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Replacing the Sales Funnel with the Sales Flywheel

Harvard Business

I’ve been using the sales funnel for 28 years, my whole career. When I started my career, the most profitable application of force was in sales. Back in the 1990s, sales reps had a lot of information, while customers had relatively little. Sales reps leveraged that information gap to create a lot of trust.

Sales 49
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Two Priorities to Build Up Russia’s Auto Industry: Exports and Innovation

BCG

Manufacturers responded by building new plants to expand production. In 2015, the industry sold just 1.5 Today, as a limping economy continues to hold domestic buyers in check, the industry finds itself with far too much production capacity. million automobiles (cars and light trucks) sold in 2012.

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No Rebound in Manufacturing: "Surprisingly Weak" Industrial Production Numbers; How Long Can Auto Sales Hold Up?

MishTalk

Following the rebound in consumer spending (heavily weighted to subprime auto sales), economists expected a rebound in Industrial Production. All the main numbers in today's industrial production report are below low-end forecasts with the headline at minus 0.2 The production of consumer goods decreased 0.3 percent and 4.0

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Study: More Frequent Sales Quotas Help Volume but Hurt Profits

Harvard Business

While past quantitative research has investigated some of these issues, in our recent study we focused on an under-researched aspect of salesforce compensation: sales quotas. For the remainder of the stores, a daily quota (more temporally frequent) plan was implemented for the entire month of May 2015.

Sales 28
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BRICS Currency – How Will It Affect International Business?

Tom Spencer

For example, in 2015 the BRICS nations established the New Development Bank ( NDB ) to support infrastructure development in the BRICS nations and other emerging markets. For example, if a business considers offshoring production to China, it must consider how raw materials and other costs of production are likely to change.

System 88
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Industrial Production Numbers and Revisions Shockingly Bad; Autos Have Peaked

MishTalk

Not only was December industrial production an awful -0.4%, November was revised lower from -0.6% The Econoday Consensus Estimates for industrial production and manufacturing were -0.2% December was not a good month for the industrial economy as industrial production fell a sharper-than-expected 0.4 respectively.

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Productivity Dives, Wages Rise; Inflation Theory vs. Practice; Technical Recession?

MishTalk

Today's BLS release on Productivity and Cos ts shows a back-to-back decline in productivity accompanied with rising wages. Productivity is up year-over year, but barely, at 0.6%. Nonfarm business sector labor productivity decreased at a 1.9 percent annual rate during the first quarter of 2015, the U.S.