The Sales Training Series - Dealing With Sales Objections and Stalls

Most salespeople think of "stalls" and "objections"before the stall arose.
as synonyms. Wrong. Stalls and objections arePresent the USB.
both things you may hear after you have askedAsk for commitment again.
for commitment, but an objection is a specificIt works like this: "I understand. You like ____,
reason not to buy. In a stall-"I need to think about_____, and ____ about our product. With our
it"-the customer offers no particular reason for_____ policy (the USB), you can try it with no
hesitating.risk at all. How does that sound? (Customer
Almost all salespeople buy in to the stall. Veryresponds.) Would you like to go ahead with it
few ever get the deal once they do.then?"
What the stalling customer is really saying is this:Far too many salespeople fail to ask for
"I'm not quite sold yet. Sell me some more." Wellcommitment even once in a sales call. With this
then, by all means, do some more selling. But do itstall-breaking method, you are asking twice. And
right. Here's how:you have followed the customer's lead by doing
Never challenge a stall. Since the customerexactly what the stall really asked you to do: "Sell
offered no specific reason for hesitating, don'tme some more."
force him to come up with one by sayingBelieve it, you will make more sales!
something like, "What is it that you need to thinkIn The Field:
about?" Challenging stalls creates conflict, not sales.Equity Residential is the largest apartment leasing
Don't try to manipulate the customer. If you'vecompany in the United States. In a tough
learned any manipulative sales techniques, forgeteconomic climate, Equity decided to invest in
them. They do more harm than good. The olddeveloping the selling skills of its leasing
"feel, felt, found" method rarely worked even inconsultants. Needless to say, these consultants
its heyday, and it certainly doesn't work today.often hear stalls such as, "Let me think about it
Identify a Universal Stall Breaker. The USB is aand I'll get back to you."
capability of your product or your company thatEquity has a Service Promise Guarantee that
minimizes the risk to the customer who buys.minimizes the risk for customers who choose to
Every company has one. Yours might be arent. "But prior to the Action Selling sales training
money-back guarantee, a no-hassle return policy,program, we presented our Service Promise
a try-and-buy arrangement, extended terms, orGuarantee as just another feature," said Jonakan
an unusually comprehensive warranty. WhateverO'Steen, director of education and leadership
this capability is, do not present it to thedevelopment. With their eyes opened to a new
customer up front. Hold the USB in reserve, inway of looking at stalls, Equity's consultants
case you hear a stall when you ask forquickly identified the guarantee as their Universal
commitment.Stall Breaker. That is now how they use it.
When you do hear a stall, follow this procedure:"It's easy to get stalled when working with
Say, "I understand."rentals," O'Steen said. Or, rather, it used to be.
Restate the product features the customer liked