ACTG Sales Management Blog

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How Your Sales Coaching and Method Have a Direct Impact on Your Results

Posted by Tony Cole on Fri, Jun 02, 2023

Every organization has sales coaching and a sales method. What many companies either don’t know or unsure of is this: What direct impact does our sales coaching and sales method have on improving sales?

 I can’t answer that question, but I can with 100% certainty make this statement: Your current coaching and methods are perfectly designed for the results you got last week, last quarter, and last year. Furthermore, they perfectly designed to get you your future results.

This is also what I know to be 100% true: If there is something about your sales outcomes that do not meet expectations, then something has to change. As the saying goes, you can’t keep doing the same things and expect different outcomes.

Often companies turn to sales training and management coaching to help with sales outcome problems. The positive impact you might be planning for as a result of any sales training will only happen if...

  • You have the right people on the team today.
  • You replace under-performers with those “that are highly likely to succeed’ (click this link for free download of Sales Candidate Assessment with 92% predictability)
  • Your analysis of your sales systems and processes point you in a direction to implement and or fix required supporting sales systems and processes.
  • You have the sales management DNA required to be successful at coaching, performance management, recruiting, motivation and upgrading.
Finally, do your sales managers have the sales management competency skills required to change outcomes?

The approach to improving sales skills (using SMART Goals and SMARTER Data) and coaching must help your people adjust several skills:

  • Getting to Decision makers
  • Using storytelling, metaphors, and analogies to make a point about how a solution might help a prospect.
  • Outbound lead nurturing practices
  • Finally, no excuses for lack of EFFORT

Having what we call a Sales Managed Environment® helps companies understand what needs to be changed and how to change and adjust to the moving landscape of pricing, availability, and competitors looking to buy market share. It’s tough to be successful at overcoming challenges and obstacles if you don’t have a built-in process that includes Performance Management, Skills Coaching, Hiring, and 1 on 1 deliberate coaching specifically to improve skills and change behavior.

Bottom line, you cannot possibly control all that is going on around you and your people. But you can control the habitus they live in, the quality of coaching support they get, and the availability of improving skills.

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

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

Posted by Mark Trinkle on Fri, May 26, 2023

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 2023 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 2023, 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

The Best Advice Sales Managers Can Give to Help Increase Sales

Posted by Tony Cole on Fri, May 19, 2023

In this blog article, we discuss the best advice sales managers can give their salespeople, and that is to "keep moving."  If you want to increase sales within your organization, you must keep moving throughout the ups and downs, the missed opportunities, the clients who "ghost" you, and more.

No one ever said that consultative selling or sales coaching would be easy, but you must motivate your team to keep moving and to see the bigger picture.

I met Al several years ago at my health club while we were playing early morning tennis with a group of 6 others. At the age of 57, I was the youngest in the group.  I played regularly with this group for about a year and as I honed my tennis skills, I would come home and brag to Linda about how my partner and I crushed the other team that morning. 

One morning, I think she had heard enough and wanted to know more about the competition I was playing. After all, I had only been playing tennis for just over a year. She and I would hit balls on a local tennis court so she knew my game really wasn’t that good. It was either I kept drawing great partners or the competition was suspect.

In the spirit of full transparency, I will go through some of the competitors I crushed. 

  • Frank – 72 years old, arthritis in a hip and bad feet from early childhood development issues
  • Bill – 70 - recovering from his 2nd by-pass surgery
  • Ron – 68 retiree with a bad back, hip replacement and vision issues
  • Chuck – 71 – braces on both knees
  • Jim – The best of the lot, 69 but in good shape
  • Jim – Former military, 72, recovering from hip and back surgery
  • Al – At the time Al was 89 and a retired man of medicine

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The jig was up and my story had been exposed.  I was competing against the walking wounded you might see in a 4th of July Parade playing a flute, carrying a flag, and playing a drum.  In reality, they were quite good tennis players who tolerated my lack of skill with great humor.  They often took advantage of me as a result of my lack of talent and experience as well.

I ran into Al just last week and that is when I learned the best advice any manager could give a sales team.  Both Al and I had just finished working out. I was walking through the locker room as he was getting ready to leave. I don’t see Al as often as I used to, so when I do, I always take some time to chat with him and ask him about his life.

Tony – Al, how are you doing my friend?

Al – I’m doing alright, can’t complain, you know just getting in a workout and heading home.  Doing pretty good though.

Tony – You look great Al.

Al – Well I just keep moving.  I figure if I keep moving, I’ll be alright.  I can still walk 3 miles with no problem.  I work out on the elliptical.  But I’m losing my memory.  I’m sorry, I don’t remember your name.

Tony – It’s Tony.

Al – I just can’t remember things like I used to and you know what that means…. ( silence of acknowledgement).  By the time I get upstairs, I won’t remember your name.

Tony – That’s okay Al.  Are you still driving?

Al – Sure!

Tony – Al, how’s your wife? 

Al - She’s fine, just fine.  She’s the young one.

Tony – You are my hero, my inspiration to just keep moving.  Thanks. Can I give you a hug.

Al – Sure

Tony – Thanks Al,  Great to see you,  you take care of yourself and I’ll see you again soon.

Al – Okay.

Al is 97 and his wife is 95.  They survived the Holocaust and continue to thrive today. They thrive today because they are both committed to this one piece of great advice that all sales managers must provide to their sales team - Just Keep Moving.

When salespeople or sales teams fail, it is a result of one or both of two things:  Effort and/or Execution. 

As I’ve been teaching and coaching in our Sales Managed Environment program for years now...

Effort Requires No Skill

To Al’s point, more than half the battle of surviving and thriving is this; Just Keep Moving.  Keep calling prospects, keep meeting with them, keep inquiring about the business those prospectsrun, keep asking powerful and insightful questions, keep finding out if there is anything you can do to help someone achieve their objectives, and more.

But everything starts with effort. And effort starts with the will to just keep moving.

Thanks Al for the lesson!

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Topics: sales conversations, sales effectiveness training, banking sales training, professional sales training, consultative sales coaching, corporate sales training, sales force performance management, social selling, online sales training, politics, hire better people, insurance sales training, brand video, train the trainer, driving sales growth 2020, 5 keys to sales coaching, handles rejection, online sales management training, sales training workshops, sales training seminars, sales team evaluation, keys to selling success, keys to selling

What Motivates Your Sales Team? How to Motivate Your Sales Team

Posted by Tony Cole on Thu, Jul 16, 2020

In today's blog post, we discuss motivation in sales.  The problem, in many cases, is that the sales executive in charge of getting more out of their sales team has no idea what motivates those people on the team.  

Without knowing what motivates his/her employees, how could you possibly create a motivating environment?

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How to Motivate Your Sales Team

Sales is the lifeblood of most businesses.  If you're a sales manager, or sales leader, you might be wondering how to better motivate your sales team.

Unlike most sales activities that can be measured, motivation is a more difficult metric to assess, but still vital to your sales team's success.

Here are a couple of ideas to help inspire your sales team.

How to Motivate Sales Team:

  • Build trust among your sales reps
  • Understand what motivates them 
  • Set daily, weekly, monthly sales goals
  • Give and promote recognition
  • Lead with empathy

 

As many of you know, we use the Objective Management Group's (OMG) assessment to evaluate every organization that we do sales and sales management training, coaching and consulting for. 

The process helps us (and our clients) determine with great accuracy the answers to these 4 questions:       

  1. Can we be more effective (sell more, more quickly at better margins)?
  2. How much more effective could we be?
  3. What would it take?
  4. How long would it take?

Answering these four questions requires the ability to uncover at least two important contributors to improved effectiveness:

  1. Their “will” to improve in selling and sales management
  2. Their ability (sales and sales management DNA)

 

6 Factors That Determine Sales Motivation

There are 6 known contributing factors that OMG uses to determine “will to sell”  (click here to inquire about the pre-hire assessment tool).

  1. Desire to succeed in selling
  2. Commitment to succeed in selling
  3. Motivation
  4. Outlook
  5. Responsibility
  6. Enjoyment of selling

A CONSISTENTLY RECURRING QUESTION

I don't believe there is a way to effectively rank those factors in terms of relevant importance.  Having used the tool and delivered results to dozens of companies and hundreds of people, my experience is that these 6 work together to form a puzzle that gives you an overall picture of someone’s “will to sell”.  In this article, however, I want to focus on motivation because,often, when attending my workshops, attendees consistently the question,

“How do I motivate my sales team?”


ARE YOU MOTIVATED?

What motivates you?  If you are a manager, what is motivating your people?  If you are not motivated to:

  • Be more effective
  • Be more successful
  • Compete to be the best
  • Sell more to make your lifestyle dreams a reality

I have to ask: Why?

ALL ENCOMPASSING - MOTIVATION INVOLVES EVERYTHING

Let me address two things:

  • Personal motivation
  • Motivation of others

My experience – my own true, personal experience - about motivation is that when you desire something greatly in your heart, then you will live and breath the desire to make the dream a reality.  Many of you know I played football at UConn.  I always considered myself blessed beyond reason to have had the opportunity to make my dream a reality.  But blessed does not stand alone as the only contributing factor for the scholarship. 

Yes, I had some God-given talents (nature), but I also had some external factors (nurture) that contributed to my success.  Those factors were Mom and Dad and the attitudes they instilled in me regarding hard work, anything is possible, don’t give up, and success requires commitment.  I learned early on that, if you really want to accomplish something great in your life, you must be willing to give up some things to get where you want to go.

  • When my classmates were going to Lee’s house to party after a game, I did not.
  • I hated vegetables, but my dad told me he would tell Coach Cacia I wasn’t eating right – I wasn’t going to let that happen.
  • At the end of a long day – 12 hours – working on the farm, I still ran my miles and lifted weights.
  • When I got beat on a certain play during practice, I would make that person pay the price on the next play.
  • I ran sprints every day at the end of practice.

THE REAL DEAL – MOTIVATION IS PERSONAL

When I answer the question - How do I motivate my people? - for workshop attendees, I tell them, “You cannot motivate them.  Motivation is an inside-out job and they have to come to the table with their own motivation.  The best you can do is create an environment where people want to come and they want to be motivated and excited because they have personal reasons to be successful.”

While assessing numerous organizations, we have found three things that hinder the motivation and success of the sales team: 1) 90% of the sales managers don’t believe they need to know what motivates their sales people.  2) 25% of the sales managers are not motivated to be successful in the role of sales manager and 3) Virtually 100% of the salespeople lack personal goals, lack a personal goal plan and fail to have a process in place to track if they are achieving goals.

Without knowing what motivates your salespeople, how could you possibly create a motivated environment or sales team? 

Topics: effective sales coaching, sales leadership development, sales motivation, sales skill assessment, sales growth and inspiration, banking sales training, professional sales training, consultative sales coaching, online sales training, sales training programs, consultative selling cincinnati, banking sales training cincinnati, professional sales training cincinnati, sales training cincinnati, sales training seminars cincinnati

11 Concepts For Managing Yourself and Your Employees During Change

Posted by Tony Cole on Fri, May 15, 2020

In today's blog, we discuss the notion that effective sales leadership requires leaders to meet the challenge during times of major change. 

In this article, we bring you 11 concepts to adopt for managing yourself and your salespeople; to help increase sales, productivity, and trust within your organizations.time-for-change-sign-with-led-light-2277784

  1. What would you do if today where your first day on the job?
  2. What kind of attitude would you have?
  3. How would you respond to the responsibilities of your new job?
  4. You would you interact with your new co-workers?
  5. You come in the 2nd day of your new job and the company asks you to do something different. How do you respond?
  6. Who is more valuable in the marketplace, someone that adapts or someone that resists change?

Consider this: “You think you understand the situations, but what you don’t understand is the situation has changed.”  Putnam Investment advertisement

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Concept #1 – Commitment is a gift you should give to yourself

  • What are you committed to?
  • If you are not committed to do whatever it takes to succeed and increase sales, then you must:
    • Set personal goals that are non-negotiable
    • Have a vision of where you want to go (and where you want to end up)
  • Failure to do these things will lead to failure to fully commit 

Concept #2 – Senior management must empower all others to think like a CEO.  If senior management can accomplish this, then non-managers will think and act like they are CEOS; looking out for the entire company, and not only for themselves.

  • Support people to make decisions
  • Train them on how to make decisions
  • If bad decisions are made, it is because of the following:
    • Leadership hired the wrong people
    • Failure to communicate well
    • Failure to train on decision-making

Concept #3 – The use of technology

  • You must use it and demand it of yourself and your team!
  • If you have people that have a belief that ‘You can’t treat old dogs new tricks’, get those people off of your stage

Concept #4 – Flexible thinking and changing beliefs are critical.  There are some truths that you will have to accept.

  • Life isn’t fair!
  • Life isn't fair!
  • Life isn't fair!

Concept #5 – Companies are curious:

  • How can you increase my top line?
  • How can you add to the bottom line?
  • How will you prove it via accountability to measurable achievements?

Concept #6 – Your company will be asking, “Why should I keep you”? 
You must demonstrate that:

  • You are a good employee
  • You work hard
  • You get things done
  • You are capable of learning
  • You have experience that is valuable to YOU and to the future of the compnay

Concept #7 – Lifetime learning

  • Information doubles every 5 years
  • Power and speed of the microchip doubles every 18 months (Moore’s law)
  • The cost of computing drops roughly 30% every year while working faster and better
    • Are you twice as smart today as you were 5 years ago?
    • Have doubled your capacity in the last 18 months?
    • What are you doing today to be twice as smart in 18 months?
    • How much are you costing the company? Are you a better “buy”

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Concept #8 – Job security

  • The ability to initiate new relationships
  • Being able to create and sell creative solutions to qualified buyers
  • Your ability to facilitate decisions to buy from you

Concept #9 – Make sure you contribute more value than you cost

  • The company’s perception about contribution vs cost is the reality
  • You are not entitled
  • Prove your worth
  • If you consider leaving, would the company do whatever it takes to keep you?
  • How is your value measured by the company?
  • How is your cost measured?
  • The value of every company is outside the company (The marketplace) what are you doing to bring that value into the company?

Consider This: “The factory of the future will only have two employees, a man / woman and a dog.  The person will be there to feed the dog and the dog will be there to make sure the person doesn’t touch the equipment.”  Warren Bennis


Concept #9 – Serving others

  • What does it take to please them (everyone in your sphere is a "them")
  • How can you contribute to the success of others?
  • The person at the next desk, down the hall on another floor; make no mistake they are your clients and customers.
  • The "Best Bargain" is based on the value you bring. The consumer will seek and find the best bargain. They will either get it from you or from someone else

Concept #10 – Ownership / Responsibility / Accountability

  • You are responsible for your attitude
  • Philosophy > Attitude > Behavior

Concept #11 – Be a fixer, not a problem creator

  • Create or find solutions vs. announce and identify problems
  • Base conversations and actions on principles rather than your own personal position
  • Focus on getting outcomes instead of creating rules regulations and procedures.

Consider This:  Who are you holding captive for your success, you or your employer?

How appropriate are these concepts today?  Everyone of these thoughts, ideas and action items can and will help you lead yourself and others through challenging times. 

What I think you might find interesting is that these notes are a result of a book I read by Pritchett and Associates titled: The Employee Handbook of NEW WORK HABITS FOR A RADICALLLY CHANGING WORLD.

Price Pritchett does a great job of outlining 13 ground rules for job success in the information age. The booklet was written in 1994!  However, the principles and ideas make as much sense today as they did back then.  Some of the technology data might be a bit off given the advancement of the IT science but if anything, the technology has gotten smarter and faster due to big data capabilities.

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    About our Blog

    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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