The Top 10 Sales and Sales Leadership Articles of 2022

Posted by Dave Kurlan on Mon, Dec 12, 2022 @ 07:12 AM

Top 10 of 2022

Each week we can read multiple lists of the top new movies and TV shows to stream at home.  Lists of the Top SUV's, Sedans, and Coupes are also prevalent right now.  And of course, as we move ever closer to the holidays, there are lists aplenty on the Top Gadgets, Luxury Items, Gifts for Her, Gifts for Him and Gifts for Kids to peruse.  But it's also the time of year when I publish my list of the Top 10 Sales and Sales Leadership Articles of the year.

Criteria: Popularity (views) is nice but quality of content is nicer.  Likes are cool but engagement is cooler. Entertainment value counts and my opinion matters because I'm judging the articles.  In the end, I'm applying popularity, quality of the content, likes, entertainment, comments, engagement and my opinion to create this list of the top 10 articles.

Enjoy!

10. The Bob Chronicles Part 7 - Salespeople Who Can't Close Closable Business 

9. Why You Can't Lose Customers or Salespeople Right Now

8. How to Use This Jeep Versus Infiniti Analogy to Hire the Right Salespeople

7. How You Can Double Your Revenue in a Recession (most comments)

6. Hiring Salespeople the Right Way Yields 62% Less Turnover and 80% Higher Quotas

5. The 10 Unwritten Rules of Prospects and Tips for How to Break Them

4. How to Identify the Real Reason When a Salesperson is Under Performing (best content)

3.  The Top 10% of All Salespeople are 4,000 Percent Better at This Than the Bottom 10%

2. How to prepare your sales team to thrive in a recession

1. The Irony of Free Passes for Under Performing Salespeople   (most engagement)

Top Article - Dave Kurlan's Top Videos and Rants (most views, comments and engagement)

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Topics: Dave Kurlan, Consultative Selling, sales training, human resources, Sales Coaching, closing, effective sales leadership, sales enablement, top sales articles, tips for hiring salespeople, sales management effectiveness, Top 10 Sales Tips

The Top 10% of All Salespeople are 4,000% Better at this than the Bottom 10%

Posted by Dave Kurlan on Thu, Mar 03, 2022 @ 07:03 AM

Why Do Deer Run Into Cars

This weekend, a deer ran across the highway and hit our car.  The deer was injured but she did manage to run away so we were relieved that she wasn't killed.  After we returned home, I couldn't find our dog, Dinger.  Regular readers may remember Dinger from these posts:

My Dog Has Better Listening Skills Than Most Salespeople 

Top Salespeople are 631% More Effective at This Than Weak Salespeople

How Top Salespeople Manage Resistance

Which Salespeople are Easier to Train - Veteran Salespeople or Millennials?

I found Dinger with his nose glued to my front bumper where some of the deer's hair was still attached to my car.  Dinger, who loves to bark at deer from the safety of our home, seemed to be saying, "Ohhhh, so THIS is what a deer smells like!"

The exact same thing happened to a salesperson I was training.  It wasn't a deer or a dog, it was about Jim's sales aha moment.

His team was asked to send me an email with their five biggest lessons from their first six months of training.  Among Jim's top five was this one:

Your own bias affects the selling process - Wow!  I did not realize that my biases are affecting my sales process and approaches.  For example, I have a money bias that was unknown to me until recently.  I make a strange face (as if I am going to get punched in the face) whenever I tell the client the cost for a service or product.  I started noticing my strange face recently on my zoom calls and I now know that my money bias was likely affecting my sales.  I was not confident in my ask for the cost of the service or the product and thus it showed on my face as I waited for the client's rebuttal.  (And usually their rebuttal would feel like they punched me in the face)

What a great lesson!  Jim was referring to a sales competency found in his Sales DNA called Comfortable Discussing Money and an attribute called High Money Tolerance found in another competency, Supportive Buy Cycle

Salespeople who don't have high money tolerance become very uncomfortable when the amount of money being discussed exceeds the amount they consider to be a lot of money.  Jim believed that $500 is a lot of money yet he was asking companies for $500,000.  No wonder he made a strange face - that's 1,000 times greater than his choking point!  If the salesperson lacks confidence in how much money they are asking for, why in the world would we expect the prospect to have any confidence about buying from the salesperson?

The top 10% of all salespeople are 4,000% more comfortable discussing money than the weakest 10% - 4,000%!  And the top 10% of all salespeople are 100% more likely to have a high money tolerance than the weakest 10%.

Finally, being comfortable discussing money and having a high money tolerance directly support a salesperson's ability to uncover the actual budget.  Salespeople who do uncover the actual budget are 172% more likely to close the business - 172%!

Objective Management Group (OMG) measures 21 Sales Core Competencies and has assessed more than 2.2 million salespeople.  You can view some of the data here, see how the data changes by industry, and how you and/or your sales team compares to other companies in your industry and overall.

Topics: Dave Kurlan, closing, sales assessments, sales data, uncovering budget

Has Buying Changed and Has B2B Selling Adapted?

Posted by Dave Kurlan on Wed, Jan 05, 2022 @ 10:01 AM

b2b

My articles begin with analogies so we'll start by asking, has baseball changed?  

Games take longer, there is role specialization, starting pitchers rarely complete games, hitters are stronger, pitchers routinely throw in the mid 90's and there is a trend towards either hitting a home run or striking out.  But it's still baseball.  It is still played the same way.  The changes are superficial.

And in the context of how it affects salespeople, has buying really changed?

If you believe what is so frequently written by digital marketing folks, then buying has changed dramatically.  But just because a digital marketing person wrote it, does that make it true?  

We must discuss buying in the context of buying from salespeople so we will begin by differentiating facts from claims. Let's begin with what we know for absolute certain.

B2B buying can be broken down into the following categories:

  • Point and Click Transactional Purchases (navigate to a website and buy it)
  • Talk and or Meet with an Expert (salespeople)

For transactional purchases, salespeople have been eliminated so to that extent, sales has changed dramatically!

For other B2B purchases, salespeople still have significant involvement - for now.  Prospects search Google, visit websites, learn about products and services, and even get a sense for pricing.  For their part, salespeople who regurgitate the same information that prospects can find online are simply redundant, fail to provide any value, and won't be around for long.  It is imperative that salespeople provide value by actually being the value and from that perspective, one of the salesperson's responsibilities has changed.

It is more difficult for salespeople to reach decision makers of larger organizations as they are better protected than before and tend to rely more on group decision making.

When the onset of the pandemic introduced virtual selling to the masses, more buying options than ever before became available because the business that is 3,000 miles away is suddenly no further away than the one down the street.

The way that buyers find salespeople has changed.  They may use the aforementioned Google search, but are just as likely to find a trusted source from an expert Blog, through LinkedIn, or Facebook.  While marketers will use that as proof that outbound selling is dead, that proclamation is propaganda, not fact.  Inbound marketers generate a lot of interest and leads on which to follow up but the quality of those leads is questionable and inconsistent and there are big problems when handing them off to salespeople.  Salespeople who still do their own prospecting by phone schedule plenty of quality meetings to keep their pipelines full.

So how buyers and sellers find each other has changed, decision makers are more effective insulating themselves, and there are more buying options.  What happens after that?

The digital marketing folks say that the buying journey is 57% complete when a buyer first reaches out to a salesperson.  Most ineffective and underperforming salespeople agree that prospects seem to know what they want and all they have to do is quote prices, prepare proposals and take orders.  Of course that's why they are ineffective and chronically underperform.

Today's buyers are self-educated and salespeople mistake that knowledge for readiness. Salespeople tend to take the path of least resistance and the knowledge they mistake for readiness lulls them into the quote, proposal and order taking mode.  As a result, they don't follow their company's sales process or worse, the company's sales process has been modified to reflect buyers being ready.  If the buyers were truly ready at this point they would actually buy but the additional options prolong instead of shorten the sales process.

The top 20% of all salespeople have not fallen victim to the false sense of security offered by poor quality inbound leads or the myth of the buyer journey being 57% complete.  They leverage new tools and technology to take a more consultative approach, follow their sales process, nicely challenge prospects who seem to be ready, uncover the reasons and consequences that led them to buy, get them to think differently and get prospects to see them as subject matter experts. They qualify more thoroughly than ever, talk with and/or meet decision makers, and close two to three times more business than their underperforming, order-taking colleagues.

Buying has changed to the extent that it's easier to start the process and reach out to potential vendors.  Selling has changed to the extent that most salespeople are less effective and top salespeople are closing a bigger percentage of the business than ever before.

This can all be fixed.  How?  

A Sales Team evaluation identifies the issues.

A Custom Sales Process helps salespeople to meet the correct milestones with the proper people at the optimal time for the right reasons.  Integration of the sales process into a CRM application that is designed for how you sell and who you sell to is crucial.

Sales Leadership Training and Coaching train your sales leaders to coach up their salespeople.

Sales Training that demonstrates a consultative approach, utilizes role-play and models what great selling looks and sounds like. 

An integrated approach to sales development changes everything.  Isn't it time?

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Topics: Dave Kurlan, Consultative Selling, sales process, closing, crm, inbound, buyer journey, outbound

The $225,000 Selling Mistake Most Salespeople Make

Posted by Dave Kurlan on Mon, Dec 07, 2020 @ 07:12 AM

big-mistake

I'm going to share the story of a real salesperson and his current, real opportunity, but change the names of everyone involved.  I hear stories like this every day but this particular one happens way too often.

2 months ago, Bob agreed to a $25,000 pilot for an enterprise size company generating billions in revenue.  At the time, he was told a successful pilot would lead to much more business in 2021.  Last week he excitedly shared that the company was very happy with the results of their pilot to date, and they asked Bob to prepare a business case for exponentially increasing the size and scope of their spend.  The future purchase would be north of $250,000.

While colleagues and supervisors shared their enthusiasm for this exciting moment, my first reaction was, "And why do you think this is good news?" 

"Dave, you're so negative."

I was asked to explain why I felt that way because Bob and his team believed that this was clearly a positive development.  I pointed out that the request to prepare a business case was nothing more than a request for (another) proposal and Bob would once again need to prove and convince the company that doing business with them would provide value, create ROI, and justify the tenfold increase in spend.

The response from Bob's team?  "Good point."

This IS the customer moving forward, but only moving forward to resume their discussions as to whether to or not to move forward with an increase in spend.  One more time. The only thing moving forward is a resumption of the discussion about moving forward.  I did not hear anything about decisions, commitments, intent, budgets, terms, agreements, contracts, PO's, timelines, or closing dates.  The only thing certain, is that Bob can open the opportunity in his CRM application and place a checkmark to indicate that the pilot was successfully completed.  Check! The opportunity did not advance in any other measurable or meaningful way because he is right back where he was in October when he proposed the same solution only to settle for 10% of the business in the form of this pilot.  They weren't convinced then, and apparently, still aren't convinced. 

There are a few issues here:

  • The pilot was not sold correctly - When Bob agreed to the mini-pilot, there should have been a very clear understanding of what exactly would constitute success; and if he met the criteria for a successful pilot, what exactly would happen next.  If the "next" step is anything other than easily and automatically transitioning to the larger order, then Bob should not have begun the pilot.
  • The salesperson had happy ears - When the customer asked Bob to prepare another business case for 2021, Bob should not have been so eager to facilitate.  Instead, he should have asked why they were asking for another business case since he did that prior to the pilot.  Bob should have also asked what they were looking for in the business case, who would be reviewing it, and what would happen after it was reviewed.  If Bob hears anything other than "we'll be signing an agreement" it's a no-go on the new business case/proposal.
  • The sales manager did not push back - Given the poorly executed expectations and next steps prior to the pilot, and the new request for a proposal, the sales manager should have pushed back hard and not allowed either the pilot or the business case to move forward without a better understanding of timelines, next steps and commitments.

This story is not unusual in any way.  Scenarios like this occur at an alarming rate throughout each day at companies across the spectrum of more than 200 industries.  Even good salespeople make mistakes like these and ineffective sales managers allow them to happen time and time again.  Great salespeople, who make up the top 5% of the sales population, never allow scenarios like this to take place.  Weak salespeople, who make up the bottom 50%, always allow scenarios like this to occur.

The story I shared here is just one example of the ripple effect from lack of quality sales training and coaching, and lack of effective sales management.  Much of this could be solved with improved sales selection - hiring the right sales managers and salespeople to begin with.  The rest can be solved with a sales force evaluation to identify the core issues and gaps, and then the right training to better prepare the sales team to execute when they find themselves in scenarios like these.

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Topics: Dave Kurlan, sales process, closing, selling tips, sales managerment, sales milestones, terms, pilot

FDR and Sir Isaac Newton on Why Salespeople Fail

Posted by Dave Kurlan on Tue, Aug 25, 2020 @ 07:08 AM

fire

There we were, in the dark, in the middle of a hotel parking lot, at 3:45 AM.  Why?  The hotel fire alarm went off and we didn't want to ignore the warning that was so loud my wife and I couldn't hear each other speak.  Why was every other guest in the hotel parking lot with us?  Well, what if the hotel was on fire?  What if our lives were truly in danger?  

Unlike the made up fears that prevent salespeople from asking tough questions, qualifying more thoroughly, or picking up the phone and making a cold call, the fear of burning alive in a hotel fire seemed like a pretty justifiable one.

What are salespeople so fearful of?  Rejection?  Not being liked?  Not getting a meeting?  Not closing a sale?  Oh yes, incredibly scary.  If I had those fears I might not want to leave the house.  Oh wait, most salespeople aren't leaving their houses.  Is it because they're afraid of the virus?  No.  It's more likely that they're home because their companies have asked them to work remotely.  But make no mistake.  Even if they won't admit to it they are afraid of the things I wrote a few sentences back. And today, more than ever, they are loving their convenient excuses for hiding behind their laptop screens, churning out emails instead of making phone calls, and hoping that as Ray Kinsella's daughter, from Field of Dreams said, "People will come."

Why are these imagined fears so debilitating? 

Because we allow them to be.

I'm guilty of having debilitating, imagined fears.  When my son got his driver's license, my wife and I worried endlessly. Where is he? Do you think he's OK? Could he have gotten in an accident? Do you think he is paying attention? I hope he's not playing his music too loud. Could his friends be distracting him? Why isn't he home yet?  Did I ask, "Where is he?"

Turning back to salespeople, suppose the things they worry about were to actually happen?  Who would care?  How would life change?  The only ramification would be their inadequate pipelines.  The only ripple effect would be in the size of their commission checks. Their inaction is the only thing that can hurt them.  Remaining in their comfort zone hurts them.  Failing to change hurts them. 

In his 1933 inaugural address, President Franklin Delano Roosevelt said, "The only thing to fear is fear itself." 

Sir Isaac Newton's third law of Physics states that for every action there is an opposite reaction.  What would the opposite reaction be to the action of not taking action? 

NOT taking action, and that includes not asking the tough question, IS an action against your pipeline, your income and your success. 

NOT taking action due to fear IS an action against your self-worth. 

NOT taking action, whether due to laziness or complacency, IS an action against what your company and your customer expect and deserve from you.

I'm sounding the alarm.  This is why salespeople fail.

Image Copyright 123 RF

Topics: Dave Kurlan, Consultative Selling, asking questions, closing, prospecting, sales fears, fear of rejection

A Tale of 3 Squirrels and Their Human Counterparts in Sales

Posted by Dave Kurlan on Mon, Oct 28, 2019 @ 11:10 AM

squirrels2

It was rainy and cool so the leaves are dropping from the trees, the peak color has passed and it's time to focus on something else.

Speaking of focus, this morning I was watching 3 squirrels each doing their thing.

Squirrel #1, who I named Ernest, was finding lots of nuts and burying them.  His nest was full and he will reap the benefits of his hard work over the winter.

Squirrels #2 and #3, who I named MT and LayZ, were playing.  They were running up and down tree trunks, jumping from limb to limb, running in circles and generally chasing their tails.  They don't yet have nests and unless they make a commitment, become disciplined, and get to work, they will starve to death this winter.

Ernest, MT and LayZ are no different than their human counterparts who find themselves in sales roles.  The top salespeople are like Ernest and the bottom salespeople are like MT and LayZ.  For evidence of that claim, take a look at the table below with a sprinkling of data from Objective Management Group (OMG) which has evaluated 1,910,915 salespeople from  companies.

squirrels

Ernest would be an Elite salesperson.  Elites make up the top 5% of all salespeople.  MT and LayZ would be weak salespeople who make up the bottom 50% of all salespeople. As you can see from the 6 findings I included in the table, elite salespeople like Ernest are 208% stronger than weak salespeople like MT and LayZ.

The 2 findings most consistent with Ernest's focus and discipline are Commitment and Prospects Consistently, where Ernest is 92% and 82% stronger than MT and LayZ.

Even more importantly, Ernest is 326% stronger in the Hunter Competency.  The Hunter, and Commitment to Sales Success, are two of the 21 Sales Core Competencies that OMG measures. The other four findings listed above are all attributes of the Hunter Competency.

No matter how much selling evolves and how many complimentary selling tools become available, one thing will always remain constant.  B2B sales requires a full pipeline and a pipeline that yields results is built from a consistent prospecting effort, born from commitment and discipline.

With or without leads, a BDR team, or outsourced appointment setting, it is a salesperson's responsibility to be sure that the pipeline always has the 3 F's:

  1. Full (consistent daily effort to keep the pipeline full)
  2. Filled (qualified opportunities in the pipeline, lesser ones out)
  3. Fluid (opportunities in, opportunities moving and opportunities closed or archived)

Most salespeople don't even know the threshold for a full pipeline.  It's the number of opportunities required to sell one multiplied by the number that must be closed.  It doesn't matter if it's one account, one order, or one contract as long as the same definition is applied universally throughout the pipeline.  Additionally, the number required to sell one is not the number of proposals required to sell one.  It's more like this (if you close 33% of your proposals):

  • Closed: 1
  • Proposals Required (Closable): 3
  • Qualified Opportunities: 4
  • Opportunities with Compelling Reasons to Buy (Prospects): 6
  • New Opportunities (Suspects): 8

You can see that the typical pipeline requires 21, not 3 opportunities to sell 1, .

Don't be MT or LayZ.  Be Ernest with your pipeline building efforts.

Share your comments in the LinkedIn discussion for this article.

Images Copyright iStock Photos MT and LayZ, and Ernest

Topics: Dave Kurlan, closing, sales pipeline, prospecting, sales tips, discipline

How All Those Trucks on the Road Can Help You Stop Discounting

Posted by Dave Kurlan on Mon, Aug 05, 2019 @ 06:08 AM

discount

We've been doing a lot of traveling this summer to baseball tournaments (30-second video showing how one playoff game ended), college baseball showcases and back. During these travels, one thing has become abundantly clear.  Trucks and construction.  Lots of trucks.  Lots of construction.  Lots of congestion on the roads because of all those tractor trailers. 

If you heard that inventory levels are low, it's certainly not because companies have stopped buying.  It's because the supply chain is busier and stronger than ever and as a result of all of the buying, our roadways are jammed with trucks shipping products to distributors, retailers, warehouses and fulfillment centers.  Don't believe a word of it when you hear an economy related objection or put-off.  Business isn't off, inventories aren't purposely low, money isn't tight, companies aren't on buying freezes, and the economy isn't tanking.  If you aren't reading or hearing how historically great the economy is right now, you're listening to, watching or reading the wrong news outlets. Business is booming and procurement departments would like nothing more than for you to buy into the fake news, hoping that your next move will be an incentive. 

I have an awful lot to say about incentives to buy! The occurrences are as predictable as the 6pm news beginning exactly at 6pm.  If you have opportunities in the pipeline during the last week of the month, the last week of the quarter and the last two weeks of the year, and your prospects showed a strong likelihood of moving forward, they'll be sitting back waiting for a call from a salesperson or sales manager to sweeten the pot so that you can get this deal in before the end of whenever.  How lame.  

Why do we need salespeople if their only method of getting business closed is to offer a time-sensitive discount? Nor do we need sales managers and sales leaders spending their time offering discounts.  Anyone, from any department, from any background, who is capable of having an adult conversation, is capable of making the, "Have I got a deal for you!" call.  Even worse is when it occurs via email.

The practice of end-of-month, quarter and year incentives must stop.  If salespeople aren't strong enough to sell and close the deal on its own merits, then companies should either hire stronger salespeople or train and coach up the existing salespeople so that they are providing much needed expertise and solutions, to prospects with problems who haven't been able to solve them on their own or with their current vendors.  This describes a consultative approach.  The timely discount is a transactional approach.

I know what you're thinking.  "We do take a consultative approach and when they don't buy at closing time it's then that we offer a discount."  That's actually quite transactional and you do that because your consultative approach is simply not consultative enough or not consultative at all.

Only 41% of all salespeople have consultative selling as a strength.  But it's worse than it looks.  Only 3% of the bottom half of all salespeople have strong consultative skills.  Just about half of all salespeople do not have the skills to take a consultative approach!

It's similar with selling value.  Only 41% of all salespeople have selling value as a strength and this is also worse than it looks as only 11% of the bottom 50% of salespeople have strong value selling skills.  Just about half of all salespeople do not have the skills to sell value!

If we look at the Sales DNA behind those two competencies, the bottom half have Sales DNA of only 28%!  That totally sucks.  Instead of having the selling strengths to support a consultative and value-based approach they have selling weaknesses that sabotage their attempts to sell that way.

The data isn't from some lame survey.  This is Objective Management Group (OMG) data from the evaluations and assessments of 1,885,255 salespeople from companies.  You can see the data for yourself and even see how you compare in all 21 Sales Core Competencies.

All the blame for discounting does not fall on salespeople, sales managers and sales leaders.  CEO's must accept their share of the blame for setting precedent.  The sooner that CEO's shut the door on incentives, the sooner companies will stop suggesting that "we might be able to do better."  When salespeople give prospects some hope that they will be competitive, in the ballpark, meet or beat any legitimate quote, or might be able to do better, value selling goes right out the window and in the prospects' eyes, if you then can't meet those expectations you lied.  Only a CEO has the power to end that ill-advised strategy.

Join the discussion and leave your comments on the LinkedIn thread for this article.

Image copyright iStock Photos

Topics: Dave Kurlan, Consultative Selling, closing, discounting, value selling,

How to Transform Your Sales Pipeline Today

Posted by Dave Kurlan on Mon, Jul 08, 2019 @ 06:07 AM

pipeline2

Big ones, little ones, sharp ones and stubborn ones. I was pulling weeds from the garden when it became crystal clear to me.  The various weeds were like the many types of opportunities in most sales pipelines.  Big ones, little ones, those that hurt (we're behind the competition) and those who are stubborn (they aren't sharing important information).  The flowers in the garden are allowed to remain and are nurtured with sun, water and plant food. Similarly, we must leave and nurture the opportunities that will grow and produce sales, and weed out the undesirable opportunities that distract us from what is most important.

Flower gardens can be large, colorful, impressive and calming to look at.  Unfortunately, most sales pipelines are full of weeds, not large enough, and certainly not impressive.  From its evaluations and assessments of 1,875,978 salespeople, Objective Management Group (OMG) has found that only 46% of all salespeople maintain a full pipeline.  It breaks down as follows:

Elite  (the top 5%) 76%
Strong 65%
Serviceable 57% 
Weak (the bottom 50%)  41%

And when it comes to full pipelines, we must ask, full of what?  Generally undesirable opportunities.

Why do those undesirable opportunities remain in the pipeline?  They provide salespeople with a sense of security. Unfortunately, what they perceive as a safety net, is really denial of the reality of their pipeline.

Step one in transforming your sales pipeline is to perform a thorough weeding, which leaves you with a smaller pipeline, but with the same number of quality opportunities.  This is where a well-built, predictive scorecard will help.

Step two is to determine how many opportunities must be in your pipeline at all times.  To find the answer to that question you must know the size of your average sale or account, your closing percentage, and monthly sales goal.  Let's assume the following three metrics:

  • Monthly sales goal of $100,000,
  • 25% Closing percentage
  • $20,000 Average sale or account

With those numbers, you must have 20 opportunities worth $400,000 in your pipeline at all times in order to close 5 of them each month.  Complete the same exercise using your own historical numbers.

Step three is to determine the gap between what you need and what you have.  Using the example above, let's say you actually have 4 good opportunities worth a total of $80,000.  Your gap is 16 opportunities worth $320,000 - just for this month!

Step four is to add 16 new opportunities.  How?  Referrals, introductions, inbound leads, cold calls, whatever it takes.  But do it!  Today!  Now!  Referring back to OMG's findings again, only 40% of all salespeople are strong at Hunting.  That breaks down as:

Elite (the top 5%): 88% 
Strong: 77% 
Serviceable: 58% 
Weak (the bottom 50%): 26%

When it comes to generating referrals and introductions, only 35% of all salespeople are strong.  It breaks down as:

Elite (the top 5%): 48%
Strong: 42%
Serviceable: 39%
Weak (the bottom 50%): 32%

[Update - I was asked whether weak Sales DNA is responsible when a strong rep is weak at getting referrals and introductions.  It turns out that for 97% of strong reps, it's not Sales DNA but for weak reps Sales DNA is responsible 97% of the time.]

And as for making cold calls, only 33% of all salespeople prospect consistently.  It breaks down as:

Elite (the top 5%): 70%
Strong: 54%
Serviceable: 43%
Weak (the bottom 50%): 25%

If from among the bottom half of all salespeople, 50% of them won't make cold calls, 64% won't generate referrals and introductions, and 82% won't fill their pipelines, then nearly half of your salespeople may not do much of what was laid out in this article.

But there is hope for the serviceable, strong and elite salespeople - the other half.  Many of them will be able to do most of this but the key is holding them accountable.  Their sales managers must set expectations, designate this as non-optional work, impose a deadline, and enforce penalties for non-compliance. 

These four steps are not a one-time fix; they are requirements for continued success in sales that continue into perpetuity. 

Comments?  Questions?  Leave them on the LinkedIn discussion of this article.

Image Copyright iStock Photos

Topics: sales assessment, Dave Kurlan, closing, sales pipeline, prospecting, objective management group

How to Know if You Are You Really Selling Consultatively

Posted by Dave Kurlan on Mon, Jun 03, 2019 @ 20:06 PM

consultative-2

Most of the CEOs and sales leaders I speak with agree that their sales organizations need to be more effective at taking a consultative approach to selling. At the same time, they insist that they talk about it often and that their salespeople are doing OK with a consultative approach.  OMG's Sales Force Evaluation usually reveals that they aren't doing much more than talking about it, as their scores for the Consultative Seller competency are quite low.

How can you determine if you or your team are being effective at using a consultative approach?  I created this list of outcomes that would be true if your consultative approach was working effectively.  You and/or your salespeople are :

  1. Having much better, very different conversations
  2. Experiencing prospects who are much more engaged
  3. Witnessing your prospects becoming emotional
  4. Watching prospects take shortcuts to give you their business
  5. Being thanked for your help by your prospects
  6. Realizing that price is no longer an issue
  7. Finding it easier to get and keep the decision maker engaged throughout the sales process
  8. Seeing your sales cycle becoming shorter
  9. Getting excited over higher win rates
  10. Finding your competition becoming irrelevant
  11. Bonus - Closing occurs naturally.

Speaking of closing, Graham Hawkins shared a post on LinkedIn which listed all of the known closing techniques. He noted that his close rate is through the roof and he doesn't need to use any of those closes any longer because when you are selling consultatively, the sales close themselves.

He is completely correct because the top 5% of all salespeople in the world have mediocre scores for closing (55%) and very strong scores for consultative selling (77%).  Looking at this data another way, only 24% of the top 5% are strong closers but 60% are strong at selling consultatively.

If you're truly selling consultatively, you won't have a problem with the buyer journey either.  Whether you call it the buyer journey or the buyer-seller journey, there are things you need to consider.  

The buyer journey is a slippery slope. The journey is completely separate from the sales process,   When salespeople align with the journey, they become facilitators, and when they facilitate, they are the same as everyone else and become commoditized.  When salespeople use a consultative sales process, the buyer journey is completely neutralized.

Image copyright iStock Photos

Topics: Dave Kurlan, Consultative Selling, sales process, closing, buyer journey, win rates

9 Reasons Why Salespeople Lack the Urgency Necessary to Succeed

Posted by Dave Kurlan on Mon, Sep 25, 2017 @ 04:09 AM


Mass.-Environmental-Police.jpg

I was in the right-hand lane of very slow moving traffic because of a lane closure ahead, marked by orange cones.  I was along side the cones in the lane where traffic was merging left.  All of a sudden, a police siren and flashing lights were upon me but I had nowhere to go.  Cars were in front of me and to the left of me with cones to the right and the cop was right on top of my rear bumper.  He moved into the lane closed off by the cone, rolled his window down and screamed, "Get out of the way!"

But, from what?

He stopped his Ford F150 along the guard rail inside the coned off lane, turned off his lights and sirens, and put his truck in park.  He was working a private detail, was 5 minutes late and was with the Massachusetts Environmental Police.  I couldn't believe it.  He turned on the lights and sirens, reserved for code 3 emergencies and traffic violations, just so that he could park - and he screamed at me.

You're probably wondering what in the world this scenario has to do with selling but it does, and in a big way.

There was money on the table and the cop was feeling tremendous urgency to make sure he didn't lose the money.

I coach a lot of sales leaders and their most common frustration is that they can't understand why their salespeople don't seem to have the same urgency as they did when they were selling. Their salespeople lack urgency when returning calls and emails, lack urgency booking appointments with people they've been asked to meet, lack urgency when it's time to follow up, lack urgency when the deal needs to be closed, and lack urgency building their pipelines.  The opposite of the cop. 

So while I found the cop's behavior unacceptable, it's exactly the behavior that money motivated salespeople will exhibit, sometimes to the point of rude and obnoxious.

In my experience, there are several possible reasons behind this lack of urgency.  They include, but aren't limited to these 9 reasons:

  • Expectations - their managers have not been crystal clear as to what exactly they expect their salespeople to do.
  • Need to be Liked - Their need for approval is very strong and they don't want to appear to be a pest or a nuisance which in their mind could cause the prospect to dislike them, so they back off.
  • Intrinsically Motivated - They are motivated by being part of something bigger than themselves, mastery, love of selling, and job satisfaction so the expected behavior is inconsistent with how they are motivated.
  • Fear of Failure - When salespeople are afraid of failing it causes a sort of paralysis as they ask themselves, what if I fail?
  • Rejection - Similar to the failure issue,  they are worried about being rejected and when they try to avoid being rejected, the results don't follow.
  • Lack of Desire - Their desire for sales success isn't strong enough to get them to do what needs to be done.
  • Lack of Commitment - They aren't willing to do whatever it takes when what it takes is more difficult, scary or inconsistent with their beliefs.
  • Compensation - Their comp plan is weighted heavily toward salary so they are already being paid - whether or not they do what you need and expect them to do.
  • Perfectionist - Perfectionists don't do anything until they are certain it will be done perfectly.  In the mean time, they procrastinate.

Would you like to suggest a 10th possible reason?

Topics: Dave Kurlan, closing, urgency, Pipeline, follow-up calls, police

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Best-Selling Author, Keynote Speaker and Sales Thought Leader,  Dave Kurlan's Understanding the Sales Force Blog earned awards for the Top Sales & Marketing Blog for eleven consecutive years and of the more than 2,000 articles Dave has published, many of the articles have also earned awards.

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