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No Decision Made!!

Partners in Excellence

“No Decision Made,” is increasingly what we are hearing on deals in which we’ve invested time and effort. In extreme cases, we are seeing as much as 35% of the qualified deals people pursue ending in “no decision.” We don’t know what to do–will they make a decision at some point?

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The Tragedy Of “No Decision Made”

Partners in Excellence

Depending on the research you read and believe, the number of buying journeys ending in “No Decision Made,” is around 50-60%. We may have invested a lot of time, resource, and energy in competing to win the decision from the customer buying team. Think about what that means. They have failed to solve their problem.

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“No Decision Made” Is Still A Competitive Loss

Partners in Excellence

Depending on the research you look at, “No Decision Made” has a huge impact on results we produce. The lowest levels I’ve seen with leading market research firms is a little more than 20% of forecast deals end in no decision made. No Decision Made arises from a number of factors: 1.

B2B 96
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“No Decision Made,” Are You The Problem?

Partners in Excellence

Depending on the research, No Decision Made (NDM) represents a huge percent of the deals we “lose.” ” We tend to look at this, thinking it’s out of our control. ” Thanks to Hank Barnes, “The ‘No DecisionDecision–Does Everybody Lose? for inspiring this!

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The Growth Opportunities Are Stunning, Why Aren’t We Capturing Them?

Partners in Excellence

So with this as a baseline, let’s nerd out on some more data and math: We know that of those companies that are committed to a buying effort, over 60% end in no decision made. What if we focused on reducing no decision made. We’ll never eliminate it, but what if we could reduce no decision made to 40%?

Growth 120
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15 Win-Loss Analysis Questions to Reinforce Your Sales Process

Veloxy

15 Questions to Ask in a Win-Loss Analysis The 5 Rules of Successful Post-Decision Interviews Let’s start reinforcing your sales process! In a Win Loss Analysis, a company can ask questions such as: What factors influenced the customer’s decision to choose or not choose our company?

Process 244
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Letting Our Customers Ask Us The Wrong Questions!

Partners in Excellence

When we look at the data on No Decision Made and Buyer Regret, we know how much our customers struggle with complex B2B change and buying initiatives. We talk about decision confidence, FOMU, FOFU, and regret. ” I keep going back to the data we know about decision confidence and buyer regret.

Customers 129