Sales
performance is one of the toughest things for most small business owners to measure.
Yet it is vital to have a system in place to evaluate yourself after any presentation.
This will help you uncover areas that need improvement and coaching. Here is a
system that has been helpful to many people.
Rate
your sales performance on each of the following items, using a scale of 1-5 as
follows:
| Very
Low | Low
| Average |
High |
Very
High |
| 1 |
2 |
3 |
4 |
5 |
__
How effectively did you plan the opening sales interview? To what extent did you
review available information about the prospect and devise a strategy for conducting
the sales interview?
__
How well did you prepare the prospect for the sales interview? To what extent
did you explain the benefit of thinking about a topic or gathering documents and
asking the prospect to prepare?
__
How well did you open the interview? Did you break the ice and explain the purpose
of the call? Did you establish the credibility of your company and yourself? Did
you put the prospect at ease with your ability to solve his or her problems?
__ To what extent did you lead with questions, rather than state-ments? The one
who has the power is the one who asks the questions. Were your questions prepared
and rehearsed or did you "wing it?"
__
How well did you demonstrate that you were really listening to your prospect?
Did you show understanding, take notes and restate important points made by your
prospect? Did you respond to their comments and questions?
__
To what degree did you prepare your presentation? Did you rehearse or role-play?
Did you create a strategy for leading your prospect to a logical, beneficial conclusion
to buy, applying your knowledge of the steps in the buying cycle? Or did you simply
rely on your wits?
__
How effectively did you use visuals in your presentation? Did you "show" your
prospect your proposal or did you merely "tell" your prospect what you wanted
to convey? A picture is still worth a thousand words.
__
How well did you "think through" your prospect's questions before answering? Did
you ask clarifying questions to isolate real issues and objections from stalls,
alibis, lies and excuses? Or did you respond to every question as though it were
an objection?
__
How persistent were you in trying to close the sale? Did you keep asking closing
questions, or did you back off too easily, failing to give your prospect the chance
to buy the solution to his or her problems?
__
To what extent did you follow up on your sales call? Did you call or write to
thank the prospect and agree on the next step, or did you leave that to your prospect's
own recollection? Leave a good image in your prospect's mind if you can.
Total
your score for these ten questions. Review each sales call, looking for both improvement
in your overall score and a good blend of skills in each critical area of the
sales path. Build on your best skills and strengthen those that need improvement.
Work
to increase your score as well as each part of the selling process. If you work
jointly with another person, ask for input and listen to how you are rated in
each category. Be careful not to overreact by becoming offended by the other person's
observations, or by believing everything and trying to make too many adjustments.
To
help you further improve your effectiveness, here's a simple tracking form that
will help you check your sales results for each sales period.
A.
New bids presented and lost Number: _____ Volume: ___________
B.
New bids presented and pending Number: _____ Volume: ___________
C.
Prior period bids still pending Number: _____ Volume: ___________
D.
Total bids pending (B + C) Number: _____ Volume: ___________
E.
Number of prior sales ____ divided by prior bids ____ = Closing Ratio: _____
F.
Volume of prior sales ____ divided by prior bids ____ = Avg. Volume: ______
G.
Forecast for pending bids (D x E)(D x F) Number: _____ Volume: ___________
H.
Total sales this period Number: _____ Volume: ___________
I.
Average size sale this period $____________
J.
Average size sale past _____ periods $____________