A sales manger can motivate and inspire salespeople in three ways. Proper compensation plans, conducting effective sales and training meetings and helping salespeople set higher goals and objectives.
Salespeople are motivated by ambition, the need for recognition and of course compensation. To prompt salespeople to higher levels of performance it is necessary to design an effective compensations plan. An effective compensation plan is one that is going to help both the sales person and the company achieve their goals.
Companies must incentivize the behavior and results they want. The comp plan should emphasize the desired company outcome. Be it new clients, retention of clients, new product sales or gross profits. Whatever the compensation plan is it needs to be easily understood by the sales person. It should be so easily understood that the sales person could figure it out in their head.
Sales meetings provide an excellent opportunity for motivating, training and inspiring salespeople. Unfortunately, most sales meeting fall short on this. Many times the sales meeting becomes a forum for the manager to rant and rave about lagging sales, lack of activity or administrative policies and details.
Because of the social nature of most sales people sales meeting should be fun, educational and inspirational. It is also a place to publicly praise the sales team for anything positive. Sales people get beat up constantly so use this time to accentuate the positive and minimize the negative. The sales people should leave the sales meeting high as a kite not as low as a snake’s belly. Most managers fail miserably in this role.
Training prepares the sales person to maximize every customer encounter. A methodical selling process incorporates specific selling techniques that are custom-tailored for each buyer they interact with.
Through proper training, salespeople better understand their customer’s wants and needs. They’re also better equipped to cope with potential difficulties with the company’ products and services.
Well-trained sales people recognize genuine selling opportunities more readily than their untrained counterparts.
An effective sales training program brings new staff up to speed more quickly than when sales reps are forced to learn on their own, As a result frustrations are minimized and people are less inclined to go elsewhere.
The third part of motivation is goal setting. The manager’s role is to help sales people become more focused on specific, achievable personal goals that are aligned with the company’s goals. This requires spending time one-on-one with the sales people to help them enlarge the mental picture they have of themselves and what they can achieve. Some examples of goals might include: sales and gross profits for the year, obtaining more business from existing clients, acquiring new clients, retention of existing clients, etc.
High performance starts with clear unambiguous goals. They must define what success means to the individual and to the company.