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Decoding Sales

Episode 6: How to keep the deal from falling apart

Decoding Sales

Peter & Alex

Sales, Business, Software Sales, Virtual Selling, Entrepreneurship, Enterprise Sales

5.020 Ratings

🗓️ 31 December 2020

⏱️ 39 minutes

🧾️ Download transcript

Summary

Send a text In this episode Alex and Peter discuss how to structure effective proof of concepts to help get the deal done while keeping the prospect accountable to specific milestones. Topics include: The collaborative aspects of setting up a mutual proof of concept structureHow to establish tangible success criteria for the evaluation periodWhat milestones to track throughout the POC periodHow to determine which prospects need a formal POC structure How to hold prospects accountable to ...

Transcript

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0:00.0

Welcome to Decoding Sales, a podcast, we're an engineer and a sales person.

0:08.2

Talk about the art and science of sales as it relates to business and life.

0:16.0

I'm the engineer. My name's Alex.

0:18.0

And I'm the salesperson. My name is Peter.

0:21.0

In this episode of Decoding Sales,

0:23.2

we're going to talk about how to frame deals

0:25.2

and use proof of concepts to move a deal forward.

0:30.4

We're going to learn who you should actually do a proof concept with what it actually looks like

0:36.8

What a fine-grain details and tactics that you can actually apply some pitfalls and some strategies for what to do if something goes south and finally as

0:48.2

a bonus if you listen carefully we'll explain how you can actually get a sample template that you can use.

0:55.0

All right, Peter, well let's dive into this.

0:56.6

I'm really excited for our topic today because it is all about how to accomplish things in the early stages of a deal.

1:05.7

We talk about how to frame a deal and move it forward.

1:09.4

So just to get things kicked off,

1:11.2

I think Peter, one of the things always tricky is what do you do

1:15.5

when you're when you're in the discussion with the prospect and you're you're trying to figure out

1:19.8

if it's if this is for real how do you go from talk to action?

1:23.0

Yeah, I think one of the things that's really helped me to frame deals is actually

1:28.0

suggests a proof of concept or evaluation framework, whether that's verbally or even written down in a Google Doc or more formal proposal type

1:37.0

document. I think it really helps accelerate what the milestone should be

1:40.9

for that evaluation process and also invites collaboration and then the last thing too is it just makes you look more polished in terms of your process.

1:49.0

I think it gives the other side confidence that you've done this before, right?

...

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