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Selling in a fast
changing world


Challenges & Global Best
Practices
Universal challenges

• No time and/or desire to see salespeople – “Send me an email”

• Exposure overload

• The purchasing process vs the selling process

• The www

• Globalisation – preferred vendors

• The fixation that price only matters
Universal challenges

• Buyers are often better educated in terms of solutions than
sellers!

• An increased reliance upon trusted referral sources when
seeking to meet a need.

• Competing with well established global brands

• Getting the meeting

• Getting the potential customer to see the value!
What has essentially changed?

• The focus moves from what you want to sell ….. to what customers need
• Aligning needs and value turns sales people into agents of value
• Sales has become a process focused activity
• Review your “Revenue line” Think retention – penetration - acquisition

• You can’t just go out there and sell ….. You need to target high
  probability segments

• Your customers don’t want features and benefits … they are
  looking for value
• Re-assess your “ Golden Hour” process ….. Lead by following

• Relationships are paramount
What will remain essential practice as we
                  move forward

• The face-to-face sales meeting remains the most effective method of
   uncovering needs and projecting value …… and building relationships



• Essential to the process is an efficient system of segmentation, positioning
   and targeting


 • Process focus – after all, we need a uniform approach to our market
Best Practice Organisations ….


Segmentation
     &          Focus on Segmentation & Targeting
  Targeting



• Most companies use a logical approach to ‘access’ the market

• Lead generation systems focus on High Probability segments
Active Sales
   Management
                   Focus on Active Sales Management



• Sales managers drive performance and revenue

• Sales managers lead, coach, mentor, plan, execute, motivate
  and control

• Sales managers manage, they don’t do the selling!

 • Sales managers are by definition performance coaches
Training &     Focus on Training and Coaching
     Coaching
                     US companies spend $1.7b on training

•   Use customized training programs
•   Train selling skills
•   Train sales process
•   Train systems utilisation (CRM & tracking tools)
•   Train product knowledge
•   Train negotiation skills
•   Train presentation skills
•   They don’t stop !!
            One on one coaching is priceless – Managers are coaches

         4 Coaching sessions are needed in the 16 week period following
                     training or learning decay will be 80%
CRM Systems       Focus on CRM Systems



• CRM systems provide a repository of customer and prospect contacts
• CRM systems provide activity visibility

• CRM systems provide sales deal flow visibility

• CRM systems provide interaction continuity

 • CRM metrics drive sales success
Organisational    Focus on Organisational Structure
  Structure




  • Defined structures – acquisition – retention – penetration

  • Optimised deployment - reconcile opportunities with capacity

   • Clear roles and responsibities
Sales Process     Focus on Sales Processes


      “Most managers have never attempted to diagram the sales
              process for their product or service.

• Process defines the way we work

• Process ensures a universal approach to the market

• Process provides visibility and measurability

• Process keeps the sales organisation on - track
Performance      Focus on Performance Management
Management



• Use an “active” performance management system

• Have clear measures and accountabilities that link with the
  organisation’s strategy and objectives

• Use coaching to correct skills and performance and skills
  deficiencies
Compensation     Focus on Compensation




• Use a basic salary as a foundation

• Use an incentives as a motivational tool (uncapped!!)

• Use reward systems as a motivational tool

• Use recognition systems as the ultimate motivational tool
Finally,

                      Best Practice Organisations ….


Relationships   Focus on Relationships

                Building Trust

                Commitment

                Creating Mutuality
Best Practice Organisations ….


                     Segmentation        Active Sales
                          &              Management
                       Targeting

                                                              Training &
    Compensation
                                                                Skills




Performance                   Global Sales
                                                                       CRM
Management                    Best Practice



           Sales
                                                        Organization
         Processes                                       Structure

                                Relationships
Carpedia Consulting (Pty) Ltd
PO Box 1701
GALLO Manor
2052

Building 2
Country Club Estates
Woodlands Drive
Woodmead
Sandton
South Africa

Tel: 27-11 – 258-8813
Fax: 27-11- 258-8511
Mob: 27-82-888-0228
Email: info@carpedia.co.za
www.carpedia.co.za

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Selling in fast changing world

  • 1. Selling in a fast changing world Challenges & Global Best Practices
  • 2. Universal challenges • No time and/or desire to see salespeople – “Send me an email” • Exposure overload • The purchasing process vs the selling process • The www • Globalisation – preferred vendors • The fixation that price only matters
  • 3. Universal challenges • Buyers are often better educated in terms of solutions than sellers! • An increased reliance upon trusted referral sources when seeking to meet a need. • Competing with well established global brands • Getting the meeting • Getting the potential customer to see the value!
  • 4. What has essentially changed? • The focus moves from what you want to sell ….. to what customers need • Aligning needs and value turns sales people into agents of value • Sales has become a process focused activity • Review your “Revenue line” Think retention – penetration - acquisition • You can’t just go out there and sell ….. You need to target high probability segments • Your customers don’t want features and benefits … they are looking for value • Re-assess your “ Golden Hour” process ….. Lead by following • Relationships are paramount
  • 5. What will remain essential practice as we move forward • The face-to-face sales meeting remains the most effective method of uncovering needs and projecting value …… and building relationships • Essential to the process is an efficient system of segmentation, positioning and targeting • Process focus – after all, we need a uniform approach to our market
  • 6. Best Practice Organisations …. Segmentation & Focus on Segmentation & Targeting Targeting • Most companies use a logical approach to ‘access’ the market • Lead generation systems focus on High Probability segments
  • 7. Active Sales Management Focus on Active Sales Management • Sales managers drive performance and revenue • Sales managers lead, coach, mentor, plan, execute, motivate and control • Sales managers manage, they don’t do the selling! • Sales managers are by definition performance coaches
  • 8. Training & Focus on Training and Coaching Coaching US companies spend $1.7b on training • Use customized training programs • Train selling skills • Train sales process • Train systems utilisation (CRM & tracking tools) • Train product knowledge • Train negotiation skills • Train presentation skills • They don’t stop !! One on one coaching is priceless – Managers are coaches 4 Coaching sessions are needed in the 16 week period following training or learning decay will be 80%
  • 9. CRM Systems Focus on CRM Systems • CRM systems provide a repository of customer and prospect contacts • CRM systems provide activity visibility • CRM systems provide sales deal flow visibility • CRM systems provide interaction continuity • CRM metrics drive sales success
  • 10. Organisational Focus on Organisational Structure Structure • Defined structures – acquisition – retention – penetration • Optimised deployment - reconcile opportunities with capacity • Clear roles and responsibities
  • 11. Sales Process Focus on Sales Processes “Most managers have never attempted to diagram the sales process for their product or service. • Process defines the way we work • Process ensures a universal approach to the market • Process provides visibility and measurability • Process keeps the sales organisation on - track
  • 12. Performance Focus on Performance Management Management • Use an “active” performance management system • Have clear measures and accountabilities that link with the organisation’s strategy and objectives • Use coaching to correct skills and performance and skills deficiencies
  • 13. Compensation Focus on Compensation • Use a basic salary as a foundation • Use an incentives as a motivational tool (uncapped!!) • Use reward systems as a motivational tool • Use recognition systems as the ultimate motivational tool
  • 14. Finally, Best Practice Organisations …. Relationships Focus on Relationships Building Trust Commitment Creating Mutuality
  • 15. Best Practice Organisations …. Segmentation Active Sales & Management Targeting Training & Compensation Skills Performance Global Sales CRM Management Best Practice Sales Organization Processes Structure Relationships
  • 16. Carpedia Consulting (Pty) Ltd PO Box 1701 GALLO Manor 2052 Building 2 Country Club Estates Woodlands Drive Woodmead Sandton South Africa Tel: 27-11 – 258-8813 Fax: 27-11- 258-8511 Mob: 27-82-888-0228 Email: info@carpedia.co.za www.carpedia.co.za