sales velocity equation

24
Sales Velocity Equation TM (Super cool sales math. Really.)

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Page 1: Sales Velocity Equation

Sales Velocity EquationTM

(Super cool sales math. Really.)

Page 8: Sales Velocity Equation

Your Sales Velocity

Number of sales

opportunities

you work

Average deal value

Win rate

Length of sales cycle

Page 9: Sales Velocity Equation

Your Sales Velocity

Number of sales

opportunities

you work

Average deal value

Win rate

Length of sales cycle

What happens if you

Increase all by 10%

Page 10: Sales Velocity Equation

Your Sales Velocity

Number of sales

opportunities

you work

Average deal value

Win rate

Length of sales cycle

What happens if you

Increase all by 10%

Decrease this one by 10%

and

Page 11: Sales Velocity Equation

Your Sales Velocity

Number of sales

opportunities

you work

Average deal value

Win rate

Length of sales cycle

What happens if you

Increase all by 10%

Decrease this one by 10%

You increase how much you sell by47% and

Page 12: Sales Velocity Equation

Your Sales Velocity

Number of sales

opportunities

you work

Average deal value

Win rate

Length of sales cycle

What happens if you

Increase all by 10%

Decrease this one by 10%

You increase how much you sell by47%

Go on. Do the math. We’ll wait.

and

Page 13: Sales Velocity Equation

See? Math rocks.

So, where should you be spending your time?1. Increase # of opps2. Increase average deal value3. Increase win rate4. Reduce sales cycle

Page 14: Sales Velocity Equation

See? Math rocks.

So, where should you be spending your time?1. Increase # of opps2. Increase average deal value3. Increase win rate4. Reduce sales cycle

Our research shows most sellers only focus here.

Page 15: Sales Velocity Equation

See? Math rocks.

So, where should you be spending your time?1. Increase # of opps2. Increase average deal value3. Increase win rate4. Reduce sales cycle

Our research shows most sellers only focus here.

Problem:If focus is filling the pipeline (not unimportant), there is less time for these.

Page 16: Sales Velocity Equation

See? Math rocks.

So, where should you be spending your time?1. Increase # of opps2. Increase average deal value3. Increase win rate4. Reduce sales cycle

Our research shows most sellers only focus here.

Problem:If focus is filling the pipeline (not unimportant), there is less time for these.

That’s bad math. For all of us.

Page 18: Sales Velocity Equation

“Forget the Pipeline” Math

What happens to your sales velocity if you don’t add opportunities?

1. Increase # of opps2. Increase average deal value3. Increase win rate4. Reduce sales cycle

Static

By 10%

By 10%

By 10%

Page 19: Sales Velocity Equation

“Forget the Pipeline” Math

What happens to your sales velocity if you don’t add opportunities?

1. Increase # of opps2. Increase average deal value3. Increase win rate4. Reduce sales cycle

Static

By 10%

By 10%

By 10%

Sales velocity improves by34%

Page 20: Sales Velocity Equation

“Forget the Pipeline” Math

What happens to your sales velocity if you don’t add opportunities?

1. Increase # of opps2. Increase average deal value3. Increase win rate4. Reduce sales cycle

Static

By 10%

By 10%

By 10%

Sales velocity improves by34% Yes, a 34%

increase in how much you sell

without increasing the

number of deals

Page 22: Sales Velocity Equation

Your Sales Velocity Challenge

1. Increase # of opps2. Increase average deal value3. Increase win rate4. Reduce sales cycle

This week, try shifting your focus here

Page 23: Sales Velocity Equation

Your Sales Velocity Challenge

1. Increase # of opps2. Increase average deal value3. Increase win rate4. Reduce sales cycle

This week, try shifting your focus here

Then come back and let us know what happens.

Page 24: Sales Velocity Equation

Sales Velocity EquationTM

We’ve helped companies like measurably improve their sales velocity.

Number of sales

opportunities

you work

Average deal value

Win rate

Length of sales cycle

The only factors that impact how much you sell.4