The LDP Sales Profile Report
describes how the individual's personal style impacts every step of the sales cycle. It
includes a report page for each of the sales cycle steps. Within each of these additional pages,
the individual's relevant LDP dimensions are discussed in relation to the specific step such as prospecting, closing etc.
On top of this, you can also
link the Sales Profile Report directly to a specific work style (you choose when you run the report). So, the report not only addresses how each style approaches the sales cycle, but it also shows how the individual matches a given work style & sales environment.
Identify Strengths and Coaching opportunities for every step of the Sales Cycle:
Development Points, unique to each profile, are helpful in facilitating individual sales coaching efforts. They are provided around the following steps in the sales cycle. The relevant LDP dimensions are also discussed in relation to the specific steps below:
A number of probing questions are also provided to guide the reader in considering the relative implications each style brings to a particular sales environment or organizational sales culture.
Selecting the right Sales Person for the right sales environment is often the biggest challenge a Sales Manager faces.
Whilst a CV outlines an applicant's' previous roles and experience and an interview can sometimes tease out strengths and weaknesses, it is often difficult to predict out an individual will perform at each stage of the Sales Cycle and within your particular sales environment. The Sales Profile Report provides the tremendous insight into the behaviours of the candidate across each step of the Sales Cycle. (Prospecting, Building Rapport, Discovering Needs, Presenting Solutions, Overcoming Objections, Closing the Sale, Servicing the Client).| Example cost at six months | |
|---|---|
| Base Salary including Super | $66,000 |
| Annual Sales Quota | $500,000 |
| Costs | |
| Recruitment Cost | $6,000 |
| Admin Costs | $5,000 |
| Training and Management Time (Assume 15% of your time based upon Salary of $120,000/2) | $9,000 |
| Salary Pro-Rata | $33,000 |
| Lost Sales Potential(Assume 50% of Quota) | $250,000 |
| Replacement Cost,Recruitment, Admin, Management Costs - 6 Months | $20,000 |
| Total | $303,000 |
| The cost of a 'Bad Sales Hire' | ||
|---|---|---|
| Lost Opportunity | Management Time | Administrative Costs |
| Missed deals | High maintenance | Separation processing |
| Lost deals | Less time for top performers | Discipline & termination |
| Vacancy Costs | Training Costs | Customer Costs |
| Missed opportunities | Require more training | Customer complaints |
| Inadequate coverage | Slower time to productivity | Satisfaction erosion |
| Replacement Costs | Employee Morale | Competitive Advantage |
| Recruiting | Lower team achievement | Lower ROI on employee |
| Management time | Resented by top performers | Lose opportunity for star |
The LDP Sales Profile allows you to predict success more accurately.
Where the power of LDP really shines is via the ability to automatically map an individual's personality to a scientifically prepared correlation between work style and performance. By profiling existing team members and correlating behavioural traits with work performance, a sales manager can map successful performance personality traits to new applicants The Report provides insight through the Achieving and Relating dimensions to predict their suitability to the culture of the rest of the team.
The LDP Sales Profile, together with 15 additional reports, is available, from a single survey taking typically less than 15 minutes, either on-demand for your occasional use or as an unlimited use annual licence.
Contact us today to gain a complimentary trial and to discover just how cost effective the LDP Sales Profile can be for your business, however large or small.
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Sample Sales Profile Report |
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