top of page
Search


How to Offer Discounts During a Crisis (Without Being Called a Profiteer!)
Retailers offer discounts to offset lower consumption during a crisis. However, buyers might perceive them as profiteers if they do so....

Sreeram Sivaramakrishnan
Feb 28, 20233 min read


How Personality Traits Affect Sales: When Salespersons Go “Dark”
Salespeople tend to score highly on Dark Triad traits of psychopathy, narcissism, and Machiavellianism. Salespeople with these traits...

Sreeram Sivaramakrishnan
Feb 18, 20234 min read


What Makes Salespeople Tick: Embracing a Quiet Ego
Adaptive selling is necessary for B2B sales. One of the qualities that can lead to adaptive selling behaviours is having a quiet ego....

Sreeram Sivaramakrishnan
Feb 8, 20234 min read


Selling Service Innovations: Do Incentives Work?
Industrial firms are increasingly turning to service innovations to stay ahead of the curve. They use monetary incentives to encourage...

Sreeram Sivaramakrishnan
Jan 30, 20233 min read


How many free gift choices is too many?
Free gifts (or premiums) are a popular promotional tool, and these days retailers are offering buyers a choice between multiple gifts to...

Sreeram Sivaramakrishnan
Jan 23, 20233 min read


Shopping as a Couple: 👍 or 👎
Shopping is a social activity. When couples shop together, especially for joint consumption, they tend to buy more and spend more. This...

Sreeram Sivaramakrishnan
Jan 12, 20233 min read


Making Scarcity Work for You
Scarcity can be a major driver of product sales. However, different types of scarcities push different types of products. Demand-based...

Sreeram Sivaramakrishnan
Jan 4, 20233 min read


Salesperson Onboarding can Boost your Topline!
Salesperson training is critical for firms, especially onboarding, as it helps new employees assimilate and understand the firm. A...

Sreeram Sivaramakrishnan
Dec 21, 20223 min read


Can B2B firms capitalise on ad hoc sales encounters?
Although over 80% of B2B customers are ad hoc, B2B firms face sales loss due to mistrust towards their sales representatives by these ad...

Sreeram Sivaramakrishnan
Dec 16, 20223 min read


Using sales promotions to increase impulse buying
Sales promotions are an important tool for marketers and retailers. However, their effectiveness in boosting impulse purchases can be...

Sreeram Sivaramakrishnan
Dec 12, 20223 min read


Want the good news first or the bad news?
Promotional offers are often in the form of a “Good news/Bad news” statement with the offer or “good news” first and the restriction or...

Sreeram Sivaramakrishnan
Nov 29, 20223 min read


Getting customers to pay per use
Customers often choose flat-rate pricing plans for services over pay-per-use plans even though flat-rate plans cost more. Their choice is...

Sreeram Sivaramakrishnan
Nov 25, 20224 min read


Sale or Clearance: Words matter, choose them carefully
Retailers use words like “sale” and “clearance” in promotion communication widely and often interchangeably. However, buyers expect deep...

Sreeram Sivaramakrishnan
Nov 15, 20223 min read


Boosting Performance through Knowledge Diffusion
Knowledge diffusion from high-performing employees to other employees is key in ensuring a firm’s continued performance improvement. The...

Sreeram Sivaramakrishnan
Nov 1, 20223 min read


What to do when reviewers exaggerate?
Exaggerated reviews can hurt a brand since retailers depend on word-of-mouth as a marketing strategy. Certain behavioural traits drive...

Sreeram Sivaramakrishnan
Oct 27, 20223 min read


Your customers aren’t redeeming their online coupons!
Digital coupons have many advantages, but their redemption rates are extremely low. To address this issue, marketers need to focus on...

Sreeram Sivaramakrishnan
Oct 19, 20223 min read


Online advertisement focus: sales volume or reviews?
Online reviews are crucial for decision making by shoppers. However, online retailers need to advertise their products keeping in mind...

Sreeram Sivaramakrishnan
Oct 10, 20223 min read


How to talk to customers so they’ll buy
Managing information channels is critical for online retailers as buyers often gather information from multiple sources before making a...

Sreeram Sivaramakrishnan
Sep 27, 20223 min read


Markdowns or No markdowns for Luxury Retailers?
Luxury retailers in the west offer markdowns to push sales, banking on the Sales effect. However, while determining whether to offer...

Sreeram Sivaramakrishnan
Sep 16, 20223 min read


Should B2B Firms have Loyalty Programmes?
B2B companies are introducing loyalty programmes to improve customer retention. These programmes lead to higher sales when the frequency...

Sreeram Sivaramakrishnan
Sep 7, 20223 min read
bottom of page