What strategies can you use to overcome price objections in sales?
Overcoming price objections is a critical skill in sales management. When a potential customer balks at the cost of your product or service, it's not necessarily the end of the conversation. With the right strategies, you can turn a price objection into an opportunity to showcase the value of your offering and move closer to closing the deal. The key is to understand the customer's perspective, communicate effectively, and demonstrate the unique benefits that justify the price.