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Li 16x9 sales_connect15_donal daly - annotated
1. Donal Daly
CEO, The TAS Group
Presentation at LinkedIn Sales Connect – October 2015
smartmatters
Brief Annotations here
2. Sales Velocity
SALES
VELOCITY
V DEALS VALUE WIN RATE
SALES CYCLE
The Sales Velocity Equation shows the 4 levers that impact the revenue that can be achieved in a given time period.
3. DEALS VALUE WIN RATE
SALES CYCLE
SALES
VELOCITY
V
LinkedIn Improves Sales Velocity
LinkedIn can help improve each of the four
4. Only 54% of salespeople
can access key players
61% can uncover
customers’ business
problems
When you lose …
*Source: Dealmaker Index Sales Benchmark Study 2013
You need to get to the right people and understand their business problems
5. Uncovering Customers’ Problems
61% of salespeople are good
at uncovering customers’
business problems
Those salespeople are
28% more likely
to achieve quota
*Source: Dealmaker Index Sales Benchmark Study 2013
When you understand their business problems, you can truly deliver value grow your sales
6. Only 54% of Reps Can Access Key Players
KEY PLAYERS
INACCESSIBLE
Only 54% of salespeople
can access key players
INCREASED REVENUE
Salespeople who access Key
players achieve 30% more
revenue
*Source: Dealmaker Index Sales Benchmark Study 2013
Accessing the key players effectively adds 30% to your sales attainment
7. Smart Sales TransformationThis is a screenshot of Dealmaker Political Map – that shows hierarchy, your supporters and non-supporters
8. Smart Sales TransformationBut sometimes influence is more important that position on the org chart. LinkedIn can help uncover that.When you understand their business problems, you can truly deliver value grow your sales
9. Smart Sales TransformationUsing LInkedIn can help you learn more about the people you need to connect with … and other related people
In my experience, LinkedIn can help with each of these 4 levers – I will focus on value, win rate and sales cycle
People buy from people they like
And trust
And respect
And who add value to their objectives
People buy from people they like
And trust
And respect
And who add value to their objectives
There is of course the obvious – who you are connected with, who else in the is connected …
And whether their job history tell you whether they were in a company who previously used your solution or one from a competitor