Change Management for Sales Development Teams, with Erik Estabrook of SocialChorus
3/13/2020
Comments
Erik started his career in the marketing department at Gatorade as part of the ‘Mission Control’ team. As he spoke to more salespeople though, sales seemed more appealing and he changed paths. He hasn’t looked back since and today heads up Sales Development at SocialChorus. He shared his thoughts with the Tenbound team on implementing change, making the most of your tech, and picking the right Sales Development strategy. Managing change in your Sales Development team Erik attributes his success as an SDR to the strategies he builds through structure, process, and personalization at scale. However, when Erik started his current role, there wasn't much structure or process, and personalization was an unknown term. Additionally, the team was completely focused on quantity over quality, believing the best way to hit quota was more calls, more meetings, and more opportunities. As a result, he ended up reversing everything the team was doing. Within the first couple of weeks, he replaced their hybrid lead model — a structure in which marketing-generated leads are distributed to SDRs who are also expected to simultaneously reach out to cold contacts and accounts —with two distinct processes and strategies for inbound and outbound prospecting. This enabled a focus of expertise with linear visibility into two separate funnels of sales opportunities. He also encouraged the reps to be more targeted by splitting up territories and creating a top 50-100 accounts for each rep (vs. the 1-2k accounts per rep), enabling them to focus on companies that would see the most value from partnering with SocialChorusul — ultimately shortening deal cycles and extending the partnership terms. Top Tech Tools SocialChorus has every known Sales Development tool out there, from ABM to cold calling tech. Their number one tool is 6sense, which aggregates data from different sources to let you know who you should be reaching out to. They’re also big fans of Chorus.ai for recording and learning from their sales calls. With all those tools though, the real challenge is learning how to use them effectively. It’s one thing to record all your calls, but you need the focus and time to listen, train and coach on them. In some cases, being effective means letting go of some tools. The team no longer uses Outreach or Seamless.ai, as they no longer worked well for the team. Using the right Sales Development strategy SocialChorus focuses on account-based selling, with demand gen used as support. As they mainly sell into large enterprises, there are usually a lot of different stakeholders they can talk to. In addition, there are different channels, methods, styles, and strategies they can use, not just to get a meeting, but to create a sales experience for the prospect. With all the different potential permutations they can use, SocialChorus think in terms of multi-channel, multi-threaded campaigns that leverage all the different departments and people, both for their prospects and the team at SocialChorus. The future for SocialChorus Erik wants the SocialChorus team to be known for being the hardest working and most knowledgeable team, while also having the most fun. Looking back on their success in 2019, he believes they have a fantastic opportunity to help the people on the team take that next step in their career and go on to more significant revenue-driving roles, whether that’s as an account executive, in customer success, or management. By the end of 2020, Erik hopes that many team members will have moved on and are successful in their next role. Conclusion Change is always a challenge, especially for an established Sales Development team. However, by using technology effectively and picking the right strategy, it’s possible to turn things around and create a strong Sales Development team with long-term potential. If you’re looking for ways to improve your Sales Development program and overcome those challenges, contact us at Tenbound today for a no-obligation exploratory call. |
Weekly Newsletter
Blog Archives
October 2024
August 2024
November 2023
September 2023
December 2022
November 2022
October 2022
September 2022
August 2022
July 2022
June 2022
May 2022
February 2022
January 2022
December 2021
November 2021
October 2021
September 2021
July 2021
June 2021
May 2021
February 2021
January 2021
October 2020
September 2020
June 2020
May 2020
April 2020
March 2020
January 2020
December 2019
November 2019
September 2019
August 2019
June 2019
May 2019
March 2019
February 2019
November 2018
October 2018
July 2018
April 2018
March 2018
February 2018
November 2017
October 2017
September 2017
June 2017
May 2017
April 2017
March 2017
February 2017
January 2017
September 2016
August 2016
May 2016
September 2015
March 2015
February 2015
January 2015
Categories
All
Book
Boost Sales
Career
Coaching
Cold Calling
Communities
Conference
COVID-19
Infographic
Job
Leaders
Leads
Management
Market
Outsourcing
Pandemic
Podcast
Psychographics
Sales Development
SDR
Seminar
Social Media
Team
Technology
Trade Shows
Training
Trends
Get the Best Boss Ever:
|