A Commercial Due Diligence (CDD) can find all ‘skeletons’ of the b2b sales ‘closet’ and hence lower your investment risks.
There are many things angels are worried about during and after making a startup investment oddly enough b2b lead source types are rarely among them. Though scalable vs. unscalable lead sources can make a big difference regarding your investment money.
Advising many Brazilian IT companies for the last 5 years I can safely say that the economic hard-landing has accelerated the adaption of new inbound B2B sales techniques. As the efficacy of traditional B2B sales approach is declining the choice of any emerging market IT firm is simpler than ever: change or go extinct.
When a financial crisis is hard-landing your country and the sales revenues of your company are plummeting the most endangered species at your company is sales leadership.
If you are a sales director in such situation you can either give everything up or try harder the old sales playbook that has been failing you or you can take initiative and come up proactively with professional recommendations for new actions in sales. Continue reading “How To Save Your Sales Director Position?”
You want to sell more to better customers? Good. All you need is to answer some questions of these 5 B2B Sales Diagnostic areas:
- Lead Sources
Where do you get your leads from?
- Sales Workflow (with benchmarks)
Can you describe the step-by-step process of your sales?
- Account Management
Do you have any process in place to frequently contact/manage your existing clients to make them buy more/more often?
- Sales personnel
How much do you know about the background of your sales team?
- Motivation System
Do you know one-by-one the best ways to motivate each of your sales people? (tangible vs. intangible motivators)
Let’s have a look at the Agile Manifesto:
Now let’s translate it to Agile Sales!
- Personalized messages to leads/prospects/clients
- Return of investments for our clients over forcibly closed deals with big margins for us
- Long term relationship
- Forget Strategic Selling!