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Improving Sales Productivity
                     Strategies and Tactics
SalesEdgeOne Sales Summit/ October 6, 2010



Andrew Rudin,
Managing Principal, Outside Technologies, Inc.
arudin@outsidetechnologies.com
Key Problem to Solve



Increase sales output per dollar spent.
Why “No thanks. We’re good
for now . . .” is a recipe for
sales disaster. . .
Customers tell us . . .
% of US & European customers selecting a given
 selling activity as “most destructive.”

    35% = too much contact
    20% = lack of product knowledge
    9% = lack of business or industry knowledge
    8% = sales style “too aggressive”
    8% = forgotten or ignored after the sale
    20% = other

    Source: McKinsey, 2009 n = 1,252
Every Selling System
. . . can fulfill its purpose in less time and at
  a lower cost.

. . . creates the need for new supporting
   systems.

. . . creates new selling problems.
Case #1


“I don’t care how you make your number,
  as long as you make it.”
Risks:

   Dependency on cash cows
   Fat, dumb, and happy
   Planning? What planning?
   No portfolio. Risks are concentrated
Case #2


“The direct channel and the reseller channel
  have different goals.”
Risks:

   Lost sales
   Looking stupid
   Channel sales clashes with direct sales
   Opportunity costs from infighting
Case #3



“Focus your efforts on reaching CXO’s!”
Risks:

   No validating opinions
   Bad assumptions
   Ability to understand the informal network
   Failure to connect with broader buying
    community
   “All eggs in one basket” syndrome
Tactics for managing risks

1. Accept
2. Eliminate
3. Reduce
4. Share
5. Transfer
Opportunities to improve sales
      productivity . . .
Categories of selling risks of concern to sales
 executives:

1. Economic
2. Competitive
3. Situational Awareness
4. Data integrity
5. Business process and workflow
. . . And some risks that are
            emerging . . .
1. Data in the cloud
2. Social bookmarking
3. Social media policy
Andrew Rudin,
Managing Principal, Outside Technologies, Inc.
arudin@outsidetechnologies.com



website:   www.outsidetechnologies.com
blog:      www.outsidetechnologies.wordpress.com

703.371.1242 (mobile)
www.xeesm.com/andyrudin

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Sales edgeone sales summit october 10 v3

  • 1. Improving Sales Productivity Strategies and Tactics SalesEdgeOne Sales Summit/ October 6, 2010 Andrew Rudin, Managing Principal, Outside Technologies, Inc. arudin@outsidetechnologies.com
  • 2. Key Problem to Solve Increase sales output per dollar spent.
  • 3. Why “No thanks. We’re good for now . . .” is a recipe for sales disaster. . .
  • 4. Customers tell us . . . % of US & European customers selecting a given selling activity as “most destructive.”  35% = too much contact  20% = lack of product knowledge  9% = lack of business or industry knowledge  8% = sales style “too aggressive”  8% = forgotten or ignored after the sale  20% = other Source: McKinsey, 2009 n = 1,252
  • 5. Every Selling System . . . can fulfill its purpose in less time and at a lower cost. . . . creates the need for new supporting systems. . . . creates new selling problems.
  • 6. Case #1 “I don’t care how you make your number, as long as you make it.”
  • 7. Risks:  Dependency on cash cows  Fat, dumb, and happy  Planning? What planning?  No portfolio. Risks are concentrated
  • 8. Case #2 “The direct channel and the reseller channel have different goals.”
  • 9. Risks:  Lost sales  Looking stupid  Channel sales clashes with direct sales  Opportunity costs from infighting
  • 10. Case #3 “Focus your efforts on reaching CXO’s!”
  • 11. Risks:  No validating opinions  Bad assumptions  Ability to understand the informal network  Failure to connect with broader buying community  “All eggs in one basket” syndrome
  • 12. Tactics for managing risks 1. Accept 2. Eliminate 3. Reduce 4. Share 5. Transfer
  • 13. Opportunities to improve sales productivity . . . Categories of selling risks of concern to sales executives: 1. Economic 2. Competitive 3. Situational Awareness 4. Data integrity 5. Business process and workflow
  • 14. . . . And some risks that are emerging . . . 1. Data in the cloud 2. Social bookmarking 3. Social media policy
  • 15. Andrew Rudin, Managing Principal, Outside Technologies, Inc. arudin@outsidetechnologies.com website: www.outsidetechnologies.com blog: www.outsidetechnologies.wordpress.com 703.371.1242 (mobile) www.xeesm.com/andyrudin