Monday, July 28, 2014

Five Things To Remember When You Hire Your First Sales Rep



Inevitably, a business grows to a point where the only way you can maintain a similar revenue growth is by landing new customers.  You've worked hard to earn the reputation you have with the few customers you do have and they have rewarded you with repeat business.   You are proud of what you've done and have the scars to prove it.  Here's some things to remember as you take this important next step by hiring a sales person:

1. You can't stop selling.  For small businesses, the customers expect to talk to the owner, not a sales rep.   Hire someone you can work with on landing new accounts.  Give the new person lee way to do her thing but do not relinquish ownership of landing new customers.  She will need you to help land the deal.  Plan on spending a day a week with the new rep.

2. Figure out how to make the new sales rep successful.  Pay packages should have some sort of commission structure.  4-10% of everything she sells is a good rule of thumb.  Be clear about what earns her commission credit.  Make sure she is doing most of the heavy lifting on new accounts so she can get credit when it hits.  DO NOT subvert your new rep by working around her with potentially large clients.  Yes you can save some commission checks if you just do it yourself but you will also quickly find yourself looking for a new rep.  Remember, if she is successful and you do pay out commissions, you are winning too.

3. Help your new rep with introductions and referrals.  Make a list of your top contacts and ask yourself which ones you can give to her.  Invite her to customer meetings and introduce her.  Make her feel like she is an important player.  A sales rep who feels appreciated will always give you twice the effort of one that doesn't.

4. Spend a day a week with her.  Help make cold calls.  Help her develop new leads.  Figure out how she approaches sales and let her see the same in you.  Become allies.  Recognize early advancements and celebrate often.

5. Surround the new sales rep with supporting marketing efforts.  Make sure your website and other social media match your brand and makes her look good.   Ask her to gather information during her conversations and use that information to improve your marketing.  Make adjustments as you get feedback.  Listen often.

It's easy to get busy with other things when the new sales rep shows up and hope she is successful.  Without doing these five things, she won't be.


No comments:

Post a Comment