Chapter 14 * Presenting the Product
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Transcript Chapter 14 * Presenting the Product
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, for example, must be able
to relate to the customer on all these levels
in order to close the sale.
Selling
is, in many ways like putting a jigsaw
puzzle.
you analyze the various parts by shape and size.
When
you sell, you analyze your customer’s
needs and buying motives.
use that information to begin framing your
product presentation.
1st
What product or products to show your customer
2nd
Step
Step
Think about what you are going to say and how
you are going to say it
After
you have learned the customer’s
intended use of a product, you should be
able to select a few samples that match
those needs.
Begin
by showing a medium-priced product.
You can then move up or down in price one
you begin to get some customer feedback
To
avoid overwhelming your customer, show
no more than 3 products at a time.
When a customer wants to see more than 3,
put away the displayed products in which the
customer shows no interest
Why would you do this?
Talk
about the product’s features and
benefits.
Tell your customer the product features that
match his or her buying motives and needs.
Use highly descriptive adjectives and active
verbs when describing product features.
Avoid unclear words such as nice, pretty, and
fine.
Use Layman’s terms – words the average
customer can understand
If
you are loosing your customers attention,
ask a simple question.
Example: Now that you’ve seen the features of
this product, what do you think about it?
The
key is keeping the customer involved
Display
and Handle the product
Show the customer any special features of the
product
Demonstrate
Show the customer how the product works
Involve
the Customer
If possible let the customer try the product
When
you cannot determine a customers
intended price range, what price level of
product should you show?
For security purposes and to make your sales
presentation effective, what would you do if
a customer asks to see six pairs of expensive
earrings?
Objections
Concerns, hesitations, doubts, or other honest
reasons a customer has for not making a
purchase
Excuses
Reasons for not buying or not seeing the
salesperson
Objections
can occur at any time during the
sales process and should be answered
promptly.
Objections can guide you in the sales process
by helping you redefine the customer’s needs
and determine when the customer wants
more information.
Objection
Analysis Sheet
A document that lists common objections and
possible responses to them.
Thinking of objections ahead of time gives you an
idea of how to handle other objections.
Need
Usually occur when the customer does not have
an immediate need for the item or wants the
item but does not truly need it
Product
Objections based on the product itself are more
common
They include concerns about things such as
construction, ease of use, quality, color, size, or
style.
Source
Often occur because of negative past
experiences with the firm or brand
Price
More common with expensive merchandise.
Time
Reveal a hesitation to buy immediately
Ex. I think I’ll wait until July when you have your
summer sale to buy those sandals.
Listen
Carefully
Acknowledge the Objections
Restate the Objections
Answer the Questions
Substitution
Involves recommending a different product that
would satisfy the customer’s needs
Boomerang
method
method
Brings the objection back to the customer as a
selling point
Example
Questions
Question the customer to learn more about the
objections. While answering your inquiries, the
shopper may even come to realize that an
objection may not be valid.
Superior-Point
Method
Permits the salesperson to acknowledge
objections as valid yet still offset them with
other features and benefits.
Find
a few ads (2) that promote products
such as clothing, pharmaceuticals,
cosmetics, athletic footwear, etc. Write a
brief description of the ads you selected.
Then note whether the ads give
information about the products’ features
and benefits. Explain why they do or why
they don’t.