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Chapter Fifteen Chapter Fifteen Personal Selling, Sales Personal Selling, Sales Management, and Management, and Sales Promotion Sales Promotion

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Page 1: Document15

Chapter FifteenChapter Fifteen

Personal Selling, Sales Personal Selling, Sales Management, andManagement, and

Sales PromotionSales Promotion

Page 2: Document15

ObjectivesObjectivesObjectivesObjectives

Describe roles of selling and relationship management

Identify when to use personal sellingUnderstand contributions of a salespersonOutline the steps involved in making a saleUnderstand ongoing nature of selling &

marketingDescribe major aspects of sales manager’s jobClassify various forms of sales compensation Identify ethical issues facing sales personnelOverview sales promotion

Describe roles of selling and relationship management

Identify when to use personal sellingUnderstand contributions of a salespersonOutline the steps involved in making a saleUnderstand ongoing nature of selling &

marketingDescribe major aspects of sales manager’s jobClassify various forms of sales compensation Identify ethical issues facing sales personnelOverview sales promotion

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Methods of Personal Methods of Personal SellingSelling

Methods of Personal Methods of Personal SellingSelling

Telemarketing

Inside selling

Retail selling

Field selling

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Characteristics of Characteristics of Personal SellingPersonal Selling

FlexibilityAdapt to situationsEngage in dialogIdentify best

prospects

Builds RelationshipsLong termAssure buyers

receive appropriate services

Solves customer’s problems

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Personal Selling Personal Selling Limitations Limitations

Can not reach mass audience

Expensive per contact

Numerous calls needed to generate sale

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Personal Selling TasksPersonal Selling Tasks

Order taking Routine

writing up orderschecking invoicesassuring prompt order

processing

Suggestive selling

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Personal Selling TasksPersonal Selling Tasks

Order gettingSeeking out

customersAnalyze customer

problemsMatch firm’s solutions

w/ customer problemArouse customer

interestSell

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Personal Selling TasksPersonal Selling Tasks

MissionaryDetailerGoodwill“Closers”

Cross-functionalAccount service

team

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The Creative Selling The Creative Selling ProcessProcess

LOCATING QUALIFIED PROSPECTS

PREAPPROACH PLANNING

CLOSING

HANDLING OBJECTIONS

MAKING THE PRESENTATION

APPROACHING THE PROSPECT

FOLLOWING UP

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Creative Selling ProcessCreative Selling ProcessCreative Selling ProcessCreative Selling Process

Locating Qualified Prospects

Prospecting: Identifying likely new customersLeads

Qualifying: Evaluating a prospect’s potential

Locating Qualified Prospects

Prospecting: Identifying likely new customersLeads

Qualifying: Evaluating a prospect’s potential

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Creative Selling ProcessCreative Selling ProcessCreative Selling ProcessCreative Selling Process

Preapproach PlanningUnderstand situation

PeopleRolesNeeds

Preapproach PlanningUnderstand situation

PeopleRolesNeeds

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Creative Selling ProcessCreative Selling ProcessCreative Selling ProcessCreative Selling Process

Approaching the Prospect

ContactRapport“Only one chance to

make a first impression”

Approaching the Prospect

ContactRapport“Only one chance to

make a first impression”

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Creative Selling ProcessCreative Selling ProcessCreative Selling ProcessCreative Selling Process

Sales PresentationPersuasive

communicationAttentionInterestDesire“Tell the product’s story”

Sales PresentationPersuasive

communicationAttentionInterestDesire“Tell the product’s story”

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Handling ObjectionsQuestionsReservations

Understand ConcernCounterargumentsAcknowledge concernClues to process

Handling ObjectionsQuestionsReservations

Understand ConcernCounterargumentsAcknowledge concernClues to process

Creative Selling ProcessCreative Selling ProcessCreative Selling ProcessCreative Selling Process

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Creative Selling ProcessCreative Selling ProcessCreative Selling ProcessCreative Selling Process

Closing the SaleClosing signalsTrial closeAsk for the

sale

Closing the SaleClosing signalsTrial closeAsk for the

sale

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Creative Selling ProcessCreative Selling ProcessCreative Selling ProcessCreative Selling Process

Following UpCommitments met

ShipmentPerformance

Reinforce relationshipSatisfied customers

rebuy & recommend

Following UpCommitments met

ShipmentPerformance

Reinforce relationshipSatisfied customers

rebuy & recommend

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Sales ManagementSales ManagementSales ManagementSales Management

PlanningPlanning OrganizingOrganizing

DirectingDirectingControllingControlling

Settingobjectives

Organizingactivities

Recruit, select, train, develop, manage, &motivate

Motivate,evaluate, & control

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Organizing Sales Organizing Sales ActivitiesActivities

Organizing Sales Organizing Sales ActivitiesActivities

Sales Territory:Geographic divisionsCustomer typesProduct lines

Sales Territory:Geographic divisionsCustomer typesProduct lines

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Geographic DivisionGeographic DivisionGeographic DivisionGeographic Division

Sales RepCalifornia

Sales RepPacific NW

Sales RepSoutheast

Sales RepNortheast

District SalesManager

District SalesManager

District SalesManager

District SalesManager

Regional SalesManager

Regional SalesManager

Vice-PresidentMarketing

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Customer TypeCustomer TypeCustomer TypeCustomer Type

New Account#1

New Account#2

ExistingAccount #1

ExistingAccount #2

New AccountsManager

Existing AccountsManager

Vice-PresidentSales

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Product LineProduct LineProduct LineProduct Line

Sales RepEastern Region

Sales RepWest’n Region

Sales repEastern Region

Sales RepWest’n Region

Snack FoodsSales Manager

BeveragesSales Manager

Vice-PresidentSales

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Directing the Sales Directing the Sales ForceForce

Recruiting and selectingTrainingCompensatingMotivating

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Compensation MethodsCompensation MethodsCompensation MethodsCompensation Methods

Straight Straight salary orsalary or

wagewage

Straight Straight salary orsalary or

wagewage

Salary plusSalary pluscommissioncommission

Salary plusSalary pluscommissioncommission

StraightStraightcommissioncommission

StraightStraightcommissioncommission

Quota-bonusQuota-bonusplanplan

Quota-bonusQuota-bonusplanplan

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Evaluation and ControlEvaluation and Control

Measurement against objectives

Mutual standardsActivity logs

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Ethical IssuesEthical Issues

HonestyAccurate informationMisrepresentationNo bribes or giftsNo conspiracy

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Sales PromotionSales Promotion

Objective: Bolster/complement other promotional mix elements during a specific time period

Targeted toward:Sales forceWholesalers and retailersConsumers

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Trade PromotionsTrade Promotions

Objective:Motivate for special effortsIncrease number of distributors

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Major Forms of Trade Major Forms of Trade PromotionPromotion

Trade showsContestsDisplay equipment and P-O-P materialsCooperative advertising & promotionsAllowances

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Consumer PromotionConsumer Promotion

Rebates

Contest & sweepstakes

Product sampling

Coupons

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Consumer PromotionConsumer Promotion

Multiple purchase offers

P-O-P material

Product placements/tie-ins

Premiums

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ReviewReviewReviewReview

Describe roles of selling and relationship management

Identify when to use personal sellingUnderstand contributions of a salespersonOutline the steps involved in making a saleUnderstand ongoing nature of selling &

marketingDescribe major aspects of sales manager’s jobClassify various forms of sales compensation Identify ethical issues facing sales personnelOverview sales promotion

Describe roles of selling and relationship management

Identify when to use personal sellingUnderstand contributions of a salespersonOutline the steps involved in making a saleUnderstand ongoing nature of selling &

marketingDescribe major aspects of sales manager’s jobClassify various forms of sales compensation Identify ethical issues facing sales personnelOverview sales promotion