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5 Strategies towards Smashing your Sales Targets in 2010

Guest post by: Niall Devitt

Article Overview: If you are still a salesperson in 2010, firstly congratulations - here are 5 recommended strategies you can employ towards getting on top of your target this year.

5 Strategies towards Smashing your Sales Targets in 2010

The environment in which salespeople now sell has changed considerably. The process of buying has changed - therefore the process of selling has changed accordingly.... Markets are smaller and more complex - there are less genuine opportunities for salespeople to sell.... Decision makers and the people involved in decision making have changed meaning purchasing decisions are now longer and much more complex. Reality check! The bottom line is that the market will not adapt or return for the salesperson, it is now up to the salesperson to change - so as to meet the needs of this new sales environment. If you are still a salesperson in 2010, firstly congratulations - here are 5 recommended strategies you can employ towards getting on top of your target this year.

1. Start by Moving the Target Up

What? I hear you ask, my target is challenging enough without putting additional target and pressure on top. Wrong! Sales are ultimately about smart averages, so putting your target up a notch means you give yourself more breathing space from the get go. In planning for a higher target, you automatically increase your chances of hitting and exceeding your original target. It's a simple fact!

2. Analyse Performance and then Plan for Success

It amazes me to this day how many companies continue to use KPIs badly and how many salespeople insist on trying to fudge the figures. Your KPIs are one of the mostly deadly sales tools you have. A proper and realistic analysis of your KPIs will provide you with everything you need to know and do to improve your performance. In short, they provide you with the building blocks for both your long-term and short-term sales planning.

So KPIs provide you with the relevant information and your sales plan decides how and where you intend to spend your time. You will need to plan for long-term (yearly) and short-term (monthly, weekly). It's critical that you get this right, because your time is your ultimate resource in sales - so ensure that you are spending it wisely. In the words of a famous ex-Manchester united captain "Fail to prepare, prepare to fail"

3. The Trick is to Prospect rather than Close

A key skill for all sales people in this environment is their ability to find genuine prospects. Its takes time and research but it pays to do so. A problem for a great many salespeople right now is that rather invest in prospecting, they are choosing instead to invest in closing. In other words, they are continuing to spend the majority of their time chasing prospects that don't want to buy rather than finding prospects that do. You could almost call it, a type of sales madness. Remember, research is the key piece when prospecting. The more thorough your research, the better prepared you will be to meet the decision maker and ultimately the greater your chances of success.

4. Selling is Easier when you Embrace Technology

While technology may on one hand threaten the very role of the salesperson, it also assists us to be increasingly more effective and professional. Information is freely and widely available on the organisations and the people that we want to sell to. It is now easier than ever to connect with these people and networking can happen at speeds unimaginable only a few years ago. A salesperson that is not willing or afraid of these new tools will quickly be left behind. Embrace rather fight technology, it just made selling a whole lot easier.

5. Become a Business Person, not a Sales Person

In 2010, being a salesperson alone no longer cuts the mustard. Prospect's time is increasingly valuable; they are only interested in speaking to people who will bring lots of value to any conversations. The flipside is that you now are expected to know a lot more than merely what you sell. The salespeople that will succeed will be those who bring with them developed and strong business acumen. They will be those who can step behind the desk of the senior managers within organisations and see the world through their eyes.

This means that the role of salesperson is also that of someone who has an aptitude and appetite to constantly better oneself. If your company are lacking in their support in this regard, you must pick up the slack, and consciously devote both your person and time to learning. The wealth of available information means that this is now very easy to do. So whether it is reading a business book a month or subscribing to some top class business blogs, it will not happen unless you make it so.

My Sales Prediction for 2010.....

While 2009 could be considered perhaps survival of the fittest in terms of its effect on professional sales and sales people, it is my prediction, that in 2010 - we may start to see the survival of the most knowledgeable. I am not one who subscribes to the theory that technology is making sales a redundant profession. It is my belief that what we are actually seeing is the start of the true professionalism of sales. It would make me exceedingly happy if this turns out to be the case.... Please be sure to share your strategies towards making target in the comments section below and the very best of luck in 2010.

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Article Tags: B2B sales, business acumen, crm, key performance indicators, making sales targets, professional sales, prospecting, sales 20, sales activities, sales performance, sales pipelines, sales plainning, sales strategies, sales technology, sales time management, sales tragets, Social Media, the buyer seller relationship



Related Forum Posts
Online Sales and Marketing vs Traditional - Hi Evan, I am noticing that many of the posts in the Sales/Marketing section deal with online marketing, SEM and and SEO and Affiliates. I was wondering if it might be a good idea to separate that section into two; 1) Online Sales and Marketing; 2) Traditional Sales and Marketing
Re: Online Sales and Marketing vs Traditional - [quote="ltrahan":31w9r2iz]Hi Evan, I am noticing that many of the posts in the Sales/Marketing section deal with online marketing, SEM and and SEO and Affiliates. I was wondering if it might be a good idea to separate that section into two; 1) Online Sales and Marketing; 2) Traditional Sales and Marketing[/quote:31w9r2iz] I second the request...
Different Hats - CEO Sales & Marketing & Leadership Development Company Strategic Vision 10 Alliances & Growth Strategies 10 Hiring & Managing People 8 Mentoring 8-9 Strategic Planning for Clients 10 Execution of Marketing Campaigns 9-10 (i have great people who do the nitty gritty) Financial Management 9 Bookkeeping 3 (outsourced as I really hate the fine details like GST0 Administrative Follow Up 6-7 (again have great staff) Writing & Publishing 9 (getting better all the time!) Speaking 10 (so I have been told) Self Promotion 9-10 Web development & Promotion 6-7 (learning more and have brought on players who are 10+) Babysitting Employees (1 - wont do it, that's why I work so hard to hire and motivate the people I have) Great topic Kevin!! Jude
Re: What I'm reading this weekend - Oct 8, 2010 - these are great! In particular, I liked "you’re already perfect" and "Smashing through the Black Wall of Fear." That's exciting that there is a new 4-hour book out. I really enjoyed "The 4 hour Workweek."
Re: FREE Toronto Referral Workshop - Kevin, I'll try to get a copy of the slides and summarize the 14 Strategies. Stay tuned!


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