Insurance Sales – Do You Have a Strategic Sales Action Plan?

Insurance Sales – Do You Have a Strategic Sales Action Plan?

Do you want to shake up your sales results? It’s time to rethink you’re approach and come up with a plan that will produce results. A strategic sales action plan provides an implementable quantifiable path to significantly improve your results.

Let’s begin by identifying the key elements of a strategic sales action plan. The key elements of your strategic sales action plan include: the value you provide, your unique market position, your marketing plan, your sales plan, and your follow-up plan. Each element is critical, but you want to develop or review them in a specific order.

Start by identifying how creating the value that you will provide that people are willing to pay money for. This very simple concept is often overlooked, but people will buy from you if doing so is more valuable than buying from someone else like a competitor. And please realize that this value must be provided by you not the company whose products or services you may be selling.

You as an individual sales person need to establish your position in the market. Otherwise you’re just like everyone else and there isn’t any advantage to buying from you. There are numerous ways to position yourself, but you may want to start by considering: your areas of expertise, who you work with, what you do for the people you work with, speed, quality, etc.

You need a marketing plan to market yourself to the people you want to sell to. A marketing plan isn’t just a list of random marketing activities you plan to do hoping to get results. A marketing plan is the overall plan you devise to generate a specific number of qualified leads that you can consistently and predictably repeat. And every action on your marketing plan must be track-able and measurable so you can make adaptations and improvements.

You’re most familiar with a sales plan. Your sales plan should specifically tell you how you will proactively move the qualified leads entering your sales funnel into buyers. And you should be tracking each phase making adaptations and improvements.

Do you have a follow-up plan for building and extending the relationship you’ve started generating more business and referrals? That’s the whole point of a follow-up plan. Once you start a relationship with a buyer you want to at least maintain the relationship so they will buy from you again. And your follow-up plan should include sales coaching to help your loyal buyers to refer you.

Shake up your sales results by developing a strategic sales action plan to get the results you want. Of course, a plan in and of itself won’t produce the desired results. You produce the desired results by taking the actions you now know are the most effective actions and expecting your desired outcomes to follow.



Source by Cheryl Clausen

Comments are closed.