This week we continue our focus on the post pandemic re-opening of business. Other than dealing with customer and employee fears, there is nothing different or special about today's show except urgency. Unlike other expansions at the end of a contraction, this was not a structural - it was imposed. Normally a contraction (recession) is a result of over supply and decreasing demand awaiting a unplanned event to prick the bubble. In this case the demand still exists with diminished supply and we have sufficient information to predict the beginning of an expansion. The purpose of IBGR programming this month is to prepare the entrepreneur for the turnaround. it will require acting with urgency over the next 4 months.
We have 2 tasks left to reopen the business fast and hard. The issue of how to measure marketing, sales, and service is tomorrows show (C.024). Our focus today is on building a Sales Funnel you can measure and manage. Once you have made the decision the last component of our conversation is how to automate it in your CRM.
What You Need to Know
There are many excellent models for designing a sales model. It should based on what type of interaction is required to move a Qualified Lead to a Sale. The other consideration is the type Sales Relationship you have with customers: Transactional, Relational, or Consultative (Show ). Based on those decisions select or build your own.
Some Issues to Consider when build your Funnel:
What You Need to Do
The model we use has been an industry standard for the last 50 years: Qualified Leads become Suspects who become Prospects whom buy and become Customers and post sale Support:
Once you have built a Sales Funnel that fits what and how you sell, customize your CRM to reflect the steps. All CRM Systems provide administrator status where you can customize it to fit the business.
Next Show: C.024 Marketing & Sales Budget
new choice for BUSINESS SEARCH
All IBGR Shows Notes are available for download