The Sales Evangelist: Sales Training|Speaking|Business Marketing|Donald Kelly

Why Your Sales Forecast is Not Accurate and How to Fix It | Nabeil Alazzam - 1542

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Sinopse

Creating a valuable and accurate sales forecast is dependent on your ability to anticipate the success of sales. So how does the founder and CEO of forma.ai Nabeil Alazzam motivate and drive his team to maintain momentum? Through sales incentives! Using sales incentives and data-driven forecasting, Nabeil encourages his salespeople to reach specific and measurable objectives. How Nabeil defines sales forecasting: It depends on whether the forecast is for a team leader or a representative. As a leader, it’s taking data across the team and using it to aggregate results. On the rep level, accuracy is critical. If you’re confident which accounts close, you can better visualize what else is needed to do to hit a target number. Common forecasting mistakes: Being overconfident with deals without a data-driven element to justify the belief. Instead, utilize checkpoints throughout the sales process to know if a prospect will move forward. Another common mistake is that a lack of nuanced checkpoints leads to overpri