Sales talk: How to deal with “no” responses
It can prove very difficult
to accept that a prospective sales client has given you a definite “no” answer,
because it often makes sales persons feel that all their efforts have gone to
waste. But this is also an occasion to
move on, to finally be liberated and now focus on other possible clients.
Sometimes the no comes
during the later stage of proposal delivery, which can be doubly
frustrating. At this point the client
has already received everything from your side, but there’s still that chance
that the he or she would back out. Adopting
a move-on mindset may be the best way to deal with such situations. For example, if the proposal has been sent
and remains dormant or not acted upon for a significant amount of time, then
it’s most likely that you’ve lost that sale and it’s time to move forward. In other words, be practical and pragmatic.
Of course, there’s no harm
is giving it one last try and simply asking.
Don’t apply a harsh or demanding tone but come across as hopeful. You may want to open the dialogue by phrasing
your words this way: “I guess you’ve already decided to not do business with me
for this particular project. But even
though we can’t make this work now, I hope the rapport we’ve built will allow
us to do business in the future.”
By using this approach, you
will make it easier for the client to say no if that’s what he or she plans on
doing, anyway. And you’ve likewise
opened the possibility of a future deal pushing through. You’ve reinvigorated your business
relationship, and, in the end, you still win.
Michael Giuffrida is an experienced entrepreneur with expertise in business management, profitable growth, business valuation, mergers and acquisitions, and I.T.-managed services. He is a managing partner at Titan Strategic Partners. For more business tips and insights, click this link.
Michael Giuffrida is an experienced entrepreneur with expertise in business management, profitable growth, business valuation, mergers and acquisitions, and I.T.-managed services. He is a managing partner at Titan Strategic Partners. For more business tips and insights, click this link.
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