Risk: the hidden bomb that could sink your sales forecast

In most businesses, risk is a well-understood factor and usually equally well mitigated. Many companies have a risk register and if you are an insurance company then your risk appetite defines how you conduct your business. Yet there is one form of risk that lurks unseen in many organisations because it is not identified as such. It manifests itself in other terminology or is obscured by the way that those who have created the risks describe it initially.

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Lean & Agile Sales Process: a Non-Linear Approach

Why did we create the Essential Sales Process (ESP)? Well the answer is that myself, and the other co-creators of ESP, have worked in solution selling for most of our careers, and we felt that most of the available solution selling processes on offer didn’t work very well. They tend to be very linear, and assume a “happy day” scenario where everything goes according to plan, and we always have control over what the customer does, and what the competition does. Continue reading “Lean & Agile Sales Process: a Non-Linear Approach”

Performing opportunity reviews and planning next steps with the essential sales process

Improving win rate and accelerating deals requires that we have an accurate understanding of where we are with any given opportunity, so we can effectively plan next steps to advance the deal towards closure. Think of this as your “Sat Nav” for sales opportunities. Continue reading “Performing opportunity reviews and planning next steps with the essential sales process”

What makes a good solution sales process?

As solution sellers we all want to increase our win rate, our deal size, and get deals closed faster. We also need to provide accurate forecasts to our sales leaders, all with the minimal amount of admin. To do this we need to ensure we are qualifying well and focusing on the right deals. Our sales process should help us with all these things, and not get in the way by creating excessive process overhead. Continue reading “What makes a good solution sales process?”