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Esquadgroup
10 May 202104:43

Summary

TLDRCláudio, the director of Factory Softwares, introduces the concept of 'predictable sales' in this video. He explains how analyzing historical sales data can forecast future outcomes, using the example of a company aiming for a monthly sales target. By understanding conversion rates at each stage of the sales funnel, one can calculate the number of proposals needed to meet sales goals. Predictive analysis also helps in estimating the time for proposal-to-order conversion and determining the average ticket size to calculate new customer acquisition needs. This approach aids managers in making informed decisions, enhancing sales processes.

Takeaways

  • 📚 The video is about predictable sales, a concept in management to apply in the industry of scaffolding companies.
  • 🔧 It introduces the concept of 'preventive maintenance of production' as an analogy to understand predictable sales, which is about regularly monitoring machine components to anticipate maintenance needs.
  • 📈 Predictable sales involve analyzing historical sales data to anticipate adjustments or predict future events, aiming for a more controlled sales process.
  • 🎯 An example is given where a scaffolding company has a sales target of 250,000 reais per month, and the sales team missed the target in the last month.
  • 📊 The script explains how to use historical conversion rates at different stages of the sales funnel to determine if the current proposals will meet the sales target.
  • ✅ With a conversion rate of 25% for proposals to orders, the script calculates that 1 million in proposals is needed to hit the 250,000 reais sales target.
  • 🕒 Predictive analysis is also used to determine the time it takes for proposals to convert to orders, which can affect the timing of meeting sales targets.
  • 💰 The average ticket size of customer purchases is identified as a key metric to calculate the number of new customers needed to meet sales targets.
  • 📝 The script suggests using predictive analysis to calculate the number of new contacts that should be made, based on conversion rates and customer acquisition costs.
  • 📚 The importance of understanding sales funnel concepts, conversion rates, average ticket size, and customer acquisition costs is emphasized for effective sales management.
  • 🔗 The video encourages viewers to check out other videos for more information on these concepts and to subscribe for updates on future videos.

Q & A

  • What is the main topic of the video script?

    -The main topic of the video script is 'predictable sales' and how it relates to the concept of 'preventive maintenance' in production, with a focus on applying these concepts to the management of a sales industry.

  • What is the concept of 'preventive maintenance of production' mentioned in the script?

    -The concept of 'preventive maintenance of production' refers to the regular monitoring of the state of machine components to anticipate the need for maintenance, thus avoiding unnecessary maintenance actions.

  • What does 'predictable sales' mean in the context of the script?

    -'Predictable sales' in the script means analyzing sales components based on historical data to anticipate the need for adjustments or even predict future events, aiming to make sales forecasts based on past performance.

  • What is an example scenario provided in the script to illustrate the concept of 'predictable sales'?

    -The example scenario is a sales industry with a monthly sales target of 250,000 reais. The script discusses how, with historical data showing conversion rates at various stages of the sales process, one can predict whether the current proposals will be sufficient to meet the sales target.

  • What is the sales conversion rate mentioned for proposals in the example?

    -In the example, the sales conversion rate for proposals is 25%.

  • How does the script suggest calculating the volume of proposals needed to meet a sales target?

    -The script suggests dividing the sales target by the conversion rate to find out the volume of proposals needed. For instance, dividing 250,000 by 25% gives a proposal volume of 1,000,000.

  • What is the purpose of predictive analysis mentioned in the script?

    -The purpose of predictive analysis in the script is to help determine how long it takes for a proposal to be converted into an order, to understand the average ticket size of customer purchases, and to calculate how many new customers or contacts are needed to meet sales targets.

  • What is the interval mentioned for the conversion of proposals to orders in the script?

    -The script mentions an interval of 45 days for the conversion of proposals to orders based on historical data.

  • How can the average ticket size help in achieving sales targets according to the script?

    -The average ticket size can help in calculating how many new customers are needed to achieve sales targets, based on the conversion rates and the historical cost of acquiring customers.

  • What is the script's stance on the value of predictive analysis in managing a sales industry?

    -The script posits that predictive analysis is a valuable tool in managing a sales industry, as it can help identify demands, risks, opportunities, and strengths or weaknesses in the sales process, thereby assisting managers in making decisions.

  • How can viewers get more information on related concepts like sales funnel, conversion rate, and customer acquisition cost?

    -Viewers can get more information on related concepts by watching other videos on the channel, as suggested in the script, and clicking on the provided link.

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関連タグ
Predictive SalesMetal IndustrySales ManagementMaintenance StrategyPerformance ForecastingSales ConversionCustomer AnalysisMarket StrategyIndustry InsightsSales Planning
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