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2004 Kelley Robertson
Virtually
every person in sales experiences price
objections. Unfortunately, the majority
of sales people take the wrong approach
and try to box customers into a corner by
asking questions such as:
“If
I can do that price do we have deal?”
“Is
that the only thing holding back?”
“What
do I need to do to earn your business?”
“If
I can offer a solution would you be willing
to buy today?”
“What
do I have to do to get you into that unit?
”
Give
me a break! These are nothing more than
manipulative sales tactics that, ultimately,
make a customer feel uncomfortable and coerced
into buying the product or service.
The
real key to solving objections is to work
at eliminating them altogether. You can
accomplish this by investing more time qualifying
your customer. Salespeople who ask more
questions generally face fewer objections
during the selling process. The reason is
simple…they uncover potential objections
early in the sales cycle. Questions that
will help you uncover potential objections
include:
“Who
else is involved in this decision?”
The
purpose of this question is to establish
who else has input in the decision making
process. If someone else has influence on
the final decision you may end up spinning
your wheels trying to close the sale without
her present.
“What
time frame are you working with?”
This
question is much more effective than asking,
“When were you looking to buy? ”
which can put people on the defensive.
“Who
else are you talking to?”
This
helps you understand what other vendors
or companies are bidding on the project.
This can assist you in differentiating yourself
from your competitors.
“What
was your experience with…?”
Based
on the customer’s previous experience(s)
you can now position your product or service
to exceed their experience at your competitor.
These
questions will draw out information from
your customer. This information then allows
you to position your product or service
in a manner that best suits the customer’s
needs and wants. I’ve had many salespeople
in my workshops question this line of thinking
and approach with objections such as:
“Asking
all these questions takes too long.”
“People
won’t give me the answers I’m
looking for. ”
“I’ve
tried this and it doesn’t work.”
“I’ve
been given a script to use for every objection
so I don ’t need to do this.”
“My
customers care only about price so it doesn’t
matter what questions I ask. ”
I
certainly understand and appreciate each
of these objections because they are valid.
Here are my responses:
“Asking
all these questions takes too long.”
You’re
right, qualifying DOES take time. However,
proportionately speaking, it takes less
time to ask these questions than it does
to overcome an objection because a customer
is less defensive. Many salespeople actually
spend more time trying to overcome objections
than they would have asking questions.
“People
won’t give me the answers I’m
looking for. ”
People
will tell you anything you want to know
providing you give them a good enough reason.
Once you establish a safe, comfortable environment
customers will open up and tell you things
you never dreamed of. Your goal is to ask
questions in a non-threatening manner, to
listen to their responses, and to help them
relax and feel comfortable.
“I’ve
tried this approach and it doesn’t
work.”
I
won’t dispute the fact that some salespeople
have a difficult time applying this concept.
In fact, many actually experience a decline
in sales when they first try to implement
this concept. I suggest that you keep practicing
until you become comfortable asking questions
such as these. Once you become relaxed your
customers will also become more comfortable
and this will result in more sales.
“I’ve
been given a script to use for every objection
so I don ’t need to do this.”
Many
businesses give scripts to their sales staff.
However, this approach seldom addresses
the real concern a customer has and can
sometimes offend them.
“My
customers care only about price so it doesn’t
matter what questions I ask. ”
This
is not an uncommon perception among salespeople.
However, this perception may be incorrect.
Although price is a factor in virtually
every sale it is seldom the primary issue.
Many people look for overall value, not
price. When you ask them quality questions,
you begin to differentiate yourself from
your competitors. Once you begin separating
yourself from other similar businesses you
give people a reason to focus on issues
other than price.
Asking
questions such as these will help you prevent
some objections from arising. The goal is
to learn enough about your customer’s
situation to present a product/service that
fits his or her needs and want so closely
that you give them a compelling reason to
buy from you, today, at your price.
Kelley
Robertson is a professional speaker and
trainer on sales, negotiating, sales management
and employee motivation. He is also the
author of “Stop, Ask & Listen
– Proven Sales Techniques to Turn
Browsers into Buyers.” For information
on his programs, visit his website at www.KelleyRobertson.com.
Receive a FREE copy of “100 Ways to
Increase Your Sales” by subscribing
to his 59-Second Tip, a free weekly e-zine
available at his website. You can also contact
Kelley at 905-633-7750.
NOTE:
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