Posts Tagged ‘sales training; selling skills’

Sales Training – What Doesn’t Work

Friday, September 3rd, 2010

I’m a big fan of LinkedIn.  Like many of you I suppose, I didn’t quite know what to make of it when I created a profile a couple pf years ago.  But now I use it religiously, and am a member of close to 20 groups.  The discussion topics are fabulous and (most) of the input is quite useful and /or relevant. 

A recent post in the group “Sales Management Association” posed the question;

Sales Training Delivery team – what are you doing that works?  What doesn’t work?

One of my favorite responses came from fellow group member Bob Etherington, who posted this:

Classroom training on its own is a very ineffective way to train sales people. It is expensive when calculated in terms of time and money and all the available research shows that within 30 days 80% or more of delegates are back to their old ways. The 4 truths of sales training are;

1) To change sales executive behaviour is not easy, quick or cheap.

2) Sales people learn to sell in front of real customers so constant live reinforcement/ field coaching is essential.

3) They will only change their habits if they can see how they will gain a personal advantage by adopting new practices.

4) There must be an effective measurement system beyond +/- changes in sales results (who knows really why things are getting better/worse?)  Measuring the use of known effective behaviours is what is required.

Xerox was the only company I ever knew that was disciplined enough to see such a programme through over several years …and it was very effective.

Simple, straightforward…and bang on accurate!  Thanks Bob.

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.

CRM Comparison – Evaluating the Best Resource for Your Company

Monday, May 31st, 2010

The term CRM is one that is becoming increasingly used in business organizations. It is also one of the essential aspects to consider in order to run a successful modern day business or organization. CRM stands for Customer Relationship Management. The formatting of programs and software that assist businesses in the development of customer relations management techniques and strategies is becoming, in and of itself, a major field. The following article will offer advice on how to conduct a CRM comparison. It will identify the basic components of the various CRM support products and programs currently available, in order to help organizations determine what their best strategy should be when choosing to implicate a CRM program.

When conducting a CRM software comparison, remember that the basic goal behind a customer relations management program is to provide your organization with the necessary tools and resources that will help to strengthen existing and future relationships with clients. Your CRM product comparison should evaluate which software will best satisfy your company’s needs, and most effectively help to built long-term working relationships with clients. Does your company focus on sales? Campaign management? Marketing? Or customer support? Each of these specific focuses may require a slightly different approach, and there exist CRM products to address each or all of those specific functions.

CRM software employs various methods and target specific functions of operation within businesses. Two general types of software to examine in CRM comparisons are those that are either analytical or operational. Analytical CRM software deals with issues such as unified billing, maintenance, planning, marketing, advertising, finance, and manufacturing. It has a sub-category that deals specifically with sales intelligence, analyzing customer patterns and trends, directly aimed at making sales. Operational CRM software deals with policies and processes, and focuses on solutions to companies’ direct contact and interactions with their customers. It addresses unified approaches to incoming and outgoing customer correspondence such as phone and email, and can provide customer service representatives with quick access to individual customer information and contact history.

Additional approaches to software that should be considered in a CRM comparison include approaches to employee training, the broadness of the given program, and whether it takes your company’s larger goals into consideration, and additional special features, such as voice tracking equipment to track customers’ sentiments while on support or sales calls.

One of the most popular CRM software providers is salesforce.com. For this reason, businesses conducting research into what type of system they will use would be well-advised to conduct a salesforce.com CRM comparison, along with other leading CRM software providers.

Some other popular top vendors that should be included in a CRM comparison include Oracle and SAP, as well as Microsoft Dynamics, Cherdiant, and Infor; and the website www.compare.com provides free reports of the various CRM softwares.

Customer relations management programs are becoming an invaluable tool for both customer service and analysis purposes. Conducting a CRM comparison before investing in CRM software will ensure that your business is using the software that best suits the needs of the administration, the employees, and most importantly, the customers.

 Originally published by Chris Neumann, www.chrissoftware.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.

Value-Based Selling In The New Economy

Friday, May 7th, 2010

Are your reps still struggling with “Your Price is Too High”, or are they facing roadblocks trying to navigate their way into the C-Suite?  Selling in today’s environment of economic recovery means being able to successfully employ new techniques and apply the right paradigm shift, from simply uncovering basic needs and providing solutions, to truly partnering with clients, sometimes from the C-Suite on down.  As part of our ongoing New Client College series of workshops, we’re pleased to provide the latest course to the program.

June Training Classes in Toronto

Our “Value-Based Selling in The New Economy” program is designed to help sales managers and their teams better prepare for the challenges associated with selling in today’s economic climate.  Held at the prestigious Rotman School of Business at the beautiful University of Toronto’s downtown campus in June, this event promises to challenge, motivate and instruct your salespeople to think about the right ways to successfully close more business, and walk away with tools that they can leverage right away….so you can kick off your summer sales season with results, and not excuses.

Dates, format, location, times and pricing

On Tuesday, June 15 and Wednesday, June 16, SalesForce Training will be presenting the next in our ongoing New Client College series, “Value-Based Selling in The New Economy”click here for details.  Each program comes complete with a pre-program survey for each participant, a “What’s Your Selling Style” assessment, along with a pre- and post-program report for management on your team’s specified areas of interest, their take-aways and their intended courses of action moving forward.

On the second afternoon, the group will be split into two.  Senior level sales people selling to execs and their managers will attend, “Selling IN the Executive Suite”, a seminar on helping sales people leverage executive relationships into ongoing sales opportunities – click here for details.

The other group will focus on real-life role playing scenarios based on the course content from Value-Based Selling.

Location:

The Rotman School of Business (at the University of Toronto), 105 St. George Street, Toronto, Ontario

Times:

  • Sessions start at 9:00 am, and end at 5:00 pm
  • There will be two 15-minute breaks and a 45-minute lunch each day
  • Coffee and light continental breakfast, along with afternoon snacks will be provided
  • Pay parking on-site

Pricing:

  • Value-Based Selling (2-days): $895 pp

 

Special Offers for Sales Managers

Enroll two or more members of your sales team in the Two-Day Value-Based workshop and ATTEND THE PROGRAM AS OUR GUEST, NO CHARGE.


For Teams of Five or More

If you’re thinking of sending at least five members of your team to the event, let’s chat first.  At that point, it makes better sense financially to consider bringing SalesForce in-house for a completely customized version of our New Client College curriculum as it applies to your very specific sales environments.  We can assess your needs and provide a very specific quote on the most optimum learning agenda for your team.

And if you just want to send a couple of members of your team to the June workshop to “try us out”, we will offer your organization a credit in the amount already spent, towards a completely customized in-house program if you book within three months and complete by the end of 2010.

Get Started with a Free Sales Team Assessment

Click here to access our free assessment tool designed to pinpoint your team’s challenges in the areas of tactical selling, strategic selling and organizational skills.  You can assess each member of your team individually, or as a group.  The results will be emailed to you and can serve as the foundation for any upcoming professional development initiatives.

 

Sales Closing Technique #5 of 13

Friday, May 7th, 2010

#5.   Wrap-it-up Close

Start doing something—anything—that the prospect will have to stop you from doing or she has given permission for the close.

Useful with:  All buyer styles

Example

• Start writing up a contract.

• Start phoning your office to check on the inventory status.

• Start filling out a credit application.

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?

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.