Are you prepared to navigate through the complexities of involving multiple decision-makers in the B2B buying process?

The businesses’ buying process will involve around 6-10 decision-makers

Source
Outreach

Topic
Sales Strategy

Year
2021

Are you struggling to close deals despite having a great product or service? One possible reason could be the complex buying process in today’s business world. According to recent studies, the businesses’ buying process will involve around 6-10 decision-makers.

This means that you not only need to convince the primary decision-maker, but also the other stakeholders who may have different priorities and preferences. It also means that you need to understand each decision-maker’s role in the buying process and tailor your approach accordingly.

So, how can you navigate this complexity and increase your chances of closing a deal? One effective strategy is to identify and engage with all the decision-makers early on in the sales process. This way, you can understand their needs and concerns, and address them proactively.

Another strategy is to leverage your existing network and relationships to gain access to decision-makers. Referrals and recommendations from trusted sources can go a long way in building credibility and trust.

In light of the high number of decision-makers involved in the B2B buying process, sales professionals need to develop a comprehensive strategy for engaging with all stakeholders. This may involve leveraging technology to personalize communications, conducting in-depth research to understand the needs of each decision-maker, and providing targeted solutions that address their unique pain points. By taking a holistic approach to the sales process, businesses can build stronger relationships with their customers and improve their chances of closing deals.

More 2021 Stats

After COVID, 56% of sellers prefer working remote full time.

Companies that are experiencing the most growth generate 40% more of their revenue from tailored engagements than those expanding slowly.

It takes an average of 8 interactions to secure a meeting with a prospect

Remote Sales Management: 67% Find It More Challenging Than Expected

Analysts found that close to 80% of B2B buyers have already defined their requirements before talking to a rep and prefer evaluating digital resources to in-person presentations.

74% of CSOs report they have recently or are currently updating their seller skills profile for virtual selling, and 61% of CSOs are already investing in new technology to enable virtual selling.

83% of Sales Professionals Report Working on Weekends

Over 66% of sales pros report their team will stay remote or work in the office part-time in the future.

28% of B2B organizations now have hybrid sales roles

A study by GetAccept revealed that sales reps experienced a 40% improvement in win rates when using online proposal software.

More Sales Strategy Stats

84% of B2B buyers start the purchasing process with a referral

Remote Sales Management: 67% Find It More Challenging Than Expected

32% of sales reps spend an hour or more on data entry every day

97% of sales leaders and sales operations pros say AI gives reps more time to sell

Email is almost 40 times better at acquiring new customers than Facebook and Twitter

55% of sales reps say budget is the most common reason a promising deal falls through

71 Words per Minute: The Surprising Speech Speed of Top Performers, Who Speak 6% Slower Than Their Peers

81% of people prefer to open emails on their smartphones

It takes an average of 8 interactions to secure a meeting with a prospect

41% of companies struggle to quickly follow up with leads

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