Uncategorized

How To Recruit a Sales Team of Quality Salespeople With This Simple Trick

Recruiting a sales team isn’t easy. I once ran an ad for a week asking companies “Tell Me Your Biggest Sales Hiring Challenge Recruiting a Sales Team.” Nothing to buy, just tell me what doesn’t work for you when you hire salespeople.

Some of the complaints in recruiting a sales team were:

1. Applicants don’t show up for interviews.

The fact that 30-40% of sales applicants don’t show up is a good thing

I didn’t understand that one. And I don’t see that as a problem. I like to know they have no follow-through BEFORE I hire them.

The fact that 30-40% of sales applicants don’t show up is a good thing. I say “The mass of sales applicants are full of bull. They went into sales for all the wrong reasons and your job is to spot them. Get rid of them from your sales hiring system.”

2. Can’t find applicants for commission-only jobs.

Our clients don’t have that problem. If the sales cycle is longer than a couple of weeks, real salespeople need a draw to stay alive. That’s reality.

We prove in our ads that good quality salespeople make a pile of money. One of our clients pays a $50,000 bonus if their sales hire hits certain benchmarks in the first month.

If the sales cycle is longer than a couple of weeks, real salespeople need a draw to stay alive. That’s reality.

Salespeople who lack confidence in their ability to hit these benchmarks are not real salespeople.

3. Applicants who sound good in the interview, but can’t sell once they’re hired.

This was the biggest category. It is an interesting problem and it has two parts to it.

First, who are you letting in your office? What is your system for selecting applicants to invest energy in? Hint: if you’re using LinkedIn Profiles and job experience you are way off the mark.

Second, what are you doing in the interview? Why are you not getting to the heart of the matter when interviewing?

who are you letting in your office? What is your system for selecting applicants to invest energy in? Hint: if you’re using LinkedIn Profiles and job experience you are way off the mark.

People can be divided into many different categories. When it comes to hiring salespeople we divide applicants into two piles. “People who fulfill their potential” and “People who fail at it.”

Dr. Carol Dweck of Harvard University has a foolproof method. She explains people have two distinct worldviews when it comes to accomplishment.

There are those who believe in fixed prior ability and there are those who believe in growth of ability.

Malcolm Gladwell, the author and New Yorker writer, has suggested that as a society we value natural, effortless accomplishment over achievement through effort. We endow our heroes with superhuman abilities that led them inevitably toward their greatness. It’s as if Midori popped out of the womb fiddling, Michael Jordan dribbling, and Picasso doodling. This captures the fixed mindset perfectly. And it’s everywhere.

Malcolm Gladwell, the author and New Yorker writer, has suggested that as a society we value natural, effortless accomplishment over achievement through effort.

People with the growth mindset, however, believe something very different. For them, even geniuses have to work hard for their achievements.

Our clients use an interview that we call the FST Intelligence Interview Sequence. It’s based on this model. We look for learners and growers — and of course those who enjoy the process of influencing others.

The next time you find yourself saying, “He or she handled themselves well in the interview” you might well be on the road to making another bad sales hire

Read More
Uncategorized

The Sales Recruiting Solution

Video Rant #6 How To Create a Terrific Salesperson Recruiting Tool

Before they ever start actual recruiting, good sales hirers sit down and really plan out a new hire’s career, every step of the way. They project what the new successful rep can and should earn in each of their first 5 years in the business.

Most of us who have been sales managers have put together sales projections. Year after year, we write stuff down on our spreadsheets. But then when we get to the end of the year, turns out it’s not all that accurate. The trick is, you have to start at the most granular level in order to wind up with a reasonably accurate projection. And a good, accurate five-year compensation plan and projection is a terrific recruiting tool for you.

You go through year by year and realistically project what kind of activity they’ll be required to do, reasonable activity for a serious salesperson. Then lay that up against a solid closing ratio. Figure year by year, what this new salesperson is going to earn for you. And then based on your comp plan, how much will they earn for themselves?

Look at sales help wanted ads. Lots of claims about earning big money. Consider the power YOU get by saying, “Listen, if you make 4 presentations a day, 5 days a week, and you have a reasonable closing ratio, then your first year, you can expect to earn $65,000.”

And then, depending on your product or service, from the 2nd year on, you show what they earn each year, plus the residual income from prior years. When you can show an applicant what they’ll be earning five years out, your sales position is suddenly seen very differently from the others. Seven year, ten year, long-term clients tell me that a codified sales hiring system makes a big impression on applicants. They get better quality applicants accepting their sales position than ever before. When an applicant sees that you really projected out, it gives them confidence in your promises.

Everybody wants 6 figures. But unless it’s a super lucrative sale and you’re hiring senior sales reps, it’s tough to project $100,000 first year. Depends on the market. We’ve got clients in Minnesota. More elk than people there. Cost of living is way lower than it is for our clients in New Jersey. So it depends on market. If they’ve got a shot at 6 figures in the 2nd or 3rd year, I think that’s reasonable.

Most of these ads that claim $100,000 income have nothing behind that number. No research. No science. The applicant knows it’s BS. But when you show a projection and reasonable benchmarks they can really hit to get to $150,000 in year 5, you overcome their resistance to a performance-based compensation agreement. Suddenly, it all looks very doable.

And you have an approach that wows your applicants and eliminates your competition.

This is Alan Fendrich with Advanced Hiring System. Give me a call.

Read More
Talent Acquisition

Recruit Now!

While the recovery of the economy after shutdowns is far from done, we are seeing more activity in hiring for many positions across most industries. Hotels, a segment that has been particularly hard hit, are starting to see some improvement in occupancy and revenue per available room, an important metric in the industry. As this continues, the pool of talent we’ve been discussing for several months is shrinking. If at all possible, recruit now!

Photographer: Jake Stark | Source: Unsplash

We’ve been talking about the huge talent pool available for several weeks, if not more. That pool is starting to shrink as companies that are able to begin hiring are doing so. And the talent most important to recovery, as we have been stressing for weeks as well, is sales talent. Great sellers are going to be the key to pulling your business out of the unprecedented downturn we’ve been through. The number of available sellers is shrinking a bit every day. Every hour. Right now.

Therefore, it is time for us to talk about the first step in filling your pipeline with solid candidates to grow your sales team. We’ll focus first on making sure your recruitment ad will attract the right type of candidates. We focus our client’s efforts on seeking money motivated persuaders. And there are certain words and business characteristics that are more appealing to these people than others. It is important that you know them and use them.

The type of person you’re looking for will not be attracted to your ad touting the family atmosphere in your business. This is not to say that they aren’t nice people. Most are as the personality type generally seeks to get along with and influence people. We have many resources to help you write a job ad that will attract the right candidates. This is indeed the important first step in rebuilding a killer sales team. To learn more about how we can help you recruit top performing sellers, click HERE.

Read More