Uncertain times are upon us. There is considerable economic uncertainty in many industries, unpredictability among Canada’s largest trade partners, shifting ways in which companies do business, a new provincial government, and a soon-to-be Federal election. Safe to say, there is a lot going on, making it extremely challenging for companies, and sales teams in particular, to not only set performance goals, but meet them.
When things are uncertain, sales teams need to dig deeper to find new opportunities and close deals. Clients take more convincing, and there are more objections and obstacles to overcome before trust is built. As sales leaders, you need to ramp up your motivation and tap into the things that best motivate your sales team. Our sales recruiters have consulted with some managers and leaders to get insights into what the best motivators are and will share this below.
In this blog, we’ll cover:
We’ve built sales teams. We’ve seen top performers leave. We’ve seen sales teams have a lot of success, and we’ve also seen them struggle. The truth is not all sales reps are created equal. Motivation plays a key role in the success or failure of sales reps and teams. Here are some stats to consider:
During good times, it’s challenging enough to meet your sales targets. However, it becomes even more challenging for companies to meet their quotas during uncertain times. Low sales and high turnover equal large losses for any company. So, leaders need to dig into their motivational toolbag to get the most out of their team as possible.
Uncertain times, whether due to economic downturns, industry shifts, or internal company changes, can make it challenging for sales teams to stay motivated. However, with the right strategies, leaders can keep their teams focused, engaged, and productive. Below are the best motivators to help sales teams navigate uncertainty and continue performing at their best.
Open and honest communication helps alleviate fears and provides clarity. Keeping sales teams informed about company goals, market conditions, and leadership decisions builds trust and reduces uncertainty.
Some of the things leaders can do to be transparent:
Sales teams look to their leaders for guidance and reassurance during uncertain times. A confident, supportive leader can inspire resilience and a positive mindset. Leaders set the tone. They also provide reassurance when reps need it.
Here are some ways leaders can lead and support their team:
Even during tough times, recognizing achievements keeps sales teams motivated. Incentives don’t always have to be monetary; recognition and meaningful rewards can be equally effective.
Here are some ways to recognize your team:
Uncertain times often require sales teams to adapt to new markets, products, or selling techniques. Providing ongoing training helps them feel prepared and confident. Provide as much training as required to help your team achieve success.
Here are some tips to offer training:
A supportive team environment fosters motivation and resilience. Sales professionals thrive in a culture that encourages teamwork and shared success.
Here is what you can do:
When market conditions change, sales teams need to pivot their strategies. Providing the right tools and approaches can help them continue closing deals. Expect a transition.
Here are ways to help your team adjust:
In uncertain times, customer trust and loyalty become even more crucial. Sales teams should focus on building strong relationships rather than just closing deals.
Here’s what to do:
Motivating a sales team during uncertain times requires a combination of strong leadership, clear communication, incentives, and ongoing support. By implementing these strategies, companies can keep their sales teams engaged, resilient, and prepared to overcome challenges while continuing to drive success
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With a background successfully leading sales teams (overseeing training & development, driving sales & revenue, and ensuring delivery of exceptional customer service while executing cost control), Brandon is a sales recruiter with a solid understanding of what it takes to succeed in sales leadership role, as well as the challenges faced by hiring managers in finding top sales talent.