Hiring top sales people is tough. It is not easy to find top performing salespeople. The odds of hiring “A” salespeople are less than 25%. Many organizations have many more marginal, “C” salespeople. “C” salespeople do not have the right stuff and cannot win the customers your organization really wants. If your organization keeps its poor performing “C” salespeople, they are most certainly going to cost you millions in lost sales, profits and lots of frustration.
Failure to consistently hire top sales people that are a fit for your organization results in another problem, high turnover in your salespeople. In an article in the Wall Street Journal said that turnover costs are $150,000 per sales person on average.
Good news for your organization: you can remedy these problems when you establish a proven process for hiring top salespeople.
Here is a proven 7-step process for hiring top salespeople:
Onboarding. Prepare a comprehensive plan for your new salesperson’s first 90 days. Reach beyond product training and organizational orientation and develop a Quick Start plan that includes goal setting, sales training, coaching, accountability and other actions. A well prepared and executed 90-day training plan can improve your success rate with your new “top” salespeople from over 90% to near 100%.
Assess Before the Interview
If you look at the proven seven-step process closely, you will note that the assessment takes place before the interview. You may be thinking this process can be too expensive or not result in your getting enough candidates. The truth is assessing before interviewing is actually less expensive. You will most times get up to 50% more qualified candidates, and you are EEOC compliant.
Criteria for Selecting Your Assessment
This proven process of hiring “A” salespeople solves the problems of the typical hiring process, and it relies on a well validated and predictive assessment to screen your candidates. Here are some criteria for selecting an assessment:
If you do not have a consistent sales hiring process your “C” salespeople will consistently lose to better salespeople. You and they will have to discount your products or services to win. You will consistently have trouble getting the bigger, better, and more profitable customers. Your business will not be growing like you know it should.
How do I know? I’ve been there. I’ve hired “C” salespeople and been through the frustration that making the wrong hire can cause. My organization lost business I know we should have won.
The good news is this: you do not have to wonder whether a sales candidate will sell for us. You can know if a sales candidate WILL SELL! You can attract, hire and retain more “A” salespeople and you can help them be successful quickly. You can survive a tough economy; in fact, with top salespeople, you can gain market share and thrive.
Imagine your organization with top sales people: You now win the bigger, better, more profitable customers. You are not only surviving, you are prospering. If you like this picture for your business, find out how you can implement a proven sales hiring process in your business.