Despite all these tech investments, employees are working harder, doing more, spending more, and taking more risks. Clearly, something isn’t working.
The hard truth is this: the largest tech stack and the biggest salesforce won’t help you if you’ve lost sight of sales fundamentals.
As we’ve said before and will say again, a good, high-quality sale is the byproduct of a series of high-quality decisions. The job of a modern salesperson is to facilitate mutually high-quality decisions.
If sales reps can help people make better decisions, sales will take care of themselves. To do that, salespeople need an efficient, easy-to-use method to get the right signals to manage decision processes.
That’s where RevOps, with its focus on alignment and process, can play a valuable role. A collaboration between sales and RevOps can jumpstart velocity and momentum by ensuring the right information gets to the right people.
To better understand how RevOps and Sales Performance should work together, let’s ensure we’re using the same definitions.
RevOps is a strategic business function that bridges sales, marketing, and customer success to boost revenue growth. To do this, it aligns all the people, processes, systems, and data that control or contribute to how your business generates revenue.
Sales Performance is the effectiveness and efficiency with which a sales team sells in order to meet revenue and sales targets. People often think of sales performance as focusing on production—but it should actually focus on production capacity.
If you remember the story of the goose and the golden egg, a farmer discovered he owned a goose that laid a single golden egg every day. While the farmer was overjoyed at first, he soon became greedy. Impatient that he was only getting one golden egg per day, he decided to kill the goose and cut her open to get all the eggs—but of course, he found no eggs. Meanwhile, he’d destroyed his means of production.
Sales performance focuses on the gold egg—in this case, production—instead of the goose, otherwise known as production capacity.
RevOps can help increase production capacity by giving reps access to the signals they need.
But before we get into the solution, let’s outline why having these signals is more important than ever.
Not that long ago, a strong salesperson could get directly in touch with the final decision-maker. If the rep was skilled enough to influence that decision-maker well enough, they could close the sale. Simple, right?
Unfortunately, that type of sale now teeters on the brink of extinction. In just the past decade, the sales process has changed significantly. Both buyers and sellers have changed their behavior, but they’re failing to connect.
Buyers have become:
Meanwhile, sellers are also struggling with the sales process. They are:
Here’s even more proof the sales process is broken:
The result? Customers are struggling to buy. In order to improve sales performance, sales reps need to be equipped to help customers, who are struggling to sort through conflicting information online, make good decisions.
One way to do this is help your salespeople become what Gartner’s Brent Adamson calls "Sense Making reps." These salespeople help prospects evaluate information by prioritizing sources, quantifying trade-offs and reconciling conflicting information; this helps customers reach their own understanding of the best solution. Adamson says that 80% of the sellers who used the Sense Making approach “closed high-quality, low-regret deals."
To do this successfully, reps need a way to conveniently access and use good data.
There’s a lot RevOps can do to bolster sales performance. However, if I had to boil it down to the most important thing, it would be configuring the CRM so reps can more easily identify important signals. This would allow sales reps to prioritize strong opportunities and get in earlier, playing an important role in the buyer’s decision-making process.
In addition, salespeople are more likely to fall out of compliance if the data they’re using isn’t worthwhile—and that perpetuates the whole cycle all over again. RevOps can help design—or redesign—the CRM so that it supports the business process, which will increase utilization. That, in turn, will create better data and improve usage.
If RevOps can roll up its sleeves and help sales reps with these four signals, sales performance will be able to focus on scaling sales production. Salespeople and sales managers will be able to tailor their sales and marketing efforts to the most likely prospects, increasing the chances of consistently closing deals.