article thumbnail

How Millennials Impact the Buying Cycle: What You Need to Know and How to Adapt

Openview

AM: Your research indicates over 40% of millennials are either making the buying decisions or influencing them today. What does this mean for marketing and sales tactics? AD: That’s right, marketers and sales reps need to get ahead of the game and start to adapt to this new environment.

article thumbnail

Use These 2 Examples To Uncover Prospect Needs

MTD Sales Training

It may sound something like this: “Tom, many businesses in the construction industry have been able to save over 15% in their long-term buying cycles by using our preferred supplier status discounts. Both these examples use ‘benefit-statements” and a quick-fire question to follow up. Is that something you’d benefit from too?”

Examples 120
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 New Rules for Selling to Prospects Late in the Buying Cycle

SBI

It is not uncommon today for decision makers to avoid talking with a salesperson early in the sales cycle thinking, somewhat erroneously, that they are able to diagnose their own needs and to then seek and find the best solutions through their own investigation. And that, all too often, is at the end of the buying cycle.

article thumbnail

How AI Can Accelerate Sales and Bridge the Marketing Gap

Sales and Marketing Management

This transformation is permeating all areas of the enterprise – from marketing to sales to product development and even finance and human resources. However, sales is also an area ripe for innovation when it comes to AI-powered solutions. While sales drives the bottom line, marketing helps sales find and qualify leads.

Marketing 274
article thumbnail

Letting Our Customers Ask Us The Wrong Questions!

Partners in Excellence

It’s SKO season, yesterday I was leading a discussion with a great sales team. If they have very little experience in buying these solutions, it may be better to back them up, asking them about what they are trying to achieve? For example: What are the issues that are causing them to look at a change?

Customer 122
article thumbnail

How to Recognize and Respond to Buying Signals (and Close More Deals!)

Zoominfo

By definition, buying signals are the actions potential customers take that indicate they’re close to making a purchase. They’re customers’ verbal buying signals—the cues your sales agent homes in on when talking to a prospect. Your marketing and sales teams need both. How to spot buying signals.

Lead Rank 309
article thumbnail

MBO Examples to Kickstart Your Sales Team Engagement

Xactly

Management by Objectives, aka MBOs, are goals set for employees to improve overall sales performance, as agreed up on by sales manager and rep. MBOs can be an extremely useful tool in addition to your sales commission structure because they give each rep individual goals to strengthen the overall sales organization.