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sales training

Business Development à free lance
12 Apr 2020
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sales training

  1. Sales training MOHAMED REDA 11/4/2020
  2. Agenda Business development ( commercial unit ) Sales process Sales cycle Sales objectives Sales KPIs Sales tools & marketing tools Sales patterns KPIs
  3. sales process A sales process is a systematic, repeatable series of steps that map out and track interaction with prospects from their first point of engagement with your business through to a close.
  4. The sales cycle process prospecting Qualifying initial meeting need analysis product demonstration influencer approves Key decision makers Purchasing approves Product /service delivered
  5. Prospecting social media trade show and conference Cold calls Telephone prospecting (data base) Advertising &publicity Referrals Trade publications Direct mail (1 to many) Target letters Networking meeting and social contacts
  6. Qualifying B.p.o.u.t B=budget P=potential O=ownership U=urgency T=timing
  7. Daily prospecting plane(DPP) Day date activity Contacted Left message Called back Monday 8-11 Direct mail 5 4 1 Tuesday 8-12 Target letter 2 Wednesday 8-13 Email broad cast 50 Thursday 8-14 Telephone prospected 15 5 2 Friday Week total 72contacts 9To return calls
  8. Product Demo :-Give a Great Product Demo: 1. CUSTOMIZE YOUR DEMO. 2. TELL THE CUSTOMER'S STORY. 3. REHEARSE, REHEARSE, REHEARSE. 4. TEST EVERYTHING BEFOREHAND. 5. AFTER THE DEMO, CLOSE THE DEAL.
  9. Sales Skills Understand what the buyer wants Sell in a buyer-responsive manner Use psychology to engage the buyer Establish trust with the buyer Communicate succinctly Act on what the customer is saying Demonstrate subject matter expertise Tell really compelling stories
  10. Marketing tools
  11. Sales tools
  12. Sales objective Sales objective can be defined as a part of a company’s marketing plan where common goals are identified by the company’s marketing team like revenue targets, distribution partners, profit margins, targeted demographics and advertising and work on it. The plans are outlined through a discussion which happens in sales meetings insuring understanding between the sales teams and the members of marketing team of a company.
  13. 5 Essential Sales Target Types For Your Sales Success Sales stage probability of closure – the likelihood of winning the opportunity for that particular sales step. Opportunity ranking – the personal likelihood of winning the opportunity. Opportunity pipeline position – the current position of the opportunity in the sales pipeline. Opportunity status – the status of the sales opportunity i.e. either it is an open opportunity or won opportunity.
  14. The 14 KPIs Every Field Sales Rep Should Strive to Improve INDIVIDUAL SALES NUMBERS BY STORE NUMBER OF NEW OPPORTUNITIES OPENED OPPORTUNITY TO WIN RATIO AVERAGE DEAL SIZE ENGAGEMENT WITH CURRENT CUSTOMERS WHICH MARKETING MATERIALS YOUR REPS USE FOLLOW-UP CONTACT RATE SOCIAL MEDIA ACTIVITY
  15. Sales KPIs Sales Growth: Is your business growing steadily? Sales Target: Are you on track regarding the sales targets? Customer Acquisition Cost: How much does a new customer cost? Average Revenue per Unit: What is your average revenue per user? Customer Lifetime Value: How much do you expect to earn per customer? Customer Churn Rate: How many customers do you lose? Average Sales Cycle Length: How do you shorten your sales cycle? Lead-to-Opportunity Ratio: How about your lead quality? Opportunity-to-Win Ratio: How many qualified leads result in closing a deal? Lead Conversion Ratio: Is your conversion ratio stable? Revenue per Sales Rep: How much revenue do your sales rep bring? Profit Margin per Sales Rep: Is your sales team profitable as expected? Upsell & Cross-Sell Rates: How do you increase your revenue and ROI? Incremental Sales by Campaign: Which campaign brings you the best results?
  16. Thank you
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