2.08 PPT Portfolio 14

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Portfolio 14

Marketing

2.08A

Acquire Product

Information for use in Selling

Identify sources of product information used in selling

1. The product itself

Information on the product package

Salespeople can try out the product

Personal use of the product gives sales confidence

2. Customers

Satisfied customers talk to salespeople about the product

Use testimonials while selling

Sources of product information used in selling cont’

3. Manufacturers’ brochures and publications

Free information from the manufacturer on the product

Write the manufacturer for more information

Best source on construction and materials

4. Other sales personnel

Use experienced salesperson advice

Ask questions of other salespeople

Sources of product information used in selling cont’

5. Promotional Materials

Product bulletins

Catalogs

Manuals

Making feature benefit statements using these promotional materials

Types of product information useful in selling

Construction and materials

Appearance and style

Unique or novel features

Durability

Product uses

Service and warranty information

Occasions when product information can be used in sales presentations

1. During the merchandise approach

Gives product information to the customer

2. During the sales presentation

Shows features/benefits

3. During overcoming objections

Explains the product to the customer

4. During the close of the sale

Reminds customer of features and benefits

Guidelines when acquiring product information

Decide which features and benefits appeal to each customer

Customers buy benefits, not features

Different customers want different benefits

Listen, question, observe

Only explain benefits that pertain to the current customer

Guidelines when acquiring product information

Explain appropriate features and benefits

Emphasize and or demonstrate benefits to customer

Use descriptive phrases

Explain technical benefits so they understand

Make sure customers know the benefits because benefits sell!

Guidelines when acquiring product information

Evaluate customer reactions

Observe customer reaction

Move to another benefit or continue based on reaction

Before moving on, question further in order to clarify benefits

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