4.02 Recognize the steps of the selling process..

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Presentation transcript:

4.02 Recognize the steps of the selling process.

Approach The __________ encounter with a customer – The initial approach is critical. It should be positive, create a favorable impression, and create interest in the _____________.

Service Approach Considered the __________ effective approach method. Should only be used when the _____________ is obviously in a hurry or when selling a service. Example ???

Greeting Approach Used to acknowledge customer’s presence and establish rapport May include introduction of oneself Can be combined with service or merchandise approach Ex. “Good _____________! Is it still raining outside?”

Merchandise Approach Includes comments or questions about the merchandise the customer is looking at or handling Considered the most ___________ approach Ex. “The Atlanta Braves jersey will not shrink when washed.”

Sales Approaches in SEM include: Telemarketing Direct mail Personal _________

Determine the Needs of Customers Observe Listen Question

Observe The nonverbal _____________ of the customers and how they express themselves through body language

Listen to Customers Maintain good ___________-contact Provide verbal and non-verbal feedback Give customers undivided ______________ Listen with empathy and an open mind Do not _________________

Question Customers Well-chosen questions can help uncover needs and buying motives while putting customers at ease Begin with general _______________ and then progress into specific questions Ask open-_____________ questions (more then a ________ or no) and then explain the benefits Ex. ________________________________

Product Presentations & Demonstration Actively involve the __________________ Show the product to the customer and tell him about its _________________ (Called show and tell) – Never show more than _________ items at a time – When in doubt, show ___________-priced items first; which means the salesperson can go up or ____________in price based on customer’s reactions and comments.

Make the Presentation Come Alive Involve the customer by putting the product in the customers’ _____________ Demonstrate how the ______________ works Ex. When a customer is purchasing season tickets, offer to show them where they will be ________________

Overcome Objections An objection is a reason, concern, or hesitation a customer has for not making a purchase Ex. “I really want both the sweatshirt and short sleeve shirt, but I can’t afford both.”

Common Objections May be spoken or unspoken May be logical or psychological May relate to the need, product, price, salesperson, source, store, or time May occur at any point in the sale Should be welcomed

To Handle Objections: Listen Acknowledge Restate Answer the objection

Methods for Handling Objections Boomerang Question Superior Point Denial Demonstration Third Party

Boomerang The objection comes back to the customer as a selling point Ex. If a customer states, “I can’t believe this concert ticket is so expensive.” The salesperson’s response might be,” I understand, but _____________________.”

Question The customer is _____________ in an attempt to learn more about the objections raised Ex. “Why don’t you want to buy running shoes, especially if you are starting to get more involved in 5k events?”

Superior Point The salesperson acknowledges the objection as valid, but offsets them with other _____________ and benefits Ex. If a customer states, “I went to a Charlotte Checkers game last week and the tickets were $10 cheaper than the Hurricanes tickets.” The salesperson’s response might be, “Yes, that would be correct, but last year the Carolina Hurricanes were in the Stanley Cup Finals and the Checkers are not part of the National Hockey League.”

Denial Provide proof and accurate information when answering objections Best used when the customer has wrong information or when the objection is in the form of a question Ex. If a customer states, “I really don’t want to pay a $150 joining fee in advance.” The salesperson’s response might be, “You don’t have to pay in advance, we can spread the joining fee over a six month period if you like.”

Demonstration Answering objection by showing one or more features “Seeing is _______________”

Third Party Uses a previous customer or another neutral person who can give a testimonial about the product Can be verbal or non-verbal (letter) Ex. “The Carolina Hurricanes have always purchased their team equipment from us. As a matter of fact, let me show you a letter we just received from their equipment manager.”

Closing the Sale Obtaining a positive agreement from the customer to buy Ex. “Would you like this gift wrapped?”

Customer Readiness in Closing Buying signals – Facial expressions, body ___________, comments – Physical actions – nodding, reaching for wallet – Comments – “I really like it; it fits well.” – Questions – “Do you have another one for my son?” Trial close – Used to get an indication of what needs to be done to ___________ the sale – Ex. “Would you like to wear the shoes home?”

General Rules for Closing the Sale If the customer is ready to make a buying decision, stop ______________ about the product When a customer is having difficulty making a buying decision, stop showing ____________ merchandise Summarize the major features and _________________ of a product Do not rush a _____________ into making a buying decision

General Rules for Closing the Sale continued... Use words that indicate ownership like ______ and your Use major objections that have been resolved to close the __________ Use effective product _________________ to close the sale Look for minor agreements from the customer on selling points that lead up to the close

Specialized Closing Methods Which close Standing-room-only close Direct close Service close

Which Close Remove unwanted items to bring the selection down to _________ Review the benefits of each Ask the customer, “______ one do you prefer?” Which one?

Standing-Room-Only Close Used when a product is in short ___________ or when the price will be _________________ in the near future Ex. “If you purchase the signage at the RBC Center today, you will save your club over $2,000. Next month, there will be a 10% price increase.”

Direct Close Salesperson ____________ for the sale Ex. “May I initiate the paperwork for your sponsorship of our charity event?”

Service Close Explains _________________ that overcome obstacles or problems Ex. “Now, let’s talk about when you would like the system installed.”

Suggestion Selling Beneficial to the customer and the salesperson Customer receives the benefit of goods or ________________ that will compliment the initial purchase Ex. “How about an ice-cold Diet Vanilla Coke to go with that hotdog?”

Suggestion Selling continued... Enhances the original ______________ Not intended to force unnecessary items onto the _________________ Takes place after the customer commits to make the original purchase, but before the sale is entered into the ______________

Suggestion Selling continued... Three methods used: – Cross selling: Offering related _______________ – Upselling: Recommending __________ quantities – Special sales opportunities: Calling attention to special sales opportunities One for $3.50 Three for $10.00

Relationship Marketing Involves strategies _______________ use to stay close to their customers Crucial to keeping customers as _________ customers Ex. Mailing or ing a bi-monthly newsletter to any customer of the stadium store

Benefit Selling Informing customers of new benefits about a sports or _____________________ product Ex. Rather than purchase a gym membership that will expire in six months, a customer purchases a booklet of “admission tickets” that do not __________ until they are redeemed.”

After-Sale Activities Used to develop and nurture customer relationships and loyalty in developing an on- going dialog with customers in preparation for future _______________ Ex. Taking payment or taking the order, departure activities such as reassuring the customer, following-up on commitments made, and evaluating selling skills

Do you know – step and method?? How can I help you? – Approach, Service Why don’t you buy the bigger size for $2.00 more? – Suggestion selling, upselling No actually the bike can go up hills w/ out losing speed – Overcoming objections, denial How many items to show? What – product present, no more then three Cash or credit? – Closing, direct

Do you know – step and method?? Talking about the features and benefits after the customer buys – Relationship marketing, benefit selling My mom uses that and she said she liked it – Overcoming objections, third party Three things you do when determing customers needs: – Observe, listen, question Do you want the black or red? – Closing the sale, which If you buy $50 worth of products you get a gift card – Suggestion selling, special sales opportunities