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4349 The World without Bankruptcy Laws

Bankruptcy is one of the natural states which a company may find itself in. Entrepreneurship is primarily about taking risks. When companies take risks, some of them succeed, whereas others fail. Hence failure is a natural part of the business. However, many critics of bankruptcy laws believe that there isn’t a need for an elaborate […]

4348 The Wirecard and Infosys Scandals are a Lesson on How NOT to Treat Whistleblowers

What is the Wirecard Scandal all about and Why it is a Wakeup Call for Whistleblowers Anyone who has been following financial and business news over the last couple of years would have heard about Wirecard, the embattled German payments firm that had to file for bankruptcy after serious and humungous frauds were uncovered leading […]

4347 Why the Digital Age Demands Decision Makers to be Like Elite Marines and Zen Monks

How Modern Decision Makers Have to Confront Present Shock and Information Overload We live in times when Information Overload is getting the better of cognitive abilities to absorb and process the needed data and information to make informed decisions. In addition, the Digital Age has also engendered the Present Shock of Virality and Instant Gratification […]

4346 Why Indian Firms Must Strive for Strategic Autonomy in Their Geoeconomic Strategies

Geopolitics, Economics, and Geoeconomics In the evolving global trading and economic system, firms and corporates are impacted as much by the economic policies of nations as they are by the geopolitical and foreign policies. In other words, any global firm wishing to do business in the international sphere has to be cognizant of both the […]

4345 Why Government Should Not Invest Public Money in Sports Stadiums Used by Professional Franchises

In the previous article, we have already come across some of the reasons why the government should not encourage funding of stadiums that are to be used by private franchises. We have already seen that the entire mechanism of government funding ends up being a regressive tax on the citizens of a particular city who […]

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Sales professionals play an essential role in the success or failure of an organization. Their key responsibility areas include promoting a product and making a brand popular amongst the end-users.

Sales representatives earn profits and generate revenues for the organization.

Let us go through some tips for successful sales professional:

  • Understand your product well. Customers would find it difficult to believe you unless and until you yourself are convinced with the product.

    Know the benefits of your product or service. Sales professionals must be very clear with the USPs of the products for the customers to believe them.

  • Take pride in your profession. An individual should not choose sales as a profession just because it is a quick source of earning money in the form of incentives. Individuals should have a passion for sales. Enjoy your work to the fullest for the best results. Never treat your job as a burden.

  • Sales representatives can’t afford to be impatient. Customers would definitely take some time to believe in you and your product but that’s absolutely okay. It is a sin to shout or ill treat customers. They must be dealt with utmost patience and care. Be kind to the customers.

  • Interact with the customers more often and try to find out their needs and expectations. Be honest with people. Suggest them only what is right for them.

  • Create a target market for your products. Don’t try to sell a flat screen television or air conditioner to someone whose monthly income is rupees ten thousand only. It would be a sheer wastage of time, energy and talent. Understand the purchasing power of the customers.

  • Don’t oversell. One should never irritate the customers. Don’t make their lives hell. Being pushy never leads to closure of deals; rather it leaves the customers’ irritated. Give them time to think and decide. It is good to be aggressive but never cross that fine line.

  • A sales representative must never show his desperation in front of the customers. Don’t show him how badly you need to sell the products to achieve your targets. He has nothing to do with it. If he really needs the product, he would definitely buy it.

  • Be a self motivator. Set a goal for yourself and try to achieve the same in the best possible way. Give your heart and soul in each deal.

  • Avoid adopting a casual attitude. Don’t go casually dressed for sales meetings. Clients will never take you seriously.

  • Be a good communicator. Take care of your pitch while speaking to the customers. Avoid being too loud or too soft. Make sure you are audible and the customers understand you.

  • Convey what your product actually offers. Lies and fake stories cost later.

  • Don’t be afraid of the targets. Accept them only when they are realistic and achievable.

  • Sitting in the office doesn’t help in sales. Sales representatives must go out and meet people. Make a list of prospective customers. Exchange contact details and visiting cards to reach a wider audience.

  • Don’t feel bad if you are unable to close a deal. Understand where you went wrong and how things could have been a little better. Be your own critic.

  • Be a good listener. Listen to what the second party has to say.

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