Hiring Salespeople From Outside Your Industry
Using customer buying patterns to identify top sales talent: S; ^& M/ O' T! q' g
) K6 C: m. b" t: W4 O. \Sourcing sales talent from the competition is a tried and true recruiting strategy. The primary advantage of recruiting salespeople from your industry is it expands your company's sales funnel by capturing new hires' Rolodex of customers and prospects. The next advantage is that salespeople from your industry already know how to sell to your customers. Finally, industry recruiting can dramatically reduce the cost and time of onboarding. Yet the challenge frequently faced by sales managers and recruiters is what to do when the pool of candidates from your industry is sub-par at best. The strategy to recruit from the competition does not improve the odds of hiring a star. Rather, it propagates mediocrity through inbreeding.5 b" i. p" W* T& N3 K( j
9 d1 D9 J0 X4 KFor most positions, hiring outside of the industry is not a major headache. Accountants, software developers, and engineers are technical experts — people with clearly defined job skills that work within standard operating procedures regardless of the industry. Sure, technical experts may need to have experience in the financial or manufacturing sectors, but these are huge industry categories that do not limit recruiters. With a well-defined job description and a little creativity, we can source talented techs. Sales, on the other hand, has a hidden variable: the customer./ H- Q# V1 ^( U- l, f: c9 t
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In every industry, customers follow predictable purchasing patterns. The predictability of customers' behaviors drives our ability to develop sales processes and sales training programs. It also provides us with the key insights to develop cross-industry recruiting strategies. Salespeople are tuned to respond to their customers. By mapping the purchasing behaviors of your customer base, you can identify similar industries where salespeople are trained, experienced, and focused on selling to a similar set of customer needs and behaviors.6 o- W. P* u+ q6 i; B6 H
z* J4 r+ w2 y/ i( `6 |How do your customers select your products and services? Is it a simple transaction based on price, or a process of needs assessment and evaluation? Software salespeople thrive in the complex sale. Their solutions are intangible, impact multiple business units, and are large capital expenses. They have a knack for uncovering the key challenges faced by their prospects and building a compelling business case to invest in their solution. . G4 f" g! K. A Y' J
1 h* `! Q6 J7 f! i* F: e8 MOn the other side, salespeople in highly commoditized industries such as waste management, industrial products, or office supplies are tuned towards canvassing for business. For them sales is more of a numbers game to identify companies that are in a shopping mode. Their weapons of choice to influence the sale are price and convenience.
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1 I* ~5 k' I! j0 p( K0 ]# bIn every industry, customers go through four primary buying stages: