Power Sales University Flashcards

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Questions and Answers

What is meant by Absolute Certainty?

  • It refers to the certainty one person has over another during communication. (correct)
  • It indicates that certainty has no influence over communication.
  • It means that all communication is verbal.
  • It signifies that communication is always successful.

93% of what I communicate is __________.

non-verbal

What percentage of communication is based on body language?

55%

What must you believe in to effectively sell your product?

<p>your product or service</p> Signup and view all the answers

According to Belief #2, how is your product perceived?

<p>underpriced</p> Signup and view all the answers

What does Belief #3 state about selling?

<p>If you do not sell them, you have cheated them.</p> Signup and view all the answers

What is the implication of Belief #4?

<p>Customers do not buy, they are sold.</p> Signup and view all the answers

What initial phrase can help customers relax?

<p>&quot;I realize salespeople are often trying to sell us things that we don't need, can't afford or don't want...&quot;</p> Signup and view all the answers

What question should you ask in the approach to initiate conversation?

<p>&quot;What are you looking for today?&quot;</p> Signup and view all the answers

How should you respond when a customer says, 'You're just trying to sell me!'?

<p>&quot;Of course I am. And that's a good thing, not a bad thing...&quot;</p> Signup and view all the answers

What question can you ask to create a dialogue with your customer?

<p>&quot;How come I'm the 5th, and how come you have not gone with any of the other companies?&quot;</p> Signup and view all the answers

What should you say if a customer states that they aren't buying anything today?

<p>&quot;No problem.&quot;</p> Signup and view all the answers

What should you say when asked, 'How much is this going to cost?'

<p>&quot;Do you mind if I come back to that in a moment?&quot;</p> Signup and view all the answers

Flashcards

Absolute Certainty

The level of certainty one person has about another during communication.

Non-verbal Communication Percentage

Non-verbal cues like tone and body language make up a large part of communication.

Body Language Percentage

A significant portion of communication is conveyed through body language.

Belief in Your Product

To effectively sell, one must have genuine belief in the value and quality of what they are selling.

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Product Perception

A good product is often seen as providing more value than its cost.

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The Obligation to Sell

By not offering or selling a beneficial product, a potential customer is missing out on its advantages.

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The Nature of Sales

Customers often need guidance and persuasion to realize the value and benefits of a product.

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Relaxing Initial Phrase

An opening statement that acknowledges customer skepticism can ease tension.

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Initiating Question

An open-ended question to understand the customer's needs and purpose.

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Responding to Skepticism

Acknowledge their statement then explain the value of sales.

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Dialogue-Creating Question

This solicits valuable feedback and identifies unseen roadblocks.

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Customer States They Aren't Buying

A casual disengagement is always a good option to allow the prospect time to consider.

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Delaying Price Discussion

Address value first and handle the cost later.

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Study Notes

Communication Techniques

  • Absolute Certainty: The individual with greater certainty in communication can influence the other, provided both are in rapport.
  • Non-Verbal Communication: 93% of communication is non-verbal; includes body language (55%), vocal elements (38%), and only 7% from spoken words.

Beliefs in Selling

  • Belief #1: Confidence in one's product or service is critical; personal ownership of it boosts credibility.
  • Belief #2: Perception that the product is underpriced leads to a stronger sales position.
  • Belief #3: The belief that failing to sell a product cheats the customer out of its benefits.
  • Belief #4: Customers do not simply buy; they must be sold on the idea of the product.

Customer Interaction Strategies

  • Introduction Technique: Use empathetic language to relax customers by addressing common concerns about sales tactics and ensuring value.
  • Approach Technique: Engage customers with open-ended questions to guide the conversation toward a sale.

Handling Objections

  • Addressing Doubts: Acknowledge that selling is part of the process; assure honesty and integrity to build trust.
  • Dialogue Creation: Ask strategic questions to understand customer hesitations and adjust your approach accordingly.

Managing Expectations

  • Overt Statements: Acknowledge when a customer states they aren’t buying today; use this as an opportunity to pivot to engaging questions.
  • Cost Inquiries: Politely defer discussions about pricing to keep the conversation moving forward.

Customer Relationship Building

  • Building Trust: Demonstrating genuine interest in the customer’s needs fosters a stronger relationship.
  • Closing the Sale: Utilize insights from customer feedback to shape offers that are appealing and beneficial.

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