Overcoming Sales Objections

How to Handle Objections

No, I don’t need one.  No, I don’t want one.  No, I already have one.  No, my IT team can build one.  These and a myriad of other objections are claimed every day — so what’s the best way to mitigate and overcome sales objections?
 
cyclesOf course, all objections (at least on the surface) are legitimate objections that need to be addressed and should never be summarily dismissed.  Empathy is the most valuable trait that a salesperson can demonstrate; it is critical that the customer feels your genuine interest in responding to his/her questions (objections).  However, some questions/objections are merely clarification requests and can be quickly and crisply remedied.  While these objections shouldn't be merely shrugged off, you need to be careful not to overreact, either.  I have often witnessed salespeople not really understand the question and launch into some long winded, defensive response when a simple "yes" or "no" would have sufficed. 
 
Simply stated, these three easy to follow steps will help you overcome all objections:
 
  • Step one:  ensure that you, as the salesperson, truly understand the question (also known as qualifying the objection).  The easiest approach is to repeat the question back to the customer and, if necessary, ask the customer for an example of the situation for which he/she is asking.

  • Step two:  answer the question directly and, if relevant, the reason for your answer.  Nothing feels worse than asking a question and receiving a double talk non-answer in response (similar to the approach taken by many politicians).  If, for some reason, you are unable to answer the question (perhaps you need another internal resource for direction), just confess.  No customer expects any salesperson to be able to answer every possible question.  Of course, you can't defer every answer and remain credible, so I suggest using this approach judiciously.

  • Step three:  verify that the question has been answered adequately and that the objection has been overcome.  Sometimes, when verifying that the question has been answered, we find that the question has not been sufficiently answered, so this step provides a second opportunity to properly respond.
I predict that if you practice this simple three step method for responding to questions/objections as part of your sales process execution, you will put yourself in the best possible position to win.  If your sales team would like more coaching as it relates to overcoming objections, ask Virtual Dave or email dave@moicpartners.com.

Dave Levitt

Dave Levitt brings a wealth of experience with more than 40 years in the enterprise software space. Having served as Sr. Vice President, Worldwide Sales, at LiquidFrameworks, Dave played a crucial role in scaling their "quote to cash" platform, leading to its acquisition first by Luminate and then by ServiceMax. His strategic prowess was further proven as he created and spearheaded the Energy Business Unit at Salesforce, growing it from inception to $100 million in total contract value. His extensive background also includes sales roles at SAP, Siebel Systems, Oracle | Datalogix, and as a board member for several tech innovators.