Performance Measuring Software in Nepal

The sales profession moves faster than ever today. In the blink of an eye, new competitors emerge, similar products are released, and before you know it, it’s a race to the bottom. Sales performance uses raw data concerning the number of customers a sales associate speak, to compare with the number of actual sales. Better sales performance makes company survival and here are few points to be considered for sales performance improvement:

  • Clarity in the mission
  • Specific goals
  • Understanding and fulfillment of customer needs
  • Regular follow up
  • Ask, listen and act behavior
  • Develop a positive attitude and be focused

A Sales performance measuring system is mostly used for better sales mechanism which includes managing and measuring sales performance for better result and to grow sales. Thus, field sales tracking app helps to track the fields executives very easily.

Ways to measure sales performance

There's no job in the world that can't be measured. One of the most obvious ways to measure sales performance has always centered around calculating the revenue that representatives generate. For sales managers, revenue, profitability, and market share are considered to be the most important sales performance metrics. Organizations are constantly debating on other metrics that can help in determining the success and effort of a sales representative, including things like a number of calls, meetings, emails, and other customer communications.

Revenue is not the only metric that sales managers should pay attention to. Being too focused on making sales or quota makes them forget, that there are other valuable performance metrics to be focused on, especially if a good sales representative is having a bad month.

When you are thinking about the measures of sales performance, you also need to focus on the activity, conduct process and result. There are several ways to measure sales performance:

  • Selling Time - measuring time spend on selling/talking to prospects can help to identify any issues that might be hindering sales performance
  • Quantity – sales volume, dollar revenue generated, accounts acquired, etc
  • Quality – customer relationship satisfaction, margin achieved
  • Revenue - profitability is the measure of sales performance
  • Conversion rate or win rate - increasing your opportunity win rate is the single most powerful way to increase revenue
  • Timeliness – results, reports on time
  • Cost-Effectiveness – performance within agreed expense budgets
  • Employee Satisfaction - happier employees are more productive for their better performance

To measure a sales performance, you need to improve your sales team’s performance by tracking and analyzing the right metrics.

  • A salesman must know on using the measurement metrics and performance
  • Track the quality of the leads, maximize selling times & minimize administrative task
  • Keep the track of sales activities, revenue sources, open/close deals eventually
  • Evaluate sales performance

Before you evaluate the performance of the sales team, you must first analyze its components. Below is the simple formula to evaluate sales performance:

Performance = Capability + Motivation + Opportunity

Field sales is a challenge while in modern-day consumers and clients are becoming more aware of technologies, digitizing your field sales pitching effort is more than mandatory. To grow revenues and manage sales teams effectively, sales managers must carefully measure the performance of individual sales representatives.

Field sales tracking app is to evaluate the sales performance of the salesman. If you evaluate sales performance regularly with a CRM tool, you can analyze vast improvements in your sales organization. But. there should be defined metrics in order to make any kind of evaluation for sales performance.

Finding success is not always easy when it comes to sales.

Are you having a hard time managing your salesmen, monitoring their work progress?

Not Anymore!