personal selling pese 212
DESCRIPTION
PERSONAL SELLING PESE 212. LU 8 - 15. Discuss your understanding of the Basic Communications Model. Refer to the Communications Model and discuss briefly. Barriers to Communication. Noise e.g.. Drilling, loud music, shouting Language, French and Greek - PowerPoint PPT PresentationTRANSCRIPT
![Page 1: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/1.jpg)
PERSONAL SELLING PESE 212
LU 8 - 15
![Page 2: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/2.jpg)
Discuss your understanding of the Basic Communications Model
Refer to the Communications Model and discuss briefly.
![Page 3: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/3.jpg)
![Page 4: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/4.jpg)
Barriers to Communication
Noise e.g.. Drilling, loud music, shouting Language, French and Greek Speech Problems e.g. Stammers, Slurring Affectivity of Medium e.g.. SMS or Letter
![Page 5: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/5.jpg)
Non-verbal Communication can enhance your presentations
Body language Facial Expressions Gestures Dress
![Page 6: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/6.jpg)
How can Culture be deemed as a barrier to effective Communication
Respect by means of Eye contact - Zulu Bowing - Japan
![Page 7: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/7.jpg)
5. What types of questions would you ask your prospect if you had completed a Sales Presentation for an industrial vacuum cleaner.
What will the product be used for. How many hours a day would it be used. Technical and Specific Questions. Payment arrangements. Delivery.
![Page 8: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/8.jpg)
6. Language Barriers in South Africa
Isi-Zulu English Afrikaans Xhosa
![Page 9: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/9.jpg)
Learning Unit 9
Prospect Sources
Cellular Phone: Company Database, Internet, Directories, Word-of-mouth.
Gym Membership: Word-of-mouth, referrals, Directories, Internet data bases,
Internet Service Provide: Company database, word-of-mouth, referrals
Wheels and Tyres: Directories, company database, referrals, internet.
![Page 10: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/10.jpg)
2. The profile of a good Prospect
M: The prospect has the Money (budget) to purchase.
A: The prospect has the Authority to purchase.
D: The prospect has the Desire to purchase.
![Page 11: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/11.jpg)
3. Examples of Approach Techniques
Introductory Approach Referral Approach Product or Sample Approach Customer Benefit Approach
Page 87 of Module Guide
![Page 12: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/12.jpg)
Types of Sales Presentations
Financial Software Package: Formal Presentation, Problem Solution Technique.
Toothpaste: Need-satisfaction technique.
Air-conditioners: Formal & Stimulus Response technique.
Under-floor heating: Need satisfying Technique.
A retirement annuity: Stimulus-response technique.
![Page 13: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/13.jpg)
Learning Unit 10 Technical Specifications used for laptop
during a Sales Presentation
![Page 14: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/14.jpg)
2. You have been appointed to sell laptops what information do you think you will need?
Product specifications Warranties Costing Extras
![Page 15: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/15.jpg)
3. Sales technologies available to Salespeople
Internet Blackberry iPhone FAX Telephone Telecom Skype Web Seminar
![Page 16: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/16.jpg)
The Sale Knowledge Process
Find out what knowledge is necessary. Availability, Reliability, & Validity of the Sales
Knowledge. Determine Knowledge Gap. Develop Sales Knowledge. Share Knowledge. Utilise the Knowledge. Evaluate the Knowledge.
![Page 17: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/17.jpg)
Planning the Sales Call
Background research Internet Sources Peer-Review Company records
![Page 18: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/18.jpg)
Learning Unit 11
What is a Sales Presentation: A meeting, appointment or a physical presentation of the product or service. (Adapted: Furtell, 2006: p.240)
Students to refer to page 100
![Page 19: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/19.jpg)
The Purpose of Sales Presentations
To provide knowledge to the prospect – FAB. Allows buyer to develop an attitude for the
product. Generate desire for product. Stimulate Trail purchase. Educate Consumers.
** Student Manual Page 101.
![Page 20: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/20.jpg)
Essential Steps within the presentation
Approach-Build Rapport - AIDA Fully discuss the product Present your marketing plan – How to resell Explain your business proposition – What’s in it for the
Customer “ Simpler, Better, Faster! Suggest purchase order Close – Ask for the Order Exit – Do not give up, Act as a professional!
***Students to refer to page 101 of Module
![Page 21: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/21.jpg)
Sales Presentation Strategies
Salesperson to buyer – Discuss issues with prospect
Sales team to buyer group – Team gets to know Buyer group
Conference Selling – Market Co. Product and services at a conference.
** Students refer to page 102 of Module Manual
![Page 22: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/22.jpg)
Sales Presentation Methods or Ways of selling
Memorised Selling / Structured Formula Presentation method / Semi-
structured Need Satisfaction Approach – Need
Awareness – Need fulfillment Problem-Solving Presentation
***Students to refer to Pages 102-105 for details
![Page 23: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/23.jpg)
Persuasive Techniques during the sales presentation
How to be a better communicator. Ask Questions Keep the message Simple Create mutual Trust Listen Have a positive attitude
![Page 24: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/24.jpg)
Persuasion through the art of suggestion
Suggestive Proposition – “ACT NOW!”
Prestige Suggestions – Celebrities
Auto Suggestion – Consumer Self Image
Direct Suggestion – Suggest prospect to purchase product
Indirect Suggestion – Buyer Influenced by sales presentation
Counter Suggestion – Let customer think why he needs the product. E.g. Education, Health Care.
**Students to refer to Page 106 of Module.
![Page 25: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/25.jpg)
How to make a great presentation
Personalise it. Make it Fun. Build Trust. Be Diplomatic Keep Control over it.
Allowing the prospect to participate in the presentation will make it a winning presentation.
![Page 26: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/26.jpg)
To encourage prospect participation
Ask Questions Allow the Prospect to use the product Do a demonstration Make use of Visual aids.
![Page 27: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/27.jpg)
The Trail Close – an Element of the Sales Presentation
Trail Close? = Technique applied to determine buyer needs.
When? As soon as a strong selling point has been
made. After the presentation. After dealing with an objection. Before Closing the Presentation.
![Page 28: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/28.jpg)
Cont…… Trail Close
Why Trail Close
To determine if the prospect likes FAB. Objection Success Rate. To determine hidden details. Customer readiness to buy.
![Page 29: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/29.jpg)
Presentation Barriers
Interruptions – Repeat strong selling points, invite participation.
Competition – Attempt to avoid subject Follow-up – Evaluate performance.
![Page 30: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/30.jpg)
REVISION EXERCISES P 109
1. Present Visual Aids, Do a demonstration, ask a question, go through research material.
2. Show materials, ask questions.3. A picture says a 1000 words.4. Personalise it, make it fun, encourage part capitation.5. Build customer loyalty, create mutual trust.6. Refer to page 101 – Essential Steps within a presentation.7. Presentation Methods – Memorised selling – formula selling –
need satisfaction – problem-solution.
![Page 31: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/31.jpg)
LU-12 Handling Objections P. 110
Why do prospects object? To avoid the sales person Customer not properly qualified Lack of Technical Knowledge Financial constraints Social influences / Psychological beliefs
DID YOU KNOW:The +ve side to an objection is that the recipient is
concentrating to the sales pitch.
![Page 32: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/32.jpg)
Preparing for Objections
Plan for objections: I cannot afford the product! Well Sir, we offer finance and your first installment
is free.
Anticipate forestall – Through experience you can improve your sales skill. Acknowledge objections: And validate objections with product
specifications or FAB. Handle objections to build mutual trust. Be positive Listen Understand objections and provide solutions Meet the objection Head on.
I think this product is a fake? No sir these are the warranties.
Try this milk? No milk is fattening! Don’t worry its low-fat.
![Page 33: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/33.jpg)
Types of Objections
Hidden objection Stalling objection No-Need Objection Financial Objection Product Objection Company Objection
![Page 34: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/34.jpg)
Objection Handling Techniques
Do not deny, dodge or ignore objections Rephrase objections to understand situation Ask questions Counter balance Objections – reinstate FAB Use product testimonial to re-sell strong points Attitude-Cool calm and collected, don’t get
personally involved.
** Student refer to page 114
![Page 35: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/35.jpg)
Common techniques for handling objections
Direct Denial Indirect Denial Let it Go Compensation
Page: 115
![Page 36: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/36.jpg)
REVISION EXERCISES LU 12
1. To re-iterate the features and benefits things such as quality & after sales service.
2. Explain the need to drill-down into the issues to better understand the situation.
3. Product Objection – Stalling Objections.
4. Financial Objection – Lack of Funds.
![Page 37: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/37.jpg)
Raised Objections during the interview
5.1 Reschedule the meeting and leave.
5.2 State FAB
5.3 Explain that needs to be given more detail
5.4 Talk of quality and after sales service
5.5 Show customer testimonials
5.6 D.I.Y or training video provided
5.7 Agree but remember to follow-up
![Page 38: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/38.jpg)
Closing the Sale - Learning Unit 13
Closing is the process of helping people make a decision that will benefit them.
Reading Buyer Signals
When the prospect asksHow soon can you deliver?Carefully examines product.Fills out an order form
** Students refer to page 119
![Page 39: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/39.jpg)
Difficulties in Closing the Sale
Lack of Confidence Product does not meet customer needs Poor presentation skills Negative publicity Cultural bias
![Page 40: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/40.jpg)
Completing the Sale
Keep the customer involved in the process. Reconfirm benefits Not to look for problems Help customer justify the decision Avoid interruptions
** Students refer to page 120.
![Page 41: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/41.jpg)
Attributes of a Good Closer
A strong desire to close each sale Be Prepared Carefully understand the customer need Ask intelligent questions Earnestly listen to the customer The ability not to stop at the first “no” Ask for the order and remain silent The ability to get the order and move on
![Page 42: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/42.jpg)
Essential Element in Closing
Be sure prospect has an understanding of the situation.
Present the complete story Tailor-make each presentation unique Consider prospect point of view Recognise buyer-signals Attempt Trail-Close Ask for the order Reconfirm Benefits Develop a positive and confident attitude of the Sale.
![Page 43: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/43.jpg)
10 keys to successful Closing
Think Success Plan the Sales Call Confirm prospects needs Give a Great Presentation Use trail closes during and after the presentation Determine prospect real objectives Ask for the order Always be professional
![Page 44: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/44.jpg)
Closing Techniques
Alternative Close: What colour would you prefer? Assumptive Close: Assume customer to buy Complimentary Close: Boost buyer ego with
compliments. Summary-of-benefits Close: Sell Benefits if the
product. Etc.
**Student to refer to page 123.
![Page 45: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/45.jpg)
Closing Mistakes
Talks too much Over-Control Does not show benefits Over sight of prospect needs Weak Closing statements
![Page 46: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/46.jpg)
Tupperware Case Study
1. How soon can you deliver?
Carefully examines product
Completes order form
2. Alternative Close – What colour or size do you prefer sir?
Negotiation Close – Style
![Page 47: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/47.jpg)
Service and Follow-Up LU:14
Why Follow-up: To gain customer loyalty & Confidence.
Steps in the Follow-up:1. Make sure customer has the correct order.2. Thank the customer.3. Maintain high standard of service.
![Page 48: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/48.jpg)
Service that Helps You to Keep Your Customers
Focus on continually improving customer service. Contact new customers often. Handle complaints promptly Do what you say you will do. Show appreciation for customer support Maintain accurate customer records Issue customer satisfaction surveys Make sure YOU provide Excellent Customer Service.
**Refer to page 126.
![Page 49: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/49.jpg)
Way of Showing Appreciation
Send seasonal greeting cards Remember Birthdays Send newsletters Corporate gifting Thank-You E-mails SMS
![Page 50: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/50.jpg)
How to deal with a loss of a Customer
Make personal contact – Understand why the customer was lost.
Maintain professionalism. Show you available in future.
Refrain from criticising – Never bad mouth the customer.
Keep in touch
![Page 51: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/51.jpg)
Guidelines to follow when a customer complaint is Made
Obtain relevant details from customer Express regret about problem Show willingness to help Confirm sale through sales records Handle complaint quickly and positively Follow-up to make sure problem is resolved
![Page 52: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/52.jpg)
Seven deadly sins of Business Selling
1. Lack of sufficient and proper knowledge2. Wasting time3. Poor planning of presentations4. Being over confident5. Lack of dependability and reliability6. To embarrass buyer7. Over-Selling
**Module Manual Page 127
![Page 53: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/53.jpg)
Post-Purchase Dissonance
Expression of doubt as to their purchase decision. Ooo I should have had bought the bigger size.
Ways to change Dissonance into Consonance- Be realistic- Show the buyer how to use the product- Continue to reinforce buyer interest in the product- Ensure customer completely understand the agreements.
**Page 128 Module Manual.
![Page 54: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/54.jpg)
REVISION EXERCISES LU: 14-Pg. 129
1. Size of item, Faulty product, Expired product.
2. To create Customer Loyalty, Builds customer confidence in brand.
3. Referrals, product knowledge
- sustainability
- profitability
- Loyal Customers are Heavy barriers to competition
![Page 55: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/55.jpg)
Revision Exercises LU: 14 Conti….
Corporate Gifting Special Offers Demonstrations
4.2 Seasonal Greeting cards
Remember Birthdays
Loyalty SMS
![Page 56: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/56.jpg)
Sales Management Functions
Function of the Sales Manager:- Planning and profitable sales force- Hire the right people- Provide sales training- Directing average people- Evaluate performance
![Page 57: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/57.jpg)
Advantages and Disadvantages of Compensation Structures
Straight Salary Straight Commission Salary plus commission on all sales Salary + commission over quota
![Page 58: PERSONAL SELLING PESE 212](https://reader033.vdocuments.net/reader033/viewer/2022052312/568146b9550346895db3e83d/html5/thumbnails/58.jpg)
Benefits of Providing Training and Skills development to Sale staff
New techniques uncovered Motivation to sales team Clarify uncertainties Offers competitive edge Enhance team building Communications skills