Donal Daly

Donal Daly

The TAS Group
Donal is Founder and CEO of The TAS Group the creators of the Dealmaker intelligent sales software application. Donal also founded Software Development Tools - acquired by Wall Data (NASDAQ: WALL), NewWorld Commerce, The Customer Respect Group and Select Strategies. Donal is author of four books including the best selling Select Selling Sales Fieldbook. He can be found on his blog at www.dealmaker365.com or on Twitter @dealmaker365
  • 0 comments 1,092 reads
    Posted on 2012-01-14

    In my blog post My Social Media Experiment,  I bemoaned the fact that most of the focus in reporting on the Social Universe has been on B2C examples, and B2B use-cases are extremely rare. Also, it has been hard to know where B2B customers actually ‘hang-out’ in the Social Universe.

    Over the last 18 months or so I’ve been trying some B2B models. The core philosophy has been to shape thinking, cultivate customers and earn permission to engage. We now have the answer to Which B2B Social Network is the Most Valuable? (see below) and through our various activities we have also learned 4 key principles:

    1. The Social Universe is a great place to listen and learn

    2. You Should Give Value First and Expect Nothing in Return

    3. You Must Be Authentic, Be Prepared to Fail, and Don’t Give Up

    4. It is advisable to be Open, Collaborate, and Co-Create – Let Others Play in...

  • 0 comments 526 reads
    Posted on 2012-01-08

    In a previous post, I recounted the returns companies get when they deploy a sales methodology, and also the reasons why many companies invest in methodologies only to see them languish in the abyss of poor adoption. I’ve written also about the value of a sales process, and the need to integrate both methodology and sales process in  the CRM system. Through the work we have been doing with the Dealmaker Index Global Sales Benchmark study, we can now report the impact of applying all of these best practices together.

    Dealmaker Index is a global sales benchmarking service that is free to all, where you can score your sales effectiveness relative to your peers and gain advice...

  • 0 comments 728 reads
    Posted on 2012-01-01

    It is almost impossible to have lived through 2011 and not get all caught up in the social media frenzy. The launch of Google+ was one of the most talked about events of the year among the technorati. Was this to be the end of Facebook?  How would Twitter react? Even though Google+ amassed a user base of more than 10 million in three weeks (including the Dalai Lama), Facebook didn’t collapse, but pretty much just copied the Circles feature from Google+, and Twitter changed its approach to be a broader service instead of purely being a micro-blogging site.

    How all this will pan out in 2012 is of course uncertain, but what is certain however is that social media is irreversibly part of the fabric of the world in which we operate.  Increasingly we are seeing Twitter and Facebook as a social force for dissent,...

  • 0 comments 453 reads
    Posted on 2011-12-22

    1. Being a pioneer is sometimes a lonely place, but a pioneer can build a community

    2. There are only 2 reasons why you lose a sale

    3. The impact on a customer of a bad buying decision is greater than the impact on a sales person of a lost deal

    4. Even if your forecast says so, deals don’t always close on the last day of the month

    5. Early failure is better than late failure

    6. Winning sales cycles are getting shorter – you need to know why

    7. You can’t actually ‘take the personalities out of it’

    8. Trust is not transferable

    9. The only way we...

  • 0 comments 383 reads
    Posted on 2011-12-13

    The Challenger Sale
    If you read one sales book this year, The Challenger Sale should be the one.  Actually, if you don’t generally read sales books at all, you should make an exception in this case and read this one.

    The Challenger Sale comes from Matthew Dixon and Brent Adamson of the Sales Executive Council, part of the Corporate Executive Board.  The hypothesis it sets out flies in the face of the conventional wisdom that suggests that complex B2B selling is all about relationships.  Instead it describes a new kind of  B2B sales winner – the...

  • 0 comments 779 reads
    Posted on 2011-12-12

    It has been a while since the last post in this series.  We’ve been really busy with the launch of the Dealmaker Index global sales benchmark study.  The data that we’ve gathered from that study underlines the need for sales and marketing to be on the same page.  In my post The Actual Cost of Sales and Marketing Misalignment, I draw from the Dealmaker Index data to show that there can be a difference in quota attainment of up to 25% between those organizations where sales and marketing are singing in harmony, versus those where these two interdependent functions are just singing their individual tunes.

    You can find the earlier posts here:

  • 0 comments 460 reads
    Posted on 2011-12-04

    Most sales professionals accept that effective and consistent use of a sales methodology is a predictor of better sales results. However, many (if not most) investments in sales methodology are simply wasted dollars.  In fact less than 40% of sales people who have been trained in a sales methodology use it most of the time. (Source: Dealmaker Index).  This is considerably less than the 66% of folks who use a CRM consistently.  It is time for the methodology vendors to look in the mirror and stop criticizing poor adoption of CRM.  But that is for another post. I wonder however if it is really understood just how much difference using a sales methodology can make.
    ...

  • 1 comments 646 reads
    Posted on 2011-11-20

    In many quarters, the (mis)alignment between the sales and marketing departments is a cause of some debate, many opinions and much frustration. Apathy and anxiety are mixed in equal part, some saying that’s how it always is, and others – searching for a higher return on that ‘50% of marketing that works’ – are anxious to discover the real cost. Well, the results are in, and alignment really matters.
    Sales & Marketing Alignment Impact on Quota

  • 0 comments 989 reads
    Posted on 2011-11-05

    Social Media is on everyone’s lips. But B2B use-cases are extremely rare. Most stories relate to B2C experiences are hard to transfer to the B2B sales world. We’ve been working on that.

    Over the last 18 months or so I’ve been trying some B2B models in the Social Universe. The core philosophy has been to shape thinking, cultivate customers and earn permission to engage.

    Here’s what we have learned …

    1. The Social Universe is a great place to listen and learn: If I follow you on Twitter, read your blog, or study your LinkedIn profile, I quickly get a sense of who you are. Everything you do in the Social Universe leaves a shadow that I can collect to build up a picture.

    2. Give Value First and Expect Nothing in Return: Where traditional selling centered around targeting the customer, now you need to make it easy for her to want to find, and want to engage with you – because you give...

  • 0 comments 518 reads
    Posted on 2011-11-01

    Nearly every professional sales manager or sales executive that I’ve ever spoken to bemoans the fact that it is really hard to quantitatively assess the likelihood of success of a new sales hire.  Equally, they are frequently exercised with determining, on some relative scale, whether their sales team is as good as it could be or better or worse than other sales teams in competitive organizations.

    When I speak about this topic to professional sales trainers or consultants the response is the same.  There are no easily accessible standards, benchmarks or measures that can be used as a reference point.

    One of the fundamental problems of course that creates this shaky foundation is that there are few recognized professional qualifications for sales people or sales management or standards with which the sales profession must comply. Most professions have accredited qualifications and standards. Lawyers can’t practice without sitting their bar exams and then they must...