Latest / Closing Sales in Nigeria - Sales For The Nigerian Business Person: The Sales and Marketing Blueprint / Fixing Your Sales Team: It Starts with People
Transcript
- 0:01Hello and welcome to the show. Today we're going to be looking
- 0:04at the common causes of sales team performance decline.
- 0:09That is just a very academic way of saying that we're going to
- 0:13look at the reasons why sales team performance goes down.
- 0:17And we have been leading up to these to these reasons, these
- 0:21issues from yesterday's episode and I think the episode the day
- 0:25before where I told you guys that we're going to look at
- 0:28people related issues, excuse me, process related issues,
- 0:32market related issues and organizational issues that
- 0:36causes your sales team performance to go down.
- 0:39Now my aim of doing this is that by identifying what the root
- 0:43causes are when your sales performance, the performance of
- 0:49your sales team declines, we can all come up with targeted
- 0:52solutions to improve the results.
- 0:54So today we're going to be looking at people related issues
- 0:58for why your sales are going down.
- 1:00And we're going to be looking at things like lack of motivation
- 1:03because that's one of the reasons why your sales people
- 1:05are not performing well or not selling well.
- 1:07Poor leadership because sometimes you are the cause for
- 1:11why your sales team is not selling well.
- 1:13There's also sales talent shortage.
- 1:16You don't have right people on the team.
- 1:18Then there's also a high turnover.
- 1:20So that means your sales team is suffering because people keep
- 1:24leaving. Whether it's high performing
- 1:25people, high performing people are leaving, or whether it's low
- 1:28performing people are leaving. But either way, if you have,
- 1:31let's say, 5 sales people at any given length of time, and then
- 1:35in January, 2 people leave, you replace them in February, so
- 1:39they're five again, well, then in February, one more person
- 1:41leaves, you replace the person in March, and then they're five
- 1:44again. But you can see how not having a
- 1:47stable core crew of sales people is going to affect how it is
- 1:50that you're going to be able to sell, how you're going to be
- 1:53able to move merchandise in your business.
- 1:55So we're going to examine a few of these reasons today.
- 1:59Now, lack of motivation and lack of morale and all these sorts of
- 2:04things can be a factor, can be a number of you can be caused by
- 2:08different things. Sometimes it's because the goals
- 2:11that you have for selling are not clear.
- 2:13Sometimes it's because the incentives are not good enough,
- 2:17whether it's the money or the terms of the terms of
- 2:20employment. Sometimes it's because people
- 2:22are going through burnout. Sometimes it can be because of a
- 2:25negative work environment, and sometimes it can be because of
- 2:28poor team dynamics. So you might have somebody who
- 2:31is a high seller who is not a team player, and the person
- 2:34doesn't bother to teach people or encourage people in how to
- 2:38sell well. And it can cause all kinds of
- 2:41all kinds of dynamics. And then for the poor
- 2:44leadership, it could be because you as the business owner or you
- 2:50as the sales manager, you have a weak management style or you
- 2:53don't provide them adequate support, you don't provide them
- 2:56adequate coaching. And sales talent shortages are
- 3:00just it's essentially difficulties in hiring and
- 3:03keeping talk people around. So let's run through a couple of
- 3:06these and see what to do about these subsets of problems.
- 3:11Because remember the main problem that we're trying to
- 3:13solve is you might be in an organization or you might own a
- 3:16business where your sales performance is going down.
- 3:18And we have looked at some of these people related issues that
- 3:22are causing the sales performance to go down.
- 3:25So what can we do about these sorts of things?
- 3:28Now on the clear ghost thing, one way of sorting out this
- 3:31problem is we just need to make sure that all I put it, it's not
- 3:36enough to just say good morning boys and girls, happy new month.
- 3:40This is January 1st. So go ye forth and sell.
- 3:44That's that's not that is not sufficient direction or guidance
- 3:51on how people are supposed to go about selling.
- 3:53It'll be best if you have activity based conversations
- 3:56when it comes to goals or revenue based conversations when
- 3:59it comes to goals. I'm not going to go into the
- 4:01debate of which is better, but just know that these are
- 4:04alternatives, these that are available to you.
- 4:07So if you show up on January 1st and you're saying happy new
- 4:10month team this month, it would be nice if we can sell, bring in
- 4:14200 million in annual revenue. Now, whether that figure is
- 4:19realistic or not, you can see that at least this is a specific
- 4:24goal that you can start planning towards that you can track
- 4:27towards. So back when my little cousin
- 4:29was in banking, you know, these are some of the things that she
- 4:31was faced with because, you know, they would sit down at the
- 4:35beginning of the year and then the branch manager will say
- 4:38annual goal this month is so, so and so hundreds of million and
- 4:41blah, blah, blah. But The thing is, if you now
- 4:43tell people that our annual branch goal is, you know, 800
- 4:46million, then people can now plan.
- 4:48Like, OK, if the annual goal is 800 million, then I should be
- 4:50bringing in this X amount of 1,000,000 per month.
- 4:54So daily I should be looking at this, weekly I should be looking
- 4:57at this. You can see that having a clear
- 4:59goal gives people the ability to plan.
- 5:02And for you, who is the business owner or the sales manager, you
- 5:05can also help people plan accordingly as well.
- 5:08Now there are some people who like to do things on the
- 5:11activity based end of the spectrum and that is where I
- 5:14fall. I'll make podcast episode about
- 5:16that later where you're tracking the activities that people do.
- 5:22So you're thinking, well, of course numbers are always behind
- 5:30activity based planning at the end of the day.
- 5:33So you might look at your previous activity, maybe last
- 5:36year you guys did maybe 10 M in revenue and you realize that
- 5:39that 10 M was because you guys had 20 clients or something of
- 5:42that nature. And then with that, you're going
- 5:45to be able to reason backwards and say that, OK, if we want to
- 5:48do business with 20 people at the end of the year, we should
- 5:51be speaking to X number of people per month, which is X
- 5:53number of people per week and which is X number of people
- 5:56daily. So in that case, you're not
- 5:58going to be able to track the activity of your sales team to
- 6:02say that, look, if we're going to hit our end of year goals,
- 6:05you guys should be talking to at least 5-5 customers every day.
- 6:08Out of that 55 customers you're talking to at the end of the
- 6:10week, if we do a good job, each of you would have brought in
- 6:14three, three customers. If each of you are bringing in
- 6:16three, three customers, then this is how much we're going to
- 6:19be doing per month. This is how much we're going to
- 6:20be doing per quarter, this is how much we'll do per year.
- 6:23So these are ways of going about it.
- 6:26So there's the revenue target. This is the amount of money that
- 6:30we should bring in at the end of the year.
- 6:32And then you plan backwards or you say that if we're going to
- 6:36hit our money goals, these are the number of people that we
- 6:39should be talking to, the number of proposals that we should be
- 6:41issuing or the number of house office or office visits that we
- 6:44should be doing, the number of proposals that we should be
- 6:46sending out. You take some activities and
- 6:48then you start tracking it to make sure that your people are
- 6:50hitting those metrics. Now there are some difficulty
- 6:55when it comes to activity based goals because it's easy for
- 6:59people to just send emails for the sake of sending emails.
- 7:01So if yes, say you give them a target of you should be emailing
- 7:0510 proposals every day, then people can just start emailing
- 7:10proposals to every Tom, Dick and Harry, whether they might be a
- 7:13good potential customer or not. So yes, there are those dangers,
- 7:17but we can get up. We can talk about those dangers
- 7:19and how to avoid them in future partners episodes.
- 7:22But for now, just know that as the business owner or as the
- 7:26sales manager, it's not just enough for you to show up on
- 7:28January 1st and say happy new month.
- 7:32You know, go ye forth and sell. Let us bring in progress.
- 7:35You have to have much more detailed and clearer
- 7:39conversations. You can have the conversations
- 7:41around activity. So team members, happy new
- 7:44month. This is these are the activities
- 7:46that I expect you guys to carry out for this week, for this
- 7:49month so that we can hit our quarterly goals, our annual
- 7:51goals, blah, blah, blah. Or you have a revenue goal and
- 7:54say happy new month, guys, remember for this year,
- 7:572024-2025 or whenever you're listening to the podcast, our
- 8:01revenue goal is blah, blah, blah.
- 8:03So this month we're expected to bring in this and this and this
- 8:05and that. Then that's on clear goals.
- 8:10So for burnout and bad work environments, you know, people
- 8:15are being toxic. And then burnout.
- 8:18Burnout is when people all I put in, they lose their motivation,
- 8:22they lose their bluster, and they lose connection with the
- 8:25job that they're doing. This is not something I can talk
- 8:28about on the podcast because bad, because bad work
- 8:30environments and burnout, toxic work colleagues, things like
- 8:34that. These are actually management
- 8:36problems and this is beyond my skill set because I'm not a
- 8:39management consultant. I just focus mostly on sales and
- 8:44the business development side of the journey.
- 8:46So if you're figuring, if you're having these sorts of problems
- 8:49that you want, you need help figuring these these things out,
- 8:52you shouldn't be talking to me. You should be talking to a
- 8:54management consultant. So check your LinkedIn, your
- 8:57Instagram, your whatever. You should find a couple of
- 8:59people that you should be able to have those conversations with
- 9:01and they'll help sort you out. Now, bad leadership, yes, that
- 9:06is also a management problem, but it's an easy problem to
- 9:11solve when you are the business owner, because the problem is
- 9:15bad leadership. There's nobody else that you can
- 9:18point to. You're the business owner or
- 9:20you're the you're the sales manager.
- 9:23So the problem is all about you. So this is an easy problem to
- 9:26solve because if I'm talking to you, there's nobody else who has
- 9:29responsibility. So you're where the buck stops.
- 9:32So we have to sit down, knock our heads together and figure
- 9:36out how it is that we're going to solve the problem.
- 9:40So leadership problems, it's all about you, the business owner or
- 9:44the sales manager. And there are factors that we
- 9:48can tweak, that we can change easily to change the outcomes.
- 9:53The reason why I can't address management problems is because
- 9:55management problems are about structures and about incentives
- 9:59and structures and incentives. These are not easy things to
- 10:01navigate unless you are a specialist.
- 10:03So you know where it is that you're going to tweak.
- 10:06So if bad leadership seems to be a problem, then within your
- 10:13organization, then we need to tackle these leadership issues
- 10:17head on because this is low hanging fruit.
- 10:19So since the problem is with you as the leader, as the owner, as
- 10:23a sales manager, we can easily change one or two things to
- 10:27affect the overall sales performance.
- 10:32So how do we cure bad leadership when you are the problem?
- 10:35First of all, don't take it personal.
- 10:39Nobody is perfect when these things come up.
- 10:41Just think of it as self improvement, as a self
- 10:44improvement challenge. Don't think of it as
- 10:46recriminations from your staff. Now, I know that this is not
- 10:51easy, and I'm also speaking about this from personal
- 10:54experience. It's not easy when you're in
- 10:56business with people and people are pointing their finger at you
- 10:58saying that you are the bottleneck, you are the clog.
- 11:03So when that happens, don't assume that this is a coup and
- 11:06people are trying to blame you for everything or hoist you out
- 11:10or things like that. Just look at it as a personal
- 11:13development challenge and that no one is perfect.
- 11:16Let us see if there's a kernel of truth in whatever it is that
- 11:20the sales team or other members of staff are trying to say.
- 11:26So for poor leadership, for weak management, for things like
- 11:31that, one of the solutions actually is care delegations and
- 11:35follow through on whenever we agree that we're going to do
- 11:38something. Because sometimes the problem is
- 11:41just that you're doing your best to be the best leader that you
- 11:43can and you come up with inspirational and well thought
- 11:47out activities that people are supposed to do.
- 11:51But The thing is, what you're saying makes sense, but then you
- 11:54don't delegate properly and you don't follow through, you don't
- 11:56follow up on agreed action items.
- 11:58And so that is why things don't get done.
- 12:01So one thing that I've noticed dealing with Nigerian business
- 12:03owners, for instance, is that a Nigerian business owner is
- 12:06usually in the habit of saying something like somebody should
- 12:09handle the XYZ account and you just leave it like that.
- 12:12You say that during the meeting. Now, what you have said is
- 12:16actually correct. As the business owner, somebody
- 12:18should pay attention to this XYZ thing.
- 12:22And if somebody does pay attention to the XYZ thing, yes,
- 12:25the sales, the sales performance is going to improve for the
- 12:29business. However, standing up in the
- 12:33middle of a team meeting and saying what is wrong with you
- 12:36people? For God's sake, somebody should
- 12:37handle this XYZ account. It is not the same thing as
- 12:41saying when you when you're in the meeting.
- 12:44It's not the same thing as standing up in the meeting,
- 12:47looking directly at one person and then saying, Dorothy, I
- 12:51think this should be part of your responsibility.
- 12:54You should look into the minutes of this XYZ account, give me a
- 12:58list of outstanding action items, and then get back to me
- 13:01Wednesday morning on what you think we should do to move this
- 13:04thing forward. Now the 2nd way, this latter way
- 13:08is more specific and it prevents this situation where all of you
- 13:13come back Wednesday morning and then you're not having to shout
- 13:15at everybody again because nobody met the standards.
- 13:19And the problem is you didn't clearly communicate the
- 13:22standard. So for Nigerian business owners,
- 13:24please, this is something we need to work on because it's
- 13:26something that I've seen, it's not just something I've seen in
- 13:30Nigerian business, it's something I've even seen in my
- 13:31family. You know, when we sit down,
- 13:33we're trying to solve family problems.
- 13:34You know, an uncle will stand up and shout and everything and
- 13:37that somebody should do this, somebody should do this,
- 13:39somebody should do this is not the same thing as saying you
- 13:43Kunle or you die or go and investigate. 123456 get back to
- 13:52me Friday morning on what it is that you think we need to do to
- 13:56solve this problem. It's a totally different thing.
- 14:00So to solve these leadership problems and the league
- 14:03management problems, we need clear delegation and we need
- 14:08clear follow up or clear follow through.
- 14:09I prefer to say follow through on agreed upon action items.
- 14:12So we should learn to be specific on these ones.
- 14:14So dear business owner, dear sales manager, yes, your idea is
- 14:18brilliant. The problem is lots of times
- 14:21you're standing up during the weekly, monthly meetings and
- 14:24you're shouting at everybody, but you haven't given anyone in
- 14:27particular responsibility for doing something.
- 14:30At the moment you start giving people responsibility, there's
- 14:32going to be accountability around certain things and you
- 14:35see that the improvement, sorry, your sales performance is going
- 14:38to improve. So let's see for the sales
- 14:41hiring and the training sorted shortage.
- 14:44There's no need in stressing that again because that's the
- 14:47purpose of this podcast and we go over that from time to time.
- 14:50So just listen out for future episodes if you're new to the
- 14:53show. And of course, if you've been
- 14:54listening for any length of time, you already know the
- 14:56episodes where I dealt with these sorts of things.
- 14:59Or you can just use Listen Notes, that is LISTEN and then
- 15:04notes NOTES, it's a website that catalogues different websites.
- 15:09All you have to do is look for my podcast there in Listen
- 15:12Notes. It allows you to search within
- 15:14the episodes for where I spoke about these sorts of things.
- 15:16So if you just pull up Listen Notes, you find my podcast and
- 15:20you hit the search function and then you search sales hiring.
- 15:24Every single episode that I have done around sales hiring for
- 15:28because we're currently at over 900 episodes now, it will go
- 15:31through all the 900 episodes and it will give you those episodes
- 15:34where I spoke about sales hiring anywhere I spoke about sales
- 15:38training, it will give you those episodes.
- 15:40So that's also another cool way to use this podcast.
- 15:44You can use it as a learning resource.
- 15:46The episodes are out there for free over on the Internet.
- 15:50Use listen notes, catalogue all this and you'll be able to get
- 15:54your learning done. That's if you're not one of
- 15:56those people who likes to just binge because I know some people
- 15:59who listen to the podcast because they come once in a week
- 16:02and then they binge on stuff. You know, since I'm putting out
- 16:05on average maybe like three to five episodes every week.
- 16:10So now, OK, there are other things we can look at process
- 16:14related issues. We've gone through people.
- 16:16Then there's process related issues, market related issues,
- 16:19organizational related issues. I think what we'll do is we'll
- 16:23continue with that tomorrow because I've noticed that a lot
- 16:26of the episodes I've done in the past 2-3 weeks, I've been 30
- 16:30minutes episodes. I've even done I think 240
- 16:32minutes episodes. And yeah, as much as some of you
- 16:36like here, my voice, I'm trying to be considerate of your time.
- 16:38Let's not take up too much of your time.
- 16:39So tomorrow, we will continue with process, market and
- 16:43organizational issues and then we will see what we can be done
- 16:46about them to improve sales performance.
- 16:49So that is all for today. Please connect with me on
- 16:52WhatsApp. The phone number is 08064662140.
- 16:57The country code is +234. For those of you who are not
- 17:00Nigerian, also connect with me on LinkedIn.
- 17:02My name is Tavi Shima Ayede, you can confirm the spelling of my
- 17:05name so you can search for me the right way on LinkedIn.
- 17:09You'll also get my e-mail address from the link where
- 17:11you're currently listening to this episode.
- 17:13Thank you very much for your time and attention.
- 17:14I will catch you at the next episode.