November 26, 2024
Pipeline Generation

Selling to their future selves

Understanding the psychological dynamics between present and future selves. • Using future commitments to enhance sales conversions. • Practical strategies for selling effectively during challenging periods, such as the end-of-year slowdown.

Session Outcomes

By the end of this session, you will:

1. Recognise how humans are often unkind to their future selves and procrastinate tasks.

2. Apply psychological insights to influence buyer decisions, especially during the end-of-year period.

3. Utilise practical tactics to overcome objections related to timing and commitments.

4. Develop strategies to balance short-term goals with long-term sales pipeline planning.

Why This Lesson is Important

End-of-year sales can be challenging due to buyer fatigue, holiday preparations, and shifting priorities. Understanding and leveraging human psychology offers a powerful tool to overcome these barriers. By appealing to the “future self” of prospects, sales professionals can secure commitments for the new year, effectively keeping pipelines warm and ensuring strong starts in January.

Key takeaways include:

Procrastination Insight: People prefer to defer hard decisions to their future selves, making them more open to commitments starting in the new year.

Illusion of Choice: Presenting limited, strategic options increases the likelihood of securing a positive response.

Pipeline Momentum: Early strategic planning in December sets the stage for successful Q1 outcomes.

Key Concepts and Supporting Insights

1. Future Self Psychology:

• People are unkind to their future selves, often burdening them with decisions or commitments they wouldn’t accept in the present.

• Example: Commitments for January see a higher success rate because the “future self” is viewed as more capable and motivated.

2. Practical Applications:

• Frame sales pitches around future benefits: “Let’s start in January when things are calmer.”

• Use specific wording: Offer convenient options and maintain a balance of formality and personalisation to avoid coming across as demanding.

3. Timing Strategies:

• Fridays and year-end periods work well for “future conversations” as people are less guarded and more willing to defer decisions.

• Continuously nurture leads with small, relevant updates to maintain engagement for delayed meetings.

4. The Illusion of Choice:

• Offering binary choices (“Is December a good time, or would January be better?”) guides prospects without overwhelming them, leveraging decision-making biases for positive outcomes.



Implementation Tips

For Immediate Use: Start leading conversations with future-focused language as the year-end approaches.

Maintaining Warmth: Send tailored follow-ups with relevant information to keep prospects engaged through long gaps.

Strategic Pipeline Management: Ensure December activities are not just about closing deals but also setting up a strong Q1.

By mastering these techniques, sales professionals can turn the typically slow year-end into a period of strategic growth and preparation, setting the foundation for long-term success.

DESIGNED FOR

Ricky Pearl

CEO

Strategy, Revenue Operations

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