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    Saturday, December 5, 2020

    My quota is increasing 80% based on my success this year. What should I expect for increases to my TC? Sales and Selling

    My quota is increasing 80% based on my success this year. What should I expect for increases to my TC? Sales and Selling


    My quota is increasing 80% based on my success this year. What should I expect for increases to my TC?

    Posted: 05 Dec 2020 06:44 AM PST

    It looks like I will close out this year as the top sales rep in a SaaS startup. We just closed a very successful eight figure Series A and will increase our headcount by 100% next year. My sales accounted for more than 75% of our revenue this year and I was responsible for establishing a completely new vertical for us.

    If management is going to increase my quota so dramatically, what is a reasonable expectation for a raise/commission/bonus/stock/etc?

    Looking for advice as I am new to enterprise SaaS sales and don't have an established network of peers yet.

    submitted by /u/gazpachopicante
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    Why is Dan "Fake it till you make it" Lok still popular?

    Posted: 05 Dec 2020 07:36 AM PST

    He still has his millions of subscribers millions of views and 90% approval rating. Why are are people still falling for this fraud?

    submitted by /u/Arra_y
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    Questions about the SPIN and Challenger method for people who like them

    Posted: 04 Dec 2020 09:10 PM PST

    Hi there,

    Starting a new tech sales job so I read both SPIN and Challenger and it's left me with a few questions. I may have misinterpreted their ideologies, and it would be great to get some clarification from this community who use these methods practically in the field.

    1) SPIN places a heavy emphasis on the discovery process where Challenger says not to do discovery, and rather, inform customers about their business that they aren't aware of. Both books claim their method works best. What have you seen work?

    2) In the absence of compelling insights that Challenger advocates for, should one use less compelling insights or SPIN discovery?

    3) Looks like Challenger comes from a place of positioning your solutions' strengths as the fix to those insights, but how do you find out/ convey to your customer if you truly do something unique?

    This was a big problem in my last company. On the surface, other companies simply said they do what we do to get business and our competitive analysis always fell short because there didn't seem like there was a way to actually find what other solutions did because of their secrecy.

    I understand that these might not actually have a clear answer but I was hoping for something clearer than "do what works better" or "take a little of both".

    Thanks in advance!

    J

    TL;DR - SPIN and Challenger seem to have conflicting ideologies. What gives?

    submitted by /u/jwelihin
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    What motivates you besides money?

    Posted: 05 Dec 2020 08:09 AM PST

    I've recently started my sales career as a BDR for a multinational PaaS company in Europe - and it feels like I couldn't have chosen a better year to start in sales /s. The year was an absolute rollercoaster but overall, I managed to hit monthly quota about 70% of the time.

    Not long ago, I've had a few recruiters approaching me with offers for a position as an AM/AE in the relevant industry - and that was my intention all along. However, I'm struggling with the feeling whether sales is really what I am looking for.

    The interviews usually progress very favorable for me up until the point where recruiters emphasize on the importance of "hunger for money" for the position. And to be frank, it's currently not a priority for me. So far, my ambition to hit quota is purely just out of a competitive perspective. No matter how I try to see it, money simply doesn't motivate me and I'm starting to wonder if this attitude might conflict with the expectations for future roles.

    Maybe I'm not seeing it through, but any of you had similar experience he/she would like to share? How did you deal with it? What motivates you?

    TL;DR: I'm struggling to see money as a motivator and wonder whether sales might the wrong field for me.

    submitted by /u/Excellencyqq
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    Anyone move to pure Sales from Sales Engineering?

    Posted: 05 Dec 2020 10:00 AM PST

    I'm a Sales Engineer at a SaaS company in San Francisco. I work in our highest tier market (Enterprise) and I'm aligned to two of the very top performing reps.

    I want to stay in this role for a couple of years because I'm still learning so much. I'm making great money for my age (projected to do 200-300k on a 160 OTE) and exposed to a ton of people who are significantly smarter than I am.

    However, my fear with Sales Engineering is that I might wake up in 10 years and realize I stunned my overall career progression by not attempting to go into a full on closing role and that I'll too old to transition.

    Have any of you either successfully moved into or know someone that has successfully moved into a full Account Executive role from Sales Engineering? If so, mind sharing some attributes of success or guidance?

    I think a lot of SEs try to move into pure sales, solely to fail quickly because they don't realize how hard it is. I recognize that a full on closing role would most likely be more difficult than what I currently do and comes with way more risk.

    I basically have a few years to study some of the best account executives I've ever worked with, and I'm curious how I can potentially leverage it to move into a full sales role myself.

    Or is simply staying in Sales Engineering the best path?

    Tl;dr: is staying in sales engineering as a career a poor choice? What are key skills and attributes you've seen of SEs that have successfully moved into a full closing role?

    submitted by /u/confusedSeniorr
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    How do I sell myself in my CV when my current boss isn’t giving me targets to hit?

    Posted: 05 Dec 2020 11:37 AM PST

    Currently working in inside sales and want to update my cv.

    My manager hasn't given me a target to achieve so I have no KPI's or targets... I give myself a target to hit at least 15-20k per week for inside sales. And have been hitting my own self given target but how do I put that into a percentage to wow the hiring manager who will read my CV?

    submitted by /u/Youareaschmetterling
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    Did I mess up this sales interview question?

    Posted: 05 Dec 2020 09:18 AM PST

    "What unique strengths would you bring to our team?"

    When she said unique I really took it to heart so I mentioned when I'm in teams I tend to think outside of the box and am really observant.

    She wasn't impressed by the answer which confused me so I asked. Turns out she said she was looking for someone who is good at relationship building and competitive (the typical answer).

    I assumed she already knew I had those strengths since this was the 3rd interview of the process and we had gotten along well and my resume is filled with sales roles and accomplishments. We also talked about me thriving in competitive environments earlier in the interview so I did not feel a need to mention it.

    Does this sound like a dealbreaker to you guys?

    submitted by /u/GymSharkPornstar
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    Small talk for reps? I have trouble with getting much conversation going.

    Posted: 04 Dec 2020 11:33 PM PST

    I work in pharm sales and I always have trouble engaging in small talk when I stop by the clinic to say hello. Meetings are a different story because I'm there with a pitch, and trying to sell a product but when I got in to follow up and meet them after a virtual meeting or coming to check in and see how things are going i have no idea what to say.

    Its super hard for me to relate and think or something to talk about with middle aged women who don't share any of similar interests that I have. I've never felt this way and have always been told i talk too much and can talk to anyone but it's difficult for me.

    It may be because I feel the nurses being a bit defensive, annoyed that I'm there, and majority of them I've met just can't carry a conversation they meet in silence and just don't say much.

    So I'm wondering what's something that you use to small talk or how do I do some small talk?

    Is asking them where they're from? If they have a family or are married? I mean I seriously have trouble with meeting some of them because it's like pulling teeth t🦷 get them to speak and I feel like I'm unwanted

    submitted by /u/salatkronung
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    Sales and success related question

    Posted: 05 Dec 2020 03:06 AM PST

    Hi guys. Recently I was thinking about why so many entrepreneurs statistically fail in their first 5 years. I want to figure out what are the reasons for that. There are so many books and information about entrepreneurship and still, that is the case. I would love to hear your thoughts on, what are the biggest struggles entrepreneurs face that prevent them from achieving success?

    submitted by /u/DomantasDreivnskas
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    Coaching BDR with poor grammar

    Posted: 04 Dec 2020 07:01 PM PST

    I have a BDR whose first language is not English so she struggles with grammar at times in her emails. Have you had solid reps who've struggled with grammar and how did you coach them through it?

    Expensing Grammarly isn't an option in this case.

    submitted by /u/thriceday
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    How do you guys build rapport on a discovery call?

    Posted: 04 Dec 2020 08:56 PM PST

    "Ahhh it looks sunny there today in Boston!"

    haha I have no clue?

    submitted by /u/hatfield1992
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    Looking for E-Mail Prospecting Advice

    Posted: 04 Dec 2020 05:21 PM PST

    Looking for tweaking to a prospecting email. Any help is appreciated, feel free to roast me. These people will also be receiving a call post email. I work for a Telco company specifically am targeting businesses and struggling to stay afloat in my sales career at the moment.

    Hi ____,

    "A ____ study found the average company employee wastes approximately a week's worth of time each year due to slow computer networks, with slow upload and download speeds one of the main contributing factors."

    I'm ______ from _____, I'm reaching out to see if I can help your business in any way during this holiday season. Please give me a call/email back if you want:

    · Faster internet speed · To save money in the upcoming year to re-invest into your business · A quote to compare with your current bill

    Please reach back out to me ASAP as our holiday pricing will only last December. I would love to form a quote to show you exactly how we can save your business money immediately.

    Thank you

    submitted by /u/ffstar19
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    Should I Work in supply chain or sale?

    Posted: 04 Dec 2020 08:57 PM PST

    Hi, I am a senior in high school and decided that I would get a degree in business management specializing in supply chain. I was thinking of getting the degree as a safety net while I try out sale. But recently feeling like I should just jump straight into supply chain. Supply chain jobs seem like medium pay medium stress while sales is high pay high stress.

    submitted by /u/accer433
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    Best one time software for bulk sending a sales emails?

    Posted: 04 Dec 2020 07:57 PM PST

    I'll be reaching out to around ~150 companies that operate in a similar space so a one size fits all email should work well enough. Rather than send one by one in gmail, I'd love to use a software that can send out & track opens, clicks, etc

    Any recommendations?

    Sort of like Klaviyo but without the 'unsubscribe' button & more sales oriented

    submitted by /u/spetri3658
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    The Secret Of Selling Anything ��

    Posted: 05 Dec 2020 05:02 AM PST

    WANT TO KNOW THE SECRET TO SELL ANYTHING TO ANYONE? Okey here is it,

    You can't. Trying to sell anything to anyone results in selling nothing to no one.

    Are you trying to sell your product/service to everyone? If you don't know who is your bad fit for your business than you won't know who is a good one.

    Sales is about selling a specific product/service to a specific target audience.

    👉 Do This 1. Create an ideal client profile and get specific with it. 2. If a prospect doesn't meet your ideal profile then part away. 3. If you can't disqualify prospects you won't be able to qualify them either.

    submitted by /u/mohankol98
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