{"id":2827,"date":"2019-11-18T16:33:40","date_gmt":"2019-11-18T16:33:40","guid":{"rendered":"https:\/\/salesfactory.pt\/?p=2827"},"modified":"2019-11-18T21:37:45","modified_gmt":"2019-11-18T21:37:45","slug":"sales-process","status":"publish","type":"post","link":"https:\/\/salesfactory.pt\/en\/2019\/11\/18\/sales-process\/","title":{"rendered":"Is your sales process effective?"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<h4>Is your sales process effective?<\/h4>\n\n\n\n<p>The sales process is a set of steps that link together, from creating an opportunity and lead qualification to completing the sale. Assessing the effectiveness of the sales process is, therefore, an important step in your business strategy.<\/p>\n\n\n\n<p>Your business plan will not be rigorous if the process and methodologies that underpin your sales actions are not consistent with your business strategy. It may considerably limit the likelihood of increasing your sales performance and, thus, compromising business growth.<\/p>\n\n\n\n<p>When we have a complex sales (B2B) business, process flow\nis very important.<\/p>\n\n\n\n<p>Consider a \u201cclassic\u201d sales process with 6 phases:<\/p>\n\n\n\n<p>1. Prospecting<\/p>\n\n\n\n<p>2. Qualification<\/p>\n\n\n\n<p>3. Presentation<\/p>\n\n\n\n<p>4. Negotiation<\/p>\n\n\n\n<p>5. Closing<\/p>\n\n\n\n<p>6. Follow-up<\/p>\n\n\n\n<p>This structure may not be best suited to your reality. This is very relevant, given that each business has its specificities.<\/p>\n\n\n\n<p>Therefore, you should carry out a process and methodologies\nanalysis, validating their fit into your sales strategy and plan for 2020. Have the processes been tested? Did\nthey produce results?<\/p>\n\n\n\n<h4>Review the sales process<\/h4>\n\n\n\n<p>Let&#8217;s focus on mapping your current sales process. Was it designed to help your team in achieving their goals, having, hence, consistent and repeatable steps helping commercials create routines? Are they giving consistent answers? Does it translate your product strategy? If the answers are yes, then it may help to improve your business conversion rates.<\/p>\n\n\n\n<p>Let&#8217;s start by analyzing and typifying your customer. Select a set of recent sales and try to figure out what made the difference. What methodology or step led to a customer decision? What is the approach and tools used? Do you have different scenarios, being, hence, ready for different situations?<\/p>\n\n\n\n<h4>Why do you lose sales<\/h4>\n\n\n\n<p>Another important step is to know why you lose sales. Because, sometimes, companies draw conclusions without sufficient data, it is an important element to validate data. Reps need training in selling techniques, we have to review prices or competition is very aggressive. These are, among others, examples of reasons given.<\/p>\n\n\n\n<p>Select a series of 10 deals and dedicate time to your analysis. It can be the vital starting point for a more effective process that leads to improved sales performance and, thus, business growth.<\/p>\n\n\n\n<p>Lost for price? Do you spot common points between the various examples? Was the solution presented the most appropriate? Do salespeople follow the most appropriate methodologies?<\/p>\n\n\n\n<h4>Test the process<\/h4>\n\n\n\n<p>Submitting the process to a test phase will help you\nconfirm data and finalize decisions. The best way is to accompany the team on\nthe ground, ideally at different stages of the sale.<\/p>\n\n\n\n<p>Finally, create a checklist to validate what you have seen\nand understand to be the most effective process.<\/p>\n\n\n\n<p>Learn more on <a href=\"https:\/\/salesfactory.pt\/en\/sales-marketing-consulting\/\">https:\/\/salesfactory.pt\/en\/sales-marketing-consulting\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Is your sales process helping you grow your business? Have you tested it? Know how to test and streamline your sales steps, and drive sales performance<\/p>\n","protected":false},"author":6,"featured_media":2649,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"qubely_global_settings":"","qubely_interactions":"","_generate-full-width-content":""},"categories":[12],"tags":[],"qubely_featured_image_url":{"full":["https:\/\/salesfactory.pt\/wp-content\/uploads\/2019\/02\/forca-vendas.jpg",2400,1146,false],"landscape":["https:\/\/salesfactory.pt\/wp-content\/uploads\/2019\/02\/forca-vendas.jpg",1200,573,false],"portraits":["https:\/\/salesfactory.pt\/wp-content\/uploads\/2019\/02\/forca-vendas.jpg",540,258,false],"thumbnail":["https:\/\/salesfactory.pt\/wp-content\/uploads\/2019\/02\/forca-vendas-150x150.jpg",150,150,true],"medium":["https:\/\/salesfactory.pt\/wp-content\/uploads\/2019\/02\/forca-vendas-300x143.jpg",300,143,true],"medium_large":["https:\/\/salesfactory.pt\/wp-content\/uploads\/2019\/02\/forca-vendas-768x367.jpg",768,367,true],"large":["https:\/\/salesfactory.pt\/wp-content\/uploads\/2019\/02\/forca-vendas-1024x489.jpg",1024,489,true],"1536x1536":["https:\/\/salesfactory.pt\/wp-content\/uploads\/2019\/02\/forca-vendas.jpg",1536,733,false],"2048x2048":["https:\/\/salesfactory.pt\/wp-content\/uploads\/2019\/02\/forca-vendas.jpg",2048,978,false],"qubely_landscape":["https:\/\/salesfactory.pt\/wp-content\/uploads\/2019\/02\/forca-vendas.jpg",1200,573,false],"qubely_portrait":["https:\/\/salesfactory.pt\/wp-content\/uploads\/2019\/02\/forca-vendas.jpg",540,258,false],"qubely_thumbnail":["https:\/\/salesfactory.pt\/wp-content\/uploads\/2019\/02\/forca-vendas.jpg",140,67,false]},"qubely_author":{"display_name":"SF","author_link":"https:\/\/salesfactory.pt\/en\/author\/sf\/"},"qubely_comment":0,"qubely_category":"<a href=\"https:\/\/salesfactory.pt\/en\/category\/news\/\" rel=\"category tag\">News<\/a>","qubely_excerpt":"Is your sales process helping you grow your business? 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