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The Ultimate Smarketing Glossary: 62 Common Sales Terms Explained for Marketers

Hubspot

A = Authority : Determines whether your prospect has the authority to make a purchasing decision. N = Need : Determines whether there''s a business need for what you''re selling. T = Timeline : Determines the time frame for implementation. The BANT formula was originally developed by IBM several decades ago.

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What Is Lead Qualification and How Does It Work?

Salesforce Marketing Cloud

Two main factors determine whether a lead is qualified: 1) Your product will fulfill their needs, and 2) they can afford it. Now it’s time to continue the sales conversation and ensure you’re talking to the right person. Find out who that person is and get their preferred contact information.