Chapter_10_Selling Flashcards

1
Q

True sales person will put customers on first and develop long term relationship

A

True.

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2
Q

Ten steps for successful salesman

A
– Prospecting
– Pre-approach
– Approach
– Presentation
– Trial Close
– Objections
– Meet Objections 
– Trial Close
– Close
– Follow-Up & Service
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3
Q

Prospecting

A

Identify potential customers and qualify them on ability, willingness and authority to buy

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4
Q

Meet people on different gathering is which step?

A

Prospecting step

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5
Q

75%~80% of jobs obtained from networking

A

True

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6
Q

Pre-approach

A

Preparation and research

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7
Q

Approach

A

First Impression. Start from first meet

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8
Q

Presentation

A

Emphasis your FAB:
Features
Advantages
Benefits

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9
Q

Trial close

A

asking question on this stage and get feedback

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10
Q

Objection

A

Objection of high price. clarify why you think price is too high?

  • too high than competitor: explain why
  • too high for vendor: alternative payment option (address option right now)
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11
Q

When should I close the sale?

A

Ensure no objection

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12
Q

Minor trial close

A

Would you like this feature? Give the choice between two things not yes and no

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13
Q

Handling Objections

A

Q1: There is some reason why you are hesitating, may I ask what it is?
Q2: In addition to that reason is there any other reason why you might be hesitating?
Q3: If I address your concerns, would you then purchase the product/service?

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14
Q

Four sales force structures

A

– Territorial Structured
– Product Structured
– Customer Structured
– Complex Structures

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15
Q

How to assign workload?

A

(1,000)(36 3times a month for those important customers) + (2,000)(12) = 60,000
60,000 / 1,000 (per person make calls) = 60

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16
Q

Number of Sales Calls Required to Make a Sale

A

See slide

17
Q

How Salespeople and Sales Managers Spend Their Time

A

See slide