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If things have slowed down, or even stalled, how do you motivate the team?
It’s definitely a challenge. Because everyone in sales?knows and feels that it's harder. They know if the competition is getting stronger. If the new VP of Sales isn’t good enough. If the outages are getting worse. If leads are just fewer and tougher to close.
Still, a few thoughts on what to do to get the team through a rough patch:
- Deliver a killer feature to the sales team. One they’ve really been asking for. Sales loves a “10x feature” that the customers have been begging for. One they can win deals with. This almost always inspires the team. Go build one. More here:?The 10x Feature is Real. At Least, for a While. What’s Yours? | SaaStr
- Promote your #1 rep. Usually, even in a rough patch, your #1 rep is still doing reasonably well. Promote her to team lead or even director — if she wants it and can do the job. That shows the team you are investing in your winners.
- Ask. Your sales team does nothing else every day. Ask them how to do a little bit better. You’ll hear a lot of noise … but they do know.
- Get them more leads. Go hire a true VP of Demand Gen. 2x the leads at even the same lead equality = more sales. More here:?Hire the Right Type of VP Marketing — Or You’ll Just End Up With a Bunch of Blue Pens with Your Logo On Them | SaaStr
- Modestly reset the plan. If the plan was too aggressive, it’s OK to modestly reset it once. This doesn’t solve the underlying issues. But it’s a one-time stress reliever for the team. One time only, though.
- Let the 1–2 worst reps go.?Why does this work? Well, you re-route their leads to better reps. And revenue almost automatically goes up when you do that. It also sends a signal to the team that you can’t skate by. If you have 1–2 reps that simply can’t close, everyone also knows that. It undermines morale to keep paying them in tougher times?if?everyone knows they aren’t improving. Better fewer good reps, sharing more leads, at least for now. A bit more here:?5 Simple Tips to Improve How You Allocate Leads (In The Early-ish Days) | SaaStr
- Focus on driving NPS up this quarter — and each quarter thereafter. This doesn’t magically make the sales team happier. But it’s another goal that over the course of the next 12 months will drive sales up, especially upgrades. More here:?I Was Wrong. NPS is A Great Core Metric. | SaaStr
- Lead from the front. Go get on more Zooms and flights. Invite customers to the office and to lunch-and-learns and to webinars.?In fact, start doing a weekly customer webinar — THIS WEEK.?Don’t hide from bad sales. Go help the team. Go visit all your top customers. Plan your first customer conference. Start doing a weekly webinar now, and lead it yourself.?Webinars Almost Always Work | SaaStr
Make 3–4 incremental improvements. They’ll compound. And if nothing else, you should close more sales after that. Maybe not enough. But more.
Workshop Wednesdays?- is a series where we bring top SaaS experts to answer your questions in a completely live, unscripted workshop - continues this Wednesday!
This week's live workshop will feature:
5 Metrics Every SaaS Company Should Care About - for Success in Any Market Conditions with Jessica Bartos Investor
Salesforce Ventures
Stuck at 6/7-Fig ARR? Building Audience and Sales Pipeline with AUTHORITY is the only way to Faster 8-Fig Growth | Fractional CMO
1 年Nobody likes having a rough month or quarter. How about helping the reps with more leads? So they can crush it in the following month.
Client Partner, MediSpend/3x Founder/ 4 Exits/Top Voice/ $1.5B in Sales Volume
1 年I hate the "rough quarter so fire someone" move, however it is justified if it truly was a contributor to the miss, and all effots have been made to improve those people.