|
|
Like this article? PLEASE +1 it! |
|
Increased Sales Effectiveness: Opportunity #1
Written by: Peter MichieArticle Overview: This article uses a Survey of about 3,000 sales people to draw a concusion about a large opportunity for increased sales effectiveness that exists in most sales forces.
![]() |
Free Download - Selling in Bad Economic Times! By Peter Michie |
Increased Sales Effectiveness: Opportunity #1
Introduction
Before proposing anything to our customers, PERFORMAX often conducts a Needs Analysis Survey of their sales force.
So, as a bye product of surveying about 3,000 sales people on about 60 questions, some interesting conclusions, or opportunities for improvement emerged:
Sales Feedbacks on Themselves
18% of respondents did not have documented sales goals, and of the 82 percent of respondents who did:
• 23% felt their targets were unfair;
• 50% were forecasting that they would not reach their annual sales goals;
• 85% had no documented plan for reaching their goals;
• 73% had no account strategy for their top five accounts.
Sales Feedbacks on Their Sales Managers
Most respondents gave their managers high ratings in the areas of selling and personal skills.
But they gave sales managers poor marks for their management skills - more than 33% rated their managers at less than 50% in their management capabilities.
Conclusion
Thus, there is a huge opportunity for improved Sales Effectiveness in most sales forces by selecting the right people to be sales managers, and ensuring that they are well trained and competent as managers.
The sales managers who we have trained had an average of 6.5 sales people reporting to them, so if you can increase the effectiveness of the manager by 10%, the leverage is huge!
Peter Michie, Founder of PERFORMAX 561.202.8163
Article Tags: account strategy, analysis survey, conclusion, conclusions, improved sales, leverage, management capabilities, management skills, michie, personal skills, poor marks, respondents, sales effectiveness, sales goals, sales managers, targets
|
About the Author: Peter Michie RSS for Peter's articles - Visit Peter's website Peter is a pragmatic senior sales and marketing executive who learned his trade on the firing line with major computer manufacturers. He founded PERFORMAX to offer sales and marketing consulting services to companies where the quality of the managers and people is the key to success. Peter formed "PERFORMAX Technologies" Inc. to package and market his experience and skill into a range of world class Management Development Programs such as: "For Sales Managers Only" & "Managing Sales in Tough Times!" Most importantly Peter's work with large and small clients on 3 different continents has produced dramatic improvements in revenues and profits for them, in the same way he helped achieve this when working for large corporations. Outside of work, Peter lives in either Hope Town, Bahamas, or Provence, and has Commercial Pilots and Captain's Licences. Click here to visit Peter's website Great Sales Fallacies |
Related Forum Posts
Share this article with your friends. Fund someone's dream.
Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.
Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Unharnessing Creativity in Business
An Intelligent Contact Sheet
Winning Market Share in a Tough Economy
Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.



