If you’re in sales or marketing, you’ve likely heard of SALs. If not, perhaps you’d like to know what a SAL is and the meaning it has in your business.
Coordinating sales and marketing efforts is key to shaping the buyer’s journey from the top to the bottom of the sales funnel. The marketing team toils to capture marketing-qualified leads (MQLs)—leads the marketing team determines are likely to become customers—and hand them off to the sales force.
Sales is then responsible for vetting those MQLs to ensure they meet the requirements for sales accepted leads (SALs), nurturing them to become sales-qualified leads (SQLs), and finally converting them into customers.
But what are SALs, and what do they mean in business? SALs are MQLs that have been through a standardized lead acceptance procedure, meet the approved criteria for sales readiness, and are accepted by the sales team for nurturing.
In this post, we’ll discuss what SALs are, the benefits of qualifying MQLs as SALs, and the best criteria for a SAL. Let’s get started!
A SAL is a sales accepted lead, and the meaning of SAL in business is tied to the lead qualification process from marketing to sales teams. SALs are MQLs accepted by the sales team after going through a formal lead acceptance process and meeting the established criteria for sales-readiness.
Most businesses design a lead acceptance procedure where the sales team must qualify MQLs as SALs before they’re approved as sales-ready. This process guarantees harmony between marketing and sales during the lead hand-off. Usually, this entails:
Reaching a marketing and sales agreement on what constitutes a SAL and how they will score it.
Establishing a service-level agreement (SLA) outlining the sales team’s expected follow-up actions following the acceptance of a new lead and the timeframe within which they will complete those actions.
In most cases, SALs are vetted based on factors such as the nature of the lead’s position, the organization’s size, the type of industry they work in, and the availability and quality of lead data.
Why are SALs important?
With well-defined criteria for what constitutes a SAL, you can direct your sales team’s efforts to where they will provide the greatest return. As a result, you can be confident that the leads you send to sales are already familiar with your company and its products or services.
Furthermore, SALs can assist your teams in the following:
Spotting prospective customers who will respond well to specific or customized follow-up
Knowing when to hand over a prospect from marketing to sales
Boosting sales efforts by focusing on the most promising prospects
Reducing the number of time sales spend on general prospecting
Estimating potential income by spotting promising leads in the bottom stage of a sales pipeline
Simply put, SALs help you avoid endlessly walking about in search of your next client. They point the way to untapped sources of income that can help your company expand. When you take the time to cultivate your SALs, you open up a valuable channel for bringing in new clients.
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We’ve already established that SALs aid in directing your sales team’s efforts into the areas that will yield the highest return on investment (ROI). However, not all prospects that express interest in your business qualify as SALs. How do you determine which leads warrant your sales team’s attention, then?
Budget: An ideal SAL has a budget available and can afford to buy from you. Your sales team may occasionally need to assist management with budgetary problems or resource acquisition.
Authority: The SAL has the authority to approve a sale or at least gain the necessary support to close the deal. This problem can arise in any commercial transaction, including business-to-consumer (B2C) and business-to-business (B2B) sales.
Need: The right SAL genuinely needs what you’re offering. They’re likely experiencing a difficulty that your offering can alleviate.
Timeframe: The SAL wants to purchase within a specific period. B2B sales cycles may last six months to a year or more. However, B2C acquisitions are often made in a much shorter time.
Readiness: Your data indicates that the SAL has reached the decision stage of the sales funnel and is ready to make a purchase. The SALs focus on one or two of your products or pricing plans is an indication of readiness.
When everyone involved in the sales process uses the same definition of SAL, you can streamline your sales operations. Your sales team will be more productive if they pursue high-quality leads instead of a broad range of possible customers.
The benefits of qualifying MQLs as SALs
Qualifying MQLs as SALs can save time, effort, and resources by directing your sales and marketing efforts on leads that are more likely to convert into paying customers. It also allows you to fine-tune and expand your offering to more closely satisfy your niche market’s requirements.
But that’s not all. Take a look at a few other benefits of qualifying MQLs as SALs and what that means for your business:
Coordinates efforts between marketing and sales
Minimizes the number of leads leaking through the cracks of the sales funnel
Tailors your follow-up promptly
Facilitates rapid problem diagnosis and resolution
Coordinates efforts between marketing and sales
We previously mentioned that synchronizing marketing and sales activities is vital to influencing the customer journey from the beginning to the end of the sales funnel and increasing revenue. By incorporating a SAL step into your sales process, you can ensure that your teams are on the same page regarding the lead qualification process and criteria.
Minimizes the number of leads leaking through the cracks of the sales funnel
Since the sales and marketing departments must be on the same page regarding lead scoring and qualification, most leads can sometimes stay within the MQL stage. A SAL step in the sales process facilitates the flow of leads and lessens the likelihood of losing a valuable prospect.
Tailors your follow-up promptly
The marketing and sales departments typically have an SLA to guarantee a timely follow-up. When a lead is in SAL status, sales has 24 hours to contact them. As a result, incorporating a SAL step into your sales process can help tailor your follow-up effectively and promptly.
Facilitates rapid problem diagnosis and resolution
If your sales lead acceptance rate is lower than 90%, it’s evident there was some ambiguity between the sales and marketing departments. The SAL method will guide you through locating the problem’s source and rectifying it efficiently.
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Increasing the number of marketing qualified leads converted to sales accepted leads requires collaboration between sales and marketing teams. Together, they can improve your business’s SAL numbers by focusing on the following areas:
Identify your ICP: Outline the precise characteristics of your ideal customer profile based on your current customer base for better targeting.
Score leads: Set up a lead-scoring process to ensure your teams focus on leads that are more inclined to become customers, increasing your SALs.
Define your goals: Ensure your sales and marketing teams are aligned in terms of goals and rewards to encourage open collaboration and support.
Generate more interest: Implement proven demand generation strategies, such as SEO, content marketing, social media marketing, webinars, and more, to increase accepted leads.
Improve lead generation: Employ more aggressive lead generation tactics, like PPC ad remarketing and similar audience targeting, and introduce business intelligence tools, landing pages, and gated content.
Provide more information: Ensure your leads have all the information they need to make an informed decision, with a focus on highlighting your product’s benefits.
Contact your customers:Schedule a meeting or call with your leads to discuss their needs and determine whether your offer is a viable solution for them.
Keep track of your MQLs, SALs, and SQLs with Nutshell
As a marketing or sales manager, you know that it’s essential that you track every lead meticulously so that you can monitor their progression through the sales funnel. However, without the proper equipment, this might be challenging. That’s where a customer relationship management (CRM) platform like Nutshell comes into play.
With Nutshell, you can automatically import leads and sort them into different buckets based on various criteria, such as whether they are MQLs, SALs, or SQLs. Sorting things out in this way will undoubtedly upgrade the quality of your work.
We don’t expect you to dive headfirst into our CRM without getting a feel for how it operates. That’s why we offer a no-risk, 14-day free trial of Nutshell for your convenience. Get started right away!
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