July 14, 2022

Glossary

What is BANT?

Sales and AI terms from A – Z

BANT, Budget, Authority, Need, Timeline, B2B, Sales

"BANT" is short for Budget, Authority, Need, Timeline.

"BANT" (stands for Budget, Authority, Need, Timeline) is a sales tool for the initial lead qualification. The sales rep tries to find out whether... - money would realistically be available for the product/service (Budget) - we are talking to the right contact person (best case: decision maker) (Authority) - there is a current need for our product/service (Need) - it fits into the timeline to discuss with each other in more detail (Timeline) If all 4 criteria can be answered positively, the sales process will continue.

Related SalesLeaks

Was ist B2B Marketing? Ein Leitfaden für Unternehmen

Was ist B2B Marketing? Ein Leitfaden für Unternehmen

B2B Marketing, kurz für Business-to-Business Marketing, ist eine Form des Marketings, bei der Unternehmen Produkte oder Dienstleistungen an andere Unternehmen verkaufen oder vermarkten. Im Gegensatz zum Business-to-Consumer (B2C) Marketing,

April 26, 2024
Was ist Cold Calling?

Was ist Cold Calling?

Cold Calling ist eine gängige Vertriebspraxis, die oft im B2B-Bereich angewendet wird. Dabei nehmen Verkäufer unerwartet telefonisch Kontakt mit potenziellen Kunden auf, um Produkte oder Dienstleistungen anzubieten.

April 5, 2024
Was ist ein Sales Funnel?

Was ist ein Sales Funnel?

Ein Sales Funnel, auch bekannt als Verkaufstrichter, ist eine visuelle Darstellung der Kundenreise vom ersten Kontakt bis zum Kaufabschluss. Er hilft Ihrem Vertriebsteam, den optimalen Zeitpunkt

March 21, 2024
Understanding B2B Marketing: A short Guide

Understanding B2B Marketing: A short Guide

B2B marketing is a key part of business-to-business interactions. It affects how companies sell and build relationships. But what is B2B marketing, and how is it different from B2C marketing? Let's look at this topic to understand its importance in today's business world.

April 26, 2024
What is Cold Calling?

What is Cold Calling?

Cold Calling is a common sales practice often employed in the B2B sector. Sales representatives make unsolicited phone calls to potential customers to offer products or services. The call is made without prior contact or consent from the customer, hence the term "cold."

April 5, 2024
What is a sales funnel?

What is a sales funnel?

A sales funnel, also known as a sales pipeline, is a visual representation of the customer journey from initial contact to purchase. It helps your sales team

March 21, 2024

Use our free Chrome Extension:
AI Agents and Sales Co-Pilot

dealcode AI Companion Top Features

• Search and save contacts on LinkedIn
• Enrich and capture business contact data
• Eliminate repetitive and manual tasks
• Improve CRM data quality through intelligent enrichment
• Increase sales efficiency with AI-based outreach at scale

Getting Deals Done with
dealcode AI