#Sales, #BANT What is a lead? Who is a prospect? what is BANT?
What is a lead? Who is a prospect? what is BANT?Learn with kimavi in just one minute!
Leads are folks in your target market segment
You can send leads, one way communication, for example an email, or a phone call, to a lead
If leads respond and show interest, in your product, then they are prospects
Prospect is a potential buyer of your product
Qualifying is determining that a prospect has the needs, income, and purchase authority necessary for buying
BANT is for Budget, Authority, Need and Timeline and helps you to qualify a prospect
B is for Budget, How much is the prospect willing to spend?
A is for Authority, Who is the decision making authority?
N is for Need - Does the prospect have a true pain that your product will solve?
T if for Timeline, How soon can prospect make buy decision?
Once prospects pay you money they become customer
What is a lead? Who is a prospect? what is BANT?Thank you for learningwith kimavi
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