The 3 hardest mistakes to come back from in enterprise sales...
We've all made them more than once!
1️⃣ "𝗛𝗮𝗽𝗽𝘆 𝗲𝗮𝗿𝘀"
↳ A sales persons second biggest nemesis (after gatekeepers)
You heard "a" problem that you know you can solve, but it's not THE problem that is the priority.
😩 You haven't created enough value, as a result, and the deal stalls, forever stuck half way through your pipeline, but you've put so much effort into it you aren't ready to give you.
✅ Either kill the deal or go back to the beginning - both are painful
2️⃣ 𝗚𝗲𝘁𝘁𝗶𝗻𝗴 𝗵𝗮𝗹𝗳 𝘄𝗮𝘆 𝘁𝗵𝗿𝗼𝘂𝗴𝗵 𝗮 𝗱𝗲𝗮𝗹 𝘄𝗶𝘁𝗵 𝗼𝗻𝗹𝘆 𝗼𝗻𝗲 𝗽𝗼𝗶𝗻𝘁 𝗼𝗳 𝗰𝗼𝗻𝘁𝗮𝗰𝘁
↳ You thought you had a champion, and so you didn't multithread
😩 Turns out they're a cul de sac - to insecure to intro you to others, but you feel you've invested too much time with them, and in the deal, to risk upsetting them
✅ Get your boss or an exec to make a direct outreach to additional contacts that you've identified as important.
3️⃣ 𝗨𝗻𝗱𝗲𝗿𝘄𝗵𝗲𝗹𝗺𝗶𝗻𝗴 𝗲𝘅𝗲𝗰𝘂𝘁𝗶𝘃𝗲 𝗺𝗲𝗲𝘁𝗶𝗻𝗴
↳ It may not have been a disaster, but you didn't get the sort of enthusiasm and engagement that you thought you would
😩 You went too high to early, hadn't really understood the hot topics for this exec, and didn't bring value. You couldn't answer the WIIFM questions (Whats in it for me?)
✅ Don't be in a rush to get to power. Take your time, really understand the value you can deliver to that individual before you book time with them.
Of all of these, number two is the easiest to avoid IMO.
5 contacts MINIMUM in any enterprise deal.
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Experienced Channel Executive with more than 20 years working for Distributors and Suppliers, focused on helping Partners Grow their businesses. Personal Motto: Nobody Gets Paid Until Somebody Sells Something!
4moAgree 100%. THis one resonated the strongest with me... Communicate with the customer — a lot. Enterprise sales is a marathon, so taking the time to check in with the customer regularly can go a long way in getting a deal done.