Knowledgebase

Learning From Won and Lost Deals Print

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Improving the process.

WHAT TO DO AFTER EVERY OUTCOME

Establish why.

WHAT TO ASK AFTER A LOSS

What decided it What you could have done differently Who they chose, and why

HOW TO ASK

Directly, without defending.

WHY THEY ANSWER

Most people will, if asked once and graciously.

WHAT TO ASK AFTER A WIN

Why they chose you What nearly stopped them What was difficult in the process

WHY WINS MATTER EQUALLY

They reveal what works, which is harder to see.

WHAT TO RECORD

The stated reason, per deal.

WHAT TO LOOK FOR

Patterns across many.

WHAT PATTERNS REVEAL

Whether losses are about price, product, process or targeting.

WHY THAT DISTINCTION MATTERS

Each requires a different response.

WHAT PRICE LOSSES MAY ACTUALLY INDICATE

Value not established, rather than price too high.

HOW TO TELL

Whether buyers who chose you paid the same.

WHAT PRODUCT LOSSES INDICATE

What to build, if it recurs.

WHAT PROCESS LOSSES INDICATE

Something in how you sell.

WHAT TO DO WITH THE FINDINGS

Change one thing, and observe.

WHAT TO AVOID

Reacting to a single loss.

WHY

Individual deals have individual reasons.


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