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32 Cards in this Set

  • Front
  • Back
Advantages
Reasons why a feature would be important to someone.
Balanced Presentation
Occurs when the salesperson shows all sides of the situation.
Benefit
How a particular feature will help a particular buyer.
Benefit Opening
Approach in which the salesperson focuses on the prospect's needs by stating a benefit of the product or service.
Closed Questions
Questions that can be answered with a word or short phrase.
Compliment Opening
Approach in which the salesperson begins the sales call by complimenting the buyer in some fashion.
Credibility
The characteristics of being percieved by the buyer as believable and reliable.
Credibility Statement
A description of the seller and his or her company, offered to buyers to show that the seller can meet their needs.
Customer Benefit Proposition
Statement showing how a product addresses the buyer's specific needs.
FAB
When salespeople describe the features, advantages, and benefits of their product or service.
Feature
1)Quality of the rpoduct or service
2)Putting a product on sale with a special display and featuring the poduct in advertising.
Feature Dumping
Talking about lots of features of little interest to the customer and wasting the buyer's time.
FEBA
A method of describing a product or service where salespeople mention the feature, and provide evidence that the feature actually does exist.
Halo Effect
How one does in one thign changes a person's perceptions about other things one does.
Implication Questions
Questions thhat logically follow one or more problem questions.
Impression Management
Activities in which salespeople engage to affect and manage the buyer's impression of them.
Introduction Opening
Approach method in which salespeople simply state their names and the names of their companies.
Major Sale
Sale that involves a long selling cycle, large customer commitment, and ongoing relationship, and large risks for the buyer if a bad decision is made.
Need Payoff Questions
Questions that ask about the usefulness of solving a problem.
Office Scanning
Activity in which the salesperson looks around the prospect's environment for relevant topics to talk about.
Open Questions
Questions for which there are no simple yes-no answers.
Opening
A method designed to get the prospect's attention and interest quickly and make a smooth transition into the next part of the presentation.
Problem Questions
Questions about specific difficulties, problems, or dissatisfactions the prospect has.
Product Opening
Approach in which the salesperson actually demonstrates the rpoduct features and benefits as soon as he or she walks up to the prospect.
Question Opening
Beginning the conversation with a question or stating an interesting fact in the form of a question.
Rapport
Close, harmonious relationship founded on mutual trust.
Referral Opening
Approach in which the name of a satisfied customer or friend of the prospect is used at the beginning of a sales call.
Selective Perception
The act of hearing what we want to hear, not necessarily what the other person is saying.
Situation Questions
General data-gathering questions about background and current facts that are very broad in nature.
Small Talk
Talk about current news , hobbies, and the like that usually breaks the ice for the actual presentation.
SPIN
Logical sequence of questions in which a prospect's needs are identified.
Trial Close
Questions the salesperson asks to take the pulse of the situation throughout a presentation.