3363. Walk me through a sale you lost and why you lost it

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Description

Interviewer

Can you describe an instance where you were involved in a sales process that wasn't successful? I'm interested in understanding the specifics of the situation, including the sale you were aiming to close, the approach you took, and the factors that led to not winning the sale.

Skill Assessed
  • 1. Self-awareness : The ability to critically assess and understand one's own actions and decisions in a professional context.

  • 2. Coping with failure : Shows resilience and the capacity to learn from unsuccessful outcomes without being discouraged.

  • 3. Analytical thinking : The ability to evaluate situations, identify where things went wrong, and analyze the reasons behind a failed sale.

  • 4. Honesty : Being truthful about one's experiences, even when they didn't lead to success.

Purpose
  • 1. Learning from experience : To gauge if you are able to turn past failures into learning opportunities and apply those lessons to future endeavors.

  • 2. Adaptability : To determine how you adapt strategies and methods in response to setbacks.

  • 3. Problem analysis : To understand your ability to critically analyze a problem and dissect what went wrong in a scenario.

  • 4. Responsibility : To ensure you can take responsibility for your actions, especially in instances that don't result in success.


Hints
  • 1. Reflect on a genuine scenario : Discuss an actual sale that you lost, rather than a hypothetical or less significant situation.

  • 2. Focus on the learning outcome : Emphasize what you learned from the experience and how it has influenced your sales approach since the loss.

  • 3. Be objective about the situation : Give a balanced view, acknowledging both your own shortcomings and external factors that contributed to the loss.

Tags
Topics: 
Problem Solving
Adaptability
Roles: 
Account Manager
Companies: 
Salesforce
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