The MedMen Show: Fast, Smart Insights for B2B Sales Professionals

Top Mistakes Reps Make When Handling Sales Competition

Jan 15, 2024
Learn why talking about your competition is a waste of time, and discover the other elements that can be classified as competition. Explore common misconceptions and factors in competition, and understand the importance of developing a competitive strategy in business.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ADVICE

Focus on Your Solution

  • Avoid talking about the competition during sales conversations.
  • Focus on your solution's value instead.
INSIGHT

Inertia as Competition

  • Competition isn't just rival solutions, it's anything that takes priority away from your solution.
  • Inertia, or doing nothing, is often the biggest competitor.
ANECDOTE

Pim's Experience with Inertia

  • Pim Roelofsen shares that in his career, the biggest competitor he lost to wasn't a rival but inertia.
  • Customers often choose to do nothing, making inertia a significant challenge.
Get the Snipd Podcast app to discover more snips from this episode
Get the app