Selling, Sales Promotion, and Public Relations

1 / 34
About This Presentation
Title:

Selling, Sales Promotion, and Public Relations

Description:

Allows you to tailor your presentation to fit the needs and ... High Persuasiveness. Follow Instructions. Sociability. Good Reputation/Highly Recommended ... – PowerPoint PPT presentation

Number of Views:33
Avg rating:3.0/5.0

less

Transcript and Presenter's Notes

Title: Selling, Sales Promotion, and Public Relations


1
Chapter 15
  • Selling, Sales Promotion, and Public Relations

2
Chapter Outline
  • The Personal Selling Process
  • Sales Promotion
  • Public Relations
  • Publicity

3
Selling
  • The process of selling products and services to
    customers usually involves sales personnel who
    interact with customers
  • Allows you to tailor your presentation to fit the
    needs and behavior of individual customers
  • Can minimize wasted effort, build relationships,
    and secure the sale
  • Is costly

4
Selling
  • Remember there is more to selling than getting
    the sale its all about relationship building!

5
Indicators of Sales Aptitude
  • High Persuasiveness
  • Follow Instructions
  • Sociability
  • Good Reputation/Highly Recommended
  • Obvious Ambition
  • Enthusiasm
  • Well Organized
  • High Verbal Skills

6
The Nature of Sales Jobs
  • Professional salespeople Managers of a
    territory, with complete responsibility for
    relations with their customers.
  • Other sales jobs
  • Driver salesperson
  • Inside ordertaker
  • Outside ordertaker
  • Missionary salesperson
  • Sales engineer
  • Consultative salesperson

7
Changing Patterns in Sales
  • The nature of the sales job is changing,
    reflecting changing market situations
  • Team selling
  • Systems selling
  • Global sales teams
  • Relationship selling
  • Telephone and Internet selling
  • Sales force automation

8
Steps in the Personal Selling Process
  • Prospecting
  • Pre-approach
  • Approach
  • Making the presentation
  • Overcoming objections
  • Closing the sale
  • Follow up

9
The Sales Process
10
Prospecting
  • Creating your list - how can you do this?
  • Suspectqualified..prospect

11
Pre-approach
  • Thorough assessment before contact -homework!!!

12
Approach
  • The First Impression
  • Deliver value
  • Cold Calls are still done but they are not very
    effective. Why?
  • What is a better way?

13
Making the Presentation
  • Grab attention
  • Hold attention
  • Involve the customer
  • Demonstrate
  • LISTEN!!!!!!!
  • Be Flexible!!!

14
Overcoming Objections
  • LOOK for them! Why???
  • Handle objections when they arise.
  • Always check/confirm that the objection has been
    removed and the customer is satisfied.

15
Ask for the Sale - Close!
  • Trial close - checking for unresolved issues
  • Link features to customer benefit
  • Cover the bases and when you feel comfortable
    that the customer is comfortable..ask for the
    order and say nothing.. Just look into the eyes
    of the customer!

16
Follow upbuild the relationship!
  • Successful follow up is easybut be prepared!!
  • Unsuccessful follow up is essential.and never
    easy!

17
Trust-building Process
  • Assessing the relationships value
  • Developing confidence in predicting the sellers
    behaviour
  • Assessing the sellers ability to meet commitments
  • Evaluating the sellers motivation
  • Trust in the firm and the salespersons
    relationship to the firm

18
The ultimate decision to buy
  • Trust in the firm
  • Trust in the salesperson
  • Other opinions
  • Details negotiated price,delivery, product,
    service

19
Managing a Sales Force
  • Staffing is a critical sales-force decision ?
    Must ensure that staff are qualified.
  • Firm needs a system to generate applicants.
  • Recruitment often involves extensive screening.
  • Extensive sales force training is often needed.
  • The sales force must be supervised and managed.
  • Their performance has to be evaluated.
  • Compensation systems must be put in place

20
Sales Promotion
  • Demand - stimulating devices designed to
  • supplement advertising
  • facilitate personal selling

21
Sales Promotion Targets
  • Intermediaries
  • Sales Force
  • End users householders or businesses

22
Sales Promotion can be used together with...
  • Advertising or personal selling
  • In-store display uses ad slogan/logo (encourages
    dialogue)
  • win a. mailing list or call contact list

23
2 Categories of Sales Promotions
  • Trade - directed towards members of the
    distribution channel
  • 21 Trade promotion Advertising
  • Consumer - directly at consumer
  • 11 Consumer promotion Advertising

24
Types of Sales Promotion
  • Coupons
  • Cash Rebates
  • Premiums (gifts)
  • Free samples
  • Contests
  • Sweepstakes
  • Point-of purchase displays
  • Product demonstrations
  • Trade Shows and exhibitions
  • Advertising specialties
  • Advertising allowances
  • Free goods
  • Sales meeting
  • Others??

25
Sales Promotion Techniques
26
Sales Promotion Popularity
  • Produce quick, measurable results (threat to
    brands future
  • Competitive leverage - to retaliate against
    competitive lines
  • Buyers expect them today
  • Product displays/samples - work effectively at
    point of purchase

27
Managing the Sales Promotion
  • Problem usually
  • Stop-gap
  • Short-run
  • Tactics
  • Need it nowdo it now

28
3 General Objectives of Sales Promotions
  • Stimulate business user/ household demand
  • Improve performance of intermediaries and sales
    force
  • Supplement advertising and facilitate personal
    selling

29
Specific Objectives of Sales Promotion
  • Gain product trial (free sample in mail)
  • Disrupt existing buying habits (large discount
    can change ones mind)
  • Attract more customers (new deposit, win
    mortgage)
  • Encourage greater use (Triple/quad points ie. Air
    Miles Card)
  • Retaliate directly to competitors diversion
  • Increase impulse buying
  • Get retailer cooperation

30
If the Objective is to..
  • Increase sales - coupons, cash rebates, free
    samples and premiums (pull strategy)
  • Protect market share - work to improve retailer
    performance through point-of-purchase displays
    and advertising allowances (push strategy)

31
Factors that Influence the Choice of Promotional
Items
  • Nature of the target audience (loyal customers -
    high value coupon)
  • Nature of product
  • Cost of item
  • Current economic conditions (coupons best in
    recession/inflation)

32
Public Relations
  • Influence favorable attitude towards
  • an organization
  • its products
  • its policies

33
Publicity
  • Any communication about
  • an organization
  • its products
  • its policies
  • NOT paid for by the operation
  • speech
  • interview
  • article

34
Benefits vs. Limitations
  • Very credible
  • Low to no cost
  • Timely
  • No control
  • Limited exposure
Write a Comment
User Comments (0)