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Meetings are the standard practices followed in an organization. It helps in making the process smoother, understanding the concern of the team members, finding solutions for the unresolved issues, and others.
Some of the highly useful tips for conducting a successful sales meeting are:
Most of the meetings are off the track and are time-consuming because it lacks the purpose. Meetings are conducted to make the work process easier, help the employees in resolving the misunderstanding with their teammates, find real-time solutions for acquiring a high-end customer, etc. but when these meetings are conducted without a proper objective, then it becomes a major hurdle in executing the meeting successfully. So, one has to plan the strategy for ensuring that all the meetings have a purpose for getting fulfilled.
Sales representatives generate profits for the organization, bring revenue and help the company in achieving their targets, so it is advisable for not conducting longer duration meetings for the sales team. It should be cut short and to the point like addressing the relevant topics like:
• What was the sales target?
• How much was achieved?
• What could have been done to achieve the target?
• What are the obstacles being faced by the team?
• What are the key performance indicators?
• Planning quarterly, monthly, and weekly assignment
Sales is a tough task, and it requires good skills and experience to convince a new customer. An employee having little experience might not generate enough sales in the beginning, but it is essential to appreciate their effort in every sales meeting. This will surely boost their morale and encourage them for closing a high number of sales. The team leader in this scenario should guide them with the right skillset so that they can understand each customer and grasp the tactics for convincing them easily.
Meetings should never be conducted without the right decision maker. Experienced team members have to be included in the meeting for overseeing whether the meeting is going in the right direction. It is also a good decision for inviting representatives from other departments, especially the marketing department. This will help in better understanding of your challenges, sales pipeline, etc. which will further make the process streamlined and approachable.
All the meetings have to be planned in advance it could be the weekly, monthly, or even the quarterly meeting.
Some of the important agendas for the weekly sales meeting can be:
• Number of opportunities which are there in the pipeline
• Deal value
• Identifying the next steps in reviving the stagnant deals
This meeting can be taken up with individual team members with a minimum duration of 15 minutes, with each of the sales representatives.
The agendas for the quarterly meeting can be:
• Planning the sales target for the next quarter
• Evaluating whether the process and the team is on the planned track
• Discussing the measures to be taken for hitting the target
This meeting should be attended by the sales manager and the representatives and could be executed within a minimum duration of 45-60 minutes.
The agendas for the monthly meeting can be:
• Resources which the sales representative have and how it can be used for closing the deal
• The latest updates like features added in the product or services which the sales representatives should be aware of.
The meeting can be attended by all the people involved in sales and could have a minimum duration of 30 minutes.
All the meetings should have an agenda, with a fixed time duration, where members can share about their opportunities in the pipeline, status of the deals, etc. A productive sales meeting respects every member’s time, appreciates both individual and team performance, and ends with an optimistic note.
Meetings can be a headache for the whole team, including the person who is conducting the meeting if it does not produce the desired outcome. The sales representatives should never leave the room thinking that it was a waste of time, or they could have done other productive work like calling the prospects or closing the deals. Proper planning like asking the right questions to understand the real challenges faced by the representatives, result-oriented solution for resolving the root cause of the issue can be a sure-shot path for making the meeting successful.