Exam 8: Addressing Concerns and Earning Commitment

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Questions asked by the salesperson designed to elicit how far along the prospect is in his/her decision making are called ____.

(Multiple Choice)
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Statements from the buyer that indicate his/her interest in making a purchase are called ____.

(Multiple Choice)
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"Are you interested in the basic model or would you like the deluxe model?" is an example of which type of technique to earn commitment?

(Multiple Choice)
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Before attempting to gain commitment, the salesperson should summarize all the benefits their offer (solution) is capable of producing.

(True/False)
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"How do I know you'll meet our delivery requirements?" is an example of a service objection.

(True/False)
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Just before moving into the securing commitment and closing stage, a salesperson should ____.

(Multiple Choice)
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"The equipment I have is still good" reflects the expression of a _____________objection.

(Short Answer)
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"Your prices are too high" is probably the most common type of objection.

(True/False)
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A salesperson counterbalancing the objection with an offsetting benefit is using the _____________method of handling objections.

(Short Answer)
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_____________ objection is resistance to a product based on the price of the product being too high for the buyer.

(Short Answer)
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A buyer expressing concern about the warranty offered by the seller is raising which type of objection?

(Multiple Choice)
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LAARC is an acronym for listen, ________________, assess, respond, and confirm that describes an effective process for salespeople to follow to overcome sales resistance.

(Short Answer)
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A buyer expressing concern about the product's ability to function properly is raising which type of objection?

(Multiple Choice)
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__________ is a selling technique in which the salesperson asks the customer directly to buy.

(Short Answer)
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A salesperson that tells the buyer that he or she will be covering the objection later in his or her presentation is using the __________________method of handling objections.

(Short Answer)
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Which of the following phrases should salespeople involved in relational selling try to remember?

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"The price is lower than I thought" is an example of a commitment signal.

(True/False)
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One method for gaining commitment involves the salesperson reviewing with the buyer all of the confirmed benefits.

(True/False)
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Which of the following is not a technique for earning commitment?

(Multiple Choice)
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The Direct Denial method is probably the safest objection handling method.

(True/False)
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