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"Vital Piece" 

Of The Selling

 Puzzle

    

 

 

The "I Need Time To Think It Over" Myth

By Virden J. Thornton   

      Some trainers and sales managers teach that there are prospects that just need a little more time in the decision-making process. They explain that a decision-maker's stall is not always a put off and they just need to think a bit more about their decision, or that they have to sell the idea to someone else. Therefore, many sales and service industry professionals accept the stall, “I've got to think about it.” at face value, believing that a buyer truly has an interest in what they are selling and just needs more time to think about the benefits of the offer. However, in their hearts many sales professionals know better, but hope usually wins out in the end and they accept the stalling tactic of a prospect as truth and continue to work with them for many weeks or months in the delusion that something positive will come from their persistence.

      As many seasoned sales professionals know, 90 to 95 percent of the time when you hear a decision-maker say, ‘'I've got to think it over,” it's not a stalling tactic at all, but simply a polite way of telling you “no.” To reduce the number of polite “turn downs” As you close your presentations from this point forward make certain that you give the decision-maker permission to tell you “no.” This technique will reduce tension in the transaction and encourage candor as you search to find the reason a buyer initially decided to meet with you. (Logic suggests that if you are able to discuss your product or service at any length, there is a good possibility that your prospect has a need.) To give permission to a decision-maker to tell you “no,” Just say something like this: 

“John, if what I propose today will not work for you or your company (firm), please tell me, so that we don't drag this transaction out over an additional meeting or two. I don t want you to tell me ‘no,' but I also don't want to keep bugging you, if what I've shown you will not work for you or your organization.”

      By giving your prospect permission to tell you “no,” you take most of the tension and pressure out of your closing, creating a climate where candor and openness prevail. This climate will help you to discover the true feelings of your prospect about your products or services as you probe to find a prospect's needs.

      For additional information about how to handle the, "I've got to think about it." stall, read the entire section in the 101 Sales Myths manual that can be purchased at a discount at http://TheSellingEdge.com/101SalesMyths.htm. Also, there is more information on this topic and many other vital sales issues discussed in the Sales Success Strategies self-directed learning manual in the Books & Manuals section of our web site at:  http://TheSellingEdge.com/manual1.htm


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VIRDEN THORNTON is the founder and President of The $elling Edge®, Inc. a firm specializing in sales, customer relations, and management training and development. Clients have included Sears Optical, Eastman Kodak, IBM, Deloitte & Touché, Bank One, Jefferson Pilot, and WalHMart to name a few. Virden is the author of Prospecting: The Key To Sales Success and the best selling Building & Closing the Sale, Fifty-Minute series books and Close That Sale, a video/audio tape series published by Crisp Publications, Inc. Menlo Park, California. He has also authored a Self-Directed Learning series of sales, coaching & team development, telemarketing, and personal productivity training guides. To obtain a substantial discount on two of Virden's new manuals, 101 Sales Myths and Organizing For Sales Success, just click on either of the titles above.

Note: You can contact Virden at virden@TheSellingEdge.com. You can also see an expan- ded biography at http://www.TheSellingEdge.com/bio.htm.

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