Sales velocity is the best single metric to assess, guide, and improve B2B sales performance. By providing a clear, simple way to organize the essential factors that will drive this year’s and next year’s revenue growth, it helps sales professionals and their leaders focus on achieving their goals. There are four levers that enter into the formula, each one of which increases sales velocity:
- Increase the Number of Qualified Opportunities
- Increase the Average Deal Value
- Increase the Win Rate
- Reduce the Length of Sales Cycles
Value Selling is the best way for B2B sales teams to impact all four levers of the sales velocity formula, and as a result, improve their overall execution and performance. In this white paper, we dig into the data and make the case for value selling based on the transformational impact it has on B2B sales outcomes, as measured by sales velocity.