OBJECTIONS & REBUTTALS Flashcards

1
Q
  1. Not Interested”
    Sales Objection Type: Irritation
A

Sales reps often hear the objection “not interested” when they’re cold calling. It often comes early in the call before the rep has even had a chance to make their elevator pitch — as soon as the irritated lead smells a sales call.

Example Sales Rebuttals
To diffuse this irritation, first tell them you understand they’re likely annoyed that they’re receiving calls when they’re busy, then ask for a minute to explain why you’re calling. If this objection came after your pitch, ask what they find uninteresting so you can be targeted and reverse that feeling.

Here are some ways cold calling reps can respond to the “not interested” objection:

1.”Buyer the only reason i’m calling you is to give you the information you requested so that you could protect your loved ones. Did you get that burial policy yet?

  1. “I understand you’re pressed on time. Can I get one minute to explain why I’m calling?”
  2. “Totally understand. Neither was {Lead’s Relevant Competitor} until they heard my 30-second pitch. I know you’re likely busy; would you allow me the privilege regardless?”
  3. “What aren’t you interested in?”
    This is a tough objection to overcome, but with a polite understanding and a request for permission to pitch, you can spark just enough curiosity and favor in the lead to influence them to give you the green light.

“I’m not interested.”
‌”I’m just not interested.” Those four words can be the most disheartening ones you hear as a life insurance agent. They sound so final, as if there’s nothing else you can do to change the prospect’s mind. Look at it this way, though. How could someone not be interested in something when they don’t even know what that something is? Along the same lines, how could they not be interested in a life insurance policy if they don’t yet know how life insurance works?

‌Sometimes, prospects will cut you off with “I’m not interested” before you can even begin your script. While frustrating, it does present you with an opportunity to get right back on track.

The rebuttal: Find a way to demonstrate value
Address their statement immediately, so they know you hear them. Try something like, “I understand that you might not be interested in a life insurance policy, and that’s okay. But may I ask you for just a few moments of your time so that I can show you how life insurance works and how it can help you protect your loved ones?”

‌If they give you the green light to continue, get right back on your script and keep going. You now have the chance to show your prospect the value of purchasing a life insurance policy. You can earn their interest and start helping them create a personalized plan.‍

‍‌What if the prospect says they aren’t interested later?
If your prospect shows interest early on and listens to what you have to say but then says they aren’t interested, you might need to review your script. Maybe you didn’t do a good enough job building the value of a policy. Revise your pitch so that it’s more attractive to your prospects and keep trying.

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2
Q
  1. “Where’d You Get My Information?”
    Sales Objection Type: Irritation
A

It’s often an underlying frustration with cold callers and emailers that fuels the aggressive objection of “Where’d you get my info?” Leads are expressing that they don’t know you and didn’t ask to be contacted by you. Other times, you’ll encounter this when following up with an inbound lead who simply forgot they’d submitted an online form and gave you the information.

Example Sales Rebuttals
The best remedy is an honest answer to their question, followed by a hint at your value proposition. This will set them at ease and pique their interest. On the other hand, if the lead has given you their contact information in an opt-in form, simply remind them and ask about their experience with the lead magnet, thereby getting rid of their lack of knowledge and forming rapport.

Here are some rebuttals for the “Where’d you get my information” sales objection:

“Your number came up on a list of businesses that could benefit from {Value Proposition}.”
“I did some online research for people in the X market and came across your phone number/email.”
“When you signed up for X, you gave us your contact information. Has X been helpful?”
If you purchased the information, use the first rebuttal. Note that while it’s still honest, it sounds a lot better than saying “I bought a list of leads.” A little creativity can make your honest rebuttals more palatable to the lead. And it’s better than lying, which, although potentially effective in the short run, can turn from a harmless, rarely used tactic into a character damaging habit — not to mention financially damaging when a prospect or customer finds out.

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3
Q
  1. “Why Are You Calling Me?”
    Sales Objection Type: Irritation
A

If a lead asks why you’re calling them, it’s likely because they’re annoyed and don’t want to talk to someone trying to sell them something. They also likely feel like they’re part of an indiscriminate list of names.

Example Sales Rebuttals
To alleviate this irritation, make the lead understand that you’re not just calling them on a whim, but are specifically interested in talking to them because they fit your target audience’s profile in some way. This can make them feel like you might actually have something they’ll find valuable. For example, mentioning a common pain point held by other people similar to the lead is always a good way to win their favor, even if they don’t have that exact pain point.

Here are some rebuttals to this common cold calling sales objection:

“A lot of {Lead’s Descriptor — e.g., VPs of finance, men from coastal regions} have been coming to us lately saying they’re {Relevant Pain Point}, so, I came across your information and thought I’d check to see if we can help you in that area.”
“We thought you may be interested in improving your X because you {Reason They’re a Good Fit}.”
“We’re contacting certain people in the X industry to get in touch about their current Y solution.”
After hearing your rebuttal, the lead will think of you as a problem-solver instead of a spammer. And even if they say they don’t have the aforementioned pain point or process, you can ask about another common one, increasing your chances of winning their interest.

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4
Q
  1. “I Don’t Have Time”
    Sales Objection Type: Time
A

Sometimes when contacting a lead for the first time, they’ll tell you they don’t have time to speak with you or learn about your offer. Bad timing is likely causing this reaction. Perhaps they’re busy at the moment you cold called. However, it could also be a matter of priority. They might think talking to you is less important than doing their work or scrolling through LinkedIn.

Example Sales Rebuttals
To overcome this objection, tell the lead you understand they can’t talk right now, and then ask for a different time frame when they might be more available. This takes care of the timing issue. To also attend to any priority problems, consider hinting at your value proposition so they know why they should make time for you.

Here are some example rebuttals for the “I don’t have time” sales objection:

“I understand you’re busy right now. Could I give you another call around the same time tomorrow? I have an idea about how to help your business {Value Proposition}, and it’ll take just five minutes to share.”
“Alright, you can’t talk now. Is there a better time this week for me to call? I’d love to tell you about how we can help you {Value Proposition}.”
“Sounds like you have a lot on your plate at the moment. Is there a time frame I could circle back when you have a more open schedule?”
Respecting their time and finding another day to connect is the most effective solution to this problem. The lead should appreciate your approach and accept it, now that they know you’re considerate and easy to work with. In the meantime, consider emailing them some short, informative content to learn more about your solution. That way, when you call back, they could be more interested in spending their time talking with you.

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5
Q
  1. “Can’t You Just Send Me Something?”
    Sales Objection Type: Time
A

This objection is most common during cold calls and is usually due to a lack of time to hear your pitch. The lead is asking you to send something in an effort to get you off the phone, or, in some instances, to actually learn about your solution — that is, on their own time.

Example Sales Rebuttals
Whether it’s a lack of time, or irritation masquerading as it, the best approach to overcoming this objection is asking what the lead wants to learn more about, agreeing to email some resources to them, and lastly, scheduling time for you to call back and hear their thoughts about the resource. This should get you another meeting on the calendar.

Here are three rebuttals for dealing with this objection:

“Yeah, sure! Is there something specific you’d like to learn more about?”
“We can definitely send you our product info. Is there a good time to call you back once you’ve had time to read through it?”
“Sure thing, I have a case study about how a company similar to yours saw {Benefit} from our solution. How about I send that over and call you back on {Three Business Days From Now} to hear your thoughts?”
If the lead says a noncommittal “sure” when you ask to call them back, try to make this meeting more of a sure thing. Say, “Great, do you have your calendar open?” They will usually respond with “yes” or “one second.” Then you can find a time with them that works for the call, get them to verbally commit to it, and send over the calendar invite after they’ve hung up. This will make it more difficult for them to dodge you, as they’d feel guilty of breaking a commitment.

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6
Q
  1. “I’m Not the One Making Purchasing Decisions”
    Sales Objection Type: Priority
A

Sometimes you end up pitching to somebody who isn’t a decision maker — this especially happens on cold calls — and they let you know that they can’t personally choose whether to purchase your product. They have to talk to someone else, and perhaps are hesitant to start that conversation with a higher-up because they don’t yet see your product as necessary, and so they don’t want to waste their manager’s time.

Example Sales Rebuttals
The goal here is to get on the phone with a decision maker, or at least figure out how to do so. Ask the person who is in charge of these decisions and ask if they’ll connect you with them. If they don’t want to, you’re going to have to sell them a bit harder. Focus on how it’ll benefit both their manager and them. If it was a property manager, you might say it’ll help you do move-out inspections more quickly, and it’ll help the VP double the buildings they manage this year.

Here are some responses you can use to overcome this objection:

“Well, thank you for listening to my spiel even though you didn’t have to. Are you able to connect me with the person who makes the purchasing decisions real quick?”
“Understood, thanks for hearing me out anyway. Who makes those decisions? Would I be able to get their number or email?”
“Okay, would you happen to know who’s in charge of {Ideal Lead’s Responsibility — e.g., managing the marketing team}? I have an idea for helping them {Higher Up’s Need}, which will also help you {Influncer’s Need}.”
Even though this person isn’t the decision maker, you should still be friendly and valuable to them. If you win them over with your charm and promises, they might just put in a good word about you and your offer to the decision maker when they decide to go ahead and facilitate the connection.

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7
Q
  1. “I Don’t Understand the Product”
    Sales Objection Type: Lack of Knowledge
A

When you hear this objection, you have to fill in the lead’s limited understanding. The lead obviously missed something important, either during a pitch, presentation, or their own research. They therefore desire further explanation.

Example Sales Rebuttals
To overcome this objection, first figure out exactly what they want to know more about. Is it the whole product or a specific feature? Then, explain the product or feature in a different way than the first time. Tell them what it is and what it’s designed to do in clear language. Also, consider sharing use cases to help them visualize how they’d use it.

Below are some rebuttals for overcoming the “I don’t understand” objection:

“Perhaps I was unclear. My apologies. What exactly is it that’s confusing you?”
“Do you have any specific questions about what the product does?”
“Our product is an X, designed to do Y. For example, many customers use it to {Use Case}. Does that clear things up?”
After you’ve delivered your rebuttal, it’s important to make sure you’ve bridged the gap in knowledge. So ask them if they need any more explanations or have any other questions before moving forward. Once bridged, your relationship should be stronger, having had to struggle together in the cooperative pursuit of forging an understanding.

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8
Q
  1. “I Already Have a Provider”
    Sales Objection Type: Lack of Knowledge
A

During a cold call or sales call, your lead may express that they already get something similar from another provider. This could be due to a lack of awareness. Sometimes you’ll find that the lead’s provider actually serves a different need than your product or service, and the lead is just unclear about the difference. On the other hand, they might actually have someone doing it for them — a trickier type of objection to overcome, but doable.

Example Sales Rebuttals
To deal with this objection, first gather a bit more information, as opposed to immediately countering what they’re saying. Once you know what you’re up against, you can give your unique selling proposition and more information that elevates your business above their current provider and fills the lead’s lack of knowledge. If you find that they’re just confused about how you fill a different need than their current provider, explain the difference.

Here are some ways to rebut this objection:

“Who is your current provider? Why’d you pick them?”
“When was the last time you switched providers? What made you switch?”
“A lot of clients got us mixed up with them at first, but our solution’s actually meant to work alongside a tool like theirs. While they take a mile-wide, inch-deep approach, our tool is 100% focused on helping you {Focus Area}. We also offer integrations with {Lead’s Provider}.”
The result should be a lead curious to learn more about your solution and why it’s better than, or complementary to, their current provider.

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9
Q
  1. “I’m Not Comfortable Giving More Information”
    Sales Objection Type: Lack of Knowledge
A

Salespeople are encouraged to get every form of contact possible from their leads during cold calls. Sometimes this makes leads uncomfortable, and, because of a lack of know-how about your intentions, they object.

Example Sales Rebuttals
To overcome their hesitation, acknowledge their concern and tell them what you’ll do with the info and why it will benefit them. This is meant to put the lead at ease by engendering in them feelings of self-interest, or even empathy. If they see that collecting their data will help them, or businesses like them, they’ll be more understanding.

Here are some ways to overcome this objection:

“I understand that you’re hesitant to provide more information, but we can save you a lot of time on the phone if we’re able to email you more info to read at your leisure.”
“I know you probably get a lot of spam phone calls, but if you give us your number, we can make an appointment so that you know exactly when we’re going to call.”
“Totally understand. I will say this though: we often send giveaways and discounts to our email list, sometimes up to {Giveaway Example — e.g., 25 % off a purchase}. That’s why I ask.”
If they comply, continue on with your sales conversation. If they push back, and you don’t need the piece of contact information, feel free to forget about it. That way you can move forward with your sales tactics without their confusion bubbling into irritation. Either way, the lead should feel like they can trust you after receiving one of the above rebuttals.

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10
Q
  1. “I’m Not Ready to Buy”
    Sales Objection Type: Priority
A

When a lead says they aren’t ready to buy, it’s often because they don’t prioritize the purchase. There’s likely something else they’d rather be spending their money or time on, whether that’s a competing investment or some internal project.

Example Sales Rebuttals
In this case, you first need to figure out why the lead is dragging their feet on this venture. After you’ve figured out what they’re prioritizing, or why they think they can wait, create a sense of urgency that inspires them to move this project up on their list of things to do. Mention an opportunity they’re missing or a way they’ll benefit from planting the seed now.

Here are some ways to get past the “I’m not ready to buy” objection:

“I understand you aren’t looking to purchase yet. Could I ask what it is you’re waiting for in order to make a purchase?”
“Wouldn’t a boost in X help you more if you are able to start it sooner?”
“If you’re going to seize the {Market Opportunity}, it’d be best to start as soon as possible, before it’s too late.”
It can also help to paint a clear picture of what would happen if they bought this product sooner rather than later. For instance, you could explain how their business would look in one year if they had your product today. This future vision could get them excited about buying your solution

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11
Q
  1. “I Don’t Have the Money Right Now”
    Sales Objection Type: Priority
A

Example Sales Rebuttals
A quantitative concern can easily be rebutted with a straightforward, quantitative answer. The idea is to stress the time or money that they save by buying sooner. This can help them see why prioritizing your solution in their budget is worthwhile. If they seriously lack the finances to go forward with your solution, that’s another story. Perhaps you have a more affordable option or payment plan you can offer them that will still relieve their major pain point.

Here are some rebuttals to “I don’t have the money right now”:

“Have you considered how much money you’ll save by getting it sooner?”
With a few calculations, I can show you how you’d break even in {Duration}.”
“We have options to break up the payment for our products so you can start saving money a little sooner.”
These rebuttals should be enough to overcome their objection. However, if they really don’t have the capital, figure out when they’ll have it, and schedule a meeting for that date/time to review your solution. In the meantime, continue emailing them helpful content that demonstrates your solution’s value. That way, when the meeting occurs, they’ll be primed to buy.

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12
Q
  1. “I Don’t See a Need Right Now”
    Sales Objection Type: Lack of Knowledge
A

Example Sales Rebuttals
The rebuttals to this objection should be more focused on discussing their pain point and highlighting the costs of letting it go unsolved. It’s like a dentist telling a patient the side effects of not getting their tooth pulled ASAP — rot, pain, and all the other unsavory outcomes. You could also help them visualize the benefits they’ll miss out on by waiting to act. For instance, a stockbroker might say “buy now when the market’s low or you’ll miss out.”

Here is some verbiage for overcoming this objection:

“From what we’ve seen happen to people with {Pain Point — e.g., outdated piping} like yours, if they let this fester they might see a {Negative Consequence — e.g., broken pipe and flood} that throws them entirely off track in their renovations.”
“Would fixing your {Issue} make you more money this year?”
“How much time would you save if we could speed up your X process? Imagine what you could do with that extra time in the day.”
Once the lead understands the true pain they’ll suffer or the amazing future they’ll miss out on if they neglect their issue, they’ll see your solution in a new light. They’ll view it as a must instead of a nice to have.

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13
Q
  1. “I Found Another Product I Like More”
    Sales Objection Type: Lack of Knowledge
A

If the lead has heard from you, they’ve probably heard from other providers in your market. So, there’s a chance that they’re going to get sold on another product before yours. While turning this around can be difficult, it also tells you that they’re ready to buy. They just need a bit more information in regards to why yours is a better choice.

Example Sales Rebuttals
First, figure out what they like about the other solution, and then start selling them on why yours is better for what they need, thereby filling their incomplete knowledge. Never disparage the other product or service. That will come across as an insult to their intelligence and judgment. Instead, focus on how your solution is better suited to their specific needs, providing them with information that can help them see what the competing sales rep might’ve left out.

Here are some rebuttals to use when a lead says “I found another product I like more”:

“What product did you end up landing on? What about it do you like?”
“That’s a great product. Many of our clients have used it but switched to us because, like you, they wanted {Prospect’s Need}, and felt {Competitor} was lacking in that department. Unlike them, we {Reason Your Business Is Better at Solving the Need}.”
“Let me show you a quick comparison between their product and ours so that you’re as informed as possible before you make your decision.”
After delivering one of these rebuttals and demonstrating the key differences between the two products, the client should have a better sense of why your option is better suited for them. They’ll start to reconsider and perhaps ask for you to go in-depth on the differentiating factor they found most intriguing.

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14
Q
  1. “I Found a Cheaper Product”
    Sales Objection Type: Lack of Knowledge
A

When a lead mentions that they’re looking into another product because it’s cheaper, you have identified what sets the other product apart. Usually, they make the objection because they have little or no understanding of the value in your solution that justifies the higher price.

Example Sales Rebuttals
Lean into your unique selling proposition to overcome this objection. Show them why your product is worth its higher price, and give them some reasons why the competitor might be able to charge a lower rate. Make sure these reasons will be unappealing to the customer. If the customer values customer service, and you know the competitor doesn’t offer much of it, use that as a reason.

For example, try one of the rebuttals below:

“Many companies can offer a cheaper product because they invest less in what their customers need. Check out some of what sets us apart and why we can offer a better value.”
“Does their product offer the {Relevant Feature or Service} that we do?”
“The reason company X is able to offer such a low price is because they don’t offer {Important Feature — e.g., 24/7 customer service} like us.”
These rebuttals should make it obvious why price shouldn’t matter as much as value in the lead’s evaluation. If after showing them the ROI, your prospect is stuck on price, you can potentially offer a slight discount. However, use this only in last-case scenarios, because offering a lower price can decrease the perceived value of your product.

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15
Q
  1. “I Saw Some Bad Reviews”
    Sales Objection Type: Lack of Knowledge
A

Sometimes a prospect will become concerned about your business after seeing a few bad reviews. With no side of the story except the customer’s, the prospect might take the review as truth. They therefore hold a misconception about your business you must correct.

Example Sales Rebuttals
To overcome this objection, first figure out what review they saw that unsettled them. Then address their lack of knowledge by explaining the cause of that bad review. Perhaps it was from an unfair customer or about a problem you’ve fixed in your updated product or service. Lastly, explain why it won’t happen to this new lead.

Here are some things to say to beat this sales objection:

“What concerns did the reviews mention? Maybe I can clear up some of your questions about what we have to offer.”
“Unfortunately, people who are dissatisfied with service tend to be a lot more willing to post a review than those who have a good experience.”
“We’re always checking the reviews to see how we can improve as a business. What negative reviews did you see? Perhaps we’ve already addressed what was bothering the customer.”
Addressing the specific concerns the prospect pulled from the review sections will demonstrate your honesty and willingness to improve your product or service. To preemptively prepare for these objections, it’s a good idea to scan over your Yelp, Google, and Facebook reviews, find the most damaging ones, and jot down explanations for them.

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16
Q
  1. “Your Product Is Too Expensive”
    Sales Objection Type: Pricing
A

Once a prospect sees the final cost of your product or service, they may be dissatisfied with it. Most pricing objections arise because the prospect cannot clearly see how your solution is valuable to them. They might’ve forgotten how much they need a solution to their problem, or just lack enough proof of results.
Focus on explaining why the product or service is worth the price. Quantitative estimates and case studies are effective ways to show just how much the solution will benefit the buyer, both in the short and long term. Sometimes telling a story about a customer who held the same feelings, but over time was amazed by the results, is a good way to alleviate their pricing concerns.

Below are some methods for overcoming this sales objection:

“When you look at the ROI, it starts to show its affordability. For example, if you were to get {Results — e.g., 20% more sales a month}, the client average, you’d start receiving a net positive return in about {Duration — e.g., four months}.”
“We price our product according to industry standards, and we more than make up for any price difference with our results.”
“Some customers felt that way at first, but, after a year with it, they realized it was the best investment they ever made. Take {Client Similar to Your Prospect}. They saw {Customer Success Story}. We feel you’ll see similar results, if not better.”
At this point in the process, you already know why your prospect is buying and that they’re ready to make a purchase, but your price has brought up a hesitation. Any of these rebuttals will work to remind the prospect of why they came to you in the first place. They should really drive home how your product can deliver.

17
Q
  1. “Why Did You Add That?”
    Sales Objection Type: Lack of Knowledge
A

Many industries have required taxes and/or industry-standard fees that are added during the closing process. When a prospect sees this additional fee on the contract, they might become confused and therefore object because of their limited understanding.

Example Sales Rebuttals
Your rebuttal should focus on stressing the fact that these fees are required or common throughout the industry. Also, be sure to explain why the fee helps you better serve them. If your prospect is continuing to push back on the fee, you can use it as a bargaining chip and make a trade for something you might want. For instance, if they’re on monthly billing and you want them to pay in full for the year, you could offer to waive the fee if they agree to do so.

Below are some ways to overcome this objection:

“We do have to add an X fee due to the time and resources it takes to prepare for delivery. It’s part of what ensures that our product offers the best Y experience possible.”
“Unfortunately, we do have to include taxes and industry-standard fees, but that’s the same for anybody offering a product like ours.”
“We have to add this implementation fee to ensure we can afford the resources to help your team set up the product and get the most out of it.”
After hearing the rebuttal, the prospect should understand why the fee is included, and hopefully feel it’s worth paying to receive the value you offer. The lead will also likely be happy to hear that you take such measures to ensure a positive experience for your customers.

18
Q
  1. “Another Provider Offered Me a Better Deal” (Without Proof)
A

This is a common objection used to get a lower price during the closing process. It’s usually pricing concerns causing this objection. They’re trying to figure out how to get you to lower your price.

Example Sales Rebuttals
The rule of thumb for forming these objections is simple: If they don’t have proof in hand, it’s not your responsibility to take them at their word. Be careful not to tell them that you think they’re lying to you, or that they could lie to you. Focus instead on stressing that you can’t consider an offer that you haven’t seen, or asking them why they didn’t take the better deal when they got it.

Below are some phrases to use to overcome the sales objection:

“Unfortunately, I am not able to consider any offer during negotiations that I don’t have in hand. If you’re able to get it in writing, we might be able to work something out.”
“What made you decide against taking the deal from them?”
“For that price, do they offer the same level of {Crucial Features or Services} that we do?”
These objections will counter their strategy or help them see why your solution is the better option. Negotiating price during a sales conversation this late in the process requires certain skill sets. We wrote an article about sales negotiation techniques that offers tips backed by sales professionals that can help you come away victorious from objections like these.

19
Q
  1. “Another Provider Offered Me a Better Deal” (With Proof)
    Sales Objection Type: Lack of Knowledge
A

This objection occurs when a prospect has found a better price with a competitor and has proof to back up their claim. Usually, the reason they’re objecting is due to being uneducated around your product or service. They just don’t see how your solution is a better choice when it has a higher price tag.

Example Sales Rebuttals
To overcome this sales objection, give the same rebuttals as the “I Found a Cheaper Product” ones above, after figuring out the name of the competitor. Emphasize what your product brings to the table that makes it worth more money. For instance, show them features that matter to the lead but that the competitor lacks. This will bridge their gap in knowledge causing the objection.

Again, below are the phrases to use to rebut this objection:

“Many companies can offer a cheaper product because they invest less in what their customers need. Check out some of what sets us apart that can offer a better value when considering the time and money that you save.”
“Does their product offer the {Relevant Feature or Service} that we do?”
“The reason company X is able to offer such a low price is because they don’t offer {Important Feature — e.g., 24/7 customer service} like us.”
After learning about why your solution is so powerful, the lead will likely start to see why price isn’t everything. They’ll question if the competitor can actually provide them such great service at such a low price, and they’ll start to view you as more valuable.

20
Q
  1. “Why Would I Need a Warranty?”
    Sales Objection Type: Lack of Knowledge
A

If you’re in an industry that offers a product warranty, customers will often try to flip your offer into an objection to shut the idea down. Their problem usually isn’t with your reliability, but with the idea of paying extra for a warranty. This is because they are unaware of its purpose.

Example Sales Rebuttals
To rebut this objection, focus on the value that the warranty brings, while also assuaging any new concerns about the longevity of the product. If they’re concerned about the product breaking, explain to them that this is extremely rare. If the lead pushes back a lot and there is an option to go without a warranty, simply offer it to them. There’s no need to lose a deal over a disagreement regarding the value of a warranty.

Below are some ways to handle this objection:

“The warranty protects you in case your work causes damage to the product beyond regular wear and tear.”
“The warranty ensures that you can refill the consumable parts of the product for free.”
“Our products are robust and have a long lifespan. However, we do offer protection to our buyers in case of the rare instance damage occurs.”
After your explanation, the lead should now have enough understanding of the warranty and confidence in the product to go forward with the sale.

21
Q
  1. “I’m Not Buying From You Again”
    Sales Objection Type: Irritation
A

This objection is caused by frustration, likely because the product or service hasn’t met the customer’s expectations or they had a bad experience with customer service. It’s very similar to the last objection, though a bit more hostile.

Example Sales Rebuttals
Overcome this objection by asking questions to figure out what exactly went wrong. Once you uncover their issue, you can express regret for its occurrence and offer a way to remedy the situation. Ideally, try to get some time on the phone to talk with them about the issue and solutions. This way you can make them view you as a human, and not just as some business they can easily write off as unsatisfactory.

Here are the ways to react to this sales objection:

“We would like to make sure we rectify any issues you had with the product. Could you explain what went wrong?”
“I apologize that we didn’t initially take care of you the way you expected, and I’d like to see if I can. Could I call you real quick to discuss the issue and how we could rectify it for you?”
“We’re sorry to hear that. We’d love the opportunity to help you feel the same way again. Is there anything we can do to provide you with a better experience?”
Hopefully, your response will encourage the customer to share more information about their source of irritation. And what you understand, you can likely fix. Also, as you engage in this discussion, the customer should grow less irritated because you are listening to them and trying to help.

22
Q
  1. “I Want a Refund”
    Sales Objection Type: Irritation
A

There are many legitimate reasons why a customer may want a refund, and if a product breaks and/or is covered by a warranty, then obviously you don’t need to worry about rebutting. This example is for those customers that are asking for a refund because they don’t like a product or service.

Example Sales Rebuttals
The strategy here is to give quality customer service and offer to educate the customer on how to get the most out of the product while showing you value them as a client. Be understanding and apologetic in order to ease any animosity they might be feeling toward your brand

Below are the best ways to respond to “I want a refund”:

“What is it that isn’t meeting your expectations? Could I offer some ways to get more out of the product in that regard?”
“I’m so sorry that you aren’t seeing the results you expected with our product. Could I offer some tips for you to use to enhance your experience?”
“I apologize that you aren’t enjoying the product. Unfortunately, {Reason You Cannot Give Refund — e.g., the warranty has expired}. But, please let me know what the problem was, and then we can offer you a {Concession}.”
In the best case, you’ll find a way to remedy the situation and avoid losing them as a customer. That could mean sending them a product replacement or scheduling a training session to help them get the most out of it. In cases like these, it’s important to go above and beyond to show you value them as a client. That way they’ll continue buying from you.

23
Q

Draw Out All the Objections:

A

‌Before you can formulate an effective rebuttal, you first have to discover all your prospect’s objections. That means you’ll need to find out if there is anything else on their mind that could lead to another “no” later down the line.

Essentially, you’re trying to avoid a never-ending cycle of objections. Thankfully, confining the objection and weeding out other potential reasons a prospect might say no is pretty simple.

For example, let’s say your potential client says that life insurance is just too expensive. After acknowledging their objection, you can ask them if they have any other concerns. It can be as straightforward as: “Thank you for sharing that with me, Mrs. Jones. I understand that cost is a significant concern. May I ask, if we’re able to find a way to make a policy affordable for you, are there any other reasons you might hesitate to purchase a policy?”

‌‌When you’re direct and ask about other concerns, you can address those worries head-on. By acknowledging your prospect’s objection, you’re letting them know you hear them and that you understand their concern. You also avoid wasting your time and theirs.

‌‌After your prospect thinks it over, they’ll either tell you they do or don’t have additional concerns. If they do have other reservations holding them back, keep isolating them. ‌‌On the other hand, if they say their first concern — in this example, the cost of life insura

24
Q
  1. “I don’t want to take a medical exam.”‌
A

This objection may be more common than you think. Nearly half of Americans say they’re more likely to buy life insurance if they don’t have to take an exam. Prospects may be reluctant to take an exam because they think it’s inconvenient or they’re worried about how the results will affect their policy. Thankfully, this is an easy objection to overcome.

The rebuttal: Offer an at-home exam or a no-exam policy
If your prospect is worried about convenience, most policies allow for a free, quick, and easy at-home exam. Because an exam-based policy can potentially secure the best rates, this is the best way to go. However, you can also offer no-exam life insurance policies. These may not secure your prospects the best possible rates but could meet their concerns for convenience and price transparency. Be clear about their options and you should be able to overcome this objection with ease.

25
Q

I Need To Speak With Someone else/”I’ll need to speak with my spouse/partner first.”

A

O.K _____________ that’s not a problem. listen I help many people in that situation, and its very common that someone seeking a burial insurance needs to speak with someone; ____________ here’s my professional advise that I tell people who are in the same position that you’re in… It very good that you’re going to speak to ___________; In order to give ______ accurate information, you first need to make sure that you’re going to get approved for the coverage and protection for your beneficiary that you want!. [ Is _______ going to be your beneficiary?] I advise you to go ahead and get the final telephone interview completed. After you get approval, you would be able to set-up your first payment, not to start until next month. So that’s what most people want to do; that way, when they go to speak with their spouse or children or whoever else will be involved funeral and grieving process, you will be able to tell them that you have been approved; plus you will be able to give them concrete and exact information. See, Buyer, because if you get denied coverage, your going to be in a completely separate category where the price and the product is going to be different. So most people first want to make sure that they’ll able to be approved. That way when you speak will your spouse or children, you will have exact and accurate information. [So, Buyer, would you like to go ahead and see if you will be approved?

[all we want to do now is make sure this is going to something that you going to be approved for; and if you like, we can always increase your coverage if you, your spouse and your daughter decided that you want to increase the amount you’ve been approved for or even reduce the amount you’ve been approved for, we can do that also. But again, the most important thing right now is to make sure that your going to be approved for this policy. This will only take a few minutes, I’ll go ahead an get that phone interview for you right now.

‌The “I need to talk to my spouse” response is a fairly common one. And it does make sense. After all, most married individuals make financial decisions together, and this decision directly affects the spouse as a beneficiary. While getting this objection might be frustrating, it’s an easy one to avoid.

‌Asking questions is an integral part of getting the life insurance sales process underway. As you’re getting to know the prospect, ask them if the policy is for them or their spouse or partner. When they answer, they’ll likely let you know whether they’re married or in a serious relationship, which gives you what you need to avoid the spouse objection.

The rebuttal: Involve both partners in the process
‌If your prospect tells you they’re married or with someone significant, ensure that both individuals are present at the time of your phone call or appointment. You could even go so far as to say that you’d like for them both to be available because you have questions for each of them.

If the spouse doesn’t show up or can’t make it, your best bet is to reschedule. ‌Rescheduling can be frustrating, but it will allow you to get the most out of your phone call or meeting. Plus, it helps you bypass the “I need to speak with my spouse first” objection. It can also help you avoid some significant complications later down the line.

‌Sure, you might not nail the sale right away. But it’s better than presenting your pitch twice, getting a chargeback, or having your new client suddenly stop making payments because the couple didn’t make the financial decision together.

26
Q

Your Policy is too expensive:
I’m on a Budget:
I can’t afford it:

A

Buyer I’m a broker in your state and I have access to many insurance companies with special low cost programs. I have a program that you may qualify for that is as low as $30.00 per month. I can give you a fee quote right now to see what you would qualify for. Believe is or not all I to do is ask you 3 quick questions and I can give you a free quote immediately.

27
Q

“I already have a life insurance policy.”

A

‌In some cases, you’ll come across a prospect who already has a life insurance policy. That doesn’t mean you should give up on them. You may still be able to win them over and earn a new client.

‌When you talk to a person who says they already have a policy, ask them about it. Sometimes, people think they have certain coverages when they actually don’t. Revelations like this provide you with opportunities and help your prospects better understand their coverage.

The rebuttal: Do a policy review
‌If you’re well versed in policy reviews, offer to do one for them. Maybe your prospect thinks they have a whole life insurance policy when what they really have is term life. Perhaps they’ve had a child since they first took out their plan. Or they may have undergone another significant life event — like a promotion or job change — that altered their circumstances.

In any of these cases, their needs might be different now than they were back when they first got their insurance plan. When you help them find what they need, you can formulate a solution that works best for them.

28
Q

“I have a policy through work.”

A

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‌Some employers offer life insurance policies to their employees. Individuals typically have one of two options:

A group policy: With a group policy, the insurance typically provides two to five times an employee’s wage. It usually comes with low to no premiums.
A voluntary plan: With this type of plan, the insurance premiums come out of the person’s paycheck. Their coverage depends on the style (and type) of insurance policy they choose.
‌Group policies are the most common life insurance policies people get through work. More often than not, these policies are term life policies that end upon retirement or when the person reaches a certain age.

The rebuttal: ‌Dive deeper into their work policy
‌If your prospect tells you they have life insurance through work, probe a little deeper. They might have coverage, but they might not know anything about it. Or they might not realize the coverage isn’t sufficient for their family’s needs.

By asking the right questions, you can isolate their objection and provide an appropriate rebuttal. ‌Start with a few basic questions about their policy. Ask them how much they’re paying each month or what type of coverage they have. There’s a good chance they don’t know the answer to either question. Their employer might take their insurance premium out of their paycheck, so they may only know how much they’re bringing home. And, as far as coverage goes, they might use their take-home pay or annual salary and double it for an estimate.

‌Ask if you can take a look at your prospect’s current policy so that you can see exactly how it works. Don’t be surprised if you hear, “I don’t have a policy on hand to show you.” Remember, they probably got the policy when they started their job, and they may not have thought about it since.

‌Your next question might be, “What happens if you get sick and can’t work, you retire, or you lose the job?” Your prospect may not know the answer. At this point, you can let them know that if or when they’re no longer employed, their policy likely goes away.

You can, however, help them find a private policy. Take some time to get to know who it is your prospect wants to protect, such as a spouse and young children. That way, you can help them create the perfect plan just for them. The best part is that they can keep it whether or not they’re working.

29
Q

“I don’t need a life insurance policy.”

A

.
‌This is one you’ll probably hear a lot. Many people believe that they don’t need life insurance. For instance, some people think they’re too young and that life insurance is just for older adults. Maybe they’re a single adult with no spouse, or they’re married with no children, and their spouse has a job of their own.

‌For the prospect who thinks they’re too young for a policy, ask them if there’s anyone in their life they’d like to protect. For instance, they might not be married, but their parents are still alive. If something were to happen to the prospect, their parents might get saddled with their credit card or student loan debts. A life insurance policy would help to alleviate their parents’ potential financial burden.

The rebuttal: Revisit the sales process
Occasionally hearing “I don’t need life insurance” is pretty standard in this line of work. Most insurance agents get this response from time to time. If your prospects say it frequently, you might want to walk through your sales process again to figure out where they stand. That way, you’ll be able to offer them a product that solves their specific problem, whether they know it exists or not.

The key here is figuring out where they are in life, what they’re looking to accomplish, who they want to protect, and what their budget is. In short, one of the best ways to avoid hearing “I don’t need life insurance” is to improve your selling and qualification tactics.‌

30
Q

“I need to think it over first.”

A

‌The “I need to think about it first” objection is common — and frustratingly vague. It doesn’t tell you much, which can make formulating a rebuttal more challenging. It’s not impossible, but you will need to do a bit more digging. Most prospects might not be willing to divulge private information or be completely honest with someone they only just met. So, what do you do?

The rebuttal: ‌Uncover the real objection
‌When you hear “I need to think about it,” your goal should be to uncover your prospect’s true objection. Start by trying to lower their defenses. Let them know that you understand that purchasing a life insurance policy is a major decision, and you get that they might need more time to think about it.

‌Next, ask them if they can be more specific about what they mean. When asking, make sure that your voice doesn’t sound aggressive or irritated. Aim for a gentle, genuinely curious tone. You’re trying to help your prospect feel more comfortable with you so they’re more likely to open up.

‌Once you’ve posed the question in a calm, reassuring manner, one of two scenarios will likely unfold:

They’ll continue evading. You’ll continue to hear things like “I don’t know,” “I’m not sure about this,” or “I need some time to look this over.” In that case, you may just need to give them time and try again later.
They’ll share their real objection. You might hear, “I don’t know that this plan’s the right one for me,” “it’s too expensive for me right now,” or “I don’t know much about your company.” When they let you know their real concerns, you can then work to isolate and address them.

31
Q
A

“I’m not interested.”
‌”I’m just not interested.” Those four words can be the most disheartening ones you hear as a life insurance agent. They sound so final, as if there’s nothing else you can do to change the prospect’s mind. Look at it this way, though. How could someone not be interested in something when they don’t even know what that something is? Along the same lines, how could they not be interested in a life insurance policy if they don’t yet know how life insurance works?

‌Sometimes, prospects will cut you off with “I’m not interested” before you can even begin your script. While frustrating, it does present you with an opportunity to get right back on track.

The rebuttal: Find a way to demonstrate value
Address their statement immediately, so they know you hear them. Try something like, “I understand that you might not be interested in a life insurance policy, and that’s okay. But may I ask you for just a few moments of your time so that I can show you how life insurance works and how it can help you protect your loved ones?”

‌If they give you the green light to continue, get right back on your script and keep going. You now have the chance to show your prospect the value of purchasing a life insurance policy. You can earn their interest and start helping them create a personalized plan.‍

‍‌What if the prospect says they aren’t interested later?
If your prospect shows interest early on and listens to what you have to say but then says they aren’t interested, you might need to review your script. Maybe you didn’t do a good enough job building the value of a policy. Revise your pitch so that it’s more attractive to your prospects and keep trying.