Doing Business by the Good Book Ch 28
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Questions and Answers

What is crucial for a salesperson to possess before attempting to make a sale?

  • Knowledge of various sales techniques
  • Full belief in the product or service being sold (correct)
  • A flashy sales pitch
  • A well-prepared presentation

What typically causes prospects to feel hesitant during a sales interaction?

  • High-pressure tactics from the salesperson
  • Excessive product information provided
  • Lack of answers to their questions
  • Salesperson's lack of confidence and conviction (correct)

What is the most effective approach when encountering a customer who expresses a lack of interest?

  • Reassess the product's price and offerings
  • Persistently push for a sale despite their objections
  • Discontinue the sales approach immediately
  • Educate the customer on the product’s benefits (correct)

What is a primary responsibility of a CEO in relation to sales?

<p>Ensuring project success by selling to their team (C)</p> Signup and view all the answers

What lesson can be learned from the car shopping experience described?

<p>Customer perception can be influenced by a salesperson's attitude (A)</p> Signup and view all the answers

What did Moses represent in the context of sales?

<p>The importance of collaboration in selling (D)</p> Signup and view all the answers

What key element differentiates high-pressure selling from persistence in sales?

<p>The salesperson's ability to listen to objections (A)</p> Signup and view all the answers

What is the central theme communicated about the role of employees in sales?

<p>Every employee contributes to the sales effort. (B)</p> Signup and view all the answers

What does the comparison of a salesperson's experience to that of Michael Jordan illustrate?

<p>Persistence and resilience lead to eventual success. (B)</p> Signup and view all the answers

What belief is highlighted as essential for good salespeople?

<p>Believing in their product and company is crucial. (A)</p> Signup and view all the answers

What is suggested about the sales process when a customer initially says 'no'?

<p>The sales process has truly begun after the refusal. (D)</p> Signup and view all the answers

What emotional challenge do salespeople commonly face, as mentioned in the content?

<p>The risk of financial instability due to commission-based pay. (D)</p> Signup and view all the answers

Which phrase reflects the attitude that a successful salesperson should maintain in the face of rejection?

<p>Assume that persistence leads to success. (A)</p> Signup and view all the answers

How is the importance of sales for a company characterized?

<p>Sales are fundamental for the company's survival. (B)</p> Signup and view all the answers

What does 'keeping the faith' imply for salespeople?

<p>They must believe in their purpose and potential for success. (B)</p> Signup and view all the answers

Flashcards

Salesperson's Role

Every employee contributes to sales; it's not just the salespeople's task.

Importance of Sales

A business's existence hinges on sales; it's crucial.

Sales Success Attributes

Grit, determination, belief in the product, and resilience are key to selling.

Rejection in Sales

Rejections, broken appointments, and impolite customers are common; they are a part of the job.

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The Sale Starts with a No

The sale truly isn't complete until the customer declines; it's not about quick deals; a sale is a process.

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Commission-Based Pay

Sales compensation based on sales success.

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Value Proposition

A strong belief in the value customers receive is crucial for success.

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Persistence in Sales

The need for salespeople to continue even when there’s no immediate success—a crucial part of the job.

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Successful Selling

Convincing a prospect who doesn't initially need a product/service that they do.

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High-Pressure Selling

Aggressive sales tactics that feel forceful or manipulative.

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Salesperson Conviction

A salesperson's strong belief and enthusiasm in their product/service.

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Contagious Enthusiasm

When a salesperson's positive energy influences the customer's thoughts and feelings.

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Sales Resistance

Objections or hesitations expressed by a prospect during the sales process.

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Effective Sales Strategy

A planned approach that includes handling objections and continuing the sale process.

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Sales Representation

Important role in selling, even for leaders who don't directly sell.

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Study Notes

Selling as a Core Company Function

  • Every employee contributes to sales; everyone at WWT is aware that sales are essential for company survival.
  • Salespeople are valued and considered essential.
  • The author champions sales, having a background in it and valuing sales as a core competency.
  • The author's belief is that selling is not just about making calls but about building relationships.

The Importance of Sales Persistence

  • Selling is more than a numbers game, success isn't about quantity but quality approach.
  • Salespeople need grit, determination and belief in their product.
  • Salespeople must persevere through rejection and negative feedback.
  • "The sale doesn't begin until the customer says no" - a sale is made by convincing hesitant customers.
  • Novice salespeople often stop selling too soon; experienced ones know when to persist or disengage effectively.

Conviction's Role in Sales

  • Selling requires 100% belief in the product or service.
  • Selling yourself is essential - one's conviction affects the perception the buyer receives.
  • Enthusiasm and passion are contagious and affect customer's behavior.
  • Sincerity and integrity are conveyed through one's conviction.
  • A salesperson's lack of belief negatively impacts sales - hesitation is contagious.

Selling as a CEO Responsibility

  • CEO's also actively participate in sales.
  • CEOs spend a large portion of time in meetings with customers and vendors.
  • Internal selling (getting stakeholders on board) is equally important.
  • Project success depends on internal support.
  • The author's belief is that selling is essential, even for a CEO, reflecting an approach that considers sales a vital part of any business function.

The Importance of Support Staff

  • Other staff play a role in sales; a strong sales team is needed to support sales activities.
  • Delegation of sales responsibilities is appropriate for CEOs focusing on other areas of the business.
  • Biblical reference to Moses and Aaron Highlights the importance of sales representatives, instruction, and motivation for effective sales.

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Description

This quiz explores the significance of sales as a core function within a company. It emphasizes the importance of persistence, relationship building, and conviction in the sales process. Understanding these concepts can enhance sales strategies and improve overall business performance.

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