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