--- tags: Week 7, H3, M11 --- # Introduction to qualification :::info :bulb: [A study by Sales Insights Lab in 2019](https://salesinsightslab.com/sales-research/) found out that 50% of prospects will not be a good fit for what you’re selling. ::: **The main objective of qualification stage is to determine whether or not you and your buyer are a good fit for each other so you don’t waste precious time.** Simply put, sales qualification is important to sales organizations because it significantly improves close ratios. Without sales qualification, you risk pursuing leads who aren’t a good fit for the product due to budgetary constraints, organizational challenges, or other factors. &nbsp; ## Understood. How do I qualify leads? Enter discovery calls! A discovery call is the first conversation with a prospect after they show initial interest in your product. The objective of a discovery call is to: :::info **Discovery call objectives** - Understand your buyer's pain points, priorities and goals so you can qualify or disqualify them and effectively sell to them - Close the next meeting: usually a demo ::: During a discovery call, you qualify the prospect for a certain set of criteria pre-defined by your company. We will cover this shortly, for now let’s have a look at the Module Summary 👇 &nbsp; ## Module Summary Don’t worry, we will walk you through everything you need to know to ensure you perform the most effective discovery calls possible. We will cover: :::info **Module 7 sections** 1. **Introduction to qualification and discovery calls** We will cover why it’s important to qualify leads, and one of the most effective frameworks to do so: BANT. We will then introduce you to the basics of discovery calls. 2. **Step 1: Plan and research** We will dive deep into the first step of conducting a succesful discovery call - preparing well! 3. **Step 2: Introductions - setting the tone** We will continue by covering how to manage the initial minutes of a discovery call to set ourselves up for success. 4. **Step 3: Need Discovery - Effective listening and questioning** The bulk of the call will be discovering your prospects needs and pain points. We will give you a framework on how to do that. 5. **Step 4: Qualify and close** We will finally cover how to qualify the prospect once you’ve established buy-in, and how to effectively close the next steps. 6. **Your turn: assignments** You will be tasked with creating your discovery call script and conducting your mock discovery call. ::: Ready? Let's go! <style> body > .ui-infobar, body > .ui-toc, body > .ui-affix-toc, body > .ui-community, body > .document-footer { display: none !important; } </style>