Posted by Matt Cook
The mission to retain sales people is front and center for many
organizations since higher retention rates result in lower recruiting costs and
keep the sales team’s focus on selling, rather than the disruptions that the
continual cycling of sales personnel can cause. At the same time, organizations
may struggle to retain sales people due to a variety of factors. The good news
is many of the negative impacts on the ability to retain sales people are
within your organization’s control, and the solutions are likely less costly
than you think.
Retain Sales People by Building
the Team
Sales people perform best in teams due to the support and collegial
competition that teams provide. However, if your sales team is not functioning
as a team, this could be a contributing factor to turnover. Make sure that your
sales team is operating functionally by including your entire sales team in
meetings to discuss direction, brainstorm ideas, or simply get together
whenever possible. The better the individuals on your sales team know one
another, the better they will operate as a team. This keeps your sales people
involved with each other and the organization, making it easier to retain sales
people.
Retain Sales People with Clear
Leadership
Top sales people want to work for winning organizations, and one thing
that all winning organizations have in common is clear leadership. This
leadership is seen in the products and services offered as well as in management
and executive staff, all of which influences an organization’s overall
direction. To help retain sales people, your organization can make a point to
emphasize what it and its managers are doing to take and maintain a leadership
position in its industry, and involve sales people in that conversation. If
your sales people perceive that your organization knows where it is going and
what it will take to get there, they will be more willing to stay on to make a
contribution.
Retain Sales People by Providing
Career Development
Lack of opportunities for development and advancement is an explanation
that sales people frequently give for leaving past positions for a reason.
Sales people tend to be deeply career focused and will do whatever it takes,
including changing employers, to advance their career tracks. This means that
if you want to retain sales people, your organization should be focusing on
meeting their development needs. Ask each sales person on your team what he or
she would like to do better in. This will help you determine the approach to
take in coaching on those areas and help you develop opportunities for career
development that enhance your organization’s ability to retain sales people.
You can then consider:
- Engaging third party career development coaches for one-on-one or small group mentoring
- Providing cross-functional training opportunities where feasible and beneficial to sales people and your organization
- · Offering shared expense arrangements to assist sales people interested in advanced education
Retain Sales People by Hiring
for the Long Term
One of the habits most damaging to an organization’s ability to retain
sales people is not recruiting and selecting sales candidates who are looking
for long term careers. Identifying sales candidates who have a stable work
history and a commitment to your organization is therefore an important aspect
of sales retention, which starts at the very beginning of the hiring process.
Highlight your organization’s desire for long term, career-minded sales people
beginning with the job description and extending through the interview
questions asked of potential candidates.
If your business is facing rapid
turnover, it sometimes takes an outsider’s perspective to isolate the reasons
behind it. An experienced and qualified sales recruiting firm can help your
organization identify and combat the causes of turnover, helping you retain
sales people for the long term. Contact a trusted sales recruiter that offers a
range of consulting services to improve your sales recruitment and retention
processes.
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