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Jan 10 2011

A Five Year Perspective on the Future of Professional Selling – Year One

Published by Jonathan Farrington at 2:40 am under General

Slightly later than advertised, over the next few weeks I am going to share my own predictions for the future of professional selling, and also those of a selection of good chums who are not only experts in their chosen fields, but who also have gained a reputation of being genuine thought leaders in the “sales space”

Will we all agree? Is the Pope a Muslim? You will soon discover that there is as much variation and diversity in our thinking as there are lead generation or CRM solutions. As many as that JF, I hear you gasp in awe – well at least in moderate surprise.

We begin by thinking about 2011, and we also begin by thinking about “inside sales”

Who better to kick us off, than the incredibly smart Josiane Feigon?

11 in 11
Smart Inside Sales Trends in 2011

Sales Snipers, Lead Development, and More

Time to exhale! After surviving 2009 and dusting ourselves off in 2010, we begin a new year that promises more vigor and spunk.

Corporations are already beginning to suffer from “frugality fatigue.” This year, many will finally dip into their savings pile and spend, making 2011 the year of the socially smart buyer. The SMB market is well positioned to deploy new trends . . . as long as they can see the ROI light at the end of the tunnel and enough friends within their circle of trust recommend or like you.

Inside sales organizations continue to grow at least 30% faster than their field counterparts, with more hybrid and remote reps. But the real “Sales Snipers” are the lead development teams, projected to grow up to 300%. It’s no longer about having the best salesforce — in
2011, the best lead development engines will win.

So take your protein pills, put your helmet on, and get ready to soar as the Sales Sniper Pilots take full ground control of their sales productivity, intelligence, and social tools and make a perfect landing on their target buyers.

1.  Virtual Salespeople: As inside organizations continue to grow, the need for cheaper and hungrier talent will explode. The buzzword is no longer off-shore outsourcing but out-of-state virtual employees — which means managers must pick up speed on managing remotely and in a virtual world.

2.  Your Social Graph Is the New Job Security: Salespeople will become their company’s chief customer officers, so their social footprint must expand. Social media will become standard operating procedure and an essential part of the entire sales cycle. Time to start designing KPI’s that reward reps who have a high social graph and tools IQ.

3.  Social Surfing Beats Setting Appointments: More and more appointments will be cancelled due to unpredictable schedules and long time requests. So change tactics: The best way to secure a meeting is for prospects to receive a thumbs- up review from someone within their social web. It’s time for inside sales to surf this new social wave and engage with their friends, fans and followers.

4.  Customers Are Mad as Hell: Listen up! Busy prospects are skittish, independent, impatient, and tired of being held in a sales head-lock. They will come to you when they’re ready and not before. Forget cold-calling — they will simply think it’s a rude interruption.

5.  The Hip and Hungry Boomer Reps: By all means refresh your inside sales talent in all categories — from leadgen, to inside sales, to hybrid — but don’t just look for college hires. Boomers are hip, hungry, and they’re not retiring anytime soon. Plus, the 50+ crowd doesn’t party all night! They will gladly accept a position from 7-3 pm without any travel.

6.  Hey Coach, Watch This: Managers must learn to coach and inspire, not embarrass and demotivate. Just because they “smiled and dialed” years ago doesn’t mean it’s still done the same way. Get your leadership skills in gear before your team members decides to take their resumes to the competition.

7.  Write On: Customer 2.0 wants to know who you are before they connect with you, which means that writing good content will be key to your survival. Comments on blog posts, engaging questions on LinkedIn discussion groups, inviting tweet streams, and killer subject lines will get their attention fast.

8.  No-Po Rehab Clinic Opens: It’s about time you stop hanging out with the wrong people- the No-Po’s who have No Power, No Potential and will never provide you with a Purchase Order. Just recognizing you are in the No-Po zone is the first step but going cold turkey is another. We can help with your No-Po addiction, sign up for a No- Po clinic.

9.  Nurture and Engage: Customer 2.0 likes to self-educate, and they prefer to vary their learning methods. Inventory your valuable content, strategically align it throughout the sales cycle, and make it contagious so it turns into an inbound well qualified lead.

10. Call Activity Gets a Makeover: Forget tracking 75 outbound calls per day and give your next call campaign a major make-over. The days of counting are gone. Its time to press refresh when it comes to metrics — and stop relying only on the phone!

11. Data grows Up: Data is everywhere, so there’s no excuse for not knowing. Get smart about what to do with all that data, and put the sales intelligence and analytics at your fingertips to use!

Make Smart Selling Choices in 2011

READ Josiane Feigon’s Smart Selling on the Phone and Online.  — the #1 best-selling inside sales sourcebook, written just for inside sales teams and managers who must navigate the Sales 2.0 landscape. This cubicle must-have is based on the proven and time-tested
 
TeleSmart10 System, the Sales 2.0 training methodology that global Fortune 500 companies rely on for developing their sales talent.

FOLLOW Cubicle Chronicles Blog: www.tele-smart.com/blog
LinkedIn: Smart Selling on the Phone and Online Group
Facebook: Smart Selling on the Phone and Online Facebook Fan Page
Twitter: @josianefeigon
Youtube.com/user/josianefeigon

For More Information, contact Josiane. Phone: 415-543-6537
Email:  getsmart@tele-smart.com

2 responses so far

2 Responses to “A Five Year Perspective on the Future of Professional Selling – Year One”

  1. [...] This post was mentioned on Twitter by Niall Devitt and others. Niall Devitt said: Via @jonofarrington A Five Year Perspective on the Future of Professional Selling Year One http://ow.ly/1aNvHS [...]

  2. Anonymouson 10 Jan 2011 at 4:01 am

    Overall, quite a good post. However, there are some fundamental flaws in logic here:

    1: Virtual salespeople
    The primary reason for off-shoring sales staff is cost cutting. I very much doubt having a salesperson in another state will have even half the cost saving benefits of off-shore labor.

    4: Customers are mad as hell
    “Forget cold-calling — they will simply think it’s a rude interruption”

    I don’t think I need to say more than this: cold calling is the heart that pumps the blood of sales. Without cold calling, you won’t make money.
    Smarter cold calling will certainly improve your results and responses from clients, but NO cold calling will leave you without a job.
    Social media and Linkedin are also integral, and will become core tools used by tomorrow’s salespeople, however the phone will always remain the primary source of direct sales. To suggest anything else is a cop-out.

    10: Call activity gets a makeover

    I agree that in some cases metrics can be misleading and irrelevant, and other things besides phone calls must be tracked. However, the general feel of this entire post, in my opinion, is proposing the new cop-out for sales people:

    social media+buzz words (Customer 2.0)+good marketing=sales
    conveniently forgetting that:
    product knowledge+strategy+hard work (Cold calling)+effective execution=sales

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