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Sales Solutions 877-862-8631. info@sales-solutions.biz. www.sales-
When Prospects Don’t Say “Yes!”
Turning Resistant Prospects into Paying Customers
Craig James
Sales Solutions
March 24th, 2005
Sales Solutions 877-862-8631. info@sales-s
Agenda
How to use this medium
Introductions
Content
Closing Q&A
Sales Solutions 877-862-8631. info@sales-s
Why don’t prospects say “Yes”?
Fear
Risk
Sales Solutions 877-862-8631. info@sales-s
Of what are we afraid?
making a mistake
making the wrong decision
disapproval
not getting the best value
Sales Solutions 877-862-8631. info@sales-s
Why are we afraid?
Lack of confidence, uncertain
Unfamiliar/infrequent purchase
Insufficient information
Don’t know vendor
No trust developed with sales rep
Sales Solutions 877-862-8631. info@sales-s
Trust Level Over Time
0
10
20
30
40
50
60
70
80
90
Time
TrustLevel
Trust
Level
Sales Solutions 877-862-8631. info@sales-s
How does this fear manifest itself?
Stand off-ish attitude
Reticent - closed, not open
Reluctant to reveal information
Hold cards close to vest
Resistant
Objections
Sales Solutions 877-862-8631. info@sales-s
Objectives
Reduce Fear
Reduce Risk
Establish Trust by Building
Credibility
Sales Solutions 877-862-8631. info@sales-s
Initial Approach
Goal: Gain commitment to
advance process
Expected Resistance
Indifference
Skepticism
Strategy
Anticipate resistance
have responses that reduce fear
make uncomfortable w/status quo
Sales Solutions 877-862-8631. info@sales-s
Customer Attitudes
Acceptance
Indifference
Skepticism
Objection
Sales Solutions 877-862-8631. info@sales-s
Indifference and Skepticism
Indifference
No perceived need, no time, don’t
want to add to plate
Skepticism
Questions or doubts about a claim
Neither is really an “objection”
Sales Solutions 877-862-8631. info@sales-s
Objection
A statement of opposition to your
offering
Due to a misunderstanding
Prospect has facts wrong
Due to a drawback
Factual concern about a deficiency
in your offering
Sales Solutions 877-862-8631. info@sales-s
Objections - Two types
Due to a misunderstanding
Prospect has the facts wrong
Due to a drawback
Factual concern about a deficiency
in your offering
Sales Solutions 877-862-8631. info@sales-s
Attitude
Indifference and
Skepticism
Objection
Fear, Risk
Waste time
Be sold something I
don’t need
Not make mistake;
not make ill-informed
decision; not be
manipulated, taken
advantage of
Sales Solutions 877-862-8631. info@sales-s
Handling Indifference
Acknowledge prospect’s attitude
Resist the urge to be defensive!
Create a sense of inclusiveness
“Like you, many of my customers initially said
the same thing...”
Convince prospect of the value of
continuing the dialogue (your goal)
Once accomplished, you’ve accomp-
lished the first step in developing trust
Sales Solutions 877-862-8631. info@sales-s
Handling Skepticism
Acknowledge prospect’s attitude
Resist the urge to be defensive!
Create a connection/disarm
“You know, if I were told the same thing, I’d
have the same reaction...”
Probe to understand the attitude
Ask how you can allay their doubt
Provide the appropriate proof
Once accomplished, you’ve achieved
another step in developing trust
Sales Solutions 877-862-8631. info@sales-s
Objections due to a misunderstanding
Acknowledge the concern
Probe to understand
why it’s a concern
why it’s important
why they believe it to be true
Point out the misunderstanding
Would it surprise you to know that...”
Check for acceptance - if you get
it, fear declines and trust rises
Sales Solutions 877-862-8631. info@sales-s
Objections due to a drawback
Acknowledge the concern
Probe to understand the underlying
concern - and desired benefit
Have prospect question the
importance of the benefit
If you can provided the benefit with
another feature, make the case
If not, refocus prospect on the
bigger picture
Sales Solutions 877-862-8631. info@sales-s
Objections due to a drawback
Refocusing on the bigger picture
Review goals and objectives
Remind of previous benefits/
advantages they accepted
Have them question the
importance of the particular
capability you lack
Don’t “sell” them. Let them sell
themselves
Sales Solutions 877-862-8631. info@sales-s
The Price Objection
What’s really most important?
Lowest Price or Lowest Total Cost
of Ownership?
Lowest Price or Best Value?
Few prospects buy the “cheapest”
Lowest Price or Lowest Risk?
Most understand “you get what you
pay for”
Sales Solutions 877-862-8631. info@sales-s
Fewer Concerns + Higher Trust =
Better Positioned
Prospect is relaxed, trusting, and
open
Shares information on what it will
take for you to win
because it’s in his/her best interest
Positioned thus, it’s your game to
win!
Sales Solutions 877-862-8631. info@sales-s
Summary
Prospects resist out of fear
Reduce their fear by developing
trust
Develop trust by being sincerely
interested in helping them achieve
their objective
Prospects then open up to their
trusted adsvisor - increasing your
odds of being successful
Sales Solutions 877-862-8631. info@sales-s
Closing Q & A
Sales Solutions 877-862-8631. info@sales-s
Sales Solutions
Service Offerings
Skill Improvment/Enhancement
Sales Process Improvement
One-on-One Sales Coaching
Outsourced Sales Management
Sales Round Tables
Motivational Speaking
Sales Solutions 877-862-8631. info@sales-s
When Prospects Don’t Say “Yes!”
Craig James
Sales Solutions
877-862-8631
www.sales-solutions.biz
info@sales-solutions.biz

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Dealing Woth Sales Resistance

  • 1. Sales Solutions 877-862-8631. info@sales-solutions.biz. www.sales- When Prospects Don’t Say “Yes!” Turning Resistant Prospects into Paying Customers Craig James Sales Solutions March 24th, 2005
  • 2. Sales Solutions 877-862-8631. info@sales-s Agenda How to use this medium Introductions Content Closing Q&A
  • 3. Sales Solutions 877-862-8631. info@sales-s Why don’t prospects say “Yes”? Fear Risk
  • 4. Sales Solutions 877-862-8631. info@sales-s Of what are we afraid? making a mistake making the wrong decision disapproval not getting the best value
  • 5. Sales Solutions 877-862-8631. info@sales-s Why are we afraid? Lack of confidence, uncertain Unfamiliar/infrequent purchase Insufficient information Don’t know vendor No trust developed with sales rep
  • 6. Sales Solutions 877-862-8631. info@sales-s Trust Level Over Time 0 10 20 30 40 50 60 70 80 90 Time TrustLevel Trust Level
  • 7. Sales Solutions 877-862-8631. info@sales-s How does this fear manifest itself? Stand off-ish attitude Reticent - closed, not open Reluctant to reveal information Hold cards close to vest Resistant Objections
  • 8. Sales Solutions 877-862-8631. info@sales-s Objectives Reduce Fear Reduce Risk Establish Trust by Building Credibility
  • 9. Sales Solutions 877-862-8631. info@sales-s Initial Approach Goal: Gain commitment to advance process Expected Resistance Indifference Skepticism Strategy Anticipate resistance have responses that reduce fear make uncomfortable w/status quo
  • 10. Sales Solutions 877-862-8631. info@sales-s Customer Attitudes Acceptance Indifference Skepticism Objection
  • 11. Sales Solutions 877-862-8631. info@sales-s Indifference and Skepticism Indifference No perceived need, no time, don’t want to add to plate Skepticism Questions or doubts about a claim Neither is really an “objection”
  • 12. Sales Solutions 877-862-8631. info@sales-s Objection A statement of opposition to your offering Due to a misunderstanding Prospect has facts wrong Due to a drawback Factual concern about a deficiency in your offering
  • 13. Sales Solutions 877-862-8631. info@sales-s Objections - Two types Due to a misunderstanding Prospect has the facts wrong Due to a drawback Factual concern about a deficiency in your offering
  • 14. Sales Solutions 877-862-8631. info@sales-s Attitude Indifference and Skepticism Objection Fear, Risk Waste time Be sold something I don’t need Not make mistake; not make ill-informed decision; not be manipulated, taken advantage of
  • 15. Sales Solutions 877-862-8631. info@sales-s Handling Indifference Acknowledge prospect’s attitude Resist the urge to be defensive! Create a sense of inclusiveness “Like you, many of my customers initially said the same thing...” Convince prospect of the value of continuing the dialogue (your goal) Once accomplished, you’ve accomp- lished the first step in developing trust
  • 16. Sales Solutions 877-862-8631. info@sales-s Handling Skepticism Acknowledge prospect’s attitude Resist the urge to be defensive! Create a connection/disarm “You know, if I were told the same thing, I’d have the same reaction...” Probe to understand the attitude Ask how you can allay their doubt Provide the appropriate proof Once accomplished, you’ve achieved another step in developing trust
  • 17. Sales Solutions 877-862-8631. info@sales-s Objections due to a misunderstanding Acknowledge the concern Probe to understand why it’s a concern why it’s important why they believe it to be true Point out the misunderstanding Would it surprise you to know that...” Check for acceptance - if you get it, fear declines and trust rises
  • 18. Sales Solutions 877-862-8631. info@sales-s Objections due to a drawback Acknowledge the concern Probe to understand the underlying concern - and desired benefit Have prospect question the importance of the benefit If you can provided the benefit with another feature, make the case If not, refocus prospect on the bigger picture
  • 19. Sales Solutions 877-862-8631. info@sales-s Objections due to a drawback Refocusing on the bigger picture Review goals and objectives Remind of previous benefits/ advantages they accepted Have them question the importance of the particular capability you lack Don’t “sell” them. Let them sell themselves
  • 20. Sales Solutions 877-862-8631. info@sales-s The Price Objection What’s really most important? Lowest Price or Lowest Total Cost of Ownership? Lowest Price or Best Value? Few prospects buy the “cheapest” Lowest Price or Lowest Risk? Most understand “you get what you pay for”
  • 21. Sales Solutions 877-862-8631. info@sales-s Fewer Concerns + Higher Trust = Better Positioned Prospect is relaxed, trusting, and open Shares information on what it will take for you to win because it’s in his/her best interest Positioned thus, it’s your game to win!
  • 22. Sales Solutions 877-862-8631. info@sales-s Summary Prospects resist out of fear Reduce their fear by developing trust Develop trust by being sincerely interested in helping them achieve their objective Prospects then open up to their trusted adsvisor - increasing your odds of being successful
  • 23. Sales Solutions 877-862-8631. info@sales-s Closing Q & A
  • 24. Sales Solutions 877-862-8631. info@sales-s Sales Solutions Service Offerings Skill Improvment/Enhancement Sales Process Improvement One-on-One Sales Coaching Outsourced Sales Management Sales Round Tables Motivational Speaking
  • 25. Sales Solutions 877-862-8631. info@sales-s When Prospects Don’t Say “Yes!” Craig James Sales Solutions 877-862-8631 www.sales-solutions.biz info@sales-solutions.biz