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Cadence Creating a Scalable and Sustainable Sales Development process
WITH SEAN KESTER
@TheSeanKester
HEAD OF SALES DEVELOPMENT
@TheSeanKester
@TheSeanKester
SALES DEVELOPMENT PROCESS THE APPLICATION OF RECORD FOR THE
@TheSeanKester
Fastest Growing Startup in Atlanta Top 10 Places to work in Atlanta $200k ARR in January to 3.9mm ARR in 10 months 650+ Customers, 22.5k Users 5 to 40 Employees
@TheSeanKester
@TheSeanKester
WHAT IS SALES DEVELOPMENT?
@TheSeanKester
The sales development team is the most important sales process innovation in 10 years.
“-David Cummings
@TheSeanKester
What is Sales Development?
It’s not--- Jr Sales, Farm League, a stepping stone
It is--- Its own entity, Core of revenue producing machine, Hardest working position in a Sales Organization
@TheSeanKester
SPECIALIZE YOUR SALES TEAM. THE SIMPLEST WAY USES 3 ROLES.
SDR—> CLOSER—> Customer Success
@TheSeanKester
INSIDESALES.COMUSES 14 SPECIFIC ROLES!
@TheSeanKester
INBOUND: MARKETING QUALIFIED APPTS OUTBOUND: SALES QUALIFIED APPTS CLOSERS: RUN DEMOS & CLOSE DEALS CUSTOMER SUCCESS- ONBOARD, SUPPORT, CROSS SELL/UPSELL
AT SALESLOFT WE HAVE 4
@TheSeanKester
WHO DOES SALES DEVELOPMENT REPORT TO?
Traditionally SD falls under Sales or Marketing.
-At SalesLoft we put so much emphasis on the importance of our SDR team that Sales Development has become its own department separate from Sales and Marketing.
@TheSeanKester
3 KEY’S TO SUCCESS IN SALES DEVELOPMENT
-Process -Process -Process
@TheSeanKester
THE FIRST KEY Process-
-If it cannot be measured, it cannot be duplicated
@TheSeanKester
Cadence- You have to have a process
-Cadence is the proven outreach cycle used to turn cold dark strangers into Interested Targeted Prospects. OURS IS a 7x7 METHOD of 7 TOUCHES OVER 7 DAYS.
@TheSeanKester
@TheSeanKester
-You must find what works for you and repeat it.
-It does not matter what your process is as long as it attains a predictable result that can be replicated.
CREATING A CADENCE
@TheSeanKester
CREATING A PLAYBOOK
-Who has a Sales Playbook?
@TheSeanKester
CREATING A PLAYBOOK
-Playbook = baseline process for hitting repeatable quota number
-From day one everything a rep needs to know to prospect through scheduling a demo
-Living document
@TheSeanKester
CREATING A PLAYBOOK
-All changes must be made with Data -A/B testing -First the subject line looking for open rate changes -Second the body looking for click and reply rate changes
-Must run a test for a min of 30 days. (have to have the right sample size)
@TheSeanKester
Training/On-boarding
@TheSeanKester
Training/On-boarding
-Setting Expectations -Checklist for on-boarding -Product training -30 Questions -Shadowing -Mock calls
@TheSeanKester
Weekly Coaching
@TheSeanKester
Weekly Coaching -1hr 1on1 with each rep -Numbers/ Activity -Weekly Goals/ Actionable Items -How are they feeling/Where do they want to be
-1hr with entire team -best practices -objection handling -Round table thoughts on specific content
@TheSeanKester
Career Progression
@TheSeanKester
Career Progression
-Full transparency from the interview process about progression track
-Promotion is set at a quota number (for example 270 completed = 9months at 30 demos completed)
-SDR1- SDR2- AE 1,2,3 OR Move up within SD OR move to customer success (upsell and on-board)
Benefits- Keeps rep accountable and motivated with clear vision of progression
@TheSeanKester
Compensation
@TheSeanKester
Compensation -Full transparency about all numbers and compensation
-Starts with 35k base -demos 1-30 =$70 each -demos 31-40 =$85 each -demos 41+ = $100 each
-Pay- From demo 1 with no cap
-Average rep hits 35 demos completed = 66k OTE
THANK YOU!QUESTIONS?