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Top 5 Reasons Deals Don’t Close #4: No Pain No Sale

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Manage episode 357976118 series 2924659
Content provided by Pete Oliver / SaleFish, LLC, Pete Oliver / SaleFish, and LLC. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Pete Oliver / SaleFish, LLC, Pete Oliver / SaleFish, and LLC or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

If you don't uncover the emotional reason to buy, it is unlikely you will get the sale.

Sales reps must ask themselves: "in my discovery process, have I gotten beyond superficial pains to gain a clear understanding of the business impact and/or the individual’s personal impact?*

How does this show up within our opportunities?

  • Smaller deals or deals focused entirely on price (this for that)
  • Limited scope deals
  • Lost deals; notably to doing nothing

What can I do to prevent this from happening?

  • Build urgency by understanding the difference between ‘symptom’ (what) & pain (why).
  • Design a solution grounded on solving a customer problem / business outcome.

Time Stamps:

* 1:30 - Pain Iceberg, Why aren’t we getting to impact?
* 5:30 - Rushing to the present
* 7:40 - Self Reflecting on Your Pain Step
* 12:30 - UFC before Pain + Open Ended Questions
* 17:40 - Using CIGAR: Amateur Reps and Helping them Climb

  continue reading

24 episodes

Artwork
iconShare
 
Manage episode 357976118 series 2924659
Content provided by Pete Oliver / SaleFish, LLC, Pete Oliver / SaleFish, and LLC. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Pete Oliver / SaleFish, LLC, Pete Oliver / SaleFish, and LLC or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

If you don't uncover the emotional reason to buy, it is unlikely you will get the sale.

Sales reps must ask themselves: "in my discovery process, have I gotten beyond superficial pains to gain a clear understanding of the business impact and/or the individual’s personal impact?*

How does this show up within our opportunities?

  • Smaller deals or deals focused entirely on price (this for that)
  • Limited scope deals
  • Lost deals; notably to doing nothing

What can I do to prevent this from happening?

  • Build urgency by understanding the difference between ‘symptom’ (what) & pain (why).
  • Design a solution grounded on solving a customer problem / business outcome.

Time Stamps:

* 1:30 - Pain Iceberg, Why aren’t we getting to impact?
* 5:30 - Rushing to the present
* 7:40 - Self Reflecting on Your Pain Step
* 12:30 - UFC before Pain + Open Ended Questions
* 17:40 - Using CIGAR: Amateur Reps and Helping them Climb

  continue reading

24 episodes

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