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    Why Advertise?
    A lot of businesses advertise, but I often wonder if some of them know why they are doing it. Take the time to look around this week, as you do your grocery shopping, run the kids to hockey practice, and whatever else you do. Who is advertising in your area, and how? If you really pay attention, you’ll see some advertising done so badly it may as well not even be there at all. If you had to look to find it, or force yourself to read it, it’s probably ineffective.Here are the top 3 reasons to advertise • Awareness • Differentiation • ImageAwareness is pro
    terview, managers were generally wrong in 50% of cases. Even so, despite the guidance to avoid ‘gut-feeling’ on interviews, I found that ‘gut-feeling’ proved more intuitive at pre-guessing success than any inventory.

    4. The greatest problem with personality inventories is that the candidate completes them themselves. I recall a quote from John Hillier (Chair of NCVQ) who said – ‘I can convince myself that I am in control of my weight provided I do not go anywhere near the scales’. The tendency to either lie or exaggerate is strong in salespeople wishing to make their biggest sale – employment. Most inventories contain a few questions, which they say are ‘lie detectors’. Once again, I found that many salespeople know which these questions are and therefore learn to avoid making exaggerated claims about their ability in the questionnaire, only to save that e

    Business Angles and Sportsbetting
    Sports betting, like any investment, carries risks and rewards. The parallels between betting on sports and playing the stock market are many. In fact, I would argue that they are exactly the same for all intents and purposes.Placing a bet on a team and hoping for a win is no different than buying a particular stock and hoping for a rise in price. There are few differences between sportsbooks and brokerage firms. Both are middlemen who charge you a fee for their services. Both the sports bettor and the stock player are after a return on their investment (profit).If a pers
    When I researched the field of using personality inventories to determine future sales success potential, I found the following flaws in their application and interpretation:

    1. Personality researchers assume that people are predisposed to sales and that there exists an ‘ideal’ sales personality. From experience alone you will know people of widely different personalities in sales who are both successful and unsuccessful. Indeed many unsuccessful salespeople join other companies and become successful, whilst successful salespeople leave to further their careers elsewhere only to subsequently become unsuccessful.

    In many of the sales forces I examined I continually came across inconsistencies in personality amongst the top 20% of performers. In particular, most of the personality profiles would lead you to believe that successful salespeople are confident and goal orientated. My own findings showed that top salespeople are generally less confident internally and certainly more insecure that their lower performing colleagues. This is borne out by top performers in other fields. Insecurity appears to come with the territory of high performance. Perhaps it’s the uncertainty of not knowing how long this high performance level can last? Yet, when I attempted to apply this factor into a personality inventory I found the same low correlations as exist in all other inventories.

    In addition my own research clearly established that each company has its own ‘personality’. In some cases, getting on with the boss’s assistant and his/her favoured henchmen is a greater contributory factor to longevity of employment than a supposed sales personality. This leads me to the next point.

    2. Hardly any company buying personality inventories conducts sufficient internal research in order to validate the instrument they are using. When I conducted my own research I applied an instrument to a) all existing salespeople in the company b) all applicants, and c) all new joiners, over a 24-month period. I also attempted to keep in touch with applicants who were unsuccessful in their application.

    I drew up a profile of unsuccessful and successful internal salespeople and divided these between new starters and existing staff. I examined the profiles of applicants who were offered a job and those that were rejected. I monitored the sales results of all salespeople against these profiles over a two-year period. Lastly I compared these results with demographic data to look for significant correlations. After two years the profiles of successful and unsuccessful salespeople were close enough to be identical. I also examined in detail all of the inventories on the market and found the same low correlations.

    One of the biggest problems is that companies have no way of knowing whether those they have rejected would have been successful or not

    3. All purveyors of personality inventories warn against using the results in isolation, stressing that they must be seen as part of a total process. In all cases where personality inventories were being used as part of a selection process I observed a disproportionate credence being placed on the results of the inventory. Sales managers have a tendency to believe in instruments which are seen to be academically accredited, and which absolve them from making incorrect selection decisions. It should be said however, that in processes where the only mechanism for deciding future potential is an interview, managers were generally wrong in 50% of cases. Even so, despite the guidance to avoid ‘gut-feeling’ on interviews, I found that ‘gut-feeling’ proved more intuitive at pre-guessing success than any inventory.

    4. The greatest problem with personality inventories is that the candidate completes them themselves. I recall a quote from John Hillier (Chair of NCVQ) who said – ‘I can convince myself that I am in control of my weight provided I do not go anywhere near the scales’. The tendency to either lie or exaggerate is strong in salespeople wishing to make their biggest sale – employment. Most inventories contain a few questions, which they say are ‘lie detectors’. Once again, I found that many salespeople know which these questions are and therefore learn to avoid making exaggerated claims about their ability in the questionnaire, only to save that e

    How To Bond With Customers So That They Stay With You Longer
    How many of your customers are loyal customers? More importantly do you know why they are loyal customers?Customer loyalty has been a buzz term in marketing for some time and with good reason. Estimates suggest it can cost 5 times as much to get a new customer as it does to keep an existing one.Think about your business as having a bucket of customers. The customers you lose leak out a hole in the bottom of the bucket. Understanding how big the hole is for your business is the crucial first step to improving your customer loyalty. The second step is understanding why some
    dent and goal orientated. My own findings showed that top salespeople are generally less confident internally and certainly more insecure that their lower performing colleagues. This is borne out by top performers in other fields. Insecurity appears to come with the territory of high performance. Perhaps it’s the uncertainty of not knowing how long this high performance level can last? Yet, when I attempted to apply this factor into a personality inventory I found the same low correlations as exist in all other inventories.

    In addition my own research clearly established that each company has its own ‘personality’. In some cases, getting on with the boss’s assistant and his/her favoured henchmen is a greater contributory factor to longevity of employment than a supposed sales personality. This leads me to the next point.

    2. Hardly any company buying personality inventories conducts sufficient internal research in order to validate the instrument they are using. When I conducted my own research I applied an instrument to a) all existing salespeople in the company b) all applicants, and c) all new joiners, over a 24-month period. I also attempted to keep in touch with applicants who were unsuccessful in their application.

    I drew up a profile of unsuccessful and successful internal salespeople and divided these between new starters and existing staff. I examined the profiles of applicants who were offered a job and those that were rejected. I monitored the sales results of all salespeople against these profiles over a two-year period. Lastly I compared these results with demographic data to look for significant correlations. After two years the profiles of successful and unsuccessful salespeople were close enough to be identical. I also examined in detail all of the inventories on the market and found the same low correlations.

    One of the biggest problems is that companies have no way of knowing whether those they have rejected would have been successful or not

    3. All purveyors of personality inventories warn against using the results in isolation, stressing that they must be seen as part of a total process. In all cases where personality inventories were being used as part of a selection process I observed a disproportionate credence being placed on the results of the inventory. Sales managers have a tendency to believe in instruments which are seen to be academically accredited, and which absolve them from making incorrect selection decisions. It should be said however, that in processes where the only mechanism for deciding future potential is an interview, managers were generally wrong in 50% of cases. Even so, despite the guidance to avoid ‘gut-feeling’ on interviews, I found that ‘gut-feeling’ proved more intuitive at pre-guessing success than any inventory.

    4. The greatest problem with personality inventories is that the candidate completes them themselves. I recall a quote from John Hillier (Chair of NCVQ) who said – ‘I can convince myself that I am in control of my weight provided I do not go anywhere near the scales’. The tendency to either lie or exaggerate is strong in salespeople wishing to make their biggest sale – employment. Most inventories contain a few questions, which they say are ‘lie detectors’. Once again, I found that many salespeople know which these questions are and therefore learn to avoid making exaggerated claims about their ability in the questionnaire, only to save that e

    Training: Using Games to Embed Learning
    Too much training is boring. Too much training barely raises itself above level one in Kirkpatrick's four levels of training evaluation. That is, the reaction of students; what they thought and felt about the training. Too much training ignores the learning needs of the participants. Too much corporate training spending is wasted.Adults have some simple requirements as learners. They have an expectation of being treated as an adult with respect shown for their experience and knowledge of the training topic. Even if they cannot describe what they know in the theoretical terms they
    ersonality inventories conducts sufficient internal research in order to validate the instrument they are using. When I conducted my own research I applied an instrument to a) all existing salespeople in the company b) all applicants, and c) all new joiners, over a 24-month period. I also attempted to keep in touch with applicants who were unsuccessful in their application.

    I drew up a profile of unsuccessful and successful internal salespeople and divided these between new starters and existing staff. I examined the profiles of applicants who were offered a job and those that were rejected. I monitored the sales results of all salespeople against these profiles over a two-year period. Lastly I compared these results with demographic data to look for significant correlations. After two years the profiles of successful and unsuccessful salespeople were close enough to be identical. I also examined in detail all of the inventories on the market and found the same low correlations.

    One of the biggest problems is that companies have no way of knowing whether those they have rejected would have been successful or not

    3. All purveyors of personality inventories warn against using the results in isolation, stressing that they must be seen as part of a total process. In all cases where personality inventories were being used as part of a selection process I observed a disproportionate credence being placed on the results of the inventory. Sales managers have a tendency to believe in instruments which are seen to be academically accredited, and which absolve them from making incorrect selection decisions. It should be said however, that in processes where the only mechanism for deciding future potential is an interview, managers were generally wrong in 50% of cases. Even so, despite the guidance to avoid ‘gut-feeling’ on interviews, I found that ‘gut-feeling’ proved more intuitive at pre-guessing success than any inventory.

    4. The greatest problem with personality inventories is that the candidate completes them themselves. I recall a quote from John Hillier (Chair of NCVQ) who said – ‘I can convince myself that I am in control of my weight provided I do not go anywhere near the scales’. The tendency to either lie or exaggerate is strong in salespeople wishing to make their biggest sale – employment. Most inventories contain a few questions, which they say are ‘lie detectors’. Once again, I found that many salespeople know which these questions are and therefore learn to avoid making exaggerated claims about their ability in the questionnaire, only to save that e

    Payroll Outsourcing Companies
    Payroll outsourcing companies deal with outsourcing of payroll activities. They do the actual work of tallying hours and creating the paychecks for all the employees of a client. Payroll means a sequence of accounting transactions dealing with the process of paying employees for service provided, holding money from employees for payment of payroll taxes, insurance premiums, employee benefits, garnishments and other deductions. The payroll outsourcing companies provide the processing of non-core activities of a company. Payroll outsourcing companies usually have a group of experts, who c
    enough to be identical. I also examined in detail all of the inventories on the market and found the same low correlations.

    One of the biggest problems is that companies have no way of knowing whether those they have rejected would have been successful or not

    3. All purveyors of personality inventories warn against using the results in isolation, stressing that they must be seen as part of a total process. In all cases where personality inventories were being used as part of a selection process I observed a disproportionate credence being placed on the results of the inventory. Sales managers have a tendency to believe in instruments which are seen to be academically accredited, and which absolve them from making incorrect selection decisions. It should be said however, that in processes where the only mechanism for deciding future potential is an interview, managers were generally wrong in 50% of cases. Even so, despite the guidance to avoid ‘gut-feeling’ on interviews, I found that ‘gut-feeling’ proved more intuitive at pre-guessing success than any inventory.

    4. The greatest problem with personality inventories is that the candidate completes them themselves. I recall a quote from John Hillier (Chair of NCVQ) who said – ‘I can convince myself that I am in control of my weight provided I do not go anywhere near the scales’. The tendency to either lie or exaggerate is strong in salespeople wishing to make their biggest sale – employment. Most inventories contain a few questions, which they say are ‘lie detectors’. Once again, I found that many salespeople know which these questions are and therefore learn to avoid making exaggerated claims about their ability in the questionnaire, only to save that e

    How to Write Great Product Demonstrations or Training Scripts
    People won’t buy your products or services if they can’t figure out how to use them. Therefore, it is imperative that you find ways to help your customers understand how to get the most of your products or services. Depending on your product or service, two valuable tools for promotions and sales are product demonstrations and training sessions.Think of how many Ginsu knives, cookware sets, and mops have been sold, just because the audience members saw how to use the products. The reason why home shopping networks are so successful is because the hosts demonstrate the products an
    terview, managers were generally wrong in 50% of cases. Even so, despite the guidance to avoid ‘gut-feeling’ on interviews, I found that ‘gut-feeling’ proved more intuitive at pre-guessing success than any inventory.

    4. The greatest problem with personality inventories is that the candidate completes them themselves. I recall a quote from John Hillier (Chair of NCVQ) who said – ‘I can convince myself that I am in control of my weight provided I do not go anywhere near the scales’. The tendency to either lie or exaggerate is strong in salespeople wishing to make their biggest sale – employment. Most inventories contain a few questions, which they say are ‘lie detectors’. Once again, I found that many salespeople know which these questions are and therefore learn to avoid making exaggerated claims about their ability in the questionnaire, only to save that exaggeration for the interview. Many managers when interviewing, lack the skills to explore these exaggerated claims.

    5. A question - if these inventories work, why have they not reduced labour turnover and failure, and increased success? They haven’t.

    6. An observation – some of the best salespeople I have ever met are those selling personality inventories!

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