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Are you aware of how buying personalities influence the negotiation process? And that each different personality changes the direction of your negotiation process? In this episode of the Sales Reinvented Podcast, Sonia Dumas joins me to talk about how buying personalities influence negotiations.
Sonia Dumas is the Financial Sales Expert with The Sales Experts Channel, a Cryptocurrency Strategist, and a Certified & Licensed B.A.N.K® Trainer. Sonia emphasizes the importance of understanding buying personalities and personality science in the sales negotiation process. Don’t miss her unique insight!
Outline of This EpisodeSalespeople don’t love negotiation because they have to do elevator pitches, create countless proposals, answer endless questions in endless meetings, create marketing campaigns, and can chase down indecisive prospects for months. Sonia points out that instead of trying to find new sales tactics, you should focus on fixing your mindset.
What if salespeople stopped calling it ‘sales’ and started calling it ‘influence’? Wouldn’t everyone like to be more influential with their company, clients, prospects, and network? Influence isn’t just a sales tactic, but the fastest path to cash. Sonia also points out that the most effective way to be influential is to know how your clients and prospects make emotional buying decisions.
Determining buying personalities should be your FIRST stepSonia is all about making complex situations simple. Figuring out your prospects ‘buying personality’ or ‘buying code’ should be your first step—that you complete well in advance. There are four main buying personalities: assertive, amiable, expressive, and analytical. It’s far easier to influence people who make buying decisions just like we do.
However, you must strive to understand the buying language of the other personalities. Once you understand their buying personalities, you can create an agenda and presentation to match their buying personality. You must focus on what’s important to them and tailor thenegotiation to what they need to know AND what they want to hear. This is Sonia’s #1 suggestion to shorten the cycle and get to more yeses.
How can you determine a prospect’s buying personality? Sonia shares that ‘Crack my Code’ is what she uses to quickly determine buying personalities. A simple 90-second process for the prospect can change the way you negotiate.
Sonia’s simple 5-step negotiation processThis is the typical strategy that Sonia follows to prepare and execute a negotiation:
Per Sonia: “On some deep emotional level a prospect has already said yes to meeting you, yes to reviewing your information, they’ve said yes to involving other stakeholders, yes to revealing their buying code, yes to their emails and the phone calls you’ve made up until now...You have more yeses on your side than you do nos.”
Implementing a strategy based on their buying personality sets you up to create a relationship with a prospect—the revenue will follow.
Communicate confidence in your products and servicesAs Sonia shared her lists of ‘dos and don’ts’ she emphasized that you must not come across as needy, desperate, or inferior (or what is referred to as “commission breath”). Prospects can sense that you NEED their business—which gives them the power and leverage in the negotiation. Instead, you must communicate confidence and level the playing field.
Sonia implores you to focus the conversation with their buying personality in mind. Focus on what is high-value to them while also communicating confidence in your own products and services. They need to understand the massive value that you bring to the table. Providing them with a transformative negotiation experience will be a gamechanger.
Listen to the whole episode for our in-depth discussion on buying personalities, the negotiation process, and Sonia’s favorite negotiation story.
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Negotiation preparation contributes to 90% of the success of a negotiation, according to Scott Chepow, today’s guest on the Sales Reinvented Podcast. The better prepared you are before the negotiation commences, the smoother the process will be, and the likelihood of a successful outcome is far higher. To hear more of Scott’s thoughts on negotiation, listen to the whole episode!
Scott Chepow is the Senior Vice President of Engagement Strategy for The Gap Partnership in North America. He works with some of the world’s largest organizations to help them create incremental value through negotiation. His 20+ years of experience in the industry is a welcome addition to this podcast. Don’t miss his take on the negotiation process!
Outline of This EpisodeNegotiation in its simplest form can be described as a buyer wanting to buy and a seller wanting to sell. But Scott points out that it’s far more complex. According to him, negotiation “Orchestrates the creation of value for your organization beyond the sale of your products and services.”
Every organization has its own priorities—such as capturing more pricing or increasing distribution—that goes beyond the role of price within a construct of a sale. Businesses work diligently to define their drivers and set their priorities. Scott emphasizes that “The ability to negotiate within those drivers to achieve those goals is paramount.”
Negotiation can be uncomfortableMany salespeople dislike the negotiation process because it’s uncomfortable. So they seek to alleviate that discomfort by rushing through the process. But in reality, the best way to overcome that discomfort is to embrace it: get comfortable being uncomfortable. A negotiation will never go smoothly, so you need to understand the risks that may arise.
You can mitigate or even prevent those risks with proper negotiation preparation. 90% of the process is strategic preparation for the negotiation. The other 10% is execution and how you behave in the room. To strategically prepare you must understand the people, the nature of the relationships, and the balance of power. Want to hear more? Keep listening!
Negotiation preparation allows you to adapt your skillsetScott references 14 essential behaviors of a negotiator that you should master. One of them is learning to think clearly and manage discomfort. If you master those skills, you can adapt to any negotiation you walk into. But that takes preparation, research, practice, and learning to understand the variables at play.
What’s important to you? What’s important to your counterparty? What are their pressures and priorities? You have to plan which direction you’ll take when things go wrong. If you have an action plan in place when variables DO arise, you know what to do and are confident that you’re prepared to deal with any realities that arise.
Model the appropriate behaviors during the negotiation processAs you’re engaging in negotiation preparation, you must understand what type of negotiation you’re walking into and subsequently exhibit the appropriate behaviors. Scott states there are 8 fundamental types of negotiation and uses a clock face to demonstrate: As you work your way from 12-6 on the clock face you’re either bartering, haggling/bidding, hard bargaining, or dealing.
As you move further around the clock, the relationship deepens as you work through concession trading, finding a win-win, focusing on joint problem-solving, and building a relationship. Different factors dictate where you are on the clock face.
The level of dependency between the parties, the length and strength of the relationship, the level of trust, and how many variables are at play all move you further around that clock. If you’re in the haggling/bidding phase your behavior tends to be more aggressive, cold-hard, and dismissive. Scott points out that this is likely to be a one-off transaction.
However, if you’re in the “win-win” phase you are looking to be cooperative, collaborative, honest, open, and flexible. This is when you want to deepen the relationship and find a profitable and sustainable deal for both parties.
To hear more about this process, the importance of negotiation preparation, and Scott’s favorite negotiation story—listen to the whole episode now!
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Do you possess an adequate level of self-awareness? Can you accurately pinpoint where you are weak or could use improvement? Today’s guest on the podcast, Bob Apollo, believes that you must be self-aware to grow and improve—and become more productive. Listen to this episode for an in-depth analysis of productivity and what can help set you apart in the sales world.
Bob founded Inflexion-Point—a UK-based B2B sales effectiveness consultant group—15 years ago and has a strong global footprint. He is an advocate for creating customer-value throughout every transaction. As an expert in the industry, we are fortunate to have him share that expertise in this episode of Sales Reinvented.
Outline of This EpisodeThere are a couple of personality attributes and characteristics that are important to productivity, but Bob points out that cultivating self-awareness is up there at the top. You need to be aware of what you’re doing and the impact and effectiveness of your actions. Without self-awareness, you won’t know what to change and improve.
It is the building block to effectiveness. Once you’re self-aware you can pinpoint your struggles and your weak points and develop a strategy to improve them. You can learn what works and what doesn’t. Self-aware salespeople are more likely to learn from others and grasp new concepts.
The right CRM can make a world of differenceBob points out what many salespeople feel: the user experience and ROI of a CRM can be pretty disappointing. The vast majority of conventional CRM solutions are built around an administrative metaphor and record activities after the event. They offer no real sense of guiding the salesperson.
There are many plugins available that try and rectify some of the issues but very few CRM’s that have adjusted. Bob recommends that if you feel your CRM isn’t delivering value, lobby for something better. There are options out there that may be better for you and your sales team—don’t be afraid to push your company for something better.
The ability to learn is a key indicator of successBob believes that one of the best things you can do to improve yourself is to model your behavior after the most successful salesperson in your company. You must be willing to share your successes and failures with the team. The more successful your team is, the more profitable your business can be. Embrace the idea of collective learning.
But you must also embrace taking responsibility for your personal development. Don’t wait for your company to train you or blame them for your lack of knowledge. You alone are the master of your own destiny, so you must plan accordingly. One way you can do that is by setting up a professional development plan so you remain relevant and successful.
Some tips and strategies to increase productivityBob gave us some tips that are too valuable not to share:
Listen to the whole episode as we talk about eliminating sources of error, the greatest productivity challenge Bob has faced, and take a deep-dive into productivity.
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Time management is something most people struggle with and salespeople are no exception. It can have a huge impact on productivity—so how do you manage your time effectively? How do you become more efficient and productive in the time that you do have? Mark Sellers joins Paul in this episode to share his take—don’t miss it!
Mark Sellers is the Managing Partner and Founder of Breakthrough Sales Performance—which has been operating for 24 years. He is the author of two books, ‘The Funnel Principle’ and ‘Blindspots: The Hidden Killer of Sales Coaching’. He is an executive coach who consults with small to medium-sized businesses to help them improve their sales. Listen to this episode of Sales Reinvented for his insights on productivity.
Outline of This EpisodeAccording to Mark, productivity is measured by the function of energy multiplied by the task at hand. In other words, how long does it take you to complete a task? You’re more productive if you get things done in a shorter length of time. But time seems to be what all salespeople are short on—so the goal is to become more efficient with the time you do have.
Mark points out that one way to achieve efficiency is by only investing your time in qualified leads. You can’t continue chasing deals that are dead. You must also prioritize the things that move the needle on sales and achieving quota and everything else is secondary.
Sales managers need to focus on tracking what is measurable—which is why there is such an emphasis on goals, quota, etc. Mark is happy as long as he can see progress is being made towards a goal. But as a manager, you must know how many ‘calories’ your salespeople are burning to reach a goal. If they’re being inefficient, you can help coach them to be more productive and focus on priorities.
Mark’s tactics to improve productivitySalespeople need to stop running and reacting—if they can’t sustain their activity level it will catch up to them. To change, they need to plan better. Mark shared some cool strategies:
Be sure to listen to hear our in-depth discussion of these topics.
The attributes a salesperson should haveMark believes the key to being a great salesperson, in general, is having a good vision. What you’re doing in pursuit of the vision will always move you in the right direction. You simply build your priorities around that vision and pursue them relentlessly.
A salesperson must also know where they’re going to spend their energy, both personally and professionally. They have to have the ability to discern what to say no to and what opportunities to embrace. You can’t be successful if you say ‘yes’ to everything and end up burned out.
Mark’s tips and tricks to master time-managementMark has learned a few tricks along the way that he shares in this episode that can help you maximize your time:
Listen to the whole episode for an in-depth discussion on productivity, to hear about how Mark wrote his books, and the best way to knock out tasks.
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According to Steve Hall, a customer-centric culture boosts productivity because you are able to focus on the right things. It isn’t about you, your sales goals, or your product—but about connecting with and understanding your customers and offering them something of value.
Steve is a “C” level sales expert, a member of the Sales Experts Channel, and the Managing Director at Executive Sales Coaching in Sydney, Australia. He likes to categorize himself as a corporate storyteller who can help companies craft a compelling narrative. Don’t miss this engaging episode of Sales Reinvented!
Outline of This EpisodeSales professionals are judged by their results. They need the ability to achieve more with the same or less effort while reaching their short and long-term goals. Steve believes salespeople aren’t productive because things are structured incorrectly on an organizational level.
Sales teams are expected to do many tasks that could be delegated elsewhere. They’re prospecting, wooing the clients, and expected to close the deal—with all the administrative tasks tossed in. This is something that organizations can focus on changing.
A customer-centric culture boosts productivitySteve points out that most companies overemphasize doing more activity while still expecting quality work. Those two things don’t typically go hand-in-hand. Instead, Steve believes productivity is better served by better understanding your customers. Sales professionals need to be passionate about helping their customers succeed.
If you learn to see things from the customer’s perspective and understand the needs of their business you’re more apt to close the deal. Steve stated, “Rather than have product knowledge, have problem knowledge”. Educate yourself on your client’s business—commit to offering them value. Be nice, be genuine, and help your client succeed. That is the whole goal of productivity.
Steve’s tools and tactics that make an impactSteve said to invest in things such as sales navigator and a simple CRM, but that his methods to increase productivity are more strategic. Here are a few thoughts he suggests:
You need to focus on what’s important and not activity for activities sake. Listen to the whole episode for more suggestions.
Try team-based marketing and salesSteve is an advocate for people to work as a team. Most companies have salespeople who work as individuals, with individual targets and goals. They’re less motivated to help their team because it’s every man for himself. But you don’t work in a vacuum. According to Steve, when people don’t work together it’s a “hammer to productivity”.
He had a client who decided to build their company with a team-based marketing department. They set team quotas and goals. Anytime there was a challenge to overcome, everyone jumped in to lend a hand. This particular company increased its sales by 35% that year. The next year they increased sales by 50%. They now own 75% of the market share in their area.
The moral of the story is that companies need to create an environment that encourages team collaboration and productivity and a customer central culture. They need people who are focused on doing the very best they can for their customers.
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Salespeople are taught that it’s all about closing the deal. That it’s all about connecting with prospects and pushing them down the sales funnel. Today’s guest, Ian Moyse, points out that spending time on closing the deal may not always be in your best interest. Listen to this episode of Sales Reinvented to find out why.
Ian Moyse is the EMEA Sales Director at Natterbox and an expert in telephony. He is known as a cloud social influencer. Thinkers360 recognized him as one of the top 100 #B2B Thought Leader and Influencers to Follow in 2020. He’s also a panelist on the sales expert channel, was awarded the prestigious UK Sales Director of the year award, and is one of the top sales experts.
Outline of This EpisodeIan states that “Productivity is about doing the right thing, not just doing something”. It’s about hitting the results, not the metrics. Ian’s definition of productivity is doing the right things in the most efficient manner to secure a sale. There is too much focus on pure activity. Sales leaders want to push their reps to make more calls and force more connections. But more activity doesn’t equal qualified leads.
They’re also focusing on the wrong activities. Sales leaders want their rep to make a hundred calls to get 50 connections to get 5 leads—but what if a rep could make 50 calls to get 10 connections and 5 leads? The focus needs to be moved from ‘more’ activity to connecting with the right people.
The level of activity needs to be different for every rep. Some reps need 20 visits to get 5 sales—others only need 10 visits a month. Each salesperson is an individual and needs to be treated as such. Everyone’s personalities and strategies are different, so we can’t hold them all to the same strategies and expect the same results.
Be willing to switch your preferred mode of communicationIan points out that we need to take a step back and think about the fact that we all block calls and filter emails. Most people won’t answer a phone call with a number they don’t recognize or respond to an email from someone they don’t know. And while email seems to be the preferred mode of communication, it can leave a lot open to interpretation. You cannot properly understand someone’s tone and verbal cues through a written message—but you can with a phone call.
It can also take 5 days of email communication to knock out what could be covered in an hour-long call. Ian states that you must be willing to switch modes of communication based on the information you need or the topic being covered. Email is more of a communication dialogue while a phone call is more conversational. You must keep in mind the differences between them.
When productivity = NOT closing the dealProductivity is about getting to the end result in the most effective and appropriate manner for your company and the client. The end result is not always a sale. Finding out that a potential customer is not a good fit still being productive because you’re reducing time spent on something that won’t achieve the desired outcome—a sale.
Ian points out that sales reps need to learn multi-level questioning while actively listening. Taking a deep-dive with a potential client on the front end and listening to their needs will move you towards the desired outcome, or help you disqualify them. Ian believes many salespeople are so bent on closing the deal that they ignore key disqualifiers.
A great salesperson has to learn how to see those red flags and make hard decisions early. The amount of time you could spend on large bids will eat away at your productivity. Bring in your sales group and management to give a listening ear and let the bid go if it isn’t a good fit. You don’t want to waste your resources.
Proper Planning Prevents Poor PerformanceAccording to Ian, this mantra can save you a lot of headaches and give you better odds of closing a sale. He points out one way to put this into play: make a cold call a warm call. He suggests doing that by researching the person in advance. Learn facts about his or her business and different angles you can use to connect with them. You may not use all the information, but you are better informed and prepared.
He has another mantra closely tied to the first: Plan, Prioritize, and Push aside. You need to plan for your day ahead of time, schedule and time-block key things that need to get done. Then you must prioritize those things and push aside interruptions and distractions. If you qualify what needs to be done now, it’s easier to focus on the tasks at hand.
Listen to the whole episode for Ian’s thoughts on productivity, his ‘Ninja inbox’ strategy, and more.
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Better sales engagement is what drives sales, but many salespeople are fumbling with the concept. Sales engagement platforms give you the confidence to follow-up with leads and help guide your conversations with prospects. Many salespeople aren’t utilizing a sales engagement platform—but according to today’s guest, Darryl Praill, it’s absolutely necessary.
Darryl Praill is the Chief Marketing Officer of VanillaSoft and is a marketing executive with over 25 years of experience in the industry. He excels with B2B marketing, is passionate about mentoring, and loves viewing obstacles as challenges. Listen to this episode for his rapid-fire advice.
Outline of This EpisodeAccording to Darryl, productivity is doing what you say you’re going to do, in the timelines you’ve committed to, at the activity levels necessary to achieve your goals. While Darryl admits that it’s a cliche—sales IS a numbers game. You need to operate with the right frequency, cadence and activity levels.
Most often, sales professionals struggle to be productive because they don’t plan. They struggle to manage their calendar. Darryl implores sales professionals to block time on their calendar and protect those time slots as if your life depends on it.
He also recommends knowing your targets—to define your target and chase it relentlessly. You have to know your product inside and out, typical objections, and be able to explain why what you’re offering matters to your target.
The 5 attributes of a productive salespersonDarryl believes the top-performing sales professionals embody some of these traits—If they don’t, they’re working hard to develop them:
Darryl is the CMO of VanillaSoft, a leading sales engagement platform. He points out that you don’t necessarily have to use VanillaSoft, but emphasizes that a sales engagement platform is something you need to invest in. It helps feed you the right leads so you can call (or connect) at the right time using the right channels.
He notes that 48% of leads never get called, and if they are called usually only 2-3 attempts are made. Many salespeople wait 36-63 hours before calling a lead. All of these errors kill the ability to develop leads.
Darryl recommends using a sales engagement platform, because it “bridges the gap between marketing automation and CRM software”. It can help you improve your interaction with your prospects and increase close rates. They serve you the best lead and help you qualify and triple your pipeline.
Learn to eliminate what distracts youDarryl admits that productivity doesn’t come easily to him. Just like many others, he’s apt to get easily distracted by social interaction and technology. The few times he’s consistently kicked butt, he’s bent on being hyper-focused. He locks his door and refuses to leave until he gets the task done. Each step he takes he sees himself progressing against his goal. As he gets closer to reaching said goal he becomes more confident. Having that one productive day amplifies his entire week.
Darryl also recommends scheduling important activities during times when you’re at your best. He’s not a morning person and works best in the afternoons. You can’t work well when you’re tired, hungry, fuzzy-headed, etc. Above all, don’t avoid doing the work that you dislike. Instead, focus on improving it. Listen to the whole episode for his recommendations in detail!
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Staying productive is an ever-evolving problem as a sales professional—but leveraging the power of referrals could help. Salespeople wear many hats: they prospect, write proposals, work with internal teams, handle customers, and more. Utilizing any tactic to help smooth the process can be a gamechanger. In this episode of Sales Reinvented, Joanne Black joins Paul to share her take.
Joanne Black founded No More Cold Calling 23 years ago and has been helping sales leaders drive revenue for their teams ever since. She is a referral consultant, speaker, and author of multiple books on sales. Her goal is to help sales professionals ensure qualified pipeline leads and shorten prospecting time and increase close rate.
Outline of This EpisodeJoanne doesn’t mince words—she believes many sales professionals are lazy and lack discipline. She notes that salespeople do everything they can to avoid prospecting and connecting with customers. Salespeople resist CRM and systems because it is more work. It’s expected that marketing will source and send leads down the pipeline.
But sales professionals are accountable for what they produce. They must take a long hard look at their behaviors and systems in place. Society as a whole wants the end results without the work that goes with it. Sales professionals must work hard to overcome the preconception that people have that they’re lazy. That starts by learning to be disciplined and staying accountable.
Do what’s “closest to cash” every dayJoanne’s mantra is “do what’s closest to cash every day”. What do you have to do to move things along and meet your quota? Is it writing a proposal? Do you have to corral a team and strategize? She points out that your job is all about prospecting and proposal writing—and whatever it takes to move forward.
To stay focused, you must prioritize and time-block what’s important. Limit how often you’re checking email and don’t get lost in the social media time-suck. She also recommends exercising and eating healthy. If you are tired and unfocused, you won’t be able to do your best work.
STOP cold-calling and embrace referralsAccording to Joanne, it takes at least 8 touches to reach someone with cold calling. But if you get a referral? It’s one phone call and you’re in a conversation with someone who wants to speak with you. Her #1 recommendation to be more productive is to STOP cold calling and embrace referrals.
This allows you to spend less time prospecting, shortens the sales process, and helps your conversion rates soar to over 70%. How? Trust. When a client refers someone to you, they have already forged a level of trust with that person. That bond of trust gets transferred to you and completely changes the conversation you have.
Focus on what customers are saying (or NOT saying)Joanne believes many salespeople are so bent on “doing” that they don’t think to ask what customers actually need. Every customer needs and wants different things and you can’t assume you know what those needs are without listening first. Joanne believes, “Every individual has a different need to know at a different time”. It’s your job to find out what that need is and provide a solution.
You also need to be able to know when a client is giving you the brush-off—by understanding their silence. Joanne worked for a company that was contacted to submit a proposal for what would have been a million-dollar deal. They were looking for some advanced sales training and their current vendor didn’t offer what they needed. But her contact gave her the runaround and Joanne ended up losing the deal.
The constant stalling and dodging of calls was a red-flag that Joanne missed. Be sure you’re paying attention to a potential client to get a concrete answer—”maybe” or “not sure” isn’t good enough. Getting a concrete “yes” or “no” will keep you from wasting your time and lead to more productivity. Listen to the whole episode for all of Joanne’s strategies to stay productive!
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Communication skills are necessary across all job fields, but Anthony Solimini adamantly emphasizes its usefulness in sales. You must be able to connect with prospects on a relational level. You need to effectively communicate the desired outcome of meetings. Above all, a salesperson must be able to ask for the sale. The foundation of a sales professional’s job must be excellent communication skills. According to Anthony, it separates the winners from the “averagers”.
Anthony Solimini has worked internationally in London, Singapore, Bangkok, and Hong Kong in banking and sales. He is currently the Business Development Advisor at CSI Financial Group and starting his own training business—AGS training. He is the author of multiple books on sales and enjoys putting his comedic skills to good use on the side. He shares his expertise in this episode of Sales Reinvented. Be sure to listen!
Outline of This EpisodeWhen Anthony was in banking in Singapore, he was told by his boss that he needed to double the number of meetings he was having weekly to increase his sales. When he did so, his sales plummeted even more. What he learned was that doing more of the wrong thing makes you less successful—and less productive.
Salespeople are often numbers-focused. They assume that if they schedule more meetings, make more phone calls, and get in front of more people that it equates to more sales. Anthony points out the error in this thinking and iterates that it’s about quality, not quantity. If you have fewer—but more focused—meetings you will have a higher closing percentage.
He also notes that salespeople need to be in front of the right people who have a want, need, or desire for the product or service they’re selling. If they don’t, they are taking advantage of your time and expertise to gain information or knowledge. Don’t fall into this trap.
Salespeople need to have excellent communication skills—and confidenceAccording to Anthony, salespeople need to be laser-focused on what they want to achieve. They should go into every meeting confidently, with the ability to take control of the situation. A good salesperson should walk into a meeting with an agenda and a specific outcome they're hoping for and be able to openly communicate that to their prospect.
Anthony points out that most top-performers are great communicators. They have the ability to build a relationship based on trust with their prospects. They show that they aren’t just there to make a sale and move on. A good communicator can present their pitch in a style that makes the other person feel comfortable.
Anthony knows that young up-and-comers in the sales world don’t immediately embody confidence. It takes time to become proficient at what you do. You’ll fail and learn from those failures. He believes that you can rely on the confidence your company has built—that it can come from the organization until you feel confident and prepared.
Set the scene for your meetingToo often, sales professionals are laser-focused on their presentation and closing the deal that they forget about the human element. Anthony believes it is important to do your research—learn as much as you can about your prospect before you show up to that first meeting. Adding a personal touch is a means of differentiating yourself from everyone else pitching to them.
Go into the meeting and set your agenda: clearly state what you’re going to talk about and what your desired outcome for the meeting is. Anthony believes that “The sales process is 70% setting the scene and 30% closing”. After you set the scene you must adapt to your audience, listen and learn, evaluate and explain—only then do you sign and seal the deal (His SALES acronym).
Anthony shares his basic methodology in this episode, but you can get full details by reading his book that’s listed in the resources below.
Stop filling your pipeline with suspects instead of prospectsAnthony inherited an account from his boss—an account that his boss had been trying to close for 2 long years. His company had been courting this person by taking them golfing, paying for elaborate dinners, and giving away tickets to sporting events. Anthony was fed up with this prospect. He was flying every time he met with him and it had gone on far too long.
He finally switched tactics. The next time he met with the prospect, he prepared a summary of the last two years. At the end of his presentation, he said “I get the feeling you will never do business with us” and succinctly stated it was time to stop wasting each other's time. The prospect conceded that he wouldn’t be doing business with them.
When asked why he didn’t tell them sooner, his response was a simple shrug—“no one ever asked”. Anthony’s company had wasted years on this prospect when they could’ve spent 20 minutes discovering the reasons they could never do business together. The potential client would never ruin the relationship with all of the FREE stuff he was getting!
From there on out, Anthony adopted a new policy: He would meet with a prospect a maximum of 4 times (if they sale was under a million dollars) and then ask for a yes or a no. Salespeople sometimes forget that even if they get a no, they are still closing the deal and can move on to someone who does want their business.
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It’s a day and age where accountability is key to obtaining results, but seldom put into play. According to Kristie Jones, productivity is the ability to identify and execute on tasks that will result in providing the highest value outcome from that task. But you must hold yourself accountable to the goals you’ve set—and the quotas your company sets. Kristie joins Paul to share her thoughts on how sales professionals can become more effective in their roles.
Kristie has over 15 years of experience in SaaS management with expertise in training and coaching. In 2016 she founded the Sales Acceleration Group, which specializes in helping small and mid-size businesses increase their revenue. Kristie believes many sales professionals struggle to meet their quotas because they aren’t held accountable to their goals. Listen to this episode of Sales Reinvented to learn strategies to become a more productive salesperson.
Outline of This EpisodeKristie notes that productivity is a blend of art and math. You need to understand your sales math and what exactly it takes to hit your quota. If you don’t know what it looks like to reach your goals, how do you know you’re doing what it takes to make quotas? Kristie points out that you must know how many prospects you need in your pipeline at any given time.
You also need to know what your Ideal Customer Profile (ICP) is. Wasting your time talking to the wrong people with the wrong businesses will halt your productivity. She recommends learning your niche—your specific region, industry, persona, etc. Once you’ve done these two things, you’ve laid the groundwork to improve productivity.
3 ways to stay accountable to your goalsKristie sees a shortcoming in the industry where sales leaders are not holding their reps accountable. It’s becoming a rampant cultural problem. Sales leaders need to understand their reps’ sales math and ICP. If they know this, they can track if their reps are on target to hit their goals. If they’re behind, they can step in and provide support and guidance.
But they also need to set meaningful expectations on the front end. So how do they accomplish that?
Discipline is a character trait that nearly every guest on the show points out as an attribute a sales professional must have. Kristie also believes that past success is an indicator of future success. It’s one reason why she likes to hire former athletes—she knows they have drive and discipline. They have grit, determination, and understand the concept of hard work to reach goals.
Kristie loves people who have a system in place. People who’ve done their due diligence and have nailed down a strategy that works for them to be productive. She knew a young rep who came in and did prospecting every day from 9–11:30 am, without fail. She refused to let deal prospects creep into her morning and was fiercely protective of that time. Anything else that needed to be done would land in her afternoons.
It’s all about finding a formula that works for you and staying consistent with it. Keep listening to hear Kristie and Paul discuss the mentality that athletes encompass that makes them ideal reps in the world of sales.
Consistency and accountability go hand-in-handKristie has found—both personally and professionally—that developing consistent (good) habits will yield more positive results. When you do the same thing every day, you begin to form habits. She believes you must hold yourself accountable to the structure that you’ve created for yourself.
Kristie was unexpectedly let go from a job she loved, and what she did next is what got her into her next job. She set up a home office and got up every day and spent her morning prospecting for jobs. She’d workout over lunch to get over the midday hump, then spent a couple more hours job-searching.
She set up networking meetings, sent out resumes, and watched webinars to continue learning and growing. She treated finding a job like it was her full-time job. After two and a half months of hard work and consistency, she landed her next job. She believes if she hadn’t kept herself accountable and followed a structured schedule her story might’ve ended quite a bit differently.
Listen to the whole episode for her top 3 dos and don’ts and more strategies to improve productivity!
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