the complete guide to sales development leadership
TRANSCRIPT
#SalesDevGuide#SalesLeadership
Hiring for Sales Development
#SalesDevGuide#SalesLeadership
How to build a Sales Development team
Pouyan SalehiCEO & Cofounder,
PersistIQ
Click to add title1. What is Sales Development? 2. How is it changing?3. How do you hire for it?4. Profile of a successful sales rep5. 4 steps to hiring the right sales rep
#SalesDevGuide#SalesLeadership
What we’ll cover
Generate Qualified Pipeline $$$
Process: Inbound vs. Outbound
Structure: Centralized vs. Decentralized
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What is Sales Development
New technology is impacting how sales development reps and teams operate.
1. The new metrics that matter2. The new team structures3. What this means for being successful
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#SalesDevGuide#SalesLeadership
How Sales Development is Changing
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1. The New Metrics that Matter
Today● Email template open
rates● Raw activity numbers
New● Response rates
(positive, negative, neutral)● Type and Quality of
activities ● Number of
touchpoints● Order of touchpoints
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2. Different Team Structures
Centralized● Outbound feels like
inbound for the reps ● Better for high-
volume / transactional
De-Centralized● Empowers reps to
operate (within limits)● Better for target
account selling
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Having the right team!
Since activity execution is solved, the focus changes to strategy and personalization.
3. What this Means for Success
Research + Communication + EmpathyProfile: ● Curious● Intelligent / Astute● Desire to win● Resilient and Coachable● Creative (de-centralized)
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The New Skillset for Sales Reps
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4 Steps for Hiring the Right Rep
1. Clearly Identify Your Needs for the Rolea. Team Structure / Candidate Profile
2. Create a Compelling Job Description3. Data-Driven and Consistent Approach 4. Act Quickly and Decisively
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(The Bridge Group, 2016)
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The Interview Process
Step 1: 15 min. phone screenStep 2: Sales Development Exercise (take-home)Step 3: In-person and Mock Qualifying CallStep 4: Meet the team (culture fit)
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Sales ExerciseLooking for...● Follow instructions● Attention to detail● Research● Communication● Feedback
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We’re Here to [email protected]
@psalehi
PersistIQ Sales ExerciseSales Technology
The future of Sales Development
Managing Different Levels
#SalesDevGuide#SalesLeadership
Move the Middle, Support the Top & Salvage the Bottom
Ben SardellaCo-founder & CRO
@datanyze
3 Types of Reps● Roof
○ 20% of sales team who consistently exceed quota
● Middle○ 60% who hit or are just
shy of quota each month
● Basement○ Bottom 20% who are
struggling each and every month
#SalesDevGuide#SalesLeadership
3 Types of Reps● Roof
○ 20% of sales team who consistently exceed quota
● Middle○ 60% who hit or are just
shy of quota each month
● Basement○ Bottom 20% who are
struggling each and every month
#SalesDevGuide#SalesLeadership
3 Types of Reps● Roof
○ 20% of sales team who consistently exceed quota
● Middle○ 60% who hit or are just
shy of quota each month
● Basement○ Bottom 20% who are
struggling each and every month
#SalesDevGuide#SalesLeadership
Why aren’t they progressing?
#SalesDevGuide#SalesLeadership
Internal or External
Deficiency Top Reps Middle Reps
Moving the middle● Focus on what matters
○ Don’t just be “busy”
○ Don’t get caught in endless admin work
○ Understand your reps are having trouble “getting it” and they know there’s a problem
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Moving the middle● Provide Guidance
○ Dive into activity metrics during 1-on-1 meetings
○ Compare those to time spent on admin work
○ Make necessary adjustments
○ Analyze data and use dashboards to visualize the insights
#SalesDevGuide#SalesLeadership
Coaching is crucial
#SalesDevGuide#SalesLeadership
Coaching is crucial
#SalesDevGuide#SalesLeadership
“If there was no coaching or reinforcement activity following training, there was a drop-off of 87% of the knowledge acquired. That’s a waste of 87 cents on every dollar spent on formal development efforts.”
-Neil Rackham, author of Spin Selling
Coaching is crucial ● Ask, listen & identify the
problem○ Insufficient # cold calls/emails
○ Lack of trust built during sales call
○ Product-focused sales call
○ Price-focused sales call
○ Not asking enough questions
○ Not asking relevant questions
○ Personal issues at home
○ Lack of product knowledge
○ Lack of motivation
○ Personality conflict with sales manager
#SalesDevGuide#SalesLeadership
Make it a game● Competition/Gamification
○ Digital leaderboards
○ Spiffs
○ Caution: may be seen as public shaming
○ Check out these solutions:
#SalesDevGuide#SalesLeadership
Salvage the Bottom
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Clearly communicate
goals
Salvage the Bottom
#SalesDevGuide#SalesLeadership
Clearly communicate
goals
Examine Rep’s Individual Activity
Salvage the Bottom
#SalesDevGuide#SalesLeadership
Clearly communicate
goals
Examine Rep’s Individual Activity
Honesty, Transparency &
Positivity
Salvage the Bottom
#SalesDevGuide#SalesLeadership
Clearly communicate
goals
Examine Rep’s Individual Activity
Honesty, Transparency &
Positivity
Upward Movement
Part Ways
Support the top● Challenge them
○ Path to more responsibility
○ Assign important verticals
○ Keep it interesting
#SalesDevGuide#SalesLeadership
Support the top● Have their backs
#SalesDevGuide#SalesLeadership
Source: Salesforce
Support the top● Let them know they’re appreciated
○ Public recognition fills void money can’t
○ GIve awards and acknowledge them in front of peers
#SalesDevGuide#SalesLeadership
Support the top
#SalesDevGuide#SalesLeadership
Managing Different Levels
#SalesDevGuide#SalesLeadership
Move the Middle, Support the Top & Salvage the Bottom
Ben SardellaCo-founder & CRO
@datanyze
Compensation & Quota
#SalesDevGuide#SalesLeadership
2016 SDR Metrics & Compensation Report
Trish BertuzziPres. & Chief Strategist
@bridgegroupinc
Base & OTE are Flat, Again
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Base & OTE are Flat, Again
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Incentive Pay Variation
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Monthly Quotas are Up
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Roughly 2/3 of SDRs Hit Quota
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Roughly 2/3 of SDRs Hit Quota
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SDR Pipeline Contribution is Flat
#SalesDevGuide#SalesLeadership
SDR Pipeline Contribution is Flat
#SalesLeadership
#SalesDevGuide#SalesLeadership
Questions?