There are some common mistakes that salespeople make when they use a SWOT analysis for their commissions. Perhaps it is because salespeople are enticed by the vagueness of this idea, or maybe there is some other reason. Whatever the case may be, it does not mean that you should fall into these traps as well. Be aware of them so that you will not have to face the consequences of making those same mistakes.
Here are some common mistakes people make when using a SWOT analysis for commissions:
1) Making it too complicated
To avoid this mistake, you must be as simple as possible. You do not need a list that is several pages long with all of the complexities of your business. Instead, use a couple of simple lists that you can keep in mind while doing this exercise. You need to list out the strengths and weaknesses that you plan on using for your commissions. That is it; do not make things complicated if they do not have to be complicated.
2) Making things too broad
If you are going to list out the strengths and weaknesses, try not to go into too much detail about each one of them. You do not need a huge narrative that will be difficult for you to keep track of, nor do you need a long list of individual items on your lists. Keep it as simple as possible, and only list the most important things.
3) Not being creative enough
Another common mistake that people make is not being creative enough with their SWOT analysis for commissions. If you are going to try and use a SWOT analysis, this means you have to be able to think out of the box a bit more than usual. You may go beyond the usual strengths and weaknesses examples. Show that you are willing to try new things, and do not always follow the same path with your ideas. You have to show that you can come up with truly unique plans for this exercise or it will be difficult for you to make more money.
4) Being too vague
A common mistake when doing a SWOT analysis for commissions is being too vague about the results. Don’t robotically follow a SWOT analysis template. If you are not specific with this, then you will not get anywhere with it. Be clear in your thoughts and in your plans for this exercise or else it will be difficult to use it correctly. The more specific that you are with what you want, the easier it will be for you to achieve those goals.
5) Being too specific
One of the biggest mistakes that people can make is being too specific with their SWOT analysis for commissions. Sometimes you just need to give yourself some wiggle room as far as what you want and how much your efforts will pay off. If you do not allow yourself a few extra things here and there, you will not be as happy as if you do. Be specific about what you want, but also give yourself some leeway with those plans.
6) Not asking the right questions
What is a SWOT analysis for? Sometimes when people do a SWOT analysis for commissions, they will not ask the right questions. If you are going to use this exercise, then you have to be sure that it does not harm your efforts in any way. One of the worst mistakes is to go into something without knowing what is expected and how it will be judged. If you are not able to ask the right questions, then it will be difficult for you to use this successfully.
7) Focusing on others
Doing a SWOT analysis for commissions is all about focusing on yourself and what you want to do with your plans. Avoid getting caught up in other people’s ideas and what they want. If you allow yourself to be distracted by what others are doing, this will take away from the benefits that you could receive from using a SWOT analysis. You must focus on your own ideas and goals for this exercise or it will not work out as well as it should.
8) Not letting go of bad habits
It is important for you to let go of the bad habits that are holding you back. This means that you need to stop worrying about what other people think, stop trying to be someone who you are not, and do not always follow the most popular way of thinking. If you are afraid of change or are still doing things that hurt your chances of making money, it will be difficult for you to do a SWOT analysis.
9) Not doing enough research
If you are going to do a SWOT analysis for commissions, then you have to make sure that you know what you are talking about. Check out some SWOT analysis examples that are on Venngage. The more knowledge that you have about the subject at hand, the easier it will be for you to use this tool. Follow the guidance given to you here, and make sure that you know what you are talking about before going into it. You will not have much luck otherwise.
10) Not being organized enough
Finally, a common mistake when doing a SWOT analysis for commissions is not being organized enough. If you are not organized, this can lead to all kinds of problems. Make sure that you know what is expected and how it will be judged before moving forward with your plans. You may want to create a timeline for you to be organized about how you go about doing things so that you do not cause any problems for yourself in the future.
What is a SWOT analysis? It will help you manage your commissions better. To do a SWOT analysis for commissions, you have to avoid these common mistakes. Each of these can be harmful in its way, so just remember what they are and use that information to your benefit. Be careful when you do this or else it will not work out very well. If you avoid the mistakes listed above, you should do fine with this exercise.