C-Level Selling and Advanced Selling Skills
Sales Management Training
Managing Lead Generation / Sales Prospecting
Part I, Active Networking
For salespeople to be effective lead
generators, they must have both active and passive marketing
programs. Now (1) their marketing program must be their own --
not the company’s (although the two can be in sync with each
other), and (2) they will do both, halfheartedly or not at all
unless you the sales manager shows them how and holds them
accountable. Accountability means setting goals, actions and
measurements. Then, review progress on a regular schedule to
give meaningful feedback and motivation to reach agreed-upon
metrics.
So here are some sales management training
tips for managing an Active Lead Generation Process.
Active marketing is networking (a) up and out
within existing accounts, (b) into competitors’ and lost
accounts, and (c) new markets.
For existing accounts do your sales people
have 100% of their existing accounts’ business?
Do your sales people what it will take to steal accounts
from your competitors? Do your sales people have a method to
introduce and integrate your products into new markets?
Probably not.
Now, the easiest way to get more business is
to spread like a virus through all accounts,
focusing on eventually
getting to the C-level and/or profit center leaders and their
immediate staffs. Your goal as a manager is to keep them focused
on connecting with more and more people to learn their problems
and potential opportunities that relate to your solutions
portfolio. Then, with their gleaned knowledge, develop
suggestions and strategies that these leaders find helpful. Try
not to concentrate at first on the purchase, but rather on
learning and then their buy-in to your suggestions. Learning
their thinking will show what it will take to get buy-in.
With buy-in comes support, and with support comes
networking to those with the power to mandate changes, create
budgets and to authorize purchases.
If your sales people stick with their one or
two main contacts, their ability to discover opportunities and
make suggestions that lead to purchases is severely limited.
Therefore, you must insist upon an Executive Relationship Chart.
The elements of such a tool include:
-
Who are all (up and out) involved people
by name and title in that organization?
-
The powerful -- C-Level, Profit
Center Leaders and their immediate staffs.
-
The influential, the functional and
the impacted.
-
The administrators -- purchasing
agents spec writers, engineers, and controllers.
-
Where does your sales person rank on the
credibility pyramid for each of these people -- 1-low to 6-a
resource/consultant?
-
What actions is each taking to improve
his or her position with each decision maker?
-
When will these actions be completed, and
-
How will you know it's complete and how
will you measure it?
Obviously, if your salespeople are a 5 to 6 on the credibility pyramid with the powerful, they
will have access to new opportunities, which they have helped
create. Conversely, if they are stuck with low-level
administrators and functional people, they will be just another
one of the bunch of competitors.
Your job for helping your people create
quality leads is to keep them networking, learning from each
individual and offering-up ideas. This process will take time,
but once it catches-on, it will produce an ongoing flow of leads
from new divisions, for new products, and more and more. This
applies to existing and lost customers, competitors’ accounts,
and new markets as well. My rule is 50% of sales people's
prospecting time should be spent on existing accounts, 30% on
lost and competitors’ accounts where they have contacts, and 20%
in those accounts where they have no contacts.
So start creating Executive Relationship
Charts for each of your existing accounts and those accounts you
would like to penetrate. These charts will yield your networking
plans and the actions your people will take to improve their
credibility with the powerful and influential. From these
actions will emanate the leads that generate sales.
However, I guarantee your people will not do
this without your pressure and your help.
Look for Part II – Passive Marketing Article
And now I invite you to learn more.
Bonus Tip: FREE E-Book
“Getting Past Gatekeepers and Handling Blockers”.
Just click this
C-Level Relationship Selling Link
.
Sam Manfer delivers
key note speeches
and in-depth
selling work shops
for those
anxious to increase sales. His hands-on coaching turns
individuals and sales organizations into selling whirlwinds.
Sam’s selling awards and $ Million sales recognitions support his
methods. His book,
TAKE ME
TO YOUR LEADER$ along with his
Matching
Chemistry’s
CD and sales seminars replace selling myths and clichés that
frustrate decision makers with a proven approach that captures
their attention. Follow
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