Tag Archives: Salesforce.com

Time Travel…A Tale of Sales Tool Evolution!

The tools of the [sales] trade have changed remarkably since I began my career 20 years ago.  That fact struck me on a recent business trip to San Diego even harder than the strange weather (It was 30 degrees warmer in Chicago than Southern California – in March!).  On this trip, I got more work done during my flight than I could have done over the course of an entire week 20 years ago.  It was truly like time travel.

Yes, sales tools have changed…Actually, sales tools have been radically transformed over the past 20 years.  Only after the day had ended, when I was eating dinner and reflecting, did I piece together just how amazing the transformation has been.

Here is a summary of the tools that I leveraged.

First, the travel itself.  I booked my trip through Travelocity, managed my trip through Tripit on my iPhone, and boarded the plane (using my mobile boarding pass of course).  In the “old days” this would have called for me collaborating with a travel agent via phone while the agent looked up options on their private terminal.  Then, I would have received physical tickets in the mail, and checked in at the airport to receive physical boarding passes.

On to the research.  I began by  the exploring the backgrounds of the clients with whom I was to meet, literally gathering more information than a team of people could have done over several days in the 1990s.  I accessed bios on each attendee of my meetings via LinkedIn, then accessed breakdowns on their company via Data.com and Google Finance.  Finally, I Checked Radian6 and HootSuite for any social media postings by or about them or their company.

Then there was the preparation of meeting materials.  While in the air for the 4 hour flight (which used to be 4 dead hours) I worked on my PowerPoint presentation, connected to the in-flight wi-fi on American Airlines, collaborated with my co-workers via Skype to complete the presentation, then emailed it to my team at the destination.

Suddenly, Radian6, my social media listening tool flagged a newly published article about another key client of mine.  Before I landed in California, I had clipped that article, emailed it with a congratulatory note the my key contacts at this important client, and landed a meeting with their CEO, all of which was neatly and automatically tracked and summarized in my cloud-based CRM system, salesforce.com.

On the way to my meeting, I called up the mobile version of salesforce.com on my iphone, downloaded a map to the meeting place, called my contact, and logged a note to remind myself of our conversation.

Amazing.  Nothing short of stunning, really.

In one day, I had leveraged “sales 2.0″ tools including:

  1. Wireless internet during a flight: Go-Go in-flight internet on American Airlines (converting 4 dormant hours to productive time)
  2. Cloud-based CRM: salesforce.com and integrated Outlook email
  3. Online intelligence:  Data.com, Google Finance
  4. Social media: Radian6, HootSuite, and LinkedIn
  5. Mobile solutions: salesforce.com mobile, Google Maps,

This is such a fundamental paradigm shift for someone who began in sales at a time when the fax machine was breaking its own paradigm of physical document delivery (Remember?…”It sends the contracts over the phone lines as data and then re-assembles them on the receiving machine!”).

So, before jumping into your next big day, take a moment to reflect and appreciate the progress we’ve made.

Of course, as a famous time traveler once said,”It’s always a big day tomorrow – I’ve got a time machine; I skip the little ones!” ~The Doctor

Green Bananas

One day earlier this month, I got up for my morning routine and went to pack my breakfast – which, since my wife became a nutrition coach and got me on a solid path, usually consists of some whole grains and fresh fruit. I’d been craving a banana and had not had one in a while. I rounded the corner to my kitchen, filled up my coffee, reached into the fruit basket and without even looking broke off a banana from the bunch. The ensuing “snap” let me know what my eyes now confirmed – it was a [very] green banana and was not going to do me any good that day. “Maybe by the end of the week,” I said. The more familiar scenario in my house is that we find there are several brown spotted bananas which we quickly convert to banana bread and all is well. But as I completed my commute to work that day it got me thinking. Do we have any “green bananas” in our pipeline?

Looking at my firm’s business after the big push to the finish in 2011 had my team wondering about the top of our sales funnel, which we had not done in a while.

After spending so much time nurturing the mature opportunities through the more time-consuming stages of qualification, proposals, contracts, and closure, we turned our eyes to the top of the funnel, and were not happy with what we saw. We had just baked a big loaf of banana bread but the basket was lower than we liked, except for a some [very] green bananas.

How many times have you found yourself dealing with the mature deals in your pipeline like those ripe bananas and wondering, “Now what?” Or, looking at a bunch of green bananas and wondering how long it would be until you could eat?

Well, it’s all about managing your produce.

  1. Block out time and buy some green bananas. Treat your demand generation and lead follow-up time as sacred. Book time during your week for this “appointment” of new sales activities and keep that meeting no matter what. Bring in the fresh stock!
  2. Spend time balancing ripeness. Get face-to-face with your clients.  Never Eat Alone. Use coffee in the morning and lunch in the afternoon as ways to strike up conversations in your network to keep the produce moving through the process. It may not pay off today, but your deals will mature when you need them down the line. Personally, I’m finding more people willing to grab a quick coffee or be treated to an eat-in lunch at their office these days than taking time for dinners or playing rounds of golf like the heyday.  The point is, you need to spend one-on-one time to ripen your deals.
  3. Rotate your stock. My firm uses salesforce.com for CRM (full disclosure, we also do consulting on the product and it is my personal favorite after using many over the years – contact me if you’s like to learn more) but whatever CRM system you use, be sure that it serves its core purpose – to allocate your precious resources across the portfolio of opportunities to maximize your business by helping your customers. To do this, you need to be sure about where you are in the buying/selling process. You need to know that you are taking the right action and applying the right resources. Use your CRM system to ensure you are not ignoring new opportunities while you’re focused exclusively on the “closing” end of the funnel. You need to spend time in each stage to get the most out of your produce.

Stick with this more balanced approach to your selling activities and you’ll create a more balanced sales funnel. You’ll have some nice green bananas, some delicious yellow ripe ones – and yes, hopefully, you’ll also be making lots of bread!

Please Read CRM and Leave Me Alone!

Begin rant here…

If you look at it from the perspective of the sales representative, one of the principal benefits of CRM (and I’ve selected, implemented, and used them all – Microsoft CRM, Salesforce.com, Oracle CRM, Sugar, you name it)  is creating a “book of record” for opportunities and client touch points. 

I know where my opportunity stands.  I know the sales stage we’re in.  I know the people making the decision.  I know our allies and our detractors.  I have all my correspondence to and from our buyers.  I have the latest feedback from the  influencers.  I’ve documented our partners on the deal. Ditto the competition. I know our relative strengths and weaknesses.  And, here is the coolest part - SO DO YOU!  In fact, everyone in the organization has this information in one, centralized spot.

This is why my pet peeve is doing perpetual deal reviews for various members of a pursuit team – catching them up.  As the Sales Rep, this consumes  untold cycles of my time.

If you want to know about a deal, please go review the notes on it in CRM! 

Otherwise, why am I doing this typing?  (I’m the one who already knows this information, remember?)

…Rant ended