Listen "Episode 138: These 3 Metrics Will Grow Your Sales Revenue"
Episode Synopsis
Explore the intricacies of effective sales team management in this enriching episode of the Stronger Sales Team podcast featuring sales expert Ben Wright. As Ben recounts his journey from a top-performing salesperson to a seasoned sales leader, he underscores the importance of structured learning and mentorship in overcoming the challenges inherent in sales leadership roles. This episode delves deep into strategic approaches like the three box model, designed to streamline sales performance metrics, thus aiding sales teams in achieving and exceeding their targets efficiently. This episode is a rich resource packed with insights for those aspiring to excel in B2B sales management.Key Takeaways:• Three Box Model: A profound tool comprising the metrics of the number of meetings, active pipeline size, and sales achieved, helping managers maintain focus and drive performance.• Energy, Strategy, and Talent: Aligning the three box model with the TeamSTEP model, Ben highlights how energy, strategy, and talent are crucial levers for achieving sales excellence.• Clear, simple metrics enable sales teams to keep sight of their goals and avoid the pitfalls of overcomplicated data which can impede alignment and performance.• Ben emphasizes shortening learning cycles for new leaders through training and mentorship to avoid years of struggle.• The podcast discusses the broader journeyTime Stamps:0:00 Intro2:36 Revisiting Episode 154:30 “ Vulnerable Moment”9:30 The Three-Box Model10:21 Lighting the Fire Underneath11: 33 Being Clear on the Metrics to Our Team13: 11 Simplifying the Sales Metrics13: 37 First Box: Number of Meetings14:17 Second Box: Active Pipeline Size15:25 Third Box: Sales16:44 Measurement17:09 Team Step Model= Three-box Model18:33 The Three-Box Model Details23: 20 Helping a Team Member Close24:57 How to Implement the Three-box Model26:14 Health and Fitness Tip27:05 OutroRate, Review, & Follow If you’re liking what you’re hearing, make sure you ‘follow’ the show wherever you listen to your podcasts…so you never miss an episode! I’d also love to hear what you think, so drop us a review after you close that next deal…tell me what you’re liking, and what you want more of so I can look to cover it in a future episode.