In this presentation brought to you by Landslide Technologies, sales strategist Dave Kurlan outlines steps that your sales force needs to take to survive and thrive in the recession. Is your sales team prepared?
Staged, Visual, Criteria Based Prospect Suspect Qualified Closable
GOAL - $100,000 MONTHLY SALE CYCLE – 6 MONTHS CLOSING PCT. - 20% AVG SALE $25,000 How much in opportunities needed to close $100K? $500,000 How many opportunities are needed to close $100K? 20 When must those opportunities enter the pipeline? August
INCREMENTAL IMPROVEMENT OF 10% = 33% GAIN BEFORE +10% OPPS 20 22 AVG SALE $25K $27,500 PIPELINE VALUE $500K $605K CLOSING 20% 22% MO.YIELD $100K $133K ANNUAL $1.2 M $1.6 M
Map the Sales Process Suspect Prospect Qualified Scored ABC’s 7 Steps, the Baseline Selling Steps and the Criteria for Reaching Them. 1. Target an Account 2. Meet with Decision Maker 7. Convert Account 6. Closing 5. Successful Evaluation 4. Evaluate Products 3. Qualify Account They Need It Differentiated ABC’s Quantified Problem Compelling Reasons to Buy They’ll Spend More Have Timeline for Decision Know Process for Decision Needs and Cost Appropriate Presentation
Identify Measurables that Drive the Results Sales Management Systems & Processes
Sales & Sales Management Development <ul><li>Develop the Sales Management Team </li></ul><ul><li>Train Salespeople on Sales Process </li></ul><ul><li>Train Salespeople on Sales Skills </li></ul><ul><li>Overcome Weaknesses </li></ul><ul><li>Evaluate the Sales Force </li></ul>