Fear of Rejection — The Number One Reason You Don't Have Sales.
Michael Mints
?? VP Sales & Marketing at Doug Parr Homes ??LinkedIn Top 250 Influencer 2023 & 2024 ??LinkedIn Rising Star Award 2023 & 2024
One of the bigger reasons we as Salespeople don't have sales . . . We're afraid of rejection, afraid of getting a "NO," or "I just want to think about it," or "I don't think this is a good time," or "the price is to high." Which all sounds like a NO, right! The thought of getting anything but a "YES" freaks us out!
Because of this, it is essential for us to understand that most of our fear of rejection comes from a lack of knowledge, skills, and understanding of how the sales process is supposed to work. When were truly confident in the sales process, it changes what we do and how we do it completely.
It's important for us to understand that 50% of the people we talk to on a daily basis are going to say NO because, for a number of reasons, they're not a good FIT for what we're selling!
In addition to that, potential customers say NO because they're afraid if they say YES, you're going to sell them something they don't want, need, or can afford.
We must get our head around the fact that NO is our friend, seriously my friends, NO is your friend. You should be working hard everyday to get as many NO's as possible, because every NO you get is moving you towards the YES's as quickly. For me it's about 9 NO's for every 1 YES!
The key is to APPRECIATE rejection for what it is — a learning and growing experience that makes us stronger. Just like going to the gym and working out makes us stronger; getting rejection actually makes us stronger and better Sales Professionals.
So, why do we get so emotional when it comes to rejection?
Why are we so afraid of rejection? In my experience, there are multiple factors.
We're overly concerned that we might come across as desperate or needy. But, even more than anything, we're afraid of how getting a "NO" is going to make us FEEL!!
Is your FEAR worth limiting your career and success?
You're going to have to get over yourself and get on to doing what's in your best interests. If your challenge is "fear of rejection," this is what's actually going on inside your head psychologically:
Next time you find yourself thinking like this, take a step back and ask yourself if this is true. And then think to yourself — Is this worth limiting my career? Is it worth risking my livelihood and family?
The Solution
Since you now know that the problem is more psychological than anything else, concentrate on what you CAN control, product knowledge, sales skills, the customers story, and what they want, instead of searching for excuses not to sell.
领英推荐
Confidence is key. Confidence is a work in progress for all of us, and the only real solution is consistent personal development, training, and practice.
A great way to gain confidence is by genuinely understanding the value of your product and how it will change your customer's life for the better.
When you're confident about the product, you stop worrying so much about your personal confidence, and start sounding much more optimistic to the customer because you truly believe in the product your selling and how its going to change their life.
When you become an expert on your product, you start sounding like an expert, making sales less fearful. Practice makes perfect, so get out there, practice, and SELL!
So, is there a way to make Selling easier? Is there a simple formula that will teach you how to sell the RIGHT way?
Here is my simple but effective formula for sales:
1. Genuinely connect with your client — Your ability to connect with them is the most critical step. If you mess this up, it doesn't matter how good you are at closing or selling; if they don't like you, they won't buy from you.
2. Find out their story — Ask lots of great questions to truly understand your client's needs and wants. Ask questions like a doctor to determine their story, what's changed, what is the problem they need you to help them solve.
3. Present a solution — only after you genuinely understand their story and their problem, then and only then present a solution to the problem. Show them how you can solve the problem they brought to you.
4. Overcome objections — there will always be objections. Anticipate what they are: price, timing, money, and so on. Be prepared; you know what they are. Have a well-thought-out response that rolls off your tongue. When you confidently handle these objections, you instill confidence in the buyer.
5. Close the sale — That's right, ask them to take action now, today. Ask them to make a decision! Don't make it difficult, and don't come off as pushy. I keep it easy; I simply say, "you go ahead and write the check, and I'll start the paperwork."
What usually keeps us from asking for the sale is concern over their response. Assume they're going to have an objection, assume they're going to say NO. Be prepared, you know what they're their typical objections are, be prepared to answer it, and then ask again for the sale.
Stop fearing rejection. Stop doing your clients a disservice by not asking for the sale. Assume they want to move forward because otherwise they wouldn't be there.
Ask for the sale, then ask again!
REALTOR?? at Aluxety Real Estate
3 个月Exactly Michael Mints… I always consider No to mean maybee!
Empowering introverted women 40+ to Unlock your divine calling & align your most ambitious goals with God's agenda. ?Certified Christian Life & Career Coach | Leadership Consultant | Bestselling Author | Keynote Speaker
3 个月I struggle with sales but not because I am afraid of rejection or saying no. It is because marketing is so time consuming.
Entrepreneur and Business Consultant | Your Trusted Partner in Strategic Business Growth, Resilience, and Financial Mastery | Visiting Faculty
3 个月Hi Michael , I see myself through this struggle and I agree that confidence is the game changer . You’ve expressed the fear of rejection beautifully . I can resonate with that feeling .
TEXAS REALTOR
3 个月Thank you for this ?? A great insight for everyone
Award-winning master trainer, performance coach and private adventure guide. Inspiring you to live big, do the thing & trail blaze your professional path (as I do). Welcome to my little community!
3 个月????????????????thank you for this timely reminder! It’s so hard to not take the - no response - personally. Whenever I enquire about something and get a response, I always reply back as a courtesy to let them know I’m not going to proceed with purchase. It seems like basic social ethics to me, to save fellow working people’s time. But unfortunately most don’t think this way