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Sales Stage Management Guide - First Round Review

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Sales leader Derek Draper shares the Stage Management Guide that boosted his team's performance metrics across the board. Read the rest of the story on First Round Review: http://firstround.com/review/this-sales-plan-moves-the-needle-on-every-success-metric/

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Sales Stage Management Guide - First Round Review

  1. 1. Sales Stage Management Guide STAGE 1 STAGE 2 STAGE 3 STAGE 4 STAGE 5 QUALIFY EDUCATE VALIDATE PROPOSE DECIDE (Buyer: Initial Interest) (Buyer: Education) (Buyer: Transfer of Ownership) (Buyer: Rationalize) (Buyer: Decide) Key Questions What is causing you to do something different? Why now? What are some challenges you're facing over the next 6 months? What are the top things you need this solution to deliver? Can you walk me through the internal process for contract review? How long does it take? Who is the actual signer? Are you familiar with DocuSign? Can you quantify this need for change? Assuming you find a solution provider, when would you like to be live? How does this compare with your current solution? Does the timeline that we set up still work? Can I answer any questions for you about the contract? What are the costs of status quo (what you're currently doing)? What are you doing to minimize the risks of falling behind competitors? Are there any remaining questions or concerns with regards to the product? Are we in agreement that the proposal we sent out works for you? Who from your team should be on the kick- off call? Who gives the final signoff on these decisions and what other members of the team are involved? What is the risk of not doing anything? Can you walk me through the buying process for your organization? What day / time works best for a kick-off call once we're all signed off? DICTATE NEXT STEPS! DICTATE NEXT STEPS! DICTATE NEXT STEPS! DICTATE NEXT STEPS! Activities: Complete Each Activity Before Moving to the Next Buying Stage Profile Customer Fit Confirm Need to Buy Detailed Demo Finalize Proposal Contract Signed Document MEDDIC in SFDC Timing / Implementation Date Buy-in from Decision Maker Tech Meeting & Sign-Off Onboarding Discussion Calendared Schedule Discovery Meeting Document Buy / Decision Process Send / Discuss Pricing Options Contract Sent CS Handoff Set and Send Agenda Competitive Landscape Complete & Review Timeline Legal Review Individual / Institutional Wins Identify Remaining Customer Needs Key Gives: Give These to the Customer Before Moving to the Next Buying Stage Discovery Call Agenda Initial Overview Success Stories Final Proposal / Contracts Thank You Note Company Overview White Paper / Case Studies Pricing Options / Proposal Support & Timetable CS Contact Intro Use Case -- DON'T GIVE PRICE Best Practices Implementation / Use Plan Access to CS Contact (if helpful) Onboarding Date Key Gets: Get These from the Customer Before Moving to the Next Buying Stage MEDDIC Confirm MEDDIC Confirm Buy Process Approval Process Signed Contract Org Chart / Access to Power Big Initiatives Redline of Implementation Plan Confirm Final Implementation Plan Other Opportunities? Timing / Cause Implementation Date Full Access to DMs Legal Review Past / Present / Future Plans Validate Internal Process Decision Y / N Agreement to Move Forward Referrals
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Sales leader Derek Draper shares the Stage Management Guide that boosted his team's performance metrics across the board. Read the rest of the story on First Round Review: http://firstround.com/review/this-sales-plan-moves-the-needle-on-every-success-metric/

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