How to Forecast with Channel Sales - Global Sales Mentor | Zach Selch

Zach Selch shows how to forecast international channel sales using a funnel system where distributors log opportunities that roll up through regional managers. He hit 93% accuracy across tens of millions in sales, beating a domestic colleague who skipped the funnel.
Chapters
I don't have a lot of people I can talk business with because what I do is so esoteric, you know, international channel sales management. But I had dinner last night with a friend who's a channel sales specialist, and we were talking about forecasting because that's what you talk about with friends like that. And we were talking about how hard some people found it to forecast channel sales, and people would just say, well, it's impossible, you can't forecast No, it isn't impossible. You can do it. You just have to use the right system. And what I've used for years is a funnel system. The same way you use a funnel for your own sales or for your direct sales team. You basically put together a funnel, all the different steps of the sales process. You ask all the salespeople from the distributors to keep up their projects within the funnel, pass those to their managers. You have the distributors pass them to your regional managers, your regional managers pass them to you, boom, you have a funnel that you can forecast from. In my last company, I was dealing with tens of millions of dollars in sales, hundreds of purchase orders with 93% accuracy in terms of being able to take these things from the funnel and put them into an accurate forecast for my manufacturing, for my finance, for everybody. And my colleagues who also handled channel sales, but domestically, he had Much lower level of accuracy in terms of his forecasting just because he wasn't using a funnel system. And when we talked about it, he says, you know, it's impossible to use a funnel system like that. I said, no, it isn't. You just have to push the distributors, teach them. They're gonna like it too because it's gonna make their life more accurate. It's gonna make their sales work better. So remember, when you're ready to grow your international sales, contact us. We can help. When you decide it's time to grow your international sales, Call us.
More from Zach

Red Stafstrum is our guest on conversations that drive global sales growth - an introvert sales star

Amy Bosco award winning global sales leader talks about distributor engagement driving sales growth








