Sales Tip for December 2008 - Volume 3

Danny Wood is a nationally known trainer and speaker on sales and sales management and a Sandler Training affiliate.

Danny specializes in working with business owners, CEO’s and senior managers to maximize the return on what is often their most underutilized resource, the sales team.

Danny’s work has been noted for providing his clients with the ability to realize millions of dollars in additional business that would otherwise have never materialized or would have been lost to competitors.

His knowledge, experience, and tremendous respect for the Sales Professional led to his being selected by NJEntrepreneur.com to be their Sales Expert.


"I have finally gained great control over the sales process in my firm."
Marc Blumenthal - Principal
Sax, Macy, Fromm

"Our staff has new confidence and much less fear."
Richard Magid - President
Soundboard, LLC

"I can’t remember the last time I heard, Boss – Our prices are too high."
John Fernandez - Owner
Signmasters, Inc

"Our sales went up 30% since we started with Danny’s program."
Jim Margiotta – President
PBI-Dansensor America, Inc.


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Handling Stalls & Objections


There's only one person who's qualified to handle a prospect's stalls and objections, and it's not the sales person. It's the prospect. If stalls and objections frequently come up in your sales calls, it's a good idea to bring them up before the prospect has the opportunity. If you bring them up first, several good things happen:

It helps your credibility when the prospect sees that you're not afraid to bring up stalls and objections, even before you're asked. This promotes a feeling of trust.

  • You remain in control, not the prospect.

  • You can save time and get down to business faster, easier.

Here's how you could handle stalls and objections up front:

"Art, sometimes when I talk with people about what we do - and it may not be the case here - sometimes they tell me one of the following: They see all vendors as being the same; they hate the idea of going through the process of whom to select to provide this product (or service); they had a bad experience the last time they tried someone new; or they're not sure which direction or application will be best for them. Which of these, if any, Art, is a concern to you?"

The idea is to take three or four of the most common objections - those that you hear most often - and phrase them in a multiple-choice question that prompts the prospect to select one or more. This technique smokes out an objection that might get in the way of your progress later in the sales process.

When your prospect selects one of the objections, you then reverse by saying: "Really? Why did you pick that one?"

Probe a couple more times to find out the real objection. Then, decide if the prospect's objection will be a problem, or if you can handle it later in the sales process.

Another variation of this reverse becomes helpful when you hear the prospect raise an objection. For example:

Prospect: "Well, that's just too much money."

Salesperson: "People generally say that for a number of reasons..." List multiple reasons, then reverse by saying: "Which one of these, if any, explains your comment?"

Keep yourself off the defensive. Remain in control of the conversation and help your prospects handle their stalls and objections themselves.

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Coming: January 23

No Guts No Gain
Assertiveness Training!

(more info coming soon)

Danny Wood Enterprises, LLC
301 Route 17 North, Suite 800
Rutherford, NJ 07070
Ph: (201) 842-0055
Fx: (201) 842-0789
Danny@DWESalesgrowth.com
http://www.DWESalesGrowth.com

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