Handling Objections - PowerPoint PPT Presentation

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Handling Objections

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a point of difference between a customer and a salesperson that may prevent a sale. ... Point - Counterpoint. The Inquiry. Show em. Testimonial. Try it! ... – PowerPoint PPT presentation

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Title: Handling Objections


1
Handling Objections
  • SE LAP 100

2
Objectives
  • Explain the nature of objections in selling
  • Identify types of objections
  • Identify methods for converting objections into
    selling points
  • Demonstrate skill in converting objections into
    selling points

3
Objection
  • a point of difference between a customer and a
    salesperson that may prevent a sale.
  • a customers reason for not buying.
  • a positive challenge for a good salesperson.

4
Excuse. . .
  • an insincere and invalid statement used to hide a
    true objection.
  • a defensive statement that covers the real
    problem.
  • an artificial barrier that must be penetrated to
    reach the real objection.

5
Hidden Objections
  • I really dont think we need a poolside room.
  • I cant believe how much more a poolside room
    costs!

6
Welcome Objections
  • Need
  • Size
  • Color
  • Time
  • Price
  • Quality
  • Style
  • When objections are raised...
  • Dont panic
  • Keep a positive attitude!
  • Be prepared

7
Converting Objections to Price
  • Stress quality
  • Show features
  • Accent benefits
  • Promise prestige
  • Offer credit

8
Concerns with the Product
  • Features
  • Quality
  • Brand Preference
  • Required service
  • Color, size, or model
  • Know your products!

9
Converting Concerns With the Company
  • Get negative experience in the open
  • Correct misinformation and clear up
    misunderstandings
  • Maintain control
  • Be positive and tactful
  • Know policies and procedures
  • Interpret policies correctly
  • Assure customers

10
Time Delays
  • Seasonal
  • Anticipated sales
  • Available resources
  • Fear of buying decision

11
Quantity Objections
  • Multiple-pricing
  • Required additions
  • Accessories
  • Supplies
  • Options
  • Service

12
Need Objections
  • Need vs. Wants
  • Conflict of Needs

13
Methods of Converting Objections
  • Yes, BUT
  • Toss-it-back
  • Deny it
  • Point - Counterpoint
  • The Inquiry
  • Show em
  • Testimonial
  • Try it!

14
Procedures for Converting Objections
  • Listen
  • Pause
  • Empathize
  • Restate
  • Avoid arguments
  • Turn into selling point
  • Answer honestly
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