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Posts from January 2012

Diversions, Practical Advice

The Top 11 iPad Apps for Sales

As iPads® and tablets become more prevalent in the sales world, there is a lot of buzz around the many ways in which they could be useful. With more and more sales organizations adopting these technology, one thing is clear – the potential impact these devices can have on a sales rep is immense.

Whether as a state of the art presentation platform, or a tool for accessing the latest sales collateral in the field, iPads and tablets allow for easy access to information as well as increased efficiency.

Given the volume of app options though, it is important to find out which of the thousands are actually worth downloading. Whether it’s cutting long lines at the airport, or pulling together a presentation on the fly, there are a number of great apps that every sales rep should know about.

Read More »

Sales Insights

How to Give 2 Hours a Month Back to Reps

“I don’t have time for another one of these!  I’ve got to be in-front of my customer!”

Have you heard that from your sales force lately?  Maybe someone’s even said it today.  The “these” referenced above are the multiple internal tugs at a sales force’s time…things such as meetings, surveys, reviews and trainings that internal partners hold.

Why are these things so problematic? Because time spent fulfilling internal company requests is time NOT spent selling.

So how do you ensure that the sales force has time to achieve its primary objective of selling while still meeting the demand of valuable internal requests?

We profiled an organization that tackled this challenge head on…Schneider Electric (one of the world’s largest manufacturers of equipment for electrical distribution and industrial control and automation) came up with a pretty straight-forward solution: they put a communications screening process in placeRead More »

Diversions, Uncategorized

The Top 10 Super Bowl Ads of All Time

It’s that time again! In honor of the big game this weekend, we’re reposting our top 10 Super Bowl ads of all time. Enjoy!

The Super Bowl is back—meaning it’s time to stock up on Buffalo Chicken dip, kick back in front of the TV and watch some of the best commercials you’ll see all year. Or, catch some football. Whether you’re a sports fanatic or not, the creative ads airing between tackles are always highly anticipated. As well they should be—advertisers shell out close to $3million for a 30-second spot.

While some ads miss the mark, many make such an impact that we still talk about them years later. We’ve compiled a list of our top Super Bowl ads ever for your very own trip down memory lane: Read More »

The Buzz

Storytelling: A Dying Art Form?

The rise of big data has been a double-edged sword for some. While customers have embraced data as it allows for easier price comparisons, their persistent focus on short-term savings has created new challenges for sellers—mainly, by undercutting the power of storytelling.

A member we recently spoke with shared how increasingly data-driven customers in the electronics industry have become so focused on price that they often lose sight of their vision and initial objectives behind a purchase.

“It’s like trying to buy a painting based only on numbers and price comparisons–which is impossible–when in fact it’s the story behind the painting that sells,” he said, describing the whole situation.

His experience refers to a growing phenomenon we are seeing in sales today: customers’ increasing use of data and rational reasoning in the purchasing decision (This, in fact, was one of the trends we believe every Sales Exec must know in 2012).

In today’s tough economy, everyone wants to get the most for their money. It’s natural for customers to try to break down deal components and compare apples to apples. And if customers want to do it that way, isn’t it natural for sales reps to respond using data and numbers too?

But therein lies the problem. The customer’s persistent focus on price and short-term savings distracts them from the real issue at hand—the long-term strategic value of your solution. Read More »

Sales Insights

5 Rules For Maximizing Comp Plan Buy-In

This is the time of year where many organizations are finalizing changes to their 2012 compensation plan for the sales force.  While it can be a tricky time (as we must always be careful to avoid misunderstandings from the sales rep community around the new plans) – it really doesn’t have to be…

When it comes to structuring an effective compensation plan, the first thing to know is that communication can be even more important than the design of the plan itself.

The compensation plan will not be effective if reps do not believe that it is fair, and communication matters nearly twice as much as plan design in driving perceptions of fairness.  In fact, in our research we found that Sales employees who believe pay processes are fair exhibit 60% more effort than those who do not.

(SEC Members, read more about the two key components of comp plan fairness, which your communications efforts should strive to emphasize.)

It’s also worthwhile to keep in mind that communications from the frontline sales manager community are two times as likely to positively impact sales employees’ belief in the fairness of pay processes than communication from the compensation function.

That said, from time to time, we still need to drive communications from the organization around compensations plans.  So, here are five rules we see the best companies follow when looking to maximize sales force buy-in to the comp plan: Read More »

Practical Advice, Sales Insights

Get Your Inside Sales Reps to Want to Stay

Wonder why you’ve seen increased Inside Sales turnover in your organization recently? Is it because reps are dissatisfied with their compensation package or working environment? Is it their relationships with immediate team members and managers? What about career opportunities?

As our members have recently shared on our Talent Management Discussions Forum, providing clear growth opportunities in the organization is key to keeping your Inside Sales reps satisfied and engaged.

What exactly does “flexible career opportunities” mean though?

Inside Sales is a position that often has undefined next steps for advancement. What about those Inside Sales employees who, over time, may want to work in the field or transition into a management type role? Read More »

Sales Insights

The 4 Customer Contacts That Waste Reps’ Time

In today’s consensus-driven sales environment, we all agree that engaging the right customer contact is a critical linchpin in deals progressing forward. While we know the best reps lead with insight to challenge customers’ assumptions, who your reps challenge can drastically change the course of a deal. So who are the right customer stakeholders to work and how can we help our reps find them?

Sales managers and trainers typically advise our reps to find a ‘coach’ or ‘advocate’ to help move a sale forward within a customer organization – preferably someone who is willing to talk, provides critical information, and who can network the rep with other stakeholders, among other qualities. And once reps find this individual it’s a clear path to the corner office and a closed deal, right?

Wrong.

It turns out that asking reps to go and find this kind of customer stakeholder is like telling them to find a unicorn. SEC analysis found that the combination of attributes that make an ideal advocate exist in less than 1% of individuals – while customer stakeholders may show some advocate qualities, they just don’t have it all. Read More »

Sales Insights

Coaches: Your Reps Are Not as Hard-Headed as You Think

Do you ever feel like your salespeople forget almost everything you coach them on? There are few things more frustrating than a seller repeating the same mistakes over and over, no matter how hard you try to show them the better way.

Why does this happen?

An easy conclusion to draw might be that our salespeople are simply hard-headed. As one sales trainer recently joked to us, “The term ‘adult learner’ is HR-speak for ‘excruciatingly-slow learner.”  And while there may be some merit to this suggestion, our research also tells us that there is another side to this story. While salespeople may at times be slow – or even outright resistant – to behavior change, many managers may also be coaching in all the wrong ways.

Here’s how:  A little known fact is that there are two very distinct types of sales coaching – Deal-Level and Skill-Level. Both are important, yet data from our Coaching Pulse Survey consistently shows that most of us over-prioritize Deal-Level coaching at the expense of Skill-Level. This may have worked in years past, but it becomes highly problematic in the age of Challenger Selling.

Here’s why: Read More »

The Buzz

New Year’s Resolution: Eliminate THIS PHRASE From Your Vocabulary!

(This is a guest post by Rick DeLisi of the Customer Contact Council, our sister program for heads of Customer Service and Contact Centers.)

New Year’s observation: If there’s anything longer than the line at the bar/buffet line/dessert table in December…it’s the line at the gym/health club/Weight Watchers’ meeting in January.

‘Tis the season to resolve.

If your quest for the new year is to drop a few holiday-induced L-B-S’s…the best advice I’ve ever heard is, “Write down everything you eat during the course of the day.”  Turns out that simply training your brain to become hyper-aware of how many unnecessary calories we each consume every day is the “trigger” to kick-start a whole new mental process, that ultimately makes you eat less, and lose weight.  (BTW, 45 minutes a day on the treadmill ain’t gonna kill ya either, pal!)

But if your resolution for 2012 is to create an even greater customer experience at your company, here’s a small piece of friendly advice that will similarly trigger a new mental process for you and your entire team. It’s a matter of eliminating one simple phrase from your everyday vocabulary.  It’s not a phrase that sounds harmful at any level (in fact, when you use it, you probably think you’re doing something positive). But if you stop using it (although it’ll be hard at first), many amazing things will happen.

Stop saying, “the customer.”   Read More »

The Buzz

The Emerging No-Man’s Land between Sales and Marketing

fundamental shift in customer buying behavior has created a rift where Sales and Marketing have traditionally engaged customers. This void in the purchase process where customers are free from supplier engagement, a “no-man’s land” so to speak, has several implications on what successful selling looks like in today’s environment, but one of the more immediate concerns is that most suppliers haven’t fully recognized the shift has even occurred.

This lack of awareness could partly be blamed on the fact that there is significant internal confusion in supplier organizations over the ownership of certain commercial responsibilities. Data from the SEC’s Commercial Integration Diagnostic illustrates that companies don’t have a good sense of which function, Sales or Marketing, owns some of the most important commercial activities—almost 70% of the member companies surveyed were unsure of who owned the insight generation responsibility, for instance. Read More »

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