Feedback Form
Home Features Mastermind Videos About Advertise Blog Network Contact
   

Have A Suggestion?
Toronto Salsa Classes / Toronto Salsa Lessons Email us your ideas on how to make our website more valuable! Thank you Sharon from Toronto Salsa Lessons / Classes for your suggestions to make the newsletter look like the website and profile younger entrepreneurs like Jennifer Lopez and Sean Combs!
Have A Suggestion?

Featured Ebook


ebook Famous Entrepreneurs - Modern Empire Builders


Featured Ebook

More Evan Carmichael
Have A Suggestion?

Sales Lessons From Starbucks And Dell

What to say when someone says to you I need to think about it, I don’t have the time, or I don’t have the money.



What to say when someone says to you I need to think about it, I don’t have the time, or I don’t have the money.
   

What to say when someone says to you I need to think about it, I don’t have the time, or I don’t have the money.

One of the biggest challenges I see network marketer’s face is what to do when the prospect says I need to think about it, I don’t have the time, or I don’t have the money.

This is a challenge for the network marketer and it is also a challenge for most everyone on their team. We know that at the end of a presentation the prospect is going to say one of four things.

1. I am ready to sign up.
2. I am not interested.
3. I have some questions.
4. I need to think about it, I don’t have the time, or I don’t have the money. (or raise some other concern)

Prediction is a form of power. Because we know what they are going to say we can then prepare a powerful, persuasive response to overcome their concern and move the prospect to action. Persuasion is about leading. It is about moving people to action. Great network marketing leaders are great at moving others to take action.

After you have given the prospect your presentation you are going to ask them to take action. After you ask them to take action that is when they typically say I need to think about it, I don’t have the time, or I don’t have the money. I want you to imagine that when you ask the prospect to take action it is if you are giving them a hot potato. When they say to you I need to think about it, I don’t have the time, or I don’t have the money they are giving you the hot potato back. We now need to give it back to them. Here are some ways to do that.

The prospect says to you I need to think about it. You can say:

1. Other than thinking about it is their anything else preventing you from moving forward today?
2. Other than thinking about it I am sure that you have some other concerns. Can share with me your other concerns.
3. Tell me more about that.

The prospect says to you I need to check with my spouse. You can say:

1. If the decision where up to you would you move forward today?
2. On a scale of 1-10 how motivated are you to get started today?
3. Other than checking with your spouse is their anything else preventing you from moving forward today?
4. What would you do if your spouse says no?

In each of these responses you have now given the hot potato back to the prospect. The prospect now needs to respond in some way back to you. When they respond back to you they are probably not ready to take action yet. Your next step would be to tell them a story and then ask again for them to take action. This process is like a dance. After you ask them to take action the first time they raise a concern. You then respond to the concern. They then raise another concern. You then respond with a story and ask them to take action again.

You want to tell a very specific type of story. You want to share a story of someone in a similar situation. A story about someone who had the same concern they did. For example if the prospect tells you they don’t have the money to get started. Tell them a true story of someone else who did have the money either. They went and found the money and now they are financially free because of it. After you tell the story the next step is to ask the prospect to take action. One way you might do this is to say (right after you finished telling them the story of someone in a similar situation) based on what you have shared with me so far I really believe getting involved with our company could help you achieve your dreams. What do you say we give it a try? After you say this be silent. The prospect is now in a place where they need to make a decision. At the end of each presentation you deliver you want the prospect to make a decision. A no is OK. A yes is a lot better. One of the most important things you can do though is to have the prospect make a decision.

Eric Lofholm is the president of Eric Lofholm International, a global training organization dedicated to helping people achieve their potential. His web site is www.ericlofholm.com.






What to say when someone says to you I need to think about it, I don’t have the time, or I don’t have the money. - To learn more about this author, visit Eric Lofholm's Website.

Like this article? Share it with your friends
[Get Copyright Permissions] E-Mail | Print | More  


Related Articles Related Articles
For Sale: Most Expensive VC Home in Country
  Here's one way to sidestep having to raise money from LPs: Sell your house for $76-million.
Learning From Failure
  I haven't written much in the Failure series lately, but I've got a doozy or two coming soon.
10 Smoking Resources to Boost Your Data Entry Work at Home Jobs
  Besides having the necessary skills a data entry work at home agent can greatly increase their job prospects and ultimately their income by having the right equipment.
What are the 3 biggest challenges faced by supply chain/purchasing professionals today? (Survey Result 15)
  There are many factors both internally as well as externally that are affecting supply chain/ procurement practices today. From the growing talent vacuum to the continuing lack of collaboration between Finance, IT a...
Data Entry Work at Home - Right Equipment For Success?
  Part of getting a data entry work at home job is having the right equipment. Sure, websites say they will set you up, but legitimate data entry companies like to work with those who already have the right equipment....

Related Forum Posts Related Forum Posts
Re: Does a New Company need a "Big" PR firm? Re: Does a New Company need a "Big" PR firm?
Re: help wanted in u.k. Re: help wanted in u.k.
Re: Who did your logo design? Re: Who did your logo design?
Setting Up your Advisory Board - Steps 7 & 8 Setting Up your Advisory Board - Steps 7 & 8
The Pasta Express The Pasta Express
Re: Does a New Company need a "Big" PR firm? Re: Does a New Company need a "Big" PR firm?
Re: Business Women Peer Mentoring Spotlight Re: Business Women Peer Mentoring Spotlight
Re: help wanted in u.k. Re: help wanted in u.k.

Related Forum Posts Related Businesses - Evan Elite Authors

The Evan Elite Authors program is currently in beta phase. For details please contact us.


 
About the Author


Eric Lofholm
(Visit Eric's Website)
Eric Lofholm is a Master Sales Trainer who has trained tens of thousands of sales professionals nationwide. He is President and CEO of Eric Lofholm International, Inc., an organization he founded to serve the needs of sales professionals worldwide. Eric began his career as a top-producing sales representative for 3 different sales organizations. His consistent track record of regularly outperforming his fellow sales reps earned a reputation of success that follows him to this day. Eric has been trained by the top trainers of his time including: Anthony Robbins and Dr. Donald Moine Ph. D. as well as countless others. He has an insatiable quest for knowledge that he feeds by reading, listening to audio tapes, and attending seminars regularly. Many of Americas top companies hire Eric regularly to train, motivate, and inspire their sales teams. His clients have added millions of dollars in sales to their record after attending Eric's energetic and groundbreaking seminars. Eric has delivered over 1,500 public and private presentations
Have A Suggestion?

View Author's Blog
Become An Author

View Author's Video
Become An Author

Free Downloads


Eric Lofholm's

Complete
List Of
Sales
Articles

First Name
Last Name
Email
 
If you enjoyed this article, get Eric Lofholm's Complete List of Sales Articles For FREE!

More Eric Lofholm
The Importance of Sales Scripts
How to Generate Unlimited Leads
How to Set Goals
What to say when someone says to you I need to think about it I dont have the time or I dont have the money
Why Selling is so Important to Entrepreneurs and why Most Entrepreneurs Dont embrace Selling
Getting Clients from Speaking Engagements and Conference Calls
Become An Author