Dealing with Stalls and Objections
by: Tom King
When you greeted Mr. and Mrs. Jones, they informed you that they just
wanted to look around. You proceeded to befriend them and through the
use of your communication skills, found common ground. This enabled you
to acquire information about what they were interested in, what they had
seen elsewhere, and their plans for moving forward. As you walked them
through the inventory, showing a couple of units, you found one they
took a particular interest in. You answered their questions, pointed out
some desired features, and even asked a few trial closing questions. All
seemed to be moving along well, so you popped the question. “Well
folks, what do think? Can you see yourselves in this RV on your next
trip?”
Then you hear it. “Well, it’s a nice fifth wheel, we
really like the layout, and storage seems plentiful, but as we said when
we came in, we are just looking and not ready to do anything just
now.Why don’t you give us your best price and when we get closer
to making a decision we will give you a call.”
A Common Scenario
You’ve heard it before, and if you continue to work in this
business, you will definitely hear it again. Now let’s analyze
this scenario and see what you might do to prevent it in the future.
Let’s agree on what is needed before a potential customer can
make the decision to purchase.
First and foremost, they must find the RV that has all the elements
that make up their idea of the perfect RV, or at the very least, a unit
that is near enough to their idea to be acceptable. This RV has to be
affordable; and it has to fit reasonably within the budget they have
determined to be acceptable. All of the customers’ questions and
concerns need to be addressed. They have to be comfortable moving
forward before they can sign on the dotted line.
Using these three factors as a basis for buying, and following the
scenario in the opening paragraph, let’s analyze what we can do to
make more sales.
The most common first reaction is to find an answer to their opening
statement about not buying today. But, because this statement is
typically a shield, forcing the customer to defend it only creates boxes
that require the customer to lie to get out of. So I ask, why even go
there? The better solution is to keep the mindset that, regardless of
their reasoning, it is just a reaction, and if you sell them they will
buy today.
What causes these types of stalls, and how can we prepare for them
and address the situation when it occurs? Almost everyone in
today’s market does some research before setting out to look for
an RV. They most likely will have a fairly strong desire to either enter
into the RV lifestyle or replace an existing RV before taking the time
to visit a dealership. Therefore, finding out the customers’ true
wants and needs along with the motivation behind their visit should take
precedence in the sales process. Interviewing the customer is time well
spent. You will find that all the answers to making a sale are in the
interview, and all the reasons for failing to close are because the
interview was rushed or taken for granted. So, to be able to address,
eliminate, or prevent these stalls from occurring, you need to find the
answers that cause them by spending quality time with the customer. You
can use the information obtained in the interview to set the course and
direct the sale to where you want it to go. You can now create and build
value in your presentation to justify the price of the unit you are
showing. You can create desire and emotion to own by tying it all to the
RV lifestyle. You can now overcome objections before they are voiced as
objections. Salesmanship is your ability to lead someone down a path
while being able to address the concerns and objections that arise while
overcoming the fears and justifying the desire to purchase. This can not
be accomplished without knowledge obtained in the interview or
consultation.
When your customer counters your attempt to close with a stall such
as, “We have just started to look,” or “We’re
not impulse buyers and need to talk it over first,” they are
telling you they are not sold. All their concerns or fears have not been
justified. And even if you do everything right you still might find
yourself addressing one of the many variations of stalls. But, even if
this happens, you will be better prepared to address and overcome the
stalls. Let’s go back to our stall in the opening paragraph. You
might respond this way:
Show Empathy
This helps to show you understand their feelings and relieves the
pressure to make a decision while at the same time indicates you are
concerned about their needs. You may say something to the effect of,
“I understand how you feel. This is a big decision and I am sure
you want it to be the right one.”
Take Control
In order to determine the real objection or concern you must take
control of the situation. An example may be to say, “Let me go
over a couple of important items with you and get you an idea of a price
before you leave.”With this technique you can now show service and
parts while leading the customer back to your office.
Lead
At this stage the customers should be in your office where you can have
their undivided attention. You will now have the ability to review
everything that was covered in the interview while using your notes in
relation to what you have shown them. This, when done properly, will
help draw out the real objection to determine what is keeping them from
moving forward now.
Remember, a stall is nothing more than a smoke screen for the real
objection. Sometimes the customer is hiding the real objection on
purpose and sometimes they aren’t sure themselves what is causing
their reluctance. In either situation, you cannot address it until you
can get them to reveal it. With knowledge, objections can easily be
overcome.