Nz sales manager issue 72

Page 1

June 2013 Issue 72

Warwick Beban INTERVIEW WITH

CEO KONICA MINOLTA

Winning Sales

Presentations

Keep yourself on

track to achieve results Leaving Effective

Voicemails NZ’s e-mag for sales leaders

1 / www.nzsalesmanager.co.nz


CONTENTS 6

THIS WEEK'S MUST READ

We Interview Warwick Beban CEO of Konica Minolta

11

Winning Sales Presentations 12 tips for success

14

TWO MINUTE TOP UP Keep yourself on track to achieve results A thirst to excel

16

Resource corner Zero-Time Selling 10 Essential Steps to Accelerate Every Company’s Sales

17

Quick Fix Leaving Effective Voicemails It’s not what you sell, it’s how you sell

www.nzsalesmanager.co.nz / 2

18

CALENDAR

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THE CLOSE


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ABOUT / Short and sharp, New Zealand

FROM THE EDITOR

Sales Manager is a free e-magazine delivering thought provoking and enlightening articles, and industry news and information to forwardthinking sales managers, business owners and sales professionals.

EDITOR / Paul Newsom

I thoroughly enjoyed working with

Sales people who back themselves

Warwick Beban, CEO of Konica

to be successful where others

Minolta, to prepare our lead article

haven’t, and who are committed to

in this issue.

excellence in personal development

I find Warwick’s insights into sales and

sales

management

very

thought provoking, particularly what it takes to be successful in sales, and what he looks for when recruiting sales people. I agree with Warwick that successful

will provide very useful bench marks for anyone who is recruiting to fill a sales vacancy. The ability to intuitively spot sales talent that does not fit the ‘standard’ as Warwick describes, is a huge asset to any successful sales manager.

ART DIRECTOR / Jodi Olsson GRAPHIC DESIGNER / Sevim Dogru GROUP EDITOR / Trudi Caffell CONTENT ENQUIRIES / Phone Paul on 04 586 4733 or email pauln@nzsalesmanager.co.nz ADVERTISING ENQUIRIES / Phone Richard on 09 522 7257 or email richardl@espiremedia.com ADDRESS / NZ Sales Manager, C/- Espire Media, PO Box 99758, Newmarket, Auckland 1151, NZ

sales people do not necessarily

Happy Selling

make successful sales managers, for

Paul

WEBSITE / nzsalesmanager.co.nz

a variety of reasons.

ISSN 2230-4762

NZ Sales Manager would like to acknowledge the support of our major partners

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MUST READ

We Interview Warwick Beban CEO of Konica Minolta Newly appointed CEO of Konica Minolta, Warwick

NZSM:

Beban, joined the sales team fresh out of university.

organised Warwick?

Early success saw him soon promoted into branch

WB:

management and he has not looked back. We

organised geographically across 16 branches. Each

caught up with Warwick to find out his secrets to

account manager is responsible for a geographic

sales and sales management success.

territory dealing with SME businesses with some

www.nzsalesmanager.co.nz / 6

How is the sales team

Primarily our sales team (about 70) is


MUST READ

large local enterprise clients. In addition we have a

the lows. The best and most successful people I

dedicated Education team who focus on education

have seen have always had a ton of natural talent

clients across the country. In the larger centres we

and drive which is hard (if not impossible) to train.

have dedicated Enterprise Account Managers who are responsible for the top tier of local and national enterprise businesses. Lastly we have a dedicated team of Production Print Specialists who are

I loved the environment but the thing that really excited me about sales was the more effort I put in, the more I could earn.

responsible for that highly specialised market.

NZSM: How can you identify top sales people

NZSM: Born to sell or trained to sell?

at an interview?

Which is it?

WB: Sales people often turn up saying they want

WB: I think born. The training is important and

to be a manager. A top sales person will turn up

should be a priority for all sales leaders, but I think

saying they want to be the best sales person in

all people who succeed in sales have a natural

our company. We even had someone who said in

inclination. You have to be able to relate to people,

their interview that they wanted the worst territory

to be able to ask them the tough questions and be

we had and he would make it a success. He got

someone who loves the highs more than they hate

it, and he did turn it into a success. That is my

“I LOVED THE ENVIRONMENT BUT THE THING THAT REALLY EXCITED ME ABOUT SALES WAS THE MORE EFFORT I PUT IN, THE MORE I COULD EARN.” benchmark for someone who backs themselves. A

products / services, your planning, your time

top sales person will always ask a lot of good, open

management, your communications and your

questions, qualifying the opportunity and testing

customer service – delight them.

whether they fit the role on offer.

NZSM:

What are the top three qualities or

attributes that are needed to succeed in sales?

WB: 1. See yourself as someone who is better than being ‘average’. Have the drive to want a better house, better holidays, a better life. Mediocrity is the enemy of being a successful sales person. 2. Be expert at the fundamentals – managing your territory / client base, the sales process, your

3. Be self aware and commit to developing yourself. The most successful people I have seen are very aware of their weaknesses and work very hard to improve those weaknesses. They will also read and consult widely and have a strong commitment to their own development.

NZSM: If you are good at selling and train to be a manager, does that make you a good sales manager?

WB:

Not necessarily. I think most people who

transition from sales to sales management have 7 / www.nzsalesmanager.co.nz


MUST READ

to deal with the fact they have

a random process. Get the

NZSM: What is the most

gone from being the centre of

basic disciplines and activities

important thing a sales manager

attention to being the last person

in place, measure them and

does each week, month

who should be considered. As a

hold people to account

and year?

sales manager your efforts have to be to support the team and their individual and collective success, not to push your own profile. If you get that right, your profile and value will rise anyway, but if it is only ever about you then you will struggle to create a long term, engaged team who will strive for success as much for you as themselves.

NZSM:

What are your three

top tips for a sales manager?

WB: 1. Be yourself. Don’t let the role go to your head. You will get your rewards if your

3. Commit to training your team. There is no substitute for expertise in professional sales, product know.

NZSM:

What are the top

three qualities or attributes that are needed to succeed in sales management?

WB: WEEKLY: Review the outcomes of the week with every member of the team and agree the outcomes for the following week – setting short term, meaningful SMART objectives to build long term success. MONTHLY: Review the monthly

WB:

performance with each individual,

1. Set the standards, measure

were agreed and agree the

them and enforce them.

priorities and actions for the

2. Lead from the front, add

coming month. This is about

value to your team and your clients. 3. Invest in recruitment. Your

the actions and outcomes that

setting slightly longer term objectives with each individual to proactively manage performance – ensuring good performers stay

team succeeds – that is your

recruitment decisions will

measure of success.

on track, and poorer performers

be your most important

are not falling away too far

so recruit widely, wisely

while you work on getting them

and patiently.

on track.

2. Set the basic disciplines and manage them. Sales is not

www.nzsalesmanager.co.nz / 8


MUST READ

the enterprise area it is different and a more complex process. When I started it was in a very transactional role and not being brave / confident enough to ask for the order cost me a lot of sales and a lot of money. At the end of the day our job as sales people is to secure the order, whether it is for $10 or $10 million. My experience is that many sales people are not confident in closing a sale. I was one of them but I soon

YEARLY: Write a business plan

NZSM: Which sales or sales

for your team. Create a plan

management success are you

that is real, measurable and that

most proud of?

can be reviewed regularly with

WB: I have a number of

the team. This is not just about

individuals which I have bought

the numbers but the standards

into our busin ey were probably

NZSM: One thing a sales

and commitments that the team

“risky” appointments but

manager can’t do without?

will live by. Set the blueprint

intuitively I believed they could

WB:

for success for the year ahead –

be successful, and they have

a comprehensive CRM system.

activity levels, training schedule,

been. I have greatly enjoyed

Everything should end up in that

target clients, team objectives.

seeing them reach the standards

– activity metrics, pipeline, win/

Get your team’s input to the

they have with the results that

loss ratios, profitability, customer

plan as something they will also

have come from that.

engagement notes and individual

own, set the standards and goals and then you have something to consistently measure yourself and your team against.

NZSM: What is the biggest

learnt. If I wasn’t asking for the order I had two or three very good / competent competitors who were.

Other than a good team,

opportunity potentials.

mistake you have made in sales,

NZSM:

and what did you learn from it?

sales management book or

WB:

resource?

Not closing the sale. In

Favourite sales, or

9 / www.nzsalesmanager.co.nz


MUST READ

SOMEONE ONCE SAID TO ME THAT “SALES IS THE BEST PAYING HARD JOB AND THE LOWEST PAYING EASY JOB.” WB: www.nzsalesmanager.co.nz of course. Also,

person to help them solve their problems, whether it

not specifically a sales management resource, but

is through greater efficiency, greater value or better

one of the best business books I have read is ‘Good

customer service. This requires more expertise

to Great’ by Jim Collins. It gives a great perspective

and confidence from the sales person but get it

on business and driving change.

right, solve the clients problems and the success will follow.

NZSM: Your advice to succeed in sales in 2013? WB: We have been exposed to some research

NZSM:

recently which probably supports what we intuitively

into sales or sales management, what advice

knew. In the post GFC environment, the sales

would you give them?

person profile most likely to succeed is that of the

WB: Being in sales can lead to a wonderful

Challenger. The Challenger is someone who will

career. Someone once said to me that ‘sales is the

actively confront and challenge the client – about

best paying hard job and the lowest paying easy

the way they do business, the way they engage with

job.’ That is 100 per cent like it is. If you want a

their clients and the way the sales person can help

predictable, 8-5 job with no personal accountability

with that. These are not friendly coffee meetings

then sales is probably the wrong direction to take.

talking about the weekend and each other’s kids.

If you back yourself, accept that being in sales is a

These are hard questions and conversations about

professional career and are prepared to learn, then

the clients business and the ability for the sales

it is like nothing else.

www.nzsalesmanager.co.nz / 10

And for anybody thinking of moving


QUICK FIX

QUICK FIX

It’s not what you sell, it’s how you sell.

Leaving Effective Voicemails If you are leaving voice messages and finding your

poor choice of words are all sure signs of a lack of

calls are not returned then pause before you make

preparation. Your call is unlikely to be returned.

the next call.

So before making those important calls:

You should of course be prepared to speak when the phone is picked up, but if you are trying to get access at executive level, you could be trying a long time. You should therefore be equally prepared to leave a message. Rambling, hesitation, and

Think through your voice message. Write it down and get it right.

Practise reading it aloud. Record it and play it back to yourself. How does it sound? Would you return the call?

Why are some people more successful than others? Why do only a small number of people ever achieve their goals? Brian Tracy Training and Development Programmes can help you achieve your personal and business goals faster by teaching you proven techniques that have been successfully used by many of the world’s top achievers.

For more information visit www.kndconsultancy.co.nz or call us on 09 889 1100 KND Consultancy is a management consultancy company specialising in change and11 strategic management, now / www.nzsalesmanager.co.nz offering Brian Tracy training programmes in New Zealand. 11 / www.nzsalesmanager.co.nz


Winning Sales

Presentations By Debbie Mayo-Smith

C

12 tips for success

reating a great sales presentation isn’t

you to vastly improve your success when putting

very different to crafting a great speech.

together and delivering a sales presentation.

You want to keep attention. Motivate.

Convince. Move to action.

1. TO WHOM ARE YOU SPEAKING? Be prepared before you go in and know as much

Here is a formula that I follow (learnt from the

about your audience as possible. Age, attitude,

American maestro Patricia Fripp) that should help

industry and gender will all have a bearing on how

www.nzsalesmanager.co.nz / 12


you present your points. Men and women have

and gentlemen, thank you for having us here,” just

different senses of humour. Younger audiences will

cost you over $8,300 by wasting 10 seconds.

be more impatient than older, ‘C’ level executives

Open differently and strongly. Paint a picture.

who don’t need the details. Your presentation style

Take them into the future. Describe how they’re

and content must fit their perspective.

benefiting from the clever decision they made years

2. YOU ARE NOT THE HERO

ago working with you. Decision makers want to

What is the ratio of your PowerPoint slides (or

benefit the company, they also want personally to

written material) devoted to your company vs. the

be sure they are taking the right action. So highlight

potential client? It stands to reason if you are invited

how they’ll be remembered for doing the right thing

to pitch, you have already passed the preliminary

by using your company (don’t make it too much of a

vetting. The convincing is done. Wow them, stand

butter up though).

out from your competition by focusing on them -

5. ANSWER QUESTIONS UP FRONT

not stories of you, your company, achievements or

What do they want to know from you? How can

accolades. Do you like listening to egotistical sales

you help them? If you’re more expensive, will take

people? Share the glory with sales teams. Ensure

longer, or are the underdog – do not ignore the

you put the prospective company in the lime light.

fact. They’re thinking it. Come straight out early into

3. I - YOU RATIO

the presentation with a ‘I know what you’re thinking’

Likewise look through your sales presentations

statement, then answer their objections.

and count how many I’s, we’s and us’s you have.

6. PREMISE

Make certain your slides and stories are about

Build the sales presentation around the structure

them, not you. Change the perspective at every

of how they will benefit from what you are asking

opportunity possible.

them to do. “You will save $2 million dollars by

Wrong: “Our company is number one in ….”

using our software”, or, “You will cut maintenance expenditure by 20 per cent”. Phrase it so they say

Right: “You benefit from our number one

to themselves ‘how?’ You then answer in a logical

standing because….”

and structured way.

4. STRONG OPENING

7. POINTS LAID OUT LOGICALLY

If you’re pitching a $500,000 contract and have only

You can help them make $2 million. How? You

10 minutes, then starting with “good morning ladies

enumerate and discuss the points one by one with

13 / www.nzsalesmanager.co.nz


examples. Point one is cutting costs. Point two

SITUATIONS VACANT

increasing revenue. Point three is boosting staff productivity. Highlighting points by telling a story will work infinitely better for you than simply stating

FANTASTIC CAREER

it or just saying why. By the way, you turn masterful

OPPORTUNITY

in your sales presentation story telling skills when you give your stories flesh and blood characters and dialogue.

8. SEAMLESS TRANSITION Moving from a main point (cutting costs) to the next (increasing revenue) should have a smooth flow instead of an abrupt change. Carrying on our example you could transition by saying, “lowering costs is only one side of the equation of boosting

FOR SALES EXECUTIVES

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you how we help”. That places you nicely into the

If you can hit the ground running, TNT Express is looking for Sales Executives for its Auckland and Wellington offices. We are: • An Investor in People accredited company which is fast moving and forward thinking • A leading brand in the global express industry • A multi-cultural team that celebrates diversity within the `TNT family’

segment on how you increase their revenues.

Please send your covering letter and CV to nzrecruitment@tnt.co.nz

9. QUESTIONS

We look forward to hearing from you.

your profit. Increasing sales in a challenging environment might not seem easy, let me show

Don’t end with questions, rather take them before you review at the end so you can close on a high note.

10. REVIEW If possible use a story again – outlining a client

elements together describing how they’ll benefit. If

that benefited in all the ways you highlight they

you didn’t use the’ looking into the future’ in your

will benefit.

opening, you can use it in the closing. “Picture

11. REPETITIVE REFRAMES/ SOUND BITE STATEMENTS You can be sure they’ll remember stories. Hit home with better retention by giving them little sound bites and repeating them often.

12. STRONG CLOSE

yourself in two years’ time. It’s the gala dinner. Award night. Everyone is abuzz because of the success of the new software system you approved and installed the year before. Five different staff have come to you throughout the evening – all award winners from their significant leap in productivity”.

Refer back to your opening story or bring all the

Debbie Mayo-Smith works with businesses that want more effective teams and management. Find out more and to sign up for her monthly newsletter visit www.successis.co.nz

www.nzsalesmanager.co.nz / 14


Resource CorneR

Zero-Time Selling

10 Essential Steps to Accelerate Every Company’s Sales

Authors: Andy Paul Publisher: Morgan James Publishing Price: $24.31 from www.fishpond.co.nz

Z

ero-Time Selling: 10 Essential Steps to

starved prospects reward the sellers who help them

Accelerate Every Company’s Sales teaches

compress their buying cycles to make fully informed

managers and sales professionals how to

purchasing decisions faster.

sell fast and shift their sales results into a higher gear by integrating greater speed, responsiveness, and information content into each step of the selling process. Time is the most valuable currency for buyers and sellers. Zero-Time Selling illustrates how time-

Zero-Time Selling provides the keys to the speed of selling – selling with maximum impact in the least amount of time to enable your prospects to earn the best return on the limited time they have to invest in buying your product or service.


2 Minute top-up

Keep yourself on track to achieve results A thirst to excel By Janice Davies

I

f you want to achieve more, write or visualise

achieving before you started to write them down

your goals. Many athletes daydream or visualise

but gathered momentum when you concentrated

to succeed. They have seen themselves crossing

on them.

the line first or on the podium with their medal and have learnt to ‘see the end in mind’ and work backwards in their training programme.

My second question is: Have you seen your end in mind? Mine is to sit on a boat in a bay, writing. I can swim and fish as well, and even become a beach

My first question to you is: How old were you when

bum or tour the world on cruise ships. But what

you started to set your goals ? I am sure you were

about yours?

www.nzsalesmanager.co.nz / 16


2 Minute top-up

If you can excite and motivate yourself, you have a

Again, it’s the same with you. How do you keep

thirst to excel.

yourself on track to achieve the results you have a

Understanding your personality is an advantage

thirst to excel in?

when goal setting. You are aware of your strengths

Another word I use after missing deadlines because

and weaknesses and grasp why you are achieving in

‘life’ happened and I was having a sense of failure,

some areas of your life and not in others.

is the word ‘intentions’. Life happens which is

Right-brained creative thinkers are constantly

sometimes out of your control. However either word

coming up with new ideas and love being with

works. Visual or written down, constantly reading

people, talking and selling. However the most

or seeing your goals provides you an incentive to

difficulty they will have is in the area of finances,

greater success.

systems and analytical areas.

I am certain it is the minority of people who sit

So setting pages and pages of goals may not match

down and writes their goals on New Year’s day, so

how you like to operate. Instead maybe you need

anytime is better than none. I recommend you use

a combination of visual treasure maps as John

a 15 month calendar, exactly for that reason. Many

Assaraf talks about in ‘The Secret’ and his fabulous

people have opted out of the goal setting, because

book ‘The Answer’. I have one of these on my wall,

they say it is too hard, or they don’t know how.

along with one of my new life long goals of making

The key to achieving is for you to understand you

a movie. Every time I read that headline, I attach a

are living in a constant state of learning. You reach

‘Yes’ to it, giving it momentum forward.

one goal and the next is scooting along ready

One sales person I knew had his goals on his

for you if you want to achieve more. Let’s face

Blackberry and every time he received a rejection,

it you can learn how to operate you new mobile

he would re-read his goal to quickly move his

phone and the latest technology, so you can learn

thinking forward again.

anything, if you are provided the opportunities.

Janice Davies is The Attitude Specialist, who educates about empowerment. As a Professional Speaker, Success Coach and author Janice shares at conference and workshops on difficult people, attitude, goals, stress, and positive work relationships. To find out more visit www.attitudespecialist.co.nz.

17 / www.nzsalesmanager.co.nz


CALENDAR

DATE

NAME

PLACE

COMPANY LINK

Wednesday 3rd July

Sales Ignition Day

Palmerston

The Marketing Company

http://events.themarketingcompany.

North Winning Proposal Strategies

Auckland

Shipley NZ

http://www.shipleywins.co.nz/public-

Cross Selling & Up Selling

Tauranga

Winning Business as an

Auckland

Wednesday 3rd July Thursday 4th July Thursday 4th July

Friday 5th July

co.nz/courses/2-sales-ignition-day

training-schedule.html The Marketing Company

http://events.themarketingcompany.

Shipley NZ

http://www.shipleywins.co.nz/public-

SME

co.nz/courses/22-crossselling-upselling

training-schedule.html

Essential Client Management

Auckland Central

The Marketing Company

http://events.themarketingcompany. co.nz/courses/4-essential-client-management

Sales leadership and management academy

Auckland

Sales Star

Thursday 11th July

www.salesstar.com/salestraining/consultative-selling.html

Thursday 11st July

Eat That Frog!Â

Auckland

KND Consultancy

http://www.kndconsultancy.co.nz

Tuesday 16th July

Sales Basics

Auckland

Geewiz

http://www.geewiz.co.nz

Wednesday 17th July

Sales Management

Auckland

Geewiz

http://www.geewiz.co.nz

Tuesday 23th July

Sales Basics

Christchurch

Geewiz

http://www.geewiz.co.nz

Wednesday 24th July

Sales Management

Christchurch

Geewiz

http://www.geewiz.co.nz

Monday 29th July -

Perform at Your Best

Auckland

KND Consultancy

http://www.kndconsultancy.co.nz

Scotwork Advancing Negotiating Skills

Auckland

Scotwork Negotiating Skills NZ

http://www.scotwork.co.nz/

Tuesday 9th July

Tuesday 9th July -

Tuesday 30th July Tuesday 30th July Thursday 1st August

www.nzsalesmanager.co.nz / 18


THE CLOSE

“Opportunity is missed by most people because it is dressed in overalls and looks like work.” - Thomas Edison

Have you subscribed to NZ Sales Manager? It’s free! Simply visit www.nzsalesmanager.co.nz to get a copy of NZ Sales Manager delivered straight to your inbox monthly!

19 / www.nzsalesmanager.co.nz


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