ISC Recruiting News & Views
1.9K views | +0 today
Follow
Your new post is loading...
Scooped by Ann Zaslow-Rethaber
Scoop.it!

What are the Stages of a Sales Pipeline?

What are the Stages of a Sales Pipeline? | ISC Recruiting News & Views | Scoop.it

Filling a sales position means finding a candidate who understands the sales pipeline and their role in managing it. After all, the sales pipeline is an important part in a company’s success, as creating and maintaining it is essential for earning new sales and delighting customers.

Sales pipelines help business owners discover five key insights, one of which is where they have resource gaps and overallocation. This means sales managers and owners have data on where they need more salespeople — and why. The pipeline has multiple stages, starting with prospecting, then continuing through lead qualification, demos and meetings, proposals, and beyond.

As with any part of the sales process, or running a business in general, data is key. When considering the sales pipeline, metrics matter. These metrics include lead source, deal size, and a lead’s current location in the pipeline. For more on sales pipelines, check out this infographic.



Read the full article at: www.salesforce.com

No comment yet.
Scooped by Ann Zaslow-Rethaber
Scoop.it!

Eight Ways To Hire Top Sales Talent

Eight Ways To Hire Top Sales Talent | ISC Recruiting News & Views | Scoop.it

Your success or failure as a sales manager or business owner is directly dependent on the quality of the talented sales staff you hire and train


Great sales managers are made by great sales staff. Good managers can be pulled down by a weak staff. Knowing that your staff is the key to success, it becomes apparent that hiring is your No. 1 job. Hiring and developing excellent people will ensure you of long-term growth and success. Once you realize the importance of recruiting, this 10-step plan will become second nature to you.

1. Always, Always, Always Be Recruiting

It does not matter that you are currently staffed with great people. Things will happen to change that. Promotion, illness, career opportunities elsewhere, maternity leaves or tragedies. This can mean at any time, one or more of your best people may leave.


Read the full article at: strongcloser.com

No comment yet.
Scooped by Ann Zaslow-Rethaber
Scoop.it!

A Recruitment Strategy Plan That Will Improve the Talent Level on Your Team

A Recruitment Strategy Plan That Will Improve the Talent Level on Your Team | ISC Recruiting News & Views | Scoop.it

How many open positions are on your team?  Open positions are an opportunity to improve the talent level. You want to make your goals more attainable and hiring top-shelf people is the best way to do that. 

However, building a high-quality sales team isn’t easy. It typically requires a lot of time and money to assemble a team of top performers. What if we told you that there’s a proven system that would help you get a list of great people to interview? Would you be interested?

How to Obtain Qualified Sales Candidates

First, to get a list of qualified candidates to interview, you need to understand the qualities of the person that you need on your team.


Read the full article at: blog.thecenterforsalesstrategy.com

No comment yet.
Scooped by Ann Zaslow-Rethaber
Scoop.it!

5 Strategies to Reverse Your Sales Productivity Problem

5 Strategies to Reverse Your Sales Productivity Problem | ISC Recruiting News & Views | Scoop.it

I've been managing and leading salespeople and advising sales organizations for over 30 years.

During that time, I've identified two trends.

  1. Sales technology and sales force automation has increased in prominence, price, and company investment.
  2. Sales rep productivity — the time salespeople actually spend selling — has decreased.

Research shows that today, good salespeople spend less than a third of their time selling. On the other hand, more and more time is spent managing various administrative tasks surrounding sales and demand generation.

Basically, salespeople spend more time managing their sales than making them.

Whether you’re a salesperson, sales executive or other investor or stakeholder in a growing organization,I don’t need to tell you the direct and collateral damage done when salespeople aren’t selling.


Read the full article at: blog.hubspot.com

No comment yet.
Scooped by Ann Zaslow-Rethaber
Scoop.it!

Essential Tips for Effectively Managing a Sales Team

Essential Tips for Effectively Managing a Sales Team | ISC Recruiting News & Views | Scoop.it

Working in sales is a roller coaster ride, and so is managing a sales team. But considering the pivotal role of sales in a company’s success, it’s essential to contrive measures to enhance the efficacy and performance of your sales department.

Around 50% of sales representatives miss their targets every year. So, what can you do to make sure your sales team delivers consistent results?

Read along as we’re discussing some of the best sales team management tips for business owners and managers.

The Importance of a Sales Team

Sales is to businesses what water is to humans. Without sales, your business won’t survive. 


Read the full article at: www.softwaresuggest.com

No comment yet.
Scooped by Ann Zaslow-Rethaber
Scoop.it!

How to Increase Sales in a Virtual World

How to Increase Sales in a Virtual World | ISC Recruiting News & Views | Scoop.it


The world of virtual business, including virtual selling, is here to stay. It’s an adjustment, but there’s no doubt that it’s happening. With the onset of the COVID-19 pandemic, corporations have seen the ongoing value of working from home (WFH), and 74 percent of CFOs have already indicated that WFH will become part of their staffing strategy moving forward. To increase sales, tactics have to evolve to suit the new world of virtual work, and using outsourced support for B2B selling can help.

Understanding the Virtual Workplace

Along with more employees working remotely, corporate priorities and structures are evolving.


Read the full article at: impact.marketstar.com

No comment yet.
Scooped by Ann Zaslow-Rethaber
Scoop.it!

The Sales Skills Required to Reach the Next Level of Success

The Sales Skills Required to Reach the Next Level of Success | ISC Recruiting News & Views | Scoop.it

Sales professionals are approaching the coming year with a sense of guarded optimism because the next months are an opportunity to return to normalcy. As a result, more sales teams are gaining the confidence to finally start making long-term plans again. For most, these plans include developing new selling skills to capitalizing on a global recovery.

As the recovery takes shape, selling organizations will need to become:

  1. More agile to track changing customer needs
  2. More influential to guide the customer’s thinking
  3. More adept in virtual outreach

These three skills will be critical for success in the environment that awaits in 2021. Customers change direction faster than ever, more factors shape their thinking, and their expectations for streamlined virtual engagement are high.


Read the full article at: www.richardson.com

No comment yet.
Scooped by Ann Zaslow-Rethaber
Scoop.it!

Keep Your Sales Team Engaged During Crisis

Keep Your Sales Team Engaged During Crisis | ISC Recruiting News & Views | Scoop.it

As business slows down across industries, it’s likely that your team is facing thinner pipelines and longer sales cycles. But that’s no reason to sit idly. How can you help your sales team stay motivated through this crisis?

Your management style is critical. Keeping your team engaged now ensures they’re set up for success when the situation recovers.

Lead with empathy and action

Leading with empathy and action is the best way to support your team right now.


Read the full article at: resources.doubledigitsales.com

No comment yet.
Scooped by Ann Zaslow-Rethaber
Scoop.it!

4 Bad Sales Habits to Break for Better Performance

4 Bad Sales Habits to Break for Better Performance | ISC Recruiting News & Views | Scoop.it

How many times has this happened to you? You firmly decide what you’re going to do — whether it’s going on a diet, calling that referral, or refraining from drinking that third glass of wine. But then you end up doing exactly the opposite. Binge watching “Orange Is the New Black,” eating Oreos, tracking long-lost friends on Facebook, or toasting for the third time, because after all, it is hump day!

 

Well, you’re not alone.

 

Yes, issues of procrastination and willpower come into play, but stunning new research reveals a deeper reason why this knowing and doing gap takes place.

Tackle your tendencies.

Neuroscientists have discovered a part of the brain they call the default mode network. This network becomes hyperactive when we’re in what’s known as a resting state. (This is actually a good thing after work, during a break, or on weekends, because this downtime refreshes the brain.) Like other animals, humans fall into default modes when performing difficult or even life-preserving tasks. Think of these default modes as the path of least resistance — doing whatever takes the least amount of work or mental energy.

I first heard the term default mode in my Anusara yoga class. My instructor told the students that everyone has certain tendencies. We default to these tendencies when we aren’t hyperfocused. Why? Because they’re easier. Our bodies naturally default to the easiest positions. We slouch our shoulders, or hang our head, or forget to breathe properly. When we’re not really paying attention, we tend to slide into default mode. Over time, in the workplace, these tendencies can lead to dramatic underperformance.

We all have default tendencies to overcome. These are the repetitive or destructive — and usually unconscious — behaviors that can keep you from making a sale. Sometimes, when you’re tired or distracted, they’re more pronounced, but default mode takes over for several other reasons. I use the acronym HELL to sum them up:

Have you fallen into sales HELL?

H = Habits

E = Ego

L = Lack of knowledge

L = Laziness

 

Habits: Many sales veterans are guilty of this. You’ve been doing something wrong for so long, you can’t see how it wreaks havoc on your performance. The good news is that bad habits can be changed — if we’re aware of them. If we’re disciplined about replacing old behaviors with new ones, we can change what we do and, ultimately, who we become.

Ego: According to research conducted by David Mayer and Herbert M. Greenberg, good salespeople have a need to conquer. This particular type of ego drive gives us the ability to claim greatness, to say, “I’m going to be number one, get promoted to CEO one day, and buy an island.” Bad ego, on the other hand, causes us to play the blame game and abdicate responsibility for a lost sale.

Lack of knowledge: This might be the most common reason newer salespeople default to their negative tendencies: They simply don’t know any better. Perhaps they haven’t learned the steps of their sales process, or haven’t mastered their product knowledge, or don’t have enough experience overcoming and isolating common objections. Is a lack of product or market knowledge the fault of the manager or the salesperson? If you’re not getting enough information from your manager, take responsibility. Ask questions. Seek out information from other sources. Refuse to become complacent.

Laziness: When I speak of laziness, I don’t mean we’d rather be lying on a deck chair drinking a margarita (although we might) or watching reruns of “Leave It to Beaver” and “My Three Sons.” I’m referring to the lazy moments when we aren’t purposefully engaged. We just go through the motions: We skip steps of our sales presentation, we fail to prepare, or worse, we shortcut our discovery and engage in premature demonstration syndrome.

 

If you’ve ever found yourself in sales HELL, congratulations. You’re human. Falling into default mode behaviors is a natural part of being alive, and it’s probably impossible to ever completely eliminate these tendencies.

So how do we climb out of sales HELL?

So how do we climb out of sales HELL?

1. Solicit feedback: Whether you’re a skier, author, or parent, research shows that positive, immediate, and constructive feedback will help you understand what you’re doing well and what you’re doing poorly so you can practice, repeat, and master your best behavior. Otherwise, you’re just grooving bad habits deeper into your brain until you can do a terrible job without even having to think about it.

2. Take responsibility: No matter where you sit in an organization, blaming others is always a bad idea. Not simply because it alienates people or because it’s lazy or because it robs you of respect. There’s a deeper reason — one that won’t just cause short-term problems but will destroy your chance at long-term growth. You can start to take more responsibility immediately by changing your self-talk and the questions you ask yourself. Consider the following alternatives to some old standby excuses:

  • “They didn’t have the budget.” Instead, think about where you could have improved. For example, “I didn’t show them the value. Did I find a problem? Was it big enough?”
  • “They’re indecisive.” Maybe, but what could you have done differently? “I didn’t make a connection with all of the stakeholders. What else could I have done to build trust?”
  • “Someone gave them a better deal.” Instead of blaming your competitors, keep your focus on you. “I didn’t differentiate our offering. How could I have asked better questions? What are the powerful statements I could have used to better differentiate my offer?”

3. Identify your most common default behaviors. So, be brutally honest with yourself. What are your default mode behaviors? Write them down.

Here’s a short list to get your brain going:

  • Hearing a customer problem and immediately trying to solve it rather than uncovering why it’s a problem
  • Giving the customer way too much information
  • Selling features that aren’t important to the customer
  • Talking too much during the discovery or closing process
  • Not involving all of the decision makers
  • Making your offer sound too good to be true
  • Exaggerating product benefits …  just this once
  • Telling the customer how your product works instead of sharing with them how they’ll feel when they use, own, or engage with your product
  • Not preparing ahead of time and just sort of winging it
  • Telling the customer that their existing choices, partners, or way of doing something are all wrong, just so your solution sounds superior
  • Telling the same tired sales stories
  • Looking for what’s wrong with your customers instead of focusing on what’s right
  • Asking questions on autopilot instead of generating genuine curiosity

 

All salespeople are driven to succeed. We want the best for our children, security, significance, and the keys to a bungalow on a faraway island. But remember, earning a slice of heaven starts with climbing out of sales HELL.

No comment yet.
Scooped by Ann Zaslow-Rethaber
Scoop.it!

Leverage Your Core Sales Skills During This Pandemic

While many states and countries are gradually in the process of re-opening, there remain restrictions and a need to navigate a new sales normal. Additionally, an economic crisis is clearly part of the COVID-19 fallout. All of this has created a business environment where sales can be achieved, but through a different process than we are used to. However, it’s important to remember that, regardless of the state of the world, your industry, or business in general, there is a path forward to sales success.  

 

1. Adapt your skills to the current environment 
The sales process has likely changed. We are connecting with customers in different ways, there’s a greater emphasis on remote selling, and there is a vital need to think creatively in meeting the unique challenges of an economy overshadowed by a pandemic. But the good news is, you’ve developed core selling skills that can be applied to the new environment – just a bit differently.  

Things like knowing how to open and close, being a trusted advisor, identifying needs, tailoring a solution, offering insights and ideas to get customers to think differently – these are all core selling skills sales professionals have honed over the years and are still critical in today’s unique environment. They are applied a bit differently, as the communication medium has changed. Lean into Web-based tools with video, if possible, and get comfortable working phone and email. While face-to-face interactions will be limited, you still can connect deeply with your customers by leveraging the core selling skills you’ve learned to rely on.  

 

2. Pay even more attention to communication style preferences
Communication styles are one of the most critical gateways to understanding and connecting with buyers. In times of stress and strife, like COVID-19, they become even more important. Being able to talk to someone who is in sync with you in your preferred communication method is a huge relief, and it’s an opening that sales professionals can use to establish trust, build rapport, and engage in a productive sales dialogue. 

However, the environment has changed. Even with the relaxing of some restrictions, face-to-face is still less likely to take place. Consequently, sales professionals will need to use other strategies to discern communication styles – verbal clues like tone and words used, and writing elements such as content, length, and syntax. When possible, the use of video can be a tremendous asset. Being able to read the body language of your customer – and them being able to see the same – is a significant advantage. 

 

3. Short-term problems could take priority over long-term solutions
Because pandemics involve a great degree of future uncertainty – no one knows precisely how long it will last, for example – long-term strategizing will likely downshift to a lesser priority for buyers. After all, if you don’t know what the world will look like in the future, it can be difficult to make plans based on that.

Thus, sales reps may find they need to align with buyers’ most pressing short-term concerns over long-range issues. That doesn’t mean future scope is completely out of the equation, of course – one can make models and projections based on an array of possible futures – but addressing immediate problems could not only represent a win now but strengthen your position on future deals as well.    

 

4. Resist the trap of diving too deeply into non-business discussions
The pandemic response at the local, state, national, and international level has tragically become politicized. One of the things sales professionals need to be aware of is buyers who have strong opinions about the strategy employed to deal with COVID-19. Sales professionals need to be aware of the risks associated with diving too deeply into this dialogue.  

Despite the chaos affecting the entire world of business and sales, core selling skills are still critical to engaging and influencing buyers. Shifting strategy to work through different communication channels, emphasizing relationship building, strongly considering communication styles, and balancing both short-term and long-term goals are all ways to effectively keep the sales pipeline full.

No comment yet.
Scooped by Ann Zaslow-Rethaber
Scoop.it!

How to Recruit and Select the Best Sales Talent

How to Recruit and Select the Best Sales Talent | ISC Recruiting News & Views | Scoop.it

Is there a secret you need to know in order to recruit and select the best sales talent? It’s easy to think so since McKinsey analysts report that “superior talent is up to eight times more productive” than the rest of the employees on your team. These superior folks are hard to find. If you’re fortunate enough, you’ll hire one and watch their impact on your bottom line. How do you know if the candidate sitting in front of you truly is the best? You can improve your odds by using a sales assessment test instead of relying on the usual methods.

The Power of Technology and Data

I like to remind people that one way to find top talent is to incorporate technology and data into your process. That’s exactly the path described in the book and the movie "Moneyball." For those who are unfamiliar with the story, it’s about the effective use of data in assembling a baseball team. We all know baseball people fixate on statistics, but back in the day, managers weren’t using data to recruit players. That changed when Billy Beane came along. Using statistics, Beane put together a winning team for the Oakland Athletics. Today, several baseball teams rely on sabermetric analysts to evaluate players.

More of the Same or Something New

One lesson from Beane’s approach was that disrupting the power of personal relationships can improve outcomes. Many sales professionals believe in personal relationships and their ability to drive business success. But should personal relationships also drive how you hire your sales reps?

 

Studies have pointed to the positive outcomes when employees recommend friends for open positions. In fact, many organizations reward employees if a recommended person is hired. Studies also show that these new hires often last longer in an organization and may be a good fit in the culture. While that may be true, the word-of-mouth hiring strategy won’t bring you the best sales talent, unless you’re very lucky. The truth is that people tend to recommend friends who are similar to themselves.

 

If you want to change the mold and break through barriers, you’ll need to use a sales assessment test to find the best sales talent.

The Interview Bias

The best aspect of a good sales assessment test is the lack of bias. Tests that ask questions designed to reveal sales aptitude, motivations and work practices focus on the whole candidate. During an interview, candidates can shift the focus to what they want you to know. If they’re not particularly good team players, they’ll highlight their rainmaker qualities. And sales professionals who have been recommended by a friend or co-worker may try to play the relationship angle and appeal to your emotions. Before you know it, they’ll have sold themselves to you.

 

You can protect yourself against that kind of influencing by asking candidates to take an assessment before they qualify for an interview. With the data in front of you, asking questions about a candidate’s potential weaknesses will be a more productive use of your time.

Reference Checks and Personal Branding Limitations

Some hiring managers believe that reference checks can be the best way to confirm that the candidate they want to hire is top shelf. Unfortunately, many organizations will only confirm a candidate’s title, dates of employment and the kind of work they did. This dilemma might lead to you conduct a backdoor reference check.

 

You might know an individual who worked with the candidate in the past but who wasn’t listed as a reference. In talking with the off-list reference, you’ll hope to learn about a candidate’s strengths and weaknesses. Unless you know the reference well, consider what they say carefully. They may have a hidden agenda, such as wanting to push someone else they want to see hired into your position.

No comment yet.
Scooped by Ann Zaslow-Rethaber
Scoop.it!

Three Ways Sales Professionals Can Stay Relevant

Three Ways Sales Professionals Can Stay Relevant | ISC Recruiting News & Views | Scoop.it

Selling for a living in the twenty-first century requires coming to terms with a dizzying array of interconnected, hard-to-anticipate changes in the areas of technology, marketplace trends, and client agendas. Falling behind in any one of these areas means losing relevance and with it, your competitive edge. Here are three simple things you can to do make sure you stay up-to-date and relevant in the world of your ideal buyer.

 

STEP ONE: CREATE A SOLID PERSONAL DEVELOPMENT PLAN. Start with setting goals that will help you expand your own skill set. What new skills should you identify as targets for mastery 30, 60, or 90 days from now? What is your overall goal for 12 months from now? You will probably want to focus on developing your skill base when it comes to leveraging information platforms that you can use more effectively to connect with prospects in your targeted industries. For instance, many salespeople we work with haven’t yet bothered to create a repeatable process when it comes to using LinkedIn to generate targeted referrals, or created videos that will set themselves and their company apart from the competition within a specific niche. Rest assured that your competition is making an effort to sharpen their skills in these areas. That means you need to, as well!

 

STEP TWO: IDENTIFY THE RELEVANT CHALLENGES FACING KEY INDUSTRIES YOU SERVE. This requires identifying the news sources most likely followed by your best customers and ideal prospects in a given industry, and then consistently keeping up with those news sources to stay on top of the hot-button issues they identify. Again, it’s surprising how few salespeople do this. Find out what your top three customers are reading for industry news, and the sources they check multiple times during the work week. Then – read what they read and watch what they watch. It should then be easy to incorporate the “hot-button” issues into your discussions! Also, be particularly curious about the impact of new technologies.

 

For instance, if you know there is a shift toward increasing reliance on artificial intelligence in a given industry that you serve, your opening questions with prospects and referrals can incorporate that:  “A lot of your counterparts in other companies are taking a step back and looking at the impact of AI on their business plan. Is that something on your radar screen?”

 

STEP THREE: IDENTIFY APPROPRIATE BEST PRACTICES YOU CAN SHARE. A big part of staying relevant in your personal competitive landscape is being aware of best practices in Industry A that can add value to the lives of your customers, prospects, and referrals in Industry B. You can’t, of course, share trade secrets, proprietary processes, or anything else that might run afoul of ethical or legal guidelines, or damage an existing relationship. But you can share good ideas that aren’t confidential or industry-specific with contacts who are likely to benefit from them.

 

For example: One of the recruiting secrets I’ve learned from my work with successful tech companies is the tactic of securing multiple in-depth, voice-to-voice discussions with past employers before finalizing a sales hire. In other words, don’t base a critical decision to hire a salesperson (or anyone else, for that matter) on a single hastily-written “reference” that may not accurately reflect the candidate’s experience, fit with your organizational culture, or skills. This is a simple best practice that’s easy to understand, easy to follow, and easy to benefit from … in pretty much any industry, so I make a point of sharing it. This is just one example. There are likely dozens you could come up with from your own world that will be relevant to buyers.

No comment yet.
Scooped by Ann Zaslow-Rethaber
Scoop.it!

Emotional Intelligence Matters in Sales

Emotional Intelligence Matters in Sales | ISC Recruiting News & Views | Scoop.it

Emotional intelligence is a valuable skill in any career, but even more so in sales.

  • Emotional intelligence is the ability to manage and monitor your emotions, and influence and understand the emotions of others.
  • Someone with high emotional intelligence does not allow their emotions to dictate their decisions or actions; instead, they recognize when it's time to reign in their potentially damaging emotions.
  • Developing emotional intelligence skills can have a positive effect on your career, your personal relationships and your overall health.

 

There are many skills required to be a good salesperson. Confidence, motivation, passion and drive are all important, but perhaps the most important skill of all is emotional intelligence.  

What is emotional intelligence?

Emotional intelligence is the capacity to express and control emotions and to read the emotions of others and respond empathetically. The skill is becoming increasingly valued in the workplace as people become better educated about the importance of managing workplace stress and creating an environment that promotes mental health at work.

 

Mental Health America has identified emotional intelligence as one of the key factors in cultivating a mentally healthy workplace. People with a high level of emotional intelligence are often referred to as having a high emotional quotient (EQ).

Why emotional intelligence matters in the sales industry

Emotional intelligence is a valuable skill to have in any career but even more so in the sales industry. In a job that requires the ability to break down barriers with total strangers, overcome objections, build relationships and make connections, it's easy to see why the ability to control emotions and respond appropriately is important.

Overcoming objections

Emotional intelligence can be a real asset when handling objections. Each potential customer will have a unique set of needs as well as their own concerns in the early stages of the sales funnel. Empathizing with customers about their concerns and understanding their point of view can make it easier to address their concerns.

 

Sales objections aren't a bad thing. They present opportunities. A question or objection is a crystal clear insight into a pain point you can solve. Smart, positive salespeople can turn objections into sales by preparing a proactive plan to overcome the most common sales objections.

Handling rejection

Rejection is an inevitable part of working in sales, but that doesn't make it easy. Salespeople with high EQ understand that a "no" isn't a rejection of them personally but of what they do. Emotionally intelligent people are less likely to become stressed or upset by repeated rejections – they are more likely to see it as an opportunity to improve their technique.

Building rapport

In sales, there is no one-size-fits-all approach to building rapport with potential new leads. It takes an emotionally intelligent person to read the signals the individual is giving and adapt their pitch accordingly. If the lead seems open and chatty, the salesperson can go with a more informal approach – if the customer prefers to be addressed by their title, then a more respectful and formal tone should be used.

No comment yet.
Scooped by Ann Zaslow-Rethaber
Scoop.it!

To Succeed in Sales You Need to Throw Out These Misconceptions

To Succeed in Sales You Need to Throw Out These Misconceptions | ISC Recruiting News & Views | Scoop.it

To succeed in sales, you have to be an extrovert and a natural at it. That’s straight-up nonsense!

  • Many sales professionals get into the profession because they’ve been told they’re a natural. And sometimes, aspiring salespeople think they’re not cut out for the job because they’re introverts. 
  • Both of these assumptions are myths, according to sales leader Kevin “KD” Dorsey, who says there’s nothing natural about selling, and that introverts are often better suited to a career in sales.
  • KD clears up other popular misconceptions about sales, including money as motivation, the need to be passionate about products, and relying on a company to propel you forward.

Introverts, unite! (Separately, and in your own home.) 

Has there ever been such a prescient, perfect slogan for 2020? After all, this is the year of the virtual convention, the Zoom happy hour, and the “bubble” NBA.

Throw out misconceptions if you want to succeed in sales

But when we think about high-achieving sales rockstars, we assume they’re naturally outgoing, outspoken, and super social.


Read the full article at: www.vanillasoft.com

No comment yet.
Scooped by Ann Zaslow-Rethaber
Scoop.it!

Building A High-Performance Sales Team

Building A High-Performance Sales Team | ISC Recruiting News & Views | Scoop.it

Ask any sales leader whether they want to build a high-performing team, and the immediate answer will be “Yes.” But what are the specific best practices that support this goal? Here are three that we have seen in organizations that are thriving in 2021.

First and foremost, create clarity about the salesperson’s role. A simple and effective way to begin to do this is to invest a little time in a KARE analysis. Is the role you are looking at primarily responsible for KEEPING existing customers, for ACQUIRING new customers, for RECAPTURING customers who have been lost, or for EXPANDING business within a current account? These are four very different priorities, and a written job description should clearly identify for you and for the sales professional exactly what the expectations are for the role in question.

Next, identify the high performers on your current team. Taking the role you have just identified into account, ask yourself these questions: Who would you most want to hold on to? Who would you replicate if you had the power to do that? Who would you most want to serve as a role model to other sales professionals in your organization?


Read the full article at: www.sandler.com

No comment yet.
Scooped by Ann Zaslow-Rethaber
Scoop.it!

15 Things Every Great Sales Manager Knows

15 Things Every Great Sales Manager Knows | ISC Recruiting News & Views | Scoop.it

What do you consider the greatest job in the world?

Maybe I'm biased, but I'm convinced I have that job. Why? Here’s what I do every day:

  • Talk with people who are actively engaged in sharing important information with me
  • Figure out what makes those people “tick”
  • Work with sales managers to understand the talents of the people they are interviewing
  • Help them to hire the very best people for the job
  • Focus on the unique strengths of individuals
  • And, help managers to coach their direct reports to become wildly successful

And best of all, I have the privilege of working closely with some of the greatest managers out there. After all these years, I can tell you that there are 15 things that every great manager knows. 


Read the full article at: blog.thecenterforsalesstrategy.com

No comment yet.
Scooped by Ann Zaslow-Rethaber
Scoop.it!

Leading a Sales Team out of a Slump

Leading a Sales Team out of a Slump | ISC Recruiting News & Views | Scoop.it

Sorry to be the bearer of bad news, but a sales slump can, and will likely happen to every business at some point. One minute, your company sales are cruising along, only to be hit by stagnating or plummeting revenue. These speedbumps in growth can be caused by a variety of reasons, but business owners and sales leaders need to be able to recognize early warning signs and commit to the right steps to get back on the path to success. Too often, there is pressure to do more, when instead the approach should be on doing the right things better.

Current business conditions have brought many new obstacles and distractions which have salespeople’s heads spinning as they try to determine effective next steps. The new sales landscape has also made holding salespeople accountable challenging for owners and sales leaders.

If this sounds familiar, it is time to usher your salespeople into a new normal that will make them stronger and more resilient performers. 


Read the full article at: tienwong.wordpress.com

No comment yet.
Scooped by Ann Zaslow-Rethaber
Scoop.it!

How to manage a sales team?

How to manage a sales team? | ISC Recruiting News & Views | Scoop.it

Maintaining a sales team is no simple task, particularly if you respect the value of its position in your business progress. On top of meeting target metrics, you’re additionally in charge of taking the best people on the bus, teaching them, and supporting team spirit. Then how to manage a sales team?

As the sales team manager, your primary objective is to create or develop your sales business. This role comes with a lot of stress, but by developing sales teams to control best practices, you can easily set yourself and your sales crew up for success. Running a sales team is a fairly difficult job, no matter if you are a newly-promoted or a veteran sales manager. While it may appear to need relatively small effort, in case, strong sales team management is a responsibility that can be managed only with perseverance and devotion. We’ve selected some tips for you on how to manage a sales team.

Why is your sales team not working at its top level?

According to a study given by Hubspot, 66% of sellers are not reaching their quotas.

There are plenty of causes why your sales team is not working at its top level.


Read the full article at: sokrio.com

No comment yet.
Scooped by Ann Zaslow-Rethaber
Scoop.it!

5 Successful Sales Team Management Strategies That Boost Representative Performance

5 Successful Sales Team Management Strategies That Boost Representative Performance | ISC Recruiting News & Views | Scoop.it

Sales team managers need to implement a number of strategies to boost the performance of their representatives. With a number of other business aspects to consistently monitor, deploying the top sales team management strategies can seem difficult. However, practicing the best strategies improves your employee morale, drives better results, and encourages the exchange of ideas. When properly followed, management strategies can even reduce employee turnover. Luckily, there are dozens of sales rep management strategies to choose from. If you are interested in the top methods to drive improve sales results, read on to learn about the top successful sales team management strategies that boost representative performance.

Improve Coaching Opportunities

Strategic sales managers need to constantly improving their coaching opportunities in order to improve the performance of their representatives. 


Read the full article at: businessfirstfamily.com

No comment yet.
Scooped by Ann Zaslow-Rethaber
Scoop.it!

4 must-know strategies for building a killer remote sales team

4 must-know strategies for building a killer remote sales team | ISC Recruiting News & Views | Scoop.it

You want your sales team to dominate their quotas and close deals. But there's a challenge: due to the  COVID-19 crisis, all of a sudden your all-star sales team is now working and selling remotely from home. Now what?

And to be frank: for a first time manager, managing a remote team is not a walk in the park.

As of 2019, the amount of companies with a remote workforce is getting larger. 66% of companies allow remote work, and 16% are fully remote.


Read the full article at: blog.close.com

No comment yet.
Scooped by Ann Zaslow-Rethaber
Scoop.it!

5 Sales Trends COVID-19 Has Accelerated That Are Here To Stay

5 Sales Trends COVID-19 Has Accelerated That Are Here To Stay | ISC Recruiting News & Views | Scoop.it

When COVID-19 first hit the United States in March, many sales organizations thought the adjustments they had to make would be temporary. But as the crisis continues, it’s becoming increasingly clear that many of the changes brought on by the pandemic will be permanent.

Mary Shea, Principal Analyst at Forrester, addressed this in a recent Sales Hacker webinar.

Many, if not most of these trends were already in play before COVID hit… I thought these trends were going to play out over the next 24 to 36 months, but now I think they’ll play out over the six to 12 to 18 months.

Here are five significant sales trends that are here to stay and are only being accelerated in their adoption due to the current environment.

Listening to Your Customers Has Never Been More Important

Sales has always been about paying attention to your customers’ needs, but the current situation has made listening paramount. In LinkedIn’s recent State of Sales report, they revealed that the top trait buyers wanted from salespeople was active listening.

However, sales managers often don’t prioritize this trait when hiring salespeople.

While it’s the most desired trait that buyers want, it didn’t even crack the top five characteristics sales managers require from their sales teams.

Mary Shea said active listening is even more important in the current climate because the opportunities for listening to buyers face-to-face have disappeared.

We’re not walking the halls of our corporate clients anymore,” Shea said on the webinar. “… You’ve got to roam the digital halls on social, right?

One way we can demonstrate that we’re listening to buyers and are trying to fulfill their needs is to speak their language.

Every company has its own corporate word culture. When we talk with the buyer, we should frame the solution in the customer’s corporate language, not ours. When we talk about our solution, we should use the word that our buyer uses internally to discuss their priorities and strategy.

So, do your research. Learn your buyer’s language, and make sure they’re feeling heard when you talk with them.

The Difference Between Inside and Outside Sales is Disappearing

The distinction between inside and outside sales is becoming less obvious. “You’re already seeing folks remotely closing seven-figure deals,” according to Shea.

Sales Hacker’s Scott Barker put it this way,

Field sales teams have always hung their hat on, ‘No, no, no — you can’t sell this digitally. For six-figure deals, we need to go shake hands.… It’s being put to the test. Can it all be done digitally?

Some of our customers at LinkedIn have been closing huge deals without ever meeting buyers in person.

And while there are some sectors where the complexity of the solution will require on-site visits, as long as businesses have needs to solve and sellers have solutions to those issues, big deals will continue to happen — whether it’s in-person or in a virtual environment.

The ROI Component of the Deal Is Essential

Right now, we’re seeing budgets cut at about 50% of companies. That means a large number of your potential customers are struggling with budget.

So, when your buyers are in this position, trying to sell them on your product or service’s vision and dream isn’t enough.

Our litmus test is, would this pass muster with the CFO?

In today’s world, that isn’t just a hypothetical. In the webinar, Scott Barker said that sales professionals are seeing more CFOs from the buyer side joining sales calls. He said…

It’s kind of a double-edged sword. If you’re doing the right things, that’s awesome, because no one can move a deal faster than a CFO. But if you’re doing the wrong things… that (deal) is going to get blown up very, very quickly.

Sales Professionals Must Act as Advisors

These days, it’s not about winning the deal every time. Of course, we want to win more than we lose, but these interactions are also about earning respect, trust, and ultimately referrals by offering useful advice and acting as a trusted advisor.

It’s not hard to imagine that in the near future, we may have reviews of individual sellers posted by buyers online, similar to reviews of business software offered by platforms such as G2 Crowd.

In the webinar, Barker had this to say…

“[Reviews of salespeople] would reinforce all the good behavior, right? It would hold people really accountable. It also empowers the buyer and the seller. If you’re doing the right things, and you have done your homework, and you’re an industry expert, and people are raving about you, then when you ask for that meeting, people will take one look and say, ‘Yeah, of course, I’m going to learn something.’”

The Buying Committee Grows Increasingly Powerful

It’s no secret that buying committees are growing larger. There are more decision makers and influencers in every deal than ever before, and the trend isn’t likely to stop anytime soon.

But this has caused another change that few people saw coming. As buying committees grow, we’re also seeing turnover increase as well — beyond the typical 20% of annual decision maker turnover.

In the current climate, sales professionals need to be more effective at multithreading and building relationships with as many members of the buying committee as possible.

As Shea put it in the webinar, “I will say the days of the single-thread buyer and the lone wolf seller are well behind us now.

Prepare for The World of Tomorrow

In such turbulent times, no one knows what tomorrow will bring, but one thing is clear. The salespeople and businesses who keep track of the trends and adjust to their buyer’s needs will come out ahead.

So keep an eye on the winds of business, and keep your business sailing through the storm.

No comment yet.
Scooped by Ann Zaslow-Rethaber
Scoop.it!

9 Critical Beliefs of a Confident Salesperson

9 Critical Beliefs of a Confident Salesperson | ISC Recruiting News & Views | Scoop.it

One of the variables to success in sales is self-confidence. You create a sense of certainty for your clients when you are convicted about who you are, your ability to help produce better results, and the advice you provide them. When you are not confident, you create a sense of uncertainty, your contacts wondering if they are taking too great a risk buying from someone who isn’t sure of themselves.

 

  1. I am a large part of the overall value proposition. Your prospective client is deciding who to buy from according to the experience they have sitting across the table from you, engaged in a conversation about change. The way that they’re judging your company and your solution is through that conversation. Your ability to successfully engage in a conversation that creates value for your client is what generates a preference to work with you and buy from your company. This makes you a rather large part of the value proposition.
  2. I believe that I belong at the table when my prospective clients are considering a change. One of the factors that provide an immense amount of confidence is believing that you deserve the right to sit at the table when your clients or prospective clients discuss the kind of change you can help create. When you recognize that the value you create by engaging in this conversation can help them solve their problems, address their challenges and take care of new opportunities that will improve the results, you recognize how important it is that they consult with you before making any decision. If your presence would provide a better outcome, you should have the confidence that you deserve a seat at the table.
  3. I believe that I can help my prospective clients identify areas where they may be able to improve the results, even when those better results are unknown to them. When you have the business acumen and situational knowledge that allows you to see areas where your prospective clients can improve, you can act with certainty in pursuing a meeting, knowing that the conversation will allow you to find an area where better results are available to them.
  4. I believe that I can create value for any contact who will provide me with an opportunity to meet with them. The operative words here are prospective clients. When you know for sure that you are going to be able to create value for your prospective clients, even if it’s only perspective that helps them understand some variable component of their business, they will leave the conversation with some new possibility.
  5. How I sell is a greater factor in winning deals than what I sell. When you know how to sell using a modern, consultative sales approach, you recognize the advantage that you have over your competition in the position you occupy for your prospective client. When you are playing the game at a different level, your approach is the defining, differentiating experience that allows you to win over your rivals.
  6. My experience allows me to recognize patterns and quickly understand some of what I might need to teach my prospective client to compel them to change. This is a very difficult dichotomy. Your experience may allow you to recognize a pattern long before your client is aware of their challenge. At the same time, you need to provide your prospective client with the experience of discovering the need to change and the better outcomes available to them. Most of your situational knowledge is subconscious, picking up the patterns without recognizing that you are doing so. This provides a very high level of confidence.
  7. Because I have sold the outcomes I help my clients produce many more times than my prospective client has decided to buy those results, I am the one who should lead the conversation. This idea is very similar to belonging at the table with your clients and prospective clients. Not only should you be there to give them advice, but you should also offer them advice on how to decide to change, what options they should explore, how to manage the internal process, and how to ensure they achieve the outcomes they need.
  8. Because I’m a consultative salesperson, I am a peer to any contact sitting across a desk for me. If you do not believe that you are a peer, you believe that you are less than that. The desire to become your client’s trusted advisor means that as it pertains to the outcomes you sell and produce for your clients, you are more knowledgeable than your party across the table. Confidence in sales comes from not believing that you are inferior to your prospective client, nor should you be servile or overly deferential. You believe you are a peer, and your client will feel like you’re a peer.
  9. The information I share with my clients is valuable enough to them that they would have to pay a consultant to obtain a similar set of insights and experiences. At some point, you will walk out of a sales call and recognize that you just provided your prospective clients with insights and ideas that are worth hundreds of thousands or millions of dollars. You may discover that you’ve done this in an early conversation exploring change and because you haven’t won their business, you’ve delivered value a consultant would charge for without providing the solution. The fact that you can provide that kind of value gives you the confidence necessary to sell and win big deals in B2B sales.

 

Your confidence is one factor in providing your prospective clients to buy from and take your advice, and isn’t something you are going to learn in sales training. You have to work to get this for yourself. If you lack any of these beliefs, working to gain confidence in those areas will improve your approach and your results.

No comment yet.
Scooped by Ann Zaslow-Rethaber
Scoop.it!

Stop Asking About Past Quota Attainment in Sales Interviews

Stop Asking About Past Quota Attainment in Sales Interviews | ISC Recruiting News & Views | Scoop.it

If a salesperson hit quota at their last job, they’re much more likely to hit quota at your organization, right?

Not so fast.

According to statistics from our sales professional user base here at RepVue, only 46.7% of sales professionals globally are achieving quota. And it’s even fewer in software sales organizations.

It turns out that quota attainment has become the exception, not the rule.

So that tried and true approach of, “Walk me through your attainment over the past few years,” is not only uncomfortable, it can turn the interview into a dance of half-truths and excuses.

And that’s not where hiring managers should be spending their time during the candidate evaluation process.

Where Hiring Managers Get Off-Base

As someone who has hired sales professionals for over 15 years — both as a sales leader/hiring manager, as well as a consultant helping start-ups with their early-stage sales hires — I made the decision a while back to stop asking candidates about their quota attainment in prior roles.

I didn’t make this decision because quota information was difficult to get. And it wasn’t because I believed they didn’t achieve quota if it wasn’t on their resume. I stopped asking because of a more important reason: I don’t care if the candidate hit quota in their last job.

That’s right. I don’t care. And if you’re a hiring manager, you shouldn’t care either.

The Question of Quota

In today’s market, if a candidate missed quota in their most recent sales role, it likely doesn’t have much, if any, bearing on whether they can hit quota in the role they’re applying for.

What hiring managers should care about is if they can hit quota in THIS job.

So, hiring managers, let’s stop wasting time trying to determine if the candidate hit quota in the past. Put all of your effort and energy into something much more important — asking questions to determine if the candidate has the potential hit quota in this, their potential future role.

This task isn’t easy, but if you truly believe the candidate’s selling skills are a fit for your organization, you’re already doing better than most hiring organizations. And if you can find that perfect fit, they’ll likely be set up to crush their quota in your organization regardless of whether they hit quota in the past.

6 Key Fit Factors When Hiring for Sales

So, how do you uncover if that perfect fit between the candidate and your organization exists? Let’s start with 6 critical fit factors that you can dig into during the interview process.

Is the role primarily an outbound or cold-calling role?

If you ask your new hire to make 60 cold calls a day when they’ve never made more than five in the past, they’re going to have a hard time succeeding.

How does the candidate’s sales methodology align with the vision of sales leadership? Does the candidate subscribe to, or have they been trained in, any specific sales methodologies? Their sales style should fit with the culture and vision your sales leadership is trying to instill.

How transactional is your sales process? A highly successful sales professional, closing 3 deals for $250k per year, may struggle transitioning to hitting that same size quota via 40 deals with a much smaller AOV. The deal cadence, or pipeline velocity, needs to fit what the candidate is comfortable with.

How does the candidate learn? Do you have a training program that will support them in the way they prefer to learn?

Is there an issue between big company vs. start-up dynamics? Many candidates who thrive in the chaotic world of a start-up would run screaming for the exit after a week at a company with 5,000 reps. And the same goes for a candidate who’s used to the formal structure of that 5,000-rep sales organization. They will struggle as the first sales hire for your start-up.

What about inside vs. outside sales? Has the candidate only thrived in roles where they’re in front of the customer or prospect? If your process is primarily phone-based, that’s potentially an issue. They should have experience in the type of selling you focus on.

It’s important to remember that if there isn’t a fit for some or all of these factors, it doesn’t make this sales professional a bad hire. However, they may certainly be a bad hire for YOUR organization.

There will always be areas that you’ll need to compromise on, but don’t rush to fit a square peg in a round hole. Know what those areas of concern are upfront, be open about them, and manage against them.

On the flip side, it’s as important for the candidate to deeply understand your organization as it is for you to understand the candidate. This can only happen when the hiring organization and manager practice extreme transparency during the interview process.

How to Discover “Fit”

The first place to start is to allow more time for questions in all phases of the interview. Try setting aside a separate call for key candidates for THEM to ask questions.

Provide important resources up front, after the candidate gets to a certain stage of the process, like:

  • A sample comp plan structure
  • An org chart
  • Details on territories
  • Quota capacity vs. TAM

All of this information is designed to allow the hiring manager AND the sales professional to determine if they’ll be successful in that role, hit their targets, and advance their career. Both parties need to be equally confident that this partnership will work out, as both parties have a lot at stake.

No comment yet.
Scooped by Ann Zaslow-Rethaber
Scoop.it!

Key Skills Every Sales Manager Needs

Key Skills Every Sales Manager Needs | ISC Recruiting News & Views | Scoop.it

Sales managers, do you feel like the most underappreciated employee in your organization? That may be because you are lacking the key skills every sales manager needs. How can you focus on developing these skills when you’re supposed to manage your reps? It’s not as hard as it sounds.

 

A sales manager must balance the needs and goals of the department with what each individual rep needs. These competing interests are not mutually exclusive. Good managers must lead, coach, keep their eyes on their numbers, hire and manage up, as well as down. To achieve all this, try focusing on the following key skills.

Leadership

People want to know that what they do on a daily basis matters. While sales professionals might occasionally hear praise from prospects and clients, they also want to hear good news from their managers. Our Voice of the Sales Rep survey indicates only 37% of sales professionals say their manager is positive and encouraging and 36% say their manager holds everyone accountable for work performance. All too often, reps are not feeling the love from managers. They tell us their manager, “Micromanages everyone’s work,” “Doesn’t give me the credit I deserve,” or “Sets unrealistic goals.”

 

Sales professionals also don’t want to feel like they never left middle school. Your team members expect to be part of a professional organization. They hope you’ll treat them with respect. Our data shows that only 25% of reps can count on their manager not to play favorites. And only 24% say their manager acts as a role model for how the manager should act. These statistics should be a heads up for managers. You don’t need special skills or training to be a role model. Just be mindful of your actions and how team members might interpret them. If you’ve been taking some people out for lunch, but not others, change your behavior. If you haven't been praising your team members for trying, set aside five minutes every day for that task.

Coaching

Steve Martin, a faculty member at the University of Southern California Marshall School of Business, says, “Great sales leaders understand that there is a diversity of selling styles by which salespeople can achieve success. Therefore, they don’t employ a one-size-fits-all coaching style.” One skill you need to develop is the effective use of coaching materials.

 

In our Voice of the Sales rep survey, 20% of sales professionals say they would benefit from more one-on-one coaching. We all know that coaching, especially if it’s personalized, is time-consuming. For example, if one of your reps is struggling with discovery, they probably won’t benefit from a coaching session on networking. And a rep who’s doing well with everything except closing, really needs more ideas and coaching on that critical part of the sales process. But you’re stretched too thin to deliver this kind of coaching to every person on your staff.

 

That’s why we developed SalesFuel COACH. With that tool, sales managers can assign the quick coaching assignments that apply to a rep, based on assessments they’ve taken. After a rep reads an article or watches a video on an assigned topic, they can discuss it with you and ask clarifying questions. This process allows you to develop key skills every sales manager needs.

Hiring

Similarly, good sales managers must also be able to hire great sales reps. If you aren’t able to attract quality candidates, the rest of your team may lose enthusiasm. Too often, sales managers treat hiring new reps as a chore they must endure. If you approach this task with the right mindset, you can strengthen the organization and the team’s ability to make its numbers.

 

One mistake I frequently see is a rush to hire. In this competitive economy it’s tempting to bring any candidate who seems reasonable on board. The problem with this philosophy is that you might make a mistake that you’ll regret for a long time.

 

Our survey numbers indicate that the typical sales manager experiences 37% turnover every year. If you’re managing ten reps, you can plan on replacing at least four of them. And, that’s if you’re having a good year.

 

If you’re like most managers, you rely on networking (56%), employee referral programs (52%) and job boards (49%) to find qualified candidates. That’s one of the key findings in our Voice of the Sales Manager survey. There’s nothing wrong with these approaches to locating candidates. It’s the next step in the hiring process that leads managers in the wrong direction.

No comment yet.
Scooped by Ann Zaslow-Rethaber
Scoop.it!

How To Better Sell Yourself In A Sales Resume

How To Better Sell Yourself In A Sales Resume | ISC Recruiting News & Views | Scoop.it

Writing a resume can be an intimidating task, even for experienced professionals. It’s basically a self-advertisement that must be perfect and catch a recruiter’s eye within seconds. The pressure alone can make some people shy away from writing a resume and stay in a job that hasn’t challenged them for years. Check out some of the simple tips the best sales resume writers use to dramatically increase their chances of scheduling the first interview.

Stating the Obvious

Although it might seem obvious to anyone who has ever written a resume, spelling and grammar must be perfect. If it’s not, the recruiter may conclude the applicant is just a careless person. He or she may also question the applicant’s writing skills. While this skill is important in all jobs, it’s especially crucial for salespeople who frequently contact prospects and customers by email. A recruiter will quickly discard a poorly written resume for this reason. It’s a good idea to have someone else proofread the resume for typos, grammar, and spelling errors.

 

Avoid Sending a Generic Resume


Drafting, writing, and proofreading a resume takes a lot of time. However, that’s no reason for applicants to send the same resume for every job opening that interests them. A resume must be tailored to the position and the company before a recruiter will even read it. If it’s generic instead, it can send the message that the applicant has no interest in a specific job but will accept any job. It’s essential for applicants to demonstrate why they are a good fit for both the open position and the organization.

 

Mistakes to Avoid When Preparing a Resume for a Sales Job

 

Writing a resume for a sales job requires job seekers to include unique information. Below are two common mistakes for sales professionals to avoid if they want to receive a callback:

 

Failing to provide annual sales accomplishments: A recruiter for a sales position is looking for evidence that proves the applicant achieved specific accomplishments in a past sales role. For example, highlighting information such as percentage to quota, award received, and rankings will catch a recruiter’s eye far more than listing general job duties.

No comment yet.