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©2005 Pearson Education Canada Inc. 11-1 Chapter 11 Personal Selling

©2005 Pearson Education Canada Inc.11-1 Chapter 11 Personal Selling

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Page 1: ©2005 Pearson Education Canada Inc.11-1 Chapter 11 Personal Selling

©2005 Pearson Education Canada Inc. 11-1

Chapter 11Personal Selling

Page 2: ©2005 Pearson Education Canada Inc.11-1 Chapter 11 Personal Selling

©2005 Pearson Education Canada Inc. 11-2

Personal Selling

“Personalized communications that involves a seller presenting benefits of a product to a buyer.”

Personal selling plays a key role in customer relationship management programs. It is the human component.

Page 3: ©2005 Pearson Education Canada Inc.11-1 Chapter 11 Personal Selling

©2005 Pearson Education Canada Inc. 11-3

Types of Personal Selling

RetailRetail

B2BB2B

DirectDirect

Single transactions, repeat transactions, and order taking.

Selling products used in the manufacture of other products.

Telemarketing and Internet-based selling techniques.

Page 4: ©2005 Pearson Education Canada Inc.11-1 Chapter 11 Personal Selling

©2005 Pearson Education Canada Inc. 11-4

Selling Has Evolved

ConsultativeSelling

ConsultativeSelling

StrategicSellingStrategicSelling

RelationshipSelling

RelationshipSelling

PartnershipSelling

PartnershipSelling

Page 5: ©2005 Pearson Education Canada Inc.11-1 Chapter 11 Personal Selling

©2005 Pearson Education Canada Inc. 11-5

Personal Selling Planning

IMCPlanIMCPlan

Sales PlanSales Plan

ObjectivesObjectives

StrategiesStrategies

ExecutionExecution EvaluationEvaluation

Page 6: ©2005 Pearson Education Canada Inc.11-1 Chapter 11 Personal Selling

©2005 Pearson Education Canada Inc. 11-6

Selling Strategies

Personal characteristics and preparation are crucial ingredients for success in selling.

Self-ImageVerbal skills

Body LanguageDress Code

Self-ImageVerbal skills

Body LanguageDress Code

ProductCompany

Competitor

ProductCompany

Competitor

Good salespeople know more than the product.

Strong personal characteristics are needed.

Page 7: ©2005 Pearson Education Canada Inc.11-1 Chapter 11 Personal Selling

©2005 Pearson Education Canada Inc. 11-7

Roles and Responsibilities of Salespeople

1. Gather market information

2. Solving customers problems

3. Locating (new) and maintaining (current) customers

4. Providing follow-up service

Making effective sales presentations is the core of the job, but much time is spent on related activities.

Page 8: ©2005 Pearson Education Canada Inc.11-1 Chapter 11 Personal Selling

©2005 Pearson Education Canada Inc. 11-8

Essential Steps in the Selling Process

Selling is a 7-step process. Good salespeople adhere to the steps.

1. Prospecting

2. Pre-approach

3. Approach

4. Presentation

5. Handling Objections

6. Closing

7. Follow-up

Page 9: ©2005 Pearson Education Canada Inc.11-1 Chapter 11 Personal Selling

©2005 Pearson Education Canada Inc. 11-9

Prospecting and Pre-Approach

ProspectingProspecting

Pre-ApproachPre-Approach

• Referrals

• Cold canvas

• Database management

• Collecting customer information

• Qualifying the customer

Page 10: ©2005 Pearson Education Canada Inc.11-1 Chapter 11 Personal Selling

©2005 Pearson Education Canada Inc. 11-10

Approach and Presentation

ApproachApproach

PresentationPresentation

• Customer contact

• Make positive impression

• Schedule appointment

• Relate benefits to needs

• Persuasive delivery

• A/V for impact

• Demonstration

Page 11: ©2005 Pearson Education Canada Inc.11-1 Chapter 11 Personal Selling

©2005 Pearson Education Canada Inc. 11-11

Objections and Closing

ObjectionsObjections

ClosingClosing

• Responding to buyer’s concerns

• Offering additional information.

• Trial close

• Close

• Confirmation

Page 12: ©2005 Pearson Education Canada Inc.11-1 Chapter 11 Personal Selling

©2005 Pearson Education Canada Inc. 11-12

Follow-Up

The quality of follow-up service activities play a key role in keeping a customer, a customer.

Follow-UpFollow-Up

• Post-sale contact

• Ongoing contact

• Relationship building programs

Page 13: ©2005 Pearson Education Canada Inc.11-1 Chapter 11 Personal Selling

©2005 Pearson Education Canada Inc. 11-13

Changing Nature of Selling

Personal selling will continue to change. Technology will lead the way.

1. The “team approach” to selling will continue to grow.

2. The formation of partnerships will be key to long-term growth potential.

3. Technology will change the way we sell and how we communicate.