the complete guide to sales development leadership

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#SalesDevGuid e #SalesLeadership

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Page 1: The Complete Guide to Sales Development Leadership

#SalesDevGuide#SalesLeadership

Page 2: The Complete Guide to Sales Development Leadership

Hiring for Sales Development

#SalesDevGuide#SalesLeadership

How to build a Sales Development team

Pouyan SalehiCEO & Cofounder,

PersistIQ

Page 3: The Complete Guide to Sales Development Leadership

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

Page 4: The Complete Guide to Sales Development Leadership

Generate Qualified Pipeline $$$

Process: Inbound vs. Outbound

Structure: Centralized vs. Decentralized

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#SalesDevGuide#SalesLeadership

What is Sales Development

Page 5: The Complete Guide to Sales Development Leadership

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

Page 6: The Complete Guide to Sales Development Leadership

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#SalesDevGuide#SalesLeadership

Page 7: The Complete Guide to Sales Development Leadership

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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

Page 8: The Complete Guide to Sales Development Leadership

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#SalesDevGuide#SalesLeadership

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

Page 9: The Complete Guide to Sales Development Leadership

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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

Page 10: The Complete Guide to Sales Development Leadership

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

Page 11: The Complete Guide to Sales Development Leadership

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#SalesDevGuide#SalesLeadership

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

Page 12: The Complete Guide to Sales Development Leadership

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#SalesDevGuide#SalesLeadership

(The Bridge Group, 2016)

Page 13: The Complete Guide to Sales Development Leadership

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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)

Page 14: The Complete Guide to Sales Development Leadership

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Sales ExerciseLooking for...● Follow instructions● Attention to detail● Research● Communication● Feedback

Page 15: The Complete Guide to Sales Development Leadership

Click to add title

#SalesDevGuide#SalesLeadership

We’re Here to [email protected]

@psalehi

PersistIQ Sales ExerciseSales Technology

The future of Sales Development

Page 16: The Complete Guide to Sales Development Leadership

Managing Different Levels

#SalesDevGuide#SalesLeadership

Move the Middle, Support the Top & Salvage the Bottom

Ben SardellaCo-founder & CRO

@datanyze

Page 17: The Complete Guide to Sales Development Leadership

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

Page 18: The Complete Guide to Sales Development Leadership

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

Page 19: The Complete Guide to Sales Development Leadership

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

Page 20: The Complete Guide to Sales Development Leadership

Why aren’t they progressing?

#SalesDevGuide#SalesLeadership

Internal or External

Deficiency Top Reps Middle Reps

Page 21: The Complete Guide to Sales Development Leadership

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

#SalesDevGuide#SalesLeadership

Page 22: The Complete Guide to Sales Development Leadership

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

Page 23: The Complete Guide to Sales Development Leadership

Coaching is crucial

#SalesDevGuide#SalesLeadership

Page 24: The Complete Guide to Sales Development Leadership

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

Page 25: The Complete Guide to Sales Development Leadership

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

Page 26: The Complete Guide to Sales Development Leadership

Make it a game● Competition/Gamification

○ Digital leaderboards

○ Spiffs

○ Caution: may be seen as public shaming

○ Check out these solutions:

#SalesDevGuide#SalesLeadership

Page 27: The Complete Guide to Sales Development Leadership

Salvage the Bottom

#SalesDevGuide#SalesLeadership

Clearly communicate

goals

Page 28: The Complete Guide to Sales Development Leadership

Salvage the Bottom

#SalesDevGuide#SalesLeadership

Clearly communicate

goals

Examine Rep’s Individual Activity

Page 29: The Complete Guide to Sales Development Leadership

Salvage the Bottom

#SalesDevGuide#SalesLeadership

Clearly communicate

goals

Examine Rep’s Individual Activity

Honesty, Transparency &

Positivity

Page 30: The Complete Guide to Sales Development Leadership

Salvage the Bottom

#SalesDevGuide#SalesLeadership

Clearly communicate

goals

Examine Rep’s Individual Activity

Honesty, Transparency &

Positivity

Upward Movement

Part Ways

Page 31: The Complete Guide to Sales Development Leadership

Support the top● Challenge them

○ Path to more responsibility

○ Assign important verticals

○ Keep it interesting

#SalesDevGuide#SalesLeadership

Page 32: The Complete Guide to Sales Development Leadership

Support the top● Have their backs

#SalesDevGuide#SalesLeadership

Source: Salesforce

Page 33: The Complete Guide to Sales Development Leadership

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

Page 34: The Complete Guide to Sales Development Leadership

Support the top

#SalesDevGuide#SalesLeadership

Page 35: The Complete Guide to Sales Development Leadership

Managing Different Levels

#SalesDevGuide#SalesLeadership

Move the Middle, Support the Top & Salvage the Bottom

Ben SardellaCo-founder & CRO

@datanyze

Page 36: The Complete Guide to Sales Development Leadership

Compensation & Quota

#SalesDevGuide#SalesLeadership

2016 SDR Metrics & Compensation Report

Trish BertuzziPres. & Chief Strategist

@bridgegroupinc

Page 37: The Complete Guide to Sales Development Leadership

Base & OTE are Flat, Again

#SalesDevGuide#SalesLeadership

Page 38: The Complete Guide to Sales Development Leadership

Base & OTE are Flat, Again

#SalesDevGuide#SalesLeadership

Page 39: The Complete Guide to Sales Development Leadership

Incentive Pay Variation

#SalesDevGuide#SalesLeadership

Page 40: The Complete Guide to Sales Development Leadership

Monthly Quotas are Up

#SalesDevGuide#SalesLeadership

Page 41: The Complete Guide to Sales Development Leadership

Roughly 2/3 of SDRs Hit Quota

#SalesDevGuide#SalesLeadership

Page 42: The Complete Guide to Sales Development Leadership

Roughly 2/3 of SDRs Hit Quota

#SalesDevGuide#SalesLeadership

Page 43: The Complete Guide to Sales Development Leadership

SDR Pipeline Contribution is Flat

#SalesDevGuide#SalesLeadership

Page 44: The Complete Guide to Sales Development Leadership

SDR Pipeline Contribution is Flat

#SalesLeadership

Page 45: The Complete Guide to Sales Development Leadership

#SalesDevGuide#SalesLeadership

Questions?