How to Respond to Objections
Kevin "KD" Dorsey
SVP of Sales at Bench Accounting
As a sales account executive, one of the most common challenges you face is handling objections from potential customers. Objections like "I'm not interested," "I don't have time right now," or "What do you do?" can be stumbling blocks to successful sales conversations. However, with the right approach and techniques, you can turn these objections into opportunities to build rapport, understand your prospect's pain points, and position your product or service effectively. In this article, we will explore practical strategies and the art of using P/I questions to handle objections gracefully.
In this session, you will learn from Kevin "KD" Dorsey is a sales executive, coach and instructor of many well known sales education platforms such as Winning by Design and host of the "Live Better, Sell Better" podcast.
1. Understanding the Not Interested Objection
The "I'm not interested" objection is a classic one that every salesperson encounters. Instead of viewing it as a roadblock, sales account executives can reframe this objection as an invitation to dig deeper into the prospect's challenges. When faced with this response, rather than pushing your product, ask a question related to their pain points. For instance, inquire if they are facing specific problems your product or service can address. By doing so, you shift the conversation from product-centered to problem-solving, making it more relevant and engaging for the prospect.
2. Utilizing the "Too Busy" Objection to Your Advantage
When prospects claim they don't have time, seize this opportunity to relate to their situation. Acknowledge their busy schedule and empathize with their workload. Then, skillfully redirect the objection to explore whether the challenges they face align with what your product can solve. By framing your question around the prospect's time constraints and how your offering can alleviate specific pain points, you demonstrate a deeper understanding of their needs and concerns.
3. The Art of Responding to "What Do You Do?"
Avoid the common pitfall of providing a generic elevator pitch when asked about your product or service. Instead, pivot back to question that highlights common struggles faced by others in their position. By using a third-party reference, you create a more comfortable environment for the prospect to engage in a conversation about their challenges without feeling pressured to buy immediately. This approach keeps the focus on their pain points rather than your product features.
4. Mastering the Right Tone
How you respond to objections is just as critical as what you say. Maintaining a calm, confident, and curious tone is essential in handling objections effectively. Avoid becoming confrontational or overly assertive, as this can lead to resistance from prospects. Instead, demonstrate genuine concern and care for the prospect's situation. By adopting a receptive tone, you build trust and open the door for more meaningful dialogue.
5. Practice Makes Perfect
Handling objections requires practice and refinement. Role-play scenarios with your colleagues or sales manager to fine-tune your responses and tone. Recording these role-plays allows you to review your performance and make necessary adjustments. Through consistent practice, objections will become second nature to address, making your interactions with prospects more effortless and productive.
As a sales account executive, mastering the art of handling objections is crucial for driving successful sales conversations. By reframing objections as opportunities to understand your prospect's pain points better, using P/I questions to keep the focus on problem-solving, and maintaining the right tone throughout, you can turn objections into stepping stones toward closing deals. Remember, practice and preparation are key to becoming a skilled objection handler. Embrace objections with confidence, and you'll find that they can become valuable gateways to building strong, long-lasting customer relationships.
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