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Three stages of qualification: interest, money and decision

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2011-05-16No history Add My version 
download mind map 173491577.cdmz (mindmap file created by  ConceptDraw Office MINDMAP)

  
This map was developed by Jim Martin the Author of “Ultimate Selling”. This map is useful in that it covers the three stages of qualification; interest, money and decision. This map supports a webinar given by Jim that contains lots of useful sales tips in the all important qualification portion of sales. http://www.ultimatesellingsolutions.com/ This map was built using ConceptDraw MINDMAP 7. 
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outline 
Qualifying on Interest
Establish Credibility
References & Testimonials
Only as needed and at the appropriate time
Knowledge & Professionalism
Business Sense
Your Presence
Define Interest
Determine Pains/Gains
Internal
Expense Reduction
Waste
Manpower
Other
Biz Process Improvement
Money/ROI
Employee Retention/Satisfaction
External
Business Improvement
Revenue Improvement
Customer Satisfaction/Retention
Competitive Advantage
Market Share Leader
Define Vision & Needs
Impacts to Buyers/Users
Personal
Professional
Timelines
When is solution required ?
Desired or Preferred Dates
Critical Requirement Dates
Other (i.e. Unknown)
Validate Commitment to Act
Go / No Go Decisions
Green
Keep Moving
Yellow
Caution - Re-Qualify
Validation is continuous from initial interaction to conclusion of the process, with a result of disqualified, future or on to confirmation.
Red
STOP - No Movement till Green
Qualifying on interest may require multiple interactions.
>>New Map
Qualify on Money
Money Allocated
When & How Available
Capital $$
Operating Expense
Other
I.E. State: Municipal Bonds
3rd Party Finance
Source
Any Issues?
Budgetary
What happens next?
Financial Analysis
Internal
Hard Numbers or Estimates
Cost of Goods
Operational Expense
Others
External
Customer Retention
Market Share/Dominance
Others
Hard Numbers or Estimates
Go / No Go Decisions
Green
Keep Moving
Validation is continuous from initial interaction to conclusion of the process, with a result of disqualified, future or on to confirmation.
Yellow
Caution - Re-Qualify
Red
STOP - No Movement till Green
Qualifying on money may require multiple interactions.
>>New Map
Qualify on Decision
ID Decision Making Process
Technical
Financial
Legal
Procurement
Others
Sequence of Events
RFP
RFI/RFQ
Direct Selling
Define Acquisition Process
This provides input for qualifying on money as they are related.
Purchase
Lease
Operating
Lease/Purchase
Decision Tree
Can you interface directly with all DIR's
Decision Makers
Influencers
Recommenders
3rd Parties
Consultants
Centers of Influence
Referrals
Re-Affirm Commitment to Act
Go / No Go Decisions
Validation is continuous from initial interaction to conclusion of the process, with a result of disqualified, future or on to confirmation.
Green
Keep Moving
Yellow
Caution - Re-Qualify
Red
STOP - No Movement till Green
Qualifying on decision may require multiple interactions.