1. SellingIngram, Laforge, Avila, Schwepker, and WilliamsMultimedia Presentations
Steven J. Remington, Ph.D.
Buena Vista University
August, 2000
2. Module 1 An OverviewofPersonal Selling
3. Evolution of Personal SellingEarly Origins of Personal Selling
Industrial Revolution Era
(1700s Europe; 1850s US)
Post-Industrial Revolution Era
(1800s Europe; 1900 US)
Canned Sales Presentation
The War and Depression Era
Professionalism: The Modern Era
4. Characteristics of Sales ProfessionalismCustomer Orientation
Use of Truthful and Nonmanipulative Tactics
Focus on Long-Term Satisfaction of Customer and Selling Firm
5. Cost/Sales Call$80-$242/ call
6. Contributions of Personal SellingSalespeople and SocietySalespeople as Economic Stimuli
Salespeople and Diffusion of Innovation
7. Contributions of Personal Selling Salespeople and the Employing FirmSalespeople as Revenue Producers
Market Research and Feedback
Salespeople as Future Managers
8. Contributions of Personal Selling Salespeople and the CustomerAre honest
Understand general business and economic trends, as well as the buyer's business
Provide guidance throughout the sales process
Help the buyer to solve problems
Have a pleasant personality and a good professional image
Coordinate all aspects of the product and service to provide a total packageIndustrial buyers prefer to deal with salespeople who:
9. Classification Of Personal Selling JobsSales Support Personnel
Missionary Salespeople
Detailer
Technical Support Salespeople
New Business
Pioneers
Order-gettersExisting Business
Order-takers
Insider Sales (non-retail)
Direct-to-Consumer Sales (retail)
Combination Sales Jobs
11. Boundary-Role Effects Role StressRole Conflict
Role Ambiguity
Role stress must be dealt with to insure maximum sales productivity
12. Qualifications And Skills Required For Success By SalespeopleEmpathy
To see things as others would see them
Ego Drive
Determination to achieve goals
Ego Strength
Self-assured and self-accepting
Interpersonal Communication Skills
Including listening and questioning
Enthusiasm
In general, and for sales as a career
Additional Characteristics Related to a Given Sales Job
13. Managing the Sales Force(1:26)
14. Module 2Understanding Buyers
15. Types of BuyersConsumer Markets
Business Markets
16. Distinguishing Characteristics of Business MarketsBuyers are Larger but Fewer in Number
Derived Demand
Higher Levels of Demand Fluctuation
Purchasing Professionals
Multiple Buying Influences
Close Buyer-Seller Relationships
Supply Chain Management
17. The Buying Process(Figure 2.1)Determination of Item and
Quantity NeededRecognition of the
Problem or NeedInitiating the Relationship
Gathering and Studying
Pre-call Information
Approaching and Initiating
Contact
Assessing the Situation and
Discovering Needs
18. Selection of
an Order RoutineEvaluation of Proposals
And Selection of SuppliersThe Buying Process(Figure 2.1)Acquisition and Analysis
of ProposalsRecognitionInitiating the RelationshipDeveloping the Relationship
Select Presentation
Explain Features
Confirm Benefits
Handle Objections
Earn and Gain CommitmentSearch and Qualification
Of Potential SourcesDescription of Item and
Quantity NeededDetermination
19. The Buying Process(Figure 2.1)Recognition of the
Problem or NeedDeterminationRecognitionInitiating the RelationshipDescriptionSearch and QualificationProposalsSelection of SuppliersOrder RoutineDeveloping the RelationshipEnhancing the Relationship
Follow-up to Assess Customer
Satisfaction
Take Action to Assure Customer
Satisfaction
Encourage Critical Encounters
Expand Collaborative
Involvement
Add Values and Enhance Mutual
Opportunities
20. Phase OneRecognition of the Problem or Need: The Needs Gap(Figure 2.2)Desired State
Produce 1,250 units/dayActual State
Produce 1,000 units/dayThe Gap
Or
Need
250 units/day
21. Complex Mix of Business Buyer Needs(Figure 2.3)Organizational
NeedsIndividual
NeedsFunctionalFunctionalPsychologicalPsychologicalKnowledgeKnowledgeSocialSocialSituationalSituational
22. Phase TwoDetermination of Characteristics of the Item and the Quality Needed Phase ThreeDescription of Characteristics of the Item and the Quality Needed Phase FourSearch for and Qualification of Potential Sources
23. Phase FiveAcquisition and Analysis of ProposalsEvaluating Suppliers and ProductsMulti-Attribute Model
Assessment of Product or Supplier Performance (P)
Assessing the Relative Importance of Each Characteristic (I)
24. Phase Five
Acquisition and Analysis of ProposalsMulti-Attribute Model of Adhesives by
GM Buyers
25. Phase FiveAcquisition and Analysis of ProposalsEmploying Buyer Evaluation Procedures to Enhance Selling StrategiesModify the Product Offering Being Proposed
Alter the Buyer’s Beliefs about the Proposed Offering
Alter the Buyer’s Beliefs about the Competitor’s Offering
Alter the Importance Weights
Call Attention to Neglected Attributes
26. Phase SixEvaluation of Proposals and Selection of SupplierPhase SevenSelection of Order RoutinePhase EightPerformance Evaluation and Feedback
27. Phase EightPerformance Evaluation and FeedbackUnderstanding Post-Purchase Evaluation and the Formation of Satisfaction
28. (Figure 2.4) Complex Mix of Business Buyer NeedsBuyers
Level of
Satisfaction63%
Level of Influence
On Buyers’ Satisfaction37%
Level of Influence
On Buyers’ Satisfaction Psychological Attributes“Delighters” Functional Attributes“Must-Haves”
29. Phase EightPerformance Evaluation and FeedbackUnderstanding Post-Purchase Evaluation and the Formation of Satisfaction
The Growing Importance of Salespeople in Buyer’s Post-Purchase Evaluation
30. Types of Purchasing Decisions Buying SituationStraight Rebuy Buying Situation
Routinized Response Behavior
Modified Rebuy Buying Situation
Limited Problem Solving
New Task Buying Situation
Extensive Problem Solving
31. Types of Purchasing Decisions Three Types of Buying Decisions(Exhibit 2.6)
32. Types of Purchasing Decisions Three Types of Buying Decisions(Exhibit 2.6)
33. Types of Purchasing Decisions Three Types of Buying Decisions(Exhibit 2.6)
34. Types of Purchasing Decisions Three Types of Buying Decisions(Exhibit 2.6)
36. Current Developments in PurchasingIncreasing Use of Information Technology
Relationship Emphasis on Cooperation and Collaboration
Supply Chain Management
Increased Outsourcing
Target Pricing
Increased Importance of Knowledge and Creativity
37. Module 3Building Trust
38. Buyers define trust using terms such as:Openness
Dependability
Candor
Honesty
ConfidenceSecurity
Reliability
Fairness
Predictability
39. What is Trust?Trust answers the questions:
Do you know what you are talking about?
Will you recommend what is best for me?
Are you truthful?
Can you and your company back up your promises?
Will you safeguard confidential information that I share with you?
40. Why is Trust Important?The shift toward relationship selling emphasizes the initiation and nurturing of long-term buyer-seller relationships based on mutual trust and value-added benefits.
41. How to Earn TrustTrust Builders(Figure 3.1)TrustExpertiseDependabilityRepresentationCompetenceCompatibility/
LikeabilityCandorContributionCustomer
Orientation
42. Knowledge Bases Help Build Trust and Relationships(Figure 3.2)IndustryServiceProductCompetitionCompanyPrice/
PromotionTechnologyMarket/
CustomerPossible
Knowledge Bases
43. Sales EthicsImage of SalespeopleTelevision, movies, broadway productions, and the popular press have contributed to a negative image of salespeople portraying them as being associated with deceptive, illegal, and non-customer-oriented behavior.
44. Sales EthicsImage of SalespeopleDeceptive PracticesWhen salespeople give answers when they do not know, exaggerating product benefits, and withholding information may jeopardize future dealings with the buyer.
Salespeople can create product liabilities by:
Expressed Warranty
Misrepresentation
Negligence
45. Sales EthicsImage of SalespeopleIllegal ActivitiesDefraud
Con
Misuse Company Assets
46. Sales EthicsImage of SalespeopleNon-Customer-Oriented BehaviorPushy
Hard Sell
Fast Talking
High Pressure
47. Sales EthicsImage of Salespeople(Exhibit 3.8)Deceptive Practices
Deceptive
Deceive
Hustle
Scam
Exaggerate
Withhold
BluffNon-Customer-Oriented Behavior
Pushy
Hard Sell
Fast Talking
High PressureIllegal Activities
Defraud
Con
Misuse Company Assets
48. Module 4Communication Skills
49. Sales Communication as a Collaborative ProcessRelational Sales Communication
A two-way and naturally collaborative interaction
Allows buyers and sellers to
Develop a better understanding of the need situation
Work together to best provide for the customer’s needs
50. Verbal Communication:Questioning Types of Questions Classified by Amount and Specificity of Information DesiredOpen-end or Nondirective Questions – free response
What happens when…?
How do you feel…?
Describe the…
Closed-end Questions – response limited to a few words.
Are you…
How many…
How often…
Dichotomous/Multiple-Choice Questions – directive forms of questioning
Which do you prefer, the ____ or the ____?
51. Verbal Communication:Questioning Types of Questions Classified by Strategic PurposeProbing Questions – designed to penetrate below generalized or superficial information
Requesting Clarification
“Can you share an example of that with me?”
Encouraging Elaboration
“How are you dealing with that situation now?”
Verifying Information and Responses
“So, if I understand you correctly… Is that right?”
52. Verbal Communication:Questioning Types of Questions Classified by Strategic PurposeProbing Questions
Evaluative Questions – use open- and closed-end question formats to gain confirmation and to uncover attitudes, opinions, and preferences of customer.
“How do you feel about…?”
“Do you se the merits of…?”
“What do you think…?”
53. Verbal Communication:Questioning Types of Questions Classified by Strategic PurposeProbing Questions
Evaluative Questions
Tactical Questions – used to shift or redirect the topic of discussion
“Earlier you mentioned that…”
“Could you tell me more about how that might affect…”
54. Verbal Communication:Questioning Types of Questions Classified by Strategic PurposeProbing Questions
Evaluative Questions
Tactical Questions
Reactive Questions – refer to or directly result from information previously provided by the other party.
“You mentioned that … Can you give me an example of what you mean?”
“That is interesting. Can you tell me how it happened?”
55. Guidelines for Combining Types of Questions for Maximal Effectiveness(Exhibit 4.1)Amount of and Specificity of Information DesiredChoice from
AlternativesDiscussion and
InterpretationConfirmation and
AgreementExplore and Dig
for DetailsGain Confirmation
& Discover
Attitudes/OpinionsChange Topics or
Direct AttentionFollow-Up
Previously Elicited
StatementsAmount of and Specificity of Information DesiredOpen-end Questions
Designed to be
Probing in NatureClosed-end Questions
Designed to be
Probing in NatureDichotomous or
Multiple-choice Questions
Designed to be
Probing in NatureOpen-end Questions
Designed to be
Reactive in NatureClosed-end Questions
Designed to be
Reactive in NatureDichotomous or
Multiple-choice Questions
Designed to be
Reactive in NatureOpen-end Questions
Designed to be
Tactical in NatureClosed-end Questions
Designed to be
Tactical in NatureDichotomous or
Multiple-choice Questions
Designed to be
Tactical in NatureOpen-end Questions
Designed to be
Evaluative in NatureClosed-end Questions
Designed to be
Evaluative in NatureDichotomous or
Multiple-choice Questions
Designed to be
Evaluative in Nature
56. Verbal Communication:Strategic Application of QuestioningGenerate Buyer Involvement
Provoke Thinking
Gather Information
Clarification and Emphasis
Show Interest
Gain Confirmation
Advance the Sale
57. Verbal Communication:SPIN Questioning SystemSituation Questions – solicits general background information and descriptions of the buyer’s existing situation
“Who are your current suppliers?”
“Do you typically purchase or lease?”
“Who is involved in the purchasing decisions?”
58. Verbal Communication:SPIN Questioning SystemSituation Questions
Problem Questions – follow and relate to situation questions probing for specific difficulties, developing problems, and areas of dissatisfaction
“How critical is this component for your production?”
“What kind of problems have you encountered with your current suppliers?”
“What types of reliability problems do you experience with your current system?”
59. Verbal Communication:SPIN Questioning SystemSituation Questions
Problem Questions
Implication Questions – follow and relate to information from the problem questions assisting the buyer in understanding the potential problems of the current problem and the urgency in resolving it
“How does this affect profitability?”
“What impact does the slow response of your current supplier have on the productivity of your operation?”
“How would a faster piece of equipment improve productivity and profits?”
“What happens when the supplier is late with a shipment?”
60. Verbal Communication:SPIN Questioning SystemSituation Questions
Problem Questions
Implication Questions
Need-payoff Questions – used to propose a solution and develop commitment from the buyer, based on the implications of the problem
“Would more frequent deliveries allow you to increase productivity?”
“If we could provide you increased reliability, would you be interested?”
“If we could improve the quality of your purchased components, how would that help you?”
“Would you be interested in increasing productivity by 15 percent?”
61. Funneling Sequence of ADAPT Techniques for Needs Discovery(Figure 4.1)
Broad bases and general facts describing situation
Non-threatening as no interpretation is requested
Open-end questions for maximum informationAssessment Questions
Questions probing information gained in assessment
Seeking to uncover problems or dissatisfactions that
could lead to suggested buyer needs
Open-end questions for maximum informationDiscovery Questions
Show the negative impact of a problem discovered in the
discovery sequence
Designed to activate buyer’s interest in and desire
to solve the problem.Activation Questions
Projects what life would be like without the problems
Buyer establishes the value of finding and
implementing a solutionProjection Questions
Confirms interest in solving the problem
Transitions to presentation of solutionTransition Questions
62. Verbal Communication:Listening(Figure 4.2)Effective
Active
ListeningPay
AttentionMonitor
Non-VerbalsParaphrase
and RepeatMake No
AssumptionsEncourage
Buyer to TalkVisualize
63. Verbal Communication:Using Different Types of ListeningSocial Listening
Serious Listening
Active Listening
Concentration
Cognition
64. Verbal Communication:SIER Hierarchy Active Listening(Figure 4.3)SensingInterpretingEvaluatingResponding
65. Verbal Communication:Giving InformationUnderstanding the Superiority of Pictures over Words
Impact of Grammar and Logical Sequencing
66. Nonverbal CommunicationFacial Expressions
Eye Movements
Placement and Movements of Hands, Arms, Head, and Legs
Body Posture and Orientation
Proxemics
Variation in Voice Characteristics
Speaking Rate and Pause Duration
Pitch or Frequency
Intensity and Loudness
67. Common Nonverbal Clusters(Exhibit 4.8)Cluster NameCluster MeaningBody Posture & OrientationMovement of Hands, Arms, & LegsEyes & Facial ExpressionOpennessOpenness, flexibility and sincerity Moving closer
Leaning forward Open hands
Removing coat
Unbutton collar
Uncrossed arms & legs Slight smile
Good eye contactDefensivenessDefensiveness, skepticism, and apprehension Rigid body Crossed arms & legs Minimal eye contact
Glancing sideways
Pursed lips
Tilted headEvaluationEvaluation and consideration of message Leaning forward Hand on cheek
Stroking chin
Chin in palm of hand Dropping glasses to lower nose
DeceptionDishonesty and secretiveness Patterns of rocking Fidgeting with objects
Increased leg movement Increased eye movement
Frequent gazes elsewhere
Forced smileReadinessDedication or commitment Sitting forward Hands on hips
Legs uncrossed
Feet flat on floor Increased eye contactBoredomLack of interest and impatience Head in palm of hands
Slouching Drumming fingers
Swinging a foot
Brushing & picking at items
Tapping feet Poor eye contact
Glancing at watch
Blank stare
68. Written Communication:Sales ProposalsThe Seven Deadly Mistakes of Proposal WritingNot writing a proposal.
Not fully understanding the customer’s business.
Missing the buyer’s deadline.
Producing a proposal with little “drive-up” appeal.
Not saying anything that really makes a difference.
Using a standardized boilerplate approach.
No one owning the responsibility or having the authority to create quality and effective proposals.
69. Written Communication:Sales Proposals5 Common Parts of a ProposalExecutive Summary
Needs and Benefits Analysis
Company Description
Pricing and Sales Agreement
Suggested Action and Timetable
70. Module 5Self-Leadership and Teamwork Skills
71. Five Sequential Stages of Self-Leadership(Figure 5.1)Setting
Goals &
ObjectiveTerritory
Analysis &
Account
ClassificationDevelopment &
Implementation
Of Strategies &
PlansTapping
Technology
&
AutomationAssessment
&
EvaluationStage 1Stage 2Stage 3Stage 4Stage 5
72. Effective Self-LeadershipStage One: Setting Goals and ObjectivesWhat makes a good goal?
Realistic, yet Challenging
Specific and Quantifiable
Time Specific
Working with different levels and types of goals
Personal Goal
Territory Goal
Account Goal
Sales Call Goal
73. Effective Self-Leadership Stage Two: Territory Analysis and Account ClassificationTerritory Analysis
Who are prospective buyers?
Where are they located?
What and why do they buy?
Who has the authority to buy, who influences the buying decision?
What is the probability of selling this account?
What is the potential share of account that might be gained?
74. Effective Self-Leadership Stage Two: Account Classification
Class of AccountSchema One:
InquisLogic, Inc.Schema Two:
Web Resource Associates, LLCSchema Three:
Federal Metal Products
“A” AccountsAccounts with highest potential (20% of accts; 80% of sales)
Annual # of calls = 24Accounts with highest potential (20% of accts; 80% of sales)
Annual # of calls = 52High volume current customers (20% of accts; 80% of sales)
Annual # of calls = 48
“B” AccountsMedium potential accounts (80% of accts; 20% of sales)
Annual # of calls = 12Accounts with moderate sales potential, but who are regular/reliable customers
Annual # of calls = 24Accounts with high potential, but who are not current customers
Annual # of calls = 12
“C” AccountsAccounts with least sales potential
Annual # of calls = 4Lower sales potential accounts
Annual # of calls = 8Medium potential accounts that are current customers
Annual # of calls = 12
“D” AccountsNone – This schema uses only 3 classes of accountsAccounts that cost more than they produce in sales or profits
Annual # of calls = 0Accounts with medium potential, but who are not current customers
Annual # of calls = 6Exhibit 5.4 – Different Single Factor Account Schema
75. Effective Self-Leadership Stage Two: Account Classification(Exhibit 5.5)Portfolio Model Segments and StrategiesCompetitive PositionSegment 1
Level of Attractiveness
Selling Effort StrategySegment 2
Level of Attractiveness
Selling Effort StrategySegment 4
Level of Attractiveness
Selling Effort StrategySegment 3
Level of Attractiveness
Selling Effort StrategyStrongWeakLowHighAccount Opportunity
76. Effective Self-Leadership Stage Three: Developing and Implementation of Strategies and PlansEstablishing and Implementing Selling Task and Activity Plans
Do them, and do them in writing
Keep it current and flexible
Establishing Territory Route Plans
Straight-Line Route Pattern
Cloverleaf Route Pattern
Circular Route Pattern
Leapfrog Route Pattern
Major-City Route Pattern
77. Effective Self-Leadership Stage Four: Tapping Technology and AutomationComputers
Siebel Systems
Proximity
Internet and World Wide Web
Internet
Intranets and Extranets
Pagers and Cell Phones
Voice Mail
High-Tech Sales Support Offices
78. Effective Self-Leadership Stage Five: Assessment of Performance and Goal Attainment
79. Increasing Customer Value through TeamworkInternal Partnerships and Teams
Sales Partnerships
Marketing Partnerships
Administrative Support Partnerships
Shipping and Transportation Partnerships
Customer Service Partnerships
80. Building Teamwork SkillsUnderstanding the Other Individuals
Attending to the Little Things
Keeping Commitments
Clarifying Expectations
Showing Personal Integrity
Apologizing Sincerely When a Mistake Is Made
81. Relationship of Optimized Solutions, Trust, and Cooperation(Figure 5.7)LowHighMutual CooperationLowHighMutual TrustCompetitive and
Defensive Outcomes
(Win/Lose or
Lose/WinOptimized and
Synergistic Solutions
(Win/Win)Compromise
Solutions
82. Module 6 Personal Selling:Approaches and Process
83. Classification of Personal Selling Approaches Stimulus-Response Selling(Figure 6.1)Salesperson
Provides
StimuliBuyer
Responses
SoughtContinue
Process
until
Purchase
Decision
84. Classification of Personal Selling Approaches Mental-States SellingAttention
Interest
Desire
ActionConviction
85. Classification of Personal Selling Approaches Need-Satisfaction Selling(Figure 6.2)Uncover and
Confirm
Buyer
NeedsPresent
Offering to
Satisfy
Buyer
NeedsContinue
Selling
until
Purchase
Decision
86. Classification of Personal Selling Approaches Problem Solving Selling(Figure 6.3)Define
ProblemGenerate
Alternative
SolutionsContinue
Selling
until
Purchase
DecisionEvaluate
Alternative
Solutions
87. Classification of Personal Selling Approaches Consultative SellingStrategic Orchestrator
Business Consultant
Long-term AllyThe process of helping customers reach their strategic goals by using
the products, service, and expertise of the selling organization.Three Primary Roles:
92. Initiating Customer Relationships Prospecting IssuesWhich method works best?
Cold-call reluctance
Using technology to complete the basic tasks of prospecting
Tele-prospecting
93. Initiating Customer Relationships Pre-call PlanningPreapproach; customer related research
Gathering information about the prospect that will be used to formulate the sales presentation
Sales Presentation Planning; increased importance in recent years
Salesperson must begin with an objective(s)
94. Sales-Presentation Planning Sales Presentation FormatCanned Sales PresentationPros
Logical
Complete
Minimizes sales resistance by anticipating prospect’s objections
Can be used by an inexperienced salespersonCons
Unable to tailor message to the prospect
Does not handle interruptions well
Hard to use with broad product line
May alienate buyers
95. Organizes the key points into a planned sequence that allows for adaptive behavior
Feedback from buyer is encouraged
Con
Requires a salesperson with more product knowledge and selling experienceSales-Presentation Planning Sales Presentation FormatOrganized Sales Presentation
96. Used in competitive bidding situations and when dollar value of sale is large
Pros
Written word is usually accepted as being more credible
Technical information, pricing data, and perhaps a timetable are available for reviewSales-Presentation Planning Sales Presentation FormatSales Proposal
97. Sales Mix Model(Figure 6.5)Presentation
PacePresentation
ScopeDepth of
InquiryUse of
Visual AidsTwo-Way
CommunicationProspect
98. Approaching the CustomerGetting the appointment
Starting the sales call
Establish harmonious atmosphere
Observe rules of common courtesy
Ascertain customer needs
Ask questions and listen
Focus on benefits to the customer
99. Developing Customer RelationshipsSales Presentation Delivery Building Credibility
Personal Behavior
Sales Techniques
Conservative Claims
Third-party Evidence
Testimonials
Guarantees and Warranties
Achieving Clarity
Addressing Customer Concerns
100. Gaining Customer CommitmentAvoid high-pressure sales techniques
Seek commitment if prospect has voiced no concerns
Seek commitment if prospect concerns have been adequately addressed
Avoid “early and often” mentality
Suggest a specific course of action
101. Relationship Enhancement Activities Entering orders
Expediting orders
Installing the product or service
Training customer personnel
Resolving complaints
Correcting billing errors
102. Module 7 Initiating the Relationship
103. The Challenges of Prospecting5% of unplanned cold calls result in a sale…
Roughly 25-30% of preplanned calls produce a sale
104. The Challenges of ProspectingBuyers will not take the time to see a salesperson because:They may have never heard of the salesperson’s firm.
They may have no need; they just bought the product category.
The buyer may have their own deadlines on other issues.
Buyers are constantly getting calls from salespeople and do not have the time to see them all.
Gatekeepers in any organization screen their bosses’ calls and are often curt and even rude.
105. The Challenges of ProspectingStrategic Prospecting(Figure 7.1)Sales LeadQualified ProspectProspectSalespeople must develop leads into prospects -Salesperson must do homework on company…
“Will it be a profitable account?”
“Does the buyer have genuine interest in our offering?”
106. The Challenges of ProspectingLocating ProspectsExternal Sources
Referrals
Introductions
Community Contacts (Centers of Influence)
Organizations
Non-competing Salespeople
Visible Accounts
Internal Sources
Company Records
Lists and Directories
Advertising Inquiries
Telephone Inquiries
Mail Inquiries
Internet or World Wide WebPersonal Contact
Observation
Cold Canvassing
Trade Shows
Bird Dogs (Spotters)
107. The Challenges of ProspectingQualifying ProspectsCan benefit from the sales offering.
Have the financial wherewithal to make the purchase.
Play an important role in the purchase decision process.
Are eligible to buy based on a fit within the selling strategy.
Are reasonably accessible and willing to consider the sales offering.
Can be added to the customer base at an acceptable level of profitabilityAt a minimum, qualified prospects are those who:
108. Obtaining Precall Information on the Buyer(Exhibit 7.4)Information NeededHow to Collect InformationThe prospect’s name and title
Correct spelling and pronunciationCan be gathered by asking the receptionist or secretary or gatekeeper to verify information.Is this prospect willing to take risks?
Are they confident with their decision making?May have to ask the prospectIs the buyer involved in their community?
Do they belong to clubs or professional organizations?Observe club or organizational honors displayed in the office.Does the prospect have hobbies or interests they are proud of?Observation of office.
What is the prospect’s personality type? Easy going? All business?Observation and experience with buyer.
Where did this prospect grow up?
Where were they educated?Look for diplomas. Ask.
109. Gathering Information on the Prospect’s Organization(Exhibit 7.5)Information NeededHow to Collect InformationWhat type of business are we dealing with?Can be gathered from a directory.To what market does the company sell?
Who are its primary competitors?
What does the company make and sell?Annual reports.Who does the prospect presently buy from?
Do they buy from a single vendor? Multiple vendors?
How long have they purchased from their suppliers?
What problems does the company face?
What volume does the company buy?
What is the organization’s financial position?Salesperson may have to ask for this information.
110. Determining Other Buyer’s Influences(2:45)
111. Planning the Initial Sales CallEstablishing Presentation ObjectivesGetting the order is the ultimate objective.
To introduce the salesperson and his/her company.
To obtain personal and business information.
To provide company literature.
To conduct a needs assessment.
To demonstrate a new product offering.
To provide postsale service.
113. Assessing the Situation and Discovering Needs through Questioning SkillsAssessment QuestionsDiscovery QuestionsActivation QuestionsProjection QuestionsTransition QuestionsFigure 4.1 – The Adapt Process
114. Questioning and Listening…the key element of good communication
115. Module 8Developing the Relationship
116. Steps in Developing the RelationshipApproachDetermine NeedsSelect PresentationPresentationHandle ObjectionsEarn CommitmentFollow-Up
117. Steps in Developing the RelationshipApproach
118. Steps in Developing the RelationshipApproach(1:28)
119. Steps in Developing the RelationshipApproachDetermine Needs
120. Selecting Appropriate Customer Offerings by Assessing NeedsNeeds result from the a discrepancy between an actual and desired state of being.
Needs may be classified as:
Unrecognized – customer is unaware or has dismissed as trivial
Potential – customer statements of general problems, difficulties, and dissatisfactions
Confirmed – customer states that they are ready to take action
The emphasis is on determining customer needs and then creating or selecting customer-fitted solutions to satisfy those needs.
121. Selecting Appropriate Customer Offerings by Assessing MotivesFunctional Motives
Driven by price, quality, and service a salesperson can supply
Psychological Motives
A buyer’s habits, emotional stress, and confidence
122. Selecting Appropriate Customer Offerings by Assessing Competitive SituationUnderstanding a competitor’s strengths/weaknesses allows the salesperson to put the best solution forward.
123. Steps in Developing the RelationshipDetermine Needs(1:28)
124. Steps in Developing the RelationshipApproachDetermine NeedsSelect Presentation
125. Types of Sales PresentationsCanned Presentations
Organized Presentations
126. The Trust-based Selling Process:A Needs-Satisfaction Consultative Model(Figure 8.3)Information
GatheringApproachPresentationHandling
ResistanceEarn
CommitmentFollow-up100%Relative Participation RateNeed DevelopmentNeed AwarenessNeed FulfillmentADAPTAssessmentDiscoveryActivationProjectionTransitionSelect FeatureExplain AdvantageLead to BenefitsLet Customer TalkSELL% Time
“The Salesperson”
Talks/Participates% Time
“The Customer”
Talks/Participates
127. Types of Sales PresentationsCanned Presentations
Organized Presentations
Sales Proposals
128. Steps in Developing the RelationshipApproachDetermine NeedsSelect PresentationPresentation
129. Sequence of the Sales Presentation ConclusionFollowing an introduction, questions, careful listening, and confirmation statements should be used to assess the customer’s needs
Benefits should be presented in order of customer’s needs, should be repeated during the presentation and at the end of the presentation
Continuation of prior sales calls should start with a summary of earlier calls
Pricing issues should not be focused on until the customer’s needs have been defined and addressedA few general rules:
130. Using Visual Aids to Customize and Dramatize the PresentationCharts and Graphs
Photographs and Advertisements
Catalogs and Brochures
Electronic Media
Computer-based Presentation
Videos
Slides
Overhead Transparencies
Sales Portfolios
131. Concluding the Customized PresentationLinking Solutions to NeedFeaturesPotential BenefitsConfirmed Benefits/UnconfirmedNatural surface cohesiveness
of ultramid, a high tech plastic
golf clubBetter launch angleGolf Pro doe not see this as true benefit-not comfirmed
Golf Pro has easy time selling longer distance-confirmed benefitBell shaped nozzle on vacuum cleanerOptimum air flow improves cleaning ability.Hard for most consumer’s to understand how bell shape improves cleaning-not confirmedDaily delivery of Frito-Lay potato chipsRetailer can reduce inventory costs
Product freshness leads to customer satisfactionNot a serious issue for this retailer-not confirmed
Store manager puts huge emphasis on product freshness-confirmed benefitTechnical Support personnel for a computer systemAssistance in installation, maintenance, and expansionSupport is needed-confirmed benefit
132. Steps in Developing the RelationshipApproachDetermine NeedsSelect PresentationPresentationHandle Objections
133. Anticipating and Negotiating Concerns and ResistanceReasons Why Prospects Raise ObjectionsThe prospect wants to avoid the sales interview.
The salesperson has failed to prospect and qualify properly.
Objecting is a matter of custom.
The prospect resists change.
The prospect fails to recognize a need.
Prospect lacks information.
134. Anticipating and Negotiating Concerns and Resistance Types of ObjectivesForestalling
Price is Too High
Product Objection
Company Objection
No Need
135. Anticipating and Negotiating Concerns and ResistanceListen
Acknowledge
Assess
Respond
Confirm
136. Steps in Developing the RelationshipHandle Objections5:36
137. Steps in Developing the RelationshipApproachDetermine NeedsSelect PresentationPresentationHandle ObjectionsEarn Commitment
138. Securing Commitment and ClosingGuidelines for Earning Commitment“Green Light” statements include:
I like that size.
That will get the job done.
The price is lower than I thought it would be.
I didn’t realize you delivered every day.
Trial Commitments
An effort to elicit how far along the prospect is in his/her decision making.
“Red Light” statements include:
I’m not sure that will work.
The price is higher than I thought it would be.
Your delivery schedule does not work for us.
I don’t see the advantage of going with your proposal.
Closing early and often and having a closing quota for each sales call are not liked by buyers.
139. Securing Commitment and ClosingTechniques to Earn CommitmentAsk for the Order/Direct Commitment
Legitimate Choice/Alternative Choice
Summary Close/Summary Commitment
T-Account or Balance Sheet Commitment
Success Story Commitment
140. Steps in Developing the Relationship6:15Earn Commitment
141. Sales Presentation Checklist(Exhibit 8.10)Prospect Information
Key Person Information
Other Influences on the Purchase Decision
Needs and/or Opportunity Analysis
Statement of prospect’s problem and/or opportunity as related to sales offering
Brief description of product or service that will meet the prospect’s problem/opportunity
Prospect’s Buying MotivesCompetitive Situation
Sales Presentation Objectives
Sales Presentation Planning
Specific Features/Benefits
Information to Support Claims
Reinforcing Verbal Content
First Few Minutes
The ADAPT Method
Questions and Objections
Prospect Commitment
Follow-up Action
142. Steps in Developing the RelationshipApproachDetermine NeedsSelect PresentationPresentationHandle ObjectionsEarn CommitmentFollow-Up
143. Even the Best Planned Calls May Not Result in a Sale4:09
144. Module 9Expanding Customer Relationships
145. Relationship(Exhibit 9.1)EnhancersDetractorsFocus on Long-Term
Deliver more than Promised
Call Regularly
Add Value
Keep Communications Lines Open
Take Responsibility for ProblemsFocus on Short-Term
Over Promise-Underdeliver
Call Sporadically
Show Up for Another Order
Can Never Reach Salesperson
Lie, Exaggerate, Blame Someone Else
146. Harness Technology to Enhance Follow-up and Buyer-Seller Relationships3. Know2. Connect4. Relate1. InterestThe Four
Sequential
Components of
Effective Follow-up
147. Relationship EnhancementTaking Action to Assure Customer Satisfaction (Exhibit 9.2) Preferably before they happen
Ask customer how s/he wants
complaint resolvedResolve Complaints Set up a regular call schedule
Let customer know you’ll be backContinue to Call on the Customers Regularly Go Over All Orders
Correct problem before customer
recognizes itCorrect Billing Errors Train even when contract does not
call for itTrain Customer Personnel Track Orders Status
Informs on Delays
Help with InstallationExpedite Orders/Monitoring Installation Relevant
Timely
High QualityProvide Useful InformationSalesperson ResponsibilityPartnership Enhancement Activities
148. A Procedure to Handle ComplaintsBuild the relationship to the point you customers are comfortable complaining
Listen carefully and get the whole story
Ask the customer what s/he would like you to do
Gain agreement on a solution
Take action; educate the customer
Follow through on all promises—add value
149. Providing Quality Customer Service“Service is advertised…
Service is talked about…
But the only time service really counts…
Is when it is delivered…
And We promise your experience with us will be outstanding.”A sign in a small-town business reads,
150. Customer ExpectationsWarmth and Friendliness
Reliability
Helpfulness/Assistance
Speed or Promptness
Assurance
Follow-through
Empathy
Resolution of Complaints, Mistakes, or Defects
Tangibles
151. Checklist for Developing a Service StrategyWhat is our business?
Who are our customers?
What do our customers want and what is important to them?
How are our customers’ needs and perceptions changing?
How are social, economic, and political factors affecting current and future customer needs and our ability to respond to them? How are competitors responding to these factors?
How do the customers rate us in terms of their expectations?
What are we best known for?
What do we do best?
What can we do better?
How can we position ourselves in the market to differentiate our services?
152. Customer Service DimensionsCommunication, communication, communication…
Resilience…the salesperson’s ability to keep going, even when times are tough
Salesperson’s motivation to service his/her customers