Personal Selling
Personal Selling
Personal Selling
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Advantages of Personal Selling
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Personal Selling
Personal Selling Advertising & Sales Promotion
is more important if... are more important if...
Product has a high value Product has a low value
Product is Product is
technically complex simple to understand
4
Relationship Selling
Focus:
Long-Term
Building Value-Added
Mutual Benefits to
Buyer
Trust
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Relationship Selling
vs. Traditional Selling
Traditional
Relationship Selling
Personal Selling
Sell products Sell advice, assistance, counsel
Focus on closing sales Focus on customer’s bottom line
Limited sales planning Sales planning is top priority
Discuss product Build problem-solving environment
Assess “Product-specific” Conduct discovery in scope of
needs operations
“Lone wolf” approach Team approach
Profit impact and strategic
Pricing/product focus
benefit focus
Short-term sales follow-up Long-term sales follow-up 6
Sales Process
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Steps in Personal Selling
1. Prospecting
2. Preapproach
3. Approach
4. Presentation and Demonstration
5. Handling Objections & Queries
6. Closing
7. Follow-up
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Steps in the Selling Process
Generate Leads
Qualify Leads
Develop Solutions
Company
Records
Sources of
Sales Leads
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Cold Calling
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Qualifying Leads
Characteristics of
Qualified Leads
Receptivity &
Recognized Need
Accessibility
Buying Power
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Probing Needs
Product or service
Industry
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Needs Assessment
A determination of the
customer’s specific needs
and wants and the range
of options a customer has for
satisfying them.
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Developing and
Proposing Solutions
Sales Proposal
Sales Presentation
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Handling Objections
View objections as
requests for information
Handling
Anticipate
Objections specific objections
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Closing the Sale
Look for
customer signals
Closing
the Sale Keep an open mind
Negotiate
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Following Up
Ensure delivery
schedules are met
Responsibilities
in Goods or service perform
Following Up as promised
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Prerequisites of effective selling
Know your company
Know your Product
Know your competitors and their products
Know your Customers
Know the Process of Selling
Know yourself
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Qualities of a Good Salesman
• Physical Qualities
• Social Qualities
• Mental Qualities
• Moral Qualities
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Sales Management
Responsibilities
Define sales goals and
sales process
Determine sales
force structure
Tasks of
Sales Management Recruit and train
sales force
Precise
Sales Goals
Should Be...
Measurable
Time Specific
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Quota
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Sales Force Structure
Geographic Region
Product Line
Common
Sales
Marketing Function
Organization
Structures
Market or Industry
Individual client
or account
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Training the Sales Force
Company policies
and practice
Selling techniques
Training
includes... Product knowledge
Nonselling duties
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Compensation Plans
Basic
Compensation
Methods
Commission Salary
Combination
Plans
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Compensation Plans
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Effective Sales Leaders
Effective Sales Leaders...
Are assertive
Possess ego drive
Possess ego strength
Take risks
Are innovative
Have a sense of urgency
Are empathetic
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Evaluating the Sales Force
Sales Volume
Contribution to Profit
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The Impact of Technology
on Personal Selling
Laptop computer link
Mobile telephones
Pagers
Internet
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