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    Saturday, December 8, 2018

    Any 7 figure earners out there? Sales and Selling

    Any 7 figure earners out there? Sales and Selling


    Any 7 figure earners out there?

    Posted: 08 Dec 2018 08:32 AM PST

    Have you ever earned 7 figures in 1 year ($1 million USD + on your W2).

    What were your circumstances (base, commission rate, quota, average deal size , sales cycle length, product you were selling and to whom, how many transactions did you close, etc)

    How did you go about accomplishing this feat or was it mostly luck ?

    submitted by /u/migs51
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    Follow on - medical device firing- non compete

    Posted: 08 Dec 2018 04:55 AM PST

    I didn't want this question to get buried as would really appreciate the insight.

    I have a non compete that states I can work for a competitor but am not allowed to solicit business from current customers

    Question- the offices I went to often are the first to here about new positions. Reps telling them they're leaving etc. So I wanted to go round to each of my offices that I'm very close with and provide a copy of my resume and business cards so that if and when they hear about something they will have all my info there.

    Good or bad idea? Also as I'm not soliciting business as I'm unemployed i don't think it would be a breach of my non compete

    Advice much appreciated

    submitted by /u/Dodofisher
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    Getting into life insurance sales pros and cons?

    Posted: 08 Dec 2018 11:26 AM PST

    Any help appreciated / New to Sales / Tech and Legal Services

    Posted: 08 Dec 2018 09:34 AM PST

    Okay, so I'm a first-time redditor, 25, who is brand new to this platform. I ran into this subcategory of Sales and have found the "Best of" thread to be a great starting tool for learning some basic points and useful methods, as everything here seems to have their own unique input, which I find to be very valuable.

    A brief introduction to my current situation, open to all forms of input.

    Back in the start of January of 2018, almost a year now, I was referred to a local attorney to offer my services as an "extra hand", at that time was needed because of an increase in work and a backup from the busy season. I was asked to learn the business operations, the ins and outs, to nail down the system and become an all-around utility guy, with a minor background in web development and basic skills with WordPress, HTML, CSS, Javascript, and C+. Keep in mind, I've never had any secondary education, and have always been a "self-learner" kind of guy, taking in different skillsets for an array of paths, including marketing. I've also just started using Pluralsight to learn from different courses about SEO and small business theory. Nowadays, the owner of the company, which offers legal services across the company since 1988 has slept on the current need for tech integration and the high value in good CRM and client comms. Now, I'm considered "THE right-hand man". A good feeling indeed. I've only slightly pushed and leveraged my value as an asset to the company and haven't really demanded too much in the name of compensation, primarily because I do have a comfy position whereas I have the freedom and flexibility to work whenever I want with my own directions and paths. Unfortunately, the boss is 58 and most days I spend most of my time holding his hand in making sure he is communicating and facilitating the highest priority tasks that must be done in order to maintain daily success. The company has been on an increasingly slow downward spiral in revenue. Now is where I come in. Since I manage the website and actually get the market/target demo, along with the lucrative opportunity of a vast amount of potential sales, I need help in selling a service that is essential for a huge amount of finance departments along one specific sector. The only reason I have stayed aboard is I know of the endless amount of POTENTIAL here. I need help in figuring out a sales strat. I've written good summaries of what needs to be done and the important changes that should be made in order to get the revenue machine rolling again.

    Any suggestion as to how I should approach things with the boss in getting him to "let me loose". And what are some of your thoughts on how I should approach this in getting all of my ducks in a row?

    submitted by /u/SystemicCones
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    I have some interviews at car dealerships coming up. I have questions, and would appreciate any advice!

    Posted: 07 Dec 2018 11:22 PM PST

    After deciding I need a change of pace, I've applied to nearly every nearby sales position that I thought might consider me and I've heard back from two reputable dealerships and have set up interviews for this coming week. I've been reading everything I can find on this sub, and in particular I'm working on everything mentioned in this post from the sidebar. With that being said, it's been several years since I've had a formal job interview (prior military and the last couple jobs I've had since then basically hired me for being able to show up to the interview on time and not on meth) so I'd appreciate any advice, especially since I've never interviewed for a sales position. Without further ado:

    1. I should wear a suit and tie to the interview, right? Gut feeling says "yes" but just making sure.
    2. Is it appropriate to write down any questions I have, or additional talking points in case I forget? And is it generally ok to write down things I think are important during the interview, e.g. I ask what the top 3 salepeople do differently and the sales manager tells me something super useful. Or is that rude?
    3. What are some good questions to ask to get an idea of the culture and day-to-day life? I'll probably ask how many cars they typically sell, employee turnover, what office activities there are, and that sort of thing, but is there a subtle way to find out if they're all dickheads who secretly hate each other?

    Thanks in advance for any help, and thanks for all the useful information that's already here! I know I'm overthinking things a bit, but I like to go in as prepared as I can be.

    submitted by /u/Razedrazor
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    Those who work in FOREX sales for a broker, do you see a future?

    Posted: 07 Dec 2018 10:35 PM PST

    Do you think that there is a severe cap to how much you can make in Forex sales? do you see it as a stepping stone to other sales jobs or do you think it is something that you can work in for your entire career?

    submitted by /u/Administrative0wl
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    Paying for the news while working a commission-based job

    Posted: 08 Dec 2018 07:51 AM PST

    I have to read the news -- specifically, WSJ -- for my job, but I haven't made any money recently, so I can't afford the subscription for next month ($40/month). I already used up their $1 for one month deal. Any recommendations for how I can get a hold of WSJ for much cheaper for at least a year? I work in insurance sales/financial planning if this makes any difference. Thanks in advance for your help and advice.

    submitted by /u/tedbear010
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    Upselling & Cross-Selling: What are the best job opportunities?

    Posted: 08 Dec 2018 07:28 AM PST

    I primarily do account management and upselling at a consulting firm. Curious as to what are the best opportunities (primarily SaaS and medical) for managing accounts and then trying to upsell on existing business where a solid pipeline or list of priority accounts already exists.

    I know Salesforce and Oracle have roles like this - what're the typical requirements and pay for a role like this? Obviously less upside than a hunter for new accounts, but not sure where I would start to look for positions like this.

    Thanks!

    submitted by /u/sfm75
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    On ramp/building a book in December

    Posted: 07 Dec 2018 05:13 PM PST

    Does anyone have experience building a book during an on ramp in December? What tips might you have to set yourself up for success?

    I started a new SaaS job in mid November. After training, I've been able to set a good number of demos, but now I'm starting to lose some steam with my success rate.

    I carry a monthly quota so I'm feeling a little pressure to close some sales ASAP. That said it's lower as I'm ramping up.

    It's a classic excuse but it seems that prospects subconsciously don't want to engage. I probably need to just adjust my mindset.

    submitted by /u/BDC_67
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    Looking for a bit of advice, possibly someone to shine a light on different opportunities...

    Posted: 07 Dec 2018 09:13 PM PST

    A bit of backround about myself. 30 year old male in the southwest. I have a solid background in customer service, mostly over the phone. Gradually, the customer service has led into sales-ish type roles and responsibilities for me. I have done phone banking with what I consider soft sales for 3ish years ( basically building a bit of interest on a service or product and then asking people if they want to speak to the sales dept.) which then led into a home mortgage collections role at the same bank for about another year..I switched that up a position at a graduate university in the enrollment department, which I guess I consider to be consultative sale( correct me on those phrases if needed) I was in that role for a little over six months then earned a promotion to the compliance team.. I currently work at home evaluating the enrollment team and providing vompliance related coaching. I have consitently achieved monthly quotas throughout each of these roles resulting in monthly bonuses where available and promotions at each company.

    I feel the need to earn more for my family and myself. I am definitely hungry... I understand the aspect of living within ones means, but I am at a point where I want to redefine my personal 'means'. I also understand that a sales role requires quite a bit of discipline and dedication...

    I recieved encourgement from a few close friends to start looking into the auto industry, specifically the service department, possibly the sales floor.

    My question, given my background, what are some other industries with high earning potential for high level work ethic/performance where I might be able to break into?

    TL;DR

    Customer service and sales at a bank...home mortgage collections...enrollment advisor at a graduate university. All over the phones, succesful at each role. Where to now for high earning potential?

    submitted by /u/Trollohgeeezus
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    First meeting with prospect and new business advice

    Posted: 07 Dec 2018 04:28 PM PST

    I am in the position where I have been introduced to a prospective client by a mutual connection. The prospective client has come back that their interested knowing more information about my product and would like a meeting.

    With no sales background this is my entry into the business path, yet to get my first client.The meeting to take place will be first ever with a prospective client so I am new to this.

    This is a saas product at MVP stage. Being a one man business apart from a basic web site I have not done any marketing material or pricing models.

    Being this is my first experience with business I need the advice what to do.

    submitted by /u/voxpax
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    So that was quick.. 8 months and gone medical device update

    Posted: 07 Dec 2018 06:07 PM PST

    So medical device kicked my butt

    Got fired today, numbers weren't good. Started in April at 56000 monthly revenue and 32% to goal 118000 monthly revenue in October 69% to goal

    100% increase in revenue in 7 months .. Not good enough.

    Got fired for a $40 gas receipt in my expense report that I submitted. I filled up on a Friday and then on Sunday evening and was told that as I used most of the gas over the weekend I could not expense it and it was against company policy.

    Oh well, personally I think it was just BS to get rid of me

    Any tips from anyone out there on what to do now etc

    Thanks in advance my Reddit friends

    submitted by /u/Dodofisher
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    Looking for a new opportunity (SF/Bay Area)

    Posted: 07 Dec 2018 02:41 PM PST

    I have been reading this board for a long time but this is my first post. A couple of months ago I relocated to the Bay Area for an enterprise sales role but ultimately ended up parting ways with the company. I have been applying for other sales roles but wanted to reach out to this community and see if anyone had or knew of any openings.

    I have 10 years of sales experience (wireless, IoT, and SaaS), 6 of those being in the enterprise space. I would love to find something in the IoT space but this area is heavily dominated by software (which is fine). Normally I would lean on my network for referrals but being new to the area my network locally isn't as strong as it could be. I welcome any advice, insight, or leads.

    submitted by /u/BourbonGolf
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    ADP Human Resource Outsourcing

    Posted: 07 Dec 2018 02:41 PM PST

    Good afternoon r/ sales,

    Does anyone currently work for or have experience with ADP's HRO division?

    Currently interviewing and it would be a bit of a decrease in base salary ($5k) starting but an increase on OTE.

    I'm also told the base increases as you hit sales break points.

    Anyone with positive or negative experiences?

    submitted by /u/AnotherSalesman
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    How best to reach out to enterprise level IT departments

    Posted: 07 Dec 2018 10:47 PM PST

    Pretty much above.

    Just started as an outbound SDR for a late stage startup. Outbound SDR team is focused on LE accounts (>1,000 employees). We have a product that is great for mid market (client side deduped cloud storage with zero hardware, below 200tb of data(or more if they have a large amount of ROBOs) and a good enterprise product (end point data backup (laptops, phones, everything) with client side dedupe and legal hold, data compliance + persistent backups).

    It's a good product, I'm only a week in, but I want to know how to break into and contact the LE IT people I need to speak to. I've done SMB outbound sales before, and I've done enterprise account management before, but I want to know how best to synthesize these 2 experiences into an effective outbound LE contacting strategy.

    Pretty much, any tips?

    submitted by /u/Wheream_I
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    Newcomer in Sales. Scared of failure and other colleagues hearing my calls

    Posted: 07 Dec 2018 08:06 PM PST

    So Im at a new company that is a SaaS type job for me in the used car dealership industry. I'm a junior account executive, meaning I'm training essentially, learning the ins and outs of the system so that i have better product knowledge to pitch to customers. Never been in sales before, and had my first call today. Well, I guess you could say that, it was a practice call between me and another new hire colleague where i can connect to the person's computer to help with their problem. Well it was very nervewracking and everyone around me in the office said I had a very projecting voice (And i thought i was talkin normal). I ended up getting in my head, and although i answered every question the dealer had (my colleague), I was VERY uncomfortable. I mean i was practically blushing.

    I'm a very businessy guy, but man did that first call get to me. I really like the people here and the potential is INSANE. a girl here, 24, whos only worked here for 1 year is making 170k a year...my manager has said that shes an 'outlier' and that the average person makes 95-100k a year... still not bad for my first job IMO..

    Is this normal? It feels weird having everyone listen in on my convo bc its a relatively quiet office. Maybe im trippin?

    submitted by /u/Usctrojan603
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    Was my hourly raise insulting or am I looking a gift horse in the mouth?

    Posted: 07 Dec 2018 05:50 PM PST

    So I've been working at my wireless sales job for 2 years this coming January. I started off making $10, but then got a raise to $13 an hour last year but so did everyone else (it was a universal raise to match cost of living here in Nashville).

    I got noticed from the higher ups that all 1 year + tenured associates will be getting a raise and a title change in December. Not really a promotion as it doesn't come with extra responsibilities.

    I just got an email saying I got a $0.50 hourly raise (so I now make $13.50 instead of $13). I only make $0.50 more an hour than the new guys despite me being a quazi team-lead. (I answer the tough questions my team mates have as I've seen it all). I also got a title change from "Wireless Specialist" to "Sr. Wireless Specialist". Which that just means I've been here a while.

    I am the longest staying associate within the company (aside from the ones who've been here and moved up to upper management). I also still make my commision and bonuses which are good and bring me up to about $14-16 an hour on average depending on how I perform.

    Is a 50cent raise an insult for someone who's been here almost 2 years?

    submitted by /u/JoshTheWebDev
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    High-ticket sales role-playing

    Posted: 07 Dec 2018 02:29 PM PST

    anyone looking to role play for high-ticket sales?

    join us here https://discord.gg/uSrqTVZ

    submitted by /u/ResidentSmile
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