Sales

The students POV on interviews for internships & careers

kirk_wakefield 2021, Analytics, Learn, Recruiting, Research, S3, Sales Management, Sales Training, Sponsorships, Tickets , , , , , , , , , , 0 Comment
The students POV on interviews for internships & careers

After the first round of the Baylor S3 Pro Day of virtual recruiting with 30 interviewers, 54 of the students rated each of the interviewers, selected their favorite two interviewers, and commented on one that didn’t go as well as hoped. After the second round of S3 Pro Days on March 5 (click here for more info), we will distribute information to interviewers (who also get the chance to rate the students on their interviewing skills). The S3 Best Interviewer Awards for S3 Sales and S3 Analytics will be announced for the S3 Awards Banquet on April 14.

These evaluations are much like teaching evaluations. We certainly prefer students enjoy the experience. Admittedly, sometimes learning experiences can cause user discomfort. So, good on you as professor or recruiter if you can do both: Supply enjoyable learning experiences that serve the welfare of all parties for both the short and long term. To that end, we offer 45 comments about what students liked best about interviewers, which thankfully outweigh the 24 comments on areas of improvement. Learn as you will from these.

Student POV

Interviews for Sports Sales & Analytics Internships & Careers

45 Areas of Excellence

1.       Intentionally listened and asked good questions.
2.       Asked very thoughtful questions and really answered my questions well.
3.       Most enthusiastic and didn’t make it feel like there was a power difference between him and me.
4.       Most willing to show me things like what they do in Tableau.
5.       Just fun to talk to.
6.       Really easy going and easy to talk to.
7.       They stood out above the rest for their openness while discussing their roles and the company culture at their respective teams. They came across as completely genuine, giving me their unfiltered opinions on their workplace instead of telling me any kind of pitch.
8.       Made me feel instantly comfortable during both conversations I had.
9.       Super genuine and friendly; They were not intimidating at all and very helpful in explaining their role and answering my questions.
10.   Very easy to talk to and did a great job answering any questions I had. I very much enjoyed talking and felt at ease and was disappointed when our time was up.
11.   Asked unique and challenging questions that kept me on my toes.
12.   Was genuine and kind while also getting down to business without any unnecessary conversation.
13.   Very personable and made a hectic time feel relaxed, calm and helpful. Made the conversation feel mutually beneficial which was great. Super informative and helpful.
14.   We had a really great conversation about just life. We shared a lot of similarities; was informational, and I got to walk through my resume.
15.   Took an interest in me beyond my job qualifications and wanted to get to know me better on a personal level. They made me feel like they wanted to speak with me and told me I could reach out any time in the future.
16.   Asked great questions and directed good conversation! Awesome at engaging and made me feel really comfortable.
17.   I was able to see how well they enjoyed not only working in their field but with each other too.  I also felt relaxed in the interview and it was one of the ones that I actually had fun being interviewed.
18.   They were the two most enthusiastic people I talked to.  I made really good connections with both of them. They also were very interested in making it clear that if I were hired that they would invest in my career to the fullest extent.
19.   Was very specific and had the 30 min interview laid out in sections of what to accomplish. I got to do a mock phone sale and a 45sec pitch.
20.   Genuine and engaging during our talk.
21.   Very open to answer any and all questions and truly share passion for the job and role as a manger. Provided an open and transparent look at goals for those new to the organization and what managers seek to get out of them.
22.   They made the conversations really smooth and easy and showed a genuine interest in me.
23.   Was very open and had great energy. Seemed very invested in our interview and even joked around a little bit. Overall a great interview and I was incredibly impressed with the organization.
24.   They gave great insights on what their companies did and gave in-depth analysis of the field of analytics, especially CRM and BI. Also, they made the effort to personally connect with me.
25.   Asked challenging questions and, in the interview, pushed me to do better. Charismatic and has good leadership.
26.   It felt like they were actually interested in getting to know me.
27.   They had amazing humor and personality and seemed really interested in talking to me! They acknowledge all of what I said and asked follow-up questions accordingly. They made the speed dating a lot of fun because it may have been an interview, but it seemed more like catching up with an old friend!
28.   Seemed very interested throughout our entire call and even asked for a second interview to better our connection in order to be a future reference for myself.
29.   Discussed the many ways they took care of employees during the ongoing pandemic, both with their mental health and with their paychecks. Detailed how the team handles the social issues that have become as prevalent as ever in recent times.
30.   Open, friendly, and honest. Made me feel more comfortable.
31.   Extremely genuine and excited to hear about why I want to get into sports. They asked very good questions and went into detail when answering questions that I asked about their organizations. Both came across as wanting to help me in my journey in any way they could.
32.   Very interested in me and my future goals, very engaging.
33.   Super high energy and gave me an awesome description of time with the team. Super helpful and seemed genuinely interested in my career growth.
34.   Asked questions about my personality and we were able to chat and have a great conversation!
35.   Gave me a whole lot of advice on how I could answer interview questions better. Offered to connect me with other people within the organization, which was awesome.
36.   Truly took the time to know me and understand what I was looking for in a future job opportunity.
37.   Very encouraging.
38.   Let us know that no matter what happens they were here to help us. Even if that means we go for a decision and it does not include their organization. That is admirable.
39.   Took the time to know me knowing that I am only a sophomore yet was intrigued when looking at my LinkedIn profile. So kind and just wanting to help.
40.   Extremely kind, was prepared with knowledge about me, insightful answers to my questions, willing to help, relatable.
41.   Very interested in what I had to say and gave me great advice.
42.   Very kind and helpful.
43.   Gave great advice, flowing conversation, tremendous insight into job and analytics in sports. Willing to help.
44.   Seemed very genuine in wanting to get to know us. Gave me some valuable advice and perspective.
45.   We had a fantastic conversation about the importance of mental health in the workplace (and in general) and the emphasis put on it.

24 Areas of Improvement

1.       Really didn’t have much of an interview experience. It was too casual.
2.       Questions were very vanilla. Couldn’t get a good read off them.
3.       Didn’t really seem like they wanted to be there.
4.       Wasn’t easy to talk to.
5.       I sort of felt like I had to lead the conversation, where with the other recruiters, they were the ones guiding it.
6.       Seemed not to take our 10-minute call seriously. Never made eye contact and was constantly looking around the room. Gave cookie-cutter monologue and nothing more.
7.       Asked very structured concrete questions. I heard from others that they kept people over time and shorted others. Didn’t appear open.
8.       Informational but it was very cold. It wasn’t a natural conversation like the rest of my 10 min talks.
9.       Rapid fire questions, less conversational interview (granted, we only had 10 minutes).
10.   Asked a lot of questions that didn’t pertain to anything important and also not related to S3 or internships.
11.   Did not feel a connection with the organization or interviewer specifically.  Nothing against, is a great person.  I just did not find myself enjoying the interview or the chemistry.
12.   A stand-in for my interview didn’t seem too ecstatic to be there. Seemed very dry.
13.   Not very engaging and didn’t show a lot of emotion.
14.   Had one short interview where I was asked very off-topic and slightly offensive questions.
15.   I was confused on the style of the interview. Seemed harsh.
16.   Seemed very distracted; like the focus was elsewhere from the start. It threw me off a little bit and it felt like we never really got into the interview at all.
17.   Didn’t have a lot of emotion and didn’t seem that interested in talking to me. It felt like more they were just doing this to put a check mark on their calendar.
18.   Felt more like an actual interview and less of a conversation. It was intense, which is fine, but I enjoyed some other conversations more since they were more chilled.
19.   Conversation was not engaging and was not very interested in me or what I was saying.
20.   Didn’t really seem very interested in being at the event. Wasn’t super open about time with organization, which made the interview pretty difficult to stay engaged with.
21.   Not all that open to talking much about the organization and the conversation was hard to get through.
22.   Impersonal and mechanical conversation. Improved in the second round of interviews but felt like they were checking boxes rather than trying to make a connection or be a resource.
23.   Typing the entire time.
24.   It was so awkward; I was given short answers to questions that I asked.

Baylor S3 Welcomes New Director | Kicks-off S3 Zoom Class Reunions

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Baylor S3 welcomes Lane Wakefield as new S3 Director

Welcome to the new S3 Director

S3 Alumni + Business Professionals: Would you like to be involved in S3 this coming school year? Dr. Lane Wakefield invites you to let us know how! Click here.

With co-founder of the S3 program, Dr. Darryl Lehnus, retiring close of Fall 2020, Baylor University’s Hankamer School of Business is bringing in Dr. Lane Wakefield (Baylor MS ’11) as the incoming Director of the Center for Sports Strategy and Sales (S3). Lane followed in his father, Dr. Kirk Wakefield’s footsteps to create a program patterned after S3 at Mercer University after completing his PhD at Texas A&M in 2016. After a national search, Lane was selected as the incoming S3 Director.

At Mercer University (Macon, GA), Lane helped build their Sports Marketing & Analytics program and launched the National Collegiate Sports Sales Championship. He has published research in prestigious marketing journals, including the Journal of Service Research and Journal of Interactive Marketing, as well as upcoming articles in the Journal of Advertising and Journal of Advertising Research. At Mercer, Lane worked closely with the professional sports teams in Atlanta and throughout the Southeast, as well as with companies and agencies, to educate, train and place students.

With two Dr. W’s in the Center for Sports Strategy & Sales in the Marketing Department, Kirk will continue as the Executive Director, while Lane is the Program Director. As Marketing Department faculty members, both report to the Department Chair, Dr. Chris Pullig, and together will continue the innovative efforts initiated by Dr. Lehnus and the senior Dr. Wakefield.  As Lane noted,

“We have always worked well together. Not only through childhood, but even the last few years on research papers. The potential synergy is exciting. It usually takes years to get to know your colleagues, to develop trust and an understanding of each other’s strengths and weaknesses—we’ve got that in spades,” Lane said.

Lane added how it will be an honor to follow the leadership modeled by Dr. Lehnus,

“There should be another version of ESPN’s 30 for 30 documentary ‘Doc and Darryl’ to share what Baylor S3’s Dr.’s Kirk and Darryl accomplished. Most everyone in the sports business world knows and respects S3. A key reason is the Center’s mission to instill integrity. Darryl shared with me how central integrity is to his S3 courses and relationship-building with students. It’s an honor to have the opportunity to build on what he’s done through the Values-Based Leadership course and how the two together established integrity as a hallmark of the program.”

S3 Zoom Class Reunions with Dr. Lehnus

As Professor Lehnus enters his final semester at Baylor this fall, we schedule S3 Class Reunions on Zoom to chat with Dr. Lehnus, each other, and we’ll save a little time to meet the old and new Dr. W’s.

Each meeting will start at 5pm, Thursdays, as follows, with designated class captains helping us get everyone Zoomed in. Click here to register. You’ll need the Eventbrite (free) ticket to access.

  • September 10 | Classes 2006-2007 | Todd Pollock + Brian George
  • September 17 | Classes 2008-2009 | Mike Vogelaar + Lauren Ward
  • September 24 | Classes 2010-2011  | Chase Jolesch + Evin Martinez
  • October 1 | Classes 2012-2013 | Michael Hurley + Sarah Proctor
  • October 8 | Classes 2014-2015 | Austin Avery + Blake Pallansch
  • October 15 | Classes 2016-2017 | Julio Pineda +  Erica Moulder
  • October 22 | Classes 2018-2019 | Ali Harman + Tanner Clark

Other previous or current advisors and friends in the professional ranks are invited to join any of the class meetings.

 

The Sports Strategy & Sales (S3) Program Expands!

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The Sports Strategy & Sales (S3) Program Expands!
S3 in LA circa 2009

When the S3 program launched in 2004 we were—and are—the only academic program in a business school devoted to developing talent aimed specifically at generating revenue in the business of sports. After placing more than 270 professionals in sales and analytics positions we see even greater demand for Baylor S3 graduates. Notable S3 alumni in management and executive positions at scores of professional teams, corporations, and agencies now mentor, train, hire, and advise students right alongside us, as do many outstanding professionals from coast-to-coast.

As we look forward to the next 15 years we must set the stage for success for those who follow. Much has changed in the past 15 years. Think about it. After the first graduating class of S3 majors in 2006, the iPhone was introduced in 2007. This mobile revolution transformed how fans search, buy and go to the game. Augmented and virtual reality are changing how fans engage with our experiences and sponsors. Venues are beginning to use facial recognition as admission.

With the onslaught of data and digital selling, properties and brands recruit and pay for the talent to manage and analyze data to more effectively and efficiently reach fans where they are—which is mostly (online) on their phones, tablets or desktops. The most productive organizations invest heavily in technology capabilities (in-house and/or outsourced) to enable the salesforce to connect and engage with fans in ways we couldn’t even imagine even 10 years ago.

Our position has always been at the forefront leading the way into the future. In keeping with our WINS values, we need more hard-working, integrated, relationship-driven, spirited people to join us.

Missing Talent

The advantage and disadvantage of the S3 major in the Hankamer School of Business has been its exclusivity. The most successful students consciously committed to a career in the business of sports no matter what the costs. That is still the case. As a side note—conscientious commitment to excelling in your craft, to your career, is still the price to be paid for success no matter the business. Companies still buy from people who know where they are going.

At the same time, S3 missed potential sales superstars. Great salespeople love to keep options open. Not wanting to be constrained to sports, they didn’t take the chance to be sold themselves. The Vice President of Sales at the San Antonio Spurs, along with many executives at other teams, often say, “Hey, just let me have a chance to talk to them!”

S3 missed out on problem-solvers keen to manage and analyze data to answer big questions businesses have in a digital-first marketing world. Marketing majors with a double-major with MIS, Accounting or Finance took their talents elsewhere. The Wide World of Sports has been slow to get up to speed. But, like every company today, they now demand more highly skilled analytically-minded graduates to close the gap.

Opening the Doors

S3 majors have always been well-rounded. Salespeople understand analytics and analysts understand sales. All understand the importance of living lives of integrity. Having integrity means having the courage to face the demands of reality. The reality is sales-oriented students thrive in the sales courses. Analytic types want the freedom to build out technical and quantitative skills.

Recognizing these realities, and the realities of marketplace demands and opportunities, the S3 program has moved to open courses to all Marketing majors. Students may choose an emphasis in S3 Sales (MKT 3310 and 4341) or S3 Analytics (MKT 4342 and 4360), plus an internship, for a total of 9 hours. They can still take all S3 courses (15 hours) if they use additional upper-level business electives. All S3 students selecting one of the two areas of emphasis will complete an internship in sales or analytics in the summer after the junior year. Read more here.

Internships

Our stock & trade has always been internships at the highest levels of professional sports, as well as associated brands and agencies. As Colin Faulkner, Senior Vice President of the Chicago Cubs, famously said in our first S3 promotional video, “In sports, to get a job you need experience. But to get experience you need a job.” Internships provide the job that provides the experience that gets you started in your career in sports.

We will continue placing students in internships for those that declare an S3 emphasis and take the sales or the analytics courses in succession during the junior year. Others may take the courses and interview for internships and positions as available, with priority going to declared S3 program students.

Graduates in the 2021 class and beyond may submit their declarations as S3 program members by completing this form.

The S3 Club

S3 Mentors

Further priority for internships and positions is given to those active in the S3 Club. The S3 Club will continue under S3 faculty advisement but will be wholly and completely run by students, supported by an S3 Alumni Advisory Group. The objectives of the club will continue to be to network with sports business executives and to learn more about relevant careers.

The End Goal

With the end in mind, our vision continues to be to instill integrity in the business of sports & entertainment. What’s changed? Nothing, except we want more students to catch the vision, to consider the opportunities, and to join us! We’ve removed every obstacle to keep superstars from exploring business careers in sports. Want to talk some more?

Interested in sports sales? Contact Darryl_Lehnus@Baylor.edu

Interested in sports marketing analytics? Contact Kirk_Wakefield@baylor.edu

How Sales Management in Pro Sports Can Catch Up to Corporate America

kirk_wakefield 2018, About S3, Integrity, S3, Sales Management, Sales Training, The S3 Program, Tickets , , , , , , , , , , , , , 2 Comments

Why do parents, teachers, politicians, managers and salespeople continue bad practices? Four reasons and the ways we express them are:

  1. We do what was done to us and assume it was best practice.
    • “Look at me, I turned out OK didn’t I?”
  2. We lack the depth and breadth of relevant education to recognize bad practices.
    • “See, you can succeed with any background!”
  3. We judge outcomes based on the exception rather than the rule.
    • “Look at her, she started here and is now vice-president!”
  4. We lack the courage to meet the demands of reality.
    • “I know this isn’t working, but I can’t change what I’m doing now.”

Sports sales recruiters often ask applicants, “Why do you want this job?” The wrong answer is, “I just love sports.” The irony is when it comes to pay, work hours and benefits, they literally bank on the applicant’s love for sports to compensate for, well, real compensation.

How Do We Know the Sports Sales Management Model is Broken?

Sales 101

First, consider some basic 101 principles of sales management. These quotes are directly from a leading sales textbook 1

  1. To attract and keep the best talent compensation must be uniform within the company and in line with what competitors’ salespeople receive.
  2. Salespeople who perceive the system as unfair may give up or leave.
  3. A constantly changing system may lead [salespeople] to constantly change their activities but never make any [more] money.
  4. Companies that do not emphasize service or do not anticipate long-term customer relationships typically rely heavily on commission plans.
  5. Salespeople working primarily on commission have little company loyalty and certainly are less willing to perform activities that do not directly lead to sales.

Inside sales reps in sports do not receive compensation in line with what they can get anywhere else. Top salespeople often see the system as unfair (given effort & reward) and leave as soon as a client sees how good they are (and offers multiples of current pay). Teams frequently “play with the lights” changing compensation systems in ways that rarely favor the rep by making the rep more money. The shift toward service-only reps leaves inside sales reps relying heavily upon commission and sacrificing customer welfare and service. As a result, few have loyalty and are certainly unwilling to do non-sales related activities.

Turnover

Second, consider the effects and costs of turnover. Average sales turnover across industries annually hovers around 25%. 2 Typical sports sales practice is to recruit a new class of inside salespeople every 4-6 months, suggesting something closer to the average turnover among car salespeople (~70-75%). 3 Some are promoted (internally or externally), but most leave the industry voluntarily or involuntarily.

Costs of turnover are estimated between $75,000 to $200,000 per salesperson4, taking into account recruiting, training, and lost sales. You can calculate yours here. The NBA estimates third-year reps generate 3.4 times the revenue as first-year reps. Unfortunately, relatively few get to the third year.

If I fail over half of my students each year, you wouldn’t say I’m a good teacher. In our program, we can’t blame the students. We recruited them. The same is true for teams. If annual turnover is anything much more than the non-sports corporate average (25%), at some point we must have the courage to start looking at the system and grasp the reality.

Training

Most sports sales managers are interested in training. The problem is the low proportion of these with any professional training in personnel management, compensation structure, leadership, and other sales management responsibilities. Many make great effort to learn to compensate for the lack of formal training (i.e., business management-related degrees). A few have had professional selling courses. A few have MBAs. Most were selected on the basis of being great salespeople, rather than management skills–which are two quite different things.

Sales students not taking the sports route are often hired by companies like Oracle, IBM and other major corporations who offer starting pay closer to $100,000 than $30,000, even while spending months in training before ever making a sale. We don’t expect teams to be on par with Oracle. But, $10-$20 an hour and first year commissions won’t attract the best talent among graduates who just spent tens or hundreds of thousands of dollars getting an education and accruing student loans.5

A New Model

Sales executives and managers (in sports) routinely bring in motivational sales speakers and hold weekly pep talks. Why? Because the nature of the role and associated benefits of the job aren’t intrinsically motivating on their own merits.

One of our partners, Spurs Sports & Entertainment, decided to do something about it with the support of leadership, including Frank Miceli and Tim Salier. Lindsay Beale, Director of Business Development at SS&E, walks us through the four steps they undertook.

Step 1: Look at the hard truth

We studied our sales work force and realized we were recruiting talent, investing resources into their professional training and development and they were leaving our organizations for other local corporations in sales roles.  We thought we had the hiring and recruiting figured out. We found individuals who really wanted to sell. For years we felt our compensation was competitive to other sports organizations. This helped with recruiting, but when you hire talented salespeople, they have opportunities outside of the sports & entertainment business.

Corporations look for talented salespeople from reputable organizations. They use aggressive recruiters, signing bonuses, high base salaries and competitive compensation packages to attract them.  We realized we couldn’t compete with them–specifically with our representatives with under 3 years of tenure.

We worked with finance and HR to evaluate our current sales structure to establish a plan to address our top concern of retention.  Through our research it was also clear compensation wasn’t the only place sports sales are behind the corporate sales world.  We are currently in the process of addressing sales retention by reviewing three areas: compensation, sales enablement and culture.

Step 2: Create competitive compensation

Teams may think their compensation is competitive with other teams, but that is the wrong comparison point if the goal is to retain talented salespeople. We restructured in four ways.

  1. Supplement commission in the first few years with a higher base salary to provide stability while the sales representatives build their books of business. [Among S3 partners moving in this direction, this ranges from $30,000 up to $42,000 for base pay.]
  2. Restructure commission to reward all sales revenue. We realized our commission structure heavily rewarded products that more tenured representatives were selling but weren’t incentivizing newer representatives.
  3. Provide a strong upside for top sales representatives, with clear rewards and recognition for high achievement.
  4. Hire sales representatives at a full time, full benefits position. No seasonal positions.

Step 3: Give them the tools

We established a Sales Enablement strategy applying digital tools, analytics and strategic processes to allow our sales team to excel in their jobs.

  1. Utilize data and analytics.
    • Lead Scoring
    • Appending data to sales leads to target individuals for specific campaigns
      • Examples: Outer markets for weekend plans or high net worth individuals for premium events.
  2. Invest in technology to improve sales efficiency.
    • Conversica, artificial intelligent sales assistant
    • Zip Whip, texting platform
    • ZoomInfo, business to business prospecting tool
    • Linked-In Sales Navigator
  3. Train and develop adaptive selling skills.
    • SS&EU: Classes are offered during work hours, are hands-on, and cover a variety of topics. They are facilitated live by in-house experts to encourage the cultivation of ideas and relationships across departments. SSEU is supported at the highest level of the organization and every executive teaches a different course.
    • Internal and external sales trainers
    • On the job sales training

Step 4: Create a people first culture. Really.

  • Provide a clear path for internal promotions.
  • Recognize each seller has an individual selling style. Coach, develop and set metrics to fit each representative.
  • Promote work life balance for everyone.
    • Eliminate the following phrases from management vocabulary:
      • Grind.
      • First one in, last one out.
      • Outwork everyone else.
    • Focus on quality of work and their commitment to the sales process, goals and team.
      • Commitment (you want) vs. Compliance (you must)
  • Allow flexible hours that still meet business needs.
  • Increase self-empowerment. Encourage reps to make their own decisions on how to manage time and activities to reach goals rather than micromanage to the numbers.
    • Coach reps to improve each day and strive for stretch goals they set for themselves.

Conclusion

We believe the S3 program can recruit more and better talent to the major the more teams buy into the new model aimed at development and retention. Just because teams can recruit people to fill each sales class with low wages and benefits doesn’t make it the right thing to do–either for the candidate or the team’s welfare. Basic sales management principles show us how we can do better.

Some teams are taking the lead. Since word has gotten out, others have reached out to say they are following suit. Do you want to join them? Are you in?

  1. Selling: Building Partnerships, 2014, Castleberry & Tanner, New York: McGraw-Hill. Quotes straight from the book are in italics. ↩
  2. https://www.ringdna.com/blog/work-to-retain-sales-reps. ↩
  3. https://www.wardsauto.com/dealer/maxdigital-out-stem-74-turnover-rate-among-dealer-salespeople. ↩
  4. Sales Management: Analysis & Decision Making, 2012 Ingram et al., London: Sharpe. ↩
  5. Even if it isn’t a private school (average ~$35k/year), public school still costs at least $10k/year for tuition/fees alone. ↩

Do you have your P’s in order?

kirk_wakefield 2018, Careers, Lead, Learn, Personal Development, Research, S3, Sales Management, Sell , , , , , , , , , , , , , , , , ,
Do you have your P’s in order?
by Kirk Wakefield – January 2018

People. Purpose. Performance. (Pictures.)

S3 2018 Board Meeting

Paul Epstein challenged the room of executives, managers and students to truly put people first. With over a decade of managerial experience in pro sports, most recently as Director of Sales at the San Francisco 49ers, Paul shared how their sales organization was transformed by helping people “find their WHY.” When organizations put people and purpose first, performance takes care of itself.

Tim Salier, Vice President of Franchise Operations at Spurs Sports & Entertainment, shared how the Austin Spurs G-League team faced high sales force turnover and low productivity. Putting people first, the sales structure was flattened, base salaries of account executives increased above $30,000 and career planning began with stretch assignments to strengthen skill sets in other areas. The results? Revenue rose 300% and more sales reps stayed in place after rampant turnover in the years prior.

Putting Your Money Where…

Chase Jolesch, Director of Ticketing & Premium for the Vegas Golden Knights, stated, “If people truly come before purpose and performance, we must act upon it. We can’t say we care and then ask people to work for less just because it’s sports.”  Shawn McGee, Vice President of Sales & Marketing at Homestead Miami Speedway added:

U.S. Compensation Across All Industries

I’ve seen both sides—low base and high commission and higher base with less commission. In the past, I fully subscribed to mitigating risk by paying a lower base and providing a more substantial commission, as well as forcing the salespeople to drive revenue in order to increase compensation.  However, at my current company, we pay a higher base and little commission.  At first I thought it would lead to lazy salespeople and lack of urgency to hit numbers. We actually found it allows us to source better talent who are still driven to reach the goals…and we can retain those sales people.

Research from the NBA suggests sales reps accept positions with a team for the potential career path and that a lack of clear career path is the main reason for leaving. We agree. Millennials, like most of us, want to be a part of something bigger than ourselves. We want to see a future and purpose in what we do.

Some studies report compensation is rarely a reason for entering a sports sales career. That’s because starting salaries are often far below other industries. The table (right) offers pay comparisons to similar positions across all industries (i.e., not sports). If we want the top talent, will we get it by paying under market rates? If we want to maximize revenue, can we do that by offering the minimum?

Those on the brand, data and agency side of sports are largely competitive with the general market. We look forward to those responsible for ticket sales to lead the way in attracting and keeping top talent.

Leadership Style

As leaders it comes down to our own personal purpose, values and approach to managing and leading others. Do we see our relationship with employees as more parent-child (Theory X) or adult-adult (Theory Y)? Which do you think achieves the best results with today’s generation? (Hint: Same as when this first came out in 1960. You have to know your Y.)

People are different. Some more different than others. We think most S3 graduates are ready to perform, but variance exists. Learning new skills requires more direction, but once learned need more support and coaching. Research shows over half of leaders use the same leadership style regardless of situation or person, which translates into not meeting the needs of employees at least half the time.

Situational leadership adjusts to the person-situation. The best leaders know when to delegate, support, coach or direct, based on the employee’s skill development. (See Situational Leadership Model below.) Managers who put people first focus on knowing individuals, what makes them tick (their why) and adapt to meet their needs. Results follow.

Source: KenBanchard.com

The Spurs Sports & Entertainment (SSE) organization puts situational leadership into action. When Allen Schlesinger took an innovative approach to social selling that gave up on cold-calling leads, SSE unleashed Allen to become the leading revenue generator in the NBA’s developmental league (now G-league).

The Cost of Leadership Failure

Replacing a sales rep takes 3-4 months and typically costs at least 150% of the reps’ compensation in lost revenue and added recruiting & training costs. We might have a different view of turnover if we pictured $75,000 walking out the door each time one leaves.

Average turnover in sales across all industries generally hovers around 25% each year. Common thinking is (a) if turnover is over 25%, the problem is management not the employees, and (b) employees leave managers not companies.

Why do employees leave managers? In the sports industry, not unlike others, we promote the best salespeople to become managers. Unfortunately, great sales people make terrible sales managers, as about 1 in 6 suited for sales are good fits for management. We know this is true in sports–the best players are rarely good coaches or managers–so why do we think it works in business?

The Secret of Success

The good news is other ways work. Members of the S3 Advisory Board, like Eric Platte at the Atlanta Hawks, have sales management training programs that identify quality candidates with the right mixture of sales competency and openness to servant leadership to develop into future managers.

The 49ers Sales Academy is a result of a culture shift based on People–Purpose–Performance, in that order. How did they transform the sales force?

First, the focus changed from a “manage up or out” to a retention approach. They asked, “How can we find people who have not only the basics to succeed but whose strengths can shine in the organization for years to come?” The search is for great talents, great people–those who want to do something special.

Second, they took the external sales philosophy of “every seat has a story” for customers and applied it internally to employees. In recruiting, that means taking deep dives into why they are in this business and their values that determine how they do what (sell) they want to do.

Third, once a part of the team, management continues the process of starting with WHY to engage and listen to employees to identify themes to incorporate systems and behaviors to accomplish purposes important to employees. (See diagram, right.) Performance is not the objective, but the result of a people→purpose orientation.

Thanks again to Paul Epstein for bringing these words and illustrations to life–and who now continues his journey to inspire others at the BW Leadership Institute. Are you interested in learning more about the Center for Sports Sponsorship & Sales (S3) at Baylor? Do you identify with the WHY & HOW of what you’ve just read–and want to join us? Visit www.Baylor.edu/Business/S3. Thanks to those who traveled to Waco to experience record-breaking cold. Check out your pics below! Click on one to begin the slide show.

Best Ticket Campaign Ideas

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Best Ticket Campaign Ideas
by Darryl Lehnus – June 2017

Kicking off the S3 StubHub Ticket Campaign Competition

Learning best practices is one of the most valuable elements of the meetings, conventions, and seminars we all attend. To that end, with partnered with StubHub to launch the annual S3 StubHub Ticket Campaign Competition at the 2017 S3 Board Meetings this past January. We’d love to have more great submissions for this year’s (January 16-17, 2018) meetings. Click here to learn more.

Finalists for the 2017 competition were Joe Schiavi, Detroit Pistons; Evans Adonis, Charlotte Hornets; Stephen Gray, Austin Spurs; and Adam Martelli and Chase Kanaly,  Houston Astros.

Shoot for your Seat

Joe Schiavi, Detroit Pistons

The Shoot for your Seat campaign was an interactive initiative to generate leads through invites from sales staff and marketing communications. Held during an off-season time frame (September), prospective clients were invited to the Palace for a fun four hours of activities. The attendees went through a series of station interactions with Piston personalities, introduction to new stadium food, a photo booth, behind the scenes staff-guided tours and the ultimate opportunity to take a shot from half court to win free season tickets. Phone follow-ups to everyone occurred within three days after the event. The results were dynamic as $100,000 in new sales were generated with an ROI of the event at 8-to-1.

Holiday Pack Mini Plans

Evans Adonis, Charlotte Hornets

The Hornets shared a “Holiday Mini-Pack” campaign that offered great flexibility and a nice Christmas present. The target audience was past holiday pack buyers and potential buyers who connected with Hornets via the email sent or linked the Hornets’ website. Leads were distributed to all sales reps with a window of November 7th thru December 30th to close the 5-game mini pack. Buyers could pick any 5 games for their packages (excluding Golden State). To motivate quick closes the first 300 buyers received a Mitchell and Ness Buzz City hoodie as a gift. The hoodie was a good gift for a friend or family member for Christmas. The campaign created an increase in holiday pack buyers averaging 30 packs a week for the duration of the campaign.

The Ballpark Pass

Adam Martelli and Chase Kanaly, Houston Astros

Some of the hardest MLB tickets to sell are the Monday-Thursday games early in the season. The Ballpark Pass focused on the 10 Monday through Thursday games in May. The primary target audience was millennials seeking a social experience. The value package of $49 includes all 10 games with tickets delivered digitally to smartphones with day of game seat assignment. The rationale behind the digital approach and seat location was that millennials place less emphasis on location and more on social experience. Sending tickets digitally is a common experience for this audience. The success of this campaign was to increase the database in this merging demographic and to increase attendance at low demand games without undercutting season ticket sales efforts. The Astros created 967 passes for almost $50K in new revenue and created an overwhelmingly positive digital experience for the target audience.

College & Career Readiness Game

Stephen Gray, Austin Spurs

The Austin Spurs took a single game approach to focus on middle and high school students. The College & Career Readiness event took a low attendance weekday game and converted it into a new revenue generator. They recruited over 40 colleges and companies to have a presence (booths) on the concourse to interact with the students. The game promotions and halftime encouraged healthy study, eating and living habits. Halftime included the Spurs iconic George “Iceman” Gervin challenging students to stay in school, lead a drug-free lifestyle, and to support anti-bullying.  The game sold 2480 group tickets in 2016 and doubled its numbers for 2017. A key to its success is the organizational buy-in at all levels with a complete focus on high school aged demographics and their educational careers.

2017 S3 StubHub Ticket Campaign Winner

Based on a vote of the 65 managers and executives attending the S3 Board Meeting Advisory meeting, the winner was Stephen Gray and the Austin Spurs “College & Career Readiness Game.”  Congratulations to the Austin Spurs and their staff for truly creating such a successful event!

Campaigns at a Glance

Below are the overview slides of each campaign. We look forward to your entry at the 2018 January 16-17 S3 Board Meeting! Click here to register.

An Internship Model for Sports Sales, Marketing, CRM & Analytics

kirk_wakefield 2017, About S3, Careers, CRM, Learn, Personal Development, Relate, S3, Sales Training, Sponsorships, The S3 Program, Tickets , , , , , , , , , , , , , , , ,
An Internship Model for Sports Sales, Marketing, CRM & Analytics
by Kirk Wakefield – January 2017

After arranging & supervising hundreds of sports internships for the last dozen or so years, Dr. Darryl Lehnus and I devised a system that works well for us.

Ideally, partners provide the internship with the same objective of developing and evaluating talent in view of future employment there or elsewhere. Our partners see intern successes as their successes, as it reflects on their abilities to train, motivate, and model excellent performance.

Among others, the Pittsburgh Pirates B.U.C.S Academy and the New York Mets are ahead of the game in organizing internships and recruiting to careers. While many teams and companies provide summer internships, the Houston Texans (sponsorships) and Houston Astros (CRM) provide 9-12 month postgraduate internships specifically for our graduates to gain more in-depth training before launching careers.

Our best-in-class partnerships do five things:

  1. Budget for internships.
  2. Show up every year to interview.
  3. Provide awards or incentives. (Examples: See StubHub & MLBAM.)
  4. Serve as mentors.
  5. Initiate follow-up with interviews to (a) hire or (b) refer for hiring.

Five Not-So-Easy Steps

From a process standpoint, partners follow these five steps. We’ll explain each in turn.

  1. Prepare students for careers.
  2. Determine parameters & responsibilities.
  3. Define, communicate and evaluate on criteria that predict success.
  4. Hold students responsible.
  5. Review insights & follow-through with students.

Prepare students for careers

Ask employers what they want. Continue to ask.

Too many prepare students for sports marketing or sports management jobs. The only problem is no entry level positions exist for “sports marketer” or “sports manager.” Entry level positions do exist in ticket sales, sponsorship sales & service/fulfillment, CRM, and analytics. Design coursework and programs accordingly.

Business schools have courses in professional selling, database management, statistics and predictive modeling, and data visualization (Excel, Tableau, etc.). Take advantage of these courses in planning curriculum requirements. When employers see you take them seriously, they’ll line up for your students.

Determine Parameters & Responsibilities

Once employers agree, we send them a link to an online form to identify the supervisor, time frame (start, finish, hours per week, pay or course credit), and responsibilities. Most likely you’ve already discussed this, but best to not be surprised at the end of the term that the internship didn’t include a vital part of what they needed to experience.

After selecting the type of internship, the employer completes the appropriate section for what the intern will do. Our forms are below.

Define, communicate and evaluate criteria for success

Every year the National Association of Colleges & Employers (NACE) publish a list of attributes most desired of new hires. These could differ among some, but odds are they are the same. With a little adaptation, we use these for midterm and final evaluations by the intern’s direct supervisor.

Responses on the primary criteria (below) are shared with the intern in a meeting with the academic advisor. We also ask about punctuality, attitude, performance, and overall grade from the direct supervisor of the internship at the employer. The entire form may be downloaded here.

Sports Internship Evaluation Criteria

Specific to our own preparation and values, we ask students to be 2nd milers. When asked to do something (walk a mile), go above and beyond expectations (go the second mile). Supervisors rate the intern accordingly (below).

Hold students responsible

Students should perform well in the internship. We expect that.

We also expect them to reflect on what they learn. Keeping a daily or weekly journal is recommended.At the end of the term, students must submit the S3 Internship Report Form (click to download) regarding a weekly log of hours, assignments, volunteering, accomplishments, application of class material, issues (problems or challenges & resolutions), culture, behavioral adaptation, recommendations, and net promoter score rating for the internship.

Review insights & follow-through with students

Meet with each student to get his or her take on the evaluation provided in Step 3. Usually there are no surprises. Employers do a good job of picking up on areas for improvement that you’ve likely noticed in class. So, it’s nice to have someone else see it and say it.

Generally, these are great times to encourage students in careers. On occasion, you can use these to give appropriate kicks in the pants. We’ve seen these have fairly drastic effects on capable students who needed to get with the program. On occasion, you find some who need to find another program. The wide world of sports, perhaps the same as other industries (but we think more so),demands a high level of commitment. We help students by holding them to a high standard.

Conclusion

Providing good internship experiences takes effort on the part of the academic advisor, student, and employer. But, working together, internships are the foundation for successful careers. No class, book or assignment can substitute for on-the-job reality training.

The very best part of what we do is to see students succeed in their careers.

Feel free to borrow, steal, or adapt any or all of the attached materials! If you’ve found other things that work well, please let us know!

How Academic & Professional Partnerships Work: Baylor S3 Pro Day

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How Academic & Professional Partnerships Work: Baylor S3 Pro Day
by Kirk Wakefield – November 2016

If we, will you?

In 2003, the Baylor Sports Sponsorship & Sales (S3) program began the day we walked into the San Antonio Spurs offices and asked Russ Bookbinder, “If we did this, would you help?”

Darryl Lehnus and I then set out to every other team in Texas asking the same question, getting feedback, making adjustments and gaining support to launch the program in 2004 with the first graduating class in 2006. Students will get a kick out of watching the original S3 promo video. The keys, then and now, to make academic and professional partnerships work are simple:

Steps to Build Partnerships Ask/Offer
Identify the unique need. What is your biggest need?
Identify competition. How is this need addressed now?
Ask for commitment. If we, will you?
Ask for referrals. Who else might be interested?
Develop relationships. How can we improve?

We keep asking these questions to maintain position and relevance. In the beginning, and in adding the CRM & Analytics track (2011) to the major, we did not accept more students than industry commitments to help with placement.

Today, with over 210 S3 Alumni, many reaching management and executive levels, our vision is the same: to instill integrity in the business of sports & entertainment. Integrity starts with delivering on what we promise to students and employers. And listening. And learning. A lot.

Listen. Learn. Launch.

Board members began asking for more recruits. Board members moved to new teams, which usually means adding another team to the board. We saw the opportunity to grow, but at the same time maintain Baylor’s goal to keep classes under 20 students. So, in the past three years, the number of qualified students admitted to the S3 major doubled from the original 19 to 38 as we increased the number of sections for each class. We launch a new Sports Sales Management course Spring 2017, with board member Bill Glenn, leading the class. More changes are in the works for the CRM & Analytics graduate program, as we launch a global partnership in the United Kingdom.

For the first 12 years (2004-2016), recruitment was combined with the S3 Board Meeting. The S3 Pro Day was launched based on feedback from board members Alan Aldwell (Pittsburgh Pirates) and Rob Erwin (Dallas Mavericks), among others. After asking others for input, with the support of Patrick Ryan & Eventellect, we launched the first ever S3 event dedicated entirely to recruitment. We moved the S3 Board Meeting to a different date (January 17-18, click here for more information), focused on best practices and developing mentor relationships for career-long impact. We will keep listening and learning.

In the process, we also developed an interview scorecard to help both students and recruiters focus on the values and skills important to us. Feel free to edit and adjust for your own use in developing or recruiting talent. Click here to review and download.

Eventellect S3 Pro Day in Pictures

Thanks to the recruiters from the teams, companies, and leagues that participated in the Eventellect S3 Pro Day!

pro-day-attendees

Here are the S3 Senior Pro Days in pictures.

Night at Vitek’s

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Ticket Sales Interviews

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 Partnerships and CRM & Analytics Interviews

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Illustrated CRM: How CRM Process Helps the Sales Process

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Illustrated CRM: How CRM Process Helps the Sales Process
by Alex Karp – September 2015

Three things will make CRM a great tool for your organization:

  1. consistency,
  2. ease of use, and
  3. documentation of activity.

All of these are essential, particularly the last one, if management is going to be able to use CRM effectively. I wanted to share some best practices that I have gathered from my short time in the industry and how those best practices can contribute to the overall growth of your organization.

Focus on the learner: Keep training time short

Let’s consider the documentation of activity.  A wise previous boss of mine once said, “If it’s not saved in CRM, it didn’t happen.” Documenting every activity is the goal every CRM staff member and sales manager strives to meet. It’s not easy.

Whenever sitting down with a new group of sales reps, the first training session should focus on one thing: How to document/save a phone call. Reps do this task a hundred times a day or more. The process of saving a phone call is tied to many other reporting aspects of CRM.  Drill them on this until you know they are doing it right every time. The many other features of CRM (e.g., advanced finds) can be covered later. Making sure reps know how to save a phone call is the first step to helping them succeed.

Another way to focus on the learner is to have training sessions grouped by department. Group Sales and Season Ticket Sales use CRM differently. Training by departments provides relevant content and keeps everyone engaged. Otherwise, people tune out when the training isn’t relevant–and it’s hard to get them engaged again.

Fewer clicks leads to more calls

At Fan Interactive, I get to work on multiple client CRM redesign projects. A project goal is to make CRM a little more user friendly and reduce necessary clicks. As you can see in Panel A , reps have the ability to add an activity and notes directly from the opportunity. This is a bit different than the out of the box version of CRM, where more clicks are required to add an activity to an opportunity. Reps can enter information, save and close the opportunity and move onto the next one. This process also stores the last activity data and counts the activity as being completed, as in Panel B. Reps are then able to search using fields from this opportunity such as ‘last activity date’ and ‘number of activities’ within the opportunity.

Reporting

Now that the reps can easily and document a phone call in a consistent way, what’s next? A daily activity tracker (see Panel C) is a good start. This helps re-enforce the importance of saving a phone call to reps since they will see their results and know where they stand compared to the rest of the group.

With software such as Tableau, which combines the layout of Excel with the power of SQL, you can create scoring models based on rep activity. After tracking activities, the next step is to track the revenue associated with those activities. The campaign report below shows revenue generated in a rollup version as well as a more detailed version.

crm3

These reports were made possible by the re-design (ease of use) and consistent documentation. With a more user-friendly version of CRM, it’s easier for everyone to use CRM the same way, which leads to more accurate reporting.

Conclusion

CRM is a powerful and essential tool for sales and marketing. For it to succeed, sales reps need to enter data in a consistent and thorough manner.  Documenting phone calls in CRM is a process sales reps will repeat thousands of times throughout their sales careers. By making the process easier, both through training and redesign, CRM can help you generate reports and analytics that will allow you to make effective business decisions.

You Got the Job in Sports; Now What?

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You Got the Job in Sports; Now What?
by Justin Pipes – July 2015

You graduated from college. Networked with all the right people. Beat out thousands of other candidates. You landed a job in sports!

Now what?

With all of the articles out there about what to do to get a job in sports, I thought it would be helpful to share some of the things I have learned in my first year of working in sports full-time.

Out of college, but not out of class

[dropshadowbox align=”right” effect=”lifted-both” width=”250px” height=”” background_color=”#ffffff” border_width=”1″ border_color=”#dddddd” ]harry truman“Not all readers are leaders, but all leaders are readers.”~Harry Truman[/dropshadowbox]College is just the beginning of the true learning journey. You’re still in class, being evaluated compared to your peers. You just may not realize it. If you are content with just being in sports, no need to read any further. But, if you are interested in management and eventual executive leadership, learning will help separate yourself from your peers. Typical resources (SBJ or IEG’s Sponsorship.com) help you stay up-to-date on sportsbiz news. Pick up the local business journal. Read a leadership or sales philosophy book. Learning about the local community and improving your sales and leadership skills will separate you from the rest of the class.

Group projects aren’t over

Whether on an inside sales team, interning in corporate partnerships or working in another department at a sports property, collaboration and working together are critical. Remember those peer evaluations? They’re even more important here, because if you play well with others, you get to stay in the game. But, if not, you may be looking for another team soon. I interact with other departments to get partner activation plans executed. Our plans for new initiatives will affect multiple departments.  As a student-fan, I had no idea how much teamwork went into executing partnership plans, but suffice it to say you must be able to perform effectively in a team.

Dress for success

dwddRemember all of those times you dressed up for career fairs or special speakers in class? You wanted to make a great first impression. You wanted to communicate your professional approach to whatever opportunity might become available. If you came in t-shirt and shorts, trust me, they noticed. That’s a tough first take to overcome. Professional dress is still important. You want to impress upon new co-workers, supervisors, clients, and prospects that you mean business. Studies from the Harvard Business Review show that dressing well is associated with success. They advise you don’t have to buy the most expensive clothes, but that a switch from Dwight Schrute (The Office – my favorite TV show ever) to Don Draper (Mad Men) might be in order.

Be willing to ask for advice

We can’t make it in this business without some help from others who have been there and done that. With only a year under my belt, I found it fitting to ask some other industry professionals what newly minted sports business professionals should do to be successful.

Go the extra mile!

Eric Sudol, Vice President, Corporate Partnership Sales & Marketing with the Dallas Cowboys, offers this great advice:

“One of the most important keys to success for a recent college graduate in the sports industry (and arguably any industry) is to be willing to do anything.  This means not being above any job to garner a foot in the door, going the extra mile to assist wherever, and maintaining an exceptional and humble attitude.”

Don’t be afraid to ask questions!

wesWesley Streitenberger, Manager, Affinity Sales at FC Dallas, shares that to learn you have to ask questions:

“The two things I think that can really help a recent college grad in any industry would be (1) Not being afraid to ask questions and (2) Realizing that the best way to learn is from experience.  The more you do and the more you ask, then the more knowledge and experience you gain, and will continue to!”

What about you?

We haven’t covered everything you need to do after you get the job, for sure. We’d love to hear more from you. What advice would you give to someone that just got a job in the business of sports?