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Sales Process Analysis
The sales process has two components: how your sales organization sells or the sales-cycle and how customers buy or the buyer's journey.
Over time, the sales process in many companies becomes ineffective. This danger typically arises:
- When new products are introduced
- When existing products are repositioned
- When channel partner strategies are transformed
- When the buying behaviors of customers change
When any of these changes occur, it’s time to re-evaluate
your company’s sales process.
In our sales process analysis we review:
- The buyer's journey-the series of steps that buyers go through to becoming a customer.
- How your organization is selling today — i.e., your existing sales cycle
- What marketing tools are available at each step to help
move the sale forward
- What marketing tools are working and why
- Whether your sales process provides a competitive advantage
- Where the sales support staff is working well and where
problems exist
- The length of your sales cycle
- The lag time between steps
- The "leakage rate" of your funnel
- The number of leads required to close an order
- Your funnel-to-forecast accuracy
- Your win-loss ratio
We provide detailed feedback on how to improve your current
processes in order to improve your market position.
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