Andy Elliot Objections Practice Test

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Why is it important to separate price objections from value objections?
Correct Answer:
Price objections often mask value gaps; addressing both yields stronger buy-in
Explanation:
The main idea is that price objections and value objections come from different concerns: price is about what the customer is willing to pay now, while value is about the benefits they expect to receive. Keeping them separate helps you diagnose the real reasons behind each hesitation. Price objections often mask value gaps—if the customer doesn’t see enough return or outcomes, the price feels too high. By exploring and articulating the value (quantifying ROI, tying features to concrete results), you address the root of the hesitation. Then you can handle the price side separately, whether by adjusting terms, offering a trial, or presenting a plan that aligns with the value delivered. This two-step approach tends to yield stronger buy-in because you’re first ensuring the buyer sees real value and then making the cost feel justified. Discounts alone don’t fix value gaps, and demonstrating value doesn’t automatically eliminate price concerns. Treating the two as related but distinct objections gives you a clearer path to resolution.

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