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Some of the common
problems that stop sales
and how to solve them
CONTENTS

           • What are sales problems?
             • The common problems and their
               symptoms
           • Finding workable solutions
             • A seven stage methodology to drive
               change
           • How I work with you
BACKGROUND
Sales isn’t working. Here’s the evidence:
    Over half of sales professionals are    More than eight out of ten deals
     missing their targets                    are lost through either ineffective
                                              qualification, lack of sales process
    The average time in-job for a sales
                                              or planning, or both
     manager is just 18 months
                                             Only a third of companies have a
    Turnover amongst sales people is         sales forecast accuracy of more
     over 40% per annum                       than 50%
    Everybody’s seeking the same 10%        Only 43% of companies have a
     of sales superstars                      sales training programme, and of
                                              those, only half provide any form
    Most sales teams are less than 50%
                                              of sales skill training
     efficient
                                             Three out of five companies do not
    Only about 10% of sales                  have a sales performance
     opportunities close                      measurement system in place
FIX SALES PROBLEMS FAST

                 • Ineffective sales leadership
                 • Ineffective sales team
                 • Marketing and sales not co-
                   operating
                 • Flawed sales proposition
                 • Unclear sales proposition
                 • Poor sales processes
                 • Poor customer relationships
INEFFECTIVE SALES LEADERSHIP

                 • Lack of management skill
                 • Ineffective objective setting and
                   measurement
                 • Ineffective sales compensation
                   plans
                 • No vision for the sales team
                 • Sales disjointed from the
                   organisation
                 • Ineffective recruitment practices
                 • Ineffective training and coaching
                 • Focus on sales not management
INEFFECTIVE SALES TEAM

                 • Lack of leadership or motivation
                 • Lack of sales skills
                 • Lack of engagement with
                   company
                 • Lack of belief in company or
                   solutions
                 • Lack of solution knowledge
                 • Lack of credibility with
                   customers
MARKETING AND SALES NOT CO-OPERATING

                • Lack of shared objectives
                  between the two functions
                • Lack of holistic view from
                  solution definition to completed
                  sales
                • Lack of shared language
                • Lack of seamless join between
                  the two
                • The two functions acting
                  independently of each other
FLAWED SALES PROPOSITION

                • Solution doesn’t work
                • Problems the solution
                  addresses not important
                • Cost base too high to compete
                • Little differentiation from
                  competition
                • Solution only solves part of the
                  problem
                • Commercial terms don’t match
                  how customers buy
UNCLEAR SALES PROPOSITION

                • Problems the solution addresses
                  are unclear
                • No clear link from problem to
                  solution to benefit
                • Solution is generic or
                  commoditised
                • Solution focus is technology not
                  business
                • Unclear ideal customer criteria
                • Inappropriate sales channels
                • Ineffective support materials
                • Marketing messages vague
POOR SALES PROCESSES

                • Customer relationships not
                  tracked or planned
                • Ineffective account planning
                • Ineffective prospecting
                • Ineffective qualification
                • Ineffective value propositions
                • Ineffective sales proposals
                • Ineffective sales reviews
                • Little or no sales performance
                  measurement
                • Lack of factual information
POOR CUSTOMER RELATIONSHIPS

                • Contacts too low to make
                  decisions
                • Single or low points of contact
                • Seen as sales not problem
                  solvers
                • Inability to relate at senior
                  levels
                • Poor customer satisfaction
FINDING SOLUTIONS THAT WORK FOR YOU

                •   Interview key stakeholders
                •   Agree issues
                •   Data collection
                •   Agree action plan
                •   Agree metrics and deliverables
                •   Implement change programme
                •   Measure results
WHY WORK WITH ME?

              • Get answers, action and results
                • Help you define what isn’t working
                • Independent, objective view of the
                  problems
                • Experience to recommend pragmatic
                  solutions
                • Capability to implement solutions as
                  a project
                • Clearly defined objectives, metrics
                  and deliverables
MIKE MCCORMAC
About                                 Contact

• Mike McCormac founded Sales         •   Connect on LinkedIn
  Success and More to help            •   Follow on Twitter
  companies selling high value
  services achieve more               •   Email
• He has an MBA and his sales         •   Phone:
  background includes over 15               +357 99 860725 (Mobile)
  years success selling IT services         +44 (0) 20 8133 7635 (UK)
  and outsourcing as a sales
  executive, sales manager and
  sales director
• Mike works mainly in the UK and
  Cyprus

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Solve Sales Problems Fast

  • 1. GET SELLING, NOW! Some of the common problems that stop sales and how to solve them
  • 2. CONTENTS • What are sales problems? • The common problems and their symptoms • Finding workable solutions • A seven stage methodology to drive change • How I work with you
  • 3. BACKGROUND Sales isn’t working. Here’s the evidence:  Over half of sales professionals are  More than eight out of ten deals missing their targets are lost through either ineffective qualification, lack of sales process  The average time in-job for a sales or planning, or both manager is just 18 months  Only a third of companies have a  Turnover amongst sales people is sales forecast accuracy of more over 40% per annum than 50%  Everybody’s seeking the same 10%  Only 43% of companies have a of sales superstars sales training programme, and of those, only half provide any form  Most sales teams are less than 50% of sales skill training efficient  Three out of five companies do not  Only about 10% of sales have a sales performance opportunities close measurement system in place
  • 4. FIX SALES PROBLEMS FAST • Ineffective sales leadership • Ineffective sales team • Marketing and sales not co- operating • Flawed sales proposition • Unclear sales proposition • Poor sales processes • Poor customer relationships
  • 5. INEFFECTIVE SALES LEADERSHIP • Lack of management skill • Ineffective objective setting and measurement • Ineffective sales compensation plans • No vision for the sales team • Sales disjointed from the organisation • Ineffective recruitment practices • Ineffective training and coaching • Focus on sales not management
  • 6. INEFFECTIVE SALES TEAM • Lack of leadership or motivation • Lack of sales skills • Lack of engagement with company • Lack of belief in company or solutions • Lack of solution knowledge • Lack of credibility with customers
  • 7. MARKETING AND SALES NOT CO-OPERATING • Lack of shared objectives between the two functions • Lack of holistic view from solution definition to completed sales • Lack of shared language • Lack of seamless join between the two • The two functions acting independently of each other
  • 8. FLAWED SALES PROPOSITION • Solution doesn’t work • Problems the solution addresses not important • Cost base too high to compete • Little differentiation from competition • Solution only solves part of the problem • Commercial terms don’t match how customers buy
  • 9. UNCLEAR SALES PROPOSITION • Problems the solution addresses are unclear • No clear link from problem to solution to benefit • Solution is generic or commoditised • Solution focus is technology not business • Unclear ideal customer criteria • Inappropriate sales channels • Ineffective support materials • Marketing messages vague
  • 10. POOR SALES PROCESSES • Customer relationships not tracked or planned • Ineffective account planning • Ineffective prospecting • Ineffective qualification • Ineffective value propositions • Ineffective sales proposals • Ineffective sales reviews • Little or no sales performance measurement • Lack of factual information
  • 11. POOR CUSTOMER RELATIONSHIPS • Contacts too low to make decisions • Single or low points of contact • Seen as sales not problem solvers • Inability to relate at senior levels • Poor customer satisfaction
  • 12. FINDING SOLUTIONS THAT WORK FOR YOU • Interview key stakeholders • Agree issues • Data collection • Agree action plan • Agree metrics and deliverables • Implement change programme • Measure results
  • 13. WHY WORK WITH ME? • Get answers, action and results • Help you define what isn’t working • Independent, objective view of the problems • Experience to recommend pragmatic solutions • Capability to implement solutions as a project • Clearly defined objectives, metrics and deliverables
  • 14. MIKE MCCORMAC About Contact • Mike McCormac founded Sales • Connect on LinkedIn Success and More to help • Follow on Twitter companies selling high value services achieve more • Email • He has an MBA and his sales • Phone: background includes over 15  +357 99 860725 (Mobile) years success selling IT services  +44 (0) 20 8133 7635 (UK) and outsourcing as a sales executive, sales manager and sales director • Mike works mainly in the UK and Cyprus