Episode 6 - Carole Mahoney on the Role of Sales Managers and Buyer First Selling

2024-04-17

From Single Mom and Struggling Waitress to Sales Trainer & Author - Carole Mahoney on Industrial Growth Institute Episode 6 Summary In this episode, Ed Marsh interviews Carol Mahoney, a sales trainer and coach, about her journey through personal and business frustrations, the critical role of B2B Sales Managers, and the importance of mindset in sales success. Carol shares her personal background growing up in a family of entrepreneurs and her initial belief that marketing would eliminate the need for sales. However, after facing challenges in her own business, she realized the importance of sales and the need to ...

From Single Mom and Struggling Waitress to Sales Trainer & Author - Carole Mahoney on Industrial Growth Institute Episode 6

Summary

In this episode, Ed Marsh interviews Carol Mahoney, a sales trainer and coach, about her journey through personal and business frustrations, the critical role of B2B Sales Managers, and the importance of mindset in sales success.

Carol shares her personal background growing up in a family of entrepreneurs and her initial belief that marketing would eliminate the need for sales. However, after facing challenges in her own business, she realized the importance of sales and the need to change her mindset.

Carol digs deep into evolving B2B Sales:

emphasizing the need to challenge buyers' thinking and build trust by asking tough questions
coexistence of sales and marketing and the importance of aligning the sales process with the buyer's journey
the launch of her book and the buzz surrounding it
importance of relevance to different audiences
need for salespeople to understand the current state of sales and the importance of collaborative selling
impact of technology on the buyer experience and how it can be used to enhance or hinder the sales process
insights on selling to buying teams and managing change
importance of sales managers in driving behavioral change and supporting their teams
role of coaching and role-playing in sales training and the ideal span of control for sales managers
involvement in sales communities and her mission to increase the representation of women in sales
origin of her company, Unbound Growth
final advice for sales professionals.

Takeaways

The transition from marketing to sales requires a mindset shift and a willingness to challenge buyers' thinking.
Self-limiting beliefs, such as the need for approval, can hinder sales success. It is important to replace these beliefs with positive and empowering ones.
Sales and marketing should collaborate and align their efforts to effectively engage buyers throughout the buying journey.
Key performance indicators (KPIs) for industrial companies include click-through rates, sales-qualified leads, velocity in the sales pipeline, average order rates, and involvement of key stakeholders in deals.
Sales enablement content should address buyers' concerns and objections to lower the likelihood of no decision due to fear of making the wrong decision. Sales managers play a crucial role in driving behavioral change and supporting their teams.
Coaching and role-playing are essential for effective sales training.
Sales communities provide valuable opportunities for collaboration and learning.
Increasing the representation of women in sales can lead to diverse perspectives and improved outcomes.
Continuous learning and personal development are key to success in sales.

Check out Carole's website - https://www.unboundgrowth.com/

LinkedIn: Carole Mahoney & Ed Marsh

Twitter: Carole Mahoney & Ed Marsh

Instagram: Carole Mahoney & Ed Marsh

YouTube: Carole Mahoney & Ed Marsh

Show Transcript

Learn about Overall Revenue Effectiveness™ Framework for Industrial Manufacturing Revenue Growth

#InboundMarketingAgency #ManufacturingMarketing #IndustrialMarketing #B2BSales #RickRoberge #CaroleMahoney #UnboundGrowth #SalesCoaching #SalesRolePlaying

Chapters

00:00 Introduction and Background

01:08 Early Entrepreneurial Spirit

03:21 Impact of the 2007 Financial Crisis

04:30 Struggles with Sales Training

05:23 Challenges with Closing Deals

06:25 The Need for Mindset Change

07:11 Replacing Self-Limiting Beliefs

08:07 The Importance of Mindset in Sales

09:45 The Need for Tough Questions

10:37 The Impact of Negative Sales Mindsets

11:58 The Influence of Leadership Mindsets