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Sales Training for Success, Coaching for Life.
lushin.com / 317-846-9200




                Why Salespeople Fail
                      Presented by Brian Kavicky
                       Lushin & Associates, Inc.
Sales Training for Success, Coaching for Life.
    lushin.com / 317-846-9200




                                            Agenda for Webinar

• What do we define as failing?
• What are the reasons for failure?
• Some ways to quickly get things
        on the right track.
Sales Training for Success, Coaching for Life.
    lushin.com / 317-846-9200




                                                     Salespeople Fail

Salespeople struggle because they…

        • Chase poor prospects too long instead of looking for new business
        • Keep discounting to win business and it’s affecting the bottom line
        • Have low close ratios and long sales cycles that impact your cash flow
        • Do too much unpaid consulting wasting your valuable resources
        •Tend to be more of a professional visitor than a salesperson
Sales Training for Success, Coaching for Life.
   lushin.com / 317-846-9200




                                                    The Salesperson

What must a salesperson actually do to close the sale?
 • Must interrupt the way people buy to gain control of the sales process.
 • Must define and facilitate the decision making process to assist
     the buyer.
 • Must uncover the compelling reasons to buy.
 • Must qualify the prospect and ensure that they are the right customer.
 • Must create urgency to decrease the sales cycle and clarify the timeline.
Sales Training for Success, Coaching for Life.
lushin.com / 317-846-9200




                                                       The Buyer

Meanwhile the buyer…..

       •     Is hiding what their true motivators are
       •     Plays cards close to the vest
       •     Doesn’t want to commit to anything
       •     Wants to know as much as possible before deciding
       •     Normally wants to wait until the last possible moment to buy
Sales Training for Success, Coaching for Life.
     lushin.com / 317-846-9200




                                                                           The Buyer

     Even worse commoditization
                                                 A               B
                                                                 I       Either the buying process is
                                                                 D       so complex that the buyer
                                                 B               D       simplifies it, or they think
Start of Process                                                 E       that it is more simple than it
                                                                 R       really is.
                                                 C
                                                                 S

                                                      60% of the time
                                                      choose nobody or
                                                      status quo
Sales Training for Success, Coaching for Life.
lushin.com / 317-846-9200




So why wouldn’t a salesperson fail?
Sales Training for Success, Coaching for Life.
lushin.com / 317-846-9200




                                                 Hidden Weaknesses

Salespeople struggle with…

           • Need for approval
           • Emotional Involvement
           • Buy Cycle
           • Money Issues
           • Record Collection
Sales Training for Success, Coaching for Life.
lushin.com / 317-846-9200




                                                 Tactical Problems

No Systematic Way of Selling

           • “Wing-it Stars” feel their way through the process
           • Salespeople on the same team don’t sell the same way
           • Fail to take control of selling process
           • Fail to get the prospect to agree to make a decision
Sales Training for Success, Coaching for Life.
 lushin.com / 317-846-9200




                                                  Closing Example

   What are some reasons for failing to close?
   (put-off, competition, pricing)
• Not a qualified opportunity                     • Timeline is misunderstood
• Not sure of ideal solution                      • Not selling to the correct person
• Lack of urgency                                 • Choosing lousy prospects
• Sales person did not create value               • Presenting too early in the process
• No compelling reason to buy                     • Not willing to spend to solve
Sales Training for Success, Coaching for Life.
 lushin.com / 317-846-9200




                                                  Hiring Problems


              How much of a role does hiring have?

What do you need to know before you hire someone?

                        Answer: CAN THEY SELL?!!
Sales Training for Success, Coaching for Life.
lushin.com / 317-846-9200




                                                         Hiring Problems

You must know…..

– Critical                                       – Other Factors
     •     Desire                                   •   Self-Esteem
     •     Commitment                               •   Figure it out factor
     •     Responsibility                           •   Coachable
     •     Outlook                                  •   Trainable
                                                    •   Hidden weaknesses
                                                    •   Level of selling skills
                                                    •   Level of strengths
Sales Training for Success, Coaching for Life.
 lushin.com / 317-846-9200




                                                   Management


            Evolution of a typical Sales Manager….

  Producer                          Top producer   Management

At which point do they learn to manage Salespeople?
Sales Training for Success, Coaching for Life.
 lushin.com / 317-846-9200




                                                  Management

Management is a whole new skill set

    • Manage selling behaviors
    • Manage a consistent sales process
    • Track and manage to the numbers
    • Deal coaching, pre-brief, post brief
    • On-board new people to maximize ramp-up
    • Hire salespeople that can sell
Sales Training for Success, Coaching for Life.
 lushin.com / 317-846-9200




                                                  Management


On top of that…..

    • Must understand what motivates their people and use it.
    • Must know how to teach by coaching and mentoring.
    • Must know how to establish strategy to meet company goals
Sales Training for Success, Coaching for Life.
    lushin.com / 317-846-9200




                                                     Salespeople Fail

Salespeople struggle because they…

        • Chase poor prospects too long instead of looking for new business
        • Keep discounting to win business and it’s affecting the bottom line
        • Have low close ratios and long sales cycles that impact your cash flow
        • Do too much unpaid consulting wasting your valuable resources
        •Tend to be more of a professional visitor than a salesperson
Sales Training for Success, Coaching for Life.
 lushin.com / 317-846-9200




                                                   Action Steps

Immediate things to do…

    • Discover the weaknesses.
    • Evaluate yourself or your team to find out what the issues are.
    • Use a performance improvement program.
    • Develop yourself as a sales professional by immersing yourself in a
            program that promotes constant and steady improvement.
    • Develop a sales process, use a system, and adopt a hiring process
            that consistently finds the right people.
Sales Training for Success, Coaching for Life.
 lushin.com / 317-846-9200




                                                  Questions?

Be sure to fill out the survey following this webinar.

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Why Salespeople Fail

  • 1. Sales Training for Success, Coaching for Life. lushin.com / 317-846-9200 Why Salespeople Fail Presented by Brian Kavicky Lushin & Associates, Inc.
  • 2. Sales Training for Success, Coaching for Life. lushin.com / 317-846-9200 Agenda for Webinar • What do we define as failing? • What are the reasons for failure? • Some ways to quickly get things on the right track.
  • 3. Sales Training for Success, Coaching for Life. lushin.com / 317-846-9200 Salespeople Fail Salespeople struggle because they… • Chase poor prospects too long instead of looking for new business • Keep discounting to win business and it’s affecting the bottom line • Have low close ratios and long sales cycles that impact your cash flow • Do too much unpaid consulting wasting your valuable resources •Tend to be more of a professional visitor than a salesperson
  • 4. Sales Training for Success, Coaching for Life. lushin.com / 317-846-9200 The Salesperson What must a salesperson actually do to close the sale? • Must interrupt the way people buy to gain control of the sales process. • Must define and facilitate the decision making process to assist the buyer. • Must uncover the compelling reasons to buy. • Must qualify the prospect and ensure that they are the right customer. • Must create urgency to decrease the sales cycle and clarify the timeline.
  • 5. Sales Training for Success, Coaching for Life. lushin.com / 317-846-9200 The Buyer Meanwhile the buyer….. • Is hiding what their true motivators are • Plays cards close to the vest • Doesn’t want to commit to anything • Wants to know as much as possible before deciding • Normally wants to wait until the last possible moment to buy
  • 6. Sales Training for Success, Coaching for Life. lushin.com / 317-846-9200 The Buyer Even worse commoditization A B I Either the buying process is D so complex that the buyer B D simplifies it, or they think Start of Process E that it is more simple than it R really is. C S 60% of the time choose nobody or status quo
  • 7. Sales Training for Success, Coaching for Life. lushin.com / 317-846-9200 So why wouldn’t a salesperson fail?
  • 8. Sales Training for Success, Coaching for Life. lushin.com / 317-846-9200 Hidden Weaknesses Salespeople struggle with… • Need for approval • Emotional Involvement • Buy Cycle • Money Issues • Record Collection
  • 9. Sales Training for Success, Coaching for Life. lushin.com / 317-846-9200 Tactical Problems No Systematic Way of Selling • “Wing-it Stars” feel their way through the process • Salespeople on the same team don’t sell the same way • Fail to take control of selling process • Fail to get the prospect to agree to make a decision
  • 10. Sales Training for Success, Coaching for Life. lushin.com / 317-846-9200 Closing Example What are some reasons for failing to close? (put-off, competition, pricing) • Not a qualified opportunity • Timeline is misunderstood • Not sure of ideal solution • Not selling to the correct person • Lack of urgency • Choosing lousy prospects • Sales person did not create value • Presenting too early in the process • No compelling reason to buy • Not willing to spend to solve
  • 11. Sales Training for Success, Coaching for Life. lushin.com / 317-846-9200 Hiring Problems How much of a role does hiring have? What do you need to know before you hire someone? Answer: CAN THEY SELL?!!
  • 12. Sales Training for Success, Coaching for Life. lushin.com / 317-846-9200 Hiring Problems You must know….. – Critical – Other Factors • Desire • Self-Esteem • Commitment • Figure it out factor • Responsibility • Coachable • Outlook • Trainable • Hidden weaknesses • Level of selling skills • Level of strengths
  • 13. Sales Training for Success, Coaching for Life. lushin.com / 317-846-9200 Management Evolution of a typical Sales Manager…. Producer Top producer Management At which point do they learn to manage Salespeople?
  • 14. Sales Training for Success, Coaching for Life. lushin.com / 317-846-9200 Management Management is a whole new skill set • Manage selling behaviors • Manage a consistent sales process • Track and manage to the numbers • Deal coaching, pre-brief, post brief • On-board new people to maximize ramp-up • Hire salespeople that can sell
  • 15. Sales Training for Success, Coaching for Life. lushin.com / 317-846-9200 Management On top of that….. • Must understand what motivates their people and use it. • Must know how to teach by coaching and mentoring. • Must know how to establish strategy to meet company goals
  • 16. Sales Training for Success, Coaching for Life. lushin.com / 317-846-9200 Salespeople Fail Salespeople struggle because they… • Chase poor prospects too long instead of looking for new business • Keep discounting to win business and it’s affecting the bottom line • Have low close ratios and long sales cycles that impact your cash flow • Do too much unpaid consulting wasting your valuable resources •Tend to be more of a professional visitor than a salesperson
  • 17. Sales Training for Success, Coaching for Life. lushin.com / 317-846-9200 Action Steps Immediate things to do… • Discover the weaknesses. • Evaluate yourself or your team to find out what the issues are. • Use a performance improvement program. • Develop yourself as a sales professional by immersing yourself in a program that promotes constant and steady improvement. • Develop a sales process, use a system, and adopt a hiring process that consistently finds the right people.
  • 18. Sales Training for Success, Coaching for Life. lushin.com / 317-846-9200 Questions? Be sure to fill out the survey following this webinar.