Back to the Future – The B2B Sales Imperative

By Warren Shiver

“Whoa, this is heavy…There's that word again; "heavy." Why are things so heavy in the future? Is there a problem with the earth's gravitational pull?" -- Back to the Future

A recent HBR article, The New Sales Imperative got me thinking about the classics. Seems like the “new” B2B sales imperative looks a lot like the old one. It reminds me of NBC’s great slogan in the 1990’s when they would show reruns of their must-see lineup on Thursday nights (the era before Netflix, streaming, etc.), “If you haven’t seen it, it’s new to you.”

I’m not quite sure of the original source, but we were working with sales teams to define their buyer-aligned sales process with supporting “customer evidence” back at OnTarget in the late ‘90s for clients, such as Microsoft, IBM, and HP. There are reasons that good ideas are enduring, especially in sales where there are such clear scorecards.

Back to the Basics

We are often asked about the latest sales trends and pushed by clients, especially those focused on Learning & Development, to offer the latest sales technique, program, or approach. Increasingly, we are recommending a back-to-basics approach for many of our clients.

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5 Steps to Sales Onboarding Success

By Joni Santos

How can you design an effective onboarding program for sellers that accelerates their time to productivity, while reducing employee turnover? In our recent blog post, the Case for Sales Onboarding, we highlighted the sobering data around seller turnover, departure costs, recruiting costs, lost revenue, and new seller ramp time. We also emphasized the importance of establishing desired outcomes and milestones for a seller onboarding program, defining success according to five C’s: Clarity, Connections, Comprehension, Confidence, and Contribution. 

As each ‘C’ builds upon the last, you can implement them as you would follow steps in a process, recognizing that the journey may not always be clean and linear.  In this post, we expand on how to apply the 5 C's of Sales Onboarding Success.

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5 Steps to Find Your Actual Cost of Sales Training - Part 2

By Michael Perla

Part 1 of this blog began with a statistic showing that U.S. firms spend just south of one trillion dollars on their sales forces. A portion of this spend is on sales training, which can be off-the-shelf content/training, custom training, or some combo thereof. We developed this two-part blog with the premise that your sales training is unlikely to hit its target if you don’t first define your desired outcomes (Step 1), your adoption strategy (Step 2), and your optimal modality mix (Step 3), all of which were addressed in 5 Steps to Find Your Actual Cost of Sales Training - Part 1. In Part 2, we explore the specific sales training investments (Steps 4 & 5), as well as a hypothetical example between off-the-shelf vs. custom approaches.

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5 Steps to Find Your Actual Cost of Sales Training - Part 1

By Michael Perla

Annually, U.S. firms spend approximately $900 billion on their sales forces, which is greater than three times their total media ad spend and 20 times their spend on all digital marketing[i]. Based on various sources, there are between 4 and 5 million business-to-business (B2B) sales professionals in the U.S. and approximately $20B is spent on sales training alone, not including sales enablement technologies, tools, and aids.

As a firm that often develops customized sales training, we are frequently asked about the costs over and above our fees. As you can imagine, it’s not a simple answer, but this two-part article highlights the 5 steps you should take to define your cost of sales training and determine whether custom or off-the-shelf training is a better option for you.

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The Case for Sales Onboarding and How to Do It Right

By Beth McGraw

The business case for good employee onboarding is nowhere more glaring than in the sales organization. Companies spend more to hire talent in sales than in any other part of the organization and also experience some of the highest turnover rates (25% to 30% annually1). When a seller leaves, the departure can cost a company between $75K to $300K each year, before considering lost revenue.1 After hiring a replacement, it takes an additional three to six months for a sales rep to become productive.

Benefits of Good Onboarding

Experts agree that a well-executed onboarding program can reduce risk, accelerate the path to productivity, and reduce attrition. CEB research on sales onboarding tells us that engaged employees are 9 times less likely to leave, and effective onboarding programs have the potential to increase employee performance by 15%. Boston Consulting Group’s study, Realizing the Value of People Management, identified onboarding as the second most important capability (after recruiting) amongst 22 HR capabilities that impact revenue growth and profit margins.2

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5 Must-Haves to Nail Your Sales Kick-Off Meeting

By David Szen

A Sales Kick-Off meeting (SKO) is a huge investment for any company gathering more than 100 sellers in one place to gear up for a new year. In our experience participating in myriads of SKOs, we have seen an unfortunate disconnect between what companies think they’re delivering versus what their sales teams are actually taking away. While companies leave their SKOs believing their sellers are energized and educated, attendees often view the experience as a three-day string of mundane sessions, offering little or no tangible takeaways to use in their sales activities going forward.

What are the elements that make a great Sales Kick-Off meeting and what are the pitfalls to avoid?

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The Five Disciplines Top Sales Performers Master

By Symmetrics Group

We asked the best of the best of our sales superstar network to tell us what drives their off-the-charts performance.

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10 Sales Facts You Cannot Ignore This Year

By Symmetrics Group

The world of sales is changing. Here are 10 sales facts you need to know to stay ahead of the game.

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View of a Former Buyer: Episode 3 - Trainers

By Doug Ferreira

This is the 3rd and final episode in the series in which I have shared my thoughts and ideas regarding some of the critical roles in the sales effectiveness world… all roles that I have had the distinct pleasure to play. We have addressed those who sell sales effectiveness solutions and sales training, as well as those who buy these solutions. In this final segment, I would like to talk specifically to my current peers – my sales training and coaching colleagues.

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View of a Former Buyer: Episode 2 - Buyers

By Doug Ferreira

In the first blog post in this series, we embarked on a journey to discuss my view points on best practices for different players in the sales effectiveness solution “selling cycle,” including those who sell these solutions, those who buy these solutions, and those who deliver these solutions…all roles that I have played myself.

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