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Updated for Great Wholesalers -14 Ways to Always Be Closing

“We’re adding a little something to this month’s sales contest. As you all know, first prize is a Cadillac Eldorado.

Second prize is a set of steak knives.

Third prize is you’re fired.”

For anyone who has seen Glengarry Glen Ross, the classic 1992 film starring a host of acting greats, then you know that this quote comes from the amazing seven minute speech by Blake (Alec Baldwin) as he addresses his underperforming sales team.

[Read more…]

Do You Give Good Phone?

How well do you use voicemail?

A lot of clients that I’ve been talking to recently find themselves ridiculously pressed for time. Perhaps even more than normal for a wholesaler.

Maybe it has something (everything?) to do with the economy improving. [Read more…]

Why Not Just Pay Wholesalers a Salary?

Over the past three days Ignites has been running the results of a wholesaler survey they did.

Ignites survey on the top issues that external wholesalers face in their profession. Precisely 152 wholesalers, representing more than 50 fund families with $3 trillion-plus in open-end mutual fund assets, took part in the research.

While there were a number of interesting findings one jumped off the page at me:

[Read more…]

What Do You Want On Your Wholesaling Headstone?

Maybe it’s in anticipation of a very significant birthday that I turn to a thought tied to mortality.

Maybe it just a great question for each of us to ask ourselves.

[Read more…]

Wholesaler Satisfaction Survey Results

During the month of February we ran a brief three question survey to take the pulse of wholesaler satisfaction.

The results of the survey were surprising – sort of.

In January, which seemed to be ’employee satisfaction survey’ month in the human resources world, the following reports began to emerge:

[Read more…]

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