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6e SM Module02dsi

Apr 03, 2018

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  • 7/29/2019 6e SM Module02dsi

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    Overview of Personal Selling

    Module Two

  • 7/29/2019 6e SM Module02dsi

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    Ingram LaForge Avila

    Schwepker Jr. Williams

    Sales Management:

    Analysis and Decision Making

    Module 2:

    Overview of Personal Selling

    Learning Objectives

    1. Describe the evolution of personal sellingfrom ancient times to the modern era.

    2. Explain the contributions of personalselling to society, business firms, andcustomers.

    3. Distinguish between transaction-focusedtraditional selling and trust-basedrelationship selling.

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    Ingram LaForge Avila

    Schwepker Jr. Williams

    Sales Management:

    Analysis and Decision Making

    Module 2:

    Overview of Personal Selling

    Learning Objectives

    4. Discuss five alternative approaches to

    selling.

    5. Describe the three primary roles fulfilled

    by consultative salespeople

    6. Understand the sales process as a

    series of interrelated steps.

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    Ingram LaForge Avila

    Schwepker Jr. Williams

    Sales Management:

    Analysis and Decision Making

    Module 2:

    Overview of Personal Selling

    Setting the Stage

    1. What does Carl Strenger, a UPS Vice

    President, mean by a consultativediscussion with the customer?

    2. When teaming up with UPS Capital

    sales personnel, what is the focus of the

    overall sales strategy?

    UPS Builds Trust and Long-TermCustomer Relationships

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    Schwepker Jr. Williams

    Sales Management:

    Analysis and Decision Making

    Module 2:

    Overview of Personal Selling

    Personal Selling Defined

    Personal selling refers to personal

    communication with a an audience

    through paid personnel of anorganization or its agents in

    such a way that the audience

    perceives the communicators

    organization as being the sourceof the message.

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    Schwepker Jr. Williams

    Sales Management:

    Analysis and Decision Making

    Module 2:

    Overview of Personal Selling

    Industrial

    Revolution

    Post-Industrial

    Revolution

    War and

    Depression

    Modern

    Era

    1800s 1900s 2000s

    Evolution of Personal Selling

    Selling function

    became more

    structured

    Peddlers selling door

    to door . . . served

    as intermediaries

    Business organizations

    employed salespeople

    Selling function

    became more

    professional

    As we begin the 21st century, selling continues to develop,

    becoming more professional and more relational

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    Schwepker Jr. Williams

    Sales Management:

    Analysis and Decision Making

    Module 2:

    Overview of Personal Selling

    Contributions of Personal Selling:

    Salespeople and Society

    Salespeople helpstimulate the economy

    Salespeople help with thediffusion of innovation

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    Schwepker Jr. Williams

    Sales Management:

    Analysis and Decision Making

    Module 2:

    Overview of Personal Selling

    Contributions of Personal Selling:

    Salespeople and the Employing Firm

    Salespeople generate revenue

    Salespeople provide market

    research and customer feedback

    Salespeople become future

    leaders in the organization

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    Sales Management:

    Analysis and Decision Making

    Module 2:

    Overview of Personal Selling

    Contributions of Personal Selling:

    Salespeople and the Customer

    Salespeople provide solutions to

    problems

    Salespeople provide expertise andserve as information resources

    Salespeople serve as advocates for

    the customer when dealing with the

    selling organization

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    Schwepker Jr. Williams

    Sales Management:

    Analysis and Decision Making

    Module 2:

    Overview of Personal Selling

    Transaction-Focused vs.

    Relationship Focused

    Transaction-Focused Relationship-Focused

    Short term thinking

    Making the sale has

    priority over mostother considerations

    Interaction between

    buyer and seller is

    competitive

    Salesperson is self-interest oriented

    Long term thinking

    Developing the

    relationship takespriority over getting

    the sale

    Interaction between

    buyer and seller is

    collaborative. Salesperson is

    customer-oriented

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    Schwepker Jr. Williams

    Sales Management:

    Analysis and Decision Making

    Module 2:

    Overview of Personal Selling

    Classification of

    Personal Selling Approaches

    Stimulus Response Selling

    Mental States Selling Need Satisfaction Selling

    Problem Solving Selling

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    Sales Management:

    Analysis and Decision Making

    Module 2:

    Overview of Personal Selling

    Stimulus Response Selling

    Salesperson

    Provides

    Stimuli

    Buyer

    Responses

    Sought

    ContinueProcess until

    Purchase

    Decision

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    Sales Management:

    Analysis and Decision Making

    Module 2:

    Overview of Personal Selling

    Mental States Selling

    Attention Interest Conviction Desire Action

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    Sales Management:

    Analysis and Decision Making

    Module 2:

    Overview of Personal Selling

    Need Satisfaction Selling

    Uncover and

    Confirm

    Buyer Needs

    PresentOffering to

    Satisfy

    Buyer Needs

    ContinueSelling until

    Purchase

    Decision

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    Schwepker Jr. Williams

    Sales Management:

    Analysis and Decision Making

    Module 2:

    Overview of Personal Selling

    Problem Solving Selling

    Define

    Problem

    GenerateAlternative

    Solutions

    Continue

    Sellinguntil

    Purchase

    Decision

    EvaluateAlternative

    Solutions

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    Schwepker Jr. Williams

    Sales Management:

    Analysis and Decision Making

    Module 2:

    Overview of Personal Selling

    Long-term Ally

    Consultative Selling

    The process of helping

    customers reach theirstrategic goals by using

    the products, service,

    and expertise of the

    selling organization.

    Strategic Orchestrator

    Business Consultant

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    Sales Management:

    Analysis and Decision Making

    Module 2:

    Overview of Personal Selling

    The Sales Process: An Overview

    DevelopingCustomer

    Relationships

    InitiatingCustomer

    Relationships

    EnhancingCustomer

    Relationships

    Selling

    Foundations

    Selling

    Strategy

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    Sales Management:

    Analysis and Decision Making

    Module 2:

    Overview of Personal Selling

    The Sales Process: Selling Foundations

    In order to be successful in todays global businessenvironment, salespeople must have a solid

    relationship building foundation. They must:

    Possess Excellent Communication Skills

    Understand Buyer Behavior

    Behave Ethically

    Be Trustworthy

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    Sales Management:

    Analysis and Decision Making

    Module 2:

    Overview of Personal Selling

    The Sales Process: Selling Strategy

    In order to be successful in todays global business

    environment, salespeople must also think and act

    strategically. The must develop strategies for:

    Their Sales Territories

    Each Sales Call

    Each Customer

    Each strategy is

    related to the other

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    Schwepker Jr WilliamsSales Management:

    Analysis and Decision Making

    Module 2:

    Overview of Personal Selling

    Adding Value through Follow-up,Self-leadership, and Teamwork

    The Sales Process

    Prospecting

    Preapproach Presentation Planning

    Approaching the Customer

    Sales Presentation Delivery

    Earning Customer Commitment

    Developing

    CustomerRelationships

    Initiating

    CustomerRelationships

    Enhancing

    CustomerRelationships