The Sales History Podcast

Todd Caponi
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Aug 17, 2021 • 19min

The Origin of Sales Quotas & Variable Compensation

Send us a textSales compensation - commission-only until the 1900's. And, for good reason. You wouldn't pay a rep you rarely see a salary, right? Sales are face-to-face. Travel is slow, there's no real-time distance communication, and no CRM system, so it's what you did. Sell something, get paid - a lot. Don't sell something, don't get paid. The birth of salary+commission changed that, and inspired the need for quotas. In this episode, we track that progression, the original purpose of a quota, and how we've convoluted that purpose over time. Maybe we should consider going back?Support the show
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Aug 10, 2021 • 16min

When Did Cold Calling Begin?

Send us a textCold calling - some love it, some hate it, but when did it start? Specifically, when did salespeople start cold canvassing (in-person), and when did they start doing it using the telephone?The answers are pretty clear, and what you find in a Google search are NOT the correct answers...clearly. Let's debunk the false, and get to the truth about where our cold outreach began.Support the show
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Aug 3, 2021 • 14min

The Origin of "Drummers" & "Bagmen" - The 1800's

Send us a textAre you responsible for "drumming up business" in your role? Do you "carry a bag" as a salesperson? Do you know where those terms come from? They come from the traveling salespeople of the 1800s. In today's episode, I tell their story - of the hard-drinking, back-slapping "Drummer" - and of the horseback riding "Bagmen" - what it was like to be one, and where those terms came from.@SalesHistorian on Twitter or InstagramSupport the show
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Jul 27, 2021 • 16min

Why Sales History Matters - If We Don't Know It, Are We Doomed To Repeat It?

Send us a textMany view the past-10-plus-the-next-10-years as a period where technology is and will completely change the sales profession. But if we use history as a guide, where technology was changing an awful lot more than it is today, salespeople will ruin it again.  The rise of the telephone, email, even LinkedIn...may have done more harm than good for a profession reliant on its reputation.In this look back at the rise of technology-enabled sales from the advent of the telephone, we explore the lessons learned from sales' past as our filter for selecting the sales technologies we leverage in the future.Support the show
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Jul 20, 2021 • 13min

The Story of Arthur Sheldon - The G.O.A.T. of Sales Philosophers

Send us a textIf there was a Hall of Fame of sales thought leaders & pioneers, who would you put in it? Zig Ziglar? Dale Carnegie? Brian Tracy? Who else?Arthur Sheldon needs to be on that list - I'd argue ahead of all three! Lost in the pages of sales history's past, upon his death in 1935, the Chicago Daily Tribune referred to him as “the author of more works on salesmanship than any other person” and “THE philosopher of selling.” Today, I share his story. Support the show
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Jul 13, 2021 • 13min

The Weird (by Today's Standards) Sales Methodologies of the Early 20th Century

Send us a textPhrenology. Physiognomy. Graphology = A couple of the sales methodologies of 100 years ago that may sound really strange to us today, but were embraced and pervasive back then. So pervasive, the Ford Motor Company swore by one of them. The pioneers of this weirdness were the heralded keynotes at sales events. In this episode, we dive into those strange (by today's standards) methodologies of sales' past.Support the show
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Jul 6, 2021 • 20min

Sales Education in College - Pervasive, Disappeared, and Now It's Back!

Send us a textWe so often hear and see people proclaiming that "Sales should be taught in college". Well, it was...and in high school, too, back in the early 1900's. The most prominent universities in the country (Harvard, Wharton, etc.) had it. Then it disappeared - for decades. Now it's coming back - aggressively. Why did we need and have it 100+ years ago? Why did it disappear? Why is it back now? Could it disappear again? All covered in this week's Sales History Podcast. Support the show
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Jun 29, 2021 • 14min

1920's Telling of "The History of Sales"

Send us a textImagine, it's 1920, and someone is sitting around asking themselves, "I wonder what the history of sales is". They do the homework, then they write about it. Well, I found it. And in this episode, I summarize it - the History of Sales from the beginning of time through 1920.Support the show
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Jun 22, 2021 • 10min

The 1st World Sales Congress & An Admired Profession

Send us a text105 years ago - the sales profession was not only respected & trusted, it was admired! As evidence, the first World Sales Congress was taking place in Detroit, keynoted by the President...in the middle of a world war! Here's the story of the event, my take on how we've lost our way, and how to get it back!Support the show
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Jun 16, 2021 • 12min

The Modern History of Women in Sales & Lucinda Prince

Send us a text"Salesmanship" - a pervasive word at the time, but that doesn't necessarily mean women didn't play a prominent role in the profession 100+ years ago. And even more amazing, in this episode, I tell the story of Lucinda W. Prince, who became the profession's leading advocate for empowering women to embrace, establish and excel in sales.Support the show

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