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Faheem Akram (U12025)Geetika Popli (U112026)Harsh Mishra (U112028)Kaushik Padhy (U112032)
Abhimanyu Goyal (U112033)Manvendra Singh Chauhan (U112034)
Meet Nalin Mehta (U112035)Mithun Ramesh Nambiar (U112036)
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The article helps us in:Identifying the actual decision makers in a buyingorganization (The Buying Center & Powerful Buyers)
Determining how buyers view their self-interests
(What do buyers want?)
Gathering and applying psychological intelligence
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Initiator
Decider
InfluencersPurchaser
Gatekeeper
Users
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Internship at HP
Status Power- Higher the position stronger the holdover decision making.
Top Down in nature
Influenced by others whose power is based on
Attraction or Expertise.
One of the weaker power bases.
Internship at Collegites
1 Year old company with a tiny workforceFigurative Board of Governors
Power concentrated on 1 source. The MD
External Consultants exert expert power to
influence the head
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Type of Power Champion (Positive) Or Veto (Negative)
RewardManagers ability to provide monetary,
social, political or psychological
benefits to encourage purchases
Coercive
Managers ability to impose
punishment on others for Non-
Compliance
Attraction
Ability to persuade or charm people
because they like you
Expert
Ability to elicit compliance because of
technical expertise
Status
Power comes from having a high
position in the corporation
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Basic Rule Of Motivation:All buyers act selfishly or try to be selfish but sometimesmiscalculate and dont serve their own interests.
Buyers act as if acomplex product
were decomposable
into several benefits
Buyers segment thepotential benefits
into various
categories(financial,
product-service,
personal and socio-
political).
Buyers are notcertain that
purchasing a product
will actually bring the
desired benefit.
Vendor can try to
focus the buyersattention on
benefits not a part
of his or her thinking
Sellers can de-
emphasize the
buyers desire forbenefits on which
the vendors
offerings stacks
poorly
Vendors try to
increase buyersconfidence that
promised benefits
will be realized
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Understanding customers needs is paramount for a consultingfirm like Deloitte
Internship project Business Process Planning for supply chain
in auto industry
Identify deliverables, project scope and create a process mapunique to Deloitte or improve on an existing process
Deloitte successfully bided for 2 projects one due to lowestcost and another due to technical expertise and final offering tothe customer
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Perception depends on:
Products Offered
After sales service provided
References
Impression on InfluentialPeople (e.g. Physician)
How buyer sees
our goods
How
buyer sees
our
people
negatively positively
negatively
positively
Internship at Reckitt Benckiser:
Channel Partners perception about Reckitt
Launching of Dettol Kitchen Gel
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Make sure sales calls are productive and informative
Identifying buying centers
Identifying powerful buyers
Benefit required by the buyer
Buyers perception of us
Listening to sales force
Sales Audit
Rewarding rigorous fact-gathering analysis & execution
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