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Where are all the
  Sales Hunters?

           Joe Zente
Z3 Performance Development, Inc
Recent Questions from
  Successful Business Leaders
If my Salespeople performed well last year,
why aren’t my forecasts looking better today?
Is my Sales Team composed of the Right
People for this Slowing Economy?
How can I create profitable growth and
consistency while protecting my company
from risk?
More Common Questions

How do we Identify, Locate and Recruit
Winners? Where are all the HUNTERS?
If I have Good Salespeople, is Sales
Management Really That Important?
Assuming we have some of the right people,
WHAT CAN I DO TO FIX THINGS NOW?
The enemy of GREAT is
        Good
         - Jim Collins
The UnCommon Sense ©
  Formula for Success

Step One:   Diagnostics

Step Two:   Processes
  • Sales
  • Sales Management
  • Sales Recruiting
Process (pro’ ses) n

A series of actions that bring about
 a particular result.
Are YOUR Salespeople…
•   Consistently Exceeding Revenue Goals?
•   Upholding Margins?
•   Forecasting Accurately?
•   Reporting Effectively and Timely?
•   Contributing to the overall TEAM effort?
•   Generating enough NEW business?
•   Providing you with an excellent ROI?
The Statistics Aren’t Pretty

Less than 10% of people seeking jobs as
Salespeople today will be able to provide your
company with an acceptable ROI.
“Sales force turnover rates vary from industry to
industry and firm to firm, but research finds average
industry sales force turnover rates as high as 53%.”
                                  www.bnet.com
Are you seeking Order Takers or people
who hunger to Hunt for NEW Business?
  24% of candidates will not prospect—AT ALL
  8% of candidates score well enough to be
  considered Hunters
  1% have the complete Hunter Skill Set


   data based upon evaluations of 350,000 candidates
The Bare (Hunter) Necessities

                     Hunter Attributes                 Present
  Prospects Consistently

  Gets Past Gatekeepers

  Gets To Decision Makers
  Gets Appointments When Prospecting
  Receives Plenty of Introductions

  Will Prospect

  Has No Need For Approval
  Recovers From Rejection
                                         % of Traits    37%
Typical Sales
    Candidate
  possesses only
     27-52%
of Hunter Attributes
And what about CLOSING?

45% will not close
Less than 1% have the complete set
closing attributes
The typical candidate will possess less
than 23% of closing attributes
The GREAT News for You!


Over 80% of private companies rate
their ability to hire and retain effective
salespeople as “poor”
Recruiting and Hiring Sales Superstars
   TRADITIONAL                  EFFECTIVE
    (Subjective)         (Objective-Behavioral)

 ♦ Resume                  ♦   Identify
 ♦ Interview               ♦   Search w/PreScreen
 ♦ “Record of              ♦   TEST (Custom)
   Accomplishments”        ♦   Qualify (dual phone)
 ♦ Industry Experience     ♦   Panel Interview
 ♦ Past Earnings           ♦   Hiring Interview
Identify

What is it about your
 business that makes
 it difficult for a
 salesperson to
 succeed?
Search
Start with a HUGE candidate pool
Be patient (Over-Achievers ONLY)
Killer AD
– Must Have…
– Should Have…
– What is DIFFERENT about it?
– Hunters love a Challenge
Search
Postings
- Frequency
- Variety
     - Jobsites
     - Geographies
     - Industry/Classification
-   Remove the Fluff
-   Don’t make it so easy
Qualify

Use Criteria from Identification Step
– Hunter? Farmer? Closer?
– Channel Manager or Direct Sales?
– Phone Sales or Face to Face?
– Sales Cycle
Qualify
Keep it BEHAVIORAL
Use a Score Sheet
– Selling Skills
   •   Experience Meets Criteria
   •   Technical Background
   •   Closer
   •   Handles Putoffs?
– Phone Skills
   • Articulate, Warmth, Presence, Rapport
Different Ways to Evaluate Salespeople




            • Psychological Tests
            • Personality Tests
            • Behavioral Tests
            • Aptitude Tests
            • “Will Sell” Test
Test

An OBJECTIVE View
of a Salesperson’s:

–   Competencies
–   Conditions
–   Hidden Weaknesses
–   Priorities
Interviewing
The Voices in Your Head…

   Need For Approval
   Fear of Rejection
   Call Anxiety
   Perfectionism
   Performance Anxiety
More Limiting Self-Talk

 The Money Weakness
 Emotional Involvement
 Buy Cycle
 Overbearing Ego
 Head Trash
Who am I REALLY about to hire???
Voices Can Cost a Fortune!
       Hidden            Improvement if
      Weakness             Overcome


      Buy Cycle               50%


   Need For Approval          35%


  The Money Weakness          40%


 Emotional Involvement        40%
Benefits of Using a
    Sales Recruiting Process
Repeatable         Proactive, Not
Measurable         Reactive
Scalable           Trainable
Manageable         Predictive
Improvable         Efficient
                   Effective
More About Assessments…

Sales and Sales Manager Diagnostics
Existing Employees or Candidates
The Executive Summary and The
Management Overview---The ROADMAP to
Upgrade Your Sales Team
A HUGE opportunity for you to generate
more profitable revenue
On Boarding
•   Create a 90 Day Plan
•   Demonstrate a Clear Path to Success
•   Demand Execution of the Basics
•   Communicate CLEARLY
     • The Revenue Goal
     • Specific Activities
     • Reports
     • Meetings & Schedules
     • Preparations
     • Communications
Keys to Effective Recruiting
Recruit Regularly
Recruit Often
Recruit Effectively
– Develop a Gigantic Candidate Pool
– Question First, Educate Later
– Use an Objective, EEOC Process
– Make the Process BEHAVIORAL
– Remove Bias--Use an Effective Test
– Use a Proven On-Boarding Process
How do I Begin?

Raise Your Expectations and COMMIT to having
the Best Sales Force in Your Industry
Adopt an Effective, Objective Sales Recruiting
Process
Use the UnCommon Sense Formula For
Success to Upgrade Your Sales
No need to re-invent the Wheel, so CHOOSE
TO BE GREAT and START TODAY!!!
Lost opportunities cost big money-
          GET STARTED TODAY!

“I don’t know anything about music, but in my line you
   don’t have to.”   Elvis Presley


“Great Organizations demand a high level of
  COMMITMENT by the people involved” Bill Gates
Continued Success!!!
  Z3 Performance Development, Inc.
            Austin, Texas
           www.zthree.com

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Where Are All The Sales Hunters Oct08 Slides 1 37

  • 1. Where are all the Sales Hunters? Joe Zente Z3 Performance Development, Inc
  • 2.
  • 3. Recent Questions from Successful Business Leaders If my Salespeople performed well last year, why aren’t my forecasts looking better today? Is my Sales Team composed of the Right People for this Slowing Economy? How can I create profitable growth and consistency while protecting my company from risk?
  • 4. More Common Questions How do we Identify, Locate and Recruit Winners? Where are all the HUNTERS? If I have Good Salespeople, is Sales Management Really That Important? Assuming we have some of the right people, WHAT CAN I DO TO FIX THINGS NOW?
  • 5.
  • 6. The enemy of GREAT is Good - Jim Collins
  • 7. The UnCommon Sense © Formula for Success Step One: Diagnostics Step Two: Processes • Sales • Sales Management • Sales Recruiting
  • 8. Process (pro’ ses) n A series of actions that bring about a particular result.
  • 9. Are YOUR Salespeople… • Consistently Exceeding Revenue Goals? • Upholding Margins? • Forecasting Accurately? • Reporting Effectively and Timely? • Contributing to the overall TEAM effort? • Generating enough NEW business? • Providing you with an excellent ROI?
  • 10.
  • 11. The Statistics Aren’t Pretty Less than 10% of people seeking jobs as Salespeople today will be able to provide your company with an acceptable ROI. “Sales force turnover rates vary from industry to industry and firm to firm, but research finds average industry sales force turnover rates as high as 53%.” www.bnet.com
  • 12. Are you seeking Order Takers or people who hunger to Hunt for NEW Business? 24% of candidates will not prospect—AT ALL 8% of candidates score well enough to be considered Hunters 1% have the complete Hunter Skill Set data based upon evaluations of 350,000 candidates
  • 13. The Bare (Hunter) Necessities Hunter Attributes Present Prospects Consistently Gets Past Gatekeepers Gets To Decision Makers Gets Appointments When Prospecting Receives Plenty of Introductions Will Prospect Has No Need For Approval Recovers From Rejection % of Traits 37%
  • 14. Typical Sales Candidate possesses only 27-52% of Hunter Attributes
  • 15. And what about CLOSING? 45% will not close Less than 1% have the complete set closing attributes The typical candidate will possess less than 23% of closing attributes
  • 16. The GREAT News for You! Over 80% of private companies rate their ability to hire and retain effective salespeople as “poor”
  • 17.
  • 18. Recruiting and Hiring Sales Superstars TRADITIONAL EFFECTIVE (Subjective) (Objective-Behavioral) ♦ Resume ♦ Identify ♦ Interview ♦ Search w/PreScreen ♦ “Record of ♦ TEST (Custom) Accomplishments” ♦ Qualify (dual phone) ♦ Industry Experience ♦ Panel Interview ♦ Past Earnings ♦ Hiring Interview
  • 19. Identify What is it about your business that makes it difficult for a salesperson to succeed?
  • 20. Search Start with a HUGE candidate pool Be patient (Over-Achievers ONLY) Killer AD – Must Have… – Should Have… – What is DIFFERENT about it? – Hunters love a Challenge
  • 21. Search Postings - Frequency - Variety - Jobsites - Geographies - Industry/Classification - Remove the Fluff - Don’t make it so easy
  • 22. Qualify Use Criteria from Identification Step – Hunter? Farmer? Closer? – Channel Manager or Direct Sales? – Phone Sales or Face to Face? – Sales Cycle
  • 23. Qualify Keep it BEHAVIORAL Use a Score Sheet – Selling Skills • Experience Meets Criteria • Technical Background • Closer • Handles Putoffs? – Phone Skills • Articulate, Warmth, Presence, Rapport
  • 24. Different Ways to Evaluate Salespeople • Psychological Tests • Personality Tests • Behavioral Tests • Aptitude Tests • “Will Sell” Test
  • 25. Test An OBJECTIVE View of a Salesperson’s: – Competencies – Conditions – Hidden Weaknesses – Priorities
  • 27. The Voices in Your Head… Need For Approval Fear of Rejection Call Anxiety Perfectionism Performance Anxiety
  • 28. More Limiting Self-Talk The Money Weakness Emotional Involvement Buy Cycle Overbearing Ego Head Trash
  • 29. Who am I REALLY about to hire???
  • 30. Voices Can Cost a Fortune! Hidden Improvement if Weakness Overcome Buy Cycle 50% Need For Approval 35% The Money Weakness 40% Emotional Involvement 40%
  • 31. Benefits of Using a Sales Recruiting Process Repeatable Proactive, Not Measurable Reactive Scalable Trainable Manageable Predictive Improvable Efficient Effective
  • 32. More About Assessments… Sales and Sales Manager Diagnostics Existing Employees or Candidates The Executive Summary and The Management Overview---The ROADMAP to Upgrade Your Sales Team A HUGE opportunity for you to generate more profitable revenue
  • 33. On Boarding • Create a 90 Day Plan • Demonstrate a Clear Path to Success • Demand Execution of the Basics • Communicate CLEARLY • The Revenue Goal • Specific Activities • Reports • Meetings & Schedules • Preparations • Communications
  • 34. Keys to Effective Recruiting Recruit Regularly Recruit Often Recruit Effectively – Develop a Gigantic Candidate Pool – Question First, Educate Later – Use an Objective, EEOC Process – Make the Process BEHAVIORAL – Remove Bias--Use an Effective Test – Use a Proven On-Boarding Process
  • 35. How do I Begin? Raise Your Expectations and COMMIT to having the Best Sales Force in Your Industry Adopt an Effective, Objective Sales Recruiting Process Use the UnCommon Sense Formula For Success to Upgrade Your Sales No need to re-invent the Wheel, so CHOOSE TO BE GREAT and START TODAY!!!
  • 36. Lost opportunities cost big money- GET STARTED TODAY! “I don’t know anything about music, but in my line you don’t have to.” Elvis Presley “Great Organizations demand a high level of COMMITMENT by the people involved” Bill Gates
  • 37. Continued Success!!! Z3 Performance Development, Inc. Austin, Texas www.zthree.com