personal selling marketing presentation by group a10

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Personal selling Marketing Presentation by Group A10

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Page 1: Personal selling Marketing Presentation by Group A10

Personal selling

Marketing Presentation by Group A10

Page 2: Personal selling Marketing Presentation by Group A10

Marketing Presentation by Group A10

Really??

Page 3: Personal selling Marketing Presentation by Group A10

Introduction

Bridging The Gap

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion

Q&A

Bridging The Gap

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion

Q&A

Personal Selling’s Role

Introduction The Marketing Mix:• Product• Price• Place• Promotion

The Promotion Mix:• Advertising• Public Relations• Sales Promotion• Personal Selling

Page 4: Personal selling Marketing Presentation by Group A10

Introduction

Bridging The Gap

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion

Q&A

Introduction

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion

Q&A

What is the gap?

Bridging the Gap

What the customer perceives is…

What the firmperceives is…

Page 5: Personal selling Marketing Presentation by Group A10

Introduction

Bridging The Gap

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion

Q&A

Introduction

Bridging The Gap

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion

Q&A

Bridging the Gaps

Bridging The Gap

Knowledge GapStandard GapDelivery GapCommunication GapService Gap

We don’t guarantee your job

RSM will help me find a job

Page 6: Personal selling Marketing Presentation by Group A10

Introduction

Bridging The Gap

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion

Q&A

What is Personal Selling

Personal Selling Personal selling is personally communicating information in order to drive an individual or group to buy something—a good, service, or idea—that satisfies that individual or group’s needs or wants.

Page 7: Personal selling Marketing Presentation by Group A10

Introduction

Bridging The Gap

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion

Q&A

Are you “selling” what customers are“buying”?

Personal SellingProducts “also” include:• Information• Services• Ideas• Issues

What’s the product of your product’s product?• Product: cosmetics• Product of product: beauty• Product of product’s product: romance

Page 8: Personal selling Marketing Presentation by Group A10

Introduction

Bridging The Gap

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion

Q&A

PUSH SALES

Short term thinkingShort term thinkingShort term thinkingShort term thinking

Making the sale has priority over most other Making the sale has priority over most other considerationsconsiderations

Making the sale has priority over most other Making the sale has priority over most other considerationsconsiderations

Salesperson is self-interest orientedSalesperson is self-interest orientedSalesperson is self-interest orientedSalesperson is self-interest oriented

Interaction between buyer and seller is competitiveInteraction between buyer and seller is competitiveInteraction between buyer and seller is competitiveInteraction between buyer and seller is competitive

Page 9: Personal selling Marketing Presentation by Group A10

Introduction

Bridging The Gap

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion

Q&A

Introduction

Bridging The Gap

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion

Q&A

Push Selling: Tiger Beer in Singapore

- Push Selling

Push and peddle products

Page 10: Personal selling Marketing Presentation by Group A10

Introduction

Bridging The Gap

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion

Q&A

“Sir/madam, don’t you want to try some Tiger Beer? “ She comes to Tom with a smile.

How can he refuse?

Pushy Tiger Beer Girl

- Push Selling

Page 11: Personal selling Marketing Presentation by Group A10

Introduction

Bridging The Gap

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion

Q&A

Mind the GAP!

Q: What makes the gap bigger?

A: When you press wrong persons

at the wrong time and at wrong

places

Q: What makes the gap smaller?

A: When you know that the press will not perceived as press but rather as an interesting interruption. Time needed

Page 12: Personal selling Marketing Presentation by Group A10

Introduction

Bridging The Gap

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion

Q&A

Ingram Micro distributor • Liaison person• Takes personal care of

the customer

-Liaison

Liaison Selling : Ingram Micro Case

The IT Marketplace

Page 13: Personal selling Marketing Presentation by Group A10

Introduction

Bridging The Gap

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion

Q&A

Mind the GAP!

Q: What makes the gap bigger?

A: When hidden cost like maintenance or

multiple license fees are not explained

clearly

Q: What makes the gap smaller?

A: When the sales know what the customer

want in their IT system

-Liaison

Page 14: Personal selling Marketing Presentation by Group A10

Introduction

Bridging The Gap

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion

Q&A

Consultative Selling

Customer is served, not soldCustomer is served, not sold

Two-way CommunicationTwo-way Communication

Inform and negotiate, don’t manipulateInform and negotiate, don’t manipulate

Provide service after the sale

Page 15: Personal selling Marketing Presentation by Group A10

Introduction

Bridging The Gap

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion

Q&A

CONSULTITIVE SELLING-MAC WAY

Page 16: Personal selling Marketing Presentation by Group A10

Introduction

Bridging The Gap

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion

Q&A

CONSULTITIVE SELLING-MAC WAY

• Exclusive MAC stores• Salesperson: Make-Up

Artists• Professional, artistic

treatment-Consultative Selling

Page 17: Personal selling Marketing Presentation by Group A10

Introduction

Bridging The Gap

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion

Q&A

Mind the GAP!Q: What makes the gap bigger?A: When you use low skilled

consultants

Q: What makes the gap smaller?A: When you know that personal

consulting is what the customer expects and ends in a relationship. Complex products, Complex people, Lack of Information

Salesperson motoYou can achieve most of the things in life that you want if you help other people achieve what they want.

Salesperson motoYou can achieve most of the things in life that you want if you help other people achieve what they want.

Page 18: Personal selling Marketing Presentation by Group A10

Introduction

Bridging The Gap

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion

Q&A

Introduction

Bridging Gaps

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion

Q&A

Strategic Selling: Apparel Company

- Strategic Selling

Clothing Shop nearEuwha Women’s University

Apparel company for young women

Page 19: Personal selling Marketing Presentation by Group A10

Introduction

Bridging The Gap

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion

Q&A

Strategic Selling Concept

-Strategic Selling

“20% customers make 80% revenues” “20% customers make 80% revenues”

Key Account Customers Key Account Customers

Univ. Student set the Fashion Univ. Student set the Fashion

Shinwon treated Shops near the Univ. as Strategic “Key Accounts”

Page 20: Personal selling Marketing Presentation by Group A10

Introduction

Bridging The Gap

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion

Q&A

Introduction

Bridging Gaps

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion

Q&A

Partnering: Korea Postbank in 1998

- Partnering

Government OwnedGovernment Owned

IT In-housing IT In-housing

Low Service LevelLow Service Level

IT Budget IncreaseIT Budget Increase

3rd largest SI in Korea 3rd largest SI in Korea

Expertise in Banking ITExpertise in Banking IT

Highly Competitive marketHighly Competitive market

Unstable RevenueUnstable Revenue

IT OutsourcingIT Outsourcing

Page 21: Personal selling Marketing Presentation by Group A10

Introduction

Bridging The Gap

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion

Q&A

Partnership Selling Concept

- Partnering

Understand Customer Needs Understand Customer Needs

Build Long-term Relationship Build Long-term Relationship

Continuously Add Value to Customer Continuously Add Value to Customer

Strategic Alliances“Your problem is my problem”

Strategic Alliances“Your problem is my problem”

Page 22: Personal selling Marketing Presentation by Group A10

Introduction

Bridging The Gap

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion

Q&A

Personal selling dimension(1): Customer perception

Sales representativ

e

Assistant business manager

Key account manager

Head of business

development

Bloody Sales !

Low customer perception high

Tom Wang’s career pathTom Wang’s career path

Push sales

Liaison

Consultative

Strategic

partnering

Page 23: Personal selling Marketing Presentation by Group A10

Introduction

Bridging The Gap

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion

Q&A

Personal selling dimension(2): Product & Service

Complexity

Push sales

Liaison

Consultative

Strategic

partnering

Complexity of Product & Service

HighLow

Page 24: Personal selling Marketing Presentation by Group A10

Introduction

Bridging The Gap

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion

Q&A

Personal selling dimension(3): Level of Information

LowLevel of

Information High

partnering

Strategic

Consultative

Liaison

Push sales

Page 25: Personal selling Marketing Presentation by Group A10

Introduction

Bridging The Gap

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion

Q&A

Personal selling dimension(4): Culture

Western Culture Eastern

Push sales

Liaison

Consultative

Strategic

partnering‘Suppliers

‘Suppliers

partnering

Page 26: Personal selling Marketing Presentation by Group A10

Introduction

Bridging The Gap

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion

Q&A

Introduction

Bridging The Gap

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion

Q&A

Bridging the Knowledge Gap

Conclusion

Consumer Perceptions & Expectations

Company Perceptions & Expectations

(POSITION of products & services)

GAP

Page 27: Personal selling Marketing Presentation by Group A10

Introduction

Bridging The Gap

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion

Q&A

Customer Evaluates you ….

The secret of good selling is simple:

1. Listen to your customer. 2. Little things are what it’s all about.3. The perception of the customer is as important as the reality.

Based Upon TheirPerceptions & Expectations

Conclusion

Customer Company

Sales

Page 28: Personal selling Marketing Presentation by Group A10

Introduction

Bridging The Gap

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion

Q&A

Personal Selling

Q&A

Introduction

Bridging The Gap

Personal Selling

-Push Selling

-Liaison

-Consultative Selling

-Strategic Selling

-Partnering

Conclusion