Video Rant #9

A Big Reason Why Your Company Struggles
To Hire Salespeople Who Can REALLY Sell

One of my best friends sold for me 20 years ago at Radio Profits Corporation. AMAZING salesperson. Once he gets the prospect in his crosshairs, they may as well just hand over their wallet. The beauty is, they don’t know they’re being sold. Everything Bruce says is just totally logical. No pressure. No emotion. Just comfortable as hell.

People love him. His prospects become his customers and his friends.

So then we sold Radio Profits. Bruce went to work for a company selling environmental testing and construction testing. It’s a BIG market. Companies need a lot of scientific tests to comply with government regulations. For instance, companies have to satisfy a long list of health regulations, to keep things safe for consumers and avoid problems with the government.

So testing is a monster business. Bruce sold for one of the biggest companies that do this testing. One day he showed me that company’s compensation strategy. It was like a maze. Every paragraph had something you couldn’t figure out. It was so convoluted, the company sales team used to joke about it.

Bruce sold more of this testing than anybody else on the East Coast, double or triple the #2 guy. And he’d only been with them a year or two. He was stomping it. BUT he wasn’t the top earner. And THAT was extremely de-motivating to him. Company eventually went broke. They just weren’t very profitable, because the sales team wasn’t being paid very well for the deals they brought in.

It’s not that unusual. A LOT of compensation strategies are not well-engineered. Too complicated. BIG mistake.

A star salesperson who’s considering joining your sales team sees it as a very bad indicator if your compensation plan is hard to understand. A good salesperson looks at that and thinks, “These are smart guys. They could make it easy to understand. But they didn’t. If they make it tough for me to figure out how I’m being paid, then THAT makes it easier for them to screw me.”

That type of compensation plan will NOT result in a strong bottom line for your company.

This is Alan Fendrich. I’d be happy to give you my thoughts on your company sales compensation plan. Give me a call.

Creating an effective sales hiring system is based on integrity. At the end of the day, your goal is to convey to the applicants that your company is the best place for top sales agents.

Exceptional salesmanship is truly one of the rarest skills. Therefore, if you are going to attract the attention of these top closers, it’s critical at every step that you are upfront. Tell them what you need and be honest if they qualify or not.

A courtesy that has a big impact on your company’s image is a rejection letter sent to candidates who don’t make the cut at different levels of the hiring process. Through this method, you are letting applicants know where they stand. It will also save you the time and trouble of answering emails and phone calls to check about their application status.

We have a recommended format that simply states that their application has been rejected because of better, more qualified candidates: simple and to the point. It further demonstrates that your company has its act together – and is the kind of place that top closers can find a home.

If you do it right, you’re going to get to pick from the best of the best in the end which, to be honest, is an enviable spot to be in. When you exert effort to send a rejection letter, applicants think highly of your company. Moreover, you are not closing doors in the event that these salespeople surpass the learning curve and reach their true potential.

Doing business with integrity is rare these days and your effort to go the extra mile will be noticed in the industry. Word will get around that your company is a place where top performers are provided all the opportunities to shine – and that’s an ideal company image to strive for.

LinkedIn Sucks these days — and why you still need it.

We all feel frustrated going to LinkedIn and seeing our inbox filled with offers. 90% of them are off-target.

Most senders don’t know squat about Sales 101 when they contact us.

Some say Microsoft’s acquisition of LinkedIn turned it spammy.

(They did pay $26 billion for it. Kind of gives you a hint they want it to be Facebook for Business.)

Regardless of all the LinkedIn spam, we tell clients to stay in LinkedIn. There is still tremendous value in building a LinkedIn profile.

In fact, if you’re looking to hire salespeople, your managers MUST have good profiles.

Think about it for a second.  You’re written a great ad. It talks directly to the right kind of people — those who’d rather sell than breathe. It excites their interest.

You’re got it running in all the right places.

Tons are applying.

And that one sales animal sees it who will find all the hidden business you know is out there.

How will they find out about you and your business to check you out?

Where do they look? That’s right, LinkedIn.

So if you’re vaguely entertaining the idea of deleting your LinkedIn profile, think again.

Tolerate the spam. Work on building your profile.

Make your profile say one thing: “I know how rare and valuable great sales talent is. Come work with me and we will both make a lot of money.”

DISCLAIMER: LinkedIn is a registered trademark. Advanced Hiring System is not affiliated with LinkedIn, nor should it be implied that we are in any way associated with them