BANT Lead Qualification Questions

Budget

  • What do you currently spend now on this problem or need?
  • We’ve calculated your team is losing X amount per [week, quarter, year] on this problem. How does that compare to the budget you’ve set aside?
  • We’ve calculated your team could potentially gain X amount per [week, quarter, year] by making this [change, investment]. How does that compare to the budget you’ve set aside?
  • Whose budget is this coming out of?
  • How much would it cost to build the system by yourself?
  • How much would it cost if you haven’t fixed this issue in five years?
  • How heavily will price factor into the decision?
  • Have you identified a budget range for this purchase?
  • What’s the ROI you’re hoping to see?

Authority

  • Who will be using the product?
  • What was the last time you bought a similar product? How did the decision making process go?
  • This is normally the stage where my customer brings in [the head of Finance, the other stakeholders, their manager] to [discuss X, get their perspective on Y]. Do you want to invite [Z person/people] to our next meeting?
  • Will anyone else be involved in this decision?

Need

  • When did you identify [problem, opportunity]?
  • What steps have you already taken to address it?
  • How important is addressing this to your personal goals at [company]? Career goals? Your department’s?
  • What are your top priorities at the moment? Where does this fit on that list?
  • What happens if you don’t address this?

Timing

  • Are there any upcoming events/deadlines that you’d like to have a solution in place by?
  • Are you planning any [insert relevant project here, i.e. lead generation campaign, major hiring spree, program overhauls, etc.)?
  • What’s your [lead generation, revenue, retention, etc.] goal for [next quarter, half of the year]? Will you be able to meet that goal without some sort of change?
  • Working backward from the date you gave me, we’d need to finalize our agreement by [earlier date]. Is that sound doable?