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The Six Levels of Managing Sales Performance
Matt Heinz
President, Heinz Marketing Inc
@heinzmarketing
Starting Points
1. Do you have a defined sales process?
2. Do you have defined sales stages?
3. Are you measuring everything?
4. Is that measurement centralized, consistent and transparent?
5. Are you meeting regularly with each sales rep?
6. Are goals and expectations clear?
Bottoms-Up Sales Management
1. Closed business
2. Pipeline
3. Pipeline make-up
4. Pipeline activity
5. Leads
6. Activities
Closed business
1. Quota vs goal
2. Average sales price
3. Customer satisfaction ratings
4. Sales experience rating
Pipeline
1. Closeable business
2. Close rate accuracy
3. Definition too wide or too narrow?
4. Qualification and urgency drivers
Pipeline Make-Up
1. Size of deals
2. Type of deals (i.e. one-time vs. recurring)
3. Focus verticals
4. Decision makers involved
5. Payment terms
Pipeline Activity
1. Demos
2. Proposals
3. Explicit next steps
4. Follow up activity
Leads
1. How many
2. Quality
3. Opportunity conversion
4. Inbound vs. cold calling
Activities
1. Cold calling
2. Networking
3. Referrals
4. Lead follow-up
5. Dials & talk-time
6. Five-minute calls
Making It Happen
1. Weekly 1:1 meetings
2. Metrics-based
3. Follow the funnel1. Bottoms-up
2. Where do you need help?
4. Clear expectations
Six ways to get reps back above quota
1. Focus on the numbers
2. Focus on what they can control
3. Compare habits & performance measures
4. Peer shadowing
5. Deal walkthroughs
6. Evaluate effort, attitude and drive
Eight more ways to get reps back above quota
1. Friendly competition among reps
2. Comp plan that requires consistent performance
3. Check for personal issues
4. Longer-period contests contingent on quotas
5. Back to basics (Attitude, Focus, Activity, Skills)
6. Watch the video tape
7. Put them on a plan
8. Did you add too much process?
Questions?