Key Takeaways from the Sales Development Playbook, part 3 - recruiting

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THE SALES DEVELOPMENT PLAYBOOK PART 3 - RECRUITING KEY TAKEAWAYS From:

Transcript of Key Takeaways from the Sales Development Playbook, part 3 - recruiting

Page 1: Key Takeaways from the Sales Development Playbook, part 3 - recruiting

THE

SALES DEVELOPMENT

PLAYBOOK PART 3 - RECRUITING

KEY TAKEAWAYS

From:

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PART 3

Recruiting

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HIRE WITH URGENCY

sales development:

a field with high demand and

not enough supply

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Need to out-hire your competitors

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Make recruiting a

TOP 3 priority

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3 REASONS to

hire groups of two or more:

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simplified on-boarding

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better efficiency

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better bonding between new hires

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FIND QUALIFIED CANDIDATES

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Have a solid candidate profile

a standard against which to measure candidates

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4 candidate profiles to keep in mind:

recent grads experienced SKRs

military to civilian transitions job shifters

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3 CHARACTERISTICS

of the best candidates

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PASSION “perseverance and grit

over the long term”

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COMPETITIVENESS look for those who want to

win, but not at the expense of their teammates

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CURIOUSNESS “curious people ask the

best questions”

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WRITE JOB DESCRIPTIONS,

NOT SLEEP PRESCRIPTIONS

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The description

should sell the job, not the duties

Think of it as a “role elevator pitch”

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Impression to give:

“this is the place to advance my career”

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Don’t present a laundry list of duties; show candidates how

they will learn and grow in the position

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DO: DON’T:

Describe what they’ll be doing

everyday

Demonstrate

why to work here

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speak to their aspirations

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market towards your

target demographic

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COMPENSATE AT MARKET RATE

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Pay competitive wages and offer attractive

compensation packages

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5 VARIABLES that

affect compensation

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REGION (northeast, midwest, etc.)

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REQUIRED SALES EXPERIENCE

(none, one year, etc.)

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MODEL (introductory meetings vs.

qualified opportunities)

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AVERAGE SALES PRICE (<$10k, $50k+, etc.)

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TYPE OF PRODUCT (software, service, etc.)

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Know the market compensation for

your region

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FAST, MOBILE SALESFORCE ACCESS

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ATTRACTIVE COMPENSATION

PLANS wheredatapp.com

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Great compensation plans have 3 THINGS

in common:

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1. CLARITY core plans should have no more than 2 moving parts

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2. PAYMENT CLOSELY FOLLOWS ACTION

don’t wait 2-3 quarters to give out payments

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3. REPS CONTROL THEIR OWN DESTINIES don’t award or penalize reps for

things outside their control

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2 general rules:

Base plan should be 60-70% of total compensation

Pay incentive compensations monthly; don’t make them wait for payday

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SOURCE CANDIDATES EFFECTIVELY

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2 broad buckets

of candidates:

GREEN CANDIDATES

EXPERIENCED SDRs

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GREEN CANDIDATES

no prior experience

• spend time marketing the position to them

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Potential Sources:

VETERAN GROUPS

UNIVERSITIES

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Use inbound marketing on job boards:

‘RECENT GRADS’ ‘FOR VETERANS,’

‘ENTRY LEVEL’

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EXPERIENCED SDRs

make them understand you’re the best path towards

THEIR end game

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Pursue passive candidates who are

currently employed / not actively looking

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2 COMPONENTS to “activating” passive

candidates:

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1. THE MESSENGER have the CEO, SVP of sales or

senior hiring manager message them directly, not a recruiter

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2. THE ASK Don’t ask for their resume

Only sell the next step: a 5 minute phone conversation or

a reply to the e-mail

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3 TACTICS

for sourcing passive candidates:

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LinkedIn + Messenger + Ask subject: why should they listen?

message: why should they care?

Ask for a one line reply or a 5 minute phone call

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PROMPT EMPLOYEE REFERRALS

best source for candidates

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SET A NETWORK QUOTA set realistic and measurable goals

for example: 1 phone interview every day, or 1 face-to-face

interview every week

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LIKE A PRO

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Make sure Glassdoor reviews are helping your company, not hurting it

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Claim your Glassdoor profile

SPICE IT UP: add pictures, videos, awards,

culture information, etc.

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Rating and review goals: aim for 3.7 out of 5 stars and 80%

“recommend to a friend” and “approve of CEO”

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TREAT HIRING LIKE A SALES PROCESS

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6 STEP FRAMEWORK:

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1. APPLICATION + SURVEY attach a brief 5 minute web survey to the application to

help determine "fit"

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2. PHONE SCREEN screen for red flags—don’t

evaluate skills

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3. PHONE INTERVIEW keep it 20 minutes or less

great candidates will come prepared

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4. ON-SITE INTERVIEW

ask behavioral questions

make the sure candidate "closes" at the end of the interview.

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5. SDR SHADOW Let them see the position

firsthand and ask candid questions

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6. OFFER Aim for 10 business days from

application to offer

If you claim to be a fast-paced, agile culture, then prove it with

your hiring process

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ENABLE YOUR FIELD REP AND DIRECTOR TO CALL

THE SAME FORECAST (NO EXCEL REQUIRED)

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