The Challenge
Companies and service organizations with sales/revenues up to
$25 million with one to several business development
people face a sales management challenge. Business development
people in these types of organizations are generally managed
by the owner, CEO or general manager of the organization. Unfortunately
there is a universal inability of owners/CEOs/general managers
to devote necessary time, efforts and resources to properly
manage consultative sales people. This sometimes results in
a lack of production with the immediate impact of underachieving
sales and profits and poor productivity. In many cases, these
sales people have never been properly trained and mentored.
They often lack proper motivation and sometimes feel alienated
from the rest of the company.
Consultative sales is a most challenging task under even the
most optimum of circumstances. Properly allocating time, making
calls, prospecting for new business and handling customer indecision
and rejection can frustrate even the best of salespeople. Having
a sales manager can be crucial to business development productivity,
and a sales manager/coach provides a valuable quantitative and
qualitative lifeline to the sales person. Outside intervention
by such a sales manager/coach can make an immediate impact to
revenue generation and the bottom line.
Benefits
Consultative Sales Management and Coaching is a long-term service
provided by Wolf Management Consultants based on a successful
business model. The sales management coach will talk daily to
each sales person and provide immediate feedback, answers to questions
and will assist in determining the best ways to approach potential
customers and clients. The sales manager/coach will occasionally
accompany the sales representative on sales and periodically monitor
telephone conversations to help the sales representative improve
telephone techniques.
The sales manager/coach will help in targeting, prospecting and
goal setting as will working with each sales person to set meaningful
quotas and objectives.
Finally, the sales manager/coach provides a link back to the
organization's management. By reporting results to the owner/CEO/general
manager and reporting on progress, the company's management can
impact on the sales representatives performance without having
to do the day-to-day supervision.
For the sales representative, the benefits are:
- Improved self-management
- Improved customer relations
- Increased sales productivity
- Improved communications with customers and company personnel
For the organization, the benefits are:
- Increased sales productivity
- Greater revenues and profits
- Improved morale
- Lowered turnover
Specific Services Offered
Sales Training
What are the sales training objectives
Determining the content of the training
How much and what kind of training is needed
One-on One Sales Coaching
Setting goals and targets
Estimating market potential and forecasting
Creating individual selling strategies
Assessing results
Learning to use one's time to the maximum
Performance self-assessment
Pre-Approach Mechanics
More efficient prospecting
Efficient use of the telephone
When and when not to "cold call"
Optimum use of e-mail mail and follow-up techniques
Improved techniques for qualifying leads
Developing efficient researching skills
The Sales Presentation
Developing the right sales tools
Learning adaptive selling techniques
Developing alternative presentations
Assessing customer needs
Learning how to meet objectives Closing the sale