creating value with a relationship strategy c h a p t e r 3

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Creating Value WITH A RELATIONSHIP STRATEGY C H A P T E R 3

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Creating Value

WITH A RELATIONSHIP STRATEGY

C H A P T E R 3

Copyright2004 Pearson Education Canada Inc.

3-2

C H A P T E R 3

Learning Objectives

• Explain the importance of developing a relationship strategy

• Define partnering and describe the partnering relationship

• Identify the four key groups with which the salesperson needs to develop relationship strategies

• Discuss how self-image forms the foundation for building long-term selling relationships

Copyright2004 Pearson Education Canada Inc.

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C H A P T E R 3

Learning Objectives (Continued)• Describe the importance of a win-win

relationship• Identify and describe the major non-verbal

factors that shape our sales image• Describe conversational strategies that help

us establish relationships• Explain how to establish a self improvement

plan based on personal development strategies

Copyright2004 Pearson Education Canada Inc.

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C H A P T E R 3

Strategic/Consultative Selling Model

• Project positive, professional image• Practise communication-style flexing• Behave ethically

Develop a Relationship Strategy

Value Personal SellingAdopt Marketing ConceptBecome a Problem Solver/Partner

Develop a Personal Selling Philosophy

PrescriptionStrategic Step

Copyright2004 Pearson Education Canada Inc.

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C H A P T E R 3

Relationship Strategy

A Relationship Strategy is a well thought out plan for establishing, building, and maintaining quality relationships.

Copyright2004 Pearson Education Canada Inc.

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C H A P T E R 3

Developing a Relationship Strategy includes “Emotional Intelligence”

Emotional Intelligence is the capacity for recognizing our own feelings and those of others, for motivating ourselves, and for managing emotions well in ourselves and in our relationships.

Copyright2004 Pearson Education Canada Inc.

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C H A P T E R 3

Partnering in Sales

Partnering

A strategically developed,

high-quality relationship

that focuses on solving the

customer’s buying problem.

Copyright2004 Pearson Education Canada Inc.

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C H A P T E R 3Three Keys to Partnering Relationships – Larry Wilson

The relationship is built on shared values

All parties need to clearly understand the purpose of the partnership and be committed to the vision

The role of the salesperson must move from selling to supporting

Copyright2004 Pearson Education Canada Inc.

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C H A P T E R 3

Key Relationships

Salesperson

Customers

Copyright2004 Pearson Education Canada Inc.

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C H A P T E R 3

Key Relationships

Salesperson

Secondarydecision

makersCustomers

Copyright2004 Pearson Education Canada Inc.

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C H A P T E R 3

Key Relationships

Salesperson

Secondarydecision

makersCustomers

Company support

staff

Copyright2004 Pearson Education Canada Inc.

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C H A P T E R 3

Key Relationships

Salesperson

Secondarydecision

makersCustomers

Company support

staff

Management personnel

Copyright2004 Pearson Education Canada Inc.

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C H A P T E R 3

Enhancing Your Relationship Strategy

• Self-Image and Success

• “Win-Win” Philosophy

• Character and Integrity

• Non-Verbal Strategies

Copyright2004 Pearson Education Canada Inc.

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C H A P T E R 3

Enhancing Your Relationship Strategy – Self-Image

• Self-Image is a set of ideas, attitudes,

and feelings you have about yourself

that influences the way you relate to

others.

Copyright2004 Pearson Education Canada Inc.

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C H A P T E R 3

Improving Your Self-Image

• Focus on the future and stop being overly

concerned with past mistakes and failures

• Develop expertise in selected areas

• Learn to develop a positive mental attitude

Copyright2004 Pearson Education Canada Inc.

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C H A P T E R 3

Enhancing Your Relationship Strategy – “Win-Win”

• “Win-Win” Philosophy is the view that

“if I help you, I win too!”

Copyright2004 Pearson Education Canada Inc.

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C H A P T E R 3

“Win-Lose” versus “Win-Win”

“Win-Lose” People

• See a problem in every solution

• Fix the blame• Let life happen to them• Live in the past• Make promises they

never keep

“Win-Win” People• Help others solve

problems• Fix what caused the

problem• Make life a joyous

happening• Learn from the past, live

in the present, set goals for future

• Make commitments to themselves and others and keep them both

Copyright2004 Pearson Education Canada Inc.

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C H A P T E R 3

Enhancing Your Relationship Strategy – Non-Verbal Strategies

Non-Verbal Strategies include

Body language

Entrance and Carriage

Shaking Hands

Facial Expressions

Appearance

Copyright2004 Pearson Education Canada Inc.

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C H A P T E R 3

The Effect of Body Language on Relationships

Words:(7% of message)

What you hear:(38% of message)Tone of voice

Vocal clarity

Verbal expressiveness

What you see or feel:(55% of message)Facial expression

Dress and grooming

Posture

Eye contact

Touches and Gestures

Copyright2004 Pearson Education Canada Inc.

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C H A P T E R 3

Your Appearance is Important – Guidelines

• Simplicity

• Appropriate

• Quality influences Image

• Visual Integrity

Copyright2004 Pearson Education Canada Inc.

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C H A P T E R 3

Good Manners Help Build Relationships

• Avoid the temptation to

address a new prospect by

their first name

• Avoid offensive comments

or stories

Copyright2004 Pearson Education Canada Inc.

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C H A P T E R 3

Good Manners Help Build Relationships – (Continued)

• Do not express personal views on

politics or religion

• Do not discuss business over lunch

• When using voice mail, leave a clear,

concise message

Copyright2004 Pearson Education Canada Inc.

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C H A P T E R 3

Steps in Relationship Building Strategies

RelationshipBuilding

Set Goals

Copyright2004 Pearson Education Canada Inc.

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C H A P T E R 3

Steps in Relationship Building Strategies

RelationshipBuilding

Practise Visualization

Set Goals

Copyright2004 Pearson Education Canada Inc.

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C H A P T E R 3

Steps in Relationship Building Strategies

RelationshipBuilding

Practise Visualization

Set Goals

Monitor your Self-Talk

Copyright2004 Pearson Education Canada Inc.

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C H A P T E R 3

Steps in Relationship Building Strategies

RelationshipBuilding

Practise Visualization

Set Goals

Monitor your Self-Talk

Recognize your Progress