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Marketing&Selling

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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

    http://www.accel-team.com/human_relations/hrels_02_maslow.html
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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.html
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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%3DG
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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

    /