Page 43 - GS180102
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Inspiration







                                                   Why lie?






                    ost merchant level salespeople (MLSs) know  visit or call. Alternatively, a rep might avoid a minor topic
                    the value of being honest with merchants and  because the MLS knows it would upset the prospect and
                    building long-term, mutually beneficial rela-  lead to a lost sale.
        M tionships. And on any given day, when sales
        reps initiate in-person  or telephone  sales  calls, they typi-  Avoid the slippery slope
        cally don't consciously intend to lie or deceive. Sometimes,   The distinction here, and perhaps in all forms of lies,
        however, MLSs can become dishonest in the heat of the   is whose best interests does the rep have at heart? This
        moment without realizing their statements might                question should be uppermost in every MLS's
        lead to immediate sales but end in irrevocable                      mind when speaking with current and
        damage.                                                                prospective merchant customers. If you
                                                                                  tell  a  white  lie  to  brighten  a  favorite
        "It's not OK for sales reps to lie,                                         merchant's mood on a wintry day
        even a little," Paul H. Green wrote                                           or if you clarify aspects of a deal
        in  Good Selling! SM:   The Basics.                                            in increments rather than all
        "This extends to exaggerating,                                                   at once to make it easier for a
        omitting key information and                                                      merchant to comprehend,
        expressing wishful thinking                                                        it appears you have that
        as fact. It's better to establish                                                  individual's needs at heart.
        trust and risk losing one
        particular sale than to lie to                                                      On the other hand, if an
        a customer and risk losing                                                           agent guarantees that a
        that  prospect  forever  ‒                                                           merchant   will  receive
        and anyone he or she may                                                             24/7/365 support, knowing
        talk to."                                                                            full well what this really
        All lies aren't equal                                                                means, in practice, is
                                                                                             that it's possible to leave
        There are many types of                                                             voicemail messages at an
        lies. They can range from                                                           800 number anytime, but
        personal, flattering white                                                         the wait for a return call
        lies to minor omissions and                                                       is typically 48 hours; this
        exaggerations to significant                                                     serves only the agent's interest
        and pathological distortions                                                    in making a sale; it cannot be
        of facts and omissions of vital                                                construed in any way as having
        truths. White lies typically do not                                          the merchant's best interests at
        do anyone harm; pathological distor-                                       heart.
        tions and glaring omissions are basi-
        cally indefensible.                                                   Many people are drawn to the payments
                                                                          industry because they know the residual
        Many consider minor exaggerations and omissions to          income it provides can be a path toward realizing their
        be in more of a gray area, and this is one place where MLSs  fondest financial and personal dreams. But unless helping
        should tread carefully, indeed, because there are critical  merchants reach their goals is central to an MLS's mission,
        distinctions to be made.                               residual streams will run dry, and visions of success and
                                                               prosperity will be only a distant memory.
        An MLS may, for example, fail to bring up a minor matter
        pertaining to a merchant's contract because the MLS has
        determined the prospect has already absorbed all the
        information he or she possibly can for the time being. Before
        exiting or ending the call, the agent would let the merchant
        know there are a few more details to discuss in a follow-up             Kate Gillespie, President and CEO






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