Sales Benchmarking
I have been reading about shrinking pipelines, questions by sales management and trainers on how to focus development efforts, and a number of other general ailments in sales teams. For each one, there are many different ways to approach solutions, but the central question when things are going wrong is, where do I start in order to fix the situation? Without good data on what is currently happening, it is hard to determine what you need to fix in order to achieve what you do want to happen. In my experience, starting with the metrics and numbers is the first place to go. Let me tell you a story... There was a sales team that I had set out to provide some training for, quite a few years ago. They were all grossly under-performing. They seemed to know the product and were all really nice people, but the revenue numbers weren't good enough to support their office. The reps were complaining that there were not enough leads. Common comment. So, I wanted to get their focus onto ...