Challenges
M-Power was designed to address these common challenges:
- Salespeople spending too much time servicing existing clients at the expense of finding new clients
- Salespeople spending too much time with unqualified prospects, consequently spending too little time with qualified prospects
- Salespeople looking at their prospects through rose-colored glasses, often underestimating the number of prospects necessary to reach their goals
- Subjective opinions regarding sales opportunities resulting in inaccurate forecasts
- Sales cycles are too long
- Closing ratios are too low
- Sales managers having no objective method of determining who needs their help the most
- Sales managers having no way to determine which opportunities a sales person is having problems with and which they are not
- Sales managers not having a source of objective information to proactively uncover problems and therefore waiting for problems to be brought to them by their salespeople
- Sales managers having no way to determine if poor sales performance is due to ineffectiveness or lack of effort, or a combination of the two