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Objection Overruled! (Part Three of Four Dynamite Suggestions for Overcoming Price Objections!) By Chris Croner, Ph.D., Psychology
Article Date: July 31, 2006
Change the package. If the buyer is unwilling to pay for the
package you have presented him, offer to unbundle the package and
remove value. Say something like, "If your primary concern is
price, let's see if we can remove some of the elements of our
product/service to match the price you are willing to pay."
This
approach usually surprises the buyer and signals to him that you have
calculated the value of your product thoughtfully. Plus, buyers
are usually reluctant to give something of value up once they have
experienced it.
Price objections can become emotional. The key
here is to downgrade emotion in favor of a thoughtful discussion of the
information at hand.
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