Pipeline

09 Oct 2024 • 11 min • EN
11 min
00:00
11:59
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🌱 The role of a sales manager goes beyond hitting targets. It’s about shaping a team that understands the value of genuine relationships and sustainable growth. When we focus solely on quick wins, we overlook the bigger picture—the lifetime value of our customers. In the latest episode of Pipeline, I share insights on building and managing a sales pipeline that prioritises relationships over 'fast deals.' Here are 5 steps we can take to move towards a long-term growth mindset: 1️⃣ Cultivate a Culture of Relationship-Building Encourage your team to see customers as partners, not just prospects. It's about investing time to understand their journey, pain points, and goals. When customers feel valued beyond the initial sale, loyalty follows. 2️⃣ Personalise the Customer Experience Equip your team with the tools and insights needed to tailor the approach at every touchpoint. A well-defined customer journey ensures prospects don’t feel like just another number—it shows them they matter. 3️⃣ Educate the Team on Lifetime Value Metrics Sales volume is important, but it’s only half the story. Make lifetime value part of your team's success criteria, so they understand the importance of repeat business and long-term relationships. 4️⃣ Continuously Optimise the Pipeline A sales pipeline shouldn’t be set in stone. Regularly review and tweak it based on what’s delivering results. This keeps your team focused on quality leads rather than getting bogged down in deals that won’t yield lasting value. 5️⃣ Invest in Continuous Training A strong team is one that’s always evolving. Prioritise training in not just closing techniques, but also in active listening, problem-solving, and consultative selling. It’s about empowering your team to act as trusted advisors. A great sales manager knows the journey is just as important as the destination. By leading with a people-first approach and focusing on customer lifetime value, we can transform the way our teams approach growth. For deeper insights on this topic, tune into the latest episode of Pipeline. Let’s lead with purpose, together. #SalesLeadership #CustomerFirst #TeamDevelopment #SalesPipeline #CustomerLifetimeValue #PeopleFirst #SalesManager

From "Think & Act Differently with Sales Academy"

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