article thumbnail

Sales Tips: Untrustworthy Sales Forecasts Cost Billions

Customer Centric Selling

Sales Tips: Lack of Trustworthy Sales Forecasts Costs Billions. This guest post was created by MIT Sloan School of Management, courtesy of SellingPower.com.

article thumbnail

90% of Sales Leaders Do Planning Wrong. Here Are 5 Tips to Fix It.

Sales Hacker

Consider the selling skills, roles, and tenures of the sellers you will deploy in the territory. Defining territories based on historical definitions (“this is how I’ve always done it”) or sales forecasts. Separate from the sales forecast , seller capacity refers to the probability of achieving quota for a given seller.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Give Your Sales Territory Mapping the Direction It Needs

Gong.io

Forecast future sales. It’s not just current and historical data you should be using to optimize sales territories. Looking into your crystal ball and forecasting future sales is equally important. . Use sales forecasting to assess market potential when sales planning. . Use software.

article thumbnail

What Would You Handle a Prospect Like Me?

A Sales Guy

A big issue we care about is trying to make the sales forecast process easier and more accurate. Our CEO calls the current sales forecast system ‘the propagation of the lie.’ Their response; Jim, I like your blog/thinking a lot so I sent you our news mostly as an fyi.

article thumbnail

8 best sales podcasts every sales rep must listen to in 2020

Salesmate

They covered almost everything from cold calling to sales forecasting and even provided helpful tips to handle prospects and close more deals. Sales podcast 2 – Sales Gravy. Where to find this sales podcast: Website , iTunes , Stitcher. Mike Simmons and Mike Corner have over 50 years of experience in sales.

article thumbnail

Sales Tips: Garbage In, Garbage Out

Customer Centric Selling

During a workshop I was teaching I asked the VP Sales (Phil) if he was using their offering to forecast. He gave me an enthusiastic “yes,” fired up his laptop and told me that he was within about 5% of his forecast every quarter. At that time I worked with a CRM vendor. He was proud to show me his approach.

Hiring 63
article thumbnail

Sales Tips: Who Owns the Pipeline?

Customer Centric Selling

Sales Tips: Who Owns the Pipeline? By John Holland, Chief Content Officer, CustomerCentric Selling®. The point of my last article was that the integrity of data determines how accurate CRM forecasts will be. Forecasts don’t reflect “gut feelings” on transactions. The feeling is that “Big Brother” is watching.