Resolv, Inc.

March 2008 Newsletter

 

 

 

 

About the Author:

Darrell Zahorsky is the Small Business Information Guide for About.com, part of The New York Times Company. He is an author, web editor and writer who's work has been recognized in Harvard Business Working Knowledge, Fortune Innovation Blog, and other media. He is the author of upcoming book The About.com Guide to Starting a Small Business published by Adams Media.

 

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Resolv, Inc.

821 E. First Ave

Appleton, WI  54911

 

Phone:

(920)730-1300

 

E-mail:

info@resolvcrm.com

 

We’re on the Web!

www.resolvcrm.com

 

The 5 Biggest Sales Management Blunders

By Darrell Zahorsky

 

Hiring a sales staff for your small business comes with the responsibility

to provide effective sales management. Learn the biggest sales

management blunders and how you can avoid them.

 

1. Mixing Recognition with Coaching: One common sales management blunder is to congratulate your sales force for a job well done and quickly move to areas of improvement. This tactic can often be interpreted by sales staff as a lack of appreciation. A best practice is to separate the recognition from the coaching. Save the performance improvement areas for coaching sessions. Set up separate recognition of your sales rep success even if it's a small celebration. It's the little gestures of respect and celebrations of achievement that gain the hearts and minds of the sales force.

 

2. No Sales Plan: Another common sales management blunder is not developing a sales plan to help manage the sales team.

 

A successful sales team requires regular planning tracking, and review to achieve the targeted results. Every sales rep requires their own action plan to direct day-to-day activities and set up accountabilities.

All sales plans have at least 3 requirements:

 

  Sales Rep Development: Where most plans fail is they are developed by the sales manager not the sales rep. To ensure a high level of plan acceptance, have the rep develop the plan and guide them toward the right objectives.

 

•  Regular Reporting: Sales plans should be established on a weekly basis to provide flexibility in the planning cycle. Reviewing can take place on a monthly basis. Sales management excellence involves reviewing the results against the plan to determine missed opportunities and areas for improvement.

 

•  Sales Metrics: A successful sales plan focuses on results and activities. Establish the proper sales metrics to drive your business results. Metrics can include: number of client phone calls, number of contacts, appointments set, appointments conducted and sales closed. Do not overwhelm your sales staff with excessive tracking numbers. Focus on the few measures that matter the most to your business.

 

3. No Sales Support: A common sales management blunder is to hire a sales person without providing them with the level of support required to succeed. Even if your new rep is well-versed in your industry and a top performer, they will still require help to familiarize themselves with your company, products, and markets.

 

Not all sales reps require the same level of support. For many small business owners, a hands-off approach to sales management is not the best strategy. Successful sales management requires a commitment to sales force training. Regardless of the size of your firm, an investment in sales training and support can pay big dividends on profitability. Spending the time one-on-one and in the field with your sales team will not only provide support but convey a sense of the importance of sales people in your organization.

 

4. Focus on Control Sales Management: Many new and unsuccessful sales managers will focus on the traditional sales management by intimidation or control approach. The top sales performers know they have a valuable skill set and will quickly walk to a competitor if treated poorly.

 

Sales management is a partnership between the sales rep and the sales manager. Effective sales management requires sharing in the responsibility to find the problems and bottlenecks in your sales process. Seek the solution together with your reps. Be a champion for helping them achieve their agreed results.

 

5. Lack of Sales Accountability: There will be times when sales reps fail regardless of the support and training they receive. It is easy to pass off the lack of results to external forces such as competitors, the economy, or poor marketing. Remember the sales rep was hired to bring in sales. When support, training, and market potential are available, a lack of results often means it's the rep's performance.

 

Who is responsible for the lack of performance? Your sales management program. If your small business lacks a clear policy of sales accountability, it remains your responsibility to implement the process. Creating a culture of sales accountability will not happen overnight. Expect to lose sales staff. Sales reps who have under performed and will not accept personal responsibility for their own results, will leave. This is a good thing. A sales accountability culture only accepts top performers; exactly what your business needs to survive in a competitive market.

 

Other big sales management blunders do exist. It is vital to have an honest feedback system in place. Alan J. Zell, "The Ambassador of Selling" feels "most sales managers do not have a system of feedback that will allow the staff to have a way to comment back to the sales manager without the fear of being chastised or being known as a complainer."

 

Growing a small business is hard work. The sales management function is often overlooked by small business owners. Spending the necessary time wearing your sales manager hat will help foster a rewarding culture and build a successful sales team to boost your business to new levels.


Complimentary Breakfast Seminar

Why Should  A CEO/CFO Care About CRM?

Thursday, April 17, 2008, 7:30 am – 10:00 am

Green Bay, WI

Join us as we discuss:

  • A working definition of CRM.  You may be surprised that it is not all about software.
  • Informed decision making.  Imagine how access to real-time data will help you to adjust to marked conditions more rapidly.
  • Empowering sales people.  What would happen to your sales force if you allow them to focus on customers rather than processes?
  • Company growth.  Can it happen without customers?  What are you doing differently this year to promote growth, or is last year’s growth rate acceptable?
  • Harnessing the Wild-Wild West.  Can you implement solid, time-proven best practices, or is it ok that your sales force is made up of renegades that do it their own way?
  • What you should expect from CRM software.  This will include a working demo of an industry-standard CRM software package.

 

To register:  (920) 730-1300 or go to www.resolvcrm.com


SalesLogix User Group Meeting

 

Who Should Attend:

SalesLogix Users and System Administrators

 

If you are not a SalesLogix user:

Please come and talk to other SalesLogix users and see how SalesLogix can assist you with your business needs.

 

What is a User’s Group?

The SalesLogix user group is a great place for SalesLogix users to exchange ideas and ask questions of each other and an experienced SalesLogix consultant.  Meetings consist of a presentation on a featured topic, followed by “what’s new” with SalesLogix, and a question and answer period.

 

Location:  TBD

When: Thursday, April 24, 2008 from 10 am – 4 pm

To register for the User Group: (920) 730-1300 or email to info@resolvcrm.com

Cost:  No Charge – Lunch is included


SalesLogix Tips & Tricks

Scenario

You just modified your Contact Status picklist to include “Purged” instead of “Deleted.”  Unfortunately, you still have contacts in SalesLogix with a status of “Deleted.”  What can we do to massively update those contacts without having to worry about writing a SQL statement?

 

Answer

SalesLogix has a neat feature in the Sales Client under Tools – Maintenance called “Replace Data.”  Note: Only administrators should have access to this function.  Replace Data will allow you to replace field information within a particular group.  To accomplish the above modifications:

  • Create a group of all Contacts with a status of “Deleted”
  • Go to Tools – Maintenance – Replace Data
  • Choose Contact and click Next
  • You now have the options to “Search and Replace”, “Replace with specified value”, “Swap contents of two fields”, or “Copy contents of one field to another field”
  • Choose “Replace with specified value” (we are choosing this option because we have already created a group that only contains Deleted contacts) and Click Next
  • Use the Drop-down arrow next to Field to choose your “Status” field
  • Enter “Purged” as the value and click Finish.  You will be shown the first value it will be replacing.  Choose Replace a couple times to confirm that the “Replace this value” box is only showing “Deleted.”
  • Once you have confirmed your replacements, click “Replace All” to replace all statuses in your group.

KnowledgeSync Tips & Tricks

 

Question:

 

We're using KnowledgeSync with SalesLogix and we were wondering if there was a way we could avoid manually re-entering the details of all of our sales reps (email addresses, fax numbers, etc.) into KnowledgeSync. Have you got some kind of import we could use?

Answer:

1. Create a query that retrieves all sales rep records from the SalesLogix database. Make sure to retrieve each rep's name, email address, and any other "delivery" addresses.

2. Create a subscriber group called "SalesLogix Sales reps".

3. Highlight (single-click on) this new subscriber group, go to the top of the Event Manager window, and click on the "Properties" button. From there, click on the "Subscriber Linking" button.

4. Click on the "Select Query" button, choose the application that contains the query you created in step #1, and then choose that query.

5. Map the fields from your query (the sales rep's name, email address, fax number, etc.) into the corresponding subscriber data fields.

6. When done, click on "OK" from this window and on "OK" from the properties window.

The great thing about Subscriber Linking is that the link is dynamic - so as prospects (or sales reps) are added, changed, or deleted, those changes will automatically & instantaneously be reflected in KnowledgeSync.

(And if you need to do a one-time import of subscriber records, that's possible too.)


Welcome New Employee

Our customers may hear a friendly new voice the next time they call into Resolv.  In February, we welcomed Sue Adams to our team as Executive Assistant.  Sue has over 23 years combined experience in administrative services, human resources, and financial development.

 

Sue has lived in the Neenah area for six years and has two daughters in college, one which is studying in Germany this semester.  Her interests are working out at the Y, gardening, meeting new people, and watching the Packers.


Contact Support

Here is how to contact our tech support department:

Normal tech support hours are Monday through Friday 8:30 am – 4:30 pm Central Standard Time. Help may be available during non-business hours for an incidence fee.  If it is an emergency or after hours, please call, since we cannot guarantee that email will be responded to prior to the next business day.  During business hours, phone calls have priority over email.

 

Phone: (920) 268-4877

 

E-mail: support@resolvcrm.com

 

Remote live support: http://www.resolvcrm.com/assist

 

Web ticket: http://www.resolvcrm.com/supportquestions.html


Thought for the Day:

A leader without a sense of humor is like a grass cutter at a cemetery. You have a lot of people under you paying absolutely no attention.


Our Referral Program

Resolv, Inc. is always looking for referrals, but what bonuses do you receive if you give us a referral?

 

  • 1 Year Referral commission of 3% of every payment we collect from the customer
  • Infinite Referral commission of 1.5% of every payment we collect from the customer

 

To Read More on our Referral Program, Click Here