Posts Tagged ‘qualification’
Sunday, May 9th, 2010
Whenever we work in a technical-sales environment, this – bar none – is the most valuable idea we bring to the table. Here’s the most obvious symptom of the problem: When salespeople make a technical sale, they inevitably become entangled with production. Their involvement in production cannibalizes their (already limited) business-development capacity – leading to [...]
Tags: competitive advantage, customer service, process improvement, project leader, qualification, strategy
Posted in Applying Sales Process Engineering, Managing Opportunities | 2 Comments »
Monday, July 7th, 2008
I’ve discussed in the past that an assumption that underpins the design and management of most sales processes is that conversion (rate) is the primary driver of sales. The Sales Process Engineering method recognises this assumption as erroneous. In most all sales processes, opportunity flow (volume) is the primary driver, not conversion. It’s quite easy [...]
Tags: flawed logic, measurement, qualification, sales, throughput
Posted in Measures and General Management, Slaying Sacred Cows | No Comments »
Monday, July 7th, 2008
Here’s a question If we were to classify the potential causes of low sales into three categories: Market and offer mismatch (wrong market, wrong offer or both) Lack of appropriate channels for customer to hear about us (promotional channels) or to buy our products (sales channels) Sales management (managing the sales pipeline) Which do you [...]
Tags: measurement, qualification, sales
Posted in Measures and General Management | No Comments »
Monday, July 7th, 2008
[Note: the following post concludes with a challenge. I hope you'll consider proposing a solution!] I can’t stand it anymore. If I hear one more (otherwise intelligent) person mention the concept of a ‘profitable customer’, I’m going to scream! The concept of a ‘profitable customer’ is as big a nonsense as that of a ‘profitable [...]
Tags: flawed logic, measurement, qualification
Posted in Slaying Sacred Cows | No Comments »
Monday, July 7th, 2008
I spent a couple of hours with a Sydney-based insolvency practitioner last week. He visited to request assistance with his marketing. (Yes it’s okay, Ballistix is still solvent!) Because this was my first meeting with a potential client I waited a full 10 minutes before challenging the viability of his business model. Fortunately, my guest’s [...]
Tags: competitive advantage, flawed logic, measurement, qualification, sales process
Posted in Managing Opportunities | No Comments »
Sunday, July 6th, 2008
Question: What’s the primary driver of conversion rate? Answer: In most cases, it’s not sales skill! The primary driver is most often what we call Opportunity Cycle Time: the time it takes to close an opportunity. What that means is that, if you want to improve conversion rates, you should look for a way to [...]
Tags: constraint, measurement, qualification, salespeople, throughput
Posted in Slaying Sacred Cows | No Comments »
Sunday, July 6th, 2008
I’m always bemused by the exalted tone used by salespeople and management when discussing ‘qualification’. The presumption seems to be that this activity somehow adds tremendous value to the opportunity-management process. I suspect, in most cases, it does the opposite! From what I’ve observed, ‘qualification’ typically involves a salesperson making preliminary contact with a list [...]
Tags: opportunity management, qualification
Posted in Managing Opportunities | 1 Comment »
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