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Tuesday, November 01, 2005

The Action Selling Sales Book - Dealing With Sales Stalls and Objections

Most salespeople think of “stalls” and “objections” as synonyms. Wrong. Stalls and objections are both things you may hear after you have asked for commitment, but an objection is a specific reason not to buy. In a stall—“I need to think about it”—the customer offers no particular reason for hesitating. The Sales Board offers a Sales Training Program called Action Selling that gives sales people the necessary Sales Skills to deal with stalls and objections more effectively.

Almost all salespeople buy in to the stall. Very few ever get the deal once they do.

What the stalling customer is really saying is this: “I’m not quite sold yet. Sell me some more.” Well then, by all means, do some more selling. But do it right. Here’s how:

Never challenge a stall. Since the customer offered no specific reason for hesitating, don’t force him to come up with one by saying something like, “What is it that you need to think about?” Challenging stalls creates conflict, not sales. Effective Sales Training from The Sales Board, Inc. will guide you to a more productive method of dealing with a stall.

Don’t try to manipulate the customer. If you’ve learned any manipulative sales techniques, forget them. They do more harm than good. The old “feel, felt, found” method rarely worked even in its heyday, and it certainly doesn’t work today.

Identify a Universal Stall Breaker. The USB is a capability of your product or your company that minimizes the risk to the customer who buys. Every company has one. Yours might be a money-back guarantee, a no-hassle return policy, a try-and-buy arrangement, extended terms, or an unusually comprehensive warranty. Whatever this capability is, do not present it to the customer up front. Hold the USB in reserve, in case you hear a stall when you ask for commitment. This is a powerful Sales Skill.

When you do hear a stall, follow this procedure:

Say, “I understand.”

Restate the product features the customer liked before the stall arose.

Present the USB.

Ask for commitment again.

It works like this: “I understand. You like ____, _____, and ____ about our product. With our _____ policy (the USB), you can try it with no risk at all. How does that sound? (Customer responds.) Would you like to go ahead with it then?”

Far too many salespeople fail to ask for commitment even once in a sales call. Even though asking for commitment is an incredibly important Sales Skill. With this stall-breaking method, you are asking twice. And you have followed the customer’s lead by doing exactly what the stall really asked you to do: “Sell me some more.”

Believe it, you will make more sales.

Contact us to learn more about handling stalls and objections.

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