74% of sales leaders agree: They're more likely to purchase if a salesperson takes a data/insights-driven approach. To help you get there, a qualification framework isn't just useful — it's critical.
With so many competing signals, longer deal cycles, and multiple decision-makers, MEDDPICC stands out as a powerful sales methodology that reps can use to navigate the complexities of today's market. Here's how to use it to your strategic advantage.
MEDDPICC is a sales methodology that helps reps qualify every deal in an efficient, consistent way. The acronym stands for Metrics, Economic Buyer, Decision Criteria, Decision Process, Paper Process, Implicate the Pain, Champions, and Competition.
Metrics refer to the quantifiable goals and objectives that a potential buyer aims to achieve with your software solution. Understanding these metrics is crucial for tailoring your pitch and demonstrating the value of your product.
Examples: Increase lead generation by 30% within the next quarter, reduce customer churn rate by 20% over the next year
Questions to ask:
The Economic Buyer is the person or team with the authority to make purchasing decisions. Identifying and engaging with this key stakeholder is vital for closing deals.
Examples: Chief Financial Officer (CFO), Head of Procurement
Questions to ask:
“In this economy, you don't have a real deal unless you have a commitment from an exec sponsor, an economic buyer, or the highest ranking person in the department you are selling into.”
Understanding the criteria that the buyer will use to evaluate software solutions helps you tailor your pitch and demonstrate how your product meets their needs.
Examples: Cost per license, integration capabilities with existing systems, scalability to accommodate future growth
Questions to ask:
The decision process is a series of steps the buyer follows to go from making an evaluation to making a decision.
Examples: Initial discovery call, followed by a product demo, then a formal proposal review
Questions to ask:
The paper process is the series of steps required to move from decision to signature. It’s often determined by a procurement team and requires legal and security reviews. Knowing the steps and timeline involved in the paper process helps you understand the true timeline to closing a deal and avoid surprise deals. That said, it’s less urgent to nail this down in your first meeting.
Examples: legal review, privacy review
Questions to ask:
Understanding the challenges and pain points the prospect faces allows you to position your solution as the ideal remedy.
Examples: inefficient lead management processes, high customer churn rate, low adoption
Questions to ask:
A champion is someone within the prospect's organization who supports your solution and can advocate for its adoption.
Examples: a department head who has used your solution in the past, a director who is excited about the value you can deliver
Questions to ask:
Sales cycles are getting longer, and more voices need to be heard before any contracts are signed. You already know multithreading is a great practice, but cross-department threading could be your strategic advantage.
Mapping the competitive landscape helps you position your solution effectively and highlight its advantages.
Examples: similar software solutions, in-house development
Questions to ask:
More and more companies are taking advantage of complex modern sales methodologies (e.g.challenger sales methodology) to acquire new market share. To stay competitive in the current B2B environment, it's imperative to follow suit.
MEDDPICC is a modern approach to streamlining your sales strategy. It offers a comprehensive framework for qualifying sales and achieving your goals. The key benefits of implementing MEDDPICC include:
MEDDPICC provides your team with a structured blueprint. It gives your sales reps the information necessary to make actionable decisions throughout the sales process. This approach helps identify gaps in the sales strategy and prevents the sales team from wasting time on low-potential customers.
“Qualifying is not a one-off checkpoint; it's a continuous thread woven through every stage of the deal.”
By identifying pain levels and understanding decision criteria, sales teams can assess the prospect's needs and craft a perfect pitch based on extensive information about the decision maker.
This creates a targeted sales approach, benefits sales pipeline management, and increases the chances of closing the deal. Meanwhile, it reduces the risk of pursuing deals that are not a good fit.
MEDDPICC offers the sales team an actionable checklist for identifying the decision-maker, understanding the decision process, and speeding up the purchase decision. At the same time, it helps sales reps evaluate the customer's potential to get to the bottom of the sales funnel. All of this contributes to higher deal closure rates and reduces the sales and marketing spend.
While it's easy to follow these guidelines in theory, getting your reps to use your sales methodology in a consistent, standardize way can be challenging without the right technology. That's why Outreach provides a structured framework for teams to document qualification criteria throughout the sales process — whether they're researching a prospect or reevaluating decision criteria during final negotiations.
Smart Meeting Assist automatically summarizes your recorded sales meetings using AI. It can answer direct questions about what was discussed and capture next steps mentioned during the call. Even better: responses include deep links to the relevant time points throughout the call recording, so users can play back key moments for full context.
When a deal is on the line, every minute counts — and with Outreach, time is on your side. Data shows that sellers wielding Outreach's account planning tools close deals 26% faster than those who manage their deals the old-fashioned way. Take a look at a typical day in the life of Brian Gerrard, an Account Executive who leverages Outreach to its fullest potential. His story could be the blueprint for your next success.
Discover how Outreach helps you leverage deal insights to align with your buyers, sell with confidence, and advance more deals to the next stage.
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