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Professor Chip Besio

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Sales Management ... Evidence Proof benefit will be realized Personal Selling Handling Objections Acknowledge and Convert Postpone Agree and Neutralize Acceptance ... – PowerPoint PPT presentation

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Title: Professor Chip Besio


1
Personal Selling and Public Relations
  • Professor Chip Besio
  • Cox School of Business
  • Southern Methodist University

2
Personal selling and sales management quiz.
What are your answers?
3
Personal Selling
  • Basic Types of Selling Approaches

1. Stimulus-Response 2. Need Satisfaction 3.
Problem-Solution
4
Personal Selling
  • Personal Selling Definition
  • Direct communications between paid
    representatives and prospects that lead to
    purchase orders, customer satisfaction and
    post-sale service.
  • Sales Management Definition
  • The planning, implementing and control of
    personal contact programs designed to achieve the
    sales and profits of the firm.

5
THE MANY FORMS OF PERSONAL SELLING CUSTOMER SALES
SUPPORT PERSONNEL
  • Missionary Salespeople
  • Sales Engineer
  • Team Selling
  • Conference Selling
  • Seminar Selling

6
How outside order-getting salespeople spend
their time each week
7
Comparing order takers and order getters
8
Stages and objectives of the personal selling
process
9
THE PERSONAL SELLING PROCESS BUILDING
RELATIONSHIPS PROSPECTING
  • Types of Prospects
  • Lead
  • Prospect
  • Qualified Prospect
  • Cold Canvassing/Cold Calling

10
THE PERSONAL SELLING PROCESS BUILDING
RELATIONSHIPS
  • Preapproach Stage
  • When to Contact
  • International Customs

11
THE PERSONAL SELLING PROCESS BUILDING
RELATIONSHIPS
  • Approach Stage
  • Customs
  • Gestures

12
THE PERSONAL SELLING PROCESS BUILDING
RELATIONSHIPS
  • Presentation Stage

13
Personal Selling
  • Needs Discovery
  • Types of questions

1. Permission Close-ended 2. Fact-finding
Factual information 3. Feeling finding
Open-ended questions 4. Checking Confirm
questions understanding
14
Personal Selling
  • Advocating Skills
  • Three Elements of Presentation

1. Features Tangible or intangible 2.
Benefits Solutions to buyers problems,
related to buying motive 3. Evidence Proof
benefit will be realized
15
Personal Selling
Handling Objections
  • Acknowledge and Convert
  • Acceptance
  • Postpone
  • Denial
  • Agree and Neutralize
  • Ignore

16
Personal Selling
Close Stage
  • Direct Close
  • Summary Close
  • Assumptive Close
  • Single Obstacle
  • Choice Close

17
Closing Techniques
Selling Technique
Direct Ask for the order in a straight-forward
manner Summary Summarize the benefits already
cover in the presentation Single Asks for the
order if last obstacle is Obstacle overcome
18
Closing Techniques
Selling Technique
Assumption Assume readiness to buy and focus
on the transaction details Choice Focus on
version to be ordered
19
Personal Selling
Follow-up Stage
  • Repeat Sales
  • Referrals

20
Pillars of Sales Support
Support the buying decision
Implementation
Deal with Dissatis-faction
Enhance the Relation-ship
21
Pillars of Sales Support
  • Reduce buyer anxiety
  • Make a follow-up call
  • Ask for feedback

Support Buying Decision
Manage the Implementation
  • Assist w/ approval process
  • Introduce support resources
  • Monitor report progress

22
Pillars of Sales Support
  • Empathize with the buyer
  • Respond to problems --
  • use objection handling
  • techniques
  • Anticipate buyer concerns
  • and expectations
  • Reinforce the Benefits

Deal with Dissatisfaction
23
Pillars of Sales Support
Enhance the Relationship
  • Be available
  • Arrange continued
  • personal
  • communications
  • Maintain quality of
  • products/services
  • Provide ongoing
  • updates and
  • progress reports
  • Be a resource for info,
  • help and ideas
  • Grow the business
  • internally
  • Ask for referrals

24
Public Relations
Public Relations a form of communication
management that seeks to influence the image of
an organization and its products or services.
Public Relations can also be essential in
minimizing the negative impact of a problem or a
crisis, e.g. Toyotas - Brakes BPs - Oil Spill.
25
Public Relations
  • Publicity Tools
  • News Release
  • Personal Appearances
  • News Conference
  • Photo Opps

26
Public Relations
  • Publicity Tools
  • Public ServiceAnnouncement (PSA)

27
Public Relations
  • Publicity Tools
  • Events
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