Introducing S.C.O.T.S.M.A.N

The following is an explanation of the S.C.O.T.S.M.A.N. – a very basic, but nevertheless accurate forecasting and qualification system.

There are eight qualification elements that should be considered for each potential client. If you identify five or more areas which are positive, then the client is worth entering into the sales funnel and progressing further.

S.C.O.T.S.M.A.N. will not only allow you to identify potential buyers, but will also enable you identify areas which need converting in order to ensure that you achieve the sale.

Solution

  • Is there a solution you can supply and support?
  • Can it be matched within your company’s current portfolio?

Competition

  • Are you aware of who you are competing against?

Originality

  • Can you offer something original or unique to this potential sale?

Timescale

  • Are you aware of their timescale?
  • Is their timescale reasonable?
  • Does it fall within you own ‘sales cycle’ criteria?

Size

  • Is the potential order value worth the effort?
  • Is your company large enough to handle it?
  • Is the potential client of a size that you would normally deal with?

Money

  • Is there a budget allocated?
  • How much is it? Is it approved?
  • It is reasonable? Can you provide a decent solution for that amount?

Authority

  • Are you speaking to the right person?
  • Do they have the authority to make the decision?
  • Do you know who else is involved?

Need

  • Are you aware of all their needs?
  • Can you match them?

Summary

As the value of the product/service/solution increases, the depth of the qualification should increase proportionally. Equally, it is important to remember that qualification is an ongoing process – not a single event!

About Jonathan Farrington

Jonathan Farrington is a globally recognized business coach, mentor, author and sales thought leader, who has guided hundreds of companies and thousands of individuals around the world towards optimum performance levels. He is the Senior Partner at Jonathan Farrington & Associates, based in London and Paris, and also the CEO of Top Sales World. You can visit his award winning daily blog here: www.thejfblogit.co.uk