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Overcoming Sales Objections

Written by: Karen Andrews

Article Overview: Objections are simply reasons or concerns that a prospective client has as to why they won't make a decision when you want them to. You will hear statements such as:

Overcoming Sales Objections

Objections are simply reasons or concerns that a prospective client has as to why they won't make a decision when you want them to. You will hear statements such as: • Sounds good, let me think about it

• It sounds great but not just yet

• We do this already

• We don't get any complaints

• Our reps do that

• I'm really busy at the moment and just haven't had a chance to look at it

• I need to speak to my partner before I can make a decision

• I'll have a look at it and get back to you in a couple of weeks.

There are many reasons for objections and they are not always negative. Objections are a great indicator and qualifier as to whether you will get the sale - depending on how you handle them at the time. The best way to avoid objections is to ensure you ask the right questions in the first appointment that uncovers your prospect's real need. This ensures that you are making the right recommendation and can talk about the related value and benefits this solution will address.

The more work you do up front understanding their needs and what they would like to achieve, the less you will have to deal with objections.

Firstly, hear them out don't interrupt or try and answer their concerns before they have a chance to finish. When they have finished, acknowledge the concenrn by saying "I complete understand how you feel. Some of my best clients felt that way also" or "I completely understand how you feel, this is a big decision and it makes sense for you to think about this."

Secondly, you need to be sure that the objection they give you is 'really' the reason and if you provide a solution to that problem, they agree to buy from you (this way it's a win/win).

For example: "The Price is Too High"

"I understand you might feel that way. If you don't mind me asking, if price wasn't an issue or we can agree on a price that suits your budget, do you feel this is the right solution/product/service for you? or "if we can agree on price, is this something you could order today?"

Additionally, if they seem reluctant to move ahead, keep asking questions to find out why. You might say something like:

• "Is there something else we should talk about?"

• "Is there anything else I can do to help?

• "What needs to happen before you'll be ready to make a decision?"

• "Can you tell me what your hesitation is?"

• "When do you think you will have a chance to look at it?"

• "If I don't' hear back from you by Friday, would you mind if I give you a call?

• "A couple of my clients thought the same thing, would you be interested in speaking to some of our clients to see what difference we are making to their business?

If the customer is willing to move forwards but at a slower pace, you can propose a lesser commitment than the one you originally asked for. Try to get the best commitment that customer is willing and able to make that day.

If you can't get a customer to make a decision or commit to a next step, try to get a date by which a decision or commitment will be made.

Reminder:

The notes you made on the first appointment will be critical to the objection and closing process and I strongly recommend you have those on hand for each meeting with the prospect. These notes give you the ability to remind the client of the benefits they were looking for by implementing your product or service as well as other information such as problems and challenges that they were hoping to reduce or remove altogether.

Related Articles
  Overcoming Objections
  Handling the Greatest Source of Failed Closes
  Overcoming Sales Objections Made Easier
  Effective Negotiating
  How to avoid objections during your sales presentation

Article Tags: closed questions, increase sales, managing sales, open questions, prospecting, questioning, sales, sales coach, sales expert, sales objections, sales person, sales pipeline, sales strategy, sales tips, sales tricks, salespeople, strategic selling



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