3 tips on how to react to a prospect's objection that they already have the product from a different supplier

Competition is high in all fields of business, and it's highly likely that prospects are already getting the product or service that you are offering from a different supplier – and oftentimes it is your direct competitor. If the prospect says they already have the product, this is mostly the end of the interaction, because many salespeople don't know how to handle such a remark. Here are several tips on how you can move the conversation forward,  even in this situation.