How Many Authors Does it Take to Screw in a LightBulb Highlighting Selling Skills?

Posted by Dave Kurlan on Thu, Sep 22, 2022 @ 15:09 PM

Indeed - Home | Facebook

A few years had passed since the last time I wrecked an hbr.com (Harvard Business Review online) article about sales.  If you haven't been reading the Blog for the last sixteen years you may have missed my previous fourteen take downs.

Why Do You Think Harvard Business Review Does This When it Comes to Sales?
The Challenge of the Challenger Sales Model - The Facts
Harvard Business Review Blog Off Target on Sales Greatness
Harvard Business Review Blog Post Gets Salespeople Wrong
Harvard Business Review Hit and Then Missed the Mark on Sales
How Wrong is the Harvard Business Review Article on How to Hire Salespeople?
Revealing Study of Salespeople Makes News at HBR
Another HBR Article on Sales Leaves Me with Mixed Feelings
Top 10 Questions for Salespeople to Ask and Stay Away From
What Customers Expect From Your Salespeople and More
HBR or OMG - Whose Criteria Really Differentiate the Top and Bottom 10% of Salespeople?
More Junk Sales Science in HBR Blog
Now That You Have a Sales Process, Never Mind
I
s SELLING an Afterthought in Today's Sales Model?  

Dan Caramanico alerted me to this dubious September 19, hbr.com article that explains their 5 Skills Every Salesperson Needs to Succeed.  It took three consultants to screw in the lightbulb that illuminates their five stupid-as-shit skills so let's take a look:

The five skills they claim everyone should have are not sales skills at all.  In their defense, their title doesn't state they are sales skills, but instead, skills that salespeople need to have.  As you read these, ask yourself, does EVERY salesperson need these skills, do certain salespeople need these skills, or do any salespeople need these skills?

  1. Anticipating the Customer's Tomorrow
  2. Collaborating Inside and Out
  3. Leveraging Digital and Virtual Channels
  4. Ability to Get Power from Data
  5. Capacity to Adapt

The three authors looked at sales job postings on Indeed and extracted their five skills of choice by looking at some of the requirements listed by enterprise companies, like Apple, Grainger, Microsoft, Pfizer, Bank of America and 3M.

Enterprise companies are rarely representative of small, medium and mid-market companies.  If we study industries that are considered old-school, like industrial distribution or building materials, they wouldn't even consider skills like these being associated with sales.  They're just learning what CRM is!

Let's look more closely at #3, digital and virtual.  This requirement simply states that salespeople must be able to use the tools that all salespeople have learned to use, like Zoom, LinkedIn, MS Office, and CRM.  In this day and age, those requirements are no different than twenty years ago when it was a requirement for a salesperson to have typing skills!

If we look at the top five sales skills that every salesperson - EVERY SALESPERSON IN EVERY ROLE - needs to have in order to succeed, I would choose these (data courtesy of Objective Management Group (OMG):

  1. Reaches Decision Makers - you can have all five of the skills listed in the hbr.com article but if a salesperson can't reach and meet with the decision maker, the skills listed above and below cannot be leveraged.  Salespeople who reach decision makers are 341% more likely to close the business.
  2. Consultative Seller - Salespeople must uniquely differentiate themselves and provide the prospect with an ideal solution that is both cost and needs appropriate.  The best way to do that is with a consultative approach based on excellent listening and questioning skills, attributes of the Consultative Seller competency at which only 11% of all salespeople are strong
  3. Value Selling - The ability to sell at a profitable margin is very important to most companies.  Selling Value is the skill that drives profit but it requires a set of beliefs, strategies and tactics to support the effort.  Simply spouting off a company's value proposition will not get the job done.  Only 31% of all salespeople have Selling Value as a strength.
  4. Qualifying - The win rate is driven by a salesperson's ability to thoroughly qualify an opportunity and there is a direct correlation between unqualified and lost, and fully qualified and won.  Only 21% of all salespeople have the Qualifying Competency as a strength.
  5. Sales Process - A custom staged, milestone-centric, customer-focused sales process will support and enhance a salesperson's ability to use a consultative approach, sell value and thoroughly qualify a decision maker's ability to buy.  Only 34% of all salespeople have Sales Process as a strength.

These five skills are Sales Core Competencies at which all salespeople must be good.  Compare these five competencies to the five skills in the hbr.com article and you will easily see that their five skills, without my five competencies, won't get a deal done.  On the flip side, I would argue that my five competencies, even without their five skills, will still get a deal done.

There are 21 Sales Core Competencies with an average of 8 attributes per competency.  OMG measures all 21 of them and there is an online tool where you can see the data behind all 21 Sales Core Competencies and break it down by industry and Sales Percentile.  OMG has assessed 2,253,218 salespeople.

Topics: Dave Kurlan, Consultative Selling, sales process, sales CRM, reaching decision makers, selling value

The Many Different Selling Roles and How They Differ - Part 1

Posted by Dave Kurlan on Wed, Jul 27, 2022 @ 12:07 PM

car-comparison

When you think about cars, you know there are coupes, sedans, crossovers, SUVs, and sports cars.  You also know there are luxury cars, mid-range cars and economy cars.  You also know there are fast cars and slow cars, flashy cars and vanilla cars, big cars and little cars, white cars, black cars and every color in between.  But if you were to think about specific features that differentiate one car from another, you would have to really think about it, wouldn't you?  It used to be easy.  Air conditioning, power brakes, power steering, power windows, power seats, side mirrors and automatic transmissions were standard in the expensive cars but not available in the budget-priced cars.  Today, most cars, in most classes include all of those features as standard.

The same kind of thinking is required when thinking about the various roles of salespeople.  We can name them: Account Executive, Territory Manager, Business Development Rep, Sales Development Rep, Account Manager, Key Account Manager, National Account Manager, Channel Manager, Application Engineer, Sales Consultant, Inside Sales, Outside Sales, and more.

To further complicate things, in some companies and industries, Sales Managers function as salespeople and Sales VPs function as Sales Managers.

While the above roles have selling as a primary responsibility, there are as many differences to selling roles as there are differences to the class or style of cars.  Today, we'll explore the difference between an Account Executive and a Business Development Rep.

I collaborated with Joe DiDonato, Chief of Staff at Baker Communications, and together we produced the following comparison.

Role Comparison for 21 Sales Competencies

While both roles overlapped in 10 key competencies, the capabilities in the remaining 11 competencies were very different. 

A successful AE needs to excel at 18 of 21 competencies that OMG assesses, while a successful BDR needs to excel at 13 of the 21 competencies. BDRs perform lead follow-up, send emails and connection requests, and conduct cold-calling. The reality is that most individuals in that role aren’t very good at it, based on the data we've collected. There is a prevailing misconception that those 3 tasks don’t require much selling ability because it’s “all top of the funnel,” but success in the role requires proficiency in 11 different sales competencies.

It’s the nature of each role’s responsibilities - and the prospect’s point of entry into the sales process and funnel - that requires different strengths. A BDR is focused on closing the prospect on initial sales and proof of concept steps at the top of the sales funnel. They’re going to be faced with 9 out of 10 callers rejecting them – if not more - and must be able to shrug that off without taking the rejection personally. As a result, the BDR must be “rejection proof” in addition to having strong hunting and closing capabilities. 

In contrast, the AE role relies on relationship building to move the opportunity down the sales funnel and through the formal sales process. Included in that effort is a strong consultative selling ability, as well as the knowledge of how to convincingly sell value to the prospect – both essential skills in moving the opportunity forward. 

Next comes strong presentation skills as the proposed solution has to be presented to multiple stakeholders, as well as a keen understanding and respect of the formal sales process that successfully moves the opportunity forward. Rounding out the AE's portfolio of skills is that the AE must have a considerably stronger comfort level around discussing money. 

So many opportunities are squandered as a result of an AE's failure to verify that the money is there, it can be spent, they are willing to pay more, and the value of more has been established. AEs who are comfortable having that conversation will outsell those who don’t. When they skip, avoid, or vaguely cover finances, proposals are generated for prospects who either won’t buy or won’t pay the price resulting in price objections, delays, business lost to competitors, or prospects choosing to do nothing. 

One of the most significant differentiators between the most successful AEs and their less successful counterparts can be found in the sales competency called Supportive Buy Cycle (shown in the table above). The attributes in the Buy Cycle competency correlate to how salespeople go about the process of making a major purchase for themselves and salespeople tend to sell in a way that is consistent with how they buy. The best salespeople determine what they want to purchase and simply buy it - without much consideration of price, alternate sources, having to think it over, and more. 

Conversely, the weakest salespeople tend to conduct research, comparison shop, look for the lowest price, think things over, and some of them even hate salespeople and "being sold" something. As you might imagine, the weakest salespeople understand it when their prospects want to buy the same way that they do, while the strongest salespeople don’t understand that buying behavior, push back, and ask questions. 

Strong salespeople have the ability to eliminate competition, shorten the sales cycle, and help prospects buy on value instead of price. It’s difficult for some salespeople to grasp the concept and consequences of this competency. But when salespeople change the way they buy so that it supports ideal sales outcomes, their revenue increases by 50%.

As you can see from the analysis, the skill sets are very different. Many companies treat the BDR role as an entry-level position in preparation for the more demanding AE role at some future date. But as closely aligned as these two roles are in objectives, they require different skills to be successful. As a result, the movement between roles is not as easily accomplished as most sales managers hope.

Before we conclude the article, it's important to note that for each of these 21 Sales Core Competencies, OMG includes 8-10 attributes (64 on one of them) for a total of around 275 specific sales findings and scores.  We have a site that shows the following data for each competency:

  • Average score for all salespeople
  • Average score for the top 10%
  • Average score for the bottom 10%
  • Average score in your industry
  • Average score for your company (you'll need some of your salespeople to take the evaluation to populate this bar on the graph - it's free for them to take it and populate the bar graph with your aggregate scores but you'll have to pay for the 30-page reports if you want them)

Image copyright 123RF

Topics: Dave Kurlan, sales process, relationship building, prospecting, sales core competencies, sales CRM, top of the funnel

10 Steps to Crushing Your Sales Forecasts

Posted by Dave Kurlan on Fri, Feb 18, 2022 @ 12:02 PM

One hundred years ago, most men and women wore hats and dressed up to go everywhere. Sixty years later, Dress for Success was founded and at the same time became somewhat of a thing where if you wanted to be successful, you needed to dress like you were successful.  That was followed by business casual Fridays and then always business casual. Finally, the tech industry ushered in the current movement for business dress, the "who cares?" dress code.  The pandemic changed everything so that "who cares?" temporarily became whatever you were wearing when you woke up this morning!

Times change but one constant is the requirement for monthly, quarterly and annual sales forecasts.  It used to be difficult to come up with that number but with the technology we have today, a single click in our CRM applications should show us the accurate number.  But there is always a lingering question that accompanies that click:  Is that really the accurate number?

Most sales leaders have to perform major tweaks to that number because the opportunities in the CRM aren't up to date, the opportunities don't contain all the information, and the probabilities and dates are likely over stated.  But despite playing with the data, the sales leaders's attempt to settle on a single, more realistic number will usually be incorrect. In my experience, there are three distinct types of CEO reactions to this constant epidemic of missed forecasts:

  1. The revenue is fine and the margins are high regardless as to whether the team does or doesn't hit the forecast number and they simply don't care.  They are in the minority but they are definitely out there.
  2. Some CEOs have become so numb to this monthly ritual that the likelihood of an inaccurate forecast has been baked into their operation.  They expect it to be wrong.
  3. Finally there is the third group. They become more and more pissed off with every blown forecast and don't understand why it continues to occur or what to do about it. 

Watch this 3 minute rant from me to hear what I believe is to blame.

I feel better now that I got that off my chest...

Here are 10 steps to put an end to missed forecasts:

  1. CRM - Cut your losses and move to a salesperson-friendly CRM so that your salespeople will use it and keep it updated. If they see it as a tool to help them sell rather than a replacement for call reports you'll have realtime data and isn't that the primary executive function for CRM?  I recommend Membrain.
  2. Sales Process - Have your trusted sales consultancy customize and optimize your sales process.
  3. Tools - Have your trusted sales consultancy build a predictive scorecard and simple playbooks. 
  4. Integration - integrate the sales process, scorecard and playbook into your CRM.  It should all be working together inside your CRM.
  5. Training - Train your salespeople on how THEY can get the most out of THEIR CRM application and share your expectations as to daily use.
  6. Accountability - Hold salespeople accountable for keeping it updated daily. It's a condition for continued employment, or for releasing their commissions, or for expense reimbursement but under no circumstances is it optional.
  7. Evaluation - Ask your sales consultancy to have your sales team evaluated in all 21 Sales Core Competencies so that you can identify capabilities and gaps and weaknesses and get them fixed.
  8. Training - Get comprehensive training for your sales managers on how to effectively conduct opportunity reviews and coach up your salespeople.  Isn't that one of the primary sales management purposes for CRM?  
  9. Training - Have your sales training company provide comprehensive sales training in all the areas identified in the sales team evaluation.
  10. Annual Review, tweak and repeat.

Ready to get started?  Let's go!

Topics: sales process, sales training, Sales Coaching, evaluation, sales CRM, sales forecast, sales team, opportunity review

Eliminate Delayed Closings Once and for All

Posted by Dave Kurlan on Mon, May 14, 2018 @ 06:05 AM

leavesA long time ago I realized that in the suburbs outside of Boston, new leaves reach full size each Spring on May 11.  This year, with the cold April we endured, May 11 came and went and the leaves were delayed.

That said, spring leaves on May 11 are exponentially more predictable than pipeline opportunities.  Why might an opportunity not close when it was forecast to?

Technically, there are seven possibilities:

  1. Closes as forecast and you win.
  2. Closes when forecast and you lose.
  3. A short delay that you will close
  4. A short delay that someone else will close
  5. A long delay that you will close
  6. A long delay that someone else will close
  7. A delay of any duration that results in no decision.

And why might those conditions apply?

  • Your CRM application wasn't configured to properly calculate the projected close date
  • Your sales process/CRM application does not include a scorecard that scores and predicts a win
  • The opportunity was not thoroughly qualified because the salesperson:
    • didn't know how
    • wasn't aware of the need
    • fear or discomfort
    • ignored what the prospect said
  • The salesperson had happy ears

The statistics on salespeople evaluated and assessed by Objective Management Group (OMG) show us that only 27% of all salespeople have the Qualifier Competency as a strength.  The top 10% of all salespeople only have an average of 77% of the attributes of a Qualifier and all salespeople average 53%.

The same statistics show us that only 30% of all salespeople have the CRM Savvy as a strength.  And the top 10% of all salespeople only have an average of 64% of the attributes of CRM Savvy and all salespeople average 43%.

And 27% of all salespeople have the Milestone Centric Sales Process as a strength while the top 10% of all salespeople only have an average of 66% of the attributes of the Sales Process Competency and all salespeople average 49%.

Of the nearly 6,000 candidates that were assessed in the past 4 weeks for sales positions, 38% of them "think it over" when making major purchases.  That makes them vulnerable to prospects who wish to think it over at closing time, extending the sales cycle, and causing a delay. because they "understand."

See OMG's statistics in all 21 Sales Core Competencies and filter by industry as well as your company.

Preventing delays can't always be avoided but more thorough qualifying makes a huge difference.  The key is asking more questions.  When you think you have asked enough, there are always a few more you can ask.  For example, in this article, the difference between "nice to have" and "must have" are often the difference between delays and closes.  This article shows that the when salespeople meet with the actual decision makers they are 56% more likely to close the business.

Image Copyright iStock Photos

Topics: Dave Kurlan, sales CRM, qualifying, OMG Assessment, steps in a sales process, delayed closings

Is it Your Salespeople or Did You Make a Bad Decision?

Posted by Dave Kurlan on Wed, Oct 19, 2016 @ 12:10 PM

carbucknjalopy.jpg

Consider buying a car that had an insanely cheap price, with every option you could imagine, as well as options that you never thought you could use.  Nice!  But, you can't drive it until you hire an after market specialist to install instrumentation on the dashboard, a steering wheel, brakes, and gas pedal in the driver's area.  When you finally accept delivery and take it for a spin with your family, everyone hates it, nobody wants to drive with you, and you feel like it wasn't such a great price after all. You can't trade it in, and now you're stuck with it. Sounds impossible, doesn't it?  But for many companies, that is exactly how things are playing out for that purchased this popular application.

Salesforce.com.  

Consider this quote from a client:

"You were right, you know.  Six months ago, when you told us that we wouldn't be happy with the integration of the customized sales process into Salesforce.com, we didn't understand what you meant.  But now we do.  It's clunky, not really part of the interface, the customization cost us tens of thousands of dollars, and it doesn't work the way we need it to.  We are so sorry we didn't listen because that train has left the station."

Companies think they have to buy salesforce.com when, in reality, there are some really great alternatives.  Our favorite is Membrain.  It doesn't cost as much, doesn't require third-party integrators to get it to do what you want, and has perfectly good dashboards out of the box.  There's even a standard configuration for Baseline Selling.  [Speaking of Baseline Selling, I've received so many compliments on the great job of the voice over talent on the new audiobook!  You can order all versions (hardcover, paperback, Kindle, audio) of Baseline Selling here.]

Nobody should be stuck in a CRM application that salespeople don't want to use!  They will be inconsistent at best with regard to entering data, when they should actually be living in their CRM application.  Whether they are inconsistent or invisible when it comes time to enter and update opportunities, you won't have real time data on your dashboard and that makes the application useless to management.  At that point it's like owning a car that has a folding chair for a driver's seat and the car does not have a working speedometer, odometer or gasoline gauge. 

CRM is important.  Accurate forecasts are important.  Visibility into each and every opportunity is important.  Integration of the sales process that must be executed and the stage and milestone on which each opportunity sits is important.  Real time visibility is important.  If it's not working for you, cut your losses and move on.  Isn't that what you would do with an under performing salesperson?

Kitedesk featured me in a Sales Expert interview that you can read here.

I was the guest expert on a Rapid Learning Institute Webinar on the sales candidate interviewing mistakes you must avoid.  You can listen to that Webinar here.

I'll be hosting a 30-minute presentation of my own on October 25 at 11 AM Eastern.  I'll be talking about the 6 Hidden Weaknesses that impact sales revenue!  If you would like to listen in, you can register here.

Topics: Dave Kurlan, Baseline Selling, sales process, sales CRM, membrain, salesforce.com

The 3 Most Important Questions about Sales Process and My Answers

Posted by Dave Kurlan on Mon, May 09, 2016 @ 06:05 AM

process.jpg

Sales Process is a topic that I have chosen to write about around 25 times over the past 10 years. All 25 articles can all be found in my series on Sales Process.  Lately, we are finally beginning to see some improvements being made in this area.  For example, back in the early 90's, when Objective Management Group (OMG) first began measuring the existence of sales process, only 9% of all salespeople were following one with any degree of consistency and effectiveness.  It was amazing to me that for 20 years, this number failed to change!  But recent statistics are showing that 20-25% of companies and their salespeople are finally following and using a sales process.  Hooray!

With sales process finally getting the necessary attention, we should turn our attention to the three related issues that need to be addressed.  Which sales process should you select, and into which CRM application should it be integrated and how can it be customized?

To help answer the question of which sales process, it's important to understand that there aren't that many to begin with!  Names you might recognize as sales processes, like Challenger, SPIN and Sandler, are really methodologies - not processes.  For example, this short video explains one complete Sales Process - Baseline Selling - and compares it with Challenger, SPIN and Solution Selling.

It should be clear that you need a complete process and it should be customized for your business, what you sell, who you sell to, and the challenges that you face.  If you already have a process, or think you have a process, you can grade it for free using our complimentary sales process grader.

As for the CRM into which it should be integrated, where do I start?

Enterprise-size companies will need to choose Salesforce.com because it's the only platform that will do everything an enterprise-size company needs.

For everyone else, there are lots of choices, and Salesforce.com is probably not the best choice - unless you like spending a ton of money on customization, only to have a clunky interface that salespeople dislike.  And if your salespeople don't like it, they won't live in it, and if they don't live in it, the information on that dashboard, which you paid a fortune to customize, will be as useless as a typewriter.

It's difficult, and in some cases, impossible, to truly integrate sales process into CRM and expect its presence to be useful.  However, there is one CRM application which is perfect for businesses where the focus is sales process, the playbook, the pipeline and the dashboard.  Salespeople love it and that means they will live in it, data will be available in real time, and your dashboard will be predictive!  It doesn't need a whole lot of customization out of the box, and what customization it does require, won't require an integrator.  I think that if you check out the version of Membrain with Baseline Selling pre-integrated into it, you'll want to have it.

Some companies really get stuck when it comes to CRM, swayed by the crowd to move to Salesforce.com, but overwhelmed with the work required to roll out an instance of salesforce.com to their sales force.  Speaking of stuck, the folks over at #Getunstuck asked me to record a short video for them on how I get unstuck and you can check it out here.

Getting back to CRM, I've also written a dozen articles on CRM.  This article on scorecards illustrates the power of having a CRM application that can be easily customized and tweaked as you go along and gain more information.  Another article discusses the 16 problems with CRM.  Finally, this article provides an example of how you can use the information on a CRM dashboard to improve revenue.

Sales process, without a CRM application that can fully utilize it, is solving only half of the problem.  CRM, without a good sales process, yields the same net outcome.  And when both the process and the CRM app are not as good as they could be, you're essentially moving at the speed of water evaporating!  You're slowly moving backwards!

Topics: Dave Kurlan, sales process, sales CRM, membrain, salesforce.com

Sales Pros! 10 Things You Must Do Before Leaving for Summer Vacation

Posted by Dave Kurlan on Wed, Jul 01, 2015 @ 09:07 AM

beach-ball.jpg

Copyright 123RF Stock Photo

Are you going to the beach? On a sail? On a tour? To another country? To a lodge? To a resort?  Regardless of your destination or purpose, make sure you bring some good books, disconnect from your email and social networks, and actually use the time to recharge. That's good old common sense. But if you really want to kick some ass when you return from vacation, you'll want to make sure you do these important things too:

  1. Turn on your auto-responders and leave a useful message - do not let it go out with the default note.
  2. Change your voicemail message.
  3. Schedule the first two days following your vacation with Office Time. You'll need it to respond to 300 emails, return 20 phone calls, and go through mail, documents, and issues that may have arisen while you were gone.
  4. Schedule half days of prospecting time for the 3rd-5th days back.
  5. Before you leave, make sure you have meetings scheduled for the other half of days 3-5 after your return.
  6. Before you leave, schedule meetings for your entire second week back. You must complete that before you can leave for your vacation!
  7. If you're like most salespeople, you have more prospects in your dead/lost/stuck folders than in your active pipeline. Contact all of them before you leave and see if anything has changed since the last time you spoke. Let them know that you're heading out for vacation and would love to talk with them in either late July or early August if they think there is a reason or if they would like some help.
  8. Make sure your CRM/Pipeline Management application is completely up-to-date and each opportunity accurately reflects where you are today, what the next steps are, the realistic projected closing date as well as the realistic spend, where you are versus your competition, and the realistic likelihood of closing. Also make sure that the notes for each opportunity are up-to-date.
  9. Check your task lists, calendar, Evernote, CRM and email and be certain that you do not have any outstanding proposals, return calls, follow-ups or promises that slipped through the cracks. It's easier to take care of those things with an apology before you leave, than it is to kiss those opportunities, customers and clients goodbye when you return.
  10. Identify any prospects or customers that could possibly have an issue while you're gone and ask someone you trust to help in case you aniticipated correctly. Prep them and go away without worries.

Have a great vacation and when you get back, please go out and kick some ass.

Topics: Dave Kurlan, sales tips, sales CRM, sales follow up

Approaching 2015 From a Sales Perspective

Posted by Dave Kurlan on Mon, Dec 22, 2014 @ 06:12 AM

newyear

Copyright: 123RF Stock Photo

You’ve made your New Years resolutions to exercise, lay off the carbs, lose weight, be kind, leave the cell phone in another room at night, close the laptop by 7PM, and be an all-around better person. You may have even set your goals for 2015. But what can you do to kick-off the New Year so that 2015 is your best sales year ever? Here are my top 10 tips: 

  1. Go All In on Your Goals and Write a Plan. If you know how much money you want to earn in 2015 and have a compelling reason to earn it, the next step is to figure out how. Subtract your salary as well as commissions on booked and/or residual business to determine the remaining required income. Based on your existing commission or bonus plan, how much new business must you close? How many new sales or accounts are required? What are the metrics to close one – in other words, how many proposals, demos, qualified opportunities, prospects and suspects does it take? Multiply that by the number of new sales or accounts required. You now have the activity required. Divide that by the number of selling days in the year. That gives you your daily metrics. Chapter 3 in my Baseline Selling Field Guide will step you through this entire process. Finally, where will that business come from? How much of that is already in your pipeline and how much of it must be found?
  2. Live in Your CRM. Resolve to begin each day from inside your CRM and specifically, in your pipeline. I love the ready-to-use Baseline Selling version of Membrain for this purpose. From the exercise above, you should know how many opportunities are required for each of four stages of the pipeline. A pipeline with typical conversion ratios might have 12 Suspects, 6 Prospects, 3 Qualified and 2 Closable. Determine how many opportunities must be added to your pipeline, which opportunities need your attention to move forward, and which opportunities are ready to be closed. Use email as a tool to make your pipeline work; not the other way around.
  3. Use the Phone. Use email to confirm dates, times and numbers and exchange agreed upon information. Do what old-school salespeople do and have ALL of your non face-to-face meetings over the phone. Follow my lead and conduct video conferences. Quickly create a page like this one that I built in Postwire for a professional, slick, and impressive way to share necessary documents, collateral and content instead of sending via email.
  4. Improve Your Sales Capability. Skills are only a part of what can make you effective. The truth is that your Sales DNA is an even more critical part of a salesperson’s makeup than skills. Sales DNA is represented by strengths that support your ability to execute, or weaknesses that interfere. My SalesMind CD uses powerful self-hypnosis and affirmations to help you quickly overcome your weaknesses and strengthen your Sales DNA. Quickly improve your ability to ask great questions, push back, talk about money, become rejection-proof, overcome call-reluctance, control your thoughts and emotions, reprogram your self-limiting beliefs, become a better decision maker and much more.
  5. Be Productive. Use powerful web applications or device-specific apps that sync across all of your devices so that you can get more done. I like Wunderlist for tasks, Google Calendar, Evernote for notes, Schedule Once (Membrain users have our own version of this) to make it easy for people to schedule a meeting with you, ToutApp for managing email lists and templates, Hubspot for my Blog and inbound analytics, Google Drive for documents and spreadsheets, Wistia for video, and Dropbox for file storage. Shufflr is great for sharing PowerPoint files with my team as well as quickly and easily building presentations from slides you’ve already used in other presentations. I use Zoom for HD video conferencing and AdobeConnect for my Webinar/Video Broadcast platform. It’s only with email that I use different applications on different devices. On my Mac desktop and laptop, I use Outlook for Mac. On my Android phone, I use MailDroid, and on my iPad, I use Acompli. So while the emails apps are all different, they still sync across all of my devices.
  6. Become a Consultative Seller. I’ve written about this enough. You know what it means. It’s time. Be like Nike. Just do it.
  7. Become a Value Seller. I’ve written a lot about this recently. Check out this series of value selling articles on my Blog.
  8. Follow a Proven, Milestone-Centric Sales Process. Check out this series of articles on Sales Process from my Blog.
  9. Look at that - You skipped over tip #1 – it’s so easy to skip that; I included it twice because it’s really the first thing you need to do in January!
  10. Be More Productive. Use ConnectAndSell to reach more prospects by phone than you ever believed possible. Using their service, you can connect with 7-8 prospects per hour instead of per week.

There you have it.  Follow my 10 tips for getting 2015 off to a good start and this could be your best year ever!  I wish you Happy Holidays and a safe New Year.

Topics: Dave Kurlan, Consultative Selling, sales process, postwire, sales CRM, membrain, selling value

Sales Leadership Observations about Pipeline and Terminations

Posted by Dave Kurlan on Sun, Jun 02, 2013 @ 22:06 PM

The Pipeline, The Funnel and the Inaccurate Forecast - It gets a bit scary when people who are experts in one thing write about another.  Today's example was sent to me by OMG partner Mike Shannon.  He sent along a recent BtoBonline.com post by Jeff Perkins.  Jeff suggests that the sales funnel is a thing of the past, but his examples, and therefore reasons, are way off base.  He seems confused about what the sales pipeline or funnel is supposed to do for us.  

His examples are that people change their minds about what they will buy and/or take varying amounts of time to become customers.  

But pipeline isn't about the what or the how long; it's all about tractionmovement, the if and the when.  The funnel or pipeline shows prospects moving from stage to stage in the sales process whether they are buying one or ten, spending $10K or $100K, or buying in 2 days, 2 weeks, 2 months or 2 years.  

Many sales leaders are confused about the pipeline.  After all, the single biggest complaint I hear is the one about inaccurate forecasts followed closely by delayed closings.  The pipeline should be the single most accurate predictor of future revenue.  If your pipeline is not providing you with that information, something is wrong with either your process, your stages, your criteria, your CRM, or your people.  And don't rule out yourself on this one.  Many leaders have simply given up!  You must fix it.  The pipeline should also be a powerful coaching tool.   Is yours?

The Termination, The Cake and the Celebration - I was called into a conference room last week where I found my team waiting for me with a cake.  I asked if we were celebrating our big month, but was told that we were celebrating the one-year anniversary of a firing!  

That particular firing was a huge milestone and it allowed us to build a better team, a better product and a better company.  Sales leaders often fear, delay and sometimes refuse to put termination on the table.  We hear things like, "You need to know that we aren't getting rid of anyone." in the same conversation as "Our numbers are unacceptable."  More importantly, sales leaders often worry that terminations will be viewed as a negative or demotivate the team when, in reality, the opposite is usually true.  Wouldn't a cake and celebration by the remaining and new team members be a good indication of that?

Topics: Dave Kurlan, sales pipeline, sales funnel, sales termination, sales CRM

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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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