Home » Objection Handling

Six Common Objections and How to Handle Them

7 June 2010 One Comment

You as a salesperson should give every opportunity to the prospect to ask questions and make objections if she is inclined to do so. It is desirable to assist in bringing out these questions and objections. Sometimes the very best arguments you can make are based on objections by the prospect, especially if you are thoroughly prepared.

To ignore or try to dodge them is a confession of weakness which will not be overlooked by a prospective buyer. It is an opportunity for you to treat the question raised as if it were a point you would have reached very soon in your presentation even if the buyer had said nothing about it.

Among the usual objections are:

1. The product is cheaper elsewhere.

This may or may not be true. You may not know whether the statement is truth or false. If you know it is not true, it is not a wise plan to say so in a blunt, positive way. Neither is it wise to offer to bet that it can’t be done nor to offer an amount of money to charitable institutions if the prospect can make his word good. This comes too near an insinuation that the prospect is speaking falsely, and while he may know that what he says is false, he does not wish to be told so. You can simply ask: are you comparing apples to apples? What is included in that price?

2. Good points of a competitor’s products

An objection raised in this form is usually made for the purpose of starting you on a discussion of a competitor. This is always dangerous ground. You should say as little about the competing product as possible, emphasizing the points of difference strongly, and demonstrating the benefits of your own product for your previous customers (your own success stories create credibility!).

3. Your product is costing too much; customer can’t afford it

If you can show that the product you are selling will produce or save for the buyer more than it costs, your prospect can’t afford to be without it. Two classes of buyers raise this objection. In one class are those of whom it is true or for whose purposes a cheaper product will serve as well. In the other class are those who desire to put the salesperson off or whose experience has not been sufficient to enable them to know that the best is the cheapest in service and satisfaction.
To those in the former class you should make no further effort to sell. For those in the latter class you have a message. The price paid for a product is forgotten, but the service secured from it and the satisfaction enjoyed while using it are what counts toward future trade and repeat orders.

4. The product offered is not needed.

In meeting this objection it is worth while to raise such questions as:

  • Is what the prospect has the best solution for them?
  • Does it do the work in the most economical way?
  • Does it enable the owner to meet the competition of those who are better equipped?
  • Does it make the best possible impression upon those with whom the owner comes in contact?
  • Would continued use of the inferior product indicate a lack of progressiveness (or vision)?

5. The prospect has no time to discuss your proposal further.

This is a method often employed to get rid of you in the hope that you will not return. A courteous request for a future time will usually find available time at the present. When the prospect realizes that you are not to be put off in that way, he will usually agree to hear immediately what you have to say.

6. Time to think it over.

In some cases this is bona fide, but in others it is only an excuse. You must judge between the two. If you decide that you are facing the maneuver or excuse, and your decision will probably lean in that direction as a rule, you should point out the disadvantages which are liable to arise by postponement, and the desirability of immediate action. If your products are satisfactory and desirable, if their ownership promises to be profitable, each day of postponement means so much loss to the buyer. Have you ever asked your customers – what is the impact of not making the decision today to buy? How much it cost you to stand still for next 60 or 90 days of postponing your decision?

Further reading:

Related posts:

  • How to Handle Price Objections
    Objections to price are the most frequent of all objections. Your ability to meet these successfully is a valuable asset, and being efficient in sales is impossible without it...
  • 10 Ways to Handle Objections Effectively
    Knowing how to handle objections from clients begins with anticipating their concerns.  Your attitude at the start will directly affect your sales at the end of the day. Be...
  • 5 Ways to Handle Price Objection
    Many sales reps struggle with objections from their clients. One of the most common is that dreaded phrase: “I don't have the money, and right now I just can't afford it.” At ...
  • Going Back To Basics – 10 Things To Do
    Going back to basics and having focus on what made you successful in the start of your career (learning, learning, and learning) becomes vital in selling in these difficult da...
  • http://www.longbeachwaterdamage.net/ Water damage long beach

    I found your blog page on google and read several of your other posts. i merely added you to your Google News Reader. Keep up the good work count on reading more from you in the future.