Freedom2Act Sales Optimization Management

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    Notes on slide 1

    Freedom2Act ApS Snekkevej 10 DK-4040 Jyllinge Denmark www.freedom2act.com Tel: +45 4673 0799 Mob: +45 4018 1799 e-mail: finn@ritslev.dk

    What would the impact be on revenue and profitability if you simply lowered the "lead waste" rate from 70% to just 59%? An 11% reduction in dropped/lost leads, combined with a 1% improvement in lead-to-order conversion rate, increases annual gross profit by 136%.

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    Freedom2Act Sales Optimization Management - Presentation Transcript

    1. Finn Ritslev CEO [email_address] Freedom2Act Sales Optimization Management™ Increase sales success by systematic sales opportunity qualification and managing the sales pipeline targeted the most valuable opportunities
    2. Questions Critical to Sales Management
      • What’s in the pipeline and how does it progress?
      • Which customers are attractive and who are not?
        • Consider Cost-to-Serve versus Profit Margin!
        • Consider Total-Contract-Value versus Total Score!
      • Which customers are in our top 20%?
        • On Total Score?
        • On Total Contract Value?
        • On ability to win?
      • At which customers are we in a defensive position?
        • Risk of loosing sales to competition!
      • At which customers are we in an offensive position?
        • We can win a larger ”share of the pie”!
      • Who are the most potential customers for cross sales?
      • Where do we need to focus at which customers?
      Freedom2Act Sales Optimization Management™ gives immediate answers!
    3. Freedom2Act Sales Opportunity Chart …How to select the best sales opportunities Each circle represents a sales opportunity - size corresponds to Total Contract Value – color to the Account Manager © Copyright Freedom2Act ApS 2008-2009 14-12-2009 Freedom2Act Sales Opportunity Chart for "sales management" Each circle represents a sales opportunity - the size corresponds to Total Contract Value – the color to the Account Manager 0 Sales Opportunity Score 100 0 Ability to Win 25 Client #11 Client #13 Client #19 Client #08 Client #04 Client #03 Client #12 Client #06 Client #05 Client #09 MDKK 2.5 Await Focus Prioritize Prioritize
    4. … but what’s the Potential Each circle represents a sales opportunity The colored pie corresponds to Total Contract Value - the white slice to purchases from competitors - color to the Account Manager Freedom2Act Client #11 Client #13 Client #19 Client #08 Client #04 Client #03 Client #12 Client #06 Client #05 Client #09 MDKK 2.5 0 Sales Opportunity Score 100 0 Evne at vinde 25
    5. Benefits
      • Better customers
        • Optimized selection of the best sales opportunities
        • Systematic
        • Objective criteria
      • Increased efficiency of sales resources
        • Better planning
        • Quick identification of how to prioritize
          • Harvest low hanging fruits
          • Hatch out unproductive accounts
        • Quick identification of further action
          • Which efforts are required on which sales opportunity
      • Improved sales rep management
      • Short learning curve
      • Flexible
        • Available from any online PC worldwide
        • Answer only relevant questions
        • Customize to individual organizational needs
    6. Testimonials
      • “ Easy to use – immediate results”
      • “ Improved qualification based upon objective criteria”
      • “ Easy identification of attractive opportunities”
      • “ Clear identification of the low hanging fruits”
      • “ Focus on where and which efforts are required”
      • “ Quick hatching out in leads that do not really lead to anything”
      • “ The tool gave me a clear indication of which direction to take in a difficult customer situation”
      • “ A relevant product for any account manager. It gives an immediate and comprehensive overview of  customers after answering only few but relevant sales qualification questions”
    7. Selected References http://www.ritslev.dk/realbiz/RealBiz%20interview%20GAC%20Ltd%20GAC_II.wmv http://www.ritslev.dk/realbiz/RealBiz%20interview%20GAC%20Ltd.avi
    8. Freedom2Act Sales Optimization Management™ Systematic qualification of the best sales opportunities Focus on sales planning and driving progress Immediate results!
    9. Facts on Sale
      • Sales is a number game
      • CSO Insights: “ More than half of all companies need improvement in a critical skill: the ability to identify and invest their time in the right accounts. Sales teams who are exceptional at targeting and prioritizing win 10% more often than those that don't focus on high potential accounts!”
      • BtoB Magazine, April 2003 “An 11% reduction in dropped/lost leads, combined with a 1% improvement in lead-to-order conversion rate, increased annual gross profit by 136%.”
      • Thus, the better qualified the leads, the better the result!
    10. Pipeline Management Follow-Up Negotiating Evaluating Preparing Proposal First Meetings Prospect Qualified Accumulated Contract Values
    11. Pipeline Management
    12. Pareto’s Law on Sales
      • Sales leads
        • 20% of the sales leads results in good projects/customers/relations
        • 80% of the sales leads never result in much, but meetings are great!
      • Customers
        • 20% of the customers creates 80% of the result
        • 80% of the customers create little value relative to the effort required
      Customers Value
    13. Characteristics of a Good Customer/Sales Lead
      • The customer’s behavior is in our favor
      • Good strategic fit
      • Attractive business potential
      • High ability to win
      7 8 7 9
    14. Look at Factors Important to Your Organization
      • Customer’s behavior
        • Ability to pay
        • Payment terms
        • Contractual terms
        • Co-operation
      • Strategic Match
        • In the target group
        • Extent of demand
        • Fit with customer need
        • Risk
      • Business Potential
        • Total contract value
        • Budget
        • Bottom line
        • Growth rate
      • Ability to Win
        • Relationship
        • Loyalty
        • Competition
        • Sales funnel
    15. Macro Level Planning ... Qualify customers and business areas
    16. Macro Level Planning …The Freedom2Act TCV/Total-Score Sales Quadrants Sales Opportunity Score High-Low Low-Low High-High Low-High Total Contract Value
    17. Macro to Micro Level Planning …Defensive and Offensive Accounts
    18. Freedom2Act Sales Opportunity Chart …Where to defend and where to attack? Each circle represents a sales opportunity - size corresponds to Total Contract Value – color to the Account Manager Client #11 Client #13 Client #19 Client #08 Client #04 Client #03 Client #12 Client #06 Client #05 Client #09 MDKK 2.5 DEFENSIVE OFFENSIVE 0 Sales Opportunity Score 100 0 Our Share of the Pie 25
    19. Macro Level Planning …Good, fair and poor customers © Copyright Freedom2Act ApS 2008-2009 14-12-2009 Freedom2Act Cost to Serve versus Profit Margin Chart Each circle represents a sales opportunity - the size corresponds to Total Contract Value – the color to the Account Manager Client #11 Client #13 Client #19 Client #08 Client #04 Client #03 Client #12 Client #06 Client #05 Client #09 MDKK 2.5 0 Cost to Serve 25 0 Value 25 Poor Good Fair Fair
    20. Micro Level Planning … Input to detailed account planning
    21. Easy Customization
      • Overview by business area or customer
      • Select questions to ask
      • Personalize questions
      • Provision for own questions
      • Filter by account manager
    22. Pricing and Availability
      • On demand licensing
        • Software a variable expense
        • Not tied to a particular device
        • Easy to scale up and down
        • Pay for only the functionality used
      • No installation and maintenance hassles
        • Immediate access to the latest functionality
        • No dependency on in-house IT staff
      • Data globally accessible
        • Not tied to a specific device
        • To all users of the same account
    23. Freedom2Act Sales Optimization Management™ Pricing
      • Basic license fee
        • € 118 (DKK 880) /month/account
        • One person
        • One language (DK, NL, SE or US)
      • Sales rep (limited access)
        • € 38 (DKK 285) /month/sales rep
      • Pipeline Management
        • € 18 (DKK 135) /month/user
      • Additional languages
        • € 198 (DKK 1.475) /month/language
      • Startup/Training/Support
        • € 1.950 (DKK 12.500 ) /day
    24. Action Plan
      • Use the Freedom2Act Sales Optimization Management ™ charts and lists as an inspiration to make a winning sales plan.
      Systems can ease the use of a systematic approach, simplify and guide, but ultimatetely you decide! … plans are worth little if you do not follow up! ... systems are no better their input, so verify your input!
    25. The Company
    26. The Company Behind Freedom2Act
      • Freedom2Act ApS
        • Founded 2001
        • Sales planning and optimization
        • Strategy Reviews
        • Blue Ocean Strategy innovation
        • Strategy & Risk Assessment
        • Risk Mitigation
      • Jørgen Johansen
        • M.ScEE, DTU
        • Experience: Development, sales, sales manager, CEO, management consultant, business development, board member
      • Finn Ritslev
        • Founder
        • M.ScEE, DTU & PED, IMD
        • Experience: Development, system engineering, project management, marketing and sales, business development, strategic planning, management consultant
      Freedom2Act ApS Snekkevej 10 DK-4040 Jyllinge Danmark tel: +45 4673 0799 e-mail: [email_address] www.freedom2act.com

    + Freedom2Act ApSFreedom2Act ApS, 7 months ago

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