The MedMen Show: Fast, Smart Insights for B2B Sales Professionals

Sales Metrics: Everything Reps Get Wrong (and How to Fix It)

4 snips
Oct 6, 2023
The podcast explores the difficulties and misunderstandings surrounding metrics, emphasizing the potential for differentiation through mastery. It discusses the significance of metrics in relation to stakeholders and business goals, highlighting the need to align them with individual interests and overall objectives. The importance of considering metrics throughout the customer lifecycle is emphasized, along with the pitfalls of relying solely on customer metrics.
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INSIGHT

Difficulty Of Metrics Is An Advantage

  • Metrics are difficult but that difficulty creates a competitive edge for sellers who do them well.
  • Andy and Pim stress that precise, evidence-backed metrics differentiate you when competitors skip the hard work.
ADVICE

Avoid McKinsey Level Expectations

  • Don't try to be McKinsey-esque by inventing overly detailed reports without doing the work to gather evidence.
  • Pim warns sellers to avoid expecting instant, consultant-level numbers and instead do the heavy lifting to uncover metrics.
INSIGHT

Ask Who Actually Cares About Each Metric

  • A single metric rarely convinces an entire buying organization because multiple stakeholders care about different outcomes.
  • Andy emphasizes asking 'Who cares about this?' and linking each metric to the stakeholder's pain and business initiative.
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