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Milestone Selling: Sales forecasting

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You can't manage salespeople retroactively. Milestone Selling visualizes in real time if your salespeople are generating the short-term progress through the sales process that is needed to reach your budget long-term.
Free 300p E-book at www.leadyourleads.com

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Milestone Selling: Sales forecasting

  1. 1. milestoneselling.com 1 How do you forecast?
  2. 2. milestoneselling.com Typical forecasting report 2 Account Solution Amount Exp. Closing Probability The agency Model A $ 10,000 August 70% Production firm Model A $ 25,000 March 80% Lumber trade Model B $ 18,000 September 90% Blacksmith Model B $ 17,000 May 70% IT consultancy Model C $ 50,000 December 95% Creative agency Model A $ 15,000 November 40% Architectural firm Model B $ 20,000 January 60% Trading company Model A $ 25,000 February 80% The factory Model C $ 40,000 June 20%
  3. 3. milestoneselling.com Four types of forecasting and pipeline management 3
  4. 4. milestoneselling.com How do you forecast? We asked more than 300 sales organizations 0% 5% 10% 15% 20% 25% 30% 35% 40% 1 2 3 4 4 28% 27% 23% 22% Milestones: Our forecasting is based on progress and movement through the sales process. Forecasted orders are presented as a list of opportunities weighted in relation to the probabilities of the phases in our sales process. Forecasted orders are presented as a list of opportunities weighted in relation to the salespeople’s subjective evaluations and qualified guesstimates. We don’t. Survey by Milestone Selling with 300+ respondents. Conducted Q4 2012.
  5. 5. milestoneselling.com 2% 28% 44% 26% How is the forecasting method working for you? Perfect. It is of great value to us. It is good. It is working for us. It could be better. It needs improvement. Survey by Milestone Selling with 300+ respondents. Conducted Q4 2012.
  6. 6. milestoneselling.com Foryderligereinformation FREE E-book at: www.leadyourleads.com

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