What Are The 5 Most Common Objections?

What should you not do in a sales pitch?

Failing to make eye contact and focusing purely on your content.

Talking too fast.

Not planning a concise close with a compelling call-to-action.

Never asking for feedback and tweaking your sales pitch based on what you think works..

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.

How do you say your price is too high?

4 Ways You Should Respond:Silence! First thing you should do is take a couple seconds before you do anything. … “Give / Get” When customers ask for a discount, ask what they would be willing to give up. … Ask Questions. … Customer References.

What are 4 types of closes?

Here are 4 highly effective sales closing techniques that are popular with sales reps:The assumptive close: This technique involves using a phrase or language that assumes the close is a done deal. … The option close: … The suggestion close: … The urgency close:

What is a closing question?

Trial closing questions are open-ended, opinion-asking questions. They enable you as the salesperson to assess where you are in the sales process and evaluate the readiness of your prospect to ask for the sale. The response you get from your trial closing question will tell you what to do next.

How do you overcome customer 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 a hidden objection?

an unstated objection which a prospective buyer has to a product offered by a salesperson. See: Invalid Objection Stated Objection.

What are the most common sales 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 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.

What are the 4 types of objections?

Objections can be generally classified into four types:Price/Risk. Price, cost, budget, or ROI concerns all fall into this category. … Quality of Service. … Trust/Relationship. … Stall.

How do you overcome cost objections?

Here are five ways to overcome pricing objections the right way:Allow a few seconds of silence. … Understand the true cause of price objections. … Emphasize the return on investment. … Make sure the prospect understands the cost. … Get prospects to the buying stage—and get ready to deal.

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.

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 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 counter sales rejection?

How to Deal with Rejection in Sales CallsDon’t take it personally. Usually, a rejection in sales just means that your product wasn’t what the prospect needed. … Expect it. Rejection happens. … Be professional. You need to remain polite and professional. … Ask why. … Send a last-minute proposal. … Talk with your teammates. … Treat it as a necessary step. … Be persistent.More items…