personal selling sales promotion 2

Upload: nicolette-jane-timoteo

Post on 02-Apr-2018

226 views

Category:

Documents


0 download

TRANSCRIPT

  • 7/27/2019 Personal Selling Sales Promotion 2

    1/45

    - the process of a sellers person-to-person promotional presentation to a

    buyer

    Personal Selling

    Nicolette

  • 7/27/2019 Personal Selling Sales Promotion 2

    2/45

    Salespeople must communicate the advantages of their firms

    goods and services over those of competitors. They must be able to do

    the following:

    1. Focus on a customers situation and needs and create solutions that

    meet those needs.

    2. Follow through and stay in touch before, during, and after a sale.

    3. Know the industry and have a firm grasp, not only of their own

    firms capabilities but also of their competitors abilities.

    4. Work hard to exceed their customers expectations, even if it means

    going above and beyond the call of duty.

    Nicolette

  • 7/27/2019 Personal Selling Sales Promotion 2

    3/45

    Over-the-Counter Selling Field Selling Telemarketing

    Inside Selling

    The Four Sales Channels

    Nicolette

  • 7/27/2019 Personal Selling Sales Promotion 2

    4/45

    - Personal selling conducted in retail and somewholesale locations in which customers come to thesellers place of business.

    Over-the-Counter Selling

    Nicolette

  • 7/27/2019 Personal Selling Sales Promotion 2

    5/45

    -Sales presentations made at prospectivecustomers location on a face-to-face basis.-Network Marketing

    Field Selling

    Nicolette

  • 7/27/2019 Personal Selling Sales Promotion 2

    6/45

    - Promotional presentation involving the use oftelephone on an outbound basis by salespeople oron an inbound basis by customers who initiate callsto obtain information and place orders.

    Telemarketing

    Nicolette

  • 7/27/2019 Personal Selling Sales Promotion 2

    7/45

    Outbound Telemarketing Sales method in which sales personnel place

    phone calls to prospects and try to include the saleover the phone

    Predictive Dialers Autodialing Random-digit dialing

    Telemarketing

    Nicolette

    Inbound Telemarketing

    Sales method in which prospects call a seller toobtain information, make reservations, andpurchase goods and services.

  • 7/27/2019 Personal Selling Sales Promotion 2

    8/45

    - Selling by phone, mail and electronic commerce.

    - Provides customer service

    Inside Selling

    Nicolette

  • 7/27/2019 Personal Selling Sales Promotion 2

    9/45

    In todays complex marketingenvironment, effective personal sellingrequires different strategies from thoseused by salespeople in the past.

    Trends in PersonalSelling

    Nicolette

  • 7/27/2019 Personal Selling Sales Promotion 2

    10/45

    - Regular contacts between sales representativesand customers over an extended period toestablish a sustained buyer-seller relationship.

    Relationship Selling

    Nicolette

  • 7/27/2019 Personal Selling Sales Promotion 2

    11/45

    - Meeting customer needs by listening to them,understanding their problems, paying attention todetails, and following through after the sale.

    - Cross-selling- offering multiple goods or services tothe same customer

    Consultative Selling

    Nicolette

  • 7/27/2019 Personal Selling Sales Promotion 2

    12/45

    - Selling situation in which several sales associates or othermembers of the organization are employed to help the leadsales representatives reach all those who influence thepurchase decision.

    - Virtual sales team- network of strategic partners suppliersand others who recommend a firms goods and services.

    Team Selling

    Nicolette

  • 7/27/2019 Personal Selling Sales Promotion 2

    13/45

    Stephanie

    Order Processing Creative Selling Missionary Selling

    Sales Tasks

  • 7/27/2019 Personal Selling Sales Promotion 2

    14/45

    - Selling that involves identifying customerneeds, pointing them out to customers, andcompleting orders.

    Order Processing

  • 7/27/2019 Personal Selling Sales Promotion 2

    15/45

    - Personal selling in which a considerabledegree of analytical decision making on the buyers part results in the need for skillful

    proposals of solutions for the customers needs.

    Creative Selling

  • 7/27/2019 Personal Selling Sales Promotion 2

    16/45

    - Indirect selling method in which salespeoplepromote goodwill for the firm by educatingcustomers and providing technical or

    operational assistance.PLDT myDSL services offer technical support

    for DSL high-speed modem supplied by PLDT.-Source: http://www.pldt.com.ph/support/consumers/Pages/myDSLFAQs.aspx

    Missionary Selling

  • 7/27/2019 Personal Selling Sales Promotion 2

    17/45

  • 7/27/2019 Personal Selling Sales Promotion 2

    18/45

    STEP 7 :Follow

    up

    STEP 6:Closing

    STEP 5: HandlingObjections

    STEP 4: Demonstration

    STEP 3: Presentation

    STEP 2: Approach

    STEP 1: Prospecting and Qualifying

  • 7/27/2019 Personal Selling Sales Promotion 2

    19/45

  • 7/27/2019 Personal Selling Sales Promotion 2

    20/45

    Sales force management links individual salespeople to generalmanagement. The sales management performs seven basicmanagerial functions:

    1. Recruitment and selection2. Training

    3. Organization4. Supervision

    5. Motivation6. Compensation7. Evaluation

  • 7/27/2019 Personal Selling Sales Promotion 2

    21/45

    A successful sales career offerssatisfaction in all of the following five areas aperson generally considers when deciding on a

    profession:

    1. Opportunities for advancement

    2. Potential for high earnings3. Personal satisfaction

    4. Job security

    5. Independence and variety

    Recruitment and Selection

  • 7/27/2019 Personal Selling Sales Promotion 2

    22/45

    To shape new sales recruits into anefficient sales organization, managers mustconduct an effective training program.

    The principal methods used in salestraining are on-the-job training, individual

    instruction, in-house classes, and externalseminars.

    Training

  • 7/27/2019 Personal Selling Sales Promotion 2

    23/45

    Sales managers are responsible for theorganization of the field sales force. Generalorganizational alignments may be based ongeography, products, types of customers, orsome combination of these factors.

    Organization

  • 7/27/2019 Personal Selling Sales Promotion 2

    24/45

  • 7/27/2019 Personal Selling Sales Promotion 2

    25/45

  • 7/27/2019 Personal Selling Sales Promotion 2

    26/45

  • 7/27/2019 Personal Selling Sales Promotion 2

    27/45

  • 7/27/2019 Personal Selling Sales Promotion 2

    28/45

  • 7/27/2019 Personal Selling Sales Promotion 2

    29/45

  • 7/27/2019 Personal Selling Sales Promotion 2

    30/45

    In todays marketing environment, other measuressuch as customers satisfaction, profit contribution,share of product-category sales, and customerretention also come in play. This is the result of threefactors:

    1. A long-term orientation that results from emphasison building customer relationships.

    2. The fact that evaluations based on the sales volumealone may lead to overselling and inventoryproblems that may damage customer relationships.

    3. The need to encourage sales representatives to

    develop new accounts, provide customer service,and em hasize new roducts.

  • 7/27/2019 Personal Selling Sales Promotion 2

    31/45

    The sales manager must follow a formal systemthat includes a consistent series of decisions. Thesystem helps the sales manager answer threegeneral questions:

    1. Where does each salespersons performancerank relative to predetermined standards?

    2. What are the salespersons strong points?

    3. What are the salespersons weak points?

  • 7/27/2019 Personal Selling Sales Promotion 2

    32/45

    Each salesperson should be judged on the basisof actual performance rather than potential .

    Sales managers must judge each salesperson onthe basis of sales performance for the entire for

    the entire period under consideration, ratherthan for a few particular incidents.

    The evaluation should be reviewed by a thirdparty, such as the managers boss or a humanresources manager, for completeness andobjectivity.

  • 7/27/2019 Personal Selling Sales Promotion 2

    33/45

    Some people believe ethical problems are inevitable because of the very nature of the sales function.

    Ethical Issuesin Sales

  • 7/27/2019 Personal Selling Sales Promotion 2

    34/45

    Sales managers and top executives can do a lot to foster a corporateculture that encourages honesty and ethical behavior.

    Here are some characteristics of such a culture:

    1. Employees understand what is expectedof them.

    2. Open communication.3. Managers lead by example.

  • 7/27/2019 Personal Selling Sales Promotion 2

    35/45

  • 7/27/2019 Personal Selling Sales Promotion 2

    36/45

    Coupons and Refunds

    Samples, Bonus Packs, and Premiums

    Contests and Sweepstakes

    Specialty Advertising

    Consumer-Oriented Sales Promotions

  • 7/27/2019 Personal Selling Sales Promotion 2

    37/45

  • 7/27/2019 Personal Selling Sales Promotion 2

    38/45

  • 7/27/2019 Personal Selling Sales Promotion 2

    39/45

    Bonus pack specially packaged item that gives thepurchaser a larger quantity at the regular price

    Head & Shoulders adds 20% more of theregular content of a sachet for the same price.

  • 7/27/2019 Personal Selling Sales Promotion 2

    40/45

  • 7/27/2019 Personal Selling Sales Promotion 2

    41/45

    Contest sales promotion technique thatrequires entrants to complete a task, such as

    solving a puzzle or answering questions in a triviaquiz, for the chance to win a prize

    Sweepstake sales promotion technique in whichprize winners are selected by chance

    Contests and Sweepstakes

  • 7/27/2019 Personal Selling Sales Promotion 2

    42/45

  • 7/27/2019 Personal Selling Sales Promotion 2

    43/45

    Trade Allowances

    Point-of-Purchase Advertising

    Trade Shows

    Dealer Incentives, Contests, and Training Programs

    Trade-Oriented Promotions

  • 7/27/2019 Personal Selling Sales Promotion 2

    44/45

    Trade allowance financial incentive offered to wholesalers andretailers that purchase or promote specific products

    Trade Allowances

    Point-of-Purchase Advertising POP advertising display or otherpromotion located near the site of theactual buying decision

  • 7/27/2019 Personal Selling Sales Promotion 2

    45/45