SlideShare una empresa de Scribd logo
1 de 27
Chapter 8
 Handling
Objections
So…So What?
• Introduction to     • Prepared to enter a
  handling objections   sales job upon
   o Discussion         graduation
• Types of objections    o Understand your client
                         o Practice techniques
• Techniques for         o Attitude and behavior
  handling objections
   o Group exercise

• Recap and wrap up
Objection Objectives
• What is an objection?
• Why do customers
  object?
• Techniques to
  overcome objections
• Attitude and behavior
  of sales associates
Sales Objection… what is
           it?
    Definition: An expression of buyer concern




 Rather than argue for a point when an objection is
    raised, a salesperson can be more successful by
listening, or probing, to find out why it is an objection.
A Sales Objection is
                      NOT…
                               TI ON
•
       an Argument
    Cannot force a need REJ EC
  upon an organization
• People are emotional   • According to the Sales
  and subjective           Career Training Institute's
                           ongoing surveys regarding
                           sales objections, rejection by
                           prospects is the number one
                           fear - and therefore, the
                           number one de-motivator
                           of salespeople across all
                           industries.
Three Reasons Behind
        Objections
1. Objections may occur because the prospect is
   ready to buy but wants to confirm the purchase
   decision with another decision-maker, get a better
   deal or otherwise stall you in order to meet their
   own objectives.
2. Objections may occur because the prospect has
   doubts, fears or unanswered questions about your
   product, service or you as a salesperson.
3. Objections may occur simply because the
   prospect does not want to buy.
Finding the right contact
    “Mr. Smith handles all of our events”
    “I’m not interested in sales people”
           “What’s in it for me?”
       “I’m not the decision maker”
              “I’ll think it over”
1




    2
Type in company name here
The unknown
                   “the risk is too great”
                 “what are you offering?”
 “I don’t have enough time to figure out the details”
          “Isn’t your hotel under renovation?”
“Wasn’t your restaurant closed for health violations?”
ASK Questions and
       Qualify Feedback
• Have I explained myself   • Don’t try to deal with
  clearly?                    the objection until you
• Do you have any other       fully understand it.
  questions before we
  move on?
• Is that the only reason
  you are not buying?
• Does this satisfy your
  concern regarding…?
It’s not for me
            “It’s too expensive”
      “I don’t like your hotel/location”
     “My boss doesn’t like your brand”
“You don’t offer free parking/free breakfast”
      “Your customer service is awful”
Overcoming Objections
1. Listen
   o Do not interrupt the prospect

1. Check for
   understanding
2. Remain positive
3. Empathize
4. Provide evidence and
   convince buyer
Step 1




• LISTEN to what the buyer has to say.
• Make sure not to interrupt even if they buyer is
  complaining about something you immediately
  know how to resolve.
Step 2
 • Make sure you
   CHECK to see if
   you understand
   exactly what the
   problem is.
 • Repeat what they
   said if necessary
   and conform what
   the issue is (active
   listening).
Step 3
• REMAIN POSITIVE.
  Make sure not to
  argue with the
  customer but simply
  make a positive
  statement.
• Make sure to fully
  understand a
  complaint before you
  try and resolve it.
Step 4




• EMPATHIZE with your customer.
• Let the customer know his/her complaint is very
  valid and that he/she is not the only one to
  object to a similar issue.
Step 5



• PROVIDE EVIDENCE and CONVINCE your customer
  that his/her complaint can be resolved.
  • This stage is the most important
  • Each complaint requires a unique solution
  • Some complaints could be masking something else the buyer
    doesn’t like.
  • Offering discounts or providing proof are different possible ways
    of convincing your customer to make a purchase.
Step 6
• After trying to resolve
  the customer complaint
  it’s time to MOVE BACK
  to your work in progress.
  • You are first and
    foremost trying to sell
    your product.
  • Resolving a complaint
    doesn’t guarantee a
    purchase
A comfortable work
A place to connect environment




A refreshed morning night’s sleep
            A great
Sell the benefit, not the
             feature:
A great night’s sleep
           A comfortable work environment

If there is no         A place to connect
Where   big ideas come together
                            A refreshed morning
     A great start to the day     Then there is no
Attitude and Behavior
• Empathy                     • Stay Positive
   o Acknowledge your            o Objections WILL come
     customers concerns            up, don’t overreact to
   o “I can understand             them
     how you feel” or “I’m       o You can WIN the
     glad you brought that         argument but LOSE
     up”                           the sale
   o Practice Emotional          o Get the customer in a
     Intelligence                  “yes” frame of mind
   o *** this does not mean
     you have to agree***
Make the Commitment
• Ask the prospect
  to commit to
  something
  o Make an
    appointment to
    visit with them in
    person
  o Book the business!
Chapter 8 handling objections sp12

Más contenido relacionado

La actualidad más candente

Handling objections
Handling objectionsHandling objections
Handling objections
Nj Lopez-Tan
 
The secret to closing the sale
The secret to closing the saleThe secret to closing the sale
The secret to closing the sale
Efrat Barzilay
 

La actualidad más candente (20)

20 Best Sales Objections Handling Techniques - Infographic
20 Best Sales Objections Handling Techniques - Infographic20 Best Sales Objections Handling Techniques - Infographic
20 Best Sales Objections Handling Techniques - Infographic
 
Handling objection
Handling objectionHandling objection
Handling objection
 
Selling Skills
Selling SkillsSelling Skills
Selling Skills
 
Selling Is An Art Form
Selling Is An Art FormSelling Is An Art Form
Selling Is An Art Form
 
Objection handling
Objection handlingObjection handling
Objection handling
 
Handling objections
Handling objectionsHandling objections
Handling objections
 
Selling techniques
Selling techniquesSelling techniques
Selling techniques
 
Overcoming objections
Overcoming objectionsOvercoming objections
Overcoming objections
 
How 2 sale over the phone
How 2 sale over the phoneHow 2 sale over the phone
How 2 sale over the phone
 
Closing Sales Sample
Closing Sales SampleClosing Sales Sample
Closing Sales Sample
 
Overcoming objections jim duffy
Overcoming objections jim duffyOvercoming objections jim duffy
Overcoming objections jim duffy
 
Basic Sales Training
Basic Sales TrainingBasic Sales Training
Basic Sales Training
 
Sales skills handouts
Sales skills handoutsSales skills handouts
Sales skills handouts
 
Improving Your Selling Skills
Improving Your Selling SkillsImproving Your Selling Skills
Improving Your Selling Skills
 
The secret to closing the sale
The secret to closing the saleThe secret to closing the sale
The secret to closing the sale
 
Objection Handling in Sales
Objection Handling in SalesObjection Handling in Sales
Objection Handling in Sales
 
Selling skills
Selling skillsSelling skills
Selling skills
 
Sales Call
Sales CallSales Call
Sales Call
 
Sales Closing
Sales ClosingSales Closing
Sales Closing
 
Basics of sales
Basics of salesBasics of sales
Basics of sales
 

Similar a Chapter 8 handling objections sp12

LIstening and Listening Comprehension
LIstening and Listening ComprehensionLIstening and Listening Comprehension
LIstening and Listening Comprehension
mich_mijares
 
MHG Systems seminar_Anton Buravkov
MHG Systems seminar_Anton BuravkovMHG Systems seminar_Anton Buravkov
MHG Systems seminar_Anton Buravkov
SAILAS
 
Personal Selling: Chapter 11
Personal Selling: Chapter 11Personal Selling: Chapter 11
Personal Selling: Chapter 11
Mazhar Masood
 
Proactive Selling Presentation
Proactive Selling PresentationProactive Selling Presentation
Proactive Selling Presentation
Brent Hillyer
 

Similar a Chapter 8 handling objections sp12 (20)

Salessciptsell
SalessciptsellSalessciptsell
Salessciptsell
 
Be Sales Ready
Be Sales ReadyBe Sales Ready
Be Sales Ready
 
LIstening and Listening Comprehension
LIstening and Listening ComprehensionLIstening and Listening Comprehension
LIstening and Listening Comprehension
 
PPT ON Personal selling process
PPT ON Personal selling processPPT ON Personal selling process
PPT ON Personal selling process
 
Ways to Sell Better
Ways to Sell BetterWays to Sell Better
Ways to Sell Better
 
Conquering cold calling
Conquering cold callingConquering cold calling
Conquering cold calling
 
10 Tips for Getting What You’re Worth - Negotiation & Objection Handling
10 Tips for Getting What You’re Worth - Negotiation & Objection Handling 10 Tips for Getting What You’re Worth - Negotiation & Objection Handling
10 Tips for Getting What You’re Worth - Negotiation & Objection Handling
 
Upselling
Upselling Upselling
Upselling
 
MHG Systems seminar_Anton Buravkov
MHG Systems seminar_Anton BuravkovMHG Systems seminar_Anton Buravkov
MHG Systems seminar_Anton Buravkov
 
21st century selling
21st century selling21st century selling
21st century selling
 
Advance steps in selling process
Advance steps in selling processAdvance steps in selling process
Advance steps in selling process
 
Communication Skills with Clients
Communication Skills with ClientsCommunication Skills with Clients
Communication Skills with Clients
 
Personal Selling: Chapter 11
Personal Selling: Chapter 11Personal Selling: Chapter 11
Personal Selling: Chapter 11
 
Proactive Selling Presentation
Proactive Selling PresentationProactive Selling Presentation
Proactive Selling Presentation
 
Sales essentials by Adam Stott
Sales essentials by Adam StottSales essentials by Adam Stott
Sales essentials by Adam Stott
 
Chapter9 mktg2
Chapter9 mktg2Chapter9 mktg2
Chapter9 mktg2
 
American Hospital Assn. PR Execs
American Hospital Assn.  PR ExecsAmerican Hospital Assn.  PR Execs
American Hospital Assn. PR Execs
 
Deal with Sales Rejection Using These Tips
Deal with Sales Rejection Using These TipsDeal with Sales Rejection Using These Tips
Deal with Sales Rejection Using These Tips
 
The conceptual selling_ book review
The conceptual selling_ book reviewThe conceptual selling_ book review
The conceptual selling_ book review
 
Handling objections
Handling objectionsHandling objections
Handling objections
 

Chapter 8 handling objections sp12

  • 2. So…So What? • Introduction to • Prepared to enter a handling objections sales job upon o Discussion graduation • Types of objections o Understand your client o Practice techniques • Techniques for o Attitude and behavior handling objections o Group exercise • Recap and wrap up
  • 3.
  • 4. Objection Objectives • What is an objection? • Why do customers object? • Techniques to overcome objections • Attitude and behavior of sales associates
  • 5. Sales Objection… what is it? Definition: An expression of buyer concern Rather than argue for a point when an objection is raised, a salesperson can be more successful by listening, or probing, to find out why it is an objection.
  • 6. A Sales Objection is NOT… TI ON • an Argument Cannot force a need REJ EC upon an organization • People are emotional • According to the Sales and subjective Career Training Institute's ongoing surveys regarding sales objections, rejection by prospects is the number one fear - and therefore, the number one de-motivator of salespeople across all industries.
  • 7. Three Reasons Behind Objections 1. Objections may occur because the prospect is ready to buy but wants to confirm the purchase decision with another decision-maker, get a better deal or otherwise stall you in order to meet their own objectives. 2. Objections may occur because the prospect has doubts, fears or unanswered questions about your product, service or you as a salesperson. 3. Objections may occur simply because the prospect does not want to buy.
  • 8. Finding the right contact “Mr. Smith handles all of our events” “I’m not interested in sales people” “What’s in it for me?” “I’m not the decision maker” “I’ll think it over”
  • 9. 1 2
  • 10. Type in company name here
  • 11.
  • 12.
  • 13. The unknown “the risk is too great” “what are you offering?” “I don’t have enough time to figure out the details” “Isn’t your hotel under renovation?” “Wasn’t your restaurant closed for health violations?”
  • 14. ASK Questions and Qualify Feedback • Have I explained myself • Don’t try to deal with clearly? the objection until you • Do you have any other fully understand it. questions before we move on? • Is that the only reason you are not buying? • Does this satisfy your concern regarding…?
  • 15. It’s not for me “It’s too expensive” “I don’t like your hotel/location” “My boss doesn’t like your brand” “You don’t offer free parking/free breakfast” “Your customer service is awful”
  • 16. Overcoming Objections 1. Listen o Do not interrupt the prospect 1. Check for understanding 2. Remain positive 3. Empathize 4. Provide evidence and convince buyer
  • 17. Step 1 • LISTEN to what the buyer has to say. • Make sure not to interrupt even if they buyer is complaining about something you immediately know how to resolve.
  • 18. Step 2 • Make sure you CHECK to see if you understand exactly what the problem is. • Repeat what they said if necessary and conform what the issue is (active listening).
  • 19. Step 3 • REMAIN POSITIVE. Make sure not to argue with the customer but simply make a positive statement. • Make sure to fully understand a complaint before you try and resolve it.
  • 20. Step 4 • EMPATHIZE with your customer. • Let the customer know his/her complaint is very valid and that he/she is not the only one to object to a similar issue.
  • 21. Step 5 • PROVIDE EVIDENCE and CONVINCE your customer that his/her complaint can be resolved. • This stage is the most important • Each complaint requires a unique solution • Some complaints could be masking something else the buyer doesn’t like. • Offering discounts or providing proof are different possible ways of convincing your customer to make a purchase.
  • 22. Step 6 • After trying to resolve the customer complaint it’s time to MOVE BACK to your work in progress. • You are first and foremost trying to sell your product. • Resolving a complaint doesn’t guarantee a purchase
  • 23. A comfortable work A place to connect environment A refreshed morning night’s sleep A great
  • 24. Sell the benefit, not the feature: A great night’s sleep A comfortable work environment If there is no A place to connect Where big ideas come together A refreshed morning A great start to the day Then there is no
  • 25. Attitude and Behavior • Empathy • Stay Positive o Acknowledge your o Objections WILL come customers concerns up, don’t overreact to o “I can understand them how you feel” or “I’m o You can WIN the glad you brought that argument but LOSE up” the sale o Practice Emotional o Get the customer in a Intelligence “yes” frame of mind o *** this does not mean you have to agree***
  • 26. Make the Commitment • Ask the prospect to commit to something o Make an appointment to visit with them in person o Book the business!

Notas del editor

  1. Listen to what the buyer has to say. Make sure not to interrupt even if they buyer is complaining about something you immediately know how to resolve.
  2. Convince your customer that hid/her complaint can be resolved. This stage is the most important part of your sales complaint resolution. each complaint requires a unique solution and some complaints could simply to masking something else the buyer doesn’t like. Offering discounts or providing proof are different possible ways of convincing your customer to make a purchase.