Bell Ringer  When should you attempt to close the sale?  Should you wait until you have covered all selling points before closing?  Or could you close.

Slides:



Advertisements
Similar presentations
Closing the Sale Chapter 15.
Advertisements

Objectives Identify the characteristics of sales promotion
Sales Presentation Upon completion of this unit you will be expected to conduct an actual sales presentation, demonstrating mastery of each step of the.
Closing the Sale and Following Up. Recognizing Customer Buying Signals n Things a customer will do or say to indicate a readiness to buy. n Included:
Chapter Steps of a Sale.
Personal & Professional Sales (Spelunking Activity)
How to Close a Sale Step 5.
SELLING IS: Assisting the Customer in Making a Wise Buying Decision.
Product Presentation. Organizing the Product Presentation When you sell, you analyze your customer’s needs and buying motives. Then you use that information.
What Makes a Good Closer? Ask for the order and be quiet Get the order—then politely leave! The Close.
$100 I OBJECT CONSUMER MARKET MARK WITH AN “EX” CLOSING THE SALE $200 $500 $400 $300 $100 $200 $300 $400 $500 $100 $200 $300 $400 $500 $100 $200 $300.
When Should I Pop the Question?
Importance of Selling & The Selling Process. Retail Sales The objective of a retailer is to have what customers want when they want it. What Is Personal.
Marketing Co-Op Chapter 15.1 & Step Six: Closing the Sale  Obtaining an agreement to buy from the customer help  All steps up to now have been.
Chapter 15 Closing the Sale
Chapter 15 Closing the Sale
Have a Customer Focus Understand the selling process and the importance of customer service.
FINALIZING A SALE. Closing the Sale Closing the sale is obtaining an agreement to buy from the customer. All efforts up to this step of the sale have.
BRO Time: 4 Minutes Thinking back to a time when you have purchased a product from a salesman (shoe, phone, clothing, etc), what qualities and techniques.
Do Now Exercise: 5 minutes:
Section 15.1 Customer Buying Signals
Steps of the Sales Process
Copyright © 2002 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin 13-1.
Section 15.2 Effective Selling
Determine Customer Needs & Overcoming Objections
Markups and Discounts: Chapter 7.6 Goals: To find the NEW PRICE after a markup. To find a NEW PRICE after a discount.
Chapter 15 closing the sale Section 15.1 How to Close a Sale
Chapter 17 Closing the Sale & Following Up. The Steps of a Sale 1.Preapproach (14) 2.Approaching the Customer (14) 3.Determining needs (15) 4.Presenting.
4.02 Recognize the steps of the selling process..
Your presentation FAQs from customers Overcoming objections Closing the sale.
Unit: Intro to Selling.
Guide To A Successful NYC Trade Show March 25, 2010.
Closing the Sale Ch. 15 ME. How to Close the Sale Section 15.1.
Closing Begins the Relationship
Selling and Promotions 4.02 Recognize the steps of the selling process.
Created by J. Lewis Wells, M.Ed. April 20, Personal selling - is oral communication with potential buyers of a product with the intention of making.
4.02 Recognize the steps of the selling process..
CHAPTER 14 & 15 MARKETING DYNAMICS STUDY GUIDE. Layman’s terms words the average customer can understand.
4.02 Recognize the steps of the selling process..
Advanced Fashion: Standard 6 Selling Created by: Kris Caldwell Timpanogos High School.
Closing the Sale. Closing the sale is obtaining positive agreement from the customer to buy.
Sales and Service Chapter #3 What is the main objective in sales? supply needs of consumersupply needs of consumer.
Review 15.1 Things you need to know!. Perseverance A personal characteristic that causes one to view a failure as a challenge, not a defeat.
How does an effective salesperson close the sale and establish a relationship with the customer? Close the Sale & Follow-up.
Copyright © 2002 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Ryerson 11-1 Chapter 11 Closing~ The Beginning of a New Relationship.
Marketing October 13, 2015 The Personal Selling Process.
+ The Sales Process Steps Step 5: Closing the Sale Closing the Sale is obtaining positive agreement from the customer to buy. To close the sale,
MKTG- Sales Presentation Unit 1 SELLING Foundations of Business and Marketing for Work Based Education.
Section 14.1 Product Presentation Chapter 14 presenting the product Section 14.2 Objections.
Close the Sale & Follow-up
Closing the Sale.
Closing the Sale and Following Up
& How a Salesperson Sells
Entrepreneurship Sales 101 Presented By Mrs. Bowden.
Identify the steps of Selling.
The Selling Process Steps 6,7,8
Principles of Marketing
Closing the Sale and Following Up
Customer Buying Signals
Personal Selling LT: Identify effective methods (e.g., which, trial, standing- room-only, direct) used in closing a sale. Standard OG 9.
CH 15 – Section 1 Customer Buying Signals
Sales and Service Chapter #8.
Jen is trying to sell her product, Awesome IRON™
Personal Selling LT: Understand sales processes and techniques to enhance customer relationships. Standard OG3 & OG8.
Close the sale.
Chapter 15 Closing the Sale.
Personal Selling LT: Understand sales processes and techniques to enhance customer relationships. Standard OG3 & OG8.
How to close a sale Chapter 15.1.
Closing the Sale and Following Up
Chapter 15 Closing the Sale
Presentation transcript:

Bell Ringer  When should you attempt to close the sale?  Should you wait until you have covered all selling points before closing?  Or could you close immediately after the approach?  What is the rule of thumb?

CHAPTER 15 CLOSING THE SALE 15.1 Customer Buying Signals

What You’ll Learn:  The buying signals that a customer sends  The rules for closing a sale  The specialized methods of closing a sale

Closing the Sale  Timing the Close  Buying Signals – things customers do or say to indicate a readiness to buy  Trial Close – an initial effort to close a sale

General Rules for Closing the Sale  Behavioral Traits:  Radiate enthusiasm through out the sales process  Sincere and confident  Enjoy profession  Watch for early buying signals and close as soon as possible  Constantly practice sale-closing techniques  Recognize Closing Opportunities  Help Customer Make a Decision  Don’t Talk Too Much and Don’t Rush a Customer

Specialized Methods for Closing the Sale  Which Close – encourages a customer to make a decision between two items.  Standing-Room-Only Close – when a product is in short supply or when the price will be going up in the near future.  Direct Close – method in which you ask for the sale  Service Close – services that overcome the obstacle or problems (ex. This purchase comes with gift wrapping, warranties, guarantees, bonuses, and/or premiums)  Failure to Close

Wrap-up  What would you do if a customer had four items in front of him/her and was confused about making a purchase decision?