I recall reading Skip Miller’s “ProActive Sales Management”, where he states: “If you, as a sales manager, do not know if you are going to make the year after the first quarter, the battle is over. Now you better be lucky.” I should think we can include front line sales people. Given the “advancements” in sales technology since the above statement was made, there is no reason why sales people should not be in a position to know how their year will turn out and what they have to do to make sure it turns out above quota. But based on numerous sources, many do not have a clue where they are at the end of Q1, and are destine to continue to travel the rest of the year in the same clueless bliss.
Well, whether you’re a manager or a rep, Q1 ends this Friday, where are you going to be come Monday?
Reps need to have much greater control of things in their pipelines than they do over events in their brackets, where they have no direct control. There are two key things reps need to do to avoid March Sadness, have a clear positive view of the path forward, and exceed quota.
Your Quota Is Not A Plan
Part of the challenge is that many do not take the time to plan, either in a big picture way at the start of the year, quarter, and each month. Sure everyone has a strategy, but your architects aren’t gonna build your building, you need construction guys to do that, with their tactical plan and skill to translate the architect’s output to a viable structure.
Too many sales people see their quota as a plan, it is not, it is a destination, and should be leverage as such. It is still up to you to plan your step by step success and execution that leads to it. Despite the talk of ABM, many reps do not extend that work into a territory execution plan or account plan. Activity based on KPI’s is not execution of a plan, sure things get done, sometimes even according to “plan”. Given that the prospect/client is yours, the quota is yours, should not the execution plan and actions taken also be yours? If you answered yes, then why are so many sellers achieving less? Sure a paint by numbers painting is a picture, but it is hardly art. Hitting KPI’s set by someone else, is not selling.
Who is the Villanova in your Pipeline/Base?
I had a number of conversations with reps last week looking at the end of Q! and forward. One common factor is the lack of a viable pipeline. I know people don’t like to bring numbers in to sales, seems to confuse the issue with facts, but it is not hard to look at people’s pipelines to see that much of their sorrows can be addressed with a bit of prospecting. But there is no shortage of excuses as to why they can’t or won’t prospect at sufficient levels to drive quota. If you have a close ratio of 4:1, it is not hard to know what you should have in your pipeline, and if you’re short, you gotta prospect.
Instead many tell me that they can make up the gap from existing clients, or they have a big opportunity they are working on, “a sure thing”.
You know what they say, a picture is worth a thousand words, just substitute brackets with pipelines, and then take a look at yours: