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CREATING AND HOLDING INTEREST

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Page 1: CREATING AND HOLDING INTEREST. FIVE DECISIONS YOUR PROSPECTS BEFORE BUYING Need 2. Product 3. Service 4. Price 5. Time

CREATING AND HOLDING INTEREST

Page 2: CREATING AND HOLDING INTEREST. FIVE DECISIONS YOUR PROSPECTS BEFORE BUYING Need 2. Product 3. Service 4. Price 5. Time

FIVE DECISIONS YOUR PROSPECTS BEFORE BUYING

• Need• 2. Product• 3. Service• 4. Price• 5. Time

Page 3: CREATING AND HOLDING INTEREST. FIVE DECISIONS YOUR PROSPECTS BEFORE BUYING Need 2. Product 3. Service 4. Price 5. Time

Principle and techniques of Questioning and Listening

1. Ask Questions Directed at the Prospect’s Specific situation

* If selling in the prospect’s home or office, relate questions to the environment and situation. For example, “ Ms. Bernstein, wouldn’t this color rug look nice here in this living room with all your beautiful antiques?”

Page 4: CREATING AND HOLDING INTEREST. FIVE DECISIONS YOUR PROSPECTS BEFORE BUYING Need 2. Product 3. Service 4. Price 5. Time

2. Ask questions aimed at specific major buying motives

* Through questioning you can determine what is most likely to motivate the prospect to buy and then further direct questions to the major motive (convenience, profit, prestige, and the like)

Page 5: CREATING AND HOLDING INTEREST. FIVE DECISIONS YOUR PROSPECTS BEFORE BUYING Need 2. Product 3. Service 4. Price 5. Time

3. Ask questions to make sure your are being understood

* Stop after each point to ask the prospect if there are any questions. For example, “ Do you have any questions about what I’ve just demonstrated?”

Page 6: CREATING AND HOLDING INTEREST. FIVE DECISIONS YOUR PROSPECTS BEFORE BUYING Need 2. Product 3. Service 4. Price 5. Time

4. Ask questions that require the prospect to observe what is happening

• For example, “ Mr. Smith, how do you think the motor is going to sound when I push the button?

5. Ask thought provoking questions to gain attention

* For example, “ Ms. Fernandez, can you really afford not to have this labor-saving device in your plant?”

Page 7: CREATING AND HOLDING INTEREST. FIVE DECISIONS YOUR PROSPECTS BEFORE BUYING Need 2. Product 3. Service 4. Price 5. Time

5. Ask “ Why” questions* You can ask this simple question over and over

again to pinpoint specific objections, and to get a prospect to answer his or her own objections. For example, “ Why do you believe it costs too much?”

Page 8: CREATING AND HOLDING INTEREST. FIVE DECISIONS YOUR PROSPECTS BEFORE BUYING Need 2. Product 3. Service 4. Price 5. Time

LEARN TO BE A GOOD LISTENER

1. If he/she interrupts you. If he or she wants to get a word in, let it happen as long as you still maintain control of the interview. Listen attentively, for this may be a way of saying yes.

2. If he/she starts to agree with you. This may indicate readiness to buy. You can encourage the prospect to continue expressing why he/she agrees.

Page 9: CREATING AND HOLDING INTEREST. FIVE DECISIONS YOUR PROSPECTS BEFORE BUYING Need 2. Product 3. Service 4. Price 5. Time

3. If he or she says you have given him or her an idea. If this happens, let the prospect talk; he or she may give you pointers around which you can frame your selling points.

4. If he or she expresses a liking for what your product or service will do. This means her or she is ready to buy; it is time for you to stop bringing up new points and to go to into a trial close.

Page 10: CREATING AND HOLDING INTEREST. FIVE DECISIONS YOUR PROSPECTS BEFORE BUYING Need 2. Product 3. Service 4. Price 5. Time

TYPICAL PERSONALITY TYPES

1. Glad-Hander prospects- They are glad to see you and happy to talk

about anything, to listen to your proposal, and to hear you story, but they are not interested in buying

What to do:They may not be real decision makers. Ask them

the questions, “ Can they refer you to anyone who may be interested in buying now?”

Page 11: CREATING AND HOLDING INTEREST. FIVE DECISIONS YOUR PROSPECTS BEFORE BUYING Need 2. Product 3. Service 4. Price 5. Time

2. Talkative prospects- They are so cheerful and talkative that they

wander from the subject.What to do:Give them reasonable amount of time to talk

but use every opportunity to steer them into the proposal. Agree with a comment they make and tie it in with your next one.

Page 12: CREATING AND HOLDING INTEREST. FIVE DECISIONS YOUR PROSPECTS BEFORE BUYING Need 2. Product 3. Service 4. Price 5. Time

3. Impulsive prospects- They appear impatient and interrupt you

often. They may agree to buy, then change their mind.

What to do:You have to try to deal to them quickly,

stressing benefits and making trial closes

Page 13: CREATING AND HOLDING INTEREST. FIVE DECISIONS YOUR PROSPECTS BEFORE BUYING Need 2. Product 3. Service 4. Price 5. Time

4. Vascillating prospects- They hate to make decisions; they appear

nervous, uncertain, and undecided in words, manner and actions

What to do:Offer them authoritative proof and logical

reasons for taking a specific course of action. Be firm.

Page 14: CREATING AND HOLDING INTEREST. FIVE DECISIONS YOUR PROSPECTS BEFORE BUYING Need 2. Product 3. Service 4. Price 5. Time

5. Deliberate prospects-They appear calm, serious and unhurried in

speech, manner, or actions. They listen carefully, ask detailed questions and consider every point of your proposal thoroughly.

What to do:Try to give all the proof that they want, since

they are seriously considering your proposal

Page 15: CREATING AND HOLDING INTEREST. FIVE DECISIONS YOUR PROSPECTS BEFORE BUYING Need 2. Product 3. Service 4. Price 5. Time

6. Silent prospects- They may just sit there and listening, saying

nothing, without offering any clue by manner or facial expression to their inner thoughts.

What to do:You should ask questions in an effort to get

them talk, remaining silent yourself after each one and outlasting them

Page 16: CREATING AND HOLDING INTEREST. FIVE DECISIONS YOUR PROSPECTS BEFORE BUYING Need 2. Product 3. Service 4. Price 5. Time

7. Closed-Minded Prospects- They are firmly satisfied with the status quo

and with current suppliers’ products and service and se no reason to change.

What to do:Try to find out what could be improved in the

present situation and build your points around the how you can offer greater value

Page 17: CREATING AND HOLDING INTEREST. FIVE DECISIONS YOUR PROSPECTS BEFORE BUYING Need 2. Product 3. Service 4. Price 5. Time

8. Shopper prospects- They listen to your story, get all price quotes

and literature, and put you off with a “ I’ll let you know”

What to do:Try to create a sense of urgency in buying from

you now. You must try to prove that it is in their best interests to decide now.

Page 18: CREATING AND HOLDING INTEREST. FIVE DECISIONS YOUR PROSPECTS BEFORE BUYING Need 2. Product 3. Service 4. Price 5. Time

9. Procrastinating prospects- They listen to you but will not or cannot

make up their minds. They ask for more time to reach a decision.

What to do:Show them that they will save time by deciding

now. It will be helpful if you will be asking the following questions, “ Why can’t you make your final decision now?”,

Page 19: CREATING AND HOLDING INTEREST. FIVE DECISIONS YOUR PROSPECTS BEFORE BUYING Need 2. Product 3. Service 4. Price 5. Time

10. Grudge-Holding Prospects-They see you but promptly attack your company or

product for real or imagined lapses in the past performance, poor service or any unsatisfactory experience

What to do:Your first job is to find out whether they have a real

problem that you can help with. If so, meet it head on and do everything possible to solve it promptly

Page 20: CREATING AND HOLDING INTEREST. FIVE DECISIONS YOUR PROSPECTS BEFORE BUYING Need 2. Product 3. Service 4. Price 5. Time

11. Opinionated Prospects- They are forceful and positive, real or imagined

know it all decision makers. They intend to make their own decisions, and they may be brusque or even rude in language and manner.

What to do:Compliment and flatter this type; praise whatever

you can about them or their businesses. Appear respect for their success, intelligence and opinions. And, once they warm up to you, ask their opinions about your proposal