Learn From Lost Sales

By building win-loss analysis into your sales tracking process, you can learn important lessons about your sales force, your value proposition, and your key competitors, reports Inc.com.

Consider putting together a questionnaire for clients and would-be clients to discover in which categories your company excells and in which it falls short.

But don’t ask reps themselves to reach out for feedback; customers may feel that the request for information is yet another attempt to re-open the sales cycle.

Instead, have your marketing director call customers and ask a few simple questions concerning why your business lost out on a sale.

Photo by warwick.ac.uk.

Leave a Comment

Your email address will not be published. Required fields are marked *