Blog Layout

Building the Roadmap to Sales Success

Evan Polin • September 7, 2022

When I start working with many of my clients, the first question I ask is “what are your revenue or sales goals?”


Typically, when I ask about sales goals, I will hear general answers such as “I’d like to do better than last year” or “I’d like to do X dollars of overall business next year.” I will typically follow up on those answers by asking someone how they plan on achieving those goals.


After I ask that question, I’ll usually get a blank stare, or people will tell me that things just work out or that their sales plan is wishing and hoping. Identifying your sales goals (the destinations) is the easy part - the difficult piece is developing a trackable plan (the road map) to achieve sales success.


There are several components that are necessary to put a successful sales plan into action.


We’ve already identified that you need to have the end goal or destination in mind - how much business you want to develop.


After you’ve identified the destination, you need to develop a sales plan to help you identify how much activity needs to be completed to accomplish your goals.


When I work with clients, I help them work through a formula to determine the amount of activity that needs to be completed and the number of new prospects that need to be generated to hit their goal. I focus on sales and business development activity with my clients because I want them to focus on the actions they can control - their sales activity.


It’s impossible to know whether that next prospect you speak with will be qualified or disqualified. It is possible to control the amount of sales activity you engage in to ensure that you will be in front of enough new opportunities to hit your goals.


The formula to build your plan takes discipline and accountability. Once you build that sales plan you will have the roadmap to be successful.


The factors that are included in a successful sales roadmap are:

1.     Overall sales goal

2.    Dollar amount of the average sale

3.    Number of total sales needed to hit your overall goal

4.    Closing percentage on your opportunities

5.    Percentage of first meetings/calls that turn into proposals or quotes

6.    Number of conversations needed to get meetings

 

The numbers are different for everyone, and you should sit down with someone who can walk you through this formula. Sales professionals who create an accurate roadmap know the exact amount of sales activity that needs to be completed on a weekly basis to allow them to arrive at their destination and achieve their goals. Once you understand this, a plan can be put in place so that you (or your team) are held accountable to execute effectively to accomplish your goals.


Polin Performance Group provides real-world sales solutions by training you and your team with the sales skills needed to maximize business development performance and increase revenue. Ask about our sales training programs and fractional sales management services. Contact us today.

There are several components that are necessary to put a successful sales plan into action. 

Schedule a Time for a

Free Consultation

Contact Us

You might also like

Sales Goals and Business Development Plans
By Evan Polin October 20, 2023
Unlock growth: Discover the crucial link between sales goals and business development for success.
Sales Coaching
By Evan Polin October 20, 2023
Discover how Sales Coaching empowers seasoned service pros. Elevate your skills and drive success. Explore now!
By Evan Polin October 20, 2023
As the end of the year approaches, the pressure to meet and exceed sales goals intensifies. It's a critical juncture where strategic planning and focused execution can make all the difference between accomplishing your sales goals and falling short of your goals. In this article, we'll delve into sales strategies that can propel you towards hitting your goals, ensuring that you not only finish the year strong but set the stage for a successful 2024. 1. Reflect and Reframe: Start by reflecting on your year so far. What worked well and what didn't? Examine the new clients you have brought in this year. How did you get in front of those opportunities? Which prospecting activities converted into new business? Use this insight to reframe your prospecting approach for the remaining months. Sometimes, a small pivot in strategy can yield significant results. 2. Segmented Targeting: Focus your efforts on high-priority segments. Identify the most lucrative market niches or customer profiles and tailor your sales approach to address their specific needs. Are there industries that may be more receptive to your message at the end of the year? Are you looking at the different services you provide and seeking out your ideal prospects? A targeted sales strategy often yields better returns than a broad, one-size-fits-all approach. 3. Leverage CRM Data for Upselling: Your CRM data is a goldmine. Participate in a true account management exercise with the companies in your database. Identify opportunities for upselling or cross-selling based on past interactions and transactions. Existing customers are often more receptive to additional offerings, and this can significantly boost your revenue and your reach within your current client base. 4. Strategic Partnerships for Mutual Growth: Explore strategic partnerships that can complement your offerings. This collaborative approach can open new avenues for business, expand your reach, and create a win-win situation for both parties involved. 5. Intensify Client Engagement: Strengthen relationships with existing clients. Schedule check-ins, seek feedback, and showcase the value you've provided throughout the year. Satisfied clients are more likely to become repeat customers and advocates for your brand. 6. Empower Your Sales Team: Ensure your sales team is equipped for success. Provide additional training, set clear goals, and foster a supportive environment. Motivated and well-prepared teams are more likely to meet and exceed targets. The year-end is not just a countdown; it's an opportunity to strategically position yourself for success. By adopting these sales strategies, you can maximize your efforts, overcome challenges, and achieve your sales goals before the year closes. Remember, the right mix of reflection, targeted approaches, and team enablement can pave the way for a strong finish and set the stage for an even more successful year ahead. If you are interested in learning about how you and your team can be more effective maximizing your sales results before the end of the year, please reach out to Polin Performance Group by emailing us or calling us at 215-970-2360 .
More Posts
Share by: