Live Webinar

65-minute live streaming program
  • March 27
  • 1:00 - 2:05 pm EST

Also available as:

OnDemand Course

Analyzing Your Sales Data to Improve Performance

March 27

Learn how to analyze sales data and use it to positively impact your team and business.

The purpose of data accumulation is to improve some aspect of your organization’s performance. If you don’t keep the right sales records, if they are not reported accurately, if they are not evaluated effectively – why bother keeping them? This topic is about not just the evaluation of data but what data should be developed, why it should be developed, how it should be interpreted, and then what actions should be taken as a result of what is learned. Data is useless if it is not accurate, if it is not interpreted effectively or if after it is interpreted the results are not integrated into new behavior. It is a complex and yes critical process but one that is necessary if any organization wants to maintain sustained growth, competitiveness, profitability, relevance, and overall success. This information is not just about the technology for the data but the rationales, the evaluations, the interpretations, the actions, the politics, the management style, the culture, etc. that will ensure a process that will help you remain competitive, relevant, effective, and necessary.

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Why Lorman?

Over 38 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

The Why
  • If You Don’t Know Why You Are Doing (The Sources of Information and Data) What You Are You Can’t Successfully Maintain Effective Information Awareness and Understanding
  • If You Don’t Know Why What Isn’t Working Isn’t Working, You Can’t Fix It, Delete It, Change It, Etc., or If You Don’t Know Why It Is Working, You Can’t Improve on It
  • If the Right People Are Not Involved in the Various Actions or Evaluations in This Approach, It Will Be a Waste of Time, Energy, Effort, and Resources, and Nothing Will Change
The What
  • What Stats Do You Need, i.e. Closing Ratio, the Average per Sale Revenue, Sales Cycle Length, Most Common Not Purchase Reasons, Lost Sales Revenue, and Why, Etc.
  • What Is the Sales History of Certain Products, Have Some Products/Services Outlived Their Value, What Are the Reasons for Lost Sales, Customers, Lost Market Share Loss/Gain, Competitor Positioning and Your Sales History, Etc.
  • What Has Been Your Organization’s Traditional Response to Both Sales Gains and Losses and Many of the Negatives or Positives Above, and What Are Your Lost Sales Ratios?
The How
  • How Have You Modified Approaches, Pricing, Marketing, Customer Service, Advertising, Etc. Driven by Previous Data or Results Due to the Above What’s?
  • What Is the Typical Response/Reaction Throughout the Organization to These Changes?
  • How Long Do the People Involved in Developing the How’s Stay Involved in the Change or Improvement Next Steps or Actions?
The Interpretation
  • What Is Your Process or Approach for Interpreting Data, Stats, and Outcomes?
  • Who Typically Is Involved in This Process?
  • How Long Does the Process Take and Why?
The What to Do Next
  • Once You Have Evaluated the Why, the What, the How, and the Interpretation – What Is Your Typical Action, Response?
  • When These Changes Have Taken Place Do You Typically Assume, They Will Work or Do You Continue to Repeat the Above Steps or Process to Ensure Effective Change or Improvement?
  • Are the Above Steps Your Organization’s Current or Typical Approach to Overall Information Gathering, Evaluation, and Interpretation or Do You Do a Less Detailed Process?
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Why Lorman?

Over 38 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

Live Webinar Registration

No credit available.

OnDemand Course

This course was last revised on September 21, 2020.

Call 1-866-352-9540 for further credit information.

Who should attend?

This live webinar is designed for sales managers, directors, account managers, presidents, vice presidents, account executives, analysts, consultants, and other sales professionals.

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Why Lorman?

Over 38 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Roy W. vanNorstrand

Roy W. vanNorstrand

The Leren Group LLC

  • Founder and president of The Leren Group LLC
  • The Leren Group LLC is a professional services firm passionately devoted to delivering high impact, high value, sales training, sales coaching, and sales management solutions to our clients; we use an innovative model of resources, tools, training, consulting and coaching to drive what we call Leren Sales Optimization; our clients include small and medium businesses in several industries throughout North America
  • More than three decades of sales management experience and practice in a variety of industries and business models including the Development of the Leren Group Sales Optimization Model™
  • Served as a staff facilitator for the Heartland Technology Groups (HTG); a member of the Association for Talent Development (ATD – formerly ASTD); the Sales Management Association (SMA); The Professional Society for Sales & Marketing Training (SMT); The Sales Association (TSA); and a founding member of the Business Relationship Management Institute (BRMI); Adjunct Instructor at Northcentral Technical College
  • A sought after speaker and subject matter expert on the topics of sales strategy, sales process and sales management
  • Wrote the Professional Practice of Sales series of live and online training resources
  • Can be contacted at [email protected]
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Why Lorman?

Over 38 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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Product ID: 411825
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