Company Size & Timeframe
- $10-15 million in revenue
- 1-2 days/week, 4 months
Results
- Issued $7 million in quotes – 60% have high probability of close within 90 days
- Consistent language helped Sales team understand and apply processes
- 12 months of sales projections in the pipeline, with backups in case a sale was lost
Company Profile & Position
- Private equity-backed
- Interim Vice President of Sales
Situation
- Vacant GM/Sales position left no sales leadership in company
- No sales in 5 months with only 2 months of backlog and sales lead time of 12 months
- Lack of sales leader and processes
- Outdated and incomplete marketing collateral and website
- Lack of understanding about customers and competitors
Implementation
- Performed detailed analysis of target customers for quick sales, competitors’ products, and how to sell against them
- Created a 6-step sales process and trained sales team
- Created pricing matrix for discount analysis and pricing decisions
- Replaced, established and/or set goals for field sales reps domestically and internationally
- Directed redesign of marketing collateral, website and ROI calculators
- Issued quotes/proposals to prospects
- Assisted in identifying a full-time VP of Sales
Cerius Insights
“Our Interim VP of Sales clearly defined the sales process we should use to win business. We now fully understand how to transition a brand new lead into a paying customer.”