At what point do you throw in the towel?

Hey everyone - I’m seeking advice from senior reps and sales leadership. I’d stretch your legs before you sit on the toilet to read this one - she’s LONG!

For some context: I work for a mid-sized company that sells a solution on one side of the house (Side A), and my side sells the data behind the solution to another separate market (Side B). My team (4 sales + 1 product + 1 engineering) is significantly smaller than Side A, with significantly less resources despite being the ONLY consistently profitable sales team in the company. Anything we need we have to do ourselves or else it doesn’t get done. 

In December 2021, we got news that we were (finally) getting an addition to the data after the team + prospects/customers asked for it for over a year prior. I explicitly remember my boss stressing that we NEEDED to start building pipeline around this new addition, so I did.

First the completion date was estimated for EOQ1 (22), then April at the latest, then June, then DEFINITELY by July, then no later than Q3, to now: the team isn’t totally optimistic about 2022 at all. I got sent to a conference that solely had buyers for this new addition, built over 6 million dollars in pipeline (this is only 20% of expected actual revenue), networked and have become a subject matter expert since December. Because of the continuous delays, I’m starting to now lose deals that are just fizzling out.

So, sure, shit happens and products get delayed all of the time (over the course of two years though?? Come on). I wish I could say “well you know the lift is heavy for our small team” but my team has confirmed that we HAVE this data in hand - they are waiting on developers to build out the mechanism in which the data becomes function “and it should be a short project.” Also, our product director has been fighting for our team tooth and nail the entire 8 years she’s been here. But like, if she can’t get resources to get shit done, what’s she supposed to do?

So why I’m making this post. In the time that just I have been waiting for this addition (December 2021), Side A has had several product updates and expansions (Side B literally hasn’t had an expansion or update since August 2020 - our UI looks like it was created in the 80s), an acquisition to, again, enhance their product, full product development, framing, marketing materials and roll out within the past 4 months set to roll out EOQ3 (we’ve been asking for a sales deck from marketing and updated white papers for over a year). 

I’m losing steam y’all. I’m losing big deals that are worth millions on multi-year contracts and could genuinely change the company. I believe in what I sell - it’s good and is genuinely changing the game in my industry. But we’re leaving the space of innovation now and getting passed up by our (multi-billion $$$) competitors. Work life balance is amazing. Industry is great. Colleagues are awesome. I’m paid well. I love my manager, SLT and ELT.

I learned a valuable lesson here: don’t sell something that isn’t completely finished regardless of who tells you to do it. If everything else is great, is this something that you would stick it out through? I love my job but I genuinely am considering jumping ship. 

🧠 Advice
💾 Product
4
Sunbunny31
Politicker
3
Sr Sales Executive 🐰
UGH. Why are they not investing in your side of the solution?
QueenSoopers
Opinionated
2
Account Executive
the most frustrating part is that i don’t even know why not.
Sunbunny31
Politicker
3
Sr Sales Executive 🐰
I used to see this at my former employer , when they'd go all in on an investment area that inevitably just failed to connect after a few years, and leave others to wait their turn. Once they even told us that they were not going to have us sell the one thing our group had at the time, because the replacement was "coming next quarter". This was met with utter rebellion from our group, as then we were all going to be on the "trust me" version of pipeline build with nothing to close for months. Intervention from a higher up manager fixed that, and it turned out that replacement solution took another TWO YEARS to come on the market, so thank goodness that decision was reversed. Even good places make head-scratching decisions. I'm sorry.
CuriousFox
WR Officer
3
🦊
YES. THEY. DO. 🤬
Sunbunny31
Politicker
2
Sr Sales Executive 🐰
Here's the best part - the product they wanted us to stop selling is still on the market, and they pulled the new version off the market.
Gasty
Notable Contributor
2
War Room Community Manager
NOW !
Fenderbaum
Politicker
0
Retired Choirboy🪕
Yes.
Pachacuti
Politicker
1
They call me Daddy, Sales Daddy
It never hurts to keep a couple irons in the fire. I check out indeed and LI jobs every couple weeks to just see what’s out there. If something interesting Pops up - I apply.

Every sales person should be doing that.
TennisandSales
Politicker
1
Head Of Sales
this is a pretty aggressive approach to actually apply to jobs every couple weeks.

but I do have a google doc called "future companies to work at" that is ALWAYS updated.

Im ALWAYS aware of where I would go, who I would talk too if I needed too. But im not applying unless I expecting to take the job.
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