Sunday, October 24, 2021

New Ways to Handle the “I Need to Think About It” Objection


New Ways to Handle the “I Need to Think About It” Objection
Your task is to discover what is really holding them back. There is a genuine objection behind their statement. Your goal is to discover that objection. Use these rebuttals to get your prospect talking to you, to get them to reveal what is really holding them back, and then maybe, just maybe, you’ll have a chance to close the deal.
“I need to think about it”
Response:
“_________, obviously there is something that either doesn’t make sense to you, or you need to check on something, I’m not sure. But procrastinating on this won’t help make this decision easier for you. Let me ask you this: What proof do I need to give you right now that this will work for you, to help you make that decision?”
Response:
“You know ________, whenever someone tells me they have to think about it, it’s usually because the price isn’t exactly where they would like it to be – is that part of what you need to think about?
[If Yes]
Thanks for sharing that with me. Let me tell you why we price this the way we do, and what you get for that pricing…
[Break down each part of your product/service and justify/build value in your price. When done]:
You see _________, you get what you pay for with this and then some. Let’s go ahead and put this to work for you so you can start enjoying the benefits today…”
Response:
“__________ I understand that thinking about it might make sense right now, but help me to understand something – what exactly is holding you back from this today?”
Response:
“_________ let me ask you: if I could email you right now testimonials from other clients that describe how much success they’ve had with this program, how much of a difference would that make for you right now?”
[Listen carefully here. If this won’t get them to move forward, then]:
“Then, please, I love to learn, what specifically is holding you back from deciding on this today?”
Response:
“_________, as you think about the reasons for either moving forward with this or not, I also want you to think about:
Get your prospect to consider how much time, money, and energy has not deciding cost them?
“How much has not deciding been costing you each month?”
AND
“And tell me, how much time do you and your (wife, husband, partner, etc.) spend on deciding each week?”
AND
“And how much more money could you (and your family) benefit from an investment in your child/children make if you finally found a school that worked for you?”
AND
“And when you think about all the time and energy you’ve already spent thinking about this, how much has THAT cost you so far?”
AND
“And if you continue to procrastinate, how much more do you think THAT will cost you?”
AND
“If you went with our school and it worked for you, how much would you save/make?”
THEN
“As you can see, continuing to “think about this” has done nothing to fix it and it has only cost you time, money and energy! So why don’t you finally do something about this today and starting reaping the rewards right now. Here’s what we need to do….”
Response:
“I understand that you’re not quite ready to decide on this. Out of curiosity, what factors do you still need to consider?”
AND
“And what kind of proof would you need to decide to go with us?”
AND
“And what else might hold you back from doing this with us?”
Response:
“If there was one thing that would get you to say yes on this today, what would it be?”
Response:
“__________, generally whenever I tell someone I need to think about it, one of three things is going on: A) I’m either weighing other options and want to make sure I’m getting the best deal; or
B) What I’m looking at just doesn’t fit exactly what I need so I want to keep looking;
C) It’s too much money….
“Which of those three things is happening for you right now?”
These rebuttals will work in a variety of situations if you take the time to customize them to your product or service, and then use them consistently. Ultimately, what you’ll find is that if you can get past this smokescreen to the real reason they’re not moving forward with you, then you’ll have the chance to either build value or clarify something they either don’t understand or misunderstand. And once you do that, you’ll finally have a shot at winning their business.