1.
SUPPORT & ISOLATE
2.TRANSITION
STATEMENT
3.
NARROW / LEADING QUESTION
4.
FEATURE / BENEFIT PRESENTATION
5. TRAIL
CLOSE
6.
CHOICE CLOSE
SUPPORT & ISOLATE
Supporting Statements
Supporting statements provide support from a
customer's point of view without necessarily agreeing with it.
Supporting statements also make the customer receptive to a different
point of view by acknowledging that you understand his/her point of view.
- "I understand how you feel. It
looks like you have given the matter a great deal of thought..."
- "That's a good point. I'm glad you
brought it up..."
- "That makes good sense..."
- "I can appreciate that..."
Supporting the customer's concern makes
him/her receptive to a different point of view and shows that you are not
attempting to be confrontational.
Isolation Statements
It is important to isolate any objections
before proceeding.
- "Is that your
only concern?"
TRANSITION STATEMENT
Transition statements are
designed to first acknowledge the customer's concern and then transition
to the features and benefits presentation you choose to address the
objection. It acts as a bridge from the customer's concern to the
handling of that concern.
"I understand how you feel,
others have felt the same way, but they found that even though the
service contract seems expensive, it was also possible that the cost of
repairs could more than cover the cost to enroll today."
"One of my responsibilities
as the Business Manager is to ensure that you have an opportunity to
review all the options available on your vehicle. The dealership
can provide you with many benefits, therefore, they feel strongly about
making sure everyone has a chance to enroll in them."
"Many of our customers feel
the same way, however, they find that because they are on a budget it is
all the more reason to consider enrolling in the protection."
NARROW / LEADING QUESTION
Narrow questions allow the
customer to focus on a specific need or want. They remind us of
needs that we all have. By focusing on a specific need, it allows
the professional Business Manager to introduce the benefits of the product
that will satisfy that very specific need or want. Examples of
narrow questions are:
-
"And do you know why?"
-
"And do you know what they
found?"
-
"Do you like to save money?"
-
"Would you be happy if your
vehicle performed at 99.9% efficiency?"
-
"Is protecting your credit
rating important to you?"
-
"Is protecting your budget
important to you?"
-
"Is saving time important to
you?"
Remember to always reinforce
the customer's answer!
FEATURE / BENEFIT PRESENTATION
Features and Benefits
A feature is what something is.
A benefit is what something
does.
A feature has benefits, only if
it benefits the Customer.
TRAIL
CLOSE
Trial Closing Statements
A trial close is used to get the
customer to agree to the product in principle without necessarily
committing to purchase the product.
"Can you see how the cost of
repairs would more that cover the cost to enroll today?"
"Because you told me earlier
that you have little or no coverage at work, doesn't it make sense to
enroll in the coverage to protect your good credit and investment
today?"
"Because you said you were on a
budget, wouldn't you agree that it makes more sense to budget the cost
of repairs into your payments that to have to pay the full amount of the
repair later?"
Once a customer agrees with the
statement, he or she has also agreed to the necessity for the product.
CHOICE
CLOSE
Closing Questions
There are two commonly used types
of closing questions:
-
Direct closes
-
Choice Closes
-
"Which plan would best fit
your needs?"
-
"Would you like your
payments due in 30 or 45 days?"
-
"Would you like your
payment to start on the 15th or the 30th?"
-
"Would you like joint
coverage or single coverage?"
-
"Would you like to pay
cash for the vehicle service contract or would you like to include it
in your monthly payments?"
-
"Would you prefer a
5-year/75,000 mile plan or a 6-year/100,000 mile plan?"
-
"Would you prefer a $100
or $200 deductible?"
Which closing question is more
effective? CHOICE CLOSES
Why: IT HARD FOR THE CUSTOMER
TO SAY NO.
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