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Don Kent and My 8 Reasons For Inaccurate Sales Forecasts

Understanding the Sales Force

Earlier this week, the forecast called for a big nor’easter to drop 8-13 inches of heavy, wet snow in our area. When I was growing up in the 1960’s, I watched meteorologist Don Kent give his weather forecasts on WBZ channel 4 in Boston. We got 3 inches. Excited, but wrong. Excited about an opportunity, but wrong.

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Data-Driven Sales Forecasting Using Facts, Not Feelings [Part 1]

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Unlike meteorologists or economists, their industry doesn’t use data as the bedrock of forming their forecasts. Accurate sales forecasting is one of the most important skills sales leaders and sales organizations as a whole can have. Some 57% of sales reps do not accurately forecast their pipeline. This has to change.

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Who Is Your Best Prospect?

The Pipeline

Because I wanted to focus on a specific question, I glossed over the question I am sure many had as I set out a scenario, specifically when we ask sellers: “Who is your best prospect?”. What’s scary right off the top, is that there are multiple definitions of what is a “best” or a good prospect.

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A Complete Prospecting System

The Pipeline

From the time of the first salesperson, sales leaders have been trying to figure out how to get their teams to prospect. In a recent survey, 42% of sales and corporate leaders identified prospecting as a skills gap in their organizations. How do sales leaders create and balance the core element of a fine-tunes prospecting machine?

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Increase Sales Forecast Accuracy and Speed Up Your Pipeline

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Are your sales forecasts tied to reality? Is sales forecast accuracy more of a pipedream within your sales organization? In fact, less than half of all forecasted sales opportunities actually result in a sales win. Needless to say, this paints a less-than-promising picture of sales forecast accuracy.

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4 Ways to Have Complete Confidence in A Sales Rep’s Forecast

Sales and Marketing Management

In industry speak, this is called forecasting, and most reps fail at it because they don’t trust the pipeline their CRM presents. The data they used to figure out their forecast isn’t accurate–and reps know it. In speaking with dozens of sales leaders, they all confirm forecasting today is more about gut, than it is about data.

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Sales Forecasting: How to Put Sales Prediction Angst to Rest (Finally)

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If you’re a sales manager, you’ve maybe been in the sales forecasting hot seat — of presenting numbers that look different from your prediction. It’s time to take control of the process and find your forecasting sweet spot. What Is Sales Forecasting? Now is the perfect time to get your forecasting in top shape.