Handling Objections
Handling objections is something every sales person has had to overcome. Some even find a new line of work because of them. If
your income depends on the sale then chances are you have found a way to
overcome objections and even discovered the secret of how to make them
work for you, not against you.
The first mistake usually made is
assuming we know what the customer is going to object to. By assuming
this we start to
craft our response even before they are done speaking.
Then we rudely interrupt the customer with
our response, thinking we know exactly what is on their
mind. In effect, we have
answered an objection with an objection and most customers would be on
their way to the door.
It is proven that most of us quit listening
to the customer and begin formulating our answer after the first seven
words. Even worse, after ten words we are nowhere to be found, off in
our own world piecing together our response.
Truth is, handling objections isn't that
difficult but most of the time we don’t know
the full extent of the objection because we didn’t hear it. Just
think about the wealth of information we are missing out on. Key buying
signals, who the decision maker is, plus an abundance of information on
how to close the sale. All this valuable information into the air, lost
forever.
Is it any wonder that we fear objections?
Fact is 70% of the time we don’t even know what the objections are
because we haven’t let the customer finish telling us? Now that is
scary.
Rewind the tape to the beginning only this
time we are prepared for the objection. We even expect, see it coming
from a crossed the room. And because we are expecting it, we make sure
we catch all the details.
This time we agree with the customer and
nodded our head to let them know
we heard every word. This time our
information bank is full and we plan a response that addresses all of
the issues.
Because we have addressed all of the customer’s
issues the objection now becomes a vehicle for us to show our prowess
and expertise. It builds customer confidence and positions us as an
expert, someone the customer wants to do business with.
Not a whole lot to fear now is there? At
this point you should look forward to an objection so you can establish
yourself as the expert and move closer to the sale.
Objections are uncomfortable because of our
state of mind towards them and the fear of the unknown. If you
change your state of mind and think through any objections then there is
nothing to fear (but fear itself…..).
You have just discovered the secret to handling
objections and making them work for you. An objection is now a way to draw the
customer one step closer. Now we have something very powerful!
