Posts Tagged ‘coaching tips’

4 Situations to Avoid for Sales Training

Friday, June 4th, 2010

1. Training is done in the midst of turmoil.

Many times I have talked with senior sales managers who say something like, “We’ve just had a layoff / reorganization and we think our regional managers need to learn some team building / change management / motivation so they can help their reps be more positive.” When I hear this, I cringe.

People have difficulty learning when there is great change and emotional upheaval all around them. I have found that managers often greet management training at this time with great skepticism if not outright cynicism.

Tip: Implement sales training when things are going relatively well (before serious problems arise). It works best as a long-term approach to prevent problems and build organizational strength and not nearly as well as an after-the-fact crisis fix. If you are in the midst of problems now and your sales managers need help, first make sure operational issues such as new processes, policies, etc., are well discussed with them and your time frames for change are realistic. After confusion, frustration and emotional upset have died down, sales management training can start to be effective.

2. Sales training objectives are not clear.

When I talk with companies to see what they want from management training, I ask, “How will you know the training was successful?” Most often, the response is that they’re looking for improved closing ratios, more accurate forecasting, higher productivity, etc., but they’re not really sure how to determine the success of the training.

Tip: So many factors beyond sales training impact these issues that it may be better to focus on activities that can be tracked. For example, if your company wants better, or more cold calling, what activities would demonstrate that? One might be having managers conduct regular team meetings that a. have an agenda, b. include everyone in the discussions, and c. produce written summaries. This can be specifically trained, readily observed and easily assessed. And it will improve communication.

3. There is no follow-up after the training.

Managers attend a training session, work diligently throughout, go back to work and then-nothing. No more is said about the information by anyone. Why is this a problem? Shouldn’t we expect adults-especially those who have demonstrated a higher level of capability such as managers-to just take the information and put it into action? Unfortunately, training doesn’t work that way. But it appears that most companies have exactly this expectation.

It is well known by psychologists, teachers and training professionals that repetition is key to learning. This means re-visiting and re-stating a given block of information several times in different ways to help remind participants of key points and reinforce their importance. Most follow-up after training today is given 6-12 months after the original program. Certainly, that helps but it is also well-known that reinforcement of learning must be immediate to have the most impact.

Tip: Send training participants a short written summary, then perhaps a quiz, then a brief example of how someone has or could use the training once a week for three weeks after training. These are re-statements that reinforce the information. Then, you should have brief follow-up discussions with training participants over the next two months.

4. Sales managers are not held accountable to improve their performance after training.

After spending significant money on training their managers, most bosses never ask them two simple questions: a. “What will you do differently as a result of the training?” and, b. “When will I see it?” This is puzzling because managers are held accountable for so many other things-why not for performance improvement after a substantial investment?

Tip: It’s true that getting hard number results from management training is difficult because there are so many factors that affect a company (ie. turnover, productivity, etc.). But it’s still possible to hold managers accountable for their personal activities, such as holding team meetings, writing notes of recognition for employees and documenting problems properly, just to mention a few. It’s not asking too much of managers to demonstrate improved behavior after training, and these activities will help achieve desired results. Specific new personal activities can be made part of each manager’s quarterly or annual performance goals.

At the same time, companies must recognize that when managers attend a class and become enthused, they often return to their jobs and are confronted with catch-up work and fires to put out, as well as skeptical colleagues and subordinates who prefer to stick with the old, familiar ways. These are powerful discouragements that hinder any manager’s efforts to change. So there must be positive reinforcements when managers do show improvement.

Make sure your managers receive certificates of completion and that the training is noted in their files. Offer some additional percentage of their raises or bonuses contingent upon successful completion of the course and continued demonstration of certain behaviors. Provide enhanced eligibility for promotion, additional training and other perks. Whatever you choose to do, the objective is to make it valuable to them to change their behavior.

These four situations can be difficult to avoid but if you’re confronted with them, look for ways to minimize them, even if it’s only by some small measure. The good news is that anything you do to address these issues will add significantly to the value of your sales training.

Geoff Nichols is president of EDUCO and the author of the book, Taking the Step Up to Supervision, as well as numerous published articles on management. He can be reached at gnichols@educo-online.com or through the Website www.educo-online.com.

Why CRM keeps sales reps awake at night

Sunday, May 16th, 2010

There’s a long history of sales reps resisting CRM despite the advantages it offers. The problem is not just one for the sales department, though. If reps don’t use the system, the entire company is deprived of crucial customer information. CRM evangelizers should send a message that directly aligns the needs of the sales staff with the capabilities of the CRM system.

Although service is gaining in importance as the economy is forcing customer retention to the fore, sales has long been the dominant leg of the CRM stool. Many CRM efforts were spearheaded by sales, and in many organizations, the sales force automation functions of CRM software remain the only features that actually get used.

That said, sales pros continue to voice problems, concerns and worries about CRM. Although enthusiasm for using CRM has increased in the past two years — thanks to desperation brought about by the recession — many people in sales still view it as a necessary evil, at best.

Why is this? On a basic level, it’s a classic conflict at the place where humans and technology interact. The way CRM software operates and the way sales people operate are fundamentally misaligned. Here’s why: CRM software requires its users to follow a set process. Data must be entered in a set sequence, and updates must be made at set stages. This relative rigidity is the exact opposite of the way many sales people work; the idea of a process that one repeats in the same way in every case is totally alien to them. Each sale is different, and the ability to be agile instead of rigid is absolutely critical in the sales process.

Further alienating sales pros is the perception that CRM data is collected not for their benefit but for the benefit of sales managers. If using the technology in the diligent way it needs to be used results in reprimands from the manager when things are going less than optimally, why would the sales person enter that data?

 

The Entire Company’s Problem

These are the most common issues with sales people, but there are many others: the traditional resistance to change; the time “penalty” some sales reps associate with inputting data; and many others that are unique to specific vertical markets and to individual sales reps. These have been long-standing adoption speed bumps, and they were departmental headaches in the early days of CRM.

Now, however, as CRM data is being shared in every part of the enterprise, these are no longer headaches for the sales manager alone — they threaten to skew the understanding of customers across the entire company.

Sales’ full participation in a CRM initiative is critical, but trying to motivate sales people by explaining their role in the overarching CRM framework has never been effective. Their motivations are far simpler, and their concerns are far less abstract, than the ideas behind CRM. However, by understanding the things that concern them, it’s possible to shape messages about the importance of CRM in ways that relate to them.

Seizing the Moment

Sales people are always concerned about making their numbers. That’s only become more difficult during the recession, as quotas have risen and customers have become more frugal. CRM helps with this by making it possible to manage more leads in the same amount of time, and to have a fairly complete picture of the customer even before the initial contact. This picture only becomes clearer as sales people talk to potential customers — as long as the information garnered from these conversations is added to the record in CRM.

While the idea of building that customer picture over time isn’t necessarily appealing to the need for instant gratification common among sales people, CRM also enables things that bring immediate results.

Timing can be critical, and sales pros have had to cope with a natural delay between the detection of the activities that signal a readiness to buy and their ability to act on them. Modern CRM now includes technologies that watch for trigger activities and alert sales people in real-time to allow them to strike when the iron is hot, which results in substantially higher rates of closed sales.

Sales people worry about the tough but critical accounts but often feel like they’re going it alone. Sales reps don’t have the time to hear the minute details of difficult deals and thus lack enthusiasm for helping fellow reps crack the tough nuts — they simply can’t spare the time to digest all the details. CRM puts those details in a format that makes it easy to understand, and makes it far easier to help and be helped.

For sales managers, it’s critical to present these things as benefits that impact the sales people directly, personally and immediately. It’s critical that the CRM champion within a company help sales managers understand how to bring this message to the sales staff.

If a CRM solution provides a view of the customer, and sales people are its eyes, failure of the sales staff to embrace CRM will leave an organization blind to real customer conditions and concerns. Sending a message that aligns CRM’s capabilities with sales reps’ problems is the best way to open their eyes to CRM’s potential to help them, and to give the entire organization the ability to see what’s really out there.

CRM Buyer columnist Chris Bucholtz blogs about CRM at Forecasting Clouds.

 

Sales Closing Technique #8 of 13

Friday, May 14th, 2010

#8.  Concession Close

Use the Concession Close if you’re prepared to offer a price reduction. Before offering a price concession, ask the prospect, “If I can get this price for you, will you go ahead?” If the prospect says yes, get the price and immediately ask for the order. Note: If the prospect says no, he or she is not likely to buy at any price.

Useful with:  Expressive and Driver-buyer personality types

Example

• If you buy today, I’ll throw in a free…

• If you can give me the go ahead today, I’ll hold our old pricing for you.

• I can offer you free delivery on this particular model if you decide to go ahead today.

Sales Closing Technique #4 of 13

Thursday, May 6th, 2010

4.   Right Angle Close

You’re at the end of the sale and the prospect asks a question, the answer to which is positive. Instead of answering the question, you go right off at a right angle by saying: “If we can… (do that), will you… (buy) today?”

Useful with:  Driver and Analytical Buyer Personalities

Example

The prospect asks if she can have delivery by Tuesday. You know you have a warehouse full of the items and delivery is no problem. Instead of simply saying “yes” or “Tuesday delivery will be no problem” say:

If I can ensure you Tuesday delivery, will you be able to go ahead today?

Sales Closing Technique #3 of 13

Wednesday, May 5th, 2010

#3. Minor Point Close

Use where you don’t have an alternate choice to offer or when you don’t want to offer a choice.

Useful with:  Amiable and Expressive Personality Buyer Types

Example

• Which credit card will you be using?

• I suppose that you’ll want the red one then?

• I’ll arrange to have it there on Tuesday.

• You’ll want us to do the installation, of course?

Sales Closing Technique #2 of 13

Tuesday, May 4th, 2010

#2.  Alternate Choice Close

This classic close is often considered the most popular of closing techniques. It’s an easy way of asking for the order without asking them to buy. The idea is to give your prospect two logical choices. Whichever one they choose, they’ve said “yes.” Don’t use this close unless you receive strong buying signals. If you misjudge, the prospect may feel you’re trying to manipulate or rush him.

Useful with:  All buyer styles

Example

• What payment plan do you like—monthly or quarterly installments?

• Will the half-day or full-day of training work best for you?

• When would you like your service contract to start—at the end of your fiscal year, or at the end of the calendar year?

• Where should we send the order—to the main office or your warehouse?

• Will you be taking this with you or would you like it delivered?

• Which one do you prefer—the red or the blue?

• Will delivery on Tuesday suit you or would Thursday be better?

• Would you like us to do the installation or will you look after it?

Sales Closing Technique #1 of 13

Monday, May 3rd, 2010

There is no magic to closing. Closing is easy. In fact, it’s probably the easiest part of the process IF you’ve done all the rest of the sales process properly.

The closing techniques we’re going to share with you are all tried and tested. There are others of course but these are the main ones, the ones that are out there and that seem to work. Some techniques are used alone while others lend themselves to be combined together. Don’t worry how you mix and match them. They’re just words with a purpose, and that purpose is to ask for the business.

They’ll work if you use them. Not every technique is right for every sales situation or every salesperson. Sharp salespeople will find two or three that they are comfortable with and use them on a consistent basis.

1.   Assumptive Close

All closing techniques have an element of the Assumptive Close in them. In fact, we wouldn’t be attempting to close the sale at all if we didn’t assume the prospect was going to buy.

In the Assumptive Close, the salesperson assumes that the sale is made and begins to tidy up loose ends. This close is as much an attitude as it is a technique and refers to the manner in which you finish the selling process.

Useful with:  All buyer styles

Example

• From what you’ve said, I assume you want to move ahead with this.

• To what address should I send my training agreement?

• I get the feeling from what you’ve said that you would want two dozen of the units. Will that be enough?

• I assume you’ll want us to get started on the project as soon as possible. Will next Tuesday be soon enough?

A Baker’s Dozen of Proven Sales Closing Techniques

Sunday, May 2nd, 2010

There is no such thing as a “sure-fire” closing technique!

Now that we’ve got that out of the way, let’s explore the mystic of the Close and learn some techniques that will work if you make them work. But first…

For some reason, too many salespeople think the Close step is the biggest and the most difficult part of the sale. Not so! The Close is the easiest part of the process provided you have done the other three steps properly.

The Close becomes difficult for those salespeople who feel they don’t deserve to get the business. If you’ve done the Probe and Prove steps as well as you can, minimized the FUD factor by providing suitable evidence, answered the prospect’s concern, then all that remains is to ask for the business.

Closing a sale simply means asking for the business!

So why do many salespeople avoid the close? Because they’re fearful—no terrified—of the word “No.” Apparently a No is made out of solid concrete and if one falls on you, it will crush you to death. Not likely!

And why don’t many closes work? Usually because they are poorly executed, if they are done at all. Too many salespeople simply aren’t prepared to close. They just stand around waiting for the prospect to buy.

Over the next 13 days, we’ll post a baker’s dozen of proven sales closing techniques. Remember, though, on their own, they won’t do much. You need to make sure that you’ve executed all of the other areas of the sale properly. Contact www.salesforcetraining.com for help, and watch out for Technique #1 on Monday, May 3rd.

 

Worst Sales Time Wasting Mistakes

Sunday, April 11th, 2010

Many salespeople lose sight of the profit implications of time. Know the value of your sales hour and keep the number in your mind as you service your customers and accounts. Needlessly extended conversations, oversocialization, and idle chitchat can cost you money.

Even the most conscientious salespeople waste time — not intentionally, but because they lack time management skills. Here are the biggest time wasters for salespeople.

Too much time in the office. Beware of sticky carpets! It’s hard to get out of the office once you get in there. Make a prospect, not the office, your first call of the day. If you have to go into the office at all, make it your last call of the day.

Spending time with unqualified prospects. Some salespeople would rather spend time with a poor prospect than no prospect. Why waste time on people who don’t want or need what you’re selling. Use the time to find better prospects and learn to quick qualify them.

Hesitant to ask for the business. Reluctance to close the sale results in too many callbacks and lost sales.

Poorly planned sales territory. Too much time spent travelling around the territory. Some salespeople spend more time behind the wheel of their vehicle than in front of their prospects.

Poor record keeping. Get organized. The time you spend looking for lost or misplaced information is time you don’t have for selling.

Poor use of commuting and waiting time. These times are often missed opportunities to catch up on our professional reading, customer research, or administration. Make sure that your CRM application is mobile ready, and failing that, at least carry a file folder full of want-to-read material in your briefcase.

If any of these activities look like the mistakes your sales team is making, call us at 1-800-461-SELL (7355) for an evaluation.