Blog Roll

B2SalesLounge Tweets for 2012-04-01

B2SalesLounge Tweets for 2012-03-18

B2SalesLounge Tweets for 2012-03-11

From Smart Selling Tools Blog: 5 Golden Rules for Boosting Sales Productivity

Here’s a great post from Nancy Nardin at Smart Selling Tools:

Five Golden Rules for Boosting Sales Rep Productivity

Sales software tools can transform the means and methods by which a sales rep’s productivity is not only measured, but calibrated. However, sales leaders should not be quick to take hold of the misguided notion that tools alone will provide all the right answers. A paradigm shift in thinking, and a modification in behavior, must also be considered.

The focal point of this article is not to examine or suggest possible changes that reps must make. My purpose is to zero-in on the changes that sales leaders must make to ensure that productivity gains from tools are not negated by pursuing issues that are off-target. If you want to ignite your sales rep productivity, and subsequently drive it right off the charts, consider these five golden rules.

1. Don’t misuse their valuable time, or yours

Every minute you spend “following up” with, or giving directives to your reps, equates to time they won’t have to talk to a prospect or to execute on their sales objectives (let alone close deals). Carefully analyze the reasons ‘why’ you check in with reps, and the critical ‘nature’ of its purpose. Perhaps you’re anxious to hear how a deal is progressing, or to get a general reading on what’s happening in the field. Those are indeed legitimate intentions. As an alternative to ‘checking in’ with reps, why not use a reporting tool such as Front Row Solutions that provides a rapid and effortless technique for reps to periodically update the system with their activity and progress throughout the day? The question you should be asking is this; “Can you get the vital information you require without doing so at the expense of a rep’s productivity or tasking focus?”

2. Only request what is truly important

Just like everyone else, when managers lock onto an idea or inspiration, they naturally want to act on it without delay. This often means picking up the phone, and asking a rep to provide the desired information. Though the request may be important in general terms, in reality the interruption means the rep must now redirect their time and focus. If it’s truly an important request, take a moment to think it through within a framework of efficiency. Determine whether the idea can be integrated into a current initiative, or whether someone else be delegated to perform or initiate the task. Is it really necessary for them to divide their current focus or objective that very minute (or ever), to briefly re-align themselves with your spur-of-the-moment idea or insight.

3. Evaluate what you want versus what your reps need

There is one question I hated to deal with when I was selling: “How’s it going?” Another version of the same pointless question is “What’s going on?” If you thought about it critically, where would you begin if you were a rep and were asked not only to endure but respond to those ambiguous questions? The truly important pieces of information are; is the rep’s forecast on track, are there any red flags, or will deals come in as predicted. What a rep needs is to focus time executing on the processes that will bring a deal to a close. Consider using a tool like Cloud9 Analytics that allows you direct and invaluable insight into the pipeline, as well as enhanced predictive performance analysis.

4. Conduct an audit for performance assessment

What are the primary obstacles to improving or streamlining productivity levels? The shoot-from-the-hip response is undoubtedly, that reps just need to kick it up a few notches. That’s because we generally evaluate performance and motivation from the standard thresholds of ‘attitude’, or ‘commitment’, or the degree of ‘hunger’ a rep happens to exhibit. My suggestion is to take it up a notch on their behalf. Have a neutral party spend a few days with several reps to observe and audit their day-to-day performance and activity. The idea is not to focus on incorrect behavior, but to investigate and ultimately reveal those particular tasks that can be streamlined. This includes evaluating the time required for a rep to create a complex proposal, or respond to an RFP. Do performance obstacles arise because the rep must search for the appropriate marketing content, must write or re-write content, or spend inordinate amounts of time formatting or enhancing the document in a captivating manner?

5. Eliminate the productivity-killers

Once the audit is complete and available for review, analyze the productivity-killers to formulate your plan of attack. First eliminate or improve on the processes that are the easiest and quickest to resolve. Then, attack those elements that needlessly rack-up the most time and keep your reps from interacting with prospects. If responding to proposals and RFPs devours too much valuable time, consider a tool such as Qvidian’s Proposal Automation, which streamlines the proposal-generating process to nearly half the time – on average – resulting in more professional, and highly effective proposals. If your reps are wasting valuable time researching for the right contact for prospecting purposes, you should definitely consider a tool like iSell by OneSource. If you would like assistance in pairing a productivity-killer with the right solution, please browse our highly informative website, or contact me directly.

Take-aways

Consider these five golden rules of sales rep productivity, and free your reps from the time-killing obstacles that you may be guilty of imposing on them, without even realizing it. Eliminate roadblocks that stand in the way of optimum sales performance. You’ll not only lead your team to quota faster, but you’ll enjoy a much smoother ride in the process.

B2SalesLounge Tweets for 2012-03-04

B2SalesLounge Tweets for 2012-02-26

4 Things That Set Great Companies Apart from the Crowd – Forbes http://t.co/vTDGIfgX @forbes #

B2SalesLounge Tweets for 2012-02-19

Rebooting Your Workforce — Managing Employee Obsolescence at Wendy’s http://t.co/eAzhJQRL via @ERE_net #
Check out the list of Most Innovative
Companies #MIC12 http://t.co/AvRjk5qU via @FastCompany #

B2SalesLounge Tweets for 2012-02-12

Content Marketing in 6 Steps http://t.co/TOLrBREI #
3 Numbers All Entrepreneurs Should Know http://t.co/RzNcJenm via @Inc #
Print News Organizations Plunge Into Live Video: http://t.co/gAhY7CgS #
How To Be The Best In Sales – Paying Attention in Meetings http://t.co/NAHGO4Iv via @AddThis #
Find the IBM Global CMO Study 2011 at http://t.co/Wz0puevY #IBMCMOSTUDY #
The Rise Of The Consultant-Turned-Entrepreneur – [more...]

B2SalesLounge Tweets for 2012-02-05

Blogging Declines Across the Inc. 500 by @dstrom http://t.co/gSVRT0xN via @RWW #
More Business Intelligence Moving to the Cloud: Survey – Forbes http://t.co/gf9SWnvL #
Why 2013 is the year of ‘NoOps’ for programmers [Infographic] http://t.co/RtFj9OII #
Big Data Takes the Guesswork out of Managing Sales – Forbes http://t.co/FL0dwTLv #
Why Context Is King in the Future of Digital Marketing http://t.co/XU28vhgx [more...]

B2SalesLounge Tweets for 2012-01-20

10 Mobile Apps That Will Keep You On Your Social Media Game http://t.co/I6QuyEKH #mobile apps #
BBC News – Google persuades Spanish bank BBVA to use the cloud http://t.co/fYPQeg5X #
Can Real-Time Social Analytics Provide Early Indications of Business Results? http://t.co/8eauPteJ #