- February 28, 2023
- Posted by: Gopal Krishna
- Categories:
What do 💰“250 Top Sales Organizations” focus on to improve Sales Velocity ?
Funnel Insights :-
1. Top of the Funnel
2. Meeting Hold Rates
3. Opportunities Creation
4. Close/Win Rates
In this post, let’s look at
💡 2. Meeting Bookings & Hold Rates
⚡ Sales leaders expect reps to book at least 50% more meetings than they actually do.
⚡ On average, teams booking meetings at 62 percent of their leaders’ expectations.
⚡ Possible reasons for falling short of the expectations :-
🔥 Covid-19 widening the gap
🔥 Sub-optimal connect rates with buyers
🔥 Less or no relevant content shared with buyers
🔥 Lack of clarity on problem identification especially during early stage of engagement.
🌈 Good News :-
💪 While Sales Meeting Bookings are less than expected, the meeting “hold rates” are high.
💪 Sales reps are showing enough value during the early stage, influencing buyers to learn more about the solution by showing up for the meetings.
💪 Meeting “hold rates” meet the sales leaders expectations.
😇 What in your opinion can be done to improve the “meeting bookings” ?
#salesperformance
#salesenablement
#salestools
#salesanalytics
#salesadvice