Sales Management Training
Most business leaders don’t know how to structure their sales organizations or even themselves for maximum productivity. They don’t know how to change, adapt and re-organize for new stages of growth. That’s why they spend thousands of dollars looking for the magic secret to get their sales team to perform like champion racehorses.
I learned the secrets to building heavy-hitter sales organizations while working for billionaire businessman, Charlie Munger. I doubled the sales of the first company given to me in just 15 months. And, I doubled the company’s sales three years in a row. The lessons I learned here, I now teach to Fortune 500 corporations and other prestigious companies worldwide.
The techniques I used are remarkably simple. Here’s how I doubled the company’s sales 3 years in a row:
I put into place the policies and procedures that made every single sales representative perform like a top producer. I systematized the complete sales process. These should be normal business procedures. But 99.9% of all companies don’t do it.
Turning your sales reps into top producers
In most sales organizations, the sales are ad-hoc. Everyone’s running around doing what they think is best. And, management sets very little or no minimum standards of performance.
For example, do you have a standard for the types of accounts your salespeople should go after? I bet the answer is no!
Have you worked on this aspect of proper targeting? What are your sales representatives going to present? What are the top five strategic objectives you want to achieve from every interaction with every buyer? Have you seriously sat down and talked about that and planned that out? Did you practice it, role-play it and polish it to a fine luster?
If you want to get more appointments and double your sales, you need to keep setting higher and higher standards. You need to raise the bar on what I now call "the minimum acceptable level of performance."
Here’s how you can raise your sales organization’s minimum acceptance level of performance:
To double my client’s sales in less than 15 months, I first motivated the sales reps to go out and complete various assignments. They came back the following week and reported what happened, where they succeeded, where they failed, and where they struggled. Then, I went to work and tuned-up each subtle nuance of getting around the gatekeeper.
I meticulously worked on the exact telephone pitch to use. I discovered the five to seven elements of what would make prospects want to meet with the sales reps. I taught them three to five ways to not let prospects hang up on them. You wouldn’t believe how much I had to work on "the close" of a telephone pitch.
