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A Newsletter With Insights on Sales Excellence and Customer Retention

Volume 4

December 2006  --  Issue 12  

www.PeakSalesConsulting.com

info@PeakSalesConsulting.com 


Happy Holidays from Peak Sales Consulting, LLC


The Most Common Customer Management Mistakes

You’re probably making them now

How we manage our customers is critical to the on-going success of our business. After all, without customers we have no revenue, and without revenue we have no business. Yet many companies and sales people don’t pay enough attention to their existing customers to build loyalty so they’ll remain as clients who continue purchasing from us. The focus of many companies seems to be biased toward acquiring new customers at the expense of their existing ones. Since it costs so much more to sell to new customers (up to seven to 10 times more) due to added marketing and sales activities, it just makes plain sense to focus more efforts on retaining our bread and butter customers.

Here are seven common mistakes that companies and sales people make when managing their customer relationships....Read More

 


 


If Your Canary Dies, Then Your Sales

People May Need Help

Dysfunctional Sales Practices

Most people are familiar with the age-old practice of bringing a canary bird into a coal mine to see if the oxygen is acceptable for human consumption. If the poor little bird dies, then the miners would know that either the air is toxic or there isn’t enough oxygen to sustain human life. I certainly hope that in these current times there are more humane methods for checking the atmosphere. No – I don’t mean throwing your boss in the mines instead of a bird! I mean technological equipment that measures air quality for humans. I DO know, however, that a similar inhumane practice exists in many sales environments.

The practice I am referring to is throwing sales people into a particular situation and waiting to see if they survive (metaphorically speaking, of course). Not familiar with the practice? Well then, allow me to explain. When I work with various types of companies of various sizes and industries, the one constant that I frequently witness is that there tends to be a survival-of-the-fittest syndrome that prevails. Hiring sales people with the expectation that they will either succeed or fail in the first six-months with minimum management intervention is a common mistake that businesses make and it gives me the willies....Read More
 


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PEAK Sales Consulting specializes in working with businesses to develop and implement business and sales processes. Our focus is to help businesses increase sales revenue, reduce sales cycles, enhance lead flow management, develop world-class sales teams, and create customer retention strategies. PEAK Sales Consulting develops Sales Process and CRM strategies, provides sales coaching and training, and offers sales technology solutions. Visit us at www.PeakSalesConsulting.com  or call us at (702) 655-5652. Our email address is sales@PeakSalesConsulting.com and our mailing address is 8205 Wooden Windmill Court, Las Vegas, NV 89131

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