See
how you stack up
by
Rich Vurva
Ask any distributor what sets their company apart
from the competition, and they’ll likely say, “It’s our
people.” I pose that question to distributors regularly and
virtually always receive some variation of the same response. “Our
people are better because . . .”
They
can’t all be right. If you had a way to measure the sales staff of
every industrial distribution firm in the country against one another,
one distributor would come out on top, another would come in second
place, some other distributor’s people would come in third, and
eventually you’d discover the distributor with the country’s worst
sales force. They probably don’t read this magazine.
Up
to now, the distribution industry has lacked good benchmarking data
about how well distributor salespeople perform their jobs. That’s
why the YPS Group of Atlanta, a sales process engineering and sales
training firm, in conjunction with Progressive Distributor, conducted
an online sales benchmarking assessment project last year. Its purpose
was to establish baseline sales performance benchmarks for the
distribution industry.
The
project asked distributors to rate how well their sales forces execute
a core set of 44 sales best practices and asked them how effective
each of these practices could be if executed extremely well. By
reading results of the study, distributors can compare how well their
sales staffs perform vs. standard benchmarks.
In
other words, if you really believe your people are best, the Sales
Best Practices Benchmarking Assessment Report will prove you right.
But if you suspect your sales staff falls short, the report’s
results provide you with a set of tools to measure and continuously
improve the effectiveness and performance of your sales force. It also
offers specific ideas you can implement to address your sales team’s
weaknesses.
To learn more, download the free executive summary of the
Sales Best
Practices Benchmarking Assessment at www.progressivedistributor.com.
For $75, the YPS Group will e-mail you a portable document file (.pdf)
of the full report, including a detailed plan of attack to grow your
sales.
This editorial appeared in the
January/February 2004 issue of Progressive Distributor magazine.
Copyright 2004.