tech:

taffy

Objection

An objection is a concern or issue raised by a prospect or customer that may prevent them from making a purchase or moving forward in the sales process.

Objections can arise due to various factors, such as pricing, product features, perceived value, or uncertainty about the product’s effectiveness in addressing the prospect’s needs.

Handling objections is a critical skill for sales professionals, as it involves addressing the prospect’s concerns, providing additional information or reassurance, and demonstrating the value and benefits of the product or service.

What are some ways we can handle objections?

  • Active listening: Give the prospect your full attention, and make sure you understand their concern before responding. This shows empathy and respect for their opinion.
  • Asking questions: Clarify the prospect’s objection by asking open-ended questions to gather more information about their concern.
  • Acknowledging the objection: Validate the prospect’s concern by acknowledging it and expressing understanding of their viewpoint.
  • Providing information: Offer additional information, data, or case studies to address the objection and demonstrate the value of your product or service.
  • Reframing the objection: Help the prospect see their concern from a different perspective or highlight the benefits that outweigh the objection.
  • Offering a trial or demonstration: Provide the prospect with an opportunity to experience the product or service firsthand, alleviating their concerns and showcasing its value.

Successfully overcoming objections can help build trust, strengthen the relationship with the prospect, and increase the likelihood of closing the sale.


Just in

Amazon to invest up to $4B in Anthropic

Amazon will invest up to $4 billion in Anthropic, and will acquire a minority ownership stake in the company. The two companies also announced a strategic agreement aimed at the development of generative artificial intelligence (AI) models.  

Mesh raises $22M

San Francisco, CA-based Mesh, a company working on simplifying digital asset transfers, crypto payments, and account aggregation, has raised $22 million in a Series A funding round.

Cisco to acquire Splunk for $28B

Cisco and Splunk have announced an agreement where Cisco will acquire Splunk for $157 per share in cash, summing up to approximately $28 billion in equity value.

DynamoFL raises $15.1M

San Francisco, CA-based DynamoFL, has raised $15.1 million in a Series A funding round.