A prospect says your product is too expensive. Walk me through your next three questions.
Write your answer first
Saved on this device only — nothing is uploaded.
Reveal model answer & level guide
Too expensive usually means one of three things, so my questions are aimed at finding out which. First, expensive compared to what — another vendor, doing nothing, or an internal build? Second, is it the total or the shape, because a budget problem and a value problem look identical at this point and a payment structure fixes only one of them. Third, what would it need to be worth to justify the number? A strong answer does not discount before understanding which problem it is.
- Entry
- Ask what budget they had in mind.
- Mid
- Ask expensive compared to what, and separate budget from value.
- Senior
- Hold the number until you know which problem it is, and trade rather than discount.