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Handling Objections Review

AB
Objectionsconcerns, hesitations, doubts
excusesInsincere reasons for not buying
objections analysis sheet(listing of common objections with possible responses
NeedConflict between wanting something and not really needing it
ProductConcerns about the product itself-size, construction, quality, style
SourceNegative past experience with firm or brand
PriceMore common with high-quality, expensive merchandise
TimeHesitation to buy immediately, sometimes it is an excuse
Four-Step Process for Handling ObjectionsListen carefully,Acknowledge the Customer’s Objections,Restate the Objections,Answer the objections
BoomerangObjection comes back as a selling point
QuestionCustomer is questioned to learn more about the objections raised
Superior Pointacknowledge objection as valid but offset(compensate) with other features and benefits
Denialprovides proof & accurate info when customer is misinformed
DemonstrationAnswer objection by illustrating features & benefits
Third Partyprevious customer gives testimonial about the product
SubstitutionRecommend a different product that would satisfy the customer’s needs


Business & Marketing Instructor
Lindbergh High School
St. Louis, MO

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