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What Happens When Sales Expectations Aren't Met?

  
  
  

Dave Kurlan is a top-rated speaker, best-selling author, sales thought leader and highly regarded sales development expert.

There was a tremendous amount of hype surrounding the Red Sox-Yankees opening day game.  Two ace pitchers were to take the mound when Josh Beckett, pitching for the Sox, would face CC Sabathia, hurling for the Yankees.  Two of the best pitchers going head to head against two of the best offenses in baseball.  What a pitching duel this could be!

Well the opportunity to watch a pitching duel never materialized as both teams hit better than they pitched. The game itself was fun, but the pitching matchup failed to meet expectations.

Yesterday must have been an incredibly slow news day.  The 11 PM News had a brush fire in Boston (a brush fire?), Josh Beckett's contract extension, Tiger Woods' first day back to the PGA, The President throwing out the first ball at the Washington Nationals' Opening Day Game, and two women who, while walking in their neighborhood, were struck by pellets fired by bicycle riding teenagers.  I kid you not.  For the Beckett, Woods and Obama stories to be included as part of the news instead of the sports shows just how slow a news day it was.  Yesterday's news really failed to meet expectations.

Yesterday, one of your salespeople learned that their opportunity with that nice large account is not going to develop.  While they were simply out kicking tires, your salesperson got excited about the potential.  In the end, the prospect decided to stay with their incumbent vendor.  This opportunity failed to meet expectations.

What's the difference between a baseball game or the news failing to meet expectations versus one of your salespeople's opportunities failing to meet expectations?  (Rick was writing about the same thing this morning!)

The game and the news are quickly forgotten and don't impact your life unless you bet on the outcome of the game or happen to be the leading story on the news.  When your salespeople focus too much of their time and resources on a large opportunity and it doesn't materialize, you can lose 6-12 months of productivity from them.  Not only that, your forecasts fall short, your budget goes to hell, and you could have a frustrated, demotivated salesperson on your hands.  The worst part is if you have a long sales cycle, say 8-12 months, and the salesperson devoted most of his time and energy to this opportunity for 8-12 months, it will take an additional 8-12 months before the pipeline will produce new, meaningful revenue.

Has this ever happened to you?



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Posted by Dave Kurlan on Tue, Apr 06, 2010 @ 05:23 AM

COMMENTS

Hi Dave, 
 
 
 
Used to happen to me before I understood that those "big accounts with incumbent vendors" are usually "no change/no sale/resource wasting" opportunties.  
 
 
 
Clearly, emotion takes over (lacks emotional control)and the sales person that chases these fails to ask the tough question(need for approval), "why would you consider another vendor"? 
 
 
 
A lot more to this than can be discussed here but you point out a common problem that wastes a lot of time and money and can "dash the hopes" of even the toughest sales person!

posted on Tuesday, April 06, 2010 at 9:10 AM by John Hirth


@John - great points - thanks for contributing!

posted on Tuesday, April 06, 2010 at 1:35 PM by Dave Kurlan


Yes, it has happened to me. I would also strongly suggest that it happens more to under-performing sales people. The ones that get a smile from a prospect and run and put it in their pipeline before it has been appropriately qualified. Now I adhere to a sales process that keeps every thing clear and defendable. It also helps get to "no" earlier so you havent been strung out for months. Another example is I don't respond to RFP's because I consider them recruiting for "column fodder". A waste of time and resources. Following a sales process takes the emotion out of the deal/opportunity. You focus on getting answers to the right questions in a timely basis. In the example you used, asking the tough questions up front would have saved a lot of time, resources and MONEY.

posted on Thursday, April 08, 2010 at 2:04 PM by greg


Sure, it has happened to me. It has happened to everyone who is honest. Many times you put your best foot forward on a legitimate opportunity that looks very promising. You get positive feedback from the potential customer but, in the end, it doesn't work out. There are a million reasons why, some are the fault of the prospect, some the fault of an overly optimistic sales person. Sometimes, when you are far down the road, it becomes evident you do not have a fit. No matter, it happens. What is more important to remember is that these things come along, but never count on the opportunity exclusively. Keep building your pipeline like the prospect won't ever materialize. Sometimes you are going to be taken for a ride. Use the experience to teach yourself some valuable lessons about yourself if necessary. Just don't make the mistake of being left empty handed when the disappointment occurs.

posted on Thursday, April 08, 2010 at 2:21 PM by Steve


@Greg and Steve - thanks for contributing your opinions. You both point out the importance of following the sales process and properly qualifying your opportunities. Couldn't agree more!

posted on Sunday, April 11, 2010 at 12:47 PM by Dave Kurlan


Comments have been closed for this article.