Stop wasting your time on RFP & RFQ
Are you or your sales team investing a significant amount of time and effort responding to RFPs and RFQs, but not achieving the win rate you feel you deserve?
Some time ago, I was coaching a sales director and was reminded of a pressing issue that many sales teams face in today's highly competitive business world:
Many sales teams often spend a huge amount of effort, time and resources in the preparation and submission of business proposals.
Yet they often struggle to convert these opportunities into a sale. Why?
๐ Difficulty in differentiating themselves from the competition.
They are merely viewed as an "alternative vendor".
How often have you received an invitation to quote by a customer, only to realise later that they have "already" chosen someone else?
So how can you turn this around?
You need to position yourself as a value adding partner to your customer; you are not just there to compete based on price.
Besides, NEVER send your quote or proposal over to your prospect until you have got a chance to meet and engage the stakeholders, pitching your value.
Remember that sales ISN'T just a numbers game; it's a great prospecting game!