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Managing Partners’ Forum – Highlights from the Advisory Board Meeting September 2023

Red Star Kim

The Managing Partners’ Forum (mpfglobal.com) holds quarterly meetings of its Advisory Board where senior leaders discuss issues pertinent to the professional services sector. Professional services are key contributors to processes which are often classified as the outputs of other sectors, for example manufacturing and construction.

Meetings 130
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Email Open Rates By Industry: See How You Stack Up

Hubspot Sales

For every 100 emails, you get 10 booked meetings. Of those meetings, you typically close three deals. If you booked 15 meetings instead, you could close four or five additional deals. Arts & Entertainment, Construction, Human Resources, Legal & Government, and Real Estate have the highest open rates. Finance: 40%.

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4 Opportunities in The $884B Home Improvement Business

Hubspot Sales

Renovation Finance Let’s be honest, home renovations can be a money sink. You’ve also got weeks of homework to do on construction crews, contractors, materials, and pricing. Just promise you’ll vet your construction crew, okay? AI Meets Interior Design Who’s gonna build the Canva of interior design?

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Selling in a downturn – Are your teams being trained with the proper tools for the job?

Mercuri International

It’s no surprise that sales strategies are having to pivot to meet the changing demands and context of the current market. Mercuri’s survey looked at a broad range of industries, from finance to pharma, construction to consumer goods, speaking to executives from C-level, sales, HR, and training. Key findings.

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How to Start a Business: A Complete Guide for Startup Entrepreneurs

Hubspot Sales

In order to build a successful company, you’ll need to create and fine-tune a business plan, assess your finances, complete all the legal paperwork, pick your partners, choose the best tools and systems to help you get your marketing and sales off the ground … and a whole lot more. Pros: They make seeking venture financing easy.

Finance 145
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Inside vs. Outside Sales: Redefining the Sales Structure

Xant

The Death of the Conference Room Meeting. Some constructs of field selling are canonical, like conference room meetings and stakeholder meetings. Before COVID-19, the conference meeting was earned once or twice over a 6-9 months sales cycle, but post-COVID, it’s earned zero times because conference rooms aren’t an option.

Sales 99
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The Sales Leader's Guide to Performance Management

Hubspot Sales

For example, if a sales rep earns a 15% commission for each deal they close, and are projected to close $100,000 in sales for the quarter, then your finance team will anticipate an allocation of $15,000 in commission payroll for that rep. Did your employee meet expectations? 3 — Meets expectations. 2 — Needs improvement.