14 reasons why your sales force is losing business to the competition
If your sales force is losing business to the competition because of the recession, lack of sales management or lack of sales force performance, you know that avoiding the decreasing trend becomes challenging and not an easy task any more!
Statistics show that in last few years the percentage of businesses that close their door is incremental and the way of doing business is changing drastically.
Nothing is more frustrating than losing business to your competitors – specifically when you there is great solutions to avoid it. frustration growth when your sales force is telling you that it is this close to get the deal but didn’t. Why did you lose it?
Our learning experience In most companies and for most salespeople show that losing business comes down to one or more of the following several factors :
- Sales force don’t listen
- Sales force assume too much
- Questions weren’t tough enough
- Sales force did not differentiate the company effectively
- Compelling reasons to buy were never identified and addressed
- Poor qualification
- Poor relationship
- Lousy job of putting the value proposition into prospect’s context
- Premature proposing, quoting and presenting
- Lack of questions about the competition and/or incumbent
- Selling at the wrong level or to the wrong people
- Ineffective differentiation
- Sales force present features instead of benefits instead
- They were outsold
Identify why you are losing business to the competition and tell what can be done to fix it. All types of companies can use these solutions to their needs whatever they are small, medium or corporations. Solutions that should address their specific problems and needs.
For example, a typical company have in general , 20% of its sales force that achieve the sales targets while the remaining 80% are facing difficulties or performing poorly. the first thing that we need to know what is holding my team back?
A Ground Zero Skills Assessment become a must to have answers to address them in the shortest time possible:
- can they achieve what I want to achieve?
- do they have the potential to grow?
- are they trainable? are they resistant to change?
- do they have the required skills to success?
- etc…
you are invited to take the following test to identify what it the best for your company
Let me know your comments?