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    The Progress Coaching Blog

    How to Handle Price Objections

    November 15, 2010 Posted by : Tim Hagen
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    Price objections- a salesperson's worst nightmare.

    Handling price objections requires confidence and sales know-how. It is a skill that needs to be practiced over and over before it can ever be truly effective. Inexperienced reps usually cave and offer a lower price, while others run to the manager to ask for advice. Great salespeople know that instead of jumping immediately to reduction of price, they should ask the customer more questions. Ask, “Outside of price what are two or three factors that will go into your decision making?” When they answer this question, you will be more able to drive the value of your product.

    Every sales person battles price objections on a daily basis. The challenge is when to lower price, when not to lower price, and more importantly to know why the customer is even asking for a price concession. Our upcoming program will teach proven techniques guaranteed to help you sell more successfully as you face more pricing pressures.

    Click here to find out more about our webinar, 7 Days to Handling Price Objections.
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    About Author

    Tim Hagen
    Tim Hagen

    Tim Hagen founded Progress Coaching, a Training Reinforcement Partner Company, in 1997. His entrepreneurial career began in college leading to positions in sales, sales management, and sales training for small and large corporations, and eventually ownership of several training companies. Tim is often a keynote speaker at companies teaching the value of coaching and conversations in the workplace. He possesses a unique combination of hands-on experience, academics, and innovative insight to solve the industry’s most common challenges specific to workplace performance. Tim holds a bachelor’s degree in Adult Education and Training from the University of Wisconsin, Milwaukee.

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