#1014 - How to Handle a Conflict of Interest in Sales

When the person telling you what you need is also the one selling it to you, can you really trust their advice?𝗜𝗻 𝘁𝗵𝗶𝘀 𝗲𝗽𝗶𝘀𝗼𝗱𝗲 𝘆𝗼𝘂'𝗹𝗹 𝗹𝗲𝗮𝗿𝗻: How to handle a conflict of interest honestly, why calling out your own bias builds more trust than hiding it, and what happens when buyers find out they were misled.James explores one of the messiest situations in sales: when the advisor and the seller are the same person. It happens across industries. Some companies even call themselves independent while hiding who actually owns them. The buyer rarely knows until it's too late.The smartest move isn't to hide it. It's to call it out before they do. Name the bias. Be upfront about your position. Let them decide with full information. It feels like it should cost you the deal. Often it does the opposite.𝗧𝗼𝗽𝗶𝗰𝘀 𝗖𝗼𝘃𝗲𝗿𝗲𝗱Conflicts of interest in sales and advisory rolesWhy some "independent" advisors aren't independent at allRecognise the bias as a sales methodology principleWhy transparency can win deals rather than lose themThe danger of lying by omission in salesWhat happens when buyers find out they were misledThis is episode 1014 of the Daily Sales Message podcast.Hit follow so you never miss an episode..𝗖𝗼𝗻𝗻𝗲𝗰𝘁 𝘄𝗶𝘁𝗵 𝗝𝗮𝗺𝗲𝘀LinkedIn → https://www.linkedin.com/in/jamesnewelluk/.📩 𝗔𝗯𝗼𝘂𝘁 𝗧𝗵𝗲 𝗗𝗮𝗶𝗹𝘆 𝗦𝗮𝗹𝗲𝘀 𝗠𝗲𝘀𝘀𝗮𝗴𝗲Daily practical sales tips covering sales messaging, sales psychology, B2B selling and conversion improvement.Most deals are lost in explanation, not negotiation..𝗜𝗺𝗽𝗿𝗼𝘃𝗲 𝘆𝗼𝘂𝗿 𝘀𝗮𝗹𝗲𝘀 𝘀𝗸𝗶𝗹𝗹𝘀 (𝘀𝘁𝗲𝗽-𝗯𝘆-𝘀𝘁𝗲𝗽)https://www.practicalsalestraining.com.𝗜𝗺𝗽𝗿𝗼𝘃𝗲 𝗵𝗼𝘄 𝘆𝗼𝘂 𝗰𝗼𝗺𝗺𝘂𝗻𝗶𝗰𝗮𝘁𝗲 𝘆𝗼𝘂𝗿 𝗼𝗳𝗳𝗲𝗿𝗶𝗻𝗴https://www.clearsalesmessage.com.Clear Sales Message™ helps companies communicate their value clearly so buyers understand faster and buy with confidence.