Persistence and the Honourable Retreat

Did you know:

• Over 50% of sales people give up at 1st contact if they get a ‘NO’ from the prospect never to go back to that prospect again .
• At the 5th contact 7% of sales people are left to speak with the prospect to see if they can do business together.
• At the 8th contact there is only one sales person left to work with the prospect. Hopefully it is you.

Many sales people, especially those new to sales, often take it personally when a prospect says ‘NO’. Many fail to persist and often fail to favourably position themselves to ‘leave the door open’ for future contact thus limiting their sales opportunities even further.

Now I understand there can be a fine line drawn between persistence and harassment, however in order to have a steady stream of sales coming in the door we need to ensure that we have a regular mix of prospecting activities happening on a daily basis.

Sometimes we will strike viable and interested prospects and other times we come across viable but not interested prospects. Don’t burn those viable and not interested prospects as they may become viable and interested in the future. But you will never know if you don’t go back.

Here are some handy hints to make sure you can go back to these prospects in the future and give yourself a chance of working with them.

Don’t take it personally
If a prospect doesn’t commit to seeing you it could be due to one of the following reasons:

• They do not have a need right now
• They do not fit your target market
• They do not perceive having a need right now
• They have other associations or relationships
• They are not convinced they need to see you

Honourable retreat
Don’t give up. Whenever you make contact with someone make sure you always leave a favourable impression. Make sure they felt it was worthwhile to speak to you even if they don’t fit your target market – you never know who they might know.

Allow for the honourable retreat if they cannot meet with you now:

• Seek permission to send some information for their review
• Seek permission to follow up in the future
• Seek permission to keep in touch in case their current suppliers cannot support them in the future
• Ask for a referral

Follow up with persistent daily effort
Choosing your state of mind, your attitude, is critical in when prospecting and selling too. Successful salespeople know that prospecting doesn’t happen by chance it is requires a consistent and persistent effort.

Successful sales people:

• Diarise follow up calls
• Use a CRM to track activity
• Keep a number of activities on the go
• Prioritise
• Persist

Happy and prosperous selling