SlideShare uma empresa Scribd logo
1 de 15
www.beyondtargets.com


Monthly Sales
 Targets may
  be flawed
January 1st 8am
  As sales managers, we start our new
   sales year with the one goal; to achieve
   100% of annual sales target.

One hour later……
 We’ve distributed our annual sales target
 between our 5 sales executives team and
 allocated monthly targets.
One hour later……

We now have 60 sales goals instead of one!
 spread across 5 sales executives and 12
 months

In just two hours we have managed to divide the
  simple team sales goal into 60 sub goals
One month later…..

Ask your sales executives the following
 question;

As of today, how much do you need to sell to
 achieve this months sales target?
Phew, they answered
      correctly.
 That’s a good sign
   anyway, isn’t it?
Now, ask your sales
 executives this next
 question;

As of today, how much do
 you need to sell to achieve
 this years sales target?
As of today, how much do you need to
 sell to achieve this years sales
 target?

Well, did they answer the question
 immediately without looking at a
 spreadsheet or sales report?

Is this not the main goal for your sales
                executives?
Monthly sales targets
 may be flawed for
    the following
      reasons;
   When sales are slow, a sales
    executive has 12 monthly
    opportunities to fail instead of
    one annual opportunity to
    succeed. Imagine what this
    does to self confidence.
   When a monthly sales target is
    missed, the sales executive
    can reset the clock and start
    again next month, with the
    fools promise of making next
    months target. But that’s not
    the goal, the goal is to achieve
   Monthly sales targets are not
    aligned to the buying process.
    Why have monthly targets for
    sales that can take 6 months
    to close?
   Monthly sales targets really
    complicate commission
    structures.
    Were monthly sales targets
    introduced to coincide with
    payment of monthly
    commissions?
But most importantly,
      monthly sales targets
    hide the ONE clear goal,
   the ANNUAL sales target.
   This contributes to sales
             failure
Check out “Unlock the power of your salesforce” by Bill Dettmer for more on
What’s the alternative to monthly sales targets?
Alternatively, you could put a
 system in place that measures
 sales progress based on the
 ANNUAL sales target, not
 monthly sales targets.

Then test your new system by
 asking;
As of today, how much do you
          www.beyondtargets.com
 need to sell to achieve this years

Mais conteúdo relacionado

Destaque

Trend analysis presentation
Trend analysis presentationTrend analysis presentation
Trend analysis presentation
wiechmanna
 

Destaque (17)

Monthly_Sales_Report
Monthly_Sales_Report Monthly_Sales_Report
Monthly_Sales_Report
 
Diaper wars P&G vs KC
Diaper wars P&G vs KCDiaper wars P&G vs KC
Diaper wars P&G vs KC
 
Hubspot Sales Report: 12 Telling Facts About Sales and Data
Hubspot Sales Report: 12 Telling Facts About Sales and DataHubspot Sales Report: 12 Telling Facts About Sales and Data
Hubspot Sales Report: 12 Telling Facts About Sales and Data
 
Visual Merchandising Communication
Visual Merchandising CommunicationVisual Merchandising Communication
Visual Merchandising Communication
 
3Q2014 BME Business Performance Report
3Q2014 BME Business Performance Report3Q2014 BME Business Performance Report
3Q2014 BME Business Performance Report
 
Google Guava
Google GuavaGoogle Guava
Google Guava
 
Trend analysis presentation
Trend analysis presentationTrend analysis presentation
Trend analysis presentation
 
Guava
GuavaGuava
Guava
 
6 Steps to Set Company's Sales Target (Step by Step Tutorial)
6 Steps to Set Company's Sales Target (Step by Step Tutorial)6 Steps to Set Company's Sales Target (Step by Step Tutorial)
6 Steps to Set Company's Sales Target (Step by Step Tutorial)
 
Trend analysis
Trend analysisTrend analysis
Trend analysis
 
The Simplest QBR Template Ever
The Simplest QBR Template EverThe Simplest QBR Template Ever
The Simplest QBR Template Ever
 
Sales management
Sales managementSales management
Sales management
 
One page effective project status report
One page effective project status reportOne page effective project status report
One page effective project status report
 
gannettlocal Sales Presentation for Atlantic City
gannettlocal Sales Presentation for Atlantic Citygannettlocal Sales Presentation for Atlantic City
gannettlocal Sales Presentation for Atlantic City
 
Overseas online sales strategy for Chinese Brands
Overseas online sales strategy for Chinese BrandsOverseas online sales strategy for Chinese Brands
Overseas online sales strategy for Chinese Brands
 
Smart Umbrella- Smartella Sales Presentation
Smart Umbrella- Smartella Sales PresentationSmart Umbrella- Smartella Sales Presentation
Smart Umbrella- Smartella Sales Presentation
 
Store Inventory
Store InventoryStore Inventory
Store Inventory
 

Último

What is paper chromatography, principal, procedure,types, diagram, advantages...
What is paper chromatography, principal, procedure,types, diagram, advantages...What is paper chromatography, principal, procedure,types, diagram, advantages...
What is paper chromatography, principal, procedure,types, diagram, advantages...
srcw2322l101
 
ابو ظبي اعلان | - سايتوتك في الامارات حبوب الاجهاض للبيع ف حبوب الإجهاض ... ا...
ابو ظبي اعلان | - سايتوتك في الامارات حبوب الاجهاض للبيع ف حبوب الإجهاض ... ا...ابو ظبي اعلان | - سايتوتك في الامارات حبوب الاجهاض للبيع ف حبوب الإجهاض ... ا...
ابو ظبي اعلان | - سايتوتك في الامارات حبوب الاجهاض للبيع ف حبوب الإجهاض ... ا...
brennadilys816
 
Jual Obat Aborsi Di Sibolga wa 0851/7541/5434 Cytotec Misoprostol 200mcg Pfizer
Jual Obat Aborsi Di Sibolga wa 0851/7541/5434 Cytotec Misoprostol 200mcg PfizerJual Obat Aborsi Di Sibolga wa 0851/7541/5434 Cytotec Misoprostol 200mcg Pfizer
Jual Obat Aborsi Di Sibolga wa 0851/7541/5434 Cytotec Misoprostol 200mcg Pfizer
Pusat Herbal Resmi BPOM
 
Obat Aborsi Pasuruan 0851\7696\3835 Jual Obat Cytotec Di Pasuruan
Obat Aborsi Pasuruan 0851\7696\3835 Jual Obat Cytotec Di PasuruanObat Aborsi Pasuruan 0851\7696\3835 Jual Obat Cytotec Di Pasuruan
Obat Aborsi Pasuruan 0851\7696\3835 Jual Obat Cytotec Di Pasuruan
Obat Aborsi Jakarta Wa 085176963835 Apotek Jual Obat Cytotec Di Jakarta
 
Future of Trade 2024 - Decoupled and Reconfigured - Snapshot Report
Future of Trade 2024 - Decoupled and Reconfigured - Snapshot ReportFuture of Trade 2024 - Decoupled and Reconfigured - Snapshot Report
Future of Trade 2024 - Decoupled and Reconfigured - Snapshot Report
Dubai Multi Commodity Centre
 

Último (20)

Blinkit: Revolutionizing the On-Demand Grocery Delivery Service.pptx
Blinkit: Revolutionizing the On-Demand Grocery Delivery Service.pptxBlinkit: Revolutionizing the On-Demand Grocery Delivery Service.pptx
Blinkit: Revolutionizing the On-Demand Grocery Delivery Service.pptx
 
WAM Corporate Presentation May 2024_w.pdf
WAM Corporate Presentation May 2024_w.pdfWAM Corporate Presentation May 2024_w.pdf
WAM Corporate Presentation May 2024_w.pdf
 
What is paper chromatography, principal, procedure,types, diagram, advantages...
What is paper chromatography, principal, procedure,types, diagram, advantages...What is paper chromatography, principal, procedure,types, diagram, advantages...
What is paper chromatography, principal, procedure,types, diagram, advantages...
 
Pay after result spell caster (,$+27834335081)@ bring back lost lover same da...
Pay after result spell caster (,$+27834335081)@ bring back lost lover same da...Pay after result spell caster (,$+27834335081)@ bring back lost lover same da...
Pay after result spell caster (,$+27834335081)@ bring back lost lover same da...
 
Daftar Rumpun, Pohon, dan Cabang Ilmu (2024).pdf
Daftar Rumpun, Pohon, dan Cabang Ilmu (2024).pdfDaftar Rumpun, Pohon, dan Cabang Ilmu (2024).pdf
Daftar Rumpun, Pohon, dan Cabang Ilmu (2024).pdf
 
Innomantra Viewpoint - Building Moonshots : May-Jun 2024.pdf
Innomantra Viewpoint - Building Moonshots : May-Jun 2024.pdfInnomantra Viewpoint - Building Moonshots : May-Jun 2024.pdf
Innomantra Viewpoint - Building Moonshots : May-Jun 2024.pdf
 
Toyota Kata Coaching for Agile Teams & Transformations
Toyota Kata Coaching for Agile Teams & TransformationsToyota Kata Coaching for Agile Teams & Transformations
Toyota Kata Coaching for Agile Teams & Transformations
 
Moradia Isolada com Logradouro; Detached house with patio in Penacova
Moradia Isolada com Logradouro; Detached house with patio in PenacovaMoradia Isolada com Logradouro; Detached house with patio in Penacova
Moradia Isolada com Logradouro; Detached house with patio in Penacova
 
Beyond Numbers A Holistic Approach to Forensic Accounting
Beyond Numbers A Holistic Approach to Forensic AccountingBeyond Numbers A Holistic Approach to Forensic Accounting
Beyond Numbers A Holistic Approach to Forensic Accounting
 
ابو ظبي اعلان | - سايتوتك في الامارات حبوب الاجهاض للبيع ف حبوب الإجهاض ... ا...
ابو ظبي اعلان | - سايتوتك في الامارات حبوب الاجهاض للبيع ف حبوب الإجهاض ... ا...ابو ظبي اعلان | - سايتوتك في الامارات حبوب الاجهاض للبيع ف حبوب الإجهاض ... ا...
ابو ظبي اعلان | - سايتوتك في الامارات حبوب الاجهاض للبيع ف حبوب الإجهاض ... ا...
 
HAL Financial Performance Analysis and Future Prospects
HAL Financial Performance Analysis and Future ProspectsHAL Financial Performance Analysis and Future Prospects
HAL Financial Performance Analysis and Future Prospects
 
MichaelStarkes_UncutGemsProjectSummary.pdf
MichaelStarkes_UncutGemsProjectSummary.pdfMichaelStarkes_UncutGemsProjectSummary.pdf
MichaelStarkes_UncutGemsProjectSummary.pdf
 
Jual Obat Aborsi Di Sibolga wa 0851/7541/5434 Cytotec Misoprostol 200mcg Pfizer
Jual Obat Aborsi Di Sibolga wa 0851/7541/5434 Cytotec Misoprostol 200mcg PfizerJual Obat Aborsi Di Sibolga wa 0851/7541/5434 Cytotec Misoprostol 200mcg Pfizer
Jual Obat Aborsi Di Sibolga wa 0851/7541/5434 Cytotec Misoprostol 200mcg Pfizer
 
Global Internal Audit Standards 2024.pdf
Global Internal Audit Standards 2024.pdfGlobal Internal Audit Standards 2024.pdf
Global Internal Audit Standards 2024.pdf
 
MEANING AND CHARACTERISTICS OF TAXATION.
MEANING AND CHARACTERISTICS OF TAXATION.MEANING AND CHARACTERISTICS OF TAXATION.
MEANING AND CHARACTERISTICS OF TAXATION.
 
Should Law Firms Outsource their Bookkeeping
Should Law Firms Outsource their BookkeepingShould Law Firms Outsource their Bookkeeping
Should Law Firms Outsource their Bookkeeping
 
Exploring-Pipe-Flanges-Applications-Types-and-Benefits.pptx
Exploring-Pipe-Flanges-Applications-Types-and-Benefits.pptxExploring-Pipe-Flanges-Applications-Types-and-Benefits.pptx
Exploring-Pipe-Flanges-Applications-Types-and-Benefits.pptx
 
Obat Aborsi Pasuruan 0851\7696\3835 Jual Obat Cytotec Di Pasuruan
Obat Aborsi Pasuruan 0851\7696\3835 Jual Obat Cytotec Di PasuruanObat Aborsi Pasuruan 0851\7696\3835 Jual Obat Cytotec Di Pasuruan
Obat Aborsi Pasuruan 0851\7696\3835 Jual Obat Cytotec Di Pasuruan
 
Future of Trade 2024 - Decoupled and Reconfigured - Snapshot Report
Future of Trade 2024 - Decoupled and Reconfigured - Snapshot ReportFuture of Trade 2024 - Decoupled and Reconfigured - Snapshot Report
Future of Trade 2024 - Decoupled and Reconfigured - Snapshot Report
 
Raising Seed Capital by Steve Schlafman at RRE Ventures
Raising Seed Capital by Steve Schlafman at RRE VenturesRaising Seed Capital by Steve Schlafman at RRE Ventures
Raising Seed Capital by Steve Schlafman at RRE Ventures
 

Monthly Sales Targets May Be Flawed

  • 2. January 1st 8am As sales managers, we start our new sales year with the one goal; to achieve 100% of annual sales target. One hour later…… We’ve distributed our annual sales target between our 5 sales executives team and allocated monthly targets.
  • 3. One hour later…… We now have 60 sales goals instead of one! spread across 5 sales executives and 12 months In just two hours we have managed to divide the simple team sales goal into 60 sub goals
  • 4. One month later….. Ask your sales executives the following question; As of today, how much do you need to sell to achieve this months sales target?
  • 5. Phew, they answered correctly. That’s a good sign anyway, isn’t it?
  • 6. Now, ask your sales executives this next question; As of today, how much do you need to sell to achieve this years sales target?
  • 7. As of today, how much do you need to sell to achieve this years sales target? Well, did they answer the question immediately without looking at a spreadsheet or sales report? Is this not the main goal for your sales executives?
  • 8. Monthly sales targets may be flawed for the following reasons;
  • 9. When sales are slow, a sales executive has 12 monthly opportunities to fail instead of one annual opportunity to succeed. Imagine what this does to self confidence.
  • 10. When a monthly sales target is missed, the sales executive can reset the clock and start again next month, with the fools promise of making next months target. But that’s not the goal, the goal is to achieve
  • 11. Monthly sales targets are not aligned to the buying process. Why have monthly targets for sales that can take 6 months to close?
  • 12. Monthly sales targets really complicate commission structures. Were monthly sales targets introduced to coincide with payment of monthly commissions?
  • 13. But most importantly, monthly sales targets hide the ONE clear goal, the ANNUAL sales target. This contributes to sales failure Check out “Unlock the power of your salesforce” by Bill Dettmer for more on
  • 14. What’s the alternative to monthly sales targets?
  • 15. Alternatively, you could put a system in place that measures sales progress based on the ANNUAL sales target, not monthly sales targets. Then test your new system by asking; As of today, how much do you www.beyondtargets.com need to sell to achieve this years