Monday 7 September 2015

Sales Training vs Sales Coaching

Making the decision on whether to have your sales staff trained or coached can be difficult. The correct choice depends on a lot of factors but hopefully this blog will outline some things to think about before investing in an approach.
There is a clear difference between sales training and sales coaching but the two are often confused. The table below outlines how the two approaches to staff development differ:




Sales Coaching


For me, the main difference between coaching and training is who is actually carrying out the development programme. The best sales coaching programmes are often carried out internally, by colleagues who have more experience in sales and your business. This will help your tutees improve their sales skills significantly as well as pick up your business principles more quickly. The knock-on effect of this is that by implementing a process where more experienced staff coach the less experienced, the tutor will be refreshing their skills as well by teaching someone else. Often you only really think about and understand a process when you are trying to teach someone else.

The second thing with coaching as opposed to training is that it is an ongoing process. Regular communication between the tutor and the tutee enables the sales coach to recognise the trainee’s strengths and weaknesses. This allows for the programme to be adapted to fit more around the person being trained, which always makes for a more effective process. I believe that this is the major benefit of coaching over training, as it allows for an understanding of what an employee really needs to learn to succeed in the industry.

Sales Training


Training is often seen as the more expensive approach to staff development as it usually relies on hiring or working with an external agency. Sales training can come in a variety of different forms from motivational speaking to basic selling protocol. This investment is often worthwhile however as the trainer you work with will have expertise and may even be an expert in their field. By following the advice from leaders of the sales industry your staff may pick up some valuable hints or tips which may help them day to day. Training offers more opportunity for higher calibre salespeople compared to coaching, as it is harder to coach a person who is already very experienced in their field. Sending one of your top salespeople to a training event may make an already effective member of staff even more effective. For this reason the decision between coaching and training usually depends on the member of staff you are trying to develop. 

Friday 28 August 2015

How to Keep Your Sales Staff Motivated

One of the main drivers of business success is retaining top staff, but perhaps even more important than this is keeping your top earners motivated and performing. The difference between a thriving business and a failing business lies with how much revenue your salespeople are bringing in each month, so ensuring they are performing at their best is vital. Keeping your staff ‘on the ball’ and busy is often more difficult than it sounds, so here are some of our thoughts on how best to approach the matter.

Rewarding Performance


A finely tuned and thought out compensation structure is one of the best ways to motivate staff, especially salespeople. Too often businesses are not representing their top performers with incentive structures to really get them going. Having a cap on earnings and bonuses may seem to make initial sense to keep business costs down, but the logic is often flawed. Once one of your employees has reached their limit of earnings what’s in it for them to work hard? Put yourself in their shoes, if you hit your annual salary cap by October you will be inclined to coast along until the start of January, as selfish as this sounds it’s how the human brain is programmed to work. As long as your bonus structure is linked to profit made for the business and not just turnover, the increased salary you pay to an employee will only be rising in relation to money they make for the business. The best way to devise a bonus structure is to form it in such a way that it is a win-win for your employee and for your business.

Secondly, a lot of sales organisations are creating disincentives for staff by rewarding both poorly performing and highly performing salespeople. Giving bonuses to staff who meet the minimum required standard you expect as an employer sends out the wrong message. For example giving pay-outs to staff who achieve less than 50% of their sales goals discourages them from hitting their peaks, and communicates to your top performers that you as a business are satisfied with mediocrity. If you are looking to rejuvenate your sales staff and attract the best talent, a strong compensation structure is probably the best place to start.     

Encourage Competition


Many businesses assume that salespeople are only motivated by money.  This isn’t always true. Everyone enjoys that rush of competing against your colleagues and as an employer if you can encourage a bit of friendly rivalry between your staff your sales revenue is very likely to increase. As sad as it sounds everybody likes to ‘get one up’ on everyone and giving prizes to the best performing staff is a good way to get the best out of everyone. These prizes or rewards do not always have to be financial, an interesting reward scheme at a business I know is that the best performing salesperson for that month receives access to the best parking space at the company. Little things like this can really boost your employees to their top level. 

Written by Andy at Aaron Wallis Sales Recruitment.

Thursday 20 August 2015

How Strong is Your LinkedIn Profile?

LinkedIn is a great tool for individuals and companies alike. The website has exploded since its creation in 2003 and now has more than 70 million members worldwide, growing by over 1 million users a month. For salespeople it allows the development and maintenance of a contact base, as well as providing a marketing platform for businesses to promote their product. Recent research shows that 78% of salespeople using social media outsell their peers, showing just how important it is to have a strong, visible online presence. But how do you come across on LinkedIn? Is your profile doing you a favour or causing you harm?


Building Your Brand


Whether you have a LinkedIn profile as an individual or a business it’s important to consider how you want your prospects, customers or colleagues to view your profile. Everything you choose to include in your profile matters, and little things can make a big difference in how people perceive you and your account. The first thing to decide when creating a LinkedIn profile is a profile picture for your account, as an individual this will likely be a photo of you, but for a business it will probably be your logo or even a picture of your staff. People often underestimate how important this picture is to your profile, as first impressions really do count and the immediate perception people create of you is heavily influenced by your picture.

For a person profile on LinkedIn it’s a good idea to try and make your picture look as professional as possible. I heard one of our recruitment consultants comment the other day how unprofessional it looks when people are drinking alcohol in their LinkedIn picture, these details can really affect how people view you. Everything from what you are wearing to the background of the picture is worth thinking about. For businesses the usual marketing techniques need to come into play, your picture should correspond to your company branding as it is an extension of your business. With the limited information and media you can include on your profile, it’s important to get things such as pictures right.

The space available underneath your name or a company name should be used carefully as it is often the first thing people read on your profile. Using keywords associated with specific roles or business sectors is a good technique to attract views to your profile, as it is one of the search tools that LinkedIn provides. This space is finite and needs to be thoroughly thought about, the same rules apply as SEO, what terms and words do you expect people to search for?

Networking


For salespeople or even any professional, LinkedIn offers opportunities to expand your career connections in a way that no other social media site can compete with. By keeping in touch with people you know and have worked with your voice will be heard by more people, and in turn what you hear on the ‘grapevine’ will increase. Both for individuals and companies the opportunities that are available to you will increase, for example many people hear about job vacancies through LinkedIn, one of my family members has been approached for his last two roles through the site.

The groups and support networks you can join on the site are valuable areas for discussion. These groups can provide help for when you have difficult questions, but when you help someone else it will raise the profile of your account and increase the number of views it receives. Discussion with industry experts can provide your business with some good advice and potentially help with strategic thinking.

In today’s digital age it’s vital to be a part of LinkedIn as it allows for a new area of competition both for individuals and businesses. Creating a strong profile can help with business success and career development. Follow Aaron Wallis’ LinkedIn profile here.