Unpacking the sales funnel

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The Sales Funnel Going under the hood and looking at the engine that drives your business Presented by Act-On Software & Invigra

description

Understanding the sales funnel is perhaps the most important part of B2B success. Learn how the different parts of the sales funnel interact with your team.

Transcript of Unpacking the sales funnel

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The Sales FunnelGoing under the hood and looking at the engine

that drives your business

Presented by Act-On Software & Invigra

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Today’s PresentersMr. Jeffrey LintonProduct & Field MarketingAct-On Software

@[email protected]

Mr. Stacy GentilePresidentInvigra

@[email protected]

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No More Silver BulletsSales is about sweat equity and you better buckle in for the long-haul.

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CHANGE

• Frugalnomics• Buyers Have Changed

– Skilled at hiding, gaming – Skilled at searching out what they need– Getting you involved at last step

• New Technologies • Same Old Sales People • The Funnel Has Changed

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Too Many Disconnects

• Sales people asking the wrong or no questions• Buyers asking the wrong or no questions • Sales managers asking the wrong or no questions

Action Step: Search Out

“Truthful” Conversations

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PRIOR TO HAVING A RELEVANT CONVERSATIONThese things must be in place

• Good Product / Service / People• Sales Infrastructure

– CRM– Marketing Automation / Lead Scoring Tools– Content Marketing

• Defined Market • Defined Sales /Marketing Process• Defined Key Performance Indicators / Metrics

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30%60%7%3%

Want nothing to do with you

Indifferent

Willing to listen

Actively Buying

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The

FUN

NEL

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Selling vs. BuyingTypical Sell Cycle

• Prospect• Needs Analysis • Propose / Quote• Close• Close

Typical Buy Cycle

• -------Top Of Funnel------• Listen• Interest• Value• ------Middle Of Funnel------• Explore• Decide• Ability• ------Bottom Of Funnel------• Cost Justification• Best Vendor (competitive select)• Buy

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The

FUN

NEL

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Funnel Autopsy

• Interest• Value• Product Fit• Decision• Ability• Cost Justification• Competition

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DASHBOARDS

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Talking Sales

Q&A