Thursday, February 21, 2013
Living the Life in Sales: Bending A Negative Response into Success
Living the Life in Sales: Bending A
Negative Response into Success
The chances are high that many of my weekly news blogs will be ignored. Some will just not have the time to read, others find my posts comfortably nestled into a recipient's Spam box out of the discomfort that my feelings may be hurt? I have no knowledge of who they are. Usually my feedback is when someone takes the time to acknowledge that they agree or disagree with my post. I am completely comfortable with this.
The
fear of rejection is the bane of success. If rejections scare you, you will avoid
making the difficult calls in life. And once the fear of rejection gets its
insidious claws into you, it gets worse, creating more failure.
To be
really successful (at sales or any other career), you must not just learn to
cope with occasional (and even frequent) rejections. You must also learn to
turn rejection into a goad that drives you towards ultimate success.
Differentiate
between invalid and valid rejection
There
are two types of rejections. A valid rejection is when a person doesn't do what
you want because of something that you can change. Invalid rejections are when
that "failure" took place because of something completely arbitrary
that's outside of your control.
Here is
an example of an invalid rejection:
Suppose
you make a cold call and a prospect hangs up on you. While that's a textbook
definition of "rejection", the truth is that the prospect's reaction
has nothing to do with you. What's
actually happened is that you accidentally broke the prospect's rules. You had
no way of knowing that the prospect was busy and that the prospect thinks it is okay to hang up on unfamiliar callers.
Now,
perhaps if you said something different or called at a different time, you
might have gotten a different reaction, but that's just a fiction that you're
making up in your mind. However, if you had called at a different time, the
prospect might just as easily have added a expletive before hanging up and then
sent a memo directing the company to never buy from you ever again.
There's
no way of knowing. It's not a valid rejection, its just chance.
What's
important here is that the prospect's reaction really didn't have anything to
do you with personally, because anybody else taking the same action at the same
time would have gotten the exact same outcome? You simply took an action that
didn't work.
As
soon as you realize that invalid rejections are just luck, most of so-called
rejections simply become neutral events and the entire concept starts to lose
its sting.
Understand
why you feel rejected.
Why do
you work? Is it, money, recognition, and achievement? Wrong, wrong, and wrong.
All of those reasons are just outward manifestations of your real goal: you
want to feel good about yourself.
For
example, you think that you work because you want money? Incorrect. What you
really want is what the money can buy, and I'm not talking about that new
Ferrari. I'm talking about the feeling that owning a Ferrari would give you.
No
matter what reason you give for being in sales, trace it back, and you'll
eventually get to "it makes me feel good about myself."
Therefore,
rejection "hurts" because there's something about the situation that
makes you feel bad about yourself. To test this theory, imagine the biggest
idiot you've ever known telling you that you're stupid. Do you care? No. The
"rejection" fails to sting because it doesn't assault your sense of
self. Who cares what that fool thinks?
Rejection
starts to sting as the result of three qualitative and highly subjective
factors:
Frequency. Everyone can deal with some rejection, but how much
rejection can you experience before you start taking the negative feedback to
heart? How many times can you contact a qualified prospect and get a negative
response before you begin to take it personally? In other words, getting told a
million times that you're stupid might make you question your intelligence,
even if you didn't particularly respect the people saying it.
Emotional Involvement. How emotionally involved can you become with somebody
before you feel that the other person might know you so well that criticism
hurts? For example, you might be reluctant to close because you're afraid that
your customer might feel "buyer's remorse" and stop liking you -- a
form of rejection. In other words, if you like somebody, you'll tend to feel
pretty bad if that person tells you to go take a hike.
Perceived Importance. As a sales rep, you're likely to feel most comfortable
contacting people who are of a similar (or lower) social class or educational
background. However, you might find yourself avoiding people whom you feel are
more important than yourself, because their rejection of you might seem to
carry more weight or authority.
Understanding
why you feel rejected is the first step to removing the "sting." To
do this, you take a different approach, depending on subjective reason that's
behind you're feeling of being rejected.
Remove
the Sting of Rejection. Your
job is to weaken the ability of the "rejection" situation to make you
feel bad about it.
To make yourself feel less vulnerable in this area, you
must first throw out all the invalid objections (as defined in the first step).
Don't even count them. They're nonsense. If you still feel that you're getting
a lot of rejections, then look at the norms for other professionals at your
level. If you discover that you're in the ballpark for everyone else, there's
no particular reason to feel bad about being rejected. If it turns out that you
are getting valid rejections more frequently than your peers, then you'll need
to figure out what sales skill is missing or broken in your tool kit, and then
work on it. We'll get to that in the last step of this post.
Emotional involvement. The cure for this subjective ailment is to value both
what you're offering AND the relationship. If you truly value both, then there
is absolutely NO reason why you shouldn't want your customers to be your true
friends. If it turns out your friend doesn't want or need your offering, it's
not a rejection of you, but of the need for your offering, because it's not
about you. If it's just a matter that your friend doesn't want or need what
you've got to offer, then you can go ahead and be happy for that friend didn't
buy. That's what your friend wanted and your offering is still good. And you're
doing what's right by your friend.
Perceived importance. The cure for this is simply to believe in you. Here's
the honest truth: if you're offering something that's crucial to the success or
happiness of your customer, you are as important as the biggest VIP on the
planet. Here's another big truth: most VIPs are exceedingly average people
who've stumbled into their success; they are not Gods, Among Men Whose Judgment
Must Be Validated. They're everyday men and women, just like you and me. So get
some perspective. The opinion of some is just not all that big a deal.
The
trick to bulletproofing yourself against rejection is to let people have their
own emotions and beliefs, and then simply use whatever happens as either a
signal to improve your skills (a valid objection) or a signal to exercise your
"so what" mental muscle (an invalid one).
Reframe
rejection into your path to success. In
sales, the number of rejections you get is directly proportional to how
successful you will become. The
people who hit the most home runs are the one who get up to bat the most. As
has been pointed out innumerable times, the person with the major league
baseball record for being struck out is Reggie Jackson, one of the greatest
batters of all time.
Estimate
the number of times you encounter rejection in an average day. (No need to be
entirely accurate). Now calculate your daily average salary/commission. Now
divide the number of rejections per day by your daily salary.
Example:
Number of times you get a valid rejection each
day on average: 5
Your daily salary and commission, on average:
$500
The money you make every time you get
"rejected": $100
Look
at that number carefully. That's how much money goes into your pocket every
time you encounter a rejection. The reasoning is simple. If you're not getting
rejected, you are not selling. So when you do sell, it's because you've been
willing to be rejected. The rejections lead to the sales, so you actually are
paid through the rejection process.
Subscribe to:
Post Comments (Atom)
I think having a business counselor on hand is a great idea. They used to offer counseling services in Wooster Oh at my last job and a lot of people found it super helpful. I know I did.
ReplyDelete