Mastering Responses to Frequent Sales Challenges
Have you ever been caught off guard during a sales call by an objection? How could someone possibly not want your amazing offer, right? It’s the best because it’s yours! Don’t worry, we’ve all faced this. Objections in sales are unavoidable and can often leave us feeling discouraged and uncertain about our product or service. But here’s the thing: objections can actually be a good thing (more on this later). In this discussion, we’ll turn you into an expert at handling objections. Ready to dive in? Let’s get started.
The key takeaway here is that people object for different reasons, and understanding these reasons can help you overcome objections and close sales. Objections usually fall into one of five categories, and each requires its own approach and strategy. But first, let’s change how we look at objections. Think of them as air bubbles in a sinking ship, showing you small cracks before they become big issues. Each objection is an opportunity to fix a leak and make your offer stronger.
It’s crucial to see objections not just as barriers but as valuable insights from your target audience about how you can improve or better position your offer. Put your ego aside and practice active listening with your prospects. Remember, sales are like taking swings in baseball; you’ll always have another chance, and you need to keep improving each time. The crucial thing is to never stop learning from your objections. While it’s possible to avoid most objections over time, people will still object now and then. Here’s how to handle it smartly.
Before we go into common sales objections, let’s clarify something: not everyone is going to buy from you, nor should they. If your offer doesn’t align with someone’s needs, it’s better to pivot to a follow-up than to push a sale. Now that that’s clear, let’s look at the top objections you’re probably facing in sales.
If you get an objection about price, it means you haven’t demonstrated the value of your offer (that’s on you). Shift the conversation from price to value and return on investment. This way, the price becomes a minor detail. Ask your prospect about what they’re currently spending and how your offer could improve that. This helps you highlight the value and benefits that justify your price point.
Sometimes, prospects might say they need to think about it or discuss it with their team. This usually means you haven’t provided enough information for them to make a decision. Ask them what specifically they need to consider or what questions they still have. Listen carefully to their responses to get to the real objections.
If a prospect has already worked with another vendor, don’t worry, the game isn’t over. Ask them what they like and dislike about their current vendor, then address those pain points while showcasing what makes your offer different.
When a prospect says they’re too busy, what they really mean is they don’t see the urgency. Ask them what their time constraints are and how your offer could help alleviate some of their workload. This can help them see the value in your offering.
Objections are actually good because they push you to improve your sales approach and offering. Always be curious, never defensive, and keep learning from every objection you encounter. By understanding why people object, you can turn these challenges into opportunities for improvement.