Developing a Powerful Sales Culture

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Hopefully you’ve taken the time to explain the jobs of your sales team and sales management. It’s a valuable exercise. Now you get to evaluate sales team strategy and culture. In spite of your methodology half your sales representatives currently perform below average. Fifty percent are performing below average! Think of that. It’s an incontrovertible fact. So why even assess the team? Simply put, to sell more.

Successful selling organizations encompass three components; investment, activity and results. The primary component is the investment within the sales team. The investment is measured in compensation, benefits, computers, software, training, hiring, meetings, sales material, phones and other related expenses.

The second element is the activity of the investment. Face-to-face meetings, travel, preparation, telephone calls and administration comprise the second one element. The third, and vital, component stands alone; results. What number sales were generated? Profits? Current market share?

The glue that binds the 3 distinct parts includes your people, culture and customers. Is there a career path for salespeople? What’s your turnover rate? Who’re the sales heroes? What’s driving the team to reach?

The best sales managers and sales teams recognize four productivity drivers.

1. Sales research-information with regards to market trends, target markets, customers, trends, etc.

2. Investment and organization-size, structure and deployment of sales team lets you get definitely the right people on the right place on the right time.

3. People-selection, training, managing, motivating, evaluation and termination.

4. Sales systems and processes-compensation, incentives, benefits, internal support, etc.

Tests and surveys remain the simplest solution to assess salespeople. Companies rarely assess sales management instead counting on results to establish effectiveness.

A successful selling organization operates in a progressive culture. What’s a culture? That’s best answered by the subsequent story.

Six apes were placed in a room with a ladder. a group of bananas hung from the guts of the room. One ape began to climb the ladder for the fruit and the full room was showered with cold water. This happened once or twice until any ape that wandered near the ladder was beat up by other apes. a brand new guy replaced probably the most original apes. The recent guy, desirous to be a hero, headed for the ladder and received an intensive beating. He learned to not go near the ladder. Eventually every body of the unique apes was replaced. The beatings continued. The replacement apes were unaware why they were prohibiting others from going near the ladder. They only knew the ladder was off limits.  

That’s a culture. Are there any new apes to your team following old practices without knowing why? Cultures evolve through the years and their origins are rarely known. Does your sales team have a culture? I bet it does. Is it a tight one? Sales cultures include three elements:

¨ Norms-how individuals actually behave.

¨ Values-how individuals should behave.

¨ Work styles-diligent, tardy, professional, thorough, detailed, casual?

Changing negative cultures represents a major challenge but is mandatory…with the intention to stay in business. Everyone is the agents of change and needs to be supported by management. Who’re the heroes of your sales team? How long have they been the dep. hero and for what reason? Knowing these answers may also help you assess your culture.

You must first formulate your vision of the sales team and evaluate all key contributing factors. Great companies communicate their vision clearly and usually with all sales related personnel. Don’t leave anyone out that is available in contact together with your sales team.

Next, you have to put your vision in action by rewarding individuals for acting in concordance together with your vision. It is a process not a destination but because it evolves your sales increases and profits will soar.

This takes courage. You would like to ask and answer tough questions. Dedication to a much better selling team is needed. Don’t quit until your vision is clarified, communicated and results in rewarding the winners.

“Only the wisest and stupidest of fellows never change.”
Confucius

Spring Brings Increased Sales on Trendy Accessories and Fashion Jewelry

As Spring 2009 arrives with the promise of change, everyone is embracing hope that the dark cold economic cloud of winter has passed. Shoppers are holding on tight to their wallets, yet still want to make a “feel good” purchase. To take action while staying within their budget, items with cheaper price tags, particularly those under $ 20 seem moving the coolest. Whether it’s a brand new shade of lipstick, a sparkly lip gloss, or fashionable peace sign jewelry; women and teenagers are reaching for something to make themselves feel good. Wholesale fashion jewelry sales are experiencing a sales boom, as retailers move quickly to incorporate this hot category of their stores. Gone are the times of spending $ 250 plus on a brand new pair of designer jeans; or a $ 300 brand label hand bag. Here now are the times when every dollar must account for something, purchases ought to be versatile, have some “wow” factor and yet fit a slightly tight and often overstretched budgets.

Accessory sales are way up. From a brand new belt, bracelet or pair of earrings, shoppers want to accent their wardrobes. Add a touch of color and tie into the brilliant shades of Spring. Accessories have to be capable of accommodate several different outfits; comparable to a crystal peace sign necklace worn over a blouse within the office; which may even be worn with a lower neckline within the evening in addition. Items reflecting their recession proof nature, equivalent to cost-effective cosmetics, e.g., Lip Gloss, also are doing quite well. MAC makeup reports their under $ 18 lipstick sales are doing extremely well. Other companies like JC Penny’s have also seen their value driven accessory sales grow.

Recently, merchandising consultant Andrew Beauchamp, commented at a symposium of SPECIALTY RETAIL Professionals, that “the retailing industry is predicting an increase in accessories sales over the following 5 quarters”. Given this anticipated sales growth, companies handling popular trend items, comparable to peace signs, color changing MOOD jewelry, and Crystal Fashion Glitz, are experiencing a powerful growth of their wholesale fashion jewelry lines. Mr. Beauchamp went directly to note how major corporations are working feverishly hard to include these moderately price fashion trend items into their stores, citing the instance of Banana Republic who’s looking to open a sequence of value driven accessories concept stores.

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