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Anatomy of the Stalled Deal

Anatomy of the Stalled Deal

November 6, 2016

We’ve all been there. All the right signs are there. You’ve even become friends with the buyer. While the deal gets delayed, you’re assured that they still want a solution. How many of these deals really ever close? The reality is, because your friend doesn’t want to be the bearer of bad news, they avoid it. As a sales manager, it’s easier to look at these more objectively than your reps. Identify those qualifiers, both quantitative and qualitative, and track them religiously. You’ll save yourself and your rep a lot of stress and focus on the deals that are real.

Anatomy of the stalled deal

So what are the things you can look at to eliminate these bad apples in your forecast? In addition to the duration of the deal cycle, here are a few. How many days since the proposal/quote has been delivered? While stalled, what new information is the rep obtaining in each meeting? Are they still asking for info or concessions? As the rep starts answering these questions, it should be pretty clear that they need to start finding more horses to hitch a ride with. However, if you track these things in your CRM, these deals should start sticking out like sore thumbs!

Jacob Kinsman

Business Operations Manager, Harcourts Real Estate 

If your team works from multiple locations. Any of your team work from home, if you’re looking for ways to reward success and to hold a mirror up to salespeople business, get Spinify.

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