The VP of Sales’ primary responsibility is delivering revenue, be this in the form of a hard number, growth/profit targets, and/or market share. A critical position in any company with a sales team, the VP of Sales position is notorious for high turnover, usually due to burnout or being a bad fit – there’s reason for the common saying “You’ve Got to Get Past the Carcass of Your First VP of Sales”.
Sales Result Blog
Last week on the SRi blog, we discussed Goal Setting and Planning. We presented the idea of evaluating how you currently spend your days and weeks, then setting aside time each week in order to properly plan them.
· May 12, 2016
Do you feel rushed? Overworked? Does it seem as if you never have enough time to get everything done each week? Did you answer “yes” to all or any of these questions? If, so keep reading for a few ideas on how to streamline your week and take back your time for you!
· May 5, 2016
Topics: sales management, sales planning, sales vision, sales tip, sales training, sales leadership, sales goals, sales manager, sales success, sales efficiency, sales strategy, sales team, sales organization, winning sales, sales coaching
Do you manage a team of sales reps with clear (or sometimes not-so-clear) over-performers and under-performers? Do you have a rep on your team who you wish you could duplicate? Are you able to weed the “A” players from the “C” players, and articulate why they fall in their respective categories? Simply put, are you able to define your Characteristics of Sales Excellence?
· April 27, 2016
“What we see depends mainly on what we look for.” ― John Lubbock
Are you caught in a rut? Have you grown sales to a certain level but are unable to pass this plateau? Has your Sales Organization become stagnant as it faces tough challenges from new competitors or a change in the marketplace? Your challenges are far from unique and opportunities for change are abundant with the help of a fresh perspective.
- fresh (adjective): not previously known or used; new or different.
- perspective (noun): a particular way of viewing things that depends on one’s experience and personality.
Fresh. Perspective. Two words, when combined, offer a new or different path forward that suddenly appears.
What can Fresh Perspective do for you?
Once you have determined you have a problem, the next (and perhaps most important), step is to to get to the the root of the issue through a detailed Executive Sales Discovery process. You might be asking yourself what this process looks like, and we are going to help you understand it right here.
An Executive Sales Discovery is a thorough process in which our team at SRi works with closely with your organization to quickly and accurately understand your sales needs. Through onsite meetings and interviews with the executive team, key stakeholders, sales management, sales reps, and others involved at all levels of the organization, we are able to understand the present day conditions your team faces, and get a 360-degree view of the good, the bad, and the ugly at play within your sales organization.
By analyzing these interviews and conducting intensive research, we are then able to provide a report which gives our clients a highly-customized, fresh perspective on opportunities to improve their organizations and fix tough issues that they've historically struggled with.
A fresh perspective comes from a team effort. SRi is one part of this team, but you are a critical part of the team also, as we work together for your success. The right questions must be asked, and answered honestly, in order for the Executive Sales Discovery process to be successful. SRi has extensive experience in asking these questions to shed light on your needs, (some of which you may not know exist yet!)
An Executive Sales Discovery report includes:
- A Fresh Perspective that will highlight high-level details on the current state of your sales organization
- The Top Priorities to attack, including short-term immediate fixes along with long-term solutions
- A detailed Competitive Analysis on your specific industry and the current state of the marketplace
- An understanding of your Hidden Revenue Blockers – what is keeping you from being successful
- A SWOT analysis highlighting your Strengths, Weaknesses, Opportunities and Threats
- A detailed Project Roadmap to success, and how to get there
Put SRi’s Fresh Perspective to work for you
At SRi, we pride ourselves on bringing the fresh perspective to every engagement we undertake. We have a diverse background of working in many different industries and verticals, which allows us to step in to your specific situation and have an immediate impact. We look forward to working with you on an upcoming Executive Sales Discovery, or whatever service you might need!
· April 21, 2016
At SRi, we believe a successful sales team hinges on the three “P” formula: playbook, process, people. A playbook provides best-practice messaging and strategies, a process gives guidance to efficiently turn more cold leads into closed sales, and [the right] people use the playbook and process properly, giving way to increased revenue while taking a more effective approach.
· April 5, 2016
Passion is one of the most critical elements to a salesperson’s success. The question is not whether or not passion matters (it absolutely does!), but how to ignite and maintain that passion in your sales team. There are a myriad of famous sales quotes that talk about passion and motivation, and there’s a reason for it.
· March 24, 2016
Topics: sales tip, sales training, sales goals, sales success, winning, sales playbook, sales strategy, Passion, coaching, sales team, winning sales team, sales organization, passionate sales, winning sales
Are you tired of losing to your competitors? Is there a particular competitor that you find yourself constantly coming up against? Is there a new competitor in your space that's starting to gain traction?
While every industry is obviously different and there are many factors at play when it comes to competition, such as pricing structure, client relationships, recognizable brand name, referenceable accounts, etc., there are five common reasons across the board for why certain companies continue to dominate over others.
· March 17, 2016
Topics: sales managment, Sales Process, sales planning, sales vision, selling, playbook, sales tip, sales training, sales goals, sales success, winning, sales playbook, sales strategy, sales organization
Political stances aside, we can all agree on one thing when it comes to the 2016 presidential elections, which is the power that lies in changing the game.
· March 3, 2016
The sales funnel is a valuable visualization tool that depicts the progress of sales opportunities as they narrow down to new customers. It provides a transparent view of all leads available to the sales team and how they are being managed as they move throughout your sales process. In order to be effective, regular sales funnel reviews are necessary, and should be done on a regular basis; monthly beween Sales Operations and the VP of Sales, quarterly between VP of Sales and CEO, and annually with company leadership/board/shareholders.
· February 24, 2016