The Buyer Said "No," Now What?

The Buyer Said "No," Now What?

“Well, Jim, that new equipment you showed me sure is nice, but unfortunately I’m just going to have to say, ‘no.’”

“We appreciate all the information you’ve shared with us, Mary, but we’re not going to do this right now.”

Those are typical words and phrases sales people hear all day long, every selling day. For average sales people those words signal defeat. The gut reaction experienced when hearing them is an immediate one—of failure and rejection—something sales people go through on a regular basis.

In fact, since rejections are so common, it’s a wonder that so few sales people anticipate hearing them and prepare to deflect the negative feelings they can create. Most sales people just accept those words and the feelings they generate as part of the game of selling.

How often you hear the words and phrases like those above will depend on your abilities and skills as a sales person. But what you do and say after hearing them will make a world of difference in your closing ratio and in your personal bottom line.

Getting to “Yes”

This post is about “yes.” But the starting point is “no.”

The truth of the matter in selling is that very few buyers will say “yes” the first time they’re asked to own a product or service. Yet, the irony is that most sales people are willing to give up and accept rejection after hearing that first “no.”

Think about how you would feel if you heard the words at the beginning of this post.

  • Would you feel the physical effect of disappointment? It’s that sinking, let down feeling. It can be a tired feeling as your formerly pumped-up selling emotions trickle down the drain.
  • Would you mentally stop closing and simply move into “Let’s keep in touch” mode where you decide what to leave behind, what to pack away, and about moving on to your next meeting?
  • Would you say, “That’s okay.” “I understand.” Or, “I’ll touch back just in case you change your mind?”

That’s how average sales people respond. So my first question to you today is this: Do you want to be average – or do you want to encourage yourself to become better than that?

There’s a whole lotta selling to be done after you hear the word no. It’s just a matter of understanding the many meanings of the word no, selecting the one this particular client means, and working with it.

When you understand that “no” doesn’t always mean “no sale,” those words will roll off your back like a duck sheds water and you’ll keep paddling forward in the sales process.

Copyright Tom Hopkins International, Inc. and Tigrent LLC. Learn strategies for keeping the sale moving forward with "When Buyers Say No."

Bill Goble

Corporate and Resdential Sales at Furniture Mall of Kansas

9y

Another winner! I still always respond to anyone that ask me, How are you today? I always say “UNBELIEVABLE” just like you taught us many years ago to say. Just that one response has changed so many out comes in my sales. Thanks!!

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Gus Stoot

Senior Representative at Primerica

9y

Great, Tom!! I love your sales training and advice. You know what professional sales people experience every day. "Thank You"

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Manny Vasquez

Hard Worker at Texas Air Masters

9y

yes Claes, I agree with you. The number one objection or obstacle to earning someone's business is price. Until we make it about something else.

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Barbara Currie

Experienced Cross Platform Marketing Manager specializing in broadcast and digital advertising.

9y

I always felt the same as Manny, if the buyer said No then I had not discovered his true buying motive and given him a solution to achieving that goal. If we offer the correct opportunity to the client then he will say yes.

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