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

Hubspot

" The stages a potential buyer goes through, from learning about a new product or service to either becoming a loyal customer or rejecting it. Leads that are unlikely to become paying customers -- and a sales rep''s worst nightmare, because they are a waste of time. Don''t include any new sales from that time frame.).

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What Is Lead Qualification and How Does It Work?

Salesforce Marketing Cloud

Lead qualification helps you determine whether a prospective customer is a good fit for your product(s). Two main factors determine whether a lead is qualified: 1) Your product will fulfill their needs, and 2) they can afford it. Authority: “Who has the authority to make this buying decision?”