Knowledgebase

Handling the Price Objection Print

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When they say it costs too much.

WHAT IT USUALLY MEANS

Not that they cannot afford it.

WHAT IT ACTUALLY MEANS, MOST OFTEN

They are not convinced it is worth it They have a cheaper alternative They are testing They genuinely lack budget

WHAT TO DO FIRST

Establish which.

HOW

Ask: compared with what, or what were you expecting.

WHY THAT QUESTION

The answer distinguishes the four cases.

WHAT TO DO IF IT IS A VALUE PROBLEM

Return to the cost of their problem.

WHAT TO ASK

What it is costing them now, in their terms.

WHAT TO DO IF THEY HAVE A CHEAPER ALTERNATIVE

Establish what it does and does not include.

WHAT TO AVOID

Criticising the competitor Matching the price reflexively

WHAT TO DO IF BUDGET IS GENUINELY LIMITED

Reduce scope, not price.

WHY

Reducing price teaches that your price is arbitrary.

WHAT REDUCING SCOPE LOOKS LIKE

Fewer features, a smaller starting commitment, a phased approach.

WHAT TO DO IF THEY ARE TESTING

Hold the price, calmly.

WHAT HOLDING SOUNDS LIKE

Restating the price and what it includes, without defensiveness.

WHAT TO NEVER DO

Discount immediately when asked.

WHY

Every future negotiation begins from that discount.

WHAT TO ACCEPT

That some buyers are not your buyers.


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