Get rid of late-stage objections once and for all!
Patrick M.
Founder @ The ISP Group | Grown-up Skater Kid | Punk Rock Enthusiast | UltraRunner | Elite Sales Training & Tech Solutions for Self-Aware Companies. Let’s get it!
I was always a decent "Closer", I could always ask for, and push for a hard close at the end stage of the sale. I would get time, budget, and planning commitment early on in the sale and hold them to their word to aggressively push them to sign the order. Sometimes it worked, sometimes, didn't, I was doing the best at the time, with what I had. And what I had, was not much. This was early in my sales career, 20+ years ago, I was building a team of sales people and leading the NBO sales initiative for a young company, selling B2B, B2C.
I taught my team to sell aggressively, fast, push services, upsell, handle objections and and get the order signed asap. There was no good process in place and there was no formal way of funnel growth, pipeline predictability or way to forecast accurately. Looking back, it was a total shit show. We would always get o the end of the sales process, then, BAM! Objection, Objection, Objection! Objections everywhere, always rearing their head, derailing deals left and right, It's enough to make you want to bang your head against the wall.
Most late-stage objections aren't random acts of sales cruelty. They're often red flags that something went wrong earlier in the process, that we left stones unturned. I was so focused on closing deals, I forgot to build a solid foundation. I realized that objections were just questions that should have been been answered far earlier, now they were these seemingly critical roadblocks, steering the deal towards the inevitable closed-lost or even worse stalled! Late stage objections are a sign to you, your manager and the customer, that you did not do your job, period.
Let's look at a few ways to avoid late stage objections so you no longer have to have these late-stage, awkward, deal killing interactions with your prospects ever again.
Ask powerful questions, set expectations address concerns early, with the right decision makers. A smooth sales process isn't about late stage objection handling and pushing a close, It's about aligning two companies, guiding your prospect towards a solution that creates quantifiable value.
By incorporating these tips and practicing them often, you'll transform objections from setbacks to stepping stones on your path to closing more deals and taking your game to the next level.
Are you ready to level up your game for your your employees, customers and organization?
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How do you prioritize building rapport and addressing objections effectively during the late-stage of the sales process, Patrick M.?