Question: What Are The 4 Types Of Objections?

What are the 5 most common objections?

5 Common Sales Objections and How to Handle ThemObjection 1: “We’re Good.

We already have someone and they’re doing a good job.” …

OBJECTION 2: “Your price is too high.” Price is never the issue.

OBJECTION 3: “You’re all the same.

What makes you different?” …

OBJECTION 4: “Just send me info and I’ll get back to you.” …

OBJECTION 5: “This isn’t a priority right now.”.

How do cold callers overcome objections?

Here are three ways you can respond to the “we work with someone already” cold calling objection:“Good to hear. I’m curious, what do you think makes the relationship work so well?” … “It sounds like things are pretty good. But you didn’t say they were doing an amazing job. … “Glad to hear that things are going well.

What does a good sales process look like?

Typically, a sales process consists of 5-7 steps: Prospecting, Preparation, Approach, Presentation, Handling objections, Closing, and Follow-up.

What are common objections?

Overcoming Specific Objections“Now’s Not a Good Time.” Timing is a common problem, for several reasons. … “It’s Too Expensive.” … “I’m Already in Another Contract.” … “Just Send Me the Info …” … “I Don’t Have Time to Talk to You Right Now.” … “I Need to Run This Past My Boss.” … “Product X is Cheaper.” … “You Don’t Offer Feature X.”More items…•

What are 3 of the most common customer objections?

Common sales objections based on price“It’s too expensive.” … “We don’t have the budget.” … “I can get a cheaper version somewhere else.” … “We’re being downsized/bought out.” … “I don’t like being locked into a contract.” … “I’m currently under contract with someone else.” … “I’m happy with [competitor].”More items…•

What is the best rebuttal For I not interested?

Sales rebuttals for not interested: When they don’t see why your product is valuable“We’ll buy if you add these features.” … “Your product/service is a fad and won’t last.” … “I’m happy with the way things are.” … “[X] problem isn’t important to me currently.” … “I don’t see how your product will help me.”More items…

What is the 4 step process?

The Four-Step Process • STATE the practical, real-world problem • FORMULATE : What specific statistical operations are called for? • SOLVE : Make graphs and carry out the necessary calculations. • CONCLUDE : Give your conclusion in the setting of the real-world problem.

What are sales rejection words?

A rejection word is any word that triggers fear or reminds prospects that you’re trying to sell them something. Rejection words scare your prospects so much that most of them will reject you and your product or service.

How do you overcome objections?

Use the following 4 steps to overcome sales objections and move closer to the sale.Listen Fully to the Objection. Your first reaction when you hear an objection may be to jump right in and respond immediately. … Understand the Objection Completely. … Respond Properly. … Confirm You’ve Satisfied the Objection.

What is the four step method?

This problem-solving plan consists of four steps: details, main idea, strategy, and how. As students work through each step, they may use “graphic representations” to organize their ideas, to provide evidence of their mathematical thinking, and to show their strategy for arriving at a solution.

How do you respond to price objections?

How to Overcome Pricing ObjectionsWait for the prospect to finish speaking.Pause for 3-5 seconds.Ask a question.Pose a follow-up question.Summarize their objection in 2-3 sentences.Clarify if you missed anything.Diffuse their concern.

What are sales closing techniques?

Traditional Sales Closing TechniquesNow or Never Closes. This is where salespeople make an offer that includes a special benefit that prompts immediate purchase. … Summary Closes. … Sharp Angle Closes. … Question Closes. … Assumptive Closes. … Take Away Closes. … Soft Closes.

What is the four step method for handling objections?

The four-step method for handling objections is as follows: listen carefully. acknowledge the objection. restate the objection; and.

Why do customers raise objections?

Customers typically present sales objections for three main reasons. They may be skeptical of the product or service. Secondly it is also possible for customers and sales person to have misunderstandings and miscommunication. And finally customers may just be stalling.

What are three types of objections?

What They Mean To You, Your Case, and What May HappenHearsay. A common, if not the most common trial objection to a trial testimony objection is hearsay. … Leading. A close second objection is to leading questions. … Relevancy. The last of the three (3) of the most common objections is relevancy.

How do you avoid sales objections?

Here are some helpful strategies for overcoming objections.Practice active listening. … Repeat back what you hear. … Validate your prospect’s concerns. … Ask follow-up questions. … Leverage social proof. … Set a specific date and time to follow-up. … Anticipate sales objections.

What are the five different types of objections?

Customer objections fit nicely into five categories: price, cost, value, games and process. Price objections are short-term objections, as the buyer may not have the budget or money to afford your alternative.

Why do customers say no?

1 No Trust The most important and common reason is that potential customers don’t trust you as they have not yet built a relationship with you. … There are times when customers don’t understand what you’re talking about. Too many technical terms and jargons may make a customer annoyed and leads to no sales.