Why Buyers HATE Your Sales Process | Jake Dunlap | Ep. 288 (Sell)
Feb 18, 2025
auto_awesome
Jake Dunlap, CEO of Skaled Consulting and former VP of Sales at Glassdoor, shares his insights on modern sales tactics. He introduces the VEX Scale to tailor approaches based on buyer awareness. Dunlap emphasizes the importance of understanding a prospect's journey through proactive communication. He advises skipping basic discovery for informed prospects and suggests maintaining focus and clarity when new stakeholders join calls. This approach aims to nurture relationships and streamline the sales process for better outcomes.
Sellers must classify prospects using the VEX Scale to tailor their sales approach based on each buyer's familiarity and readiness.
Effective communication through pre-call emails helps sellers understand buyers' journeys, promoting tailored discussions that efficiently address specific needs.
Deep dives
Understanding the Buyer Journey
A crucial aspect of sales is recognizing where a prospect stands in their buying journey. Prospects can vary significantly in their familiarity and readiness to purchase a solution, which necessitates different approaches in communications and meetings. For instance, treating a completely cold prospect should be fundamentally different from handling someone who is ready to buy and familiar with competitor offerings. By identifying whether a prospect is vetted, educated, cold, or prefers self-service, sellers can tailor their engagement strategy to align with where the buyer is specifically in their journey.
Preparing for Calls Effectively
Preparation for initial meetings involves sending a pre-call email that encourages prospects to share their current position in the buying journey. This pre-call outreach is vital for tailoring the subsequent discussions according to their specific needs and readiness. Additionally, incorporating subject matter experts or sales engineers in these conversations can enrich the dialogue, especially if a prospect expresses existing knowledge of competitor products. By engaging at the right level and leveraging expert insights, sellers can enhance their credibility and facilitate a more productive discussion.
Moving Quickly in the Sales Cycle
When dealing with prospects who are further along in their buying journey, it's essential to maintain momentum while addressing their needs efficiently. This can involve compressing the discovery process, allowing for a quicker transition to proposals or demonstrations while ensuring that critical questions about their requirements are adequately addressed. For example, if a prospect is approaching a renewal with a competing product, the seller should focus the conversation on identifying gaps in the competitor's offerings. This strategic approach can fast-track the path toward closing the deal by aligning offerings with expressed priorities.
Utilizing Asynchronous Communication
Asynchronous video communication is emerging as a valuable tool in the sales process, particularly for addressing frequently asked questions from prospects. Many buyers prefer receiving information through short, informative videos rather than engaging in live calls for basic inquiries. Creating a library of these resources can significantly reduce the need for back-and-forth meetings, ultimately speeding up the sales cycle. By leveraging diverse communication modalities, sellers can cater to the preferences of various buyers while efficiently guiding them through the decision-making process.
Understand the VEX Scale: Classify prospects as Vetted (using a competitor), Educated (familiar but undecided), Cold (new to the space), or Self-Service. Tailor your approach accordingly.
Ask About Their Journey: Send an email upfront asking where they are in their learning process. This helps you position the conversation at the right level.
Skip Basic Discovery for Vetted Prospects: If they already use a competitor, focus on their current solution’s gaps and ideal outcomes instead of re-explaining the category.
Avoid Restarting Discovery: When new stakeholders join later calls, recap prior findings first, then ask how those problems impact their specific role.
JAKE'S PATH TO PRESIDENT’S CLUB
CEO @ Skaled Consulting
VP Sales @ Nowait, Inc. (acquired by Yelp)
Head of Sales & Customer Success @ Chartbeat
Vice President of Sales, Success, and Sales Operations @ Glassdoor