27
Turning Around Objections

No pressure, no diamonds.

—Thomas Carlyle

You're at the end of the sales process. After advancing through a series of micro-commitments, you've delivered a masterful presentation and walked the buyer through the proposal. He agrees that your recommendations to solve his problems will work. It feels like everything is a go. You ask confidently for his business. Then…

“Well, I'm going to need to think about it.”

Ugh! What do you have to do to get this guy to act? You fantasize about reaching across the table, grabbing him by his collar and screaming, “Sign the damn contract!”

Instead you present a feeble rebuttal and walk away with a sliver of hope and vague promise from the stakeholder to “call you sometime next week.”

Objections suck.

Seriously, think about how much better life would be in sales if, when closing, buyers just smiled and said, “Your proposal sounds great! Where do I sign?”

But that doesn't happen. Instead you get hard questions, pushback, negotiation, and objections, which trigger a flood of disruptive emotions.

These emotions hit you like a ton of bricks the moment you get an objection. You feel like you've been punched in the gut. Your brain turns off and you stumble over your words. You feel embarrassed, small, and out of control. Sometimes you freeze like a deer in the headlights, paralyzed, unable to formulate any move at all.

Yet, it's here, at this very inflection point of rejection and emotion, that the rubber meets the road in sales. It's the skill and poise to effectively turn around objections that gets you to the next step, keeps your deal advancing, and closes the sale.

How Salespeople Create Objections

There is no magic pill that makes dealing with objections easier. When you've got a deal on the line, especially one that you have invested in heavily, that moment when your prospect is hovering between yes and no is excruciating and awful.

Life will be much easier, though, if you avoid creating resistance and objections in the first place. Salespeople create objections and resistance to change because they:

  • Lack confidence when asking and don't assume they will get what they want. Since people respond in kind, when you are weak and passive, the probability that your prospect will respond with an objection like “Let me think about it” is high.
  • Fail to build a case for change. Rather than doing deep discovery, asking questions, and offering unique and personalized recommendations, they regurgitate generic marketing collateral and hand over a price sheet.
  • Assume they know what their stakeholder wants and in doing so miss emotional cues and focus on the wrong issues. People buy for their reasons, not yours.
  • Fail to understand the BASIC map and are engaged with a person who is unable to make a buying decision.
  • Fail to qualify properly and are working with a low-probability prospect that is not in the buying window and due to timing, budget constraints, or contractual obligations does not have the ability to buy.
  • Fail to align the sales process with the buying process and are closing too soon or too late.
  • Are guilty of shallow discovery, winging it, and taking shortcuts.

The most effective ways to eliminate resistance and objections is to follow the sales process and avoid skipping steps and asking directly and confidently for what you want. An assumptive, confident ask will break through potential objections where nothing else will.

Status Quo Bias and Why Buyers Object

Stakeholders throw objections at you because they:

  • Are afraid of the transition from one vendor to another and the disruption this might cause for the business and the pain for themselves.
  • Feel doing business with you is too risky for themselves or their organization.
  • Hate conflict and are uncomfortable firing their current vendor in order to do business with you.
  • Don't trust you.
  • Did not buy into your recommendation(s).
  • Have legitimate questions about your proposal.
  • Are afraid of or uncomfortable with change—they are wedded to the status quo, no matter how dysfunctional.

Here's a blinding flash of the obvious: humans don't like change. We actively work to avoid change. We stick to our routines and favorites. We live by the heuristic “If it ain't broke, don't fix it.” And God forbid, when someone even suggests that a change might be made, we become anxious, cynical, and rebellious—even if that change is in our favor.

There is always the underlying fear that a choice to change will be the inferior choice or will make things worse.

This status quo bias is the number-one reason stakeholders throw out objections and deals stall in the late stages of the sales process, ending in “no” decisions.

In his book Thinking Fast and Slow, Daniel Kahneman, the father of heuristic and cognitive bias research, writes:

Organisms that placed more urgency on avoiding threats than they did maximizing opportunities were more likely to pass on their genes. So, over time, the prospect of losses has become a more powerful motivator on your behavior than the promise of gains.1

This safety bias causes your brain to be more aware of bad things (what could go wrong) than good things (what could go right). In evolutionary terms, you might miss the opportunity for a good thing such as a free lunch. But, if you are not paying attention to danger in your environment, you could end up being lunch—a very bad thing.

As humans, we tend to be attracted to safe choices and safe environments. Salespeople, as a rule, are not perceived as safe. You pose a threat. Now, hitch the safety bias to the status quo bias and you have a formidable emotional wall between you and the stakeholder you are attempting to influence to make a change.

These pernicious cognitive biases, working in concert, cause your stakeholders' subconscious to magnify every flaw, every risk, and every concern about you and your proposition. They feel uncertain, unsure, and afraid. Therefore, they choose staying put, doing nothing (the status quo) over change. Even in untenable situations in which change is necessary for survival, people will cling to the status quo: “Better the devil you know than the devil you don't.”

It's maddening for salespeople who lead thirsty horses to water but come push, shove, and cajoling cannot make them drink. For salespeople, despite all the concern about the competition, the status quo is and will always be their most formidable adversary.

In a world driven by relentless, disruptive change, for the risk-averse the status quo is king. Whether you are trying to persuade others to accept new ideas, influence a prospect to change vendors, coax a customer to purchase a new product, appeal to a company to adopt a new system, challenge a team of stakeholders to accept a new process, or just get to the next step, the greater emotional pull, no matter how illogical, will always bend back toward the status quo.

Average salespeople respond by fighting back. They default to pushing their stakeholders to accept change—attempting to argue them into believing that their fears are unfounded. In doing so, average salespeople confirm the stakeholder's negative stereotype of salespeople and trigger the safety bias. To avoid the discomfort of this confrontation, the stakeholder disappears.

Ultra-high performers (UHPs) help stakeholders move past their status quo bias by helping them acclimate to change though priming and micro-commitments.

An example of the priming process is introducing the stakeholder to the next-step ask during the sales call agenda rather than surprising them at the end of the call. Priming change is also accomplished during discovery through questions that allow the stakeholder to talk about a desired future state.

A series of micro-commitments prepare stakeholders for change. Micro-commitments are just that, small, easy-to-consume steps. As stakeholders get used to small changes, it becomes easier for them to make big changes.

Trust, however, is the one emotion that breaks the gravitational force of the status quo. Although few decisions are completely risk free, trust plays a key role in reducing fear and minimizing risk for stakeholders. The more they trust you, the higher the probability they will comply with your requests, accept your ideas, and buy from you.

But if you have failed to build and nurture trust, you'll run right into the status quo wall. You may have checked every box. You may have answered four of your stakeholder's five most important questions with a resounding yes!

  1. Do I like you? Yes!
  2. Do you listen to me? Yes!
  3. Do you make me feel important? Yes!
  4. Do you get me and my problems? Yes!
  5. Do I trust you? No! (win probability zero)

But it won't matter unless you have trust. Trust, above all things, trumps the status quo.

You Cannot Argue Stakeholders Out of an Objection

Traditionally, sales trainers have taught salespeople to “overcome objections.” I often hear trainers use the phrase “combatting objections.” Overcome means to defeat or prevail over an opponent.2

Average salespeople attempt to argue stakeholders into changing their minds—to prevail with debate. This is the reason stakeholders often obfuscate, put up smoke screens, and lie. They expect when they say no that they'll face a battle and be disrespected.3

Overcoming doesn't work. It has never worked. Even when salespeople do manage to get prospects to say yes this way, it is in spite of, not because of, debate that they prevailed. You cannot argue your stakeholders into believing that they are wrong. The more you push, the more they'll dig their heels in and resist you.

The act of overcoming (or worse, combatting) creates animosity, exasperation, and frustration for both the stakeholder, who gets bulldozed with a pitch about why they are wrong, and the rep, who creates even more resistance and harsher rejection with this approach.

There is a better way. Ultra-high performers don't view stakeholders as adversaries. Rather than attempting to prevail in an argument, UHPs leverage the way the brain works to paint patterns, disrupt the stakeholder's expectations, turn them around, and pull them in.

Five-Step Objection Turnaround Framework

Everything you've learned in this book is designed to lower the probability that you get objections. When you've aligned the three processes of sales, mapped and managed the stakeholder array, advanced your deal through the sales process one next step at a time, and answered the five most important questions in the affirmative for each stakeholder, closing the sale gets much easier.

When you've done everything right, most objections are either legitimate questions that need to be answered or sincere negotiating that is mistaken for an objection. For example, I love it when a stakeholder says, “Jeb, we really want to do business with you but….” This means I've closed the deal. The stakeholder has made a commitment to me. All we need to do is negotiate the “but.”

It's important to remain alert for objections that are really buying signals so that you don't walk on them.

Ultra-high performers leverage the Five-Step Objection Turnaround Framework (Figure 27.1). When responding to questions, objections, and attempts to negotiate, this framework serves to help them manage disruptive emotions, isolate the real issue, and work through it with their stakeholder without doing harm.

Figure depicting five-step objection turnaround framework that are: relate, clarify, minimize, ask, and fall back.

Figure 27.1 Five-Step Objection Turnaround Framework

Relate

This step, much like the ledge we use when dealing with reflex responses and brush-offs to next-step responses, serves the purpose of giving your rational brain time to catch up and gain control of the disruptive emotions generated by rejection.

Buyer: “Your prices are high compared to your competitors.”
You: “I get how you might feel that way. They sometimes do seem a little higher than our competitors, and no one wants to pay more than they should.”

The key is to simply relate to stakeholders, like a human—to get on their side and demonstrate that you get them. This disrupts their expectation that you will argue with them—pulling them toward you rather than pushing them away. Relating also gives your rational brain a chance to catch up and gain control of the disruptive emotions that were triggered by the perceived rejection.

Clarify and Isolate

To effectively deal with an objection, you must ensure that you are addressing the right objection and that you and your stakeholder are on the same page. If you aren't speaking the same language or addressing the right issue, you'll end up going in circles or mistaking a buying or negotiating signal for an objection.

You: “I'm just curious. When you say our prices are too high, from your standpoint what does that mean?”
Buyer: “It's the monthly rate. You are 10 percent higher than what we are paying now.”

Stakeholders are not always clear or straightforward with objections. At times, they are confused. In some cases, they want to avoid the pain of conflict so they throw out an objection they feel will shut you down and end the conversation quickly (this is a common occurrence with the consensus builder style type).

Never, ever assume you know what your stakeholder means. Always clarify. Then isolate the objection.

Average salespeople have the bad habit of pouncing on the first objection they get. Unaware that there are multiple concerns, they wear themselves out getting past the first objection on the table, only to be blindsided by yet another objection.

UHPs always stop and check before moving on to be sure there is nothing else hiding in the weeds.

You: “Okay, got it. Other than that, is anything else bothering you about our proposal?”
Buyer: “That's it. I'm going to have a hard time justifying the increase in monthly rate to my boss.”

Sometimes when you isolate you'll find that the first objection was just smoke. Isolating reveals the true and pressing concern.

You: “Okay, got it. Other than that, is anything else bothering you about our proposal?”
Buyer: “I just heard from our current vendor that we are facing a significant cost to make a change. Your cost is already more than what we are paying with them, and I'm not sure I can justify to my boss why making a change is worth it.”

Minimize

You cannot argue other people into believing that they are wrong. But this is exactly what many salespeople do. They view the buyer as an adversary who must defeated or beaten down to win. This tactic rarely works and when it does buyers often renege on their commitment once they've had time to reflect on what happened.

The real key to turning around the objection is to minimize your stakeholder's concern or fear of change. Humans hate change, which is why the status quo has such a powerful gravitational pull.

You have a powerful influence lever on your side, though, called cognitive dissonance. Throughout the sales process, you've asked for and your stakeholder has committed to a series of micro-commitments.

If you did your job in discovery, you created awareness of the need to change and helped your stakeholder articulate the reasons for change. When you bridged your solutions to the problems, the stakeholder agreed with your recommendations and solutions. Along the way, you've collected a pocket full of yeses.

Each time your stakeholder made a new micro-commitment, each time you asked, “Do you feel this will work for you?” and he said yes, at the subconscious level he moved into that future state. Yet at the point of decision he wavers, torn between his desired future state and the perceived safety of the status quo.

To you the decision is rational and obvious, but he is lost in an emotional haze. If you argue, you push him toward the status quo and you lose the deal. Instead, you must minimize his fears, accentuate the benefits of change, and allow the pain of dissonance to shake him from his comfort zone.

You: “When we were discussing the service issues you were having with your current vendor, you said that those issues are costing you around $1,100 a month in lost wages and around $4,200 a month in missed sales. Did I get those numbers right?”
Buyer: “Yep, that sounds about right.”
You: “You said you felt that the plan I recommended would make it easier for your service team to take care of customer issues which would improve customer retention.” [Pause to allow the buyer to fill in the silence.]
Buyer: “I like the plan, and I do think it will work for us. I'm just concerned about the price of putting it into motion.”
You: “I remember that you said your boss was riding you over the lost sales and that was her most pressing issue, which is why you agreed to meet with me in the first place. Streamlining the clumsy process and the hoops your customers are forced to jump through just to make a small purchase will fix the issue immediately. That should make Angela happy, right?”
Buyer: “That's why we need to make this change. If we fix the sales problem, she'll be thrilled.”
You: “When I do the math, you are losing $63,600 a year by sticking with your current vendor. Of course, you are right—working with us does mean you need to build a little bit more into your monthly budget.
“However, once we implement our program and we eliminate the lost sales and payroll costs, you'll save $34,800 a year. Essentially, making the move is putting money in your pocket.
“Even with the $10,000 your current vendor says it will cost you to make the change, and I believe we can negotiate that down, you get an ROI of almost $25,000 in the first year.
“I'd say with the improved customer retention, increased sales, and better experience for your employees you've got a good case for making the change.”
Buyer: “Ah, I hadn't looked at it that way.”

As you gently remind your stakeholder of what he has already committed to, he feels a subconscious tug to remain consistent with those commitments. To do otherwise creates painful cognitive dissonance. This, in turn, makes it easier to break the pattern of status quo.

Ask

Once you've minimized your stakeholder's objection, you must confidently and assumptively ask again.

You: “Based on these numbers, it doesn't make sense to wait, so why don't we go ahead and get this started?”
Buyer: “I agree. What are our next steps?”

If you wait for your stakeholder to do the job for you, the status quo will come crawling back in and you'll end up with another “I want to think about it.” Ask directly and assumptively for a commitment once you've minimized your stakeholder's concern.

Fall Back

Even though you've covered everything, you may still get a no. It is important that you avoid a pitched battle and that you walk away with an alternate commitment. By maintaining forward momentum, you avoid a stall.

Buyer: “It sounds good, and I think we are almost there. But I need to go over the math one more time before we make this big of a commitment. Give me a week or so and I'll get back to you.”
You: “I'm going to be back over this way next Thursday. Why don't we get together at 11 AM and make a thumbs-up or thumbs-down decision then?”
Buyer: “Sounds good.”

If you end up with a vague “We need to talk this over—how about you give us a call late next week?” there is a high probability that your deal will stall and die.

You must get something. Be prepared with a fallback request. The request might be for:

  • Scheduled meeting
  • Beginning the implementation process
  • Additional demo
  • Pilot
  • Smaller purchase
  • Alternate product or package

It helps to have your fallback position planned prior to your closing call. In fact, it's a good idea to practice and role-play all the potential objections you may get, in advance.

Practice the worst-case scenarios—a great activity for the murder board. Put every potential objection and response on the table and work through the five-step process until you handle them all with ease.

I've found that practice helps build obstacle immunity, prepares you to manage disruptive emotions, and makes it far easier to think on your feet, in the moment. You will also find that when you plan and practice in advance, the actual objections you get at closing are far tamer than what you initially expected.

Notes

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