Overcoming Objections in Communication

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Questions and Answers

When a potential customer states their preference for picking medication up from a local pharmacy, what is a suggested approach for handling this objection?

  • Acknowledge the convenience of going to a local pharmacy and offer a discount for using your service.
  • Explain that your service is only necessary when a local pharmacy does not have the medication in stock.
  • Admit that this is a valid concern and offer to send samples of your medications.
  • Mention that WC prescriptions are different and paint a picture of how they are different. (correct)

Why is it important to temper your reaction to objections?

  • It can help build trust and rapport with the client.
  • It allows you to better understand the client's perspective.
  • It prevents the conversation from becoming heated.
  • All of the above (correct)

What is the best approach to handling objections?

  • Aggressive and confrontational
  • Avoid the objection completely
  • Passive and agreeable
  • Firm, straightforward, and pleasant (correct)

If a potential customer expresses dissatisfaction with a similar service they’ve used before, what suggestion does the content provide for responding to this objection?

<p>Focus on the differences between your service and the previous service. (D)</p> Signup and view all the answers

What does the analogy of "getting more flies with honey than with vinegar" imply?

<p>A softer approach is more likely to be successful in handling objections. (B)</p> Signup and view all the answers

When a potential customer says "We don't have a need for your service", what does the content suggest as a possible response?

<p>Provide a detailed explanation of the challenges WC medications present and how your company specializes in them. (A)</p> Signup and view all the answers

The content emphasizes a common technique to address objections, what is this technique?

<p>Share stories or experiences of other clients who have benefited from your service. (A)</p> Signup and view all the answers

What is the significance of objections in the context of account progress?

<p>They are an opportunity to move the account further along in the process. (B)</p> Signup and view all the answers

Why are objections considered a window into the perspective of a client?

<p>All of the above (D)</p> Signup and view all the answers

What is the primary advantage of asking questions to "flush out" hidden objections?

<p>It helps you identify the root cause of the objection. (C)</p> Signup and view all the answers

What is the primary rationale for explaining pricing in response to the "too expensive" objection?

<p>To demonstrate transparency and fairness in your pricing. (B)</p> Signup and view all the answers

What is the most effective way to change a client's perspective on the "patient does what they want" objection?

<p>By highlighting the benefits of using your pharmacy. (D)</p> Signup and view all the answers

What is the core message of "The Challenger Sale" book?

<p>It encourages salespeople to challenge the status quo. (D)</p> Signup and view all the answers

When handling an objection like "you're too expensive", why is it important to find out where the objection is coming from?

<p>To identify the specific point of contention that needs to be addressed. (B)</p> Signup and view all the answers

Which of the following strategies is NOT recommended to help uncover hidden objections?

<p>Use vague language and avoid being specific. (C)</p> Signup and view all the answers

What is the main advantage of addressing objections directly and immediately?

<p>All of the above. (D)</p> Signup and view all the answers

What does the text suggest about the nature of objections, particularly regarding their visibility?

<p>Most objections are hidden and may not be explicitly stated. (A)</p> Signup and view all the answers

Why is it important to use targeted, open-ended questions when trying to uncover objections?

<p>They help encourage people to share their opinions and reveal their true thoughts. (D)</p> Signup and view all the answers

According to the content, what is the main reason that objections are often difficult to see?

<p>Objections are often hidden and not explicitly stated. (B)</p> Signup and view all the answers

Which of the following examples best exemplifies the strategy of "getting in front of an objection" as outlined in the content?

<p>Proactively addressing an objection before it is explicitly stated. (B)</p> Signup and view all the answers

What is the main takeaway from Samuel Clemens' quote, "There are lies, damned lies and then there are statistics"?

<p>Statistics should be used cautiously as they can be easily manipulated. (C)</p> Signup and view all the answers

What does the text suggest about the importance of trust in overcoming objections?

<p>All of the above. (D)</p> Signup and view all the answers

When a medical provider objects to using a specialty pharmacy, stating that they already have a good relationship with another pharmacy, what is the recommended approach?

<p>Explain how EZ Scripts is different, and request a chance to demonstrate their value. (D)</p> Signup and view all the answers

What is the primary objective when a medical provider raises the objection of already working with a similar company?

<p>Build trust by understanding the existing relationship and offering a compelling alternative. (C)</p> Signup and view all the answers

What is the most appropriate response to the objection "The insurance carrier/adjuster/TPA told me to never use an out-of-network pharmacy?"

<p>Clarify that patients have the right to choose their pharmacy and are not bound by the insurer's directives. (D)</p> Signup and view all the answers

How should one address the objection, "I already work with a rep from a similar company"?

<p>Explain how EZ Scripts is different and offer a chance to demonstrate their value. (B)</p> Signup and view all the answers

What is the most important point to emphasize when addressing the objection, "The insurance carrier/adjuster/TPA told me to never use an out-of-network pharmacy?"

<p>Clarify that patients are not bound by the insurance carrier's directives and have the choice to use an out-of-network pharmacy. (D)</p> Signup and view all the answers

What is the best approach to convince a medical provider to use EZ Scripts, given their existing relationship with another pharmacy?

<p>Explain how using EZ Scripts alongside their current pharmacy can enhance patient care and give the practice options and flexibility. (B)</p> Signup and view all the answers

What does the text advise against while addressing the objection "I already work with a company or a rep with a similar company"?

<p>Badmouthing the competitor to demonstrate EZ Scripts' superiority. (A)</p> Signup and view all the answers

When a medical provider cites an insurance carrier's directive to avoid using out-of-network pharmacies, what is the crucial point to address?

<p>The patient's freedom to choose their desired pharmacy, regardless of network restrictions. (A)</p> Signup and view all the answers

Flashcards

Existence of Objections

Objections are present in almost every discussion or presentation.

Hidden Objections

Many objections are not openly stated and can be difficult to identify.

Open-ended Questions

Questions that encourage detailed responses and uncover hidden objections.

Clarity in Communication

Being very clear in your message helps reduce misunderstandings and objections.

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Confidence in Delivery

Delivering your message confidently can help persuade others and lessen objections.

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Addressing Specific Objections

When a specific objection is detected, address it immediately to build trust.

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Trust in Relationships

Building trust is essential for long-term relationships in business.

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Utilizing Statistics

Support your opinions with statistics or data to validate your points.

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Viewing as a Provider

Understand the importance of being seen as a medical partner, not a vendor.

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Ease of Use with E-scripts

Using electronic prescriptions simplifies the referral process for medical providers.

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Impact on Settlements

Highlight that using a specialty pharmacy can increase future legal settlements.

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PBM Involvement Effects

Understand the consequences of Pharmacy Benefit Manager involvement in prescriptions.

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Objection Handling

Learn strategies to address objections without badmouthing competitors.

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Unique Value Proposition

Differentiate your services by emphasizing unique benefits and customer service.

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Out-of-Network Pharmacy

Clarify the implications of using out-of-network pharmacies for patients.

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Patient Choice in WC Pharmacy

Patients have the right to choose their workers' compensation pharmacy.

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Evaluating Fit for Services

Assess whether a potential account aligns with your offerings and strengths.

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Understanding Miscommunication

Determine if a misunderstanding exists regarding pharmacy choices and directives.

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Handling Information Requests

Respond to requests for callbacks effectively by staying in control.

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Misconception of Quick Service

Many patients think they can easily get medications but only ~50% are authorized immediately.

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Rebuilding Trust

Assure clients that your service is different and ask for their past issues.

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Specialization in WC Medications

Educate accounts on the complexities of workers' compensation medications.

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Storytelling in Sales

Use relatable stories to illustrate your service's value to accounts.

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Framing objections

The process of addressing and interpreting client objections positively.

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Negative reaction management

The practice of not reacting negatively to client objections.

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Firm and pleasant approach

Responding to objections in a straightforward and kind way.

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Moving the line of progress

Each objection addressed moves client perception positively.

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Client perspective matters

Understanding that client perception shapes the interaction.

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Common objections

Frequent reasons clients may resist or question offerings.

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Objection #1: Too expensive

A common objection regarding the pricing of services.

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Effective rate of payment

The actual amount received after billing, often lower than billed.

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Objection #2: Patient independence

Clients may feel they cannot influence patient choices post-prescription.

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Flushing out hidden objections

Asking questions to uncover underlying client concerns.

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Study Notes

Objections (and how to overcome them)

  • Objections almost always exist
  • People's methods of processing information haven't changed significantly, but how they absorb information has
  • Objections are often hidden
  • Open-ended and targeted questions are essential to uncover objections
  • Most objections stem from misunderstandings

Framing Objections

  • Objections Almost Always Exist: How people take in information has changed. Objections are hidden. Targeted questions help find them. Objections are often rooted in misunderstandings.
  • Most Objections Are Hidden: Be aware that the majority of objections are hidden.
  • Strategies to Expose Hidden Objections: Use open-ended and targeted questions. Be clear and confident in your message. Support your opinions with data, like studies, statistics, or past similar situations. Use the "feel, felt, found" approach.
  • Addressing Specific Objections Immediately: If an objection arises, deal with it right away. It's best for the group to hear it from you, own it, and define it. This strengthens long-term relationships. Trust is key in these relationships.

Handling Objections

  • Don't React Negatively: Even if you strongly disagree, temper your reaction. Practice in front of a mirror. A firm, straightforward, and pleasant approach is effective ("You get more flies with honey than with vinegar").
  • Objections Are Opportunities: Progress can be viewed as a line on a graph; moving from zero interest to high interest, when objections are overcome, the line moves to the right. Objections give insight into client perspectives. Focus on how clients perceive information, not just the facts you know.

Common Objections

  • Objection #1: "You're too expensive": Explain pricing, including the maximum allowable rate and fee schedules. Explain that sometimes you won't get payment for medications at the fee schedule.
  • Objection #2: "I give the patient the prescription, and they do what they want": Show that you are a fellow medical provider, not a vendor. Explain process efficiency of e-scripts. Consider situations involving attorneys and legal firms, and what can happen in scenarios involving PBMs.
  • Objection #3: "I already work with a company/rep": You are different from competitors. Focus on the value you provide, such as patient-centered care. Avoid disparaging competitors
  • Objection #4: "The insurance carrier told me not to use you": Evaluate the account. Verify good fit and choice for WC pharmacies. Identify potential misunderstandings.
  • Objection #5: "Just leave your information, and someone will call you back": Call their bluff. Provide thorough information. Engage directly, and ask about preferred methods for the account, or how they would handle it.
  • Objection #6: "Why send when they can pick up locally": This is a common misconception. State common authorization times (50% usually authorize immediately.) Explain the differences in WC prescriptions.
  • Objection #7: "I tried a similar service and didn't like it": Emphasize that you are different from each other. Determine the reasons behind the prior negative experience. Reassure clients.
  • Objection #8: "We don't need your service": Educate the account on the challenges of WC medications. Highlight your expertise. Share success stories or case examples of happy clients. Ask about their priorities.

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