ACTG Sales Management Blog

Sales & Sales Management Expertise Blog  

I Would Sell More and Increase Sales If Only I Would....

Posted by Mark Trinkle on Fri, Feb 07, 2020

In this blog post, we present a question that may force you to look yourself in the mirror and ask, "What can I do better as a salesperson to increase my sales in 2020 and beyond?" 

This question, although difficult to admit and analyze, is necessary in your evolution as a salesperson.  

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I've got a fill-in-the blank for you.  Are you ready?

"I Would Sell More If Only I Would __________"

What comes after would? We had the chance to ask that question around the country with a variety of companies both large and small, and it's interesting to hear how salespeople respond when you ask them to fill in this particular blank.

Sometimes, you'll hear excuses.

Sometimes, you'll hear valid reasons for why they're not selling as much as they would like or their manager would like. When we hear these valid reasons, we immediately think about the core steps in the sales process.  

First, you have to call on your prospects.  Then, you have to go see them.  You must set meetings, you must qualify prospects, deliver presentations, and of course, you have to win your fair share. 

If you're not where you want to be in 2020, ask yourself,

  1. Why are you there?
  2. How long have you been there?
  3. Are you fully committed to getting back on track?
  4. What's going to be required to get back on track?
  5. Do you have to get there?
  6. What happens if you don't?
  7. What is the problem costing you?
  8. Do you have to fix it?

If you know anything about our organization, you know that is how we encourage the unveiling of the sales process. 

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Asking your prospects questions like:

  • What is going on?
  • What do you have to fix this problem?
  • How long has it been a problem?
  • What have you done to try and fix it?
  • Do you have to fix it?
  • What happens if you don't fix it?
  • What's this problem costing you? 

All of that fits into one of two categories: Excuses or reasons

Just remember as you answer the question, "I could sell more if only I could ____."  If your answer is an excuse...

"Excuses are the nails used to build houses of failure."

Now go out there and get it done!

To learn more about our organization and services, click the link below: 

Sell Better. Coach Better. Hire Better.

Topics: Sales Training, increase sales, hire better salespeople, consultative selling, consultative sales coaching, sales training courses, online sales training, hire better people, insurance sales training, train the trainer, driving sales growth 2020, sales training workshops, sales training seminars

Top Habits of Highly Successful Sales Managers

Posted by Jack Kasel on Tue, Jan 28, 2020

The sales management activities that we perform today create the results that we achieve today.  What activities are you doing now that are creating your current unsatisfactory results?  How can you change them? 

It is up to us as sales leaders to set higher standards for sales behaviors and hold our salespeople accountable so that we can increase sales, improve company culture, and hire better salespeople.

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It is a given that successful sales management requires contributions on many levels:  skill, time, effort, effective execution and systems and processes to support coaching, performance management and recruiting.

To help understand what makes a successful sales manager, it is helpful to review the Habits of Highly Successful Salespeople.  I recently asked the participants of a workshop to identify and share those habits that they believed contributed to the success of their best salespeople.  Here are some of the common habits identified below:

  • Develops great relationships
  • Networks regularly
  • Good time management
  • Gets to decision makers
  • Is selective in prospecting
  • Provides exceptional customer service

Then I asked these participants to talk about the flip side of the list, or those habits that inhibited or hurt a salesperson’s ability to close more business.  Here are some of the habits they identified below:

  • Sells on price
  • Inconsistent prospecting
  • Procrastinates
  • Presents to the wrong people
  • Sells to anyone that fogs a mirror
  • Poor prioritization
  • Is too comfortable

How about you and your habits?  What are those habits that you can point to that you know have a positive impact on your team’s sales behaviors and results?  Here are some that I observe and hear about:

  • Coaches in-the-moment to get a deal closed
  • Reports sales results
  • Makes joint calls
  • Sets goals
  • Conducts regular sales meetings
  • Reviews and reports pipeline

This is a good list and with some additions, it can become a great list. To examine what else you might want to consider, take a look at the following list of elements necessary for successful coaching:

  • Debriefs sales calls effectively
  • Asks quality questions
  • Controls emotions
  • Allows salespeople to fail
  • Implements and manages the execution of a consistent sales process
  • Motivates when coaching based on individual/personal goals
  • Coaches to improve skill and change behavior
  • Gets sales people to follow through on commitments

It’s not enough to just have the skill.  In order for managers to be successful at having a sales team built for growth, the manager must be in the habit of using those skills.

Sell Better. Coach Better. Hire Better.

Being an extraordinary sales manager is grueling and time-consuming.  It requires attention to detail, the ability to have tough conversations with those who are not meeting their numbers, the desire and commitment to grow yourself and your salespeople, consistent activity and patience, and so much more.

Like the coach of a winning team or the conductor of an extraordinary symphony, you have the ability to positively affect the success and the lives of your salespeople and company. 

Now, go make it happen!

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Topics: Sales Training, increase sales, hire better salespeople, consultative selling, sales effectiveness training, banking sales training, professional sales training, consultative sales coaching, corporate sales training, sales force performance management, sales training courses, hire better people, driving sales growth 2020, online sales management training, sales training workshops

Implementing Core Sales Values to Help Your Sales Culture | Increase Sales 2020

Posted by Tony Cole on Tue, Jan 21, 2020

In the 2nd post in our "2020: The Year for Sales Growth" blog series, our Founder and CLO Tony Cole, discusses the importance of maintaining core sales values within an organization, how these values relate to organized sports, the erosion of these said core values, and the impact they have (or can have) on your attempt to grow your sales organization and sales numbers in 2020.

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I have been playing tennis for close to seven years now.  If you watched me play, you would describe me as a "football player who plays tennis."  I play hard, I compete, I hate to lose, and I play to win.  But at my age, I recognize my limitations, and I accept them. 

It really doesn’t matter that my chosen sport was football. What matters more here is what it means to have participated in organized sports for many years, and what has happened to the core values and benefits passed down from generation to generation. 

One thing I have noticed is the erosion of those core values and the impact they have (or can have) on your attempt to grow your sales organization.

Last night, when I went to play in my weekly tennis league, I noticed a banner that you may have seen at the beginning of this blog (I'll Never Be Benched, Subbed or Picked Last).  With every movie I see, song I hear, or book I read; I always apply them to sales, selling, sales management or recruiting.  It happened when I saw the banner and it distracted me for the remainder of the evening.  I couldn’t help but think that the rest of the banner might read:

  • I won’t get the grades I need to get into school or a good job
  • I won’t get into the school of my choice
  • I won’t get the promotion
  • I won’t get a raise
  • I won’t win the part in the play
  • I won’t win the heart of a significant other
  • I won’t be able to beat my competitor in a tough sales situation
  • I won’t get the loan I need for a place to live

As you think about what is required of a successful salesperson, what attributes or characteristics are required to be successful? Dave Kurlan at Objective Management Group knows the answer to that question, and by extension of our relationship with him and his organization, we know the answer as well.

Click here to identify what your top performers look like compared to 1.8 million others and top performers in your industry segment.)

Sample Sales Candidate Assessment

What we know is that the top 25% of all salespeople have The Will to Sell which includes: 

  • Desire to succeed in selling
  • Commitment (willing to do everything possible to succeed) in selling
  • Taking responsibility for outcomes – they don’t make excuses
  • A strong outlook
  • Very motivated

Their Sales DNA scores exceed 68%.  This means that they have strengths in the following areas:

  • No need for approval
  • Control emotions
  • Supportive believes
  • Supportive buy cycle
  • Comfortable discussing money
  • Handle rejection

This research, based on close to 2 million sales evaluations, shows that perhaps the most important contributing factor in the DNA score is, "Handles Rejection."  Meaning, that the most significant factor in determining if your next salesperson hire will be a fit, comes down to if they can handle rejection from prospects. 

Simply put, if they can't, then they are probably not a fit for the role!

When evaluating your current talent or looking for new talent, put a check mark next to the attributes you think are important to succeed in your organization.  Then, make sure that in your vetting process, you look for those attributes.

Finally, make sure that your children, grandchildren, nieces and nephew are put in positions where they have to overcome adversity, work hard to succeed, and are recognized for what they actually accomplish, rather than just competing.

Sell Better. Coach Better. Hire Better.

Topics: increase sales, hire better salespeople, consultative selling, creating new sales opportunities, sales and sports, sales productivity tools, professional sales training, consultative sales coaching, social selling, hire better people, driving sales growth 2020, handles rejection

Being Sales Assertive in 2020

Posted by Tony Cole on Thu, Jan 09, 2020

Are there certain characteristics that make someone (or a salesperson) assertive?  We believe so.

And if you are a prospect, you want to have honest, direct and assertive conversations with a salesperson so that they can make better, more critical decisions.

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There are many contributing factors as to why someone may not be very assertive such as:

  1. Learned helplessness
  2. Having low self-esteem
  3. Not having a "Go-giver" mindset 
  4. False bravado
  5. Living life out of balance causing a sense of desperation and a crisis management approach to work rather than a self-management approach to work.

Assertive people have certain characteristics.

  • First of all, they have minimum acceptable standards for themselves and those people around them. They don’t associate with toxic people – they work with nourishing people.
  • They have a goal philosophy; they have lots of goals and then they continue to pursue those goals and achieve those goals.
  • They get outside the box. If you’ve seen the 9-dot exercise, you’ll know what I’m talking about. They get outside the dots- they expand their comfort zone.
  • Next, they take risks and they understand that taking risks can result in failure. But, failure becomes defined as just another step towards success. They’re persistent. They find other ways to close.
  • They make decisions themselves which makes it hard for them to understand why someone would want to "think it over".
  • They know what they stand for and they won’t fall for anything that falls under the category of an objection or a stall.  
  • They control the sales process. You can ask them about next steps and assertive people can give you specific details about what happens next.

To overcome the hurdles that might trip you up as you attempt to be more assertive, you might consider the following:

  1. As they said in The Godfather, “It’s not personal; it’s business.” Don’t take it personally.
  2. Take ownership of how you feel. Nobody can make you feel the way you feel in terms of being uncomfortable. You choose to feel a certain way.
  3. Consider Emerson’s quote, “Do the thing and you’ll have the power.” There will be times during a sales process or sales step where you will feel the need to be assertive but you will be afraid. DO the thing… do the thing that you’re feeling and you’ll have the power.

As always, thank you and have a perfect day.

Topics: effective sales coaching, Sales Coaching, sales motivation, sales producers, sales differences, sales growth problems, creating new sales opportunities, selling tools, sales productivity tools, sales conversations, sales effectiveness training, banking sales training, professional sales training, consultative sales coaching, corporate sales training, online sales training, hire better people, driving sales growth 2020

5 Strategies to Increase Sales and Have Your Best Year Yet

Posted by Tony Cole on Tue, Jan 07, 2020

Welcome to our newest blog series titled, "2020: The Year For Sales Growth".  These blog posts will specifically focus on helping you drive (and increase) sales in the new year. 

Starting with today's post, we bring you 5 strategies to help increase your sales to have your best yet!

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Somehow, it is already time to start thinking about your goals and resolutions for the coming year so that you can:

  1. Fix problems
  2. Leverage opportunities
  3. Become the best version of yourself
  4. Scratch an itch
  5. Re-commit to previous resolutions

In a nutshell, we make resolutions to either achieve pleasure or avoid pain.  Unfortunately for many, the pleasurable outcome isn’t significant enough, or the pain isn’t severe enough, to make the resolutions stick. 

So, let’s do away with resolutions for a moment and talk about 5 Strategies that will help you have your best year yet.

#1 – Show Up and Show Up on Time.  When I was a product rep for Provident Life and Accident, my manager told me on my first day that the most important key to success in the business was to show up, and to show up on time. If you do that, you will already be ahead of the competition.  I believed that then back in 1990, and I believe it still holds true today.

  • Show up –Just get there.  Be in front of the people that you need to be in front of to tell your story, discover their needs, uncover their desires for a great outcome or to avoid pain. 
  • Show up on time – showing up on time demonstrates more about who you are than what you do. If you are a manager, make sure you show up on time for your 1-on-1 coaching sessions, your pre and post-call debrief meetings, and your sales meetings as well.  When you show up late or cancel/reschedule, you are sending a message to your people that showing up late (or not showing up at all) is okay.

#2 – Focus on Green, "Go-To" Activities.  I call them Green Activities because these are the activities that make you money. Make a list of all the things you do during the day, and then carve out about 20% of those activities that lead directly to making sales/money. 80% of your time should be spent on “Go-To” activities. Too often, we get caught up doing the other stuff that allows us to stay busy as opposed to focusing on what matters most. Don’t misunderstand me. I know other activities such as preparing for meetings, responding to emails and calls, and helping current clients are part of your role, but it’s important to prioritize the go-to activities to make sure they get done first.

#3 - Work with the Best of the Rest. Assume for a minute you have 50 clients.  Focus on asking your top 36% (18) of them if they know at least 5 other people like them.  That gives you a potential pool of prospects of 90! Let’s say your average revenue from your top 18 clients is $27,000. The potential revenue of the prospect pool is $2.4m.  Assuming ½ of the 90 will meet with you (45) and half of those people will be qualified prospects (22.5) and half of those people would buy from you (11.25), that means you could generate about $300,000 from that pool of prospects. The question I want you to answer is this:  How many of your bottom 36% clients would you have to sell to equal just 1 of your top 36%?

#4 – Answer the Question – What is Holding Me Back? Many salespeople and sales organizations go year after year without performing as expected.  Individuals and companies invest in training and sales enablement tools but still they find over 66% of the team members fail to reach goals.  There are exceptions but the studies we’ve done consistently tell us two things:

  1. The top 1/3 of the sales team generates close to 80% of the revenue
  2. The bottom 1/3 generates less than 5%

Sometimes what is holding someone back from being their best has nothing to do with technique or their ability to build relationships.  If your onboarding, training, development and coaching program does not focus on items where they specifically struggle it won’t matter or make a dent in your results. Stop treating symptoms and thinking you must work harder!  Find out what is holding you back and focus on the root cause. If you are a Sales Manager, VP or President: What is holding your team back from selling more business, more quickly at better margins?

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#5 – Be Coachable.  Every great professional gets to be the best for reasons other than natural ability or God given talents. The example I normally use is baseball but choose any profession you like, and I guarantee you that the best of the best are coachable and they practice to perfect their skills.  Here is an example:

  • José Carlos Altuve is a Venezuelan professional second baseman for the Houston Astros. The Astros signed Altuve as an amateur free agent in 2007, and he made his major league debut in 2011. From 2014 to 2017, Altuve recorded at least 200 hits each season and led the American League (AL) in the category. He won three batting championships as well as:
    • 6 time MLB All Star
    • MVP for the American league in 2017
    • 5 Silver Slugger Awards
    • 1 Golden Glove

The question is this, when spring training starts in February what does Altuve do? Does he sit on the sidelines and just watch because “he’s a pro”?  Does he participate in some of the drills and exercises but omits others because “he knows how to do that”? Does he skip batting practice or taking infield? The answer is no, no, no and no.  He’s a professional, he’s coachable and he recognizes that he can always be better.  

If you are going to continue to grow you must have the motivation, desire and commitment to become the best version of yourself. That is what will help you be coachable.

For more information on how to implement and execute these 5 strategies email me at tony@anthonycoletraining.com, Schedule a meeting using this link:  Schedule A Meeting or text “5 Strategies” to (513) 226-3913.

Topics: hiring salespeople, How to Increase Sales, Sales Coaching, increase sales, extraordinary sales, sales habits, sales productivity, sales productivity tools, sales effectiveness training, corporate sales training, social selling, online sales training, hire better people, driving sales growth 2020


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    Anthony Cole Training Group has been working with financial firms for close to 30 years helping them become more effective in their markets and closing their sales opportunity gap.  ACTG has mastered the art of using science-based data and finely honed coaching strategies to help build effective sales teams.  Don’t miss our weekly sales management blog insights from our team of expert contributors.

     

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