Tag Archives: Sales Coaching

Objection Handling: Common Sales Objections & How to Respond

If you’ve worked in sales for any length of time, you’ve probably faced at least a few objections from prospects and customers. Objections don’t always have to be a hard no. In fact, when a prospect gives a reason, they’re presenting you with an opportunity to clarify or reiterate the value proposition and address their specific concerns. But objection handling is truly an art, and you have to make the most of these moments when they present themselves. Usually you only have a brief opportunity to communicate and clarify before the call or meeting comes to a close.

Here are a few common objections and some thoughts on how to address them:

We already work with [competitor or similar product].

It’s so important to understand why you’re unique—to understand why what you offer is unlike anything else—and be able to explain it in clear terms. We’re all busy people, and something made your prospect think of an existing vendor or software. This is your chance to change their mindset and explain why they need the specific value only you can provide. Make it clear you don’t want to send their current tools or process into upheaval, but you would like to take time to explain the value. 

But does your product do a specific thing or have a certain feature?

More than an objection, this can feel like an obstacle to qualifying or setting up the next appointment. It can be hard not to climb into an in-depth conversation about features, benefits, and example scenarios. Take questions like this as a sign of interest and offer to set up the next appointment with a specialist who can answer these questions and more as they come up.

Email me the information. I’ll get back to you.

If this feels like they’re brushing you off, it’s because they are. But that doesn’t mean it’s futile. Depending on when it comes up in your conversations, there’s still opportunity to get and hold their interest. For example, if you’ve already delivered your value proposition and talked about what you do, they might still be interested. But whenever it comes up, you need to understand where they are. You can ask specific questions to understand their specific needs more clearly, figure out if they don’t understand the value, or aren’t ready to discuss making a purchase. Once you understand where they are, you can respond accordingly.

Let’s connect another time/next quarter/etc.

Like you, prospects are busy and trying to make the most of the limited minutes and hours we have in a day. If they can push a call to another day, they will. But you can briefly express the value of your solution and ask them to make the time. Perhaps even clarify that it isn’t a buying conversation—you just want to show them what you do or set up a demo, and if they’re not interested then they don’t have to worry about you continuing to reach out.

But don’t forget: It’s important to know when no really does mean no. If they hear you out and still say no, it might be time to let it go. You can’t qualify a prospect against their will, and you don’t want to make them uncomfortable. 

At the end of the day, an easy-to-navigate, dynamic database of these questions and objections can help you and your team ensure and increase success. If you’d like to see what Cue can do for you, from handling objections to providing a wealth of other resources, reach out to us for a free trial.

6 Blogs Every Sales Professional Should Read

We know, it probably doesn’t feel like reading a blog is the best way to help you meet your targets. Time scrolling or swiping through a blog is time you aren’t coaching your team or refining your sales strategy, reaching out to a prospect, or updating your framework for qualifying leads.

But whether you’re an executive, a sales manager, an account executive, or a customer success rep, gaining wisdom and insight from others can help you reach your goals more quickly and effectively.

Here are a few blogs we’re reading these days to help us learn new skills, stay motivated, and refine our strategies:

Sales Hacker

Sales Hacker is great for reps, managers, and executives in B2B organizations. Rich with everything from blog posts to ebooks, webinars, and more, there are options for a variety of learning styles to get the latest strategies. On this site, you’ll find an abundances of tips for everything from social selling and sales enablement to qualifying, prospecting, and calling.

Sales Benchmark Index

The content on this blog has one purpose—to help you meet and exceed your quotas. With insights, articles, and reports on diverse topics and a variety of industries, sales managers and leaders should bookmark and return to SBI frequently.

The Make It Happen Blog by John Barrows

Barrows write in an engaging and relatable way, peppering his blogs with interviews and stories from his days as a salesperson and current work as a sales trainer with top brands. The topics he covers include addressing and anticipating common objections, giving better presentations, and more. He also has a podcast, Make It Happen Mondays.

(Here are some of our favorite business and sales podcasts.)

The Sales Leader

The title gives away this blog’s target audience, but sales reps and other team members could also benefit from Colleen Francis’ insights on pipeline management, productivity, and other best practices. If you’re looking for direct, approachable, and actionable sales strategy, this one’s for you.

LinkedIn Sales Solutions

An ever-increasing number of organizations are emphasizing social selling, and LinkedIn is often essential to a successful social selling strategy. Their blog provides the latest trends and techniques from experts in this transforming space, as well as basics for sales reps that are just getting started or implementing a new social selling strategy.

The Sales Blog

Anthony Iannarino, author of The Only Sales Guide You’ll Ever Need, updates his blog almost daily with insightful strategies and thought leadership content. Equal parts practical and motivational, his posts are easy to read and incorporate into a sales rep’s daily workflow.

How do you stay up to speed on the latest trends and insights?

Tell us on Facebook, Twitter, or LinkedIn.

3 Tips For Sales Coaching Success

Sales coaching is an art and a science. And it’s a key component to effective sales management. In fact, today’s sales leaders count coaching as one of their top priorities at work, investing more time and effort now than ever before. Yet not all salespeople who get coached—even by the best coaches—do better.

Keep these tips in mind to help your teams get results:

FOCUS ON THE MIDDLE

Leaders often prioritize the top and bottom performers on their teams. They want the lowest performers to meet their quotas, and they want to help the best reps keep doing what they’re doing. But what about the middle?

Sales Executive Council leaders and authors of The Challenger Sale, Matthew Dixon and Brent Adams, explored how sales reps performed and how often they met their targets—from the highest performers to the lowest. They found that coaching didn’t make as significant an impact with the weakest or strongest performers. Instead, with the right tools, average-performing reps made the most progress—successfully delivering a buying experience that led to growth and customer loyalty.

When all is said and done, who you coach matters just as much as how you coach.  

REWARDS AND INCENTIVES WORK—IF THEY’RE EFFECTIVE

Sales contests, incentives, and individual prizes work when they’re changing behaviors, not reinforcing existing ones.  It isn’t as helpful to just offer cash to the first rep that makes a sale that day.

Are there things that your sales team is doing that you’d like them to stop? Or things they aren’t doing that you’d like them to? Design your contests and personal rewards around those actions. It might look like extra incentives for team members who hit a target number of sales for a specific product or working with an individual rep to identify opportunities for improvement and rewards for that improvement.

If you’re not sure what to offer as a prize, learn what motivates your team members. Don’t be afraid to ask them directly.

LEARN WHAT DRIVES YOUR TEAM

Each person on your team is unique. And programs like rewards and incentives work best when you understand what each salesperson’s drivers are. Yes, most of them are motivated by making money, but their goals for that money are probably different. Someone might be saving for a wedding, another might be paying off student loans. And some of your reps probably work in sales because they are self-motivated and enjoy the autonomy.

Take the time to get to know your team. Learn what their priorities are in their personal and professional lives. Ask them about their short and long term goals, how they get and stay motivated, and discuss what steps to take if they don’t seem motivated—for both you and the individual rep. These insights will help you understand how to coach each individual effectively, as well as help you get a better view of your team as a whole.

And in these conversations, tell your team members how they’re contributing to the company’s success. Give them more than financial goals, setting targets that help them feel fulfilled in ways that aren’t just monetary. Help them think beyond quotas and selling specific amounts. Instead, identify what matters to them—is it breaking a company record? Or selling in a specific market/industry?

Revamping your coaching strategy? Better conversations start with Cue. Try it today!