Handling Customer Questions and Objections. Objection or Excuse? n Objections - Honest reasons a customer has for not making a purchase. n Excuses - Insincere.

Slides:



Advertisements
Similar presentations
OVERCOMING OBJECTIONS
Advertisements

Sales Process Preapproach Approach the customer Determining Needs
Marketing Objective 5.03 The Sales Process.
CHAPTER 14 – PRESENTING THE PRODUCT –. SHOW & TELL PROCESS 1. Select a few sample products: match product features to customer’s needs 2. Determine customer’s.
Unit 5.  Selling an expensive product such as a car relies on both product features and on emotional aspects of decision making.  A car salesperson,
Chapter Steps of a Sale.
SELLING IS: Assisting the Customer in Making a Wise Buying Decision.
Chapter 14 Presenting the Product
Sales and Service Chapter #7 Customer Objections.
Chapter 14 presenting the product Section 14.1 Product Presentation
Have a Customer Focus Understand the selling process and the importance of customer service.
The Sales Process Chapter 14.1 & 14.2 Chapter 14.1 and 14.2 Steps 4 and 5.
Opening Question #1 – 3/?/13 In your own shopping experiences, list some common reasons that customers OBJECT to buying a product.
Understand sales processes and techniques to enhance customer relationships and to increase the likelihood of making sales. Marketing Indicator 2.09.
Marketing Indicator 2.08 Understand sales processes and techniques to enhance customer relationships and to increase the likelihood of making sales.
Do Now Exercise: 5 minutes:
Selling Satisfies Customers
What Is Selling? Chapter 13 Initiating the Sale Section 13.1 The Sales Process Section 13.2 Determining Needs in Sales Section 13.1 The Sales Process Section.
Steps of the Sales Process
THE SELLING PROCESS. Process of matching customer needs and wants with to the features and benefits of a product or service Selling.
Welcome Your Prospect’s Objections
5.03Summarize the sales process. The approach is…  The first encounter with a potential customer  Service approach  Greeting approach  Merchandise.
Selling What you need to know to be a good salesperson!
4.02 Recognize the steps of the selling process..
Chapter 14 Presenting the Product
Review Steps of the Sale Steps of the Sale Reasons for prospecting Reasons for prospecting Prospect requirements Prospect requirements.
What is Selling? Helping customers make satisfying buying decisions by communicating how products and their features match customers’ needs and wants.
Chapter 13&14 Review Marketing ∙ Minot High School.
Unit: Intro to Selling.
Guide To A Successful NYC Trade Show March 25, 2010.
Selling Chapters
Chapter #7 Customer Objections.   1) Excuse – Usually given when the person has no intention of buying. May be based on fact. (I haven't got time).
CHAPTER 14 & 15 MARKETING DYNAMICS STUDY GUIDE. Layman’s terms words the average customer can understand.
Copyright © Texas Education Agency, All rights reserved. 1.
Handling Complaints. Understanding Objections Objections are concerns, hesitations, doubts, or other honest reasons a customer has for not making a purchase.
Product Presentation Techniques
Chapter 16 Handling Questions & Objections. The Steps of a Sale 1.Preapproach (14) 2.Approaching the Customer (14) 3.Determining needs (15) 4.Presenting.
Handling Objections. Objections are… Doubts customers have for not making a purchase. Can be positive because the sales person has opportunity to present.
1 Five Specific Techniques for Handling Objections 1. Feel, Felt, Found Answer it by referring to a third party and using that experience as your “proof.
Bell Ringer  Have you ever gone shopping without the intention of buying anything?  What are some of the circumstances when salespeople tired to help.
Bell Work 8/31/15 When you cannot determine customer’s intended price range, what price level of product should you show ? Why?
Determine Customer Needs & Overcoming Objections Marketing 2.09.
–Objections are concerns, hesitations, doubts, or other honest reasons a customer has for not making a purchase. Objections give you an opportunity.
CHAPTER 14 Presenting the Product. SECTION ONE Product Presentation.
The Sales Process Seven Steps of Selling.
Handling Customer Objections
Product Presentation Chapter 14 Presenting the Product Section 14.1 Product Presentation Section 14.2 Objections Section 14.1 Product Presentation Section.
Identify the objection category “That school has to many kids I don’t think I should send my kid there”
Presenting the Product Chapter 14. Sec – Objections The difference between objections and excuses The five buying decisions upon which common objections.
Presenting the Product Chapter 14. The Goal of the Presentation Match customer’s needs with appropriate product features and benefits. To do this, follow.
Section 14.1 Product Presentation Chapter 14 presenting the product Section 14.2 Objections.
Handling Customer Questions and Objections
Overcoming Objections
The Sales Process Chapter 14.1 and 14.2 Steps 4 and 5.
How does an effective salesperson handle customer objections?
Marketing Indicator 2.09 Understand sales processes and techniques to enhance customer relationships and to increase the likelihood of making sales.
Identify the steps of Selling.
Identify the steps of Selling.
Identify the steps of Selling.
Handling Complaints.
Selling techniques to increase the likelihood of making sales.
Marketing Indicator 2.09 Understand sales processes and techniques to enhance customer relationships and to increase the likelihood of making sales.
Handling Customer Questions and Objections
Jen is trying to sell her product, Awesome IRON™
Presenting the Product
Handling Customer Questions and Objections
The Sales Process Chapter 14.1 & 14.2
Principles of Marketing
Marketing Indicator 2.09 Understand sales processes and techniques to enhance customer relationships and to increase the likelihood of making sales.
Chapter 14 Presenting the Product
Presentation transcript:

Handling Customer Questions and Objections

Objection or Excuse? n Objections - Honest reasons a customer has for not making a purchase. n Excuses - Insincere reasons for not making a purchase.

Handling Customer Questions and Objections Objections! A welcomed thing? n Objections give you an opportunity to present more information about the product to the customer.

Handling Customer Questions and Objections Common Objections n Need - Is the desired product a want or a need? n Product - Concern about construction, quality, size, appearance, or style. n Source - Where the product is made, sold from, etc....

Handling Customer Questions and Objections Common Objections n Price - Is it truly within the customer’s price range? n Time - Is the customer in the position to purchase the product now?

Handling Customer Questions and Objections Handling Objections n Listen - Let the customer talk! n Acknowledge - Show you care about the customer. n Restate - Paraphrase the objection in a different way to show you understand. n Answer - Use the objection to further define the customer’s need.

Handling Customer Questions and Objections Methods of Handling Objections Boomerang n The objection comes back to the customer as a selling point. n Do not sound like you are trying to outwit the customer. n Use a friendly, helpful tone of voice.

Handling Customer Questions and Objections Methods of Handling Objections Question n Question the customer in order to learn more about the objections raised. n Show courtesy and respect in order to keep the customer from becoming defensive.

Handling Customer Questions and Objections Methods of Handling Objections Superior Point n Acknowledge the objection yet offset them with other features and benefits. n The customer is in a position to decide between the different features, thus seeing additional reasons for buying.

Handling Customer Questions and Objections Methods of Handling Objections Direct Denial n Used when the customer has misinformation or when the objections are in the form of a question. n Back up the negative reply with proof and accurate facts.

Handling Customer Questions and Objections Methods of Handling Objections Demonstration n Illustrating one or more features of a good or service. n “Seeing is believing”

Handling Customer Questions and Objections Methods of Handling Objections Third Party n Using a previous customer or a neutral person who can talk about the product.