Sales Training and Sales Management Expertise

Sales Training Sales Java

Dedicated to extraordinary sales performance.

Skip Navigation LinksHome > Sales Java Blog  

Sales Management Workshop

Sales Managed TeamPlease join us for this power up sales management workshop on March 11, 2010.

Beat the Daily Grind

Click here for a jolt of Sales Java.

Register for Tony Cole's On Demand Webinar!

Drive Your Sales Team's Prospecting Activity

Listen to Tony's Live Interview with Business Expert Radio!

Subscribe by Email

Your email:

Free! Sales Grader

For a fast and easy way to grade your sales force, click this link: Sales Grader!
     

Read Tony's article...

Hire SalesPeople Who Can and Will Sell in These Tough Markets

Click here for more information on a tool so reliable that you can eliminate 96% of the mistakes made when hiring salespeople.  Express Screens provide easy, instant access to a hire (or no-hire) recommendation.

Free Recruiting Test

How much are you spending on Salespeople who can't or won't sell?  Click on this Free Recruiting Test to find out how much 'Sales Ghosts' are costing your company.

Free Download

Register here to receive a free copy of Tony Cole's e-book, The Best Prospecting Book Ever.

Free Hiring Mistakes Calculator

Sales Hiring Mistake Calculator

Tony Cole on TV

Click here to see Tony Cole "LIVE" on Business Beat!

Alltop.com

 

Local Business Directory

 

Browse by Tag

Executive Coaching

Don't Miss Out!

The Sales Development Experts at Anthony Cole Training Group help companies drive consistent and predictable sales results.  You can sign up to receive the weekly Sales Java here.

Sales Java Blog

Current Articles | RSS Feed RSS Feed

Sales Scorecard for Success

Posted by Tony Cole on Tue, Nov 18, 2008

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.

Tags: , , , , , , , , , ,

COMMENTS

Currently, there are no comments. Be the first to post one!
Post Comment
Name
 *
Email
 *
Website (optional)
Comment
 *

Allowed tags: <a> link, <b> bold, <i> italics

Receive email when someone replies.