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What the best sales development organizations do right. And what the worst do wrong. CEO and founder of SalesLoft Kyle Porter

Sales Hacker Presentation Sept. 2014

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Kyle Porter's presentation for Sales Hacker Boston

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Page 1: Sales Hacker Presentation Sept. 2014

What the best sales development organizations do right.And what the worst do wrong.

CEO and founder of SalesLoft

Kyle Porter

Page 2: Sales Hacker Presentation Sept. 2014

@kyleporter#rainmakers

Page 3: Sales Hacker Presentation Sept. 2014

CEO and founder of SalesLoft

@kyleporter

Kyle Porter

Page 4: Sales Hacker Presentation Sept. 2014

CEO and founder of SalesLoft

@kyleporter

Kyle Porter

Page 5: Sales Hacker Presentation Sept. 2014

@kyleporter

RevenueA

nnua

l Rec

urri

ng R

even

ue

Months (2014)

JAN FEB MAR APR MAY JUN JUL AUG

$0

$600 K

$1.2 Million

$1.8 Million

$2.4 Million

$3 Million

Page 6: Sales Hacker Presentation Sept. 2014

@kyleporter

16-02007

Build this kind of SDR team

Page 7: Sales Hacker Presentation Sept. 2014

@kyleporter

0-162008

Not this one

Page 8: Sales Hacker Presentation Sept. 2014

@kyleporter

CLIENTS550+ Many of them

SDR TEAMS

What makes the “greats” great?What makes the “bads” bad?

Page 9: Sales Hacker Presentation Sept. 2014

@kyleporter

Treat sales development like lower class citizens.

Prioritization

No time or budget allocated to SDR team.

(BAD)

Page 10: Sales Hacker Presentation Sept. 2014

@kyleporter

SDRs are considered equal class.

SDR team is visible to CEO and executives.

Prioritization

Time and money is budgeted to the SDR team.

(GOOD)

Page 11: Sales Hacker Presentation Sept. 2014

@kyleporter

Page 12: Sales Hacker Presentation Sept. 2014

@kyleporter

Hire anyone and believe they will fit in with the team.

Hiring

Do not focus on culture.

Make exceptions just to fill seats.

(BAD)

Page 13: Sales Hacker Presentation Sept. 2014

@kyleporter

Culture as a top priority.

Hire top 1% of individuals in their field.

Hiring(GOOD)

Hire reps who can punch above their weight class and have an entrepreneurial attitude.

1%

Page 14: Sales Hacker Presentation Sept. 2014

@salesloft

positive.

supportive.

self-starting.

Page 15: Sales Hacker Presentation Sept. 2014

@kyleporter

Hire reps and let them sink or swim.

Don’t dedicate time to SDRs.

(BAD)Training & On-boarding

Don’t encourage peer interaction.

Page 16: Sales Hacker Presentation Sept. 2014

@kyleporter

1 on 1’s for one hour every week

Team environment

Training & On-boarding(GOOD)

Defined playbook for quick ramp-up time

Significant phone call role play

Page 17: Sales Hacker Presentation Sept. 2014

@kyleporter

Massive list buys

Spam blasts

Overloading transactional emails in marketing automation software

(BAD)Process

Reps with too many prospects.

Page 18: Sales Hacker Presentation Sept. 2014

@kyleporter

Find contacts from professional profiles.

Use manageable chunks of prospecting each day.

Process(GOOD)

Develop a rhythm and cadence.

Manage based on specific metrics.

Page 19: Sales Hacker Presentation Sept. 2014

@kyleporter

(BAD)Compensation

Compensate SDRs based on metrics they can’t control

Use a plan from another company without testing it

Page 20: Sales Hacker Presentation Sept. 2014

@kyleporter

Pay reps based on metrics that are super applicable to them (demos completed)

Compensation(GOOD)

Test and find the best compensation plan for your team

Be transparent with new hires

Page 21: Sales Hacker Presentation Sept. 2014

@salesloft

Questions?