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The Marketing Book Podcast

501 Unsticking Deals by James Muir

The Marketing Book Podcast

Douglas Burdett

Sales, B2bmarketing, Contentmarketing, Marketing, B2bsales, Socialmedia, Business, Entrepreneurship, Digitalmarketing

4.9 β€’ 868 Ratings

πŸ—“οΈ 16 August 2024

⏱️ 81 minutes

🧾️ Download transcript

Summary

Unsticking Deals: Why Deals Stall, How to Unstick Them, And How to Prevent Them From Sticking in the First Place by James Muir

ABOUT THE BOOK:

Stuck deals are arguably the biggest problem in sales. Depending on the industry, between 40-60% of all sales are lost to no-decision.

The implications are staggering. This fact means that the problem of stuck deals and "no-decision" effectively doubles the cost of every sale, and wastes somewhere around one-half of every sales professional's time.

The good news is that if we can unstick our deals (or even better, prevent them from sticking in the first place) we can effectively double our sales, dramatically shorten our sales cycles, and double our commissions.

What you will learn in Unsticking Deals:

  • Surprisingly, stalled deals are caused by just three things. The Universal Root Cause Maxim explains the three reasons deals stall in a single sentence.
  • The five common sales issues that cause sales professionals to stick their deals.
  • The three things that cause customers to suffer from indecision and how to overcome them.
  • Why deals stall due to business case issues and the three simple things that need to be in every business case to prevent stalls.
  • Five key prevention strategies that will prevent your deal from ever sticking in the first place.
  • The five key plays for unsticking your deals - complete with templates and examples.

This book is designed to be a quick reference guide. Each chapter has been designed to be brief and concise with actionable steps you can take right now to unstick your deal.

Once you’ve identified why your deal is stuck you can jump right to that chapter for solutions. These short chapters are arranged into six logical parts:

  • Part 1 – Preventing Deals From Sticking
  • Part 2 – Unsticking Plays
  • Part 3 – What Causes Stuck Deals
  • Part 4 – Strategies for Unsticking Deals Caused by Sales Issues
  • Part 5 – Strategies for Unsticking Deals Caused by Client Indecision
  • Part 6 – Strategies for Unsticking Deals Caused by Business Case Issues

This book is for all those entrepreneurs, business leaders, and sales professionals who want to close those bloated pipelines and prevent deals from getting stuck in the first place.

Reading this book will teach you how to unstick deals, shorten your sales cycle, and prevent deals from sticking to begin with.

ABOUT THE AUTHOR:

James Muir is the founder and CEO of Best Practice International and the bestselling author of the #1 book on closing sales – The Perfect Close: The Secret To Closing Sales, which was featured on episode 149 of The Marketing Book Podcast in 2017.

James is a 30-year veteran of sales having served in every role – from individual contributor to executive VP.

James has an extensive background in healthcare where he has sold to and spoken for the largest names in technology and healthcare including HCA, Tenet, Catholic Healthcare, Banner, Dell, IBM and others.

And, interesting fact – he is an accomplished guitarist!

Click here for this episode's website page with the links mentioned during the interview...

https://www.salesartillery.com/marketing-book-podcast/unsticking-deals-james-muir

Transcript

Click on a timestamp to play from that location

0:00.0

This is James Muir, author of Unsticking Deals, Why Deal Stahl, how to unstick them, and how to prevent them from ever sticking in the first place.

0:09.0

And you are listening to the Marketing Book Podcast.

0:12.0

Welcome to the Marketing Book Podcast. Welcome to the Marketing Book Podcast, helping you keep up with the smartest thinking in the quickly changing field of modern marketing.

0:21.0

And now here's your host, Douglas Birddance.

0:24.4

Hello, thanks for joining me on the marketing book

0:26.1

podcast, where every Friday I published an interview

0:28.3

with the author of a new marketing or sales book.

0:30.6

This show has been named one of the top marketing podcast by Forbes and LinkedIn amongst others and has millions of downloads and listeners in over 185 countries.

0:39.0

Don't worry about taking notes. You can find links to everything linkable in this

0:42.7

episode's website page at marketingbook podcast.com and since I get to read every

0:47.4

book featured on the show if I can recommend a specific marketing or sales book or

0:52.3

any other resource I know of for

0:54.0

whatever challenge you're facing connect and message me on LinkedIn and I will do my best

0:58.6

to get you pointed in the right direction. All right let's get on with the show.

1:02.2

Today we welcome back James Muir to talk

1:05.1

about his book Unsticking Deals, Why Deal Stahl? How to Unstick Them and how to

1:09.8

prevent them from sticking in the first place? James Muir is the founder and CEO of Best Practice International

1:16.6

and the best-selling author of the number one book on Closing Sales,

1:20.3

The Perfect Close.

1:22.1

The Secret to Closing Sales sales which was featured on

1:25.2

episode 149 of the marketing book podcast in 2017. Put that coffee down.

1:33.0

Coffies for closes only.

...

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