The Top 4 Sales Efficiency Challenges & Solutions
The challenge of sales is that sales is… Well, challenging! And when it comes to sales efficiency, four challenges seem particularly common. We often see small to mid-size businesses struggling in the areas of Sales Process Complexity, Sales Technology, Data and Analytics, and Sales Rep Training.
Let’s dive into each category to evaluate the problems – and solutions – associated with each.
SALES PROCESS COMPLEXITY
Common Problems:
• Reduced efficiency and wasted effort due to sales reps spending too much time on administrative tasks.
• Longer sales cycles which can tie up resources and delay deal closings. Sometimes, this results from multiple decision-makers being required to sign off on the deal, but it too often results from inefficiencies in the seller’s organization.
• Higher costs due to the extended sales cycles and the number of steps involved in the process.
• Customer frustration which can impact the seller/buyer relationship in the short- and long-term.
Solutions to Consider:
• Analyze the sales process to determine areas where the process can be streamlined or automated with AI.
• Create a sales playbook to ensure all sales team members truly understand the sales process.
• Hold the team accountable for understanding and following the documented process. If non-compliance is too common, it could indicate the process needs more fine-tuning.
• Use technology to identify and generate leads and use your Customer Relationship Management (CRM) software to identify recurring issues and bottlenecks.
• Listen to your customers; if they are frustrated with certain aspects of their buying experience, this should provide clues on how to improve your sales process.
SALES TECHNOLOGY
Common Problems:
• Too many tools and lack of coordination between technology platforms – including systems, software, and applications – can cause confusion and inefficiency for sales team members.
• Integration issues and lack of alignment can lead to data silos, repetitive and time-consuming input, overall inefficiencies, and conflicting output.
• Poor training that leaves sales reps underqualified to use sales technology effectively and efficiently.
• Utilizing technology platforms that the sales team does not buy into – they do not understand or see the value it provides, and therefore do not use it.
Solutions to Consider:
• Choose integrated or compatible technology systems to avoid compatibility
problems.
• Provide thorough training to empower sales team members.
• Invest in a comprehensive (but not overly complex) CRM system.
• Implement a sales engagement platform to help automate repetitive tasks such as sending emails and scheduling meetings.
• Use sales analytics tools to help track performance and identify areas for improvement.
• Get feedback from your sales team members; as the frontline technology users, they probably have great ideas for enhancements.
LACK OF DATA AND ANALYTICS
Common Problems:
•Siloed data systems.
•Poor data collection practices, which can include not capturing key data in a CRM with each customer or prospect interaction.
• Poor data quality due to unreliable data sources, inaccurate data entry, duplicate data, or incomplete data.
• Lack of data analytics tools, often due to a lack of budget or a poor understanding of the importance of the tools and how to confidently use them.
Solutions to Consider:
• Improve data collection, whether it be from a purchased list or gathered during the course of business operations; strive for meaningful comprehensiveness that will support future reporting and forecasting.
• Centralize data in a well-aligned CRM system.
• Use meaningful data in the CRM to perform general sales analytics, forecasting, and process improvements.
• Use a consultant skilled in sales analysis to identify trends, patterns, and opportunities for process improvement.
SALES REP TRAINING
Common Problems:
• Poor sales rep performance due to non-existent, poor, or improper sales training on processes, tools, and resources.
• High sales team turnover, which results from poor performance or dissatisfaction with up-front management support and professional development.
• Customer dissatisfaction due to poorly trained sales representatives.
• Poor sales training content that may be irrelevant, ineffective, or outdated.
• Lack of practice opportunities during and after sales training.
Solutions to Consider:
• Commit to frequent sales training and prioritize its importance even if it impacts available selling time in the short term.
• Implement sales training programs aligned to big-picture and specific sales performance needs.
• Listen to sales rep feedback to improve training methods and focus.
• Provide opportunities to practice what has been learned; use simulated and real-world opportunities, including roleplay.
THE BOTTOM LINE
Identifying sales efficiency challenges is the first step toward implementing meaningful solutions. One easy way to identify your company’s unique problem areas is to take my free Sales Agility Assessment. It’s a quick and easy way to zero in on the challenges facing your sales organization. Once you have a better understanding of your specific sales challenges, I will work with you on focused solutions to help you overcome your most troubling sales efficiency challenges.