Preview

Sleepless In Sales

Good Essays
Open Document
Open Document
2192 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Sleepless In Sales
Sleepless in Sales
The demand exists, the product is good, and the sales team is working harder than ever. Yet you are still losing sales. Different times require different solutions, and
B2B companies need to find them.

Sleepless in Sales

1

It’s 3:15 a.m. Awake again. My brain won’t shut off. Why are sales down? Our product is competitive, clients like it, and we’ve run all of the obligatory sales improvement programs. Maybe it’s the sales team. They keep saying it’s tough to keep up with so many customized products. If they can’t master our products, how can they sell them?
Our customers expect us to be agile and flexible. They want a better sales team—salespeople who are specialists in either the industry or our product and preferably both. They want faster responses and real information, and they want it 24-7, whether by email, instant messaging, or what … Twitter? Seriously? I’ll get the team together in the morning to figure this out. Again!

Sales is a whole new animal— especially B2B—and companies worldwide know they need to radically alter the way they operate.
If you are in sales, this fictional example of a sleepless chief sales executive should hit close to home. There is a lot of late night tossing and turning thanks to more channels, regulations, complicated products, and demands from more customers. Sales is a whole new animal—especially business-to-business (B2B) sales—and companies worldwide know they need to radically alter the way they operate. We have four suggestions to do just that (see figure 1).

Figure 1
Four strategies to address the new challenges in business-to-business sales

See your customers and prospects in new ways

Rethink your go-to-market strategy

Upgrade your sales capabilities

Change the way you interact with customers

Source: A.T. Kearney analysis

Sleepless in Sales

2

1. See Your Customers in New Ways
It is natural for salespeople to visit customers with whom they have had some success. It is also
useless.

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Recent review of the sales team, has identified inefficiencies that require attention to ensure this skilled resource is operating at peak performance. It has been noted that Customer Contact Time (CCT) is lagging and sales team members are spending too much time in the office. The sales team consists of members that have had training invested in them to pursue leads and close sales, and are often spending little time in this highly profitable area.…

    • 468 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    MBA Foundations Copy

    • 1583 Words
    • 8 Pages

    owners are in the enviable position where the demand for their product has outstripped their…

    • 1583 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    In order to better reach potential customers we will review several options in the area of marketing to determine what will work best for us. With the having our locations here in New York City, I feel more needs to be focused on sales training, which is currently at only 15%, likewise, radio advertisement which is currently at only 5% should be raised as this is perhaps one of the biggest means of getting the word out, apart from social media which could also see an increase.…

    • 792 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Unit 7 M2

    • 2288 Words
    • 10 Pages

    By this it will increase the reputation of the business and it will also increase the profit. They will also get more customers every time. This can only happen if the sales people are given training about the product knowledge.…

    • 2288 Words
    • 10 Pages
    Good Essays
  • Good Essays

    In addition, Executive Management should promise to study and then modify the sales-force management practices to more closely match the current size of the company. These changes will actively encourage the sales-force to continue providing the “industry leading” customer service they have provided, monitor very closely that none of the sales-force works any uncompensated hours, and implement both sales and non-sales time for clocking-in. Furthermore, Executive Management will provide additional training for local managers in order that they enforce these new sales-force management practices, instead of encouraging work off-the-clock as they have mistakenly done in the…

    • 669 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Sales Case Study

    • 541 Words
    • 3 Pages

    Define the sales team goals for the next 12 months. Ensure that they are SMART.…

    • 541 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    MKTG307: Sales Management

    • 3330 Words
    • 14 Pages

    Management • Sales Force Organisation • Recruiting Sales Staff • Sales Training • Leading and…

    • 3330 Words
    • 14 Pages
    Better Essays
  • Satisfactory Essays

    | With our Salespeople I would keep it fun. I would use channels of communication that show just how they contributed to our sales progress. I would push them even harder for the next quarter.…

    • 510 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The role will provide overall branch management by leading the achievement of team sales objectives and related activities to achieve a high standard of operational effectiveness, superior client experience and optimal sales performance (profitable new business acquisition and retention). This position is also responsible for the achievement of high impact service delivery across all roles within the unit, ensuring superior client care is delivered in consideration of local market conditions. This role will develop relationships with sales and service partners to ensure the operation of the unit and optimal client satisfaction. The role will also provide ongoing coaching and development of sales staff, ensuring a high level of employee capability and engagement.…

    • 1608 Words
    • 7 Pages
    Good Essays
  • Good Essays

    Hausser Food Case

    • 924 Words
    • 4 Pages

    While the sales have become stagnant, so have the selling techniques. Currently the sales representatives put in the minimal effort in order to reach sales goals and receive bonuses. With no desire to sell beyond the sales goal, the motivation in the employees has completely diminished. Not only have employees leveled their effort, but regional managers have also accepted the effect. In Florida, the sales representatives talk about how they love their district manager because he is “one of them.” Jay Boyer does not expect better performance out of his team because they are making the sales goals, which guarantees Jay his bonus. As long as the team makes the minimum goal, Jay does not see the reason to push them. The entire culture has been rewarded for simply being good enough.…

    • 924 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Verbeke, W., Dietz, B., & Verwaal, E. (2011). Drivers of sales performance: A contemporary meta-analysis. Have salespeople become knowledge brokers? Academy of Marketing Science Journal, 39(3), 407-428.…

    • 3126 Words
    • 13 Pages
    Powerful Essays
  • Better Essays

    Outstanding sales results depend on the ability to think from the customer 's point of view
, understanding the customer 's agenda, buying cycle and best interests, and beyond a superficial reading of immediate customer needs, salespeople must gain a deeper understanding of both the buyer 's long-term goals and the overall business climate. I have read that it cost more money to attract a new customer than to retain the old ones therefore, sellers use customer service differently than in the past. Follow-up calls are made to the consumer to make sure that the customer is happy with the product they purchased.…

    • 1128 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    When the sales person understands the consumer, and is able to identify where they are within the buying decision, the sales person can better take care of the customer. By leaving the customer with positive feelings in regards to the business, everybody wins. The study highlighted the…

    • 429 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    According to Rackham, Top salespeople are using a POWERFUL PROBING INVESTIGATION STRATEGY to achieve their success.…

    • 2001 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    • Firms should provide better assistance to newly accepted sales personnel that may not encounter shock in performing in the actual field. A number of trainings and screenings should be conducted in order for the firm to get the most suitable person for a job in sales therefore lessens people from quitting their jobs because of wrong expectations and knowledge about it.…

    • 824 Words
    • 4 Pages
    Good Essays