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Golden Rules of SellinGolden Rules of Sellin 22
Learning ObjectivesLearning Objectives What the difference betweenWhat the difference between
Marketing & selling ?Marketing & selling ? Facts about selling processFacts about selling process
7 roles of salesman7 roles of salesman
Advantages & drawback of this jobAdvantages & drawback of this job Types of salesmanTypes of salesman
Titles of salesmanTitles of salesman
Criteria of Medical rep.Criteria of Medical rep. Communication skillsCommunication skills
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Golden Rules of SellinGolden Rules of Sellin 33
Learning ObjectivesLearning Objectives
Define the terms advertising, personalDefine the terms advertising, personalselling, sales promotion, publicselling, sales promotion, publicrelations and publicityrelations and publicity
Explore into the 3 stages of sellingExplore into the 3 stages of selling Define the term promotional mix.Define the term promotional mix. List the five elements of theList the five elements of the
promotional mix.promotional mix.
List the advantages and disadvantagesList the advantages and disadvantagesof each of the four promotional mixof each of the four promotional mixelementselements
List the principal goals of promotion.List the principal goals of promotion.
What is personal selling?What is personal selling?
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Golden Rules of SellinGolden Rules of Sellin 44
Learning ObjectivesLearning Objectives
20/8020/80
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Golden Rules of SellinGolden Rules of Sellin 55
Golden selling skills rules
What the difference between Marketing &What the difference between Marketing &selling ?selling ?
Marketing EvolutionsMarketing Evolutions
4 ps4 ps
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Golden Rules of SellinGolden Rules of Sellin 66
Three Marketing EvolutionThree Marketing Evolution
Product approachProduct approach1850- 19001850- 1900
Selling approachSelling approach1900 19501900 1950
Customer approachCustomer approach1950-20081950-2008
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Golden Rules of SellinGolden Rules of Sellin 77
Three Marketing ConceptsThree Marketing Concepts
Product approachProduct approach1850- 19001850- 1900
Selling approachSelling approach1900 19501900 1950
Customer approachCustomer approach1950-20081950-2008
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Golden Rules of SellinGolden Rules of Sellin 88
Product ApproachProduct Approach
FocusesFocuses ononproduct andproduct andproduction moreproduction morethan marketingthan marketing
AssumesAssumes that athat agood product willgood product willsell itselfsell itself
UsefulUseful whenwhen
demand exceedsdemand exceedsits supply, andits supply, andwhen product iswhen product isexpensive toexpensive toproduce andproduce and
improvedimprovedproductivity orproductivity or
.
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Golden Rules of SellinGolden Rules of Sellin 99
Selling ApproachSelling Approach
FocusesFocuses on sellingon selling AssumesAssumes that athat a
good sales teamgood sales teamwill sell whateverwill sell whateverthey producethey produce
AssumesAssumes thatthatcustomers will likecustomers will likewhat they buywhat they buy
(poor assumption(poor assumption
why?)why?)
UsefulUseful for productsfor productscustomers do notcustomers do notnormally considernormally consider
buying, or whenbuying, or when
o o
o ( )
o
o
.
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Golden Rules of SellinGolden Rules of Sellin 1010
Customer ApproachCustomer Approach
FocusesFocuses ononfulfilling customersfulfilling customersneedsneeds
Aligning marketingAligning marketingeffort to satisfyeffort to satisfycustomerscustomers
Profit is consideredProfit is consideredas a result ofas a result of
customercustomersatisfactionsatisfaction
Focuses on buildingFocuses on buildinglong-termlong-term
relationships withrelationships withcustomerscustomers
.
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Golden Rules of SellinGolden Rules of Sellin 1111
4 Elements for New Business4 Elements for New Business MoneyMoney Man power ( human resource )Man power ( human resource )
ProductionProduction MarketingMarketing
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Golden Rules of SellinGolden Rules of Sellin 1212
,MONEY
HUMAN RESOURCE
PRODUCTION
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Golden Rules of SellinGolden Rules of Sellin 1313
MARKETING
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Golden Rules of SellinGolden Rules of Sellin 1414
Turning Suspects IntoTurning Suspects IntoBona (true) ProspectsBona (true) Prospects
IdentifyIdentify MADMAD CustomersCustomersMMoney to Buy ( Purchasing Power )oney to Buy ( Purchasing Power )
( p.p. )( p.p. )
AAuthority to Buy ( Decision making )uthority to Buy ( Decision making )
DDesire to Buy ( Need )esire to Buy ( Need )Qualified Customer
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Golden Rules of SellinGolden Rules of Sellin 1515
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Golden Rules of SellinGolden Rules of Sellin 1616
Explain the difference between aExplain the difference between acustomers needs, wants, andcustomers needs, wants, anddemandsdemands ????
NeedNeed , Want, Want ,,DemandDemand ??
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Golden Rules of SellinGolden Rules of Sellin 1717
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Golden Rules of SellinGolden Rules of Sellin 1818
MaslowMaslow The basic human needs, according to Maslow,The basic human needs, according to Maslow,
are:are:
physiological needs (Lowest need) asphysiological needs (Lowest need) ashunger,thirt, sleep.etchunger,thirt, sleep.etc
safety needs; as security,protection fromsafety needs; as security,protection fromdanger.danger.
love needs; as belonging, love,frindship.love needs; as belonging, love,frindship. esteem needs; as self respect,statusesteem needs; as self respect,status
recognationrecognation
self-actualization needs (Highest)isself-actualization needs (Highest)is
achieved by few as Nageeb Mahfowz selfachieved by few as Nageeb Mahfowz selfactualised as the first arabic person to winactualised as the first arabic person to winthe Nobel Prize for stories inthe Nobel Prize for stories in 19881988..
unsatisfied needsunsatisfied needs equal motivatorequal motivator
when one need is satisfied he aspires for thewhen one need is satisfied he aspires for thenext higher one.next higher one.
http://www.accel-team.com/human_relations/hrels_02_maslow.htmlhttp://www.accel-team.com/human_relations/hrels_02_maslow.htmlhttp://www.accel-team.com/human_relations/hrels_02_maslow.htmlhttp://www.accel-team.com/human_relations/hrels_02_maslow.html8/14/2019 Marketing&Selling
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Golden Rules of SellinGolden Rules of Sellin 1919
WantsWants
Wants areWants arethose thingsthose thingsthat people in athat people in aspecific regionspecific region
believe willbelieve willsatisfy a needsatisfy a need
Hunger
http://images.google.com/imgres?imgurl=www.lunaestas.com/blackadder/show/bean_01.jpg&imgrefurl=http://www.lunaestas.com/blackadder/show.html&h=296&w=269&prev=/images%3Fq%3Dmr.%2Bbean%26start%3D40%26svnum%3D10%26hl%3Den%26lr%3D%26ie%3DUTF-8%26oe%3DUTF-8%26sa%3DNhttp://www.google.com/imgres?imgurl=www.beijinghouserestaurant.com/welcome/food_pic2.jpg&imgrefurl=http://www.beijinghouserestaurant.com/welcome.html&h=187&w=166&prev=/images%3Fq%3Dchinese%2Bfood%26start%3D60%26svnum%3D10%26hl%3Den%26lr%3D%26ie%3DUTF-8%26oe%3DUTF-8%26sa%3DNhttp://www.google.com/imgres?imgurl=www.saveurs.sympatico.ca/ency_6/boeuf/hamburger.jpg&imgrefurl=http://www.saveurs.sympatico.ca/belle/forme/test-aliment.htm&h=248&w=300&prev=/images%3Fq%3Dhamburger%26svnum%3D10%26hl%3Den%26lr%3D%26ie%3DUTF-8%26oe%3DUTF-8%26sa%3DG8/14/2019 Marketing&Selling
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Golden Rules of SellinGolden Rules of Sellin 2020
d dN d W t d
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Golden Rules of SellinGolden Rules of Sellin 2121
Needs:Needs:state of felt deprivation forstate of felt deprivation for
basic items such as food and clothingbasic items such as food and clothing
and complex needs such as forand complex needs such as for
belonging. i.e. I am hungry.belonging. i.e. I am hungry.
Wants:Wants:form that a human need takesform that a human need takesas shaped by culture and individualas shaped by culture and individual
personality. i.e. I want a hamburger,personality. i.e. I want a hamburger,
Needs, Wants andNeeds, Wants andDemands?Demands?
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Golden Rules of SellinGolden Rules of Sellin 2222
Need & want refers toNeed & want refers topeoplepeople
Demand refers to goods&Demand refers to goods&servicesservices
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Golden Rules of SellinGolden Rules of Sellin 2323
20% dont have need20% dont have need20% dont have Authority20% dont have Authority30% dont have p.p.30% dont have p.p.
U have to discover need & focus onU have to discover need & focus onWantWant
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Golden Rules of SellinGolden Rules of Sellin 2424
)10()10(
::
)2()2( ..
)3()3( ..
)2()2( ..
%70-65%70-65
. .
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Golden Rules of SellinGolden Rules of Sellin 2525
C titi Ad t ( h tC titi Ad t ( h t
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Golden Rules of SellinGolden Rules of Sellin 2626
Competitive Advantage ( why toCompetitive Advantage ( why tochange)change)
Someone can copy your business strategySomeone can copy your business strategy
Someone can copy your productSomeone can copy your product
Someone can copy your manufacturingSomeone can copy your manufacturingcapabilitiescapabilities
Someone can copy your market accessSomeone can copy your market access
No one can copy your knowledgeand relations with your customers
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Golden Rules of SellinGolden Rules of Sellin 2727
The Four Ps of theThe Four Ps of the
Marketing MixMarketing MixProduct Place
Price Promotion
C
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Golden Rules of SellinGolden Rules of Sellin 2828
Definition ofDefinition ofMarketingMarketing
MarketingMarketing is the total systemis the total systemof business activities designedof business activities designedto plan, price, promote, andto plan, price, promote, anddistribute want-satisfying goodsdistribute want-satisfying goods,, servicesservices, and, and ideas ( products )ideas ( products )to target markets in order toto target markets in order toachieve organizationalachieve organizationalobjectivesobjectives
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Golden Rules of SellinGolden Rules of Sellin 2929
What is Marketing?What is Marketing?
American Marketing Association Definition
Marketingis the process of planning andexecuting the conception, pricing, promotion,and distribution of ideas, goods, and services
to create exchanges that satisfy individual andorganizational goals.
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Golden Rules of SellinGolden Rules of Sellin 3030
Definitions of MarketingDefinitions of Marketing
Marketing is theMarketing is themanagement processmanagement process
that identifies, andthat identifies, andsatisfies customersatisfies customer
requirements profitablyrequirements profitably
The chartered institute of marketingThe chartered institute of marketing
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3131Golden Rules of SellinGolden Rules of Sellin
TheTheMarketing Concept:Marketing Concept:
Satisfy customer needs and wantsSatisfy customer needs and wants
AND
Make a profit
d i hP d t i th
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3232Golden Rules of SellinGolden Rules of Sellin
Product, in theProduct, in the
Right Place, atRight Place, at
the Right Time,the Right Time,and at the Rightand at the Right
PricePrice
ar e ng s e
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Golden Rules of SellinGolden Rules of Sellin 3333
ar e ng s e
Human ActivityHuman ActivityDirected atDirected at
Satisfying HumanSatisfying HumanNeeds and WantsNeeds and Wants
Through anThrough an
Exchange ProcessExchange Process
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Golden Rules of SellinGolden Rules of Sellin 3434
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Golden Rules of SellinGolden Rules of Sellin 3535
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Golden Rules of SellinGolden Rules of Sellin 3636
The 4Ps of Marketing MixThe 4Ps of Marketing Mix
Product Price
Place Promotion
ra egy ec s on reasra egy ec s on reas
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Golden Rules of SellinGolden Rules of Sellin 3737
Product
Physical GoodsServiceFeaturesQuality LevelAccessoriesWarranty
Product LinesPackagingBranding
Place
ObjectivesChannel TypeMarket ExposureKinds and
Locations ofStores
How to HandleTransportingand Storing
Promotion
ObjectivesSalespeopleKindNumberSelectionTraining
MotivationAdvertisingTargetsKinds of AdsMedia Type
Sales Promotion
Publicity
Price
ObjectivesFlexibilityDiscountsAllowances
ra egy ec s on reasra egy ec s on reasOrganized by the Four PsOrganized by the Four Ps
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Golden Rules of SellinGolden Rules of Sellin 3838
Marketing MixMarketing Mix
People
Physical
evidence
Process Promotion
Place
Price
Product
Marketing
mix
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Golden Rules of SellinGolden Rules of Sellin 3939
SERVICES MARKETING MIX ) 7 ps(:SERVICES MARKETING MIX ) 7 ps(:
ProductProduct
PricePricePromotionPromotionPlacePlace
People in ServicesPeople in ServicesPhysical Evidence inPhysical Evidence in
ServicesServicesProcess in ServicesProcess in Services
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Golden Rules of SellinGolden Rules of Sellin 4040
Promotion
communication of
information influence the buyer
h i i lTh P i i l
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Golden Rules of SellinGolden Rules of Sellin 4141
Three PrincipalThree Principal
Goals of PromotionGoals of Promotion
sTo inform.To inform.sTo persuade.To persuade.
sTo remind.To remind.
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Golden Rules of SellinGolden Rules of Sellin 4242
Promotional objectivesPromotional objectives
To support sales increasesTo support sales increasesTo encourage trialTo encourage trial
To create awarenessTo create awarenessTo inform about a feature orTo inform about a feature orbenefitbenefit
To remindTo remindTo reassureTo reassureTo create an imageTo create an image
To modify attitudesTo modify attitudes
El tEl t
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Golden Rules of SellinGolden Rules of Sellin 4343
ElementsElementsCommunications and theCommunications and the
Promotional MixPromotional MixsAdvertisingAdvertising
sPersonal selling (sales)Personal selling (sales)
sPublic relations andPublic relations and
publicitypublicity
sSales promotionSales promotion
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ass e ng
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Golden Rules of SellinGolden Rules of Sellin 4545
ass e ng communicating with large numbers of potential
customers
non-personal selling
used when the target market is large and
dispersed
Advertising is a form of Mass Selling
:Advertising:Advertising
Any paid form of non-personalAny paid form of non-personal
( communication ) presentation of ideas,( communication ) presentation of ideas,goods, or services by an identified sponsor.goods, or services by an identified sponsor.( the main form of mass selling ) eg. TV( the main form of mass selling ) eg. TVcommercialcommercial
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Golden Rules of SellinGolden Rules of Sellin 4646
Definitions of IndividualDefinitions of IndividualPromotional Mix ElementsPromotional Mix Elements
Personal selling:Personal selling:sOral conversations, either by telephone orOral conversations, either by telephone or
face-to-face, between sales persons andface-to-face, between sales persons andprospective customers.prospective customers.
fi i i f di id l
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Golden Rules of SellinGolden Rules of Sellin 4747
Definitions of IndividualDefinitions of IndividualPromotional Mix ElementsPromotional Mix Elements
Sales promotion:Sales promotion:
sApproaches other thanApproaches other thanadvertising, personal selling,advertising, personal selling,and public relations andand public relations and
publicity where customers arepublicity where customers aregiven a short-term inducementgiven a short-term inducement
to make an immediate purchase.to make an immediate purchase.
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Golden Rules of SellinGolden Rules of Sellin 4848
Definitions of IndividualDefinitions of IndividualPromotional Mix ElementsPromotional Mix Elements
Public relations &Publicity:Public relations &Publicity:
s All the activities that a hospitality andAll the activities that a hospitality and
travel organization engages in to maintaintravel organization engages in to maintainor improve its relationship with otheror improve its relationship with other
organizations and individuals.organizations and individuals.
s One public relations technique thatOne public relations technique that
involves non-paid communication ofinvolves non-paid communication of
information about an organizationsinformation about an organizations
services.services.
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Golden Rules of SellinGolden Rules of Sellin 4949
PROMOTION MIXPROMOTION MIX
ADVERTISINGADVERTISING PUBLIC RELATIONPUBLIC RELATION
SALES PROMOTIONSALES PROMOTION PERSONAL SELLINGPERSONAL SELLING
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5050Golden Rules of SellinGolden Rules of Sellin
What is Selling?What is Selling?Helping customersHelping customers
make satisfyingmake satisfyingbuying decisions bybuying decisions bycommunicating howcommunicating howproducts and theirproducts and theirfeatures matchfeatures matchcustomers needscustomers needs
and wants.and wants.
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Golden Rules of SellinGolden Rules of Sellin 5151
Exchange process betweensales man & customer
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Golden Rules of SellinGolden Rules of Sellin 5252
Art to persuade a person or a group of people toexchange money for something to may intend tobuy
goal directed-1
Persuasive -2communication-3
/
What is Selling?What is Selling?
SS
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5353Golden Rules of SellinGolden Rules of Sellin
SEVEN
STE
PSINT
HESAL
ES
SEVEN
STE
PSINT
HESAL
ES
PROC
ESS
PROC
ESS
Locate
Customer
PLAN THE
INTERVIEW
MAKE INITIAL
CONTACT
SATISFY
THE NEED
OVERCOME
OBJECTIONS
CLOSE
THE SALE
BUILD
A LONG
TERM
The difference in
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Golden Rules of SellinGolden Rules of Sellin 5454
Marketing Is..Marketing Is.. A way of doing businessA way of doing business Complete processComplete process
In everyones job descriptionIn everyones job description
The difference inMarketing, and Selling
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Golden Rules of SellinGolden Rules of Sellin 5555
..
Marketing ) )Marketing ) )CreationCreation Selling ) )Selling ) ) Influence Influence:: :: ::
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Golden Rules of Sellingskills
/