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SALES RECRUITING Sales Solutions Group Breakfast Series December 1st, 2010
Survey conducted with 511 sales professionals in November 2010 – salary range from $35k - $150K+
2011 – 49.1%of sales people plan on changing sales jobs
69.1% - biggest reason for making a career change is $$$
2ndbiggest reason for a career change
28.9% of sales people say they will not hit quota this year
Search strategies used to search a new sales career…
Recruiting Trends
55% of the people earning their living in sales should be doing something else. Ref: Herb Greenberg, Harold Weinstein and Patrick Sweeney - "How to Hire and Develop Your Next Top Performer".
Another 20% to 25% have what it takes to sell, but they should be selling something else Ref: Herb Greenberg, Harold Weinstein and Patrick Sweeney - "How to Hire and Develop Your Next Top Performer".
Candidates have choices
Cool Places to Work
Social Media – not a fad
Mobile Recruiting???
Mobile Recruiting??? Here are the latest stats on mobile usage: 4 billion worldwide mobile subscribers (vs. 1 billion PC’s). 3.4 billion actual mobile phones are in use and connected (vs. 1.2 billion fixed landlines). 3 billion users of SMS text messaging (vs. 1.3 billion eMail users, and 600 million IM users). 1.7 billion consumers of various premium data services on mobile. 1.35 billion users of MMS 1.05 active users of browsing (“mobile internet”) on the phones. The total content industry on mobile is worth 71 billion dollars. Messaging on mobile worth 130 billion. Total data on phones worth 200 billion. Total mobile services, voice and data, worth 800 billion and the total annual revenues of the mobile industry including handset and network equipment sales, worth one Trillion dollars. Selling 1.18 billion new phones and adding 650 million new subscrptions last year, when the rest of the economy is in a downward spiral, mobile telecoms is a strong vibrant and healthy industry. Source: TomiAhonen, 7thMassMedia.com
Why is Sales Recruiting Important?
Sales Drives the Engine!
Performance Difference “Hire Eagles” Performance Difference =  Usain Bolt signs a $32 Million deal with Puma 2nd Place endorsement deals = $0 .34 Sec performance difference 2008 Olympic men's 100 meters 1. Usain Bolt, JAM, 9.69 2. Richard Thompson, TRI, 9.89 3. Walter Dix, USA, 9.91 4. Churandy Martina, AHO, 9.93 5. Asafa Powell, JAM, 9.95 6. Michael Frater, JAM, 9.97 7. Marc Burns, TRI, 10.01 8. Darvis Patton, USA, 10.03
Performance Difference Impact I.E. – ERP Software Solution Team Rep Quota = $1.5m         Team Quota = $12m Performance Difference: ,[object Object]
It cost you $1,050,000 in “Performance Difference”!,[object Object]
Build A Recruiting System
Profile for Eagles Who you hire makes your brand (avoid mistakes)
Build a Desired Sales Culture
What is the cost of a bad hire? Base Salary Total compensation Recruiter Fees Advertising Fees Territory Vacancy Training  “Lost opportunities”	 Customer Satisfaction Error Rates Competitive disadvantage Negative impact on other sales people Total HR Costs Estimated “cost” 1-5 times salary = $50k-$500k!!!

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What's on your salesperson's mind?

  • 1. SALES RECRUITING Sales Solutions Group Breakfast Series December 1st, 2010
  • 2. Survey conducted with 511 sales professionals in November 2010 – salary range from $35k - $150K+
  • 3. 2011 – 49.1%of sales people plan on changing sales jobs
  • 4. 69.1% - biggest reason for making a career change is $$$
  • 5. 2ndbiggest reason for a career change
  • 6. 28.9% of sales people say they will not hit quota this year
  • 7. Search strategies used to search a new sales career…
  • 9.
  • 10. 55% of the people earning their living in sales should be doing something else. Ref: Herb Greenberg, Harold Weinstein and Patrick Sweeney - "How to Hire and Develop Your Next Top Performer".
  • 11. Another 20% to 25% have what it takes to sell, but they should be selling something else Ref: Herb Greenberg, Harold Weinstein and Patrick Sweeney - "How to Hire and Develop Your Next Top Performer".
  • 14. Social Media – not a fad
  • 16. Mobile Recruiting??? Here are the latest stats on mobile usage: 4 billion worldwide mobile subscribers (vs. 1 billion PC’s). 3.4 billion actual mobile phones are in use and connected (vs. 1.2 billion fixed landlines). 3 billion users of SMS text messaging (vs. 1.3 billion eMail users, and 600 million IM users). 1.7 billion consumers of various premium data services on mobile. 1.35 billion users of MMS 1.05 active users of browsing (“mobile internet”) on the phones. The total content industry on mobile is worth 71 billion dollars. Messaging on mobile worth 130 billion. Total data on phones worth 200 billion. Total mobile services, voice and data, worth 800 billion and the total annual revenues of the mobile industry including handset and network equipment sales, worth one Trillion dollars. Selling 1.18 billion new phones and adding 650 million new subscrptions last year, when the rest of the economy is in a downward spiral, mobile telecoms is a strong vibrant and healthy industry. Source: TomiAhonen, 7thMassMedia.com
  • 17. Why is Sales Recruiting Important?
  • 18. Sales Drives the Engine!
  • 19. Performance Difference “Hire Eagles” Performance Difference = Usain Bolt signs a $32 Million deal with Puma 2nd Place endorsement deals = $0 .34 Sec performance difference 2008 Olympic men's 100 meters 1. Usain Bolt, JAM, 9.69 2. Richard Thompson, TRI, 9.89 3. Walter Dix, USA, 9.91 4. Churandy Martina, AHO, 9.93 5. Asafa Powell, JAM, 9.95 6. Michael Frater, JAM, 9.97 7. Marc Burns, TRI, 10.01 8. Darvis Patton, USA, 10.03
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  • 23. Profile for Eagles Who you hire makes your brand (avoid mistakes)
  • 24. Build a Desired Sales Culture
  • 25. What is the cost of a bad hire? Base Salary Total compensation Recruiter Fees Advertising Fees Territory Vacancy Training “Lost opportunities” Customer Satisfaction Error Rates Competitive disadvantage Negative impact on other sales people Total HR Costs Estimated “cost” 1-5 times salary = $50k-$500k!!!