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Closing the Sale

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Chapter 17 Closing the Sale & Following Up The Steps of a Sale Preapproach (14) Approaching the Customer (14) Determining needs (15) Presenting the product (15 ... – PowerPoint PPT presentation

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Title: Closing the Sale


1
Chapter 17
  • Closing the Sale Following Up

2
The Steps of a Sale
  1. Preapproach (14)
  2. Approaching the Customer (14)
  3. Determining needs (15)
  4. Presenting the product (15)
  5. Handling questions objections (16)
  6. Closing the sale (17)
  7. Suggestion selling (17)
  8. Reassuring following up (17)

(Corresponding chapter in parenthesis)
3
I. Closing The Sale
  • Timing the Close
  • Closing obtaining positive agreement from the
    customer to buy.
  • When Customer is ready
  • Buying Signals facial expressions, actions
    and/or comments.
  • Trial Close used to test readiness of customer
    to buy
  • If it doesnt work, you may learn more about why
  • If it does, you closed the sale!

4
I. Closing The Sale
  • General Rules for Closing the Sale
  • If you think they are ready, stop talking about
    the product.
  • If Customer had difficulty making a decision,
    stop showing additional merchandise.
  • Help a Customer to decide by summarizing major
    features and benefits of a product.
  • Dont rush a Customer into making a buying
    decision.

5
I. Closing The Sale
  • General Rules for Closing the Sale (cont)
  • Use words that indicate ownership, such as
    you/your.
  • Use major objections that have been resolved to
    close the sale.
  • Use effective product presentations to close the
    sale
  • Look for minor agreements from the customer on
    selling points that lead up to the close.

6
I. Closing The Sale
  • Specialized Methods to Close
  • Which Close
  • Standing-room-only Close
  • Direct Close
  • Service Close
  • Failure to Close the Sale
  • Leave the door open

7
II. Suggestion Selling
  • Selling additional goods/services to the Customer
    (usually related to product).
  • Rules
  • Do it after buying decision, but before payment.
  • Make recommendation and reason.
  • Make the suggestion DEFINITE!
  • Show the item youre suggesting.
  • Make the suggestion positive

8
II. Suggestion Selling
  • Suggestion Selling Methods
  • Offering related merchandise
  • Recommend larger quantities (usually lower
    priced)
  • Calling attention to special sales opportunities

9
III. After-Sale Activities
  • Taking Payment/Order
  • Be courteous and efficient
  • Departure
  • Reassure the Customer of their wise buying
    decision.
  • Offer helpful suggestions.

10
III. After-Sale Activities
  • 3. Follow-up
  • Follow through on promises.
  • Call customer to check on their satisfaction/send
    thank-you notes w/business card.
  • Keep info on the purchase for future sales with
    this customer.
  • 4. Evaluations
  • Questionnaires/surveys sent to customer.
  • Used to improve sales and customer relations.
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