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Professional Sales An Introduction.

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Presentation on theme: "Professional Sales An Introduction."— Presentation transcript:

1 Professional Sales An Introduction

2 Traditional Marketing Mix
Product Price Promotion Distribution Advertising Personal Selling Sales Promotions Direct Marketing Public Relations

3 Individual Introductions
Name Where you are from Something that will make me remember you,… Professional Sales/Selling to me is,……

4 The Sales Process: An Overview
Selling Foundations Selling Strategy Initiating Customer Relationships Developing Customer Relationships Enhancing Customer Relationships

5 Word Association,….. Provide both positive and negative words and impressions of the term “salesperson”

6 Why are there these perceptions?

7 Selling,….. Selling has been around since there were goods to trade.
The role of the salesperson has evolved becoming more professional and structured. Salespeople play an important role in creating and maintaining a strong economy. Salespeople are solution providers (Advisors). Sales is a process focusing on initiating, developing, and enhancing customer relationships.

8 What is Professional Selling?
Professional selling is the interpersonal communication process in which a seller uncovers and satisfies the needs and wants of a prospect to the mutual, long-term benefit of both parties

9 Evolution of Personal Selling
Peddlers selling door to door served as intermediaries Selling function became more structured As we begin the 21st century, selling continues to develop, becoming more professional and more relational Industrial Revolution Post-Industrial Revolution War and Depression Modern Era 1800s 1900s 2000s Business organizations employed salespeople Selling function became more professional

10 Effective Selling in a Highly Competitive Selling Environment
Salespeople must do their homework and prepare before meeting with prospects Study the market Study the prospects’ needs Put the customer first Engage in continuous learning and professional development

11 Contributions of Personal Selling: Salespeople and Society
Salespeople help stimulate the economy Salespeople help with the diffusion of innovation

12 Contributions of Personal Selling: Salespeople and the Employing Firm
Salespeople generate revenue Salespeople provide market research and customer feedback Salespeople become future leaders in the organization

13 Contributions of Personal Selling: Salespeople and the Customer
Salespeople provide solutions to problems Salespeople provide expertise and serve as information resources Salespeople serve as advocates for the customer when dealing with the selling organization

14 Understanding the Customer
To motivate the prospect to buy or consider a product or service salespeople must: Understand how their prospect’s mind works (a customer behaviour approach) Be able to uncover the prospect’s hidden needs or wants

15 Let’s Discuss. What would you do
Let’s Discuss! What would you do? Ethical Dilemma - Page 14 of your text

16 Transaction-Focused vs. Relationship Focused
Long term thinking Developing the relationship takes priority over getting the sale Interaction between buyer and seller is collaborative. Salesperson is customer-oriented Short term thinking Making the sale has priority over most other considerations Interaction between buyer and seller is competitive Salesperson is self-interest oriented

17 Building Relationships
Satisfied customers repeat their purchases because they are satisfied with the value of the relationship Taking care of existing customers reduces sales cycle time and increases efficiency. What does this mean?

18 Foundations of Relationships in Marketing and Sales
Trust Commitment Perceived value Perceived quality of service and interactions Customer satisfaction - exceeding/meeting customer expectations Long time horizon

19 The Sales Process: An Overview
Selling Foundations Selling Strategy Initiating Customer Relationships Developing Customer Relationships Enhancing Customer Relationships

20 Enhancing Customer Relationships
The Sales Process Initiating Customer Relationships Developing Customer Relationships Enhancing Customer Relationships Prospecting Preapproach Presentation Planning Approaching the Customer

21 Enhancing Customer Relationships
The Sales Process Initiating Customer Relationships Developing Customer Relationships Enhancing Customer Relationships Sales Presentation Delivery Earning Customer Commitment

22 Enhancing Customer Relationships
The Sales Process Initiating Customer Relationships Developing Customer Relationships Enhancing Customer Relationships Adding Value through Follow-up, Self-leadership, and Teamwork


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