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For sales teams, there’s simply nothing worse than progressing a deal through the pipeline only to have a no-go objection come up at the 11th hour. Move the deal back to an earlier stage where the objection should have been addressed, which involves re-engaging other stakeholders to resolve it.
We learned very quickly that the biggest obstacle to closing new business isn’t the objections themselves, it’s how the team manages the objections. The key to effective objectionhandling is using a question-based framework that puts the prospect at ease. Why is objectionhandling important?
Prioritize training resources on what skill sets you need to develop, such as strong communication, negotiation and objectionhandling, as well as skills unique to any specific complexities of the sales environment. Automation keeps deals flowing through the sales pipeline more quickly by taking care of repetitive tasks.
In selling, there is no end to the tools that claim to provide coaching, performance reporting tools, conversational intelligence, role play tools, social selling, prospecting/customer engagement, negotiation, objectionhandling, closing, time management. And this is exacerbated by all the AI adaptations and LLMs.
This article outlines actionable steps for leveraging AI tools, such as Salesforce Einstein , HubSpot AI , and Pipeliner CRM Voyager AI Gen2, to automate these tasks. AI tools like Pipeliner CRM Voyager AI Gen2, Salesforce Einstein, and HubSpot AI can automatically capture data from emails, calls, and meetings.
Starting May 25th, the impact of GDPR on sales and marketing teams could force you to experience a serious pipeline drought. That means the impact of GDPR on sales will put a number of meetings and qualified opportunities that come into your pipeline at risk of being cut in half. Zoom in on the deals that make up your pipeline.
Raise the performance bar: Actionable feedback helps reps refine their sales techniques, objectionhandling , sales presentation skills, and pipeline management. Build a culture of collaboration: Regular conversations align staff and sales leaders and boost morale via team collaboration. Id like help there.
Your sales and marketing teams may experience a serious pipeline drought when GDPR (General Data Protection Regulation) goes into effect on May 25. That means the number of sales meetings and qualified opportunities that come into your pipeline is at risk of being cut in half. 1) Evolve from “Pipeline Management” to “Deal Execution”.
Welcome to the definitive guide to sales pipeline management! This guide provides a high-level overview of all things pipeline-related, including: Why is a sales pipeline important? What are the sales pipeline stages? Sales pipeline definition. What are the sales pipeline stages? .
Cold Call ObjectionHandling – Outreach (is gated). Expand Your Pipeline. How great will you feel when you connect with the right buyers and have a strong conversation today? Here are a few great resources we like. Cold Calling Tips from Gong’s research – 17 Proven Techniques. 21 Cold Calling Secrets From the Sales Masters.
If your CRM records are dominated by close ended data, you’re likely losing out on a lot of pipeline and closed deals. Opportunity focused questions At the end of the day, you’re looking to fill your pipeline with more opportunities. The same is true in sales. What concerns do you have about using [solution]?
We can spend a lot of time focusing on specific selling skills, for example questioning, probing, objectionhandling, presenting skills, closing skills. When we look at pipelines, there are a few key factors in our pipelines: Quality/integrity, volume, velocity. Do the math on what that means for pipeline coverage.
This tool acts as a virtual assistant that provides real-time guidance during sales calls, offering suggestions for objectionhandling, tailoring pitches, and delivering compelling messages. By acting as a virtual co-pilot, AI virtual assistants help sales representatives navigate complex customer calls with confidence and finesse.
When a manager asks about the pipeline, we don’t conjure up sewage systems, water or gas pipelines and the associated pumps and valves. The mindset of the customer is oriented around their businesses, goals, objectives. They are focused on how they work together to get things done to achieve their shared company goals.
.” When I ask, I get responses like: “Would you just give us the formula to [insert whatever you want--prospect, get meetings with execs, close, handle this/that objection, fill my pipeline.]?” People come to me for answers about how to handle specific situations.
Others look at skills like questions, objectionhandling, and so forth. If we focus on closing, we empty our pipelines and have nothing left to close. Some of the discussions drill down into an issue, for example the endless battle of social and other selling (would one call this anti-social?).
We still train our people the way we always have, providing them endless product training and sales skills training (prospecting, qualifying, need identification, proposing, objectionhandling, closing). But we don’t train them to have business conversations that are meaningful to the customer.
By understanding all the gives and gets along the way and matching them up, we can know exactly what to ask for, and when, in order to move the deal through the pipeline to closure — or get out before it’s too late. Just have a BIG FAT PIPELINE. RELATED: ObjectionHandling Techniques For Negotiating In Sales: How To Earn Your Worth.
Here are 5 ways to teach your team to handle rejections, objections, and losses, and come back up swinging. Practice objection-handling Prepare your sellers in advance on how to handleobjections before they are even stated. You feel the pain more when your pipeline is soft. The next win.
Have you listened to our live show, Sales Pipeline Radio? This time we hear from Jeb Blount in an episode we call “Sales ObjectionHandling from the Master: Insights from Best Seller Jeb Blount” Jeb is a best selling author of nine books and the CEO at Sales Gravy. I’ll help you keep your pipeline full.
Sometimes they are, with imposter objections, — four deadly objections that masquerade as small talk. Find out what they are in our Uncensored ObjectionHandling Techniques: Your Guide for Turning Pushback into Pipeline.). Now all the customer’s objections are on the table where you can see them.
Internal teams don’t think in terms of “objectionhandling,” but they have skills at resolving differences of opinions, contention/conflict within their own organizations.
Sales is no different, we have our own vocabulary, terms like prospecting, qualifying, objectionhandling, pipeline, funnel, discovery, closing, quota. Along with those, we develop tools that help us with those things, for example, objectionhandling techniques, closing techniques, qualifying techniques, and so forth.
Your sales team can be amazing at discovery, presenting, and objectionhandling. But that doesn’t do them any good if they have a thin pipeline. This is why generating pipeline and prospecting is your next sales training priority. No pipeline, no glory. Sales Training #4: ObjectionHandling.
The sales pipeline should be three times the annual quota.” You might know this as the “3x Pipeline Coverage” rule. ” Then I became a chief revenue officer, and the pipeline suddenly became real. I’d sit down with sales reps for pipeline reviews , and we couldn’t answer the most basic question: “How big is big enough?”
I’ve seen numerous discussions around, “our people aren’t doing the prospecting needed to fill their pipelines, but if we compensate them on their prospecting efforts, we can incent them to do the work… ” Huughh???? How do we count the number of objections they get, so we can comp them on objectionhandling?
Late in 2015 we started producing a weekly radio program called Sales Pipeline Radio , which is live every Thursday at 11:30 a.m. Matt: Thank you very much everyone for joining us on another episode of Sales Pipeline Radio. We’re talking with Kristen Alexander, the CMO of Certain, today on Sales Pipeline Radio.
Introduction to Video Prospecting Using Video for Follow-up After a Meeting ObjectionHandling With Video The Proposal Video Asking for a Referral With Video Video Selling Basics When you want to make a video, you must start with the basics. That is why I suggest video to handleobjections is the best way to convert.
Objectionhandling. Gong eliminates some of the guesswork by using actual activity from both reps and buyers from more accurate forecasting (aka, pipeline analytics). Bonus: Check out our 7-Point Checklist For Airtight Pipeline Reviews and get your sales strategy up and running ASAP. . Sales resources. Team processes.
You must master the traditional selling basics, all the stuff like building relationships/trust, prospecting, pipeline management, deal/opportunity strategy, sales call planning/execution, questioning, qualifying, probing, presenting, objectionhandling, closing, oral/written presentation skills, and the myriad of foundation skills.
Sales reps are the engine that drives your pipeline. For example, one group of reps may need to refine how they approach roadblocks or objections in the deal cycle. This can be addressed with helpful content on objectionhandling when deals get to the negotiation stage. Want more sales enablement tips?
Starting May 25th, the impact of GDPR on sales and marketing teams could force you to experience a serious pipeline drought. That means the impact of GDPR on sales will put a number of meetings and qualified opportunities that come into your pipeline at risk of being cut in half. Zoom in on the deals that make up your pipeline.
It’s the most important metric to a Chief Pipeline Officer. Sales velocity measures the SPEED at which deals move through your sales pipeline, resulting in shorter sales cycles, higher conversion rates, and increased revenue generation. What is it? It helps you gauge the potential revenue associated with each opportunity.
Starting May 25th, the impact of GDPR on sales and marketing teams could force you to experience a serious pipeline drought. That means the impact of GDPR on sales will put a number of meetings and qualified opportunities that come into your pipeline at risk of being cut in half. Zoom in on the deals that make up your pipeline.
We train our people in competitive differentiation and objectionhandling. After all, since it seems the majority of organizations seem happy with 15-20% win rates, we just need to make sure our qualified pipelines are 5-7X our goals and that we are doing enough demand gen to fill those pipelines. And PLG???
Demos, objectionhandling, closing. They are committed to meeting target metrics such as the required volume of prospecting activity they need to perform daily — even when their pipeline is already humming or when they have just closed a major deal. Discipline can help keep pipelines flowing. Lead generation.
Building a High Performing Sales Culture – Training, Onboarding, Ramp, Comp Plans, Spiffs, Incentives, Pipeline Reviews. The Psychology Behind ObjectionHandling – Mastering the Sales Discovery Process – Crafting Winning Sales Decks & Demos. How to leverage SEO & Content Strategy to Build an Evergreen Lead Machine.
When you know the exact number of sales meetings that are booked, it’s easier to forecast the number of future opportunities in your pipeline. Follow-up is essential to converting them into real pipeline opportunities. . Watch these metrics to see whether your plan for improving your win rate works: Affected pipeline.
Be ready with responses to your prospect’s objections. RELATED: Check out our tips on objectionhandling. A sales manager has numerous roles within a business setting, and preparing a sales pipeline lies among the most important ones. A sales pipeline is a visual representation of a company’s sale process.
Sales training participants can also benefit from the advice and stories of the most successful reps at various points in the pipeline. This includes those who are good at cold calling, objection-handling, closing and cross-selling. Actionable takeaways. Avoid lectures or online webinars and get hands-on.
The outbound sales process generally adheres to the following sequence: Prospecting Research Connecting Needs Assessment Presentation/Proposal Follow Up Negotiation/ObjectionHandling Closing In outbound sales, sellers initiate the relationship and drive interactions with target B2B buyers. B2B Inbound Sales Process.
Leaving this responsibility for account executives to handle has historically resulted in lacking or over-inflated pipeline since even the strongest closers will fade in the face of constant rejection and seemingly random success. . They train you on how to introduce yourself, the company’s value prop, and objectionhandling. .
ObjectionHandling. Expand Your Pipeline. In a recent panel at LeadsCon with moderator Dan McDade and co-panelists Chad Burmeister and I proved there are 6 pillars to the “perfect pitch” Attention Grabber. The Shocking Value Statement. Listen Up & Learn. Motivate to Act. Increase Opportunities. Close More Deals.
Tuesday, December 10: Filling the Pipeline. 8 Tips: Keeping Your Pipeline Full. If you’re not constantly working to keep your pipeline full, you’ll find yourself scrambling to meet quota. If you’re not constantly working to keep your pipeline full, you’ll find yourself scrambling to meet quota.
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