Industry Fact

A healthy and balanced pipeline produces steady revenue flows. Yet, many sales organisations have difficulties with funnel management, leading to a ‘rollercoaster’ effect.

Funnel Management

Sales Funnel Management is essential for any company seeking to achieve growth while keeping the cost of sales under control. Very often, companies lack a clear plan for filling their pipeline with long-term opportunities. Typical challenges facing Sales Executives when striving to balance the funnel include:

  • Salesmen have no clear insight into the customer’s buying cycle
  • Sales staff learn by time-consuming trial and error
  • Inaccurate forecasting
  • Sales get leads that are not qualified and/or are not ready to buy
  • The organisation lacks the skills to build up a balanced pipeline

Our customers implemented the following capabilities

Perpetos clients have been able to build a balanced sales pipeline, offering sustainable growth opportunities in the long term, implementing the following capabilities:
 
  • Identifying milestones in the buying cycle to understand the customer’s readiness to buy; does he feel a ‘latent pain’, ‘admitted pain’ or ‘urgent need’
  • Developing tools for monitoring these milestones closely
  • Aligning their sales cycle with the customer’s buying cycle
  • Developing consistent Lead Generation and Lead Nurturing programmes
  • Coaching and mentoring the sales force
  • Developing the skills of sales reps for taking action at the right time

The results

One of our clients, a major international telecommunications player, boosted turnover by 25% by implementing a change process with Perpetos and involving a number of the above mentioned capabilities.
 
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Identify the milestones in your customers’ buying process, in order to understand his readiness to buy: does he feel a ‘latent pain’, ‘admitted pain’ or an ‘urgent need’.