Tips to overcome an objection
An objection is nothing more than a request for additional information. Objections are a good sign and you should actually look forward salesperson. It is a prediction of hesitant of the customers to commit to purchasing a product or service until they have convinced themselves they need it and that they are getting it at a fair price. So salespersons not only expect objections during the sales process, they anticipate them.
Overcoming sales objections starts by Defining the Objection. Before handling sales objections the salesperson must know where they exist and exactly what they are so that they can turn them into positive needs and close the sale. Objections are buying signals in which emotions are triggered.
But most often when salespeople hear the word objection, they often get embarrassed and would rather hold on to a false hope that they could earn a new customer somehow than to accept a no and move on. But they fail to understand objection as “no”. Objections are of two types: The first is by anticipating and responding to the objection before the prospect has even had a chance to voice it and the second is by dealing with the objection as it arises.
Tips to overcome objection:
1. Hear them out:
Sales associates need to listen to what a customer is saying when he gives a rejection to understand the real reason. Give full attention and avoid the temptation to think about your response while they are speaking. Be an active listener and try to discover the meaning behind their words. It is also important to pay attention to body language and listen for voice inflections.
2. Do not interrupt:
If you interrupt them, it feels as if you are objecting to their objection. If you refuse to listen you are creating a strong possibility that you will lose rapport. Use active listening methods, nodding and physically showing interest. Make sure that they are trying to tell you something that will help you sell to them, and they will be giving you more information about how to frame and change the position of your selling tactics.
3. Answer the objection:
Be prepared to provide details by using graphs, charts or numbers.??? Verify the objection has been determined. By building a relationship with customer, a salesperson can establish a mutual trust between the both of you which helps in determining whether or not a customer will purchase from you. When the customer feels like you share a bond, he or she is more likely to trust what you say and be interested in helping you out.
4. Gather Information:
By asking questions you can fully understand the objection which shows that you are interested in customers requirements and it also gives you more information about their objection. use open questions of any type instead that begins with ?Why?? since customers will strengthen all the reasons for their objection, making it harder for you to respond to.
5. Don’t Take it Personally
Tip for overcoming an objection is to avoid taking anything personally. While a client can sometimes reject making a purchase because she is intimidated by or does not trust the sales person, if the customer wants the product then she will find a way to negotiate a price for it. The rejection is a response to the business end of making a purchase
6. Check Your Understanding
If you get clear understanding of customer?s objection helps to maintain good levels of rapport and conveys that you are seeking to properly understand their situation. And taking the feedback in the form of a question it gives your prospect an opportunity to expand upon their concern. It is also important to clarify the objection by addressing their exact concern and not creating a new one. After you clarify the objection, you need to ask your prospect how important that concern is to them.
7. Accept Responsibility of faults:
Don?t try to blame others when there is a problem instead think about how it is perceived by your customer because the customer will think that the salesperson is escaping the blame. What your customer wants is for someone to accept responsibility and fix the problem. So be responding with ?We?.?, to show that you stand with your company.
8. Don?t stay too long on an objection:
While overcoming sales objections don?t stay too long on an objection because you will intensify its importance in the mind of your customer. Better to answer briefly. Your answer should be just long enough to satisfy the prospect, and no longer.
9. Improve doubts about the value of your product:
If a customer is not sure that your product is worth the money, then the customer won?t make a purchase. You can?t talk a doubtful customer into believing in your product but you can show them the real value the product can bring. Explain the product?s quality and uses in a way the customer can relate to.