Feb 2016 imageSouce Digital Edition
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Insight & Opinion<br />
"You can’t be considered a<br />
superstar if all you sell is a<br />
traditional product."<br />
Sales Superstars: How to Recognize,<br />
Reward & Retain Them<br />
By Tom Callinan | Managing Principal | Strategy Development<br />
You’d think it would be easy to recognize the Sales Superstar: They’re the guys and<br />
gals that sell the most, right? Not necessarily is my response to that question. OK,<br />
well then they’re the guys and gals that exceed quota by the most, correct? Ah, not<br />
necessarily. So the first challenge to recognizing your superstar sales professional is to<br />
ensure that you have a fair measurement system in place.<br />
When I work with a new client, his or her response to this suggestion<br />
(of a system) might be “We are fair; everybody has the same quota.”<br />
On the surface this may sound fair but let’s examine some situational<br />
variances:<br />
Account Base: If “Rep A” has a territory with 400 devices<br />
under contract with your company and “Rep B” has a territory<br />
with 60 devices under contact with your company then Rep A’s<br />
results should far exceed Rep B’s. Account base drives sales<br />
results in our industry.<br />
Prospect Focus: Prospect focus could be driven by territory<br />
or by the rep’s focus on spending his time on the accounts with<br />
the highest payback. Territory can either be list-based or geobased,<br />
say, by zip code.<br />
It’s possible that one rep is in a very rural area where there are only<br />
“Mom and Pop” companies and he (she) has no opportunity to sell<br />
multi-unit accounts. If that were the verifiable case then the rep in the<br />
rural area should have a lower quota then the rep in the metro area,<br />
taking into consideration the Account Base mentioned prior.<br />
Now let’s compare two reps in the same metro area with similar<br />
account bases. Rep A randomly calls on accounts with no research<br />
into the vertical market or company size. Rep B does research and only<br />
calls on companies that, based on their size in their vertical market,<br />
would have three to ten copiers. Rep B would logically sell more<br />
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because once they “land” an account they will have the opportunity<br />
to sell more equipment as well as MNS, MPS and software solutions.<br />
Rep B is clearly a better rep than Rep A in that they use their time<br />
more logically. In this case it is possible that Rep B is a Superstar Rep.<br />
Ability to Sell New Products/ Services: Superstar<br />
Reps can sell new products and service. If your company has<br />
a traditional copier background but now sells MPS, MNS, and<br />
software, your superstars will be selling these products and services<br />
into their base of accounts as well as using these offerings to open<br />
new accounts. You can’t be considered a superstar if all you sell is<br />
a traditional product.<br />
Team-based Selling: Superstar Reps know that they don’t<br />
know everything and they are good at using other resources within<br />
the company to gain share of wallet inside of their accounts. This<br />
ties into the ability to sell new products and services. The Superstar<br />
Rep gladly accepts help from other competent team members.<br />
Quota: If you have logically set quotas, using Account Base as a<br />
foundation so that you know that the rep has to both retain the<br />
current base as well as sell new business to achieve quota, then the<br />
Superstar Rep will meet or exceed that annual quota.