Hot take: Enterprise sales doesn't need business development

Sorry to hurt the BDRs/SDRs out there, but I've come to believe that large enterprise SaaS sales doesn't really need a robust business development team, if it needs one at all. Maybe I've not seen what a good BDR looks like, but I work at a leading company in my space and it seems like virtually all leads are inbound requests or RFPs put out by customers or consultants. I RARELY hear about a closed/won deal that started with a true cold call. We could probably eliminate at least 90% of the BDR roles here and not see much of an impact at all. Especially with all the meeting recording software and AI note taking tools we employ. Don't even need them sitting in the corner taking notes anymore.

BDRs are obsolete in enterprise software sales

Attached poll
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๐Ÿ”Ž Prospecting
๐Ÿ“ž Cold Calling
โ˜๏ธ Software Tech
16
RandyLahey
Politicker
9
Account Executive
This has become a lukewarm take.
Also great to see you back.
WOULD YOU EAT THE MOON IF IT WERE MADE OF RIBS?
jefe
Arsonist
7
๐Ÿ
Now I want ribs..
HVACexpert
Politicker
5
sales engineer
CUBS WIN!
HarryCaray
Notable Contributor
4
HMFIC
MINE'S THE SUN!!!
RandyLahey
Politicker
4
Account Executive
I ONCE TOOK A PAIR OF BINOCULARS AND STARED AT THE SUN FOR OVER AN HOUR!
CuriousFox
WR Officer
6
๐ŸฆŠ
HHHHHAAAAAARRRRRYYYYYYYYYYY
HarryCaray
Notable Contributor
3
HMFIC
Just stepped out for a pack of cigarettes. Told you I'd be back.
pirate
Big Shot
3
๐Ÿฆœโ˜ ๏ธ Account Executive
Agree
Phillip_J_Fry
Opinionated
3
Director of Revenue
It sounds like people already know your company though if prospects are reaching out to you, or partners are referring your product.
HarryCaray
Notable Contributor
1
HMFIC
yeah that's a big part of it. Don't think we need the "have you ever heard of us" or "this is what we do" kind of outreach anymore.
SoccerandSales
Big Shot
2
Account Executive
I see the point, and agree it probably makes sense to reduce BDR headcount at a lot of orgs. But if they take the frontline conversations and weed out the bullshit, it can be super helpful for reps with a big pipeline
HarryCaray
Notable Contributor
1
HMFIC
I think you're right. Cut down by like 90% and have the remaining folks weed out prospects who will never be qualified
wolfofmiami
Opinionated
1
๐Ÿบ
Definitely a benefit to have sdrs at a smaller lesser known orgs to have a larger outreach
MyAnonymousName
Opinionated
1
Sales Leader
I agree the BDR/SDR structure is going by the wayside, but I have never worked with a high performing ENT rep that did not do their own prospecting on a regular cadence.

I don't mean hammering out 50 cold calls or whatever BDR's are being told to do nowadays, but asking for referrals, engaging on LI, attending events, whatever you do to build your network pipeline with a 6-9-18 month mindset.
HarryCaray
Notable Contributor
0
HMFIC
I need to ask for more referrals from my clients, that's a good idea.
TheColdestColdCall
Executive
1
Enterprise Account Executive
Yeah I struggle with this having supported the enterprise teams as an SDR, it was generally easiest with customer accounts, where name dropping was the easiest way to open a door cold calling / emailing. That said, since moving to AE. Every deal Iโ€™ve closed has been inbound, and all handed off to me without qualifying. Itโ€™s just, set the meeting, and get your meeting credit and see ya later. All outbound strategy falls flat.

Customers are so well informed, the whole โ€œahhhhโ€ moment of a solid cold call rarely exists the way it did years ago.

I think great BDR/SDRs are worth it, but itโ€™s just so saturated idk if the ROI is there anymore.
HarryCaray
Notable Contributor
0
HMFIC
Well said
SgtAE
WR Officer
1
AE
*Key accounts and tenured reps.

It's not fair to put a BDR on an enterprise account and give them opportunity goals. I had account lists where the account's we're just the biggest banks in the country. Got them meetings with the C-Suite and they still wouldn't accept them until we had a demo running.
Worked for one AE who had killer accounts and didn't need my help, the guy won top rep like 3 yrs in a row.
Put them where they are better suited, new territories and MM
HarryCaray
Notable Contributor
0
HMFIC
since you are selling to banks, is it broken down by asset size?
Kosta_Konfucius
Politicker
0
Sales Rep
How do you win a RFP when your competitor created it? Assuming the idea to buy a very specifc technology wasnt Procurements idea
HarryCaray
Notable Contributor
1
HMFIC
my competitor created the RFP? not following...
Kosta_Konfucius
Politicker
1
Sales Rep
Typically a vendor helps create an rfp so if you donโ€™t they did
HarryCaray
Notable Contributor
1
HMFIC
I gotcha, yeah I've seen that maybe once or twice, but not typical in my space. Even still, not really what I'm talking about here. This post is focused on business development reps and their value to a firm.
Kosta_Konfucius
Politicker
0
Sales Rep
Waiting for the rfp to start conversations can cause you to lose those rfps. So this is saying you need BDRs to start proactive conversations, rather than be reactive

If your competitor has already met with the stakeholders and helped them build the list of questions

Also in my experience RFPs are usually 5+ vendors, so more competitive than a conversation started by a bdr

If its not common to build the rfp for them, at least the bdr gets you in front of the client earlier and its not when they are meeting with 5 other vendors
Also have you noticed less inbounds and rfps over the past year? How else are you supposed to get the same amount of opportunities without outbound, when inbound demand goes down
HarryCaray
Notable Contributor
2
HMFIC
My leads are virtually exclusively inbound. This is my point.
1
Merlo Product Specialist
I match my product up spec for spec on the RFP. Show everything where I win and where I lose.
SADNES5
Politicker
0
down voters are marketing spies
Tell that to SLACK. MS Teams dominated the space thanks to no BDRs from Slack.
12

Why do sales people take the hit first when investors or revenue is not looking as good as it should?

Discussion
16
16
Members only

Ok so 4 months into this new commercial AE role where Iโ€™m the first AE on the ground and Iโ€™ve sold nothing and have 0 pipeline from inbound or outbound. With 2023 around the corner Iโ€™m living in utter uncertainty and stress given the current pipeline. Should I carry on or look for a new company?

Question
42
6

In a fierce battle for my sales comp need one meeting to take the lead. What would you do in my shoes?

Question
7
What do you do?
90% Smile & Dial till someone says yes
3% Throw in the towel bro
7% Other (plz comment with wisdom)
68 people voted