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Why You Should be Scared When Your Salespeople are Closing Lots of Business
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| Guest post by: Dave Kurlan |
Article Overview: Sales managers get caught up in the excitement of a closing frenzy when they should be taking a step back and asking themselves, what's wrong with this picture?
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Why You Should be Scared When Your Salespeople are Closing Lots of Business
Most senior executives get excited when a lot of business starts to close all in a fairly short period of time. They think:
- Momentum
- Cash Flow
- Best Practices being executed
- Processes being followed
- Strategies being executed
- Tactics being utilized
- Salespeople becoming more effective
- Retention
- Focus on bigger opportunities now
- etc.
- uh-oh
- is the pipeline emptying?
- what's coming along behind this?
- has anyone been filling the pipeline during all this closing frenzy?
- how could I have not seen this coming?
If you have a short sales cycle - less than 30 days - you won't feel the impact of this as much as a company with a longer sales cycle. If you have a six month sales cycle and the pipeline just emptied in a closing frenzy, it could be six months before business begins to consistently close again!
You may see a similar phenomenon when salespeople are on an appointment scheduling frenzy - nothing seems to be closing - and opportunities are not moving through the stages of the sales process.
So what is the answer? Balance. Your job is to maintain balance - hold salespeople accountable for all three requirements:
- filling the pipeline
- moving opportunities through the pipeline
- closing the closable opportunities in the pipeline
- all at the same time
- without breaks in the action
- without excuses
- without blinders on
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About the Author: Dave Kurlan RSS for Dave's articles - Visit Dave's website Dave Kurlan is a best-selling author, top-rated speaker and thought leader on sales development. He is the founder and CEO of Objective Management Group, Inc., the industry leader in sales assessments and sales force evaluations, and the CEO of David Kurlan & Associates, Inc., a consulting firm specializing in sales force development. Dave has been a top rated speaker at Inc. Magazine's Conference on Growing the Company, the Sales & Marketing Management Conference and the Gazelles Sales & Marketing Summit. He has been featured on radio and TV, including World Business Review with General Norman Schwarzkopf, in Inc. Magazine, Selling Power Magazine, Sales & Marketing Management Magazine and Incentive Magazine. He is the author of Mindless Selling and Baseline Selling – How to Become a Sales Superstar by Using What You Already Know about the Game of Baseball. He created and wrote STAR, a proprietary recruiting process for hiring great salespeople, and he writes Understanding the Sales Force, a popular business Blog and is a contributing author to The Death of 20th Century Selling (Dan Seidman), Stepping Stones (Deepak Chopra and Brian Tracey) and 101 Great Ways to Improve Your Life, Volume 2 (David Riklan). Click here to visit Dave's website Predict Sales Turnover Visual Pipeline Salesperson Selection |
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