Power Prospecting: Spend Less Time, Get Better Results [“Sales Shot” Workshop]
Power Prospecting: Spend Less Time, Get Better Results
[“Sales Shot” Workshop]
[“Sales Shot” Workshop]
[“Sales Shot” Workshop]
[“Sales Shot” Workshop Recording]
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If you’re making the jump into sales, you are probably trying to understand the different roles and how they fit into the bigger picture. You might be asking yourself “what is virtual inside sales” or “what do field vs. inside sellers do?” Titles change, responsibilities overlap, and once you’ve read your 10th job description everything starts to sound the same. It can be confusing, I get it. So, why let’s talk about the two major segments of sales: field sales vs. virtual sales (aka inside sales).
Let’s be clear, we’re not talking about the retail sales job you had at the mall. We are talking about sales positions that lead to lengthy (and lucrative) sales careers. We’ll go over what each team does and which scenarios fit them best. Let’s get started!
First, here’s a little background on me. I grew up in the sales world. I have been a virtual salesperson, a field salesperson, a sales manager, a sales leader, a training leader, and now an entrepreneur. If it has happened in the world of sales, there is a VERY good chance I have seen it, been a part of it, or at least provided some guidance on how to handle it. Okay, enough about me. Let’s talk about field sales and virtual sales.
What is the difference between sales roles? Which should you choose? Why would companies need different types of sellers? All great questions, keep reading for answers…
Historically, there were two sides to the sales coin, virtual (inside) sales and field sales. Many years ago, virtual sales reps were the 22-year-olds fresh out of college. They were green, they were underpaid, and they were trying to navigate their way through the sales world, but they were working 9-5 in an air-conditioned office. On the other hand, field sales reps were the tenured, respected, distinguished, and WELL-paid sales professionals that we all aspired to be. The field reps were wining and dining, jet-setting, and making the big bucks.
Today though, the lines between sales teams have blurred. Some companies have a virtual sales hand-off to field sales. Some have field sales teams that revolve around, or report to, virtual sales leaders. Others have only one type of sales team, either virtual or field sales. Many companies have even begun equalling the compensation between the two teams. Gone are the days when the field seller made all the money and the virtual seller made base.
In today’s sales world, most companies build and shift their sales teams based on what is required to make the sale at any given moment. Is the product brand-spankin’ new to the world? Is it something that people have heard about and have a general understanding of? Is it something that the consumers know like the back of their hand?
All products go through a life cycle:
Okay, now that we know about the product, let’s talk about who sells it.
The field sales role is one of education and extensive knowledge. Discovery is the ideal product life cycle for this role. Their sales cycle is typically long, their price point is high, and their consumer is in need of either the salesperson’s education or expertise.
Here’s an example: let’s say your company is launching a brand new product to the market. I’m talking about something that no one has ever seen before. It’s something that your potential consumers don’t even know they need yet. This type of new product will require your salespeople to be very hands-on, providing A LOT of education. The sales cycle is often 6+ months long and each deal will require a good amount of guidance. In this scenario, Field Sales is queen (or king).
Pharma is a great example of an industry that is continuously launching a brand-new product (medication). Each new drug that comes out requires education for the doctors, nurses, and pharmacists that will (hopefully) be prescribing and providing the new drug to patients. Pharmaceutical sales reps will (almost) always be field sellers.
Field sales can also dip its toe into the introduction life stage, in the right scenario. A perfect example is custom-built pieces. Let’s say your company sells large-scale automated machinery.
If a customer is looking to replace or upgrade a machine on their production line, they can’t exactly order it on Amazon. This type of sale requires a salesperson to come onsite, understand the whole production line, measure the available space, and then provide the right recommendations for both seamless integration and price point. This is not a couple of conversations that end with the customer signing on the dotted line. This is months of calls and visits before the deal is closed.
Now, let’s talk about virtual or inside sales. Unlike their on-site colleagues, virtual sales teams work with customers, well, virtually. This means their interactions with the customer are on the phone, via email, or online. The inside sales role is about further explanation instead of total education. For these roles, the sales cycle is considerably shorter, maybe 1-2 months, and the consumer usually arrives with some understanding of the product or its use.
Thanks to the internet, a larger majority of products in today’s market fall to the virtual sales team. These products are typically in the introduction or maturity point of their life cycle. In these life cycle stages, the product is known to the market, it may even have competitors. People have heard of it and are searching for it, but not everyone has purchased it just yet. Maybe they’re working with your competitor, or they’ve been thinking about getting your product for some time but they haven’t had the budget. In this stage, the customer’s need for help changes from full education to further explanation. The virtual seller’s job is to help the consumer understand why your product is better and why they should buy from you.
Some great examples of this are IT products, like computers. Consumers will come to you with a basic understanding of what they need. The “sale” is more about helping them select the right model, the correct amount of storage, or choosing between a PC and a Mac.
I’m sure you’re saying to yourself, “virtual sales sounds way easier!” Before you make that decision, we should talk about the different experiences on the salesperson’s side. For field sales reps, if you are back to onsite visits, you have time to talk a little before your meeting, then you have an hour presentation, then you might have some time for water-cooler talk after, all before you take the client to a 2-hour dinner. In one short visit, you are getting anywhere from 1 ½ hours to 5 hours of valuable time with that client.
For a virtual sales rep to get the same 5-hour “face time” as a field sales rep, you could be looking at a series of 7-10 separate phone calls. Just getting the right contact on the phone is more challenging in the virtual world. Most virtual sales reps are making anywhere from 5-10 dials for every connection. Think of it this way: it’s easier to not answer, or hang up the phone than it is to dismiss someone standing right in front of you. Once the virtual sales rep finally gets the contact on the phone, they also have less time to ‘hook’ them. A virtual talk track has to be short and to the point. Unlike their field sales counterparts who have anywhere from 30-60 minute presentation times, virtual sales reps have MAYBE 10-15 minutes to get to the value AND bridge the client to the follow-up call. It means those virtual sales reps have to do their discovery homework and have to craft their message with the client’s needs at the top of their mind.
Whether you’re hiring sales reps or job searching for a field sales or virtual sales role, I hope these nuggets of information helped you!
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[Webinar Recording]
Excuse me, BUT SHOULDN’T THIS BE OVER BY NOW?!
Nine, six, and three months ago no fewer than 10 field sales VP’s told me they and their teams were “waiting to get back to normal.” I heard things like…
“Some markets are already back face-to-face.”
“My prospects aren’t in their offices anyway.”
“My team is too tenured to be compared to virtual or inside sellers.”
Well, we’re going on month 12, and things have changed – by not changing. We’re still not business as usual, and it looks like the industry hit hardest will be corporate Real Estate as more and more industries realize that virtual will always be a part of their ongoing strategy.
In fact, only a few of us still have our heads planted in the sand by saying we don’t have to adapt how we sell. I’m hearing the most grizzly, bag-carrying, face-to-face veterans embracing virtual tools and methodologies now and calling it a competitive edge. That means there’s still some time left to get out in front of your competition, and the smart money is on adaption (I’ll credit that one to Darwin.)
So if you’re with me, dear field sales leader, but still struggling with the resistors on your team, here are a few ideas from a reformed field to virtual seller to help get some buy-in:
(also known as “Telemarketing, inside sales, call centers, virtual sellers, or those 20-something flunkies wearing ball caps and baggy jeans to work”).
Instead, liken the change to the adoption of the internet. We used to send letters. We still do, but we call them emails. Sales calls used to mean face-to-face, now it means cell phones. Face-to-face used to mean over lunch, now it’s suit on top and sweats on the bottom because it\’s a video conference. In other words, all that has changed is the technology folks. Don’t be a grandma.
What seller wouldn’t like more time in his or her day? Same quota but triple the potential daily meetings = higher earnings. A great field seller could meet with 2-3 (MAYBE 4) clients or prospects a day. Yeah, that’s with a tight geographical area, lots of advanced planning, and all green lights. Put that same effort into digital scheduling and outbound calling, and we can double it – MAYBE triple it. It’s like buying them a jet plane instead of a bicycle. They can literally be in any place in the WORLD at any time during the day. This is freedom! This is a bigger commission check.
Last month I met virtually with my financial planner. Those 75 minutes were in my top ten most painful should-have-been-an-hour-meeting-but-ran-long-due-to-poor-planning experiences of my life. I experienced:
I really want to go on just so I can paint this picture for you, but I’ve probably conjured enough of your own painful experiences that you get it. Yeah, your highest-paid sellers probably resemble about half of this list right now. It’s how I look when trying to play Fortnite with my kids. (“What button do I push to walk again? Oh, that’s me in a corner, I thought I was over there!”)
Most enterprise sellers, field sellers, or experienced sellers use relationships, charm, swag, and deep knowledge to close deals. They look good, they sound good, they’re respected and polished, they know the industry and their product/service better than anyone and it’s WHY you put them on the big-money deals.
And this all means bupkis if they make the mistakes above. And they’ll still fail if we don’t teach them how often to call, how to get people’s attention on unexpected phone calls, how to get the follow-up meeting, how to really engage without face-to-face environments.
The message is this:
They aren’t changing how they sell, they\’re adding tools, technology, and techniques to make their existing gifts outshine their competitors virtually. Because some of their base will always prefer virtual thanks to this pandemic, and if they get there first they will not only beat their external competition but perhaps even the internal reps who don’t adapt. No reason Joe in Idaho can’t cover Susan’s accounts in Michigan anymore.
Once we get some buy-in, I suggest we start building some new baselines. Can you and your team answer these questions:
These questions subtly set the expectation that they need to get to know their business in a different way. We can’t just count the wins anymore, we’re going to have to get to know the process because the process has changed.
Finally, I’ll leave you with good news. The skills they’re missing aren’t terribly hard. Good voicemails aren’t rocket science, nor is call bridging and pre-call planning, even online demos. If a 20-year old punk telemarketer can do it, so can your team. 😉
Get more insights by watching a recent webinar I did with a few hundred traditional sellers where we covered key techniques for a digital advantage. And consider helping your team adapt by subscribing them to The Sales Bar where we have over 100 digital selling skills on tap.
Want more tips on how field reps can sell virtually? Read these articles:
How Do I Sell If I Can’t Meet My Customers?
How Do You Transition From Field Sales To Virtual Engagement?
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2020 has thrown a curve ball at many sales teams, but field sales teams have arguably made the most drastic changes due to the fact that most reps can no longer meet face-to-face with their prospects and clients.
Field Leaders are scrambling to figure out how their field reps can maintain relationships with existing customers without meeting in-person, while simultaneously training their team to sell over the phone to attract new business.
Ted Martin, CRO at Factor 8, recently sat down with some Friends of Factor 8 at Premier Safety, Lisa Hubbard, Vice President Digital Sales and Marketing, and Aaron Jacob, Great Lakes Regional Sales Manager, to talk about how they successfully transitioned a field sales team to a virtual selling environment.
During this interview, Lisa and Aaron shared their experiences and tips on:
1. How they made the initial transition from field to virtual
2. The challenges they mitigated during the transition
3. Their tips for other field teams making the transition
[Webinar Recording]
If you’ve been carrying a bag for a while, I’m going to be honest. The transition to “virtual” sales or inside sales can be rough.
It feels like a wall has been placed between you and your customers. You’ll miss the face time. Deals seem stalled. Relationships aren’t quite as robust. And that’s not even talking about what’s happening to your airline status!
If any of this sounds familiar, sign up now to keep getting new blogs. We’re writing a series to help you transition.
My name is Lauren Bailey and I’ve been teaching phone sales for over 20 years. I carried a bag myself and when I “went inside” I felt all of the above. Moreover, my young virtual sales team struggled with how to position what they’d learned over the phone (and they were hired for selling virtually!). I’ve traveled the world launching digital sales teams and written over 40 courses that help salespeople use the phones to sell. I hope this perspective can be of value.
Today’s insight is about setting call goals.
What you used to be able to cover in one on-site meeting will take you anywhere from 3-5 calls today (and about 10x that in dials).
No, it’s not always true, but if you plan for it to be this way, you’ll feel less frustrated and improve your forecast accuracy. Here’s why:
Our calls aren’t always scheduled. You’re trying to “get in front” of your customer or prospect with a call and three out of five times they won’t pick up or won’t have a full hour.
We have to spend more time building rapport. Gone is the handshake and back pat with a quick peek around the office and quick reference to what happened last we met or a look at the kids on their phone. We do it all with words now. It takes longer to warm up and communicate (alas, a picture DOES take 1000 words)
Digging into needs and explaining solutions also takes more time. Not only for the extra communication without the visual cues, but because we may not have everyone we need in the room, because we’re easier to blow off or stall when we’re not face to face, because we’re bound to miss a queue somewhere and lose our customer’s focus during the meeting. There are probably ten more reasons, but that’s enough.
So what do we do? Slow your Roll.
Set a goal for each call that are subsets of typical sales goals. In fact, make a list right now (I’ll wait 🙂 ). If it is a new prospect, it might look like:
You get the idea…
Frankly, you may have achieved all of these in a face to face meeting in the past. It will be key to have established call goals and notes from each call so you keep moving the sale forward. (Wait! THIS is why most sellers are notoriously bad for updating CRM!).
It also makes call bridging a key skill (tune in later for more on this skill)
Feeling a bit impatient? Here’s the good news. Using the phone may net you less on each call, but you can have more connects each day. The technology and SaaS industries have moved nearly 100% inside due to the efficiencies and speed to market. Combine smart call-by-call goals with dedicated call blasts and you’ll find yourself having equal selling time with MORE contacts each day.
If you’re a seller whose “office” is face to face with your customers, you may be experiencing tougher times than the rest of us. Your world was full of vibrant interactions, personal relationships, handshakes and live presentations. You carried your world in your passenger seat and you’ve built beautiful relationships over many meals, drinks, and outings.
Welcome to virtual selling my friends. So how the hell do you transition field sales to virtual sales? We’re here to help.
Today’s blog we’re talking about selling time. What I mean is the actual voice to voice connection where you get to do your job. In the past, great field sellers could meet with two to four, maybe five prospects/contacts in a day. You likely planned meetings based on geography and how you could hit buildings in a similar location, avoid traffic, or make the most of your plane trip to the other coast.
Great news, there are no boundaries now. Time Zones are your only constraint, and great phone sellers can talk with ten people a day. If you do it right, you just got much. more. efficient.
Bad news, it ain’t easy getting people to pick up their phones or call us back these days. Not because of a pandemic, but because we don’t answer calls from people we don’t know, because we all have competing priorities and because frankly, it’s easier to ignore someone ringing in than someone walking in.
That’s why in virtual sales, we focus on getting on first. Billy Bean will tell you (shameless Moneyball reference) “You can’t get to home if you can’t get on first.”. The first base is a conversation. It happens by:
These four basic skills can literally triple your first-base average. (Is that a thing? There must be a baseball stat focused on the number of times a player gets on first?). In virtual sales, this is often referred to as “talk time”. Talk time is a leading indicator of sales opportunities. And it’s a critical one.
One: Amp up the dials my friends and resist the urge to feel frustrated.
It’s easy to curse your old pal Joe for not picking up all ten times you call. Hey, he may not even know you are calling. Or he may be ignoring you. Don’t give up. It takes about 7 tries to get over 90% of your targets on the phone. The trick is not cursing at Joe when he finally does pick up. Your job is to be genuinely happy to talk with him and NOT hold it against him that he launched you a few times. Tough, but really critical.
Two: Make yourself a call list.
I recommend segmenting by industry/talk track so you know what you want to talk about with every contact on your list. That way when someone picks up after 15 misses and you’re a bit startled, it’s an easy recovery.
Three: Be sure to bookmark these resources for more tips on improving your intros.
5 Tips For Mastering Your SWIIFT℠ Pitch
The Ultimate Sales Script To Get A Buyer’s Attention
Four: Be sure to sign up / subscribe to get notified of more phone sales tips like these.
If you’re serious about taking your remote selling to the next level and coming out ahead of your competition, check out our top-notch virtual training on all of these topics at The Sales Bar (the only bar actually open right now). Now may be the best time to invest in yourself and your teams.