Doug Adamic is Chief Revenue Officer at Brex. He responds to host Harry Stebbings asking how sales teams generate demand during tough macroeconomic climates.
Assertion Not checkable as stated
Adamic: SAP Concur Operated With Under 1x Pipeline Coverage
“Everyone talks about like, you need that five X pipeline, you need that seven X pipeline in order to make your goals. Not necessarily. When I left Concur and where I'm trying to drive Brexit, we had less than one X pipeline going into a quarter because we knew…”
Assertion Not checkable as stated
Adamic: B2B Buyer Conversion Now Requires 16 to 20 Touchpoints
“Maybe five, seven years ago, you used to touch an individual four times or five times, but, or they would convert into wanting to learn more about your business. Now we're up to like, 16 or 20 times to be able to do that.”
Insight
Adamic: Companies Buy Software For Only Three Specific Reasons
“There's only three reasons why An organization will make a purchase. They're in trouble right now, they see trouble coming, or an individual or group wants to be made a hero and get ahead of something.”
Insight
Adamic: Good Salespeople Are Never Surprised By Losing a Deal
“If you are running a proper deal, you shouldn't be surprised, and if at the end of a campaign, insert whatever it was that surprised you, that is a bad reason to lose a deal, because if you're good at your profession, You should never be surprised as to why yo…”
Insight
Adamic: Loving sales is learned over time through understanding customer outcomes
“I think you need to be, have an entrepreneurial spirit in general to go into sales. But I think once you understand what sales is all about, improving a customer's business by driving specific outcomes, You recognize how complex it is, how intricate it is, and…”
Insight
Adamic: Disruptive Sales Requires Shifting Customer Buying Criteria to Your Product
“How to be able to describe something that's different where maybe customers did not understand the business challenge or business pain that they had was probably the biggest takeaway, like changing the buying criteria to lead to your product.”