Objections Flashcards

1
Q

Product

A

Based on:

  • features
  • quality
  • brand preference
  • required service
  • color, size or model
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2
Q

Place/Company

A

Result of a negative experience

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3
Q

Time

A
  • Used to delay making a buying decision

* Most difficult objective to handle

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4
Q

Quantity

A

-given by customers when they feel they’re overbuying
•usually when buying extras
-point out the benefits of quantity purchases

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5
Q

Need

A

-occurs when there’s a conflict between needs and wants
•debate if they need it or not
-establish need by stressing the products benefits and value

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6
Q

When do you answer an objection?

A

At the moment the customer states the objection. Offer an answer so the customer can forget about the objection

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7
Q

What are the 8 techniques/methods for overcoming objections?

A
  1. Yes, but
  2. Toss it back (boomerang)
  3. Deny it
  4. Point-counterpoint (superior-point)
  5. Inquiry (question)
  6. Show ‘Em (demonstration)
  7. Testimonial (third party)
  8. Try it! (Close on an objection)
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8
Q

Yes, but

A
  • most common method
  • used to clarify and to expand on information
  • acknowledge the objection, then answer the question
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9
Q

Toss it back

Boomerang

A
  • used when objection is based in product/service
  • toss the objection back to the customer
  • turn objection into selling point
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10
Q

Dent it

A
  • used to correct wrong information or a misunderstanding

- poorest method of answering objections

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11
Q

Point-counterpoint

A

-outweigh the objection

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12
Q

Inquiry (question)

A
  • helps determine which features and benefits the customer wants
  • helps focus on the sales presentation
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13
Q

Show ‘em

A
  • shows the product in use
  • proves the selling point
  • shows the customer is wrong without actually saying they’re wrong
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14
Q

Testimonial

A

-based on someone’s personal experience

•reference to you personally liking it or a previous customer or someone you know

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15
Q

Try it

A
  • product is loaned on approval
  • use of demonstrators and samples
  • objections may be a buying signal
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16
Q

Procedures for overcoming objections

A
  1. Listen
  2. Pause
  3. Empathize
  4. Restate
  5. Answer the objection
17
Q

Assumption close

A

Salesperson makes the assumption that the prospect will buy

18
Q

Bonus close or premium close

A

Salesperson mentions an extra bonus or free gift/ service the prospect receives with the product being purchased

19
Q

Price

A

Most common objection
Price must be justified
Sell the value, not the price