<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=577820730604200&amp;ev=PageView&amp;noscript=1">
Unmasking the Sales Industrial Complex: The Hidden Forces Sabotaging Your B2B Sales Success
3:49

Discover the covert strategies that are keeping you from reaching your B2B sales goals.

You may not know their names, but they influence what you believe about B2B sales. This cabal subtly shapes your actions and perceptions about selling. You can find members of the sales industrial complex on LinkedIn, though their profiles won’t reveal their true allegiance. The reason so many salespeople and sales leaders fail to reach their sales goals is due to the complex's hold on them.

At my peril, I will expose the beliefs that keep you from succeeding in B2B sales. Be prepared to challenge deeply ingrained notions that are harming your results. Only 42 percent of reps reach their quota—let’s uncover why.

The Pipeline Coverage Myth

The sales industrial complex pushes for 2X, 4X, or 8X your quota. Despite your efforts to create new opportunities, you often fail to meet your targets. This focus on pipeline coverage is a distraction that prevents you from capturing the opportunities you create.

If pipeline coverage alone could ensure success, everyone would hit their targets. But the sales industrial complex's influence keeps sales leaders blindly following their ineffective strategies.

Improve Average Win Rates in B2B Sales

Low average win rates plague the industry, with figures as dismal as 17–20 percent. The complex hides the strategies that could boost your success, convincing leaders that effectiveness isn't worth the effort. They take advantage of people looking for shortcuts.

Sales leaders claim to be too busy to train and coach their teams, so instead they fixate on pipeline metrics. This leaves their team’s under the sales industrial complex’s influence, setting them up to fail.

Strategies to Address Stalled Deals in Enterprise Sales

Stalled deals have increased by 24 percent, with enterprise sales cycles extending by 36 percent (DynamicBooks). The complex tells you this is normal and that, as long as you maintain pipeline coverage, you’ll be okay. They claim it’s a numbers game.

In reality, deals stall when salespeople fail to create value. But there's a more profound truth: Buying is harder than selling. Clients fear making strategic decisions and need time. They also need to be educated on their industry, so they look for an expert to help them navigate their situation. This is contrary to the complex’s advice that “time kills deals.” A salesperson who rushes in with a pitch cannot offer the consultative sales process clients want and need.

Combat Shrinking Average Deal Sizes in B2B Sales

Large deals are shrinking. Recent trends show that large deals have lost about 20 percent of their value. The complex tells you not to worry, but these deals are crucial for hitting targets and maximizing commissions.

Here’s what you need to do:

  1. Audit your pipeline. Remove deadweight opportunities that will never close. If your pipeline doesn’t spark joy, do something about it.
  2. Focus on win rates. Double down on strategies that convert leads into closed deals. Improve your team’s effectiveness instead of driving them to create opportunities they’ll never be able to capture.
  3. Increase sales effectiveness. Train your team to move deals through more efficiently. Pick up a copy of The Lost Art of Closing.
  4. Challenge the status quo. Stop listening to the sales industrial complex and start thinking for yourself. Be the renegade your competition fears.

Don’t wait for the next fiscal year to turn things around. Start now. If you want strategies tailored to your team and market, reach out. Let's ensure you’re not just another statistic in a failing system.

Success favors the bold.

Schedule here: https://meetings.hubspot.com/beth85.

Information Disparity 2-part video series

Tags:
Sales 2024
Post by Anthony Iannarino on August 7, 2024

Written and edited by human brains and human hands.

Anthony Iannarino

Anthony Iannarino is an American writer. He has published daily at thesalesblog.com for more than 14 years, amassing over 5,300 articles and making this platform a destination for salespeople and sales leaders. Anthony is also the author of four best-selling books documenting modern sales methodologies and a fifth book for sales leaders seeking revenue growth. His latest book for an even wider audience is titled, The Negativity Fast: Proven Techniques to Increase Positivity, Reduce Fear, and Boost Success.

Anthony speaks to sales organizations worldwide, delivering cutting-edge sales strategies and tactics that work in this ever-evolving B2B landscape. He also provides workshops and seminars. You can reach Anthony at thesalesblog.com or email Beth@b2bsalescoach.com.

Connect with Anthony on LinkedIn, X or Youtube. You can email Anthony at iannarino@gmail.com

ai-cold-calling-video-sidebar-offer-1 Sales-Accelerator-Virtual-Event-Bundle-ad-square
salescall-planner-ebook-v3-1-cover (1)

Are You Ready To Solve Your Sales Challenges?

Anthony-Solve-Sales

Hi, I’m Anthony. I help sales teams make the changes needed to create more opportunities & crush their sales targets. What we’re doing right now is working, even in this challenging economy. Would you like some help?

Solve for Sales

Join my Weekly Newsletter for Sales Tips

Join 100,000+ sales professionals in my weekly newsletter and get my Guide to Becoming a Sales Hustler eBook for FREE!