Sales Coaching Processes and Methodologies That Work
Our Sales Coaches can help you improve sales skills and performance, as well as capture and grow revenue and market share very quickly. Most companies have already reduced costs dramatically, and their focus has shifted more than ever to top line growth and market share capture. So here are some questions you might be asking yourself:
- How do I know we have the best performers?
- Do we have the right sales and marketing strategy and processes for this changing market?
- Are our sales process and our people really effective?
- Do our people align well with our strategy and this changing market?
- Should we outsource or do we grow our sales organization ourselves?
- How can we increase revenues more rapidly?
- How do we maintain profitability?
- Are qualified leads becoming more difficult to source?
- How do I attract and retain very talented sales people?
- How did we repeat major sales wins? Why is wining so problematical?
- If I had more real horsepower in my sales team could we compete more effectively?
- How much specialized know-how do we need to break through what seems to be a roadblock in sales? Industry expertise doesn’t seem to matter as much. Why is that?
Why Hire a Sales Coach?
Sales OverDrive works with the board of directors, CEOs, executive teams and Sales and Marketing Leaders to help optimize and strengthen your revenue engine while coaching and mentoring your sales team to improve performance and new customer acquisition. Here are some of the things you can expect when you hire OverDrive for Sales Coaching:
- Sales coaching makes optimal performance possible by identifying, tracking and benchmarking performance against sales and marketing best practices. Our sales coaching is all focused on making an Immediate Impact on sales and marketing performance. Over the seventeen year life of the firm, we’ve assembled a terrific team of sales and marketing coaches with hundreds of years of combined experience. These professionals have full mastery of the immense OverDrive library of intellectual property and what tools processes will be right for you.
- These sales coaches are seasoned executives with decades of real-world sales and marketing success. They can help solve your most pressing problems and provide you with hands-on help coaching that should increase revenue immediately.
- Sales OverDrive coaches can also provide your company with some unique sales acceleration tools (“OverDrive key accelerators”) not available any where else. These unusual Sales OverDrive properties can help ensure that your company always wins. The OverDrive Key Accelerators are tailored to fit your company.
- Our sales coaches are committed to assisting you become best in class in your markets.
The OverDrive Sales Coaching Difference:
- Improve marketing, sales and overall team and leadership performance.
- Gain a sustainable competitive advantage in the marketplace.
- Expand trust, influence and communication within the organization and with prospects.
- Identify, develop and advance fast-track, high-performers.
- Improve execution and achieve revenue and performance goals more quickly.
- Mitigate conflict and ease uncertainty in decision making.
- Uncover blind spots and weaknesses that may be stalling your organization.
Sales Coaching Services
- Rapid Diagnostics Focused on Immediate Performance Improvements
- Marketing and Sales Leadership Assessment
- OverDrive Fast-Tack Performance Improvement
- Sales & Marketing Benchmarking and Management Reporting
- Recruiting, Team Building and Relationship Management
- Strategic and Operational Plan Development
A 5 year old software company was unable to close sales with key prospects. We helped identify and coach an experienced sales leader to more effectively close sales and implement a tailored OverDrive Sales Process. The following are results from implementing OverDrive Sales Coaching:
- In the first 90 days, three major deals closed, the pipeline doubled and sales cycle time dropped 40%.
- In year one, new revenue grew by $30 Million with over a 1000% ROI on sales and marketing investments. In year two the firm had achieved over $45 Million in revenue.
- New revenue doubled again and market dominance was achieved by the end of year three.
- Thereafter we provided Sales Coaches and Sales Trainers to keep the company on track and help accelerate momentum. Today the company has a revenue run rate of over $500 Million.
Sales OverDrive Coaching Differences
- On an ongoing basis and at a low monthly investment, you can rely on Sales OverDrive Coaches and Trainers to assist with coaching, advice and training in those areas that are most problematical.
- Gain a supportive, loyal ally and partner who will assist you address key challenges directly and openly. He or she will provide you with an additional source of encouragement, assistance and accountability for your team.
- Improve sales and marketing effectiveness and overall performance leadership.
- Increase your ability to achieve and sustain peak performance.
- Realize faster, more confident decision making.
- Improve time and priority management skills.
- Set achievable goals and commitment to performance and accountability.
- Gain a greater understanding of the strengths, weaknesses, challenges, threats and opportunities that face your company.
- Have greater visibility into behaviors that impact your goals and objectives.
- Access a skilled facilitator to assist in brainstorming, goal setting and strategic planning.
- And more …
All About Sales Coaches
A sales coach is an individual within a business who has the job of improving the performance and skills of employees. The actual role of a sales coach is often different depending on the individual company, the goals of the coach and the industry of the business. Several coaching philosophies and techniques exist. The role of a coach is different from that of a trainer. A sales trainer provides presentations that give employees different ideas or tools that each person can employ later while working. The training lasts for a certain amount of time and then ends. Sales coaching deals with each employee individually over a long period of time. Coaching sessions might be a regular weekly part of a job. The ultimate result is to make an employee better at sales and to improve the overall profits of the business.
There is not always a clear route to become a sales coach. Most coaches are promoted to the position from within the company. Others specifically seek training and certifications in different management and human resource techniques in order to become more effective at coaching. The general requirements for a sales coach are excellent communications skills, an understanding of business and strong sales or marketing experience. Many coaching positions have requirements that are similar to what is expected for managers, team leaders or supervisors. Executive sales coaches who help managers and executives to develop effective skills often have a history of experience providing coaching to businesses.
One of the most common ways that a sales coach works with the employees in a company is through one-on-one meetings or communications that are held at regular intervals. The meetings are a combination of a performance review, training and a feedback session. An important thing to note is that sales coaches are not supervisors or managers during these sessions. The intention of coaching is to foster a positive environment that encourages individual employees to learn new skills, improve weak areas and excel as part of the company. Punishments or disciplinary actions are not part of most coaching techniques.
During a meeting between a sales coach and an employee, what normally happens is an assessment of the strengths and weaknesses of the approach being used to generate sales. Performance metrics are also examined. The coach and the employee then establish sales goals for the next week, month or quarter. These goals are assessed at the next meeting to see if the employee has improved personal performance. If the effort was successful, then the goals are increased or changed. If the goals were not met, then the coach will offer sales tip, tools or other advice in order to help develop the skills of the employee. This process continues and can sometimes shift focus from pure sales to areas that are more specific such as improving upsales or reducing handle times.
It can sometimes be difficult to measure the success of a sale coach throughout the year. Changes in seasonal business volume, marketing and other factors tend to skew results up or down. This makes it hard to isolate the exact impact of the sales coach. One way that some coaches attempt to determine the success of different techniques is to segment the employees of the business into different groups who are given specific goals or strategies for a period of time. This helps to measure whether the coach has developed effective techniques that are providing measurable results.