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Chapter Fifteen Chapter Fifteen Personal Selling, Sales Personal Selling, Sales Management, and Management, and Sales Promotion Sales Promotion
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Chapter Fifteen Personal Selling, Sales Management, and Sales Promotion.

Dec 26, 2015

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Lilian Franklin
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Page 1: Chapter Fifteen Personal Selling, Sales Management, and Sales Promotion.

Chapter FifteenChapter Fifteen

Personal Selling, Sales Personal Selling, Sales Management, andManagement, and

Sales PromotionSales Promotion

Page 2: Chapter Fifteen Personal Selling, Sales Management, and Sales Promotion.

ObjectivesObjectivesObjectivesObjectives

Describe roles of selling and relationship management

Identify when to use personal sellingUnderstand contributions of a salespersonOutline the steps involved in making a saleUnderstand ongoing nature of selling &

marketingDescribe major aspects of sales manager’s jobClassify various forms of sales compensation Identify ethical issues facing sales personnelOverview sales promotion

Describe roles of selling and relationship management

Identify when to use personal sellingUnderstand contributions of a salespersonOutline the steps involved in making a saleUnderstand ongoing nature of selling &

marketingDescribe major aspects of sales manager’s jobClassify various forms of sales compensation Identify ethical issues facing sales personnelOverview sales promotion

Page 3: Chapter Fifteen Personal Selling, Sales Management, and Sales Promotion.

Methods of Personal Methods of Personal SellingSelling

Methods of Personal Methods of Personal SellingSelling

Telemarketing

Inside selling

Retail selling

Field selling

Page 4: Chapter Fifteen Personal Selling, Sales Management, and Sales Promotion.

Characteristics of Characteristics of Personal SellingPersonal Selling

FlexibilityAdapt to situationsEngage in dialogIdentify best

prospects

Builds RelationshipsLong termAssure buyers

receive appropriate services

Solves customer’s problems

Page 5: Chapter Fifteen Personal Selling, Sales Management, and Sales Promotion.

Personal Selling Personal Selling Limitations Limitations

Can not reach mass audience

Expensive per contact

Numerous calls needed to generate sale

Page 6: Chapter Fifteen Personal Selling, Sales Management, and Sales Promotion.

Personal Selling TasksPersonal Selling Tasks

Order taking Routine

writing up orderschecking invoicesassuring prompt order

processing

Suggestive selling

Page 7: Chapter Fifteen Personal Selling, Sales Management, and Sales Promotion.

Personal Selling TasksPersonal Selling Tasks

Order gettingSeeking out

customersAnalyze customer

problemsMatch firm’s solutions

w/ customer problemArouse customer

interestSell

Page 8: Chapter Fifteen Personal Selling, Sales Management, and Sales Promotion.

Personal Selling TasksPersonal Selling Tasks

MissionaryDetailerGoodwill“Closers”

Cross-functionalAccount service

team

Page 9: Chapter Fifteen Personal Selling, Sales Management, and Sales Promotion.

The Creative Selling The Creative Selling ProcessProcess

LOCATING QUALIFIED PROSPECTS

PREAPPROACH PLANNING

CLOSING

HANDLING OBJECTIONS

MAKING THE PRESENTATION

APPROACHING THE PROSPECT

FOLLOWING UP

Page 10: Chapter Fifteen Personal Selling, Sales Management, and Sales Promotion.

Creative Selling ProcessCreative Selling ProcessCreative Selling ProcessCreative Selling Process

Locating Qualified Prospects

Prospecting: Identifying likely new customersLeads

Qualifying: Evaluating a prospect’s potential

Locating Qualified Prospects

Prospecting: Identifying likely new customersLeads

Qualifying: Evaluating a prospect’s potential

Page 11: Chapter Fifteen Personal Selling, Sales Management, and Sales Promotion.

Creative Selling ProcessCreative Selling ProcessCreative Selling ProcessCreative Selling Process

Preapproach PlanningUnderstand situation

PeopleRolesNeeds

Preapproach PlanningUnderstand situation

PeopleRolesNeeds

Page 12: Chapter Fifteen Personal Selling, Sales Management, and Sales Promotion.

Creative Selling ProcessCreative Selling ProcessCreative Selling ProcessCreative Selling Process

Approaching the Prospect

ContactRapport“Only one chance to

make a first impression”

Approaching the Prospect

ContactRapport“Only one chance to

make a first impression”

Page 13: Chapter Fifteen Personal Selling, Sales Management, and Sales Promotion.

Creative Selling ProcessCreative Selling ProcessCreative Selling ProcessCreative Selling Process

Sales PresentationPersuasive

communicationAttentionInterestDesire“Tell the product’s story”

Sales PresentationPersuasive

communicationAttentionInterestDesire“Tell the product’s story”

Page 14: Chapter Fifteen Personal Selling, Sales Management, and Sales Promotion.

Handling ObjectionsQuestionsReservations

Understand ConcernCounterargumentsAcknowledge concernClues to process

Handling ObjectionsQuestionsReservations

Understand ConcernCounterargumentsAcknowledge concernClues to process

Creative Selling ProcessCreative Selling ProcessCreative Selling ProcessCreative Selling Process

Page 15: Chapter Fifteen Personal Selling, Sales Management, and Sales Promotion.

Creative Selling ProcessCreative Selling ProcessCreative Selling ProcessCreative Selling Process

Closing the SaleClosing signalsTrial closeAsk for the

sale

Closing the SaleClosing signalsTrial closeAsk for the

sale

Page 16: Chapter Fifteen Personal Selling, Sales Management, and Sales Promotion.

Creative Selling ProcessCreative Selling ProcessCreative Selling ProcessCreative Selling Process

Following UpCommitments met

ShipmentPerformance

Reinforce relationshipSatisfied customers

rebuy & recommend

Following UpCommitments met

ShipmentPerformance

Reinforce relationshipSatisfied customers

rebuy & recommend

Page 17: Chapter Fifteen Personal Selling, Sales Management, and Sales Promotion.

Sales ManagementSales ManagementSales ManagementSales Management

PlanningPlanning OrganizingOrganizing

DirectingDirectingControllingControlling

Settingobjectives

Organizingactivities

Recruit, select, train, develop, manage, &motivate

Motivate,evaluate, & control

Page 18: Chapter Fifteen Personal Selling, Sales Management, and Sales Promotion.

Organizing Sales Organizing Sales ActivitiesActivities

Organizing Sales Organizing Sales ActivitiesActivities

Sales Territory:Geographic divisionsCustomer typesProduct lines

Sales Territory:Geographic divisionsCustomer typesProduct lines

Page 19: Chapter Fifteen Personal Selling, Sales Management, and Sales Promotion.

Geographic DivisionGeographic DivisionGeographic DivisionGeographic Division

Sales RepCalifornia

Sales RepPacific NW

Sales RepSoutheast

Sales RepNortheast

District SalesManager

District SalesManager

District SalesManager

District SalesManager

Regional SalesManager

Regional SalesManager

Vice-PresidentMarketing

Page 20: Chapter Fifteen Personal Selling, Sales Management, and Sales Promotion.

Customer TypeCustomer TypeCustomer TypeCustomer Type

New Account#1

New Account#2

ExistingAccount #1

ExistingAccount #2

New AccountsManager

Existing AccountsManager

Vice-PresidentSales

Page 21: Chapter Fifteen Personal Selling, Sales Management, and Sales Promotion.

Product LineProduct LineProduct LineProduct Line

Sales RepEastern Region

Sales RepWest’n Region

Sales repEastern Region

Sales RepWest’n Region

Snack FoodsSales Manager

BeveragesSales Manager

Vice-PresidentSales

Page 22: Chapter Fifteen Personal Selling, Sales Management, and Sales Promotion.

Directing the Sales Directing the Sales ForceForce

Recruiting and selectingTrainingCompensatingMotivating

Page 23: Chapter Fifteen Personal Selling, Sales Management, and Sales Promotion.

Compensation MethodsCompensation MethodsCompensation MethodsCompensation Methods

Straight Straight salary orsalary or

wagewage

Straight Straight salary orsalary or

wagewage

Salary plusSalary pluscommissioncommission

Salary plusSalary pluscommissioncommission

StraightStraightcommissioncommission

StraightStraightcommissioncommission

Quota-bonusQuota-bonusplanplan

Quota-bonusQuota-bonusplanplan

Page 24: Chapter Fifteen Personal Selling, Sales Management, and Sales Promotion.

Evaluation and ControlEvaluation and Control

Measurement against objectives

Mutual standardsActivity logs

Page 25: Chapter Fifteen Personal Selling, Sales Management, and Sales Promotion.

Ethical IssuesEthical Issues

HonestyAccurate informationMisrepresentationNo bribes or giftsNo conspiracy

Page 26: Chapter Fifteen Personal Selling, Sales Management, and Sales Promotion.

Sales PromotionSales Promotion

Objective: Bolster/complement other promotional mix elements during a specific time period

Targeted toward:Sales forceWholesalers and retailersConsumers

Page 27: Chapter Fifteen Personal Selling, Sales Management, and Sales Promotion.

Trade PromotionsTrade Promotions

Objective:Motivate for special effortsIncrease number of distributors

Page 28: Chapter Fifteen Personal Selling, Sales Management, and Sales Promotion.

Major Forms of Trade Major Forms of Trade PromotionPromotion

Trade showsContestsDisplay equipment and P-O-P materialsCooperative advertising & promotionsAllowances

Page 29: Chapter Fifteen Personal Selling, Sales Management, and Sales Promotion.

Consumer PromotionConsumer Promotion

Rebates

Contest & sweepstakes

Product sampling

Coupons

Page 30: Chapter Fifteen Personal Selling, Sales Management, and Sales Promotion.

Consumer PromotionConsumer Promotion

Multiple purchase offers

P-O-P material

Product placements/tie-ins

Premiums

Page 31: Chapter Fifteen Personal Selling, Sales Management, and Sales Promotion.

ReviewReviewReviewReview

Describe roles of selling and relationship management

Identify when to use personal sellingUnderstand contributions of a salespersonOutline the steps involved in making a saleUnderstand ongoing nature of selling &

marketingDescribe major aspects of sales manager’s jobClassify various forms of sales compensation Identify ethical issues facing sales personnelOverview sales promotion

Describe roles of selling and relationship management

Identify when to use personal sellingUnderstand contributions of a salespersonOutline the steps involved in making a saleUnderstand ongoing nature of selling &

marketingDescribe major aspects of sales manager’s jobClassify various forms of sales compensation Identify ethical issues facing sales personnelOverview sales promotion