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Seven Myths That Screw Up Sales

May 1st, 2008 @ 6:54 am

3 Comments

Categories: Cold Calls, General, Sales Skills, Sales Tips

Tags: Myth, Sales Representative, Prospects, Sales Strategy, Sales Force Management, Sales, Geoffrey James

Myth and Truth, evidently

If your sales success isn’t where it ought to be, you may be operating under the weight of one or more persistent (and pernicious) myths about selling. Here they are:

  • Myth #1. All qualified prospect are potential customers. Truth: Only certain prospects should and will buy. Some of them aren’t going to have a budget or can’t really use your product. If so, it’s time to move on.
  • Myth #2. You should never take “no” for an answer. Truth: If a prospect is being difficult, and you’re doing everything right, you’re better off moving to the next prospect. Frankly, if your offering has value, it’s their loss, not yours.
  • Myth #3. Persistence always pays off. Truth: Persistence in pursuit of an unlikely or unwanted customer wastes valuable resources. There’s a point where it’s time to bail, even if you’ve already spent time and effort.
  • Myth #4. A good sales rep can sell anything to anybody. Truth: A good sales reps weeds out poor prospects and focuses on high-gain opportunities. Trying to work every opportunity smacks of desperation.
  • Myth #5. Customers know exactly what they need. Truth: Customers can be unclear and even wrong about their needs; it’s the job of the sales rep to figure out what’s needed.
  • Myth #6. You should never walk away from money on the table. Truth: If you sell prospects offering they don’t need in order to increase the booking, you’re running a con, not acting like a sales professional.
  • Myth #7: If at first you don’t succeed, try, try again. Truth: If you don’t succeed in finding a way to help one customer, try again… but with a different customer. There’s no point in flogging a dead horse.

The above is adapted from a conversation I had last year with Jeff Thull, author of Mastering the Complex Sale, The Prime Solution, and Exceptional Selling. Smart guy.

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  •  
    1

    eduardocardenas

    05/03/08 | Report as spam

    Thumbs up!

    Hey. I liked your Myth or Truth article. I actually agree with you so much that without reading your article I got to my sales force telling them we needed to look for more NO's in order to find the YES.

    Not everybody will be interested in our offer. The idea is to look be able to determine their interest and the possiblities of the opportunity ASAP.


    Have a good day.
    x EDUARDO

  •  
    2

    pgklotz@...

    05/04/08 | Report as spam

    RE: Seven Myths That Screw Up Sales

    There is a great deal of truth in this article - however the majority of the time it comes down to have a solid qualification tool and also understanding the political environment thst you are operating in.

  •  
    3

    PHDavis

    05/06/08 | Report as spam

    RE: Seven Myths That Screw Up Sales

    As a Manufacuturer's Rep. I have recognized the truth of these points for a long time. What is difficult is to tell that to the principals you are representing. Oftentimes they are unwilling to take a realistic view of the facts and blame no movement on the sales representative. Not all product offerings are the most wonderful in the world and certainly at times must be walked away from. Good thoughts. Keep up the good work!
    paul@salesisteaching.com (coming soon to a blog near you)

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