- February 28, 2023
- Posted by: Gopal Krishna
- Categories:
What do “250 Top Sales Organizations” focus on to improve Sales Velocity?
đź’ˇ Funnel Insights :-
1. Top of the Funnel
2. Meeting Hold Rates
3. Opportunities Creation
4. Close/Win Rates
In this post, I talk about ;
đź’ˇ 3. Opportunities Creation
⚡️ Translating “meetings to opportunities” remains a challenge
⚡️ Sales teams are missing Leader’s expectations by more than 37% ( 💥 7 compared to 11 opportunities per month )
👇 This gap is not without reasons :-
✍️ Inconsistent workflow between team members
✍️ Sales reps don’t fully follow the standardized sales process/workflow
✍️ Too much time being spent on non-selling activities
✍️ Leaders struggle to scale best practices and effective sales techniques across the team members
đź“ť Best Practices :-
âś… Good discovery and problem identification result in the excellent meeting hold rates noted in my earlier post.
âś… This presents an opportunity for sales reps to widen the middle of the funnel and drive higher meeting to opportunity creation rates
âś… Sales leaders must guide and provide tools for sales reps for better time/activities management and prioritization.
#salesperformance
#salesenablement
#salestools
#salesadvisor
#b2bsales