What’s the biggest sale you ever lost and what was the story?

Equity partners seemed to get greedy, didn't take the deal. Oilfield crashes in winter of 2015, and we only sell the assets for $150k. I got cancer the fall before, and was left digging out and cleaning chemical tanks after chemotherapy. This is…much worse than my story. Damn…I’m …

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What’s The Biggest Sale You Ever Lost And What Was The Story?

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Biggest Sale In The Last 3 Years : R/sales - Reddit

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Last year sold a 1.3M saas deal and got a single $89,000 direct deposit not including other kickers through out the year. Got a $1 million pop this year. A few years back I got a $2.5 million 5 …

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What’s Your Most Tragic Lost Deal? : R/sales - Reddit

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New comments cannot be posted and votes cannot be cast. Just recently lost out on a $2.7 million deal that had a $4.8 option. Would’ve been about $80k/$150k respectively. For scale …

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FAQs about What’s the biggest sale you ever lost and what was the story? Coupon?

Are you losing a sale?

If you're losing a sale, chances are you haven't taken the time to understand the prospect's needs. Every successful close starts with a successful understanding of the prospect's world. When a sales meeting begins to go south, ask yourself, “Have I taken the time to discover the prospect's problems and goals?” ...

What makes a good sales deal story?

They will share stories of guts, perseverance, quick-thinking and clever strategy. However, the best sales deal stories will also often have a lesson that the salesperson took away from the experience: one which other reps can learn something from as well. ...

How do you win a lost sale?

Challenge yourself to win these sales to put the lost sale in perspective. This way, you can learn the intricacies of your target market. The cliché is that "sales is a numbers game," and there is some truth to that wisdom. Sales, operations, legal, and finance all have to sign off on a sale. ...

How do you learn from a lost sale?

Learning from a lost sale takes time, but these five items are productive ways to start that journey. It can feel satisfying to hold a round table and discuss amongst the internal team what went wrong, but that's only speculation. It may help adjust tactical decisions but doesn't address the root of the issue. ...

How do you sell a prospect if you lose a sale?

If you've lost a sale, you may not have had a sufficient understanding of the prospect's challenges and objectives. Every successful close starts with a successful understanding of your prospect's world. Here's strategy number 1 to consider: Discover the prospect’s challenges and objectives. ...

How do you use a lost sale as motivation?

Use your loss as motivation to be great in the future! We recommend taking a long look at your pipeline of leads and pinpointing prospects of the same size, market, and potential. Challenge yourself to win these sales to put the lost sale in perspective. This way, you can learn the intricacies of your target market. ...