What Do You Say When Prospects
Raise Objections?
“I don’t have the budget.”
“I’m not interested.”
“I don’t have the time.”
3
THIS DOESN’T
APPLY TO ME.
HOW MIGHT I
APPLY THIS?
WHY SHOULD I
LISTEN TO HIM?
YOU SHOULDN’T.
TEST IT.
I KNOW THIS
ALEADY.
CAN I GO
DEEPER?
LET’S GET TO IT
PART 1 - MISTAKES
PART 2 - PREPARING
PART 3 - PHRASEOLOGY
PART 4 - MY SALES PITCH
TODAY
PART 1
MISTAKES
3 Mistakes Salespeople Make
When Trying to Start
Conversations with Strangers
#1
Pop Quiz
Prospects agree to talk with you because:
A. You are awesome.
B. Your product is awesome.
C. Your company is awesome.
D. You can potentially make
them awesome!
Prospects agree to talk with you because:
https://www.useronboard.com/features-vs-benefits/
Prospect
Problem
Flower
Fireball
Awesomeness!Mario Product
PROSPECT
PROBLEM
FLOWER
FIREBALL
AWESOMENESS!
62
INFOMERCIALS
The Problem
“Have you ever struggled to get out
of the car? Does back or knee pain
make it hard? Do you push with your
arm when you try to stand. Or ask
someone to give you a hand?”
The Fireball
“Now you can get in an out of your
car by yourself with ease!”
The #1 Mistake . . .
The Car Cane locks into any
car. Open your door and snap
it on. It locks into place and
will not move. Car Cane’s
forged steal contstruction can
hold up to 350 pounds.
A FEW
MORE
EXAMPLES
THE PROBLEM
“Have you ever accidentally
put a wool sweater in the
dryer and shrunk it?”
THE PROBLEM
“Have you ever taken your car for
an oil change only to have the
mechanic tell you that you needed
a new transmission and you didn’t
know if you could trust him?”
THE PROBLEM
“Have you ever had your hard
drive crash and realized that you
lost all your photos and videos?”
#1 Know Your Prospect’s Problem
Have you ever . . .
Do you know how . . .
PROSPECT
PROBLEM
FLOWER
FIREBALL
AWESOMENESS!
MAP YOUR STORY
2nd Biggest
Mistake
“I don’t have the budget.”
“I’m not interested.”
“Email me some information.”
“We already have a vendor.”
“I need to check with my boss.”
“I need some referrals.”
“I don’t have the budget.”
“I’m not interested.”
“Email me some information.”
“We already have a vendor.”
“I need to check with my boss.”
“I need some referrals.”
Winging It
#2 Know Your Lines
3
MISTAKE #3
PRACTICING WITH PROSPECTS
#3 Role Play
20 minutes everyday
PART 2
PREPARE
MISE EN PLACE
People
Problem
Phraseology
Practice
MISE EN PLACE
Phraseology?
In 6 minutes
BUT FIRST . . .
WHY?
BECAUSE PROSPECTS ARE AFRAID YOU’RE THE CMKP
https://youtu.be/YIGEwAuWpB8
THE FEAR IS
CAUSED BY YOU
3WAYS YOU
CREATE FEAR
1
WHAT’S YOUR GOAL WHEN COLD
CALLING & RESPONDING TO
OBJECTIONS?
MOST COMMON ANSWERS
TO BOOK A MEETING
TO OVERCOME THE OBJECTION
TO MOVE THE SALE FORWARD
MAKE A SALE
GET A DEMO
DO YOU SEE ANYTHING IN COMMON WITH THE CMKP?
YOU’RE MOVING
FASTER THAN YOUR
PROSPECT
Can I meet your
parents?
2
COMCAST
YOU’RE
TRYING TO
OVERCOME
The Rule of
Consistency
3
YOU’RE
ASSUMING
WHAT YOU
NEED IS A
WAY OUT
HOW?
STEP 1
LET GO OF
MAKING THE SALE
CHANGE
YOUR INTENT
FOCUSING ON THE OUTCOME
FROM
TO
UNDERSTANDING THE TRUTH
THE TRUTH . . .
YES, I’M INTERESTED IN TALKING FURTHER, SHARING
WHAT’S GOING ON AND SEEING IF WE’RE A FIT.
NO I’M NOT INTERESTED AT THIS TIME.
TRUE
FALSE
OBJECTIONS
EXAMPLES
#TRUE
“I’D LIKE TO CANCEL
MY INTERNET. I’D LIKE
TO CANCEL MY
INTERNET. I’D LIKE TO
CANCEL MY INTERNET.”
#TRUE
“YOU CAUGHT ME AT A
TERRIBLE TIME, I THOUGHT
YOU WERE SOMEONE ELSE.
I’M RUNNING TO A MEETING
WITH MY BOSS AND IF I’M
LATE SHE’LL KILL ME. I JUST
CAN’T TALK RIGHT NOW. NOT
EVEN FOR A SECOND.”
#TRUE
TRUTHS HAVE
OOMPH
EXAMPLES
#FALSE
“I don’t have time.”
#FALSE
“Send me a proposal.”
#FALSE
“I don’t have budget.”
#FALSE
“I need some referrals.”
#FALSE
“Send me some information.”
#FALSE
REMEMBER
THE GOAL?
TRUE
FALSE
DISCOVER IF THE OBJECTION IS
OR
HOW?
PART 3
PHRASEOLOGY
Disclaimer
Let’s try some
MELISSA
PROBLEM
FLOWER
FIREBALL
AWESOMENESS!
COLD CALL
SP: Hi Melissa, I’m Josh with Sales DNA. I was checking out
Unleash 19 on your website and have a quick question.
Could you help me out for a moment?
M: Um, Okay.
SP: Thanks, I know you’re crazy busy so I’ll be brief. I help
Directors of Field Marketing who are planning events for
salespeople to sell more tickets using a lesser known method.
Quick question, you folks are sold out already right?
M: Um, Okay.
SP: Thanks, I know you’re crazy busy so I’ll be brief. So I help
Directors of Field Marketing who are planning events for
salespeople to sell more tickets using a lesser known method.
Quick question, you folks are sold out already right?
SP: Hi Melissa, I’m Josh with Sales DNA. I was checking out
Unleash 19 on your website and have a quick question.
Could you help me out for a moment?
“I need some referrals.”
TRUE
FALSE
OR
HOW TO GET
TO THE
TRUTH
STEP 1 - SHHH (LISTEN)
Count to 3
“Yeah, I get it.”
1
“Yeah, I get it.”
2
“Yeah, I get it.”
3
“Yeah, I get it.”
STEP 2 - DEFUSE
“Of course.”


“That’s not a problem.”


“Glad you asked.”
DEFUSSERS“That’s not a problem."
“I’m glad you brought that up.”
“I don’t know.”
“That’s Okay.”
“You’re right.”
“I’d be happy to.”
“I love sending information.”
“I’m sorry, some referrals?”
CALM YOU DOWN & GIVE YOU TIME
SO FAR . . .
“I need some referrals.”
1 2 3
“I’m glad you asked. My clients are my best salespeople:)”
STEP 3 - ENCOURAGE
“I need some referrals.”
1 2 3
“I’m glad you asked. My clients are my best salespeople:)”
“How many would you like?”
STEP 4
THE QUESTION
STEP 4 - GOLDEN LASSO
“I need some referrals.”
1 2 3
“I’m glad you asked. My clients are my best salespeople:)”
“How many would you like?”
“Will do. So Melissa, just curious, if you like what you hear
would you be ready to move forward today?”
NO, NO, NO, NO!!!!
I NEED TO TALK TO MY BOSS
WE NEED A FEW WEEKS
WE’LL BE READY AFTER OUR NEW VP OF SALES JOINS
ACTUALLY OUR CFO NEEDS TO WEIGH IN
The Golden Lasso Question
IF THIS
NEXT?
THEN
I NEED TO TALK TO MY BOSS
WE NEED A FEW WEEKS
WE’LL BE READY AFTER OUR NEW VP OF SALES JOINS
ACTUALLY OUR CFO NEEDS TO WEIGH IN
STEP 5 - RESPOND
“That Okay. Just for fun, let’s say the
boss said it was up to you, what
would you say?”
STEP 5 - RESPOND
“It sounds like we should hold off on the
referrals because you need time to chat
with your boss and decide if you want to
move forward which is perfectly OK.
Would it make sense to carve out some
time after you’ve had an opportunity to
chat with her? Maybe next Thursday”
LET’S TRY ANOTHER ONE
“You’re too expensive.”
TRUE
NOT TRUE
OR
“You’re too expensive.”
THE JUICE ISN’T WORTH THE SQUEEZE
I DON’T KNOW HOW TO JUSTIFY THIS TO MY BOSS
WE DON’T HAVE ENOUGH MONEY
WE DON’T HAVE ANY MONEY FOR STUFF LIKE THIS
1 2 3
“YOU’RE RIGHT. WE CAN BE PERCIEVED AS BEING EXPENSIVE AT FIRST.”
“QUICK QUESTION, DO YOU HAVE A GROUPON?”
“You’re too expensive.”
The Golden Lasso Question
IF THIS
NEXT?
THEN
1 2 3
“YOU’RE RIGHT. WE CAN BE PERCIEVED AS BEING EXPENSIVE AT FIRST.”
“You’re too expensive.”
“QUICK QUESTION, DO YOU HAVE A GROUPON?”
“HEY JUST CURIOUS, IF WE WERE WITHIN YOUR BUDGET WOULD YOU BE
READY TO MOVE FORWARD TODAY?”
NO, NO, NO, NO!!!!
I DON’T MAKE THE DECISION.
YES, WE JUST DON’T
HAVE THAT MUCH MONEY.
I DON’T KNOW HOW TO SELL
THIS TO MY BOSS.
STEP 5 - RESPOND
“OK. HMM. LET ME SEE. NOT SURE
IF I CAN DO THIS, BUT WHAT IF I
COULD GET PERMISSION TO
BREAK PAYMENTS INTO SMALLER
CHUNKS?”
“Send me some information?”
TRUE
FALSE
OR
1 2 3
“YOU GOT IT.”
“Send me some information”
“WHAT INFORMATION WOULD YOU LIKE? PRODUCT INFO, TECH SPECS,
GREEN SMOOTHIE RECIPE?”
“LET’S SAY YOU GET THE INFO. AND IT ANSWERS ALL YOUR QUESTIONS. IT
THIS SOMETHING YOU’RE LOOKING TO DO THIS QUARTER? ASSUME THIS
CAN WAIT UNTIL NEXT YEAR. NO RUSH RIGHT?”
NO, NO, NO, NO!!!!
WE NEED TO DO THIS NOW BECAUSE . . . BUT I
NEED TO KNOW ABOUT X AND Y.
THIS ISN’T A PRIORITY.
I DON’T MAKE THE DECISION.
STEP 5 - RESPOND
“HERE’S WHAT I’M THINKING. LET ME
KNOW IF THIS WORKS FOR YOU. SINCE I
DON’T WANT TO FLOOD YOUR INBOX AND
BECAUSE WE’RE ON THE PHONE RIGHT
NOW, WOULD YOU BE OPEN TO CHATTING
NOW ABOUT THE QUESTIONS YOU HAVE?”
1 2 3
“GOT IT. HOW ABOUT MY FAVORITE RECIPE? YOU LIKE PASTA? YOU A MEAT
EATER? INTO SALADS. HELP ME OUT HERE BOB.”
“JUST SEND ME ANYTHING YOU HAVE”
“USUALLY WHEN FOLKS ASK ME TO SEND THEM ANY OLD INFO, IT’S A
POLITE WAY OF SAYING THEY AREN’T INTERESTED AND ARE JUST AFRAID OF
HURTING MY FEELING BECAUSE THEY KNOW WHAT A DELICATE FLOWER
WHICH I AM. IT’S OVER BETWEEN US RIGHT? I CAN TAKE IT BOB.”
DIFFUSING OBJECTIONS STEPS
1.LISTEN
2.ENCOURAGE
3.GOLDEN LASSO
4.RESPOND
PART 4
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What Will You Do When Prospects Raise Objections?