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Objection handling is considered by many to be one of the most important skills in sales.
Sales people must be ready and able to address objections; marketing must enable sales to respond to sales objections by providing answers and tools.
For any one company and product, few objections exist. We may hear those objections in many different ways, but a high percentage of objections will boil down to a small list. It is critical to ascertain two aspects of these objections: how important are they to the prospect and how difficult are they to answer effectively.
The objection is important to the prospect if the answer can move the deal in one direction or the other. A good answer will move you ahead; a poor one will lose you ground to the competition. Some objections are difficult to answer effectively--for example, the answers may be complex or require significant technology knowledge.
Ascertaining the importance and the difficulty of an objection will prepare us to think about different types of objections and the responses that will nullify them. We can divide objections into four main categories.
The most important and most difficult objections require the
most attention, as they are critical to your success. A good answer will help your efforts, but doing a good job on a
difficult question is by definition not easy. A company and its sales people
must take these objections seriously.
Since the answers are difficult to deliver, a sales tool must be
developed to provide a clear and concise answer. The sales tool may be a white paper, a brochure or a page on the
company web site. The sales tool will
allow management to confer with sales, marketing, and others to develop the
best answer. The sales tool will insure
that the best answer is delivered consistently. It will eliminate the need for individual sales people to spend a
great deal of time understanding the issue, crafting an answer and delivering
it, thereby using the company
Olin Thompson is a leading sales & marketing consultat to application software providers. With 25+ years experience, Olin has been called "The Father of Process ERP". He works with solutions providers, analysts, and the press. To learn more visit www.processerp.com. Contact Olin directly at 401.421.6968 or e-mail: firstname.lastname@example.org
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