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In order to more effectively deliver premium online content tailored specifically to your career advancement, BusinessWatch Network has decreased the number of articles in each newsletter - and increased the number of newsletters each month (from 1 to 2 Issues). This new format affords you better access to more selective business-critical information in your career specialty. We hope you enjoy the improved format. Thank you for your continued readership!

Volume 10, Issue 3     
In This Issue:

Inc Icon  Secrets of a Superstar Salesman
         What's a fair sales quota in 2010?
Inc Icon  The Secret of Sales Success
         Sales tips from the world's toughest customers
Inc Icon  Tips on Managing a Virtual Workforce
Manage Smarter Icon  Selling in Your Sleep
Manage Smarter Icon  Outside the Box: Sticking up for Capitalism (and Sales)
Marketing Profs Icon  Build a Brand Identity Toolkit That's Flexible, Durable, Shareable-and Yours
Forbes Icon  Why the Highest Price Isn't the Best Price
     Inc Icon  How to reduce your cost of sales
Fast Company Icon  A Cheat Sheet to Help You Conquer Social Media
     Manage Smarter Icon  5 laws of video marketing
Business Week Icon  [Customer Metrics]: Overmeasuring Our Way to Management
Wall Street Journal Icon  Before They Were [Titans & Moguls] These People Were Rejected

If you enjoy this newsletter, read more in our Archive and Explore more Topics and Events
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Secrets of a Superstar Salesman
What is your key to success in any environment?

Vision Thing Deal sees his mini nuke generators fueling water-purification systems worldwide.
What's a fair sales quota in 2010?
Setting sales quotas is never easy, but here are some tips to help you do it right.
Is John "Grizz" Deal the greatest salesperson around? "You can tell a lot about what you're up against in a sales pitch by the way they serve you coffee," John Deal mumbles to me, as the others in the room noisily take their seats around the conference table at a well-known British engineering and defense contracting company on a dreary day in central England. I take this to mean that Deal has his work cut out for him, given that his prospects have unceremoniously plunked down in front of him a jug of scalding coffee and a stack of plastic cups, with no cream or sugar in sight. Deal begins making his case to six poker-faced executives, who proceed to blast him with an array of questions that cast doubt on his product, his business plan, his prospects for survival, and possibly his sanity. Every sentence seems to start with, "What I don't get is," or "The sticking point with me is," or "But how can you possibly...?" Forty-five minutes later, however, the managers have changed their tune. Now they are asking...
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The Secret of Sales Success
Delve into the minds of sales people to know how to keep their motivation high.

Psychoanalyst and ethnographer G. Clotaire Rapaille
Sales Tips From the World's Toughest Customers
Learn what the big companies are looking for in their suppliers so you can give it to all your potential customers.
Great salespeople are masters of psychology: The best of them can suss out pain points and imminent objections just a few minutes into a call. "You can tell a lot about what you're up against in a sales pitch by the way they serve you coffee," Their own psyches, however, are more mysterious. Are they motivated by greed and competition? Or masochism and the prospect of rejection? Perhaps both, suggests G. Clotaire Rapaille, a psychoanalyst and ethnographer who has been working with major corporations for two decades. The founder of Archetype Discoveries Worldwide in Palm Beach, Florida, Rapaille has built a career helping corporations discover the mental models that animate their customers, employees, and organizations. Much of that research has focused on salespeople, whom Rapaille characterizes with a surprising archetype: happy losers. Understanding what that means, he told editor-at-large Leigh Buchanan, can go a long way toward helping managers get the most out of their often inscrutable sales forces...
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Tips on Managing a Virtual Workforce
Telecommuting offers big rewards but takes a different management style. Here are a few great tips from CEOs already "working it out".

A telecommuters' office with husband and wife team
These days, it is entirely possible to run a thriving business out of a dozen different cities - with no central office. We talked to many smart CEOs who have ditched formal digs in favor of online communications between employees, periodic productivity check-ins, and a lot more flexibility. They shared lessons they've learned along the way, and pointers on how to make a virtual company grow and thrive...
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Selling in Your Sleep
Bringing your sales into the social media network with proper training and focus

Rule #1: It has to be about them.
Rule #2: It has to be about them.
Rule #3: Never break rules 1 and 2.


  • Are you a sales professional?
  • Are you a sales manager?
Check the appropriate box. What you are about to read can, and will, change your view of your world of sales and management. This means more money into or out of your pocket. On a recent Monday, late in the evening, I sent a article I'd written to all of my LinkedIn groups. The content consisted of some research I had done on productivity in the marketplace that was relevant for every business professional in the world. Then I went to bed. Before my pillow had flattened-in the blink of an eye I was connected with more than 50,000 people! With the click of a button...
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Outside the Box: Sticking up for Capitalism (and Sales)
What makes you a great salesperson? Some would say greed; others say there is a lot more to it.

For those of us in the sales profession, it can be argued we are on the front lines of capitalism-the leading edge of demand creation. Salespeople who are paid wholly or partially on commission are daily living in a real world supply-and-demand marketplace where their financial worth is determined by the value of their productivity. I have been thinking about our roles in a capitalistic society often these days, because the very worth and value of capitalism itself, shockingly, is being argued daily in this country and abroad since the banking crisis hit. If we draw the right conclusions about who we as salespeople really are and what motivates us within this tough, capitalist system, we can best thrive in the current continued economic doldrums. Thinking about motivated salespeople also gets me thinking about...
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Build a Brand Identity Toolkit That's Flexible, Durable, Shareable-and Yours
Key targets your brand needs to hit to build up your company.

An open tool box
In today's decentralized, tweeting, demand-printed, www universe, achieving compelling visual coherence is tough. There's an ever-widening range of communications that need to consistently express your brand (and an e-newsletter has requirements and opportunities that are different from a brochure's or a microsite's); people far outside any marketing department have the tools to make communications (and do); and even if an organization masters its own staff, others are creating communications outside your walls, 24/7, that affect your brand. In the 1930s, corporate identity's US "inventors"-Egbert Jacobson for Container Corporation of America, Henry Dreyfuss for the 20th Century Limited/New York Central-identified and realized an opportunity that is still important to us. They understood that the more communications reinforced one another visually, the easier and faster constituents would come to know and recognize a corporation or program. And if what was given coherence was also visually compelling, that coherence translated into increased interest, participation, loyalty, and value. Mid-century practitioners-think Chermayeff & Geismar for Mobil or Paul Rand for UPS-brought increased discipline: Guidelines (rules, really) ensured that every Mobil sign, pump, and can of oil came together to dominate the vehicular landscape. But those ace communicators and their clients had it easier than we do now. [Today, crafting or renovating a system for visual brand expression is more like making...]
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Why the Highest Price Isn't the Best Price
Make sure you get it right when pricing, or risk losing profits.

How to reduce your cost of sales
Using a across the board cuts do the most damage to your sales force.
If charging the highest price isn't the best strategy, then what is? Most companies charge what the market will bear. In other words, they charge as high a price as they can. But that isn't the best strategy in two respects. First, it neglects other potential means of profiting from delivering superior value--means that could result in greater overall profit. And second, it weakens...
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A Cheat Sheet to Help You Conquer Social Media
A compact comparison of the different social media types and how they can help you.

Manage Smarter Header   5 laws of video marketing
A major marketing tool, video campaigns need to be done right in order to compete.
Marketers who are still a little unsure about charting their path through the choppy waters of Facebook, Twitter and LinkedIn could do worse than check out this handy little guide to making social media work for them. The CMO's guide to the social landscape, created for CMO.com by client 97th Floor, takes all the major social media sites in the U.S. and analyzes their capabilities in four sectors:...
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[Customer Metrics]: Overmeasuring Our Way to Management
Avoid these pitfalls of over measurement to keep your business thriving.

Yes, you can manage what you can't measure, asserts Charles Green. Sometimes measurement even has a downside. Business has caught a terrible case of the measurement flu. Companies seem more focused on performance indicators than on the actual health of what they are trying to measure. Beyond this confusion of measurement, there are side effects: depersonalization, a decrease in trust, and a false sense that costs and risks are actually being managed. All three are evident in business in the last decade, and not just on Wall Street. Imagine you're at lunch with a very good customer. You tell him or her:...
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Before They Were [Titans & Moguls] These People Were Rejected
College rejection letters are on their way. They could start many promising new careers.

Tom Brokaw: Now and then photos of school days vs. today. Broadcast journalist  - Harvard rejection prompted him to settle down and stop partying. 'The initial stumble was critical in getting me launched.'
At College Admission Time, Lessons in Thin Envelopes. Few events arouse more teenage angst than the springtime arrival of college rejection letters. With next fall's college freshman class expected to approach a record 2.9 million students, hundreds of thousands of applicants will soon be receiving the dreaded letters. Teenagers who face rejection will be joining good company, including Nobel laureates, billionaire philanthropists, university presidents, constitutional scholars, best-selling authors and other leaders of business, media and the arts who once received college or graduate-school rejection letters of their own. Both Warren Buffett and "Today" show host Meredith Vieira say that while being rejected by the school of their dreams was devastating, it launched them on a path to...
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