I have been
growth hacking globally for over ten years, and I know that it
requires a holistic approach to the marketing, sales and business
practices of a company.
I’m always looking for new insights, so I am pleased when I encounter professionals like Tomi Toikka, a sales director from Finland.
My recent interview of him began with a single challenging question: Are Finnish companies with international targets often afraid of investing on sales?
-- Christian Dillstrom
I’m always looking for new insights, so I am pleased when I encounter professionals like Tomi Toikka, a sales director from Finland.
My recent interview of him began with a single challenging question: Are Finnish companies with international targets often afraid of investing on sales?
-- Christian Dillstrom
Tomi, you have
told me that the Finnish companies with international targets are
often afraid of investing on sales.
Could you
please tell me more about it?
Lately I've had
discussions with employees who are working for Finnish companies
which are exporting their offering services and/or products to
international customers.
Many of them are suffering from the lack of sales resources just because the company is not willing to take any economical risks by hiring professional salesmen and sales directors to ramp up their sales.
Many of them are suffering from the lack of sales resources just because the company is not willing to take any economical risks by hiring professional salesmen and sales directors to ramp up their sales.
OK, how do
they handle their sales process then?
Well, someone is
trying to handle the sales along his/her other duties which will
prevent them to ramp up their sales and increase their turnover.
In
my opinion that's the bottleneck of their businesses.
Should they hire
professional salesmen ja sales directories, they'd get their
investments back very easily.
Could you
please tell me about the benefits of investing on professional
salesmen and sales directors?
A professional
salesman/sales director can concentrate solely to increase his/her
network, taking care of feeds on social media, new customer
acquisition, finding new business possibilities, taking care of
already existing customers and negotiating possible frame agreements
which will bring continuence to the business and increase volumes &
turnover of the company.
What's your
opinion about the freedom sales department should have in their
everyday's work?
The sales
department should have independence to do their work without being
constantly controlled by the management.
As
long the sales department is delivering and
won't
throw any money in the wind, they're doing fine.
What do you
think about requirements listed in usual job-ads such as business
branch spesific experience and knowledge?
I don't care if
the salesmen are not the experts of their business segment when
they're starting. I'd rather prefer that their motivation is up to
par, they possess the knowledge of international business, they're
hungry for sales and willing to learn new things very quickly.
Could you
please tell me more about it?
Those Finnish
export companies are usually from various business segments, for
example IT, mechanical industry, healthcare and so on.
In
my opinion it's not so important to know all tidbits of a certain
business
segment because they can be learned during one's career.
What would you
consider to be the most valuable assets then?The most
important is to know how to handle everyday's international business
life, be familiar with different kind of working cultures and how to
take advantage of that knowledge.
How would you
keep skillful sales experts motivated and in the company?
That's a very
good question. Good modern management without any micromanagement,
fair compensation with attractive incentive policy which will
encourage salesmen to surpass themselves over and over again without
any direct competition between them.
Why do you
consider internal competition to be such a bad thing?
Should there be
any direct competition between salesmen, that will jeopardize their
team work and co-operation with each other which is needed every once
in a while.
What if the
incentive policy seems to be too generous after a while?
Even though the
incentive policy should be attractive, one should be really careful
when creating such a policy.
If the sales will
ramp up very rapidly, a company might consider cutting off some of
the incentives of salesmen by adjusting the sales targets which will
probably lead skillful salesmen to leave the company.
And you don't
want that to happen, do you?
No, skillful
salesmen are one of the most valuable assests of the company so no
one wants that to happen, right?
So
take your time when you're creating an attractive incentive policy.
Could you
please summarize what we've been discussing here?
So Finnish
companies with international targets, remember these things:
- invest boldly on sales. That'll pay off after a while
- let sales department take care of sales quite freely as long as they'll bring in the money and increase the turnover
- when recruiting sales people, don't pay attention to their business segment specific knowledge. Pay attention they have a right kind of attitude, knowledge of international business and different working cultures. Business segment specific knowledge can be taught and learned.
- keep sales people movivated with good modern management, fair compensation and attractive incentive policy.
Good luck
with your future sales endeavours!
---
About Tomi Toikka:
Tomi is an
experienced sales professional who has worked as a Sales
Director/Manager & Key Account Manager in international &
national business.
During the
last 20 years Tomi has worked for Finnish, Swiss, Danish and Latvian
companies and gathered knowledge about international sales,
organization and business development.
He has
demonstrated skills in developing and executing policies and
procedures that increase revenues.