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Like many sales training and development companies that focus on selling and sales management, we had our way of describing the sales process but nothing seemed to stick. A couple of years ago, Dave Kurlan wrote a book called Baseline Selling. It is a description of the sales process that Dave had been using a for a couple of years, and as a distributor for the Objective Management Group, of which Dave is president, I was familiar with his approach. So, I sought permission to use the diamond and here we are today. Our clients now describe where they are in a sales opportunity by the current base they are on. Finally, a 'sticky' way to get people to remember the sales process. In this post, I focus on getting to first. According to answers.com, there are 8 methods a batter can use to arrive at first:
This is how I see it:
In baseball, a batter usually wants to get onto first base any way possible. But how about you? When you look at the list, is there one of the 8 that seems to be the best way to get there? If so, ask yourself how you are taking advantage of that 'best' way. Ask yourself if you are taking advantage of your greatest skills and greatest resources to maximize your opportunity to get to first base.
My questions to you are:
If you are not spending most of your time and effort on the best way, why not?
What impact does this have on your effort, your results and your effectiveness?
What do you need to stop doing in order to start doing what would provide you the best and most effective results?
When are you going to start?
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I work with CEOs that are afraid of what the current economic environment will do to top line sales revenue. Certainly they can get more creative with expenses, but eventually that will have a negative impact on leveraging new opportunities. It doesn't take talent to cut expenses; it is a math formula. However, it does take talent and creativity to drive new business sales when markets are like they are today. That is where we come in.
At Anthony Cole Training Group, we use an assessment built and constantly perfected by Objective Management Group. The assessment and the resulting findings provides information about sales strengths, sales weaknesses and sale skills as they relate to 21 core sales competencies. My question today, and in 2 additional blog posts, will be: How are you addressing these core competencies in your sales development program (either individually or corporately?) If you are reading this as a participant of one or our training programs, then this information will have a tone of familiarity, so you will be able to relate to the content. However, you may have been more recently focused on technique rather than the core issues that may be hindering your sales success. I encourage you to read these posts and identify how they can be additive to your current program. If you are not one of our participants, feel free to go to our website and take the sales grader to find out how you are doing against best practices in sales. Here are the first 7 core competencies:
The best thing to do is to pick just one of these that seem to be the area where you need the most work. Tackle that one first. Not the one that is easy, but the one that will have the most positive dramatic impact on your business. And if you need me call me @ 513 791 3458.
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I'm reading the book ‘Who'. No, the author is not Dr. Seuss it is Geoff Smart and Randy Street of ‘Topgrading' fame and fortune. The book is about prospecting, evaluating, assessing, interviewing and selecting the right candidate for the job. The job could be sales, management, finance, or operations; it doesn't matter. As Jim Collins states in his book ‘Good to Great', "it is about getting the right people on the bus and in the right seats." I'm thinking the same thing applies to you and your sales business. You need a sales scorecard.
The best way to upgrade your client is to have a preferred customer or client base. In banking, they identify segments such as business banking, middle market, retail and private banking, just to name a couple. Why wouldn't this make sense in all sales? The short answer is that it does. I was with a group yesterday, Melink, a company that specializes in helping companies and entities build or retro build ‘green buildings'. They have sales people that specialize in specific market segments.
If your company doesn't look at marketing and sales that way, it doesn't mean that you can't. You should have a scorecard of sorts to make sure that the people you are getting introduced to fit the mold of the ‘perfect client' for you. When you work with your ‘perfect client', you provide greater value because you are more familiar with that particular market segment, you know the solutions they typically need and you have a product that fits their specific needs. However, the problem is that you don't have a system or process in place to make sure that you are really getting the ‘ideal' client for your ‘book of business'. You need a sales scorecard. So here you go. Feel free to use, edit or reproduce any way you feel is appropriate to your specific business, but keep the concepts in place and make sure that you have some sort of accountability process in place to ensure you adhere to your scorecard. If you would like further discussion on this feel free to call.
How to create a scorecard
Mission
Develop a short statement about why you want this type of client. To better serve and develop specific products and services for those companies in the ABC industry. Better serve means that I will become an expert in that field, develop specific products and services for that market segment and to become the dominant player and resource for those in that space
Outcomes
Develop at least 3 specific outcomes that you WILL achieve and no more than 8. These outcomes must be described and reflective ‘extra-ordinary' outcomes. To do that you must not only describe the outcomes but set standards that you will measure against
Demographics
Identify the demographics of the ideal prospect: Volume of sales, # of employees, # of power units, # of locations etc. You should also identify the specific market segment, geographic location, potential revenue volume and soft issues like ‘easy to do business with', has a strong credit history and has an appreciation for a stewardship versus price approach to doing business. Willing to partner instead of vendor relationship
Support
You must make sure that you have aligned your support staff and the resources within the company or companies you represent. You may become an expert in waste hauling but if your support and resources can't provide you the product and service you need and cannot support the backroom requirements then it doesn't matter that you are an expert in the field.
Once completed, share this scorecard with anyone that can potentially interface with your clients to make sure there is synchronization in focus, effort and support for this type of client.
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