Sales team development is essential. To get top performance from your sales and marketing organizations, today’s companies need to deploy their resources in the correct “roles”. In “the good 'ole days” of selling, one talented sales professional ran the entire sales cycle (prospecting, qualifying, presenting, closing). In this webinar, Paul Rafferty, CEO of Sales Engine International uses baseball to teach his lessons on sales team development.
5. Agenda
• Baseball 1.0 vs. Baseball 2.0
• Sales 1.0
• Sales 2.0
• Demand Generation Stages & Process
• Building a Team for the Sales 2.0 World
• Case Study
7. Polling Question
Cy Young holds the record for most Complete
Games pitched in Major League Baseball
history (749).
How many does the current ACTIVE leader have:
a) 347
b) 125
c) 66
d) I don‟t like baseball or sports analogies!
9. Why the Big Difference
Cy Young at 749 vs. Roy Halladay at 66
– Was Cy “Super Human”
– Are we getting weaker?
Or, are we approaching things differently
– Adjusting to what we learn?
• Statistics? Matchups? Change Momentum?
– Has the economic landscape changed?
• TV Contracts? Bigger Staffs? Specialization?
10. Accelerating Change
Games Games % Games
Year Started Completed Completed
1904 2496 2186 87.6%
1914 3758 2067 55.0%
1924 2462 1198 48.7%
1934 2446 1061 43.4%
1944 2484 1123 45.2%
1954 2472 840 34.0%
1964 3252 797 24.5%
1974 3890 1089 28.0%
1984 4210 632 15.0% The game has
1994 3200 255 8.0% changed
2004 4854 150 3.1%
11. SO What‟s the Point
• Circumstances have changed
• Must revisit “long held” assumptions
• Build a Model for the “New Normal”
“You can't do today's job with yesterday's
methods and be in business tomorrow”
13. The World of Selling has Changed
- 85% of Cold Calls Go to Voice Mail
- 80% of B2B Buyers “Find” the Sellers
14. Polling Question #2
How would you describe your current
sales model?
a) Sales Rep Pitches “Complete Game”
b) Inside Sales Feeds Outside Sales
c) Integrated Marketing Inside Sales/Nurture
Feeds “Closer”
19. Timing is Everything
Timing is everything
• 100x more likely to „connect‟ with lead within
5 minutes vs. 30 minutes
• 21x more likely to „convert‟ leads contacted
within 5 minutes vs. 30 minutes
• 7x more likely to have “meaningful
conversations” w/decision makers” in 1st hour
• Only 37% of companies respond within hour
20. Today‟s “Closer”
Sales Executive:
• Rich Industry Experience
• Problem Solver /Adds Value
• Highly Compensated
• Large Quota and Pressure
• Focused on the “Now Deal”
• Not “wired” to nurture
21. Demand-Gen Engagement
Process
Lead
Suspect score
>X
Campaign response,
MQL Yes Trigger event, etc.
(Marketing Qualified
Lead)
Sales Contact
Call Ready No
record
Yes
SQL Opportunity
(Sales Qualified Lead) record
Opportunity • First “Stage” of sales process; or
• First action in “Opportunity Scorecard”
Win/Loss
24. Starter / Nurture Case Study
• Sent eNewsletter to
18,000 recipients
• Directed inside sales reps
to IMMEDIATELY follow
up after launch
• Split their calling into
groups based on lead
score, click activity
25. Starting Pitcher– Metrics
• No lead score
Cold • No opens or clicks
• Lead score = Low
MQL #3 • Merely opened email(s).. But no „clicks‟
• Lead score = Medium
MQL #2 • Clicked through on 1+ outbound campaign
• Lead score = High
MQL #1 • Opened & clicked on campaigns for
several months and visited web
Speak to the fact we knew we were warming the entire database but needed to measure the impact of that warming affect.List the things we do to build & warm the database:eNewsTargeted campaignsSocial MediaPPCWebinarsVideos
Questions:Do you see companies changing their sales models due to this paradigm?What are the biggest failure points for companies trying to implement this 2.0 model?What is the economic impact of moving to this new model?