A sales process is a little like a fingerprint. As much as you hunt, you’ll never find another company with an identical one
A sales process is a little like a fingerprint. As much as you hunt, you’ll never find another company with an identical one.
Whether short, long or somewhere in between, there are always areas you can focus on to reduce the time prospects spend in the buying process.
We’ll get to those tactics shortly, but first, let’s examine some definitions and differences in the world of sales.
The sales process is the steps a sales agent takes to move a prospect from initial awareness through to becoming a customer. The sales cycle is essentially the same thing but focused on the average time taken to move each potential client through those steps.
From the customer’s perspective, the sales process is their journey with the brand. From a salesperson’s perspective, it is a roadmap: a repeatable series of actions that are optimised to achieve the best results.
While we’ve got the sales encyclopaedia out, there are some other related terms that it might help to clarify.
Sales pipeline: a representation of the internal stages a prospect goes through to become a customer.
Sales funnel: a representation of the number of prospects who make it through the marketing and sales stages, diminishing at each stage.
Sales velocity: how quickly a prospect makes it through the sales pipeline.
Businesses with expensive, high-risk and high-impact solutions will typically experience a long sales cycle.
Their solutions represent a larger investment that will be considered by more stakeholders as they review potential ROI across many departments and processes.
Those with a shorter sales cycle, however, do not necessarily have it easy.
Deals can be lost in an instant if your eye comes off the ball, and the compressed timeframes make it harder to truly understand the pain points your potential customer needs solving.
Let’s define both the long sales process and the short sales process and consider their advantages and disadvantages
A long sales cycle is a client acquisition process that takes an extensive amount of time to complete. The amount of time can easily extend to over a year but is affected by a number of factors.
These include:
Long sales cycles will typically:
On the other hand, they will also usually:
The stages in the short sales cycle are much easier to plot – and there are usually significantly fewer of them.
Typically spanning between a month and three months, most will involve customers who understand what they want and are already familiar with your brand and solution.
The buyer’s research required for these sales can be easily digested online with minimal input required from a salesperson.
central-tact
24 March 2025