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How to Win With MEDDIC During a Downturn
Robin 4 min
Robin 14 December 2022

How to Win With MEDDIC During a Downturn

CONTENTS

KEY TAKEAWAYS
  • Seek out prospects who align well with your go-to-market strategy and have high win potential, rather than just replicating your best customers. This approach can shorten sales cycles and increase your close rate.
  • Establish urgency by highlighting pain points and the value of addressing them. Top sellers do this by engaging in two-way discovery to fully understand and address the prospect’s unique challenges.
  • While not a forecasting tool itself, MEDDPICC helps improve forecast accuracy by providing greater deal clarity. In uncertain times, an accurate forecast is essential to make sound business decisions.
  • In a downturn, it’s crucial to address concerns around risk and efficiency for the economic buyer. Build a robust business case that aligns with their focus on ROI, cost of change, and future-proofing.

In a recent webinar, MEDDICC CEO Andy Whyte shared practical ways sellers can prepare for a challenging market and still win. Economic downturns don’t automatically mean declining results. In fact, past recessions have often forced SaaS companies to become more focused, disciplined, and efficient.

Here are ten tactics to help you do exactly that.

1. Shift to Efficient Growth

More pipeline doesn’t always mean more wins. Chasing large volumes of opportunities often spreads sellers too thin. Instead, focus on efficiency. Stronger qualification, larger deal value, and higher conversion rates drive better outcomes.

A helpful way to think about this is the Sales Velocity Equation:

Sales Velocity = ACV × Conversion Rate × Number of Opportunities / Time to Close

Improving any of these factors increases revenue velocity without simply adding more deals to your pipeline. Read more about the Sales Velocity Equation.

2. Think Ideal Prospect Profile, not Ideal Customer Profile

Many sellers assume they should target organizations that look like their best customers. But those customers are often complex enterprises with long buying cycles and many stakeholders.

Instead, define your Ideal Prospect Profile. These are organizations where you already have strong go-to-market support and high win rates. They operate in healthy markets and have relatively agile buying processes. Focusing here improves efficiency and shortens sales cycles.

3. Create Urgency by Implicating Pain

At MEDDICC we often say: Pain + Value = Urgency.

Finding pain is not enough. Sellers must ensure the problem is understood, shared across stakeholders, and recognized as urgent.

There are three levels of selling:

  • Bad sellers find surface-level pain and point to product features.

  • Average sellers connect pain to lost value and build a business case.

  • Top sellers implicate the pain. They run two-sided discovery, understand the customer’s goals, and ensure stakeholders fully grasp the impact of the problem.

When the pain is clear and widely felt, urgency follows.

4. Build Confidence with Metrics

Customers gain confidence when they see proven results. Use Metrics and customer stories to show measurable impact. Start with the customer’s situation before your solution, explain the pain they experienced, and then show the quantified value delivered afterwards.

These conversations help prospects see the potential outcomes for themselves.

5. Level Up Decision Criteria

Average sellers uncover technical requirements and try to match them.

Top sellers recognise that Decision Criteria have three dimensions: technical, economic, and relationship. Often, the customer hasn’t fully defined these yet, which creates an opportunity to help shape them.

In a downturn, economic criteria become especially important. Buyers care about ROI, risk, cost of change, and time to value, not just price.

6. Rethink the Forecast

MEDDPICC is not a forecasting tool. It’s a framework that helps sellers move from deal uncertainty to deal confidence. But when used alongside forecasting, it strengthens accuracy.

Many companies struggle here. A large percentage of organizations lack a formal forecasting process, and many sales leaders lack confidence in their numbers.

Accurate forecasting becomes even more important in uncertain markets. It helps leaders make better investment decisions and manage risk.

7.  Align and Engage with the Economic Buyer

Alignment with the Economic Buyer is critical, particularly during a downturn.

Their priorities often shift toward risk reduction and efficiency before revenue growth. Sellers need to build a clear business case that addresses ROI, cost of change, risk, and time to value.

Speaking the Economic Buyer’s language strengthens the path to approval.

8. Level With Your Champion

Transparency helps build stronger Champions. Explaining your approach to value, stakeholders, and process gives them clarity on how you work and how they can help move the deal forward internally. When Champions understand your process, they become more effective advocates.

9. Lock in Time Frames With the Decision Process

Deals move faster when there is a clear timeline. Start with the compelling event and work backwards to understand the steps required to reach it. If no compelling event exists, create one.

Work with your Champion to map the Decision Process and align on the milestones leading to the customer’s go-live date, not just the contract signature.

10. Prepare, Prepare, Prepare!

Finally, focus on fundamentals. Research the customer. Send agendas. Align with internal teams before meetings. Preparation might sound obvious, but it’s often overlooked.

Consistent preparation, combined with a structured framework like MEDDICC, creates the discipline needed to win even in difficult markets.

 

If you’re curious about how MEDDICC can help you win, no matter what the economy is doing, get in touch!

Robin

Robin

Robin Daly is Content Editor at MEDDICC, and is responsible for different long-form pieces as part of MEDDICC Media. She is based in Glasgow, where she frequently drinks too much coffee and tries to justify her stack of unread books she keeps adding to.

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