100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Viosca Exam 3 MAR 3400 Questions with correct answers $15.99   Add to cart

Exam (elaborations)

Viosca Exam 3 MAR 3400 Questions with correct answers

 0 view  0 purchase
  • Course
  • Mar
  • Institution
  • Mar

Viosca Exam 3 MAR 3400 Questions with correct answers

Preview 3 out of 17  pages

  • October 8, 2024
  • 17
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Mar
  • Mar
avatar-seller
cracker
Viosca Exam 3 MAR 3400 Questions with correct
answers
Key to understanding customer objections is... Correct Answer-selling
slow


3 steps in handling objections Correct Answer-1. Clarify, 2. Respond, 3.
Confirm


Clarify Correct Answer-Explore the Objection, Understand motivation
behind it


Respond Correct Answer-Use what was learned in clarification step to
put customer at ease


Confirm Correct Answer-Ask question to see if concern has been
alleviated


Example of Clarify Correct Answer-"Tell me more about that..."


Example of Respond Correct Answer-honesty, evidence (white papers,
testimonials, 3rd party)


Confirm Correct Answer-"Do you have any other questions about that?"

,5 Sources of Objections Correct Answer-1. Needs, 2. Product, 3. Price,
4. Time, 5. Source


Needs Objection Correct Answer-Customer does not need product


Product Objection Correct Answer-There's a better product out there
than yours


Price Objection Correct Answer-Most common. Price is too high


Time Objection Correct Answer-Buyer does not have time to meet


Source Objection Correct Answer-Buyer does not like you or your
company


4 Times When Objections Arise Correct Answer-1. Making
Appointment, 2. Start of Meeting, 3. During Presentation, 4. During
Close


3 Behaviors of Successful Salespeople Correct Answer-1. Expect
Objections, 2. Anticipate Objections, 3. Forestall Known Concerns


Expect Objections Correct Answer-A good sign. All salespeople face
objections

, Anticipate Objections Correct Answer-Prepare helpful responses


Forestall known concerns Correct Answer-Raise them first, before the
buyer gets a chance


Direct Denial Effective Response Method Correct Answer-Used when
buyer has a blatant inaccuracy. NOT used regarding opinions


Indirect Denial Effective Response Method Correct Answer--Deny
objections but attempt to soften response
-Recognize buyer's position them use counter evidence to show your
side


Compensation Effective Response Method Correct Answer--Buyers
object product's viability
-Acknowledge validity of concern, but show compensating advantages
of product


Referral Effective Response Method Correct Answer--Feel, Felt, Found
-Find points of agreement


Revisit effective Response Method Correct Answer--Turn objection into
reason for buying
-works with most personality types

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller cracker. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $15.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

78462 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$15.99
  • (0)
  Add to cart