The Truth About Price Objections

The Truth About Price Objections

There’s a truth about price objections that you need to be familiar with.

We’ve all been there as sellers. We walk into a buyer’s office, shake hands, and are immediately asked what our?pricing?looks like.

Questions about pricing that get asked prematurely can throw a salesperson off their game. Often, they don’t want to give away their pricing structure too early. In some cases, the seller simply doesn’t know. Regardless, sellers will often dance around the question, stutter, and show a lack of confidence when such pricing-related questions are asked too early.

To find the solution to this, you need to look at your favourite stand-up comedian. Yes, you read that right.

It doesn’t matter what kind of comedian he or she is, what they talk about, where in the world they perform, or what era they’re from. Every great comedian handles heckles masterfully.

And, that’s what you need to look at price objections as…heckles!

When a comedian gets heckled on stage, the best ones stay composed and know exactly how to reply. It’s as though they don’t even miss a beat!

This is what every seller needs to be able to do.

It doesn’t matter as much how you reply, whether you tell them it’s too early in the process, or that you won’t know until you ask a few questions, the important thing is that you’re able to stay composed and reply back immediately and confidently to the prospect.

By doing this, you demonstrate to your buyer that you’re confident, composed, and not afraid of your own pricing!


Stephen Soo CPA

Profit Multiplier Coach | Mentor | Speaker | Senior Risk Advisor | Certified Accountant | Helping business owners find hidden money & scale. Risk Management Specialist ?

3 年

great article Colleen Francis, shift in perspective helps in managing heckles

回复

要查看或添加评论,请登录

Colleen Francis的更多文章

  • Unstoppable Coaching - The Rule of 3s

    Unstoppable Coaching - The Rule of 3s

    “If you aim at nothing, you will hit it every time.” —Zig Ziglar All sellers in your organization—from the top to the…

    1 条评论
  • Find the source - Know the urgency

    Find the source - Know the urgency

    “Turn a situation or problem upside down. Look at it backward.

  • Retaining Your Customer Isn’t an Entitlement

    Retaining Your Customer Isn’t an Entitlement

    “My worst fear in business is about losing my best, most profitable, most loyal customer…” That’s a common fear:…

    2 条评论
  • Process - not Product. A Case Study in Effective Prospecting

    Process - not Product. A Case Study in Effective Prospecting

    A big shift in the marketplace today is affecting the way you prospect with new potential customers and how you…

    3 条评论
  • Handling Sales Slumps: Let Obstacles be your Teacher

    Handling Sales Slumps: Let Obstacles be your Teacher

    Downturns happen to everyone in sales. But when they do, there’s a right way and a wrong way to respond.

    1 条评论
  • Social Media: From Time Sink to Power Tool

    Social Media: From Time Sink to Power Tool

    As a sales leader, you’re fiercely vigilant about where you spend your time daily, so it’s tempting to be wary of…

  • You Don’t Just "Build" a Sales Pipeline

    You Don’t Just "Build" a Sales Pipeline

    The best predictor of consistent success in sales is determined by the continued health of your sales pipeline. It’s a…

    3 条评论
  • The Science of Closing in Sales

    The Science of Closing in Sales

    “Science is a way of thinking much more than it is a body of knowledge.” —Carl Sagan In sales, there is art and science…

    7 条评论
  • How to Fill the Vacuum of Uncertainty

    How to Fill the Vacuum of Uncertainty

    It sounds daunting: filling the vacuum of uncertainty. Because it is.

    2 条评论
  • How AI fits into your prospecting now

    How AI fits into your prospecting now

    “The future is already here, it’s just not evenly distributed.” —William Gibson Forward-thinking sales professionals…

    2 条评论

社区洞察

其他会员也浏览了