Over the past several months I have been observing an
interesting aspect of sales that I am now ready to share with you.
It started when I was working in the field with several reps
last fall. The reps I worked with were broken into 3 groups. As you would
expect the groups were; 1) consistently above quota, 2) consistently at quota,
and 3) consistently below quota.
I made some detailed notes while in the field with these
reps and after reviewing the notes I made an interesting discovery. The reps
that were consistently above quota were more likely to NOT think about what
they do every day. The reps consistently at quota may or may not think about
what they do every day, and the reps consistently below quota were the ones
that were most likely to think about what they do every day.
What do I mean by “Think about what they do every day”? I am
talking about thinking about the sales process. When making a sales call
following the process that leads to the greatest percent of success.
This discovery made me very curious, which lead me to
question the reps that I rode with to find out what they were thinking and why.
What I found was very interesting, the reps that were consistently above quota
told me that they were too busy to focus on the details of the sale. The reps consistently
at quota told me that they needed to focus on the process only to new prospects
and the reps consistently below quota said they needed the process to help them
generate more sales and maximize every stop.
For some reason, the answers I received didn’t make for a
good business plan and I needed to dig deeper to get to the root of the reps
thinking. I went back and asked some more questions. To the above quota group I
asked if when they have a difficult month do they then fall back on the process
to help them get back on track. EVERY rep said yes. They all agreed that the
process helped them build their pipeline when their sales were on the
decline. The at quota reps gave me the
same answer, when they were in fear of missing quota they fell back on the
basics of the sales process to regain the momentum they needed. I had to ask
the below quota a different question and asked them if when they reach or
exceed quota do they stray from the process? As I expected from the answers of
the other groups, most said they did get away from the process once they
reached quota.
Many of you that have followed this blog for a while or
those of you that I have worked with may already know the last question I asked
all the groups... the simple question, WHY?
Every rep acknowledged the importance of having a solid
sales process. They all agreed that the process was the best tool for helping
them gain new prospects and break the ice with the prospects. They all also
agreed that the more successful they became the less time they had to think
about the process and to go through the “STEPS” of the sale.
I know that making sales and generating revenue and personal
income is the most important thing to sales reps and their companies. However,
having been a sales manager and having owned my own sales business, I also know
that consistency is high on the list as well. Just like a sales rep needs to
have a steady flow of business to maintain their income, a business needs a steady
flow of sales reps making a steady flow of sales to be able to maintain their
profitability as well.
Many of you know I have had both of my knees replaced. My
surgeon is one of the busiest orthopedic surgeons in Atlanta. He schedules his surgeries
back to back two days a week. I am sure that he has periods where he is busier
than others, but do you think he ignores his process to save time? More
importantly, do you think that the hospital would allow him to ignore their
process to save time?
The process is there to assure consistency in the sale. The
process is as important to the sales rep as it is the prospect or customer. The
process, if used correctly, is the shortest distance between the introduction
and close.
Lorin
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