Here's a little tip for you sales managers and sales reps who travel a lot. Many people are opting to mail their bags through Fedex. That's right. People are finding it to be a cheaper and easier alternative to checking bags at the airport.
Almost all airlines are now charging a fee for checking bags. That seems ridiculous to me. Anyways, it's getting even worse now that there are so many restrictions with carry on baggage due to recent security concerns. Fees for checking bags can really add up. That is why many people are starting to mail their bags via Fedex. They are finding that in many cases it's cheaper and easier. You don't have to lug your bags around the airport or wait in the long check in lines at the airline counters. You simply mail your bag to your destination hotel and it shows up when you get there. Mailing your luggage with Fedex is going to be a growing trend.
Thursday, January 14, 2010
Google versus China
Google is considering leaving the Chinese market siting the ongoing censoring by the government of online content and search results, recent hacking of gmail accounts of human rights activists and a cyber attack in which Google source code was stolen. Because they have in in China for the last four years, one can conclude that it's really not the censoring that has instigated this move, and even the hacking of gmail accounts is suspect.
What one has to conclude due to the timing of this event is that Google is afraid of the Chinese government stealing their source code. Code for a software company is their bread and butter, it's the commodity of their business. And if that is stolen and duplicated, their competitive advantage goes away. Google currently does not have a large market share in the Chinese market so they won't be losing out on much profits in the short term. Of course, they wanted a foothold into the country as it's a rapidly rising economic super power. You see more about this on CNN - Google and China.
What one has to conclude due to the timing of this event is that Google is afraid of the Chinese government stealing their source code. Code for a software company is their bread and butter, it's the commodity of their business. And if that is stolen and duplicated, their competitive advantage goes away. Google currently does not have a large market share in the Chinese market so they won't be losing out on much profits in the short term. Of course, they wanted a foothold into the country as it's a rapidly rising economic super power. You see more about this on CNN - Google and China.
Labels:
china google,
google china
Wednesday, January 13, 2010
Jobless Recovery is Not Sustainable Recovery
There is a term being thrown out there right now that seems to be an oxymoron, jobless recovery. There have been many positive signs in the economy recently. Retail numbers are up across the board. We had a pretty good holiday shopping season. All the consumer confidence reports seem to indicate that people are no longer hoarding and may be dispensing they cash a little more readily, showing us that people are confident about the future of their own economic state.In addition, there has been growth in the manufacturing sector indicating that companies feel confident that people will buy the stuff they make. All good signs that we might be seeing an economic recovery in motion. But the thing that can break this good momentum to economic health may be jobs.
It's a very simple equation that I don't get why people who throw around terms like 'jobless recovery' don't get. If people don't have a job, then they don't have money to spend. It seems to be a clear cut correlation to me unless I'm missing something, which I'm not. People are positive about growth and future earnings and that's why people are buying and producing, but the reality is, unless people have jobs to get them money, they will not spend it, and if they do as they are doing now, they will run out of it.
Labels:
jobless recovery,
jobs report
Monday, January 11, 2010
China's Economic Bubble
I just wrote an article in Hubpages regarding what I think is an economic bubble in China that's ready to burst. Chinese government officials just came out saying that their economy is going to grow 10.2% in 2010 and I don't know how that's a sustainable growth rate. In any case, there are many experts and analysts who believe that there is an over capitalization in real estate like we saw recently in Dubai.
On top of that, there is an influx of money into the Chinese economy through the recent $580 billion stimulus package from the government as well as an influx of monies from foreign investment. It's definitely an economic bubble ready to burst. I think with all the hype around doing business in China, foreign businessman underestimate what it's like to do business there and really don't know how to relate to the Chinese business place and the Chinese market. You can read about China's economic bubble on Hubpages.
On top of that, there is an influx of money into the Chinese economy through the recent $580 billion stimulus package from the government as well as an influx of monies from foreign investment. It's definitely an economic bubble ready to burst. I think with all the hype around doing business in China, foreign businessman underestimate what it's like to do business there and really don't know how to relate to the Chinese business place and the Chinese market. You can read about China's economic bubble on Hubpages.
Labels:
china's economy,
economic bubble
Sunday, January 10, 2010
Starting the Week
As you start the week ahead as a sales manager, remember that you are a leader and sales managing is all about leadership. How effective you are now depends on how effective your sales reps under you are. That means you have to work hard to invest in them so they can produce for you. As you start the week, take some time to think about the following things about good leaders.
Good leaders know how and who to recruit
Even the best leaders can't turn someone with no motivation or ambition into a success. Good leaders know how to spot those with potential and know how to filter out those who don't.
Good leaders cast vision
A good sales manager will always put the vision of success in front of their sales reps. They will constantly be telling them what hitting their goals will mean and what they will get out of it. They never lose sight of the prize, but don't let their sales reps lose sight of it either.
Good leaders celebrate every win
Good sales managers know how to celebrate every win. Whether it's as simple as ringing a bell when a sales rep schedules an appointment to breaking out the six packs when the sales team has hit their monthly goal, sales managers take every opportunity to celebrate the wins.
Good leaders know how and who to recruit
Even the best leaders can't turn someone with no motivation or ambition into a success. Good leaders know how to spot those with potential and know how to filter out those who don't.
Good leaders cast vision
A good sales manager will always put the vision of success in front of their sales reps. They will constantly be telling them what hitting their goals will mean and what they will get out of it. They never lose sight of the prize, but don't let their sales reps lose sight of it either.
Good leaders celebrate every win
Good sales managers know how to celebrate every win. Whether it's as simple as ringing a bell when a sales rep schedules an appointment to breaking out the six packs when the sales team has hit their monthly goal, sales managers take every opportunity to celebrate the wins.
Labels:
sales leadership
Saturday, January 9, 2010
Life Insurance Sales Jobs
Life insurances sales can be a good business to be in. It has low and easy barriers to entry, but only the fittest survive. What does that mean? That means a sales guy with little or no experience, education or training, with enough ambition and fortitude make a good living for himself in life insurance sales.
Again the barriers to entry is very low. All one has to do is take a week long class, take a state exam, and get a license. Life insurance sales jobs aren't hard to find either. Most start as commission only so the insurance agency or brokerage takes on very little risk hiring you. And they make out good if you turn out to be a good sales rep for them.
So what's in it for the entry-level life insurance agent to go with a commission only job at an agency? Simple, mentorship. Having a mentor who knows what it takes to be successful is an extremely undervalued asset, especially those who are willing to do the work. And they have a financial incentive for you to succeed which makes it even better.
Often times, life insurance is just how you start out. Most sales reps that stick with it end up taking on other insurance and financial products like business insurance, homeowner's insurance, annuities, and other retirement plans. Some become financial planners and stock brokers with additional training and licensing. For information on selling insurance policies as a great career track, go to How to Sell Insurance, and article I wrote a while back at Hubpages.
Again the barriers to entry is very low. All one has to do is take a week long class, take a state exam, and get a license. Life insurance sales jobs aren't hard to find either. Most start as commission only so the insurance agency or brokerage takes on very little risk hiring you. And they make out good if you turn out to be a good sales rep for them.
So what's in it for the entry-level life insurance agent to go with a commission only job at an agency? Simple, mentorship. Having a mentor who knows what it takes to be successful is an extremely undervalued asset, especially those who are willing to do the work. And they have a financial incentive for you to succeed which makes it even better.
Often times, life insurance is just how you start out. Most sales reps that stick with it end up taking on other insurance and financial products like business insurance, homeowner's insurance, annuities, and other retirement plans. Some become financial planners and stock brokers with additional training and licensing. For information on selling insurance policies as a great career track, go to How to Sell Insurance, and article I wrote a while back at Hubpages.
Friday, January 8, 2010
Jobs Report Good News For Some
Despite what forecasters were expecting the jobs report that came out today from the US Labor Department was less than ideal. Analysts had expected there to be positive jobs growth in December 2009 but 85,000 jobs were lost instead.
The hardest hit were jobs in manufacturing and construction. Manufacturing lost 27,000 jobs while construction lost about 53,000 positions. The service sector had little change.
There were some sectors however that made some gains. The professional and business services sector gained 50,000 jobs in December while the health services sector also added 35,000 jobs. So this is good news for those who are looking for sales managing jobs or sales rep jobs.
It is also good news for those you sell to the business services sector. If you're market is in any professional services, you should be happy. That means if you sell to accountants, bankers, administrative personnel, executives and other people who work in offices generally, will fare well in sales as jobs grow in these areas.
Of course, sales jobs continue to be in demand as the economic recession continues, but this jobs report will mean that there will be more demand for sales jobs in the future.
The hardest hit were jobs in manufacturing and construction. Manufacturing lost 27,000 jobs while construction lost about 53,000 positions. The service sector had little change.
There were some sectors however that made some gains. The professional and business services sector gained 50,000 jobs in December while the health services sector also added 35,000 jobs. So this is good news for those who are looking for sales managing jobs or sales rep jobs.
It is also good news for those you sell to the business services sector. If you're market is in any professional services, you should be happy. That means if you sell to accountants, bankers, administrative personnel, executives and other people who work in offices generally, will fare well in sales as jobs grow in these areas.
Of course, sales jobs continue to be in demand as the economic recession continues, but this jobs report will mean that there will be more demand for sales jobs in the future.
Labels:
insurance sales jobs,
jobs report,
sales management