Welcome Your Prospect's Objections
Welcome Your Prospect's Objections
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The Core Principles: Objections
Welcome objections
• Resistance a salesperson may receive during a sales call
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Welcome Objections!
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What are Objections? 2
Salespeople need to be
prepared to use several
objection-handling
techniques
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Basic Points to Consider in Meeting Objections
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Handle Objections as They Arise
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Understand Objections
Understand objections
• Practical or psychological objection
Practical Objections Psychological Objections
Price Resistance to spending money
Product is not needed Resistance to domination
Prospect has an overstock (excess inventory) Predetermined beliefs
Delivery schedules Negative image of salesperson
Level of profitability Dislikes making a buying decision
Ability to integrate solution into current Resistance to change
processes
Ability of solution to meet buyer’s goals Concerned with how others in the
organization will perceive the decision
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Six Major Categories of Objections
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Salespeople Need To Be Good Communicators
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Overall Process for Handling Objections
Buyer’s Objection
Example: The buyer states, “Well l’m a little hesitant to stock the
quantity you are suggesting, Normally, we sell approximately
one-half of that amount of your competitor’s product. I just
don’t feel comfortable in moving forward with this quantity.”
[Objection].
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Example of Handling Objections: Part 2
Listen & Empathize
Example: The salesperson asks, “Can you share with me how often the
competitor’s product is supported with advertising and promotional
initiatives?” [Ask question to understand]
Example: The customer answers, “Actually, very rarely. In fact, only during the
holidays.” [Customer answer].
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Example of Handling Objections: Part 3
Answer Objection
Example: Now with a better understanding of the concern, the
salesperson answers the objection:
“That makes sense, as the holidays are an important time.
However, I’d like to show you our promotional calendar for our
product. As you will note, we have five months of national
advertising throughout the year. Additionally, we distribute
coupons every four months to drive traffic into your store. As
such, we will invest in marketing to ensure our product moves on
your shelves and into your customer’s shopping carts.” [Answer
the objection].
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Example of Handling Objections: Part 4
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Utilizing The Overall Process for Handling
Objections & Integrating Other Techniques
Try to use the following
process:
• Empathizing, listening, asking
questions, answering the concern,
and using a trial close
Examples:
• “I’m glad you asked. Here is what our research has shown,”
• “You know, my best customer brought that point up before making the
purchase . . . but was completely satisfied.”
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Objection Technique: Questions (Smoke-Out)
Examples:
• Prospect: I don’t like your price.
• Salesperson: Will you base your decision on price or on the product
offered you . . . at a fair price?
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Objection Technique: Questions (5 Questions) 1
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Objection Technique: Rephrasing 1
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Objection Technique: Rephrasing 2
Example:
Buyer: I don’t know—your price is higher than your
competitors’.
Salesperson: I can appreciate that. You want to know
what particular benefits my product has that make it
worth its slightly higher price. [Or, What you’re saying is
that you want to get the best product for your money.]
Is that correct?
Buyer: Yes, that’s right.
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Objection Technique: Rephrasing 3
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Objection Technique: Rephrasing 4
Facts are Incorrect Facts are Incomplete Facts are Correct Based on Bad Personal
Experience
Acknowledge prospect’s Acknowledge Acknowledge Thank prospect for
viewpoint. prospect’s viewpoint. prospect’s viewpoint. telling you.
Rephrase objection. Rephrase objection. Rephrase objection. Acknowledge
prospect’s viewpoint.
Obtain agreement. Obtain agreement. Obtain agreement. Rephrase objection.
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Objection Technique: Compensating 1
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Objection Technique: Compensating 2
Example:
Prospect: I can make 5 percent more profit with the Stainless
line of cookware, and it is quality merchandise.
Salesperson: Yes, you are right. The Stainless cookware is quality
merchandise. However, you can have an exclusive distributorship
on the Supreme cookware line, and still have high-quality
merchandise. You don’t have to worry about Supreme being
discounted by nearby competitors as you do with Stainless. This
will be the only store in town carrying Supreme. What do you
think? [Trial close.]
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Objection Technique: Boomerang
Example:
Situation: Wholesale drug salesperson working for a pharmaceutical
firm, who is selling a pharmacist a new container for prescription
medicines. Handling the container, the prospect says:
Prospect: They look nice, but I don’t like them as well as my others.
The tops seem hard to remove.
Salesperson: Yes, they are hard to remove. We designed them so that
children couldn’t get into the medicine. Isn’t that a great safety
measure? [Trial close.]
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Objection Technique: Postpone 1
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Objection Technique: Postpone 2
Example:
Prospect: Your price is too high.
Salesperson: There are several ways we can handle
your costs. If it’s all right, let’s discuss them in just a
minute. [Pause. This has the same effect as the trial
close. If there is no response, continue.] First, I want to
show you. . . .
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Objection Technique: Dodge
Example:
• Buyer: “I think your price is a little high.”
• Salesperson: “Before you decide let me tell you about the value that goes
with this product.”
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Objection Technique: Pass Up
Example:
• After salesperson makes introduction
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Objection Technique: Indirect Denial
Example:
• Salesperson: “I appreciate how you feel. Many of our customers made
similar comments prior to buying from me. However, they all asked
themselves: “Can I afford not to have the best? Won’t it cost me more in
the long run?”
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Objection Technique: Direct Denial 1
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Objection Technique: Direct Denial 2
Example:
Prospect: “I’m not going to buy any of your lawn
mowers for my store. The Bigs-Weaver salesperson said
they break down after a few months. “
Salesperson: “You know, you’re right to be concerned
about this. Let me explain “You know, my best
customer had those same feelings until I explained that.
. . .”
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The Objection Process
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When Is It Time to Use a Trial Close?
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What Does the Trial Close
Allow You to Determine?
Whether the prospect likes your product’s FAB –
the strong selling point
Whether you have successfully answered the
objection
Whether any objections remain
Whether the prospect is ready for you to close
the sale
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Why Do You Use a Trial Close After Answering
an Objection?
To see if you have answered the objection!
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What is an Example of a Trial Close Used to
Respond to an Objection? 1
“Does that answer your question?”
“With that question out of the way, we can go
ahead – don’t you think?”
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Once You Have Satisfactorily Responded to the
Objection, What Should You Do Next?*
Make a smooth transition back into your
presentation
• “As we were discussing…”
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What is an Example of a Trial Close Used to
Respond to an Objection? 2
Option 1:
• Return to presentation concentrating on new or
previously discussed FABs of your project.
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What is an Example of a Trial Close Used to
Respond to an Objection? 3
Option 2:
• Admit it
• Compensate for it by showing how your product’s
benefit(s) outweigh the disadvantage(s)
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What is an Example of a Trial Close Used to
Respond to an Objection? 4
Option 3:
If 100% sure the customer will not buy
• Go ahead and close
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Can You Answer?
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