Increasing sales performance. Basic Assumptions From the customer’s perspective, sales activities...
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Transcript of Increasing sales performance. Basic Assumptions From the customer’s perspective, sales activities...
Increasing sales performance
Basic Assumptions
• From the customer’s perspective, sales activities have to be regarded as an essential element of the marketing mix
Design sales activities according to marketing principles
• From the company’s perspective, sales activities are a permanent and substantial investment
Design sales activities according to principles of efficiency
• To realize an optimum level of sales effectiveness the following issues have to be addressed:
• Process• Content• Training• Systems
Sales performance loop
Sales Performance
Process
ContentTraining
Systems
- Revisiting value proposition and positioning statement
- Defining generic motivational drivers within the decision making process
- Different needs in different customer segments
- Powerful orchestration of sales calls
- Maximum potential of customization
- Organizational setup and sizing
- Planning, monitoring & controlling
- Incentive scheme
- IT-systems and tools
- Perfect alignment of all elements, ensuring optimum result
- Analysis of Customer needs and decision making processes
- Documentation of current sales processes (as-is)
- Analysis of sales targets and sales funnel
Design of- Sales processes (to-be)- X-selling paths- Interfaces (systems/tools)
- Assessing training requirements
- Planning procedure- Skills- Attitudes
- Monitoring and Evaluation concept
- Company AND team specific training and coaching program
1. Process dimension
Process
Sales Targets
Sales Process(es) (As Is)
Sales Funnel
Competition
Basic Segment Needs
(Product/Service)
Customer Expectations
(Sales)
X-Selling „Paths“
Sales Processes (To Be)
Interface to Systems/Tools
(e.g. CRM)
AnalysisInput Design
Sales process optimization
• Identification of main steps in buyer’s decision process
• Design of sales process to support buyer’s decision process
• Delivering Value at every process step
Acknowledge painDefine needs
Search for solutionsRationalize options
Select best choice
Identify
Position
Define
Propose
Negotiate
Sales Process
Buyer’s Activities
Process Landscape
• A process landscape helps capturing the big picture• Different origins trigger different process sequences• Interfaces outside the sales department can easily be identified
2. Content dimension
Content
DesignInput
Positioning and features of own Product/Service
Basic Segment Needs
(Product/Service)
Generic driving motives in the
decision process
Formats for interaction and presentation
Sales Arguments
Sets of arguments for different combinations of
•Segment
•Predominant motive
• Differentiating• Activating and
memorable• In line with
overall positioning
- Sales material- Presentation
media- Additional
elements
Applying marketing know how in sales
• Sales calls are done in a very standardized and formal way
• Same pattern for all industries
• Very traditional if not boring
• Companies try to differentiate themselves from competition investing millions in advertising and corporate communications
• The don’t try this concerning sales calls
Creating an unique style of presentation and discussion helps getting memorized and building relationships
The ability to address individual motivational drivers increases the hit rate
Individual orchestration of sales calls (example)
Visualizing the prospects’ demand and setup in a joint activity
Identification of predominant motives
Selecting the presentation variant according to motive
3. Training dimension
Sales Training
Attitudes
Skills
• Training Tasks• Clear Goals• Methodology• Plannable Input-
Output Relation
Predictable Outcomes
• Change • Clear Directions• Processes• Time
Uncertain Outcomes
PlanningNeeds Analysis
Training Program
Implementation
Training & Coaching Program
structured, integrated process
to assess the training needs
defines and measures the
progress of development along
specific development goals
follows a holistic approach
taking into account different
stake holder interests
Target Group
Specifc Stake
Holders
Specifc Stake
Holders
Customers Company
Training Score Card
TrainingScoreCard within the HR resource development system
HR-department data
- Employment and career history
- Track record (e.g. appraisals, performance records)
- AC results- Test results- Career Plans- Succession Systems
Extracts from Corporate Strategy
- Mission Statement- Corporate Values- Medium-long term strategy (e.g. expansion goals, optimization plans)
- Balanced Score Card
TSC ProcessQuestionnaires for all
relevant Stake Holders
Skills?Competences?Attitudes?
Short Term Needs?Medium-Long term needs?
Job Specifics?
Core Competences Model
Business
&
Functional Competences
Behaviour / Skills Related
&
People Management Competences
Business
&
Functional Competences
Behaviour / Skills Related
&
People Management Competences
TrainingScoreCard within the HR resource development system
TSC ProcessDevelopment and
Training Goals
Development areasPrioritiesSpecific goalsIndicatorsMonitoring system
Program Planning
Aggregation of individual needsDefining and selecting appropriate development activitiesScheduling
Individual Development Plans
- Training activities- Other development activities (e.g. job rotations, shadowing)
Aggregate Development Plans
- Yearly training program- Mid-term training program- Development budget planning
- Input for career and succession planning systems
Training modules offer (examples)
• First call - emphasizing company´s position and generating maximum opportunities
•
• Follow-up calls - opportunity management and winning new accounts
• Solution selling for key and global accounts
• Optimum structure of the single point of contact (SPOC)
• Customer insight & lead generation with winning telemarketing strategies
• Sales and sales support with relevant inside sales activities
4. System dimension
Systems
Corporate Strategy
Channel Structure
Sales Processes
Competition
Customer base
IT architecture
Organizational setup and sizing
Planning, monitoring and
controlling
Incentive and remuneration
scheme
AnalysisInput Design
Systems/Tools (e.g. CRM)