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1. Got New Game?The Secrets of Funnel Management in a 2.0 World Ken Rudin, LucidEra
Mark Sellers, Breakthrough Sales Performance
4. Breakthrough Sales Performance
5. Reps hitting quota!
Reps being productive
New customers
VPs of Sales Want RESULTS!
6. What They Need THE OLD GAME
Funnel free for all
Funnel afterthought
ABC!
Bad data
Visibility
Gotcha! conversations
THE NEW GAME
One funnel for all
Funnel process
Building healthy funnels
Good funnel data
On demand diagnostics
Diagnostic and planning conversations
7. New Game Pillars A buying process funnel model
Business process investment and commitment to funnel management
Reinforced by analysis
11. A buying funnel and a selling funnel
12. Merge the two funnels
14. With Good Funnel Data… Diagnosis (‘funnel ability’) is meaningful
Action plans are more effective
Achieving quota is more likely
15. Ensuring Good Funnel Data Throughout the Year Scheduled ‘Inspections’ – Funnel Audits
Focus on the Conversation
16. The Path to Execution: The 8-Step Process
17. Recommended Next Steps Look at your funnel and ask yourself:
How confident are you in the data you’re looking at?
How are you validating the accuracy of that data?
Are you willing to bet your quota on that accuracy?
For sales managers:
Schedule a funnel session with every rep
Review the funnel location of every deal
Challenge them to prove that the BuyCycle stage has been met, by the customer
19. Top 5 Sales Goals This Year
20. CRM Alone is Only Half of the Solution
21. Analytics: The Critical Second Half of CRM
22. The Shift to SaaS is Helping… Simplicity
Focused Applications
Platform Power
Customer Success
23. But Do You Have the Right Metrics?
24. But Do You Have the Right Metrics?
25. Sales 2.0 Metrics That Matter
26. New Sales Pipeline Metrics That Matter Pipeline Size Changes due to
New opportunities added
Amount added this period, and % of overall pipeline
Opportunities pushed out or pulled in
Opportunities that grew or shrank
Pipeline Velocity
Time to convert a lead to an opportunity
Conversion rates from stage to stage
Pipeline velocity by stage
Sales cycle times by type of deal
27. The Sales Metrics That Matter Pipeline
It’s not just the # of deals, it’s how they’re moving
Total value vs. velocity
People
It’s not just how they’ve done, it’s how they’re going to do
Quota vs. scorecard
Process
It’s not just having a process, it’s making sure it’s followed
Data entry vs data accuracy
28. The LucidEra Pipeline Healthcheck™ Getting the Metrics that Matter Quickly
29. Session FeedbackLet us know how we’re doing and enter to win an iPod nano! Please score the session from 5 to 1 (5=excellent,1=needs improvement) in the following categories:
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