Presentation on theme: "Assisting the Customer in Making a Wise Buying Decision."— Presentation transcript:
Assisting the Customer in Making a Wise Buying Decision
WHAT TYPES OF HELP DO CUSTOMERS EXPECT FROM SALESPEOPLE?
Types of Customers: decided undecided just-looking
THE SALESPERSON’S MOST IMPORTANT FUNCTION IS SELLING http://www.youtube.com/watch?v=LtXw1eKYAww
Salespeople Can Provide Assistance To Their Customers By: Asking questions Assisting customer in selecting product Demonstration product features Explaining customer benefits Answering customer objections Asking the customer to buy Suggesting additional merchandise Reassuring the customer
Sources of Product Information merchandise itself salespeople customers personal experience merchandise publications other sources
B U S I NESS “In business, the U comes before the I.” http://www.youtube.com/watch?v=cnVf2FGALhY
PURPOSE OF THE APPROACH: Welcome the customer Gain the customer’s confidence and trust Direct the customer’s attention to the product http://www.youtube.com/watch?v=NK51QkROpos http://www.youtube.com/watch?v=I6dWyRD7Lvc&feature=r elated
TYPES OF CUSTOMER APPROACHES Merchandise approach Welcome approach Service approach http://www.youtube.com/user/MissyQuest#p/u/14/nrHF_eBYdtk http://www.youtube.com/user/MissyQuest#p/u/19/UFtsnTh1hoU
QUALIFYING YOUR CUSTOMER Observe your customer Give a selling statement Ask questions Listen to your customer
PRINCIPLES OF EFFECTIVE LISTENING Prepare to listen Stop talking and listen Pay attention Look and act interested Don’t interrupt Give customer time to think Use listening responses Practice listening
A Product Feature… is anything you can: -See or hear -Feel or touch -Smell or taste answers the question: What is It?
A Buyer Benefit… Is a gain, satisfaction, or personal benefit received by the customer. Answers the question: What does it mean to me? Or how will I benefit?
TYPES OF QUALIFYING QUESTIONS WHO will use the product? WHAT does your customer expect from the product? WHERE will the product be used? HOW will the product be used? WHEN is the product needed? WHAT are your customer’s likes and dislikes? http://www.youtube.com/watch?v=r8Q5 tRUsUeo
Buying Decision Objections product Place Price Time quantity
HOW TO ANSWER CUSTOMER OBJECTIONS Listen to the objection Pause before answering Show empathy for your customer Restate the objection Answer the objection
Techniques for Answering Objections Yes, but Direct denial Superior point Boomerang Question Demonstration Third-party Close on an objection
WHEN TO CLOSE THE SALE: BUYING SIGNALS
CLOSING TECHNIQUES Ask-Your-Customers-To-Buy Close Choice Close Assumption Close Advantages-and-Disadvantages Close Premium Close Last-Chance-To-Buy Close Standing-Room-Only Close Testimonial Close Objection Close Related-Merchandise Close Others
Suggestion Selling Is… A personal service to the customer. A reminder to customers of needed merchandise. A help to customers in satisfying their needs and wants. A benefit to the business, salesperson, and customer.
WHAT TO SUGGEST TO YOUR CUSTOMERS Related Merchandise New Merchandise Larger Quantities of Merchandise Better Quality Merchandise Merchandise Specials Merchandise for Special Occasions
How To Make Customer Suggestions Close the original sale first Make the suggestion from the customer’s point of view Make a specific suggestion Demonstrate the benefits of the suggested merchandise http://www.youtube.com/watch?v=4zakyg3thfY