NEPQ - Objections Handling
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School
Concordia University *
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Course
454
Subject
Philosophy
Date
Oct 30, 2023
Type
Pages
108
Uploaded by JusticeOxide12112
OBJECTION
OBLITERATION SCRIPTS
WORD-FOR-WORD
First of all, we have to realize that an objection is only a concern your
prospect has. It’s not a rejection of YOU.
Now is not the time to
REACT to an objection
you get!
Unfortunately, at that point many salespeople just fly off the cuff instead of
working to uncover what the objection
actually means.
Please realize that this is not the time to go back into a
selling mode
to
try to persuade them with logical facts on why your solution is good for
them.
If you have done your work correctly and gone deep into the
conversation with your prospect using NEPQ™ ...
Most, if not all objections, will be eliminated during the engagement
stage of the process which we will show you tomorrow.
That’s called objection prevention.
Let me repeat that you can literally reduce the objections you are
getting right now by 70% or more.
If you do get an objection at this stage, just look at it as a concern.
Try to understand the prospect’s point of view and put yourself in their
shoes as they determine if what you’re offering is only a
promise of a
better future.
Understand that they have to make that commitment before you
deliver
what you promised.
Are you with me?
Now, when a prospect brings up an objection how do you usually react?
What starts going through your mind when you hear an objection like
this?
●
Your price is too high.
● We don’t need it.
● I’m not interested
●
Let me think it over.
● Can you leave me some information?
● We don’t have the budget for this.
● Is this a scam?
● I can’t afford it.
●
I saw some negative reviews about your company online.
● We already have a company we use for that.
● I need to get more quotes.
● I need to talk to my spouse.
What goes off in your mind when you hear these objections?
You go into
“Objection Handling Mode
” like a robot because that’s what
you might have been taught.
We get impatient.
You’ve
heard this same objection before
so you sometimes cut them
off before they even finish their sentence, and try to overcome it with facts
and logic to try and prove and support your solution.
You might even use the old feel, felt, found technique that’s been around
since the
stone ages of selling.
“Mr. Prospect I know how you feel, others have felt the same way
and this is what they found.”
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This does not work on most of your prospects..Throw it out the door,
unless you want to be average in sales….
Now is
not the time
to try to sell them or persuade them on
why you are
“right”.
It’s time to listen and validate what they are saying and feeling, and even
ask them to
expand on why
they feel that way.
You will notice that once you do, they will completely open up to you and
look at you as an
expert, as a trusted authority,
not someone trying to
just sell them something.
Once again, if you have asked the right questions at the right time in the
conversation,
most, if not all
their objections will be eliminated during the
engagement stage”.
You don’t want to
have commission breath here!!!
#noCO breath
How powerful could you be in selling if you knew specific skilled
questions, and when and how to ask them to get your prospect to
overcome their own concerns
and
persuade themselves
that they
wanted to buy from you, rather than you trying to chase after them
yourself?
I’m going to give you some very powerful NEPQ™ questions, like hors
d’oeuvres, just a little nibble, that you can ask them at any time in the
conversation if a concern arises that will automatically put you in front
of the
pack of salespeople trying to win over that same account or
prospect
and put you at the top in your sales office.
I want you to understand that sometimes even with a perfect dialogue
with a prospect you might encounter a few ‘concerns’. Discuss these with
your potential customer.
If you try to hide the objection or just sweep them under the rug, it
will still be in their mind when you try and close the sale which will
create even more objections.
So if we hear certain things in the conversation that are
signs to you
that they are possibly going to have an objection
about when you
go through your presentation at the end, then you need to ask certain
questions to seed in their mind and eliminate the objection.
Let me give you an example of this that is industry specific so you can
see how it might work.
Let’s say, if you sold in the
high ticket industry and you sold a
training program that teaches business owners how to scale their
companies.
I was just working on a script right before this for a company in this
space.
Objection #1: Well, I’ve tried several programs
that just haven’t worked for me.
And the prospect says halfway through
“Well, I’ve tried several
programs that just haven’t worked out for me.”
Well now you know they still have that fear in their mind, so when you
drop the price of what it will take to buy your services do you think that
fear is still going to be there? You bet it is!
So I might say,
“
Hold on when you say they didn’t work for you, what
programs did you go through?
”
Let them answer...
YOU:
Oh and what parts of those do you feel didn’t work for you?
PROSPECT:
Well they didn’t do this and they didn’t do that…
YOU:
Awww, okay and were there other people getting results in that
program?
PROSPECT:
(Most will say)
Yeah I guess there were some I saw that
said they were.
YOU:
So if other people were getting results what do you feel held
you back from having success like they were?
PROSPECT:
Well I really didn’t like their support system they had and
around that time we had our baby and we just didn’t have a lot of time to
put into it.
Now most will start to view
in their mind that maybe it was them, maybe
they didn’t put in the time, maybe they didn’t really work hard enough
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or really show up and it empowers them to feel like they won’t let that
happen again.
YOU:
Okay so support is important to you then?
What did I do there?
They just said that the last thing they got involved with didn’t have great
support, so instead of me saying
“Oh don’t worry, we have the best
support here, that will NEVER happen with us.”
Which is what every salesperson says, and even the person who sold her
the last program said that too, so if you sound just like them, she starts to
get skeptical and loses trust.
So when I say,
“
Okay so support is important to you then?”
That
implies what? That we have great support. I just seeded that into her
mind.
And now at the end of the presentation it’s hard for them to have this
objection now because you have helped them overcome it in their mind
so it doesn’t
resurface later in the sales process as an objection.
Do you see how that works?
Let’s jump back in, so NEPQ™ questions will have already established
something that most salespeople never do with their prospects, you have
established TRUST!
So you will already have a good relationship. So be open and ask if there
is anything they would like to address to you at this point and bring any
concerns to the table. If there are, talk about them as two people working
together to resolve them.
3-Step Formula to Help Prospects/Customers
Overcome Their Concerns
I’m gonna give you a
3-Step Formula
to help prospects/customers
overcome their own concerns:
1. CLARIFY
2. DISCUSS
3. DIFFUSE
Let’s take a closer look at each of these steps.
STEP 1: CLARIFY
First, we have to understand exactly what their concern is, and why they
have the concern -
what’s behind it?
Most salespeople just assume they know and they go into objection
handling mode and never ask. Then what usually happens? They lose the
sale.
You’ve heard this concern before from other prospects, so you start
rattling off a “rebuttal” that you might have been taught. I want you to
stop
doing that! HOLY MOTHER OF MARY! STOP THE MADNESS!
Now let’s find out what is behind their concern so we can help them
resolve it.
Here are some
NEPQ™
Clarifying Questions
to ask:
●
When you say … (repeat back what they said) what do you mean by
that?
●
When you say … (repeat back what they said) how do you mean by
that?
●
I’m curious why you feel this way?
●
Can I ask where you got that information from?
●
How did you arrive at thinking that way?
●
How did you arrive at that?
●
Can you tell me more about that?
●
Why do you feel that way?
●
Can you tell me what you mean by that exactly?
When you say (repeat the concern)…What’s behind that?
Like if they say
“I just have some concerns about what’s in the contract?
You say:
Can I ask what’s behind that just so I understand?
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Objection #2: This is just too expensive!
PROSPECT:
This is just too expensive for our company.
NEW MODEL SALESPERSON:
How do you mean by it’s too
expensive?
PROSPECT:
Well, another company I am looking at is 10%
cheaper for the same product.
Do you see how that works?
The salesperson now knows what the
prospect means when they say it’s too expensive.
In other situations, it could mean something completely different.
It could mean:
“We just don’t have the budget for this right now.”
OR … “Your quote would be too high for us once we add in repairs and
maintenance costs.”
(If you sell farm equipment, train companies that sell that.)
OR … “Once we hire someone to implement the software, it takes us over
what we have allocated for this.”
It could mean many different things depending on your industry.
Can you see how each of these answers reveal a different reason for the
objection of
“this is too expensive”?
Here is another example:
PROSPECT:
This proposal is just too expensive for the company.
NEW MODEL SALESPERSON:
Why do you say it’s too
expensive?
or
“How do you mean?”
PROSPECT:
Well, the most we could pay for this service is about
$7k a month maximum, and you’re quoting me around $11k a
month.
NEW MODEL SALESPERSON:
Can I ask you how you arrived at
that monthly figure of $7k a month?
PROSPECT:
That is what our CEO has allocated us to be able to
spend on this type of service because of cutbacks in our department
from the merger.
Now the salesperson can see the picture more clearly than before.
The meaning of
“it’s too expensive”
is that the CEO has only allocated
$7k monthly due to cutbacks because the company has recently gone
through a merger.
With this extra knowledge, the salesperson may be able to negotiate a
different agreement on price, perhaps by changing service options from
the original offer or by giving them a different type of service that matches
their budget.
OR, when you get really good and you’re a client of ours and you go
through our NEPQ™ training courses you ask questions like this;
“Do you feel like the budget you’ve been given is sufficient to solve
this problem?”
OR…
“So help me understand, with cost being the most important thing
to your CEO can I ask how that compares to your company actually
getting results and being able to solve this problem though?”
Now what does that question do?
Now that gets them to think that maybe they need to go get funds from
somewhere else, a different department to be able to invest with you to
solve their problems. They will go get the funds to do it if they don’t have it.
Do you see the difference?
Our first B2B client was Google Adwords. We trained three of their
divisions about 250 people in total.
So someone referred me to them, they had heard of my sales success,
they probably said,
“Yeah we will meet with this stupid kid, we’re
Google we dont need any sales training, we already do billions.”
They bring me in there Tempe AZ offices, this whole glass building for
miles, very intimidating, like “OMG what am I doing here?”
Within 15 minutes they were into it, they started to realize from my
questions that they were just really doing product training. Which was
costing them millions a month in lost sales.
They were just educating the prospects about the products and services,
winging and then hoping and praying they would buy.
But then they said this…
“We are in but we have already allocated our
training budget and it’s been used this year.
”
So we have to wait ‘till the new budget comes out next year. A lot of
companies are set up that way if you sell B2B, especially Fortune 100-
500 companies.
They said that in early September. They wanted to start January 20th.
That was 5 months away!
Now, do we really believe that 5 months later a sale is going to happen,
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probably not right. So I knew I had to help them overcome this concern
for them.
And I started to help them find out by my questioning ability they were
also losing about 40% of their salespeople every 90 days in those 4
divisions, which was costing them $3-4 million of dollars a month in
rehiring, onboarding, product training etc. And after ten minutes of me
probing deeper, they were
sweating with the pain of them realizing
that their jobs were at stake if this kept happening.
And I simply asked them,
“Well you tell me which is more risky? You
guys getting the funds from another department, the $68K, your problems
get solved, and you double to triple your numbers in these divisions? Or is
it more risky for you to do nothing at all over the next 5 months, you lose
another $4 million x 5 months is $20 million by losing more salespeople
and the situation gets even worse?”
Which is more risky?
The VP of those divisions said
“That’s right!”
picked up the phone and
called a different department and were asking for our wire details.
They
paid me $68k for 12 hrs of in classroom training!
This was before we even had our virtual training platforms for clients that
we have now.
The point here is because of the questions I asked them and how I asked
them they started to realize that they were losing millions of dollars a
month in revenue because their sales process wasn’t working and they
had about 40% of salespeople quit every 90 days.
They were able to see that it was far less risky for them to go get the
funds from a different department to solve the problem now, than to wait
5 months, lose millions more dollars in lost sales, and attrition with their
sales teams and nothing would change.
Now if I didn’t know how to resolve their concern, I wouldn’t have been
able to solve their problems, and that was up to me to do, just like if
you’re not able to help your prospects resolve their concerns.
Whose fault is that?
It’s yours. You’re holding back your prospects from solving their problems
and getting what they want, because for somehow,
selfishly, you’re still
not willing to learn the right skills
to be able to help them find the problems
they didn’t know they had, so they can buy from you and solve those,
and
you get paid a lot of money for that.
Somehow you just are selfishly not learning those skills so you can
help your prospects get the results they want!
Now I’m not willing to do that, are you willing to do that?
Do you want to change ALL of that right now?
Now we got them a
244% increase in sales in those 3 divisions in the
first 90 days!!!
It made them close to an extra $60 million more in sales that year in those
3 divisions.
Was it worth the $68k they invested?
Asking skilled questions about their concern helps you get better
information that clarifies their concerns and assists you in finding a
solution.
You are also helping your prospects think and overcome their own
concerns. You’re requesting clarification about their objection so that
you
can fully understand it.
STEP 2: DISCUSS
Now, once you know what their real concern is and why they feel
that way you will then discuss it like a friend talking to another friend,
conversationally.
Most salespeople at this point go into presentation mode where
they try to prove with facts and figures that they are right and the
prospect is wrong.
This is a sin in sales! GOOD LORD! Do you know how many sales you
lose every week because you are doing that?
Never do that if you want to make the sale and be a top performer in
sales!
Talk conversationally. Remember, at this point in the conversation you
have
built trust, you are the authority, the trusted one.
Because of that they are open with you. You are working and discussing
the concern as two people on the same team trying to solve their
problems.
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STEP 3: DIFFUSE
You’re going to ask them
how they see themselves resolving their
concerns. Let me repeat myself….
After you have discussed the concern, you can then start
diffusing their
concerns
and helping them overcome their concerns in their mind. You
can ask NEPQ™ starter phrases like these: (I’m just going to give you a
little nibble here compared to what our clients learn in our virtual training.)
●
Suppose it wasn’t what you thought it was?
●
Suppose you could … ?
●
What if we could … ?
●
What if you could … ?
Stop saying,
“If I could show you…would you buy today?”
Or,
“What’s it going to take for us to get you in the car today, or get you to
buy this product today?”
HOLY HELL BATMAN!!!
You are losing so many sales by doing this!!!
It just triggers resistance where they feel you are just trying to sell them
something!!!
You would just change the wording of that to something like this:
“If there was a way you could ____________ … would that help you?”
Examples of How to Diffuse Concerns:
Let’s go over specifically how to overcome certain objections. I know all of
you get on here!
Let’s talk about the price concern.
Objection #3: We don’t have the money for this.
Who wants to learn how to do this?
Here is an example of how this might look.
This is deliberately generic so that you can easily plug in your own
industry and tailor to the product or service you sell.
PROSPECT:
We like your product, but at this time we just can’t
afford it.
NEW MODEL SALESPERSON:
That’s not a problem.
..
Tell me, if
you did have the money/funding, would this be something that would
work for you?
***If you have asked the right questions in the conversation they will
always say YES.***
Did you notice how I paused there?
PROSPECT:
Yeah, for sure.
NEW MODEL SALESPERSON:
Why do you feel it would
though?
Do you see the skepticism here?
PROSPECT:
Well, we like ... but we just don’t have the money for it.
NEW MODEL SALESPERSON:
I can appreciate that money
might be an issue for you. How do you think you can resolve that
where you can find the money so that you can…
Here you just
plug
in what they said they wanted
.
You are tying in them getting the funding/money with having what
they said they wanted.
If they don’t get the funding/money then they can’t have what they
said they want.
Many times when you ask them this question, because of the trust they
have in you, they will be the ones to come up with ways on how they can
get the funds together.
When you do this correctly, they’ll think about using a credit card, getting
a loan, refinancing their house, borrowing from their 401K, investments,
or getting their boss to take money from a different department to invest
in your solution depending on what you sell.
Now, if they cannot come up with ways on how they can get the money,
you can ask them this question:
“What other avenues do you have to find
the funding so that you can ...”
Once again, you are just filling in the second thing they said they wanted.
Here are some examples. We train hundreds of different industries. I wish
I could show all of the examples to you but here are just a few.
If you sell Home Security Systems:
“What other avenues do you have to find the funding to protect your
home and family from intruders breaking in?”
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If you sell Health Coaching or Supplements:
“What other avenues do you have to find the funding to be able to
lose this 90 pounds so like you mentioned you can be able watch
your grandkids grow up?
(If that’s what they said they wanted.)
If you sell rental or commercial properties:
“What other avenues do you have to find the funding to purchase
this rental property so you can get a greater return on your money?”
For Real Estate:
“What other avenues do you have to find the funding to use
as a down payment so you can get your family into this safer
neighborhood?”
For Lead Services or Marketing to companies:
“What other avenues do you have to find the funding to start getting
a higher quality of leads so your salespeople can make more sales
for you?”
And for Life Insurance:
“
What other avenues do you have to find the funds so that your
family can be financially protected when you do pass away?”
For Cyber Security to business/banks:
“What other avenues do you have to find the funds so you’re
able to protect your customers from the fraud and identity theft?
Now I’m going to give you an industry specific example so you can
see how the structure works for what you sell. Just plug in your
product or service here.
In this example, the salesperson is selling
e-Commerce training
.
“Tell me … if you did have the funds, is this something that would
work for you?”
(They will always say yes.)
“Why though?”
(Take note of the tonality I use with this question. It’s like you’re a
Hollywood actor - George Clooney.)
Or if they say, “
I do BUT I just don’t have the money…”
You say,
“
Money aside why do you feel it would work for you
though?”
“Okay, so I can appreciate that money might be an issue for you.
How do you think you can resolve that? Where you can find funding
so you can start making profits in your stores?”
(Let them come up with ways.)
If they cannot figure it out:
“What other avenues do you have to find funding to start a business
so you can make more money?”
If they still can’t come up with ways:
“Have you ever considered putting it on a credit card and just paying
it off when we start making profits after we set everything up with
you?”
OR…
“Can I make a suggestion?”
“
What I can do is show you the avenues that our other clients use
to get the funding if they don’t have it themselves, you will have to
see if you have those options if you’re wanting to
(repeat back what
they said they wanted)
start your own business where you can make
more money.”
After you go through the ways they find the funds, you simply ask…
What of those avenues do you have?
Here is the complete generic version. Once again, plug in what you sell to
this structure:
“Tell me, if you did have the funding/budget/money, is this something
that would work for you?
“Why do you feel it would though?”
“I can appreciate that money might be an issue from what you told
me. Tell me, how do you think you can resolve that so you can … ?”
(Repeat back what they want.)
“What other avenues do you have to find the budget/funding/money
so you can … ?”
(Repeat back what they said they wanted.)
“Can I make a suggestion?”
And you will simply suggest what other clients of yours do to find the
funds to solve the problem.
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Objection #4: I need to think it over.
How do you disarm the prospect where they won’t push back, where they
will open up to you and tell you what their real concern is.
What do most reps say when they get this concern at the end? Most
reps say something like this or they have different versions of this.
PROSPECT:
We really like this but we need to think it over.
SALESPERSON:
I’m confused you said,
(and then repeat back what
they said they wanted, and then say)
what do you want to think about, or
what do you need to think over?
Now all that is a logical based trap to get the prospect to admit that they
said they wanted to change their situation, but do people buy on logic or
emotion?
Emotion, of course, so you will win over a few but you are losing a ton
that you could be making if you knew how to use human behavior to your
advantage and really theirs as well.
Realize when your prospect says
“I want to think it over”
most of
the time this is because you have not asked the right questions at the
right time in that sales conversation to help them see clearly what their
problems are, the root cause of the problem, and how it will affect them if
they don’t do anything.
Remember when a prospect says I want to think it over, that is NOT the
objection. Do you really think they go back and start thinking about it
several hours a day?
NO, they have a real concern but they are just not wanting to tell you what
that is, so they just say I want to think it over. It’s a knee jerk response.
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Remember though that you can’t tell them that.
You have to ask the
right questions that allow them to tell themselves that, and when they
tell themselves why they need to change their situation, they persuade
themselves, and it creates massive urgency for them to want to purchase
now, not weeks or months down the road.
Now on the flip side, when they feel that the problem is not that bad
because you couldn’t help them see that,
because your questioning
was off it causes them to feel that the problem they have might not
be that bad after all, or maybe they feel you cannot get them the
results they want.
There has to be a gap in their mind of where they are now or
the current
situation,
the current state
compared to where they want to be, we call
that the
objective state
.
And what’s holding them back from getting what they want? All these
problems that your questions have helped them find.
The larger the gap, the more urgency there is for them to buy now, not
later.
That gap can only be created in their mind by the questions you ask
them.
Here is an example of how to resolve this concern. This is a generic
example not industry specific.
PROSPECT:
This sounds good, but let me think it over.
SALESPERSON:
That’s not a problem. What’s your timeframe on
getting back to me in the next day or two just to see if I would be available
for you?
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Now why on earth would I not try to overcome that objection right here?
Why would I try to set up a 2nd call?
Because it takes the sales pressure right out of the conversation, it
disarms
the prospect and causes them to let their guard down.
It also positions you as busy with other clients, you don’t need the sale.
You’re detached.
It disarms them and that’s where they become more
open…
PROSPECT:
I guess I could call you in a few days
.
***You need a scheduled time. No waffling.***
SALESPERSON:
Well possibly
,
I’m not sure I’d be available
randomly like that
.
What I can do if you have your calendar handy, I can
pull up mine and have you book a specific time with me, that way you
don’t have to chase me down and vice versa, would that be appropriate?
(This is called a calendar commitment, works everytime and shows that
you are not desperate, you are busy, you have tons of clients you are
helping solve problems.)
Now after you book the appointment, you ask this.
SALESPERSON:
Now before I go, what were you wanting to go over
in your mind
(a better way of saying, “What do you want to think
about?”)
, just so I know what questions you might have when we talk
tommorrow?
Now this is the key at this point, they are going to tell you what their
real concern is.
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They might say,
“Well I’m just concerned about, or I’m just not
understanding this part, or I’m not sure if I can get the money for this.”
Now would you rather know what their real concern is now when
you are on zoom with them, in person or on the phone, rather than
not knowing and hoping and praying they show up to the next
appointment?
And then you will be able to clarify their concern, ask a diffusing
question, and then discuss it like two people who are trying to work
out a solution together and most of the time close the sale on that
call.
Objection #5: Send me some references
If they they ask you this 99% of the time it’s because they have a
concern.
They don’t trust that you can get them the results they said
they wanted, because you don’t know the right questions to ask
that creates that certainty in their mind where they view you as the
expert, as the trusted authority,
and that’s exactly why they ask you for
references!
Now that being said, references from satisfied customers can be a great
tool to help a prospect move forward with your solution.
However, it can also be just a way for the
prospect to get rid of you, the
salesperson.
You have to ask
qualifying questions
to really find out if this potential
customer is serious about changing their situation, they have a concern or
they are just wasting your time.
Here are some examples of questions to ask if they ask the “send me
some references” question.
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PROSPECT:
Can you send me some references from other clients
you have?
SALESPERSON:
That’s not a problem, I’m curious what would you
like to ask them when you call?
(This helps you find out if they have
a concern.)
OR
SALESPERSON:
Yeah that’s not a problem, just so I can send the
right people to you, what specifically would you like to discuss with
them?
PROSPECT:
Well I want to find out from them …
SALESPERSON:
That makes sense, when do you plan on calling
them so I can let them know to see if they are available for you?
PROSPECT:
Well, I would probably just call them tomorrow
afternoon if that works.
SALESPERSON:
I can reach out to them to see if that works for
them.
Now, let’s pretend for a moment that the clients you talk
to say good things about how we were able to solve the same
type of problems your company is having, where do you think
we should go from there?
WARNING:
If you simply agree to send a prospect reference without a
commitment to know what the next step is after they talk to them, then
you will most likely never hear from that prospect again.
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Objection #6: I’m so busy can you just send me
a quote?
Here is another example:
If they ask this towards the beginning of
your call,
before you have even found out what their problems are, no
real discovery, they just ask you
“
Can you just send me a quote? I
don’t have time to talk!”
PROSPECT:
Can you send me a quote?
SALESPERSON:
Yes, that’s not a problem. What is it that you are
hoping to see from the quote?
PROSPECT:
Well I’m just trying to see if we have the budget for
your program/XYZ product/service.
SALESPERSON:
Okay,
I understand.
It might make sense
before I send a quote if I understood a little bit more about who
you’re using for XYZ/situation just to see if I could even help
you in the first place, because maybe you don’t even need us…
for example, what type of
…
(You would start off by asking a few
situation questions to find out their present situation.)
Now, after you have taken them through the engagement stage towards
the end of the conversation, you will bring up the question they asked
about sending them a quote like this:
SALESPERSON:
I will get to work on putting together a quote
for you if you’d like.
Now let’s assume for a minute we get you
the quote and we were able to meet your needs to solve the
problem that you mentioned to me.
What do you see as the next
step?
WARNING:
If the prospect cannot give you any answers about his or her
needs then this is probably a prospect that is either fishing for information,
and or doesn’t have any funding/budget/money for your solution and is
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just a waste of your valuable selling time.
How many of you have lost sales with this objection, because you don’t
know how to overcome it, you email them a quote or proposal and
NEVER hear back from them? You follow up with them and they just
GHOST you?!?
That is a triggered objection by what you are saying in the beginning of
the call that is causing sales resistance and they just throw that objection
at you!
Now once you learn NEPQ™ in our virtual training courses you can
reduce that concern by 70% probably and if it does happen we teach you
exactly what to say and ask that helps them resolve that in their mind!
Objection #7: Can you send me some
information?
If they ask this towards the beginning of a call -
“Can you send me some
information?”
Oh, okay great! Yes, I’m gonna email you some information.
You get
excited.
Yay, I’m gonna make $3k commission on this!
Then you email them, you get excited, but you don’t hear back from
them, you call and email them again and they NEVER get back to
you…
PROSPECT:
Can you send some information to my email?
SALESPERSON:
That’s not a problem, just so I can put together
the best information for you, what exactly are you looking for?
PROSPECT:
Well I’m looking to see how your XYZ product could…
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SALESPERSON:
Okay and who/what do you use now for your …
?
(Now, you simply start going through the engagement stage with
your f
irst situation question
. It’s a very natural way to go from just
sending some information to helping the prospect
uncover their
problems
and to start to engage with you.)
Now, after you have taken them through the engagement stage towards
the end of the conversation you will bring up the question they asked
about sending them more information like this:
SALESPERSON:
Okay, good first call that helps us better
understand what’s going on, what I can do if you’d like is send you
more information about how we could solve those challenges you
had mentioned. Now,
let’s suppose you and the firm go through
the information and it fits into what you are looking for. What
would you want the next step to be?
WARNING:
Never, never, never
send out information for a prospect
without first finding out if this is a serious person wanting to change their
situation. Otherwise, you are just wasting valuable selling time.
Objection #8: I’m just so busy, can you just call
me back?
Oh yes, when can I call you back? 9 PM on Saturday night? Okay I’ll
call you then.
You call and they don’t answer. You leave a voicemail and text and
they NEVER respond!
Oh no, I thought they were so interested!
PROSPECT:
Can you call me back? I’m too busy right now.
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SALESPERSON:
That’s not a problem. What I can do if it helps
you is
give you my number and you’ll have to call me back later
today to see if I would be available. Would that help?
My number is 573-578-9872. What’s your timeframe on getting
back to me today just to see if I would even be available for
you?
Asking them what their time frame just to see if I would be available
for you
is a very powerful question that helps position you as a trusted
authority in the market.
It makes it appear that you are
busy with other clients,
that you are not
needy. You don’t need them. In fact, you’re doing them a favor by calling
back as they have problems and your solution will solve those for them.
They will start to view you more as an expert
whose time is valuable,
rather than just another salesperson trying to sell them something.
PROSPECT:
I can get back to you sometime later in the week
probably.
SALESPERSON:
Well possibly, it might be harder to randomly
get a hold of me, with my schedule, what I can do though
if you
have your calendar handy, I could pull out mine so you can
book a
specific time
with me, that way you don’t have to chase me down
and vice versa … would that be appropriate?
This also positions you as a trusted authority whose time is valuable,
rather than just another salesperson who they can shrug off at any time.
Now, if they don’t call back at the scheduled time, you wait two minutes,
so it doesn’t look like you were waiting by the phone, and you call them.
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“Hey John! It’s just Jeremy getting back to you. I’m just a little bit behind
schedule….”
See how that works?
Objection #9: Can you send me a proposal?
Never give a prospect a proposal without understanding what their
problems are, and if they have the budget/funding/money to solve
the problem.
You should live by this! There are
no exceptions to this rule.
Even if you
have a prospect that says
“Can you just send me over a proposal with
your pricing in it?”
You must never fall prey to this with a prospect. If a potential customer
asked for a proposal upfront before you have discovered what their
situation is, you simply will say this:
“I’d be open to putting together a proposal for you, but to be frank,
I’m not quite sure I could even help you yet. Would it make sense to
ask a few questions about your situation so we can put something
together for you that might be useful? Would that help you?”
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Objection #10: I need to talk to my spouse or
partner.
Realize when a prospect says “I need to talk to my spouse” it’s for
one of two reasons.
The first reason is
you haven’t pulled out enough emotion from your
questions to help them see the problems clearly
in their mind that
they have and for them to feel urgency to solve those to get where they
are wanting to go.
So because of that they are trying to get rid of you. They don’t feel
what you are saying will get them the results they want.
This is all on us as the salesperson because of our lack of questioning
skills. That can be fixed once you start implementing NEPQ™ and really
start to clarify and probe off their answers.
So the “I need to talk to my spouse” is not really a concern, they have a
real concern behind that, and you need to find out what their real concern
actually is.
The second reason is that it’s just logistical.
The spouse is interested
but they just discuss things when they make major purchases.
Based on how the call went from their tonality, body language, and the
answers to your questions will tell you which of these they fall into.
Now, no matter which one they fall into, your original reaction can
be very similar. You simply first want to acknowledge what they said
and then set up a time the next day ideally or a day after to talk again
to either them or ideally both of them.
This helps disarm them where if
they are in the first category and they have a real concern so they are just
saying this objection you can help them overcome it on the actual call or
meeting.
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Here is how it might look. I will show you how it will look in a few
various industries and then give you a generic example so you can
plug in your industry.
Once again this works for any product, service, or industry, it
doesn’t matter what you sell.
I will give you the generic version here and then give you some different
examples of how it would look in various industries.
PROSPECT:
This sounds good. I just need to talk to my spouse as we
make these type of decisions together as a family.
SALESPERSON:
That’s not a problem. How does your wife/husband
feel about you ________________?
(Repeat back what they said they
wanted.)
PROSPECT:
I think they would like me to do this, but I need to ask them
first.
SALESPERSON:
Well what will you do if you go to them and they don’t
want you to _______________?
(Repeat back the benefit of what you are
offering, and what they said they wanted.)
PROSPECT:
I understand I just am not sure what they will say about
this.
SALESPERSON:
How will you ___________? (Repeat back what they
said they wanted) if they don’t let you get the funds so you can XYZ
(repeat back the end result they wanted) then?
PROSPECT:
Gosh I really do need to do something about this.
SALESPERSON:
Why now though, why not do this later when the
situation has gotten even worse?
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Now if you still cannot get them to overcome this, you simply say…
SALESPERSON:
I understand. What’s your timeframe on getting back
with me today or tomorrow just to see if I would be available for you?
(When you say,
“just to see if I would be available for you”
, it positions you
as the expert who is busy, not just a salesperson who is at their beck and
call because they are desperate for a sale)
PROSPECT:
I could call you in the next few days.
SALESPERSON:
Well, I’m not sure if I would be randomly available
like that with my schedule. What I can do if it helps you is if you have your
calendar handy I can pull up mine so you can book a specific time with
me in the next day or so, so you don’t have to chase me down and vice
versa, would that be appropriate?
(Notice I say
“...so you don’t have to chase me down and vice versa”
, this
positions you once again as the expert who is busy, helping other clients
solve their problems, so it’s attractive to your prospects.)
Never never say you can be available late at night or on the weekends
when they ask you for that, it makes you look desperate and when you
look desperate you are not viewed by prospects as the authority or
trusted expert, you are viewed as just another salesperson trying to sell
them something.
You become commoditized
.
Here are a few industry specific examples of how this might look, once
again this works for any industry, any product or service that’s sold.
Most of the time
you can help them resolve this concern on this call
and not even have to reschedule after they talk to their spouse and
or business partner, it just depends on your industry and what you
sell, especially your price points.
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If it’s a B2C type of sale where it’s $1000, that would be completely
different than if it was a B2B sale selling something that is $1 million
dollars that needs to go through to the Board and Legal before
getting approved.
Amazon Coaching:
PROSPECT:
I need to talk to my spouse.
SALESPERSON:
That’s not a problem, how does your spouse feel
about you starting your own business so that you can make more money
for the family?
(Notice I am repeating back what they said they wanted which is making
more money.)
PROSPECT:
I think they would like that.
SALESPERSON:
What are you going to do though if you go to them
and they don’t want you to get the funding to put into the business so you
can make more money though?
PROSPECT:
Well, I guess I would just have to figure out what to do, not
sure.
SALESPERSON:
Well if you don’t get the funding together how would
you be able to even start your business so that you can get out of your
job to have more time with your kids?
(You are asking a consequence question here to help them realize if they
don’t do anything about this, they will just stay in the status quo, nothing
will ever change for them. We also repeat back the second benefit they
said they wanted, which was more time with the kids.)
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PROSPECT:
Yes I’m going to have to do something, I just need to talk to
them first.
SALESPERSON:
What’s your timeframe on getting back to me in the
next day or two just to see if I would be available for you?
PROSPECT:
I could call tomorrow or the next day probably.
SALESPERSON:
Well what I can do if you have your calendar handy I
can pull up mine so you can book a specific time with me in the next day
or so, so you don’t have to chase me down and vice versa, would that be
appropriate?
Never ever let them just randomly call you back. If you do you will rarely
hear back, life gets busy, so you set a specific time. No matter what, you
live by this rule.
You are on the next day and start off the call:
How does your spouse feel
about you starting your own business so you can make more money?
Life Insurance:
PROSPECT:
I need to talk to my spouse.
SALESPERSON:
That’s not a problem. How does your spouse feel
about having stronger financial protection to pay for the house and other
expenses when something happens to you?
(Notice how I am repeating
back what they said they wanted.)
(Let them answer.)
SALESPERSON:
Well what will you do if you go to them and they don’t
want you to put the extra funds into the policy and you don’t have that
protection for them and then something happens to you?
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PROSPECT:
Gosh I will have to just figure it out.
SALESPERSON:
I understand. What will she have to do though if you
did pass away, God forbid, 15 years early and then she gets stuck with
having to pay the mortgage and all the other bills but she doesn’t have
the money to even do that?
PROSPECT:
I don’t know. I just hope that doesn’t happen.
SALESPERSON:
Are you willing to settle for that and take that risk?
PROSPECT:
No, I really need to do something about this now.
SALESPERSON:
Why now though? (If you feel like they still need to
talk to the spouse or they keep saying they need to, then just follow the
same format and set up the next appointment.)
(Let them answer.)
Well what do you think you should do then?
If they still come back and say they need to talk to spouse, you then go to
plan B and set the appointment like I showed you:
SALESPERSON:
Okay, what’s your timeframe on getting back to me in
the next day or two just to see if I would be available for you?
PROSPECT:
I could call tomorrow or the next day probably.
SALESPERSON:
Well what I can do if you have your calendar handy I
can pull up mine so you can book a specific time with me in the next day
or so, so you don’t have to chase me down and vice versa, would that be
appropriate?
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Lead Services/Marketing:
In this example, let’s say you sell
lead services to companies/small
business owners.
It’s the same structure.
PROSPECT:
This sounds good, but I will have to speak to my business
partner to see what they think.
SALESPERSON:
Yeah that’s not a problem. Tell me, how does your
business partner feel about you guys getting a higher, more quality lead
type so you can make more sales?
(Notice how I am plugging in what
they said they wanted, a higher quality lead and how I tie in the result of
that better lead, which is to make more sales.)
Remember people don’t buy your product or service they buy the results
that your product or service can get them!
PROSPECT:
Well, yeah, they would want better leads for sure, I mean
who wouldn’t right?
SALESPERSON:
Well, what are you going to do if you go to them and
they don’t want to put in the extra funding to get this higher quality lead
and your sales keep going down over the next 3-6 months?
(Say this
with a skeptical tone. If you notice, I am asking a consequence question
here to get the prospect to realize what would happen if they don’t do
anything.)
PROSPECT:
Yes we have to do something for sure otherwise we could
go under.
SALESPERSON:
Would it help you if we set up a call with your
business partner and you to discuss how we might be able to help you
solve this problem?
(Especially if they have a business partner or other
decision makers in a B2B environment you would want the other decision
maker or makers on the next call.)
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PROSPECT:
Yeah that might help actually.
SALESPERSON:
Well what I can do if you have your calendar handy I
can pull up mine so you can book a specific time with me in the next day
or so, so you don’t have to chase me down and vice versa, would that be
appropriate?
And that process is how you help your prospect overcome the
“I need to
talk to my spouse/partner” concern.
Objection #11: I need to check my finances.
With this concern we first need to understand what they mean by saying
“I need to check my finances.”
Does it mean they are saying they don’t know if they have the funds and
you need to overcome the “we don’t have the money or budget objection”,
or does it mean they are looking to see where they are going to get the
funds, and is simply logistical?
So the first thing we have to do is ask a clarifying question around this to
see what they mean by this.
PROSPECT:
I need to check my finances on this.
YOU:
How do you mean exactly?
PROSPECT:
Well I’m not sure if I should pull the funds from our 401k,
or use a credit card, or I might even be able to pay half myself and then
get a loan for the other half too.
YOU:
Oh I see so you’re figuring out where you’re getting the funds
from? Yeah we have clients that do those options. Most of our clients just
use…
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And then go over which avenue you want them to use to make the sale
the soonest, and at the end of that say this -
Would that help you?
OR
PROSPECT:
I need to check my finances on this.
YOU:
How do you mean?
PROSPECT:
Well we’re not sure we have the budget for this right now.
Now, you know that it’s a money/funding/budget concern and use the
How to overcome the “we don’t have the money” concern that we went
over earlier in the portal.
Objection #12: I’m going to try and do this
myself.
The issue here is what did we say and or not ask in the discovery part of
the sales conversation that caused the prospect to think in their mind that
they would be better off trying to figure everything your solution does on
their own?
Because, as we all know, they wouldn’t have a clue how to do everything
your solution provides, otherwise they would have already been doing it.
So if they go at it alone, what are the consequences?
Lost money, lost time, frustration, more stress. They stay in the status quo
and nothing ever changes for them.
So what we need to do on our end is go over three to four things that are
very technical or time consuming that they would agree in their minds
they would have no idea how to do or have the time to do it.
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Once they say that to themselves they realize they would never be able to
solve their problems and get where they want to be without your solution.
Let me give you an example…
PROSPECT:
This is really good, but I think I’m just going to try and do
this on my own and see how it works.
YOU:
Well, I guess you could….Do you feel that you know how to XYZ,
and ABC, and be able to know how to do DYZ so that you can…
(repeat
back what they said they wanted)
Let me give you an industry specific example so you can see how this
would look. Just tie in what you sell to this same framework.
In this example, let’s say you sell consulting and training for people who
want to start their own e-Commerce business. Your company teaches
them how to start and scale in e-Commerce so they can make more
money and have more time with their families by having their own
business
PROSPECT:
This is good, but I think I’m just going to try and do this on
my own and see what happens
.
YOU:
Well I guess you could try…I mean do you feel like you know how
to research what the actual top selling products are that are working in the
market now not in the past? Do you feel like you know how to determine
if those products are able to SCALE? Do you feel like you know how to
write the right ad copy to ensure your ads will actually convert? Do you
feel like you know how to determine which audiences in your FB ads
so you can start your lookalike audiences and then know how to scale
those? Do you feel like you know how to do all that so you don’t lose all
that money?
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PROSPECT:
Well not really, I guess I could try and figure it out.
YOU:
So if you don’t know how to do all that, how much money do you
think you will lose every month trying to figure it all out without the right
knowledge and skills?
PROSPECT:
Gosh I’m not sure..
YOU:
Well, you tell me which is more risky? Is it more risky to get the
funding together put it into the training and ensure you have the right
skills and know exactly what to do day 1 so you’re profitable? Or is it
more risky for you to do nothing at all, try to wing it, and hope and pray it
works out for you? Which is more risky?
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Objection #13: I don’t know if I have the time.
Here we have a scenario where you are selling a product or service
that requires time for the end user to go through it, maybe it’s a training
program, maybe it’s software that they will have to install.
Depending on your industry, this objection could mean different things.
The first thing we have to do just like any concern we get is we have to
clarify what the concern actually means and what’s behind the concern.
In this example, let’s say you sold real estate education training that
teaches people how to invest in real estate.
PROSPECT:
I really like this but I just don’t have time to go through it.
YOU:
In what way?
Or…
how do you mean exactly?
PROSPECT:
I am just so busy with my job right now and we just had a
new baby a few months ago, I just wouldn’t know when I would have time.
YOU:
How much time do you feel you would need to put into it to start
buying and flipping homes?
(repeat back what they said they wanted)
PROSPECT:
Well I guess I thought I would need at least 15-20 hours a
week or so starting out…
YOU:
Well I guess you could do that, I would say our average client is
probably doing maybe an hour a day. It just depends on how many homes
you want to purchase and how much money you want to make.
Do you feel you could put in 5-6 hours a week so you can learn the right
skills to become a full time investor and get out of your job so you can
make more money?
(repeat back what they want)
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PROSPECT:
Yeah, that’s not bad at all.
Sometimes by just asking a simple clarifying question, you find out that
their version of
“I don’t have time for this”
is much different than the time
they need to put in. Prospects don’t know what they don’t know.
Now, let’s say, in the same example when you ask if they could put in
XYZ time, they come back and say this;
PROSPECT:
Yeah I am so busy with my kids at soccer and my job I
don’t think I could even do that.
YOU:
So without dedicating the time to learn the right skills to make more
money in your real estate business how would you ever be able to leave
your job so you have more time with your kids?
(Repeat back the end
result they said they wanted. In this example, it is so she could leave her
job to have more time with her kids.)
The
“How are you going to…
” question gets them to see in their mind that
they will never be able to have what they want unless they change their
situation.
PROSPECT:
Yeah I’m not sure what I should do here.
YOU:
Well you tell me which is more risky for you? Getting the funds
together to get into the training and dedicating the time to learn so you
can have the skills to walk away from your job in 6 months? Or is it
more risky to do nothing at all, the problem stays the same, nothing ever
changes and you end up missing out on your kids lives like you said
because you are at work all the time? Which is more risky?
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Objection #14: I need to pray about it.
The first thing we have to do just like any concern we get is we have to
clarify what the concern actually means and what’s behind the concern.
PROSPECT:
This is a big decision for us, and we really need to pray
about it.
YOU:
Yeah, that’s not a problem
(helps disarm the prospect)
. Now when
you say pray about it, what specific parts of what we went over would you
be praying about?
Now this is important as when they tell you what “parts” or aspects of your
solution they need to pray about that tells you what their real concern
actually is and then you can address the concern, help them overcome it,
and then close them.
PROSPECT:
I feel we just need to pray about this because it’s a lot of
money and we’re just not sure we have the budget for it.
See, now we know what the real concern is and we can help them resolve
that. See the “we don’t have the money” objection training we went over
earlier.
Then after you help them overcome the money concern you simply ask…
YOU:
How do you feel God would feel about you…
(repeat back what
they said they wanted)
(Industry example: Let’s say you sell life insurance and the couple says
they need to pray about it.)
YOU:
How do you feel God will feel about you having the financial
protection in place for your wife and kids for when you do pass away and
they are completely taken care of without any stress or worries like most
people go through who DO NOT have the right insurance in place?
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You won’t find anyone who says
“Nope, I don’t think he would want me
to protect my spouse and children financially...”
if you were selling life
insurance as an example.
Objection #15: I need to take to this to the
board and see what they have to say.
If you sell B2B and are selling to enterprise level companies this is a
pretty normal process. You might even encounter this selling to SMB as
well.
However, you need to fully understand a company’s decision making
process and get the other board members, decision makers, and
influencers of those decision makers on board with your solution.
Because if you don’t, you have no control on the outcome and you will
lose a ton of sales without that control.
PROSPECT:
This looks really good but we will need to take this to our
next board meeting and present it to the board and see what they think.
YOU:
That’s not a problem. How does the board feel about you guys
being able to solve this problem
(repeat back the specific problem)
so that
you can
(repeat back what they said they wanted)?
PROSPECT:
Oh I think they would want us to be able to do that for sure,
but I still have to check.
YOU:
So what happens if you go to the board and they don’t want you
to put the funding in, how would you ever be able to…
(repeat back what
they said they wanted)?
PROSPECT:
Well it would be much harder for sure.
YOU:
Would it help if we had you introduce us to the board and we go
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over some of the issues you mentioned your company was having and
how we could possibly help you solve those like we do with our other
clients, would that help you?
PROSPECT:
Yeah that might make more sense…
Objection #16: This is just too expensive for us
right now.
This objection is very similar to the “we don’t have the money/budget”
objection.
The difference is we need to clarify what they mean by “it’s too expensive”
compared to what.
PROSPECT:
This is just too expensive for our company.
YOU:
How do you mean by it’s too expensive?
PROSPECT:
Well, another company I am looking at is 10%
cheaper for the same product.
Do you see how that works? The salesperson now knows what the
prospect means when they say it’s too expensive.
YOU:
When you say the same product, what do you mean?
PROSPECT:
Well it’s very similar to what you guys have.
YOU:
Are you familiar with the major difference between our XYZ product
compared to the ABC product you’re referring too?
PROSPECT:
Not really.
YOU:
Well it just depends on what you are looking for. Is the most
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important thing to you cost or how does that compare to you actually
getting results and being able to solve this problem though?
PROSPECT:
We want results for sure we just were wondering about the
difference.
YOU:
Well you tell me, which is more risky? Is it more risky to get the
10% extra funds together to solve the problem permanently and get you
where you guys want to be? Or is it more risky to go the cheap route, the
problem might not get solved, you guys stay in the status quo and the
situation gets even worse? Which is more risky?
Objection #17: I already have a coach/mentor!
This objection would really only come up if you sold some type of
coaching/training offer or if you sold some type of consulting.
First of all, let’s get behind what this objection actually means.
PROSPECT:
I’m already going through a coaching program with a
mentor now, so I should just finish this and then get back to you.
YOU:
Well I guess you could. And how long have you been going
through that program?
PROSPECT:
About 4 months now.
YOU:
What type of results are you getting from it?
PROSPECT:
Well it’s a decent program, I just need to finish it before
starting something else.
YOU:
You mentioned it was decent, what do you mean by that?
PROSPECT:
Well it’s a good program for what I paid for it.
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YOU:
Well what specific results have you gotten from it?
PROSPECT:
No results yet but still going through it.
YOU:
So help me understand, if you have been going through it for four
plus months and still gotten no results, how are you going to…
(repeat
back what they said they wanted)
if you just keep doing the same things?
PROSPECT:
I’m not sure I guess I haven’t thought about it
YOU:
Well do you want to keep going through programs for months
where you don’t get any results? Or would you rather change your
situation and start getting results now like our clients are?
Objection #18: I’ll get back to you or we will get
back to you.
This is a common objection you can get very early in a sales conversation
or at the end of sales call.
First of all, we need to make sure that we do NOT come across as
desperate and just agree to let them get back to us, or say something like
“Can I call you later today?”
and then you just randomly call them later.
Doing this lowers your status with a prospect as they start to view you as
just another salesperson trying to sell them something. And most of the
time when you do call back they will not answer and not return your calls
or have another excuse on why you need to call back later.
In this example, let’s say you called an outbound lead, and they say within
the first 30 seconds…
PROSPECT:
I don’t have time to talk, can I just get back to you later?
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YOU:
Possibly, I would have to look at my schedule to see if I could be
available for you.
What I can do if you have your calendar handy I can pull up mine that
way you can book a specific time with me. That way you don’t have to
chase me down and vice versa, would that help you?
Then you book a specific time later that day or the next. If you book a
time a week away the likelihood the prospect will remember and show up
is very low.
Now, why would I just not agree to let them randomly get back to me?
Because more than likely they won’t. It’s a fight or flight response they
gave when you called them. So at this point they are just trying to get rid
of you.
Realize when we come into any sales call or sales conversation no
matter what we sell, we must first establish what’s called a status frame.
Meaning when we enter that call, we must get the prospect to at least
view us at the same level as them as far as our status.
By the middle to end of that call/conversation, we must get them to view
us as having a higher status in that subject we are communicating.
That triggers them to view us as the Expert or the Trusted Authority that
can get them the results they are looking for, rather than viewing us as
just another salesperson trying to sell them something.
So when they say they will just get back to us later at the beginning of
a call or even if they say, “
Can you call me back later?”
, the way we
establish the right status frame is by simply acting detached from the
outcome.
When we say
“Well possibly, I would have to look at my calendar to see if
I would even be available for you.”
It starts to trigger in their mind that you
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are busy, you don’t need them, you have tons of clients. Therefore, you
might have something important to them.
Especially when we say…
“What I can do if you have your calendar
handy, I can pull up mine and have you book a specific time with me that
way you don’t have to chase me down and vice versa, would that help
you?”
That establishes a status frame where they start to view you much
differently.
All of a sudden you are suggesting they can book a specific
time that way they don’t have to chase you down.
It gets them to think you must be very successful if others are having to
chase you down just to get on a call about what you offer. So it must be
something important to them.
Now let’s say they give you this objection at the end of a sales call. If you
sold B2C and did a one call close it would be different than if you sold,
let’s say, B2B and were trying to set up, let’s say, a second call for a demo
or proposal or whatever your next step is in your sales process.
Let’s say you sold B2C in this example:
PROSPECT:
We really like this, what you offered, give us some time
and we will get back to you with an answer.
YOU:
That’s not a problem. What’s your timeframe on getting back to me
later today or tomorrow to see if I would be available for you?
PROSPECT:
Not sure we just need some time to think it over.
(Now you
are starting to get closer to what their actual objection is, but not quite
yet.)
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YOU:
Well what I can do is if you have your calendar handy I can pull out
mine and have you book a specific time with me, that way you don’t have
to chase me down and vice versa, would that help you?
At this point, you still do not know what their real concern is. When a
prospect says, give us some time and we will get back to you, or I need
some time to think about it, that is not an objection. The objection is
behind that response they are giving you.
If you don’t find out what the objection is, the likelihood of them getting
back to you is slim to none.
So you would treat this exactly like you would a
“I want to think it over”
objection, which as you already know is not really an objection at all.
So after you have booked a specific time with them for the next call, you
simply ask this question:
YOU:
Now before I go, what were you wanting to go over in your mind
(a better way of saying; “what do you want to think about”)
,
just so I
know what questions you might have when we talk tomorrow?
Now this is the key at this point, they are going to tell you what their real
concern is.
They might say,
“Well I’m just concerned about…”
or,
“I’m just not
understanding this part…”
or,
“I’m not sure if I can get the money
for this…”
Now would you rather know what their real concern is now when
you are on zoom with them, in person, or on the phone rather than
just knowing and hoping and praying they show up to the next
appointment.
And then you will be able to clarify their concern, ask a diffusing
question and then discuss it like two people who are trying to work
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out a solution together and most of the time close the sale on that
call.
Now in this example, let’s say, you sell B2B and you are trying to set up
a second call to do a demo of your product that you sell and you get the
same
“Let us get back to you.”
YOU:
Good first call, that really gives us a better understanding of your
company’s situation.
Really the next step would be, if it’s appropriate, is we would schedule
a demo with your team to go over how the XYZ product would actually
solve the problems
(repeat back the specific problems they brought up
from your questions)
and get you guys to where you want to go. Would
that help you?
PROSPECT:
Well I’m not quite sure we would have the time right now,
why don’t we just get back to you later?
YOU:
Yeah, that’s not a problem
(simple way to take out any sales
pressure).
What’s holding you back from exploring this further so you
can…
(repeat back what they said they wanted)?
PROSPECT:
Well we are not sure about
….(and here is where the real
concern comes out)
Now depending on what their concern is, depends on how you address it
at this point. You then clarify it, discuss it like two friends working together
for a solution and then you diffuse it, then book them for the second call
demo.
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Objection #19: I’m happy with my current
vendor/company.
Let’s say, early into a sales call your prospect says upfront, that they are
happy with who they are already using.
Just so you are aware this is a common knee jerk reaction from a
prospect to a salesperson so they can try to get rid of you.
The first thing we have to do is disarm them, and get them curious
enough to want to engage, and open up to us.
PROSPECT:
(early in the call)
Thanks for the call but we are pretty
happy with our current vendor/company.
YOU:
That’s not a problem. And just so you’re aware, I’m not quite sure
we could even help you yet. We would have to understand a bit more
about what you are using for XYZ, to see if we could even help you in the
first place, because maybe you’re better off staying with who you already
have.
For example, I should probably ask first who do you use for…
(and then
you will ask your first situation question, to find out what their current
situation looks like therefore starting a two way conversation)
?
So you start off by disarming the prospect by agreeing you might not be
able to help them which removes any sales resistance from the prospect
and causes them to be far more open in having a real conversation with
you instead of trying to get rid of you!
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Objection #20: I don’t know what I need to
improve.
This objection you might get if you sold B2B or some B2C sales such as
high ticket sales, etc.
Let’s say you ask them a problem awareness question around what they
are looking to change or improve about what they currently have and they
seem unsure.
PROSPECT:
I don’t know what I need to improve.
YOU:
Well if you really thought about it, what do you feel it would be?
This simple question forces their brain to think deeper about the question
you just asked. Notice how I asked
“What do you FEEL it would be?”
rather than, “
What do you THINK it would be?”
Now why would I make that shift? Because FEEL brings out the person’s
emotions. If I asked THINK, that just gets them thinking logically.
And as we already know from behavioral science, human beings make
buying decisions emotionally 100% of the time.
Objection #21: I don’t know if it will work for
what we do/for our industry.
Depending on what you sell, you might get this type of objection.
Once again, the first thing we want to do is clarify what they actually
mean so we understand the real concern.
PROSPECT:
I’m not sure this would actually work for us.
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YOU:
In what way?
or
How do you mean?
or
What wouldn’t work
specifically?
PROSPECT:
Well we’re not sure if it will be able to XYZ…
YOU:
Why do you feel it wouldn’t be able too, just so we understand?
PROSPECT:
(let them respond on why they feel it wouldn’t)
YOU:
If there was a way it could
(repeat back what they said it wouldn’t
do)
would you be open to looking at that, if we walked you through it?
For example, let’s say you sold medical device equipment and the doctor
said they were unsure the knee replacement would work as good as what
they were already using.
PROSPECT:
I’m not sure this model would work as good as the ABC
model we have been using.
YOU:
In what way?
or
Why do you feel, it wouldn’t work for your
patients?
PROSPECT:
Well we like the model because of…
YOU:
If there was a way that this XYZ model could do all of that but also
be able to cut your operative time by 50% so you could see more patients
would you be open to exploring that further with us?
Objection #22: There is no budget allocation left
for this year, maybe next year, call back then.
First of all, we have to understand, is this the real concern or are they just
saying this to you at the end of a sales call or your sales process to try
and get rid of you?
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This is more of a B2B concern you might get from a C-level executive or
other decision-makers in the company you have been speaking to.
PROSPECT:
We really like this but our budget allocation has already
been used for the year. We have the new budget coming out in another 5
months and let’s talk then.
Now, we ALL know that there’s a 99% chance that you will NOT hear from
this prospect in 5 months after they have a new budget. So many things
can change in that company even the very same decision-makers you
just talked to might no longer even be working there or moved to other
departments.
Besides, it’s not like the money is not there, it’s not that the money DOES
NOT exist. It’s just the priority of where that money is now being spent
that is important for you to understand.
If you have taken them through the NEPQ™ sales process and done your
job correctly they should view that it is far LESS risky for them to get the
funds together, pay for your product/service, solve their problems, and get
the results they want, rather than doing NOTHING at all, staying in the
status quo, nothing ever changes and the problems stay the same.
Which is more risky?
This should be handled very similarly to how you would handle any
money objection but with a bit of a few tweaks.
Here is the generic formula:
NEW MODEL SALESPERSON:
That’s not a problem.
..
Tell me, if
you did have the money/funding, would this be something that would
work for you?
If you have asked the right questions in the conversation they will
always say “Yes”. Did you notice how I paused there?
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PROSPECT:
Yeah, for sure.
NEW MODEL SALESPERSON:
Why do you feel it would
though?
(Did you see the skepticism?)
PROSPECT:
Well, we like ... but we just don’t have the money for
it.
NEW MODEL SALESPERSON:
I can appreciate that money
might be an issue for you. How do you think you can resolve that
where you can find the money so that you can …
(Here you just
plug in what they said they wanted
.)
You are tying in them getting the funding/money with having what
they said they wanted.
If they don’t get the funding/money then they can’t have what they
said they want.
Now, if they cannot come up with ways on how they can get the money,
you can ask them this question:
“What other avenues do you have to find the funding so that you can
...”
Once again, you are just filling in the second thing they said they wanted.
Here is an industry-specific example:
In this example, the salesperson is selling
leads to SMB companies
looking for a higher quality lead or more lead volume for their
salespeople.
“
Tell me … if you did have the funds, is this something that would
work for you?”
(They will always say “Yes!”)
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“Why though?”
(Notice the tone here, it’s like you’re a Hollywood actor - George
Clooney
)
Or if they say, “
I do BUT I just don’t have the money…”
You, the salesperson, will say,
“Money aside why do you feel it
would though?”
“Okay, so I can appreciate that money might be an issue for you.
How do you think you can resolve that where you can find funding
so you can get these higher quality leads to your sales team?”
(Let them come up with ways.)
If they cannot figure it out:
“
What other avenues do you have to find funding to get the leads to
start really scaling the company?”
If they still can’t come up with ways:
“So how will you keep your salespeople happy so they don’t leave
and get up to XYZ in revenue this year without having the higher
quality leads?”
“So you tell me is it more risky to get the funding from another
department, put it into the higher quality leads so your team makes
more sales now and hits their revenue quota? Or is it more risky to
do nothing at all, the next five months sales keep going down, and
you don’t reach your quota you have for the second straight year like
you mentioned? Which is more risky?”
If they still say they can’t find the funds, you can offer suggestions on
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what other clients do to get the funds if they didn’t have them.
“Can I make a suggestion?”
“What I can do is show you the avenues that our other clients use to
get the funding if they don’t have it themselves, and you will have to
see if you have those options if you’re wanting to
(repeat back what
they said they wanted)
get these higher quality leads so you guys hit
50 Million in revenue this year…”
After you go through the ways they find the funds, you simply ask - “
What
of those avenues do you have?”
Objection #23: I’m already speaking with
another company.
This objection will likely occur at the beginning of a cold call or could
happen on an outbound lead at the beginning of that conversation.
The main thing we have to understand is we first have to disarm that
prospect which triggers them to want to keep engaging rather than trying
to get rid of us.
PROSPECT:
We are already speaking with another company.
YOU:
Not a problem, that’s pretty normal, and just so you’re aware I’m
not sure we could even help you yet, we would have to understand more
about what you’re doing in XYZ area to see if we could even help you in
the first place.
If we can, we can continue the conversation, but if we can’t, we can just
hang up the phone or even recommend you to someone else who might
be able to help you better. Are you with me?
PROSPECT:
Yeah all good.
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YOU:
Could you walk me through what you guys are doing now with…
(Ask your first situation question.)
The point is, once you get them to lower their guard by disarming them by
simply saying,
“I’m not quite sure we could even help you.”
Objection #24: You’re more expensive than our
current vendor.
First, we need to clarify what they actually mean by this statement.
PROSPECT:
Our CEO said that you guys are more expensive than the
company we already use though.
YOU:
In what way?
PROSPECT:
Well we are paying $5k a month for them right now but you
quoted $5900 a month.
YOU:
Is cost the most important thing to your CEO, or actually getting
results and solving the problem though?
PROSPECT:
Well, for sure we want to get the results but we noticed
yours is more than who we already use.
YOU:
Yeah it just depends on what type of results you guys want. Do
you want the same results you’re getting now which you mentioned was
causing you to
(repeat back the consequences of the problem they have
that they mentioned)
or do you want to actually solve that so you can
(repeat back what they said they wanted)
?
For example, let’s say you sell medical device knee replacements …
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YOU:
Yeah it just depends on what type of results you guys want. Do
you want the same results you’re getting now which you mentioned was
causing you to overspend on operative time having to see the patient
over and over again post surgery? Or do you want to actually solve that
so you can eliminate all the follow ups and free up all that time to perform
more surgeries?
Objection #25: I’ll get back to you on this.
Let’s say after your presentation, you go in for the close, which we would
call asking commitment questions to get your prospect to commit and
take the next step to purchase your solution to solve their problems, but
then they say,
“This looks good, I’ll get back to you on this.”
First of all, if you accept this at face value and believe they will just call
you back you are going to lose a ton of sales. 99% of people who say this
will never call you back, it’s just a smokescreen objection to try and get rid
of you.
Something you said or didn’t ask them triggered them to have uncertainty
in what you are offering them, that either it won’t work for them, or they
don’t need it. There is no GAP from where they are now, compared to
where they want to be!
The first thing we want to do is disarm them so we learn what the real
objection is.
PROSPECT:
Thanks for the presentation, we are going to look over this
and will get back to you.
YOU:
That’s not a problem. What’s your timeframe for getting back to me
in the next few days to see if I would be available for you?
Now let’s dissect what I just did here. When I say,
“That’s not a problem”
,
in a sense I’m agreeing with them that they can get back to me, which
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helps reduce sales pressure. As we know if they start to feel pressured
many prospects close down emotionally and will never open up to you
about what their real concern is.
Now, also, when I asked,
“What’s your timeframe on getting back to me in
the next few days?”
I am narrowing down the decision here to the next few days. If we just let
it be, it could be weeks out, and by that point, the deal is for sure dead.
Now the last part here when I say,
“To see if I would be available for you
…”
This is what we call a “NEPQ™ status frame” which causes them to
view you differently. This guy/gal is busy with other clients, you don’t need
their business, you already have tons of clients. You are here to help
them solve their problems but there’s nothing you can do for them if they
stay in the status quo.
PROSPECT:
Well we could get to you later this week or something, I’ll
have to look at what I have going on.
YOU:
Well possibly. I’m not sure I would randomly be available. What
I can do if it helps you, is if you have your calendar handy I can pull up
mine and have you book a specific time with me that way you don’t have
to chase me down and vice versa, would that be appropriate?
This is called a NEPQ™ calendar commitment, which locks them in with
a specific time so it’s on the calendar, and positions you as the authority,
the trusted expert, who is busy with other clients, notice how I said,
“that
way you don’t have to chase me down …”
Now, after you have the specific time booked with them, we then want to
act like we are about to leave, or get off the call with them depending on if
you are in person, zoom, or on the phone with them.
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YOU:
Now before I go what was it that you wanted to go over in your
mind, just so I know what questions you will have when we talk on
Monday?
Notice how this is almost identical to the
“I want to think it over”
smokescreen objection and you should treat it the exact same way.
PROSPECT:
Well I need to go back to the board/my spouse/my CPA
and see if we can get the budget for this.
Now we know exactly what the real objection is, which is the money. And
we can clarify, discuss this, and diffuse using the standard “we don’t have
the money/budget” objection.
Objection #26: I want to make sure it’s the right
time for me to focus on this.
PROSPECT:
I want to make sure it’s the right time for me to really focus
on this.
YOU:
How do you mean?
PROSPECT:
Well I’m really busy with my... (kids/studies/work whatever
excuse they throw out)
YOU:
How much time do you think you would need to put into this just so
I understand?
PROSPECT:
Well it looks like from what you went over with me, that I
would have to put in at least 15-20 hours a week into this.
YOU:
Well I guess you could. Most of our clients just put in around 4-5
hours a week to get those types of results we talked about. Would that
help you?
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Most of the time you can resolve it simply because they thought they
would need to invest more time than they even needed.
Now the way I taught you to resolve this would only be for certain
industries and products and services.
Here is another way to resolve the same concern. In this example, let’s
say you sell “relationship or marriage coaching” which helps couples not
split up and have a great marriage/relationship …
PROSPECT:
I want to make sure it’s the right time for me to really focus
on this.
YOU:
How do you mean?
PROSPECT:
Well I’m really busy with my work right now.
YOU:
That’s not a problem. Can I make a suggestion?
PROSPECT:
Sure.
YOU:
How will you be able to repair your relationship with your spouse if
you don’t take the necessary time to learn how to dissolve conflicts and
start connecting again?
PROSPECT:
Well I don’t know I guess I’ll have to figure something out.
YOU:
Are you willing to settle for that?
(softly challenge them)
PROSPECT:
Well I guess if I had to, I wouldn’t have a choice.
YOU:
Whose choice is it if you settle or not?
PROSPECT:
Well I guess it would be my choice.
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YOU:
Well you tell me which is more risky for you and your spouse. You
getting the funds and dedicating the time over the next 90 days to learn
once and for all how to heal your relationship, so you feel connected once
again, and your marriage thrives for you, him, and your children?
Or is it more risky for you to do nothing at all, stay in the status quo, the
problems of fighting, lack of intimacy, and the lack of connection stay the
same, nothing ever changes and you end up getting a divorce from him?
Which is more risky for you and your family?
(They will always say it’s more risky if they don’t do anything at this point.)
PROSPECT:
Yeah that’s so right.
YOU:
Do you want to change all of that and have the marriage you
wanted when you first got married?
PROSPECT:
Yes, I want that so bad.
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Objection #27: I just have way too many things
going on, can you give me a call back later?
Let’s say you call an outbound lead who has responded to some type
of ad requesting more information and you are calling back. Prospect
answers and says …
PROSPECT:
Hey thanks for calling but I’m wrapped up at work right
now, can you call me back later?
YOU:
Well possibly. What I can do is give you my number and have you
call me back later today, would that help you?
PROSPECT:
Sure.
YOU:
Okay my number is 816-896-4498, not what’s your timeframe on
calling me back later today just to see if I would be available for you?
Now, why would I not just ask the prospect when they want me to call and
call back at that time? Because it makes you look desperate, attached,
just another salesperson trying to sell them something. Notice how when
they tell you to call back late at night or even during the day how 90% of
the time they don’t answer. Then you leave a voicemail, and email and
they never respond back.
Do you know why? Because they were just trying to get rid of you
because of something you said or didn’t ask them at the beginning of that
call that triggered them to go into fight or flight mode and try to get rid of
you.
PROSPECT:
I could call you later today at 4 probably.
YOU:
I should be available then. If I don’t answer, can you just text me
and I’ll have to see when I can get back to you? Would that work?
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Now more than likely the prospect is not going to call you back at 4. So
you wait a few minutes after four, to make sure you don’t look desperate,
and then you call and say this;
YOU:
Hey Jennifer, it’s just __________ I’m a bit behind schedule was
just with another client, okay so it looks like you responded to an ad on
Facebook about …
(then go into your first connecting question to take the
focus off of you and put it on them).
Here is another way to overcome this objection it’s called a NEPQ™
calendar commitment.
PROSPECT:
Hey thanks for calling but I’m wrapped up at work right
now, can you call me back later?
YOU:
Well possibly, I would have to look. What I could do if it helps is if
you have your calendar handy I can pull up mine and have you book a
specific time with me later today so you don’t have to chase me down and
vice versa, would that be appropriate?
Then you book a specific time with them. Notice how you have built an
equal status frame with them when you say
“that way you don’t have to
chase me down”.
That one phrase frames you as someone who is an
expert, a trusted authority who has lots of other clients. You don’t need
them. You’re detached, calling to see if you can help them.
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Objection #28: What’s different about your
company compared to others out there that do
similar things to you?
Typically, if you get this objection, or I would call it a question it’s usually
going to be thrown at you at the beginning of a sales call or conversation.
PROSPECT:
What’s different about your company compared to others
out there who have similar services?
YOU:
Well maybe nothing…
(pause 3 seconds)
And just so you are
aware I’m not quite sure we could even help you yet, we’d have to
understand more what you have in place now as far as XYZ, compared
to what you might be looking for, to see what that GAP looks like. For
example, what do you currently use for ABC area?
The first thing we have to do is DISARM the prospect so they are open to
what we offer.
Now, what do most salespeople do when the prospect asks them this
question?
They go off how they have the best this, the best that, and start talking
about all the amazing features and benefits that they believe are better
than their competitors.
But what’s the major problem with this? Well, your prospects hear the
same thing from your competitors and every other salesperson who
has ever tried to sell them something, so you all sound the same. And
because of that you get commoditized with everyone else, where they
view you as just another salesperson trying to shove your solution down
their throat.
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Objection #29: Can you give me a better price,
we had another quote that was cheaper.
This could be an objection you get at the end of your presentation or
proposal where they are negotiating you on price.
This is easy to diffuse with the right NEPQ™ Diffusing questions
PROSPECT:
Can you give us a better price on this?
YOU:
How do you mean?
or
What’s behind that question just so I
understand?
PROSPECT:
Well XYZ company gave us a quote that’s cheaper than
yours.
YOU:
What quote did they give you, and for what, just so I understand?
Can you go over their proposal with me in detail?
You want to ask this last question because sometimes the prospect can
just be making stuff up, or they can get a quote but it’s for a service/
problem that is far different than what you are offering and you know it
won’t actually solve the problem.
YOU:
Well it just depends on what kind of results you want. Is price the
most important thing to you or actually solving the problem and getting
the results you want?
PROSPECT:
Well we have to have results but if we could get a better
price that’s important too.
YOU:
Can I make a suggestion?
PROSPECT:
Sure go ahead.
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YOU:
What they quoted you is for XYZ, which does ABC. Now we could
give you the same exact quote for that as well, but like I mentioned it
depends on the results you want.
(Let’s say you sold windows in this example …)
We could install these cheaper XYZ brand windows they quoted you, you
would just end up having to replace them in the next 5-7 years once they
start wearing down and your utility bills would stay about the same.
We could also put in a mid-range window that would last a bit longer
maybe 10-12 yrs and we cut your utilities down probably by ____%
or we
could completely solve the problem and put in the ABC windows which
are going to last the next 20 years and cut down your utility bill like you
mentioned around ___%.
So the question is which is more risky? Is it more risky to get the extra
funds to put in for the windows that are going to last the longest, increase
the value of your home, and cut your utility bill probably by ____%?
Or, is it more risky to put in the cheap windows, the utilities stay about the
same, the cold air keeps coming in at night in your daughter’s room, and
you end up replacing them again soon? Which is more risky?
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Objection #30: I want to compare prices with
another vendor.
Here, once again, we need to disarm the prospect instead of throwing
out some rebuttal which will more than likely trigger sales resistance and
hope and pray they buy from us.
Typically, you would get this objection after your presentation or proposal.
PROSPECT:
We have another company coming in tomorrow and want
to compare prices with this vendor as well.
YOU:
That’s not a problem. So let’s say this other company coming in
tomorrow meets your criteria, including the price. How would you then
decide what to do?
PROSPECT:
Well at that point it would come down to…
(and then they
will tell you their hot button, that you will need to understand to be able to
make sure you close this sale)
This question helps you find out the key things you will need in your sales
process to help this prospect move forward with your solution, especially
if you know they are also meeting with your competitors. I can almost
guarantee you that the other salespeople competing for this account will
not ask this question and will not know the one or two things that this
prospect will tell you to push this over to your advantage.
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Objection #31: I don’t need the product/service.
Once again, the first thing we have to focus on is disarming the prospect
to get them to open up and engage with us rather than trying to shut us
down and get rid of us.
This type of objection would usually be towards the beginning of the
conversation.
PROSPECT:
We don’t really need this right now, we already have …
YOU:
That’s not a problem. And just so you’re aware, I’m not quite sure
we could even help you yet, we would have to understand a bit about
what you have in place for XYZ now just to see if we can help.
Now if we can’t, we can just end the call/conversation, or we could even
recommend someone else who might be able to help you more.
Are you with me?
PROSPECT:
Okay, that makes sense.
YOU:
I guess we would need to understand what you have now for …
Objection #32: I saw some negative reviews
about your company online.
First, we need to find out what they actually mean, how many did they
actually see, etc. This objection can be easily diffused once you ask a few
questions that help them answer it themselves.
PROSPECT:
We were doing some research over the weekend and saw
your company has some bad reviews.
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YOU:
How do you mean by bad reviews?
PROSPECT:
Well there were some people saying some bad things
about your company.
YOU:
Were these actual clients or just some negative people online?
PROSPECT:
Well I think some were clients, but not quite sure if they all
were.
YOU:
Now when you say you saw negative reviews how many did you
actually see?
PROSPECT:
Well not quite sure, but there were probably 10-15 or so we
saw.
YOU:
S
o you saw around 10-15 negative reviews? So we have about
5000 clients now, so if ten clients out of 5000 said we were bad that
would be about .02%, so that would be one fifth of one percent that were
complaining, while our other clients 99.8% have great experiences and
get results.
So if we have a 99.8% success rate what would that possibly mean about
us getting our clients results?
PROSPECT:
Well yeah it sounds like you guys do great things.
YOU:
Well our clients would say that for sure, but can I make a sugges-
tion to you?
PROSPECT:
Sure thing.
YOU:
Have you ever considered that no matter how great you do for cli-
ents, there will be some that will not do what they are supposed to do on
their end and then who do they usually blame that on?
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PROSPECT:
Well yeah they blame the company, I mean we have clients
like that complain so thanks for clearing that up with us.
Objection #33: I can get the same thing
somewhere else.
First of all, do you know what they actually mean when a prospect says
this to you? Probably not. So we need to clarify first and disarm them so
they want to engage.
Most of the time this objection is usually triggered by something you said
or didn’t ask in the beginning of the conversation and they are just trying
to get rid of you. They have gone into fight or flight mode.
PROSPECT:
I can get the same thing somewhere else.
YOU:
Yeah, you could and just so you’re aware I’m not quite sure we
could even help you yet, we’d have to understand more about what you
use for XYZ, just to see if we could even help you in the first place and if
we can’t we can just hang up the phone, or if you find that we can, possi
-
bly, we can continue the conversation if you’d like.You with me on that?
PROSPECT:
Yeah sure.
YOU:
Okay I should probably start off asking you about …
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Objection #34: If I buy this, I could lose my job.
This objection you would really only get if you were in some type of B2B
sales environment and you are selling to C-level executives who are con
-
cerned they will lose their job if they make a wrong buying decision with
your solution.
PROSPECT:
You know if I buy this I could lose my job.
YOU:
How do you mean?
PROSPECT:
Well if we get involved with you and for some reason it
doesn’t work out, I could get fired.
YOU:
Can I ask, has something happened in the past where you pur-
chased something and it didn’t work out and your boss got upset at you?
PROSPECT:
Yes about six months ago we got into a year contract with
this company who does XYZ and I was the major cheerleader on that and
the company didn’t fulfill anything they said they could do and the compa
-
ny had to do a buyout of that contract and everyone blamed me.
You:
Okay that makes more sense then. Tell me what specific parts of the
_________ product/service/proposal we just went over do you feel might
not work for you?
PROSPECT:
Well we like everything but your IT guy said that …
(Now at this point they are going to tell you the real concern they have
and you want to discuss that and diffuse that and then after you have
done that come back around to the original objection and ask the next
question …)
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YOU:
So if we are able to come in and fix __________
(repeat back their
problems)
so that you can __________
(repeat back the desired results
the company wants)
how do you see this helping you the most as far as
how your boss starts to view you?
Objection #35: Not interested.
This is another knee jerk reaction some prospects will give you at the be-
ginning of a cold call for B2C or B2B, or even if you call an outbound lead.
It’s comparable to you walking into a retail store to shop for clothes, and
the salesperson says,
“How can I help you?”
and you say,
“Just looking.”
It’s just a triggered response from what you are saying at the beginning of
that conversation that causes them to go into fight or flight mode where
they try to get rid of you.
PROSPECT:
I’m not interested.
YOU:
Oh I apologize, I didn’t mean to offend you and just so you know
I’m not quite sure we could even help you yet, we’d have to understand
more about what you use for XYZ, just to see if we could even help you
in the first place and if we can’t we can just end the call, or if you find that
we can, possibly, we can continue the conversation if you’d like.You with
me on that?
PROSPECT:
Yeah sure.
YOU:
Okay I should probably start off asking you about …
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Objection #36: I make the decisions around
here, we don’t need to talk to anyone else in the
company.
This objection will come up quite a bit in B2B sales if you don’t under
-
stand what questions to ask to navigate through the company’s deci
-
sion-making process and pull in other influencers and decision-makers.
According to a recent article in Forbes, the average company in the Unit
-
ed States has 6.7 decision-makers and or influencers.
You must know how to get every single decision-maker or even someone
who cannot make the decision but who can influence the decision-makers
onboard with what you are offering, otherwise, you have no control over
the outcome of the deal.
So what do you do in case a C-level executive says that you don’t need to
talk to anyone else and they can make the decision themselves?
Realize this is a trap and nine times out of ten they can’t make the deci
-
sion themselves but are either fishing for more information to take back
to their bosses so they can try to negotiate with their current vendors and
get a better deal or are trying to look good to you but have zero authority
to buy at the end of the day.
YOU:
Besides you, who are the other decision-makers on something like
this?
(Next time ask it in this way -
Can you walk me through your company’s
decision-making process when it comes to solving problems like this?
)
PROSPECT:
I make the decisions around here, no reason for anyone
else to be involved.
YOU:
Oh I wasn’t questioning if you could make a decision for the com-
pany, what I’m asking is who else would be involved as far as implement-
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ing this/using this/invoicing this/subscribing to this/understanding how this
would solve XYZ problem?
(Depending on what you sell you just plug in one of these.)
In this example, let’s say you sell some type of software that has to be
installed or set up with IT and they have to learn how to use it.
PROSPECT:
Well, we would have to get Jim involved. He is our CTO so
he understands how it would work for his people, etc.
YOU:
Besides Jim though, who else would be impacted by your company
switching from XYZ company over to us?
PROSPECT:
Well our COO would need to have an understanding as
she helps with …
YOU:
Okay that makes sense. Would it help you if we booked a time lat-
er in the week to run through this with your CTO and COO to make sure
they are on the same page and go through questions they will have?
PROSPECT:
Yeah we could do that, it would be helpful.
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Objection #37: I’m worried this might not work
out.
PROSPECT:
I’m worried this might not work out.
YOU:
What would prevent it from working out if it’s working for all of our
other clients though?
(Notice how I’m seeding that it’s working for our oth
-
er clients here, which shows stability, and shows you get results for your
clients.)
PROSPECT:
Well I’m worried that XYZ might not work for…
(And now
they tell you what they feel wouldn’t work, which could be a multitude of
different things depending on what you sell.)
In this example, let’s say you sell a training program that teaches people
how to start an e-commerce business where they can make more money
and have more time.
PROSPECT:
I’m worried this might not work out.
YOU:
What would prevent it from working out if it’s working for all of our
other clients?
PROSPECT:
Well I bought something like this a few years ago and they
made all these promises but never came through in the end, and I lost a
bunch of money.
YOU:
Oh that’s no bueno, what type of training program did you actually
go through?
PROSPECT:
It was the ABC program with Tom Smith.
YOU:
Oh okay yeah I’ve heard of that. I think I’ve seen some of their ad-
vertisements on Facebook and saw a few testimonials. Were there other
people having success using that?
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PROSPECT:
Well I think, I mean I read several testimonials when I was
looking at it.
YOU:
So if others were having success, what do you think held you back
from having the same results?
PROSPECT:
Well I know others were doing well with it, but I just didn’t
feel that when I had questions I could get a hold of someone who could
help me, and at the same time I just had our second child and life got re-
ally busy.
YOU:
Okay so they weren’t really giving you the hands-on help, so the
hands-on help is the most important to you then?
PROSPECT:
Yes for sure.
YOU:
You also mentioned that at the same time you had your second
child and life got too busy. So why look at changing your situation now,
because I’m assuming you are still busy, so why now rather than just
pushing this down the road like unsuccessful people would?
PROSPECT:
Oh no we have to do something now, it’s gotten to that
point.
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Objection #38: What’s different about your
company compared to others out there that do
similar things to you?
This is an objection you might get at the beginning of a meeting with a
board, or beginning of an appointment with any type of prospect where
they just bluntly come right out and ask you this early on in the conversa
-
tion.
When this happens you want to remain calm, collective, and you want to
disarm them where they start to pull you in.
NEVER NEVER
do what most salespeople do and start saying some
-
thing like this, “
Well the reason why we are different is we have been in
business now for _____. We have the best customer service, we have
the best owners, we have the best product because of XYZ, and we have
the best service, we have the best this, we have the best that, Blah, blah,
blah, blah!!!”
This will only trigger more sales resistance from your prospects. Now why
is that? It’s because EVERY single salesperson says they have the best
product or service right? How many say they have the 5th best product in
the market? NO ONE!
So when salespeople say they have the best, or talk down about their
competition, it actually causes your prospect to trust you less because
they are used to every salesperson saying the same thing.
So we want to disarm them here to get them to open up and start pulling
us in
PROSPECT:
So what’s different about your company compared to oth-
ers who do the same thing?
YOU:
Well… maybe nothing (pause 2-3 seconds here, it’s important),
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and just so you know I’m not quite sure we could even help yet, we would
have to understand more about what you’re doing now with XYZ to see if
we could even help you in the first place because you might be better off
going with someone else. Are you with me on that?
PROSPECT:
(totally disarmed and stunned because they were not ex
-
pecting that)
Yeah we would like to see what you are offering.
YOU:
For sure, we would first need to better understand what you have
now for _______, can you walk me through that?
(And now you’re going
to ask your first situation question.)
Objection #39: Can you give me any guarantees?
This objection can come up in several different industries depending on
what you sell.
PROSPECT:
What type of guarantee do we have with this?
YOU:
Yeah we can cover that, tell me what’s behind that question just so
I understand?
You ask this question because you want to find out why they are even
asking in the first place. Did they get burned by another company in the
past that couldn’t fulfill what they said they could do? There are so many
reasons why they might ask this question, so instead of just answering it,
and saying,
“Yes we have a guarantee and the way it works is…”
First, you need to understand what’s behind that question, where is it
coming from, and a lot of times when you ask that question the prospect
will release their frustration from the past and will feel relieved and not
even care about any guarantee.
Let’s give you an example of how this might look that’s industry-specific.
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In this scenario, the salesperson and potential customer are meeting for
the first time and the prospect is looking to stock a popular line of con
-
sumer goods in a grocery store for example
PROSPECT:
What’s your company’s guarantee on returns?
YOU:
Yeah we can cover that, tell me what’s behind that question just so
I understand?
Let’s go back to look at the actual question that was asked ...
“What’s
your company’s guarantee with regards to returns?”
To the salesperson,
this means that the retailer wants to buy merchandise without the risk of it
not selling. But the issue is, the prospect’s true intentions were not speci
-
fied in his question.
The potential customer’s question doesn’t even specify what kind of re
-
turns, or what circumstances there might be.
PROSPECT:
Yeah, we got stuck with an inventory of torn labels and
damaged products about 6 months ago, and we lost tens of thousands
from that. We just couldn’t risk doing something like that again.
NEW MODEL SALESPERSON:
That makes sense. Can you tell me
more about what happened?
PROSPECT:
Yeah, we had tons of torn labels, and about 15% of the in-
ventory was damaged when we got it, it was a huge loss for the company,
and ...
NEW MODEL SALESPERSON:
Okay, so you’re asking about damage
to the product itself and the packaging? So if the label or product is
damaged in any way, what we can do is ...
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Notice the sequence of this conversation:
1. The prospect asks a question. The salesperson asks for more
information by saying,
“I’m curious, did you ask me that for a reason?”
or even better ask
, “Yeah we can cover that, tell me what’s behind that
question just so I understand?”
.
2. The prospect then provides more details as to WHY they asked the
question/objection.
3. The salesperson gets feedback about the customer’s statement and
offers a solution.
Let’s say, you sold a real estate training course and the prospect asks you
for a guarantee. It would be a bit different, let’s take a look.
PROSPECT:
What’s my guarantee that this will work?
YOU:
Yeah we can go over that, tell me, what’s behind that question just
so I understand?
PROSPECT:
Well I bought a real estate course several years ago but I
never made any money from it.
YOU:
What course did you actually buy?
PROSPECT:
It was the XY …
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Objection #40: I’ve never done this before, that’s
more money than I’ve ever spent.
This is an objection you might get quite a bit if you sold in the high ticket
industry.
In this example, let’s say you sold a trading software that
teaches you how to successfully trade and make money at it.
PROSPECT:
I’ve never done this before, that’s more money than I’ve
ever spent.
YOU:
How do you mean exactly?
PROSPECT:
Well it seems like this is going to cost me a lot of money.
YOU:
Well I’m assuming you understand when you want to acquire the
right skillsets to be able to make money trading it’s going to require capital
or credit to put into that so you can make a lot of money and really mini-
mize the risk right?
YOU:
How much funding do you think most people put into acquiring
those types of skills so they can make that type of money where they can
actually leave their jobs and become full-time traders? How much do you
think most invest
?
PROSPECT:
Well I’m not sure.
YOU:
Typically, it’s tens of thousands of dollars and years of their lives
trying to learn that. So when people see all they have to put into the trad-
ing software and us training them how to use it that it’s only $21,000 com-
pared to the amount of money they make from learning those skills they
feel they are stealing it from us.
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I mean you tell me is it more risky to get the funding together put it into
the trading software, we train you and you get up to ________ a year like
you mentioned?
OR
Is it more risky for you to do nothing at all, stay in the status quo, your
financial problems stay the same and nothing ever changes?
Which is more risky?
If they still cannot overcome this concern at that point, then you go into
the standard, “We don’t have the money objection” found in the training
here.
Objection #41: We are still “price shopping”.
PROSPECT:
We are still price shopping.
YOU:
How do you mean by price shopping?
PROSPECT:
Well we are just looking for the best price with the budget
we have.
YOU:
So is price the most important thing to you, or actually getting re-
sults and solving the problem?
PROSPECT:
What do you mean by that?
In this example, let’s say you sold commercial windows …
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YOU:
Well I’m asking because we could always just lower the price but
it depends on the results you actually want to get. Are you looking for like
the cheapest windows that would probably have to be replaced every 5-7
years or so, and your utility bill would be about the same because the
cold air would still seep in, or are you looking for more of a mid-range win-
dow that’s going to last about 12-15 years and your utility bill will probably
drop around 20%, or are you looking for the top of the line window that’s
going to last 20-25 years and your utility bills go down 30-40% a month?
Which is actually cheaper once you break it down long term?
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Objection #42: I want to speak to other
companies first.
Let’s say you get this objection at the end of your sales process when you
are trying to close. The point here is, do you actually know what their real
concern is? Because if they loved everything you had to offer, had 100%
certainty it would solve their problems, and get them where they want to
be, then they would never say this to you.
So we have to understand they have a concern behind this statement that
we need to find out and then address and diffuse
PROSPECT:
This is really good and we appreciate you coming over but
we want to speak with other companies first.
YOU:
Yeah that’s not a problem. What are you hoping these companies
will say to you?
PROSPECT:
Well we just want to compare prices and things like that?
YOU:
How do you mean ‘things like that’?
PROSPECT:
Well we just want to compare what each company does
and see all the prices.
YOU:
So let’s suppose you meet with all these different companies, you
put in all that work, and we all meet your criteria including the price. How
would you then decide what to do?
(Now here is where you find out what they really are looking for or what
the real concern is once you ask this question.)
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PROSPECT:
Well at that point we would be looking at who can …
And then they tell you the one thing, the one thing that pulls them over the
edge. Now you know exactly what that one thing is, and your competitors
would have no clue because they wouldn’t even know how to ask that
question or be able to get the prospect to tell them. Now you have the
advantage.
Sometimes right here they will even bring up a valid concern or a logisti
-
cal concern. Let’s say if you sold farm equipment, they might say,
“Well at
that point we would want to know who can best do XYZ.”
Now you know
what their concern is, you address it, diffuse it and they buy on the spot.
Objection #43: I never make rash decisions.
This is very similar to the “I want to think it over” objection from a pros-
pect.
Meaning it’s not the real objection. No one goes and thinks about a
buying decision for weeks on end. Something you said or did not ask in
that sales conversation or process triggered them to have uncertainty that
your company could get them the results they want.
PROSPECT:
I never make rash decisions on the spot.
YOU:
What do you mean by a rash decision?
PROSPECT:
Well I just need time to think about this.
YOU:
That’s not a problem.
What’s your timeframe on getting back to me
in the next day or two just to see if I would be available for you?
Now, why on earth would I not try to overcome that objection right here?
Why would I try to set up a second call?
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Because it takes the sales pressure right out of the conversation. It
disarms
the prospect and causes them to let their guard down. Remem
-
ber the whole point is to get them to open up about what’s behind them
saying,
“I never make rash decisions like this.”
It also positions you as busy with other clients you don’t need the sale.
You’re detached.
It disarms them where they become more open…
PROSPECT:
I guess I could call you in a few days
(you need a sched
-
uled time, no waffling)
SALESPERSON:
Well possibly
,
I’m not sure I’d be available random-
ly like that
,
what I can do if you have your calendar handy, I can pull up
mine and have you book a specific time with me, that way you don’t have
to chase me down and vice versa, would that be appropriate?
(This is called a calendar commitment, works every time, and shows that
you are not desperate, you are busy, you have tons of clients you are
helping solve problems.)
Now after you book the appointment, you ask this:
SALESPERSON:
Now before I go, what were you wanting to go over
in your mind
(a better way of saying, “What do you want to think
about?”)
, just so I know what questions you might have when we talk
tomorrow?
Now this is the key at this point, they are going to tell you what their
real concern is.
They might say,
“Well I’m just concerned about…”
or
“I’m just not
understanding this part…”
or
“I’m not sure if I can get the money for
this…”
Now would you rather know what their real concern is now when
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you are on zoom with them, in person, or on the phone rather than
not knowing and hoping and praying they show up to the next ap-
pointment?
And then you will be able to clarify their concern, ask a diffusing
question and then discuss it like two people who are trying to work
out a solution together and most of the time close the sale on that
call.
Now let’s say at the end of all that you try and resolve their concern but
they still come back around and say:
PROSPECT:
Well this sounds good but I still just do not make rash deci-
sions.
YOU:
Well you tell me is it more risky for you to get the funds together so
that you can…
(repeat back what they said they wanted)
Or
Is it more risky for you to do nothing at all, stay in the status quo, prob-
lems stay the same (repeat back what the main problem was they told
you)
and nothing ever changes?
Which is more risky?
Objection #44: We already use vendor X, why
should we go with you?
This objection usually happens towards the beginning of a sales call, es
-
pecially cold calling. It also comes up sometimes if you are presenting to
a board, and someone on the board straight up asks you this question
within the first few minutes.
How you react to this will determine if the prospect opens up, or emotion
-
ally shuts down.
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Remember it’s all about disarming the prospect to get them to let their
guard down and open up.
PROSPECT:
Why should we go with you, we already have a company
who does that for us?
YOU:
Well I’m not quite sure that you should yet…
(pause 2-3 seconds)
we’d have to understand more about what you’re currently using in XYZ
area, compared to where you want to be, to see what that GAP looks like,
just to see if we could even help because you might be better off staying
with who you already have. Are you with me on that?
Now watch how the prospect immediately lets their guard down. You have
admitted that you might not even be able to help them because you don’t
know anything about their situation. When you give prospects the impres-
sion that you are there for them, they start to view you much differently
than anyone else trying to sell them something.
They will start to view you as the Expert, the Trusted Authority who’s go
-
ing to get them the results they want.
PROSPECT:
Yeah that makes sense.
YOU:
Can you walk me through what you’re currently using for…
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Objection #45: I don’t want to go into debt.
This objection you will see primarily in the high ticket industry with busi
-
ness opportunity, and/or coaching, and course sales. High ticket of any
-
where between $5k-$100k offers. We train a lot of companies in this
space as well. So let’s address this industry-specific so you can see how
it works.
Once again depending on what you sell you can adapt this to your indus
-
try too, just a few small tweaks will be needed.
In this example, let’s say you sell affiliate marketing courses that train
people on how to make money online and become a full-time internet
marketer. The two biggest problems people have for this industry are they
want to make more money and they want to have more time, so they are
looking to start their own business.
PROSPECT:
We really like this but will have to wait until we have the full
amount. We just don’t want to go into any debt.
YOU:
Can I make a suggestion on this topic?
PROSPECT:
Sure go ahead.
YOU:
I’m a big Dave Ramsey fan, and he talks about how there are two
types of debt. There is consumer debt, and then there is business debt.
Are you familiar with what the difference is?
PROSPECT:
Well not really.
YOU:
Consumer debt is where you take your credit card, you go to the
mall, you buy a new pair of shoes, you buy new clothes, you go buy a
flat-screen jumbo TV, you buy some cool headphones, you buy that fancy
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new car. How many of those things make you money?
PROSPECT:
Well none of them.
YOU:
Exactly, they just take your money, that’s considered by Dave
Ramsey and other debt experts as bad dead.
YOU:
Now good debt according to business owners and investors is tak-
ing capital, a loan, credit and injecting it into the business so it can start,
and grow and make you a lot more money. Do you see the difference?
Because without the capital or using credit putting it in, how would you
ever be able to start your own business so you can make more money
and be able to get out of your job so you have time to be with your family?
(This is a NEPQ™ consequence question.)
Objection #46: I don’t want to commit to
anything.
This objection you really could get in any industry. It’s not one of the top
3-4 you will always get but you will get it here and there so let’s address it.
PROSPECT:
I don’t want to commit to anything right now.
YOU:
How do you mean?
It’s very important to first clarify so you really understand what they mean
by this statement, and most importantly understand what their real con
-
cern is. Saying I don’t want to commit to anything is not a real objection.
There was something you said or did not ask that is causing uncertainty
in their mind and triggering them to say this to you.
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So let’s find out what that is.
In this example, let’s say you sell recruiting software and services to help
companies recruit good-quality truck drivers to fill their trucks and deliver
goods.
PROSPECT:
Well we just want to wait and see what happens.
YOU:
That’s not a problem. Can I ask you something though?
PROSPECT:
Sure go ahead.
YOU:
How would I be able to communicate to you that you might be
making the wrong decision without you getting upset with me?
PROSPECT:
Oh I wouldn’t get upset, what did you have in mind?
YOU:
You had mentioned that you wanted to fill 5-10 new trucks a month
but you are having a hard time finding stable drivers which has caused
you guys to miss out on loads that are going to your competitors which
you mentioned was costing you around XYZ dollars every month.
So is it more risky for you to get the funds together to solve this issue, be
able to hire 5-10 high-quality drivers every month and all those loads start
going to your company instead of your competitors?
Or
Is it more risky for you guys to do nothing at all, the problems stay the
same, you keep losing all those loads every month and the company rev-
enue keeps stagnating like you said?
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Which is more risky?
Objection #47: I need to ask my mom/brother/
financial advisor/uncle who lives in a van down
by the river.
LOL! In all seriousness, though, you will have people especially if you are
in more of a B2C (business to consumer) sales environment that will give
you this objection.
The key here is understanding that this is a triggered reaction from some
-
thing you said or did not ask that has caused them to have uncertainty or
fear that it will not work out for them, or they are worried they don’t have
the money for it, so they are seeking validation from another source on
what they should do.
PROSPECT:
I really like this but I think I need to talk to my mom and
see what she thinks.
Or,
I really like this but I think I should talk to my fi
-
nancial advisor and see what she thinks I should do.
In this example, let’s say you sell solar which lowers people’s power bills
and after 25 years they don’t even pay anymore. It’s like owning your own
home and getting the loan paid off in 25 years compared to renting your
home for the rest of your life.
YOU:
Yeah that’s not a problem. How does your mom feel about you
putting solar in so you can save money on your utilities every month and
eventually not even have a bill anymore?
(See how I am tying in them purchasing what I am offering with what the
prospect wants which is to save money on the bill and eventually not
have a bill anymore?)
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PROSPECT:
Well I think she would want me to do it.
YOU:
But what happens if you go to her and she doesn’t want you to put
solar in. Your electricity bill keeps going up 5-6% every year, and you end
up paying it for the rest of your life?
PROSPECT:
Well I really value her opinion.
YOU:
Does she have solar installed for her home?
PROSPECT:
No she doesn’t.
YOU:
Does she want to keep having to pay her utility bills that keep go-
ing up 5-6% a year?
PROSPECT:
Well of course not she wouldn’t want to keep paying higher
bills.
YOU:
So if she doesn’t want to keep paying her high utility bills why
would she want her own daughter to have to keep paying them?
PROSPECT:
Yeah makes sense. I don’t see why should we want me to
have to keep paying those forever.
YOU:
Do you feel this could be the answer for you?
You just helped her diffuse that objection then you simply ask a commit
-
ment question (AKA closing) and you wrap the sale up!
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Objection #48: Is this a scam?
This is an objection you will see a lot of if you sell anything that has to do
with making money on the Internet, network marketing, and/or business
opportunities.
In this example, let’s say you sell a network marketing opportunity. So
you have to recruit people and get them to buy your company’s products
if you want to really succeed in that industry. The problems you solve for
people are helping them start a business with a low upfront cost and low
overhead. Helps them make more money and have more time with their
family, etc.
PROSPECT:
My friend at church said this is a scam.
YOU:
How do you mean?
PROSPECT:
Well she said that she tried one of these things before and
she didn’t make any money.
YOU:
What did she actually try just so I understand?
PROSPECT:
She joined some MLM named __________.
YOU:
Oh yeah I have heard of that company, seems like they have thou-
sands involved so there must be a ton that are successful for them to be
that big of a company. What do you think held your friend back from hav-
ing success if there were others getting results?
PROSPECT:
Well I am not sure why she didn’t do well I would have to
ask her.
YOU:
Is your friend extremely wealthy as well?
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PROSPECT:
Oh no, not at all, I would say middle class probably at best.
YOU:
Can I make a suggestion?
PROSPECT:
Sure go ahead.
YOU:
Have you ever considered that if you take financial advice from
people who have no experience running a business and are not wealthy
themselves that it might prevent you from starting your own business and
having financial freedom in your life?
PROSPECT:
Well I’ve never thought about that in that way, I see where
you are coming from.
YOU:
Well you tell me are you going to be more successful in busi-
ness taking advice from your friend or someone who is not successful or
wealthy themselves?
Or taking advice from someone who is successfully running the same
business you’re wanting to get involved with and making __________of
dollars a year?
Which person is going to help you make the most money?
PROSPECT:
Well of course I would be way more successful taking ad-
vice from a successful person.
YOU:
Yeah I mean that’s like taking advice from a friend who’s been di-
vorced four times on what you should do in your relationship? How suc-
cessful would you be?
PROSPECT:
Hahaha that’s so true…
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Objection #49: I just have this fear that it won’t
work out for me.
In many industries, you will hear this objection quite a bit.
Remember, all selling is, is CHANGE. It’s about how good you are at get
-
ting your prospects to view in their mind that by changing their situation
(purchasing your solution) so they can solve their problems and get what
they want is far LESS RISKY than them doing nothing at all, the problems
stay the same, and nothing ever changes.
So whether they want something better or are trying to get away from
PAIN, it’s all about
CHANGE
.
Now here is your
problem though, human beings do not like change
even though they say they do.
It makes us feel unsettled and uncom
-
fortable especially when it’s initiated by salespeople ready to pitch their
products or services within 10 seconds of meeting a prospect.
Human behavior shows that we value t
radition, consistency, and some-
thing that is familiar
even if we don’t like it that much over something
that is
new and foreign to us
.
It’s your job as the sales professional to help them overcome their fear so
they can move forward, solve their problems, and get what they want.
PROSPECT:
I just have this fear that this won’t work out for me.
YOU:
What do you mean you fear it won’t work out?
PROSPECT:
Well in the past, with the resorts we have used, we’ve had
problems with check-ins and our dinner service.
NEW MODEL SALESPERSON:
How do you mean exactly?
PROSPECT:
It’s really just the timing. I cannot fly all of our employees
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in between 2:30 and 5:00 pm for check-in so they can be ready for the
welcome reception by 6:30. We really have to have some rooms ready by
noon or 1 p.m. The employees get upset when they get to the check-in
counter and their rooms are not ready.
NEW MODEL SALESPERSON:
Can you tell me how this affects you
when this happens?
PROSPECT:
Well, everyone starts calling me, then my boss jumps me.
It happened a few months ago and I thought I might lose my job.
NEW MODEL SALESPERSON:
How did that make you feel?
PROSPECT:
Devastated, to say the least. I have a family to take care of
so I can’t lose my job.
NEW MODEL SALESPERSON:
So this is important to you to get it
right?
PROSPECT:
Oh, you have no idea.
YOU:
You had also mentioned you were concerned about the dinner ser-
vice. Can you tell me more about that?
PROSPECT:
We usually have over 500 people at the welcome recep-
tion. Usually, the last 8-10 tables get served cold food. It causes those
tables to get really upset.
YOU:
Does it have an impact on you when that happens?
PROSPECT:
Yes it does. I then have to go in crisis mode and help calm
them down when I should be directing my attention to the after-dinner
event.
YOU:
That makes sense. Tell me, what other points of concern do you
have?
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PROSPECT:
I don’t really have any other concerns. We just need to
make sure it’s well planned out and then executed.
YOU:
I can show you how our hotel operations can be tailored to your
schedule if you’d like. Would that possibly take some pressure
off
of
you?
PROSPECT:
Wow,
it
sure
would.
When
can
we
do
that?
And just like that, POOF, the fear, the objection is gone!
Objection #50: It sounds too good to be true.
This is just another fear-based objection you will see in several industries
especially if you sell some type of product or service or training program
that teaches people how to make more money. This one will come up fre-
quently.
PROSPECT:
Well it just sounds too good to be true.
YOU:
Well would you like us to make it harder for you?
PROSPECT:
(Most will laugh)
Oh don’t get me wrong but when I was
a kid my granddad would always say, “If it sounds too good to be true it
probably is.”
YOU:
Can I ask you something?
YOU:
That saying “if it sounds too good to be true it probably is” where
do you think that came from, someone that was extremely rich or some-
one that was poor?
PROSPECT:
I’m not sure maybe someone that was poor?
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YOU:
Exactly someone that was poor. So if we take advice from poor
people, what type of (financial) results do you think we are going to get in
our own lives?
PROSPECT:
Well I guess the same results they are getting.
YOU:
Do you want to change that?
PROSPECT:
Yeah I have to change.
YOU:
Well you don’t have to. I mean why do this now, why not push it
down the road like unsuccessful people would?
PROSPECT:
Oh I’m not going to be like them.
YOU:
What would prevent it from working out if it’s working for all of our
other clients though?
(Notice how I’m seeding that it’s working for our oth
-
er clients here, which shows stability, and shows you get results for your
clients.)
PROSPECT:
Well I’m worried that XYZ might not work for …
(and now
they tell you what they feel wouldn’t work, which could be a multitude of
different things depending on what you sell).
In this example, let’s say you sell a training program that teaches people
how to start an e-commerce business where they can make more money
and have more time.
PROSPECT:
I’m worried this might not work out.
YOU:
What would prevent it from working out if it’s working for all of our
other clients?
PROSPECT:
Well I bought something like this a few years ago and they
made all these promises but never came through at the end, and I lost a
bunch of money.
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YOU:
Oh that’s no bueno, what type of training program did you actually
go through?
PROSPECT:
It was the ABC program with Tom Smith.
YOU:
Oh okay yeah I’ve heard of that. I think I’ve seen some of their ad-
vertisements on Facebook and saw a few testimonials. Were there other
people having success using that?
PROSPECT:
Well I think, I mean I read several testimonials when I was
looking at it.
YOU:
So if others were having success, what do you think held you back
from having the same results?
PROSPECT:
Well I know others were doing well with it, but I just didn’t
feel that when I had questions I could get a hold of someone who could
help me, and at the same time I had just had our second child and life got
really busy.
YOU:
Okay so they weren’t really giving you the hands-on help, so the
hands-on help is the most important to you then?
PROSPECT:
Yes for sure.
YOU:
You also mentioned that at the same time you had your second
child and life got too busy. So why look at changing your situation now,
because I’m assuming you are still busy, so why now rather than just
pushing this down the road like unsuccessful people would?
PROSPECT:
Oh no we have to do something now, it’s gotten to that
point.
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Objection #51: Can you just give this to me
for free, and once I make money I will pay you
back?
Now, this objection you will only get in certain industries, especially if you
sell anything that is a service, training, or product that helps the prospect
make money.
Examples:
● If you sell trading software that trains you to trade to make money.
● If you sell leads to people to help them make more sales.
● If you sell real estate education to help people make money in real
estate.
● If you sell e-commerce or Amazon SBA courses that teach you how
to make money online.
●
If you sell a network marketing opportunity.
PROSPECT:
If this is so good, then why don’t you guys just let me have
the software for free and then once I make money I will pay you back with
interest.
YOU:
Help me understand, how would the owners be willing to give away
something that gives clients that type of skill level to become full-time
traders and leave their jobs?
PROSPECT:
Well I’m not sure, but if it’s that good why not just give it
away and then let us pay them back?
YOU:
Can I make a suggestion?
PROSPECT:
Sure go ahead.
YOU:
Have you ever considered that way of thinking where someone
should just give you something extremely valuable that helps you make
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more money… for free… has kept you financially exactly where you’re at
in your life?
PROSPECT:
I guess it could have…
YOU:
Yeah because how could we force someone to follow what we
teach them to do and then hope and pray that they even pay us back
after they start making money? A client could go out and make a bunch of
money from what we train them and never even pay us back. There is no
way we could force them to pay us back. They could just steal all of the
training and we could do nothing about it.
How are you going to overcome that way of thinking so you can move
forward, learn to trade, and start making more money so you don’t have
to stay in your job forever?
PROSPECT:
I know I need to do something different.
YOU:
What happens if you don’t though, if you just stay in the same job,
same income the next 5-10-15 years?
PROSPECT:
OMG yeah that would not be good.
YOU:
So the question just comes down to this, is it more risky for you to
get the funding together to invest into the trading platform, you learn the
skills and you start making way more money?
Or …
Is it more risky for you to do nothing at all, stay in the status quo, prob-
lems stay the same and nothing ever changes?
Which is more risky?
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Ready to take your career
to the next level and be a
SALES LEGEND
?
Learn the new model of selling that works
with human behaviour that gets you the best
results and start selling more of your solution by
Joining the
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