Types of objections Flashcards
Provide Examples
Hidden objection
The prospects don’t tell the salesperson what is really going on. As they hide their true feelings due to various reason:
- They feel the truth is none of the salesperson’s business.
- They don’t want to offend the salesperson.
- They want to mislead the salesperson.
Such hiding from the prospecting that you don’t have money to purchase the product.
The stalling objection
The prospect raises an objection that will hold of making a decision, so they are not forced to make a decision immediately.
- Driven by fear
This is to avoid making a decision you’ll regret later. Such purchasing something you not sure you need.
The lack of interest
When prospects say they don’t need the product, or they are not interested in changing supplies. This objection may be a smokescreen or genuine.
The financial objection
The prospect raises an issue related to the financial costs of the product. This objection is often price related or budget related.
The product related objection
Targeted at specific product features, or the lack thereof. No product will ever meet the needs of the buyer.
The company objection
Directed to the salesperson company or brand, that he/she represents. Where prospects have developed a dislike for the company, product or for you personally. May be caused by past bad experiences.