Science and the Length of Your Sales Cycle


Share on LinkedIn

Understanding the Sales Force by Dave Kurlan

When Objective Management Group (OMG) evaluates a sales force, 1 of the 26 questions we answer for clients is, Can You Shorten Your Sales Cycle?

We have some science behind that and as part of the analysis we conduct on a sales force we can determine whether they have the skills and sales DNA for that to become a reality.

There are 11 factors that contribute to determining whether a salesperson or sales force can shorten their sale cycle, not including the factors that determine whether or not a salesperson is trainable and/or coachable.

In the screen shot below, this real sales force (names have been changed) has, on average, only 3 of the factors.

Shorten Sales Cycle Factors

One of the 11 factors that has a great deal to do with the length of the sales cycle is whether or not the sales force and/or the salespeople have an effective sales process. As you can see from the image above, nobody was following an effective sales process. Another really important factor is exactly what salespeople actually believe – what they think – relative to the sales cycle. In the next screen shot you might be able to read some of the beliefs that this sales force had around the sales cycle:

SLBeliefsThose two factors alone are enough to double the length of a sales cycle! But there are still 9 more factors that have an impact…but just from what we’ve discussed and reviewed so far, it’s obvious that this company’s sales cycle is M-U-C-H longer than it needs to be.

That gives you a sense for how we go about answering questions for companies. But there is an additional way!

At my sales consulting company, Kurlan & Associates, we use, love and strongly recommend Membrain as a sales pipeline tool. They have awesome pipeline analytics that are available right out of the box. Check out the next 2 screen shots that have to do with – you guessed it – sales cycle length!

Sales Cycle Age

This screen shot basically shows that this company has almost no chance of closing an opportunity beyond 51 days.

Sales Cycle Time in Phase

This screen shot shows that opportunities that spend more than 10 days in any stage rarely close.

Sales Science: When you to combine the contributing factors to a long sales cycle and then provide salespeople with actual statistics that show what happens when they allow the sales cycle to extend, we can change behaviors. When we provide an effective sales process, milestones, qualifiers and effective sales strategies and tactics, we can change results.

Are you using all of the science you can get your hands on to radically change the way your sales force performs?

Republished with author's permission from original post.


Please use comments to add value to the discussion. Maximum one link to an educational blog post or article. We will NOT PUBLISH brief comments like "good post," comments that mainly promote links, or comments with links to companies, products, or services.

Please enter your comment!
Please enter your name here