A Three Step Formula For Overcoming Objections and Closing Sales

Underpinning the principles of the consultativepurchase. It would simply waste every ones time
selling process, as taught on our sales trainingto solve an objection, only to be greeted by a
programmes, is objection handling. You will,host of others. Thus the next step in the three
however experienced a salesperson you are,step process is to isolate the client's objection.
have to handle objections as part and parcel ofThis can be accomplished by asking the client
your every day job. Whilst it would be stupid toanother question along the lines of "if we
suggest that you can overcome them all, theovercome that can we go ahead"?" The answer
three step process that follows, if adhered to, willgiven by the customer will quickly indicate to us if
give you a much higher chance of dealing withthere are any more skeletons in the cupboard
objections better. A well handled objection enablesthat we need to deal with. If there are no others,
you to close mutually beneficial business for boththen the end point is in view.
sides. And securing more orders will, in turn, helpNow that we understand the reason for the
to motivate you and give you much greater jobobjection and we have determined that it is the
satisfaction.only thing preventing an order being placed, we
Some clients raise clear unambiguous objectionsmust move to the last stage of the three step
during your sales presentation, such as "I wantprocess. In this stage we now need to take a
delivery on Monday not Tuesday". Thesepro-active stance with the customer, using
objections are easy for the sales person tojustification. This means repositioning the client's
handle and rarely cause issues on sales trainingargument. Instead of concentrating on the reason
courses. However, very often, the objection isnot to order, our proposal to the client should
articulated less clearly by the customer using anow help them focus on, and consider, the
phrase such as, "I don't think it's right for us", or,additional benefits they will get that arise from
"the men on the shop floor wouldn't wear it".their very concerns. So, for example, if the
Whilst they are themselves valid as objections,objection is "Too dear", they really want to know
they are far too vague for a sales person towhat extra gain will come their way by
handle immediately. This is where the three stageproceeding with our more expensive offer and
formula for handling objections can be particularlywe should explain this. If, on the other hand, they
useful.state that "Its too large", they are inquiring as to
The first step in the three stage formula is towhy it is constructed in that way and what they
refine the customer's objection. This is to make itwill get for their money. Again we need to
meaningful, specific, or quantifiable so you can dealaddress these concerns.
with it. You can do this by asking a question suchSo, in summary, the three step process for
as "Do you mind if I ask why you say that?" Bymanaging objections well means refining the
using this type of question we make the clientobjection, ensuring it is the only objection the
re-phrase their objection and disclose its realclient has and then overcoming the objection using
underlying meaning. If you can do this you arepro-active justification. By following this
well on your way to handling the objection.three-stage formula, as taught on our sales
Having refined the objection we now want to betraining courses, you will be well on your way to
sure that this is the only reason why ourbecoming a professional sales person.
prospect is reluctant to proceed with the