|
Baseline Selling Tip - 10 % Improvement Could Mean 50% More Income
As we start the New Year we think
about what we can accomplish this year that we didn't accomplish
last year. We think about earning more money, closing more
sales and being more effective and efficient. How would you
like to easily increase your earnings by 25% - 50% this year?
It's not difficult and you don't have to change.
All you have to do is commit to being
10% better at everything. Think about it.
10% more conversations.
10% better at converting conversations to appointments.
If you have 15 conversations per week and get 5 of those to first
base then a 10% improvement in these two areas would mean 75
additional conversations per year and at 36% instead of 33%, would
mean an additional 47 appointments per year.
Let's see what would happen if you
are 10% more effective getting your opportunities to 2nd base, 3rd
base and at closing. Let's say you are closing 25% of the 250
opportunities that reach first base or 62 per year. This year
you have 297 opportunities and if you close 10% more, or 28%, that
would be 85 sales.
Now, let's see what would happen if
you increased your average sale by 10%. Let's pretend that
your average sale was $8,000 and this year it is $8,800. Last
year you would have closed $496,000. This year you'll close
$748,000, an increase of nearly 50%.
Now, let's assume that you were being
paid 15% commission. Last year you earned $75,000. This year,
you'll earn $112,000!
So in summary, if you commit to being
10% better at everything you do in sales, those 10% improvements can
add up to a 50% increase in revenue and income.
Need help with your 10% improvements?
There are plenty of them in Baseline Selling and the Baseline
Selling Field Guide.
|