building a sales team

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Building a Sales Team Bill Rice 866.667.5253 [email protected] www.kaleidico.com

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Looking to build a high performance sales team? Learn the keys to higher conversion and production volume. Build your sales team to close more deals.

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Page 1: Building a Sales Team

Building a Sales Team

Bill Rice

[email protected]

www.kaleidico.com

Page 2: Building a Sales Team

Copyright © 2007 Kaleidico, LLC.All Rights Reserved

2

Classic Rendezvous Dilemma

• Two perfectly matched candidates in asea of distraction

• Options:– Both do nothing– Both wander aimlessly in the wilderness– One gets focused and intentional aboutfinding the other

Page 3: Building a Sales Team

Copyright © 2007 Kaleidico, LLC.All Rights Reserved

3

Keys to Sales Success

AttitudeKnowledgeExecution

Page 4: Building a Sales Team

Copyright © 2007 Kaleidico, LLC.All Rights Reserved

4

Hire Only on Attitude

• Resumes are suspect• Past numbers are unverifiable• Industry experience may bring good and bad• Strip away all that may be suspect and you

are left with is attitude– Motivation– Initiative– Determination

• So, make that your hiring gate!

Page 5: Building a Sales Team

Copyright © 2007 Kaleidico, LLC.All Rights Reserved

5

Set the Attitude

• Sales is– Emotional– Boring– Exciting– Intense– Frustrating

• Set your attitude to maximize the positive• NO WHINING!

Page 6: Building a Sales Team

Copyright © 2007 Kaleidico, LLC.All Rights Reserved

6

Create Knowledge

• Everyone sells• Everyone starts selling on the frontline

– CEO/President that includes you!

• You graduate to the big deals orgenerate them yourself– Never hand a big deal out

Page 7: Building a Sales Team

Copyright © 2007 Kaleidico, LLC.All Rights Reserved

7

Create Playbooks Not Scripts

• Study last 5 years– Markets– Products

• Build top 10 customer scenarios• Build top 5 customer financial objectives

– Create playbook matrix– Create top 3 options for each

• Study playbook every night & update

Page 8: Building a Sales Team

Copyright © 2007 Kaleidico, LLC.All Rights Reserved

8

Execution

• Organize the team for success– Lead generation– Prospect team– Contact team– Closing team– Lost deal process

Page 9: Building a Sales Team

Copyright © 2007 Kaleidico, LLC.All Rights Reserved

9

Lead Generation

• This is typically in marketing, but iteffects YOU so get involved– How is it done?– Where are they coming from?– How are they qualified?– Are they verified?– When and how are they distributed?– What is the feedback process?

Page 10: Building a Sales Team

Copyright © 2007 Kaleidico, LLC.All Rights Reserved

10

Prospect Team

• Leads are endless, harvest them• Continually seek out and identify new

sources of prospects• Validate and qualify sources• Test sources• Create a harvest process or strategy

Page 11: Building a Sales Team

Copyright © 2007 Kaleidico, LLC.All Rights Reserved

11

Contact Team

• This is your frontline to success– Like any good football team knows plays

are made and broken at the line ofscrimmage

• Should be a dedicated, well trained,well scripted cadre

• Commission on qualified transfers

Page 12: Building a Sales Team

Copyright © 2007 Kaleidico, LLC.All Rights Reserved

12

Closing Team

• Best attitudes• Most knowledgeable• Most experienced• Most enjoyable to talk to• Focused on solutions for your clients• Earned position

Page 13: Building a Sales Team

Copyright © 2007 Kaleidico, LLC.All Rights Reserved

13

Lost Deal Process

• Whether it is a team or a process orboth make sure you focus on lost deals

• I win back at least 20% of these withinthe first 12 months

Page 14: Building a Sales Team

Copyright © 2007 Kaleidico, LLC.All Rights Reserved

14

Successful Sales Teams

• Hire and Nurture Attitude• Build and Reinforce Knowledge• Honor and Reward Execution

Page 15: Building a Sales Team

Questions?

Bill Rice866.667.5253

[email protected]