win with multithreading 🔑

Multithreading tips for top sellers

win with multithreading 🔑

Daily Sales Newsletter

August 27, 2024

 

Hey, this is SalesDaily. It delivers sales insights like pouring coffee into your cup – strong, invigorating, and ready to get things done.

In today’s issue:

  • The DailySales Show: Multi-threading strategies

  • Will Allred: Prospecting with thoughtful emails

  • Nate Nasralla: More contacts close more deals

  • Amanda Long: Use multi-threading effectively

Multi-threading strategies to close more deals

Close more deals with multi-threading

The Daily Sales Show provides great advice on multi-threading strategies in sales to effectively close more deals:

Engage multiple decision-makers
  • Know your stakeholders: Before meetings, identify key decision-makers. This builds emotional connections and ensures the right people are involved.

  • Proactive outreach: Reach out to all stakeholders early. Avoid trying to control the process; instead, build relationships with everyone involved.

Intentional multi-threading
  • Enterprise sales focus: Be deliberate in multi-threading. Understand the buying committee and have a clear, validated point of view.

  • Build support: Create a coalition around your viewpoint to gain consensus among decision-makers.

Tailored communication
  • Persona-specific pitches: Prepare presentations for different roles. Address each stakeholder's specific concerns and responsibilities.

  • Messaging strategy: Decide whether to send a single message to all or tailor messages to individuals based on their roles.

Ongoing engagement
  • Regular check-ins: Stay aligned with stakeholders. Regularly check their support and address objections directly.

  • Proactive follow-ups: After meetings, follow up with all stakeholders. Use objections as opportunities to strengthen your position.

Sales process guidance
  • Prescriptive selling: Know the key milestones in the sales process. Guide the conversation collaboratively with the buyer.

  • Understand leadership styles: Tailor your approach to the leadership style of the decision-maker. Different styles influence buying decisions.

Efficient demos
  • Short, focused sessions: Instead of long demos, conduct shorter sessions. Focus on solving the core problem and invite discussion on other features.

Multi-threaded prospecting with thoughtful emails

Will Allred suggests improving prospecting by forwarding well-crafted cold emails to new contacts within an organization.

Techniques

  • Thoughtful emails: Send a well-written email. If unanswered, forward it to another contact with a personalized note.

  • Engage new hires:

    • No ask give: Provide new hires with helpful resources to build rapport.

    • Email the hiring manager: If no response, contact the hiring manager to highlight how your solution benefits the new hire.

  • Combine plays: Forward the original email to the hiring manager with a subject like "FWD: Revamp."

Tips

  • Avoid automation: Automated forwards can seem insincere; craft each message carefully.

  • Personalize: Tailor emails to the recipient’s role to boost engagement.

Example email: Play 3 - No ask give

To: Trinity the New Hire
Subj: Revamp

Trinity - imagine coming into UserGems from a semi-different industry has felt a bit like taking a drink from a fire hose. (What new job doesn't feel that way)

I've seen a few folks in your space really revamp their thinking on outbound. Thought this video would give you a good sense for how folks around you are approaching it.

Link

Obviously - we help with some of the things mentioned. No rush on getting back to me. Here to chat pipeline once you have your footing.

Engage more contacts to close deals

Nate Nasralla emphasizes the importance of individual meetings with multiple contacts in a company to foster deep conversations and build meaningful relationships.

Key strategies:

  • One-on-one meetings: Meet individually with each contact to encourage thoughtful discussions, even if it takes more time.

  • Engagement process:

    1. Obtain referrals to decision-makers.

    2. Conduct intro calls and plan further introductions.

    3. Draft and share a business case with new contacts.

    4. Book meetings based on feedback and refine the business case.

  • Deep selling advantage: Engaging with 7+ contacts boosts the likelihood of meeting sales quotas.

Tips:

Expand your network: Aim for at least 7 contacts in key accounts. Use research and internal intros to fill gaps.

Targeted outreach: Identify missing roles in current deals and tailor your communication to engage them effectively.

TO-GO

Chris Ritson: How to multithread your meetings

Amanda Long: Want to win more of your pipeline?

Monica Stewart: “Only do demos for decision makers”

Alper Yurder: Multithreading DOs and DON’Ts

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QUOTE OF THE DAY

"I’ve never closed a strategic deal that didn’t include multi-threading."

Jacob Karp

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@tldv.io

From now on please refer to me as the Profit Prophet IB @60 Second Sales Tips

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