Sales productivity
Sales Productivity is an
increasingly important issue for organizations that want to get the most
from every dollar of their sales expense. But the days of thinking that
sales productivity can be measured by the number of sales achieved out
of a certain number of calls are well and truly gone! Achieving sales
productivity is therefore a complex issue. An important part of
productivity is getting organized, setting a clear direction and
communicating your sales goals to people in a meaningful way.
|
|
Lead Generation
In marketing, lead generation
is the generation of consumer interest or inquiry into products or
services of a business. Leads can be generated for purposes such as list
building, e-newsletter list acquisition or for sales leads. The methods
for generating leads typically fall under the umbrella of advertising,
but may also include non-paid sources such as organic search engine
results or referrals from existing customers. |
|
Businesses strive to
generate 'quality' leads.Lead generation is the process of creating
sales leads which might convert into sale for the company.The leads may
come from various sources or activities, for example, digitally via the
Internet, through calls, through advertisement and list purchase.
Companies may also rely on referrals, telemarketers, and advertisements
to generate leads. |
Prospect Scoring
Sales prospects are
potential customers for a given company that have gone through a process
of qualification and who have expressed at least a small amount of
interest in doing business with the company. The typical sales
representative is very attracted to the sales prospect, in that much of
the groundwork is already in place for making a sale and securing a new
customer for the business. A properly qualified sales prospect has an
excellent chance of earning sales for the salesperson and moving on to
become a recurring customer of the company.
|
Opportunity Scoring
Opportunity management (OM)
is a multiple stage process that has been defined as a process to
identify business and community development opportunities that could be
implemented to sustain or improve the local economy.Opportunity
Management is an on-going commitment to come together, discuss ideas and
continuously work together to drive initiatives forward. Opportunity
Management is a collaborative approach to economic development and
business development. It is a process that is put in place to produce
tangible outcomes. |
Next Best Action
Next-best-action marketing
(also known as best-next action or next-best activity), as a special
case of next-best-action decision-making, is a customer specific
marketing paradigm that considers the different actions that can be
taken for a specific customer and decides on the ‘best’ one.The Next
Best Action (an offer, proposition, service, etc.) is determined by the
customer’s interests and needs on the one hand, and the marketing
organization’s business objectives, policies, and regulations on the
other. This is in sharp contrast to traditional marketing approaches
that first create a proposition for a product or service and then
attempt to find interested and eligible prospects for that proposition.
This practice, direct marketing, typically automated in the form of a
campaign management tool, is product specific.
|
Order & Sales Management
The sales order,
sometimes abbreviated as SO, is an order issued by a business to a
customer. A sales order may be for products and/or services. Given the
wide variety of businesses, this means that the orders can be fulfilled
in several ways.A sales order is an internal document of the company,
meaning it is generated by the company itself. A sales order should
record the customer's originating purchase order which is an external
document. |
|
Rather than using the customer's purchase order document,
an internal sales order form allows the internal audit control of
completeness to be monitored as a sequential sales order number can be
used by the company for its sales order documents. The customer's PO is
the originating document which triggers the creation of the sales order.
A sales order, being an internal document, can therefore contain many
customer purchase orders under it.
|
Please send us a query at info@elishconsulting.com for more detailed information and list of service providers.
|
|