Matt on Marketing

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Monday, March 2, 2009

Keeping Sales Productive in a Recession

Fortune Magazine's "Three Minute Manager" column recently featured some sage advice for keeping sales teams productive in a difficult selling environment. I couldn't find a link to the column directly, but wanted to share some of the great suggestions here.

From Robert YoungJohns, president of North America sales & marketing for Microsoft:
Don't underestimate the amount of pressure your customers are under. Show how your product can offset the cost pressures they face.

From Steve Waterhouse, author of The Team Selling Solution:
Make sure you're selling to the right person. In a tight market, the buying power shifts up. The buyer who could spend $10,000 a year ago now has no power. Salespeople need to build relationships with higher-level contacts.

From Tom Tierney, SVP of U.S. commercial card sales at American Express:
You have to motivate the troops. Financial motivation is often what drives them, but just as important, especially now, is recognition.

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