Recently I was asked by a client what a best in class inside sales organization looks like. This got me thinking about all the companies I’ve worked with, and after a while I picked a client company in Canada that I believe is practicing the 5 crucial elements that define it as “Best in Class.” Before we get into these elements, here is what they do and how we started working together.
A little over a year ago, I met the C.O.O of a young company in Canada that sells HR Solutions over the phone to businesses across Canada. This company was already doing well and had been designated one of the fastest growing companies in 2010. They had a team of about 35 inside sales reps and in each of their first two years they had broken new sales records. When we met over the phone, the C.O.O. told me that they had accomplished this without any official sales structure or training and he was anxious to see what kind of growth he could accomplish by implementing proper systems and sales processes.
After an initial evaluation, we identified several key areas that we could improve and after working together for several months, we implemented the following 5 elements that would ensure his company’s continued growth and their “Best in Class” status. Here they are:
Number One: The first thing we worked on was defining his sales process. As is the case in most sales rooms, of the 35 sales reps prospecting and closing accounts, there were about 35 different ways this was being done. It took some reps 2 calls to close a deal, while other reps needed to make 4, 5 and even as many as 8 calls to close deals.
In addition, while interviewing the reps I found that there were vastly different opinions on what was needed to close a sale. Some felt that extensive emails and information was important for gaining trust and closing the sale, while others used a demo of the website to sell a prospect. Still others relied on referrals from others within the prospect company, while others couldn’t tell me what the deciding factor was. They said they just sent out information to whomever appeared to be the decision maker and then hoped for the best.
So the first thing we needed to do was to look at how the top 20% of their sales reps were prospecting and closing sales and then standardize those successful techniques into a best practice structure. We started by indentifying the bench marks in each step and then used these to define the most effective sales process. I call this building the DSP (for Defined Sales Process), and once we had that in place, we could then develop a scripted sales approach that their entire team could use to be more effective.
Number Two: Once we had the DSP constructed, we then needed to take these best practice steps and benchmarks and turn them into a useable, repeatable scripted playbook. In other words, we took each step of their best practice sales process – starting with dealing with the gatekeeper, to identifying he decision maker, building rapport, qualifying, etc. – and we scripted, word for word, each part of the sales process out.
Taking the time to comprehensively script out each part of the sales process – including best practice voice mails, emails and complete objection handling – allowed them to equip each sales rep with the most effective way of handling the sales situations they were in 80 to 90% of their day. By developing and subsequently practicing a uniform and proven sales approach, the reps were able to qualify better prospects which allowed them to close more deals in a shorter period of time.