Motivating Your Millennial Sales Force by Furniture World Magazine

 
 
 
 

Poll

 
   

 

 
Motivating Your Millennial Sales Force
Tuesday, November 17, 2009
By: Furniture World Magazine  Print Page | Send This Article By E-mail

 

Browse all articles

See most recent Article by Category

 

Latest Furniture Industry News

Furniture World News
Weekly Furniture Message From Margo - Hey, You Do Business Like a Girl! - Part 2
Do business like a girl and "kick butt" in furniture sales! - PART 2.
Culp Announces Results for First Quarter
Net sales were $55.9 million, a 23 percent increase compared with the first quarter of fiscal 2010, with mattress fabrics segment sales up 18 percent and upholstery fabric segment sales up 30 percent over the same period a year ago.
Easy Furniture Web Tip #86 - Make a boomer’s day. Choose larger font sizes
Be different from other websites and use larger font sizes. Your readers will stick with your web pages longer.
Furniture First Adopts FurnitureCore.com as its Source for Business Intelligence
Furniture First members can access ongoing measures of their Market Share at a product category level, plus get details such as demographic profiles of households, shoppers, and purchasers, will allow each retailer to identify areas of opportunity.
Furniture First Finalizes Plans to Hold Annual Symposium in Greensboro, NC
Two days of Pre-Market shopping will immediately follow the Symposium on Monday, September 14 and Tuesday, September 15, 2010.
Revco International Announces +10YR Anniversary Celebration
Revco International recently announced plans for their +10 YR. Anniversary Celebration to take place during the October 2010 High Point Furniture Market.
Cargill’s BiOH Polyols Opens Voting For Eco-Fiendly Furniture Design Competition
The competition is sponsored by Cargill’s BiOH® polyols business—makers of the soy-based ingredient which replaces a percentage of petroleum in foam used for upholstered furniture cushioning.
Monthly Survey Of Furniture Business From Smith Leonard Accountants & Consultants
We are still selling furniture with some mproved results in spite of all the bad news. That’s not all bad.
Capel Rugs Announces Partnership with Designer Kevin O'Brien
The line will feature O'Brien's original designs to debut at the October High Point Market.
AHFA Announces Craftmaster Efec Registration
EFEC or Enhancing Furnitures Environmental Culture is a voluntary program created for the residential furniture industry by the American Home Furnishings Alliance.
Weekly Furniture Message From Margo - Hey, You Do Business Like a Girl!
Do business like a girl and "kick butt" in furniture sales! - PART 1.
The End For Your T-12 Fluorescents?
Owners and managers of furniture stores that still have T12 lamps and magnetic ballasts have several alternatives to maintain their T12 Lighting systems.
imm cologne Pure Village Display To Present Emerging Design Trends
imm cologne will again present its Pure Village display at the January imm cologne show.Pure Village will include well-known design brands from the furniture, textiles, lighting and bathroom sectors presented as creative interior concepts.
Record Number of Buyers and Exhibitors Register For High Point Pre-Market
Buyer registration for Fall Pre-Market 2010 is at its highest point in its four-year history, with 201 leading buyers from 80 companies signed up for the event, Sept. 13-14.
Sterling Industries Moves to IHFC For Fall High Point Market
Sterling has relocated to the fashion-forward, design-oriented section of Hamilton Wing.
Nationwide Marketing Group Adds New Members
Growth in membership has increased their total sales volume by over $200 million.
Chicago Casual Market To Host "Inspired Exteriors Day" Seminars
Educational programming will focus on exterior design and business practices for design professionals.
Recent PrimeTime! Has Largest Furniture Display In Show's History
Independent dealers from across the country attended the buying show and conference looking for the best deals in furniture, appliances and electronics.
New Home Sales Tank, But Luxury Home Sales Expected to Rise Through 2011
Unity Marketing's latest affluent consumer survey predicts rebound in new home sales.
Buyer From Morris Home Furnishings Wins Apple iPad
Surya announces that Bona Griffieth, Accessory Buyer for Morris Home Furnishings of Dayton, Ohio is the winner of a new Apple iPad.
Browse All Industry News
 

By Dr. Joanne G. Sujansky and Dr. Jan Ferri-Reed

When Marketing Manager Reed Kaufmann’s company added an exciting new promotional line he saw a big opportunity to grow his sales. What he didn’t count on, however, was the conflict that arose between his veteran sales staff and the younger sales reps he recruited to help sell the new line.

The new line was radically different, colorful and edgy. Reed realized that he needed youthful sales people who could sell the new products to a different target demographic.

However, after recruiting and training a group of recent college graduates, Reed’s plans soon fell apart. He hoped to integrate the new employees into his existing sales team, which was populated mostly by Baby Boomers and members of Generation X, but instead of friendly teamwork, resentment and frustration quickly surfaced. Reed was faced with an unexpected and maddening set of conflicts and confusion.

His younger employees genuinely understood what was cool about the new products, but they had no clue how to sell them. At the same time his experienced sales staff were almost totally skeptical of the new products, which they didn’t really “get” or have any real interest in selling.

How could Reed build a multi-generational sales force to promote these exciting new products and grow the business? 

In today’s environment traditional sales training and management techniques may not work as they did in the past. With Millennials now entering the workforce, today’s sales teams may well be a volatile mixture of four different generations. But members from the Mature generation (born between 1909 and 1945), the Baby Boomer generation (1946 to 1964) and Generation X (1965 to 1979) have all had time to adjust to each other in the workplace. It’s the newest generation – Millennials who were born between 1980 to 1999 – who are now shaking things up.

Millennials possess a unique set of skills and a different work ethic than previous generations and they will have a profound impact over the next five years. By 2014 there will be more than 58 million Millennials employed in U.S. organizations alone.

Along the way, however, Millennials are getting what many say is a “bad rap.” There’s a perception that the younger generation has unrealistic expectations and possesses a poor work ethic. In reality, nothing could be further from the truth. It’s just that Millennials bring a different perspective to the workplace and a fresh way of looking at things.

Generation Y, as they are also called, is generally well educated and technologically savvy. They embrace diversity and have a strong preference for collaboration over competition. They are pragmatic, individualistic and optimistic. Millennials expect to be successful and they fully expect the support necessary to reach their goals. In short, they are likely to become energetic and successful members of your sales team, given that you adjust your traditional sales management strategies to take advantage of their preferences and strengths.

Following are four tips to help sales managers adapt to the unique needs and perspectives of their Millennial salespeople:

    Setting Goals – Millennials are extremely goal oriented, but their individual targets must be connected to the organization’s goals. They want to know not only how the goals will affect their compensation but also how they contribute to the overall bottom line. When they see they have a long-term stake in accomplishing their goals, your Millennials will be highly focused.

    Team Challenges – Millennials have been raised to value collaboration over competition. When sales managers create competing goals (such as pitting sales team members against other teams or against each other) it may frustrate Millennials. Try setting some goals with rewards for everyone in addition to individual rewards.

    Incentive Programs – It’s not uncommon for sales managers to create sales contests with tangible rewards for the winners, such as trips or gadgets. But offering an iPod as a prize may fall flat if you find out that 80 percent of your younger salespeople already own one. Rather than trying to guess which gadgets or prizes Millennial salespeople find appealing, offer them the chance to select from a number of interesting and creative prize options (such as gift certificates to local restaurants, gift cards to Best Buy or Target, free or discounted company products, tickets to a sports or recreation events, etc).

    Fun Atmosphere – Millennials like to work hard and play hard. A fun, energetic atmosphere is the best way to keep Millennial employees engaged. Look for ways to create social opportunities as rewards for meeting significant milestones. Ice cream socials, paint ball excursions, Nerf fights and similar events can help keep morale high and actually build greater employee performance.

   As you begin to recruit and integrate Millennials into your work team don’t be afraid to “change up” how you orient and train new hires. Too often in the past the members of preceding generations were thrown into a new job without much guidance. This “sink or swim” approach won’t work for Millennials, who have experienced extremely attentive teaching and parenting styles as they grew up. Given a fair chance they’ll make strong contributions to your organization and may lead the way to a more collaborative, efficient and energetic environment.


ABOUT THE AUTHORS

Dr. Joanne G. Sujansky, CSP (Certified Speaking Professional), has more than 25 years of experience helping to create cool workplaces that attract, retain and get the most from their multi-generational talent. As founder of KEYGroup, she and Dr. Jan Ferri-Reed, KEYGroup president, provide businesses with insightful information to create engaged, productive and profitable organizations. Together, they’re co-authors of the best-selling book, “Keeping the Millennials: Why Companies Are Losing Billions in Turnover to This Generation and What to Do About It.” To hire them, visit: www.KEYGroupConsulting.com or call 724-942-7900. 
 

Copyright 2010 Towse Publishing Company. All Rights Reserved

website designed by RTO Online