When your sales reps’ motivation and activity has started to flatline and plateau; and when their numbers are falling below targets and the next few weeks are forecasting no dramatic improvements, what is your plan to get them back on track?
What are you going to do to jolt your sales people out of their lethargy and to bring in the much needed sales figures?
Below are several excellent tips from Australian Sales Training and Sales Management Training courses for you to share and implement with your sales people.
Tips to Dramatically Improve Your Sales Figures
1) Don’t spend too much time on your products and sales pitches.
It’s not about you, it’s about your clients and customers. Listen to them more get to know more about their overall business.
Identify their real issues and consequences they are facing, rather than just where your product can be sold
They want to know how you can add value to them not just your products features and benefits so engage with them more and talk less about you and your company.
2) Focus on making what your customer wants to happen before they ask
Don’t over-complicate the process by focusing on what you need to happen just so you can hit your target
In any Australian call centre training or customer service training you will find the most successful people will always reinforce the ‘law of reciprocity’, and how – by giving a customer more than they expect they will be repaid in full
3) Create value for your customers and clients to build trust.
These are two key objectives you need to achieve with every interaction you have with clients.
You could create value by sharing a great idea but if there’s no trust because your company keeps letting the customer down, the customer will go elsewhere
All trust and no value added won’t work too well either.
The customer might think you’re terrific but won’t have a compelling reason to purchase anything from you.
4) Find a learning partner
This is where a colleague can coach you and you can coach them Strive to learn something new every week as when you stop learning about the industry you are in, the growth of the business stops too.
5) Don’t rely on the way you’ve always done things.
Most customers don’t need sales people to educate them on products and services anymore. They typically get this knowledge from the internet and many customers know more about your products than you do as they are using them every day
Clients/customers want ideas on what they can do to improve their own businesses and they want sales managers and sales reps to challenge their thinking and provide insights that will push their own thinking further.
Selling has gone beyond just meeting a pre-existing demand, and is now about uncovering and creating a new demand where none existed before.
As sales managers, you’ll need to get your teams performance level consistently up and revenues on track.
So share these ideas with the team and get each of them to apply them as they interact with customers
“Train people well enough so they can leave, treat them well enough so they don’t want to” – Sir Richard Branson
Let’s talk about a training and development for your business.
Training is about investing in your business and giving back to your employees. As Richard Branson put it, when you invest in your employees they will give back, and that kind of intangible quality is priceless for any business. Have you really consider the risk and exposure your carrying if your training system isn’t up to date or poor quality?
Why should I consider a training and development program for my business?
Training systems can help promote employee health and safety standards in the workplace.
Shows a commitment of proof your work force is competent, trained and authorise.
Gives a business owner evidence for “Duty of Care” where litigation risk can lead to prosecution.
You’re operating a business in a constantly changing economic market with complex risk.
Established evidence trail of workforce capabilities for legal requirements, contract tenders and proposals.
Gives your external key stakeholders confidence in your company’s professional skill base
Promotes morale, productivity and innovation in the workforce.
Can help reduce staff turnover costs, and employee skills shortages.
Could help win government based trainings funds for your business e.g. Australia.
Will support and align to a company management system, including policies, procedures and business planning.
What can a KONA Risk Management Training Consultant do for your business?
Employee Induction Program – develop a customised induction program for your business
Company Training Management System – including policies, procedures and tools/forms
Training Systems Audit – carry out training audits of employees or subcontractors.
Develop Training Packages – develop training packages for any topic related to safety, quality, environment, health, training, risk management or other business requirements.
Contractor Trainer – provide face to face classroom training services for your employees or contractors
Emergency Training Drills –workplace emergency and disaster drills, evaluation and feedback.
If you have any questions then get on the phone (obligation free) and contact KONA Group’s Risk Management Training Specialist Mark Hamon at info@KONA.com.au or call 1300 611 288 and you can discuss your business training and development needs.
Is your company one of the many forced to cancel the much anticipated Christmas party due to that pestilent C-word, COVID?Express gratitude to your team andat the same time prepare your Sales to be successful for 2021 –invite your Leadership Team toKONA’sVirtual GettingAhead ChristmasRetreat. This is a light-hearted, knowledge packed one-off 90 minutes Workshop with your Leadership team. Scheduled for November and December. And is ultimately, designed to get you ahead of the competition when 2021 kicks in.
WHY?
Because often employees don’t ask for training, but it has nothing to do with their desire to learn. They may be unsure how to ask, afraid of rejection, or under the impression that it will make them look incapable. We have found that most employees crave opportunities for professional development. And furthermore, will be glad if you offer it.
HOW
KONA’sVirtual Getting Ahead ChristmasRetreat addresses high-level topics that will significantly impact your business in 2021. This is delivered through our microlearning approach. Microlearning has long been used primarily for corporate training where participants learn new processes in short time frames. Consequently, it comes as no surprise that the microlearning market is predicted to grow from $1.5 billion in 2019 to $2.7 billion in 2024 (MarketsandMarkets, 2019). Microlearning, or learning in bursts, reduces cognitive overload in workshop participants. And one of the biggest results we have seen from microlearning, is how it prevents learner fatigue. Plus it also increases knowledge retention from our participants.
WHAT
You can completely customise your Sales and/or Leadership workshop, or cherry-pick from our high-level topics of 2021.
For many, 2020 comes pretty close to a curse word. And while there appears to be a chance of a resurgence at the moment, the fact remains, we still have no clear certainty about the path the pandemic will take businesses on next year. But that does not mean we just sit back and wait. You will not survive. Start getting Match Fit and Sales Ready in these closing months of 2020, otherwise 2021 will be even bleaker for businesses than this year was.
Companies that are still standing strong and successful today must be Sales Ready and prepare to adapt their approach on a strategic level in 2021. While we can’t predict the future, we can use what we’ve learned to shape our strategies and maximise prospecting potential for next year.
Here is a list of what we have learnt so far from the pandemic experience, and how to be Sales Ready, prepare for prospecting and go hard.
2021 SALES READY AT A GLANCEFor those of you that want to go straight to it click on the link of your choice:
Digital change has been around for a while now. Suppliers, buyers and and consumers are already living the digital lifestyle. Online purchases with small, medium and big-name vendors are now part and parcel of B2B purchases. This sounds like it may mean sales prospecting is going to get harder. It doesn’t have to be the case. Your Salespeople need to be adaptable in all their approaches.
To be Sales Ready and prepare for 2021, there are big changes to B2B prospecting. Train your sales team to:
Sell to remote buyers
Identify new opportunities
Come up with their own unique selling points to meet the needs of a changing market
Get socials-savvy – enable more social platforms to reach a wider digital-first audience
CLEAN FOR CLARITY
While most people dislike the chore of cleaning, some find it soothing. Either way, it is a necessary activity to maintain order. The same applies to your business’ database.
Clean up your Sales database and CRM: correct typos, incomplete records, incorrect email addresses, and so forth.
Check you have the correct CRM fields in place – as well as, correctly filled in.
Sift through bounce-backs from your email marketing.
LINKEDIN: Clean Up YOUR PROFILE! KONA’sLINKEDINWORKSHOP was one of the most demanded trainings this year. What are your employees’ profiles saying about your brand?
TRUST YOUR GUT BUT ACT ON FACT
It is crucial Salespeople prioritise their leads based on data analysis rather than just gut feeling. This is critical – to convert the most customers and deliver an extraordinary experience, data must play a significant part in your strategic decisions.
Train your sales team to ANALYSE FOR PROFIT. Do they know how to:
Gain a deeper understanding of their customer?
Create Customer Profile accounts?
Research techniques to personalise responses?
Maintain a sense of urgency while building rapport?
Defend price based on fact and value?
Use behaviour profiling to engage effectively with different buyer behaviour styles?
MEASURE TO MANAGE
Track and analyse your business’ actions. Measuring your marketing, as well as individual and team performances, gives you insight into strengths and weakness, as well as revealing what is working and what is not. Take a measure of:
The company’s Google Analytics figures: how many people are visiting the site? Where are they from? What particular pages are they frequenting?
What the numbers of your social media platforms are. Is your business growing in followers and connections? Is your team actually engaging with the marketplace to generate leads, or is it just a page for presence not profit?
The efficiency and accuracy of your CRM (Customer Relationship Management) System. Are your Salespeople adding new prospects to the pipeline? As a Leader, are you tracking movement through it? How about conversions, what is the bids versus wins ratio?
Measure it in many ways: Year-to-date versus Last-year-to-date. Year-to-date versus Goal, by service line and as well as by industry served.
The vital information from these measurements will form the foundation for your marketing, but also your Sales Strategy for 2021.
Do you and your Sales team require training on how to measure performance, and what to do with the results?
CREATE A 2021 SALES STRATEGY
At the very least, make notes about the business’ marketing and sales activities for the next 12 months. Address your team’s ability to commit to:
Investing in time and effort in their marketing and sales approaches
Setting, achieving and measuring individual KPIs, as well as team KPIs
Task Responsibilities for 2021 – most importantly, put all of these activities into a calendar-system, assign specific skill-based responsibilities, and then share the calendar with the team
Consider KONA’s ACTIVITY PLANNING Workshop to set your team’s goals for 2021. This needs to be done before2021 arrives! For example: as you think about your team’s goals for next year, do not just focus on the end result… set individual and team goals for the activities that will help you achieve the end result. This includes:
How many conversations to generate leads?
The number of Sales calls per week
The cost in time and money of prospecting properly
The Power of Power Hour – done right, done regularly
Maintaining Systems and Processes
Accountability Measures
Getting Geed-Up to Sell
These are areas we need to focus on before2021 gets here – to smash KPIs, skyrocket results and get back the company and team’s mojo. All these learnings are available to you and your team in KONA’s 2021 SALES READY WORKSHOP, addressing:
Adaption and Resilience
LINKEDIN Training | Employee Profiles and the Effect on the Brand
Analyse for Profit
Measure to Manage with Accountability
Sales Strategies: Geed-Up to Sell in 2021
To Get Sales Match Fit for 2021 and learn more about KONA’s 2021 SALES READY WORKSHOP, contact KONA today on 1300611288 | info@kona.com.au for a conversation.
Research has proven two crucial Sales factors. Firstly, it is seventimeslesscostly to keep a client than it is to win a new one. And secondly, it takes a minimum of 9 ‘touch points’, or brand recognition, to develop a relationship.
And during this pandemic-era it is has never been more vital to stay Front of Mind with your clients and prospects, through frequent, quality communication and Digital Marketing.
Note the focus on ‘Quality’ rather than’ Quantity’. As organisations have realised (some too late) that withDigital or Online Marketing any information sent out must be targeted to the specific audience and not “white noise”.
THE MESSAGE
Smart businesses are communicating with their clients and prospects by using web-based CRMs (Customer Relationship Management) systems or communication tracking tools to stay Front of Mind.
Staying Front of Mind in Sales is core in building the all-important pipeline. We have developed four methods you can connect with your customers and inform them constantly about your business. And please understand, while none of the following four points are new, the question is how often and how well does your organisation do it?
1. ONLINE EMOTIONAL CONTRACTING
Online Emotional Contracting is about utilising the social platforms available to interact with your whole database at once, to stay, Front of Mind.
LinkedIn, Facebook, and Twitter are all extraordinary online networking tools and depending on your type of business (B2B; B2C; Channel; Enterprise etc) a robust approach to turn your prospects into clients, as well as keep your current clients informed. But have you considered the message your profile or your team’s profile is sending? Could your Sales team – and business – benefit from Crucial LinkedIn Training? What does their profile reflect about them and the company?
This will help you improve your products or service offering which will eventually help you maintain your clients, and stay Front of Mind.
2. THE EDM APPROACH
EDMs (Electronic Direct Mails) promoting through an e-newsletter sent out daily, weekly or monthly is very effective. Critics may label the EDM Approach as “annoying”, but the results from Front of Mind Branding speaks for itself.
Auto-responders (which are particular email promoting messages that are composed ahead of time and sent to subscribers on particular days) can additionally be customised in email marketing just to make sure that your clients receives the information the moment they need it.
3. SMS TEXTS
With your clients’ permission, you can get in touch with them utilising quick updates and messages to their mobile phones. If they have joined your database you can also utilise SMS to send specials, coupons, openings or appointments.
A good example of how SMS updates can grow your business, retain clients and remain Front of Mind is one of Queensland’s top Smash Repairers. This forward thinking company sends an SMS update to their clients at each stage of the car’s repair process! Clever. This keeps their clients informed and engaged and feeling part of the process – a huge benefit away from the Industry Customer Service levels of years gone by!
4. OCCASION MARKETING
An incredible approach to inviting people to a virtual gathering or event is to send an online message to clients.
A smart business uses the available technology to identify their client’s needs and how to respond to them appropriately as they realise that by keeping in regular contact with their clients can make them an invaluable resource. If not clients and customers will switch to other businesses that offers what they require. You need to stay front of mind, even during uncertain times.
To learn more about how the Sales and Marketing Training and Coaching Specialists at the KONA Group can help increase your leads and client base through Digital Marketing, contact KONA today on 1300 611 288 | info@kona.com.au for a confidential conversation.
For more than 20 years the KONA Group has been increasing sales effectiveness in many organisations and across several industries. Including:
Banking & Finance
Professional Services & Consulting
IT&C
FMCG
Building & Engineering
Pharma & Medical
Retail
Trades
And while many articles have been written about the ‘Black Art‘ of sales, unfortunately many don’t pass the test for sound psychology or practical reality.
Furthermore, many add to a growing world of sales myths and falsehoods.
So, having worked with thousands of Salespeople and Sales Managers, the following are KONA’s observations on the common myths about the Sales Profession:
KONA’s observations on the common myths about the Sales Profession
Sales Myth 1: Top Academic Grades Equal Top Sales Results
Fact: Academic qualifications do NOT guarantee sales results. In fact, they often work against a Salesperson. Research has proven that it is easier to teach basic engineering concepts to a sales professional than it is to teach an academic “genius” to sell.
Sales Myth 2: The Best Salespeople Have “The Gift Of The Gab”, “Can Talk Under Water” and “Sell Ice To Eskimos”
Fact: Sales is a Process, just like any other profession.
It is no different to a manufacturing conveyor belt. If you do things out of order, cut corners, or don’t manage the ‘human element’, results will be no where near what they could be.
Also, the best Salespeople are the ones who are clear about which companies they want to deal with, who they want to speak with, what they are going to speak about, “what keeps the customer awake at night” and how they can add Value to the customers business (and role), not just reasons to buy their products.
Sales Myth 3: The Best Salespeople Will Make The Best Managers
Fact: When you convert a sales superstar into a manager, typically three things happen:
You lose a great Salesperson
You gain a mediocre (or worse) manager as most new managers are thrown into the role without any help, especially in their first 90 days in the role
Customers suffer in the transition time
Sales Myth 4: Salespeople are Lazy and Out There “Eating and Drinking for Australia”
Fact: This is a common misconception brought about by hiring the wrong Salespeople for the job; or the right Salesperson for the wrong job; and/or poor Sales Management. Good Salespeople have the desire and commitment to succeed and require guidance, coaching and to be held accountable for their performance.
Sales Myth 5: All Salespeople are Motivated by Money
Fact: Good Salespeople seek 3 things: independence, achievement and financial reward. Money, including earning bonuses, does motivate some Salespeople to achieve a short term objective. However not every salesperson is motivated in this way and the manager is best to link their motivation strategy to what the Salesperson is going to spend their bonuses on, rather than just the bonus itself
Also, Salespeople are motivated by recognition, achievement and status for long term goals. What does their next 3 years look like? How will the manager help them to be successful.
Sales Myth 6: Good Salespeople Know How to Split Their Time Effectively Between Account Management and Prospecting
Fact: The best “hunters” who are great at new business development and prospecting rarely make good “farmers” who retain and service existing customers well. True ‘hunters’ get bored behind a desk and likewise, customer service people and tele-marketers with great personalities over the telephone don’t do as well in the field
Sales Myth 7: Salespeople Only Need Product Knowledge to be Successful
Fact: Why is an average of 90% of all induction programmes focused on internal procedures and product knowledge, and less than 10% on the conversations the Salesperson must have with customers?
Research proves that the conversations the customer has with the salesperson plays the single biggest role (39%) in a customer’s purchasing decision.
While product knowledge is important, if the Salesperson does not focus their conversations on the customers business they run the risk of being just “another product flogging, brochure dropping, order taking, rep”.
Sales Myth 8: The Internet and/or Creating A Better Product Will Drive Customers To Your Door
Fact: Linked to the Myth # 7, nearly 85% of all new products patented in the Patent Office never succeed in the real world. And companies that don’t offer “real people” to relate to and consult with customers are over seven times more likely to fail.
Sales Myth 9: Experienced and/or Motivated Salespeople Immediately Know To Do When They Join Your Team
Fact: Far too many Managers do not provide clear directions and expectations (especially in behaviour, minimum standards and customer conversations) to their new team members.
In addition, in many companies Sales Managers are spending too much time behind their desk on ‘very important reports and strategies’ instead of getting in the field and coaching their people every month.
Sales Myth 10: Telling Salespeople They are Doing a Good Job Makes Them Arrogant Then Complacent
Fact: This is NOT true. Poor management lets Salespeople become complacent.
Recognition for a job well done, be it behaviours demonstrated or results achieved, motivates the salesperson to go back out and achieve again. However if good sales performance goes unrecognised low morale and low performance will follow, for the Salesperson AND their colleagues.
Sales Myth 11: A Well Thought Out Strategy Will Ensure Sales Success
Fact: No matter how much time and effort has been put into a strategy it is EXECUTED when the Salesperson is Face to Face with a customer. If their conversations skills are not up to standard and of Value to the customer, then your strategy will be a waste of time and effort.
So, what are your people talking about?
Sales Myth 12: Putting a Salesperson on a Generic, Off the Shelf Public Training Course will ‘Fix Them’
Fact: Training works, as long as it is a) relevant to them, and b) followed up by coaching.
Unfortunately too many Managers send their people onto a ‘tick the box’ off the shelf , by the book training course, then don’t follow up with the Salesperson in the fied to ensure they put the training into practice. (I am sure you have never heard your Salespeople say “it was good, but won’t work with my customers, on my area, with my products”…)
Going forward: So, what type of Salespeople and Sales Managers do you have? And what type of Salespeople and Sales Managers do you need for the next 3 years?
If you need help designing a customised, fun and highly charged training program to help you win more customers and grow your market share, contact KONA today on 1300 611 288| info@kona.com.aufor a confidential conversation.
We have always been told that in order for us to be successful in business, we need to work hard.
And in 95% of businesses, sales strategies and methodologies need to be applied if we want our businesses to grow.
Business expects to improve its sales over the previous month or year.
It is no longer enough that a sales person or a business earns the same amount of money each month as the expectation is that the business must improve its sales over the previous month or year.
This is why sales training and coaching should be conducted regularly
This is why sales training and coaching should be conducted regularly for sales people, so that they are updated with the latest strategies and techniques to make sure the business can grow.
Insanity is doing the same things, in the same way, and expecting a different result…
We have all heard the old cliché “Insanity is doing the same things, in the same way and expecting a different result” However when KONA start to work with many sales people (and managers) we find that most are still selling with the skills and techniques they learnt (or picked up on the way) years ago.
Or worse, they are ‘learning’ from and working for managers who also haven’t upgraded their skills.
Stuck in the 1980’s – 1990’s
Basically they are still 1980 – 1990s ‘product flogging, brochure dropping, price quoting, problem solving reps’. This is compounded at a time when customers are looking for a sales person and sales manager to really add value to their business, not just spout product stats and features.
If you think this is BS – a Global Brand recently flew all of their sales people into a conference recently and didn’t train them in ‘strategic account management’ or ‘complex negotiation in multi channel solutions’.
They did sales 101 as they realised their sales team didn’t know how to ask questions, discuss the customers overall business, or even find out “what keeps the customer awake at night”
Many companies used to think that the only way a person can be really good at sales is if they have a bachelor’s degree, have years and years of sales experience, or have the ‘gift of the gab’.
This way of thinking not only hinder them from being truly successful, but it also blinds us to what is real, as having all those attributes does not guarantee a sale.
So, What Does?
You may have noticed that much of the training you have attended has been carried out by so-called sales experts who deliver ‘by the manual’.
However, if you listen carefully and compare each training session that you have gone to, you will notice how generic that approach can be.
They would always go through similar topics but not actually train you – what you should actually do, what you should say, or how you should say it, keeping it relevant to YOUR industry and YOUR challenges.
In addition, many training sessions are too focussed on telling you how you should present your product more effectively.
What Your Customers Are Really Worried About
However the reality is that your customers rarely lie awake at night worrying about you and your product…
They are worried about:
Their market
Their future
Their customers
Their competition
Their pipeline of new business
Their people
Their cash flow
and many more issues.
Product training is all well and good but nothing beats learning about how to ‘DNA’ the challenges customer faces in their business. Then how to link your solutions, services and/or products to those challenges.
Take a look at your sales people and sales managers, what era are they selling from?
For more information on how to ‘DNA’ a customer contact KONA Training today at 1300 611 288 or info@kona.com.au.
COVID-19 is changing how B2B buyers and sellers interact. Clever adaptable sales leaders are learning how to adapt to the next normal.
COVID-19 has destroyed lives and livelihoods and continues to do so in many communities around the world. The full implications of the pandemic are far from certain, it is already clear that its economic consequences are dire.
For sales leaders contemplating how to react, taking care of their people and customers must be a top priority. Even as they manage that reality, sales leaders also need to adjust how their organizations sell in the face of new customer habits and trying economic times. In many ways, the changes in customer behaviour are an acceleration of digital trends that were in motion before the pandemic hit.
To better understand how both customers and sellers are reacting, we looked at sales statistics from 2019. While companies are generally reducing spend, a sizable number are increasing or maintaining it, with rates depending on company size, sector, and—more than any other factor—location in the world.
One thing is clear, while there is a lot of trepidation and uncertainty, causing significant reductions in spending, companies are still spending.
Almost 90 percent of sales have moved to a video-conferencing(VC)/phone/web sales model, and while some scepticism remains, more than half believe this is equally or more effective than sales models used before COVID-19.
Data is an amazing thing, when we look at it, we can see trends and insights that can help us be better at what we do. For example, imagine in 2018 to 2019 we knew that is takes, on average, 3.68 calls to reach a prospect. That knowledge hopefully encouraged you to make at LEAST 4 attempts to reach your prospects.
Now the problem is things have changed…
And with that, the data needs to change and be updated. However, what we are going through is unprecedented.
Looking at 2019, it took 8 calls on average to reach your prospect!! If you were going by previous data you’d be giving up at 4-5 attempts, missing tonnes of opportunities, so how many do we need to make in this COVID era????
To help here are some of the statistics out there from 2019 to help give you the insight and advantage you need to sell more. While our activity needs to increase, we don’t believe the methods have changed.
NOW
1) Studies show that asking between 11–14 questions during the course of a lead call will translate to 74 percent greater potential success. (Source – Gong.io)
2) Almost six in 10 buyers want to discuss pricing on the first call. (Source – HubSpot)
3) Customers are 4x more likely to buy when referred by a friend. (Source – Neilsen)
4) 80% of sales require five follow-up phone calls after the meeting. (Source – Marketing Donut)
5) Several industries reported a 50 percent revenue increase with social media selling. (Source – Forbes)
6) 75% of 1,000 executives polled were prompted to attend an event or take an appointment as a result of a cold call or email. (Source – DiscoverOrg)
7) 43% of consumers are more likely to buy a new product when learning about it from friends on social media. (Source – Neilsen)
8) About 47% of top performers ask for refferals consistently, versus only 26% of non-top performers. (Source – HubSpot)
THEN
9) In 2007, it took 3.68 cold call attempts to reach a prospect. In 2019 it took eight attempts. (Source – Spotio)
10) 79% of all marketing leads are never converted to sales. (Source – Salesforce)
11) The biggest challenges in 2019 salespeople face: Establishing urgency (42%), Getting in touch with prospects (37%) and Overcoming price objections (35%) (Source – HubSpot)
12) 44% of salespeople give up after one follow-up. (Source – Scripted)
13) 40% of emails are opened on mobile first, and the average mobile screen can only fit four to seven words max in the subject line. (Source – ContactMonkey)
14) The best days to call are Wednesdays and Thursdays from 6:45 to 9:00 a.m. and 4:00 to 6:00 p.m.(Source – RingLead)
15) CRM system adoption increases sales by up to 29%. (Source – Salesforce)
16) 73% of executives prefer to work with sales professionals referred by someone they know. (Source – IDC)
17) 55% of B2B buyers search for information on social media. (Source – Blender)
18) The most successful reps use terms that inspire confidence, such as “certainly,” “definitely,” and “absolutely,” five times more often than low performers. (Source – Gong.io)
19) 79 percent of salespeople achieve quota by using a combination of social selling techniques. (Source – Microsoft)
20) On average, people made 33 dials per day. This is down from 38 in 2012. (Source – ForEntrepreneurs)
21) Research shows that 35% to 50% of sales go to the vendor that responds first. (Source – InsideSales.com)
22) Adding the word “New” to your subject line can increase open rates by 23%. (Source – Adestra)
23) Only 7% respond to leads in the first five minutes after a form submission. More than half don’t respond within five business days. (Source – Drift)
24) Subject lines with three to four words get more responses than shorter and longer ones. (Source – HubSpot)
25) Nurtured leads make 47% larger purchases than non-nurtured leads. (Source – The Annuitas Group)
26) High-performing sales organizations are twice as likely to provide ongoing training as low-performing ones. (Source – HubSpot)
27) 32% of buyers post a review on social media. (Source – Avande)
SO!
Did any of these statistics shock you?
Were there any that you are finding to be happening to you right now?
Which ones have inspired you to work differently?
Statistic number 19 showed that a whopping 79% of salespeople achieve quota by using social selling techniques… however so many salespeople and sales teams are barely scratching the surface with it.
If you need help designing a customised, fun and highly charged training program to help you win more customers and grow your market share, contact KONAtoday on 1300 611 288 | info@kona.com.aufor a confidential conversation.
Your Long-Term Strategy for Success with a Positive Sales Culture
As the old adage goes, choose a job you love, and you will never have to work a day in your life! To truly create a driven and positive work culture, you’ll need a long-term strategy of consistent, purposeful support for sales improvement. These techniques for good sales training can be used with a one-day conference, a workshop or short-term coaching.
1. CONTINUE WITH TRAINING:
Make training continuous with a series of workshops, online seminars, lunch-and-learns, and other sessions. Regular sales training should reinforce previously learned skills as well as help people learn new tips and techniques. Online learning and blended-model learning, a combination of online and in-person training, is an affordable and effective way to offer continuous support and education.
2. LISTEN AND LEARN:
Build a library of books, podcasts and other materials to provide your team with learning on the go. They can listen to sales training and motivational materials during transit to appointments or on their commute to and from the office. Some classics of sales include Garret Norris’s Build a Healthy Business, Brian Tracy’s The Psychology of Selling and many others. Don’t forget books on communication skills and, of course, a bank of product resources to help your salespeople increase their basic sales knowledge. The Kenan-Flagler Business School offers a list of the 10 best podcasts for building a positive sales culture. You can download Apple iTunes to your smartphone or iPhone and listen on the go and be well on track to building your own positive sales mindset.
3. DEVELOP A CASE STUDY LIBRARY:
Newcomers to the sales department may gain much from a bank of case studies your team has created. Although some sales skills are product – and company-agnostic, others seem to work best in specific situations and industries. Use this foundational knowledge to shorten the learning curve for new employees and to help everyone improve, in turn creating a unified and positive sales environment. Because salespeople are often on the go, written case studies may not work for your team. Instead, spend five minutes at your weekly sales meeting sharing case studies and record them with a small digital recorder. Upload them to the company intranet or share links via email. Staff can listen to them in the car, at home or if they have a few minutes at work.
4. PERSONAL COACHING AND MENTORING:
Partnering up skilled salespeople as observers and mentors with new or less-skilled sales members may also help in establishing a positive sales culture. Learning from peers in a safe, supportive environment is often an effective way to overcome personal blind spots. Because the information is coming from peers, it may be easier to understand or easier for participants to ask questions.
5. ALLOW TIME FOR A CHANGE:
It takes time to learn and apply new skills. It can take even longer to demonstrate results. While you shouldn’t have to wait forever to see positive improvement, demanding immediate change is counterproductive. Allow your employees time to learn, grow and change. Make sure they have enough structured time in their day for learning and training activities.
6. MEASURE RESULTS:
Hold people accountable for their sales goals. Use the goals they have self-identified in training to measure progress. Metrics to monitor include lead generation, sales calls, closing rate and revenues generated. Don’t forget to measure customer satisfaction, upsells and cross-sells, too. These, when taken together, can clearly show how much of an impact sales training has made.
7. PROVIDE FEEDBACK:
Managers can accompany team members on sales calls and provide immediate feedback once the meeting has ended. Providing feedback immediately after a situation helps reinforce both what went right and what could be changed in the future. Just make sure this feedback is given in private and not in front of the client!
PLAN FOR SUCCESS
For long-term sales success, you need a plan. Begin your plan by analysing and measuring the current performance of your sales team. Get to know each team member as an individual. Each person contributes something unique to the team while having specific weaknesses in their work skills. Identifying strengths and weaknesses is the first step to planning effective sales training. This is where you start. Even before you begin to think of your marketing plan
A clear road map for sales training includes both big-picture thinking and alignment to individual goals and KPIs. Aligning training activities to the company’s overarching key performance indicators (KPIs) and goals helps build executive buy-in, as well as necessary budget, for your proposed sales education program.
With these methods, both phone and field sales team members can demonstrate improvement over time. Having the right sales training program means tailoring it toward your team, their goals and their needs, and the company’s needs overall. With this in place, you can dispel the myth of sales training issues and demonstrate its positive benefits instead.
If you need help designing a customised, fun and highly charged training program to help you win more customers and grow your market share, contact KONA today on1300 611 288|info@kona.com.au for a confidential conversation.
Have you calculated how much your customer service costs you? Do your Customer Service Officers (CSOs) know how to make the best use of time?
The concept of sales coaching, in an effort to reinforce the information learned during training and facilitate changes in workplace behaviour, is gaining moremomentum. And industry feedback reveals some businesses still need to do more.
In August 2020, the KONA and HBB Group coached over 500 salespeople virtually. However, it is important to understand that salesis not the only area where coaching has a key role to play.
In fact, coaching your staff in the art of customer service is every bit as important. Without doing so, you are unlikely to put together a truly customer-orientated workforce, increasing the likelihood of customers having bad experiences. That, in turn, can have some serious consequences for your business.
Most businesses recognise that delivering good customer service is now a prerequisite for success.
Indeed, customers are more demanding than ever before in this area. Also, the level of customer service that would have once provided a competitive advantage is now considered to be the bare minimum expectation.
It is, therefore, best to assess the importance of customer service by looking at the cost of failure.
One of the KONA Groupsclients – American Express, in a survey found:78 percent of customers have backed out of an intended purchase.
Why? Due to poor customer service.
Meanwhile, 67 percent have hung up the phone because they could not reach a live agent.
Crucially, it is not just the affected customers that may be lost. Research published by the White House Office of Consumer Affairs states “news of negative customer service reaches twice as many people as news of positive customer service”. This means, failure in this area can do catastrophic damage to a company’s reputation.
WHAT CUSTOMERS ACTUALLY WANT
Good customer service need not be complicated. In truth, despite customers having higher expectations than in the past, their demands are still all perfectly reasonable and achievable.
For example, in 2019, a HBB Group global survey revealed the single most important quality was “competent CSOs who could listen and empathise”.
The other main trend revealed customers do not want to have to wait ages for help. Again, this is a reasonable expectation. But when we speak to our customers, there is one common issue. Three quarters of all customers believe it currently takes too long to reach a person capable of assisting them.
What does this mean? That the focus of your customer service development should be on providing your staff with a detailed product knowledge and ways to reduce waiting times. Add in personalisation, such as insisting that staff actually use customer’s names, and you are well on your way.
Also, the cost to the organisation on not obtaining and recording accurate information can put undue pressure on the business. It also significantly heightens the customer’s frustration level. In a recent study conducted by The KONA Group while coaching 172 CSOs, it was found that one mistake caused 20 minutes to fix! If you amortise this – the time to the organisation is 1,964 days of productivity. That is an approximate cost of $765,000.
WHY CUSTOMER SERVICE COACHING MATTERS
Businesses that invest heavily in customer service training may wonder why ongoing coaching is required? The same answer applies to sales training and sales coaching. The role of a coach is to work with staff on a personal level, help them identify areas of weakness. Then, teach them to put their knowledge into action.
“Coaching is an interactive process that helps the other person improve, learn something new or take individual performance to the next level” explains Garret Norris, CEO of The KONA Group and author of “Build a Healthy Business”. “It is often an under-realised tool with which you can get the most out of your employees.”
In order to optimise your customer service, you are likely to have to need to make certain changes. That includes, reducing waiting times and personalising the customer experience. This requires staff to not only learn new ideas, but to actually use the information on a daily basis. Put simply, if you want to make improvements to your customer service, you cannot afford for them to revert back to old habits.
At The KONA Group, we offer a customer service coaching courses, learning how to develop talent and give feedback, with a view to improving performance and productivity, and in turn result in a strong ROI.
For over 2 decades, our customers have reached out to us because we are an expert Australian team with local and global expertise. We are passionate about empowering individuals and teams growth - developing talents, cultivating leadership skills, and overcome any obstacles.
Let's embark on this transformative journey together.
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