Sales Pitch

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Sales Pitch

Gauransh Bhardwaj
&
Gurvir Singh Dhatt
Topic Clarification
Product: Emphasize the specifics of the
product being offered: Dell laptops powered
by the Windows operating system. Highlight
key features, specifications, and any unique
selling points of these laptops.
Quantity: Specify the quantity being proposed
- in this case, 500 laptops.
Purpose: Define the intended use of these
laptops within the university context, such as
equipping faculty, students, or administrative
staff.

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Presentation Style:
• Consultative Approach: Express that the presentation will adopt
a consultative approach focused on understanding the
university's specific needs and aligning the proposal to those
needs.
• Interactive Engagement: Emphasize the interactive nature of the
presentation, aiming for engagement and interaction between
the sales team (representing Dell) and the university's purchase
department representatives.
• Solution-Oriented: Highlight the intention to present a
comprehensive solution that addresses the university's
requirements effectively, showcasing how Dell's laptops cater to
their academic and administrative needs.
• Value Proposition Focus: State that the presentation style will
heavily emphasize the value proposition of Dell's laptops,
emphasizing benefits, reliability, security, and any unique
advantages that distinguish Dell from other options in the
market.
• Adaptability: Mention the adaptability of the presentation style
to accommodate questions, concerns, and specific requests
from the university, demonstrating flexibility in tailoring the
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proposal to their needs.
Context of the Presentation

ZOPA BATNA
Pricing Flexibility: Dell's ZOPA could involve Service and Support: Dell's BATNA could
flexibility in pricing arrangements. This might encompass the provision of comprehensive after-
include volume discounts for purchasing in bulk sales service and support. This might include
(500 laptops), special educational discounts, or warranty extensions, technical assistance, repair
bundled service packages at competitive rates. services, and training for the university's IT staff or
end-users.
Additional Benefits: The ZOPA might also
encompass additional benefits beyond the laptops Customization Options: Another aspect of Dell's
themselves. This could range from extended BATNA might involve flexibility in customization.
warranties, free or discounted software licenses, to This could entail tailoring the laptops to specific
expedited delivery timelines. university needs, such as pre-installed software
suites, hardware modifications, or bulk purchasing
options.

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SPIN SELLING APPROACH

• Sales presentations often leverage the SPIN


Selling approach, involving Situation,
Problem, Implication, and Need-Payoff
questions. By understanding clients' current
situations, identifying their problems,
exploring the implications of these issues,
and presenting tailored solutions, we
effectively capture our audience's attention.
SPIN allows us to gain a deep understanding
of customer needs, enabling us to customize
solutions accordingly (Frost, 2021).

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• SITUATIONAL QUESTIONS: Gather information about the customer's current situation,
history, sector, challenges, and goals.

• PROBLEM QUESTIONS: Identify specific difficulties or pain points the customer is


facing to uncover areas where your product or service can provide a solution.

• ISSUE QUESTIONS: Examine the effects or consequences of the identified issues to


emphasize the urgency of resolving them and demonstrate your understanding of
their severity.

• NEED-PAYOFF QUESTIONS: Determine the benefits the customer would gain from
resolving their problems to help them recognize the value of implementing the
suggested solution.

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CUSTOMER-VALUE PROPOSITION
• Your team crafted a compelling
Customer Value Proposition
(CVP) highlighting unique
product/service benefits tailored
to the target audience. It
effectively communicates how
your offering surpasses
competitors in meeting customer
needs and preferences.

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LAER Model

The LAER Model—Listen, Acknowledge, Explore, Respond—was pivotal
in addressing concerns. Our strategy involved actively listening without
interruption, acknowledging expressed issues, asking pertinent
questions to understand the root causes, and responding with relevant
information or solutions. This approach ensured comprehensive
handling of concerns, leading to increased audience satisfaction with
the results.

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CUSTOMER Customers often express concerns about product features,
citing issues like unmet expectations, missing features, or
perceived lack of richness. Such feedback can undermine
CONCERNS the perceived value and utility of the product or service
(Davenport, 2011).

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Listen: We attentively heard the customer's concerns without interruption,
Learning gaining a clear understanding of their issues with specific product features.

Acknowledge: We recognized the importance of the highlighted aspects,


Utilizing the LAER Acknowledge fostering rapport by showing empathy and understanding from the
customer's perspective.

Model to Reduce
Customer Complaints:
Investigate: To delve deeper, we posed probing questions to uncover the root
Investigate causes of their dissatisfaction, exploring expectations, specific needs, and
ideal functionalities.

Respond: Armed with insights, we explained the rationale behind existing


Respond features, highlighting benefits. We also outlined plans for improvements or
alternative options to better align with their needs (Lah).

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CONCLUSION

We employed a persuasive communication style, integrating captivating stories
and emotional appeals to engage both academic and emotional interests.
Emphasizing preparation in negotiations, we utilized BATNA and ZOPA concepts.
Our presentation strategy, rooted in the SPIN Selling methodology, allowed
tailored solutions. A robust Customer-Value Proposition (CVP) addressed audience
needs. The LAER Model handled objections, turning rejections into discussions.
Actively listening, acknowledging, exploring, and responding ensured a deep
understanding of customer concerns. Our goal was strategic interaction,
surpassing mere information exchange, showcasing dedication to clear
communication and customer-focused approaches.

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REFRENCES
Davenport, T. H. (2011, December). Know What Your Customers Want Before
They Do. Retrieved from Harvard Business Review.

Frost, A. (2021, June 9). Spin Selling: The ultimate guide. Retrieved from
HubSpot: https://blog.hubspot.com/sales/spin-selling-the-ultimate-guide

Lah, T. (n.d.). LAER Explained: A New Customer Engagement Model for a New
Business Era. Retrieved from TSIA: https://www.tsia.com/blog/laer-explained-
a-new-customer-engagement-model-for-a-new-business-era

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