Sunday, March 23, 2014

HOW REJECTION CAN BE YOUR MOST EFFICIENT SALES TOOL



Yes, Its true. Sales Rejection, if handled right, can be one of the most potent selling tools, provided of course, that your boss is not the younger (or elder) brother of Hari Sadu (of the Naukri.com TV ad fame).

Why's that? That is because it is only by rejection that one learns. I remember once in my first visit to the man who will be placing the order, as I shook his hand and I handed over my card, Mr. Customer was just looking at my company name and logo and then he asked me " Do you deal with XYZ's products? " and incidentally XYZ was our main competitor-the No 1 in the country with us at No.2. I stared at him, taken aback and told him that they were our competitor. The small room was full of nervous energy and the funny point struck both of us. We smiled and the tension was broken. I told him that I am there to sell my company's products and that I did not have a clue as to how to do that, so I would be obliged if he gives me some advise as to how I can convince him to give us a try-out. That was the start of an excellent relationship and I'm happy to say that after three years, I had replaced most of XYZ's products by ours.Anybody can sell new products to a new factory but phasing out your competitor is not easy, let me tell you. 

Whenever you read success stories of people, do you really think that this person , who has written a book on sales, succeeded every time he pushed. Nope-that is impossible.  Rejection is as much a part of the sales rep's official experience as acceptance is. In fact the average sales rep is more at home with rejection than acceptance.What you need to do is after each rejection, you need to list down and find what went wrong.