Your
Sales Methodology
Retain It, Repair It or Replace It
By
Dave Stein, CEO, ES Research Group
For most successful companies, consistent revenue delivery
is in part dependent on a well-founded and institutionalized
selling methodology-a set of processes, procedures and tools
that provide the sales organization with what they need to
convert qualified prospects to customers. Today, with relentless
competition, savvy buyers, and information about your offerings
readily available on the Internet, successful selling is the
result of staying close to a proven path rather than "winging-it,"
which is still the de facto standard for far too many selling
organizations.
Just the phrase "sales methodology" scares many sales reps;
sometimes for good reason. I've seen reps hobbled by bureaucratic
burdens placed upon them by well-meaning executives. Other
reps have lost weeks of selling time in training classes that
contributed nothing to their productivity. It takes strong
leadership for a sales organization to know that their adoption
of a methodology will enable them to win more business.
What's your first step? Assess your situation. Perhaps you
don't have a methodology in place. Maybe you did, but it may
have fallen out of use, leaving your reps to figure things
out for themselves. Whether you are selling commodity products
over the telephone or professional services to Fortune 500
CEOs, your reps need a clearly defined path to achieve their
mission. Every quarter that you wait before taking action
will be another quarter's revenues at risk. You need a methodology
that will be the foundation for driving revenue now and supporting
growth into the future.
Sales managers that have invested in sales methodology consulting
and training and are not able to tie results directly to increased
revenue need to know why. Do the processes that were installed
still fit your business requirements? If not, that would be
a reason to repair your approach. Have many of the people
originally trained left your company? In that case, assuming
the processes are still relevant to achieving your objectives,
recommit to the methodology and invest in a new round of training
and the strategic coaching that will support its ongoing use.
Unfortunately some companies realize that the training and
consulting they invested in would not have gotten the job
done under any circumstance. Perhaps a thorough requirements
definition wasn't done or the methodology provider wasn't
able to deliver what was needed. Maybe the methodology was
better suited to a complex sale and yours is a relatively
simple one. This total breakdown is the worst case scenario,
and requires immediate action. An objective assessment will
have identified the gaps between what you have and what you
need. These should be the foundation of a requirements definition
that will enable you to find the right company to get you
back on track and then provide you with the processes, procedures,
and tools that will put you out in front, where you need to
be.
It is critically important for every salesperson to have
a methodology to depend on that will guide and support them
down the proven path to a sale. If your company doesn't have
one, acquire one. If the one you have is broken, repair it
or replace it.
Dave Stein is CEO
of ES Research Group (ESR), a leading independent research
organization that provides comprehensive reports on strategic
sales management and sales training performance. Many of the
nation's leading companies rely on ESR for insight on best
practices that maximize sales revenue growth and return on
sales investment. ESR's online destination, ESResearch.com,
provides business sales executives with a one-stop resource
for subscription-based analytic and assessment reports, online
seminars and advisory services. Visit www.esresearch.com
or call (845) 621-0000.
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