fc webinar week 2
DESCRIPTION
TRANSCRIPT
Cop
yright 2
01
0 | RE
V S
ale
s Ltd
Foundation Certificate Programme
Webinar 2 - Wed 9th March, 2011.
2
Intentions for this SessionExperience and understand basics of effective sales
management • Meet your Sales Manager and Sales Team• Participate in your Weekly Sales Meeting• Discover Weekly Sales Reports
Continue to improve your sales effectiveness • writing and delivering responsive sales scripts,
questioning techniques for exploring, focussing on and solving clients’ problems
Start improving your sales efficiency with: • KPIs, metrics, reports and targets for your sales
activity• expert tips for managing distractions
Crank up your sales empowerment with • powerful Buddy Boosting Strategies
3
Welcome to
YOUR
Weekly Sales Meeting
4
What is A Sales Meeting?
• Formal communication between:– Sales Manager >>> and Sales Person / Team
• Report Results and Key Performance Indicators (KPIs)
• Review Activity, Results, Deliverables (assignments)
• Cultivate healthy competition and best practice
• Give & Receive Feedback
• Recognise & reward good & great performance
• Identify & manage under-performance and skill gaps
• Develop & up-skill - for immediate and longer-term needs
• Present plans, forecasts, previews of things coming up
• Share AOB’s - relevant to Sales Team, eg: news, highlights
• Encourage & motivate for the week ahead
5
EMPOWERMENT
How would a weekly sales meeting benefit:
• You?• Your Business?
Who is:
• Your Sales Team? • Your Sales Manager?
6
EMPOWERMENT
FCP Sales Meeting Ground Rules
• Attendance is mandatory• Preparation is mandatory• Chatham House Rules - please respect the info being shared - do not repeat or share recordings
• Focus on numbers first - embellishment and stories by invitation only!
• Respect your Sales Manager!• Respect Your Sales Team• Respect the agenda and time• Be Your Affirmation when you join the meeting
7
Agenda Week 2 Sales Meeting - 9/3/11
1. Weekly Sales Reports 1. Each person reports their Results and KPIs - 2 mins each
(max)
2. Assignment 1 - Weekly Reports
2. Weekly Sales Review 1. Assignments
2. Leader Board & Sales Award/s
3. Activity, performance, results
3. Weekly Sales Script Surgery with Mike (role play)
4. Weekly Feedback 1. Help with under-performance and issues
5. Support and Accountability - Buddy System
6. Next Week Preview - Sales processes & metrics
7. AOB - Announcements
8
EFFICIENCYSales Reports - Results and KPIs
KPIs vs Results: your performance leads to your results.
Results are the things you want: eg: bank balance, cash flow, sales, profits
KPI’s measure the smaller thing/s you need to PERFORM
- to get the RESULTS you want.
If you’re not measuring your KPI’s - you can’t manage them
Sales KPI’s fall into 3 main areas:
Activity eg: # of calls, # of hours on phone, # hours doing sales activity
Effectiveness eg: % of presentations that convert into a ‘yes’
Efficiency eg: calls per hour, orders per conversation
9
EFFICIENCYWeekly Sales Reports - max 2 minutes per person
KPIs:
1. How many leads were on your list?
2. What was your desired outcome with these calls? 1. Sales appt / order / proposal / first paid booking / other?
3. How many leads did you attempt to call?
4. How many decision makers did you actually speak to?
5. What was your actual outcome? eg:• How many 1st appointments did you set?
• How many sales appointments did you make?
• How many sales did you make?
Results:
1. # of sales made, total £ value of sales, total £ cash received.
10
ASSIGNMENT 1
Weekly Sales Reports
• To be completed and submitted each week
• Report for period: Monday - Sunday.• Report due by: midday Tuesday
following. • Email to:
11
ASSIGNMENT 1
Weekly Sales Reports
• My objective with each call is to: Eg: Make appointment / invite to webinar / get paid
booking
• # leads on list• # leads I attempted to contact this week• # leads I actually contacted this week• # of YES’s I got• # of NO’s I got • # of MAYBE’s I got• # of hours I spent making these calls• I need help with:
12
WEEKLY REVIEW PART 1
Leader Board - by KPIs
• Activity• Performance• Results
• Sales Award for Top Performer - Script Surgery with Mike
• At this stage we’ll focus on what worked.
13
WEEKLY SCRIPT SURGERY
• This script got the best results this week
• Take notes at each stage of what worked - and on Mike’s suggestions for further improvement
Assignment:
• Deliver YOUR script to at least 5 qualified decision makers.
• The best performer next week gets a Script Surgery with Mike.
14
WEEKLY REVIEW PART 2
What didn’t work?
Observe and discuss - in context of 3E’s
Where were you lacking?
• Effectiveness - keep practicing and using theory
• Efficiency - what does it take to be efficient around sales? How can you manage focus and distractions?
• Empowerment - head space, environment, accountability
15
WEEKLY REVIEW PART 2
Focus on Efficiency - Eliminate Distractions
• Loud noisy environments
• Lack of focus
• Checking emails
• Internet and Facebook
• Instant Messages popping up - Skype / FB etc
• Inbound calls and texts
• Mind chatter - mentally managing things
• People interrupting your flow
• Too many ‘windows’ open (on your computer)
These things break momentum and will LOSE you sales!
16
ASSIGNMENTS
1. ACTIVITY Complete 5 - 10 sales calls 2. RECORD Complete sales report for week
commencing Monday and ending Sunday.3. REPORT Submit weekly sales report by
midday Tuesday for week ending Sunday to [email protected]
4. SUPPORT Work with and support your buddy in completion of this week’s assignments
17
ANNOUNCEMENTS
DATES FOR YOUR DIARY
Thu 31/3/11 - Bonus FCP catch up session 3 pm - 6 pm
Followed by…
Thu 31/1/11 - Monthly Movie Night - 7 pm - 10:30 pm
Wed 20/4/11 - FCP Graduation Session with Social Event
Wed 27/4/11 - Monthly Movie Night - 7 pm - 10:30 pm
OFFERS
• REVsales Skills Profile with FREE Coach Carter DVD - £90
• REVsales Skills Feedback Session - 10% off in March - £135