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Many sales managers believe that persistence and hard work are
the keys to success. Certainly, persistence and hard work pay
off in many endeavors. World class athletes, for instance, don't
become "world class" overnight. They train, practice, and train
some more -- day after day, month after month, and year after
year. They have a clear goal in sight, and a plan for
accomplishing the goal. And, persistence and hard work are
integral to the plan. Their training may be hard work, but their
training regimen is smart. They know their limits, they focus
their efforts, and they pace themselves. They don't overexert
and risk injury or take shortcuts in an effort to speed up the
process.
What does this have to do with selling?
There is a difference between "hard work" and "working hard."
Working diligently, even if it requires substantial effort
(i.e., hard work), when you have a clear goal in sight and a
well defined plan for accomplishment, is working smart. On the
other hand, working diligently and exerting substantial effort
when you don't have a clear goal in sight, or you don't have an
effective plan for accomplishment (even if you have a goal) is
working hard: you exert the effort, but you don't make much
headway or meaningful progress.
Working smart starts with a goal.
What do you want your salespeople to accomplish? The obvious
answer is "close sales." That's why you assign them quotas.
Quotas are necessary, but are quotas the smartest benchmarks by
which to manage their activities? Closing sales and hitting the
quota is the culmination of a group of interconnected steps:
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Identifying selling opportunities;
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Qualifying the opportunities;
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Developing the opportunities;
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Eventually making presentations and
closing the sales.
To work smart, your salespeople need
an effective and efficient plan to perform each step of the
selling process. Like the athlete's training regimen, the plan
should define specific activities to perform and also include
specific criteria that must be met to keep the process moving
forward. If the criteria can't be met, it's a clear indication
to abandon the opportunity and pursue another that is more
viable.
Allowing your salespeople to continue pursuing opportunities
that have stalled, only because they've already invested so much
time or the potential size of the sale is significant, is not a
productive (or smart) use of their time. It's hard work --
hoping something will happen when there are clear indications
that it won't.
What's your plan?
By what processes do your salespeople identify new prospects?
Are their actions proactive -- initiating contact with
prospects, networking, generating referrals, cultivating
strategic alliances? Or, are their actions reactive -- waiting
for marketing leads to come in or people to respond to
pre-approach letters?
What criteria have you established to classify prospects? Does
someone merely have to be interested and request some literature
or information to qualify as a prospect, or are there other
benchmarks to separate the real prospects from the pool of
suspects?
Once your salespeople meet with a prospect, how do they
determine the quality of the opportunity? What specific criteria
must be met, and what commitments must be obtained from the
prospects before you allow them to begin working on proposals or
presentations?
Take a closer look.
If your salespeople's hard work is not translating into the
goals you have set, perhaps it's time to re-examine your selling
process and associated activities. Each activity should lead to
a measurable result that indicates the appropriateness of either
continuing or abandoning the opportunity. When you help your
people channel their hard work into smart activities, they'll be
working smart.
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