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Colorado Emerging Ventures Building for Growth: Building and Managing Your Sales Team Steve Parry Sandler Training by Sales Productivity Consultants
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Agenda A look at traditional sales management How the sales person may see it The 5 Keys to Sales Management Success Close
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3 “Wing it” 2 weeks training Product training Traditional System Hire
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4 Traditional System Pipeline Top Guy Tells How He Does It Unproductive Hire Weekly Meetings
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5 Traditional System Call Reports Don’t Manage Behavior Hire Weekly Meetings Manage the Numbers
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6 Traditional System Never Enough Time Hire Weekly Meetings Manage the Numbers Run Ragged
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7 Sales Rep’s System Everything’s Great We’re Dead Forecast Slip I’m Working Hard Mislead
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8 Sales Rep’s System Rescue Me! I Need Help To: Run My Call 4Write My Proposal Discount 4Do My Forecasts Call My Customer 4Do My Paperwork Speak to Service 4Do My Presentation Deal with Admin Mislead Delegate (To Sales Mgr.)
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9 Sales Rep’s System àLost bid/quote/account Didn’t do Reports àNo new business Missed Forecast àI’m Too Busy Your Fault Managing Accounts Economy Mislead Delegate Excuse Factory (Not My Fault)
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10 Sales Rep’s System Mislead Delegate Excuse Factory Fox Hole Need Better Brochures No Time to Prospect Need Product Knowledge “Got a Hot One” Hide/ Lay Low On “Safari” Give me Accounts Need Bigger Territory
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11 1 23 ACCOUNTABILITY DEVELOPING MOTIVATING SALES MANAGEMENT TOP 5 MOTIVATING 4 GROWING GROWTH 5 RECRUITING
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12 SALES MANAGEMENT TOP 5 1 RECRUITING
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13 Can sale people help you achieve your company goals? RECRUITING
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14 Most Companies: Place an Ad Review Resumes Schedule Interviews Make Hiring Decisions RECRUITING
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15 1 2 IDENTIFY FLAWS IDENTIFY REQUIREMENTS WE RECOMMEND
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16 3 WRITE THE KILLER AD WE RECOMMEND 4 SOURCE USING TOP SITES 5 USE AUTOMATION
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17 6 78 ASSESS CANDIDATES MORE AUTOMATION THE PHONE QUALIFICATION WE RECOMMEND 9 1 ST INTERVIEW 10 FINAL INTERVIEW
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18 11 12 JOB OFFER 1 ST 90 DAYS HANDOFF WE RECOMMEND
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19 1 23 DESIRE COMMITMENTOUTLOOK CRUCIAL ELEMENTS FOR SUCCESS 4 RESPONSIBILITY YIELD GROWTH POTENTIAL = INCENTIVETOCHANGE
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20 1 23 BUY CYCLE APPROVALEMOTIONS 5 MAJOR WEAKNESSES 4 MONEY 5 RECORD COLLECTION
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21 2 ACCOUNTABILITY SALES MANAGEMENT TOP 5
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22 Sandler System Company’s Mission/Vision Your Mission/Vision Goals—Individual/Team/Org. Strategies Tactics Plan
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23 1 2 QUALITY QUANTITY PIPELINE – GOLD OR COAL?
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24 1 23 QUALITY QUANTITYVISUAL PIPELINE – GOLD OR COAL?
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26 See the Stages
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27 See the Stages
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28 1 23 QUALITY QUANTITYVISUAL PIPELINE – GOLD OR COAL? 4 BALANCE
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29 See the balance
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30 1 23 QUALITY QUANTITYVISUAL PIPELINE – GOLD OR COAL? 4 BALANCE 5 MOVEMENT
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32 3 Developing SALES MANAGEMENT TOP 5 Developing Accountability to agreed upon activities exposes areas of potential development
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33 3 Developing SALES MANAGEMENT TOP 5 Developing Training Build awareness Develop knowledge Create the skill Coaching Assure application of knowledge and skills Address conceptual issues Mentor Be the role model
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34 4 MOTIVATING SALES MANAGEMENT TOP 5
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35 4 MOTIVATING SALES MANAGEMENT TOP 5 If you: Hire the right people Hold them accountable to agreed upon goals Demonstrate a commitment to develop them You’ll have a motivated team
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36 4 MOTIVATING SALES MANAGEMENT TOP 5 As a manager: You can do more to DE-motivate than to motivate
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37 4 MOTIVATING SALES MANAGEMENT TOP 5 As a manager: You can do more to DE-motivate than to motivate Example: Sales meetings that: Aren’t relevant Attack group performance Single out individuals for critique
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38 4 MOTIVATING SALES MANAGEMENT TOP 5 Create Positive Stress vs. Negative Stress Have your team develop 2 lists - What can they control - What they can’t control Focus on the first list only Create daily activities
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39 SALES MANAGEMENT TOP 5 5 GROWING Growth Look for 3 types of growth My people better this month than last month I can successfully add new people Profitable revenue is increasing
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40 SALES MANAGEMENT TOP 5 5 GROWING Growth Only Two Ways To Get Revenue: New Accounts Existing Accounts
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41 SALES MANAGEMENT TOP 5 5 GROWING Growth Measure Behavior/Results Margins Reward Compensation Incentives
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42 Help Your Company Emerge Stronger Have the right people in the right sales/sales management roles Gain your sales team's commitment and buy-in to work harder, be tougher and do what it takes in these more difficult times Perform a pipeline analysis and work the pipeline
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43 Help Your Company Emerge Stronger Create the necessary infrastructure. This includes: An appropriate sales process An appropriate recruiting process Sales management systems Develop the salespeople on process, skills and overcoming their weaknesses.
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44 1 23 ACCOUNTABILITYMOTIVATING SALES MANAGEMENT TOP 5 MOTIVATING 4 GROWING 5 RECRUITING COACHING
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45 1 23 DECISION “BE THE BEST” EVALUATE SALES FORCE RAISE YOUR EXPECTATIONS HOW TO UPGRADE 4 RAISE THEIR EXPECTATIONS 5 HOLD THEM ACCOUNTABLE
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Colorado Emerging Ventures Building for Growth: Building and Managing Your Sales Team Steve Parry Sandler Training by Sales Productivity Consultants 303-568-1500 www.salesproductivity.sandler.com
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