The Win Rate Podcast with Andy Paul cover image

The Win Rate Podcast with Andy Paul

What's Broken In Sales and Can It Be Fixed?

Feb 28, 2024
The podcast discusses the gap in traditional sales training, importance of engaging executives, understanding business aspects in sales, challenges in current sales practices, need for a shift in sales training, strategies to better prepare salespeople, understanding corporate finance, business case modeling, and being prescriptive in sales pitches to drive value.
49:08

Podcast summary created with Snipd AI

Quick takeaways

  • Compensate salespeople based on profitability to drive strategic deal-making aligned with company goals.
  • Salespeople must understand financial implications, net cash flow, and project management for value-driven conversations.

Deep dives

Shift in Sales Compensation Model

Implementing a change in how salespeople are compensated towards profitability rather than just revenue and factoring in cost structures can drive more thoughtful deal-making and align sales behavior with company goals effectively. This approach focuses on paying salespeople based on the profitability of their deals and deducting certain costs like SG&A investments from the revenue earned, encouraging more strategic and profitable deal closures.

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