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Chapter Steps of a Sale
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Eight Steps to a Sale Preparation Approach the Customer
Determine Needs Present the Product Overcome Objections Close the Sale Suggestions Relationship Building
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Preparation Product Information – know what you sell
Industry Trends – know your competition Prospects – know potential customers Employer Leads Directories (telephone/trade/publication) Newspapers Commercial Lists Customer Referrals (endless chain) Cold Canvassing
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Question # 1 What do you think the most common opening line is in a retail sales approach? How do you typically reply to this approach?
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Approach the Customer Service Approach Method – offers assistance, often met with a negative response Greeting Approach Method – welcome the customer with a rising tone, wait for response Merchandise Approach Method – start with comments or questions about product, offer information not already apparent
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Determining Needs Assess before the pitch
Observing – non-verbal signs, direction of attention Listening – give attention, don’t interrupt, provide feedback Questioning – find out who, what, where, when, why, how, etc.
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Questioning Ask open-ended questions – let the customer do the talking
Ask clarifying questions – focus in on the customer’s needs Don’t ask too many in a row Don’t ask embarrassing or attacking questions
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Question # 2 What are some questions you could ask a man and a woman who are looking at microwaves? What is an example of an embarrassing or attacking question for this situation?
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Presenting the Product
Show and Tell Which to show?...based on the customer needs What price range?...middle ground, room to move How many at once?...no more than three What to tell?...feature/benefit, meaningful language
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Presentation Enhancements
Displaying / Handling – eye catching Demonstrating – makes more real Use Sales Aids – models, photos, charts, etc. Involve the Customer – envisions themselves
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Understanding Objections
Objections Vs. Excuses Common Objections Need Product (size, style, color) Source Price Time
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Handling Objections Boomerang Method – back with positive spin
Question Method – answer is likely yes Superior Method – acknowledge, overturn Denial Method – clarify the truth Demonstration – proof is in the performance Third Party Method - testimonials
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Closing the Sale Read buying signals Recognize opportunities
Trial close Help customers decide Create ownership Don’t talk too much Don’t rush the customer
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Specific Closing Methods
Which Close – identify two items / ask for a decision Standing-room-only close – limited time or limited quantity Direct close – Have you made a decision? Are you ready to buy? Service close – offer additional services along with purchase
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Suggestion Selling After commitment to buy has been made
Give reason for suggestion Use statements not questions Show the suggested item Make the suggestion positive
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Suggestion Selling Larger Quantity Related Merchandise
Special Sales Opportunity
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Relationships Remain courteous until the end
Reassure the customer of the purchase Say thank you If applicable, make a follow-up contact Offer chance for customer evaluation
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