No matter how good of a salesperson you are, some deals will just simply not continue. When this happens and a deal is marked as lost, providing a reason can help you better understand trends or circumstances when you need to look back on your deal history.
Freeform lost reasons
- are provided by any user marking a deal as lost
- allow a user to provide their insight as to why the deal did not proceed
Predefined lost reasons
- are programmed by an admin user as a list for other users to choose from
- can be chosen from this list when a deal is marked as lost, allowing for consistent and effective information about why a deal did not proceed
Both of these options allow for the user to provide additional comments about why that specific deal was marked as lost. These comments are placed in the lost deal as a pinned note so that you can always refer back to the specific information regarding why that deal was marked as lost.
To use your lost reasons, simply mark a deal in your Pipedrive account as lost.
When done, you will receive a prompt asking for a reason for marking that deal as lost in your account.
When finished providing your insight as to why the deal was lost – including any extra comments you may have – click the "Mark as lost" button.
When the "Mark as lost" button is clicked, the status of the deal will be changed to lost, and that provided lost reason will be made visible in the details section of that deal's detail view.
If you provided other comments in the provided section, those comments will be saved as a pinned note, viewable in the detail view of that deal.
Using this documented lost reason information, you can get an idea for trends within your sales – like if a certain category of customers is not likely to finish a sale around a certain time a year, or if a competitor is beginning to poach away some of your customers.
To get an immediate idea of your lost reasons:
- Go to the deals tab of your Pipedrive account and then to the list view.
- Using the filter button, find the lost deals within your Pipedrive account.
- When displaying those lost deals, click on the gear icon on the right side of the Pipedrive app.
- Select the lost reason column to display in your list view, and click "Save".
With that lost reason column now displayed, you should see the reasons provided for why each specific deal was marked as lost.
Your lost reasons can also be tracked effectively within the Insights feature.
- Click on the "Insights" icon in the navigation bar on the left-hand side of your screen.
- Click on the plus "+" sign next to the search bar and select Report > Deal > Performance.
- Depending on your needs, customize or delete the pre-defined date filter.
- Add a filter for lost reasons.
In this view, you will be able to better understand the nature of why you are losing your deals, using your own detailed information.
Learn more about deal performance reports in this article.