Solving the Equation of Sales

Episode 6 Why Change

June 12, 2023 Tim Gibbons Season 1 Episode 7
Episode 6 Why Change
Solving the Equation of Sales
More Info
Solving the Equation of Sales
Episode 6 Why Change
Jun 12, 2023 Season 1 Episode 7
Tim Gibbons

Studies have shown that up to 60% of sales opportunities are lost to “no decision” rather than competitors.  In these instances, the companies decide to do nothing rather than do something.  
The simple fact is that without a compelling case for change, companies will tend to do nothing.  Human beings are generally risk averse and do not like change.  As a result, people will frequently choose not to make a decision for fear of making the wrong decision. 
To be successful in selling, particularly for improvements or replacements, sales people have to first persuade the customer to change before they can persuade them to buy their solution.  

Learn more at www.hoolock-consulting.com

Show Notes

Studies have shown that up to 60% of sales opportunities are lost to “no decision” rather than competitors.  In these instances, the companies decide to do nothing rather than do something.  
The simple fact is that without a compelling case for change, companies will tend to do nothing.  Human beings are generally risk averse and do not like change.  As a result, people will frequently choose not to make a decision for fear of making the wrong decision. 
To be successful in selling, particularly for improvements or replacements, sales people have to first persuade the customer to change before they can persuade them to buy their solution.  

Learn more at www.hoolock-consulting.com