Opinions expressed by Entrepreneur contributors are their own.
Listen to this post
Key Takeaways Buyers are almost always trying to answer five questions before they’re willing to take action.
If prospects keep telling you they’re interested and then disappearing, start by asking: “Can their actions be traced back to one or more of the five questions behind purchase behavior?”
The biggest lesson I’ve learned from hundreds of interviews is surprisingly simple: Buyers aren’t looking for more information. They’re looking to create certainty with as little effort as possible.
“We’re definitely interested.” If you’ve worked in sales, marketing or entrepreneurship for any length of time, you’ve probably heard those words before. A prospect attends the demo, asks thoughtful questions and seems genuinely engaged. They may even say they’re excited to get started.
Then they disappear. The follow-up email goes unanswered, the next meeting never gets scheduled, or the free trial goes nowhere. What looked like a promising opportunity quietly fades away without a clear explanation.
It’s easy to assume that deals fall apart because the prospect simply changed their mind, and nothing can be done. After spending more than 15 years in marketing and interviewing hundreds of customers immediately after purchase and prospects after lost opportunities, I’ve come to a different conclusion.
Most of the time, even qualified leads that fit your ideal customer profile don’t buy because they can’t get over very common mental hurdles.
This pattern shows up everywhere. I’ve seen it in enterprise software companies with long sales cycles and dedicated account executives, product-led businesses where prospects can start a free trial without ever speaking to a salesperson, retail businesses like self-storage and even professional service firms. The buying journey may look different, but the psychology is remarkably similar.
... continue reading