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A Five Hundred Dollar bill for Your Thoughts…

A Five Hundred Dollar bill for Your Thoughts…

Doesn’t that headline sound much better than “A Penny for Your Thoughts?”  I would have to say too many business professionals are looking for “penny” ideas instead of seeking out ideas that can have a real impact on their business. I can remember when I was a kid (I’m not that ...

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Competitor? I don’t think so…

Competitor? I don’t think so…

As all of you know, I am a passionate Boston Red Sox fan.  Each and every year I buy the MLB Extra Innings from Direct  TV.  This allows me to totally stay tapped into the fever of the Red Sox Nation. During a recent game I was watching there was a ...

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Sweat The Small Stuff…

Sweat The Small Stuff…

A Boston Getaway… I just got back in town from a much needed long-weekend in Boston.  In case you don’t know I am a passionate member of The Red Sox Nation!  Every year I travel to Boston to take in a few Red Sox games. The city is amazing.  Great site seeing, outstanding ...

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Did April Showers Bring May Flowers?

Did April Showers Bring May Flowers?

We are month 2 into the 2nd quarter of 2009.  With all of the rain we received here in the Greater Milwaukee area it was an excellent opportunity to spend a bit more time at the computer to work on projects. If for some reason you haven’t made any progress and ...

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Put Some Lipstick on the Elephant in the Room

Posted by admin May - 6 - 2010 - Thursday 2 COMMENTS

Let me start by saying this post has nothing to do with politics (for those of you who remember the “lipstick on a pig” comment).  What this has to do with is addressing the common questions and objections your prospects have when buying from you.

Hopefully you have heard the phrase, “…the elephant in the room…,” if not it just means there is something that is so big it stands out and cannot be missed.  In your business you have “elephants” just like the rest of us.  So, what do you do?

I have always been a big proponent of addressing the common objections that people have about your product or service.  I believe the sooner you can get those out of the way the better.  If you voluntarily answering these objections it will leave your prospect with very little ammunition to come up with reasons not to buy.

Here is a very simple exercise that will help you sell more effectively and get more clients and more referrals.  First, write down the questions you answer on a regular basis.  “Your cost is too high.”  “Your store is too far away.”  “How do I know I can trust you?”  “How do you know this will work for me?”  You get the point.

After writing those down come up with answers that will directly address why those questions shouldn’t be of concern.  This will allow you to use this in your sales presentations and in your marketing messages.

After you have come up with the main questions be sure to take note of others that come up with your clients and prospects.  Write them down and answer them too so you are ready whenever they come up again.

Put some shiny red lipstick on the “elephant in the room.”  Your product will look much more attractive now!

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