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Episode 63: Creating a Successful Onboarding Plan for New Sales Reps
Manage episode 394570965 series 3186048
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The first 30 days of a sales rep are some of the most overloaded but important weeks of their career at your company. The average sales rep takes 3 months to ramp up and nearly 10 months before they are profitable with the company. With average tenures being less than 18 months, that means you have only about 8 months of productive selling time with reps.
This is a big problem for organizations especially when you consider a bad sales hire costs a company up to 70% of the seller's annual revenue goals. To solve this companies need to speed up their rep’s time to value by moving them faster through the onboarding process and putting practices in place to help them retain and enact sales strategies more consistently.
In today’s episode, viewers will learn about:
- How to provide a more engaging onboarding experience instead of just throwing reps into hours of Zoom calls accompanied by pages of documentation.
- The metrics behind onboarding and speed to value of a rep's quota and the effect it has on the business unit.
- What a great onboarding plan looks like and the mindset to instill in a rep during that process.
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