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Objection Handling




@discoverorg #vorsight   @srichardv
Top Sales Effectiveness Initiatives for 2012

Revising/enhancing our lead generation programs                                                  0.459

                      Revising our sales process                                          0.38

       Improving sales rep access to information                                     0.346

       Analyzing our customer's buying process                                      0.332

       More closely aligning sales and marketing                                  0.328

          Enhancing sales team communications                                     0.326

                         Revising our sales tools                                0.312

               Revising our sales team structure                            0.286

         Evaluating/implementing CRM solutions                              0.282

                   Revising our channel strategy                         0.252

            Revising our compensation program                            0.249

            Revising our sales rep hiring strategy               0.185

                                                     0%   10%   20%       30%            40%     50%
“On average, sales reps dedicate
15% of time to prospecting; that
isn’t much time to create 60-
70% of the overall new leads
needed to maintain a 3x
pipeline-to-quota ratio.”
TOFU   Interest
       Attention
       Meeting
       Needs ID




                   BOFU
       Solution

        Close
“How Do I Overcome
Objections in Different
  Parts of the Buying
      Process?”
Agenda
    1. Objection Prevention
  2. Top of Funnel Objections
3. Bottom of Funnel Objections
1
Objection Prevention
ICP Example
Vorsight ICP Criteria


Criteria                  Sweet Spot

Sales team size           5-250 (sales role we train)

Vertical                  software, B2B services, telecom, manufacturing, life sciences

Sales roles               hunters, lead gen, broader/deeper

Open sales jobs           hiring/growing

Lack internal resources   limited training resources

Invest in training        history of hiring 3rd party training

How source opps           prospecting, lead qualification
Caller ID Looks Different
Social Connection
3x3 Research
Current Processes & Systems
Hypothesis of Need & Pain
Fix, Accomplish, Avoid?
Get 3x3s & HoN in Your CRM!
2
Top of Funnel
 Objections
What Do Objections
OTP Actually Mean?
1. I’m Not Listening

2. I’m Confused

3. I Don’t See the Value
Features, Advantages
      , Benefits
Address It Directly
Probe with Questions
(Before you earn the right to)
Verbal Judo Steps:
#1 Listen
#2 Empathize & Repeat
  It’s funny that you mention that because…

  I get that a lot

  I see what you are saying

  Definitely...that’s exactly why I’m calling

  Others tell me that…

  You probably get a bunch of these calls

  I feel where you’re coming from
#3 Use Client Voice
#4 Objection Handling Toolkit
Let’s Practice




 Verbal Judo
“We’re Happy with
Our Current Vendor”
“I have no budget.”
“Talk to my direct
     report.”
“Not interested.”
3
Bottom of Funnel
   Objections
Purpose
Probe to ID & Develop Needs
Consult & Provide Insights
Match Solution
Landscape of DM Types
Next Steps & Observable Behavior
Hundreds of IT Firms have chosen DiscoverOrg
@discoverorg     @srichardv




www.vorsight.com/roi

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