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This struggle may have several causes with the largest offender being a partial understanding of what they need. 50% of survey respondents said that their needs were either partially, not well, or poorly defined.
When a buyer’s needs are undefined, then it stands to reason that getting a sale across the finish line can be difficult. Interestingly, when a buyer stops the sales process, they tend to blame the vendor. The most common excuses are that the buyer does not understand where or how the vendor fits into their business or they do not understand the actual difference in process the vendor is offering.
66%
See no
differentiation
between solutions
57%
Decide that no
vendor meets
needs
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