Thursday, May 7, 2009

Increased Activity is not always the answer

Increasing the velocity and volume of any bad process is known to be detrimental to progress. But, some feel that by doing so, a sales rep may get lucky and find a smart and "ready/qualified" buyer.

Our customers tell us that monitoring sales activity is not always the smart way. For example, take into consideration your average "cost per call" to make a face-to-face visit. Time, money, transportation, lodging, meals, tolls, tips.... these all add up. So making more of these calls to find a buyer is costly and unnecessary.

Finding the correct metrics to monitor and measure is key. Without a system that supports full transparency and traceability of sales rep/team behaviors forces sales managers to look at what they do have available such as call and expense reports. Bottom line... examine your current CRM or systems of record (often a speadsheet on someone's personal laptop) and if you can not recreate a sequence of events for a great sales campaign so that others may benefit from "the best", you could be focusing on the wrong things, wasting money and losing opportunities.

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