A strict code of ethics is just what it says it is. Strict, unimpeachable, non-negotiable, black and
white decisions, made before the actual event, about what you will and will not do.
The best salespeople have a well-thought out system of right and wrong, and are secure in their commitment to it. They take the time, in a calm, non-stressful time, to think deeply through their guidelines for their behavior.
They make decisions about what they will and will not do. Some even commit that to paper.
Then, when they are in the midst of a sales call and are faced with the need to make an immediate decision, they have no qualms about it. They have already made the decision.
An Example:
Let’s say that one of the ethical guidelines you created for yourself is this: I will never speak badly about the competition.
Now, you are having lunch with one of your customers, and he casually mentions one of your competitors, and remarks, “The guy is a real know-it-all.” If you hadn’t thought it out and decided, well beforehand, that you were not going to speak badly about the competition, you may have said, “Yeah, he is a jerk.”
But, since you did make the decision, you keep quiet and don’t comment at all. The conversation moves on.
Your code of ethics prevented an impulsive action that may have made you look bad.
A strict code of ethics makes decisions easier, reduces stress, and builds a reputation of trust from both the customers, as well as the salesperson’s management.
That’s why it is a best practice of the best salespeople.