Living Sales Excellence - Dennis Connelly's Blog

The Emperor's New Sales Brochure

Posted by Dennis Connelly on Tue, Oct 27, 2015 @ 14:10 PM

In a coaching call early this week, my client asked me a marketing question that I hear quite often but never wrote about until now. To answer their question, I am going to divulge research results from a study we did here at Kurlan & Associates that up to this point, has not been widely shared by Dave Kurlan, who conducted the study.

We get a lot of marketing questions but it should be noted that our primary area of expertise is sales and not marketing. We are concerned with the “top of funnel” hand-off from marketing to sales, however. And we are also concerned with the role that marketing can play to position products and services in alignment with sales messaging so salespeople will have better conversations. That's why we tend to get questions related to this crucial hand-off period.

So what was the question? It was this: “Would it help our cold-calling efforts to send out a brochure to prospects prior to calling them?” Have you ever asked that question? Have you tried it? Did it work? I bet it did. But I bet you’ll be surprised by the results of our study.

Here’s how the study worked. We divided prospects randomly into three groups. Let’s call them Group A, Group B, and Group C. To each group, we either sent a brochure ahead of the cold call or we didn’t, according to this schedule:

Group A
To Group A, we instructed our client to make a normal cold call. We did not send a brochure prior to this call. This was our “Control” group.

Group B
To Group B, we sent out a brochure to prospects. We then followed up with a call that started with, “Hi, this is so-and-so from such-and-such. Did you receive the brochure I sent you last week?”

Group C
To Group C, similar to Group A, we did not send a brochure, but we made a cold call and instructed our client to start the conversation with, “Hi, this is so-and-so from such-and-such. Did you receive the brochure I sent you last week?” If you noticed that Group B and Group C said the same thing, then you are one very astute reader.

So Here’s the Summary
Group A: No brochure sent. Cold-called the prospect.
Group B: Brochure sent. Followed up with a call asking if they got the brochure.
Group C: No brochure sent. Followed up with a call asking if they got the brochure.


Photo Credit: ©blotty/123RF.COM and Dennis Connelly

And Here’s the Results
Group A, the cold-callers, were able to convert the call into a meeting one out of 10 times. 1 in 10.

Group B, the folks who sent the brochure out first and then followed up with a call, did much better, converting twice as many calls into meetings. 2 in 10. So now you know the answer to at least one question. It’s better to send out a brochure first and then call. You will have a much better conversation rate than simply cold calling by itself.

Putting ethics aside for a moment, there are two reasons why you might want to try what Group C did – either you are pressed for time and don’t want to wait for a mailing, or you are short on stamps and don’t want all that return mail clogging your actual brick and mortar (or aluminum) mailbox. There’s a third reason I should mention that you might want to try what Group C did, which is that their conversion rate was three out of 10 calls. 3 in 10. This is 50% more than group B and 200% more than Group A. This result surprised us. We were expecting it to be the same as Group A and certainly no better than Group B.

How can this be? There are a few explanations that appear to be at work in Group C and not in the other two. 

  • Group C knew in advance that the prospect hadn’t seen the brochure so there was no worry about their opinion of it
  • They had a useful conversation starter
  • The prospect, feeling a little guilty for not seeing it, might have given them a little extra consideration
  • Knowing the prospect’s answer ahead of time gave the salesperson more confidence

So now let’s get back to ethics. Do you really want to start off your relationship with your prospect with a lie, acting as if you did something you didn’t do? Keep in mind that with Group C, there was no brochure sent at all. What made the difference was the mindset of the salesperson.

So how can we learn to bring the more successful, Group C mindset to the call every time without dishing all the bullcrap? Which skills and what hidden weaknesses might be holding us back?

  • Do your salespeople develop early rapport?
  • Are they confident and credible?
  • Do they ask questions easily, and listen carefully?
  • Are their positioning statements aligned with prospects real issues?
  • Can they create urgency?
  • Do they recover from rejection quickly?
  • Do they have excellent sales posturing?

How many of your salespeople can be developed to hunt and close new business effectively? How well does management coach them and hold them accountable? How motivated are they and what actually motivates them? Are you training the right people? How many cannot be trained? If these are top of mind questions for you, a sales force evaluation will answer them. Click here if you would like to learn more about that.

By getting salesperson selection right, training and coaching existing salespeople, and ensuring alignment with leadership and corporate goals, you will improve the quality of your sales organization. You will improve sales efficiency, preserve margins, and create more success for you and your people.

 

Photo Credit (Top): ©MarinaGallud/123RF.COM

Topics: sales force evaluation, sales training, sales recruiting, sales candidate selection, Sales Coaching, coaching salespeople, hiring sales candidates, coaching sales managers,

The True Meaning of Sales Coaching

Posted by Dennis Connelly on Tue, Sep 23, 2014 @ 09:09 AM

14563945_s-weights-CoachingThere is sales coaching and there is sales coaching. Let’s talk about the latter. The most important skill to master for sales leadership and effective sales managment is this one. As a sales coach for sales managers, sales VPs, and CEOs, I see what works and what doesn't work when working with salespeople. I have watched sales managers push through to a find a new, more effective way of coaching their people to greater success, even when coaching a seasoned veteran who is already successful.

The best analogy I can use for this skill set is exercise. Practice, as you may already know, does not make perfect; it makes permanent. So to achieve more effective sales coaching, we have to know what better is, and then take it one incremental step further with every session.

To do this well, one must spend at least three times per week for 30 minutes coaching salespeople. Help them push through a problem to gain better understanding. A formal, structured, planned coaching session every day is even better. The session must go deep enough to tax the brain a little. And the result is growth.

Are you ready to hear two surprising truths about coaching? Okay.

Surprising Truth #1: The best managers spend 50% of their time coaching.

The company grows through improvements from the their team. That could mean adding territories, adding sales people, and/or making the existing people better. It is the sales manager’s job to grow the company through sales. Read my earlier article on how sales management is the most important job in the company.

Companies suffer without creating a sense of urgency among their team. Therefore, regardless of other growth strategies, managers must be working on improving the existing team. Executives must help clear a path for managers to spend their time coaching, motivating, and holding people accountable. Coaching is the number one priority, however.

Surprising Truth #2: Ongoing daily interactions with salespeople about their opportunities is not coaching.

Many managers believe that because they are frequently interacting with their team about all of the different opportunities and deals that they are working on, that they are coaching. But this is like saying that because I walk around all day and walk up the stairs occasionally, I’m exercising. Rather, this ad hoc interaction maintains current abilities, and does not lead to improvement.

So let’s get back to our analogy.

  1. Three times per week minimum: Exercising twice per week maintains current levels of fitness; exercising three times per week or more creates growth. Properly coaching three times per week leads to improvements and mastery.
  2. High Intensity: Exercising with intensity leads to growth; exercising at low levels maintains current fitness. The equivalent to "intensity" in coaching is to dive in more deeply, digging in to find the root issues, and finding the sometimes hidden diversions from sales process resulting in more “aha” moments, even for veterans and top sales people. I’ve witnessed this over and over. Our best people benefit from coaching.
  3. Variations: Mixing it up leads to better all around fitness and less injuries. Working the whole body is critical to long-term health. In sales coaching, work on the pre-call strategy one day, a post-call debrief the next day, sales process another day, and identifying and working on hidden weaknesses yet another day. The consummate sales person is a whole person who is able to listen, respond, show curiosity, and bring all of his or her character to the conversation.

Can your people coach effectively? Can they help all of your people to be even just one increment better every day? Do they tolerate non-performers too long? Will they take a discussion deep enough to find a lesson? Do they have the trust of their people? Are they seen as a master? Do they create a sales environment conducive to growth, energy, and enthusiasm? Are they in the right role? (Read Chris Mott's article on this subject here.) Are they building a culture of constant improvement?

What’s working well in your sales organization? What could make it better? Click here if you'd like to find out if your managers can achieve the level of skill required to meet your corporate objectives. And here is a link to a case study of a real sales force evaluation. A sales force evaluation will give you the action steps required to achieve your vision of success. If you are selling into a sales channel, you might be interested in reading Part 1 of my ongoing series on channel sales management. 

Evaluation Checklist

 

Photo Copyright: mindof / 123RF Stock Photo

Topics: coaching salespeople, evaluate the sales force; sales assessments, sales leadership effectiveness, coaching sales managers,, constant sales improvements



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