Sales Career Training Institute
That Salespeople Encounter
And Reasons Prospects Don't Buy
In 1999, the Sales Career Training Institute began to conduct a series of surveys, which our organization continues to build upon even today to keep up with trends in marketing and sales. The purpose of the surveys was to determine the biggest problems that salespeople were encountering as well as the main reasons why buyers weren’t buying.
7 Common Problems That Salespeople Encounter
Following is a summary of the seven most prevalent problems encountered by salespeople as reported by sales managers and salespeople:
1) Our sales cycle is too long.
2) Our closing ratio of proposals to actual sales is too low.
3) Too often we are dealing with prospects that don’t have decision-makingpower.
4) Our prospects use our quotes to get better prices from our competition.
5) We constantly must compete on price and so we must discount to win business.
6) We can’t get enough qualified leads.
7) The prospects we do get into the pipeline never seem to develop into actual sales.
These are all very common problems that salespeople encounter, and wewill address each of these issues and many more as we delve into the
FEAR Selling System.
But we can only begin to understand how to solve these problems by studying buyer attitudes and behavior.
5 Reasons Prospects Don't Buy
Following is a summary of the five most prevalent reasons for not buying asreported by prospective buyers:
1) I get worried when salespeople don’t take the time to get to know myspecific problem.
2) I don’t feel that salespeople have my best interests in mind.
3) I’m afraid that they won’t be able to deliver what they say they candeliver.
4) My job is on the line, so I can’t trust new vendors.
5) I don’t trust salespeople that talk at me instead of with me.As you can see, the majority of the answers to this survey revolve aroundfear and mistrust.
Our research on buyer behavior and attitudes – as well as many otherstudies that we will reference throughout
– reveals thatpeople buy emotionally rather than intellectually.
The decision to buy or not to buy is more subjective than you might think.We have found that despite bidding processes and return-on-investmentanalyses that your prospects might demand, they typically buy based onemotions.