2. Meet Jack
Meet New Sales Hire Jack:
Annual Territory Quota: $2MM
Base Comp: $120k
• Lost Sales While Position Open - 90 Days: -$500k
• Placement Cost 20% of Comp: -$24k
• Twelve Month Ramp-up Salary & Benefits: -$138k
• Training Material Cost: -$2k
• Lost Sales While Ramping Up: -$2MM
• Actual Sales Produced: +$250k
Jack’s Total Ramp-up Cost: -$2,414,000
Jack was let go in month 13
when management became
impatient with his lack of
productivity.
3. Before You Fire a
Sales Rep . . .
Take a Good Look
In The Mirror
You’ve invested blood, sweat, and tears in
your salesperson. Nothing seems to be
working. Your rep continues to
underperform.
4. Jack’s Post Mortem
Wrong Fit: Jack came from a big company and was brought into a small company
with limited resources.
Wrong Skills: Jack was not comfortable with the level of prospecting and cold calling
required.
Poor Sales Onboarding: Jack received almost no new hire training. Management
assumed since he had sales experience he knew how to sell their product.
Non-existent Sales Coaching: Jack received little hands on coaching from his sales
manager. In fact, his sales manager did not go out with him once during his
employment.
5. Download Full Presentation File Here:-
http://community.mile.org/index.php/downloads/file/177-
how-to-turn-around-under-performing-sales-people