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"A" players understand balance – they understand that the most important contributor to their success besides relationship equity with their customers is time allocation. That warrants repeating -- time allocation – and remember the currency to run a
"I’m gonna go after the really big guys. I’ll call on my accounts – based on breaking them up into A’s and B’s and C’s".
An Old Rule
A’s are the really big guys – C’s are the little guys and you allocate suck up behavior based on size. So, you go out and call up on all the A’s – half the B’s and a quarter of the C’s. When you make it through the territory four times, you believe you reached "salesperson nirvana." You now believe you have maximum account coverage – GET A LIFE! There are a lot of sales people that still follow that old school practice.
A key best practice principle to manage your territory and maximize success states that you should allocate time by opportunity for increase rather than existing volume. Think about that. It makes a huge difference. Most salespeople allocate their time based on the account size and what it takes to service them. Right? That worked in the 80’s. It’s was a lone wolf concept. Back then we all thought we personally owned every customer.
A Huge Price to Pay
You’re paying a huge price when professional field sales people spend a majority of their time being high paid apologists or just calling on maintenance accounts and buddies. This is the key question. How do you measure opportunity? Remember you must be able to measure it. Most salespeople spend less than 25% of their time with customers face to face in wholesale distribution. What do they do with all the rest of their time? Don’t say –playing golf. It’s administrative stuff, non productive service stuff done by choice not necessity or just hanging out at the office. That can cost upwards of fifty grand a year.
Here’s a Typical Office Sales Scenario-
"Let me work out my quotes – let me sit and voice mail my manufacturer to find out where my stuff is – let me go buy the office to check on my special orders with purchasing—let me call on old Joe every Thursday and take him donuts because I’ve been doing that for tens years. Sure he only buys $10,000 per year but we have a great checker
That kind of stuff wastes a lot of money.
Now think about this for a second. If you have five salespeople on the road in one of your branches and all of a sudden you get a 5% improvement from each one of them on customer facing time – it gives you the financial equivalent of putting another whole field sales person on the road in terms of customer facing.
This article is not about the basics of time management. Go to a seminar. Buy McKenzie’s tapes on time management. There really good. He’s one of the Guru’s of time management, and he talks about – a daily prioritized to do list – you prioritize tasks just like you do accounts. Everybody should have a To Do list. I have a To Do list. Yesterday I did something that wasn’t on my To Do list --- so I wrote it on and then crossed it off.
Prioritize your list and learn to say NO! Most sales people have great difficulty saying NO. They have a disease called "OKitus". They want everything to be --- OK
"I want everything to be OK with my customer if things aren’t OK with my customer – what do I need to do to make everything OK – because my goal is to have everything in my life be OK!"
Learn to say NO!
"Here are the reasons I had to say No to your requests Mr. Customer – you can get a response to your request much quicker by calling Bobby in
Time management is called the queen of the management
CRS Management
That stands for Can’t Remember Stuff! Teenagers and people over fifty have it. The rest of you are just carriers. We all get it eventually. Those of you with teenagers can relate to this. When my son was a senior in high school I asked him to cut the grass when he got home from school the following day.
"No problem Dad."
When I got home from work the following day, I noticed that the grass wasn’t cut. As we all sat down at the dinner table I asked my son why he didn’t cut the grass like I had asked him to. He looked at me for the longest time with that silly looking smirky grin that all seventeen year olds have mastered and he finally said;
"GEE Dad----- I Forgot!"
Being a baby boomer father, I kind of went off on him.
"Forgot, Did I forget to put
What would happen tomorrow morning if I got up and just FORGOT to go to work?
Once again, he looked at me for the longest time with that smirky teenage grin and finally he said;
GEE Dad------- Maybe you could CUT THE GRASS!"
| Dr. Rick Johnson (rick@ceostrategist.com) is the founder of CEO Strategist LLC. an experienced based firm specializing in leadership for wholesale distribution. CEO Strategist LLC. works in an advisory capacity with company executives in board representation, executive coaching, team coaching and Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of potential financial loss. Insurance is defined as the equitable transfer of the risk of a potential loss, from one entity to another, in exchange for a premium and duty of care. education and training to make the changes necessary to create or maintain competitive advantage. You can contact them by calling 352-750-0868, or visit http://www.ceostrategist.com for more ...click on link for more information and related articles. Education formally is a social science that encompasses teaching and learning specific knowledge, beliefs, and skills. Good teachers in a given field use a variety of methods and materials in order to impart a knowledge of a curriculum to the students. Informally, teaching is the process of learning how things work including numbers, reading and language that are taught by parents and other members of the student's culture. There has been a plethora of journals, magazines, books, and digests in the field of education that addresses these areas. Such literature addresses the teaching practices, information....click on link for more information and related articles. Rick received an MBA from Keller Graduate School in Chicago, Illinois and a Bachelor's degree in Information as a concept bears a diversity of meanings, from everyday usage to technical settings. Generally speaking, the concept of information is closely related to notions of constraint, communication, control, data, form, instruction, knowledge, meaning, mental stimulus, pattern, perception, and representation. Operations Management from Capital University, Columbus Ohio. Rick recently completed his dissertation on Strategic Leadership and received his Ph.D. He’s also a published book author with four titles to his Many people speak about the Information Age as the advent of the Knowledge Age [citation needed] or knowledge society, the information society, and information technologies, and even though information science and computer ...click on link for more information and related articles. Opera is an Internet suite which handles common internet-related tasks, including visiting web sites, sending and receiving e-mail messages, managing contacts, and online chat. credit: "The Toolkit for Improved Business Performance in Distribution," the NWFA & NAFOpera is developed by Opera Software, based in Oslo, Norway. It runs on a variety of operating systems, including Microsoft Windows, Mac OS X, Solaris, FreeBSD and Linux systems. It is also used in mobile phones, smartphones, Personal Digital Assistants, game consoles and interactive televisions. Technology from Opera is also licensed by other companies for use in such products as Adobe Creative Suite. ...click on link for more information and related articles. Credit as a financial term, used in such terms as credit card, refers to the granting of a loan and the creation of debt. Any movement of financial capital is normally quite dependent on credit, which in turn is dependent on the reputation or creditworthiness of the entity which takes responsibility for the funds. CD "Roadmap", Lone Wolf-Lead Wolf—The Evolution of Sales" and a fiction novel "Shattered Innocence." Rick’s next book due in November is titled; Lone Wolf – LEad Wolf The Evolution of Leadership ...click on link for more information and related articles. A Compact Disc (or CD) is an optical disc used to store digital data, originally developed for storing digital audio. The CD, introduced in 1982, is the standard playback format for commercial audio recordings as of mid-2006. An audio compact disc consists of one or more stereo tracks stored using 16-bit PCM coding at a sampling rate of 44.1 kHz. Standard compact discs have a diameter of 120 mm or 80 mm. The 120 mm discs can hold approximately 80 minutes of audio. The 80 mm discs, sometimes used for CD singles, hold approximately 20 minutes of audio. Compact disc technology was later adapted f
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