Method of assisting a sales representative in selling
First Claim
1. A computer implemented method of assisting a sales representative with prioritizing a plurality of sales opportunities, comprising the steps of:
- for each of the sales opportunities, determining with the computer a probability from a finite number of possible probability values that the sales representative will ultimately win the sale;
establishing, with the computer, a sales cycle time line for each of the sales opportunities and dividing each of the respective sales cycle time lines into a uniform number and type of selling phases;
for each sales opportunity, assigning, with the computer, a time-dependent priority value based on the determined probability values for the sales opportunity and the selling phase that the sales opportunity is in at the time that the priority value is assigned; and
providing on a visual display for the sale representative an indication of the time-dependent priority value assigned to at least one of the sales opportunities,the method also including establishing with the computer relative priority indices for each unique combination of possible probability values and possible selling phase, wherein said priority values are based on the relative priority indices.
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Accused Products
Abstract
A computer implemented method of providing feedback to a sales representative for a sales opportunity to a customer, comprising: determining, in dependence on information received from the sales representative, a probability that the sales opportunity will result in a sale by the sales representative; determining, in dependence on information received from the sales representative, a location on a sales cycle time line for the sales opportunity; assigning a priority to the sales opportunity in dependence on the location on the sales cycle time line and the probability that the sales opportunity will result in a sale; and rendering on a display a visual representation of the probability and the priority.
6 Citations
2 Claims
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1. A computer implemented method of assisting a sales representative with prioritizing a plurality of sales opportunities, comprising the steps of:
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for each of the sales opportunities, determining with the computer a probability from a finite number of possible probability values that the sales representative will ultimately win the sale; establishing, with the computer, a sales cycle time line for each of the sales opportunities and dividing each of the respective sales cycle time lines into a uniform number and type of selling phases; for each sales opportunity, assigning, with the computer, a time-dependent priority value based on the determined probability values for the sales opportunity and the selling phase that the sales opportunity is in at the time that the priority value is assigned; and providing on a visual display for the sale representative an indication of the time-dependent priority value assigned to at least one of the sales opportunities, the method also including establishing with the computer relative priority indices for each unique combination of possible probability values and possible selling phase, wherein said priority values are based on the relative priority indices. - View Dependent Claims (2)
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Specification