Best Case: Qualified deal, but the timeline is fuzzy. Most Likely: The buyer has explicitly confirmed they will make a decision within your timeline. Commit: The buyer is actively taking steps (e.g., paperwork, security review) to fulfill that confirmed timeline.
Guest Bob Kosics presents a simplified qualification framework focusing on three critical questions to determine if a deal will close on schedule: Why is the customer buying at all? Why are they buying from you specifically? And why must they buy right now?
To gauge a deal's urgency and qualify it, ask where the problem sits on their priority list. This forces them to state its importance out loud. It's psychologically difficult for someone to deprioritize something after they have verbally committed that it is a top priority.
Two clear red flags indicate a deal is at risk: relying on a single contact and having a close date not tied to a specific buyer deadline. To de-risk a deal, sales reps must engage multiple stakeholders (multi-threading) and anchor the timeline to the buyer's critical business needs.
To avoid stalled deals, continuously test the prospect's engagement. If a stakeholder consistently fails to meet small commitments—like providing requested information on time—it is a strong indicator that the deal is not a priority for them and is at high risk of stalling.
To prevent deals from stalling in legal, work with your champion to establish a 'red line deadline' — a mutually agreed-upon schedule for when their legal team will provide feedback. This empowers your champion to hold their own legal department accountable to a timeline.
Before investing time to create a perfect offer, secure a conditional commitment by asking, 'If I can deliver on these specific things we've discussed, do we have a deal?' This tactic prevents the prospect from backing out to 'think about it' and ensures your efforts are aligned with a committed buyer.
Prospects often express interest to gather information but lack a commitment to solve the problem. Sellers must differentiate by probing for concrete timelines and stakeholder involvement to avoid chasing deals that won't close, rather than hoping to convert interest into commitment on the call.
To prevent deal slippage, don't just present a timeline; co-create a mutual action plan with the client. This shared ownership makes them feel personally accountable and less likely to delay, as they would be breaking a joint commitment rather than just pushing a vendor's date.
Urgency isn't about deadlines or discounts. It's the critical point where a customer realizes that the risk of maintaining the status quo is greater than the risk of adopting your solution. A strong ROI case that highlights the cost of inaction is the key to creating this realization and closing the deal.
Don't measure deal progress by the number of meetings held. Instead, define specific exit criteria for each sales stage. A deal only moves forward when the prospect meets these criteria, which can happen with or without a live meeting. This reframes velocity around outcomes, not activities.