Improving the Performance of your Sales Team by Sharpening their Sales Skills
Cricitical Skills for Leaders
Corporate Executives are always looking for ways to boost revenue. That usually means turning up the heat on the sales team to produce better numbers. Research shows that increasing the pressure to perform on the sales team doesn’t necessarily increase revenue. Pressure to perform might bring in a few short-term sales, but at the end of the day, customers don’t respond well when they feel pressured into buying.
If you want your sales team to produce 20% more, the question you have to ask yourself is, are they 20% better? The best sales leaders don’t only increase the pressure to perform on the sales team; they set about making the individual salesperson more effective.
Building the selling capability of your salespeople to sell and build relationships is a very effective tool for gaining competitive advantage. A well trained sales team will set you apart from most of your competitors simply because most sales organisations don’t really invest the time, effort and resources required to effectively train their sales teams.
Most companies will invest some time and resources to train their salespeople on their particular products/services. However, salespeople that rely on their product/service’s capabilities to win business will, more often than not, leave sales opportunities lying on the table.
Companies that only train their salespeople on their particular products/services leave sales opportunities lying on the table
The right sales performance improvement training, that is, sales training specific to your industry and market segment, assists salespeople to master the skills, tools and techniques, concepts and behaviours and attitudes required to enhance their persuasiveness, influencing the buyer to make purchasing decisions in your favour.
An effective sales performance improvement training program can reduce sales personnel turnover as well as enabling salespeople to:
- Understand their customer’s underlying buying motivations and maximise their effectiveness with each customer encounter
- Qualify and prioritise genuine selling opportunities more efficiently, improving the cost effectiveness of their selling activities
- Deal more effectively with customer concerns and objections
- Plan, use and manage their time more efficiently
- Maintain a positive mental attitude when things are not going their way
Salespeople who lack confidence in their ability to market your company’s products and services may experience frustration and low morale resulting in unmet sales quotas and revenue goals.
There is absolutely no substitute for a well-trained and highly motivated sales team!
Effective sales training benefits new and seasoned salespeople alike
Training is critically important for both the new and seasoned salesperson alike. Experienced sales leaders place a high premium on both product and selling skills training and purposefully design their programs to be timely, relevant, and ongoing. An effective program should:
- Train your sales team to engage new prospects and how to sell based on value without simply dropping your margin
- Train them how to effectively listen and diagnose the needs of your customers
- Train them how to effectively ask the “hard” questions up front and qualify sales opportunities so they won’t waste time and resources with prospects who can’t/won’t buy
- Engage multiple decision makers
- Train the team what to do to ensure they bring home the sale
- And much more.
There are no shortages of skills in which you could be training your sales team. Extensive research has identified the five Mission Critical Selling Skills that a sales professional must master to effectively move beyond their current limitations and to achieve your sales goals. When understood and mastered, these five skills will dramatically help you to increase your salespeople’s productivity and get them to sell more, more often.
The 5 Mission Critical Skills of Outstanding Salespeople are:
- Time and Self Management
- Business Development
- Diagnostic Acuity
- Engage All Parties
- Wrap Up
In his best selling book, The Seven Habits of Highly Effective People, Dr. Stephen Covey makes a strong case for the fundamental importance of training, or as he calls it, "sharpening the saw”. What often happens is that over time, the sales team becomes less productive because sales managers are reluctant to invest the time away from their busy schedules as well as the resources it takes to effectively train their salespeople. So train, train, train and continue to build the capability of your sales team. The result will show up in your “bottom line”.