Remove 2015 Remove Productivity Remove Sales
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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 50
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Research: When Retail Workers Have Stable Schedules, Sales and Productivity Go Up

Harvard Business

Increasing staffing, they found, could increase sales and profits. Once the full experiment was launched in November 2015, 28 stores in the San Francisco Bay Area and Chicago were randomly assigned to control and intervention groups. More-stable scheduling increased sales and labor productivity. The results were striking.

Retail 28
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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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How Gatorade Invented New Products by Revisiting Old Ones

Harvard Business

The idea of creating a fresh new product, the prospect of increasing market share with brand new offerings, or the vision of disrupting some slow-moving incumbent with a radical new technology – these have an inherently strong appeal for companies keen for growth. What’s more, legacy products seem to be at a natural disadvantage.

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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.

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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.