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SELLING IS: Assisting the Customer in Making a Wise Buying Decision

Assisting the Customer in Making a Wise Buying Decision

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Page 1: Assisting the Customer in Making a Wise Buying Decision

SELLING IS:Assisting the Customer inMaking a WiseBuying

Decision

Page 2: Assisting the Customer in Making a Wise Buying Decision

WHAT TYPES OF HELP DO

CUSTOMERS EXPECT FROM SALESPEOPLE?

Page 3: Assisting the Customer in Making a Wise Buying Decision

Types of Customers: decided undecided just-looking

Page 4: Assisting the Customer in Making a Wise Buying Decision

THE SALESPERSON’S

MOST IMPORTANT FUNCTION IS

SELLINGhttp://www.youtube.com/watch?v=LtXw1eKYAww

Page 5: Assisting the Customer in Making a Wise Buying Decision

Salespeople Can Provide Assistance To Their Customers By:Asking questionsAssisting customer in selecting productDemonstration product featuresExplaining customer benefitsAnswering customer objectionsAsking the customer to buySuggesting additional merchandiseReassuring the customer

Page 6: Assisting the Customer in Making a Wise Buying Decision

Sources of Product Informationmerchandise itselfsalespeoplecustomerspersonal experiencemerchandise publicationsother sources

Page 7: Assisting the Customer in Making a Wise Buying Decision

BUSINESS

“In business, the U comes before the I.”

http://www.youtube.com/watch?v=cnVf2FGALhY

Page 8: Assisting the Customer in Making a Wise Buying Decision

PURPOSE OF THE APPROACH:

Welcome the customerGain the customer’s confidence and trust

Direct the customer’s attention to the product http://www.youtube.com/watch?v=NK51QkROposhttp://www.youtube.com/watch?v=I6dWyRD7Lvc&feature=related

Page 9: Assisting the Customer in Making a Wise Buying Decision

TYPES OF CUSTOMER APPROACHESMerchandise approach

Welcome approachService approachhttp://www.youtube.com/user/MissyQuest#p/u/14/nrHF_

eBYdtkhttp://www.youtube.com/user/MissyQuest#p/u/19/UFtsnTh1hoU

Page 10: Assisting the Customer in Making a Wise Buying Decision

QUALIFYING YOUR CUSTOMERObserve your customerGive a selling statementAsk questionsListen to your customer

Page 11: Assisting the Customer in Making a Wise Buying Decision

PRINCIPLES OF EFFECTIVE LISTENING

Prepare to listenStop talking and listenPay attentionLook and act interestedDon’t interruptGive customer time to thinkUse listening responsesPractice listening

Page 12: Assisting the Customer in Making a Wise Buying Decision

A Product Feature…• is anything you can:

-See or hear -Feel or touch -Smell or taste

• answers the question: What is It?

Page 13: Assisting the Customer in Making a Wise Buying Decision

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?

Page 14: Assisting the Customer in Making a Wise Buying Decision

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=r8Q5tRUsUeo

Page 15: Assisting the Customer in Making a Wise Buying Decision

CUSTOMERS BUY

BENEFITS!http://www.youtube.com/watch?v=8kZg_ALxEz0&feature=related

Page 16: Assisting the Customer in Making a Wise Buying Decision

Buying Decision Objections•product•Place•Price•Time•quantity

Page 17: Assisting the Customer in Making a Wise Buying Decision

HOW TO ANSWER CUSTOMER OBJECTIONS

Listen to the objectionPause before answeringShow empathy for your customer

Restate the objectionAnswer the objection

Page 18: Assisting the Customer in Making a Wise Buying Decision

Techniques for Answering ObjectionsYes, butDirect denialSuperior pointBoomerangQuestionDemonstrationThird-partyClose on an objection

Page 19: Assisting the Customer in Making a Wise Buying Decision

WHEN TO CLOSE THE SALE:

BUYING SIGNALS

Page 20: Assisting the Customer in Making a Wise Buying Decision

CLOSING TECHNIQUESAsk-Your-Customers-To-Buy CloseChoice CloseAssumption CloseAdvantages-and-Disadvantages ClosePremium CloseLast-Chance-To-Buy CloseStanding-Room-Only CloseTestimonial CloseObjection CloseRelated-Merchandise CloseOthers

Page 21: Assisting the Customer in Making a Wise Buying Decision

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.

Page 22: Assisting the Customer in Making a Wise Buying Decision

WHAT TO SUGGEST TO YOUR CUSTOMERSRelated MerchandiseNew MerchandiseLarger Quantities of MerchandiseBetter Quality MerchandiseMerchandise SpecialsMerchandise for Special Occasions

Page 23: Assisting the Customer in Making a Wise Buying Decision

How To Make Customer SuggestionsClose the original sale firstMake the suggestion from the customer’s

point of viewMake a specific suggestionDemonstrate the benefits of the suggested

merchandise

http://www.youtube.com/watch?v=4zakyg3thfY

Page 24: Assisting the Customer in Making a Wise Buying Decision

Quizlet – 2.08 & 2.092.08

http://quizlet.com/6997966/mktg-207-2011-flash-cards/

2.09

http://quizlet.com/7216591/mktg-208-c-2011-flash-cards/

http://quizlet.com/7216286/mktg-208-b-2011-flash-cards/

http://quizlet.com/7215578/mktg-208-a-2011-flash-cards/

Page 25: Assisting the Customer in Making a Wise Buying Decision

Sales process project