The
first 50 days is an opportunity for the sales person to establish the base for
him/her to become the star sales performer over a period of time
Watch the summary of this article
Importance of Sales function & Sales team in any organization
There is an
old saying…..everybody is a salesperson because they SALE their point-of-view
to get their job done…..convince their way to what they want….NO….ITS NOT
SALES….Sales is much bigger than that and have for more cascading effect. Such
is the effect of sales function that corporate leaders have gone ahead &
requested employees from all departments in the organization to show traits of
sales team..👍😵
If we look
@ the universe of Marketing & Sales personnel in Indian Market, a whooping
more than 90% are in sales. If we go down to the management institutes across
India…(there are roughly around 4500 in numbers)…..among those who major on
Marketing….more than 95% land-up in sales job…..well…..to tell you……if one is
not among the top few ranked management colleges…..chances are students who
major in other function like Finance….HR…..also land up in sales role…!!
In any
organization, sales is one of the biggest departments in terms of the number of
employees. The spectrum is so huge, an housewife to Head-Sales, all work in
sales…..from work-from-home…to…part-time….to….working round-the-clock….sales is
everywhere. The same vast range is also visible in the compensation in sales…which
varies from few thousands of rupees to millions of rupees😧 Similarly, the number of opportunities that exist in sales outweighs a lot of
the other functions in business. Look across any day of yours…literally
any…..maximum chances are you may have bumped in into a sales rep of some
company/store etc...😝…you may/mayn’t know.…that’s different…but
they are everywhere..!!😜
Here we are
talking about a group of people who are the actual torch-bearer of Marketing
& Sales just by sheer number of people who work in sales role. They are
generally the face of the company in front of the customer & are the brandambassador in true sense of terms. The genre of sales team are the ones who
knows the customer the best….they are the darling for any company as they get
the much important revenue (which pays for the entire party….😜….&…also
get the maximum flakes when things are not working right for the company😃. They start from scratch every-day/every-month/every-year….it’s one
of those rare functions who have a routine schedule but which is highly dynamic
with a very fast turn-around-time & super-quick decision making process.
They are one of the best negotiators in business & generally very thorough
with commercials. The variations in sales are so much that there is an old
saying….Nothing is assured in sales…..except the determination & dedication
of the salesman 👍
Why does a sales person Fail?
Why do the Sales person fails sometimes?
Still when you
look around, many in sales fail…..in-fact….there are lot of instances when a
successful sales rep in one geography miserably failed in the other territory
within the same organization with the same set of products😲😮. There are also several instances….when a star sales person in an
area fails with a particular product….his/her replacement in the same area does
a commendable job with the same product😯. To add to it, a
sales rep returns to his territory, where he had done exceedingly well
previously, only to fail miserably in his/her 2nd innings in the
same region. All those cases clearly shows the concerned sales rep had the
sales skill, else he/she won’t have succeeded even once. So one thing is for
sure, sales-skill is not the only factor to determine the success in sales.
Sales-skill
is a necessary condition but not the sufficient condition for success in sales
Sales skills is just a necessary condition and not the sufficient one!!!
If one goes
deeper, the initial few days in sales make a substantial difference in the way
the sales stint of a sales rep shapes up in the territory/organization…&…one
thing which majority of the sales-team will agree, in sales once the ball
starts rolling….it does roll for some time 😉…means…once the
sales starts picking up….there is no looking-back for a period of time….which
is generally true across all forms of sales across industries. It’s the initial
ground-work a sales rep does contributes the maximum in determining the initial
success as a sales representative.
Although
there are lot of articles, books, research paper on Sales Management/Sales
Techniques etc.…… I have come across very few which talks about those initial
days of sales…..how to begin your stint in a new sales role. It may be your
first job…or you are already in sales role but moving to a new assignment….it
may be B2B/e-commerce/offline channel business/direct selling….the fundamentals
of the ground-work to be done in the initial few days remain the same😄. This article tries to explore those points…….the first 50 days in
sales job.
Business-Situation understanding
How many
times have we heard this…..sales team need discounts/schemes/reduced price/higher
credit period….etc.…etc.…many-many-many times right…..to the extent it’s almost
synonymous to sales i.e. sales means discounts😳. Well,
now the question is…..is it wrong to ask for it??....the sales-team is not keeping
the money to himself/herself thus increasing his/her bank balance😅….then why is he/she asking for it….moreover why the management is
reluctant to consider the case😮.
In maximum
of the cases, it’s the difference in the understanding of the business-situation
which is creating this divide. Business-situation as in, the business/brand/product
in its current stage or keeping future in mind. No way I am insisting for the
sales team to develop an overall business understanding, it’s not their job,
nor will that understanding generate results @least equal to the effort. Business-situation
relates to all aspects of business (divisions to put it simple) which directly
relates to sales.
Business-situation understanding is the first thing in the to-do list in the first 50 days of sales role.
To take a
simple example, the input cost (say raw material cost) has gone up….companies
generally don’t instantaneously pass on the incremental cost to the customer on
form of price increase……rather they do absorb it for some time. This time the
sales-team asks for incremental discounts…..already with a thin profit margin
the management most probably is going to say no 👍…or for
example…the transportation cost to any particular location has gone up
substantially….so company/brand in already taking a hit on margins…..any added
margin reduction (in form of scheme/discount) doesn’t make business sense….so
most-probably the request for incremental discount will be put-down. If knowing
the business-situation helps this case to a large extent…the question is why
doesn’t the sales team generally knows it??...well….its both the parties to
blame….the management & the sales team. The sales team generally is
reluctant to know anything else sales😵..&…in many
cases the management is reluctant to share the details saying it’s
confidential😜
So what’s
the solution……first the management….majority of the confidential information
can be shared if one is clear about what to share & how to
share….weekly/monthly sales meeting (this is as common a phenomenon in sales as
meeting customers) can always be used as a sound-board to share information
relevant to sales-team &…….. most importantly as a company/brand if one
says they partner/trust their customers….it is to reflect equally for the team
which manages those customers👍 The sales team needs to
understand….specially the front-line….business understanding comes even before
the sales/customer understanding….as finally sales is a part of the business. A
holistic business-situation understanding helps in lot of things like…to align
the sales effort in terms of scheme/discounts etc. so as to say one can plan
better…..furthermore better understanding helps to be more knowledgeable &
educated in front of their customers…in terms of the market understanding/movement…competition
behavior…etc.….& then…& only then it’s solution-sales else it’s as
always push-sales.
Business-situation
understanding is the first thing in the to-do list in the first 50 days of
sales role
Product Strategy understanding
A product
is doing-well….in case of offline channel business….the retailers are doing
well…&….a group of end-customer is regularly buying from the retailers…..in
case of B2B business….a set base of customers are formed who are happy…..in
online sales….you have already identified a group of consumers who are
constantly visiting your web-page, continuously engaging with your online feeds,
giving positive brand-mentions & buying a product/group of product on a
regular basis.👌
Suddenly….one-fine
day…you receive an email from Marketing team/Head-office…..that particular
product is to be withdrawn from a certain date…or even worst….that particular
product is already withdrawn….so stop promoting😯😮. Wait a sec…more than 10% of your current sales comes from that
product & it’s one of the fastest growing product in your profile….it’s one
of your best-bet for this year’s target…!!...it’s just so unfair….right….WRONG… 😈…. it’s not unfair….as it’s a business
requirement…….probably you as a sales-person missed out on something. You were
not clear about the product/brand objective.
Knowing a product & knowing
the product objective is a completely different thing. This is an
inherent problem I have seen across sales teams (primarily front-line, who
matters the most), they know the product but rarely know the objective behind
it.
Knowing product & Knowing product objectives are two different things
To give a
simple real-life example, you want to travel from destination A to destination
B & you have taken rail-ways as a strategy to do it…..so goal is
transportation….strategy is railways…..so being in sales you master the
railways👍…which is the right thing to do…..you don’t
stop there …go ahead & educate your customers about how is railways
superior…how is it better from other modes of transport…(you created your own
USP….which maximum in sales do 😁😜but you
didn’t bother to know the objective….tomorrow company changes strategy from
railways to airways ….goal is still the same😄. Result….you
are screwed😢….now you need to go to the same
customer…&….contradict what you have been saying till now😵
Product is
just an example….it extends to other all elements of business-situation.
Another simple example may be delivery of goods to customers….few companies do
delivered load…few subsidized….few charge the customers…..sometimes even on
to-pay basis…..point to note is sales team exist in all those business &
they are selling..!!....which means there are different objectives why those
business are following different models. Ohhh….. I forgot the reason the sales team
says…..that’s the work of Head-office/bosses….. I don’t have time…see I am
soooo busy….so many customers to handle….so many issues…product not available/no
discounts…finance/accounts have credit blocked the customer….😛my only submission is…..all those points are to increase/@least
retain sales…right…..knowing the objective also does the same purpose…..so
better know it…..for your own benefit.😀
In maximum
of the companies, the input from sales team regarding new products is highly
valued👍…also true is…in those companies only…. the
maximum number of new product ideas from sales team is rejected😯. Ask any sales person, they will say that the company is not bothered
about new products…. I have proposed so many…my market/customer needs this-
this….competitor has launched that-that…the list is endless. In majority of
the cases this happens because the sale person is keeping only the product in
mind & not the objective. The day the sales team also considers the
objective, the number of request will go down….the acceptance rate for the new
product ideas will shoot up & most-importantly the sales guy will be able
to better plan ways to handle his market/customer with current products😊
Value of Sales Reports
If a
sales person understands the objective behind all company actions around him
which directly affects the sales, he will be less surprised & won’t lose
face in front of customers.
Let me see
how lucky u have been😨……well….did you get a sea-shell by
sea-shore which has diamond in it😩…..well….don’t be
sad….because you need to be more lucky to come across a sales-person who is
happy making sales-report(😆😇. Does the sales
person doesn’t know the value of sales report…..in maximum of the cases he
does… …but he/she knows the benefit “theoretically”. It’s like I know smoking
is harmful to health & still I smoke😉.
Value of sales reports is theoretical for a sales guy
The
importance of data is generally based on 2 factors…1st the volume of
data…&…2nd the dynamicity of the data. More the volume &
more the dynamicity of data….the more important is the predictive analysis to
derive trends. Hence, sales data is of paramount importance. One live example
is e/m-commerce…..one of the success pillars of selling in this platform is
data😊. So is future with big-data & AI. Data in case of
e/m-commerce is generated itself--because of tracking & also the consumer
inputsthe data instead of the
sales-person. But other channels, it’s generally the sales-person who has to
track & input the data!!
Why a sales person doesn't like to prepare sales reports?
Generally sales
person doesn’t enjoy making sales-report because of 2 reasons…..first he/she doesn’t
like making sales report….so rarely made one thoroughly…. so the sales-report
was not good enuf….so hasn’t got the full benefit of it…so he/she doesn’t like
making sales report. It’s like the old chicken-and-egg situation…which came
first.😄
2nd
reason is the level of complexity company/brand has included in the sales
report & the number of different types of report……many times it looks it’s
like a “sales”manager designation needs to change to “sales-&-sales-reporting”
manager😇. Company/brand….first told the sales team to input
data, it didn’t meet their expectation…..then put sales enablement tool for the
sales team…it still did not work effectively…then linked the sales enablement
tool to sales…..still results were not as expected….then gave sales team
incentive for data generation….no…still not there…..then went to channel &
installed software….got some numbers not enuf……then went to point-of-sale to
generate data….well….it’s still not 100% there I believe😵😇
Less complex reporting formats can encourage sales team to comply better
The answer
to this riddle is simple…..sales team(specially front-line sales team who is
primarily responsible for data generation) did not have a buy-in…they felt it
as a no-value add exercise to their sales numbers😜. My
little submission to company/brand, plz look@ the basic reporting format of
any online/e/m-commerce sales, the data points are less and the analysis of the
data is more. Get the basic data from sales-team…you may always add-on with
time/practice/habit/buy-in & plz get the analysis done
separately….elementary level software is good-enuf as a start-point….ohhh….most
important…then plz share that analyzed data with the sales-team, with a scope
for them to do their analysis also..!!
Importance of historical data
Let’s take
a simple example to understand the importance of sales report….customer has
come up with a question/problem-statement which the sales guy needs to respond.
In maximum of the cases, the same problem statement/similar problem statement
has been previously asked by some other customer @ some point-of-time in
history….it has to be…because customers/maximum of them @ least(😝 generally don’t create problems out-of-thin-air. Think you are the sales-guy
sitting in front of your customer who has asked you that unexpected
question…..now think somebody comes up to you with a sales report which has couple
of cases in the past where the customer has asked the same/similar
question…..with the reply the sales-guy @ that point of time has given &
the corresponding customer response to that reply. Wooooowwwwww…..your problem
is 50% solved..!!...
Study of past sales data in first 50 days of sales stint can be very helpful for a sales person
In the
first 50 days of sales role, the sales person needs to thoroughly study the
past sales-data of his/her market/customer & if required, make new sales-format
for him/her & the team (@local level) which should be the starting point of
all discussion with the team & the customer, in future
Many of us
have gone through this…..a new person has joined your
business/department…..first few days how does one form the impression about the
new joinee😦…well different people have different
ways to look @ it & different parameters to form an impression….but one
parameter is generally common for everybody……the sincerity/hard-work the new
joinee shows upin the initial days👍
The sales
person who joins a new role is also like that new joinee that we talked about. You
may have years of sales experience under your belt & been a star sales performer
in all your previous sales stint….it DOESN’T MATTER. Most probably you will
come across those set of customers/market who have been in that business far
more number of years than you have been….or have been associated with the
company with far more number of years than you have been….the initial days it’s
your sincerity/hard work that pays…..plz remember that hard-work/sincerity may/mayn’t
show up in results & in most of the cases it won’t show up in the result. But
it will do what is more important than the results in those initial days….It
will gain the much needed confidence/respect/trust of the
customers/market/partner who will be the most important people for you in days
to come.
Visible hardwork - help in relationship building
It’s a
common saying….relationships are one of the most important thing in sales &
it comes with years of association…true….but it starts with those initial days.
I have come across many good sales people who make this fundamental mistake,
they want to make the change from day 1. Well, to tell you it’s not
possible….YOU CAN'T BRING THE CHANGE FROM DAY 1…because the people through whom/partnering
whom you are to bring that big change needs to align to you….your thought
process….else over a period of time it will be hostilities/mis-trust/complaints
& non-cooperation from them.
Visible hardwork in first 50 days in sales is critical in building the base for a long term relationship in market
The
sales person in first 50 days needs to be sincere/hard-working which is visible
to his/her customers/partners/market to gain the confidence/respect/trust which
forms the base of the relationship management in days to come
Lets come
to the last point……which maximum of the sales team does in their first 50 days
of sales role….visit customer/market, understand competition, start talking
to other stakeholders in the company like supply chain, finance/accounts,
marketing etc.. & understand product/commercials👍.Well,
it’s very important….& needs to be done with highest level of
seriousness…...but it’s one of the points that needs to be addressed in the
first 50 days..!!
1st 50 days are an opportunity for the sales person to establish the base for him/her to become the star sales performer over a period of time
The first
50 days is an opportunity for the sales person to establish the base for
him/her to become the star sales performer over a period of time. If not used
properly, this first 50 days will hauntduring his/her tenure where he/she would need to put much more efforts
to overcome the negativities generated in the first 50 days.
Rest…welcome
to one of the most HAPPENING…REWARDING..&…definitely ROCKING role in
business…..Sales..👏👏
Ever since evolution few defining characters of Humans…
They areAnimalswho are genetically a self-Trainer and Ideator…hence they continue to be @ the top of food chain…
The urge to explore made themRoad Tripper by nature….
The genesis for continuation of any form of life…knowledge sharing with next generation…humans formalized and Standardized…its now called Education…
I also have all those in me like all other humans…only submission…I loved those & they are my passion…
About my Blog
My blog intends to bridge the gap between the sales & marketing theories taught in MBA schools and the requirements of Indian corporates.
I have leveraged my multi-industry expertise and teaching experience across various MBA schools in integrating academics to practical aspects followed in Indian market. At the same time, I have tied to keep the content simple to understand, easy to implement and more relevant with respect to the corporate sector in India
It shall be helpful for all those marketing & sales guys who...
Have just completed MBA or going to complete it…
Young executives in sales & marketing without a formal education in management…
Young-mid level managers looking for a role change
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