How to hire a Good Sales person?
How to Hire a good Sales Person.
Sales is the oxygen of a product marketing company.
Organizations succeed when sales and revenue targets are met. When sales aren’t
firing from all its cylinders the organization is saddled with lower capacity
utilization and higher fixed cost, higher inventory of finished goods / raw
material and fully utilized working capital limits. In such a situation the sales
team end up attributing the weak results to (m)any of these - Aggressive
competition, Higher market spends & promotion schemes, Better advertising and
spend, Superior competition product.
Under these circumstances, crafted strategy often ends up with
recommendations such as redesigning sales incentives, increase the sales head
count, increased advertising spend, higher discounts and attractive payment
terms. All of these are usually the right levers to play and might yield results
but end up draining the organization resources when the “Sales team” is weak. A
weak sales team ends up producing mediocre results and poor revenue realization.
Signs of a weak sales team include, higher dependency on leads from
advertising, lower lead to sales conversion, higher discounts, higher
advertising, aged inventory, unfulfilled promise to customers, higher incentive
per unit sold and higher product sampling cost.
Therefore “How do we hire right sales people”, “What makes
them exceptional”, “How to spot them in interviews”, “How do I retain them” are
some of the challenges many organizations are battling. If they know what makes
a great sales person, one can check if they fit that description. But if they don’t
know the traits of a great sales person, they might be punting than hiring
right.
Experienced and high performing Sales leaders ask a simple question,
to a potential sales candidate - “What are the five qualities that best describe
you as a Sales Person”
Usually the average candidates describe themselves as (m)any
of these “Disciplined, Persistent, Probing, Follow Up, Innovative, Energetic,
Hardworking, Reliable, Strong on Communication, Builds Relationship, Customer
Oriented, Convince Clients, Analytical, Punctual, Honest, Pleasing personality”.
But do these make a great sales person? In today’s world, many of these are
hygiene. So, what are the five important qualities that one must look for?
1.
Result-Oriented:
A good sales person lives for his/her targets. He / she is constantly
focused on meeting or exceeding their targets. This leads to spending more time
on the field and meet more clients. They wake up with their targets in mind and
go to bed thinking how to achieve their targets. It is the result-oriented
mindset that drives them restlessly. They look for new opportunities and often
end up creating more opportunities than rest of the pack. Not achieving their targets
is unacceptable and they always want to be recognized in all Sales meetings. It
is the result-oriented approach which brings in unique solutions during
difficult times.
2.
Planning:
Planning is otherwise called being pro-active. Target achievement is all about
planning, how to achieve one’s target, what is the prospect / order - pipeline,
how many leads should I aim for, which product and geography should I focus,
where is the demand, how do I leverage my promotional discounts, where to give
more and where to give less discounts etc. Good planning leads to better
execution. Well planned sales process will bring in sales every week in steady
proportion and end up achieving their targets. They are usually the first to deliver
in the first week. They don’t wait to deliver at the end of the month and there’s
no huffing and puffing.
3.
Analyze Customer
Needs: Sales happen when customers end up liking the sales person. People
do business with those who they trust. So how does trust develop? Trust
develops when the sales person asks leading questions to understand the client
needs. Questions open the doors. Good sales person spends more time on understanding
the client needs and offer products or solutions that meet them. The quality of
questions and the ingenuity to probe client needs, leads to a better buying experience
for the client and differentiation compared to competition. Fantastic probing
often leads to a client realization of a need, that he/she had but never recognized.
4.
Knows the
Product: Once they know the client needs, a right product and its
explanation can lead to a sale. Pitching the right product is the path to
closure. However, the right product recommendation comes only when there’s thorough
knowledge of the product, its features and benefits. Strong product knowledge
will assist the sales person to explain, how this product meets their needs. During
this process of product explanation, customers often compare it with competition
and try to seek more answers through comparison. It is at this stage that the
sales person maneuvers well without belittling competition. It is not enough if
the sales person knows his/her product well. He/she should also know
competition well, better than what they know about their own product.
5.
Customer
Centric: Being customer centric is about being genuinely caring for the
customer and their experience. One would come across as customer centric, the
moment they have suggested the right product for the customer. Customer
centricity is about being candid, genuine, warm, polite, concerned, responsive
for the customers and being proactive with customers. It is the art of putting
customers first and creating value for them.
It is these five qualities that makes a sales person
successful. One might wonder, why higher revenue realization per sale is not
considered a virtue in the above five qualities? Not giving discounts is an
outcome. Discounts are often a mismatch between Price Vs Value. When the sales
process and engagement of a customer is thorough, wherein the sales person
understands the needs, positions the perfect product, explains how it meets
their needs and comes across as customer centric, customers would see value in
this buying process. When customers see value, they are overwhelmed and already
start feeling the want to own the product and are connected emotionally.
So, go ahead and look for these qualities. Ask them to
describe and you will be able to pick the right people basis these qualities. Build
a strong sales team and compromising this, is compromising results.
K. Subramanian.
03/07/2018
(The author
is the founder of Drawing Board Advisory and Consulting Services, based at
Bengaluru. Views expressed are personal. He can be reached at
subbu@drawing-board.in)
Excellent article subbu sir. Really very interesting insights.
ReplyDeleteHope you write many more on this.
Regards sunny kaul
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