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6 Market Development and Sales Management Lessons from Clash of Clans

While working on my village late one night, trying to assemble a clan, and trying to gain a better league status, I realized how similar the tactics in Clash of Clans are to developing a market and managing a sales team. In fact, the tactics are also similar to playing such strategy games as Risk, Axis and Allies, and Battleship that so many of us grew up playing.  When starting out, you have infinite possibilities but limited resources and competitive forces that sometimes have more experience and are better established.

So where do you start and how do you compete successfully in both the game and in market development and sales management?

Have enough of the right resources

In the game, it takes gold and elixir and you need to mine for both of them.  In market development and sales management, it takes money, time, and the right activities.  All three must to be used efficiently to build your market and using your resources efficiently will lead to more resource being available to continue your growth.

Defend your ground

In the game, you start by building a village that you will quickly need to defend because you are the weakest village on the planet.  In market development and sales management, it starts with identifying a market, entering the market with an initial offering, and then protecting your market share from competition by servicing your customers with great customer service and delivering value.

Have the right team

In the game, you have a choice of warriors with various skills sets that serve different purposes depending on what you need to accomplish successfully in a battle.  In market development and sales management, you need to have the right people in the right positions doing the right things for lead generation, customer conversion, relationship management, sales support, and customer support.

Choose your battles

In the game, you are given the ability to choose your battles which is helpful since you get to survey the competition and do a quick analysis of your resources compared to your enemy’s defenses to decide if you want to take the risk of competing.  You will not be able to compete against some opportunities so it is helpful to have some foresight.  In market development and sales management, we try to know the competitive landscape as best we can and use our differentiators to sell against our competition.  Knowing how the competition might respond and knowing from experience which opportunities to walk away from are helpful skills in the long term.

Review your failures

In the game, you can watch a replay of your battle to determine where you need to make changes for next time.  There is no better learning opportunity like having your village leveled 100%, your resource pilfered, and you are given a shield for 12 hours out of pity from the game creators to protect yourself since you lost so badly.  In market development and sales management, you can’t replay your activities but you can perform a post mortem analysis and learn what behaviors, language, activities, questions, solutions, and competitive activities you need to be aware of or perform better for the next opportunity. You can actually learn more in sales from your losses than you can from your wins.

Plan ahead

In the game, you are can see how much upgrades and additions cost and understand where you are weak so you begin to plan what changes you need to make based on how successful your offensive campaigns are and how successfully you defend your village from raiders. In market development and sales management, you are able to use business intelligence reports from the CRM and accounting system to identify what product lines are most profitable, which customers are most profitable, and what activities are the most productive so you can make adjustments to your selling plan and how you are using your team.

If you are not a fan of Clash of Clans or you did not grow up playing strategy based games, then this might not make as much sense to you. However, the same lessons can also be learned from competing in sports, competing in the talent shows, and from your current market development and sales management success.  If you would like some pointers on Clash of Clans or in your market development and sales management, feel free to email me.  Nothing like having a coach and a mentor to help you navigate through some difficult times.

 

 

6 Key Areas to Review Weekly: A Sales Manager Checklist

Stay ahead of the market by maximizing the opportunities in the world around you.

Leading a sales team is a constantly evolving mission with a single objective: to meet and exceed the sales objectives for the area you’re managing. It involves constant recruiting, training, motivating, and coaching of both direct reports and non-reports.  It is a constantly giving position that takes nothing and gives credit where credit is due.

The variables that can impact your success as a leader are tremendous. Below is a weekly sales management checklist and its purpose is to help you stay on top of the primary issues that should have your attention on a regular basis to keep you on track.

 The Market

  • Do we know what is going on in our industry?
  • Do we know what is going on in our market?
  • Do we know what is going on in our competitors?
  • Do we know what is going on in our customers?
  • How are we differentiated?
  • Do we have the right metrics in place to measure change?
  • What does the team need to know more about?

Goals & Roles

  • Do we have defined goals for the year?
  • Do we have defined sub-goals for the next 30/60/90 days based on the annual goal?
  • Does everyone understand their roles and expectations in achieving the goals?
  • Does my team have a plan for achieving those goals?
  • Do we have the right metrics in place to measure progress?
  • What can we provide to the team to help them?

 The People

  • Do we have the right people on the team?
  • Do we know what the team is great at?
  • Is the team utilizing their strengths to their full potential?
  • Do we know where the team needs help?
  • What tools do we need to use better?
  • What activities do we need to do better?
  • Do we have the right metrics in place to drive success?
  • How can we coach the team for better performance?

Operations

  • How well is our lead generation working?
  • Are we easy to do business with?
  • Do we have the people and processes to support the sales?
  • Are we maximizing our capacity?
  • Are we meeting our revenue / units / margin goals?
  • What are our customers saying?
  • Do we have the right business intelligence to make informed decisions?
  • What can we improve this week?

 External Relationships

  • Who are our top customer? Who changed?  Who can we grow in the middle 60? Who do we fire>
  • Do we have the right strategic partners to help us add value to our customers?
  • Who else need to know about what we do?
  • Who can we be a resource for?

Self-development

  • What is my 30-60-90 day plan and is it focused on the goal?
  • Who can I use as a sounding board?
  • Who can hold me accountable
  • What books have I read in the last 3 months?
  • How can I help others in their personal lives?
  • What can we celebrate?

Your particular sales world will most likely involves a few more points or slight changes that are specific to you and your team, your company, your industry, and your market. You may be an owner in charge of the sales effort, a sales manager in a large company, or even an autonomous sales person that has to manage themselves.  Regardless, the sales management function still needs to perform and consistently addressed, these are the sales management fundamentals that will put you and your team in front of the pack and help you maximize the opportunities in the world around you.

The 5 Types of Sales Reps – Which One is Right for Your Business?

Innovation is difficult and innovations alone will not drive sales so who is on your team that can help you grow your business?  Do you have the right types of sales representatives for your efforts?  Can your sales efforts increase market share utilizing current resources?

What made your organization successful in the past may not be enough to maintain the current sales levels or even survive in the future.  Many companies are doing the same thing the same way with the same people and with the same customers.  Companies must evaluate their sales efforts and sales teams if they want to grow in this “new economy”.

In the book “The Challenger Sale” by Mathew Dixon and Brent Adamson published in 2011, the authors studied the skills, behaviors, knowledge, and attitudes that matter for high performance and developed five profiles of sales representatives including the identity of the most successful one.  It is a brilliant book that you should read if you are serious about taking your sales effort to the next level and stay ahead of the competition.

So what are the five different profiles and what is the most successful one?

The Hard Worker: This sales representative is always willing to go the extra mile, does not give up easily, is self-motivated, and interested in feedback and development.  21% of sales representatives fall into this category.

The Relationship Builder: This sales representative builds strong advocates in customer organizations, is generous in giving time to help others, and gets along with everyone.  21% of sales representatives fall into this category.

The Lone Wolf:  This sales representative follows their own instincts, is self-assured, and difficult to control.  18% of sales representatives fall into this category.

The Reactive Problem Solver: This sales representative reliably responds to internal and external stakeholders, ensures that all problems will be solved, and is very detail oriented. 14% of sales representatives fall in to this category.

The Challenger:  This sales representative always has a different view of the world, understands the customer’s business, loves to debate, and pushes the customers.  27%  of sales representatives fall into this category.

There is no doubt that the “Challenger” is the most successful of sales representatives studied.  The good news is that the characteristics and style of the “Challenger” representative can be taught and replicated in any organization.

Challengers do not lead with information, they lead with insights about how they can save money, increase revenues, or increase efficiency in their prospect’s or client’s business.  The Challenger teaches their prospects and clients things that they do not know and can use to improve their business.

Please feel free to contact us if you need help building challenger representatives in your organization for your selling efforts.

7 Sales Metrics and 7 Questions You Should Utilize for Sales Growth and Sales Coaching

In a recent seminar about “Building a Sales Management Function” that I was honored to facilitate, we talked about what metrics matter to an organization that wants to be forward thinking and use leading indicators instead of the traditional “Postmortem” metrics that most companies use.  Looking backwards is fine if you are alright with using your rear view mirror to drive forwards, but companies that are focused on sales growth should be using a different set of Metrics.  These seven metrics are both useful for production and for a sales management function to identify coaching opportunities for better sales performance.

These seven sales metrics are key to effective sales management for organizations focused on growth:

1.    #of  Face-to-face meetings with “new qualified targets” (not prospects or leads) regarding new opportunities
2.    # of two-way phone or email conversations with “new qualified targets” regarding new opportunities
3.    # of Face-to face meetings with existing clients regarding new opportunities
4.    # of two-way phone or email conversations with existing clients regarding new opportunities
5.    Amount of new opportunities added to their sales funnel
6.    The # of actions that moved existing opportunities through their sales funnel
7.    The amount of new business that closed from their sales funnel

These seven sales metrics will help identify how effective a sales rep is at both finding new business (volume) and moving business through the sales funnel (velocity).  These seven sales metrics will also provide your sales management function with the information and business intelligence they need to coach your sales rep for better performance once you bench-mark them.

What questions would you ask as a sales manager to coach your sales reps once you have bench-marked these sales metrics?

1.    How can we increase the average value of the new opportunities you find in new clients and existing clients?
2.    How could we decrease the length of sale from 6 months to four months?
3.    How can we increase the amount of opportunities in existing clients?
4.    What else do you need to help add volume to your sales funnel?
5.    What are the objections you are getting from clients and how are you navigating them?
6.    What do you need to do differently next week to get better results?
7.    How can I help?

You cannot manage want you do not measure and what you measure gets done, so what are you measuring and what else do you need to start measuring? A good sales management function will help their sales reps put money in their pockets so everyone is happy.   I guarantee your sales reps want to know the measuring stick and know that someone wants to help them.

Please feel free to contact me if you need help identifying what sales metrics makes sense for you to measure for growing sales and how you can start using them to improve your sales performance.

13 Free Sales Tools to Help Build Your Business

Having worked with these sales tools in my own business and helping my clients integrate these sales tools  into their own habits, I sometimes take it for granted that everyone knows about them.  These should not just be tribal knowledge and I hope these help you in your own selling efforts to the markets you are targeting.

Jigsaw is a user-generated database that is continually updated by its members.  It gives you the name, title, postal and email addresses and direct-dial phone numbers for individual contacts you can’t find directly.  This allows you to find the direct contact information for decisions makers you are targeting without going through the gatekeeper and wondering if you message is even being received.

InfoUSA is a sales tool available with just a library card through your library system.  Not only is this tool useful for finding information on your target customers, but it also give you a list of management names, their competitors, and their SIC and NAICS codes to be able to download searches for even more target customers that may not appear on other search tools.

MyBrainShark is a website that allows you create a voice-enriched multimedia presentation or podcast.  It also makes it easier for you to record your PowerPoint presentation for online display purposes.  This allows the market to view and hear your message and learn from your expertise 24/7.

FirefoxSuperSearch is like the the”Swiss Army Knife” of search engines. It allows users to perform web searches, people searches, reverse lookups, public records searches, due diligence and background research, using over 160 of the internet’s best search engines.  This allows you to learn a lot about your prospects and customers before you engage with them.

Google Analytics generates detailed statistics about the visitors to your website. It can track visitors from all referrers, including search engines, display advertising, pay-per-click networks, email marketing and digital collateral such as links within PDF documents or other downloads.   This will help you identify how your website is connecting with in your market and help you identify what content you need to change.

Xobni is a free add-on to Microsoft Outlook that turns it from an email system into a powerful sales tool. It creates another window in outlook that displays a profile of whoever sent you the currently highlighted email by grabbing that person’s photo and telephone number from LinkedIn, Facebook, or several other social networking sites. It also shows a string of communications that you’ve had with that person. If you use outlook, this is the easiest way to start “social selling” using all of the social media tools.

Hoovers is a database of companies and other organizations, which includes top level data on financials, strategies, competitors, key executives, market dynamics, and so forth. It’s built on a database of information on more than 30 million corporations and organizations, and more than 35 million people. This is a great place to learn about a customer or a competitor, without having to dig through the SEC reports.

Zoho CRM is a Customer Relationship Management tool that has all the features you’d expect in a world-class CRM product, including marketing campaigns, lead management, sales pipeline, forecasts, etc.  This will allow you to keep track of all of your opportunities and activities in one location and you can even have up to 3 people on the same system before you have to pay for it.  I have 3 clients using this currently as their first CRM tool and it works great for a sales management function.

Demandbase Stream is a nice little sales tool that works like a news ticker displaying information across the desktop about which businesses are visiting your Web site, along with their interests, and contact details for the most appropriate decision makers to contact for follow up. You can also flag existing customers, prospects, partners, and competitors, so that you’re aware when they’re doing something on your website.  This helps you act fast when someone is interested in what you have to offer.

Super Pages has proven useful for search for companies that are typically hard to find because they do not “fit” into a specific market segment.  You are able to search for companies in specific geographic areas using key words of the service they may offer.

LinkedIn continues to be a valuable sales tool for business development as more and more companies are joining and senior leadership begins to adopt it as a tool themselves.  Although they have removed some of the features since going public like Events and Answers, you can generate plenty of activity with a target audience by posting useful information to help your network or take part in discussions within the groups you belong to.  Make sure you join 50 groups that are relevant to your expertise, industry, and interests to get the most reach.  Chances are, if I do not know something, my network or fellow group members do and I get an answer very quickly.

Evernote is a great way to keep your projects and to-do list organized.  You can access it through both a desktop and your mobile device to add activities and make new notes when you think about them so you do not forget about them

Xmind is a mind mapping tool that helps you visualize strategic plans, build organizational charts, develop fish bone diagrams for processes, and even can be used to map a potential website site map.  This is a great tool for those of us who are more visual learners.

Please feel free to contact me if you need any help with these or just want my library card number.

10 Reasons your sales effort is complacent

Do any of these sound familiar to you?

  1. You do not have regular sales meetings.
  2. A member of your team quit and you have no CRM to access account information.
  3. You spend less than 60% of your time with customers.
  4. 20% of your selling efforts accounts for 80% of your sales.
  5. You recently lost sales because you did nothing.
  6. Your sales cycle is longer than last year.
  7. Your customers are buying less.
  8. Less than 25% of your sales come from new customers.
  9. You have seen less than 4 customers and prospects in the last week.
  10. You do not subscribe to any sales blogs or read any books on new ways of doing things.

If more than 3 of these reflect your organization’s selling function, you may want to consider making some changes to your selling processes, changes to your structure, changes to your compensation plan, and investing in some training.

Why can’t I close sales faster?

With sales cycles getting longer, understanding the problems you are faced with will help you change the way you sell for faster sales.

1.  Your sales process is not aligned with your prospect’s buying process.   Most companies design their sales process on how they sell to the market without regard to how the market buys from them.  If you start to think as a buyer, you would be able to identify potential obstacles earlier in the sale and develop solutions around them.

2.  You do not follow your process.  When you do not follow all of the steps when building a model or replacing your brake pads?  What if pilots and surgeons ignored their processes and checklists?  Experts say that it takes 10,000 hours to master your profession, so until then you should probably follow the steps.

3.  You have not created a sense of urgency by discussing “risk” with the buyer.  The best question you can ask if you feel an objection to your solution: “What is the cost of not doing this?”  If you can you’re your prospect that the rewards outweigh the risks, you will help them say “yes” faster.

What steps should you take to correct these problems?

1.  Define how your customer buys.  If you ask “What would you like to see from me to help you make your decision”, you will save a lot of time trying to figure out what they want.

2.  Have a goal for each and every sales call.   When you understand all of the stages a prospect goes through in their buying process, you can identify milestones that need to be met for the prospect to reach the next stage.  What needs to happen in your next call or meeting to make that happen to keep the sale moving?

3.  Talk about rewards with your prospects. Companies are always concerned with committing funds to something that is not necessarily tangible.  Help your prospect understand the opportunity costs of not saying “yes”.

By aligning the way you sell to the way your prospects buy, following a repeatable process, and helping the prospect see the rewards of saying yes, you will close sales faster.