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

Only 60% of sales reps meet quota

91% of salespeople have indicated they don’t want to return to full-time office work when asked about their future career plans.

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

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

66% of teams were satisfied with the results that they are getting from using custom-recorded video in their sales processes.

31% of sales pros find no significant difference between selling remotely and in-person

According to a research conducted by Salesforce, 61% of sellers say it’s harder to sell virtually.

In 2021, digital lead generation advertising spending in the United States was estimated at 4.6 billion U.S. dollars.

69% of buyers have accepted cold calls from new providers

49% of teams are using video as part of their sales process.

More Sales Strategy Stats

72 percent of business leaders said that sales tool integrations are essential to retaining business and beating the competition.

77% of B2B buyers reported that their latest purchase was either “Difficult” or “Very Complex”

41% of companies struggle to quickly follow up with leads

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

85 Percent of Consumers Conduct Online Research Before Making a Purchase Online

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

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

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

Why 40% of Sales Professionals Didn’t Achieve Their Revenue Goals in 2020

92% of consumers trust referrals from people they know

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