Archive for the ‘Sales Process’ Category
Identifying Need: A Critical Part of the Sales Process
Tuesday, March 30, 2010 15:18 No CommentsDoes the solution fit their business need? If it doesn’t, you should probably go sell somewhere else. A company’s need for something is one of their most powerful buying motivators.
From the buyer’s perspective, need is the reason they have to buy something and must find an answer to solve their need. From the seller’s perceptive, [...]
Who Holds the Key to Your Sales Success?
Thursday, March 25, 2010 12:08 1 CommentFinding the decision maker and getting them to respond can be one of the hardest things a sales rep faces during the sales cycle. Sales intelligence data can give you insights on who the decision maker might be, what questions to ask, and how to respond to his or her questions. However, you can’t expect to [...]
Converting a Sales Lead into a Sales Opportunity Using BANT Criteria
Monday, March 22, 2010 15:35 2 CommentsBefore you start the relationship building process with prospects, you need to identify which of your prospects are hot and which ones are not. Using BANT (Budget, Authority, Need and Time) criteria, you can better qualify what leads you should go after. Originally developed by IBM, BANT criteria can help you determine if there’s a [...]
Sales Forecasting and Your Time: Wasteful or Worthwhile?
Monday, March 15, 2010 10:33 2 CommentsSales forecasts can be helpful for time management for sales reps, as they can highlight which accounts they should spend their valuable time selling to, and which accounts are not highly likely to buy.
Top 5 Sales Faux Pas
Wednesday, March 3, 2010 12:54 No CommentsWhile faux pas in the world of sales may not be as material as mismatching socks or flood pants, the implications of committing a sales faux pas are arguably more devastating. Committing these five “no-nos” will almost assuredly cost you the sale, or at the very least, will lengthen your sales cycle and hinder your ability to hit your quota.
