Highly effective Sales Leader supercharges Sales Growth & creates Great Culture
February 22, 2023
As a sales leader, I've seen first-hand how important it is to maximize the use of sales assets to drive revenue growth. One way to achieve this is by building flexible account "pods" for important segments of accounts.
By creating focused hybrid sales teams that are tailored to specific customer categories or segments, your company can better meet the unique needs and preferences of it's customers. This approach allows for a more personalized and targeted approach to selling, which can lead to higher conversion rates and increased revenue.
In addition, building flexible sales teams allows for greater agility and responsiveness to changing market conditions. Rather than relying on a rigid sales structure, businesses can quickly pivot and adapt their sales teams to focus on emerging opportunities or challenges.
Of course, account pod segmentation requires careful planning and execution. It's important to have a deep understanding of your customer needs, pain points and to ensure that each sales team is staffed with the right mix of skills and expertise.
But with the right approach, building flexible sales teams can be a powerful tool for maximizing the use of sales assets and driving revenue growth.
By following below, you can ensure that each sales team is tailored to meet the specific needs of their customer segment and that your sales efforts are aligned with your overall business objectives:
Identify your customer segments and their unique needs: Conduct market research to understand your customer segments, their specific needs, pain points, and preferences. You can use data analytics, surveys, customer feedback, and other techniques to gain insights into your customers.
Define the roles and responsibilities for each sales team: Based on your research, create a blueprint for each sales team. Define the roles, responsibilities, and KPIs for each team member, and ensure that each team has the right mix of skills and expertise.
Create a training program for each team: Develop a training program to equip each sales team with the knowledge and skills they need to succeed. This might include product training, sales techniques, industry-specific knowledge, and customer communication skills.
Establish clear communication channels: Ensure that each sales team has clear communication channels to share information, collaborate, and ask for support. This might include regular team meetings, shared project management tools, and online forums.
Measure and track results: Establish clear metrics for each sales team and track their performance against these metrics. This will help you identify areas for improvement so you can adjust your strategy accordingly.
Foster a culture of continuous improvement: Encourage your sales teams to share their feedback and ideas for improvement. Regularly review your processes and strategies to identify opportunities for optimization and innovation.
Leverage technology to support your sales teams: Invest in tools and technologies that can help your sales teams be more efficient and effective. This might include CRM systems, marketing automation, data analytics tools, and collaboration platforms.
By following these specific steps, you can build flexible sales teams that are tailored to the unique needs of your customer segments, maximize the use of your sales assets, and drive revenue growth for your business.
While building flexible sales teams for each category or segment of account can be beneficial, there are potential challenges to consider. Here are some other potential issues that businesses may face when implementing a flexible sales team strategy:
Misaligned incentives: If each sales team is measured and incentivized solely based on their own performance metrics, they may not be aligned with the overall business objectives. For example, if one team is incentivized to close deals quickly, they may neglect longer-term relationship building with customers.
Communication breakdowns: Without clear communication channels, businesses may encounter communication breakdowns when teams are spread across different account pods. This can result in delays, missed opportunities.... missed revenue!
Resource constraints: Building flexible account pods requires investment in additional resources, including staff, training, and technology. Businesses may struggle to allocate these resources effectively, particularly if they have limited budgets.
Siloed knowledge: When sales teams are too narrowly focused on their own customer segment, they may miss out on important cross-selling or upselling opportunities. This can also lead to a siloed approach to knowledge and expertise, which can hinder innovation and creativity.
To address these potential problems, businesses should take a holistic approach to building flexible sales teams. This might include:
Aligning incentives: Ensure that each sales team's metrics and incentives are aligned with the overall business objectives. This can encourage teamwork and collaboration, rather than competition between teams.
Promoting collaboration: Encourage collaboration and knowledge-sharing between sales teams to maximize cross-selling and upselling opportunities. This is one of the most important super-powers for your sales forces to excel at for maximizing revenue. Use communication tools and regular team meetings to facilitate this.
Prioritizing resources: Allocate resources effectively, focusing on the most critical customer segments and ensuring that each team has the necessary support to succeed.
Encouraging a culture of learning: Foster a culture of continuous learning and improvement, encouraging reps to develop their skills and share knowledge across teams.
By taking these steps, businesses can avoid any potential problems with a flexible sales team strategy, and build a more effective and agile sales organization.
24 comments