Tag Archive | Increased Sales

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.

4 Critical Questions to Answer for a Fast Marketing ROI

Your marketing funds are decreasing, your usual marketing efforts are producing fewer sales, your marketing message has not changed in years, and your client base is shrinking.  You need a marketing makeover that will produce results quickly.

A quick exercise with your executive team can produce fast results by answering four questions about your business.

  • Who are your ideal clients?
  • What do they want?
  • How do they buy?
  • How do they want to be communicated with?

Answer these four critical questions and you will be able spend your marketing funds more efficiently and realize a higher return on your marketing investment because you are reaching your targeted audience with a specific value proposition that will call them to action.

Every Company has Low Hanging Fruit

The question “How do we grow sales quickly?” is asked in every business on a weekly basis.  The easy answer for us is that you would not have to ask that question if your sales function was doing three simple activities on a regular basis.

Asking for additional business from existing clients

When was the last time you met with your top clients to review the current business you were doing with them, showed them what else you could do for them better than others, and asked what they were planning that you might be able to help them with?

Asking for referrals from existing clients

Your clients have stayed with you for a reason.  When was the last time you asked them who they knew in the industry that you could help as well and who else they do business with where you might be a fit?

Asking for new business from other “ideal” future clients

Can you identify your best clients and why you have been able to be a partner with them?  Take your success and replicate it by producing a marketing piece about why people do business with you and send it to other “ideal” prospects with a call to action about engaging you.

These simple activities are often overlooked because businesses get caught up in their business and do not focus on them.  Make these activities part of your regular sales meetings and their will be no need to have conversations about how you can grow sales quickly.