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Chapter 13 Initiating the Sale.

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Presentation on theme: "Chapter 13 Initiating the Sale."— Presentation transcript:

1 Chapter 13 Initiating the Sale

2 7 Steps of the Sale 7 Steps of the Sale: Approach Determining Needs
Presenting the Product Overcoming Objections Closing the Sale Suggestion Selling Relationship Building

3 Step 1 – The Approach The approach is critical because…
Creates 1st impression of salesperson by customer Sets the mood for sales process Considered as the “key” to successful selling

4 Purposes of the Approach
to begin conversation (be alert to customer interests) to establish rapport (don’t stereotype) to focus on the merchandise (determine buying style)

5 Timing the Approach Timing the approach is important…
when customers are in an obvious hurry, approach them quickly when undecided, let them look around look for non-verbal cues always approach every customer w/in first 10 seconds

6 Approach in B-to-B Selling
prior research (pre-approach) can make it easier to identify customer’s personal interests (can make approach easier than in retail)

7 3 Approach Methods (Retail)
1. Service Approach – asking customer if s/he needs assistance: “How can I help you?” OK when customer is in an obvious hurry

8 3 Approach Methods (cont.)
2. Greeting Approach – “Good morning!” “Hi, Mr. Schmoe, how are you today?” Establishes positive atmosphere Opens the lines of communication Good when customers appear to be “shopping” Follow this approach with a pause…wait for the customer to continue conversation

9 3 Approach Methods (cont.)
3. Merchandise Approach – a statement that focuses on the product a customer is looking at: “That IPod Classic can hold over 40,000 songs!” Excellent approach to get focused on the merchandise Use when customer is looking at a product Attempt this approach after allowing customer to browse following the “greeting” approach Most effective approach method

10 Step 2 – Determining Needs
Involves finding customer’s reason for wanting to buy Should be done as early in the selling process as possible—immediately after the approach In B to B selling this is actually done during the pre-approach

11 3 Methods of Determining Needs (Qualifying the Customer)
Observing—look for/interpret nonverbal communication—expressing one’s self without the use of words (i.e. length of time customer looks at product/display; avoid stereotyping!) Listening—eye contact; concentrate; don’t interrupt

12 3 Methods of Determining Needs
3 Methods of Determining Needs (cont.): 3. Questioning—ask open-ended questions—method for encouraging customers to converse ask clarifying questions don’t “cross-examine” the customer! don’t put customer “on the spot” NEVER ask the “dumbest” question a salesperson can ask... “How much are you looking to spend?”


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