This week's the 4th "What's Working Wednesday" - a peer2peer deal review group.
In <20 minutes Caroline and a bunch've other sellers analyze 1 deal that someone brings to the table.
It's a judgment-free zone. Everyone's looking to get better and spot risk in mid to late stage deals. The 4 point criteria we look at are:
1. What’s the MAP (mutual action plan) to close?
2. What relationships are built? (internally and externally)
a)Who’s their EB + your champion?
3. Is this deal tied to an urgent initiative? (Why now?)
4. What’s the ONE biggest risk to this deal?
Have a deal you'd like to talk about? Give a shout and I'll send a calendar invite your way.
#sales#dealreview#pipeline
This is awesome. We do this weekly as a team.
Always a productive session.
Each of us leave with ideas for our own deals, in addition to the deal in review.
AEs win Enterprise deals with my strategies I Coaching & Free Resources ➡️ krystenconner.com🦄 ex Outreach, Salesforce, Tableau 👉🏼👉🏿👉🏽 Click bell to be notified when I post 🔔
"From the first call to the final signature, closing deals isn't just about the product it's about understanding the pulse of the client, creating solutions, and navigating every obstacle with precision. Today, I’m proud to say I closed another deal, not just by selling but by truly listening. In the end, it’s not the transaction that matters it’s the relationship you build. Here's to many more successful partnerships built on trust, strategy, and execution. #CloserMindset#DealMaker#SalesExcellence"
Deal Makers, it’s your time to shine in the art of negotiation and connection. 🤝 Today's focus is on the Deal Maker profile—individuals who thrive on partnerships and deals. Check out our infographic to learn key strategies for Deal Makers to make the most of their natural talent for creating win-win situations. Are you a Deal Maker? Share how you’ve closed a deal that felt just right!
#WealthDynamics#DealMakerProfile#MasterOfDeals#ProfileTest
The biggest sales mistake? Pitching too soon.
Heard the pain?
Ready to pitch?
WRONG.
The biggest mistake sellers make?
→ Jumping into pitch mode too soon.
Before you pitch, ask yourself:
How big is the pain?
Is it keeping them up at night, or just an everyday inconvenience?
The answer could mean the difference between closing and losing.
Top reps are paranoid about their deals.
It’s why they’re so successful.
They’re like bloodhounds, sniffing deal risks a mile away
(and taking them out before it’s too late).
No more “unknowns.”
No more “sure things” slipping into next month.
No more money left on the table.
Only flawless deal execution with total visibility.
Losing larger deals?
Here are some of the most common things that can 'put a fork in it':
1. Pitching too soon
- Build rapport
- Understand their needs
- Only then present your offer
2. Not being unique
- Differentiate yourself from competitors
- Show what makes you unique
3. Lack of personalization
- Don't send generic messages
- Address pain points and personalize your offer
4. Not being patient
- Larger deals often take longer to close
- Stay persistent and follow up regularly
5. Misunderstanding budget constraints
- Focus on the value you bring, not just the cost
- Work with the client to find a solution that fits their budget
By avoiding these mistakes and focusing on building trust, adding value, and personalizing your approach, you can increase your chances of closing larger deals.
Losing larger deals?
Here are some of the most common things that can 'put a fork in it':
1. Pitching too soon
- Build rapport
- Understand their needs
- Only then present your offer
2. Not being unique
- Differentiate yourself from competitors
- Show what makes you unique
3. Lack of personalization
- Don't send generic messages
- Address pain points and personalize your offer
4. Not being patient
- Larger deals often take longer to close
- Stay persistent and follow up regularly
5. Misunderstanding budget constraints
- Focus on the value you bring, not just the cost
- Work with the client to find a solution that fits their budget
By avoiding these mistakes and focusing on building trust, adding value, and personalizing your approach, you can increase your chances of closing larger deals.
It sounds like the forums experienced here have been run badly and only serving a pricing purpose, also perhaps for transactional type of sales. Well run deal clinics, especially in solution selling should serve multiple purposes:
1) Interrogation of a deal qualification status, inherent risks to success, sales strategy to overcome, resources needed to continue. Enabling internal and client credibility for the Rep.
2) leadership endorsement and minimisation of conflicting priorities for all the cross functional teams supporting a bid. Get your deal to the top of the queue. Importantly, having no internal: relationship, pricing, feature/product, SME stone unturned before making the final play. Enabling a better win rate through client responsiveness and solution strength.
3) At crunch time, allowing more direct and unfiltered insight for Product, Ops, Commerical, etc teams on the suitability of the proposition, to continually refine and improve the standard offering and coaching them on the complexities of the sale process.
Including your non-sales leaders in (sales) methodology training and running a tight agenda in the clinics will minismise the unqualified and usually unwelcome ‘suggestions’ that can be a frustration. More importantly get the business working for you at full throttle.
Deal desks are a waste of time!
Gathering a bunch of people together who have no idea about the requirement, the customer, or your negotiating position, creates additional work for the salesperson. Rarely is value added.
Defenders of 'Deal Desks' say they add a layer of scrutiny to pricing being put into market. But there are mechanism in place for that already...
...The pricing book?
...The line manager?
Deal Desks just become political forums for people that don't have the necessary insight to 'stick their oar in' and slows down the responsiveness of the business.
What do you think?
#sales
Relationship mapping is essential, and when combined with the relationship capital built over time, it allows for a deeper understanding of stakeholder concerns—whether around quality, outsourcing, or data security. This is a great example of how leveraging these insights can drive targeted conversations during the RFP process, addressing objections before they even arise. 🎙️🤝
#relationshipcapital#b2brelationships#businessdevelopmentDr. Ryan O'Sullivan
When you get an RFP from a company you don't work with, what do you do?
Listen in to hear how Vikas Anand leveraged a relationship that his parent company had with this net-new prospect to get intelligence on the buying process and to understand the needs of the key stakeholders on the deal. It was a real master class in how to turn a cold RFP into a winning deal and at the heart of this success was having a strong champion.
I hope you enjoy this episode of Deal Talk with Dr. Ryan O'Sullivan which was sponsored by Introhive, a company that has a software to map firmwide relationships.
#relationshipcapital#b2brelationships
Poor discovery still remains the number one reason deals don't convert.
I speak to lots of founders every week who ask for my advice on reviving deals when it's too late...
The challenge I see is that there is WAY too much selling in the first conversations. There should be none.
It's so easy to miss the basics and default to pitch mode.
Here are my basics I've used over the years:
- Have a clear agenda
- Ask great questions
- Ask a LOT more follow on questions
- Actively listen
- Take notes
- Use a sales methodology
- Consult/summarise
- Book in next steps to show how you can help
- Send a follow up email
What else would you add?!
I help agencies specialize, simplify, and escape founder-led sales. 17 years in the agency space, inc. former CMO at Scorpion ($20 -> $150M in 6 years). Author of bestselling "Anyone, Not Everyone."
The key to closing more deals?
Lead with empathy, not features
Here's the gameplan:
1️⃣ Know your vertical buyer's top 3 pain points before the call
2️⃣ Share them early in the conversation
3️⃣ Ask which ones they're feeling right now
Why this works:
✅ Shows you understand their world
✅ Builds instant trust and rapport
✅ Lets them know you've solved these problems before
Example:
"Plumbing clients come to us when they're struggling with X, Y, and Z. Do any of these sound familiar?"
Then listen carefully.
Their answer is your roadmap to closing the deal.
Remember: People buy from those who 'get' them.
How do you use pain points in your pitch?
Share below. 👇
---------------------------
Hi! I'm Corey Quinn 🎯
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9moThis is awesome. We do this weekly as a team. Always a productive session. Each of us leave with ideas for our own deals, in addition to the deal in review.