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7 Daily Sales Management Strategies

Daily sales management is about focusing sales reps everyday on selling to help potential and current customers focusing on their needs and problems. As a leader, you need to coach, train and promote everyday with every rep. Too many sales managers are pounding out reports from behind a computer and are not engaging their sales teams. Without your efforts most reps get locked into a ceiling of effectiveness-in other words they get comfortable. With your leadership you will keep them motivated to reach and exceed their sales goals. Sales Reps will also do a better job and get excited about making much more money. Here are the seven successful ingredients.

Sales Planning and Goal Setting

Meet one on one and establish clear sales goals and action steps with each member of your team. Put them in writing and clarify the goals. Identify what’s in it for the reps relating to their income, and the personal impact their success will have in their life. Schedule this but flex with the individual’s territory and needs. You need to have this conversation at least monthly to quarterly depending on each person’s performance. The more success and longevity, do it less frequently. The less success the person has had and the more they need to learn, do this more frequently. Always follow-up and tie in to your every day conversations.

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6 Tips to Handle Coaching Meetings in Busy Crowded Areas

Do you ever have to meet clients or colleagues in crowded areas to have a meeting, for coaching and 1 to 1 training?  Starbucks, busy hotel lobbies, reception areas, service stations.  Unfortunately, it’s the sign of the times and we don’t always have the privacy of a room. Read on and I’ll share some ideas on how you can get the best out of these meetings.

I could just see the Prudential logo on her notepad so I guessed she was a financial adviser meeting with a prospective client in a hotel reception in deepest darkest Suffolk.

Quite normal you might say but little did she know that I was about to start a multi room conference at the same hotel with about 60 delegates milling between half a dozen rooms on two floors with break outs planned very 15 minutes.  The reception area was going to become a bit like Piccadilly Circus on steroids.

I did feel sorry for her…and her client…and I was tempted to pop over and give her some tips to handle the situation she found herself in.

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Manufacturers Provide Your Sales Partners Competitive Analysis

The day has passed where you make it, and they will come. Your sales network needs all the help they can get. Do you provide what it takes for your partners to sell?

Have you considered everything that it takes to understand where your product fits into the competitive landscape?

The first order of business is to have a Partner web site. Something that your sales channel partners can sign on to and get the latest information from you. Your information needs to be current and most importantly, accurate. This is the group that has hooked their horse to your wagon; you should make sure they are treated well.

You are out there in the marketplace, the big fish in your marketplace. If you have 100 dealers or distributors, then you have a view of more than 100 sales people. When you hear of an issue in the sales channel, chances are several of your dealers or distributors are experiencing the same problem. Take a pro-active stance, give all your dealers the benefit of your thoughts. You have the luxury of careful calm consideration, where your business partner may be on the spot in front of a prospect. If your biggest competitor is suddenly undercutting your price by 20%, address the issue. Clearly point out your advantages over this competitor, price is not the most important concern, if their product does not meet the consumers needs. Be sure to take enough time to completely and accurately articulate your advantages.

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Parenting and Proposal Parallels

“My life revolves around my girls” is a mantra I adhere to. Each morning I wake up happy that I have another chance to enrich their lives while praying not to screw up like I did yesterday. I have to explain repeatedly why the golden arches are not a place where we go often, even if it is cheap and those fries are delicious. I also try to stop them from watching too much TV because my parents drilled into my head that it would rot the brain. Each day I worry about what they may see, experience, and, most importantly, remember. I see on a daily basis the impact of persuasive marketing on them, from the animated characters that present themselves on cereal boxes at our breakfast table to the likenesses of TV personalities on clothes and books. My kids are absorbing hundreds of messages daily.

Oddly, through the princesses and tween singing sensations I see multiple basic, but true and positive business lessons that my girls are learning that can also apply to proposals. Here are a few:

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Increase Sales – The Secrets to Ongoing Sales

It costs 6 times more to find a new customer than to retain an existing account. Look after all your accounts as happy customers and they will stay with you. Also they will tell others what a great supplier you are, leading to an easy increase in sales.

Always under promise and over deliver. There is nothing worse than promising something that doesn’t happen. Your credibility as a reliable supplier is lost instantly. Never lie, although sometimes you need to be economical with the truth and only give your customer part of the story.

Speedily resolve any complaints. Often I have turned a serious complaint into a great selling opportunity just by listening with a sympathetic ear, immediately resolving the problem and ringing the customer back with a solution. Then adding a little extra for the inconvenience we caused them.

At every meeting agree on actions, complete them to the agreed dates and make a date for the next meeting, agreeing on objectives to be achieved at the next meeting. This ensures you are seen to be caring about that account and also that you maintain an ongoing dialogue.

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