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Mandal’s.
Institute of Management
and Computer Studies.
THE SELLING SKILLS.
MMS PART I
SUBJECT- Selling And Negotiation Skills.
Group Members – (1)Deepti. –Rollno. 98
(2)Vaibhav. –Rollno. 102
(3)Siddhesh. –Rollno. 108
(4)Narsinha. –Rollno. 109
(5)Ashwin. –Rollno. 119
Part 1 :
1. Promotion Mix.
2. Personal & non-personal elements.
3. Why personal selling ?
4. Promotion Strategies.
Part 2 :
1. Steps in effective selling process.
2. SUPER sales person skills.
Part 3 :
Definition
Sales promotion can be defined as an activity
taken up to boost the sales of a product.
3.What is personal
selling?
market
4.Why personal Product
selling? money
(cost)
5.Promotion Strategies.
Personal selling –
Product
Producthas
hasaahigh
highvalue
value
Provides a detailed explanation
or demonstration of product
Product
Productis
iscustom
custommade
made
Message can be varied to fit the
needs of each prospective customer
Product
Productis
istechnically
technicallycomplex
complex
Instant feedback
Customers are concentrated
Personal persuasion can be used
Selling
Sellingimage,
image,not
notproduct
product
“ A good salesman can get
• Informative Advertising - Advertising approach
intended to build initial demand for a good or
service in the introductory phase of the product
life cycle.
• Newspapers - C an be costly so you want to
reach the exact audience that will buy your
product or service.
• Television and R adio - Are typically expensive.
The most popular stations are typically expensive.
Be sure to know your target audience and study
the media kits to determine if the station reaches
that audience.
• Direct Mail - Can be either generated by you
individually or can be a part of a co-op program
such as Val-Pak.
• Magaz ines and Trade Journals - Many have
space available regionally.
• Outdoor Advertising Including Billboards and
Transit Ads (buses, cabs) Yellow Pages - This is
possibly the first type of advertising you should
purchase. The downfall with Yellow Page
advertising is that it takes the customer directly to
your competition!
promotion efforts
Distribution
Producer Customer
Channels
demand
Push Strategy - “Pushing” the Product
Through Distribution Channels to Final
Consumers.
promotion efforts
Distribution
Producer Customer
Channels
demand demand
Pull Strategy - Producer Directs It’s
Marketing Activities Toward Final
Consumers to Induce Them to Buy the
Product.
Prospecting
Pre- Approac Presentation &
&
approach h demonstration
qualifying
Identify
Learn as much
qualified Make a Tell the product “story” &
as possible
potential relationship focus on customer benefits
about customer
customers
Handling
Follow- To insure customer
objection Closing
up satisfaction & repeat
s business
2. Pre approach
Salesperson
determines sales call objective, develops customer profile, customer
benefit program, and selling strategies. Customer’s needs are
determined.
3. Approach
Salesperson obtains interview, meets prospect, and begins
individualized sales presentation. Needs are further uncovered.
4. Presentation
Salesperson relates product benefits to needs, using demonstration,
dramatizations, visuals, and proof statements.
5.Trial close
Salesperson asks prospect’s opinion on benefits during and after
presentation.
6. Objections
Salesperson uncovers objections.
7. Meet Objections
Salesperson satisfactorily answers objections.
8. Close
Salesperson has determined prospect is ready to buy and now asks for
the order.
9. Follow-Up
Salesperson provides customer service after the sale.
Risky & innovator
(a) Characteristics of Sense of mission
Effective Salespeople
Partner & team
(b) 9 Keys to Sales Success player
Solving problems
Rejections are
information
(a) Characteristics of Possesses Good
Effective Salespeople Communication Skills
Demonstrates Good
Interpersonal Skills
Possesses Solid Technical
Skills
Has a Positive Attitude
Radiates Self-Confidence
Goal Oriented
Empathetic
Honest
Enthusiastic
(b) 9 Keys to Sales
Success
“If you make a sale you make 5.. Write down your thoughts, strategies &
commissions...If you make a friend you ideas and
can make a fortune” your mind & 6 th sense will supply info
1. Have a total belief system..high self- 6.. Take courses to improve your knowledge
belief = high 7. Be a speaker / writer...positions you as an
success (best person, best company, exper7. expert
best 8.. Publish something...someone else confirms
product/service) you are
2. Belief drives passion (intangible an expert
persuader) failur2. failure 9. . G ive value first...put valuable info in the
comes from lack of belief not lack of hands of
skills purchasers, so they may benefit...will allow
3. Y es ! Attitude : I think I can sets them to
up a positive outcome know you, trust you, respect you & will want to
4. Invest in things that make you buy
successful...improve from you.
skills; knowledge of your clients,
biggest obstacles, or
biggest opportunities
“ People don’ t like to be sold ......but they love to buy ”
Forget knowing how to sell...get to know why people
buy
You don’t know the answer if:
1. You get a price objection
2. You have to present a bid, or proposal
3. They say they are satisfied with their existing
supplier
4. No one returns your call
5. You think the economy is too slow
“ 1st sale is you, then people buy your product / service ”
1. I like my rep (like leads to trust...leads to buying...leads to a relationship)
2. I understand what I am buying
3. I perceive a difference in the rep, or company
4. I perceive value in my purchase
5. . I believe my rep
6. . I have confidence in my rep
7.. I trust my rep
8. . I am comfortable with my rep
9. . I feel a fit with my needs & their products
1 0. The price is fair (not necessarily the lowest)
11. I perceive the purchase will improve productivity
12. I perceive that this purchase will increase profits
13. I perceive that my rep is helping me and is a valuable resource