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Personal Selling

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Describe roles of selling and relationship management. Identify when to ... Persuasion. Pre-transaction: Create recognition and info understanding. Advertising ... – PowerPoint PPT presentation

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Title: Personal Selling


1
Personal Selling Sales Management
Part 1 of 3
2
Objectives
  • Describe roles of selling and relationship
    management
  • Identify when to use personal selling
  • Understand contributions of a salesperson
  • Outline the steps involved in making a sale
  • Understand ongoing nature of selling marketing
  • Describe major aspects of sales managers job
  • Classify various forms of sales compensation
  • Identify ethical issues facing sales personnel

3
Examples of Personal Selling
  • 12 million people are engaged in personal selling
    in the United States
  • Represents about 10 of the work force

4
Relative Importance of Advertising and Personal
Selling
  • Pre-transaction
  • Create recognition and info understanding
  • Post-transaction
  • Reminder and reassurance
  • Transaction
  • Persuasion

5
Characteristics of Personal Selling
Pro
Con
  • Flexibility
  • Adapt to situations
  • Engage in dialog
  • Can not reach mass audience
  • Expensive per contact
  • Numerous calls needed to generate sale
  • Labor intensive
  • Builds Relationships
  • Long term
  • Assure buyers receive appropriate services
  • Solves customers problems

6
Types of Salespersons
  • ORDER
  • GETTERS
  • Current
  • customers
  • New
  • customers

ORDER TAKERS Inside Order Takers (via mail,
telephone, internet) Outside Field Sales
SUPPORT PERSONNEL Missionary Salespersons Trade
Salespersons Technical Salespersons
7
Personal Selling Tasks
  • Order getting
  • Seeking out customers
  • Creative selling
  • Pioneering
  • Account management
  • Order taking
  • Routine
  • writing up orders
  • checking invoices
  • assuring prompt order processing
  • Suggestive selling

8
Personal Selling Tasks
  • Missionary
  • Detailer
  • Goodwill
  • Closers
  • Cross-functional
  • Account service rep

9
You are part of the total product
10
The Personal Selling Process
Pre approach QUALIFYING PROSPECTS
PROSPECTING IDENTIFYING POTENTIAL CUSTOMERS
11
Creative Selling Process
  • Prospecting Identifying likely new customers
  • Leads
  • Developing lists of Potential Customers

Pre-approach (Qualifying)
  • Finding and analyzing information about prospects
  • Evaluating a prospects potential

12
Approaching The Prospect
HOW DO WE MAKE THE INITIAL CONTACT BUILD RAPPORT
There is only one time to make a first impression
13
Creative Selling Process
  • Making The Sales Presentation
  • Using Persuasive communication
  • Hold Attention
  • Stimulate Interest
  • Desire
  • Tell the products story

14
Creative Selling Process
  • Handling Objections
  • Questions
  • Reservations
  • Understand Concern
  • Counterarguments
  • Acknowledge concern
  • Clues to process

15
Iceberg Effect
  • Simple (S R)
  • Complex Interactions

10 is visible
Competition/deals
Consumer Preferences
90 is invisible
Personal emotions
Technology
16
Overcoming Objections
IF HE HADNT TOLD ME WHAT HIS OBJECTION WAS, I
NEVER WOULD HAVE BEEN ABLE TO HELP!
17
Creative Selling Process
  • Closing the Sale
  • Closing signals
  • Trial close
  • Asking the prospect to buy

18
Creative Selling Process
  • Following Up
  • Commitments met
  • Shipment
  • Performance
  • Reinforce L-R relationship
  • Satisfied customers rebuy recommend

19
(No Transcript)
20
After-sales Service Ratings
  • Job quality do it right the first time
  • Prompt warranty work

Service Quality 7.87
Speed .37
Reputation 3.38
Cost 4.39
10
0 1 2 3 4 5 6 7 8
Low
High
(SCALE Degree of Importance)
(JMR/Vol. 78)
21
A Key to Success
  • Stay Close to Your Customer
  • and
  • LISTEN!
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