Sales Process
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Synopsis
Need a more structured and efficient way to close leads? Our Sales Process presentation guides through a pipeline that can take any prospective buyer from the early stage of awareness to a closed sale. It includes slides for Sales Pipeline, Lead Status and Activity, Lead Qualification and Scoring, Sales Channels, and Ideal Customer Profile, plus many more.
Sales pipeline
Sales pipeline is a visual representation of the stages a potential buyer goes through in the purchasing process. The pipeline tracks how leads and prospects respond, engage, and perform as they move through the sales process. It shows how many people are paying attention and who is ignoring.
In this example, the pipeline shows how customers respond when they are sent a special promotion via text, email, or through an app. The pipeline can be adapted for other situations. It offers visibility into which sales activities are giving the greatest return on investment. (Slide 6)
It can also be visualized as a funnel, as seen here. Sales managers can use data from pipelines to optimize the sales process. (Slide 7)
This slide provides a closer look at the data along each stage. It highlights the essential metrics under each touchpoint. Users can enter data in the table at the bottom. (Slide 10)
Sales channels
Businesses often look to experiment and expand by selling through new sales channels. Deciding which channel to use can be difficult, as there is a risk of not being profitable.
This visualization helps businesses list and prioritize their sales channels by the average return on investment over time. Channels are ordered from highest ROI to lowest ROI. The channels with the highest ROI should therefore be the highest priority. (Slides 18-19)
Lead qualification and scoring
While it's important to find the ideal channel to grow your business, it is just as important to identify the ideal customers. Studies indicate that companies with a strong lead qualification and scoring system can experience a 70% increase in lead generation.
Lead qualification is a method to measure and predict the value of leads based on their characteristics and needs. This is especially useful for enterprise or B2B sales, as it pushes the sales team to only allocate resources on the most promising leads with the highest potential to convert.
Lead scoring allows businesses to assign a value to each lead based on various criteria and adjust as the lead progresses through the sales pipeline. The criteria can be adjusted, and the leads that match all the criteria get the highest score and should be prioritized. (Slides 14-16)
Ideal Customer Profile (ICP)
To tailor their pitches, salespeople need to be aware of how their product can have a positive impact on a prospect's bottom line before reaching out to them. The key to achieving this is by creating an Ideal Customer Profile, or ICP.
It identifies the characteristics of the most profitable buyers and helps salespeople understand who to target and why. (Slide 20)
An ICP should take into account the budgets, pain points, roles, and business goals of the target market. It is also important to analyze your current customers and look for patterns in the largest deals. That includes customers that have been successfully upsold or had their contract expanded.
Sales enablement plan
Sales enablement refers to any internal efforts to support the sales team in reaching their goals. Research found that with a strategic sales enablement plan in place, 10.6% more sales reps were able to meet their quotas.
Guide your salespeople through the process with any relevant materials at each stage.
Each card here can link to internal sales tools, protocols, and documents that will help your sales team convert leads. (Slide 29)
The sales pitch cheat sheet will make it even easier for salespeople to do their job. In a quick pitch, it's impossible to cover everything. This slide will help salespeople identify the most important words and points to hit in the sales pitch. (Slide 32)
Uncover new ways to convert leads, test solutions, and solve any business problems with our Sales Process presentation.
