Sales Gravy: Jeb Blount

← Sales Gravy: Jeb Blount28 okt · 14 min

Losing Deals to Your Competitor? How to Break the Status Quo (Ask Jeb)

Losing Deals to Your Competitor? How to Break the Status Quo (Ask Jeb)28 okt14 min

When every product in your market looks the same, the only way you win is for your competitor to lose.

In this episode of Ask Jeb on the Sales Gravy Podcast, Jeb Blount takes a question from Jen, a 20-year sales veteran who moved from TV into digital advertising and has watched three deals in a row end with the prospect sticking with their current provider.

Jeb’s advice starts with the sales process. The buyer’s emotional experience is the most consistent predictor of whether you win, so stop fixating on the close and look at how you run discovery, how many commitments you ask for, and whether you can drive a wedge between the prospect and the incumbent. Sometimes the right move is to walk away before you hand your competitor your proposal. If you sell in a crowded market and keep losing to the incumbent, this episode will help you lay the groundwork for competitive displacement.

What You’ll Learn:

Why prospects stick with the status quo and what to do when you keep losing deals to no decisionHow to compete in a commoditized market where every company and product looks the sameThe five decisions buyers make before they choose to work with youWhy past customers, including accounts other reps once handled, are the best place to start prospectingHow adding steps to your sales process builds buyer commitment through the investment effectWhy sending your detailed proposal too early can give the incumbent vendor everything they need to keep the accountHow to find out if a prospect is willing to changeHow to ask discovery questions that help prospects realize their current vendor is taking them for grantedWhen to walk away from a deal and focus your pipeline on high-probability opportunities-

Submit your question: salesgravy.com/ask

Purchase People Buy You by Jeb Blount: https://a.co/d/0eETyHhc

Grab your tickets for OutBound Conference

Follow Jeb Blount on LinkedIn

Our Sponsors:

* Check out Plaud AI and use my code JEB for a great deal: https://www.plaud.ai/jeb

Advertising Inquiries: https://redcircle.com/brands