Tag Archives: Decision Process

You’re wrong again, my friend

As my friend and business associate knows, the snarky title of this post is said with a smile…  He IS, however, a little off on his reasoning in a recent post of his own.  He begins by saying,
“Engaged in friendly, spirited banter with a business associate the other day. We had just returned from a [...]

Forget About “The Buyer’s Journey”

Don’t get me wrong. The notion of “The Buyer’s Journey” was a great leap forward – was. It remains extremely useful as a concept to prevent a “blinders on” focus on your sales process. Yes, you must have and follow a proven sales process; one that by definition is [...]

The King Of Financial Justification

Based on the analysis done by your team, the IRR for this investment is 67%.
Someone or something always comes out on top.  And as you might guess, it’s true for the financial analysis and justification a sales rep can prepare and present.  Internal Rate of Return (or IRR) enables a rep to use a single [...]

The Time Value Of Your Customer’s Money

Mr. Customer, the net present value of the investment I’m suggesting is $377,000.
That’s the translation of “Many companies like yours have found tremendous value is this service of ours” into the Universal Language of Business.  Just a tad more compelling, wouldn’t you agree?
This is the fifth post in a series about selling with [...]

3 Key Questions About Your Customer’s Decision Process

Knowing your customer’s decision process is critical, but not enough.  There’s also the requirement to understand decision criteria and what it is about those criteria that make them important.

Sales Rep Lame Excuse #83

“They just made an unbelievably poor decision.”
Did you ever watch a customer or prospect make a bad decision?  OK, dumb question…  We’ve all lost deals because the guy on the other side of the desk just flat didn’t do a good job of making the decision.  And because we hold the customer’s best interests near [...]

Synchronize Your Sales Process With the Customer’s Decision Process

Timing is everything!
Editors tell authors to never ever start a blog post with a cliché. Despite appearances, I always follow that advice, and here’s why the above – when applied to selling – is most definitely not a violation of that writer’s rule. Competition is intense. Depending on [...]