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Time To Sell
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| Guest post by: Paul Donehue |
Article Overview: As business owners or sales managers, one thing we can all do to boost profits, productivity as well as longevity in our sales ranks is to get our sales people working on the right things. Of course, before we can accomplish this, we need to be truthfully-aware of what they're working on now...
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Free Download - Ask All to Buy! By Paul Donehue |
Time To Sell
A mid-sized New England company that considered itself highly sales-driven recently discovered their sales people spent less than three-hours per day interacting with customers or prospects. They also discovered that nearly 25% of the average sales representative's time was spent on company-required paper work.
While this might seem surprising, research indicates that these results are typical across all industry lines. For example, statistics presented in The New Rules of Sales Enablement, by Jeff Ernst,indicate that 65% of the average sales rep's time is spent not selling. Similarly,process improvement expertshave compiled data showingthe largest waste in most commercial and industrial organizations is lost gross margin that results from sales not made, sub-optimal pricing and excessive costs in and effecting the sales and marketing process.
Clearly, as business owners or sales managers, one thing we can all do to boost profits, productivity as well as longevity in our sales ranks is to get our sales people working on the right things. This will require some effort and research, as we must first study the work being done to determine where, in fact, their time is being spent. We cannot improve the process based on assumptions.
Likely next steps might include: 1.) Identify the categories of work on which the sales force is spending its time; share the data and seek input on how sales people can increase the amount of time spent on the key activities; i.e., meeting with or speaking with customers and / or prospects. 2.) Help sales people formulate the best territory management or routing plans 3.) Provide appropriate administrative support 4.) Set standards for call volume and frequency, and make sure the sales management team pays attention 5.) Streamline order-input processes
Selling is tough enough, even in a good economy. It can only become more difficult if we fail to keep the sales force "selling." Maybe author Jack Falvey summed it up nicely when he said, "Want more sales? Make more calls!"
Article Tags: productivity, profits, sales efficiency, sales management, time management
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About the Author: Paul Donehue RSS for Paul's articles - Visit Paul's website A professional and seasoned consultant, coach and trainer, Paul Donehue has made a life's study out of working with and motivating people. His extensive background in sales, management and as an entrepreneur has provided the perfect vehicle for him to interact with and observe the behavior of leaders and professionals in numerous fields, and to see first-hand how many have been able to achieve and surpass their goals. Now president of Paul Charles & Associates, a training and consulting firm specializing in sales, sales management, business communication, marketing communication and business development, Paul regularly conducts on-site and on-line training and coaching programs, and facilitates a wide range of meetings and programs. He has also spoken at many corporate and association events. He is a member of the National Writers Union and The NH Writer's Project, and has co-authored several books; he is also a former director of the Smaller Business Association of New England (SBANE), a two-term Commissioner on the Londonderry Housing & Redevelopment Authority, and has served as a board-member for a number of businesses and organizations. In his highly interactive style, Paul relays stories of innovation, perseverance and success, and presents new ideas in a positive manner that inspires others to build upon strengths while adopting fresh perspectives and a spirit of self-improvement. Click here to visit Paul's website Your Annualized Bus Dev Plan |
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