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Marketing Chapter 13

QuestionAnswer
First Step of the Sale Approach the customer: greet face to face
Second Step of the Sale Determining Needs: Learn what the Customer is looking for
Third Step of the Sale Presenting the product: Educate the customer about the product
Fourth Step of the Sale Overcoming Objections: learn why customer is reluctant to buy, provide information to remove uncertainty
Fifth step of the Sale Closing the sale: Get customer to agree to buy
Sixth Step of the Sale Suggestion selling: suggest customer buy additional products or services
Seventh Step of the sale Relationship Building: create ways to maintain contact after purchase
The frst face to face contact with the customer The Approach
The approach is....... critical in the first few minutes, sets the mood
3 purposes of the approach: 1. Begin conversation 2. Establish relationships 3. Focus on the product
How to treat the customer in a retail approach 1. Observe customer from moment they enter; be alert to customer's interests 2. Treat customer as individual, be alert to customer's buying style (quick/slow); be entusiastic, courteous, eye contact
Approach in B2B Sale 1. Arrive early to appointment 2. Introduce yourself (firm handshake and smile) use customers name 3.comment on something that matters to get customers attention (save money, increase sales.....)
How many products do you show the customer at a time? 3
What do you say to the customer? Point out features and benefits (how relate to customers needs); use descriptive adj and action verbs( dont use nice, fine, cool....)
Jargon technical or industry specific terms - B2B
Layman's Terms words typical customer can undersatnd - RETAIL
4 Techniques to make the presentation to come alive 1. Displaying/handling the product 2. demonstrating the product 3. using sales aids 4. Involving the Customer
Displaying/ handling the product creative display and handling (eye catching), the way you handle the product presents an image of its value, Handle the product with respect and use hand gestures to emphasize certain fffeatures
Demonstration shows how to use the product, builds customer confidence
Demonstrate..... how to use it, prove selling points
Presentation Techniques/sales aids use sales aids if it is impractical to demonstrate (ie magazine ads) especially important in B2B situations
Involve the customer Get the customer physically involved ASAP (appeal to customers senses), If the customer is involved they will make beter buying decisions, if you lose their attention ask questions to regain
What 3 methods help determine Customers Needs Observing, listening, questioning
which approach method is the most effective? Merchandise approach
What price range should you show customer if unsure medium price range, price can go up or down depending on feedback
Retail approach that focuses on the product merchandise approach
Nonverbal communication is what percent of communication? 55%
Buying Style Wether a person shops quickly or slowly
What is the goal of presenting the product to a customer match customers needs to products features/benefits
what 3 groups benefit when customers needs are satisfied? Business, Customer, Salesperson
What 3 things can you say to get a B2B customers attention I can help: 1 save you money 2 increase sales/revenues 3 boost productivity 4 increase your profits
The Approach does...... 1. Begins conversation 2. Establishes relationship 3. Focuses on the product
Created by: gedancer
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