My Formula for Selling Success
1. Average sale in my business is $_____.
2. Percentage of commission/income I am paid per sale is _____%.
3. My average commission/ income per sale is $_____.
4. Prospecting Activity: Cold Calling
It takes _____ (number) cold calls to find one new qualified prospect.
5. I need to present to/meet with _____ (number) prospects to close one sale. In other words, I typically close/earn the business of _____ out of _____ prospects I am in front of. Therefore, my closing percentage is _____%. (Number of sales divided by number of prospects you presented to/met with.)
6. My annual income goal is $_____.
7. To attain my goal, I need to generate $_____ in average monthly income. (Yearly income goal [step six] divided by 12 months.)
8. I require _____ (number) monthly sales to produce $_____ [step seven] in average monthly income. (Average monthly income [step seven] divided by average commission/ income per sale [step three].)