How to Sell Anything to Anybody Ch 13
15 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is implied about honesty in a sales context according to the content?

  • Salespeople should never provide any misleading information.
  • Honesty should always be prioritized above all else.
  • There are times when a small deviation from truth is acceptable. (correct)
  • Honesty is irrelevant when dealing with customers.

What strategy does the speaker employ when responding to a customer's inquiry about car availability?

  • He inaccurately states that he has the car on the lot. (correct)
  • He tells the customer to wait until the correct car arrives.
  • He refers the customer to another dealer for availability.
  • He checks the inventory file for the correct information.

What does the speaker believe about customer preferences for car details?

  • Customers prefer odd colors that are rare in the market.
  • Only high-end customers request full details about their purchases.
  • Most customers prioritize having the car immediately over specific features. (correct)
  • Customers are usually very particular about every minor detail.

What reasoning does the speaker provide for potentially lying about specific car features?

<p>Most inaccuracies can be blamed on record-keeping errors. (A)</p> Signup and view all the answers

What conclusion can be drawn about the speaker's view on customer perceptions of sales tactics?

<p>Some levels of deception are tolerated by customers in car sales. (A)</p> Signup and view all the answers

What approach does the author recommend when addressing a customer's trade-in vehicle?

<p>Flattering the customer about their usage (D)</p> Signup and view all the answers

According to the author, why is it beneficial to give small compliments to customers?

<p>It builds rapport and trust with the customer (B)</p> Signup and view all the answers

What is a key element of effective selling mentioned in the content?

<p>Timing and understanding customer emotions (C)</p> Signup and view all the answers

What can happen if a salesperson tells a customer a big lie?

<p>The customer may feel embarrassed later (C)</p> Signup and view all the answers

What does the author imply about people's expectations of car pricing?

<p>Most people are unaware of haggling opportunities (D)</p> Signup and view all the answers

Why does the author suggest not to take full price when a customer offers it?

<p>It may lead to a negative perception among peers (D)</p> Signup and view all the answers

How does the author compare the role of a salesperson to that of a performer?

<p>Both must have good timing and engage their audience (B)</p> Signup and view all the answers

What is the possible downside of selling a high-volume car at the sticker price?

<p>It risks alienating price-sensitive customers (D)</p> Signup and view all the answers

What is the benefit of creating a pleasant atmosphere in sales according to the author?

<p>It fosters trust, encouraging customers to buy (B)</p> Signup and view all the answers

What is an example of a small kind lie the author encourages when selling?

<p>Agreeing that a trade-in is worth more than it is (C)</p> Signup and view all the answers

Flashcards

Honesty in Sales

In sales, honesty is crucial because it builds trust and avoids future problems. However, there may be situations where a slight exaggeration or omission is necessary to attract a customer. But it should be done ethically and with minimal deception.

Policy in Sales

The practice of using a general guideline or principle to guide actions, especially in business dealings. It doesn't dictate every move but offers a framework for decisions.

The Importance of Verifying Sales Claims

Customers can easily check details and information. So, any untruth will likely be exposed, leading to negative consequences for the salesperson.

The 'Small Lie' in Sales

In sales, a 'small lie' might be a minor exaggeration or omission, often made to close a deal. However, it's a risky strategy that can backfire if discovered.

Signup and view all the flashcards

The 'Bait-and-Switch' Technique

When a prospect asks about specific car features, a salesperson might claim to have the car in stock, even if it's unavailable. The goal is to get the prospect to visit the dealership where other options might be available.

Signup and view all the flashcards

Small, kind lie

A small, harmless lie told to make a customer feel good and create a positive atmosphere.

Signup and view all the flashcards

Diversionary Action

Compliments and pleasant conversation used to build rapport with a customer and disarm their initial fears.

Signup and view all the flashcards

Timing

The ability to skillfully use the right words and actions at the right time to connect with a customer.

Signup and view all the flashcards

Watching a Performer

The practice of observing and learning from successful performers, such as Don Rickles, to improve your own communication and sales skills.

Signup and view all the flashcards

Turning Anger Into a Smile

The act of transforming a customer's negative emotions, such as anger or fear, into positive feelings like trust or satisfaction.

Signup and view all the flashcards

Building Trust

Building a strong relationship with a customer, where they feel confident in your honesty and appreciate your service.

Signup and view all the flashcards

Avoid Big Lies

Never lying to a customer in a way that can be easily verified or will make them feel foolish later.

Signup and view all the flashcards

Customer's Perspective

The value of a customer's opinion about their own possessions, even if it seems objectively inaccurate.

Signup and view all the flashcards

Subtle Guidance

The practice of subtly guiding a customer towards a desired outcome without forcing their hand.

Signup and view all the flashcards

Taking the Full Price

The risk of losing potential sales by not acknowledging the customer's desire to pay full price for a product, especially when it is in high demand.

Signup and view all the flashcards

Study Notes

Honesty in Sales

  • Honesty is a policy, not a rigid rule. It's applied strategically to one's best interest.
  • Telling the truth is usually best, especially when verifiable by the customer.
  • Lying about major car specifications (e.g., engine size) is extremely risky.
  • Minor "white lies" are sometimes strategic in sales.

Responding to Customer Questions

  • Responding with assured confidence ("I have one out on the lot and you can pick it up today") can be beneficial.
  • Dealers may have cars on trade with other dealers, increasing chances of fulfilling a customer request quickly.
  • Giving customers what they want, even if it's not the exact ideal, can be more effective than delaying the sale.
  • Some trade-offs for the customer are acceptable (e.g., slight deviations in colour or accessories).
  • Mistakes in records serve to deflect issues if the customer complains.

Flattery and Truth in Sales

  • Small, non-deceptive compliments (e.g., complimenting a child) are helpful.
  • Salespeople must appear to be caring, and must build trust.
  • Flattery creates a positive and disarming atmosphere.
  • Treat customers with respect -even if a customer isn't perfect, praise any positive qualities
  • Lie a little.
  • Tell smaller lies to avoid potential embarrassment or negative feelings from customers.
  • Flattery can help turn a customer's fear or anger into a more positive feeling.
  • Timing and delivery are essential sales skills.

Avoiding Major Lies

  • Customers can discover lies told by the dealer, resulting in lost trust, damaged reputation, and loss of future business.
  • Avoid lies that could negatively impact the customer's reputation.
  • Avoid exaggerating or stating false information that could cause negative outcomes in the future ("That's a handsome little boy...")

Price Negotiations

  • Sticker prices are often negotiable, particularly in the car business, but some customers don't know how.
  • Selling at full price is risky in the long term, especially with a high-volume car.
  • Salespeople can benefit in the long run from offering small discounts instead of negotiating at full price.
  • Keeping a customer happy is more profitable than selling at a higher initial price.

Customer Handling and Trust

  • Acting like a performer during sales situations is key; control the interaction and timing.
  • Being trustworthy after the sale is equally important.
  • Customers value pleasant interactions more than potentially lower prices.
  • The sale is not the end, a customer’s satisfaction should be a priority.

Dealing with Technical Complaints

  • Acknowledgement of a customer’s knowledge is appreciated; validation can be helpful.
  • Minor details shouldn't halt the sales process unless it's truly of critical importance to the customer.
  • Lying about major details is unethical and very risky.
  • Transparency can help foster trust; honesty (with a little flattery) is best.

Studying That Suits You

Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

Quiz Team

Description

Explore the delicate balance between honesty and strategy in sales. This quiz covers effective communication, handling customer questions, and the role of flattery in building relationships. Test your understanding of how truthful selling can drive success in the automotive industry.

More Like This

Role-playing Sales Exercise Quiz
6 questions
Processo de Vendas e Estratégias
24 questions

Processo de Vendas e Estratégias

PainlessConstructivism208 avatar
PainlessConstructivism208
How to Sell Anything to Anybody Ch 14
15 questions

How to Sell Anything to Anybody Ch 14

Tree Of Life Christian Academy avatar
Tree Of Life Christian Academy
Customer Interaction Best Practices
5 questions
Use Quizgecko on...
Browser
Browser