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FUNDAMENTALS OF SELLING

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Title: Fundamentals of Selling Subject: Chapter 10 Author: Bill Daley Last modified by: Futrell, Charles M. Created Date: 4/2/2001 5:08:39 PM Document presentation format – PowerPoint PPT presentation

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Title: FUNDAMENTALS OF SELLING


1
  • FUNDAMENTALS OF SELLING
  • Customers For Life Through Service
  • 13th Edition
  • Charles M. Futrell

2
Chapter
10
  • Begin Your Presentation Strategy

3
10
Chapter
10-3
4
The Golden Rule The Beginning
  • Guided by The Golden Rule
  • Begin the presentation with an end in mind
  • Seek first to understand, then to be understood
  • Knowing you can help solve problems provides
  • Great caring, confidence, and excitement in your
    mind, body and speech
  • Do not give in to the temptation to exaggerate
  • You will see that trust, integrity, and character
    win out in the long run

T
T
T
Service
Ethical
T
T
T
T
T
T
T
T
Builds
T r u e
Relationships
T
C
I
5
What Is the Approach?
  • A golf shot from the fairway toward the green
  • Steps a bowler takes before delivering the
    bowling ball

6
For the Salesperson What Is the Approach?
  • The time from when the salesperson first sees the
    buyer to the beginning of the discussion of the
    product.

7
The Approach
  • Could last seconds or minutes and involves
  • Meeting
  • Greeting
  • Rapport Building
  • One of the approach communication techniques
    discussed in this chapter

8
The Approach Is
  • The 1st step in the sales presentation
  • The 3rd step in the selling process

9
Exhibit 10.1 The Approach Begins the Sales
Presentation
  • The sales presentation method determines how you
    open your presentation

10
Select Your Presentation Method and Then Your
Approach
11
Caution Salespeople
  • Take the approach seriously
  • Some feel this is the most important step in
    helping someone
  • If unsuccessful, you may never have opportunity
    to move into the presentation
  • If you can not tell your story how will you make
    the sale?
  • The approach is extremely important

12
The Approach Step of the Sales Presentation
  • Is over when you begin discussing the product
    itself

13
Lets Summarize! The Salesperson
  • Meets
  • Greets
  • Rapport Builds
  • Goes through the approach
  • Discusses the product
  • Discusses the marketing plan
  • Discusses the business proposition
  • Closes asks for the order

14
The ApproachOpening the Sales Presentation
  • A buyers reactions to the salesperson in the
    early minutes of the presentation are critical to
    a successful sale
  • Your attitude during the approach
  • It is common for a salesperson to experience
    tension in various forms when contacting a
    prospect
  • Successful salespeople have learned to use
    creative imagery to relax and concentrate

15
The First Impression You Make Is Critical to
Success
  • Your first impression is projected by
  • Appearance
  • Attitude
  • You only have one chance to make
    a favorable first impression

16
Approach Categories
  • Opening with a statement
  • Opening with a demonstration
  • Opening with a question or questions

17
Exhibit 10.5 The Approach Techniques for Each
of the Four Sales Presentation Methods
18
Objectives of Both Statement and Demonstration
Approach Techniques
  • Attention
  • Interest
  • Transition

19
The Situation Faced Determines the Approach
  • Influences on the approach to use include
  • Product being sold
  • Whether the call is a repeat call
  • Customers needs
  • Amount of time
  • Awareness of a problem

20
The Approach Leads Quickly Into the Sales
Presentation
21
Objectives Of Using Question Approach Techniques
  • Uncover needs and problems
  • Fulfill needs
  • Solve problems
  • Have prospect tell you about
  • Needs
  • Problems
  • Intention to do something about them

22
Exhibit 10.6 Approach Techniques for Opening the
Presentation
23
The Golden Rule
  • Follow the Golden Rule by placing the other
    persons interest before your self-interest
  • This will avoid
  • Losing the Sale
  • Destroying your business relationship

24
Opening With Statements
  • Introductory approach
  • Complimentary approach
  • Referral approach
  • Premium approach

25
Demonstration Openings
  • Product approach
  • Showmanship approach

26
Opening With Questions
  • Most common openers
  • Customer benefit approach
  • Curiosity approach
  • Opinion approach
  • Shock approach

27
Exhibit 10.10 A Popular Multiple-Question
Approach Is the Spin
  • Remember, the product is not mentioned in SPIN

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28
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29
Technology in the Approach
  • Powerful attention-grabbers
  • Sounds
  • Visuals
  • Touch

30
Is the Approach Important?
  • Yes it is!
  • Salespeople need several approach techniques that
    have worked in the past to select the approach
    for a current situation

31
Remember to Select Your Presentation Method and
Then Your Approach
32
Four Question Categories
1. Direct 2. Nondirective 3. Rephrasing 4.
Redirect questions
33
The Direct Question
  • Can be answered with a few words such as
  • Mr. Jones, is reducing manufacturing costs
    important to you?
  • What kind?
  • How many?
  • Never phrase as a direct negative or a question
    that can cut you off
  • Example May I help you?

34
The Direct Question Limitations
  • Does not really tell you much
  • There is little feedback information

35
The Nondirective (Or Open-Ended) Question
  • Begins with who, what, where, when, how, or why
  • Who will use this product?
  • What features are you looking for in a product
    like this?
  • Its purpose is to obtain unknown or additional
    information

36
The Rephrasing Question
  • Is useful if you are unclear and need to clarify
    the meaning of something said
  • Are you saying that price is the most important
    thing you are interested in?
  • Then what you are saying is, if I can improve
    the delivery time, you would be interested in
    buying?

37
The Redirect Question
  • Used to change the direction of the conversation
    often from a negative to a positive
  • Imagine you walk into a prospects office,
    introduce yourself, and get this response
  • Im sorry, but there is no use in talking. We
    are satisfied with our present suppliers. Thanks
    for coming by.
  • A redirect question would be
  • Wouldnt you agree that you continually need to
    find new ways to increase your companys sales?

38
Three Rules for Using Questions
  • 1. Use only questions that you can anticipate the
    answer to or that will not lead you into a
    situation from which you cannot escape
  • 2. Pause or wait after submitting a question
  • 3. Listen

39
Be Flexible in Your Approach
  • Be willing and ready to change your planned
    approach
  • That is why you need several methods to open your
    sales presentation

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