Page 50 - RW205.01.0819 WW-Seminar-The Perfect Presentation
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The Perfect Presentation








           The L.C.O. PROCESS                                       Let your prospect answer. Pay close attention to
           (LISTEN • CONFIRM • OFFER)                               identify needs. If the prospect deviates from the
                                                                    initial objection, follow up with closed questions
                                                                    to obtain more information. And pause: it allows
           You  can manage  both  recruitment  and  sales           your prospect to deepen the answer and you to
           objections by using the L.C.O. Process: Listen,          direct the conversation.
           Confirm,  and Offer. With this process, you
           don’t solve the objections yourself, you offer
           options; your prospect solves the objections.

                                                                    Ask your prospect questions: it demonstrates
                                                                    your interest and can foster an open trusting
                                                                    environment between you and your prospect.





                                                                         2. Confirm the objection


                                                                    You want to understand the objection clearly
                                                                    and obtain the approval of your prospect. Ask
                                                                    closed questions and pause. You want to get a
                                                                    “YES” for an answer. This may be a good time to
               1. Listen to the objection                           guess your prospect’s feelings and needs out loud

                                                                    as seen in Communicating effectively: Are you
           Pay attention to what your prospect                      (feeling), because you want (need)?
           communicates both verbally (with words) and
           non-verbally (through facial expressions, body
           language and voice). Your prospect may not                   3. Offer options
           express the real concern, or may try to hide
           it with a false objection. Listen for the true           Most people want choices. Present the available
           objection so you can manage it. To do this,              options to overcome an objection. By choosing
           acknowledge the objection and follow up with a           an option, your prospect solves the objection, and
           question. For example you could say:                     you can move on. However, in order to present

                                                                    suitable options, it is vital that you have good
                   I see. (acknowledgment) And what is your         knowledge of the Rena Ware difference, product
                   greatest concern? (question)                     benefits, pricing and credit policies.

                   I understand. And what would make you close
                   the deal today?


                   Obviously you have a reason for saying that.
                   Would you be willing to share it?










    50     RW205 WW.1205.01.0819                                                             EXERCISE 27
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