Six Ways to Invigorate Your Sales Training Program

By Matt Heinz, President of Heinz Marketing Inc. Join him on April 10, 2013 in San Francisco for a half-day seminar, “Sales Training: Strategies & Best Practices for a Consistently Successful Sales Organization.” Register here.

World-class sales organizations don’t just train their reps during new-hire orientation, when the product changes, or during the annual sales kick-off.

The best sales organizations – those that consistently exceed expectations and retain their best reps – make sales training a regular, weekly discipline. Training is ingrained in how they do business and tied to constant achievement.

Here are eight ways you can make training a priority and use it to keep your sales team invigorated.

1) Make time for training.

Training doesn’t have to be extensive every time. Teachable, trainable moments can take just minutes but, over time, can add up. If you have daily huddles at the beginning of the sales day, include a brief success story that links back to some previous training effort. Be sure to make the link between the training and the result clear so reps start to value training time.

2) Identify skills; then find or assign “owners” across the organization.

Do you have a training plan? If not, start simply with an inventory of skills or lessons you want to impart across the floor. These can include

  • cold-calling skills,
  • negotiation skills,
  • voicemail best practices,
  • follow-up tips,
  • lead nurturing best practices, etc.

As you build that inventory, think about which reps are already doing a great job. Make them the owner of that skill. As you build that skill-and-owner matrix, you’ll have the start of a training plan that can be executed over the coming days and weeks in your regular sales meetings and rhythms.

3) Get non-sales executives involved.

Could someone in marketing teach your reps about how to find & listen for buying signals across the social web in their territories? What could product management teach reps about how customers use your products and services? Encourage leaders from across the company to share what they know, and come teach your reps. I bet you’ll be surprised at what sales skills exist across the company.

4) Get reps to share best practices.

This can be in the form of a veteran-to-newbie mentorship program, but you can also encourage reps to showcase their best practices in team meetings. (As a bonus, this is a further develop their presentation and communication skills.)

5) Create a “best practices library” on your intranet.

Document best practices and create a repository for them. This will help reinforce the best practice and give you a resource to use with new reps. If you don’t, you’ll waste a lot of time creating the same content again and again. How you organize and present this information is up to you. If you already have a company or sales team intranet, create a section to file and organize best practices.  Or just get a wiki or other, similar tool to keep them in one place.

6) Share feedback from customers and prospects.

Why not invite a few customers to come in and brief your sales team directly? Find local customers (and prospects) who can share with your reps what their primary needs & pain points are, and answer questions honestly about how they react to and work with sales reps.

Similarly, find where your target customers are congregating and talking to each other. Record these sessions, or summarize the key topics to share with your sales team. The more your team can hear directly from the customer and prospect, the better.

Matt HeinzJoin Matt on April 10, 2013 in San Francisco for a half-day seminar, “Sales Training: Strategies & Best Practices for a Consistently Successful Sales Organization.” Register here.

Posted in Sales 2.0 Conference, Sales 2.0 Events | Tagged , , , , , , | Leave a comment

Sales Management Advice from Two Sales 2.0 Speakers

Want to hear upcoming Sales 2.0 Conference speakers Jeffrey Hayzlett and Gerhard Gschwandtner discuss sales management trends and strategies for 2013Register now to join them during this Selling Power-hosted webinar on Tuesday, February 19. The discussion will be moderated by Matt Heinz (who will also be speaking at our April event). Here are more details:

During this webinar you will hear from two of the sales industry’s most experienced thought leaders. Gerhard and Jeffrey will weigh in on the critical trends and strategies that will impact your ability to lead your team to success in 2013. This webinar will be highly interactive. Topics discussed will include:

  • the biggest obstacles sales managers face and how to address them,
  • how shifting buyer behavior has affected sales rep performance,
  • the impact of social networks on the buyer/seller relationship,
  • sales management trends you should embrace, and which ones you should ignore

Moderator:
Matt Heinz, President, Heinz Marketing

Panelists:
Gerhard Gschwandtner, Founder & CEO, Selling Power
Jeffrey Hayzlett, Best-Selling Author, Global Business Celebrity & Sometime Cowboy, The Hayzlett Group

Gschwandtner is regular host of the Sales 2.0 Conference, and Hayzlett has spoken at more than a few of our events in the past. They’re both dynamic speakers and always receive high marks in our exit surveys. Check them out in this Selling Power TV interview, where they discuss Hayzlett’s approach to leadership during his time as CMO at Kodak.

Posted in #s20c, Conference Speakers, Sales 2.0 Conference | Tagged , , , , , , , | Leave a comment

5 Ah-Ha Moments from the October 2012 Sales & Marketing 2.0 Conference

David DiStefano (President & CEO, Richardson) and Nancy Martini (President & CEO, PI Worldwide) at the October 2012 Sales & Marketing 2.0 Conference in San Francisco.

by Nancy Martini

A few weeks ago I traveled to San Francisco to present my keynote, “Sales Coaching 2.0: How Using Scientific Data Leads to Better Sales Performance” to an audience of over 600 B2B sales and marketing leaders at the Sales & Marketing 2.0 Conference. The event was a great few days of thought-provoking conversation, and I walked away with five “ah-ha” items to take action on.

1) Shift your focus from the sales cycle to the buyer cycle. The most consistent concept I heard — from the Speaker’s Dinner on Sunday, all the way through the presentations on Monday and Tuesday — was a buzz about the “buyer’s journey.” Today, it’s not about just how your company sells, it’s also about how your buyers buy. This isn’t necessarily a new idea, but people are now starting to talk specifically about the new ways they are asking their reps to re-evaluate their actions in light of where the buyer is at any given point in his or her purchasing journey. Great push to rethink how your organization is mapping the two points of view.

2) Embrace content for lead generation and lead nurturing. We all have seen the research that 57% of a buyer’s decision today is made before talking with a salesperson. What does that mean for sales and marketing teams? You must get involved in the buyer conversation early. How? Start with avenues like blogging and social media. If buyers are doing even part of their research about you online, then you’d better have a stellar online presence.

3) Sales reps want more coaching. I loved this stat from speaker Chuck Penfield: according to Oracle research, 89% of reps want more coaching. Our own research at PI Worldwide has shown that what sales managers want is more informed coaching for reps that is enhanced by analytics. While many sales managers are willing to give reps more coaching, the hesitation is lack of time combined with lack of payback– particularly if they lack the analytics to gauge ROI. Bottom line: coaching informed with analytics creates predictable results.

4) Big data has big revenue potential. Big data has huge potential to enhance sales analytics and improve processes like cross-selling, negotiation and price quoting. During Chris Jones’s (CSO of PROS) presentation, I had a big ah-ha moment when he shared that Amazon.com attributed 20-30% of its growth to its “recommendation” function (aka, those suggestions that read: “Customers who bought this title/product also bought …”).

Sales organizations are still in the early stages of understanding how to leverage big data to help them scale growth and create more successful sales teams. Now is a great time to learn more about this trend and how it may apply to your sales organization.

The best thing about attending an event like the Sales & Marketing 2.0 Conference is that it provides thought-provoking sessions and conversation to rethink common business challenges. What are some of your biggest sales challenges right now? What steps are you taking to address them?

Nancy Martini is President and CEO of PI Worldwide, a global consulting firm specializing in leadership and sales development since 1955, and a frequent speaker at Sales 2.0 Events. She is also the author of Scientific Selling, Creating High Performance Sales Teams through Applied Science and Testing. 

Posted in #s20c, Conference Speakers, Sales & Marketing 2.0 Conference, Sales 2.0 Conference | Tagged , , , , , , , , | 1 Comment

How to Start Sales Conversations (in an “Info-holic” World)

by Peter Stewart

“Good morning, my name is Peter Stewart, and I’m an info-holic. Last night, my son got upset with me because I wasn’t talking to him during dinner. He caught me reading my email under the table. I knew things were really bad later when my kids were asleep, and my wife and I finally caught a moment alone—and I said I’d rather check out the newsfeed on my tablet.”

The above paragraph was my opening statement onstage last week at the Sales & Marketing 2.0 Conference in San Francisco, which drew an audience of more than 600 sales and marketing leaders who wanted to find out how to run better, more sophisticated sales teams. I’m sure my words initially sounded silly to some. But I asked them to consider this fact: The American Psychology Association has officially listed the “fear of missing out” as a phobia. And a recent Newsweek issue cited research that shows you get the same kind of neurological dopamine fix from gambling that you do from constantly checking your inbox. Many people have even had “ghost vibrations” of their smartphones where they believed they were receiving new message alerts, when in fact none existed.

So what’s the implication of info-holism on sales conversations? To start, realize that your prospects and customers live in a constant state of partial attention. Because we’re so distracted, we struggle to concentrate, make decisions, and think in original, creative ways. In this kind of environment, it’s highly difficult for sales professionals to spark communication that leads to connections with prospects and customers.

Here are two tips to combat info-holism and lay the groundwork for better connections and sales conversations with prospects.

1) Make it easy for people to connect with you.

Customers today are short on patience. If your web conferencing tool requires a download, for example, many prospects will simply move on to the next click. In addition, what kind of message are you sending when you require prospects to download cumbersome software? What does that say about your products and services? You should be able to get face-to-face with people from any device, anywhere, any time—and so should your partners, customers, and prospects.

2) Find solutions that will help you combat distraction.

If you can’t beat ‘em, join ‘em. Device distraction is not going away. Successful sales reps and managers are going to find ways to leverage mobile technology and Sales 2.0 solutions that replicate the good old-fashioned face-to-face meeting. As we heard from various presenters at the event, getting together in person is an increasingly unrealistic goal for most people. Yet reps and managers crave connection (one speaker cited research from Oracle showing that 89% of sales reps want more sales coaching from managers). Do you have the tools to conduct a video chat with a prospect from your iPad? How do you plan to connect with prospects, customers, channel partners, colleagues, and team members?

At the end of the day, winning in sales boils down to winning communication—anywhere, at any time. As you plan ahead for 2013, consider your level of info-holism, and ask yourself what tools you can use to convey compelling value propositions to your target audience.

Were you at the Sales & Marketing 2.0 Conference last week? Share some of your takeaways in the comments section.

Peter Stewart-Headshot

Peter Stewart is the SVP of Collaboration Technology Services at PGi, a global provider of virtual meeting solutions with $450M in revenues and 30,000 customers. He leads the worldwide teams that provide collaboration technology expertise, and implementation and service delivery to global enterprises.

Posted in #s20c, Conference Sessions, Conference Speakers, Sales & Marketing 2.0 Conference | Tagged , , , , , , | 1 Comment

5 Ways to Prepare for the Sales & Marketing 2.0 Conference Next Week

guidebook app for sales & marketing 2.0 conference

Our Sales & Marketing 2.0 Conference next week in San Francisco is promising to be our biggest event yet. Here’s what’s on deck:

  • More than 570 600 [updated as of 10/19] B2B sales and marketing leaders have registered to attend;
  • More than 40 speakers will be keynoting, leading breakout sessions, or participating on panel discussions,
  • More than 20 sponsors will be on hand to discuss solutions that can help B2B sellers with sales coaching, getting qualified leads, improving customer presentations/demos, shortening sales cycles, and more.

In our experience, these two days move fast — to get the most value from attending, start planning now. Here are our top five tips to help you get ready.

Tip #1: Download the mobile conference guide. 

Make this handy app from Guidebook (thanks to Microsoft Dynamics CRM for sponsoring) your new best friend — use it to quickly scan the full agenda, check session times and descriptions, create a “to-do” list, personalize your own reminders, and more. The app is compatible with iPhone, iPad, iPod touch, and Android devices. There are two ways to get it:

1. Download ‘Guidebook‘ from the Apple App Store or the Android Marketplace.
2. Visit guidebook.com/g/r74uw3xb from your phone’s browser

Tip #2: Take part in our “Passport Program” for a chance to win an iPad2.

Attendees who participate in our “Passport Program” will be eligible to win an iPad2. Answer trivia questions and get a “passport stamp” from each of the following booths for a chance to win an iPad2 (winners will be announced on Tuesday at the afternoon cocktail reception): CallidusCloud, iMeet, PROS, and The TAS Group.

Tip #3: On Monday, head out to the Veranda Terrace for lunch. 

On Monday, head outside to the Veranda Terrace and sit at one of 14 tables for our Birds-of-a-Feather Lunch. Each table will host a discussion around a specific selling challenge. Attendees, check page 38 in your attendee guide (provided onsite) for more details about seating.

Tip #4: Prepare to tweet.

Whether you’re attending or not, follow live updates and reporting about presentations, breakout sessions, special sponsor offers, and more on Monday and Tuesday by tracking #s20c on Twitter. Follow us at @Sales20Conf. And if you hear or see something worth sharing, tweet (or retweet) it!

Tip #5: Make use of our exclusive online resources after the event. 

The day after the event, we’ll email attendees a link and instructions to access select speaker presentations, white papers, and reports in our online Resource Library. (This is an exclusive benefit for registered attendees.)

For more tips, read this blog post from heinzmarketing.com — learn why he thinks it’s wise to cancel as many of your routine calls/meetings as possible, avoid sitting next to people you already know, work in the lobby or other public place instead of your hotel room, and visit the sponsor booths.

Have any tips to share about making the most of the Sales & Marketing 2.0 Conference? Let us know in the comments!

 

Posted in #s20c, Conference Sessions, Conference Speakers, Sales & Marketing 2.0 Conference, Sales 2.0 Conference, Sales 2.0 Events | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Three Reasons to Plan Your Sales Territories by Social Proximity

by Al Campa

When it comes to sales territory planning, location used to be everything. Why? Because relationships between sales professionals and customers used to require physical meetings and in-person interaction. Therefore, it made perfect sense to segment your sales team by geography. If you were a rep who lived or worked in close physical proximity to a customer, then that customer was your account.

social proximity selling

Image via funnelblog.com

Conference calls and web conferencing solutions like GoToMeeting and WebEx have changed all that. Today, many sales professionals have strong connections with customers they’ve never personally met before.

That’s why some companies are starting to consider the strength of social relationships (“social proximity”) when assigning accounts. This is something I’m excited to talk about to an audience of more than 200 sales leaders at the upcoming Sales & Marketing 2.0 Conference in San Francisco. Here’s a quick preview of three ways sales teams can benefit from a social selling proximity model.

  1. Increased productivity for outbound prospecting. We’ve found that for every 1,000 prospecting calls made, only 345 are returned if there is no personal connection but 849 are returned if there is a personal connection. That’s a 243% increase in productivity.
  2. Improve conversion rate for inbound leads. Inbound leads can be prioritized by the strength of the personal connection somebody in your organization has to a prospective account. This enables you to focus your sales resources on opportunities where you have an inside edge.
  3. Get deeper penetration into target accounts. Target accounts can be assigned based on who has the strongest personal connections to them. This will allow you to leverage established relationships with key influencers and decision makers in order to extend your presence within key accounts.

Despite the drastic changes in the way we connect and communicate, business is still about people. People who can’t connect effectively rarely do well in business. We buy things from people we have a positive relationship with; people we like and trust. And if those relationships stay positive, we keep buying from them, even if they switch companies and sell something different.

At Reachable, we believe that social proximity is a far more relevant way to segment your sales team than geographic proximity. That’s why our solution helps sales teams leverage collective contact information to establish stronger relationships with prospects and customers, at a highly accelerated rate.

I look forward to sharing more during my breakout session, “Using Social Proximity to Improve Sales Productivity,” on October 22 at the Sales & Marketing 2.0 Conference. Register here to join me.

Al Campa-Headshot
Al Campa is CEO of Reachable.

Posted in Conference Sessions, Conference Speakers | Tagged , , , , , , , , , , , | Leave a comment

A Simple Way to Reward Reps for Winning Deals

by Chris Cabrera

Do your sales reps know what they’ll be paid on the huge deals they closed yesterday, or last week, or last month?

Is it hard for them to focus if they don’t?

Salespeople love to compete — and they also love to track their winnings.

Sales leaders need to help reps know what they’ll be bringing home. They need to know it so they can plan their lives. They also need to know it so they can feel like winners.

When commissions are your incentive to do well, paychecks become attaboys. It is a basic way management communicates success to them.

Without the feedback that incentive plans and commission checks provide, they are selling in the dark.  When companies keep incentive information tucked away in complicated, private spreadsheets, it’s hard for sales people to know what deal is a winner and what deal isn’t. When paychecks are late — or, worse yet, incorrect — you’ve just lost a major opportunity to keep your team highly motivated.

Here’s what one company, Zuora, told us they’ve done to improve motivation. (You can get the full story later this month during my presentation at the Sales & Marketing 2.0 Conference in San Francisco.)

  1. Make quota attainment data available. This helps people track success. If they know how close they are to rewards, they’ll work hard to reach their goals.
  2. Have transparent payout information. Salespeople shouldn’t worry if last week’s deal will be in their paycheck or not. If they can see the deal is credited toward their payouts, they can focus on the next one. According to Zuora, it’s a “dispute killer.”
  3. Make changes easy. Motivating salespeople the right way means having plans that reward profitable behavior. Zuora quickly implements special bonuses and other incentives to spur performance.

To hear the whole story, register now to join me at the Sales & Marketing 2.0 Conference on October 22 and 23 in San Francisco.

Chris Cabrera is CEO of Xactly Corporation and a frequent speaker at Sales 2.0 Events.

 

 

Posted in Conference Speakers | Tagged , , , , , , , , , , , , , | 1 Comment

How Well Do You Know Your B2B Buyer Cycle?

At each Sales 2.0 Conference, we can always count on at least one speaker (and usually more) to quote the following statistic based on research by the Sales Executive Board — today, 57% of B2B buying steps are completed before buyers connect with a salesperson.

Image via The Spectrum Group

It sounds like a no-brainer, but you’d be surprised how many B2B companies have not yet adapted to a buyer cycle powered by the digital customer. Recently, the Center for Marketing Research reported that only 28% of Fortune 500 Companies have public-facing corporate blogs – despite the fact that 92% of businesses that do blog see successful results from their efforts. (Tip: Find HubSpot Senior VP of Sales Mark Roberge in San Francisco at our October event if you want to learn more about creating a great B2B blog that generates revenue.)

Starting a blog is not a cure-all for B2B companies that are trying to find ways to stay competitive. But it does tell us that a lot of businesses still have their heads stuck in the sand. Here are three basic questions that sales leaders should be able to easily answer about today’s buy cycle:

  1. How well can your sales team build relationships with customers via a variety of channels?
  2. How well does your sales process map to the buy cycle?
  3. How empowered are your reps to have compelling and relevant conversations with qualified prospects online?

We’re excited to discuss these questions and more on October 22-23 in San Francisco, and to hear the keynote from our conference host, Gerhard Gschwandtner. As he said in a recent blog post, the good old days of selling are over. How well will you adapt?

Posted in Conference Speakers, Sales Leadership | Tagged , , , , , , , , , , | Leave a comment

Tips for Tweeting & Networking at a Conference: Speaker’s Edition

Speaking at an upcoming event or conference? Here are our best tips for using Twitter to boost your visibility, engage with attendees, and network with success.

Tip #1: Promote yourself. 
About a month before the event, start sending out some tweets like the ones below (you can also schedule these to run at regular intervals using an application like HootSuite or Tweetdeck). In your tweet, be sure to include 1) the hashtag for the event (ours is #s20c), 2) a link to the event homepage or event registration page.

Tip #2: Check the conference hashtag. 
Want to know what the audience thought of your presentation? When you get offstage, check the conference hashtag stream and/or your personal “mentions.” You’ll probably see some tweets like these:

 

Tip #3: Send reply tweets.
Take two seconds to send a quick reply — for example: “@SellingPowerMag Thanks for the kudos! #s20c” — and you’ve just made a new Twitter friend. Here’s a tweet of thanks from one of our former speakers, Jon Ferrara; he tweeted this to Anneke Seley after she said he was “the real thing:”

Tip #4: Invite people to talk with you in person. 
If you see someone tweet a question or kudos, seize the moment to arrange an in person meeting. For example, you can tweet something like: “Thanks @SellingPowerMag for the comment — let’s talk at the break at Booth 12? #s20c”

Tip #5: Make it easy for people to tweet about you.
If you want people to tweet positive things about your presentation, make sure you do the following things. 

  • Prepare some “tweetable moments.” You will set yourself apart as a speaker if you think in sound bites. Like this:

In our experience, the audience loves to hear short, punchy one-liners like these from speakers. Try creating one or two slides with tweetable moments on them. (Read more: The Power of the ‘Tweetable Moment.’)

Another thing the audience loves? Statistics. Be sure to cite your source (people get cranky when speakers throw out numbers without attributing them to sources).

 

 

 

Have you spoken recently at a conference and used Twitter with success? Feel free to share your personal tips with us in the comments section.

 

Posted in Conference Sessions, Conference Speakers | Tagged , , , , , , , , | Leave a comment

Morning & Afternoon Recaps: July 2012 Sales 2.0 Conference (Boston)

We used Storify to capture the best tweets from all presentations at the Sales 2.0 Conference here in Boston today.  Check out our morning recap and afternoon recap to find out what attendees had to say about what they heard from keynoters and panel presenters.

Our next Sales 2.0 event will be in San Francisco on October 22 and 23. We hope to see you there.

 

Posted in Conference Sessions, Conference Speakers, Sales 2.0 Events | Tagged , , , , | Leave a comment