase Sales Growth with Andrew Thompson, #21200:47:28

From missed quotas to high customer churn, to even lower conversion rates – sales teams have their work cut out for them in this hypercompetitive post-pandemic landscape. This is why, now more than ever, the role of the sales leader cannot be ignored.

But, the question often becomes, as a sales leader, what should and can they do to not just motivate their sales teams, but actually drive substantial and consistent growth for their organizations.

That is the topic of this episode of the Modern Selling Podcast – which is a must-listen for any sales leader currently struggling to hit quota or keep their sales teams focused on results.

In this episode, we welcome Andrew Thompson. He is the VP of Sales, Americas for Agora.io – a leading API platform for real-time engagement for video, audio, and chat communications. Agora’s Real-time Engagement Platform as a Service (RTE PaaS) allows everyone to interact with anyone, in any application, anytime and anywhere. Their platform provides developers with simple, flexible, and powerful APIs to embed real-time video, audio, and chat experiences into their applications. Andrew leads a large group of managers and sales reps worldwide in driving customer growth and international expansion to help grow profitable revenue streams, while also delighting Agora’s customers.

What Can Sales Leaders Do To Stimulate Revenue Growth?

When it comes to new sales leaders, I wanted to know from Andrew’s perspective what he sees are the most critical things to do to drive sales.

Here at Vengreso, all of our sales leaders play an integral role in understanding our buyer personas, and partnering with marketing – really immersing themselves in as many aspects of the business so they’re clear on the entire buyer journey.

According to Andrew, studying the buyer is THE most important thing that B2B sales leaders should be doing, but often overlooked, “I think with new sales leaders there tends to be misalignment because they put forth sales strategies without thinking through the buyer personas. I would go to my top five customers and just talk to them. Understand how they’re using the product, and why they selected your company – just get clear on what value it was and what they see in your company. Then use that intel to improve how you sell to other similar-sized companies.”

This is such a critical component – understanding your buyer personas – is why personalization throughout the entire sales cycle is so key. When sales leaders and sales reps know who they’re talking to, their specific pain points, and how your company solves them (specific to each buyer persona), that’s when you can really win in prospecting and sales. 

Tune into the full conversation to hear what strategies and tools Andrew recommends to use to segment your customers to do a thorough buyer persona analysis.

How Should Sales Leaders Be Working With Their Teams?

This can be a loaded question, depending on who you ask. In my 20+ years of sales, I’ve found that the most effective sales leaders are those that listen first and always seek to understand.

That’s why at Vengreso, we have a very open communication structure. Whether you want to talk to the CEO, COO, sales manager, or a sales rep – everyone is 100% accessible. In this way, we create a transparent culture where communication, ideas, and honest feedback are welcomed.

As the VP of Sales for Agora, I was interested in hearing Andrew’s insights as someone who is tasked with not only driving sales, but also getting global teams to work together.

Andrew shares three key points for sales leaders to remember:

  1. See what’s not working. As a sales leader, especially if you’re a CRO – you’re often far removed from the day-to-day sales grind. That can make it easy to be out of touch with what’s working and what’s not. Andrew makes it a point to reach out to his sales teams to get a pulse on how things are going and where sales gaps need to be closed.
  2. Get to know each other. This is a big one here at Vengreso. The most effective sales teams are those who are able to feed off of each other’s strengths. But, that requires getting to know each other and finding out where people thrive and where they could use more support.
  3. Be willing to fail. In sales, everything is driven by quotas, and hitting your numbers that this often takes away from the risk-taking mindset. Andrew encourages his sales teams to try new things, explore new strategies, and be willing to learn from their mistakes to elevate their entire sales process.

Join the conversation and learn what Andrew says is the most important thing to do to boost your sales culture so your sales teams can consistently hit quota – effortlessly.

How Has Sales Team Dynamics Changed Since The Pandemic?

We’ve all heard it in the news… “The Great Resignation”. For many B2B sales companies, this is a real challenge as sales reps are being poached (or choosing to leave) for the lure of making more money.

Even at Vengreso, an employee was recently offered $48,000 MORE for the same role, if he left our company. But, he chose to stay! (I mean we do have an awesome sales culture here!)

The point is, with so many options in the market for sales reps, I wanted to know what Andrew thought were important “must-dos” to get salespeople to stay.

He was spot on with my own observations, “Sales have become more competitive in this virtual selling environment which is why training is so key. Without the right training and support, sales reps may feel that pull to go somewhere else, especially if they can make more for the same role.”

This is so true. This is why when we onboard a new SDR, we take them through an extensive six-month training process and show them the ins and outs of how to prospect. We leverage tools like Gong to evaluate our sales calls to see how we can improve as a team and as individual sellers, plus we use these recorded calls as a coachable opportunity to give specific feedback to help the SDRs become more effective sellers.

If sales training is a critical area that you’re struggling to provide for your sales team, then you’ll want to tune into the conversation and pay particular attention to the discussion that Andrew and I have at the 22-minute mark. 

10 Sep 2024Sales Secrets to Landing a Lucrative Compensation Plan | Devon Hennig | MSP #28201:04:35
 

Are you ready to uncover the unexpected key to maximizing your sales compensation? Get ready to dive into a conversation that will transform the way you negotiate your compensation packages. You won't believe the game-changing strategies shared in this episode. Stay tuned to discover the secrets that will elevate your sales career to new heights.

If you're feeling frustrated by missed opportunities and leaving money on the table, then you are not alone!

Are you tired of negotiating compensation packages that don't reflect your true value and potential? It's time to enhance your negotiation skills and optimize your compensation packages to maximize your earnings. Let's dive in and unlock the secrets to getting the compensation you deserve.

This is Devon Hennig's story:

Devin Hennig, an experienced author, seasoned executive and negotiation expert, candidly shared his journey of learning about compensation through trial and error. As a former VP of marketing in various startups and public companies, he admitted to making costly mistakes in negotiating his own compensation, leaving substantial sums on the table. Drawing from his personal experiences, Devin recognized the common pitfalls that leaders encounter in negotiations, emphasizing the importance of understanding what, how, and why when it comes to compensation.

His refreshing approach, devoid of traditional HR perspectives, resonates with those seeking to navigate the complexities of compensation packages. Devin's journey serves as an inspiring reminder that even seasoned professionals have faced the challenges of underselling themselves and not fully comprehending the intricacies of negotiation. His down-to-earth storytelling and relatable experiences create an engaging narrative, offering valuable insights and a fresh perspective on optimizing compensation packages.

Severance is a protection piece, especially at a higher title and more senior roles. It's making things right. - Devon Hennig

My special guest is Devon Hennig

Devon Hennig, an accomplished author with eight books under his belt, including "The Senior Compensation Bible" and "How to Be a VP," brings a unique perspective to sales compensation negotiations. With a background as a VP of marketing at various startups and public companies, Devon learned from firsthand experiences, having left millions on the table due to negotiation mishaps. His approachable style and focus on helping others avoid similar pitfalls make him a valuable resource for understanding the intricacies of compensation packages and negotiation strategies. Devon's insights cater to both sales leaders and individual contributors, making him a relatable and trusted guide in the realm of optimizing compensation packages.

In this episode, you will be able to:

  • Master the art of negotiating sales compensation packages to maximize your earnings.

  • Unlock the potential of equity and stock options for startup employees to build your financial future.

  • Learn how to maximize severance in executive roles, ensuring a safety net for your career.

  • Craft a compelling career story in sales that captivates potential employers and clients alike.

  • Discover strategies for long-term career growth in sales, paving the way for sustained success.

Key Moments:
00:00:00 - Intro 🎬
00:01:23 - Devon Hennig’s Background 📝
00:05:14 - Biggest Mistakes in Negotiating Compensation 💸
00:08:37 - Optimizing Compensation at Different Career Stages 🔄
00:11:30 - Components of Compensation Packages 📑
00:14:05 - Creative Bonuses and Milestone Payments 🏅
00:15:40 - Black Belt Negotiation Moves 🥋
00:17:12 - Commute Stipend Negotiation 🚗
00:19:25 - Justification of Small Incidental Requests 📋
00:25:00 - Balancing Requests and Order of Play ⚖️
00:27:32 - Understanding Equity Compensation at Startups 📈
00:29:55 - Evaluating Equity Offers 📊
00:35:09 - Long-Term Compensation and Vesting ⏳
00:39:08 - Exercise Windows and Negotiation 🏋️‍♂️
00:40:53 - Negotiating Equity Compensation 💼
00:41:57 - Negotiating Compensation and Equity in Startups 🚀
00:43:18 - Lessons Learned in Negotiating Compensation 🧠
00:44:17 - Importance of Severance in Negotiations 🛡️
00:49:23 - Equity Allocation and Long-Term Perspective in Startups 🌐
00:52:36 - Considerations for Startup Equity and Exit Plans 🚪
00:56:02 - Making a Tough Decision 🤔
00:57:29 - The Pitfalls of Job Hopping 🔄
00:59:07 - Building Your Career Story 📖
01:00:37 - The Value of a Positioning Statement 📍
01:02:43 - Outro 👋

Timestamped summary of this episode:
00:00:09 - Introducing Vengreso and FlyMSG
Mario Martinez Jr. introduces Vengreso as the creator of FlyMSG.io, a free personal writing assistant and text expander application. The podcast aims to help sales leaders, practitioners, and influencers grow their sales numbers at scale.

00:01:23 - Devin Hennig's Background
Devin Hennig, author of eight books, including the Senior Compensation Bible and How to be a VP, shares his background as a former VP of marketing and his journey to helping others negotiate their compensation packages.

00:05:14 - Biggest Mistakes in Negotiating Compensation
Devin discusses the three main mistakes sales leaders make in negotiating their compensation: not knowing what they can negotiate, lacking negotiation skills, and lacking the confidence to push back on offers.

00:08:37 - Optimizing Compensation at Different Career Stages
Devin advises younger professionals to optimize for cash and experiences, while emphasizing the importance of wins and exits. For older professionals, he recommends focusing on equity and larger lump sum cash opportunities for long-term wealth.

00:11:30 - Components of Compensation Packages
Devin highlights the main components of compensation packages, including base salary, bonuses, severance, equity, and other creative additional benefits, and discusses common mistakes in bonus structures, such as low bonus percentages and lack of accelerators or caps.

00:14:05 - Creative Bonuses and Milestone Payments
Devon discusses the importance of educating people about creative bonuses and milestone payments, especially as they move into leadership roles. He shares his experience negotiating milestone bonuses for a CRO at a young start-up.

00:15:40 - Black Belt Negotiation Moves
Mario asks Devon about "black belt negotiation moves" that most people don't know about. Devon mentions negotiating milestone payments and funding participation, as well as creative equity terms like double triggers and acceleration, all of which can add significant value to a job offer.

00:17:12 - Commute Stipend Negotiation
Mario shares his experience negotiating for a commute stipend, gas card, Bart pass, and a monthly food stipend as part of his compensation package. He emphasizes the importance of framing these requests in a way that adds value without coming across as greedy.

00:19:25 - Justification of Small Incidental Requests
Mario and Devon discuss the importance of justifying small incidental requests like gym memberships and commute stipends. They emphasize the value of these requests in improving the quality of life for employees and how to strategically negotiate for them.

00:25:00 - Balancing Requests and Order of Play
Devon advises on the order of play when negotiating compensation, emphasizing the importance of balancing requests and prioritizing high-value asks. He highlights the need to avoid overwhelming the employer with a long list of requests and to focus on the essentials.

00:27:32 - Understanding Equity Compensation at Startups
Devon explains the value of equity compensation for individuals at the startup phase. He emphasizes the importance of understanding stock options and the total shares outstanding of the company to calculate ownership percentage.

00:29:55 - Evaluating Equity Offers
Devon highlights the significance of knowing the number of stock options or rsus granted and the total shares outstanding to calculate ownership percentage. He advises individuals to compare their ownership percentage to benchmarks and make informed decisions.

00:35:09 - Long-Term Compensation and Vesting
Mario discusses the importance of understanding the vesting schedule and fair market value of stock options or rsus. He emphasizes that equity compensation is the long-tail, while cash compensation is the short-tail, and provides an example to illustrate the value calculation of stock options.

00:39:08 - Exercise Windows and Negotiation
Devon talks about the trend of longer exercise windows for stock options and the internal battle for employees when deciding to exercise options upon leaving a company. Mario highlights the non-negotiable nature of vesting periods and cliffs, with some flexibility for more senior individuals in negotiation.

00:40:53 - Negotiating Equity Compensation
Devon emphasizes the negotiation opportunities for senior individuals, such as acceleration, double triggers, clawback protection, and severance terms in equity compensation. Mario adds that bigger companies have less flexibility in negotiation due to existing equity compensation plans.

00:41:57 - Negotiating Compensation and Equity in Startups
Devon discusses the limited flexibility in negotiating fair market value, discounts, and vesting periods in early startups. However, custom plans may be negotiable for key talent in crucial areas.

00:43:18 - Lessons Learned in Negotiating Compensation
Devon admits to making mistakes early in his career due to lack of experience and knowledge on what could be negotiated and how to negotiate. He highlights the importance of understanding what can be negotiated, like severance and bonuses.

00:44:17 - Importance of Severance in Negotiations
Devon emphasizes the significance of negotiating severance, especially for executives, and advises on pre-negotiating a termination without cause clause and aiming for at least a three to six-month severance package.

00:49:23 - Equity Allocation and Long-Term Perspective in Startups
Mario Martinez Jr. shares his experience in building a startup, discussing the allocation of stock options for different roles in the company. He highlights the long tail game of equity and the need to commit to a three to five-year plan for potential success.

00:52:36 - Considerations for Startup Equity and Exit Plans
The conversation delves into the importance of understanding the exit plan of a startup before committing to equity. Mario emphasizes the need for a long-term perspective and commitment, while Devon shares his experience and insights on equity allocation.

00:56:02 - Making a Tough Decision
Devon discusses his experience of being on paternity leave and being offered a severance package. He shares how he was able to negotiate a year-long severance and stay home for eight months after his second son was born.

00:57:29 - The Pitfalls of Job Hopping
Mario and Devon delve into the topic of job hopping and its impact on equity vesting. They discuss the downsides of constantly changing jobs and emphasize the importance of building a strong career story.

00:59:07 - Building Your Career Story
Devon shares his personal experience of tracking accolades and achievements throughout his career. He emphasizes the importance of building a compelling story to showcase one's skills and achievements when transitioning to new roles.

01:00:37 - The Value of a Positioning Statement
Mario highlights the significance of creating a positioning statement to effectively communicate one's expertise and track record to potential employers. He emphasizes the importance of clearly articulating what one can offer to a new organization.

01:02:43 - How to Connect with Devon
Devon shares where the audience can connect with him, mentioning TikTok as his primary platform and offering his expertise in compensation consulting and negotiation. He encourages those interested to reach out to him on LinkedIn for assistance.

Harnessing Equity and Stock Options
Equity and stock options play a vital role in optimizing compensation packages, particularly in startup and tech companies. Calculating the value of equity based on shares granted and total shares outstanding is crucial for determining ownership percentage. Negotiating equity terms, such as vesting schedules and exercise periods, requires a strategic approach to maximize long-term financial benefits.

Mastering Sales Compensation Negotiation
Negotiating sales compensation packages requires mastering key components such as knowing what can be negotiated and how to negotiate effectively. Developing robust negotiation skills is crucial for individuals to overcome internal barriers and fears. Understanding the full range of negotiable elements in a compensation package is essential for maximizing earning potential and career growth.

Optimizing Severance Packages
Optimizing severance packages is critical for protecting against termination without cause and ensuring financial security during transitions. Pre-negotiating minimum severance terms, including prorated bonuses and continued equity vesting, can provide a safety net during job changes. Understanding the importance of severance negotiations aligns with strategic career planning and long-term financial stability.

The resources mentioned in this episode are:

  • Connect with Devon on LinkedIn for compensation consulting and negotiation assistance.

  • Visit https://devonhennig.com/ to access the Senior Compensation Bible for comprehensive guidance on cash comp, bonuses, equity, and perks.

  • Download FlyMSG for free to save 20 hours or more in a month and increase productivity with a text expander and personal writing assistant.

20 Aug 2024Product Development Collaboration | Tim Condon | MSP #28000:43:42

Hey there, did you know that a CEO and a CRO walk into a podcast and reveal an unexpected secret about driving business outcomes? Their collaboration led to a 12-month transformation that boosted revenue by 150%. Want to know how they did it? Stay tuned for the surprising strategy they used.

If you're feeling the frustration of sales teams not aligning with product development, and your efforts are not driving better business outcomes, then you are not alone!

This is Tim Condon's story:

Tim Condon's foray into the realm of sales and product development collaboration unfolded during his tenure as CRO at Clutch, a prominent B2B services marketplace. Drawing from his extensive background at Home Snap and The Washington Post Company, Tim shares compelling insights into the intricacies of working with product leaders. He delves into the distinctive challenges and victories encountered, offering a captivating narrative that resonates with professionals seeking to elevate revenue generation and streamline product development processes.

Tim's unique storytelling approach and wealth of experiences provide an engaging and relatable perspective, shedding light on the critical importance of fostering seamless collaboration between sales and product teams for achieving unparalleled success in today's competitive landscape.

You want to build a big successful company and you're just taking two different views and lenses on how to get there. But if you sort of think about this as just one big giant sales call, right, like, and build that sales relationship and do it in the right ways where you're trying to help and build something together, that's how you be successful with a product leader. - Tim Condon

Our special guest is Tim Condon

Tim Condon serves as the Chief Revenue Officer at Clutch, where he leverages his extensive experience in marketplace and software businesses to provide valuable insights into sales and product development collaboration. With a proven track record of successful initiatives, Tim brings a wealth of expertise to the table, offering practical perspectives on driving business outcomes and revenue growth through effective collaboration. His strategic approach and deep understanding of the dynamics between sales and product development make him an invaluable guest for this episode's exploration of enhancing collaboration in the modern selling landscape.

As the CRO at Clutch, Tim Condon's extensive experience in both marketplace and software businesses provides a unique vantage point on the collaboration between sales and product development. With a track record of successful initiatives, Tim brings valuable insights into driving business outcomes and revenue growth through effective collaboration. His expertise and innovative approach make him an exceptional guest for this episode's deep dive into the dynamics of sales and product development collaboration.

In this episode, you will be able to:

  • Master sales and product development collaboration for enhanced revenue generation.

  • Build successful sales strategies to drive business growth and customer satisfaction.

  • Harness the power of customer feedback in product design for market-leading innovations.

  • Streamline the onboarding process for SaaS products to boost user adoption and satisfaction.

  • Leverage marketplace platforms for B2B services to expand reach and increase sales opportunities.

 

Key Moments:
00:00:00 - Intro 🎬
00:01:16 - Introducing Tim Condon and Clutch 🏢
00:04:21 - Tim’s Passion for Stephen King 📚
00:08:09 - Types of Product Leaders 🎛️
00:09:49 - Success Stories in Working with Product Counterparts 🏆
00:14:24 - Implementing Variable Technology 💡
00:15:33 - Prioritizing FlyConnect over Variables 🔄
00:17:31 - Business Outcome Over Customer Requests 🎯
00:21:18 - Understanding Product Usage 📊
00:26:01 - Collaboration Between Sales and Product 🤝
00:27:44 - Reducing Product Complexity for Additional Revenue 💸
00:32:52 - Learning from Customer Feedback 🗣️
00:37:39 - Building a Strong Relationship with Product Leaders 💪
00:39:32 - Connecting with Tim Condon 🔗
00:41:15 - Tim’s Favorite Movie 🎥
00:43:00 - Outro 👋

Timestamped summary of this episode:
00:00:00 - Introduction to Vengreso and FlyMSG
Mario Martinez Jr. introduces himself as the CEO and founder of Vengreso, the creators of FlyMSG, a free personal writing assistant and text expander application.

00:01:16 - Introducing Tim Condon and Clutch
Tim Condon, CRO at Clutch, shares his background and the services provided by Clutch, a B2B services marketplace with over 350,000 companies across 157 countries.

00:04:21 - Tim's Passion for Stephen King
Tim shares his passion for Stephen King and being a hardcore fan of his work, showcasing a personal side that many may not know about him.

00:08:09 - Types of Product Leaders
Tim discusses the three types of product leaders he has encountered—those who see revenue as the enemy, those who prioritize revenue, and those who strike a balance between buyer and seller perspectives.

00:09:49 - Success Stories in Working with Product Counterparts
Tim shares a success story about collaborating with a product team to automate a process, which resulted in a better product and increased productivity for the sales team.

00:14:24 - Implementing Variable Technology
Tim discusses the need to implement variable technology in their fly messages, similar to first name tokens in email marketing. This technology would personalize the messages based on the recipient's name, enhancing customer engagement.

00:15:33 - Prioritizing FlyConnect over Variables
Tim evaluates the time and effort required to build variable technology versus flyconnect. He emphasizes the importance of automating the seller's process, reducing time spent on personalization, and prioritizes building fly connect first.

00:17:31 - Business Outcome Over Customer Requests
Mario highlights the importance of understanding the business outcome before fulfilling customer requests. He emphasizes the need for sales leaders to question the impact of building a product on the business and suggests tying it to a live deal to justify investment.

00:21:18 - Understanding Product Usage
Tim emphasizes the importance of understanding the product team's focus on product usage and the impact of building unused features. He advises sales leaders to align their requests with the product team's goals and commit to a specific value when requesting new products.

00:26:01 - Collaboration Between Sales and Product
Tim and Mario discuss the importance of collaboration between sales and product teams. Tim suggests inviting product teammates to client meetings and exposing them to the sales process, fostering mutual understanding and effective communication.

00:27:44 - Reducing Product Complexity for Additional Revenue
Tim discusses a product at Clutch that was hastily put together, resulting in a complicated and hard-to-sell offering. By simplifying the product and providing clear guidance, revenue increased from 8% to 20%.

00:32:52 - Learning from Customer Feedback
Tim shares his experience with Fly Message and the challenges faced due to lack of customer onboarding. Through customer feedback and research, they optimized the onboarding process, reducing it to five minutes and improving customer retention.

00:37:39 - Building a Strong Relationship with Product Leaders
Tim emphasizes the importance of treating the relationship with product leaders as a sales process. Understanding their goals, pain points, and building rapport can lead to successful collaboration and alignment towards common goals.

00:39:32 - Connecting with Tim Condon
Mario Martinez Jr. encourages listeners to connect with Tim on LinkedIn and acknowledges the personalized connection request as a good practice.

00:41:15 - Tim's Favorite Movie
Tim shares that his all-time favorite movie is "300" for its strategic storyline of using pressure situations to compete effectively.

00:41:33 - Movie Mix-up
Tim and Mario discuss a movie, with Tim confusing the lead actor in 300 with Russell Crowe. They try to remember the name of the female character in the movie.

00:41:52 - Lead Actor
The conversation shifts to the lead male actor in the movie, with Tim realizing that it wasn't a big name like Russell Crowe. They struggle to recall the actor's name.

00:42:16 - Movie Recommendation
Mario recommends the movie "300" to the listeners and encourages them to watch it. He then transitions to a promotional message for the podcast.

00:42:28 - Podcast Promotion
Mario asks for a 5-star rating and review for the podcast on iTunes. He also promotes the text expander and personal writing assistant, "flymessage" for increased productivity.

00:43:00 - Conclusion
Mario thanks the listeners for tuning in and encourages them to keep selling.

Customer-Centric Product Design
Simplifying products based on customer feedback and understanding their pain points can lead to significant revenue growth. Aligning product development with customer needs and behaviors is crucial for driving revenue through customer-centric strategies. Fostering open communication and mutual understanding between sales and product teams can lead to impactful product development that meets both sales team and customer needs.

Revenue Generation Collaboration
Working closely with product development to drive revenue requires finding a balance between focusing on revenue and creating products that serve both buyers and sellers. Collaborating with product leaders who understand the importance of revenue generation can lead to successful product development. Aligning productivity with outcomes and focusing on customer needs can result in better business outcomes and successful products.

Winning Sales Strategies
Emphasizing the need to understand business outcomes before investing time and resources into product development can lead to strategic decision-making. Tying product development to live deals and leveraging new features in sales negotiations can drive revenue growth. Building credibility and collaboration with product counterparts through understanding their perspective and product workflows can enhance sales strategies.

The resources mentioned in this episode are:

  • Connect with Tim Condon on LinkedIn to discuss sales strategies and product development.

  • Download FlyMSG for free to save 20 hours or more in a month and increase productivity.

  • Reach out to Tim Condon via email at xpcondon to discuss sales and product development strategies.

  • Follow Tim Condon on Instagram for business-related updates and insights.

14 Apr 2022The Power of Account-Based Selling with Jaakko Paalanen, #20600:43:24
Over the past two years, the business landscape has dramatically shifted. The days of taking a ‘spray and pray’ approach are long gone and have been replaced with much more targeted sales tactics to attract an eager and ready-to-buy B2B audience

There are a host of unique account-based selling techniques that leading organizations are using to bring in millions of dollars in new sales. From how to identify the best target accounts, to pinpointing the buyer personas to engage, to the highly personalized strategies to use to book more meetings – we cover it all (and more) in this episode of the Modern Selling Podcast.

And, my guest is one of THE industry leaders in helping companies redefine how they prospect to keep their pipelines full and their calendars booked.

In this episode, I welcome Jaakko Paalanen, the Chief Sales Officer of Leadfeeder. Under his guidance, Jaakko has grown his global team across 9 different countries and propelled the company from $0 - $2M ARR within 2 years. The sales insights he shares in this conversation are equivalent to an elite MBA in sales!

Be sure to download the episode, grab a pen and paper, and get ready to learn some of the industry’s best kept sales and prospecting secrets.

What is Account-Based Selling?

Many people have often heard of Account-Based Marketing (ABM) as a function of driving new leads to sales teams. However, Account-Based Selling (ABS) goes beyond just the marketing arm and focuses on who to target.

Rather than looking for individual seller profiles, ABS relies on identifying those target accounts or companies that are most interested in your offering. 

At Vengreso, we leverage Leadfeeder to get insights on what companies are visiting our website. From there, we narrow down the list to zero in on specific companies that fit our audience parameters.

That way we know exactly where to focus our attention, so we can dig deeper into the buyer personas within those companies to prospect on. 

I wanted to get Jaakko’s take on ABS and the importance he saw in using this as one of your prospecting strategies.

Listen into the full conversation to hear how Jaakko recommends sales teams implement a robust account-based sales approach.

Is Account-Based Selling For Every Sales Organization?

Like with other prospecting strategies, when it comes to sales – it is not a one-size-fits-all model. The same thing is true for account-based sales.

I was curious to hear Jaakko’s perspective on what it takes to do account-based sales effectively and what organizations he thought were best suited for this sales strategy.

He shares an interesting set of criteria:

  1. B2B companies that sell to large-sized companies. Account-based selling works well when you’re looking for corporate customers. If you’re selling to individuals or small businesses, more traditional prospecting methods will likely be more effective.

  2. Longer sales cycles. How long does it take to close a deal? If it’s longer than three months, then account-based selling could be the best approach to shorten the sales cycle and help sales teams close the right deals – faster.

  3. Complex buyer profiles. Is there one or many stakeholders that influence the buying decision? If there is only one, then account-based selling won’t be the best avenue to pursue. However, if there are multiple buyer personas within a single organization to navigate, then account-based selling is the way to go.

Join the episode now to hear his fourth criteria or “rule” and what you should do first to get your winning account-based sales strategy off the ground.

What Are the Best Practices for Account-Based Selling?

When it comes to kicking off an account-based sales strategy, it’s important to consider the best practices to put your sales organization on a path toward success.

I ask Jaakko what best practices he recommends based on his extensive experience with Leadfeeder.

He outlines four specific steps:

  1. Get internal alignment. For an account-based sales model to work, you need to have buy-in at all levels, from the executive team down to the individual SDRs.

  2. Create an ideal customer profile. This will be essential to know what customers you want to attract, what requirements accounts need to meet to pursue, and what specific pain points you can address for your ideal customer.

  3. Establish a personalization strategy. Knowing what accounts or companies to target is only part of the sales equation. Sales teams must also personalize their outreach messages to truly speak to the individual buyer persona within the account.

  4. Track metrics and reiterate. As with anything in sales, the truth is in the numbers. Monitoring the success of your account-based sales process will be key in knowing what’s working, what’s not, and how to elevate your approach to be even more effective.

Jump in the episode now to hear how Jaakko implements these steps with his team to close more deals using their highly unique account-based sales strategy.

What’s the importance of personalization with account-based selling?

I always say that in order for sales reps to be ‘interesting’ to a prospect, they must first be ‘interested.’

Because the difference between an account-based sales process that gets minimal results and one that helps your sales team consistently hit their quota comes down to the level of personalization done.

At Vengreso, our PVC prospecting model is centered around the need to customize our sales messages to fit the person we are reaching out to. There are a number of automated tools that can quickly scale your prospecting efforts, but it is through personalization that will get you more booked sales calls.

Here, we leverage a host of sales enablement tools such as Leadfeeder, LinkedIn Sales Navigator, Seamless.ai, and HubSpot – but our secret sauce is in how we tailor our prospecting to our prospects.

I go into this in more detail as well as our 18-step prospecting process in this episode. Make sure you listen in today to also get the inside scoop on the one prospecting strategy we use to close millions in NEW sales revenue like clockwork. (It’s not at all what you think… be sure to listen to the end to get this sales gem!)

20 Oct 2021Redefining the Sales Conversation with John Smibert, #18800:48:18

To sell to the new digital consumer, sales leaders must shift the sales conversations from being focused on what they’re selling to understanding the prospect’s unique story.

But, knowing how to make this transition can be challenging for sales organizations.

In this episode of The Modern Selling Podcast, sales strategist, John Smibert and I explore this topic and cover the right strategies to use to drive this new (and more powerful) sales conversation. 

Make sure to listen to the full episode to get all of the important ‘storytelling’ recommendations John shares that can help sales organizations get better sales results.

John Smibert is the Founder of Sales Leader Forum, Sales Masterminds APAC, and the author of The Wentworth Prospect, a page-turning sales novel written to help organizations achieve B2B sales mastery. As a global sales leader for almost 40 years, and the creator of the Authentic Selling program and the EDVANCE sales model – John is passionate about enhancing the professionalism of salespeople and sales teams. His peer-to-peer network, Sales Leader Forum, hosts a variety of online events designed to bring together sales leaders to share ideas, collaborate, and to get expert mentorship.

In our conversation, we dive into his book, get John’s insights on the world of complex B2B selling, and learn more about what he believes sales leaders must do to get prospects leaning in and ready to buy.

Download this episode to hear what actionable strategies you can implement today to generate big wins for your sales team. 

What’s Complex B2B Selling?

Getting to the key decision maker is as much about research as it is about crafting the right sales strategy. In our Modern Sales Mastery course, we teach how to do prospecting, the power of video selling, and what modern B2B sales really looks like.

Although B2B sales is a popular sales training topic, the idea of “complex B2B” was a brand new concept that John shared in our conversation.

I was curious to know what makes ‘complex B2B’ different and what specific implications it has on how modern sales teams should be trained. 

John’s perspective is quite interesting, “Complex B2B is selling business-to-business, where the buyer has 4+ decision makers and as a result, the seller has to bring together different components to create a multifaceted solution.”

Sounds tricky? It absolutely is!

This is why sales leaders are flocking to John’s book, The Wentworth Prospect, to learn the unique approaches to mastering complex B2B sales. 

Make sure to join the conversation to hear how John’s unique approach to sales conversations and what most salespeople accidentally do that often sabotages the sale.

How Do You Really Master the B2B Sales Game?

Knowing the ins and outs of sales is what we do here at Vengreso. We offer a wide range of digital sales training programs to help individuals and sales teams have more conversations, increase sales engagement, and get higher conversions.

But, I wanted to get John’s take on what he sees working in B2B sales right now.

“Customers do not want to hear about your product until the time is right. Sales leaders must develop the skills and capability to have the right conversation with prospects. A conversation that doesn’t make their product the focal point.”

Which is why one of the biggest struggles I see is that sales professionals often don’t know how to shape the sales conversations without pitching what they’re selling.

However, if the sales conversation is restructured in a way to lead the prospect toward the solution on their own, the sales outcome can and will be very different. So, I asked John how he suggested the initial conversation be handled.

“Salespeople must take the customer through a discovery process to think through their problem and their issues first. Then lead the customer to consider a new way of thinking that later will spark the miraculous ‘AHA’ moment and make the seller’s product the hero of the story.”

That’s just the beginning of our in-depth conversation on this topic, be sure to tune in to hear the 3 key steps salespeople must take to do discovery the right way.

How do you structure a ‘good’ sales conversation?

In my experience, especially during the pandemic, sales organizations have struggled to implement modern selling techniques that meet their buyers’ demands. Rather than using hyper-personalization strategies, many sales leaders continue to fall back on outdated sales methods that are making it even easier for prospects to say “NO!”

So, to get to the heart of what really works to move prospects along the buyer’s journey, I ask John to share his EDVANCE sales framework.

His sales conversation process has three main ‘phases’:

E – Engage. Sales reps must fully understand the prospects' problems or challenges. This can be pulled out through open-ended questions designed to get at the core of the prospect’s story.
D – Disrupt. The goal of sales conversations is to weaponize the sales rep with information to help them move the prospect closer to considering a new way of thinking. 

VA – Value. Up until this stage of the sales conversation, the product has not been discussed. If the other steps of the sales process have been executed correctly, then the prospect will naturally see the value that the seller’s solution can offer.

This portion of our conversation is a must-listen because John breaks down exactly what modern sales teams need to do to move the needle. [HINT: It’s not talking about their product!]

Pay particular attention to what I share at 27:33 so you can get the inside scoop on Vengreso’s sales conversation questions that get our prospects to lean all the way in. 

Make sure to download the full episode and start listening right now.

This episode of The Modern Selling Podcast was brought to you by OrgChartHub, a sales tool that integrates into HubSpot, giving your sales team the ability to be more strategic, map out buyers, reporting structures, and identify the role of each buying influencer within an account. 

07 Apr 2022How to Use Intent-Based Data to Maximize Sales with Mike Farrell, #20500:41:03

What if you knew the exact companies or individuals who are actively looking for the products or services you offer? Imagine how much more targeted your outbound marketing or prospecting could be. 

That’s the exact topic we dive into in this episode of the Modern Selling Podcast with my expert guest, who is leading the way in leveraging intent-based data to revolutionize the sales game.

We welcome Mike Farrell, CEO of Green leads, to the show.

Mike is a proven high-growth leader with over 30+ years in the IT Channel and BPO-service industries with both start-up and public companies. He has direct leadership experience with seven M&A events and has expertise in leading integration teams. With Green Leads, Mike leads business growth by focusing on strategic differentiation, customer acquisition, and providing a high-touch, high-quality client experience.

Prior to Green Leads, Mike did sales consulting work, helping B2B companies optimize their digital marketing and build internal SDR teams. In addition, he served as the Chief Operating Officer of BAO and was the driving force behind their growth to become a category-leading, 200+ employee, $20M+ Outsourced SDR firm (BPO).

Listen to this cutting-edge conversation as we explore intent-based data, how to leverage its predictive power and what SDRs can do today to use it to improve their prospecting results.

Download the full episode now and jump in to hear what’s really working to give sales organizations a competitive edge on the market.

What really is intent data?

Before we discussed specific intent-based data strategies, it was important to understand what intent data is.

I wanted to hear Mike’s perspective on the topic and what he sees is the growing trend in the area.

He shares, “Intent-based data is a type of digital forensics. It helps you zone in on the companies and people who are actively looking for your offering on the web. We get all sorts of buyer intent signals that let us know who is searching our keywords, reading our content, etc. From there, we can study to help us perfect our prospecting and hone in on the best time to reach out to get buyers right when they’re ready to buy.”

At Vengreso, we use a host of intent-based data tools to help us pinpoint target accounts to focus on with our prospecting efforts. But, like I always say, “a fool with a tool is still a fool,” meaning if SDRs aren’t equipped with the right training, they still may not maximize the full prospecting power of intent signals.

Using intent-based data is still a relatively new strategy among B2B sellers, but when put to use in the right way, SDRs can get more prospects on the phone – faster.

Mike explains the prospecting process they use at Green Leads that is getting their client's impressive results (it’s not at all what I even thought was possible.)

Join in the conversation and listen to the specific ways that Mike recommends sales leaders analyze and use intent data to determine how to reach out to increase prospecting response rates.

How does that intent data impact conversion rates into meetings?

In my experience, intent-based data can be helpful to help you identify target companies. However, most intent-based tools don’t give you great insight into the individuals who are within those companies who control the buying decisions.

So, the question ultimately becomes: How do you leverage intent-based data to actually increase your prospecting efforts?

Mike had some important insights to share, “Finding companies who may be searching for what you offer is just one small part of the puzzle. Intent-based data gets us a powerful head start, so you’re not prospecting from scratch. But, that’s where you must have a robust sales process in place, once you’ve identified these target accounts. We teach our clients how to create specific content based on intent signals to draw those prospects in to book a call. In other words, we look for triggers or entry points and nurture the prospect from there.”

It’s also important for sales leaders and sales organizations to consider all of the data privacy regulations and how using intent-based data sources could play into this. Mike has a very unique perspective on this, so be sure to listen in right around the 24-minute mark.

Although intent-based data is one part of the prospecting toolkit, at Vengreso, we teach the importance of taking an omnichannel approach to prospecting, using LinkedIn, email, text messages, and videos to get your prospect to lean in. So, once intent-based data is collected, the goal is to put your prospecting process into play – reaching your B2B buyer in as many channels as possible – always with highly personalized messages.

Download this episode and get the inside scoop on the best intent-based tools to use and what important steps you should be taking to maximize various B2B buyer intent signals.

What are the best intent-based data tools?

There are a host of sales technologies that not only help SDRs improve their productivity, but also change how we can find and engage with B2B prospects.

The key is to find tools that can easily be integrated into the prospecting process to increase prospect engagement (ideally across a host of channels).

We created FlyMSG, a text expander to help sales teams type less, so they can prospect more. A tool like this could help SDRs take the intent-based data they receive from other platforms and start to reach out and engage with prospects.

To get the full scope of how we should be getting the most out of intent-based signals, I wanted to get Mike’s rundown of the must-try tools to win the intent signal game.

I won’t spill the beans here, so be sure to download and listen to the full episode to get his Top 3 Intent-Based Data Tools to use.

09 Aug 2022Vengreso’s 5-Year Historic Pivot Begins with FlyMSG00:42:45

This HUGE Vengreso announcement couldn’t come fast enough for the world’s one billion knowledge workers.

Because with stats from a recent study like 49% of knowledge workers doing repetitive tasks that take them away from strategic work, resulting in over 17.3 hours in lost productivity every week – the days of copying and pasting are finally numbered!

Imagine a workplace where messages follow you in the cloud and don’t stay stuck in a Google Doc, Word Doc, One Note, Evernote, Notepad, Notebook or a draft email.

A “personal writing app” that with a few keystrokes, and in a few seconds, can easily populate a message that would have taken you 3-15 minutes to find and then copy and paste.

A productivity workflow that enables you to save not just an hour a day, but empowers you to consistently reclaim your energy to focus on other strategic tasks that actually move the needle in sales, customer engagement, HR, operations, marketing, etc.

The great news is…

You don’t have to imagine anymore because Vengreso is leading the way with a new business productivity tool called FlyMSG. It’s instantly saving global knowledge workers significant time and boosting their companies’ bottom line.

But, how did the world’s largest digital sales training company ‘stumble’ upon what could be the biggest time saver and productivity driver of a generation?

Two words: Observation and Luck.

What does that mean exactly?

The Evolution of Vengreso and Birth of FlyMSG

As you know we invested over 10,000 hours in creating best-in-class, digital sales prospecting education to drive more sales calls and help them consistently hit their sales quotas became our core specialty for the past 5 years. We were the first sales training company to launch a virtual sales training and remote selling program for B2B sellers starting in 2018.

During this incredible journey in serving the amazing B2B sellers and business owner community, we noticed a common trend in how these sellers were using the sales email templates and messages that were part of our digital sales courses.

Whether it was a cold email outreach message to a prospect, a LinkedIn prospecting message, or an email template – sellers were spending countless hours constantly copying and pasting the same messages over and over again.

The more we observed how sellers were using our messages, the more it became clear that they needed a highly efficient and automated way to get sales messages out faster and with more consistency.

It is through this desire to help B2B sellers become more efficient in their sales prospecting that FlyMSG.io was born!

FlyMSG.io is an innovative text expander that stores thousands of message templates (called FlyPlates) that can instantly be retrieved using shortcodes (called FlyCuts) and used anywhere online. From Gmail, Slack, Outlook, LinkedIn, Facebook, HubSpot, or Salesforce – sales reps could pull in their “greatest hits” of messages without ever needing to copy and paste.

Well, that’s what we thought. Little did we know that FlyMSG wasn’t just a “sales productivity” tool. What it would become was much bigger than what we forecasted!

Want to see the power of FlyMSG.io in action? Check out the quick demo video below.

https://youtu.be/tFpyIWWtoLc?t=101

The Growth of FlyMSG.io – The First Productivity Tool of Its Kind

Initially when we released FlyMSG, in December 2020, we set out to increase sales productivity to empower sales teams and leaders to free themselves from the incessant copy and paste time drain.

Afterall, our focus for half a decade has entirely been on improving sales prospecting.

But, it turns out that we didn't have just a sales productivity tool, we actually created a business productivity tool.

Not just any business productivity tool either!

While FlyMSG had immediate value for sales teams, sales professionals, what the stats showed us was that nearly any professional in every industry in the world could benefit from it and was in fact using it.

From sales enablement, to HR teams, to medical professionals, to marketers, to customer service managers, to teachers, to operations specialists, the list is virtually endless.

Which is why FlyMSG, in under 18 months, has been able to powerfully save thousands of professionals valuable time – ultimately increasing productivity, efficiency, and sales within their organizations.

Whether it is…

  • An HR Manager sending out a standard onboarding message to a new employee…
  • An online pharmacist sending a fulfillment email to a new customer…
  • A customer service rep answering a frequently asked question through online chat…
  • A marketer sending out a standard creative request to their design team…
  • A realtor sending a follow-up message to a homebuyer to book a consultation…

FlyMSG is changing how people are connecting with customers, building engagement, and saving time from having to copy and paste templated messages or snippets of messages.

That’s why in under two years (with NO marketing at all), FlyMSG has grown from no users to over 3,000 users worldwide.

And, as a result, our focus, as a company, has shifted from just enabling sales teams to reclaim their time and teaching how to prospect, to continuing to build out FlyMSG to empower the billions of knowledge workers worldwide.

The reality is FlyMSG became a personal writing assistant and auto text expander application to everyone outside of sales. In fact, as of today sales represents only 33% of our total user community!

In other words, if there is a repeatable message or snippet being sent anywhere online, FlyMSG is the automated business productivity tool that can help!

The Name Vengreso – Past and Future

Our company name, Vengreso, comes from the combination of the Spanish words Ventas and Ingreso which translate to Sales and Revenue, respectively. Our focus from the beginning was to help sellers drive more sales and increase revenue for the company – thus the words Ventas and Ingreso.

Graphic showing how Ventas and Ingreso (words in Spanish) became the name of Vengreso

We thought FlyMSG in it’s original form would continue to drive the same for sellers. And… It did in fact do that, but it did more as you know. It began saving 1/hour a day or more for the non-sellers. In fact, 67% of our users are non sellers!

So does the name still apply today even though we aren’t just focused on sellers?

Yes! It sure does.

Because FlyMSG can help a knowledge worker increase their productivity, this in turn boosts their time savings and efficiency, which improves their job satisfaction, and ultimately helps the company hit their financial goals.

And, as our name implies, FlyMSG continues to position Vengreso to empower companies to increase their sales and revenue!

The Future of Vengreso & FlyMSG.io

After 5 years as a digital sales training company, we’ve decided to pivot Vengreso into a SaaS-based, productivity management software company with a focus on providing education to every knowledge worker in the world.

Because we don’t focus on the just sales anymore rather every vertical, this puts us into the PLG category. As a result now of focusing on every knowledge worker, across every vertical we are now considered a PLG or product-led-growth company.

Our goal with FlyMSG?

To save knowledge workers at least an hour every day.

And with FlyMSG, as your personal writing assistant and a productivity tool, it’s now part of the rapidly-growing Productivity Management Software space – a space that is expected to grow to $122 billion by 2028.

Which puts Vengreso in prime position to capture a significant share of this market. (After all we’ve reached 3,000 active FlyMSG users without spending anything on advertising)

Now, you may be wondering…

What does this mean for the 10,000+ hours invested into our award-winning, digital sales training?

It won’t go anywhere!

In fact, we’ve structured FlyMSG’s paid subscription plans to be able to add on for $15.00 extra per month, it can include our entire library of sales prospecting courses. Who would leverage it?

If you combine business owners, entreprenuers, with sellers, it represents about 50% of our total user population! So there is plenty of people that still need to know how to prospect.

So, whether you want to learn how to master LinkedIn for prospecting or leverage video to get more sales calls booked – FlyMSG users will also have full access to our proven content.

Not only does this major pivot give knowledge workers a leg up to save time, but it also opens up an incredible and truly unique opportunity for investors.

A Rare Opportunity for The Right Investor

Currently the Productivity Management Software space is sitting at $42 billion dollars. But, this market is expected to balloon to over $122 million by 2028.

So, with the right financial backing and technology build out of new features and tools for knowledge workers – FlyMSG could be a $65M+ company in just 5 years!

To achieve this level of growth, we’re actively seeking investors who are willing to fund the vision we have for FlyMSG.

That brings me to the MOST exciting part of this article.

We’ve officially opened up a crowdfunding round to any investor who is looking to be a part of FlyMSG.io history. Whether you want to invest $100, $1,000, $10,000 or more – this is just the beginning of what we’ll achieve with FlyMSG over the coming years.

In this Modern Selling Podcast episode, I go into a lot more details about what this transition means for Vengreso’s growth trajectory, what we anticipate the return for FlyMSG investors to be (it’s significant!), and why we chose now to go full force with this pivot.

Want to skip the line and invest in FlyMSG.io now? Visit https://wefunder.com/vengreso to grab your share of this historic technology deal.

If you know an angel investor or venture capitalist who invests in early stage technology, feel free to send them my way at mario@vengreso.com.

And, if you haven’t already, download the free version of FlyMSG to give it a try today.

Trust me… you’ll be saving at least 5 hours a week!

While you’re at it, be sure to schedule a free 30-minute onboarding call with one of our Productivity Specialists so you can maximize all the incredible built-in features of FlyMSG!

19 Mar 2024An AI-Powered Approach to Modern Selling00:54:46
 

Have you ever heard these myths about AI in sales and marketing?

Myth 1: AI will replace sales professionals. Myth 2: AI is too complex and expensive for small businesses. Myth 3: AI can't personalize interactions like humans can.

We will share the truth about AI's impact on sales and marketing, so you won't want to miss it! Stay tuned.

In this episode of The Modern Selling Podcast, Mario Martinez Jr. engages in a dynamic discussion with guest Brian Bell, shedding light on the benefits of leveraging AI in sales and marketing. Brian Bell brings his extensive experience and insights into the challenges faced by sales professionals, emphasizing the importance of embracing innovative tools and techniques to stay ahead in the modern sales landscape.

As a seasoned expert in the field, Bell shares practical advice on the use of AI-driven features for personalized engagement, the significance of an omnichannel approach to prospecting, and the potential impact of using text expanders and personal writing assistants to enhance productivity and communication in sales. His valuable insights and real-world examples make this episode a must-listen for sales professionals seeking to improve efficiency and effectiveness in the ever-evolving landscape of sales and marketing.

AI Benefits in Sales
The strategic utilization of Artificial Intelligence (AI) in the sales process can significantly boost productivity levels and enhance engagement rates. AI can assist in personalizing sales pitches, providing time-saving automation of routine tasks, and predicting customer behavior, which delivers a competitive edge. Not only does it improve efficiency, but it also refines accuracy, thereby transforming the way sales professionals interact with prospects and clients.

"A fool with a tool, is still a fool" - Mario Martinez Jr.

Today's conversation is shared with Brian Bell, a seasoned venture capitalist with a focus on pre-seed companies. His expertise lies in the integration of AI technology and the human-assisted AI concept, providing valuable insights into the realm of sales and marketing. With a strong entrepreneurial background, Brian offers practical advice on strategic marketing spend, resource allocation, and navigating technological challenges. Leveraging his extensive experience in sales, marketing, and executive leadership, Brian's contributions shed light on the tangible benefits of AI in enhancing selling efficiency and effectiveness.

In this episode, you will be able to:

  • Uncover the Surprising Benefits of AI in Sales and Marketing.

  • Learn the Secrets to Building a Successful SaaS Product.

  • Master Strategies for Effective Social Selling.

  • Unlock the Power of Personal Branding in Entrepreneurship.

  • Discover How to Leverage Podcasts for Business Growth.

The key moments in this episode are:
00:00:08 - Introduction to FlyMSG.io

00:00:48 - Twist in the Episode 

00:02:13 - Mario's Background and Experience

00:04:17 - Journey to FlyMSG

00:06:46 - The Value of Education and Experience

00:13:46 - The Importance of Pre-Hello to Hello in Sales

00:14:52 - Revolutionizing Sales Prospecting

00:16:48 - Systematizing Sales Playbooks

00:22:56 - Enhancing Social Engagement

00:24:29 - The Modern Selling Podcast and Prospecting

00:27:00 - Leveraging Thought Leadership for Sales Success

00:27:42 - The Transformation to Modern Selling

00:29:35 - The Power of Podcasting in Business Development

00:34:42 - The Role of Sales and Marketing in Cutting Through the Noise

00:36:22 - Mistakes Early Stage Startups Make in Sales

00:41:02 - Importance of Owning Your Domain

00:42:44 - The Need for Technical and Sales/Marketing Co-Founders

00:46:20 - Doing It vs. Delegating It

00:50:25 - The Impact of AI on Sales and Marketing

00:53:21 - Where to Find Mario

00:53:59 - Introduction and Gratitude

00:00:00 - Harnessing the Power of Text Expansion

00:12:30 - Personal Writing Assistant Features

00:25:45 - Practical Applications in Sales

00:40:15 - Future of Text Expansion

Timestamped summary of this episode:


00:00:08 - Introduction to FlyMSG.io
Mario Martinez introduces himself as the CEO and founder of Vengreso, the creators of FlyMSG.io. He explains that the podcast will feature sales leaders, practitioners, and influencers to help listeners grow their sales numbers at scale.

00:00:48 - Twist in the Episode
Mario discusses the unique twist in this episode, where he will be speaking on Brian Bell's podcast, the Ignite Sales podcast. They will cover topics such as embracing technology with AI, entrepreneurial spirit, prudence in marketing spend, and challenges faced by FlyMSG.

00:02:13 - Mario's Background and Experience
Brian introduces Mario as the CEO of FlyMSG and discusses their shared experiences as first-generation college students who almost dropped out due to successful sales careers. They explore the value of college degrees in today's world and the importance of experience in the workforce.

00:04:17 - Journey to Flymessage
Mario shares his journey from corporate sales and executive leadership roles to starting his first company, Vengreso, as a digital sales training company. He explains the process of merging individual businesses to form Vengreso and the challenges faced during this transition.

00:06:46 - The Value of Education and Experience
Mario and Brian discuss the value of education and experience in the sales industry. They debate whether a college degree is necessary and how it impacts career opportunities. Mario emphasizes the importance of experience and skills in addition to formal education.

00:13:46 - The Importance of Pre-Hello to Hello in Sales
Discusses the lack of focus on the pre-hello to hello in sales training and the difficulty of the sales job in this phase.

00:14:52 - Revolutionizing Sales Prospecting
Introduces the concept of FlyMSG as an auto text expander to streamline prospecting communication, leading to significant time savings for sellers.

00:16:48 - Systematizing Sales Playbooks
Talks about how FlyMSG systematizes sales playbooks into a SaaS application, providing customizable implementation based on the company's sales process.

00:22:56 - Enhancing Social Engagement
Explores how FlyMSG addresses the challenge of engaging on LinkedIn by enabling thoughtful and individual replies, improving the effectiveness of social engagement for sales reps.

00:24:29 - The Modern Selling Podcast and Prospecting
Mario Martinez Jr. discusses his podcast and its focus on the omnichannel approach to prospecting, emphasizing the importance of opening up new channels for increased engagement rates.

00:27:00 - Leveraging Thought Leadership for Sales Success
Brian Bell shares how inviting the chief commercial officer of HP to his podcast led to millions of dollars in closed deals. Thought leadership and niche-focused content were key to his success.

00:27:42 - The Transformation to Modern Selling
Brian emphasizes the importance of using every weapon in the quiver for modern selling. From gift marketing to direct mail, text, and phone, the goal is to slice through the noise and engage with potential customers effectively.

00:29:35 - The Power of Podcasting in Business Development
Both Mario and Brian highlight the effectiveness of using a podcast as a tool for business development. It's an opportunity to engage in meaningful conversations and build relationships that lead to closed deals and advisory board opportunities.

00:34:42 - The Role of Sales and Marketing in Cutting Through the Noise
Brian stresses the importance of salespeople and marketers understanding each other's roles to create personalized, hyper-personalized engagement and outreach. This approach is crucial for standing above the noise in a crowded market.

00:36:22 - Mistakes Early Stage Startups Make in Sales
Mario discusses the common mistakes early stage startups make in sales, including the misconception that hiring a salesperson will solve all problems. He emphasizes the importance of founders being able to articulate their vision and passion.

00:41:02 - Importance of Owning Your Domain
Mario emphasizes the importance of owning your domain in sales and marketing. He advises founders to own their space and leverage it without spending big bucks.

00:42:44 - The Need for Technical and Sales/Marketing Co-Founders
Mario discusses the importance of having a technical co-founder for product development and a sales/marketing counterpart for driving revenue. He highlights the challenges faced without these roles.

00:46:20 - Doing It vs. Delegating It
Mario shares the importance of rolling up your sleeves and getting things done, even if it means learning new skills. He emphasizes the need to be hands-on in certain areas of the business for better understanding and improvement.

00:50:25 - The Impact of AI on Sales and Marketing
Mario predicts that AI experience will become a crucial requirement for job seekers in the sales and marketing industry. He advises that individuals need to have AI experience to stay relevant in the industry.

00:53:21 - Where to Find Mario
Mario shares that people can connect with him on LinkedIn and explore FlyMSG, for free access. He invites sales leaders and founders to utilize the platform for driving more conversations and creating more hellos.

00:53:59 - Introduction and Gratitude
Mario Martinez Jr. expresses gratitude to the listeners for tuning in and introduces the episode's guest, Brian Bell. He concludes with a message of goodwill, "good selling."

00:00:00 - Harnessing the Power of Text Expansion
Mario and Brian discuss the benefits of using a text expander as a personal writing assistant. They explore how this tool can improve productivity and efficiency in writing tasks.

00:12:30 - Personal Writing Assistant Features
The conversation delves into the specific features of a text expander and how it can aid in streamlining writing processes. Brian shares insights on leveraging this technology for effective communication.

00:25:45 - Practical Applications in Sales
Mario and Brian highlight real-life applications of text expansion in sales scenarios. They emphasize its role in enhancing customer communication, creating personalized outreach, and increasing sales efficiency.

00:40:15 - Future of Text Expansion
The episode wraps up with a discussion on the future of text expansion and its potential impact on various industries. Mario and Brian explore the evolving landscape of writing assistance tools and their implications for businesses.

Effective Social Selling Strategies
Harnessing the power of social media networks can revolutionize selling tactics. Effective social selling strategies focus on building reliable, long-term relationships with prospects rather than resorting to aggressive sales techniques. By strategically leveraging social networks, sales professionals can gain deep insights into potential clients' interests and behaviors, establish credibility, and effectively engage with their audience through personalized content.

Successful SaaS Secrets
The key to a successful Software as a Service (SaaS) lies in understanding the customers' needs, focusing on building quality products that add real value to the user's experience, and effectively marketing these solutions. It's crucial to adapt to changes rapidly and proactively incorporate customer feedback into product development. The goal should always be to enhance customer satisfaction, predominantly by providing innovative solutions and excellent client service.

The resources mentioned in this episode are:

  • Connect with Mario Martinez Jr. on LinkedIn and send a personalized connection request mentioning the Ignite podcast with Brian Bell.

  • Visit FlyMSG:io to sign up for a free trial, a text expander and personal writing assistant to save time and increase productivity.

  • Download FlyMSG to save 20 hours or more in a month and increase productivity.

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