Sales Executive Peer Group September 12, 2009 Sales Executive Peer Group September 12, 2009
© The TAS Group Agenda Situation Analysis The Evolution of Sales Effectiveness The Landscape Open Discussion Situation Analysis The Evolution of Sales Effectiveness The Landscape Open Discussion
© The TAS Group Situation Analysis
Why do companies purchase Sales Methodology? © The TAS Group
© 2008 – ES Research Group – ESResearch.com The Research 1.The average tenure of a VP of Sales is 21 months. 1 2.Depending on the industry, 25 to 33% of sales people are unsuited for their job % of companies surveyed do not have a sales performance measurement program in place. 2 1 CSO Insights, ES Research Group, Inc., 2007
© 2008 – ES Research Group – ESResearch.com The Research 4.Only 37% of companies report forecast accuracy is greater than 50%. 1 5.Only 43% of companies responding said they had a formal sales training program. Of those, only 50% provided sales skills training. 3 6.In 2006, 38.5% of salespeople missed their annual objective. Turnover among salespeople last year was 40%. 4 1 CSO Insights, DePaul University Study, Sales Benchmark Index, 2007
© 2008 – ES Research Group – ESResearch.com The Research 7.51% of sales organizations feel that marketing needs to improve the quality and quantity of the leads they are providing to reps. Another 32% feel that they are only adequate. 1 8.More than 80% of deals lost are due either or both of: 2 –Ineffective qualification –Lack of sales process and planning 1 CSO Insights, ES Research Group, Inc., 2007
© 2008 – ES Research Group – ESResearch.com The Research: Conclusions ↑ Sales effectiveness is trending downward (or level at best). ↓ Buyers are increasingly savvy ↓ Competition is increasingly relentless ↓ Commoditization is increasingly prevalent Think: “Survival of the fittest.” It’s appropriate.
© The TAS Group We're Effectively Not Selling ! The 'State of the Union' Address for Sales Effectiveness
© The TAS Group The Evolution of Sales Effectiveness
Sales 2.0: The Learning Landscape is Changing Traditional Teacher-centric Classroom General Days out of the field Structured Sales 2.0 Learning-centric Anyplace, anytime Contextualized Hours or minutes Flexible This accelerates the progression from sales methodology knowledge – to application of learned expertise – to revenue growth impact. 11
© The TAS Group The Landscape
© 2008 – ES Research Group 4. Rebuild or Replace Methodology and Processes 5. Build or Repair Tools, Infrastructure, Support Selling Methodology Must Come First
© The TAS Group
Open Discussion
Resources The TAS Group Sales 2.0 Network ES Research CSO Insights S.A.M.A. (Strategic Account Management Association) The TAS Group Sales 2.0 Network ES Research CSO Insights S.A.M.A. (Strategic Account Management Association) © The TAS Group
© 2008 – ES Research Group – ESResearch.com Special Promotion For 50% off the ESR’s 2008 Sales Training Vendor Guide ESResearch.com/STVG Use promotion code: TAS