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Where are all the Sales Hunters? Where are all the Sales Hunters? Joe Zente Z3 Performance Development, Inc Joe Zente Z3 Performance Development, Inc

Where Are All The Sales Hunters Oct08 Slides 1 37

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Evaluating Your Current Sales Force Z/Three can help you evaluate your current salespeople. The assessment results are designed to be read by your employees. The evaluation reveals a detailed analysis of strengths and weaknesses, examples of how they may affect the salesperson's behavior, and specific directions regarding how to overcome weaknesses and erase blind-spots. In order for training to be effective you must provide the right training to the right people. Z/Three evaluations suggest who to train, how much training to provide, the Return on Investment to expect. They will also serve as a guide for selecting the required content and the appropriate expectations for growth.

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Page 1: Where Are All The Sales Hunters Oct08   Slides 1 37

Where are all the Sales Hunters?

Where are all the Sales Hunters?

Joe Zente

Z3 Performance Development, Inc

Joe Zente

Z3 Performance Development, Inc

Page 2: Where Are All The Sales Hunters Oct08   Slides 1 37
Page 3: Where Are All The Sales Hunters Oct08   Slides 1 37

Recent Questions from Successful Business Leaders

� If my Salespeople performed well last year, why aren’t my forecasts looking better today?

� Is my Sales Team composed of the Right People for this Slowing Economy?

� How can I create profitable growth and consistency while protecting my company from risk?

Page 4: Where Are All The Sales Hunters Oct08   Slides 1 37

More Common Questions

� How do we Identify, Locate and Recruit Winners? Where are all the HUNTERS?

� If I have Good Salespeople, is Sales Management Really That Important?

� Assuming we have some of the right people, WHAT CAN I DO TO FIX THINGS NOW?

Page 5: Where Are All The Sales Hunters Oct08   Slides 1 37
Page 6: Where Are All The Sales Hunters Oct08   Slides 1 37

The enemy of GREAT is

Good

- Jim Collins

Page 7: Where Are All The Sales Hunters Oct08   Slides 1 37

The UnCommon Sense ©Formula for Success

� Step One: Diagnostics

� Step Two: Processes• Sales

• Sales Management

• Sales Recruiting

Page 8: Where Are All The Sales Hunters Oct08   Slides 1 37

A series of actions that bring about a particular result.

Process (pro’ ses) n

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Are YOUR Salespeople…

• Consistently Exceeding Revenue Goals?

• Upholding Margins?

• Forecasting Accurately?

• Reporting Effectively and Timely?

• Contributing to the overall TEAM effort?

• Generating enough NEW business?

• Providing you with an excellent ROI?

Page 10: Where Are All The Sales Hunters Oct08   Slides 1 37
Page 11: Where Are All The Sales Hunters Oct08   Slides 1 37

The Statistics Aren’t Pretty

� Less than 10% of people seeking jobs as Salespeople today will be able to provide your company with an acceptable ROI.

� “Sales force turnover rates vary from industry to industry and firm to firm, but research finds average

industry sales force turnover rates as high as 53%.”

www.bnet.com

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Are you seeking Order Takers or people who hunger to Hunt for NEW Business?

� 24% of candidates will not prospect—AT ALL

� 8% of candidates score well enough to be considered Hunters

� 1% have the complete Hunter Skill Set

data based upon evaluations of 350,000 candidates

Page 13: Where Are All The Sales Hunters Oct08   Slides 1 37

The Bare (Hunter) Necessities

37%% of Traits

����Recovers From Rejection

Has No Need For Approval

Will Prospect

Receives Plenty of Introductions

����Gets Appointments When Prospecting

Gets To Decision Makers

����Gets Past Gatekeepers

Prospects Consistently

PresentHunter Attributes

Page 14: Where Are All The Sales Hunters Oct08   Slides 1 37

Typical Sales

Candidate

possesses only

27-52%of Hunter Attributes

Page 15: Where Are All The Sales Hunters Oct08   Slides 1 37

And what about CLOSING?

� 45% will not close

� Less than 1% have the complete set closing attributes

� The typical candidate will possess less than 23% of closing attributes

Page 16: Where Are All The Sales Hunters Oct08   Slides 1 37

The GREAT News for You!

Over 80% of private companies rate their ability to hire and retain effective salespeople as “poor”

Page 17: Where Are All The Sales Hunters Oct08   Slides 1 37
Page 18: Where Are All The Sales Hunters Oct08   Slides 1 37

Recruiting and Hiring Sales Superstars

TRADITIONAL

(Subjective)

♦ Resume

♦ Interview

♦ “Record of Accomplishments”

♦ Industry Experience

♦ Past Earnings

EFFECTIVE

(Objective-Behavioral)

♦ Identify

♦ Search w/PreScreen

♦ TEST (Custom)

♦ Qualify (dual phone)

♦ Panel Interview

♦ Hiring Interview

Page 19: Where Are All The Sales Hunters Oct08   Slides 1 37

Identify

What is it about your business that makes it difficult for a salesperson to succeed?

Page 20: Where Are All The Sales Hunters Oct08   Slides 1 37

Search

� Start with a HUGE candidate pool

� Be patient (Over-Achievers ONLY)

� Killer AD– Must Have…

– Should Have…

– What is DIFFERENT about it?

– Hunters love a Challenge

Page 21: Where Are All The Sales Hunters Oct08   Slides 1 37

Search

� Postings

- Frequency

- Variety

- Jobsites

- Geographies

- Industry/Classification

- Remove the Fluff

- Don’t make it so easy

Page 22: Where Are All The Sales Hunters Oct08   Slides 1 37

Qualify

� Use Criteria from Identification Step– Hunter? Farmer? Closer?

– Channel Manager or Direct Sales?

– Phone Sales or Face to Face?

– Sales Cycle

Page 23: Where Are All The Sales Hunters Oct08   Slides 1 37

Qualify

� Keep it BEHAVIORAL

� Use a Score Sheet– Selling Skills

• Experience Meets Criteria

• Technical Background

• Closer

• Handles Putoffs?

– Phone Skills• Articulate, Warmth, Presence, Rapport

Page 24: Where Are All The Sales Hunters Oct08   Slides 1 37

Different Ways to Evaluate Salespeople

• Psychological Tests• Personality Tests• Behavioral Tests• Aptitude Tests• “Will Sell” Test

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Test

� An OBJECTIVE View of a Salesperson’s:

– Competencies

– Conditions

– Hidden Weaknesses

– Priorities

Page 26: Where Are All The Sales Hunters Oct08   Slides 1 37

Interviewing

Page 27: Where Are All The Sales Hunters Oct08   Slides 1 37

The Voices in Your Head…

� Need For Approval

� Fear of Rejection

� Call Anxiety

� Perfectionism

� Performance Anxiety

Page 28: Where Are All The Sales Hunters Oct08   Slides 1 37

More Limiting Self-Talk

� The Money Weakness

� Emotional Involvement

� Buy Cycle

� Overbearing Ego

� Head Trash

Page 29: Where Are All The Sales Hunters Oct08   Slides 1 37

Who am I REALLY about to hire???

Page 30: Where Are All The Sales Hunters Oct08   Slides 1 37

Voices Can Cost a Fortune!

40%Emotional Involvement

40%The Money Weakness

35%Need For Approval

50%Buy Cycle

Improvement if Overcome

Hidden

Weakness

Page 31: Where Are All The Sales Hunters Oct08   Slides 1 37

Benefits of Using a Sales Recruiting Process

� Repeatable

� Measurable

� Scalable

� Manageable

� Improvable

� Proactive, Not Reactive

� Trainable

� Predictive

� Efficient

� Effective

Page 32: Where Are All The Sales Hunters Oct08   Slides 1 37

More About Assessments…

� Sales and Sales Manager Diagnostics

� Existing Employees or Candidates

� The Executive Summary and The Management Overview---The ROADMAP to Upgrade Your Sales Team

� A HUGE opportunity for you to generate more profitable revenue

Page 33: Where Are All The Sales Hunters Oct08   Slides 1 37

On Boarding

• Create a 90 Day Plan

• Demonstrate a Clear Path to Success

• Demand Execution of the Basics

• Communicate CLEARLY

• The Revenue Goal

• Specific Activities

• Reports

• Meetings & Schedules

• Preparations

• Communications

Page 34: Where Are All The Sales Hunters Oct08   Slides 1 37

Keys to Effective Recruiting

� Recruit Regularly

� Recruit Often

� Recruit Effectively

– Develop a Gigantic Candidate Pool

– Question First, Educate Later

– Use an Objective, EEOC Process

– Make the Process BEHAVIORAL

– Remove Bias--Use an Effective Test

– Use a Proven On-Boarding Process

Page 35: Where Are All The Sales Hunters Oct08   Slides 1 37

How do I Begin?

� Raise Your Expectations and COMMIT to having the Best Sales Force in Your Industry

� Adopt an Effective, Objective Sales Recruiting Process

� Use the UnCommon Sense Formula For Success to Upgrade Your Sales

� No need to re-invent the Wheel, so CHOOSE TO BE GREAT and START TODAY!!!

Page 36: Where Are All The Sales Hunters Oct08   Slides 1 37

Lost opportunities cost big money-GET STARTED TODAY!

“I don’t know anything about music, but in my line you don’t have to.” Elvis Presley

“Great Organizations demand a high level of COMMITMENT by the people involved” Bill Gates

Page 37: Where Are All The Sales Hunters Oct08   Slides 1 37

Continued Success!!!

Z3 Performance Development, Inc.

Austin, Texas

www.zthree.com