Reference
Sales Frameworks & Acronyms
Plain-English definitions, letter-by-letter breakdowns, real examples, and when each framework actually applies — curated by the LemCoach product team.
Qualification
Frameworks for scoring whether a deal is worth pursuing
MEDDPICC
Metrics, Economic Buyer, Decision Criteria, Decision Process, Paper Process, Identify Pain, Champion, Competition
MEDDIC
Metrics, Economic Buyer, Decision Criteria, Decision Process, Identify Pain, Champion
MEDDICC
Metrics, Economic Buyer, Decision Criteria, Decision Process, Identify Pain, Champion, Competition
BANT
Budget, Authority, Need, Timeline
SPICED
Situation, Pain, Impact, Critical Event, Decision
CHAMP
Challenges, Authority, Money, Prioritisation
ANUM
Authority, Need, Urgency, Money
GPCTBA/C&I
Goals, Plans, Challenges, Timeline, Budget, Authority, Negative Consequences, Positive Implications
NEAT Selling
Need, Economic Impact, Access to Authority, Timeline
Methodology
End-to-end sales philosophies and systems
SPIN Selling
Situation, Problem, Implication, Need-Payoff
Challenger Sale
Teach, Tailor, Take Control
Sandler Selling System
Pain, Budget, Decision (the 7 Sandler steps)
SNAP Selling
Simple, iNvaluable, Aligned, Priority
Value Selling
Selling based on quantified business outcomes
Solution Selling
Selling outcomes, not products
Consultative Selling
Acting as a trusted advisor rather than a vendor
Process
Repeatable steps in the sales cycle
SQL vs MQL
Sales Qualified Lead vs Marketing Qualified Lead
Discovery Call
The first substantive conversation between an AE and a prospect
Cold Call
An unsolicited phone call to a prospect
Cold Email
An unsolicited email to a prospect
Objection Handling
The discipline of responding to buyer concerns
QBR
Quarterly Business Review
Sales Forecasting
Predicting future sales results from current pipeline
Metric
The numbers sales teams measure
TAM SAM SOM
Total Addressable Market, Serviceable Addressable Market, Serviceable Obtainable Market
ARR
Annual Recurring Revenue
MRR
Monthly Recurring Revenue
ACV
Annual Contract Value
LTV
Lifetime Value
CAC
Customer Acquisition Cost
NRR
Net Revenue Retention
Talk Ratio
The percentage of a call the rep is talking vs. listening
Filler Words
Verbal fillers like 'um,' 'uh,' 'like,' 'you know'
Pipeline Coverage
The ratio of open pipeline to the quota gap
Quota
A rep's individual revenue target for a defined period
OTE
On-Target Earnings
Sales Commission
Variable pay tied to sales performance
Win Rate
The percentage of qualified opportunities that close-won
Sales Cycle
The end-to-end length of a deal from first touch to signature
Framework
Models and structures used throughout sales
FAB
Features, Advantages, Benefits
AIDA
Attention, Interest, Desire, Action
ICP
Ideal Customer Profile
Buyer Persona
A semi-fictional profile of your target buyer
Elevator Pitch
A 30–60 second persuasive summary of what you do and why it matters
Value Proposition
The promise of value a product delivers to a customer
SDR
Sales Development Representative
BDR
Business Development Representative
AE
Account Executive
CSM
Customer Success Manager
Champion
An internal advocate inside the buyer's organisation
Economic Buyer
The single person with budget authority to approve the purchase
Closing Techniques
Tactics for asking for the order