7 Proven Strategies for Effective Opportunity Management in Sales
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Sales is a dynamic, changing environment, and we all know the key to success is recognizing, gauging and acting on opportunity in the moment. As sales becomes more competitive, organizations need to formalize opportunity management strategies and processes to protect and accelerate revenue and conversion rates. To effectively manage opportunities, sales professionals need to spot the right opportunities, develop them, and eventually convert them into long term partnerships. Regardless of your size or industry, how do we do this more effectively and in a manner that is repeatable? Below are seven key systems for managing opportunities in sales to re-focus your efforts, drive better results, and improve overall sales effectiveness. 1. Develop a Clear Opportunity Qualification Framework While assessing any sales opportunity, the first step is clarifying what a lead or prospect needs to be considered a qualified opportunity. Building a qualification framework for dist...