© 2014 Peter Strohkorb Consulting, all rights reserved
Introducing the
OneTEAM Method
“How to stop losing sales in today’s challenging
business environment.”
© 2014 Peter Strohkorb Consulting, all rights reserved
Poor Sales and Marketing team collaboration:
What are some of the Symptoms ?
Too many sales reps
are not hitting their
targets
Sales reps can’t find the right
content and are creating their
own marketing material,
instead of selling
Too many sales are lost, or
are stuck at ‘Wait and See’
New sales reps take
6 months+ to ramp up
There is too much price
discounting
Marketing has poor
visibility of what collateral
the sales reps use, or how
they use it
Marketing is reactive to the
more vocal sales reps
instead of supporting all
Us and Them’ attitude creates
an unattractive work
environment with poor staff
morale creeping in
© 2014 Peter Strohkorb Consulting, all rights reserved
What do other Experts say ?
“67% of sales professionals do not achieve their
personal sales quota.”
- The TAS Group
“~60% of sales pipeline is stuck with no decision
pending.”
- Qvidian
"Only 25% of sales leads and collateral that Marketing
creates is ever used by Sales teams.“
- IDC
“Less than 35% of a sales rep’s time is spent selling.”
- CSO Insights
“Almost 78% of newly hired sales reps take 6 months
or longer to become fully proficient at selling.”
- Accenture, Connecting the Dots on Sales
Performance
© 2014 Peter Strohkorb Consulting, all rights reserved
Our Research shows:
0
0.1
0.2
0.3
0.4
0.5
Non-Growth Organizations Growth Organizations
65%
35%
Comparison of Business Success in Organizations
with Poor Sales+Marketing Collaboration
“Organizations with low
Sales + Marketing Collaboration
almost double their risk of declining sales.”
© 2014 Peter Strohkorb Consulting, all rights reserved
Some Outcomes of
Sales Productivity Improvement Initiatives
Better communicate value
in selling process
Making selling resources
more accessible and
aligned to buyers
Make sales process more
consistent
Improve top rep retention
Improve customer
retention
Visibility into what’s not
working
© 2014 Peter Strohkorb Consulting, all rights reserved
So, how can we raise Sales Productivity?
6
87% is forgotten within 30 days
(Ebbinghaus)
Risky, and ramp up time is costly ($60k+ for the first 6 months)
(Forrester, et al)
Stuffing more leads into the sales funnel will not resolve a sales
productivity problem (Peter Strohkorb Consulting)
MORE
sales training?
MORE
sales reps?
MORE
sales leads?
NO
NO
NO
© 2014 Peter Strohkorb Consulting, all rights reserved
So, how can we raise Sales Productivity?
We need a holistic Program that addresses all three dimensions of
the issue:
The “Productivity Trinity” of
• People first,
• Processes second, and
• Technology third.
7
© 2014 Peter Strohkorb Consulting, all rights reserved
Introducing the OneTEAM Method
A holistic Framework to vastly improve Sales
Productivity through tighter Collaboration
between Sales and Marketing teams.
8
© 2014 Peter Strohkorb Consulting, all rights reserved
© 2014 Peter Strohkorb Consulting, all rights reserved
Marketers now understand what they need to do to better support
Sales. They have stopped spending time and effort on things that Sales
don’t use or value. They now feel appreciated by Sales.
Sales people can now focus on selling. They have recovered the time
they used to spend on creating their own marketing collateral and on
searching for the right marketing content. They feel supported by
Marketing.
Sales Reps become more effective. Having the right collateral at hand
when they need it makes them more credible in the market, resulting in
more closed sales, higher margins and better retention.
Everybody wants to work in a collaborative organisation. Your new
team environment attracts high performers, lifting quality and morale
across the entire organisation.
OneTEAM Method Results
9
© 2014 Peter Strohkorb Consulting, all rights reserved
What is the Business Potential?
10
Sample Calculation 1: Lift lower tier sales reps’ productivity by just 5%
1st Year 2nd Year 3rd Year 3 year Total
Annual Sales Target (assuming 8% growth p.a.) $100,000,000 $108,000,000 $116,640,000
# of Salespeople 40 40 40
Sales Team Performance Categories
Top Sales Team Revenue Contribution 50% $50,000,000 $54,000,000 $58,320,000
2nd Rate Sales Team Revenue Contribution 35% $35,000,000 $37,800,000 $40,824,000
Bottom Sales Team Revenue Contribution 15% $15,000,000 $16,200,000 $17,496,000
Total Actual Sales 100% $100,000,000 $108,000,000 $116,640,000
Sales Effectiveness of the 2 bottom teams
increased by just 5% p.a.
Revenue $102,500,000 $110,700,000 $119,556,000 332,756,000
Revenue Increase $ $2,500,000 $2,700,000 $2,916,000 $8,116,000
© 2014 Peter Strohkorb Consulting, all rights reserved
What is the Business Potential?
11
Sample Calculation 2: Reduce reps’ discounting by just 2%
1st Year 2nd Year 3rd Year 3 Year Total
Annual Sales Target (assuming 8% growth p.a.) $100,000,000 $108,000,000 $116,640,000
How many Salespeople ? 40 40 40
Avg Discount Given before OneTEAM Method 5% 5% 5%
Avg Discount Given with OneTEAM Method 3% 3% 3%
Additional Sales Revenue p.a. $2,000,000 $2,169,000 $2,332,800 $6,501,800
Improved Profit p.a. (assuming 40% sales margin) $800,000 $867,000 $933,120 $2,600,720
© 2014 Peter Strohkorb Consulting, all rights reserved
What is the Business Potential?
12
Sample Calculation 3: Just 5% more sales deals won, or 5% fewer ‘Stuck’ deals
1st Year 2nd Year 3rd Year 3 Year Total
Annual Sales Target (assuming 8% growth p.a.) $100,000,000 $108,000,000 $116,640,000
Avg Sales Price per Solution $20,000 $20,000 $20,000
Avg. Sale Closing Rate (assuming 5% improvement p.a.) 33.3% 35.0% 36.7%
Additional Sales Revenue p.a. $3,333,350 $3,510,019 $3,688,761 $10,532,130
Improved Profit p.a. (assuming 40% margin) $1,166,673 $1,228,507 $1,291,067 $3,686,246
© 2014 Peter Strohkorb Consulting, all rights reserved
© 2014 Peter Strohkorb Consulting, all rights reserved
What is the Business Risk ?
13
Sample Calculation 4: Just 5% fewer sales deals won, or 5% more ‘Stuck’ deals
1st Year 2nd Year 3rd Year 3 Year Total
Annual Sales Target (assuming 8% increase p.a.) $100,000,000 $108,000,000 $116,640,000
Number of Sales People 40 40 40
Avg Sales Price per Solution $20,000 $20,000 $20,000
Avg. Sale Closing Rate (assuming 5% decrease p.a.) 33.33% 31.67% 30.08%
Lost Sales Revenue p.a. $3,333,350 $3,690,017 $4,077,558 $11,100,925
Lost Profit p.a. (assuming 40% margin)
$1,333,340 $1,476,007 $1,631,023 $4,440,370
© 2014 Peter Strohkorb Consulting, all rights reserved
© 2014 Peter Strohkorb Consulting, all rights reserved
Greater Sales Productivity delivers the following Outcomes:
• Financial : Faster closing rate, higher margins, fewer lost sales, higher revenue, more profit
• Strategic : More responsive, nimble and competitive business, ready to deal with change at
lower risk
• Operational : More efficient processes, lower cost, fewer errors, less delay
• Cultural : High performing teams in more collaborative environment, better staff
engagement, higher job satisfaction and staff retention
© 2014 Peter Strohkorb Consulting, all rights reserved
OneTEAM Outcomes
© 2014 Peter Strohkorb Consulting, all rights reserved
CSO Insights 2013 Study*
15
*CSO Insights 2013 Sales Performance Optimization Study
During the coming year what, if any,
sales effectiveness initiatives will your
company be undertaking to improve
sales performance
© 2014 Peter Strohkorb Consulting, all rights reserved
The OneTEAM Method At a Glance
NOW
Sales feels
under-
supported by
Marketing and
is not achieving
the targets
Blame and
finger-pointing
disengage
your high
performers
Marketing
produces sales
collateral but
is uncertain of
what really
works
FUTURE Marketing
understands
what works
and is now
highly
appreciated
The new
collaborative
team
environment
attracts high
performing
talent
Sales now hits
the targets and
feels better
supported
High Level
•Benchmarking
•ROI Estimate
•Opportunities
High Level
•Situation
•Problems
•Opportunities
360 detailed
Snapshot
•Sales
•Marketing
•Customers
Remediation
•People
•Processes
•Technology
•Ongoing
Improvement
Free
5 minute online
OneTEAM Method
ROI Check and Self-
Assessment Test
Free 1 hour
face-to-face
OneTEAM Method
Discovery Session
($695 value)
60-90 days
OneTEAM Method
Opportunity
Assessment
3-12 months
OneTEAM Method
Implementation
Free Services Assessment Implementation
© 2014 Peter Strohkorb Consulting, all rights reserved
+61 411 865 301
info@ps-consulting.com.au
More information is at
www.ps-consulting.com.au
Contact Us
THANK YOU

Peter Strohkorb Consulting International Introducing The OneTEAM Method

  • 1.
    © 2014 PeterStrohkorb Consulting, all rights reserved Introducing the OneTEAM Method “How to stop losing sales in today’s challenging business environment.”
  • 2.
    © 2014 PeterStrohkorb Consulting, all rights reserved Poor Sales and Marketing team collaboration: What are some of the Symptoms ? Too many sales reps are not hitting their targets Sales reps can’t find the right content and are creating their own marketing material, instead of selling Too many sales are lost, or are stuck at ‘Wait and See’ New sales reps take 6 months+ to ramp up There is too much price discounting Marketing has poor visibility of what collateral the sales reps use, or how they use it Marketing is reactive to the more vocal sales reps instead of supporting all Us and Them’ attitude creates an unattractive work environment with poor staff morale creeping in
  • 3.
    © 2014 PeterStrohkorb Consulting, all rights reserved What do other Experts say ? “67% of sales professionals do not achieve their personal sales quota.” - The TAS Group “~60% of sales pipeline is stuck with no decision pending.” - Qvidian "Only 25% of sales leads and collateral that Marketing creates is ever used by Sales teams.“ - IDC “Less than 35% of a sales rep’s time is spent selling.” - CSO Insights “Almost 78% of newly hired sales reps take 6 months or longer to become fully proficient at selling.” - Accenture, Connecting the Dots on Sales Performance
  • 4.
    © 2014 PeterStrohkorb Consulting, all rights reserved Our Research shows: 0 0.1 0.2 0.3 0.4 0.5 Non-Growth Organizations Growth Organizations 65% 35% Comparison of Business Success in Organizations with Poor Sales+Marketing Collaboration “Organizations with low Sales + Marketing Collaboration almost double their risk of declining sales.”
  • 5.
    © 2014 PeterStrohkorb Consulting, all rights reserved Some Outcomes of Sales Productivity Improvement Initiatives Better communicate value in selling process Making selling resources more accessible and aligned to buyers Make sales process more consistent Improve top rep retention Improve customer retention Visibility into what’s not working
  • 6.
    © 2014 PeterStrohkorb Consulting, all rights reserved So, how can we raise Sales Productivity? 6 87% is forgotten within 30 days (Ebbinghaus) Risky, and ramp up time is costly ($60k+ for the first 6 months) (Forrester, et al) Stuffing more leads into the sales funnel will not resolve a sales productivity problem (Peter Strohkorb Consulting) MORE sales training? MORE sales reps? MORE sales leads? NO NO NO
  • 7.
    © 2014 PeterStrohkorb Consulting, all rights reserved So, how can we raise Sales Productivity? We need a holistic Program that addresses all three dimensions of the issue: The “Productivity Trinity” of • People first, • Processes second, and • Technology third. 7
  • 8.
    © 2014 PeterStrohkorb Consulting, all rights reserved Introducing the OneTEAM Method A holistic Framework to vastly improve Sales Productivity through tighter Collaboration between Sales and Marketing teams. 8 © 2014 Peter Strohkorb Consulting, all rights reserved
  • 9.
    © 2014 PeterStrohkorb Consulting, all rights reserved Marketers now understand what they need to do to better support Sales. They have stopped spending time and effort on things that Sales don’t use or value. They now feel appreciated by Sales. Sales people can now focus on selling. They have recovered the time they used to spend on creating their own marketing collateral and on searching for the right marketing content. They feel supported by Marketing. Sales Reps become more effective. Having the right collateral at hand when they need it makes them more credible in the market, resulting in more closed sales, higher margins and better retention. Everybody wants to work in a collaborative organisation. Your new team environment attracts high performers, lifting quality and morale across the entire organisation. OneTEAM Method Results 9
  • 10.
    © 2014 PeterStrohkorb Consulting, all rights reserved What is the Business Potential? 10 Sample Calculation 1: Lift lower tier sales reps’ productivity by just 5% 1st Year 2nd Year 3rd Year 3 year Total Annual Sales Target (assuming 8% growth p.a.) $100,000,000 $108,000,000 $116,640,000 # of Salespeople 40 40 40 Sales Team Performance Categories Top Sales Team Revenue Contribution 50% $50,000,000 $54,000,000 $58,320,000 2nd Rate Sales Team Revenue Contribution 35% $35,000,000 $37,800,000 $40,824,000 Bottom Sales Team Revenue Contribution 15% $15,000,000 $16,200,000 $17,496,000 Total Actual Sales 100% $100,000,000 $108,000,000 $116,640,000 Sales Effectiveness of the 2 bottom teams increased by just 5% p.a. Revenue $102,500,000 $110,700,000 $119,556,000 332,756,000 Revenue Increase $ $2,500,000 $2,700,000 $2,916,000 $8,116,000
  • 11.
    © 2014 PeterStrohkorb Consulting, all rights reserved What is the Business Potential? 11 Sample Calculation 2: Reduce reps’ discounting by just 2% 1st Year 2nd Year 3rd Year 3 Year Total Annual Sales Target (assuming 8% growth p.a.) $100,000,000 $108,000,000 $116,640,000 How many Salespeople ? 40 40 40 Avg Discount Given before OneTEAM Method 5% 5% 5% Avg Discount Given with OneTEAM Method 3% 3% 3% Additional Sales Revenue p.a. $2,000,000 $2,169,000 $2,332,800 $6,501,800 Improved Profit p.a. (assuming 40% sales margin) $800,000 $867,000 $933,120 $2,600,720
  • 12.
    © 2014 PeterStrohkorb Consulting, all rights reserved What is the Business Potential? 12 Sample Calculation 3: Just 5% more sales deals won, or 5% fewer ‘Stuck’ deals 1st Year 2nd Year 3rd Year 3 Year Total Annual Sales Target (assuming 8% growth p.a.) $100,000,000 $108,000,000 $116,640,000 Avg Sales Price per Solution $20,000 $20,000 $20,000 Avg. Sale Closing Rate (assuming 5% improvement p.a.) 33.3% 35.0% 36.7% Additional Sales Revenue p.a. $3,333,350 $3,510,019 $3,688,761 $10,532,130 Improved Profit p.a. (assuming 40% margin) $1,166,673 $1,228,507 $1,291,067 $3,686,246 © 2014 Peter Strohkorb Consulting, all rights reserved
  • 13.
    © 2014 PeterStrohkorb Consulting, all rights reserved What is the Business Risk ? 13 Sample Calculation 4: Just 5% fewer sales deals won, or 5% more ‘Stuck’ deals 1st Year 2nd Year 3rd Year 3 Year Total Annual Sales Target (assuming 8% increase p.a.) $100,000,000 $108,000,000 $116,640,000 Number of Sales People 40 40 40 Avg Sales Price per Solution $20,000 $20,000 $20,000 Avg. Sale Closing Rate (assuming 5% decrease p.a.) 33.33% 31.67% 30.08% Lost Sales Revenue p.a. $3,333,350 $3,690,017 $4,077,558 $11,100,925 Lost Profit p.a. (assuming 40% margin) $1,333,340 $1,476,007 $1,631,023 $4,440,370 © 2014 Peter Strohkorb Consulting, all rights reserved
  • 14.
    © 2014 PeterStrohkorb Consulting, all rights reserved Greater Sales Productivity delivers the following Outcomes: • Financial : Faster closing rate, higher margins, fewer lost sales, higher revenue, more profit • Strategic : More responsive, nimble and competitive business, ready to deal with change at lower risk • Operational : More efficient processes, lower cost, fewer errors, less delay • Cultural : High performing teams in more collaborative environment, better staff engagement, higher job satisfaction and staff retention © 2014 Peter Strohkorb Consulting, all rights reserved OneTEAM Outcomes
  • 15.
    © 2014 PeterStrohkorb Consulting, all rights reserved CSO Insights 2013 Study* 15 *CSO Insights 2013 Sales Performance Optimization Study During the coming year what, if any, sales effectiveness initiatives will your company be undertaking to improve sales performance
  • 16.
    © 2014 PeterStrohkorb Consulting, all rights reserved The OneTEAM Method At a Glance NOW Sales feels under- supported by Marketing and is not achieving the targets Blame and finger-pointing disengage your high performers Marketing produces sales collateral but is uncertain of what really works FUTURE Marketing understands what works and is now highly appreciated The new collaborative team environment attracts high performing talent Sales now hits the targets and feels better supported High Level •Benchmarking •ROI Estimate •Opportunities High Level •Situation •Problems •Opportunities 360 detailed Snapshot •Sales •Marketing •Customers Remediation •People •Processes •Technology •Ongoing Improvement Free 5 minute online OneTEAM Method ROI Check and Self- Assessment Test Free 1 hour face-to-face OneTEAM Method Discovery Session ($695 value) 60-90 days OneTEAM Method Opportunity Assessment 3-12 months OneTEAM Method Implementation Free Services Assessment Implementation
  • 17.
    © 2014 PeterStrohkorb Consulting, all rights reserved +61 411 865 301 info@ps-consulting.com.au More information is at www.ps-consulting.com.au Contact Us THANK YOU