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What is Closed-Lost?

A Closed-Lost opportunity is one where you have tried to sell your product or service to a potential customer, but they have decided not to buy from you. This could be for a variety of reasons, such as finding a cheaper alternative elsewhere, or simply because they don't have a need for your product at the current time. Whatever the reason, a Closed-Lost opportunity represents a missed sale.

Sales Development
What are the different types of Closed-Lost Deals?

There are four different types of Closed-Lost Deals:

1. No Longer Needed - The customer no longer has a need for the product or service.

2. Price - The customer found a better price elsewhere.

3. Competitor - The customer chose a competitor's product or service over yours.

4. Lost to Status Quo - The customer decided to stick with the status quo and not make a change.

SalesHive's Mission Is To Make Scaling B2B Lead Generation Easy & Affordable

Founded in 2016, SalesHive has grown from a team of two to now employing hundreds of US-Based sales development reps, while simultaneously building one of the most innovative approaches to modern sales development, all without raising any funding. By combining our highly experienced team and groundbreaking proprietary technology, we’ve booked tens of thousands of meetings for over 200 B2B clients across every major industry.

We built SalesHive on the premise that modern sales development was flawed, and the companies building outsourced programs were only contributing to that. Our unique approach empowers clients to build industry leading Sales Development programs that deliver real results with the assurance of total transparency, flexible month-to-month contracts, and flat-rate pricing.

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