MagicBuddy

How can I handle price objections from customers?

An example of an AI chatbot conversation about overcoming price objections in sales.

😀
You

How can I handle price objections from customers?

MagicBuddy
MagicBuddy

Handling price objections is crucial in sales. Can you tell me more about the specific objections you're facing?

😀
You

Customers often say my product is too expensive compared to competitors.

MagicBuddy
MagicBuddy

That's a common objection. Have you highlighted the unique value and benefits of your product to justify the price?

😀
You

I haven't really focused on that. How should I approach it?

MagicBuddy
MagicBuddy

Start by understanding your product's unique selling points. Then, communicate how these benefits solve the customer's problems better than cheaper alternatives.

😀
You

What if they still think it's too high?

MagicBuddy
MagicBuddy

If they still feel it's too high, consider offering flexible payment options or a trial period to reduce their perceived risk.

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