The 25 Most Common Sales Mistakes and How to Avoid Them: . . . And How to Avoid Them
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About this ebook
--Michael A. Berman, Chief Operating Officer, Outside Ventures
In the newest edition of this valuable manual, Stephan Schiffman offers updated advice to salespeople about getting prospects and making the sale. It's not just what you do--it's what you don't do:
- Don't sell against a competitor
- Don't be satisfied
- Don't stop getting ideas
- Don't use boilerplate proposals
- Don't overuse e-mail
Stephan Schiffman
Bestselling author Stephan Schiffman founded D.E.I. Management Group in 1979 and has since led his company to become one of the nation's fastest growing sales training companies. A leader in motivational and sales training, he is a certified management consultant who has trained and consulted with a wide range of international corporations, including IBM, AT&T, Motorola, Sprint, and CIGNA. Schiffman has written over 50 books, which have sold well over six million copies internationally and have guided generations of salespeople through their career challenges. His articles are published frequently in publications such as The Wall Street Journal, The New York Times, Sales and Marketing Management, Personal Selling Power, Corporate Travel Magazine, and INC. magazine. Mr. Schiffman divides his time between managing D.E.I., selling, training, consulting, and product development. He continues to serve as a frequent guest on national radio and television shows, including CNBC’s Smart Money, Minding Your Business, Steals and Deals, and Money Talk.
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The 25 Most Common Sales Mistakes and How to Avoid Them - Stephan Schiffman
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THE25
MOST COMMON
SALES
MISTAKES
AND HOW TO
AVOID THEM
3RD EDITION
STEPHAN SCHIFFMAN
AMERICA’S #1 CORPORATE SALES TRAINER
9781598698213_0002_001Copyright © 2009, 1997, 1991 by Stephan Schiffman
All rights reserved.
This book, or parts thereof, may not be reproduced in any form without permission from the publisher; exceptions are made for brief excerpts used in published reviews.
Published by
Adams Business, an imprint of Adams Media,
an imprint of Simon & Schuster, Inc.,Inc.
57 Littlefield Street, Avon, MA 02322. U.S.A.
www.adamsmedia.com
ISBN 10: 1-59869-821-4
ISBN 13: 978-1-59869-821-3
eISBN: 978-1-44051-389-3
Printed in the United States of America.
J I H G F E D C B A
Library of Congress Cataloging-in-Publication Data
is available from the publisher.
This publication is designed to provide accurate and authoritative information with regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional advice. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.
—From a Declaration of Principles jointly adopted by a Committee
of the American Bar Association and a Committee of Publishers and
Associations
This book is available at quantity discounts for bulk purchases.
For information, please call 1-800-289-0963.
To your future
9781598698213_0003_001Contents
Introduction to the Third Edition
Introduction
MISTAKE #1 Not Being Obsessed
MISTAKE #2 Not Listening to the Prospect
MISTAKE #3 Not Empathizing with the Prospect
MISTAKE #4 Seeing the Prospect as an Adversary
MISTAKE #5 Getting Distracted
MISTAKE #6 Not Taking Notes
MISTAKE #7 Failing to Follow Up
MISTAKE #8 Not Keeping in Contact with Past Clients
MISTAKE #9 Not Planning the Day Efficiently
MISTAKE #10 Not Looking Your Best
MISTAKE #11 Not Keeping Sales Tools Organized
MISTAKE #12 Not Taking the Prospect’s Point of View
MISTAKE #13 Not Taking Pride in Your Work
MISTAKE #14 Trying to Convince, Rather Than Convey
MISTAKE #15 Underestimating the Prospect’s Intelligence
MISTAKE #16 Not Keeping Up to Date
MISTAKE #17 Rushing the Sale
MISTAKE #18 Not Using People Proof
MISTAKE #19 Humbling Yourself
MISTAKE #20 Being Fooled by Sure Things
MISTAKE #21 Taking Rejection Personally
MISTAKE #22 Not Assuming Responsibility
MISTAKE #23 Underestimating the Importance of Prospecting
MISTAKE #24 Focusing on Negatives
MISTAKE #25 Not Showing Competitive Spirit
Bonus Mistakes
NEW MISTAKE #26 Not Having a Fallback Position
NEW MISTAKE #27 Not Asking for the Sale
NEW MISTAKE #28 Not Getting Enough Information
NEW MISTAKE #29 Not Knowing When to Stop Talking
NEW MISTAKE #30 Taking a Leisurely Sales Approach
Quick Reference Summary
Acknowledgments
I would like to thank the following people for their help with this book: Anne, Daniele, and Jennifer for their unceasing support.
Introduction to the Third Edition
Once or twice a year I’m asked to revise one of my old books. Some might suspect that revisiting old work is boring in a déjà vu, been-there-done-that kind of way. On the contrary, I look forward to it.
For one thing, looking back reaffirms the basic tenets of my sales philosophy. I make very few changes of any kind and none of any substantive nature. If these books required substantial revision, it would mean that what I’ve been preaching is wrong.
But sometimes there are amusing aspects to my nostalgic trips back in time. For example, somewhere in the middle of a prior edition of this book I suggested it is appropriate to send a thank-you note to a prospect following a first visit, a reminder of what was discussed and that you’ll be getting back to him shortly. Moreover, I even told you how to prepare the note on a good typewriter.
Can you even find a good typewriter in an office now?
Technological advances aside, the basic to don’t
list offered here is as valid today as it was when it was first written about a decade and a half ago.
In fact, the rules may be more pertinent today than they were then. As this introduction is being written, the American economy is in terrible shape. Oil prices, which were outrageously high, are lower—but who knows for how long. We’re in the midst of a mortgage crisis. And unemployment is the highest it’s been in years. There’s even talk that America’s largest auto companies are being driven to bankruptcy.
Hopefully, all that will have changed by the time you read these words. With any degree of luck, we’ll all be back on the road to prosperity. But in an ironic way, I believe these down times are good for us.
When we—and by we
I mean sales reps—go through a period of prosperity, we tend to get sloppy. Orders come in so easily—whether we do things correctly or not—that we forget the basics. Bad times serve as a wake-up call, a reminder that if we continue to make silly (okay, stupid) errors, someone else will get the business.
The original version of this book included twenty-five common sales mistakes—and how to avoid them. I’ve added five new mistakes
—reflecting patterns of errors I’ve noticed in classes over the last few years.
Finally, I’ve always been a little leery of part of this book’s title: 25 Most Common Sales Mistakes blaring across the cover struck me as a little negative. I always suspected that that was all potential readers ever saw. People never like to be told that they’re doing something incorrectly. I understand that. That’s why I think it’s important to focus on the other part of the title—how to avoid them, how to stay on track, how to close sales in any environment.
I think you’ll enjoy this book. More important, I think you’ll profit from it. And if you have any suggestions, feel free to contact me in care of sschiffman@steveschiffman .com.
I answer all correspondence. Especially the letters from people who enjoyed the book.
Stephan Schiffman
February 2009
New York City
Introduction
This book is not a cure-all; it doesn’t promise an instant turnaround to your sales career. My feeling is that, without your efforts and commitment to your own results, no book can do that.
This book can, however, be used as an effective tool for identifying and resolving the most common and troublesome sales mistakes—the ones that needlessly eat away