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With A Focus on Overcoming Objections




more report related to selling are available at www.exportpakistan.blogspot.com
Agenda

   1. Introduction
   2. DuPont CORIAN® Market Research
   3. Seven Steps to Successful Selling
   4. Questions and Wrap-Up


more report related to selling are available at www.exportpakistan.blogspot.com
Market Research

In our latest survey, we talked to consumers, both
prospects and owners of CORIAN®:
•Females between the age of 25 and 64
•Incomes over $35,000
•Homeowners who have remodeled in the past
five years or plan to remodel in the next two years
Here’s what we found...

more report related to selling are available at www.exportpakistan.blogspot.com
Awareness is high and rising!


68% of consumers are aware of
   CORIAN® and they have a
  favorable impression of the
        product .


          more report related to selling are available at
              www.exportpakistan.blogspot.com
Consumer preference has doubled!


  Today,   28%   of consumers say
CORIAN® is their first and only choice!
         (Compared to 13% in 1995)


Yet, amazingly, only   currently own   4%
              CORIAN®.

              more report related to selling are available at
                  www.exportpakistan.blogspot.com
Consider this:


If we can close even half the gap
    between preference and
   purchases, your CORIAN®
business would more than triple
             in sales!

           more report related to selling are available at
               www.exportpakistan.blogspot.com
The Great Opportunity Gap!


  Higher awareness and stronger
preference make your opportunities
         better than ever…

    BUT, YOU HAVE TO
     CLOSE THE GAP!
            more report related to selling are available at
                www.exportpakistan.blogspot.com
Selling is a skill and like any skill,
                you can learn it!


     Good salespeople are made, not born.
Top salespeople have a very positive perception
   of themselves; they see themselves as a
consultant, an expert resolving their customer’s
                  problems.
They see themselves as completely professional
people in a highly respected profession and they
          have high ethical standards.
                 more report related to selling are available at
                     www.exportpakistan.blogspot.com
Selling is the transfer of enthusiasm!
                     .



     The more enthusiastic and
 knowledgeable you are about your
product, the more effectively you can
            communicate.


80% OF SELLING IS PSYCHOLOGICAL
      AND 20% IS TECHNICAL
             more report related to selling are available at
                 www.exportpakistan.blogspot.com
Seven Steps of
Successful Selling
   Consumers rate these issues as “important”
    when purchasing a “large ticket” item.
     Quality of the product
     Brand recognition
     Follow-up support (trouble-free ownership, e.g. Lexus and
     Infiniti)
     Reputation of the product and the company that makes it
     Terms
     Delivery and installation: dependable
     Price


                         more report related to selling are available at
                             www.exportpakistan.blogspot.com
Seven Steps of
Successful Selling

 Consultative Selling is the process of
 asking the consumer questions throughout
 the sale to reach agreement on each
 aspect of the purchase. When you learn to
 do that effectively, closing is a natural
 progression in the sale. In essence you are
 acting as a ‘consultant’ rather than a
 salesperson.

              more report related to selling are available at
                  www.exportpakistan.blogspot.com
Seven Steps of
Successful Selling

    1. Prospecting and Getting Customers
    2. Build Rapport and Trust
    3. Identifying Customer Needs
    4. Presenting Solutions
    5. Answering Objections
    6. Get A Commitment
    7. Follow Through/Follow Up

             more report related to selling are available at
                 www.exportpakistan.blogspot.com
Seven Steps of
Successful Selling
  1. Prospecting and Getting
  Customers
  Identify your target market and structure
   your offering to the consumer accordingly.




                 more report related to selling are available at
                     www.exportpakistan.blogspot.com
Seven Steps of
Successful Selling
  2. Build Rapport and Trust
  Listen to the customer.

  Build a bridge to the customer and
   personalize your relationship.
  Establish your credentials and integrity.




                  more report related to selling are available at
                      www.exportpakistan.blogspot.com
“Old” Model of Selling

                              10%
                          Establishing
                            Rapport


                             20%
                           Qualifying



                          30%
                 “Selling” (Presenting)



                               40%
                              Closing


           more report related to selling are available at
               www.exportpakistan.blogspot.com
“New” Model of Selling

                     40%
         Developing Trust and Rapport

                       30%
                Defining Needs &
                    Problems
                      20%
             Describing Features &
                   Benefits

                            10%
                           Closing




            more report related to selling are available at
                www.exportpakistan.blogspot.com
Seven Steps of
Successful Selling
  3. Identifying Customer Needs
  Get to know your customer by asking
   questions. Remember the person asking
   the questions is the one in charge of the
   conversation.
  Establish an “investment” figure.

  Establish a customer timetable.




                 more report related to selling are available at
                     www.exportpakistan.blogspot.com
Fact Finding Questions
 Are you planning to build or remodel?
 What are you looking for ? (What is it
 you want/need?)
 When are you planning to start the
 project?
 Where is the project located?
 What overall “investment figure” did you
 have in mind?
               more report related to selling are available at
                   www.exportpakistan.blogspot.com
Types of Questions
    Closed End Question
      “May I help you?”

    Open End Question
      “What are you looking for today?”

    High Value Question
      “What are the three things you like least about your kitchen
       today?”

    Need Payoff Question
      “Would it be useful to you to cut the amount of time you
       spend cleaning your bathroom?”
                       more report related to selling are available at
                           www.exportpakistan.blogspot.com
Seven Steps of
Successful Selling
  4. Presenting Solutions
  Present the complete package listing the
   features and benefits of Corian®.




                 more report related to selling are available at
                     www.exportpakistan.blogspot.com
Seven Steps of
Successful Selling
         “What is Corian®”
         “Why Should I Buy Corian®?”
         “How Can I Afford Corian®”




              more report related to selling are available at
                  www.exportpakistan.blogspot.com
Seven Steps of
Successful Selling
    “What is Corian®?”
     Blend of natural minerals with pure acrylic
       ○ Acrylic provides strength, durability, UV resistance.
       ○ Natural minerals add visual texture and color

     100% solid
       ○ Consistent color throughout

     Non-porous surface
       ○ Stains sit on surface
       ○ Doesn’t support growth of mold & mildew



                       more report related to selling are available at
                           www.exportpakistan.blogspot.com
Seven Steps of
Successful Selling
      “Why Should I Buy Corian®?”
        Easy to Clean
        Liquids can’t penetrate
        Resists stains
        It’s beautiful
        Warm to the touch
        Lasts a long time
        Handles impact
        Repairable
        10-year transferable installed warranty

                          more report related to selling are available at
                              www.exportpakistan.blogspot.com
Seven Steps of
Successful Selling
   “How Can I Afford Corian®?”
    The classic value fits most budgets
    Increases the value of your home
    Costs less over the long run
    One-time investment—virtually lasts forever.




                   more report related to selling are available at
                       www.exportpakistan.blogspot.com
Seven Steps of
Successful Selling
  Addressing Price Objections
  Determine what is really stopping the
   customer from making the purchase.




                 more report related to selling are available at
                     www.exportpakistan.blogspot.com
Seven Steps of
Successful Selling
   Address the cost of CORIAN® before it
   becomes an objection
   Discuss the customer’s preconceived perceptions
     about the cost for CORIAN® in the beginning of
     your sales presentation.
   Eliminate the objection and alter their thinking to
     concentrate on the long-term benefits.
   For example - ‘CORIAN® is the most user friendly
     work surface ever made. Let me show you why it’s
     worth a little extra investment.”
                   more report related to selling are available at
                       www.exportpakistan.blogspot.com
Seven Steps of
Successful Selling
 5. Disarm the objection, ask questions,
 clarify, showcase benefits and confirm.
  Agree that CORIAN® is an additional investment.

  Ask a direct question to determine needs/wants. “What are
   the three most important features to you for using and living
   with your countertop?”
  Clarify their response and summarize their needs.

  Describe key features/benefits to address needs

  “Based on everything you mentioned, do you feel that the
   extra benefits of CORIAN® are worth the extra investment.”
                    more report related to selling are available at
                        www.exportpakistan.blogspot.com
Seven Steps of
Successful Selling
  Disarm the objection, discuss
  alternatives, compare benefits, offer a
  personal recommendation.
  Agree that CORIAN® is a little more expensive
    than some alternatives
  Discuss the alternatives (laminate, granite,
    tile,etc.)and review the benefits/value of each
  Summarize the benefits of CORIAN® and offer
    your personal recommendation (based on your
    experience or those of other satisfied customers)
                  more report related to selling are available at
                      www.exportpakistan.blogspot.com
Seven Steps of
Successful Selling
 Disarm the objection, show empathy and
 describe how others have justified the
 investment for CORIAN®.
  Agree with the customer, “That’s a reasonable concern.”

  Describe how other customers have felt. “You know, Mrs.. XYZ
   was thinking the same way when we discussed using
   CORIAN® in her kitchen.
  Describe the experience of the other customer and why they
   chose CORIAN®. “It’s interesting Mrs.. XYZ decided to use
   CORIAN® because …….In the end, she believed the long-term
   benefits, and the beauty of CORIAN® was worth the added
   investment”.
                     more report related to selling are available at
                         www.exportpakistan.blogspot.com
Seven Steps of
Successful Selling
  Additional Responses to Help Overcome
              Price Objections
CORIAN® doesn’t cost more. It lasts longer.
CORIAN® delivers more value for every dollar spent.
CORIAN® is the only choice that provides a 10-year installed
 warranty. “It’s the last countertop you’ll ever need to buy”.
Your countertop is the most used and abused surface in
 your home. The durability and easy maintenance of
 CORIAN® is easily worth the added investment.


                    more report related to selling are available at
                        www.exportpakistan.blogspot.com
Financing
»Offer financing.
»Most consumers have a preconceived notion that CORIAN® is
expensive and they are unable to afford it.

»Most consumers have a good idea what their monthly budgets
allow…so offer CORIAN® as part of their monthly spending package:

»“Did you know that you can own this CORIAN® countertop for as
little as $xx.xx per month?”

»“Did you know that for only $xx.xx a month more, you can upgrade to
CORIAN® from Laminate?”
Seven Steps of
Successful Selling
  6.Get A Commitment
  After you have answered the customer’s
   objections, ask for the order.




                 more report related to selling are available at
                     www.exportpakistan.blogspot.com
Seven Steps of
Successful Selling

        Closing the Sale
         Direct Close
         Hot Button Close
         Power of Suggestion Close
         Testimonials




             more report related to selling are available at
                 www.exportpakistan.blogspot.com
Seven Steps of
Successful Selling
   Closing the Sale
    Direct Close


    “Well, Mrs.. XYZ, I think we’ve determined that
     CORIAN® is the ideal material for you in your
     kitchen/bath. When is it convenient for us to get
     the measurements?



                    more report related to selling are available at
                        www.exportpakistan.blogspot.com
Seven Steps of
Successful Selling
   Closing the Sale
    Hot Button Close


    “If a CORIAN® and Laminate countertop were
     free, which would choose?”
    “Why” (Assuming answer is Corian®)
    “Let’s find a way to get you the Corian®
     countertop you really want.”


                   more report related to selling are available at
                       www.exportpakistan.blogspot.com
Seven Steps of
Successful Selling
   Closing the Sale
    Power of Suggestion Close


    “You are going to love taking care of this
     CORIAN® countertop, you are going to love
     cleaning this CORIAN® sink.”




                     more report related to selling are available at
                         www.exportpakistan.blogspot.com
Seven Steps of
Successful Selling
   Closing the Sale
    Testimonials


    Tell a story!




                     more report related to selling are available at
                         www.exportpakistan.blogspot.com
Seven Steps of
Successful Selling
  7. Follow Through/Follow Up
  Once Sold . . .

  If Not Sold . . .




                   more report related to selling are available at
                       www.exportpakistan.blogspot.com
Process Model to Address
Questions/Concerns
     Question
      (Receive objection, ask a question)
     Listen to Answer
     Restate
      (Repeat what you think you heard for clarification)
     Answer
     Confirm Satisfaction
      (Does that answer your question/objection?)


      If the answer is no, start process again.
                     more report related to selling are available at
                         www.exportpakistan.blogspot.com
New Ideas and Tools
    Practice one at a time
     Get it right!
    Try New Behavior at least three times.
     Comfort = Effectiveness
     Don’t be Impatient.
    Learning Experience: Review Results
     Ask Yourself Questions: “What Worked, What
       Didn’t?”
       (Top Salespeople dissect what they’ve learned
       and think about improvement.)
                      more report related to selling are available at
                          www.exportpakistan.blogspot.com
CORIAN                                 SURFACES
                                                     ®


Created For Life.™



   more report related to selling are available at
       www.exportpakistan.blogspot.com

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Effective selling techniques

  • 1. With A Focus on Overcoming Objections more report related to selling are available at www.exportpakistan.blogspot.com
  • 2. Agenda 1. Introduction 2. DuPont CORIAN® Market Research 3. Seven Steps to Successful Selling 4. Questions and Wrap-Up more report related to selling are available at www.exportpakistan.blogspot.com
  • 3. Market Research In our latest survey, we talked to consumers, both prospects and owners of CORIAN®: •Females between the age of 25 and 64 •Incomes over $35,000 •Homeowners who have remodeled in the past five years or plan to remodel in the next two years Here’s what we found... more report related to selling are available at www.exportpakistan.blogspot.com
  • 4. Awareness is high and rising! 68% of consumers are aware of CORIAN® and they have a favorable impression of the product . more report related to selling are available at www.exportpakistan.blogspot.com
  • 5. Consumer preference has doubled! Today, 28% of consumers say CORIAN® is their first and only choice! (Compared to 13% in 1995) Yet, amazingly, only currently own 4% CORIAN®. more report related to selling are available at www.exportpakistan.blogspot.com
  • 6. Consider this: If we can close even half the gap between preference and purchases, your CORIAN® business would more than triple in sales! more report related to selling are available at www.exportpakistan.blogspot.com
  • 7. The Great Opportunity Gap! Higher awareness and stronger preference make your opportunities better than ever… BUT, YOU HAVE TO CLOSE THE GAP! more report related to selling are available at www.exportpakistan.blogspot.com
  • 8. Selling is a skill and like any skill, you can learn it! Good salespeople are made, not born. Top salespeople have a very positive perception of themselves; they see themselves as a consultant, an expert resolving their customer’s problems. They see themselves as completely professional people in a highly respected profession and they have high ethical standards. more report related to selling are available at www.exportpakistan.blogspot.com
  • 9. Selling is the transfer of enthusiasm! . The more enthusiastic and knowledgeable you are about your product, the more effectively you can communicate. 80% OF SELLING IS PSYCHOLOGICAL AND 20% IS TECHNICAL more report related to selling are available at www.exportpakistan.blogspot.com
  • 10. Seven Steps of Successful Selling  Consumers rate these issues as “important” when purchasing a “large ticket” item. Quality of the product Brand recognition Follow-up support (trouble-free ownership, e.g. Lexus and Infiniti) Reputation of the product and the company that makes it Terms Delivery and installation: dependable Price more report related to selling are available at www.exportpakistan.blogspot.com
  • 11. Seven Steps of Successful Selling Consultative Selling is the process of asking the consumer questions throughout the sale to reach agreement on each aspect of the purchase. When you learn to do that effectively, closing is a natural progression in the sale. In essence you are acting as a ‘consultant’ rather than a salesperson. more report related to selling are available at www.exportpakistan.blogspot.com
  • 12. Seven Steps of Successful Selling 1. Prospecting and Getting Customers 2. Build Rapport and Trust 3. Identifying Customer Needs 4. Presenting Solutions 5. Answering Objections 6. Get A Commitment 7. Follow Through/Follow Up more report related to selling are available at www.exportpakistan.blogspot.com
  • 13. Seven Steps of Successful Selling 1. Prospecting and Getting Customers Identify your target market and structure your offering to the consumer accordingly. more report related to selling are available at www.exportpakistan.blogspot.com
  • 14. Seven Steps of Successful Selling 2. Build Rapport and Trust Listen to the customer. Build a bridge to the customer and personalize your relationship. Establish your credentials and integrity. more report related to selling are available at www.exportpakistan.blogspot.com
  • 15. “Old” Model of Selling 10% Establishing Rapport 20% Qualifying 30% “Selling” (Presenting) 40% Closing more report related to selling are available at www.exportpakistan.blogspot.com
  • 16. “New” Model of Selling 40% Developing Trust and Rapport 30% Defining Needs & Problems 20% Describing Features & Benefits 10% Closing more report related to selling are available at www.exportpakistan.blogspot.com
  • 17. Seven Steps of Successful Selling 3. Identifying Customer Needs Get to know your customer by asking questions. Remember the person asking the questions is the one in charge of the conversation. Establish an “investment” figure. Establish a customer timetable. more report related to selling are available at www.exportpakistan.blogspot.com
  • 18. Fact Finding Questions Are you planning to build or remodel? What are you looking for ? (What is it you want/need?) When are you planning to start the project? Where is the project located? What overall “investment figure” did you have in mind? more report related to selling are available at www.exportpakistan.blogspot.com
  • 19. Types of Questions  Closed End Question  “May I help you?”  Open End Question  “What are you looking for today?”  High Value Question  “What are the three things you like least about your kitchen today?”  Need Payoff Question  “Would it be useful to you to cut the amount of time you spend cleaning your bathroom?” more report related to selling are available at www.exportpakistan.blogspot.com
  • 20. Seven Steps of Successful Selling 4. Presenting Solutions Present the complete package listing the features and benefits of Corian®. more report related to selling are available at www.exportpakistan.blogspot.com
  • 21. Seven Steps of Successful Selling  “What is Corian®”  “Why Should I Buy Corian®?”  “How Can I Afford Corian®” more report related to selling are available at www.exportpakistan.blogspot.com
  • 22. Seven Steps of Successful Selling  “What is Corian®?” Blend of natural minerals with pure acrylic ○ Acrylic provides strength, durability, UV resistance. ○ Natural minerals add visual texture and color 100% solid ○ Consistent color throughout Non-porous surface ○ Stains sit on surface ○ Doesn’t support growth of mold & mildew more report related to selling are available at www.exportpakistan.blogspot.com
  • 23. Seven Steps of Successful Selling  “Why Should I Buy Corian®?”  Easy to Clean  Liquids can’t penetrate  Resists stains  It’s beautiful  Warm to the touch  Lasts a long time  Handles impact  Repairable  10-year transferable installed warranty more report related to selling are available at www.exportpakistan.blogspot.com
  • 24. Seven Steps of Successful Selling  “How Can I Afford Corian®?” The classic value fits most budgets Increases the value of your home Costs less over the long run One-time investment—virtually lasts forever. more report related to selling are available at www.exportpakistan.blogspot.com
  • 25. Seven Steps of Successful Selling Addressing Price Objections Determine what is really stopping the customer from making the purchase. more report related to selling are available at www.exportpakistan.blogspot.com
  • 26. Seven Steps of Successful Selling Address the cost of CORIAN® before it becomes an objection Discuss the customer’s preconceived perceptions about the cost for CORIAN® in the beginning of your sales presentation. Eliminate the objection and alter their thinking to concentrate on the long-term benefits. For example - ‘CORIAN® is the most user friendly work surface ever made. Let me show you why it’s worth a little extra investment.” more report related to selling are available at www.exportpakistan.blogspot.com
  • 27. Seven Steps of Successful Selling 5. Disarm the objection, ask questions, clarify, showcase benefits and confirm.  Agree that CORIAN® is an additional investment.  Ask a direct question to determine needs/wants. “What are the three most important features to you for using and living with your countertop?”  Clarify their response and summarize their needs.  Describe key features/benefits to address needs  “Based on everything you mentioned, do you feel that the extra benefits of CORIAN® are worth the extra investment.” more report related to selling are available at www.exportpakistan.blogspot.com
  • 28. Seven Steps of Successful Selling Disarm the objection, discuss alternatives, compare benefits, offer a personal recommendation. Agree that CORIAN® is a little more expensive than some alternatives Discuss the alternatives (laminate, granite, tile,etc.)and review the benefits/value of each Summarize the benefits of CORIAN® and offer your personal recommendation (based on your experience or those of other satisfied customers) more report related to selling are available at www.exportpakistan.blogspot.com
  • 29. Seven Steps of Successful Selling Disarm the objection, show empathy and describe how others have justified the investment for CORIAN®.  Agree with the customer, “That’s a reasonable concern.”  Describe how other customers have felt. “You know, Mrs.. XYZ was thinking the same way when we discussed using CORIAN® in her kitchen.  Describe the experience of the other customer and why they chose CORIAN®. “It’s interesting Mrs.. XYZ decided to use CORIAN® because …….In the end, she believed the long-term benefits, and the beauty of CORIAN® was worth the added investment”. more report related to selling are available at www.exportpakistan.blogspot.com
  • 30. Seven Steps of Successful Selling Additional Responses to Help Overcome Price Objections CORIAN® doesn’t cost more. It lasts longer. CORIAN® delivers more value for every dollar spent. CORIAN® is the only choice that provides a 10-year installed warranty. “It’s the last countertop you’ll ever need to buy”. Your countertop is the most used and abused surface in your home. The durability and easy maintenance of CORIAN® is easily worth the added investment. more report related to selling are available at www.exportpakistan.blogspot.com
  • 31. Financing »Offer financing. »Most consumers have a preconceived notion that CORIAN® is expensive and they are unable to afford it. »Most consumers have a good idea what their monthly budgets allow…so offer CORIAN® as part of their monthly spending package: »“Did you know that you can own this CORIAN® countertop for as little as $xx.xx per month?” »“Did you know that for only $xx.xx a month more, you can upgrade to CORIAN® from Laminate?”
  • 32. Seven Steps of Successful Selling 6.Get A Commitment After you have answered the customer’s objections, ask for the order. more report related to selling are available at www.exportpakistan.blogspot.com
  • 33. Seven Steps of Successful Selling Closing the Sale Direct Close Hot Button Close Power of Suggestion Close Testimonials more report related to selling are available at www.exportpakistan.blogspot.com
  • 34. Seven Steps of Successful Selling  Closing the Sale Direct Close “Well, Mrs.. XYZ, I think we’ve determined that CORIAN® is the ideal material for you in your kitchen/bath. When is it convenient for us to get the measurements? more report related to selling are available at www.exportpakistan.blogspot.com
  • 35. Seven Steps of Successful Selling  Closing the Sale Hot Button Close “If a CORIAN® and Laminate countertop were free, which would choose?” “Why” (Assuming answer is Corian®) “Let’s find a way to get you the Corian® countertop you really want.” more report related to selling are available at www.exportpakistan.blogspot.com
  • 36. Seven Steps of Successful Selling  Closing the Sale Power of Suggestion Close “You are going to love taking care of this CORIAN® countertop, you are going to love cleaning this CORIAN® sink.” more report related to selling are available at www.exportpakistan.blogspot.com
  • 37. Seven Steps of Successful Selling  Closing the Sale Testimonials Tell a story! more report related to selling are available at www.exportpakistan.blogspot.com
  • 38. Seven Steps of Successful Selling 7. Follow Through/Follow Up Once Sold . . . If Not Sold . . . more report related to selling are available at www.exportpakistan.blogspot.com
  • 39. Process Model to Address Questions/Concerns  Question (Receive objection, ask a question)  Listen to Answer  Restate (Repeat what you think you heard for clarification)  Answer  Confirm Satisfaction (Does that answer your question/objection?) If the answer is no, start process again. more report related to selling are available at www.exportpakistan.blogspot.com
  • 40. New Ideas and Tools  Practice one at a time Get it right!  Try New Behavior at least three times. Comfort = Effectiveness Don’t be Impatient.  Learning Experience: Review Results Ask Yourself Questions: “What Worked, What Didn’t?” (Top Salespeople dissect what they’ve learned and think about improvement.) more report related to selling are available at www.exportpakistan.blogspot.com
  • 41. CORIAN SURFACES ® Created For Life.™ more report related to selling are available at www.exportpakistan.blogspot.com