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B2B Sales

Master B2B Sales with 100 free flashcards. Study using spaced repetition and focus mode for effective learning in Sales.

🎓 100 cards ⏱️ ~50 min Advanced
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What does B2B stand for in sales?

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Business-to-Business — selling products or services from one company to another, as opposed to B2C (Business-to-Consumer).

What is a sales funnel?

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A model representing the stages a prospect moves through from initial awareness to final purchase, typically narrowing at each stage.

What are the typical stages of a B2B sales funnel?

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1. Awareness 2. Interest 3. Consideration 4. Intent 5. Evaluation 6. Purchase (Close).

What is the difference between a sales funnel and a sales pipeline?

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A funnel describes the buyer's journey (demand perspective); a pipeline describes the seller's stages and activities to move deals forward.

What is lead generation?

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The process of attracting and identifying potential customers (leads) who may be interested in your product or service.

What is the difference between inbound and outbound lead generation?

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Inbound: leads come to you via content, SEO, social media. Outbound: you proactively reach out via cold calls, emails, events.

What is a Marketing Qualified Lead (MQL)?

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A lead that has shown interest through marketing activities (downloaded a whitepaper, attended a webinar) but has not yet been vetted by sales.

What is a Sales Qualified Lead (SQL)?

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A lead that has been reviewed by the sales team and meets specific criteria indicating they are ready for direct sales engagement.

What is lead scoring?

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A methodology for ranking leads based on attributes (company size, role) and behaviours (website visits, email opens) to prioritise outreach.

What does BANT stand for?

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Budget — Authority — Need — Timeline. A qualification framework to assess if a prospect is a good fit.

What does each element of BANT assess?

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Budget: Can they afford it? Authority: Is this the decision-maker? Need: Do they have a problem you solve? Timeline: When will they buy?

What does MEDDIC stand for?

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Metrics · Economic Buyer · Decision Criteria · Decision Process · Identify Pain · Champion.

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