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Marketing and Sales Marketing & Sales March 25, 2024

Overcoming the Most Common Sales Objections (+Tactical Tips From Sales Leaders)

Overcoming-sales-objections
Learn about the top 10 most common sales objections and how to turn those obstacles into opportunities for your business.
Hava Salsi
Author

Hava Salsi

Overcoming-sales-objections

Objections are a natural part of life. But in sales, they carry more weight. 

They can be the difference between your reps meeting their quotas or falling short of company revenue targets. But with the right approach, sales professionals can turn these obstacles into opportunities. 

It’s all about reframing objections, understanding the customer’s point of view, and responding in a way that addresses their concerns while highlighting the value of what you’re offering. 

In this guide, you’ll read about the 10 most common customer objection types, how to overcome them, and which tools to use to make the job easier for your reps. 

What Are the Most Common Objections Salespeople Run Into?

Here are 10 of the most common types of sales objections you might face:

1. Price objections

Price objections are often the most immediate and understandable complaint from customers. They include statements like:

  • “It’s too expensive.”
  • “I can get a similar product/service for cheaper elsewhere.”
  • “I don’t see the value in spending that much.”

But it’s not always about the actual price tag. Pricing concerns often boil down to a perceived mismatch between the cost and the value of your product or service. 

2. Budget constraints

When it comes to customer concerns about budget, some common statements include:

  • “We don’t have the budget right now.”
  • “I need to wait for the next budget cycle.”
  • “We’ve already allocated our budget elsewhere.”

While this type of objection could reflect actual financial limits, it could also be about how potential customers choose to allocate their funds.

These statements aren’t necessarily outright rejections or deal-breakers but hints. Maybe the client needs more flexible payment options, or maybe your rep needs to demonstrate the ROI of your offering more clearly. 

Having open dialogue during sales conversations gives you a chance to understand the prospect’s budgeting process and timeline. So even if you can’t overcome the immediate hurdle, you’ll set yourself up for future conversations and a long-lasting relationship.  

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“If you set the foundations right, the prospect will come around in the future. One of our current buyers couldn’t invest in our product due to budget constraints. But the original sales pitch was so good that he came back after a year when he did have the budget.”

Kevin Salsi, Head of Sales Switzerland at Advion Interchim Scientific

1. Need or urgency

With cold outreach, leads don’t always come to you. Some need or urgency-based objections include: 

  • “I don’t need this right now.”
  • “We’re happy with our current solution.”
  • “This isn’t a priority for us at the moment.”

In these cases, the problem could be that the prospect doesn’t fully see how your product or service can benefit them or is better than their current solution.

The key to overcoming these objections is being good at spotting hidden needs or future problems that a prospect might not think about. With this approach, you’ll show how choosing your product now can bring benefits down the line or prevent potential issues. 

4. Authority or decision-making hurdles

Some objections related to the decision-making process include: 

  • “I need to consult with my team/boss/partner.”
  • “I’m not the decision-maker on this.”
  • “We need to have a meeting to discuss this further.”

These roadblocks usually surface when the person you’re talking to is part of a bigger decision-making team or when there are a lot of people involved in the buying process. Sales reps need to win over the person they’re chatting with while giving them the ammo they need to go back and convince the rest of their team. 

In other words, you have to identify and empower your champion.

5. Trust and credibility

If trust and credibility are areas of concern for your prospect, you might hear some statements like:

  • “I’ve never heard of your company.”
  • “How do I know your product/service will actually work?”
  • “Can you provide some references or case studies?”
  • “This sounds too good to be true. What’s the catch?”

These objections typically stem from a lack of familiarity with your company or concerns about the track record of your product or service.

In these situations, it’s crucial to reassure and provide concrete evidence of reliability and customer success. (More on how to guide prospects with the right content later.)

6. Satisfaction with current solution 

If your prospect is happy with their current solution, they might tell you:

  • “We’re already working with another company.”
  • “We’ve been using our current solution for years and don’t want to change.”
  • “I’m not convinced your solution is better than what we currently have.”

Facing this kind of objection usually means diving deeper into your prospect’s specific needs and pain points. It’s also important to know where you differentiate from the competition, even down to specific feature sets.

It’s about asking the right questions to uncover any hidden inefficiencies or limitations they might not be aware of with their current solution. 

7. Lack of understanding 

Here are some common objections you might hear if your prospect doesn’t fully understand your offering:

  • “I don’t see how this fits into our workflow.”
  • “I don’t understand how your product/service works.”
  • “Can you explain the benefits of this again?”

This type of objection usually pops up when there’s a gap in communication or understanding. It’s not a brush-off but a positive sign that they’re interested enough to seek clarity. These objections are often the easiest to tackle. It’s a matter of breaking things down and connecting the dots for them. 

8. Contractual or commitment issues 

When facing objections about existing contracts or concerns over commitment, you might encounter statements like:

  • “We’re locked into a contract with another provider.”
  • “I’m concerned about the long-term commitment.”
  • “What if we decide to cancel or change our minds?”

It’s natural for prospects to worry about getting tied down or what happens if things don’t work out. In this case, your goal is to offer reassurance and flexibility. Emphasize any trial periods, satisfaction guarantees, or easy exit clauses your service might have. 

Discussing the long-term benefits and support that accompany your product is also helpful, showing that the commitment is worthwhile. 

9. Perceived lack of features or benefits

When prospects feel that your product or service doesn’t meet their specific needs or match up to competitors, you might hear objections like:

  • “Your product/service is missing a specific feature we need.”
  • “How does your solution compare to [competitor’s solution]?”
  • “I don’t see any features that stand out.”

Listen closely to your prospect’s needs and respond (or quickly follow up) with tailored information. If there are features your product lacks, discuss upcoming updates or alternative solutions you offer. 

Comparing your solution directly to competitors can be tricky, but focus on what sets your product apart — unique features, better customer service, or overall value.  

10. Timing

If your prospect’s issue is timing, you could hear something like:

  • “We’re too busy to implement this right now.”
  • “I don’t have time for a meeting/demo at the moment.”
  • “Can we revisit this next quarter?”
  • “I don’t want to make any changes during our peak season.”

These objections aren’t necessarily about the value of your product but about the prospect’s capacity to engage with it at the moment. 

Here, empathy and flexibility are crucial. Offer to schedule a demo or follow up at a more convenient time, and show that you’re willing to work around their schedule. 

3-ways-convey-empathy

It’s also a good idea to emphasize how your product can eventually save them time or help during busy periods. The goal is to align with their timeline while keeping the door open for future opportunities.

4 Ways to Address and Overcome the Most Common Sales Objections

Now that you’re armed with a list of the most common objections you might face, let’s dive into how to overcome them effectively. While you’re putting these techniques into practice, make sure to stress the importance of being genuine to your reps. Authenticity goes a long way in building rapport with your prospects.

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“The best way to overcome any objection is to be human and authentic. In sales, anyone who’s not being themselves or overly salesy is an instant turn-off. Look at things through a lens of how you’re helping prospects. Put yourself in their shoes, and you’re more likely to form a trusting relationship that will lead to a sale.”

1. Implement call coaching 

Coaching your reps, whether through live feedback or post-call analysis, lets you actively identify their strengths and areas for improvement. This way, you can offer practical advice to improve future sales interactions. 

Here are two strategies you can use together for the best results:

Real-time feedback

Giving feedback directly during call monitoring lets you share instant, actionable insights to help reps adjust tactics immediately and see the effects during the conversation. 

One way to do this is through whisper coaching, which allows supervisors to coach reps privately during calls without the prospect hearing. Just make sure the reps learn to blend in the advice smoothly without getting sidetracked or interrupting the call’s flow.

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During call coaching, focus your feedback on areas like:

Script optimization 

Sales scripts help prepare your reps for various scenarios, especially objections. 

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“Of course, the script can change. Your responses will become better and better over time. But writing down the objections and responses not only gives you a quick and easy way to deal with them when they occur but also helps you prevent them.”

Plamy Mihaylova, Account Executive at Quora

Here are some tips to help you prepare and optimize your scripts:

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2. Have your team brush up on their communication skills 

Honing communication skills enables sales reps to be better listeners, respond clearly and persuasively, build trust, and adapt to various customer scenarios. These are all abilities that are essential in overcoming sales objections.

Here are three exercises you can do with your team to improve their communication skills:

Role-playing scenarios

Role playing with your reps allows them to practice responses and strategies in a low-pressure environment. This builds their confidence and improves their ability to think on their feet.

Here’s how to run more effective sessions:

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“The best way to get good at sales is to practice objection handling over and over again until your talk track is tight and you can respond confidently and subconsciously. This can’t happen without putting in the reps. Sales leaders can empower their people to put in the reps by providing a safe coaching environment where failure is encouraged and supported.”

Adam Purvis, Account Manager at Coconut Software

Active listening training 

To meet and even exceed their sales quotas, your reps need to know how to read between the lines and understand the root cause of the “no.” Then, they can respond in a way that resonates with the prospect’s specific needs and reframes their objections as opportunities for future discussion.

You can use the LAER model to help reps practice the steps of active listening:

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“It’s important to understand the prospect’s reasoning so you can find an alternative. Do they have a very strict budget that we need to fit in? Maybe we can remove some of the features and find a solution that works for them. Have they found a cheaper solution? Let’s see the other offer and see how we can match it or improve on it.”

Plamy Mihaylova, Account Executive at Quora

Confidence-building exercises 

When you communicate clearly, showcase your expertise, and express genuine enthusiasm for your solution, it puts your prospect’s mind at ease and makes it easier for them to make a decision. 

Here are some ways to help your people build confidence in themselves and your solution:

3. Leverage data analysis 

Data analysis helps you identify common patterns and objections so you can target sales training and adjust strategies effectively. You can achieve this by monitoring calls regularly, setting benchmarks for performance reviews, and conducting post-sales surveys.

Let’s look at these strategies more closely. 

Monitor performance

Call monitoring lets you assess each rep’s performance during the sales process. You can pinpoint areas where they excel or need improvement, particularly in dealing with objections. 

It also helps you recognize your top performers so you can provide real examples of effective objection handling that others can learn from.

Here’s how to monitor objection-handling skills effectively: 

gamify leaderboard sales

Pro tip: With Nextiva Analytics, you can gamify performance tracking based on a metric of your choice. This helps you foster healthy competition and motivate your team, increasing engagement and helping improve performance.

Benchmark success

Establishing benchmarks for successful objection handling helps you set goals for the sales team and track progress over time.

For example, set a benchmark like “successfully overcoming objections in at least 50% of sales calls.” This gives reps a specific target to aim for. Then, use your sales CRM or tracking software to track progress against the benchmark regularly.

As your team improves, raise the benchmarks to challenge and grow their skills continually.

Nextiva voice analytics

Implement post-sales surveys 

You can use post-sales surveys to gather insight into how your reps handled objections and what influenced the customer’s decision to purchase. Use this information to adjust your scripts and refine your sales strategies and training materials.

Let’s say you discover customers consistently mention that a clear explanation of long-term benefits helped overcome their initial cost concerns. You can emphasize this approach in your script updates and focus on it during role-play exercises in training.

Just make sure to include targeted questions in your surveys about your reps’ objection-handling techniques. Ask customers what concerns they had and how well they felt your reps addressed them.

Nextiva customer intelligence

Pro tip: Customer surveys can come across as spammy if they’re not a natural part of the post-sales process. With Nextiva, you can send automatic surveys after interacting with customers and see their responses directly in the continuous conversation. 

4. Guide prospects with the right content 

The more relevant and comprehensive knowledge you provide your prospects, the easier it is to overcome their objections.

Here are four types of resources you can make available to them:

Educational content

Providing resources like blog posts, whitepapers, case studies, and FAQs lets you preemptively address common objections.

This approach educates your prospects and positions your brand as a knowledgeable and trustworthy source. It also frees up sales professionals’ time to focus on more complex tasks.

Here’s how to implement this effectively:

Nextiva support portal

Social proof

Social proof helps reassure prospects that others have successfully benefited from your product or service, making it a more compelling choice. Using this form of validation is especially helpful in overcoming trust and credibility objections.

Here’s how to go about it:

Consider connecting your prospect to one of your current happy clients. This gives your prospect a chance to hear directly from someone who’s already using and loving your product or service. 

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Interactive tools

Interactive tools provide hands-on experience for your prospects. This means they don’t just hear about your value proposition; they can actively see, evaluate, and understand it in a relevant context.

Prospects can more easily overcome their reservations about cost or practicality by directly exploring how your product can benefit them.

Here are some examples of interactive resources and what they’re best for: 

ToolPurposeBest For
ROI calculatorTo provide a personalized financial analysis showing the potential return on investment when using your product or service.Demonstrating long-term financial benefits and cost savings, beneficial for products or services with a significant upfront investment.
Product demosTo showcase how your product or service works in a real-world scenario.Giving prospects a hands-on experience of your product’s features and benefits and illustrating how it solves specific problems or improves processes.
ConfiguratorsTo allow prospects to customize or configure a product to their specific needs or preferences.Products with multiple variants or customizable features, helping customers visualize their ideal version and understand the possibilities.

Personalized solutions 

Personalizing your content shows your client you understand their unique needs and pain points. It lets people know you’re not just selling a product or a service — you’re giving them a solution to their exact problem. This builds trust and makes your solution more appealing. 

Some examples of personalized solutions include:

  • Customized emails, including introductory, follow-up, and offer emails
  • Tailored proposals 
  • Targeted presentations 
  • Industry-specific case studies

Start by thoroughly researching your prospect’s industry, company, role, and even the latest news about their business. Then, focus your communications on how your offering solves their particular problems. Highlight features or aspects that are most relevant to them.

How a Unified Communications Platform Helps Sales Teams Close Deals

A reliable unified communications platform centralizes all your channels, from email and calls to instant messaging and video conferencing. Investing in the right sales tool can directly impact your team’s performance and your company’s bottom line. 

Nextiva unified communications platform

Here are some of the product features that make that possible:

Navigating Sales Objections? Nextiva Has You Covered! 

Overcoming objections and securing successful sales can be difficult. But the right strategy and systems make handling these challenges much more manageable.

Here’s where Nextiva comes in. 

Our cloud VoIP phone system, AI-powered sales tools, and advanced automations allow your reps to communicate with customers wherever they are, get valuable insights into call performance, and boost sales.

As a team leader, you can use our call recording and analytics capabilities to see how your reps overcome objections and help set them up for success.

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