Sales Management Using “The 62 Ounce Upside”

glass of sodaAre you a “visual sales leader”?

The late great CEO of Coca-Cola Roberto Goizueta was an absolute master of this art.

In explaining the near infinite growth opportunities for the Coca-Cola company, he would oftentimes tell his troops:

“Each of the worlds six billion people drink on average sixty-four ounces of fluids a day, of which two ounces is Coca-Cola”

This “sixty-two ounce upside” captured the essence of his message and reinforced the core belief that Coca-Cola
had a near limitless growth potential.

Goizueta was especially skilled at capturing a complex idea and communicating it in a clear visual, yet inspiring way.

He was a true “visual sales leader”.

Do you do the same with your sales team?

Visual sales leaders use memorable simple concepts to make it perfectly clear what needs to get done.

They do it in easily understandable terms.

The simpler…the better.

But they make it unforgettable.

If you can distill your entire market down to its essential visual elements, and then MONETIZE it so your salespeople understand it without question…then, watch out.

Let me give you an example:

*You sell a specific kind of women’s dress

*The total market did $24 million in sales in 2009.

*Your total YTD 2009 sales were $4 million.

*Your market opportunity = $20 million

*Each of your ten salespeople has a $100,000 quota to achieve their sales goal.

Although I have never sold dresses in my life, a visual sales leader might say something like:

“When you place one of our dresses in the hands of ONLY one out of every 200 women dress shoppers in your entire geography then, congratulations…you hit quota”

“But…if you put one of our dresses in the hands of one out of every 100 women dress shoppers in your entire geography, then congratulations…you hit sales stardom”

Basic?

Yes.

Effective.

Most definitely.

In this example, you are simultaneously “leading visually”, while simultaneously “Setting the Bar Higher” (Course 2 in the Sales Management Mastery Academy program by the way).

Visual leading cuts through the crap…while reinforcing the predominant sales messages so your reps keep their eyes focused on the prize.

And the prize is the “sixty-two ounce upside”…

Tell us what you do to creat your own “62 ounce upside” by posting a comment below.

SMM 19 | Don’t Make This Sales Management Mistake

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clumsy workIn this episode of Sales Management Mastery, you’ll learn one of the biggest blunders that sales managers make when trying desperately to motivate their sales teams using external rewards and prizes. We also talk about what not to do when motivating your salespeople through prizes and rewards.

Have you ever noticed that there are some sales reps who are really motivated by rewards and prizes…but other who couldn’t care less?

Is there something wrong with this?

Not at all, it all has to do with their motivational profile. Its up to you to figure out which reps to target for this kind of extrinsic motivation.

How do you do it?

To find out which sales reps are motivated by prizes and awards – one of the 5 “motivational profiles” you can uncover with out motivational questionnaire that you can only get inside the Sales Management Mastery Academy.

In this episode we give you the very first steps to use prizes to motivate…but there’s lots of pitfalls.

And sales managers make this mistake over and over…no wonder the sales reps start to tune them out.

No worries though, that’s what this sales management training is all about.

Listen in to get the whole story here.

CLICK HERE to get immediate FREE access to your choice of sales management training at The Sales Management Mastery Academy. Get your own free sales manager training course – you can actually choose which one you want.

Courses include: “How to Lead Your Sales Reps to Sales Stardom”, “How to Turn Around Your Underperformers in 30 Days” and “How To Hire A Sales Superstar”…plus you’ll get dozens of free tools and resources to turn sales managers into top-performing sales managers. Get it today.

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SMM 19 | Don’t Make This Sales Management Mistake

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SMM 19 | Don’t Make This Sales Management Mistake

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Sales Management | How To Screen A Sales Resume For Accolades

sales person holding a medal

Although the mutual fund industry repeatedly tells you that “past success is no indication of future success” when investing in mutual funds, I far prefer to put my retirement savings in 5 star funds instead of 1 star ones, don’t you?

Likewise when screening a new sales hire, the presence of recurring, frequent past accolades in a sales candidate are about the closest thing you can get to guaranteeing future sales success with any new sales hire.

When screening a sales resume for accolades, you must keep three things in mind: Continue reading

As A Sales Manager, How Do You Know When You’ve Made A Hiring Error?

thinking sales personThese past couple of weeks we’ve talked about underperformers, sales superstars, talents, and the right words to say at the right time.

All this time I’ve been talking about the techniques and the right ways to manage your sales team. But here is the thing: when is enough enough? When do you get to throw in the towel and say, “Sales isn’t your true calling. I’m afraid I’m going to have to let you go”?

You are a very busy person. While your sales people are out working towards their quota, you’re stuck in the office, behind a desk, figuring out how to work your own quota. So I’m going to tell you the truth right here.

As soon as you figure that you need to micromanage a sales person, that’s when you know you’ve made a hiring error.

A top-performing sales manager knows this very well. Average sales managers are aware of it, too. But they tend to miss the point completely. Continue reading

Sales Management | 5 Proven Methods To Screen Out A Bad Sales Hire

sales manager checkingNo sales manager wants to make the torturous mistake of hiring a complete sales dud.

Although a few are bound to slip in, in order to prevent this from happening to you, there are a number of ways that you can screen out a great sales rep resume, prior to actually meeting with them face to face.

Your sales recruiter will help you with this enormously…as long as you’ve carefully followed the steps in our previous post on how to find a top notch sales recruiter.

In combination with a solid recruiter who understands both you and your company’s hiring requirements, using these steps can help you to cut out a lot of the ‘time waster’ interviews, so you can focus your time on the cream of the crop.

When analyzing a resume, the first and most important part is the Continue reading