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Sales management is a business discipline which is focused on the practical application of sales techniques and the management of a firm's sales operations. It is an important business function as net sales through the sale of products and services and resulting profit drive most commercial business. These are also typically the goals and performance indicators of sales management. The Sales Management Strategy is the only global, cross-industry professional organization for sales operations and sales management. We promote professional development, peer networking, best practice research, and thought leadership among professionals who support, manage, coach, and lead sales organizations..

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Showing posts with label Selling. Show all posts
Showing posts with label Selling. Show all posts

Thursday, 8 November 2012

How To Open-Source And Crowd-Source Your Selling

Friday, 5 October 2012

Fundamental Changes In Selling And The Way In Which The Modern Sales Person Operates

Over the years businesses have been bombarded by numerous strategic models and management approaches. Just a few examples of such strategies that can be found on various management training programmes include: downsizing, relationship advertising and marketing, empowerment, total quality management, re-engineering and benchmarking. All these ideas have produced adjustments within our businesses and in also in those of our customers and so have also left a deep impact in the field of selling.

Perhaps one of the most significant changes is that, where clients are concerned, what used to count as "best" service from a supplier is thought of as standard service today. A good seller is expected by clients to:

1. Sustain consistent top quality without having any faults worth mentioning.

2. Tell the client regularly about the newest trends and also contributes to the client's being in a position to react to these trends rapidly and at a competitive price.

3. Go through the chain of value generation and look for opportunities to rationalise and pass on any eventual cost benefits to the client.

4. Keep their rates consistently at the lower end of the market scale.

5. Ensure that their production does not endanger health, is safe, and is kind to the natural environment.

These five increased demands have led to serious modifications in the way industrial field sales are carried out. The sales man or woman must move from being a simple profit maker into a problem solver. This change requires the sales man or woman to be able to supply complete answers to their client's needs. This will include a mix of goods and services, the correct info and comprehensive assistance and back up. There is no-one better suited to undertaking this new approach to industrial field sales than the sales person who is able to keep in close personal contact with the client.

Thus the modern industrial salesperson is progressively turning into the customer's advocate. They pay attention to your client's ideas, wants and also to their complaints and pass them on to the organization. As the client's representative, the field sales man or woman will start to have a bigger influence on how much can be charged for goods and services than in the past.

In the long run the industrial salesperson will increasingly turn into a market researcher. They will need to know intimately the full range of goods they sell, the level of competition and their prices, as well as the way the clients evaluate the organization's services in comparison with the competition.

Sales supervisors, sales management training experts inform us, must be conscious that these changes will also alter the conventional sales process that industrial sales men and women might be working with. The modern sales man or woman needs to build up a relationship of trust with each and every decision maker inside a customer's organization: persuading is out - convincing is in!

The sales man or woman has to go from being an information giver to being an information receiver. The client doesn't have to know every little thing about your company in the first instance, rather the other way round! To get this intimate knowledge of your client's company will require regular group discussions.

The modern industrial sales man or woman regularly takes on the role of co-ordinator of the customer-supplier relationship. They're the contact partner when customer support doesn't work, when a bill which has long been paid is demanded for the 3rd time, or when a guarantee promise isn't kept or the delivery time is overrun.

It should be really clear to you by now that entirely new demands will be made of the industrial salesperson:

The new industrial salesperson needs to be a great listener, analyst and communicator. He/She understands the customer and his wishes and will deliver these to his/her colleagues within the business.

For this the new industrial salesperson must be equipped to speak to specialists from departments much removed from sales, for instance research and development, both in his/her company's business and the clients.

The simple selling techniques, like closing deals and handling complaints, though still vital, will decrease in their importance. Having said that, co-ordination skill, talent for organisation and team capability will become far more important.

The industrial salesperson who's simply guided by quotas will soon belong in the past. The new industrial salesperson needs to be self-managed, self-lead and self-encouraged. As such they will also need to be managed differently and a refresher sales management training program might be valuable for any sales supervisors having to lead such industrial sales people.

Richard Stone (richard.stone@spearhead-training.co.uk) is a Director for Spearhead Training Limited ( http://www.spearhead-training.co.uk/ ) a company that specialises in running management and sales training courses. Richard provides consultancy advice for numerous world leading companies.


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Saturday, 22 September 2012

Nine Ideas That Can Help Sales Supervisors Achieve Improved Selling Success From Their Sales Team

One of the key challenges of selling is the drastic increase in the cost of sales visits to prospects and customers. Despite new sales strategies, including e mail marketing, direct contact between a sales person and the customer remains by far the most effective method to achieve sales success. Many sales managers attempt to offset the increased costs by motivating their sales team to a lot more personal effort. However, having interviewed more than 2,000 salespeople from over 200 organizations, the American market researchers Barton A. Weitz, Harish and Mita Sujan propose a different approach: sales professionals shouldn't work more, they really should work using a more customer-oriented strategy. To attain a customer-orientated approach sales managers should encourage their staff to get to know each and every client better and also to try out new selling approaches based on customer types. The following nine sales management training pointers should help you to increase the selling results of the sales team you manage.

1. Teach your sales people to categorise their clients much better. It's advisable to keep different basic selling strategies ready for each and every customer type so you can then adapt to their individual buying motivations all the more effectively. It's not only external characteristics, such as age, that should serve to categorise customers, but, above all, characteristics of behaviour which can be noticed quickly. Does the customer, for example, want a friendly atmosphere for discussions, or do they attach importance to a cooler and more business-like environment?

2. Regularly present your sales team with general details about your market place. This sort of information will help them to categorise customers' general buying interests better. Thus, a car salesman has to understand the significance of a cars "sportiness" or "environmental acceptability" for his clientele.

3. Include the company's best sales people in management training sessions. With the involvement of your very best sales people, training programmes can be designed on a made-to-measure basis with the desired goals of one's own business in mind. In collaboration with external experts you can, also, track down reasons for sales success which you were not mindful of until now.

4. Ensure that the work is enjoyable. In many businesses, great stress is laid on external bonus schemes like money and promotion - that's to say, so-called extrinsic motivators. Try to motivate the staff intrinsically as well through the way in which you set a task. A successful conclusion has to be recognised verbally as well as financially, for then this will have a favourable effect on your sales professional's self-esteem.

5. Be cautious with incentives. Bonuses must never form too large a part of income, but must retain a symbolic character. If a sales person gets far too dependent on incentives, this could reduce their creativity and their will to consider new things. Rather, personal supervision really should be to the fore as the method of motivation, above all in the case of new members of your sales team.

6. Offer the sales team feedback which is not simply about whether or not they are working well or badly. If an employee is only ever informed about whether their performance has been satisfactory or not, then the sales manager is throwing away the opportunity to deliver their very own experiences to the subordinate by means of specific feedback. Only conversations like that include a stimulus to and prospect for improvement, even in the situation of sales people who're already effective.

7. Encourage your staff to evaluate successes or failures. Only individuals who think successes or failures through completely will be able to discover the true causes. In order that mistakes are not simply suppressed mentally or failures attributed to your client's unwillingness, the sales person must also be at liberty to admit them. This being the situation, help by asking about the "why" of results or failure in sales discussions. Admit that unusual customers aren't easy to sell to, and stress that the correction of sales errors can create a feeling of personal achievement.

8. Educate your staff to help themselves. Sales people have to be resourceful and independent. Simply because they've to take instant decisions in a given sales situation, they cannot count on too much assistance from others but must take the initiative on their own. The sales man who's mindful of this and has the ability to act will be more strongly motivated to their job.

9. Create an atmosphere for mutual assistance. The business has to show its personnel that it truly is interested in long lasting cooperation. Having good co-opperation can decrease competitive pressure among the staff and increase commitment to the organization's more far-reaching targets.

Even if a number of these management training suggestions are actually already familiar to you and have, in addition, been partially put into practice, there could nonetheless be a lack of awareness of their importance for your organization. The success of these kinds of strategies and training programmes can rarely be expressed in terms of an instantaneous increase in sales figures, but rather in the long-term continually increasing productivity resulting from these practices which will, ultimately,l benefit both your business and its staff.

Richard Stone (richard.stone@spearhead-training.co.uk) is a Director for Spearhead Training Limited ( http://www.spearhead-training.co.uk/ ) a company that specialises in running management and sales training courses. Richard provides consultancy advice for numerous world leading companies.


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