How to Handle: “I want to speak to some references.”

How do you deal with the “I need to speak to some references” objection? Do you cave in and happily send your prospect two or three clients who are satisfied with your product or service? And if you do, have you ever found that some of those prospects never call you back?

As you already know, when someone asks for references there is usually something they are not sold on. They are either not convinced that your product or service will work in their environment, or they might feel they don’t need everything you’re offering, or the price may just be too high. Or this stall could just be a smokescreen hiding the real reason which is they just don’t want to tell you “no.”

Either way, just handing over references without digging a little deeper and finding out what is hiding behind this smokescreen is almost always the wrong thing to do. What you need are different approaches that get your prospect to open up and tell you what their real concerns are. And the way you do that is by using a best practice script.

In my new book, Power Phone Scripts, 500 Word-For-Word Questions, Phrases, and Conversations To Open and Close More Sales, I give you a ton of new responses for the objections, stalls and other situations you get into, and in today’s blog, I’m going to take a page out of that book and give you four scripts that will help you deal with the references stall.

These four responses will range from the stronger approach of “Do you think I’d give you a bad reference?” to the softer approach of, “Let me know what areas of concern you have so I can match you up with the right client to speak to.” Like all the scripts and techniques I teach, it is up to you to choose the approach you feel most comfortable with, and then personalize it so you don’t sound like a robot.

But the bottom line is that once you have scripted out a best practice approach to handling the objections, stalls, and resistance statements you get – day in and day out –  the better your results will be (meaning you’ll make more money.)

Give these responses a try the next time you get, “I want to speak to some references”:

Stall: “Do you have some references I could call?”

Response One:

“Absolutely.  As you can imagine, I have a folder filled with happy and satisfied clients.  But _________, let me ask you – do you think I would give you a bad reference?”

[Let them respond]

“Of course not.  I’m only going to give you clients who love us and what we do for them.  So what that tells me is that there is something you’re either not convinced will work for you yet, or that you don’t think this is quite the fit you’re looking for.  So, while you have me on the phone, please, level with me – what’s the real issue that’s holding you back?”

Response Two:

“I’d be happy to provide you with a reference or two, and let me ask you: if after you speak with them you hear what you need to hear, are you going to move forward with us and put us to work for you?”

[If yes]

“Great!  Then hang on just a moment and let me get a client on the phone, and I’ll conference you in.  After you’re done with your conversation, we can get you signed up…”

Response Three:

“_________, when someone asks you for a reference for your company or service, have you ever found that some people never even call the references?”

[Let them respond]

“And don’t you get the feeling that there is just something that’s holding them back and they just aren’t quite sold on your company yet?”

[Let them respond]

“Well, since you’ve got me on the phone right now, why don’t you tell me what’s holding you back or what you’re concerned with, and I’ll see if I can answer it for you.”

Response Four:

“I’d be happy to.  Now ________, as you might imagine, I’ve got all different kinds of clients using this, so do me a favor: let me know the things that are concerning you, and I’ll then match you up with the right reference who can address those things for you.”

As you can see – when someone asks you for a reference, the most important thing you can do is isolate this stall and get your prospect to reveal what the real concern is. Unless you find out what that is, not only will your prospect not call your reference, but they may never call you back again either.

Don’t Answer Objections, Isolate Them

Most sales reps hate getting objections. Their hearts sink into their stomachs, their palms start to sweat, and they start wondering how they’re going to pay the rent. Sound familiar?

When sales reps ask me how they should handle objections, they are often surprised by my answer. I tell them they shouldn’t answer them, they should isolate them. When they look confused, I explain:

“Let’s face it,” I tell them, “most of the time objections are just smokescreens hiding real objections that your prospect doesn’t want to disclose. As soon as you begin answering objections, have you ever found that they have another and yet another?”

“Oh, yeah,” they say.

“So here’s the secret to handling objections: instead of answering an objection, you must first isolate and question it,” I tell them.

To show you all what I mean, let’s take two of the most common ones – “Your price is too high,” and “I need to speak with, talk to my wife/partner/etc…”

If your client says, “Your price is too high,” before you try to overcome it, isolate it first. Try either:

“Okay, and besides price, what else would prevent you from going with me today?”

This is great in that it gets a prospect to reveal what is hiding behind the price objection. This also works:

“I can understand that, and let me ask you a question — if this price was exactly what you were willing to pay, is this (your product/service, etc.) the solution you would go with today?”

Now that you’ve isolated the objection you will see if price really is the only objection. Any answer other than ‘yes’ means price isn’t what is stopping your prospect form moving forward (which means you have more work to do to find out what is!)

Same thing with the “I’ve got to speak to, talk this over with….” objection. You should say:

“I can totally understand that. And _________ let me ask you — if you did speak with ________ and they said whatever you thought was fine with them, what would you tend to do next?”

Again, any answer other than “yes” means this objection is just a stall. Answering it will get you nowhere.

Do you understand now why I say, “Don’t answer an objection, isolate it?” Doing so will enable you to uncover what is really holding your prospect back.

And until you find that out, there will be no deal.

So stop answering objections and start isolating them. You will become a much stronger closer, and you’ll begin making more sales. Oh, and if they do say no, then you’ll find over 500 other scripts and ways of dealing with objections in my new book, Power Phone Scripts.

Get it today and start closing more sales tomorrow!

How to Overcome the Top Three Objections in Sales

There is a secret that every top selling professional knows and leverages. It’s what enables them to consistently out perform all other struggling sales reps in their company and in their industry. And here is what it is:

80% of the selling situations, the stalls, the resistance, the objections you get into today, you’ll get into tomorrow, next month, and next year. What top producers do is make a list of these repeatable selling situations, they then script out, memorize, and internalize the best practice way of handling them, and that’s why they succeed more of the time than their competition.

Think about it: If you made a list of the objections you get when prospecting, wouldn’t it contain things like:

“We’re not interested.”

“We already have a supplier for that.”

“Just email me something.”

How about for closing:

“I’m going to need to think about it.”

“The price is too high.”

“I’m going to have to talk to (someone else).”

You can probably add a few more, but very soon your list would end. You’d have your top 80%.

Now ask yourself: How much more effective would you be if you could ace each one of those objections or blow offs? How much more confident would you be?

Here’s the good news: I’ve just published a new book – Power Phone Scripts – that has over 500 word-for-word scripts, questions, phrases, and conversation starters that will give you the best practice responses used by the top selling professionals in all industries. And you can get it here

In Power Phone Scripts, there are 10 new ways to handle the “I need to think about it” objection alone! Here is one from the book:

“I need to think about it”

“_________, obviously there is something that either doesn’t make sense to you, or you need to check on something, I’m not sure which.  But procrastinating on this won’t help make this decision easier for you.  Let me ask you: What proof do I need to give you right now that this will work for you, to help you make that decision?”

Here’s another excerpt from the Power Phone Scripts that gives you a proven response to “The price is too high.” (Note: You get 5 new responses to this objection if it’s B2B, and 6 responses if it’s B2C – 11 total!):

“The price is too high,” (B to C):

“I understand and let me ask you: if price were not an issue on this – in other words, if this were more in alignment with what you could pay – is this something you would move forward with today?”

And here is a script from the book that gives you a response to “I need to talk to….”. (Note: You get 6 new responses to this objection in Power Phone Scripts):

“I need to talk to…”

“I understand _________.  Tell you what I’d be happy to do:  I know you are behind this, right?”

[Must get buy-in here first]

“Well, it’s not fair to ask you to do my job, so if it’s all right with you, I’ll be happy to reach out to (decision maker) directly and answer any questions they might have – would that be O.K.?”

[If NO]

“No problem.  Just out of curiosity, do you think they will go with this?”

[If NO or Don’t Know]:

“What would it take for them to say yes?”

Imagine how much more successful and confident you would be if you had these proven responses ready when you got one of these stalls or objections?

And now ask yourself how much more successful you’ll be when you have over 500 more!

If you like what you’re hearing, then I’ve got good news for you: Power Phone Scripts: 500 Phrases, Questions, and word-for-word scripts to Open and Close More Sales is now available!

BONUS: Plus, when you buy today, you’ll get hundreds of dollars in bonuses from some of the top selling professionals in the industry today like: Jeffrey Gitomer, Jeb Blount, Wendy Weiss, Tom Hopkins, Mark Hunter and many more!

See the offer here

Make Power Phone Scripts, your #1 Summer Read – and then get ready to make more money in the third and fourth quarter than you ever had!

And if you’re a sales leader, then invest in a copy for each member of your team! It’s the sure way to show them you care about their career – and your company’s success!

Order bulk copies here

Getting Behind the Stall Objection

Last week I was speaking with a new prospect who had called in to inquire about one of my inside sales training programs. I went over her needs, matched up my training to fit those needs, gave her pricing options and then began closing on possible dates for the training.

And that’s when I got the old stall, “Well, let me run this by my boss, and I still have to hear back from some other vendors, etc..” Sound familiar?

Now all stalls are bad, but what was even worse was that a few days later she stopped returning my calls and didn’t respond to my emails. Now I can take a hint, and I knew that she probably wasn’t going to be a deal. I’m sure you can relate, and so I want to give you an effective technique that will allow you to:

1) Open up the dialogue again.
2) Find out why your prospect isn’t going with you.
3) Get them to tell you what you might be able to do to save the sale.

It’s called the “I love to learn” technique and here’s what you do:

First, you’re going to have to be persistent and keep calling your prospect until you get them on the phone. Don’t leave any more voice mails. And once you do get them to pick up the phone, say the following:

“Hi __________, I’m glad I reached you – how have you been?”

They will likely try to brush you off here, so you say:

“That’s perfectly OK. I’ve been in sales long enough to know when we might not be a match for a company. Just a quick question, though. You know, I love to learn, and I’m always trying to improve, what specifically about our (offer, quote, product or service) didn’t seem right for you at this time?”

Now be quiet and listen.

If you do this right, your prospect will tell you what was wrong with your proposal, and this will give you a chance to adjust or adapt it to fit their needs. Will it always work? Of course not, but if there is still a chance to get a sale, this technique will show you how.

If they aren’t going to be a deal this time, then you can ask any of the following questions to set up future business:

“What might you need to see from us next time you’re in the market again?”

AND

“Do you mind if I kept in touch with you every so often?”

AND

“How about someone in another department?”

Last resort:

“Do you know of anyone else in your industry this might be a fit for?”

This worked with my prospect, and I was able to set her team up for remote training. Try it for yourself and begin finding out what’s really behind the stall and what you can do to overcome it.

Why Qualifying for Timeline is Important

Okay. So I’ve been in sales longer than some of my clients have been on the planet.

I’ve made thousands and thousands of prospecting calls, and thousands and thousands of closing calls.

I teach, train, write books on phone scripts, and develop customized phone scripts and inside sales training programs for sales teams worldwide.

You’d think that I would never get tripped up by or neglect the fundamentals of sales, right?

Wrong.

Just this morning (April 28, 2017), I was on the phone with a new prospect and he was asking me about my background, my training methods, etc. We had good rapport. He was an inbound lead. We really connected and he was interested. This was a slam dunk, right?

As we got to the end of the call, I was positive I’d be getting on a plane in the next couple of weeks to work with this prospect. And that’s when I asked a qualifying question that I neglected to ask upfront: “What is your timeline for this training?” He told me, “Sometime in the Fall.”

So, after a ½ hour on the phone, this call went….nowhere. Where did I go wrong? When he asked me what my process was when working with companies, I should not have assumed he was ready to go. Instead, I should have done what I teach: Qualify.

And the first thing I should have qualified for was his urgency to make a decision. By the way, I normally do this, but because the rapport was so strong, and, again, he was a call in lead, I assumed he was all set. He wasn’t…

Here are some ways to qualify for timeline:

For an inbound call, what I should have done (and will not be skipping again!) is ask:

“First off, I generally book several months in advance, so let’s talk about when you need this training – if everything goes well during your discovery process, when is the soonest you’d like to have this training delivered to your team?”

If he then told me it was six months off (“in the Fall”), I’d have given him an abbreviated pitch, and then told him I’d circle around with him in September.

If you are prospecting to set an appointment or a demo, then the following scripts to qualify for timeline are what you use:

“If you like what you see after the demo, what would be the next steps on your side?”

OR

“If you think this solution is what you’re looking for, what would be your timeline for putting something like this to work for you?”

AND

“If after the demo this is something you’re interested in taking advantage of, could you implement this in the next couple of weeks?”

Qualifying for timeline upfront is crucial to not only closing more sales, but also to avoiding objections at the end like, “I want to think about it…”

Use any of the scripts above, or rewrite them to fit your personality, product or service.

Take my word for it: It’s MUCH better to know in advance when your prospect is thinking of buying.