Lunch Money with Scott and Edan

Dealing with Procurement: The Final Boss of Enterprise Sales

18 min · 2 de may de 2025
Portada del episodio Dealing with Procurement: The Final Boss of Enterprise Sales

Descripción

Procurement isn't the villain—unless you show up unprepared. In this episode, Scott and Edan break down why sellers dread procurement, what they get wrong, and how to flip the script. Learn how to negotiate with leverage (not fear), pre-wire your deals, and avoid deal death in the final stretch. Whether you’re selling potato chips or AI chips, this survival guide will help you win procurement over—without giving away your soul. Action-packed with tactics, stories, and the phrase “it’s never about the money.”

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episode Proof of Concept or Proof of Confusion? How to Stop Giving Away Free Work artwork

Proof of Concept or Proof of Confusion? How to Stop Giving Away Free Work

Summary In this episode of Lunch Money, Scott Schnaars and Edan Gottlib delve into the complexities of Proof of Concepts (POCs) in the sales process. They discuss why clients request POCs, the potential pitfalls of engaging in them, and how to effectively manage and transition from POCs to paid pilots. The conversation emphasizes the importance of understanding the client's needs, controlling the scope of the POC, and treating the process with the seriousness it deserves to ensure successful outcomes. Takeaways * Clients ask for POCs to de-risk their decision-making process. * Understanding what the client wants to prove is crucial before starting a POC. * POCs can delay deals and create unnecessary work if not managed properly. * A successful POC requires clear success criteria and a defined timeline. * Transitioning from a POC to a paid pilot can ensure commitment from the client. * Companies should have a standardized process for managing POCs. * Limiting the number of concurrent POCs can create urgency and value. * Treating a POC like a real deal can lead to better outcomes. * POCs should not be used as a discovery tool but as a means to close deals. * Free POCs can lead to costly outcomes if not approached correctly. Chapters 00:00 Introduction to Proof of Concept 02:58 Understanding the Need for POCs 05:51 Evaluating the Effectiveness of POCs 09:14 Transitioning from POCs to Paid Pilots 12:17 Managing POCs Effectively 15:03 Closing Thoughts on POCs 19:33 Shorts Outro.mp4

12 de may de 202518 min