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Creating a High Performance Retail Sales Team

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How Does Your Team Rate? On a Scale of 1 to 5. Do I know what is expected of me at work? ... hold up to five hundred magnets.' Valas Consulting Group, LLC. 19 ... – PowerPoint PPT presentation

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Title: Creating a High Performance Retail Sales Team


1
Creating a High Performance Retail Sales Team
  • PARA
  • May, 2005
  • Elly S. Valas
  • Valas Consulting Group, LLC
  • ellysv_at_msn.com

2
Job of the Manager
  • Have the right people.

3
How Does Your Team Rate?On a Scale of 1 to 5
  • Do I know what is expected of me at work?
  • Do I have the materials and equipment I need to
    do my work right?
  • At work, do I have the opportunity to do what I
    do best every day?
  • In the last seven days, have I received
    recognition or praise for doing good work?

4
How Does Your Team Rate?On a Scale of 1 to 5
  • Is there someone at work who encourages my
    development?
  • Does my supervisor, or someone at work, seem to
    care about me as a person?
  • At work, do my opinions seem to count?
  • Does the mission/purpose of my company make me
    feel my job is important?

5
How Does Your Team Rate?On a Scale of 1 5
  • 9. Are my co-workers committed to doing quality
    work?
  • Do I have a best friend at work?
  • In the last six months, has someone
    at work talked to me about my
    progress?
  • This last year, have I had opportunities at
    work to learn and grow?
  • --Marcus Buckingham First Break All the
    Rules

6
Qualities of Top Performers
  • Do not take no personally
  • Accept responsibility for results
  • Above-average ambition
  • High levels of empathy
  • Intensely goal oriented
  • Above-average will power
  • Impeccably honest
  • Ability to approach strangers
  • --Harvard Business School

7
Job of the Manager
  • Have the right people.
  • Make sure they know what their jobs are.

8
Job Description
  • Basic Function
  • Duties and Responsibilities
  • Relationships
  • Minimum Qualifications
  • And other responsibilities that may be assigned
    by management when required.

9
Job of the Manager
  • Have the right people.
  • Make sure they know what their jobs are.
  • Make sure they know how to do their jobs.

10
Training Doesnt CostIt Pays
  • The military spends up to 80 of each enlisted
    persons time training for action they hope never
    to see.
  • Independent retailers spend less than 2 of their
    staffs time training for action they desperately
    hope to see!

11
Training Doesnt CostIt Pays!
  • The Container Store invests 235 hours of formal
    training in every first year employee..the
    retail industry average is a measly seven.
  • for an industry that suffers from an annual
    employee turnover rate of 120 percent a year,
    retailers of every stripe could learn a thing or
    two from a company that enjoys an 8 percent
    turnover rate among full-time employees and 20
    percent among part-time workers.
  • --HFN 1/13/2003

12
Adult Learning
  • Must recognize and utilize the life experiences
    of the learners as part of the curriculum.
  • Must be based on desired outcomes and goals.
  • Must be participatory.
  • Is best conducted in short, frequent modules.
  • Must meet the needs of the participants more than
    the needs of the trainer.
  • Must help them succeed as outlined
  • in their job descriptions.

13
Job of the Manager
  • Have the right people.
  • Make sure they know what their jobs are.
  • Make sure they know how to do their jobs.
  • Get out of their way and let them do their jobs.

14
Motivation for Results
  • Show staff members you really care.
  • Make employees feel important.
  • Know the power of recognition.
  • Give positive feedback.
  • Know each employees hot
  • button.
  • Give employees personal attention.
  • Be a leader.

15
Measuring Sales Potential
  • What do your team members control?
  • Store Traffic
  • Closing Rate
  • Average Sale
  • Number of Items on each Ticket

16
Your Store Sales Report
17
Increasing Average Sale
  • Add features and benefits to step up.

18
Now this baby can hold up to five hundred
magnets.
19
Increasing Average Sale
  • Add features and benefits to step up.
  • Step up one model.

20
DVD Player
This DVD player costs less than players selling
for twice as much.
21
Increasing Average Sale
  • Add features and benefits to step up.
  • Step up one model.
  • Sell the package.
  • Add cables and connectors.
  • Add additional speakers.
  • Add accessories.
  • Add remote.
  • Add furniture.
  • Add audio.

22
Your Store Sales Report
23
Plan for Improvement
  • Accurately track ups.
  • Compute closing ratio regularly.
  • Set new closing goals.
  • View each sale as an opportunity to increase
    average sale.
  • Learn about product benefits.
  • Know each customer.
  • Evaluate each opportunity.
  • Follow-up every prospect.
  • Value ongoing sales training.

24
Job of the Manager
  • Have the right people.
  • Make sure they know what their jobs are.
  • Make sure they know how to do their jobs.
  • Get out of their way and let them do their jobs.
  • Evaluate and coach.

25
Holding Up the Mirror
  • Give ongoing feedback.
  • Review past performance briefly.
  • Shift focus to the future and how the employee
    could be more productive.
  • Give feedback privately, one on one.
  • --First Break All the Rules, Marcus Buckingham

26
The One Minute Manager
  • Catch your team members doing something right!
  • The One Minute Manager, Ken Blanchard

27
Job of the Manager
  • Have the right people.
  • Make sure they know what their jobs are.
  • Make sure they know how to do their jobs.
  • Get out of their way and let them do their jobs.
  • Evaluate and coach.
  • Praise generously.
  • Retrain when necessary.

28
REWARDING PEOPLE
Rule What gets measured, gets
done. Rule What gets done, should be
rewarded. Rule Behavior rewarded, gets
repeated.
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