"I really don't need to advertise. I get all of my business by word of mouth." "Word of Mouth" is a tough compeititor, it's free and generally it comes from a trusted source. My next few blogs will discuss handling this objection.
When I hear the WOM objection, I avoid challenging the prospect. I begin by praising them, "Congratulations, you must certainly be doing something right for customers to recommend your business so often. What are they saying about what you do here." This strategy pushes the objection aside and engages the customer in a discussion about their business. If the customer is simply using the WOM objection to chase you away, the objection will evaporate as they tell you about their favorite subject--themselves. If you challenge the customer, you force them to defend their initial statement. By accepting their statement at face value you create an opportunity to build rapport and begin probing for needs.
Next time we'll look at another technique to handle the WOM objection.
Thanks--Jim B
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