The Center for Sales Strategy Blog

We hope you had a relaxing and safe long weekend last week. We certainly did! This week, we came back refreshed and wrote about a variety of topics. We wrote about different kinds of salespeople, concentration, motivating prospects, and managing your expectations regarding inbound marketing.

The Center for Sales Strategy Weekly Wrap-Up

• On Monday, Mike Anderson told us that we suceed in sales, but we have to concentrate. More options is not better.

• Tuesday, Harry Tomasides asked us what kind of salesperson we thought we were, and gave us a series of interesting questions we should ask ourselves to give ourselves a gut check.

Over the last month I read four articles that kept coming back to the same theme: The impact technology is having on traditional sales organizations.

Consider this:

1. Procter & Gamble recently announced that by the end of 2014 they want to buy 75% of their U.S. digital media programmatically—and just to make sure we’re on the same page here, programmatically means untouched by human hands.

2. Publisher Conde Nast announced it was merging programmatic and direct sales together.

3. Andrea Mitchell, in a piece on bizcommunity.com, said “It is predicted that programmatic media buying will soon replace all traditional ways of media planning and buying—not just for digital, but for all media channels.”

4. While showrooming has had a tremendous impact on retailers, human interaction still matters. It is still a vital driver that explains why, in certain cases, consumers still prefer to purchase products in-store versus online. For example, a 2012 Nielsen poll indicated that 69% of its respondents thought in-store purchases were "most reliable," and 68% said it was the "easiest" and the "most convenient" way to shop. 

Recently, I had the chance to observe a sales meeting where all of the current revenue initiatives of a company were being reviewed by management. And there were lots of initiatives. There were incentive programs, inventory priorities, special promotions, new product introductions, price-point packages, and a new website and workflow system to support all of the above. 

The point of management was obvious: “You have so many different things to sell, how can we possibly not hit our numbers?!”

But what the sales team was hearing was also obvious: “You have given us so many things to “focus” on, how can we possibly hit our numbers?!”

Look, I know I’m not going to—nor do I want to—talk anyone out of innovating new products, promotions, and sales ideas for their team. But I think it would be smart to reflect on the rules of concentration of force.

The 4th of July is a great holiday. Think about it. It's a holiday that involves spending time with people you love, eating food fresh off the barbecue, and, if you're lucky, going swimming in the nearest body of water. There's very little in the way of expectation in terms of gifts (at least, nothing beyond a six pack or some coleslaw) and everyone is generally in good spirits.

Which got me thinking. There's a lot to celebrate this 4th of July.

Some of the things we're celebrating this 4th of July include:

1. Freedom

Our Founding Fathers fought for our nation's independence while wearing wool (and wigs!) in July. Today, we're connected to each other through the power of technology. We can meet with anyone, anywhere, virtually. We can work from any location. Technology frees us from commuting as well as ensures we can communicate more efficiently. Today, too, we can celebrate freedom from technology. So, put down the phone, step away from the computer, and get offline.

2. Loved Ones

The long weekend means we get to take time with the people who matter most to us: our family and close friends. Enjoying a long weekend with your favorite people lets you appreciate why you work so hard the rest of the year. Make the effort to ensure the time you spend with family is quality time.

Sales staff turnover is expensive. I’m not telling you anything you haven’t heard many times before. The Center for Sales Strategy published an ebook on this subject last year, revealing for many just how many different line items—and how many hidden costs—are driven up every time a salesperson departs, whether on their own or at your behest.

So I’m not out of line to ask: If so many sales managers are so aware that turnover is a giant expense undermining effectiveness and profitability, why don’t they take more measures to reduce turnover? Here’s what a smart manager would do—and what his savvy boss would require—to reduce sales staff turnover and bring the velocity of that revolving door down to a crawl.

1. Hire the right people in the first place.

Seems so obvious it’s hardly worth mentioning. But on this very day, sales managers across the globe will make more bad hires than good hires. That same ebook offered several steps that can help companies reverse those crummy odds. Follow them! The result will be alignment—alignment between (a) the talents, habits, preferences, and inclinations of your salespeople and (b) what you need them to do in order to be successful in your organization. If you have employed such people in the past, you know how delightful it is that you don’t have to hound, bribe, or threaten them to take the right actions. Having such a person on staff need not be the rare exception. If you use a validated talent assessment interview to select your sellers, your staff could be composed largely of people who are in near-perfect alignment with your needs and expectations.

2. Hire the right managers for them.

Clients of The Center for Sales Strategy know that it’s more important to know your prospect than your product, and that well-defined needs lead to the most dramatic revenue opportunities. But finding customer needs is not enough.

What you’re looking for is an assignment.

The Difference Between a Need and an Assignment

A need is a way you can help (and chances are, you’ll find a lot of these). But an assignment is an important need for which the client has said they want your help. 

Consider narrowing the list of needs to the client’s most urgent and important priorities in order to sell bigger with questions like these: 

• “We’ve talked about a lot of areas where it sounds like I could be of help to you. If you had to narrow it down to one or two priorities that are important right now, which would they be?” 

• “If we could only focus on this list of needs by working on one thing at a time, which item would come first?”

I see more and more companies investing in their future by focusing on the next generation of leaders, the up-and-comers who they expect to drive corporate growth in the years, even decades, ahead. These companies are adding more people to their corporate staff to build programs and experiences that grow hard and soft skills (you know, mid-level managers go away for a few days, several times a year, to learn how) as well as to create mentoring programs and to provide opportunities that allow future leaders to emerge.

But once they're trained to lead, do they have the opportunity to implement what they learned?

Often, the answer is no. They're not allowed to lead. Consider the irony. At the same time that I see so many firms spending all this time and money on training future leadership, I see too many of them pulling decision-making away from their managers—removing the need for these leaders actually to lead. The irony is painful to observe.

Workshop experiences and mentoring programs go only so far. If you want managers to make good decisions, the first step is to let them make decisions. And too many companies are going the other way—transferring decisions to corporate staffs such as HR or Legal, defaulting to various algorithms, or just replacing field decisions with standardized responses listed in a rule book.

This is a very dangerous pattern. Managers with prodigious potential and tons of training, but no decisions to make, atrophy. Not only do they not hone their decision-making abilities in the real world, they lose confidence in themselves and interest in the job. Those that don’t seek a better position elsewhere simply learn how to hide behind the cape of their corporate Superman or Superwoman. 

This week's posts touched on a lot of things: easing writer's block, helping with our online brands, mosquitos (!!!), and the reason people won't give us the time of day. Enjoy the variety!

The Center for Sales Strategy Weekly Wrap-Up

• On Monday, Dani Buckley helped unstick my writer's block by teaching us how to create lead-generating headlines for blog posts. Bookmark it, and refer to it when you can't think of something to write about.

• Tuesday, Greg Giersch taught us three ways we could build (or batter) our online reputations. I know I learned something about my brand, did you?

The short answer:  There’s never enough of it.  (Time, that is.)  But the more elaborate answer will help you get prospects to make time to see you.

It’s important to understand that people don't grant appointments based on whether they have the time.  (Not the ones worth seeing, anyway.) They allocate their time to people who they believe have the capacity to understand and help with their priorities.

So the question becomes, how can you figure out, in advance, what some of those priorities might be?  Their company priorities are likely to be conspicuous at the company website (look on the home page, the press/news release page, and in the annual reports or investor section of the website, if that applies to this prospect).  You might find some insights as to the prospect’s professional priorities by snooping around on their LinkedIn profile, or other networking sites.  And perhaps their personal priorities might be clear when you look at their Facebook, Twitter, or other social sites.   Finally, dig around for some industry news or consumer trends that might be relevant to this prospect… and dig for other research that speaks to challenges they might face or opportunities they may have.

If the prospect matters, it’s worth your time to figure out what matters to the prospect.  Find their priorities, and they’ll find the time of day.