For many businesses, the "gap" between their marketing and sales departments might as well be the Grand Canyon. Marketing and sales aren't on the same page. They live in "siloed" spaces — and they don't even like each other! If you're facing such a challenge within your organization, then you're far from alone. The question is: Why is there a gap between these two departments? Ultimately, their goal is the same: to win customers and close sales. Yet, they often seem to be at odds with one another. Let's dig a little deeper, and see if we can discover some reasons why the gap exists. Discrepancies in Time and Space While there could be several reasons why your marketing and sales teams aren't in alignment, two of the most common ones have to do with what we'll call "discrepancies in time and space." Here's what we mean by that: 1. Time Sales reps often view time very differently from marketers. For them, speedy results are critical. They have quotas to meet, deals to close, and precious little time to do it! In contrast, marketers often take a more long-range view of the buyer's journey. They're interested in deploying tactics that may not have immediate results, but will have a cumulative effect on their target audience. 2. Space The sales and marketing teams occupy very different spaces — literally and metaphorically. They often come under the oversight of different managers, have different goals, and interact with customers in two completely different ways. For instance, sales reps spend a lot of their time working with prospects that are in the later stages of the sales funnel. On the other hand, marketers may spend more time interacting with existing customers as part of focus groups. When you combine these two factors, it's easy to see why a gap could exist between marketing and sales. Traditionally, they live on different (and sometimes competing) schedules, and see the consumer base from vastly different perspectives. Listen to Gretchen Lehman of The Carruthers Group and I discuss this topic in this video clip. How to Bridge the Gap Of course, knowing why the gap exists isn't going to change things in and of itself. The question is: How can you bridge that gap, and successfully integrate marketing and sales? Here are three basic tips that can help:
True, bridging the gap between marketing and sales may be easier said than done. However, with some time, forethought, and patience, you'll be able to successfully do so, and align the strengths of both teams toward sustainable growth. If you'd like more insights on how you can improve your sales leadership, contact us. Or sign up for our newsletter for more valuable resources. A solid sales pipeline is a key component for any successful business. Of course, one of the key objectives for a new business or startup is to build that pipeline and fill it with leads. In most cases, that means you'll need to hire a new sales rep — mainly because you won't be able to handle all the sales duties on your own! Still, you may wonder: "Can I really afford to hire a new salesperson? How will I maintain my profitability with that added expense? Why should I bring another team member into the fold?" Let's discuss the answers to these questions in the information below. Why Some Hesitate to Hire a New Salesperson The decision whether to hire a new sales rep often presents a challenge for small business owners and entrepreneurs. On the one hand, you absolutely need sales reps to bring in more revenue. On the other hand, you need revenue to pay your sales reps' wages. The whole thing has a hint of the "chicken or the egg" dilemma about it. With that in mind, it's understandable why some business owners would hesitate to hire a salesperson to help grow their revenue stream. They may feel that, at the moment, they simply don't have the revenue stream to cover the expenses associated with a new hire: salary, insurance, training, equipment, etc. Granted, it is important to have enough money in the bank to cover the cost of a new hire (between 6 months to a year's worth of salary is recommended). However, this is a key point to remember: At the start, building up your sales force is a balance sheet spend, not an income statement expense. Simply put, it's important to think of a new hire as an investment that will yield returns several months in the future. If you have enough available cash to make the hire, then you should consider doing so right away. Watch this short clip from an interview I did on this topic with Don Myers, Master Chair at Vistage Worldwide. How to Hire the Right Sales Rep Even if you have plenty of overhead to work with, this is the million-dollar question: How Can you find the right sales rep for the position? Here are seven tips that can help: 1. Look for a candidate who will fit your culture. This is especially important for small businesses and startups, since your culture may encompass only a handful of people at the moment. If you introduce a "disruptive force" into the equation early on, it could derail the efforts of your entire team. True, credentials are important. However, you want someone who will not only "play nice with others," but also shares the same core values and sensibilities that your company has. 2. Determine their level of knowledge in your industry. If the candidate already has a robust understanding of your industry, then there will be less of a learning curve for them as they adapt to your sales process. On the other hand, someone with zero experience in your industry will need that much more training. (Think of a sales rep who spent years in the automotive industry switching over to a marketing role for health and beauty products.) It's important to note that a good candidate may not need a background in sales, specifically. For example, they may have experience in fields like business development or marketing. The main thing is that they understand your product, and can sell it in a way that makes sense to them. 3. Find someone who's willing to work hard. This goes without saying, but any sales position involves a lot of hard work, perseverance, and resilience. Even though working with a small business or startup often contains an element of excitement, you'll want a salesperson who's willing to get down in the trenches and deal with the "daily grind" of reaching out to and qualifying prospects. 4. Look for a candidate who really enjoy sales. Any decent sales rep needs to be a "self-starter" when it comes to making just one more call, sending just one more email, and reaching out to just one more prospect. Reps who aren't natural-born salespeople can do it, with effort (and some coaching). However, in the earlier stages of your venture you'll want someone who really loves the thrill of selling to others, and thrives as a communicator. 5. Discern the candidate's level of confidence. Confidence is key to being a successful salesperson. After all, if you can't convey absolute belief in the benefits of your product, how can you persuade others to believe in it? In addition, sales reps have to wade through a lot of "no's" before they get to that "yes" they're looking for. A top-performing sales rep will maintain their self-confidence despite the number of rejections they have to face on a daily basis. Bottom line? If you're serious about capturing more leads and growing your revenue stream, then you need someone with a healthy amount of confidence — in themselves, and in the product. 6. Seek out a candidate who's willing to learn and adapt. Every new business will have its hiccups and growing pains. Your new salesperson will have to be adaptable, and willing to learn (and re-learn) their duties as the company grows and expands. It only makes sense that the ideal candidate would be ready and willing to roll with the punches, and keep moving forward. 7. Look for someone with a proven track record. The sales industry is tough, and there's no guarantee of success on any given day. For that reason, you'll want to bring someone with a proven track record of success onboard — either in sales, marketing, or a related field. Success breeds success, and you want to surround yourself with salespeople who have what it takes to move the needle. In Summary In summary, if you view your new sales hire as a necessary investment for future growth, and find the right person for the job, then you'll almost certainly start seeing good results within a year or less. At the end of the day, your sales performance will be better than ever, and you'll bring in more revenue than you did before. Who could ask for more? If you'd like more insights on how you can improve your sales leadership, contact us. Or sign up for our newsletter for more valuable resources. Is your entire sales process built around "solution selling?" Or do you solution sell at least part of the time? If so, then it's important to demonstrate to your prospect that you can create real value for them. Show you're committed to finding not just a solution, but the best possible solution to their problem. One great tactic that can help you take your solution selling to the next level is called the "trial balloon." Let's talk about how this simple, proven construct can really propel your conversations forward, and aid in your value-creation proposition. What is the Trial Balloon Strategy? The term "trial balloon" originated during the 1700s. The Montgolfiere brothers in France were striving to create a working hot-air balloon. Obviously, they didn't want to risk life and limb by taking off in a hot-air balloon without some assurance that it would actually stay aloft! Thus, they sent up trial balloons to test their design before finally committing to a journey of their own. In marketing terms, the basic concept is the same. The trial balloon strategy is a technique in which you put an idea "up in the atmosphere," and see what your prospect thinks about it. Most prospects don't want to quickly commit to a contract or agreement unless they first have some assurance that they'll get real value in return. As you "float" ideas to them, and they see the value in your ideas, their trust in you will gradually grow. This process gradually gets you much closer to a final sale. How Does It Work for Solution Selling? It's important to realize that sending up a "trial balloon" for your prospect may require some quick pivoting on your end. After all, if your prospect isn't enthusiastic about one idea, then it's vital that you transition to another idea before they lose interest completely. (This is why you should always have multiple ideas in your arsenal, especially in the initial stages of your relationship with the client.) So how exactly does the trial balloon technique work? Here's one possibility: Imagine you're talking to a new prospect named Rick. He's already told you about the main pain points he wants to address. You could say something like: "Thank you for sharing your situation with me. I really appreciate your straightforwardness. I do want to create some value for you, and I have some ideas. So what I'd like to do is get my team together, sit down with you, and share these ideas before we finalize a proposal. I just want to make sure that I'm on the same wavelength as you. Would that be okay?" Nine times out of 10, Rick is going to say "yes" to your suggestion. Then, after you and your team have strategized on which ideas to present, you can share those with him. Trial balloon ideas are like rungs on a ladder that ultimately lead to a sale — the more ideas Rick likes, the easier it will be for you to provide him with a customized solution to his problem. Each step increases the possibility that he'll do business with your company. Watch me explain this concept in this video tutorial. Trial Balloons Work at Every Stage in the Buyer's Journey The great thing about trial balloons is that they work all the time! Whether you're dealing with a current client, or with someone who's just entered your funnel, you can always use this technique to get a pulse on where they are, and what they're looking for. A "trial balloon" strategy should be part of your consultative selling toolbox. If you make good use of this technique, you'll almost certainly see your sales performance improve dramatically. If you'd like more insights on how you can improve your sales leadership, contact us. Or sign up for our newsletter for more valuable resources. |
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