In this session, Insider Co-Founder and CEO Hande Cilinger will dive into 10 mistakes to avoid in building out a revenue organization. Tune in to this presentation for Hande’s take on how to best hire, enable, sell, and grow.
6. Never hire because of urgency!
If they can’t sell to you, they won’t be
able to sell anybody else.
Never hire anybody without Backdoor
references!
Make sure they were hitting their sales
quota in their previous company.
Hiring with urgency!
Hire
8. In SaaS world, we are in a very
competitive and fast paced environment.
No product is perfect!
Hiring sales representatives from non-
competitive background will be the worst
thing for your sales team!
Hiring Non-Competitive Sales Reps
Hire
10. Not all of the sales people
have the unique chance of
learning from the best
The establishment of the
enablement function is the
key in scaling business
Better performance and
shorter ramp up times will be
coming with it
Lack of Enablement
Enable
12. Collaterals, support on strategic pricings,
RFPs, contract processes
Your sales representatives should focus!
Focus on the decks
Focus on the orchestration
Sales Operations / Deal Desk / Marketing
Those functions will be empowering your
Sales Reps
Your reps are not Ironman
Enable
14. Every salesperson should be on top of
their sales pipeline.
They should know where they stand in
relation to their competitors in every deal.
For your customers to get best out from
the sales process,for your sales
representatives to ramp up faster and
perform better, every single step of your
sales process should be defined.
Losing control over Sales Pipeline
Enable
16. Focus is the key for expansion
performance
Who should own it, Customer Support
or Sales?
2 Primary keys to take decision:
1. The length of Sales Cycle
2. The type of Upsell
Lack of focus on Expansion Function
Sell
18. How you package and sell the products
are the is the most important indicator
of the expansion opportunities
Rule: Land, and then expand!
Weak Packaging of the Products
Sell
22. Not having Pricing for Organic Growth
Sell
Find the parameter that is mutual to your
product and your client's use of your product
aka
It should be mutually beneficial
It should be visible to both parties in real time
24. Focusing on output metrics, rather than input metrics
Sometimes, the number of certain activities are not
directly correlated with the result that you will get
As a company, you can find yourself that activities
are going successfully but the results are not
coming.
"Before you can improve any system . . . you must
understand how the inputs affect the outputs of the
system. You must be able to change the inputs
(and possibly the system) in order to achieve the
desired results. This will require a sustained effort,
constancy of purpose, and an environment where
continual improvement is the operating
philosophy."
Working Backwards (2021, Bryar, Carr)
Grow
25. Summary of Mistakes
1. Not accepting that you are mistaken
2. Hiring with urgency!
3. Hiring Non-Competitive Sales Reps
4. Lack of Enablement
5. Your reps are not Ironman
6. Losing control over Sales Pipeline
7. Lack of focus on Expansion Function
8. Weak Packaging of the Product
9. Avoiding POC
10. Organic Pricing for Organic Growth
Bonus Mistake
Focusing on output metrics, rather than
input metrics
Sort them out as the flow of deck is goon
They show in different growth functions -
Advances sales processes; do not leave them alone to handle all the issues in advanced sales process
What problems can occur: contracts, legal discussion, data privacy, big RFPs with 100s of stakeholders, integration, nurturing - your representative needs help - you cannot assume they will be able to do it as you did on the beginning
You need to support them with Marketing like Public Reviews and Collateral, 1 pagers
Help to draf pricings
They need support to answer comments in Contracts from Legal side
To make Sales Reps to focus on selling and orchestration, you need Sales Ops & Deal Desks - it will not just help your ironman on the field but it will also reduce sales cycle; it will increase no of deals that one sales rep can carry on themself
Advances sales processes; do not leave them alone to handle all the issues in advanced sales process
What problems can occur: contracts, legal discussion, data privacy, big RFPs with 100s of stakeholders, integration, nurturing - your representative needs help - you cannot assume they will be able to do it as you did on the beginning
You need to support them with Marketing like Public Reviews and Collateral, 1 pagers
Help to draf pricings
They need support to answer comments in Contracts from Legal side
To make Sales Reps to focus on selling and orchestration, you need Sales Ops & Deal Desks - it will not just help your ironman on the field but it will also reduce sales cycle; it will increase no of deals that one sales rep can carry on themself
Pricing parameters that does not surve your clients organic growth - mistake
Your parameters you are charing your clients is not serving their growth
CRM -
Growth
input /output metric
they are focused on output, but rather look input forecast - concentrate on those and prevent uncertainty
Sales Fixed everything - make it at beginning
Growth is the king
4 boxes
Hire, enable, sell, grow - revenue organization flow
Growth - input metric, not output metrics
Add square - hire inside - of