Recession affecting sales

Most prospects we are meeting have budget freeze and not actively buying but exploring options so that when they are ready(all of them promising to touch base again in mid Jan).


After the discovery call, what would be an appropriate next step? Some of them could be our future prospect.


How to manage future prospects list? I'd like to set a nurture process for the prospects who are not an SAL as of now.

Our SAL criteria is - someone who is open to buy in next 3 months.


Any suggestions on no. of emails to each prospect.

A part from marketing emails, can we send them personalised email to check once a month? I feel LI can help better to keep in touch along with emails.

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14
Diablo
Politicker
2
Sr. AE
Did you make an attempt to also understand how important is your solution for the prospect and what will take them to purchase this year over next though there is a budget freeze.

example - I ended up selling a customer with additional payment terms that made him to purchase now because the solution was a value add they couldnโ€™t wait for if given an option
SDM
Politicker
0
Sales development manager
We sell staffing solutions and it's layoff everywhere.
CRAG112
Valued Contributor
0
Account Executive
Itโ€™s barely over a 100k people.

YOU CAN DO IT!!

Tons of places still hiring. Tons.
Kosta_Konfucius
Politicker
2
Sales Rep
I have calendar invites for myself to follow up with relevant info. Sometimes is webinars, customer success stories, or a feature they would be interested in but we didn't discuss.

I just try to keep them warm, if they dont have budget anytime soon I dont want to waste to much time on them and focus on ones who do
Maximas
Tycoon
1
Senior Sales Executive
Me too!!
SDM
Politicker
0
Sales development manager
Touching base once a month would be fine
CuriousFox
WR Officer
1
๐ŸฆŠ
Schedule to reach out again next month.
SDM
Politicker
0
Sales development manager
Yup
WhoDey
Opinionated
1
VP of Sales
Assuming your sales process is longer than 1 month, why stop (or press pause) now? Keep working through the process. It's likely going to drag into January regardless, so keep going. In the event they want to buy in December, but can't due to the budget freeze, can you structure the payment terms so that they don't get invoiced until Q1?
SDM
Politicker
0
Sales development manager
We are setting up a nurture sequence for these prospects for next 3 months.
punishedlad
Tycoon
1
Business Development Team Lead
The key during times like this is to keep up the intrigue until timing is better. Stay engaged. Keep the line of conversation open as best you can.
TennisandSales
Politicker
0
Head Of Sales
i would only be ending them something if its actually relevent to them. if it is, then yes 1x a month is fine.
pirate
Big Shot
0
๐Ÿฆœโ˜ ๏ธ Account Executive
I guess maybe pushing internally as well for more flexibility so then you get every opportunity to land those customers later
SDM
Politicker
0
Sales development manager
Thank you everyone for inputs
ThatNewAE
Big Shot
0
Account Executive - Mid enterprise
I am on 0 deals this month. I have tried almost everything (or so, still trying). I am not quite sure what went wrong, but yeah I 'm stressed beyondddddddd my threshold.
SDM
Politicker
0
Sales development manager
Sorry to hear that. Keep trying... Things will fall in right direction for you
IYNFYL
Politicker
0
Enterprise SaaS AE
As CorpBro just put out a video on LI...recession equals your manager increasing your quota.
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Sales affected by recession

Question
19
Recession affecting sales?
59% Yes
10% No, I have recession proof sales strategy
26% Maybe
5% Your comments
138 people voted