article thumbnail

Lead Generation: How To Turn Interest Into a Sale

Salesforce Marketing Cloud

What do I know about their budget or buying authority? The BANT (Budget, Authority, Need, Timing) framework is valuable because it establishes key criteria for assessing lead readiness, guiding marketers to prioritize efforts on prospects with a higher likelihood of conversion.

article thumbnail

60 Marketing Acronyms Every Industry Pro Should Know

Hubspot

The four steps of the now somewhat outdated Purchase Funnel, wherein customers travel from consideration to purchase. Learn more about the new purchase consideration cycle. B = Budget: Determines whether your prospect has a budget for what you''re selling. T = Timeline: Determines the time frame for implementation.