The four columns
- The objection. Word for word, in the customer's language, not paraphrased.
- What it means. One or two versions of what sits behind the phrase.
- The clarifying question. What the rep asks before answering.
- The answer. Short, one for each version.
How to build it
- Take thirty conversations that never reached payment.
- Write out the customers' phrases word for word.
- Group them: usually you end up with ten to fifteen groups.
- For each group, find an example in your own threads where somebody got past it.
- Write down what worked, rather than what sounds clever.
What «too expensive» means
- cannot see the difference from a cheaper option
- comparing against a different type of product
- does not have the whole sum at once, but has part of it
- is not the person who decides the budget
- genuinely is not in your price segment
The first four can be handled in conversation, the fifth cannot. The difference only shows up through a clarifying question, which is why the question column is the most important one in the matrix.
What to do with the matrix next
- Work through one objection at the weekly meeting, on live examples.
- Add new phrasings that worked.
- Once a quarter, remove whatever no longer comes up.